European Union Government Spending

Government Spending in European Union increased to 714.75 EUR Billion in the third quarter of 2021 from 708.62 EUR Billion in the second quarter of 2021. Government Spending in European Union averaged 585.71 EUR Billion from 1995 until 2021, reaching an all time high of 714.75 EUR Billion in the third quarter of 2021 and a record low of 464.06 EUR Billion in the first quarter of 1995. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides — European Union Government Spending — actual values, historical data, forecast, chart, statistics, economic calendar and news.

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