Greece Government Spending to GDP  Forecast 2016-2020

Government Spending to GDP in Greece is expected to be 53.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Government Spending to GDP is projected to trend around 44.00 percent in 2020, according to our econometric models.

Greece Government Spending to GDP
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Government Spending to GDP 55.3 53.8 53.6 53.4 53 44 percent
Greece Government Spending to GDP Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Greece Government Spending to GDP using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Greece Government Spending to GDP - was last predicted on Tuesday, March 28, 2017.
Greece Government Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 177 174 173 172 172 164
Government Budget -7.2 -3.9 -3.9 -7.16 -3.9 -1.8
Government Budget Value 423 200 -1010 -1020 -3680 -3610
Government Spending 10778 9500 9900 9800 11600 12200
Government Spending to GDP 55.3 53.8 53.6 53.4 53 44
Government Revenues 8332 12520 23140 34380 51560 51730
Government Debt 326358 378000 392000 326301 427000 452000
Fiscal Expenditure 7909 12320 24150 36270 55240 55340
Asylum Applications 7470 2900 4400 980 1100 420
Credit Rating 9.78
Military Expenditure 6104 5969 6145 6320 6326 6265