Government spending in European Union was last recorded at 49.2 percent of GDP in 2024 . Government Spending to GDP in European Union averaged 48.73 percent of GDP from 1995 until 2024, reaching an all time high of 53.40 percent of GDP in 1995 and a record low of 45.80 percent of GDP in 2007. source: EUROSTAT
Government Spending to GDP in European Union is expected to reach 49.90 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Government Spending To GDP is projected to trend around 50.50 percent of GDP in 2026 and 50.40 percent of GDP in 2027, according to our econometric models.