European Union General government total expenditure (% of GDP) Statistics

23, May 2019, EDT.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: European Union › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all European Union indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) Statistics for European Union , Year 2015 - In Detail

General government total expenditure (% of GDP) for European Union in year 2015 is 46.761 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes European Union n/a in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; European Union is 12.88 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for European Union was 47.70 % General government total expenditure (% of GDP) for European Union in 2015 was or will be 1.98% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for European Union was or will be 46.43 %, which is 0.71% less than the 2015 figure.

* Source: IMF
General government total expenditure (% of GDP) for European Union, in other Years
Year %
  2021 44.19
  2020 44.391
  2019 44.686
  2018 45.169
  2017 45.719
  2016 46.429
2015 46.761
  2014 47.704
  2013 47.901
  2012 48.422
  2011 48.036
  2010 49.421
  2009 49.676
  2008 45.733
  2007 44.244
  2006 44.911
  2005 45.428
  2004 45.534
  2003 46.009
  2002 45.409
  2001 44.982
  2000 44.025
  1999 45.803
  1998 46.303
  1997 47.47
  1996 50.211
  1995 54.925
  1994 53.858
  1993 55.036
  1992 58.698
  1991 48.372
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a