Key data points
Last release
—
Observation period
Q1 2026
Next release
—
Forecast
—
Highest
4.17 B BGNon Dec 31, 2024
Lowest
1.07 B BGNon Mar 31, 1999
Details
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.