Key data points
Last release
—
Observation period
Q4 2025
Next release
—
Forecast
—
Highest
1.95 T BOBon Dec 31, 2023
Lowest
12.37 B BOBon Mar 31, 2025
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.