Key data points
Last release
—
Observation period
2025
Next release
—
Forecast
—
Highest
314.59 B MADon Dec 31, 2025
Lowest
400.00 M MADon Dec 31, 1952
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.