European Union Public Consumption: % of GDP
Key information about EU Public Consumption: % of GDP
- European Union Public Consumption accounted for 22.0 % of its Nominal GDP in Dec 2023, compared with a share of 20.5 % in the previous quarter.
- EU Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2023, with an average number of 20.5 %.
- The data reached an all-time high of 23.9 % in Jun 2020 and a record low of 19.1 % in Sep 2007.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Eurostat provides Government Consumption Expenditure in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.
Related information about EU Public Consumption: % of GDP
- In the latest reports, EU GDP expanded 1.0 % YoY in Mar 2023.
- EU Nominal GDP reached 4,430.4 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 6.5 % in Mar 2023.
- EU GDP Per Capita reached 38,468.8 USD in Dec 2021.
- Its Gross Savings Rate was measured at 26.6 % in Dec 2023.
- For Nominal GDP contributions, Investment accounted for 23.3 % in Dec 2023.
- Private Consumption accounted for 51.4 % in Dec 2023.
View European Union's Public Consumption: % of GDP from Mar 1995 to Dec 2023 in the chart:
What was European Union's Public Consumption: % of GDP in Dec 2023?
European Union Public Consumption accounted for 22.0 % of its Nominal GDP in Dec 2023, compared with a share of 20.5 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
22.0 Dec 2023 | 20.5 Sep 2023 | 19.1 Sep 2007 | 23.9 Jun 2020 | % | quarterly | Mar 1995 - Dec 2023 |
Public Consumption: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 2.3 2022 | yearly | 1950 - 2022 |
Argentina (%) | 15.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Armenia (%) | 16.1 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
Austria (%) | 20.7 Jun 2023 | quarterly | Mar 1988 - Jun 2023 |
Azerbaijan (%) | 16.4 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Bahrain (%) | 15.8 2021 | yearly | 1975 - 2021 |
Bangladesh (%) | 5.7 2023 | yearly | 1973 - 2023 |
Belarus (%) | 18.9 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Belgium (%) | 24.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Bolivia (%) | 20.7 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
Bosnia and Herzegovina (%) | 20.0 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
Botswana (%) | 31.8 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Brazil (%) | 21.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 7.4 2022 | yearly | 1993 - 2022 |
Canada (%) | 21.2 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Chile (%) | 15.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
China (%) | 15.9 2021 | yearly | 1952 - 2021 |
Colombia (%) | 18.2 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Croatia (%) | 24.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Cyprus (%) | 22.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 22.8 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Ecuador (%) | 13.3 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Egypt (%) | 6.0 Dec 2023 | quarterly | Sep 2001 - Dec 2023 |
Estonia (%) | 23.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
European Union (%) | 22.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
France (%) | 23.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Georgia (%) | 12.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Germany (%) | 22.6 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
Greece (%) | 21.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (%) | 19.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Iceland (%) | 27.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
India (%) | 8.5 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (%) | 10.7 Sep 2023 | quarterly | Jun 1988 - Sep 2023 |
Ireland (%) | 11.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Israel (%) | 26.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Italy (%) | 19.6 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Ivory Coast (%) | 9.6 2023 | yearly | 1960 - 2023 |
Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Jordan (%) | 18.4 2022 | yearly | 1963 - 2022 |
Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 12.3 2022 | yearly | 1960 - 2022 |
South Korea (%) | 17.6 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Kuwait (%) | 24.8 2019 | yearly | 1962 - 2019 |
Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
Latvia (%) | 19.5 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
Lebanon (%) | 15.7 2020 | yearly | 1990 - 2020 |
Lithuania (%) | 20.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Luxembourg (%) | 22.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Macau SAR, China (%) | 14.6 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
North Macedonia (%) | 17.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 14.5 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Malta (%) | 18.8 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Mauritius (%) | 12.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Mexico (%) | 10.9 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
Moldova (%) | 18.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (%) | 18.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Mozambique (%) | 16.7 2022 | yearly | 1963 - 2022 |
Nepal (%) | 5.4 2023 | yearly | 1975 - 2023 |
Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
New Zealand (%) | 20.7 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
Nigeria (%) | 4.4 2022 | yearly | 1981 - 2022 |
Norway (%) | 21.4 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
Oman (%) | 17.9 2022 | yearly | 1980 - 2022 |
Pakistan (%) | 9.7 2023 | yearly | 1960 - 2023 |
Palestinian Territory (%) | 20.1 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 13.6 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Peru (%) | 14.9 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (%) | 20.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 16.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (%) | 27.6 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
Serbia (%) | 16.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Slovenia (%) | 19.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
South Africa (%) | 19.8 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Sudan (%) | 17.9 2022 | yearly | 1960 - 2022 |
Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Switzerland (%) | 11.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Syria (%) | 10.9 2021 | yearly | 1963 - 2021 |
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Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
Household Debt: % of GDP (%) | 46.3 Dec 2023 | quarterly | Sep 1997 - Dec 2023 |
Money Supply M1 (USD mn) | 11,075,609.036 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Money Supply M2 (USD mn) | 16,324,970.942 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
M2 Growth (%) | -0.7 Feb 2024 | monthly | Jan 1981 - Feb 2024 |
Reserve Requirement Ratio (%) | 1.0 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
Foreign Exchange Reserves (USD mn) | 297,397.8 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
Foreign Exchange Reserves: % of GDP (%) | 1.903 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 1.3 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
Total Deposits (USD mn) | 16,270,881.578 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Total Deposits Growth (%) | 0.7 Feb 2024 | monthly | Sep 1998 - Feb 2024 |
Domestic Credit (USD mn) | 25,578,872.0 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Domestic Credit Growth (%) | -0.9 Jan 2024 | monthly | Sep 1998 - Jan 2024 |
Household Debt (USD mn) | 7,156,841.8 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Total Loans (USD mn) | 19,639,917.124 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Total Loans Growth (%) | 0.63 Feb 2024 | monthly | Sep 1998 - Feb 2024 |
Private Debt: % of Nominal GDP (%) | 81.87 Dec 2023 | quarterly | Sep 1997 - Dec 2023 |
Money Supply M3: Outstanding (EUR bn) | 16,056.632 Feb 2024 | monthly | Jan 1970 - Feb 2024 |
Money Supply M2: Outstanding (EUR bn) | 15,042.820 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
Money Supply M3: swda: Outstanding (EUR bn) | 16,118.106 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
Money Supply M2: swda: Outstanding (EUR bn) | 15,105.923 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
Money Supply M1: swda: Outstanding (EUR bn) | 10,248.551 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
Money Supply M1: Outstanding (EUR bn) | 10,185.683 Feb 2024 | monthly | Jan 1970 - Feb 2024 |
Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 275.045 Feb 2024 | monthly | Nov 1999 - Feb 2024 |
Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,156.111 Feb 2024 | monthly | Nov 1999 - Feb 2024 |
MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -6.4 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
BE: Industrial Confidence Indicator (ICI): sa: NACE 2 (% Point) | -12.300 Mar 2024 | monthly | Jan 1985 - Mar 2024 |
Construction Confidence Indicator (CCI): sa: EU 27 excl UK (EU 27E) (% Point) | -15.900 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Economic Sentiment Index: sa: EU 27 excl UK (NA) | 65.800 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Industrial Confidence Indicator (ICI): sa: EA 19 (% Point) | 5.80 Jul 2018 | monthly | Jan 1985 - Jul 2018 |
Industrial Confidence Indicator (ICI): sa: EU 27 excl UK (EU 27E) (% Point) | -30.600 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Service Confidence Indicator (SCI): sa: Euro Area 19 (% Point) | 15.30 Jul 2018 | monthly | Jan 1996 - Jul 2018 |
Service Confidence Indicator (SCI): sa: EU 27 excl UK (EU 27E) (% Point) | -35.400 Apr 2020 | monthly | Oct 1996 - Apr 2020 |
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