Annual government expenditure by function (COFOG) — Gross capital in Euro area (20 countries)
Euro area (20 countries): Annual government expenditure by function (COFOG) — Gross capital was 533,468 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in Euro area (20 countries), 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual government expenditure by function (cofog) — gross capital in Euro area (20 countries) stood at 533,468 National currency. That is the highest value across all 15 years on record.
The figure is up 8.9% on the previous year and up 75.7% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Euro area (20 countries) peaked at 533,468 National currency in 2024 and was at its lowest, 303,641 National currency, in 2014.
The long-run direction has been consistently rising across the 15 years of available data.
Annual government expenditure by function (COFOG) — Gross capital in Euro area (20 countries), year by year
| Year | National currency | Change |
|---|---|---|
| 2010 | 355,405 National currency | — |
| 2011 | 333,126 National currency | -6.3% |
| 2012 | 324,034 National currency | -2.7% |
| 2013 | 316,429 National currency | -2.3% |
| 2014 | 303,641 National currency | -4.0% |
| 2015 | 315,124 National currency | +3.8% |
| 2016 | 307,847 National currency | -2.3% |
| 2017 | 314,773 National currency | +2.2% |
| 2018 | 337,283 National currency | +7.2% |
| 2019 | 364,123 National currency | +8.0% |
| 2020 | 386,498 National currency | +6.1% |
| 2021 | 404,788 National currency | +4.7% |
| 2022 | 451,411 National currency | +11.5% |
| 2023 | 489,916 National currency | +8.5% |
| 2024 | 533,468 National currency | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 327,178 National currency | 303,641 National currency | 364,123 National currency | 10 |
| 2020s | 453,216 National currency | 386,498 National currency | 533,468 National currency | 5 |
Countries ranked near Euro area (20 countries)
- 1 Colombia 48.40 million National currency compare
- 2 Japan 25.48 million National currency compare
- 3 Poland 180,658 National currency compare
- 3 Chile 6.74 million National currency compare
- 3 Croatia 4,461 National currency compare
- 4 Netherlands 36,167 National currency compare
- 4 Hungary 3.43 million National currency compare
- 5 Slovenia 3,509 National currency compare
- 5 United States of America 1.01 million National currency compare
More public sector data for Euro area (20 countries)
- Annual government non-financial accounts and key indicators -463,113 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 123,895 National currency (2025)
- Annual government non-financial accounts and key indicators 575,958 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 7.43 million National currency (2025)
- Annual government non-financial accounts and key indicators 1.61 million National currency (2025)
- Annual government expenditure by function (COFOG) — Gross fixed 526,721 National currency (2024)
- Annual government expenditure by function (COFOG) — Compensation of 1.51 million National currency (2024)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Euro area (20 countries)?
- Annual government expenditure by function (cofog) — gross capital in Euro area (20 countries) was 533,468 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Euro area (20 countries)?
- The highest recorded value was 533,468 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Euro area (20 countries)?
- The lowest recorded value was 303,641 National currency in 2014.
- How does Euro area (20 countries) rank for annual government expenditure by function (cofog) — gross capital?
- Euro area (20 countries) ranks 2nd out of 8 regions with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Euro area (20 countries)?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is rising.
- Where does this Euro area (20 countries) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org