Annual government expenditure by function (COFOG) — Gross capital in European Union (27 countries from 01/02/2020)
European Union (27 countries from 01/02/2020): Annual government expenditure by function (COFOG) — Gross capital was 667,438 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in European Union (27 countries from 01/02/2020), 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government expenditure by function (cofog) — gross capital in European Union (27 countries from 01/02/2020) is 667,438 National currency, measured in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 8.4% on the previous year and up 78.9% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in European Union (27 countries from 01/02/2020) peaked at 667,438 National currency in 2024 and was at its lowest, 369,043 National currency, in 2016.
The long-run direction has been consistently rising across the 15 years of available data.
Annual government expenditure by function (COFOG) — Gross capital in European Union (27 countries from 01/02/2020), year by year
| Year | National currency | Change |
|---|---|---|
| 2010 | 420,117 National currency | — |
| 2011 | 400,337 National currency | -4.7% |
| 2012 | 389,014 National currency | -2.8% |
| 2013 | 379,682 National currency | -2.4% |
| 2014 | 373,039 National currency | -1.7% |
| 2015 | 391,140 National currency | +4.9% |
| 2016 | 369,043 National currency | -5.6% |
| 2017 | 382,486 National currency | +3.6% |
| 2018 | 417,765 National currency | +9.2% |
| 2019 | 450,024 National currency | +7.7% |
| 2020 | 479,140 National currency | +6.5% |
| 2021 | 497,386 National currency | +3.8% |
| 2022 | 555,950 National currency | +11.8% |
| 2023 | 615,858 National currency | +10.8% |
| 2024 | 667,438 National currency | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 397,265 National currency | 369,043 National currency | 450,024 National currency | 10 |
| 2020s | 563,154 National currency | 479,140 National currency | 667,438 National currency | 5 |
Countries ranked near European Union (27 countries from 01/02/2020)
- 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
More public sector data for European Union (27 countries from 01/02/2020)
- Annual government non-financial accounts and key indicators -576,516 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 151,882 National currency (2025)
- Annual government non-financial accounts and key indicators 727,012 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 8.74 million National currency (2025)
- Annual government non-financial accounts and key indicators 1.98 million National currency (2025)
- Annual government expenditure by function (COFOG) — Gross fixed 658,534 National currency (2024)
- Annual government expenditure by function (COFOG) — Compensation of 1.84 million National currency (2024)
- Subnational government expenditure 49.08 Percentage of GDP (2024)
- Subnational government revenue 45.98 Percentage of GDP (2024)
- Bibliometric indicators, by Sustainable Development Goals (SDGs) 45,721 Scientific publications (2024)
All data for European Union (27 countries from 01/02/2020) →
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in European Union (27 countries from 01/02/2020)?
- Annual government expenditure by function (cofog) — gross capital in European Union (27 countries from 01/02/2020) was 667,438 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 European Union (27 countries from 01/02/2020)?
- The highest recorded value was 667,438 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in European Union (27 countries from 01/02/2020)?
- The lowest recorded value was 369,043 National currency in 2016.
- How does European Union (27 countries from 01/02/2020) rank for annual government expenditure by function (cofog) — gross capital?
- European Union (27 countries from 01/02/2020) ranks 1st out of 8 regions with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in European Union (27 countries from 01/02/2020)?
- Over the last ten years it is up 78.9%. The long-run trend across the full record is rising.
- Where does this European Union (27 countries from 01/02/2020) 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.
Download this data
CSV · JSON — 15 observations, free to reuse under OECD Terms and Conditions (attribution required).
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