Expenditure of EU countries in 2014

Eurostat has informed that the total expenditure of EU countries in the last year was 6701 billions Eur. This is almost one half of the gross domestic product (48,1%) . In comparision to the past year it has gone down for 0,5%. From these data it is evident that in 2013 among others 40,2% of expenditure refers on the field »social security«, 14,8% on »medical services« and 10,3% on »education«. The tendency for 2014 is the conclusion that the expenditure in many EU countries went downwards, especially in Greece ( – 10.7%) and in Slovenia ( -9,9%), Austria shows with 52,30% a growth of 1,4%.

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