Expenditure
In 2019, 13.1% of household spending in the EU went towards transport. The COVID-19 pandemic significantly changed people's travel habits, affecting daily commutes and occasional trips for holidays or business. As a result, the share of household spending on transport in the EU dropped to 11.6% in 2020. Every EU country saw a decrease in transport spending that year compared to 2019. The biggest drops were in Slovenia, Luxembourg, and Cyprus, while Malta saw the smallest decrease. Despite the overall decline, Slovenia had the highest percentage of household spending on transport at 14.2%, while Slovakia had the lowest at 5.3%. At the same time the government spending on transport in the EU was 2.0% of GDP. The COVID-19 pandemic led to increased government spending on transport, including grants, loans, and subsidies to support transport systems and facilities. As a result, this spending rose to 2.3% of GDP in 2020. Except for Hungary, which saw a decrease, and Ireland and Sweden, which saw no change, all other EU countries reported higher government transport spending relative to GDP n 2020 compared to 2019. The biggest increases were in Latvia, Malta, Portugal, and Croatia. In 2020, Hungary had the highest government spending on transport relative to GDP DEFINITION The total value of goods produced and services provided in a country during one year. Click for vocabulary at 4.6%, while Cyprus had the lowest at 0.7%.
In 2019, the portion of household spending on buying vehicles and using transport services in the EU was higher than in 2010, while spending on operating personal vehicles stayed the same. In 2020, spending in all three categories decreased, with the biggest drop seen in transport services. On the contrary the government spending on transport relative to GDP decreased from 2.3% in 2010 to 2.1% in 2012. It stayed at 2.1% or 2.0% each year until the COVID-19 crisis in 2020, which caused it to rise back to 2.3%.
In the EU, government expenditure on transport relative to GDP fell from 2.3 % in 2010 to 2.1 % in 2012. It remained at 2.1 % or 2.0 % each year until the COVID-19 crisis in 2020 provoked a return to 2.3 %