Austria recorded a Government Budget deficit equal to 0.70 percent of the country's Gross Domestic Product in 2017. Government Budget in Austria averaged -2.61 percent of GDP from 1995 until 2017, reaching an all time high of -0.70 percent of GDP in 2001 and a record low of -6.10 percent of GDP in 1995.

Government Budget in Austria is expected to be -0.40 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Government Budget is projected to trend around 0.50 percent of GDP in 2020, according to our econometric models.

Austria Government Budget
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Austria Government Last Previous Highest Lowest Unit
Government Debt to GDP 78.40 83.60 84.60 56.10 percent [+]
Government Budget -0.70 -1.60 -0.70 -6.10 percent of GDP [+]
Government Budget Value -609.00 332.00 5384.00 -7614.00 EUR Million [+]
Government Spending 16109.97 16008.27 16851.59 7710.00 EUR Million [+]
Government Spending to GDP 49.10 50.60 56.40 47.30 percent [+]
Government Revenues 5435.00 6145.00 67515.00 1966.00 EUR Million [+]
Fiscal Expenditure 6043.00 5813.00 72598.00 3970.00 EUR Million [+]
Military Expenditure 2881.09 2885.95 3368.88 1137.66 USD Million [+]
Credit Rating 95.88 [+]
Asylum Applications 985.00 810.00 12015.00 810.00 persons [+]
Government Debt 290331.00 295200.00 295200.00 27002.00 EUR Million [+]


Austria Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Austria Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -1.60 -0.70 -6.10 1995 - 2017 percent of GDP Yearly
NSA




Country Last Previous
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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