Government Spending in Austria decreased to 18977.44 EUR Million in the first quarter of 2021 from 19062.12 EUR Million in the fourth quarter of 2020. source: Statistics Austria

Government Spending in Austria averaged 14060.46 EUR Million from 1988 until 2021, reaching an all time high of 19062.12 EUR Million in the fourth quarter of 2020 and a record low of 7710 EUR Million in the third quarter of 1988. This page provides - Austria Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Government Spending - values, historical data and charts - was last updated on July of 2021.

Government Spending in Austria is expected to be 19323.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Austria to stand at 20149.00 in 12 months time. In the long-term, the Austria Government Spending is projected to trend around 20656.00 EUR Million in 2022 and 20945.00 EUR Million in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Austria Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
18977.44 19062.12 19062.12 7710.00 1988 - 2021 EUR Million Quarterly
Constant Prices, NSA

Austria Government Last Previous Highest Lowest Unit
Government Debt to GDP 83.90 70.50 84.90 56.10 percent of GDP [+]
Government Budget -8.90 0.60 0.60 -8.90 percent of GDP [+]
Government Budget Value 614.00 -4323.00 5384.00 -7614.00 EUR Million [+]
Government Spending 18977.44 19062.12 19062.12 7710.00 EUR Million [+]
Government Spending to GDP 57.90 48.60 57.90 47.30 percent of GDP [+]
Government Revenues 9413.00 5149.00 67515.00 1966.00 EUR Million [+]
Fiscal Expenditure 8799.00 9473.00 72598.00 3970.00 EUR Million [+]
Military Expenditure 3494.00 3238.00 3605.00 1217.00 USD Million [+]
Credit Rating 96.00 [+]
Asylum Applications 1465.00 1715.00 12015.00 305.00 persons [+]
Government Debt 280426.00 285267.00 296256.00 27002.00 EUR Million [+]

Austria Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.