Government Spending in Austria increased to 18952.82 EUR Million in the third quarter of 2021 from 18793.17 EUR Million in the second quarter of 2021. source: Statistics Austria

Government Spending in Austria averaged 14134.08 EUR Million from 1988 until 2021, reaching an all time high of 19376.50 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 December of 2021.

Government Spending in Austria is expected to be 20345.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Government Spending is projected to trend around 20956.00 EUR Million in 2022 and 21249.00 EUR Million in 2023, according to our econometric models.

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Austria Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 83.90 70.50 percent of GDP Dec/20
Government Budget -8.90 0.60 percent of GDP Dec/20
Government Spending 18952.82 18793.17 EUR Million Sep/21
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.