Name: Austria Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Austria,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in Austria decreased to 19593.83 EUR Million in the first quarter of 2022 from 20150.86 EUR Million in the fourth quarter of 2021. source: Statistics Austria

Government Spending in Austria averaged 14217.85 EUR Million from 1988 until 2022, reaching an all time high of 20150.86 EUR Million in the fourth quarter of 2021 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 2022.

Government Spending in Austria is expected to be 19526.00 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 21171.00 EUR Million in 2023 and 21594.00 EUR Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Debt to GDP	82.80	83.30	percent of GDP	Dec 2021
Government Budget	-5.90	-8.00	percent of GDP	Dec 2021
Government Spending	19593.83	20150.86	EUR Million	Mar 2022

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.