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.