Austria recorded a Government Budget surplus equal to 0.10 percent of the country's Gross Domestic Product in 2018. Government Budget in Austria averaged -2.50 percent of GDP from 1995 until 2018, reaching an all time high of 0.10 percent of GDP in 2018 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 0.30 percent of GDP in 2020, according to our econometric models.

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Austria Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
0.10 -0.80 0.10 -6.10 1995 - 2018 percent of GDP Yearly
NSA


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.

Austria Government Last Previous Highest Lowest Unit
Government Debt to GDP 73.80 78.20 84.70 56.10 percent [+]
Government Budget 0.10 -0.80 0.10 -6.10 percent of GDP [+]
Government Budget Value 2048.00 -303.00 5384.00 -7614.00 EUR Million [+]
Government Spending 17493.54 17327.95 17493.54 7710.00 EUR Million [+]
Government Spending to GDP 48.50 49.20 56.40 47.30 percent [+]
Government Revenues 8774.00 5963.00 67515.00 1966.00 EUR Million [+]
Fiscal Expenditure 6726.00 6266.00 72598.00 3970.00 EUR Million [+]
Military Expenditure 3140.00 3138.00 3488.00 1178.00 USD Million [+]
Credit Rating 96.00 [+]
Asylum Applications 850.00 1000.00 12015.00 740.00 persons [+]
Government Debt 285287.00 289843.00 296203.00 27002.00 EUR Million [+]