Government spending in Austria was last recorded at 48.2 percent of GDP in 2019 .

Government Spending to GDP in Austria averaged 51.70 percent from 1976 until 2019, reaching an all time high of 56.40 percent in 1993 and a record low of 47.30 percent in 1977. This page provides the latest reported value for - Austria Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Government Spending to GDP - values, historical data and charts - was last updated on September of 2020.

Government Spending to GDP in Austria is expected to reach 56.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Government Spending to GDP is projected to trend around 51.10 percent in 2021 and 49.00 percent in 2022, according to our econometric models.

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Austria Government Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
48.20 48.70 56.40 47.30 1976 - 2019 percent Yearly

Austria Government Last Previous Highest Lowest Unit
Government Debt to GDP 70.40 74.00 84.90 56.10 percent [+]
Government Budget 0.70 0.20 0.70 -6.10 percent of GDP [+]
Government Budget Value -3257.00 -4296.00 5384.00 -7614.00 EUR Million [+]
Government Spending 17794.65 17095.33 18809.70 7710.00 EUR Million [+]
Government Spending to GDP 48.20 48.70 56.40 47.30 percent [+]
Government Revenues 6985.00 5284.00 67515.00 1966.00 EUR Million [+]
Fiscal Expenditure 10241.00 9582.00 72598.00 3970.00 EUR Million [+]
Military Expenditure 3140.00 3138.00 3488.00 1178.00 USD Million [+]
Credit Rating 96.00 [+]
Asylum Applications 575.00 305.00 12015.00 305.00 persons [+]
Government Debt 280426.00 285267.00 296256.00 27002.00 EUR Million [+]