Austria recorded a government budget surplus of 614 EUR Million in May of 2021. source: Oesterreichische Nationalbank

Government Budget Value in Austria averaged -693.28 EUR Million from 2003 until 2021, reaching an all time high of 5384 EUR Million in January of 2003 and a record low of -7614 EUR Million in December of 2008. This page provides - Austria Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Government Budget Value - values, historical data and charts - was last updated on July of 2021.

Government Budget Value in Austria is expected to be 629.92 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Austria to stand at 629.59 in 12 months time. In the long-term, the Austria Government Budget Value is projected to trend around 629.59 EUR Million in 2022, according to our econometric models.

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Austria Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
614.00 -4323.00 5384.00 -7614.00 2003 - 2021 EUR Million Monthly
Current Prices, NSA

Austria Government Last Previous Highest Lowest Unit
Government Debt to GDP 83.90 70.50 84.90 56.10 percent of GDP [+]
Government Budget -8.90 0.60 0.60 -8.90 percent of GDP [+]
Government Budget Value 614.00 -4323.00 5384.00 -7614.00 EUR Million [+]
Government Spending 18977.44 19062.12 19062.12 7710.00 EUR Million [+]
Government Spending to GDP 57.90 48.60 57.90 47.30 percent of GDP [+]
Government Revenues 9413.00 5149.00 67515.00 1966.00 EUR Million [+]
Fiscal Expenditure 8799.00 9473.00 72598.00 3970.00 EUR Million [+]
Military Expenditure 3494.00 3238.00 3605.00 1217.00 USD Million [+]
Credit Rating 96.00 [+]
Asylum Applications 1465.00 1715.00 12015.00 305.00 persons [+]
Government Debt 280426.00 285267.00 296256.00 27002.00 EUR Million [+]


Austria Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.