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,2022,2023,2024

Government Spending in Austria decreased to 19644.40 EUR Million in the first quarter of 2023 from 21413.88 EUR Million in the fourth quarter of 2022. source: Statistics Austria

Government Spending in Austria averaged 14364.56 EUR Million from 1988 until 2023, reaching an all time high of 21413.88 EUR Million in the fourth quarter of 2022 and a record low of 7710.00 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 June of 2023.

Government Spending in Austria is expected to be 18988.00 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 21779.00 EUR Million in 2024 and 22019.00 EUR Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Debt to GDP	78.40	82.30	percent of GDP	Dec 2022
Government Budget	-3.20	-5.80	percent of GDP	Dec 2022
Government Spending	19644.40	21413.88	EUR Million	Mar 2023

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.