Government spending in Austria was last recorded at 48.2 percent of GDP in 2019 . source: EUROSTAT
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 May of 2021.
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.