Austria recorded a government budget deficit of 1424 EUR Million in May of 2020.

Government Budget Value in Austria averaged -605.66 EUR Million from 2003 until 2020, 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 2020.

Government Budget Value in Austria is expected to be 760.56 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 629.92 in 12 months time. In the long-term, the Austria Government Budget Value is projected to trend around 629.59 EUR Million in 2021, according to our econometric models.

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Austria Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1424.00 -5830.00 5384.00 -7614.00 2003 - 2020 EUR Million Monthly
Current Prices, NSA

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 -1424.00 -5830.00 5384.00 -7614.00 EUR Million [+]
Government Spending 17452.32 18809.70 18809.70 7710.00 EUR Million [+]
Government Spending to GDP 48.20 48.70 56.40 47.30 percent [+]
Government Revenues 6334.00 2050.00 67515.00 1966.00 EUR Million [+]
Fiscal Expenditure 7757.00 7880.00 72598.00 3970.00 EUR Million [+]
Credit Rating 96.00 [+]
Military Expenditure 3140.00 3138.00 3488.00 1178.00 USD Million [+]
Asylum Applications 305.00 730.00 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.