Austria recorded a government budget deficit of 3085 EUR Million in December of 2019. Austria Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in Austria averaged -589.16 EUR Million from 2003 until 2019, 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.

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
-3085.00 2048.00 5384.00 -7614.00 2003 - 2019 EUR Million Monthly
Current Prices, NSA

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.