Austria recorded a Government Budget deficit equal to 8.90 percent of the country's Gross Domestic Product in 2020. source: Statistics Austria
Government Budget in Austria averaged -2.62 percent of GDP from 1995 until 2020, reaching an all time high of 0.60 percent of GDP in 2019 and a record low of -8.90 percent of GDP in 2020. This page provides - Austria Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Government Budget - values, historical data and charts - was last updated on July of 2021.
Government Budget in Austria is expected to reach -5.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Government Budget is projected to trend around -3.60 percent of GDP in 2022 and -2.30 percent of GDP in 2023, according to our econometric models.