Government spending in Austria was last recorded at 55.9 percent of GDP in 2021 . source: EUROSTAT
Government Spending to GDP in Austria averaged 51.92 percent of GDP from 1976 until 2021, reaching an all time high of 57 percent of GDP in 2020 and a record low of 47.30 percent of GDP 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 December of 2022.
Government Spending to GDP in Austria is expected to reach 49.00 percent of GDP by the end of 2022, 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 49.00 percent of GDP in 2023, according to our econometric models.