Austria - Expense (% of GDP)

Expense (% of GDP) in Austria was 43.50 as of 2019. Its highest value over the past 47 years was 48.74 in 1996, while its lowest value was 25.92 in 1972.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 25.92
1973 27.61
1974 27.90
1975 31.11
1976 31.62
1977 31.41
1978 33.85
1979 33.32
1980 33.47
1981 34.57
1982 35.00
1983 35.42
1984 35.71
1985 35.57
1986 36.27
1987 36.86
1988 37.17
1989 35.75
1990 35.59
1991 36.04
1992 36.70
1993 38.76
1994 38.67
1995 48.72
1996 48.74
1997 47.52
1998 47.25
1999 47.11
2000 46.26
2001 46.62
2002 45.97
2003 46.04
2004 48.61
2005 45.91
2006 45.19
2007 43.98
2008 44.57
2009 47.85
2010 46.43
2011 45.51
2012 46.15
2013 46.62
2014 47.50
2015 46.27
2016 45.00
2017 44.33
2018 43.69
2019 43.50

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance