Austria: Government spending, percent of GDP
* indicates monthly or quarterly data series
Austria |
Government spending as percent of GDP |
---|---|
Latest value | 20.29 |
Year | 2023 |
Measure | percent |
Data availability | 1970 - 2023 |
Average | 18.66 |
Min - Max | 14.24 - 21.78 |
Source | The World Bank |
The latest value from 2023 is 20.29 percent, a decline from 20.59 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Austria from 1970 to 2023 is 18.66 percent. The minimum value, 14.24 percent, was reached in 1972 while the maximum of 21.78 percent was recorded in 2021.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
The government size of Austria and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 20.29 | 2023 | percent |
Government spending, in dollars | 104.72 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -2.70 | 2023 | percent |
Government debt | 77.80 | 2023 | percent |
Government expenditure | 25.83 | Q3/2024 | billion |
Long-term interest rate | 2.76 | 8/2024 | percent |
Tax revenue | 26.24 | 2022 | percent |
Commercial tax rate | 51.40 | 2019 | percent |
Tax preparation time | 131 | 2019 | hours |
Number of taxes | 12 | 2019 | taxes |
Taxes on goods and services | 36.11 | 2022 | percent |
Taxes on international trade | 0.00 | 2012 | percent |
Income and profits taxes | 40.41 | 2022 | percent |