Austria Government Budget


Austria recorded a Government Budget deficit equal to 1.60 percent of the country’s Gross Domestic Product in 2016. Government Budget in Austria averaged -2.67 percent of GDP from 1995 until 2016, reaching an all time high of -0.70 percent of GDP in 2001 and a record low of -6.20 percent of GDP in 1995.


Austria Government Budget

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Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides – Austria Government Budget – actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Government Budget – actual data, historical chart and calendar of releases – was last updated on April of 2017.