Austria Government Budget

Austria recorded a Government Budget deficit equal to 1.50 percent of the country's Gross Domestic Product in 2013. Government Budget in Austria is reported by the Eurostat. Government Budget in Austria averaged -2.35 Percent of GDP from 1995 until 2013, reaching an all time high of 0 Percent of GDP in 2001 and a record low of -5.80 Percent of GDP in 1995. 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. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.50 -2.60 0.00 -5.80 -1.22 | 2014/06 1995 - 2013 Percent of GDP Yearly

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Austria Government Budget
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Budget Value 506.00 2014-02-15 -2581.00 5384.00 -7614.00 163.66 2014-03-31 EUR Million [+]
Government Spending 13073.00 2013-11-15 12344.00 13392.00 7710.00 12885.92 2014-03-31 EUR Million [+]
Government Debt To GDP 74.50 2013-12-31 74.40 74.50 56.10 74.77 2014-06-30 Percent [+]
Credit Rating 96.89 [+]
Government Budget -1.50 2013-12-31 -2.60 0.00 -5.80 -1.22 2014-06-30 Percent of GDP [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Austria Current Account at 2623.00 EUR Million  
Austria recorded a Current Account surplus of 2623 EUR Million in the fourth quarter of 2013. Current Account in Austria is reported by the Oesterreichische Nationalbank.
Austria Prime Lending Rate at 2.32 Percent  
Bank Lending Rate in Austria increased to 2.32 percent in February of 2014 from 2.28 percent in January of 2014. Bank Lending Rate in Austria is reported by the Oesterreichische Nationalbank.
Austria Capital Flows at -268.00 EUR Million  
Capital Flows in Austria increased to -268 EUR Million in the third quarter of 2013 from -2343 EUR Million in the second quarter of 2013. Capital Flows in Austria is reported by the Oesterreichische Nationalbank.
Austria Capacity Utilization at 84.10 Percent  
Capacity Utilization in Austria increased to 84.10 percent in the first quarter of 2014 from 82.60 percent in the fourth quarter of 2013. Capacity Utilization in Austria is reported by the European Commission.
Austria Car Registrations at 41621.00 Cars  
Car Registrations in Austria increased to 41621 Cars in March of 2014 from 33080 Cars in February of 2014. Car Registrations in Austria is reported by the Statistics Austria.
Austria Construction Output at 8.90 Percent  
Construction output in Austria increased 8.90 percent in January of 2014 over the same month in the previous year. Construction Output in Austria is reported by the Eurostat.
Austria Consumer Price Index (CPI) at 109.60 Index Points  
Consumer Price Index (CPI) in Austria increased to 109.60 Index Points in March of 2014 from 108.60 Index Points in February of 2014. Consumer Price Index (CPI) in Austria is reported by the Statistics Austria.
Austria Consumer Spending at 48810.90 EUR Million  
Consumer Spending in Austria increased to 48810.90 EUR Million in the third quarter of 2013 from 48742 EUR Million in the second quarter of 2013. Consumer Spending in Austria is reported by the Statistics Austria.
Austria Employed Persons at 3444.20 Thousand  
The number of employed persons in Austria increased to 3444.20 Thousand in February of 2014 from 3426.90 Thousand in January of 2014. Employed Persons in Austria is reported by the Statistics Austria.
Austria External Debt at 51.00 EUR Billion  
External Debt in Austria decreased to 51 EUR Billion in 2012 from 67.60 EUR Billion in 2011. External Debt in Austria is reported by the Statistics Austria.
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