Home/Countries/Austria/Government Expense (% of GDP)

AustriaGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #10 of 138Series years: 20002023
Latest Value
46.0%
2023
YoY Change
-2.8%
20222023
Global Rank
#10
of 138 countries
Maximum
51.2%
2020
Minimum
43.9%
2019
CAGR
-0.0%
24 years
Last
46.0%
Previous
47.4%
Highest
51.2%
Lowest
43.9%
Unit
% of GDP
Source
World Bank World Development Indicators

Austria's government expense (% of GDP) was 46.0% in 2023, ranking #10 out of 138 countries. This represents a -2.8% change from 2022. Over the past 24 years, the highest recorded value was 51.2% (2020) and the lowest was 43.9% (2019). Data sourced from the World Bank World Development Indicators.

Austria — Government Expense (% of GDP): 46.0304036608475 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202346.0%-2.8%
202247.4%-5.3%
202150.0%-2.2%
202051.2%+16.5%
201943.9%-0.5%
201844.1%-1.6%
201744.9%-1.5%
201645.6%-1.7%
201546.3%-2.2%
201447.4%+0.3%
201347.3%+1.4%
201246.6%+1.7%
201145.8%-2.0%
201046.7%-2.8%
200948.1%+7.2%
200844.9%+1.3%
200744.3%-2.7%
200645.5%-1.6%
200546.3%-5.5%
200449.0%+6.1%
200346.2%-0.3%
200246.3%-1.1%
200146.8%+0.8%
200046.4%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →