Expense in Austria
Austria: Expense was 219.95 billion current LCU in 2023. ◆ Volatile
Expense in Austria, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Austria is 219.95 billion current LCU, measured in 2023. That is the highest value across all 52 years on record.
That represents a change of up 3.3% on the previous year and up 44.9% over ten years.
Over the whole period, expense in Austria peaked at 219.95 billion current LCU in 2023 and was at its lowest, 9.60 billion current LCU, in 1972.
That places Austria 83rd out of 157 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.70 billion current LCU | 9.60 billion current LCU | 23.94 billion current LCU | 8 |
| 1980s | 36.31 billion current LCU | 25.83 billion current LCU | 45.76 billion current LCU | 10 |
| 1990s | 73.96 billion current LCU | 48.96 billion current LCU | 95.81 billion current LCU | 10 |
| 2000s | 116.11 billion current LCU | 98.61 billion current LCU | 137.69 billion current LCU | 10 |
| 2010s | 156.24 billion current LCU | 137.43 billion current LCU | 173.74 billion current LCU | 10 |
| 2020s | 207.64 billion current LCU | 194.57 billion current LCU | 219.95 billion current LCU | 4 |
Countries ranked near Austria
More public sector data for Austria
- Arms imports 13.00 million SIPRI trend indicator values (2024)
- Tax revenue 25.8% (2024)
- Taxes on income, profits and capital gains 28.2% (2024)
- Taxes on goods and services 25.0% (2024)
- Net investment in nonfinancial assets 2.3% (2024)
- Net lending (+) / net borrowing (-) -3.6% (2024)
- Interest payments 3.1% (2024)
- Grants and other revenue 9.2% (2024)
- Interest payments 2.5% (2023)
- Other taxes 3.4% (2024)
Frequently asked questions
- What is expense in Austria?
- Expense in Austria was 219.95 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Austria?
- The highest recorded value was 219.95 billion current LCU in 2023.
- What is the lowest expense recorded in Austria?
- The lowest recorded value was 9.60 billion current LCU in 1972.
- How does Austria rank for expense?
- Austria ranks 83rd out of 157 countries with data for 2023.
- Is expense rising or falling in Austria?
- Over the last ten years it is up 44.9%. The long-run trend across the full record is volatile.
- Where does this Austria data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.