Expense in Austria

Austria: Expense was 46.0% in 2023. ▲ Rising

Latest (2023)
46.0%
Change on year
down 2.8%
World rank
10th
of 157 countries
All-time high
51.2%
in 2020
All-time low
26.0%
in 1972
Years of data
52
1972–2023

Expense in Austria, 1972–2023

0204060197219972023

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

In 2023, expense in Austria stood at 46.0%.

Compared with earlier readings it is down 2.8% on the previous year and down 2.6% over ten years.

Over the whole period, expense in Austria peaked at 51.2% in 2020 and was at its lowest, 26.0%, in 1972.

That places Austria 10th out of 157 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 52 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.5% 26.0% 34.0% 8
1980s 35.7% 33.6% 37.3% 10
1990s 42.7% 35.7% 49.0% 10
2000s 46.4% 44.3% 49.0% 10
2010s 45.9% 43.9% 47.4% 10
2020s 48.6% 46.0% 51.2% 4

Countries ranked near Austria

  1. 7 Greece 47.3% compare
  2. 8 Italy 47.3% compare
  3. 9 France 47.3% compare
  4. 11 Finland 44.9% compare
  5. 12 Slovenia 42.9% compare
  6. 13 Hungary 42.4% compare

See the full ranking of 183 places →

More economy & growth data for Austria

All data for Austria →

Frequently asked questions

What is expense in Austria?
Expense in Austria was 46.0% 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 51.2% in 2020.
What is the lowest expense recorded in Austria?
The lowest recorded value was 26.0% in 1972.
How does Austria rank for expense?
Austria ranks 10th out of 157 countries with data for 2023.
Is expense rising or falling in Austria?
Over the last ten years it is down 2.6%. The long-run trend across the full record is rising.
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 (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

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.