Goods and services expense in Austria
Austria: Goods and services expense was 6.6% in 2023. ◆ Volatile
Goods and services expense in Austria, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Austria recorded 6.6% for goods and services expense in 2023.
The figure is down 0.6% on the previous year and up 5.5% over ten years.
Over the whole period, goods and services expense in Austria peaked at 17.4% in 1975 and was at its lowest, 4.2%, in 1995.
That places Austria 133rd out of 154 countries with data for 2023, putting it in the bottom quarter.
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 | 16.9% | 16.3% | 17.4% | 8 |
| 1980s | 16.3% | 15.8% | 16.6% | 10 |
| 1990s | 10.0% | 4.2% | 16.0% | 10 |
| 2000s | 5.5% | 4.4% | 6.6% | 10 |
| 2010s | 6.3% | 6.1% | 6.7% | 10 |
| 2020s | 6.4% | 5.8% | 6.7% | 4 |
Countries ranked near Austria
- 130 Switzerland 7.0% compare
- 131 France 6.9% compare
- 132 Russia 6.6% compare
- 134 Netherlands 6.6% compare
- 135 Madagascar 6.6% compare
- 136 India 6.5% compare
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 goods and services expense in Austria?
- Goods and services expense in Austria was 6.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Austria?
- The highest recorded value was 17.4% in 1975.
- What is the lowest goods and services expense recorded in Austria?
- The lowest recorded value was 4.2% in 1995.
- How does Austria rank for goods and services expense?
- Austria ranks 133rd out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Austria?
- Over the last ten years it is up 5.5%. 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.