Net incurrence of liabilities, total in Austria
Austria: Net incurrence of liabilities, total was 9.91 billion current LCU in 1994. ◆ Volatile
Net incurrence of liabilities, total in Austria, 1972–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Austria is 9.91 billion current LCU, measured in 1994. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 27.0% on the previous year and up 128.5% over ten years.
Over the whole period, net incurrence of liabilities, total in Austria peaked at 9.91 billion current LCU in 1994 and was at its lowest, 282.70 million current LCU, in 1972.
Austria ranks 84th of 136 countries on this measure, 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 | 1.81 billion current LCU | 282.70 million current LCU | 2.75 billion current LCU | 8 |
| 1980s | 4.62 billion current LCU | 2.23 billion current LCU | 7.38 billion current LCU | 10 |
| 1990s | 6.88 billion current LCU | 4.95 billion current LCU | 9.91 billion current LCU | 5 |
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 net incurrence of liabilities, total in Austria?
- Net incurrence of liabilities, total in Austria was 9.91 billion current LCU in 1994, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Austria?
- The highest recorded value was 9.91 billion current LCU in 1994.
- What is the lowest net incurrence of liabilities, total recorded in Austria?
- The lowest recorded value was 282.70 million current LCU in 1972.
- How does Austria rank for net incurrence of liabilities, total?
- Austria ranks 84th out of 136 countries with data for 1994.
- Is net incurrence of liabilities, total rising or falling in Austria?
- Over the last ten years it is up 128.5%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.