Subsidies and other transfers in Austria
Austria: Subsidies and other transfers was 175.11 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Austria, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Austria recorded 175.11 billion current LCU for subsidies and other transfers in 2024. That is the highest value across all 53 years on record.
The figure is up 7.7% on the previous year and up 56.6% over ten years.
Over the whole period, subsidies and other transfers in Austria peaked at 175.11 billion current LCU in 2024 and was at its lowest, 260.17 million current LCU, in 1972.
Austria ranks 72nd of 153 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 | 856.90 million current LCU | 260.17 million current LCU | 1.35 billion current LCU | 8 |
| 1980s | 2.11 billion current LCU | 1.56 billion current LCU | 2.64 billion current LCU | 10 |
| 1990s | 50.15 billion current LCU | 30.29 billion current LCU | 69.12 billion current LCU | 10 |
| 2000s | 81.95 billion current LCU | 71.04 billion current LCU | 94.77 billion current LCU | 10 |
| 2010s | 113.21 billion current LCU | 96.84 billion current LCU | 129.37 billion current LCU | 10 |
| 2020s | 159.46 billion current LCU | 147.69 billion current LCU | 175.11 billion current LCU | 5 |
Countries ranked near Austria
- 69 Burundi 263.13 billion current LCU compare
- 70 North Macedonia 229.20 billion current LCU compare
- 71 Ethiopia 222.79 billion current LCU compare
- 73 Equatorial Guinea 144.56 billion current LCU compare
- 74 Kyrgyzstan 144.56 billion current LCU compare
- 75 Saudi Arabia 139.62 billion current LCU 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 subsidies and other transfers in Austria?
- Subsidies and other transfers in Austria was 175.11 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Austria?
- The highest recorded value was 175.11 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Austria?
- The lowest recorded value was 260.17 million current LCU in 1972.
- How does Austria rank for subsidies and other transfers?
- Austria ranks 72nd out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Austria?
- Over the last ten years it is up 56.6%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.