Austria | Expense (% of GDP)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Austria
Records
63
Source
Austria | Expense (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
25.91540236 1972
27.61209086 1973
27.90387549 1974
31.10847724 1975
31.61915691 1976
31.41366145 1977
33.8517494 1978
33.32242332 1979
33.47394154 1980
34.56544371 1981
34.99663509 1982
35.41600129 1983
35.70513024 1984
35.57299535 1985
36.27470207 1986
36.85558376 1987
37.16994187 1988
35.75346368 1989
35.59127017 1990
36.04260989 1991
36.69714892 1992
38.75647183 1993
38.67491633 1994
48.71840155 1995
48.73865514 1996
47.52280264 1997
47.25099659 1998
47.10873523 1999
46.26378844 2000
46.61558223 2001
45.97290619 2002
46.03612849 2003
48.60700877 2004
45.91237872 2005
45.18809616 2006
43.97791491 2007
44.57424382 2008
47.84835318 2009
46.42680971 2010
45.50768704 2011
46.14504855 2012
46.62162229 2013
47.50118769 2014
46.268451 2015
44.99678489 2016
44.32988711 2017
43.72471037 2018
43.55551905 2019
50.57465117 2020
50.0833898 2021
2022
Austria | Expense (% of GDP)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Austria
Records
63
Source