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
1972 25.91540236
1973 27.61209086
1974 27.90387549
1975 31.10847724
1976 31.61915691
1977 31.41366145
1978 33.8517494
1979 33.32242332
1980 33.47394154
1981 34.56544371
1982 34.99663509
1983 35.41600129
1984 35.70513024
1985 35.57299535
1986 36.27470207
1987 36.85558376
1988 37.16994187
1989 35.75346368
1990 35.59127017
1991 36.04260989
1992 36.69714892
1993 38.75647183
1994 38.67491633
1995 48.71840155
1996 48.73865514
1997 47.52280264
1998 47.25099659
1999 47.10873523
2000 46.26378844
2001 46.61558223
2002 45.97290619
2003 46.03612849
2004 48.60700877
2005 45.91237872
2006 45.18809616
2007 43.97791491
2008 44.57424382
2009 47.84835318
2010 46.42680971
2011 45.50768704
2012 46.14504855
2013 46.62162229
2014 47.50118769
2015 46.268451
2016 44.99678489
2017 44.32988711
2018 43.72471037
2019 43.55551905
2020 50.57465117
2021 50.0833898
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