Austria | Subsidies and other transfers (% of expense)
Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind. 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 | Subsidies and other transfers (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
2.70904275 1972
2.85141317 1973
4.53852021 1974
5.73626981 1975
5.52363756 1976
6.03841267 1977
5.66501656 1978
5.62302648 1979
6.04159046 1980
6.05053191 1981
5.72489483 1982
5.73875896 1983
5.52810377 1984
5.74712644 1985
6.4415556 1986
6.27398113 1987
5.46776697 1988
5.36338225 1989
61.87577935 1990
62.30310654 1991
62.39004424 1992
62.89223169 1993
62.90455324 1994
69.68405513 1995
70.18975481 1996
71.60708786 1997
71.20292128 1998
72.03984154 1999
71.9498454 2000
71.61015593 2001
72.9482696 2002
73.26073983 2003
67.51310546 2004
70.02196878 2005
70.16128186 2006
70.51815957 2007
70.7810663 2008
68.95309913 2009
70.71775676 2010
70.96708069 2011
71.12681631 2012
71.77870873 2013
70.3715565 2014
73.3330073 2015
73.422331 2016
73.46842541 2017
74.00399193 2018
74.36179728 2019
76.1027666 2020
75.99245836 2021
2022
Austria | Subsidies and other transfers (% of expense)
Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind. 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