RECENTLY RELEASED

03.12.2020

Turnover of service and trade enterprises decreased in the first three quarters of 2020

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In the first three quarters of 2020, turnover of Austrian service enterprises decreased by 14.3% in nominal terms compared to the same period of the previous year. Turnover in trade decreased by 6.0% in nominal terms. Taking inflation into account, sales in trade sunk by 5.3% compared to the period January to September 2019.

03.12.2020

Expenditure on social protection amounted to €117 bn or 29.3% of GDP in 2019

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In 2019, social expenditure in Austria totalled €117 bn. This represents 29.3% of the gross domestic product (GDP). Compared to the previous year, growth of social expenditure (+3.7%) was higher than of GDP (+3.2%). As a result, the social expenditure-to-GDP ratio slightly increased (2018: 29.2%) after reaching its peak in 2015 and 2016 (29.9%).

02.12.2020

Total wage tax revenue for 2019 rose by 4.6%, gross earnings increased by 4.4%

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A total of 7 155 815 taxpayers were registered in 2019, 4 681 056 of whom were employees and 2 474 759 were pensioners. The number of taxpayers increased by 1.3% compared to 2018. Gross earnings grew by 4.4% to a volume of €212.3 billion and total wage tax revenue increased by 4.6% to €29.4 billion.




 

CONSUMER PRICE INDEX

October 2020CPI 2015

Inflation1.3%

Index108.6

Personal Inflation Calculator

Maastricht EDP Indicators

Government surplus 190.7%

Government debt 1970.5%

HICP 191.5%

Long term interest rate 190.06%