Press release: 12.407-247/20
Vienna, 2020-12-30
– According to calculations by Statistics Austria, government
debt amounted to €300.2 bn or 79.1% of GDP at the end of the
third quarter 2020. Government debt thereby was €15.6 bn lower than
at the end of the second quarter 2020 and decreased in the debt
ratio by 3.4 percentage points of GDP. Compared to the end of
the third quarter 2019 (€281.4 bn or 71.1 percent of GDP), quarterly
government debt increased in absolute terms by €18.7 bn and in relative
terms by 8.0 percentage points of GDP. By financial instruments, €253.8 bn
of government debt were debt securities, €44.6 bn loans and €1.7 bn
deposits.
The government deficit
amounted to €5.7 bn in the third quarter of 2020, this accounts for
6.0% of quarterly GDP. Compared to the third quarter of 2019 (government
surplus of €2.1 bn or 2.1% of GDP), this means a decrease by €7.8 bn
and in relative terms by 8.1 percentage points of GDP.
For more detailed information please refer to the German
version.
© STATISTICS AUSTRIA,
Last Changed 30.12.2020