Government debt

For the budgetary notification to the European Commission at the end of September 2020 (notification of government deficit/surplus and government debt in connection with the Maastricht convergence criteria), Statistics Austria calculated the data for the year 2019 in accordance with the regulations of the European System of Accounts (ESA 2010). In 2019, government debt decreased by 3.5 percentage points to 70.5% of GDP in relative terms and decreased by €5.0bn to €280.3 bn (2018: €285.3 bn) in absolute terms, of which €1.7 bn were currencies and deposits, €235.1 bn were recorded as debt securities and €43.5 bn as loans.

Quarterly government debt

According to the latest calculations by Statistics Austria, government debt amounted to €315.7 bn or 82.6% of GDP at the end of the second quarter 2020. Government debt thereby was €35.4 bn higher than at the end of the fourth quarter 2019 and increased in the debt ratio by 12.1 percentage points of GDP. Almost all of this high increase took place at the core unit "Bund" where new liabilities were recorded to finance Covid measures.

Government Debt, annual figures
Government Debt by Subsectors and Länder, annual figures         
Quarterly Government Debt with support for financial institutions
Quarterly Government Debt, 1st Quarter 2000 - 2nd Quarter 2020


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