Press release: 12.212
Public Finances 2019: government surplus at 0.7% of GDP, government debt at 70.4%
Government revenue from taxes increased sharply
Total government revenue increased by 3.6% (€6.7 bn)
in 2019 and stood at €195.1 bn. Social contributions and taxes, which
accounted for 87.5% of government revenue, amounted to €170.8 bn
Government expenditure increased slightly
Total government expenditure increased by 2.4% (€4.5 bn)
in 2019 and stood at €192.2 bn. 45.2% of government expenditure was
related to social expenditure in 2019
Surplus in all subsectors of government
All four subsectors of government showed a surplus in 2019: The surplus of central government amounted to €2.0 bn (2018: deficit of €474 million). State government showed a surplus of €606 million (2018: surplus of €631 million). Local government showed a surplus of €125 million (2018: surplus of €46 million). A surplus of €224 million can be noticed in the social security sector in 2019 (2018: surplus of €472 million).
Government debt ratio fell to 70.4% of GDP
In 2019, government debt decreased by 3.6 percentage points to 70.4% of GDP in relative terms and decreased by €4.8bn to €280.4 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 €43.6 bn as loans.
For more detailed results and further information please refer to our website.
Information on methods, definitions: Basis for the 2019 results are the provisional annual public accounts for federal government, quarterly data for state and local government units as well as provisional data for the social security funds. A first estimate of the numerous extra-budgetary units was made based on individually available information. Statistics Austria compiles data for general government twice a year. These data are published end of March and end of September, in line with the obligations to notify these data as well as statistics on government deficit and government debt to the European Commission (EU regulations No. 549/2013 and No. 222/2014). Data according to the mentioned European regulations refer to general government and to the four subsectors. Government revenue and government expenditure are classified according to the European System of Accounts (ESA 2010). Government deficit/government surplus is equal to the difference between government revenue and government expenditure.
For further inquiries please contact Directorate
Macroeconomic Statistics, Statistics Austria:
Agnes SINGER-PESAU, Tel.:
Lukas DOERFLER, Tel.:
Media owner, producer and publisher:
STATISTICS AUSTRIA, Federal Institution under Public Law
1110 Wien, Guglgasse 13, Tel.:
email@example.com © STATISTICS AUSTRIA
© STATISTICS AUSTRIA, Last Changed 31.03.2020