Gross debt in Austria

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Austria in the period from 1998 to 2019 was between 127.5 bn and 372.0 bn USD. The hightest level within the past 21 years was reached in 2014. However, the liabilities in 2019 have been only 313.84 bn USD

Based on the number of inhabitants, this is in Austria a debt of 35,343 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,690 USD.

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Gross debt of the last 21 years in billion USD

JahrAustria totalAustria per capitaEU per capita
1998137.40 bn USD17,225 USD12,387 USD
1999141.78 bn USD17,740 USD12,342 USD
2000127.45 bn USD15,908 USD10,778 USD
2001128.17 bn USD15,937 USD10,717 USD
2002138.08 bn USD17,085 USD11,593 USD
2003166.13 bn USD20,455 USD14,402 USD
2004194.67 bn USD23,822 USD16,970 USD
2005215.95 bn USD26,246 USD17,846 USD
2006226.35 bn USD27,374 USD18,591 USD
2007253.10 bn USD30,510 USD20,509 USD
2008296.82 bn USD35,669 USD23,520 USD
2009320.82 bn USD38,453 USD25,266 USD
2010324.39 bn USD38,787 USD30,683 USD
2011355.91 bn USD42,413 USD34,278 USD
2012335.39 bn USD39,785 USD33,161 USD
2013349.60 bn USD41,227 USD35,247 USD
2014371.98 bn USD43,525 USD36,694 USD
2015324.27 bn USD37,519 USD31,489 USD
2016327.91 bn USD37,533 USD31,202 USD
2017327.46 bn USD37,221 USD32,052 USD
2018336.97 bn USD38,116 USD33,816 USD
2019313.84 bn USD35,343 USD32,690 USD

Comparison of the gross debt per capita with the European Union in Euro

      Austria       European Union

Budget deficit in Austria

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget balance in Austria in the period between 1998 and 2019 varied between -21.41 bn Euro and +2.99 bn Euro. In 2019 was reached a balance of 2.99 bn Euro.

In ratio to population, this equals a surplus of 337 Euro per capita in Austria. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.

Budget deficit and surplus in the last 21 years

JahrAustria totalAustria per capitaEU per capita
1998-4.95 bn USD-621 USD-350 USD
1999-4.78 bn USD-598 USD-180 USD
2000-3.23 bn USD-403 USD98 USD
2001-0.09 bn USD-12 USD-263 USD
2002-1.48 bn USD-183 USD-496 USD
2003-3.83 bn USD-472 USD-738 USD
2004-14.35 bn USD-1,756 USD-808 USD
2005-8.03 bn USD-976 USD-722 USD
2006-8.53 bn USD-1,031 USD-499 USD
2007-5.27 bn USD-636 USD-315 USD
2008-6.46 bn USD-776 USD-951 USD
2009-21.41 bn USD-2,566 USD-2,252 USD
2010-17.42 bn USD-2,083 USD-2,486 USD
2011-11.02 bn USD-1,314 USD-1,907 USD
2012-8.96 bn USD-1,063 USD-1,689 USD
2013-8.39 bn USD-989 USD-1,354 USD
2014-12.08 bn USD-1,413 USD-1,226 USD
2015-3.86 bn USD-446 USD-871 USD
2016-6.07 bn USD-695 USD-620 USD
2017-3.41 bn USD-387 USD-406 USD
20180.80 bn USD90 USD-288 USD
20192.99 bn USD337 USD-332 USD

(negative numbers = deficit)