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 2017 was between 123.6 billion and 295.2 billion Euro. The hightest level within the past 19 years was reached in 2016. However, the liabilities in 2017 have been only 289.49 billion Euro
Based on the number of inhabitants, this is in Austria a debt of 32,862 Euro per person. For comparison: The average debt per person in the same year in the European Union was 24,401 Euro.
Back to overview: AustriaGross debt of the past 19 years in billion Euro
| Jahr | Austria total | European Union total | Austria per capita | European Union per capita |
|---|
| 1998 | 123.61 bn € | 542.28 bn € | 14,032 € | 10,582 € |
| 1999 | 133.03 bn € | 564.55 bn € | 15,101 € | 11,016 € |
| 2000 | 137.99 bn € | 569.72 bn € | 15,665 € | 11,117 € |
| 2001 | 143.11 bn € | 585.17 bn € | 16,246 € | 11,419 € |
| 2002 | 146.02 bn € | 601.06 bn € | 16,576 € | 11,729 € |
| 2003 | 146.86 bn € | 626.46 bn € | 16,671 € | 12,224 € |
| 2004 | 156.50 bn € | 673.97 bn € | 17,766 € | 13,152 € |
| 2005 | 173.58 bn € | 711.45 bn € | 19,704 € | 13,883 € |
| 2006 | 180.27 bn € | 737.12 bn € | 20,464 € | 14,384 € |
| 2007 | 184.67 bn € | 747.43 bn € | 20,964 € | 14,585 € |
| 2008 | 201.81 bn € | 794.32 bn € | 22,909 € | 15,500 € |
| 2009 | 230.01 bn € | 903.39 bn € | 26,111 € | 17,628 € |
| 2010 | 244.70 bn € | 1,011.57 bn € | 27,777 € | 19,740 € |
| 2011 | 255.68 bn € | 1,075.30 bn € | 29,025 € | 20,983 € |
| 2012 | 261.04 bn € | 1,129.42 bn € | 29,633 € | 22,039 € |
| 2013 | 263.23 bn € | 1,164.64 bn € | 29,881 € | 22,726 € |
| 2014 | 279.86 bn € | 1,215.17 bn € | 31,769 € | 23,712 € |
| 2015 | 291.39 bn € | 1,251.23 bn € | 33,078 € | 24,416 € |
| 2016 | 295.20 bn € | 1,241.26 bn € | 33,510 € | 24,222 € |
| 2017 | 289.49 bn € | 1,250.47 bn € | 32,862 € | 24,401 € |
Comparison of the gross debt per capita with the European Union in Euro
Austria European UnionBudget 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 deficit in Austria in the period between 1998 and 2017 varied between 104.90 million Euro and 15.35 billion Euro. In 2017 was reached a balance of -2.59 billion Euro.
In ratio to population, this equals a new indebtedness of 294 Euro per capita in Austria only in 2017. For comparison, the average debt per capita in the European Union was in the same year at 286 Euro.
Budget deficit of the past 19 years
| Jahr | Austria total | European Union total | Austria per capita | European Union per capita |
|---|
| 1998 | -4,457.50 M € | -153,235.20 M € | -506 € | -299 € |
| 1999 | -4,487.00 M € | -82,111.40 M € | -509 € | -160 € |
| 2000 | -3,499.20 M € | 52,063.70 M € | -397 € | 102 € |
| 2001 | -104.90 M € | -143,516.40 M € | -12 € | -280 € |
| 2002 | -1,564.60 M € | -257,294.80 M € | -178 € | -502 € |
| 2003 | -3,390.10 M € | -321,165.40 M € | -385 € | -627 € |
| 2004 | -11,534.50 M € | -320,906.80 M € | -1,309 € | -626 € |
| 2005 | -6,455.40 M € | -287,691.80 M € | -733 € | -561 € |
| 2006 | -6,790.50 M € | -197,732.10 M € | -771 € | -386 € |
| 2007 | -3,846.80 M € | -112,899.10 M € | -437 € | -220 € |
| 2008 | -4,392.50 M € | -325,222.70 M € | -499 € | -635 € |
| 2009 | -15,351.90 M € | -814,642.80 M € | -1,743 € | -1,590 € |
| 2010 | -13,141.60 M € | -820,976.50 M € | -1,492 € | -1,602 € |
| 2011 | -7,919.30 M € | -601,309.20 M € | -899 € | -1,173 € |
| 2012 | -6,975.50 M € | -574,422.90 M € | -792 € | -1,121 € |
| 2013 | -6,316.50 M € | -447,714.80 M € | -717 € | -874 € |
| 2014 | -9,092.00 M € | -408,781.10 M € | -1,032 € | -798 € |
| 2015 | -3,601.90 M € | -345,702.30 M € | -409 € | -675 € |
| 2016 | -5,622.50 M € | -241,796.40 M € | -638 € | -472 € |
| 2017 | -2,589.10 M € | -146,589.50 M € | -294 € | -286 € |
(negative numbers = deficit)