Austria - General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Austria was 21.20 as of 2020. Its highest value over the past 50 years was 21.20 in 2020, while its lowest value was 14.24 in 1972.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 14.32
1971 14.39
1972 14.24
1973 14.69
1974 15.35
1975 16.79
1976 17.18
1977 17.01
1978 17.66
1979 17.52
1980 17.53
1981 17.96
1982 18.35
1983 18.35
1984 18.39
1985 18.58
1986 18.79
1987 18.75
1988 18.51
1989 18.19
1990 17.98
1991 18.16
1992 18.49
1993 19.30
1994 19.44
1995 19.59
1996 19.57
1997 19.60
1998 19.55
1999 19.84
2000 19.22
2001 18.98
2002 18.84
2003 18.98
2004 18.89
2005 19.35
2006 19.26
2007 18.74
2008 19.27
2009 20.68
2010 20.49
2011 19.90
2012 19.86
2013 19.92
2014 19.80
2015 19.76
2016 19.65
2017 19.49
2018 19.33
2019 19.47
2020 21.20

Limitations and Exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total.

Statistical Concept and Methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts