Annual government expenditure by function (COFOG) — Gross capital in Austria
Austria: Annual government expenditure by function (COFOG) — Gross capital was 19,913 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in Austria, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government expenditure by function (cofog) — gross capital in Austria is 19,913 National currency, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 10.4% on the previous year and up 103.0% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Austria peaked at 19,913 National currency in 2024 and was at its lowest, 5,359 National currency, in 2001.
That places Austria 21st out of 28 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Annual government expenditure by function (COFOG) — Gross capital in Austria, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 6,611 National currency | — |
| 1996 | 6,757 National currency | +2.2% |
| 1997 | 5,523 National currency | -18.3% |
| 1998 | 5,817 National currency | +5.3% |
| 1999 | 5,835 National currency | +0.3% |
| 2000 | 5,457 National currency | -6.5% |
| 2001 | 5,359 National currency | -1.8% |
| 2002 | 6,134 National currency | +14.5% |
| 2003 | 6,196 National currency | +1.0% |
| 2004 | 6,111 National currency | -1.4% |
| 2005 | 7,667 National currency | +25.5% |
| 2006 | 7,685 National currency | +0.2% |
| 2007 | 8,991 National currency | +17.0% |
| 2008 | 10,007 National currency | +11.3% |
| 2009 | 9,873 National currency | -1.3% |
| 2010 | 9,884 National currency | +0.1% |
| 2011 | 9,400 National currency | -4.9% |
| 2012 | 9,246 National currency | -1.6% |
| 2013 | 9,872 National currency | +6.8% |
| 2014 | 9,807 National currency | -0.7% |
| 2015 | 10,183 National currency | +3.8% |
| 2016 | 10,646 National currency | +4.6% |
| 2017 | 11,423 National currency | +7.3% |
| 2018 | 11,793 National currency | +3.2% |
| 2019 | 12,607 National currency | +6.9% |
| 2020 | 12,895 National currency | +2.3% |
| 2021 | 14,582 National currency | +13.1% |
| 2022 | 19,450 National currency | +33.4% |
| 2023 | 18,042 National currency | -7.2% |
| 2024 | 19,913 National currency | +10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,108 National currency | 5,523 National currency | 6,757 National currency | 5 |
| 2000s | 7,348 National currency | 5,359 National currency | 10,007 National currency | 10 |
| 2010s | 10,486 National currency | 9,246 National currency | 12,607 National currency | 10 |
| 2020s | 16,976 National currency | 12,895 National currency | 19,913 National currency | 5 |
Countries ranked near Austria
More public sector data for Austria
- Arms imports 13.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.42 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -23.53 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 13.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 572.97 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0098 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.11 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 5.26 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 206.01 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Austria?
- Annual government expenditure by function (cofog) — gross capital in Austria was 19,913 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Austria?
- The highest recorded value was 19,913 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Austria?
- The lowest recorded value was 5,359 National currency in 2001.
- How does Austria rank for annual government expenditure by function (cofog) — gross capital?
- Austria ranks 21st out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Austria?
- Over the last ten years it is up 103.0%. The long-run trend across the full record is rising.
- Where does this Austria data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org