Goods and services expense (current LCU) in Austria
Austria: Goods and services expense (current LCU) was 15.41 billion current LCU in 2024. ▲ Rising
Goods and services expense in Austria, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Austria is 15.41 billion current LCU, measured in 2024. That is the highest value across all 53 years on record.
That represents a change of up 5.7% on the previous year and up 62.0% over ten years.
Over the whole period, goods and services expense in Austria peaked at 15.41 billion current LCU in 2024 and was at its lowest, 1.65 billion current LCU, in 1972.
Austria ranks 92nd of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Goods and services expense (current LCU) in Austria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 1.65 billion current LCU | — |
| 1973 | 1.89 billion current LCU | +14.3% |
| 1974 | 2.27 billion current LCU | +20.4% |
| 1975 | 2.74 billion current LCU | +20.4% |
| 1976 | 3.05 billion current LCU | +11.4% |
| 1977 | 3.33 billion current LCU | +9.4% |
| 1978 | 3.67 billion current LCU | +10.1% |
| 1979 | 3.92 billion current LCU | +6.6% |
| 1980 | 4.21 billion current LCU | +7.6% |
| 1981 | 4.65 billion current LCU | +10.4% |
| 1982 | 5.13 billion current LCU | +10.3% |
| 1983 | 5.54 billion current LCU | +8.1% |
| 1984 | 5.83 billion current LCU | +5.1% |
| 1985 | 6.18 billion current LCU | +6.0% |
| 1986 | 6.58 billion current LCU | +6.6% |
| 1987 | 6.71 billion current LCU | +1.9% |
| 1988 | 7.03 billion current LCU | +4.8% |
| 1989 | 7.35 billion current LCU | +4.6% |
| 1990 | 7.69 billion current LCU | +4.6% |
| 1991 | 8.16 billion current LCU | +6.1% |
| 1992 | 8.83 billion current LCU | +8.3% |
| 1993 | 9.62 billion current LCU | +8.9% |
| 1994 | 10.45 billion current LCU | +8.6% |
| 1995 | 3.61 billion current LCU | -65.4% |
| 1996 | 3.75 billion current LCU | +4.0% |
| 1997 | 3.89 billion current LCU | +3.6% |
| 1998 | 4.26 billion current LCU | +9.5% |
| 1999 | 4.41 billion current LCU | +3.6% |
| 2000 | 4.38 billion current LCU | -0.7% |
| 2001 | 4.82 billion current LCU | +9.9% |
| 2002 | 4.87 billion current LCU | +1.2% |
| 2003 | 5.17 billion current LCU | +6.0% |
| 2004 | 5.26 billion current LCU | +1.8% |
| 2005 | 7.43 billion current LCU | +41.2% |
| 2006 | 8.04 billion current LCU | +8.3% |
| 2007 | 7.92 billion current LCU | -1.5% |
| 2008 | 8.60 billion current LCU | +8.5% |
| 2009 | 8.78 billion current LCU | +2.1% |
| 2010 | 9.19 billion current LCU | +4.7% |
| 2011 | 9.40 billion current LCU | +2.3% |
| 2012 | 9.43 billion current LCU | +0.3% |
| 2013 | 9.54 billion current LCU | +1.1% |
| 2014 | 9.51 billion current LCU | -0.2% |
| 2015 | 9.73 billion current LCU | +2.3% |
| 2016 | 10.04 billion current LCU | +3.2% |
| 2017 | 10.15 billion current LCU | +1.1% |
| 2018 | 10.61 billion current LCU | +4.6% |
| 2019 | 10.86 billion current LCU | +2.3% |
| 2020 | 11.31 billion current LCU | +4.2% |
| 2021 | 13.51 billion current LCU | +19.4% |
| 2022 | 14.20 billion current LCU | +5.2% |
| 2023 | 14.58 billion current LCU | +2.7% |
| 2024 | 15.41 billion current LCU | +5.7% |
Austria compared with similar countries
- Austria's 15.41 billion current LCU is above the median for high income countries, which is 14.51 billion current LCU, 1.1× the median. (57 countries reporting)
- Austria's 15.41 billion current LCU is below the median for Europe & Central Asia, which is 17.80 billion current LCU, 87% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (current LCU) in Austria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | -65.4% | 10.45 billion current LCU | 3.61 billion current LCU |
| 2005 | +41.2% | 5.26 billion current LCU | 7.43 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.82 billion current LCU | 1.65 billion current LCU | 3.92 billion current LCU | 8 |
| 1980s | 5.92 billion current LCU | 4.21 billion current LCU | 7.35 billion current LCU | 10 |
| 1990s | 6.47 billion current LCU | 3.61 billion current LCU | 10.45 billion current LCU | 10 |
| 2000s | 6.53 billion current LCU | 4.38 billion current LCU | 8.78 billion current LCU | 10 |
| 2010s | 9.85 billion current LCU | 9.19 billion current LCU | 10.86 billion current LCU | 10 |
| 2020s | 13.80 billion current LCU | 11.31 billion current LCU | 15.41 billion current LCU | 5 |
Countries ranked near Austria
More public sector data for Austria
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- Elected parliament, annual growth rate 0 % change on previous year (2025)
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- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
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Frequently asked questions
- What is goods and services expense in Austria?
- Goods and services expense in Austria was 15.41 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Austria?
- The highest recorded value was 15.41 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Austria?
- The lowest recorded value was 1.65 billion current LCU in 1972.
- How does Austria rank for goods and services expense?
- Austria ranks 92nd out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Austria?
- Over the last ten years it is up 62.0%. The long-run trend across the full record is rising.
- Where does this Austria data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.