Net incurrence of liabilities, total (current LCU) in Austria
Austria: Net incurrence of liabilities, total (current LCU) was 9.91 billion current LCU in 1994. ◆ Volatile
Net incurrence of liabilities, total in Austria, 1972–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Austria is 9.91 billion current LCU, measured in 1994. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 27.0% on the previous year and up 128.5% over ten years.
Over the whole period, net incurrence of liabilities, total in Austria peaked at 9.91 billion current LCU in 1994 and was at its lowest, 282.70 million current LCU, in 1972.
Austria ranks 84th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (current LCU) in Austria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 282.70 million current LCU | — |
| 1973 | 484.73 million current LCU | +71.5% |
| 1974 | 521.06 million current LCU | +7.5% |
| 1975 | 2.75 billion current LCU | +428.6% |
| 1976 | 2.60 billion current LCU | -5.6% |
| 1977 | 2.53 billion current LCU | -2.8% |
| 1978 | 2.61 billion current LCU | +3.3% |
| 1979 | 2.70 billion current LCU | +3.4% |
| 1980 | 2.23 billion current LCU | -17.5% |
| 1981 | 2.23 billion current LCU | -0.1% |
| 1982 | 3.72 billion current LCU | +67.2% |
| 1983 | 5.45 billion current LCU | +46.4% |
| 1984 | 4.34 billion current LCU | -20.4% |
| 1985 | 4.84 billion current LCU | +11.5% |
| 1986 | 7.38 billion current LCU | +52.6% |
| 1987 | 6.35 billion current LCU | -14.0% |
| 1988 | 4.60 billion current LCU | -27.6% |
| 1989 | 5.09 billion current LCU | +10.8% |
| 1990 | 5.42 billion current LCU | +6.4% |
| 1991 | 6.31 billion current LCU | +16.4% |
| 1992 | 4.95 billion current LCU | -21.6% |
| 1993 | 7.81 billion current LCU | +57.8% |
| 1994 | 9.91 billion current LCU | +27.0% |
Austria compared with similar countries
- Austria's 9.91 billion current LCU is above the median for high income countries, which is 9.91 billion current LCU, 1.0× the median. (41 countries reporting)
- Austria's 9.91 billion current LCU is below the median for Europe & Central Asia, which is 14.60 billion current LCU, 68% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (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 |
|---|---|---|---|
| 1975 | +428.6% | 521.06 million current LCU | 2.75 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.81 billion current LCU | 282.70 million current LCU | 2.75 billion current LCU | 8 |
| 1980s | 4.62 billion current LCU | 2.23 billion current LCU | 7.38 billion current LCU | 10 |
| 1990s | 6.88 billion current LCU | 4.95 billion current LCU | 9.91 billion current LCU | 5 |
Countries ranked near Austria
More public sector data for Austria
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Frequently asked questions
- What is net incurrence of liabilities, total in Austria?
- Net incurrence of liabilities, total in Austria was 9.91 billion current LCU in 1994, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Austria?
- The highest recorded value was 9.91 billion current LCU in 1994.
- What is the lowest net incurrence of liabilities, total recorded in Austria?
- The lowest recorded value was 282.70 million current LCU in 1972.
- How does Austria rank for net incurrence of liabilities, total?
- Austria ranks 84th out of 136 countries with data for 1994.
- Is net incurrence of liabilities, total rising or falling in Austria?
- Over the last ten years it is up 128.5%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.