Net incurrence of liabilities, total (% of GDP) in Austria
Austria: Net incurrence of liabilities, total (% of GDP) was 5.9% in 1994. ▲ Rising
Net incurrence of liabilities, total in Austria, 1972–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Austria is 5.9%, measured in 1994.
The figure is up 20.9% on the previous year and up 33.7% over ten years.
Over the whole period, net incurrence of liabilities, total in Austria peaked at 6.7% in 1986 and was at its lowest, 0.8%, in 1972.
That places Austria 30th out of 136 countries with data for 1994, putting it in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Net incurrence of liabilities, total (% of GDP) in Austria, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 0.8% | — |
| 1973 | 1.2% | +51.3% |
| 1974 | 1.1% | -5.6% |
| 1975 | 5.5% | +398.3% |
| 1976 | 4.7% | -14.6% |
| 1977 | 4.1% | -12.0% |
| 1978 | 4.0% | -2.3% |
| 1979 | 3.8% | -5.7% |
| 1980 | 2.9% | -23.2% |
| 1981 | 2.7% | -6.3% |
| 1982 | 4.2% | +55.6% |
| 1983 | 5.8% | +37.4% |
| 1984 | 4.4% | -24.2% |
| 1985 | 4.7% | +5.7% |
| 1986 | 6.7% | +44.9% |
| 1987 | 5.6% | -17.2% |
| 1988 | 3.9% | -30.9% |
| 1989 | 4.0% | +3.6% |
| 1990 | 4.0% | -1.0% |
| 1991 | 4.3% | +8.5% |
| 1992 | 3.2% | -25.8% |
| 1993 | 4.9% | +52.7% |
| 1994 | 5.9% | +20.9% |
Austria compared with similar countries
- Austria's 5.9% is above the median for high income countries, which is 3.5%, 1.7× the median. (41 countries reporting)
- Austria's 5.9% is above the median for Europe & Central Asia, which is 3.4%, 1.7× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (% of GDP) 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 | +398.3% | 1.1% | 5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.1% | 0.8% | 5.5% | 8 |
| 1980s | 4.5% | 2.7% | 6.7% | 10 |
| 1990s | 4.4% | 3.2% | 5.9% | 5 |
Countries ranked near 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 5.9% 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 6.7% in 1986.
- What is the lowest net incurrence of liabilities, total recorded in Austria?
- The lowest recorded value was 0.8% in 1972.
- How does Austria rank for net incurrence of liabilities, total?
- Austria ranks 30th 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 33.7%. 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 Net incurrence of liabilities, total (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.