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Net Public Debt (As % of GDP) in Austria

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020), Helgi Library
Last Updated: Feb 8, 2021

Net public debt as a share of GDP reached 47.8 % in 2019 in Austria, according to the National Statistical Office. This is 5.65 % less than in the previous year.

Historically, net public debt as a share of GDP in Austria reached an all time high of 60.5 % in 2010 and an all time low of 40.4 % in 1999. When compared to Austria's main peers, net public debt as a share of GDP in Germany amounted to 41.1 %, 59.3 % in Hungary, 123 % in Italy and 21.3 % in Switzerland in 2019.

Austria has been ranked 35th within the group of 86 countries we follow in terms of net public debt as a share of GDP, 20 places behind the position seen 10 years ago.

Public or government debt is the debt owed by state institutions (or central government).

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