Ratio of government expenditure to gross domestic product (GDP) in Austria 2030

The ratio of government expenditure to GDP in Austria was forecast to decrease between 2024 and 2030 by in total 2.59 percentage points. This overall decrease does not happen continuously, notably not in 2030. The ratio is estimated to amount to 54.86 percent in 2030. 
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.