Central government debt, total (% of GDP) for Austria
DEBTTLATA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.34
Year-over-Year Change
-10.85%
Date Range
1/1/1999 - 1/1/2023
Summary
This economic trend measures the total central government debt of Austria as a percentage of its gross domestic product (GDP). It is a key indicator of a country's fiscal health and sustainability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The central government debt-to-GDP ratio is a widely-used metric that reflects a government's ability to repay its debt obligations. It is a critical statistic for economists, policymakers, and investors to assess a country's financial stability and long-term economic prospects.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF).
Historical Context
Governments use this metric to inform fiscal and monetary policies, while markets use it to evaluate sovereign credit risk.
Key Facts
- Austria's central government debt-to-GDP ratio was 83.3% in 2021.
- The ratio has declined from a high of 94.9% in 2015.
- Austria's debt level is above the Eurozone average of around 70-80%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total central government debt of Austria as a percentage of its gross domestic product (GDP). It is a key indicator of the government's fiscal health and ability to repay its debt obligations.
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a critical statistic for economists, policymakers, and investors to assess a country's financial stability and long-term economic prospects. It informs fiscal and monetary policies and is used to evaluate sovereign credit risk.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Governments use this metric to inform their fiscal and monetary policies, while markets use it to evaluate a country's sovereign credit risk and long-term economic outlook.
Q: Are there update delays or limitations?
A: The data is published regularly by the IMF, but there may be some delays in the most recent updates.
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for Austria (DEBTTLATA188A), retrieved from FRED.