The ratio of national debt to gross domestic product (GDP) in Austria was forecast to continuously increase between 2024 and 2029 by in total two percentage points. According to this forecast, in 2029, the ratio will have increased for the sixth consecutive year to 80.71 percent. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Austria: Government debt from 2019 to 2029 in relation to gross domestic product (GDP) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/277498/government-debt-in-austria-in-relation-to-gross-domestic-product-gdp/
IMF. "Austria: Government debt from 2019 to 2029 in relation to gross domestic product (GDP)." Chart. October 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/277498/government-debt-in-austria-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Austria: Government debt from 2019 to 2029 in relation to gross domestic product (GDP). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/277498/government-debt-in-austria-in-relation-to-gross-domestic-product-gdp/
IMF. "Austria: Government Debt from 2019 to 2029 in Relation to Gross Domestic Product (Gdp)." Statista, Statista Inc., 22 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/277498/government-debt-in-austria-in-relation-to-gross-domestic-product-gdp/
IMF, Austria: Government debt from 2019 to 2029 in relation to gross domestic product (GDP) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/277498/government-debt-in-austria-in-relation-to-gross-domestic-product-gdp/ (last visited November 10, 2024)
Austria: Government debt from 2019 to 2029 in relation to gross domestic product (GDP) [Graph], IMF, October 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/277498/government-debt-in-austria-in-relation-to-gross-domestic-product-gdp/