Investor Presentaiton
Republic of Austria / Investor Information, April 2024
ā
Interest Expenditures
Absolute level of effective interest expenditures
constantly declined between 2012 and 2022
Relative to GDP, interest expenditures were still
below 1% in 2023 and considerably below peak
levels of mid-1990s
Interest expenditures in % of GDP are
moderately increasing but still expected to stay
well below historical averages for the next years
OeBFA
Austrian Treasury
High Debt Sustainability
Government debt and budget development
Debt Ratio already peaked in 2020 and already
fell below 80% again in 2022, despite
government support measures in the course of
the energy crisis
Further decreasing trend in 2023 and deficit
below Maastricht criteria in the upcoming
years
1995
1996
1997
1998
in bn EUR
7
3.51% of GDP
6
5
4
3
2
1
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
Source: Interest expenditures 2024e: Austrian Treasury forecast as of January 2024 / GDP: WIFO, March 2024, Statistics Austria, February 2024
1. Economic & Fiscal Overview
13
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
in 2023 to 1.09% of GDP in 2024
Expected increase from 0.86% of GDP
2019
2020
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024e 2025e 2026 2027e
Source: Forecast: Federal Ministry of Finance, October 2023 / Statistics Austria, March 2024
2021
2022
2023
2024e
in % of GDP
3.5%
3.0%
2.5%
2.0%
1.5%
1.0%
0.5%
0.0%
in % of GDP
90
84.0 84.9
85
82.7 82.4 81.9 81.3
82.8
79.9
78.5
80
74.1
75
70.6
68.7
0.2
70
0.6
65
-1.0
-0.8
-1.5
-1.5
-2.6 -2.2
-2.0
-2.7
60
Deficit / Surplus (rhs)
-4.4
-5.3
55
8
82.9 82.5
78.4 77.8
76.4 76.5 76.2 76.1
4
-2
-2.7 -2.7 -2.8 -2.8 -2.7
-4
-3.3
Government debt (Ihs)
-5.8
Forecast
-8.0
10
-6
-8
2006 +20 ~ 46 % 7
-10
50
2008 2009 2010 2011 2012View entire presentation