Public Debt Increased to 71.8% of GDP in 2010

BusinessEconomy ♦ Published: September 30, 2011; 11:29 ♦ (Vindobona)

Austrian public finance 2010: Public deficit up to 4.6%, public debt grew by 2.3 percentage points.

Public Debt Increased to 71.8% of GDP in 2010 / Picture: © Vindobona.org

In 2010, public households in Austria still were partly affected by the economic and financial crisis. The final data for the year 2010 show the Maastricht Deficit at 4.6% (€ 13.2bn) and the Maastricht Debt at 71.8% (€ 205.6bn) of GDP. Against 2009, the deficit shows an increase by 0.5 percentage points to 4.6% (2009: 4.1%), public debt increased by 2.3 percentage points to 71.8%…