Government debt
For the budgetary notification to the European Commission at the end of March 2012 (notification of government deficit/surplus and government debt in connection with the Maastricht convergence criteria), Statistics Austria calculated the data for the year 2011 in accordance with the categories of the European System of Accounts (ESA 1995). As at the end of 2011, government debt amounted to €217.4 bn or 72.2% of gross domestic product (GDP).
Quarterly government debt
From the year 2000 up to the year 2007 and again in the year 2009 government debt is substantially higher during the course of the year than at year’s end, both in absolute figures and relative to GDP. In the fourth quarter 2008 this pattern changes for the first time and the downward trend – in % of GDP - and the seasonal pattern which can be observed from the 1st quarter 2000 onwards, is reversed. In the year 2011 government debt rises continually. In the first quarter €210.8 bn are reached or 72.3% in terms of GDP; in the second quarter government debt rises by €2.6 bn and amounts to €213.4 bn and finally in the third quarter €214.2 bn are reached, amounting to a government debt of 71.6 % of GDP.
| Government Debt, annual figures |  |  |  |
|---|---|---|---|
| Government Debt by Subsectors, annual figures | | | |
| Quarterly Government Debt, 1st Quarter 2000 - 4th Quarter 2011 | | | |
| Reporting of Government Deficits and Debt Levels 2008 - 2011 (April 2012) |  | | |
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