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Consolidation path clearly missed; deficit expected to remain above 3% of GDP through 2030

The Fiscal Council continues to expect high budget deficits well above 3% of GDP between 2026 and 2030, along with a sharp increase in the public debt-to-GDP ratio to a historic record level (2030: 87.8% of GDP).more

Implement growth-oriented fiscal consolidation measures and create fiscal space for future investments through structural reforms

The Fiscal Council recommends a consolidation strategy that goes beyond the current plans of the federal government and is aimed at stabilizing the public debt-to-GDP ratio in the medium term and reducing it over the long term.more

Fiscal Sustainability Report 2025

Necessary adjustment of the structural primary balance increases from currently 2.5% to 7.0% of GDP by 2070 in order to keep the debt ratio path in line with the minimum requirements of the European fiscal rules in the long term. Demographic factors as the main driver of the long-term deterioration of the primary balance.more

NEWS

Consolidation path clearly missed, deficit remains above 3% of GDP until 2030 (German)

June 17, 2026

Press information

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Executive Summary of the Fiscal Rules Compliance Report for Austria 2025 to 2030

June 17, 2026

Summary of the Fiscal Rules Report, June 2026

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Fiscal Rules Compliance Report 2025 to 2030 (German)

June 17, 2026

Fiscal Rules Compliance Report, June 2026

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General government gross debt – Austria

General government balance – Austria

EU fiscal rules applied for Austria: Maastricht criteria

EU fiscal rules applied for Austria: Net expenditure path

Net expenditure path (change in %)
	2025	2026	2027	2028	2029
Net expenditure growth according to FISK-forecast	2,0%	2,0%	2,1%	2,9%	2,1%
Max. permissible net expenditure growth	2.6%	2.2%	2.2%	2.0%	2.3%

Control account balance in % of GDP¹⁾	0,3	0,4	0,5	0,0	0,1

1) Cumulative deviation from the net expenditure path. In the case of a negative/positive account balance, the extent to which the annual thresholds are exceeded/undercut predominates. Red: Exceedance of the annual and/or cumulative threshold of 0.3% or 0.6% of GDP. Orange: Exceeding the annual permissible growth but falling short of the annual threshold. Green: Compliance with the annual permissible growth.
Sources: Fiskalrat (Spring forecast) and EC.

Organization and members

The Fiscal Advisory Council is an independent body responsible for monitoring the fiscal discipline of government entities in Austria. It consists of 15 members that are mandated to act independently. Its Office is attached to the Oesterreichische Nationalbank (OeNB).

Tasks of the Fiscal Advisory Council

The Fiscal Advisory Council analyzes Austria’s public finances, monitors compliance with national and EU fiscal rules and contributes to the public debate.

Press materials

Here you can find all press materials published by the Fiscal Advisory Council. You may also subscribe to a newsletter to receive press materials.

Consolidation path clearly missed; deficit expected to remain above 3% of GDP through 2030

Implement growth-oriented fiscal consolidation measures and create fiscal space for future investments through structural reforms

Fiscal Sustainability Report 2025

NEWS

Consolidation path clearly missed, deficit remains above 3% of GDP until 2030 (German)

Executive Summary of the Fiscal Rules Compliance Report for Austria 2025 to 2030

Fiscal Rules Compliance Report 2025 to 2030 (German)

Organization and members

Tasks of the Fiscal Advisory Council

Press materials

Publications