Economic Developments and Public Finances 2023-2027

New EU fiscal rules, which do not require the submission of a stability programme, have entered into force on 30 April 2024. Previously, euro area Member States had to annually submit a stability programme in accordance with EU Regulation 1466/97, as amended by Regulation 1175/2011.

The Federal Ministry of Finance (BMF) provides the public with a comparable document in the interest of transparent budget planning.

The report Economic Developments and Public Finances 2023-2027 (PDF, 1 MB) is based on national accounts data of Statistics Austria (STAT) until 2023, the medium-term economic forecast of the Austrian Institute of Economic Research (WIFO) from March 2024 as well as calculations and estimates of the BMF.

The primary purpose of this document is to present developments since the last stability programme in order to assist the European Commission in updating its models and to facilitate European economic policy coordination.