GDP Deflator in Austria increased to 106.75 points in the fourth quarter of 2019 from 106.43 points in the third quarter of 2019. GDP Deflator in Austria averaged 86.55 points from 1988 until 2019, reaching an all time high of 106.75 points in the fourth quarter of 2019 and a record low of 73.49 points in the third quarter of 1996. This page provides - Austria GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Austria was worth 459.30 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Austria represents 0.38 percent of the world economy. GDP in Austria averaged 178.68 USD Billion from 1960 until 2019, reaching an all time high of 459.30 USD Billion in 2019 and a record low of 6.59 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Austria GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Austria was estimated at 8.9 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Austria had a population of 7.0 million people. The population of Austria represents 0.12 percent of the world´s total population which arguably means that one person in every 828 people on the planet is a resident of Austria. This page provides - Austria Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross National Product in Austria increased to 398.52 EUR Million in 2019 from 386.09 EUR Million in 2018. Gross National Product in Austria averaged 46102.02 EUR Million from 1976 until 2019, reaching an all time high of 167219 EUR Million in 1994 and a record low of 176.18 EUR Million in 1995. This page provides - Austria Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in Austria increased to 46093.60 EUR Million in the fourth quarter of 2019 from 46001.40 EUR Million in the third quarter of 2019. Consumer Spending in Austria averaged 36851.14 EUR Million from 1988 until 2019, reaching an all time high of 46093.60 EUR Million in the fourth quarter of 2019 and a record low of 30374.60 EUR Million in the first quarter of 1996. This page provides - Austria Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hospital Beds in Austria decreased to 7.37 per 1000 people in 2017 from 7.42 per 1000 people in 2016. Hospital Beds in Austria averaged 8.27 per 1000 people from 1985 until 2017, reaching an all time high of 9.94 per 1000 people in 1985 and a record low of 7.37 per 1000 people in 2017. This page includes a chart with historical data for Austria Hospital Beds.

Hospitals in Austria decreased to 30.80 per one million people in 2017 from 31.25 per one million people in 2016. Hospitals in Austria averaged 34.74 per one million people from 1985 until 2017, reaching an all time high of 41.08 per one million people in 1986 and a record low of 30.80 per one million people in 2017. This page includes a chart with historical data for Austria Hospitals.

Austria recorded a Current Account surplus of 4941 EUR Million in the fourth quarter of 2019. Current Account in Austria averaged 1065.06 EUR Million from 1995 until 2019, reaching an all time high of 6171 EUR Million in the first quarter of 2008 and a record low of -2353 EUR Million in the second quarter of 1996. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Austria Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

External Debt in Austria decreased to 608956 EUR Million in the fourth quarter of 2019 from 626057 EUR Million in the third quarter of 2019. External Debt in Austria averaged 469316.82 EUR Million from 1997 until 2019, reaching an all time high of 633042 EUR Million in the third quarter of 2011 and a record low of 129499 EUR Million in the first quarter of 1997. In Austria, external debt is a part of the total debt that is owed to creditors outside the country. This page provides the latest reported value for - Austria External Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Direct Investment in Austria decreased by 1863 EUR Million in the fourth quarter of 2019. Foreign Direct Investment in Austria averaged 1738.42 EUR Million from 1995 until 2019, reaching an all time high of 55085 EUR Million in the first quarter of 2005 and a record low of -24187 EUR Million in the first quarter of 2016. This page provides the latest reported value for - Austria Foreign Direct Investment - Net Inflows - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

ICU Beds in Austria averaged 689.91 per 100K people from 1988 until 2014, reaching an all time high of 843.56 per 100K people in December of 1988 and a record low of 579.96 per 100K people in December of 2014. This page includes a chart with historical data for Austria ICU Beds.

Productivity in Austria decreased to 102.20 points in the fourth quarter of 2019 from 102.40 points in the third quarter of 2019. Productivity in Austria averaged 91.63 points from 1996 until 2019, reaching an all time high of 102.50 points in the second quarter of 2019 and a record low of 75.50 points in the fourth quarter of 1996. This page provides - Austria Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in Austria decreased to 16737 in March from 27175 in February of 2020. Car Registrations in Austria averaged 32519.36 from 1987 until 2020, reaching an all time high of 60813 in May of 1996 and a record low of 10468 in December of 1993. This page provides - Austria Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Austria increased to 1.71 percent in February from 1.67 percent in January of 2020. Bank Lending Rate in Austria averaged 3.41 percent from 1999 until 2020, reaching an all time high of 7.02 percent in November of 2000 and a record low of 1.59 percent in December of 2019. In Austria, the prime lending rate rate is the floating rate of interest charged on loans of up to and including EUR 1 million EUR by commercial banks to new businesses. This page provides - Austria Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in Austria increased to 129.81 points in the fourth quarter of 2019 from 127.81 points in the third quarter of 2019. Housing Index in Austria averaged 100.16 points from 2009 until 2019, reaching an all time high of 129.81 points in the fourth quarter of 2019 and a record low of 74.05 points in the first quarter of 2010. In Austria, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides - Austria House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Household Saving Rate in Austria increased to 12.86 percent in the fourth quarter of 2019 from 9 percent in the third quarter of 2019. Personal Savings in Austria averaged 14.54 percent from 1999 until 2019, reaching an all time high of 22.44 percent in the first quarter of 1999 and a record low of 5.49 percent in the fourth quarter of 2000. This page provides - Austria Gross Household Saving Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Austria decreased to 12 BBL/D/1K in December from 13 BBL/D/1K in November of 2019. Crude Oil Production in Austria averaged 17.47 BBL/D/1K from 1994 until 2019, reaching an all time high of 25 BBL/D/1K in January of 1995 and a record low of 11 BBL/D/1K in August of 2017. This page provides - Austria Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Time Employment in Austria decreased to 3130.60 Thousand in the fourth quarter of 2019 from 3152.80 Thousand in the third quarter of 2019. Full Time Employment in Austria averaged 3003.34 Thousand from 1998 until 2019, reaching an all time high of 3154.10 Thousand in the third quarter of 2018 and a record low of 2796.40 Thousand in the first quarter of 2004. This page provides - Austria Full Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Part Time Employment in Austria increased to 1174.30 Thousand in the fourth quarter of 2019 from 1163.30 Thousand in the third quarter of 2019. Part Time Employment in Austria averaged 941.24 Thousand from 1998 until 2019, reaching an all time high of 1184.60 Thousand in the first quarter of 2018 and a record low of 553.50 Thousand in the first quarter of 1998. This page provides - Austria Part Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Austria decreased to 61.40 percent in the fourth quarter of 2019 from 61.90 percent in the third quarter of 2019. Labor Force Participation Rate in Austria averaged 59.96 percent from 1998 until 2019, reaching an all time high of 62.10 percent in the third quarter of 2016 and a record low of 57.30 percent in the first quarter of 2004. This page provides - Austria Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Austria increased 0.30 percent in March of 2020 over the previous month. Inflation Rate Mom in Austria averaged 0.26 percent from 1957 until 2020, reaching an all time high of 5.20 percent in June of 1965 and a record low of -2.60 percent in May of 1958. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Austria Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Austria increased to 108.10 points in March from 107.80 points in February of 2020. Consumer Price Index CPI in Austria averaged 52.12 points from 1950 until 2020, reaching an all time high of 108.10 points in December of 2019 and a record low of 9.07 points in March of 1950. In Austria, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Austria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Austria decreased to 109.70 points in March from 109.80 points in February of 2020. Cpi Housing Utilities in Austria averaged 103.52 points from 2015 until 2020, reaching an all time high of 109.80 points in February of 2020 and a record low of 99.30 points in January of 2015. This page provides - Austria Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Austria decreased to 102.80 points in March of 2020 from 104.50 points in February of 2020. CPI Transportation in Austria averaged 101.66 points from 2015 until 2020, reaching an all time high of 106.20 points in October of 2018 and a record low of 95.90 points in February of 2016. This page provides - Austria Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Austria was recorded at 1.60 percent in March of 2020. Inflation Rate in Austria averaged 3.21 percent from 1958 until 2020, reaching an all time high of 10.20 percent in September of 1974 and a record low of -3 percent in March of 1959. In Austria, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. . This page provides - Austria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in Manufacturing in Austria remained unchanged at 109.70 points in March from 109.70 points in February of 2020. Wages in Manufacturing in Austria averaged 104.40 points from 1995 until 2020, reaching an all time high of 138.30 points in February of 2019 and a record low of 75.89 points in January of 1995. This page provides - Austria Minimum Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Harmonised Consumer Prices in Austria increased to 108.50 points in March from 107.90 points in February of 2020. Harmonised Consumer Prices in Austria averaged 87.11 points from 1995 until 2020, reaching an all time high of 108.70 points in December of 2019 and a record low of 70.20 points in January of 1995. The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term. This page provides - Austria Harmonised Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in Austria increased by 0.40 in December of 2019. Employment Change in Austria averaged 0.25 percent from 1995 until 2019, reaching an all time high of 0.80 percent in the first quarter of 1999 and a record low of -0.50 percent in the second quarter of 2009. In Austria, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides - Austria Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Austria remained unchanged at 1.10 percent in the fourth quarter of 2019 from 1.10 percent in the third quarter of 2019. Long Term Unemployment Rate in Austria averaged 1.39 percent from 1995 until 2019, reaching an all time high of 2.10 percent in the second quarter of 2016 and a record low of 0.90 percent in the first quarter of 2002. In Austria, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Austria Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Austria decreased to 73.80 percent in the fourth quarter of 2019 from 74.20 percent in the third quarter of 2019. Employment Rate in Austria averaged 69.80 percent from 1994 until 2019, reaching an all time high of 74.20 percent in the third quarter of 2019 and a record low of 65.30 percent in the first quarter of 2004. In Austria, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Austria Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Austria recorded a government debt equivalent to 70.40 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Austria averaged 69.43 percent from 1988 until 2019, reaching an all time high of 84.90 percent in 2015 and a record low of 56.10 percent in 1990. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Austria Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government spending in Austria was last recorded at 48.2 percent of GDP in 2019 . Government Spending to GDP in Austria averaged 51.70 percent from 1976 until 2019, reaching an all time high of 56.40 percent in 1993 and a record low of 47.30 percent in 1977. This page provides the latest reported value for - Austria Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Austria recorded a Government Budget surplus equal to 0.70 percent of the country's Gross Domestic Product in 2019. Government Budget in Austria averaged -2.36 percent of GDP from 1995 until 2019, reaching an all time high of 0.70 percent of GDP in 2019 and a record low of -6.10 percent of GDP in 1995. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Austria Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Austria decreased to 543.03 Thousand Tonnes in March from 641.96 Thousand Tonnes in February of 2020. Steel Production in Austria averaged 485.11 Thousand Tonnes from 1980 until 2020, reaching an all time high of 734.81 Thousand Tonnes in October of 2018 and a record low of 235 Thousand Tonnes in January of 1987. This page has Steel Production values for Austria.

Gasoline Prices in Austria decreased to 1.18 USD/Liter in April from 1.24 USD/Liter in March of 2020. Gasoline Prices in Austria averaged 1.36 USD/Liter from 1995 until 2020, reaching an all time high of 1.97 USD/Liter in December of 2013 and a record low of 0.82 USD/Liter in December of 2000. This page provides the latest reported value for - Austria Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing PMI in Austria decreased to 31.60 points in April from 45.80 points in March of 2020. Manufacturing PMI in Austria averaged 52.43 points from 2013 until 2020, reaching an all time high of 64.30 points in December of 2017 and a record low of 31.60 points in April of 2020. In Austria, the Bank Austria Manufacturing PMI measures the performance of the manufacturing sector. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Austria Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Construction output in Austria increased 10.40 percent in February of 2020 over the same month in the previous year. Construction Output in Austria averaged 3.35 percent from 1997 until 2020, reaching an all time high of 25.40 percent in January of 1997 and a record low of -13.10 percent in February of 1999. The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering. This page provides - Austria Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Austria decreased 2.30 percent in February of 2020 over the same month in the previous year. Industrial Production in Austria averaged 2.57 percent from 2001 until 2020, reaching an all time high of 11.10 percent in January of 2001 and a record low of -15.20 percent in May of 2009. In Austria, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector (69 percent of total production) including: machinery and equipment (9 percent); basic metals (6 percent); food products (6 percent); motor vehicles, trailers and semi-trailers (6 percent); fabricated metal products, except machinery and equipment (6 percent); and electrical equipment (5 percent). Electricity, gas, steam and air conditioning supply account for 15 percent of total output followed by construction (13 percent), water supply, sewerage and waste management (2 percent) and mining and quarrying (1 percent). This page provides the latest reported value for - Austria Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Austria decreased 2.40 percent in February of 2020 over the previous month. Industrial Production Mom in Austria averaged 0.22 percent from 2000 until 2020, reaching an all time high of 6.20 percent in January of 2003 and a record low of -4.10 percent in October of 2008. In Austria, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 69 percent of total production. The biggest segments within Manufacturing are: machinery and equipment (9 percent of total production); basic metals (6 percent); food products (6 percent); motor vehicles, trailers and semi-trailers (6 percent); fabricated metal products, except machinery and equipment (6 percent); and electrical equipment (5 percent). Electricity, gas, steam and air conditioning supply account for 15 percent of total output; and construction accounts for 13 percent, of which building construction accounts for 4 percent and civil engineering accounts for 3 percent. Water supply, sewerage and waste management account for 2 percent of production, and mining and quarrying account for only 1 percent. This page provides the latest reported value for - Austria Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing Production in Austria decreased 4.30 percent in February of 2020 over the same month in the previous year. Manufacturing Production in Austria averaged 3.35 percent from 1998 until 2020, reaching an all time high of 16.50 percent in November of 1999 and a record low of -17.70 percent in May of 2009. In Austria, manufacturing is the most important sector and accounts for 69 percent of total production. The biggest segments within Manufacturing are: machinery and equipment (9 percent of total production); basic metals (6 percent); food products (6 percent); motor vehicles, trailers and semi-trailers (6 percent); fabricated metal products, except machinery and equipment (6 percent); and electrical equipment (5 percent). This page provides - Austria Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in Austria decreased 3.80 percent in February of 2020 over the same month in the previous year. Mining Production in Austria averaged 0.86 percent from 1997 until 2020, reaching an all time high of 29.60 percent in February of 2010 and a record low of -28.80 percent in February of 2013. In Austria, mining and quarrying account for 1 percent of total production. This page provides - Austria Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Orders in Austria decreased to 114.30 points in February from 118.70 points in January of 2020. New Orders in Austria averaged 105.09 points from 2005 until 2020, reaching an all time high of 143.10 points in October of 2018 and a record low of 74.50 points in January of 2010. In Austria, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product. This page provides - Austria New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Austria increased to 75 EUR Million in the fourth quarter of 2019 from 56 EUR Million in the third quarter of 2019. Remittances in Austria averaged 73.26 EUR Million from 1995 until 2019, reaching an all time high of 104 EUR Million in the second quarter of 2009 and a record low of 53 EUR Million in the first quarter of 1995. In Austria, Remittances refers to inflows migrants’ and short-term employee income transfers (personal remittances). This page provides - Austria Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Austria recorded a capital and financial account surplus of 1732 EUR Million in the fourth quarter of 2019. Capital Flows in Austria averaged 759.54 EUR Million from 1982 until 2019, reaching an all time high of 7260 EUR Million in the first quarter of 2008 and a record low of -4752 EUR Million in the second quarter of 2002. In Austria, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page provides - Austria Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Austria recorded a Current Account surplus of 2.60 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Austria averaged 0.49 percent from 1980 until 2019, reaching an all time high of 4.50 percent in 2008 and a record low of -5.10 percent in 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Austria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Austria decreased to 280426 EUR Million in 2019 from 285267 EUR Million in 2018. Government Debt in Austria averaged 150854.58 EUR Million from 1980 until 2019, reaching an all time high of 296256 EUR Million in 2016 and a record low of 27002 EUR Million in 1980. This page provides - Austria Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Austria decreased to -30.30 points in April from -11.10 points in March of 2020. Business Confidence in Austria averaged -4.02 points from 1985 until 2020, reaching an all time high of 15.20 points in February of 2007 and a record low of -37.80 points in March of 2009. In Austria, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarizes the common information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate. This page provides - Austria Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Austria decreased to -18.40 points in April from -7.50 points in March of 2020. Consumer Confidence in Austria averaged -8.77 points from 1995 until 2020, reaching an all time high of 4 points in December of 2017 and a record low of -23.10 points in November of 2008. In Austria, the consumer confidence indicator is calculated as the arithmetic average of the balances (in percentage points) of responses on the general economic situation, the financial situation of households and their expectations concerning unemployment (with inverted sign) and savings, each for the next 12 months. Balances are seasonally adjusted. This page provides the latest reported value for - Austria Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Austria contracted 2.50 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Austria averaged 0.42 percent from 1996 until 2020, reaching an all time high of 1 percent in the second quarter of 1999 and a record low of -2.50 percent in the first quarter of 2020. Austria's economy features a large service sector (63 percent of total GDP), a solid industrial sector (25 percent), and a small, but highly developed agricultural sector (1 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 54 percent, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Net exports of goods and services adds 3 percent to the GDP as exports accounts for 53 percent and imports for 50 percent. . This page provides - Austria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Austria contracted 2.70 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Austria averaged 1.78 percent from 1997 until 2020, reaching an all time high of 5.60 percent in the first quarter of 2011 and a record low of -5.90 percent in the second quarter of 2009. In Austria, household consumption is the main component of GDP and accounts for 54 percent, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Net exports of goods and services adds 3 percent to the GDP as exports accounts for 53 percent and imports for 50 percent. This page provides - Austria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.