Current Economic Data - Austria

Important Austrian economic indicators have been collected in a table for informational purposes and are updated regularly. The table contains economic development indicators (e.g. production, foreign trade, labour market, financial sector).

  2019 2020 2021 2022 2023
Rate of change in %          
GDP, nominal 3.1 -4.6 6.2 9.6 6.0
GDP, real 1.5 -6.7 4.8 4.3 1.6
Private consumption expenditure, real  0.7 -8.5 3.5 4.1 2.2
Gross fixed capital formation, real 4.8 -5.2 4.3 2.2 2.4
Exports, real  3.4 -10.8 13.9 8.1 3.2
Imports, real  2.0 -9.4 16.7 5.8 3.2
Employment 1) 1.6 -2.0 2.5 3.0 0.9
Unemployment rate (national definition, in %)  7.4 9.9 8.0 6.3 6.3
Inflation (CPI 1.5 1.4 2.8 7.8 5.3
Balance on current account (in % of GDP)  2.1 1.9 -0.5 -1.0 -1.2
Net lending of general government (in % of GDP) 2) 0.6 -8.0 -5.9 - -
Gross debt of general government (in % of GDP) 2)  70.6 83.3 82.8 - -

1) Non self-employed without recipients of childcare benefits and without conscripts
2) Federal Ministry of Finance (BMF); Statistics Austria (STAT)

Sources: Austrian Institute of Economic Research (WIFO), Federal Ministry of Finance (BMF), Statistics Austria (STAT)

Last update: 30 June 2022