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).
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Rate of change in % | ||||
| GDP, nominal | 4.2 | 3.5 | 3.0 | 3.1 |
| GDP, real | 2.4 | 1.7 | 1.2 | 1.4 |
| Private consumption expenditure, real | 1.1 | 1.5 | 1.6 | 1.6 |
| Gross fixed capital formation, real | 3.9 | 3.1 | 1.6 | 1.7 |
| Exports, real | 5.9 | 2.8 | 2.3 | 2.9 |
| Imports, real | 4.6 | 3.2 | 2.4 | 2.8 |
| Employment 1) | 2.5 | 1.6 | 1.1 | 1.1 |
| Unemployment rate (Eurostat, in %) | 4.9 | 4.6 | 4.7 | 4.7 |
| Inflation (HICP) | 2.1 | 1.4 | 1.5 | 1.6 |
| Balance on current account (in % of GDP) | 2.3 | 1.9 | 1.8 | 1.7 |
| Net lending of general government (in % of GDP) 2) | 0.2 | - | - | - |
| Gross debt of general government (in % of GDP) 2) | 74.0 | - | - | - |
| Productivity 3) | 0.4 | 0.4 | 0.2 | 0.4 |
| Unit labour costs 4) | 2.5 | 2.4 | 2.0 | 1.6 |
1) Non self-employed without recipients of childcare benefits and without conscripts
2) Federal Ministry of Finance (BMF); Statistics Austria (STAT)
3) Productivity per hour worked (economy as a whole)
4) Economy as a whole (nominal)
Recent update: December 2019
Sources: Austrian Institute of Economic Research (WIFO), Federal Ministry of Finance (BMF), Statistics Austria (STAT)