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
Rate of change in %        
GDP, nominal 3.2 -6.1 6.1 5.2
GDP, real 1.4 -7.3 4.5 3.5
Private consumption expenditure, real  0.8 -8.3 5.9 3.0
Gross fixed capital formation, real 4.0 -5.0 4.0 2.9
Exports, real  2.9 -11.6 5.2 7.3
Imports, real  2.4 -11.0 6.2 6.0
Employment 1) 1.6 -2.0 1.3 2.0
Unemployment rate (Eurostat, in %)  4.5 5.4 5.1 4.8
Inflation (CPI 1.5 1.4 1.5 1.6
Balance on current account (in % of GDP)  2.8 2.6 2.2 3.0
Net lending of general government (in % of GDP) 2) 0.7 -  - -
Gross debt of general government (in % of GDP) 2)  70.5 -  - -

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: 18 December 2020