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 -5.1 6.5 7.4
GDP, real 1.4 -6.3 4.0 5.0
Private consumption expenditure, real  0.8 -9.2 5.0 5.5
Gross fixed capital formation, real 4.0 -5.7 6.9 4.3
Exports, real  2.9 -10.0 5.2 8.7
Imports, real  2.4 -9.6 8.7 7.1
Employment 1) 1.6 -2.0 2.1 1.6
Unemployment rate (national definition, in %)  7.4 9.9 8.5 8.0
Inflation (CPI 1.5 1.4 2.2 2.0
Balance on current account (in % of GDP)  2.8 2.5 0.2 0.4
Net lending of general government (in % of GDP) 2) 0.6 -8.9  - -
Gross debt of general government (in % of GDP) 2)  70.5 83.9  - -

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: 24 June 2021