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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 2024
Rate of change in %            
GDP, nominal 3.3 -4.1 4.2 3.4 3.3 3.1
GDP, real 1.6 -5.2 3.5 1.9 1.7 1.4
Private consumption expenditure, real  1.4 -2.9 3.1 1.7 1.6 1.5
Gross fixed capital formation, real - - - - - -
Exports, real  - - - - - -
Imports, real  - - - - - -
Employment 1) 1.6 -1.7 1.4 1.3 1.2 1.1
Unemployment rate (Eurostat, in %)  4.5 5.5 5.0 4.8 4.7 4.7
Inflation (CPI 1.5 0.9 1.3 1.4 1.4 1.4
Balance on current account (in % of GDP)  - - - - - -
Net lending of general government (in % of GDP) 2) 0.7 -  - - - -
Gross debt of general government (in % of GDP) 2)  70.4 -  - - - -

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

Recent update: April 2020

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

approved date: 28 April 2020