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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).

  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)