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 | |
|---|---|---|---|---|---|
| Rate of change in % | |||||
| GDP, nominal | 3.1 | -4.6 | 5.8 | 8.1 | 4.6 |
| GDP, real | 1.5 | -6.7 | 4.1 | 5.2 | 2.5 |
| Private consumption expenditure, real | 0.7 | -8.5 | 3.4 | 6.3 | 2.9 |
| Gross fixed capital formation, real | 4.8 | -5.2 | 5.7 | 4.8 | 1.8 |
| Exports, real | 3.4 | -10.8 | 10.2 | 8.5 | 4.2 |
| Imports, real | 2.0 | -9.4 | 12.6 | 6.1 | 3.9 |
| Employment 1) | 1.6 | -2.0 | 2.4 | 1.9 | 1.7 |
| Unemployment rate (national definition, in %) | 7.4 | 9.9 | 8.0 | 7.2 | 6.8 |
| Inflation (CPI) | 1.5 | 1.4 | 2.8 | 3.3 | 2.2 |
| Balance on current account (in % of GDP) | 2.1 | 1.9 | -0.8 | 0.8 | 0.8 |
| Net lending of general government (in % of GDP) 2) | 0.6 | -8.3 | - | - | - |
| Gross debt of general government (in % of GDP) 2) | 70.6 | 83.2 | - | - | - |
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: 15 December 2021