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 2021 2022
      SC 1 SC 1 SC 2 SC 2
Rate of change in %            
GDP, nominal 3.2 -5.5 3.5 6.1 2.7 6.5
GDP, real 1.4 -6.6 2.3 4.3 1.5 4.7
Private consumption expenditure, real  0.8 -9.6 2.4 4.0 1.1 4.6
Gross fixed capital formation, real 4.0 -4.9 4.0 4.0 3.5 4.4
Exports, real  2.9 -10.4 2.8 7.2 2.3 7.8
Imports, real  2.4 -10.2 3.9 6.0 3.5 6.5
Employment 1) 1.6 -2.0 1.1 2.2 0.9 2.3
Unemployment rate (Eurostat, in %)  4.5 5.4 5.0 4.8 5.1 4.8
Inflation (CPI 1.5 1.4 1.8 1.8 1.8 1.8
Balance on current account (in % of GDP)  2.8 2.6 1.4 2.1 1.3 2.1
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  - - - -

SC 1: Opening scenario
SC 2: Lockdown scenario

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: 1 April 2021