Austria Economy

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Austria ranks in the top 12 richest economies in the world with a GDP per capita of $41,800 by 2011 estimates. Historically, Austria's main trading partner has been Germany, leaving it vulnerable to changes in the German economy, however, since its admission to the European Union, it has gained closer ties to other economies within the EU. Austria has a well-developed social market economy and other than its highly developed industry, international tourism is the most important part of the economy.

Major Austria Indicators

Period Value % Chg Prev
Central Banks (View all 1)
Austria Balance With Eurosystem/Target Aug 2021 -35.98B EUR
Components of GDP (View all 1)
Austria General Government Final Consumption Expenditure (NSA) 2020 21.32% of GDP 9.63%
Austria Net Trade in Goods and Services (NSA) 2020 14.94B USD 3.99%
Austria Trade (NSA) 2020 101.5% of GDP -5.85%
Consumer Prices (View all 1)
Austria Consumer Price Index Sep 2021 112.22 0.89%
Austria Core Inflation Rate Sep 2021 2.30% 0.00%
Austria Inflation (NSA) 2020 1.38% -9.73%
Austria Inflation Rate Sep 2021 3.30% 3.12%
Employment (View all 1)
Austria Unemployment Rate Jul 2021 6.20% 0.00%
Austria Youth Unemployment Rate Aug 2021 11.60% 2.65%
Energy (View all 1)
Austria Gas Rig Count Sep 2021 1.00 0.00%
Austria Petroleum Products Demand Aug 2021 1.059M mt -0.94%
GDP (View all 1)
Austria GDP (SCA) Q2 2021 99.71B EUR 4.45%
Austria Real GDP YoY (SCA) Q2 2021 12.60%
Governance and Policy (View all 1)
Austria Profit Tax (NSA) 2019 17.10% 0.00%
Government Assets and Liabilities (View all 1)
Austria General Government Gross Debt Outlook (NSA) 2026 78.00% of GDP -2.62%
Government Receipts and Outlays (View all 1)
Austria General Government Final Consumption Expenditure (NSA) 2020 21.32% of GDP 9.63%
Austria Military Expenditure (NSA) 2019 2.892B EUR 0.75%
Austria Profit Tax (NSA) 2019 17.10% 0.00%
Austria Tax Revenue (NSA) 2019 101.70B EUR 3.77%
Infrastructure (View all 1)
Austria Secure Internet Servers (NSA) 2020 33801.40 /mil ppl 28.53%
Interest Rates (View all 1)
Austria Long Term Interest Rate Sep 2021 -0.08%
International Transactions (View all 1)
Austria Net Trade in Goods and Services (NSA) 2020 14.94B USD 3.99%
Military (View all 3)
Austria Military Expenditure (NSA) 2019 2.892B EUR 0.75%
Monetary (View all 1)
Austria TARGET Transactions Value Sep 2021 598.90B EUR 11.15%
Population (View all 1)
Austria Population Density (NSA) 2020 108.06 Ppl/kmĀ² 0.42%
Austria Population Outlook (NSA) 2026 9.171M 0.49%
Sentiment Surveys (View all 1)
Austria Consumer Confidence Indicator Sep 2021 -3.40
Austria Economic Sentiment Indicator Sep 2021 117.40 -3.53%
View and sort all 856 Austria Indicators

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