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 Jul 2019 -41.94B EUR
Components of GDP (View all 1)
Austria General Government Final Consumption Expenditure (NSA) 2017 19.56% of GDP -0.85%
Austria Household Final Consumption Expenditure (DISCONTINUED) (NSA) 2016 53.07% of GDP -0.24%
Austria Net Trade in Goods and Services (NSA) 2017 12.25B USD -12.51%
Austria Trade (NSA) 2017 104.4% of GDP 3.34%
Consumer Prices (View all 1)
Austria Consumer Price Index Aug 2019 106.33 0.07%
Austria Core Inflation Rate Aug 2019 1.60% 6.67%
Austria Inflation (NSA) 2017 2.08% 133.4%
Austria Inflation Rate Aug 2019 1.40% 0.00%
Employment (View all 1)
Austria Unemployment Rate Jul 2019 4.40% -2.22%
Austria Youth Unemployment Rate Jul 2019 9.40% 2.17%
Energy (View all 1)
Austria Gas Rig Count Aug 2019 0.00
Austria Petroleum Products Demand Jul 2019 1.218M mt 6.10%
GDP (View all 1)
Austria GDP (SCA) Q2 2019 99.29B EUR 0.72%
Austria Real GDP Growth (SCA) Q2 2019 1.60% 0.00%
Governance and Policy (View all 1)
Austria Profit Tax (NSA) 2018 17.10% 0.59%
Government Assets and Liabilities (View all 1)
Austria General Government Gross Debt Outlook (NSA) 2024 61.20% of GDP -2.39%
Government Receipts and Outlays (View all 1)
Austria General Government Final Consumption Expenditure (NSA) 2017 19.56% of GDP -0.85%
Austria Military Expenditure (NSA) 2017 2.647B EUR 1.44%
Austria Profit Tax (NSA) 2018 17.10% 0.59%
Austria Tax Revenue (NSA) 2017 93.88B EUR 3.28%
Infrastructure (View all 1)
Austria Secure Internet Servers (NSA) 2018 16751.47 /mil ppl 125.4%
Interest Rates (View all 1)
Austria Long Term Interest Rate Aug 2019 -0.37%
International Transactions (View all 1)
Austria Net Trade in Goods and Services (NSA) 2017 12.25B USD -12.51%
Military (View all 3)
Austria Military Expenditure (NSA) 2017 2.647B EUR 1.44%
Monetary (View all 1)
Austria TARGET Transactions Value Jul 2019 498.70B EUR 11.67%
Population (View all 1)
Austria Population Density (NSA) 2017 106.61 Ppl/kmĀ² 0.70%
Austria Population Outlook (NSA) 2024 9.217M 0.50%
Sentiment Surveys (View all 1)
Austria Consumer Confidence Indicator Aug 2019 -2.00
Austria Economic Sentiment Indicator Aug 2019 103.10 -0.10%
View and sort all 904 Austria Indicators
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