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 Apr 2020 -45.98B EUR
Components of GDP (View all 1)
Austria General Government Final Consumption Expenditure (NSA) 2018 19.32% of GDP -0.88%
Austria Household Final Consumption Expenditure (DISCONTINUED) (NSA) 2016 53.07% of GDP -0.24%
Austria Net Trade in Goods and Services (NSA) 2018 16.66B USD 27.22%
Austria Trade (NSA) 2018 107.8% of GDP 2.88%
Consumer Prices (View all 1)
Austria Consumer Price Index May 2020 107.82 -0.86%
Austria Core Inflation Rate May 2020 1.50% -31.82%
Austria Inflation (NSA) 2019 1.53% -23.39%
Austria Inflation Rate May 2020 0.60% -60.00%
Employment (View all 1)
Austria Unemployment Rate May 2020 5.40% 3.85%
Austria Youth Unemployment Rate May 2020 11.80% 2.61%
Energy (View all 1)
Austria Gas Rig Count May 2020 0.00
Austria Petroleum Products Demand Apr 2020 810.00K mt -14.29%
GDP (View all 1)
Austria GDP (SCA) Q1 2020 97.97B EUR -2.29%
Austria Real GDP Growth (SCA) Q1 2020 -2.60%
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) 2024 56.30% of GDP -4.90%
Government Receipts and Outlays (View all 1)
Austria General Government Final Consumption Expenditure (NSA) 2018 19.32% of GDP -0.88%
Austria Military Expenditure (NSA) 2018 2.853B EUR 2.00%
Austria Profit Tax (NSA) 2019 17.10% 0.00%
Austria Tax Revenue (NSA) 2018 97.99B EUR 4.37%
Infrastructure (View all 1)
Austria Secure Internet Servers (NSA) 2019 26268.50 /mil ppl 57.25%
Interest Rates (View all 1)
Austria Long Term Interest Rate May 2020 -0.10%
International Transactions (View all 1)
Austria Net Trade in Goods and Services (NSA) 2018 16.66B USD 27.22%
Military (View all 3)
Austria Military Expenditure (NSA) 2018 2.853B EUR 2.00%
Monetary (View all 1)
Austria TARGET Transactions Value May 2020 481.90B EUR -7.58%
Population (View all 1)
Austria Population Density (NSA) 2018 107.13 Ppl/kmĀ² 0.49%
Austria Population Outlook (NSA) 2024 9.217M 0.50%
Sentiment Surveys (View all 1)
Austria Consumer Confidence Indicator Jun 2020 -8.30
Austria Economic Sentiment Indicator Jun 2020 77.10 12.06%
View and sort all 847 Austria Indicators

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