The current account balance in Austria shifted to a EUR 416 million deficit in the second quarter of 2019 from a EUR 546 million surplus in the corresponding period of the previous year. The goods surplus narrowed to EUR 895 million from EUR 1,774 million a year earlier and the services surplus fell to EUR 327 million from EUR 648 million. Also, the primary income gap widened to EUR 940 million from EUR 914 million. On the other hand, the secondary income shortfall decreased to EUR 698 million from EUR 962 million a year ago. Current Account in Austria averaged 1025.36 EUR Million from 1995 until 2019, reaching an all time high of 6171 EUR Million in the first quarter of 2008 and a record low of -2353 EUR Million in the second quarter of 1996.

Current Account in Austria is expected to be 1200.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Austria to stand at 1190.00 in 12 months time. In the long-term, the Austria Current Account is projected to trend around 1220.00 EUR Million in 2020, according to our econometric models.

Austria Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-21 09:00 AM Current Account Q3 €850M €961M €1476M
2019-03-29 09:00 AM Current Account Q4 €1907M €692M € 1220M
2019-06-28 07:30 AM Current Account Q1 €5424M €1907M € 4150M
2019-09-30 08:00 AM Current Account Q2 €-416M €4854M € 1200M
2019-12-23 09:00 AM Current Account Q3 €-416M


Austria Trade Last Previous Highest Lowest Unit
Balance of Trade -889.00 -25.00 581.00 -1256.00 EUR Million [+]
Current Account -416.00 4854.00 6171.00 -2353.00 EUR Million [+]
Current Account to GDP 2.30 2.00 4.50 -5.10 percent [+]
Imports 14334.00 12154.00 14750.00 61.00 EUR Million [+]
Exports 13445.00 12129.00 14130.00 59.00 EUR Million [+]
External Debt 609566.00 596429.00 633042.00 129499.00 EUR Million [+]
Capital Flows 30.00 6262.00 7260.00 -4752.00 EUR Million [+]
Remittances 56.00 77.00 104.00 53.00 EUR Million [+]
Tourist Arrivals 5698.57 5357.17 5698.57 355.20 Thousand [+]
Gold Reserves 279.99 280.00 407.48 279.99 Tonnes [+]
Terrorism Index 1.85 1.52 3.16 0.00 [+]
Weapons Sales 5.00 22.00 248.00 1.00 USD Million [+]
Crude Oil Production 12.00 13.00 25.00 11.00 BBL/D/1K [+]
Foreign Direct Investment 414.00 2608.00 55085.00 -24187.00 EUR Million [+]


Austria Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Austria Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Current Account - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-416.00 4854.00 6171.00 -2353.00 1995 - 2019 EUR Million Quarterly




Country Last Previous
Argentina -2560.58 Jun/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 461.67 Jun/19
Euro Area 29.84 Jul/19
France -2487.00 Aug/19
Germany 16900.00 Aug/19
India -14315.70 Jun/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 2157.71 Aug/19
Mexico 5142.70 Jun/19
Netherlands 13615.80 Jun/19
Russia 12900.00 Sep/19
Saudi Arabia 12407.00 Jun/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 5270.00 Aug/19
Spain 3237.00 Jul/19
Switzerland 21272.85 Jun/19
Turkey 2604.00 Aug/19
United Kingdom -25200.00 Jun/19
United States -128188.00 Jun/19


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