Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.14 1.13 1.13 1.12 1.12 1.1
Stock Market (points) 2987.48 2707 2670 2634 2598 2528
Government Bond 10Y (%) 0.47 0.43 0.46 0.49 0.52 0.58
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.40 0.7 0.6 0.5 0.4 0.3
GDP Annual Growth Rate (%) 2.20 1.9 2.2 2.3 1.8 1.4
Unemployment Rate (%) 8.70 7 7.3 7.5 7.6 7.7
Inflation Rate (%) 1.90 2.4 2.3 2.2 2.1 2
Inflation Rate Mom (%) 0.10 -0.1 0.1 0.2 0.5 0.3
Interest Rate (%) 0.00 0 0 0.25 0.25 0.75
Balance of Trade (EUR Million) -510.70 -535 -820 -404 -676 -736
Current Account (EUR Million) 850.00 4150 1318 828 1190 1220
Current Account to GDP (%) 2.00 2.3 2.3 2.3 2.3 2.5
Government Debt to GDP (%) 78.40 72.3 72.3 72.3 72.3 70.2
Government Budget (% of GDP) -0.70 0.2 0.2 0.2 0.2 0.5
Manufacturing PMI 53.90 55.4 55.1 54.8 54.5 53.4
Consumer Confidence (Index Points) 9.00 3 2 9.39 -1 -2
Retail Sales MoM (%) -0.50 1.2 -1.5 0.04 -0.5 0.1
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 55.00 55 55 55 55 55
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.40 0.7 0.6 0.5 0.4 0.3
GDP Annual Growth Rate (%) 2.20 1.9 2.2 2.3 1.8 1.4
GDP (USD Billion) 416.60 448 448 448 448 464
GDP Constant Prices (EUR Million) 83627.52 82645 83333 84269 85133 86325
Gross National Product (EUR Million) 369.22 372 372 372 376 381
Gross Fixed Capital Formation (EUR Million) 20594.95 17237 20054 20753 20966 21259
GDP per capita (USD) 49129.23 50600 50600 50600 50600 51500
GDP per capita PPP (USD) 45436.69 43949 43949 46110 46110 46352
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 8.70 7 7.3 7.5 7.6 7.7
Wages (EUR/Month) 2646.00 2800 2709 2719 2800 2850
Wages in Manufacturing (Index Points) 135.90 142 136 136 146 150
Population (Million) 8.82 8.85 8.85 8.85 8.85 8.88
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 65.00 65 65 65 65 65
Wages Low Skilled (EUR/Month) 1660.00 1759 1762 1767 1759 1784
Wages High Skilled (EUR/Month) 3590.00 3737 3987 4072 3737 3767
Living Wage Family (EUR/Month) 1560.00 1800 1574 1573 1750 1800
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.90 2.4 2.3 2.2 2.1 2
Inflation Rate Mom (%) 0.10 -0.1 0.1 0.2 0.5 0.3
Consumer Price Index CPI (Index Points) 106.30 107 107 108 108 111
Harmonised Consumer Prices (Index Points) 106.70 108 108 108 109 111
Producer Prices (Index Points) 103.50 104 105 106 113 118
Producer Prices Change (%) 2.50 3.1 2.8 2.5 2.1 0.9
Food Inflation (%) 0.80 1.8 1.9 1.9 2 1.9
CPI Transportation (Index Points) 104.30 104 107 108 108 110
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 0.00 0 0 0.25 0.25 0.75
Interbank Rate (%) -0.31 -0.32 -0.32 -0.27 -0.22 -0.22
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (EUR Million) -510.70 -535 -820 -404 -676 -736
Current Account (EUR Million) 850.00 4150 1318 828 1190 1220
Current Account to GDP (%) 2.00 2.3 2.3 2.3 2.3 2.5
Imports (EUR Million) 14528.00 14209 12738 12747 12165 12425
Exports (EUR Million) 14017.00 13674 11918 12343 11489 11689
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 78.40 72.3 72.3 72.3 72.3 70.2
Government Budget (% of GDP) -0.70 0.2 0.2 0.2 0.2 0.5
Government Budget Value (EUR Million) 2342.00 706 940 880 761 630
Government Spending (EUR Million) 16109.97 15840 16360 16480 16400 16630
Government Spending to GDP (%) 49.10 49.1 49.1 49.1 49.1 49.1
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 55.00 55 55 55 55 55
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 39.60 39.6 39.6 39.6 39.6 39.6
Social Security Rate For Companies (%) 21.48 21.48 21.48 21.48 21.48 21.48
Social Security Rate For Employees (%) 18.12 18.12 18.12 18.12 18.12 18.12
Business Actual Q1 Q2 Q3 Q4 2020
Manufacturing PMI 53.90 55.4 55.1 54.8 54.5 53.4
Industrial Production (%) 5.00 3.1 3.6 3.2 2.8 3
Business Confidence (Index Points) 1.70 2.1 1.5 1.2 1.5 1
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (Index Points) 9.00 3 2 9.39 -1 -2
Retail Sales MoM (%) -0.50 1.2 -1.5 0.04 -0.5 0.1
Retail Sales YoY (%) -0.20 0.7 1.8 2.5 1.1 0.9
Consumer Spending (EUR Million) 40833.60 40799 41118 41147 41569 42151
Bank Lending Rate (%) 1.78 1.78 1.78 1.83 1.88 1.88
Households Debt To Income (%) 84.91 83.86 83.86 83.86 83.86 83.86
Gasoline Prices (USD/Liter) 1.41 1.33 1.3 1.27 1.24 1.24


This page has economic forecasts for Austria including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Austria economy.