Austria's economy expanded 4.6 percent in 2021, partially recovering from a record 6.5 percent contraction in 2020. source: Statistics Austria

Full Year GDP Growth in Austria averaged 1.62 percent from 1996 until 2021, reaching an all time high of 4.60 percent in 2021 and a record low of -6.50 percent in 2020. This page includes a chart with historical data for Austria Full Year GDP Growth. Austria Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Full Year GDP Growth in Austria is expected to reach 0.90 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Full Year GDP Growth is projected to trend around 1.40 percent in 2024 and 1.90 percent in 2025, according to our econometric models.

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Austria Full Year GDP Growth


Austria Full Year GDP Growth
In Austria, household consumption is the main component of GDP and accounts for 54 percent, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Net exports of goods and services adds 3 percent to the GDP as exports accounts for 53 percent and imports for 50 percent.
Actual Previous Highest Lowest Dates Unit Frequency
4.60 -6.50 4.60 -6.50 1996 - 2021 percent Yearly
NSA