1. Global Data
  2. Country Data
  3. Austria GDP and Economic Data
Featured image for Austria

Austria GDP and Economic Data

Country Report 2017 - Includes Austria real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Austria economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Austria best banks and safest banks are also available.

The Most Peaceful Countries In The World 2019

The Most Peaceful Countries In The World 2019

Institute for Economics and Peace (IEP) reveals the most peaceful countries in the world. Despite living in the most peaceful century in human history, the world has become less peaceful over the last decade. 

 
 
Source
Central bank

Central Bank of the Republic of Austria

Source
International Reserves

USD 13.4 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Source
Gross Domestic Product - GDP

USD 401.1 billion (2017, estimate)

Source
GDP (Purchasing Power Parity)

Intl$ 429.9 billion (2017, estimate)

Source
Real GDP growth
2006 2007 2008 2009 2010 2011 2012
3.4% 3.6% 1.6% -3.8% 1.9% 2.8% 0.8%
2013 2014 2015 2016* 2017*    
0.3% 0.4% 0.9% 1.4% 1.2%    

*Estimate

Source
GDP per capita - current prices

USD 45,798.9 (2017, estimate)

Source
GDP per capita - PPP

Intl$ 49,080.0 (2017, estimate)

Source
GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.64% 0.57% 0.49% 0.39% 0.3%

*Estimate

Source
 
 
Source
GDP - composition by sector
  • agriculture: 1.3% 
  • industry: 28.1%
  • services: 70.6%

(2016 estimate)

Source
Gross domestic expenditure on R&D; (% of GDP)

3.1% (2015)

OECD, data retrieved January 2017

 

Source
Inflation
2013 2014 2015 2016* 2017*
2.1% 1.5% 0.8% 0.9% 1.5%

*Estimate

Source
Unemployment rate
2013 2014 2015 2016* 2017*
5.4% 5.6% 5.7% 6.2% 6.4%

*Estimate

Source
Household saving rates

7.3% (Total, 2015)

Source
Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
80.8% 84.3% 86.2% 84.9% 83.7%

*Estimate

Source
Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-1.3% -2.7% -1.2% -1.6% -1.5%

*Estimate

Source
Government bond ratings

Standard & Poor's: AA+

Moody's: Aa1

Standard & Poor's / Moody's (Updated January 2017)

Source
Market value of publicly traded shares
2013 2014 2015
USD 117.7 billion USD 96.8 billion USD 96.1 billion

*Estimate 

Source
Largest companies

Erste Group Bank, OMV Group, Raiffeisen Bank International, Voestalpine, Uniqa, Vienna Insurance Group, STRABAG, Andritz.

Source
 
 
Source
Current account balance

USD 10.7 billion (2017 estimate)

Source
Current account balance by percentage of GDP

2.7% (2017 estimate)

Source
Exports as percent of GDP (Exports of goods and services)

53.1% (2015)

Source
Shares in world total merchandising export

0.9% (2015)

Source
Shares in world total commercial services export

1.2% (2015)

Source
Total exports

USD 141.9 billion (2016 estimate)

Source
Export commodities

Machinery and equipment, motor vehicles and parts, paper and paperboard, metal goods, chemicals, iron and steel, textiles, foodstuffs

Source
Total imports

USD 138.6 billion (2016 estimate)

Source
 
 
Source
Import commodities

Machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products, natural gas; foodstuffs

Source
Exports - major partners

Germany 29.4%, US 6.4%, Italy 6.1%, Switzerland 5.7%, France 4.4%, Slovakia 4.2% (2015)

Source
Imports - major partners

Germany 41.5%, Italy 6.3%, Switzerland 6%, Czech Republic 4.2% (2015)

Source
FDI inflows
2013 2014 2015
USD 5,720 million USD 9,324 million USD 3,837 million
Source
FDI outflows
2013 2014 2015
USD 15,568 million USD 5,065 million USD 12,399 million
Source
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD 1835.4 million USD 10720.9 million USD 344.5 million USD 4771.1 million
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Source
Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Source
Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 19 out of 190 countries (2016)

Subcategories:

Starting a business: 111 out of 190 countries

Enforcing Contracts: 10 out of 190 countries

Registering Property: 30 out of 190 countries

Getting credit: 62 out of 190 countries

Protecting investors: 32 out of 190 countries

Trading across border: 1 out of 190 countries

Paying Taxes: 42 out of 190 countries

Dealing with Construction Permits: 49 out of 190 countries

Getting Electricity: 20 out of 190 countries

Resolving Insolvency: 20 out of 190 countries

Source
Global competitiveness ranking

19 out of 138 countries

(2016-2017)

Source
Index of Economic Freedom

Ranking: 28 / Score: 71.67 (Mostly free) (2017)

(100=totally free 0=totally repressed)

Source
 
 
Source
Time zone

UTC+1

Source
Total area

83,871 sq km

Source
Capital

Vienna

Source
Currency

Euros (EUR) 

Source
Government type

Federal parliamentary republic

Source
Languages

German (official nationwide) 88.6%, Turkish 2.3%, Serbian 2.2%, Croatian (official in Burgenland) 1.6%, other (includes Slovene, official in South Carinthia, and Hungarian, official in Burgenland) 5.3% (2001 est.)

Source
Religions

Catholic 73.8% (includes Roman Catholic 73.6%, other Catholic 0.2%), Protestant 4.9%, Muslim 4.2%, Orthodox 2.2%, other 0.8% (includes other Christian), none 12%, unspecified 2% (2001 est.)

Source
Total population
1990 2000 2010 2016* 2021*
7.645 million 8.012 million 8.361 million 8.691 million 8.991 million

*Estimate

Source
 
 
Source
Urban population as % of total population
1960 1980 2000 2015
65% 65% 66% 66%
Source
Population median age

43.8 years (2016 estimate)

Source
Population growth rate

0.51% (2016 estimate)

Source
Life expectancy

81.5 years (2016 estimate)

Source
Literacy

N/A

Source
% of population living on less than $3.10 a day

N/A

Source
Inequality of wealth distribution (Gini index)

30.5 (2012)

(0=perfect equality, 100=absolute inequality)

Source
Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2017)

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 42.18%   Mobile 157.41% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Source
Internet users as % of total population

83.93% (2015)

Source
Mercer Cost of living index

Vienna: 54th (2016)

Source
CO2 emissions

7.4 (2013)
 

Source

World's Best Developed & Emerging Markets Banks

2013
2012
2011
2010
2009

World's Best Internet Banks

2013
2011
2010
2009
2005

World’s Best Treasury & Cash Management Providers

2013

World's Best Subcustodian Banks

2013
2012
2011
2010
2009
2005
2003

World’s Best Investment Banks

2014
2013

World’s Best Foreign Exchange Providers

2013
2012
2011
2010
2009
2006
2005
2004
2003

World's Best Banks By Region

2014
2013
2012
2011
2003

World's Best Banks

2014
2013
2013

World’s Best Trade Finance Banks

2014
2012
2011
2010
2009
2003

Best of…

2012
2009
2005
2004

Additional Awards

2014
2013
2012
2010
2009
2008
View all Austria GDP and Economic Data content