The Gross Domestic Product (GDP) in Austria expanded 0.10 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Austria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the growth of the real gross domestic product (GDP) in Austria was about -1.17 percent. Between 1980 and 2024, the figure dropped by approximately 3.48 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 2.04 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Full Year GDP Growth in Austria decreased to -1.30 percent in 2024 from -0.70 percent in 2023. This dataset includes a chart with historical data for Austria Full Year GDP Growth.

Austria: Economic growth: the rate of change of real GDP: The latest value from 2024 is -1.17 percent, a decline from -0.95 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Austria from 1961 to 2024 is 2.57 percent. The minimum value, -6.32 percent, was reached in 2020 while the maximum of 7.12 percent was recorded in 1970.

Key information about Austria Real GDP Growth

• The Gross Domestic Product (GDP) in Austria expanded 1.8 % YoY in Mar 2023, following a growth of 2.9 % in the previous quarter.
• Real GDP Growth YoY data in Austria is updated quarterly, available from Mar 1989 to Mar 2023, with an average rate of 2.3 %.
• The data reached an all-time high of 12.5 % in Jun 2021 and a record low of -13.6 % in Jun 2020.

CEIC calculates Real GDP Growth from quarterly Real GDP. The Austrian Institute of Economic Research provides Real GDP in EUR based on ESA 2010, at chain linked 2015 prices. Real GDP Growth prior to Q1 1996 is calculated from Real GDP based on ESA 1995, at chain linked 2005 prices.


Related information about Austria Real GDP Growth

• In the latest reports, Nominal GDP of Austria reached 126.6 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 7.3 % in Mar 2023.
• GDP Per Capita in Austria reached 53,660.7 USD in Dec 2021.
• Its Gross Savings Rate was measured at 30.6 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 26.2 % in Mar 2023.
• Public Consumption accounted for 19.4 % in Mar 2023.
• Private Consumption accounted for 50.0 % in Mar 2023.

Key information about Austria Nominal GDP Growth

• Austria Nominal GDP Growth was reported at 1.931 % in Dec 2024.
• This records a decrease from the previous number of 2.185 % for Sep 2024.
• Austria Nominal GDP Growth data is updated quarterly, averaging 3.547 % from Mar 1996 to Dec 2024, with 116 observations.
• The data reached an all-time high of 14.263 % in Jun 2021 and a record low of -11.407 % in Jun 2020.
• Austria Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Austrian Institute of Economic Research provides Nominal GDP in EUR.

Austria: Economic growth forecast: The latest value from 2030 is 0.87 percent, a decline from 1.07 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Austria from 1980 to 2030 is 1.67 percent. The minimum value, -6.32 percent, was reached in 2020 while the maximum of 5.28 percent was recorded in 2022.

Historical chart and dataset showing Austria economic growth by year from 1960 to 2018.

The latest data from show economic growth of 0.1 percent, which is an increase from the rate of growth of -0.4 percent in the previous quarter and
an increase compared to the growth rate of -1.6 percent in the same quarter last year. The economic growth time series for Austria cover the period...

Based on estimates made by the European Commission so far for 2024, the GDP in Austria will increase by *** percent, compared to the previous year. The Austrian National Bank predicted a growth of *** percent.

Austria AT: GDP: Growth data was reported at -0.955 % in 2023. This records a decrease from the previous number of 5.278 % for 2022. Austria AT: GDP: Growth data is updated yearly, averaging 2.565 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 7.123 % in 1970 and a record low of -6.318 % in 2020. Austria AT: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Austria – Table AT.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Austria - Real GDP growth rate was -1.00% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Austria - Real GDP growth rate - last updated from the EUROSTAT on August of 2025. Historically, Austria - Real GDP growth rate reached a record high of 5.30% in December of 2022 and a record low of -6.30% in December of 2020.

The gross domestic product (GDP) in current prices in Austria amounted to about 521.27 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 440.79 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 106.99 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

GDP growth of Austria rocketed by 22.89% from -1.0 % in 2023 to -1.2 % in 2024. Since the 175.90% drop in 2021, GDP growth sank by 124.47% in 2024. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Economic growth, quarterly in Austria, June, 2025 The most recent value is 0.1 percent as of Q2 2025, no change compared to the previous value of 0.1 percent. Historically, the average for Austria from Q2 1995 to Q2 2025 is 0.4 percent. The minimum of -11.9 percent was recorded in Q2 2020, while the maximum of 11.5 percent was reached in Q3 2020. | TheGlobalEconomy.com

Austria AT: GDP: Growth: GNI data was reported at 3.624 % in 2022. This records a decrease from the previous number of 5.319 % for 2021. Austria AT: GDP: Growth: GNI data is updated yearly, averaging 2.431 % from Dec 1971 (Median) to 2022, with 52 observations. The data reached an all-time high of 6.048 % in 1972 and a record low of -5.086 % in 2020. Austria AT: GDP: Growth: GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Austria – Table AT.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Austria AT: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at -1.812 % in 2023. This records a decrease from the previous number of 3.809 % for 2022. Austria AT: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 2.236 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 6.749 % in 1970 and a record low of -7.020 % in 2020. Austria AT: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Austria – Table AT.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Graph and download economic data for Real Gross Domestic Product for Austria (CLVMNACSCAB1GQAT) from Q1 1995 to Q2 2025 about Austria, real, and GDP.

Historical dataset showing Austria economic growth by year from 1960 to 2018.

The Gross Domestic Product (GDP) in Austria was worth 521.64 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Austria represents 0.49 percent of the world economy. This dataset provides the latest reported value for - Austria GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.