Austria’s economy contracted 0.1% quarter-on-quarter in the second quarter of 2026, following a downwardly revised 0.1% expansion in the previous quarter and missing preliminary estimates of no growth. This marked the first contraction since the third quarter of 2024, with higher energy prices weighing on economic activity. “Following 6 quarters of consistently positive economic indicators, we are seeing a slight decline in gross domestic product of 0.1% in the second quarter of 2026 compared with the previous quarter. The economic output was mainly dampened by a further rise in energy prices,” says Manuela Lenk, Director General Statistics of Statistics Austria. On an annual basis, GDP expanded by 0.4% in Q2, easing from a downwardly revised 0.8% growth in Q1. source: Statistics Austria

The Gross Domestic Product (GDP) in Austria contracted 0.10 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Austria averaged 0.41 percent from 1995 until 2026, reaching an all time high of 11.50 percent in the third quarter of 2020 and a record low of -12.60 percent in the second quarter of 2020. This page provides - Austria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) in Austria contracted 0.10 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Austria is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria GDP Growth Rate is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-30 07:00 AM
QoQ Flash
Q2 0% 0.2% 0%
2026-09-03 07:00 AM
QoQ Final
Q2 -0.1% 0.1% 0% 0.0%
2026-10-30 08:00 AM
QoQ Flash
Q3 -0.1% 0%


Related Last Previous Unit Reference
Full Year GDP Growth 0.80 -0.70 percent Dec 2025
GDP 579.47 534.79 USD Billion Dec 2025
GDP Growth Rate YoY 0.40 0.80 percent Jun 2026
GDP Constant Prices 96258.69 96397.37 EUR Million Jun 2026
GDP Growth Rate -0.10 0.10 percent Jun 2026
GDP per Capita 46090.25 45958.83 USD Dec 2025
GDP per Capita PPP 63970.40 63787.99 USD Dec 2025
Gross Fixed Capital Formation 22450.29 22172.53 EUR Million Jun 2026
Gross National Income 493.13 481.10 EUR Billion Dec 2024


Austria GDP Growth Rate
Austria's economy features a large service sector (63 percent of total GDP), a solid industrial sector (25 percent), and a small, but highly developed agricultural sector (1 percent). On the expenditure side, 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
-0.10 0.10 11.50 -12.60 1995 - 2026 percent Quarterly
SA

News Stream
Austria GDP Contracts for First Time Since 2024
Austria’s economy contracted 0.1% quarter-on-quarter in the second quarter of 2026, following a downwardly revised 0.1% expansion in the previous quarter and missing preliminary estimates of no growth. This marked the first contraction since the third quarter of 2024, with higher energy prices weighing on economic activity. “Following 6 quarters of consistently positive economic indicators, we are seeing a slight decline in gross domestic product of 0.1% in the second quarter of 2026 compared with the previous quarter. The economic output was mainly dampened by a further rise in energy prices,” says Manuela Lenk, Director General Statistics of Statistics Austria. On an annual basis, GDP expanded by 0.4% in Q2, easing from a downwardly revised 0.8% growth in Q1.
2026-09-03
Austrian Economy Stalls in Q2
Austria's economy stagnated quarter-on-quarter in Q2 2026, after expanding 0.2% in each of the previous two quarters, according to preliminary estimates. The stagnation reflected higher oil prices triggered by the Iran conflict, which interrupted the economic recovery. Household consumption weakened (-0.1% vs. +0.2% in Q1), while government spending also edged down (-0.1% vs. +1.6%). Gross fixed capital formation rose 0.4% after being broadly unchanged in the previous quarter. Net trade provided little support, with exports increasing 0.5% and imports rising 0.6%. On the production side, industrial output weakened (-0.1% vs. +1.3%) and construction contracted for a second straight quarter (-0.4% vs. -0.6%), while trade and tourism-related services recovered (+0.3% vs. -0.8%). Information, financial, insurance, and real estate services remained resilient (+0.8%). On an annual basis, GDP expanded 0.8%, easing from 0.9% in Q1.
2026-07-30
Austria GDP Grows 0.2% in Q1
The Austrian economy expanded 0.2% quarter-on-quarter in Q1 2026, confirming preliminary estimates and unchanged from the revised figure in the previous period. Growth moderated in household consumption (0.1% vs 0.4% in Q4), while public consumption rose significantly by 1.6%. Fixed investment also stabilized after a 0.9% contraction in the prior period. Net trade weighed on GDP as exports fell 0.7%, outpacing a 0.5% decline in imports. On the production side, growth picked up in manufacturing (1% vs 0.3%), providing a significant growth impetus, while activity also accelerated in real estate (1% vs 0.3%). Meanwhile, output contracted in agriculture, forestry and fishing (-2.2% vs 3.0%), construction (-0.6% vs -0.4%), wholesale and retail trade (-0.2% vs -0.5%), and transportation (-0.9% vs 0%). On a year-on-year basis, GDP expanded 0.9%, revised higher from an initial estimate of 0.6% and following 1% growth in the prior quarter.
2026-06-03