Austria GDP Growth Rate 1996-2018 | Data | Chart | Calendar | Forecast

Austria's economy expanded 0.9 percent on quarter in the last three months of 2017, slightly higher than a preliminary reading of 0.8 percent and the same as in the previous quarter. Exports rose faster than anticipated and net trade accounted for a third of the quarter's GDP growth. Exports increased 1.9 percent (above 1.3 percent in Q3 and 1.8 percent in the preliminary estimate) and imports advanced at a slower 1.3 percent (1.1 percent in Q3 and 1.7 percent in the previous estimate). Household consumption advanced 0.4 percent, the same as in Q3 and in line with preliminary figures; government spending expanded 0.6 percent compared to 0.5 percent in the previous period and also matching earlier estimates; gross fixed capital formation went up 0.8 percent, below 1.2 percent in Q3. Year-on-year, the GDP expanded 2.9 percent, below 3.1 percent in Q3 but above 2.8 percent in the preliminary reading. Considering 2017 as a whole, the GDP grew 2.9 percent, the most since 2011. GDP Growth Rate in Austria averaged 0.45 percent from 1996 until 2017, reaching an all time high of 1.20 percent in the first quarter of 1998 and a record low of -1.40 percent in the first quarter of 2009.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2017-11-30	08:00 AM	GDP Growth Rate QoQ Final	0.9%	0.8%	0.8%	0.8%
2018-01-31	08:00 AM	GDP Growth Rate QoQ Flash	0.8%	0.9%	0.8%	0.7%
2018-02-28	08:00 AM	GDP Growth Rate QoQ Final	0.9%	0.9%	0.8%	0.8%
2018-04-27	07:00 AM	GDP Growth Rate QoQ Flash		0.9%		0.8%
2018-05-30	07:00 AM	GDP Growth Rate QoQ Final		0.9%
2018-07-31	07:00 AM	GDP Growth Rate QoQ Flash				0.90%

Austria GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.90	0.90	1.20	-1.40	percent	[+]
GDP Annual Growth Rate	2.90	3.10	5.60	-5.90	percent	[+]
GDP	386.43	376.97	438.38	6.59	USD Billion	[+]
GDP Constant Prices	84946.36	82266.24	84946.36	36766.30	EUR Million	[+]
Gross National Product	369.22	353.30	167219.00	176.18	EUR Million	[+]
Gross Fixed Capital Formation	20977.50	19629.67	20977.50	8070.00	EUR Million	[+]
GDP per capita	47703.91	47629.62	47943.20	13087.16	USD	[+]
GDP per capita PPP	44143.70	44074.95	44365.13	31265.29	USD	[+]

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. . This page provides - Austria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.90	0.90	1.20	-1.40	1996 - 2017	percent	Quarterly	SA

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
United States	2.90	Dec/17	3.2	16.9	-10	%	Quarterly
India	1.80	Dec/17	1.8	5.4	-1.7	%	Quarterly
Turkey	1.80	Dec/17	1.3	5.6	-5.2	%	Quarterly
China	1.40	Mar/18	1.6	2.4	1.3	%	Quarterly
South Korea	1.10	Mar/18	-0.2	7.8	-7	%	Quarterly
Mexico	0.80	Dec/17	-0.2	2.9	-5.8	%	Quarterly
Netherlands	0.80	Dec/17	0.4	1.7	-3.2	%	Quarterly
France	0.70	Dec/17	0.5	7.7	-5	%	Quarterly
Spain	0.70	Dec/17	0.7	1.6	-1.6	%	Quarterly
Euro Area	0.60	Dec/17	0.7	1.3	-2.9	%	Quarterly
Germany	0.60	Dec/17	0.7	4	-4.5	%	Quarterly
Switzerland	0.60	Dec/17	0.7	2.3	-1.6	%	Quarterly
Australia	0.40	Dec/17	0.7	4.4	-2	%	Quarterly
Canada	0.40	Dec/17	0.4	3.33	-2.3	%	Quarterly
Japan	0.40	Dec/17	0.6	3.2	-4.9	%	Quarterly
United Kingdom	0.40	Dec/17	0.5	5	-2.7	%	Quarterly
Italy	0.30	Dec/17	0.4	6	-2.8	%	Quarterly
Brazil	0.10	Dec/17	0.2	3.6	-4.1	%	Quarterly
Russia	-0.38	Dec/17	0.04	4.1	-5.4	%	Quarterly
Indonesia	-1.70	Dec/17	3.19	4.01	-3.57	%	Quarterly