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

Austria's economy advanced 0.7 percent on quarter in the three months to June 2018, easing from a 0.8 percent expansion in the previous period but above market expectations of 0.6 percent. It was the slowest expansion since the last quarter of 2016, preliminary estimates showed. Household consumption growth was stable at 0.5 percent (the same pace as in Q1), fixed investment eased slightly (1.2 percent vs 1.8 percent) while government spending rose more (0.3 percent vs 0.2 percent). Meantime, net external demand continued to contribute positively to growth, as exports and imports rose 0.9 percent each (from 1 percent and 0.8 percent in Q1, respectively). On a yearly basis, Austria's gross domestic product increased by 2.3 percent, following a 3.4 percent rise in the previous quarter. GDP Growth Rate in Austria averaged 0.46 percent from 1996 until 2018, 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
2018-04-27	07:00 AM	GDP Growth Rate QoQ Flash	0.8%	0.9%		0.8%
2018-05-30	07:00 AM	GDP Growth Rate QoQ Final	0.8%	0.9%	0.8%	0.8%
2018-07-31	07:00 AM	GDP Growth Rate QoQ Flash	0.7%	0.8%	0.7%	0.6%
2018-09-25	07:00 AM	GDP Growth Rate QoQ Final		0.8%	0.7%	0.7%
2018-10-31	08:00 AM	GDP Growth Rate QoQ Flash				0.5%
2018-11-30	08:00 AM	GDP Growth Rate QoQ Final

Austria GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.70	0.80	1.20	-1.40	percent	[+]
GDP Annual Growth Rate	2.30	3.40	5.60	-5.90	percent	[+]
GDP	416.60	390.80	441.89	6.59	USD Billion	[+]
GDP Constant Prices	82542.37	81205.03	85186.21	36766.30	EUR Million	[+]
Gross National Product	369.22	353.30	167219.00	176.18	EUR Million	[+]
Gross Fixed Capital Formation	19940.17	17349.56	21055.15	8070.00	EUR Million	[+]
GDP per capita	49129.23	48077.88	49129.23	13031.03	USD	[+]
GDP per capita PPP	45436.69	44464.35	45436.69	31341.90	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 September of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.70	0.80	1.20	-1.40	1996 - 2018	percent	Quarterly	SA

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
Indonesia	4.21	Jun/18	-0.41	4.21	-3.57	%	Quarterly
United States	4.20	Jun/18	2.2	16.7	-10	%	Quarterly
India	1.90	Mar/18	1.8	5.4	-1.7	%	Quarterly
China	1.80	Jun/18	1.4	2.4	1.3	%	Quarterly
Australia	0.90	Jun/18	1.1	4.4	-2	%	Quarterly
Turkey	0.90	Jun/18	1.5	5.6	-5.2	%	Quarterly
Russia	0.85	Mar/18	-0.33	4.1	-5.4	%	Quarterly
Netherlands	0.80	Jun/18	0.6	1.7	-3.6	%	Quarterly
Canada	0.70	Jun/18	0.4	3.1	-2.3	%	Quarterly
Japan	0.70	Jun/18	-0.2	3.2	-4.9	%	Quarterly
Switzerland	0.70	Jun/18	1	2.4	-1.9	%	Quarterly
Singapore	0.60	Jun/18	2.2	36.6	-13.5	%	Quarterly
South Korea	0.60	Jun/18	1	7.8	-7	%	Quarterly
Spain	0.60	Jun/18	0.7	1.6	-1.6	%	Quarterly
Germany	0.50	Jun/18	0.4	4	-4.5	%	Quarterly
Euro Area	0.40	Jun/18	0.4	1.3	-3	%	Quarterly
United Kingdom	0.40	Jun/18	0.2	5	-2.7	%	Quarterly
Brazil	0.20	Jun/18	0.1	3.9	-3.9	%	Quarterly
France	0.20	Jun/18	0.2	8	-5.3	%	Quarterly
Italy	0.20	Jun/18	0.3	6	-2.8	%	Quarterly
Saudi Arabia	-0.05	Mar/18	0.05	8.5	-2.1	%	Quarterly
Mexico	-0.20	Jun/18	1	3.2	-5.7	%	Quarterly
South Africa	-0.70	Jun/18	-2.6	7.6	-6.1	%	Quarterly
Argentina	-4.00	Jun/18	0.7	5	-5.7	%	Quarterly