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

Austria's economy advanced 0.8 percent on quarter in the three months to March 2018, in line with the preliminary estimate and compared with a 0.9 percent growth in the previous three month-period. It was the slowest expansion since the second quarter of 2017. Household consumption was stable (0.4 percent, the same pace as in Q4), fixed investment eased slightly (0.9 percent vs 1.0 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 rose 0.9 percent (1.6 percent in Q4) and imports advanced at a slower 0.6 percent (1.1 percent in Q4). On a yearly basis, Austria's gross domestic product increased by 3.4 percent, compared with the preliminary estimate of 3.1 percent and an upwardly revised 3.2 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
2018-02-28	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	0.8%	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		0.8%		0.70%
2018-08-31	07:30 AM	GDP Growth Rate QoQ Final
2018-10-31	08:00 AM	GDP Growth Rate QoQ Flash				0.60%

Austria GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.80	0.90	1.20	-1.40	percent	[+]
GDP Annual Growth Rate	3.40	3.20	5.60	-5.90	percent	[+]
GDP	386.43	376.97	438.38	6.59	USD Billion	[+]
GDP Constant Prices	81205.03	85186.21	85186.21	36766.30	EUR Million	[+]
Gross National Product	369.22	353.30	167219.00	176.18	EUR Million	[+]
Gross Fixed Capital Formation	17349.56	21055.15	21055.15	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 June of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.80	0.90	1.20	-1.40	1996 - 2018	percent	Quarterly	SA

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
United States	2.20	Mar/18	2.9	16.9	-10	%	Quarterly
Turkey	2.00	Mar/18	1.7	5.6	-5.2	%	Quarterly
India	1.90	Mar/18	1.8	5.4	-1.7	%	Quarterly
China	1.40	Mar/18	1.6	2.4	1.3	%	Quarterly
Mexico	1.10	Mar/18	0.9	3.2	-5.7	%	Quarterly
Australia	1.00	Mar/18	0.5	4.4	-2	%	Quarterly
South Korea	1.00	Mar/18	-0.2	7.8	-7	%	Quarterly
Spain	0.70	Mar/18	0.7	1.6	-1.6	%	Quarterly
Netherlands	0.60	Mar/18	0.9	1.7	-3.2	%	Quarterly
Switzerland	0.60	Mar/18	0.6	2.3	-1.6	%	Quarterly
Brazil	0.40	Mar/18	0.2	3.6	-4.1	%	Quarterly
Euro Area	0.40	Mar/18	0.7	1.3	-2.9	%	Quarterly
Canada	0.30	Mar/18	0.4	3.1	-2.3	%	Quarterly
Germany	0.30	Mar/18	0.6	4	-4.5	%	Quarterly
Italy	0.30	Mar/18	0.4	6	-2.8	%	Quarterly
France	0.20	Mar/18	0.7	7.7	-5	%	Quarterly
United Kingdom	0.10	Mar/18	0.4	5	-2.7	%	Quarterly
Japan	-0.20	Mar/18	0.3	3.2	-4.9	%	Quarterly
Russia	-0.38	Dec/17	0.04	4.1	-5.4	%	Quarterly
Indonesia	-0.42	Mar/18	-1.7	4.01	-3.57	%	Quarterly