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. source: Statistics Austria
The Gross Domestic Product (GDP) in Austria stagnated 0 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Austria averaged 0.40 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 August of 2026.
The Gross Domestic Product (GDP) in Austria stagnated 0 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.