Austria GDP Growth Rate  1996-2017 | Data | Chart | Calendar | Forecast

Austria's economy advanced 0.7 percent on quarter in the the first three months of 2017, following an upwardly revised 0.6 percent expansion in the previous period and better than an initial estimate of a 0.6 percent growth. The net external demand contributed positively, as exports rose 2.4 percent (0.3 percent in Q4) and imports went up at a slower 2 percent (0.6 percent in Q4). Meantime, household consumption (0.4 percent from 0.5 percent in Q4) and fixed investment (1 percent from 1.2 percent in Q4) eased while government expenditure was steady at 0.5 percent. Year-on-year, the GDP grew 2.3 percent compared to a downwardly revised 1.6 percent in the previous period. GDP Growth Rate in Austria averaged 0.44 percent from 1996 until 2017, reaching an all time high of 1.20 percent in the third quarter of 1999 and a record low of -1.60 percent in the first quarter of 2009.

Austria GDP Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-02-28 08:00 AM Q4 0.5% 0.5% 0.5% 0.5%
2017-04-28 07:00 AM Q1 0.6% 0.5% 0.6% 0.5%
2017-05-31 07:00 AM Q1 0.7% 0.5% 0.6% 0.6%
2017-07-28 07:00 AM Q2 0.7% 0.6%
2017-08-31 07:00 AM Q2 0.7% 0.6%
2017-10-31 07:00 AM Q3 0.5%




Austria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.60 1.20 -1.60 percent [+]
GDP Annual Growth Rate 2.30 1.60 5.20 -5.80 percent [+]
GDP 376.95 438.38 438.38 6.59 USD Billion [+]
GDP Constant Prices 77688.21 81995.43 81995.43 36766.30 EUR Million [+]
Gross National Product 349.49 337.00 167219.00 176.00 EUR Million [+]
Gross Fixed Capital Formation 16442.86 20073.35 20073.35 8070.00 EUR Million [+]
GDP per capita 47754.60 47684.00 47946.06 13087.94 USD [+]
GDP per capita PPP 44048.40 44122.70 44365.10 31265.30 USD [+]


Austria GDP Growth Rate Notes

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.60 1.20 -1.60 1996 - 2017 percent Quarterly
SA



gdp growth rate by Country

Last
India 1.50 Mar/17
Turkey 1.40 Mar/17
China 1.30 Mar/17
United States 1.20 Mar/17
South Korea 1.10 Mar/17
Brazil 1.00 Mar/17
Canada 0.90 Mar/17
Spain 0.80 Mar/17
Mexico 0.70 Mar/17
Euro Area 0.60 Mar/17
Germany 0.60 Mar/17
France 0.50 Mar/17
Italy 0.40 Mar/17
Netherlands 0.40 Mar/17
Australia 0.30 Mar/17
Japan 0.30 Mar/17
Switzerland 0.30 Mar/17
United Kingdom 0.20 Mar/17
Indonesia -0.34 Mar/17
Russia -0.57 Sep/15