Austria's economy grew 1.1 percent year-on-year in the first quarter of 2019, much slower than 2.4 percent in the previous quarter and marking the weakest expansion since Q2 2015. GDP Annual Growth Rate in Austria averaged 1.86 percent from 1997 until 2019, reaching an all time high of 5.60 percent in the first quarter of 2011 and a record low of -6 percent in the second quarter of 2009.

GDP Annual Growth Rate in Austria is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Austria to stand at 1.80 in 12 months time. In the long-term, the Austria GDP Annual Growth Rate is projected to trend around 1.40 percent in 2020, according to our econometric models.

Austria GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-30 08:00 AM GDP Growth Rate YoY Final 2.2% 2.7% 2.4% 2.4%
2019-01-30 08:00 AM GDP Growth Rate YoY Flash 2.3% 2.2% 2.1%
2019-03-01 08:00 AM GDP Growth Rate YoY Final 2.4% 2.2% 2.3%
2019-04-30 07:00 AM GDP Growth Rate YoY Flash 1.1% 2.4% 1.9%
2019-05-29 07:00 AM GDP Growth Rate YoY Final 2.4% 1.1%
2019-07-30 07:00 AM GDP Growth Rate YoY Flash 1.3%
2019-08-30 07:30 AM GDP Growth Rate YoY Final 1.3%


Austria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 0.40 1.10 -1.40 percent [+]
GDP Annual Growth Rate 1.10 2.40 5.60 -6.00 percent [+]
GDP 416.60 390.80 441.89 6.59 USD Billion [+]
GDP Constant Prices 87197.51 83627.52 87197.51 36766.30 EUR Million [+]
Gross National Product 386.09 369.22 167219.00 176.18 EUR Million [+]
Gross Fixed Capital Formation 22088.92 20594.95 22088.92 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 Annual Growth Rate

In Austria, 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 2.40 5.60 -6.00 1997 - 2019 percent Quarterly
NSA




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Mexico 1.30 Mar/19
Singapore 1.30 Mar/19
Euro Area 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Japan 0.30 Dec/18
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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