Austria GDP Annual Growth Rate  1997-2017 | Data | Chart | Calendar

The Austrian gross domestic product expanded 2.6 percent year-on-year in the second quarter of 2017, way above the preliminary estimate of 2.2 percent and following an upwardly revised 3.2 percent growth in the previous period, final figures showed. GDP Annual Growth Rate in Austria averaged 1.79 percent from 1997 until 2017, reaching an all time high of 5.60 percent in the first quarter of 2011 and a record low of -5.90 percent in the second quarter of 2009.

Austria GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-05-31 07:00 AM GDP Growth Rate YoY Final 2.3% 1.7% 2% 2%
2017-07-28 07:00 AM GDP Growth Rate YoY Flash 2.2% 2.5% 2.5%
2017-09-25 07:30 AM GDP Growth Rate YoY Final 2.6% 3.2% 2.2% 2.2%
2017-10-31 08:00 AM GDP Growth Rate YoY Flash 2.6% 2.6%
2017-11-30 08:00 AM GDP Growth Rate YoY Final 2.6% 2.6%


Austria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.90 1.20 -1.40 percent [+]
GDP Annual Growth Rate 2.60 3.20 5.60 -5.90 percent [+]
GDP 386.43 376.97 438.38 6.59 USD Billion [+]
GDP Constant Prices 80590.70 78637.26 82567.02 36766.30 EUR Million [+]
Gross National Product 353.30 344.49 167219.00 176.18 EUR Million [+]
Gross Fixed Capital Formation 20405.44 17651.15 20602.57 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 Annual Growth Rate

Knowledge-based sectors are one of the biggest contributors to Austrian GDP. In 2014, more than EUR 9 billion was invested in Research and Development, which comprises a research ratio of nearly 3 percent in relation to the country’s GDP, significantly above the EU average of 2.01 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 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 3.20 5.60 -5.90 1997 - 2017 percent Quarterly
NSA




gdp annual growth rate by Country

Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17