Austria's economy grew by 2.2 percent year-on-year in the third quarter of 2018, below a preliminary estimate of 2.4 percent and following a 2.7 percent expansion in the previous period. GDP Annual Growth Rate in Austria averaged 1.86 percent from 1997 until 2018, 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 2.10 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 2.30 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
2018-07-31 07:00 AM GDP Growth Rate YoY Flash 2.3% 3.4% 3.1%
2018-09-25 07:30 AM GDP Growth Rate YoY Final 2.7% 3.7% 2.3% 2.3%
2018-10-31 08:00 AM GDP Growth Rate YoY Flash 2.4% 2.7% 2.8%
2018-11-30 08:00 AM GDP Growth Rate YoY Final 2.2% 2.7% 2.4% 2.4%
2019-01-31 08:00 AM GDP Growth Rate YoY Flash 2.2% 2%
2019-02-28 08:00 AM GDP Growth Rate YoY Final 2.2% 2%
2019-04-26 07:00 AM GDP Growth Rate YoY Flash 1.70%


Austria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.60 1.10 -1.40 percent [+]
GDP Annual Growth Rate 2.20 2.70 5.60 -6.00 percent [+]
GDP 416.60 390.80 441.89 6.59 USD Billion [+]
GDP Constant Prices 83627.52 82726.65 85176.95 36766.30 EUR Million [+]
Gross National Product 369.22 353.30 167219.00 176.18 EUR Million [+]
Gross Fixed Capital Formation 20594.95 19907.63 21507.05 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.70 5.60 -6.00 1997 - 2018 percent Quarterly
NSA




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