Austria Productivity  Forecast


Productivity in Austria is expected to be 107.92 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Austria to stand at 103.61 in 12 months time. In the long-term, the Austria Productivity is projected to trend around 105.84 Index Points in 2020, according to our econometric models.


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Austria Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7.5 10 8.8 7.7 7.9 9.2
Employed Persons 3705 3671 3661 3648 3636 3536
Unemployed Persons 302843 272209 261726 254523 245298 216938
Long Term Unemployment Rate 1.9 1.77 1.74 1.7 1.67 1.52
Youth Unemployment Rate 10.2 9.66 9.64 9.53 9.44 8.87
Labour Costs 116 112 110 114 111 113
Job Vacancies 62445 58704 54193 50296 47030 33685
Wages 2598 2634 2640 2647 2654 2704
Wages in Manufacturing 132 132 132 132 132 132
Population 8.77 8.77 8.81 8.81 8.81 8.88
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Employment Change 0.4 0.28 0.24 0.22 0.21 0.23
Employment Rate 72.2 71.7 71.28 71.96 72.24 71.56
Full Time Employment 2940 3003 2969 2987 3013 3001
Productivity 104 108 105 105 104 106
Part Time Employment 1170 1174 1173 1173 1173 1164
Labor Force Participation Rate 60.5 61.12 60.68 61.04 61.38 60.96
Living Wage Family 1318 1350 1350 1350 1350 1350
Living Wage Individual 1037 1052 1053 1053 1053 1053
Wages High Skilled 3510 3382 3376 3372 3369 3362
Wages Low Skilled 1690 1442 1437 1434 1432 1429