The Gross Domestic Product (GDP) in Austria expanded 12 percent in the second quarter of 2021 over the same quarter of the previous year, faster than flash estimates of 11.4 percent and following an upwardly revised 4.8 percent contraction in the prior quarter. source: Oesterreichische Nationalbank
GDP Annual Growth Rate in Austria averaged 1.53 percent from 1997 until 2021, reaching an all time high of 12 percent in the second quarter of 2021 and a record low of -13.20 percent in the second quarter of 2020. This page provides - Austria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
GDP Annual Growth Rate in Austria is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria GDP Annual Growth Rate is projected to trend around 3.00 percent in 2022 and 1.40 percent in 2023, according to our econometric models.