Austria Full Year GDP GrowthAustria Full Year GDP GrowthAustria Full Year GDP Growth

Austria Full Year GDP Growth

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
4.80% on Dec 31, 2022
Lowest
−6.60% on Dec 31, 2020

About Austria Full Year GDP Growth


Category
GDP
Frequency
Annual
Units
%
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.