Austria GDP Growth Rate 1996-2018 | Data | Chart | Calendar | Forecast

Austria's economy expanded 0.8 percent on quarter in the three months to March 2018, easing from a 0.9 percent growth in the previous three-month period, as household consumption increased at a softer 0.3 percent (vs 0.4 percent in Q4 2017) and fixed investment rose 0.8 percent (vs 0.9 percent in Q4). Meanwhile, net external demand continued to contribute positively to GDP growth, as exports advanced 0.8 percent (vs 1.7 percent in Q4) and imports went up at a slower 0.5 percent (vs 0.9 percent in Q4). Also, government spending rose 0.3 percent, after a 0.2 percent gain in the fourth quarter. On a yearly basis, Austria's gross domestic product rose by 3.1 percent in the first quarter, the same pace as in the previous period. GDP Growth Rate in Austria averaged 0.46 percent from 1996 until 2018, reaching an all time high of 1.20 percent in the first quarter of 1998 and a record low of -1.40 percent in the first quarter of 2009.

Austria GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-31 08:00 AM GDP Growth Rate QoQ Flash 0.8% 0.9% 0.8% 0.7%
2018-02-28 08:00 AM GDP Growth Rate QoQ Final 0.9% 0.9% 0.8% 0.8%
2018-04-27 07:00 AM GDP Growth Rate QoQ Flash 0.8% 0.9% 0.8%
2018-05-30 07:00 AM GDP Growth Rate QoQ Final 0.9% 0.8% 0.8%
2018-07-31 07:00 AM GDP Growth Rate QoQ Flash 0.90%
2018-08-31 07:30 AM GDP Growth Rate QoQ Final


Austria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.90 1.20 -1.40 percent [+]
GDP Annual Growth Rate 3.10 3.10 5.60 -5.90 percent [+]
GDP 386.43 376.97 438.38 6.59 USD Billion [+]
GDP Constant Prices 84946.36 82266.24 84946.36 36766.30 EUR Million [+]
Gross National Product 369.22 353.30 167219.00 176.18 EUR Million [+]
Gross Fixed Capital Formation 20977.50 19629.67 20977.50 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 Growth Rate

Austria's economy features a large service sector (63 percent of total GDP), a solid industrial sector (25 percent), and a small, but highly developed agricultural sector (1 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 Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.90 1.20 -1.40 1996 - 2018 percent Quarterly
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GDP growth rate by Country
Country Last
United States 2.30 Mar/18
India 1.80 Dec/17
Turkey 1.80 Dec/17
China 1.40 Mar/18
Mexico 1.10 Mar/18
South Korea 1.10 Mar/18
Netherlands 0.80 Dec/17
Spain 0.70 Mar/18
Germany 0.60 Dec/17
Switzerland 0.60 Dec/17
Australia 0.40 Dec/17
Canada 0.40 Dec/17
Euro Area 0.40 Mar/18
Japan 0.40 Dec/17
France 0.30 Mar/18
Italy 0.30 Mar/18
Brazil 0.10 Dec/17
United Kingdom 0.10 Mar/18
Russia -0.38 Dec/17
Indonesia -1.70 Dec/17


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