Austria GDP Annual Growth Rate: -0.6% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Austria is estimated to be $421 Billion US dollars at the end of 2024.

The economy of Austria has grown at an average annual growth rate of 2.1% in the last four years and is ranked the 13th largest economy in Europe, ahead of Czechia.

World Economics Rates Austria's Offical GDP Data as Grade A

GDP Annual Growth Rate: Austria


Source: World Bank, World Economics
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Economic Indicators: Austria 2021 2022 2023 2024
GDP Annual Growth Rate (%) 4.8 5.3 -1.0 -0.6
GDP per Capita Annual Growth Rate (%) 4.3 4.3 -1.9 -0.5
Real GDP (US$ Billions, 2010) 406 427 423 421
Real GDP per Capita (US$, 2010) 45,313 47,251 46,339 46,103
Current GDP (Billions, US$) 480 472 512 509
Current GDP per Capita (US$) 53,649 52,177 56,034 55,748
Real GDP PPP (Billions, 2017) 568 597 592 589
Real GDP per Capita PPP (int$ 2017) 53,599 55,970 56,439 55,383
Data Quality Rating for Austria See how much you can trust Austria's GDP Data





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