Austria Current Account to GDP  1980-2017 | Data | Chart | Calendar

Austria's current account surplus in 2015 widened to €8.6 billion, or 2.6 percent of gross domestic product, preliminary figures released by the Austrian National Bank showed. Rising exports of goods and services, including a record year for tourism, contributed to the rise from €6.4 billion in 2014. Current Account to GDP in Austria averaged 0.36 percent from 1980 until 2015, reaching an all time high of 4.50 percent in 2008 and a record low of -5.10 percent in 1980.

Austria Current Account to GDP
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Austria Trade Last Previous Highest Lowest Unit
Balance of Trade -159.00 -639.00 581.00 -1256.00 EUR Million [+]
Exports 11404.00 10448.00 12229.00 59.00 EUR Million [+]
Imports 11563.00 11087.00 12326.00 61.00 EUR Million [+]
Current Account 586.00 713.00 6171.00 -2353.00 EUR Million [+]
Current Account to GDP 2.60 2.10 4.50 -5.10 percent [+]
External Debt 601364.00 612435.00 633456.00 129499.00 EUR Million [+]
Capital Flows 3087.00 -1226.00 7260.00 -4752.00 EUR Million [+]
Remittances 58.00 77.00 104.00 53.00 EUR Million [+]
Tourist Arrivals 4015.00 3481.70 5254.07 961.33 Thousand [+]
Gold Reserves 279.99 279.99 407.48 279.99 Tonnes [+]
Crude Oil Production 17.00 15.00 25.00 15.00 BBL/D/1K [+]
Foreign Direct Investment -7553.00 3520.00 55085.00 -25179.00 EUR Million [+]
Weapons Sales 14.00 15.00 348.00 1.00 USD Million [+]
Terrorism Index 0.18 2.09 3.16 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Austria Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Austria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.10 4.50 -5.10 1980 - 2015 percent Yearly



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