Austria | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.40 0.3 0.5 0.4 0.4 0.3 percent [+]
Unemployment Rate 9.00 10.1 9.3 9.2 7.9 9.6 percent [+]
Inflation Rate 1.30 1.2 1.1 1.4 1.6 2.2 percent [+]
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Balance of Trade -785.00 -301 -219 -240 -240 -239 EUR Million [+]
Government Debt to GDP 86.20 86.42 86.47 86.52 86.56 89.52 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 1.08 1.05 1.04 1.03 1.02 0.85 [+]
Stock Market 2523.36 2450 2420 2400 2380 1980 points [+]
Government Bond 10Y 0.53 0.58 0.58 0.59 0.59 0.68 percent [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.40 0.3 0.5 0.4 0.4 0.3 percent [+]
GDP Annual Growth Rate 1.20 1.5 1.4 1.6 1.7 2.1 percent [+]
GDP 374.06 386 389 392 374 464 USD Billion [+]
GDP Constant Prices 77555.70 82092 77635 79033 80751 87582 EUR Million [+]
Gross National Product 337.00 349 352 355 358 392 EUR Million [+]
Gross Fixed Capital Formation 18064.64 21684 14779 18943 19489 24947 EUR Million [+]
GDP per capita 47667.81 48815 48965 49115 49265 51275 USD [+]
GDP per capita PPP 43892.73 45045 45194 45342 45490 47455 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 9.00 10.1 9.3 9.2 7.9 9.6 percent [+]
Employed Persons 3611.10 3546 3539 3599 3602 3578 Thousand [+]
Unemployed Persons 340779.00 368096 365118 338547 343634 352058 [+]
Long Term Unemployment Rate 2.10 2.07 2.04 2.02 2.05 2.04 percent [+]
Youth Unemployment Rate 11.70 11.43 11.44 11.46 11.45 11.45 percent [+]
Labour Costs 108.90 112 109 112 109 112 Index Points [+]
Job Vacancies 40958.00 39065 39447 40919 40757 40341 [+]
Wages 2554.60 2592 2600 2608 2617 2724 EUR/Month [+]
Wages in Manufacturing 130.30 130 130 130 130 140 Index Points [+]
Population 8.58 8.64 8.65 8.67 8.68 8.8 Million [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Employment Change 0.40 0.29 0.27 0.24 0.21 0.22 percent [+]
Employment Rate 71.40 71.54 70.73 71.55 72.32 71.6 percent [+]
Full Time Employment 2982.20 2989 2947 2986 3020 2987 Thousand [+]
Labor Force Participation Rate 61.20 61.12 60.74 61.29 61.66 61.18 percent [+]
Living Wage Family 1950.00 1965 1957 1961 1959 1960 EUR/Month [+]
Living Wage Individual 1150.00 1162 1158 1159 1159 1159 EUR/Month [+]
Part Time Employment 1153.20 1160 1173 1179 1181 1221 Thousand [+]
Productivity 103.90 109 104 104 105 109 Index Points [+]
Wages Low Skilled 1690.00 1692 1692 1692 1692 1692 EUR/Month [+]
Wages High Skilled 3510.00 3458 3444 3435 3429 3416 EUR/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 1.30 1.2 1.1 1.4 1.6 2.2 percent [+]
Inflation Rate Mom 0.30 0.2 0.3 0.3 0.07 0.4 percent [+]
Harmonised Consumer Prices 101.70 102 102 102 102 102 Index Points [+]
Consumer Price Index CPI 101.50 102 102 102 102 102 Index Points [+]
GDP Deflator 111.49 112 112 113 113 116 Index Points [+]
Producer Prices 98.70 98.87 99.08 99.21 99.29 99.43 Index Points [+]
Producer Prices Change -0.60 -0.5 0.2 0.2 0.55 1.8 percent [+]
Food Inflation 1.10 1.02 0.88 0.9 0.91 0.9 percent [+]
Cpi Transportation 99.40 100 99.8 99.87 99.85 99.86 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Interbank Rate -0.31 -0.32 -0.32 -0.33 -0.33 -0.33 percent [+]
Money Supply M1 189444.00 190036 194574 199198 203910 274527 EUR Million [+]
Money Supply M2 303578.00 305748 310420 315271 320331 409512 EUR Million [+]
Money Supply M3 308915.00 309641 313499 317330 321145 371594 EUR Million [+]
Foreign Exchange Reserves 22569.00 22490 22269 22190 22158 22136 EUR Million [+]
Banks Balance Sheet 862612.04 861576 867437 873298 871740 854673 EUR Million [+]
Loans to Private Sector 751008.00 754325 755740 756781 757711 765532 EUR Million [+]
Central Bank Balance Sheet 118599.00 118581 118206 118229 118265 118256 EUR Million [+]
Private Debt to GDP 165.64 167 167 166 166 166 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -785.00 -301 -219 -240 -240 -239 EUR Million [+]
Exports 9869.00 10652 10847 10734 10771 10765 EUR Million [+]
Imports 10654.00 10961 11009 10976 10989 10986 EUR Million [+]
Current Account 414.00 876 696 449 404 176 EUR Million [+]
External Debt 614023.00 602510 605420 608816 607651 605883 EUR Million [+]
Current Account to GDP 2.60 3 3 3 2.83 3.14 percent [+]
Capital Flows -1226.00 1179 3243 263 1686 1322 EUR Million [+]
Remittances 77.00 76.98 56.53 76.97 56.54 76.9 EUR Million [+]
Tourist Arrivals 3699.50 3709 4204 3370 3913 3518 Thousand [+]
Gold Reserves 279.99 280 280 280 280 280 Tonnes [+]
Foreign Direct Investment 3765.00 -1301 26.83 -1395 -1199 -1078 EUR Million [+]
Crude Oil Production 17.00 16.62 16.62 16.62 16.62 16.62 BBL/D/1K [+]
Terrorism Index 0.18 0.96 0.89 0.83 0.77 1.4 [+]
Weapons Sales 14.00 34.35 33.58 32.8 33.46 37.07 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 86.20 86.42 86.47 86.52 86.56 89.52 percent [+]
Government Budget -1.20 -1.5 -1.5 -1.5 -2.35 -0.4 percent of GDP [+]
Government Budget Value -176.00 900 70.79 1032 196 1028 EUR Million [+]
Government Spending 15427.45 16522 15427 15528 15514 16238 EUR Million [+]
Government Spending to GDP 51.70 50.77 50.9 51.03 51.16 51.59 percent [+]
Government Revenues 6016.00 5488 5721 5871 5966 6018 EUR Million [+]
Fiscal Expenditure 6192.00 6353 6239 6242 6232 6229 EUR Million [+]
Asylum Applications 2435.00 2053 2029 2028 2028 2028 persons [+]
Military Expenditure 3006.00 3197 3135 3072 3083 3064 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Manufacturing PMI 55.40 52.7 52.9 52 55.31 52.9 [+]
Industrial Production 2.60 0.83 2.53 1.37 1.4 1.42 percent [+]
Industrial Production Mom -0.50 0.14 0.16 0.16 0.16 0.16 percent [+]
Manufacturing Production 3.00 1.19 1.94 1.79 1.65 1.66 percent [+]
Capacity Utilization 85.10 83.09 85.47 85.68 85.71 84.61 percent [+]
New Orders 122.00 117 117 115 116 115 Index Points [+]
Car Registrations 31759.00 33631 34877 35010 34354 34641 Cars [+]
Changes In Inventories -512.10 149 13.24 230 225 296 EUR Million [+]
Competitiveness Index 5.22 5.14 5.14 5.14 5.14 5.15 Points [+]
Competitiveness Rank 19.00 23.64 23.64 20.02 18.81 29.47 [+]
Business Confidence 0.50 -5.9 -6.4 -6.4 5.17 -3.7 [+]
Ease of Doing Business 19.00 20.78 21.01 21.12 21.24 22.94 [+]
Electricity Production 5055.00 5780 5594 5647 5644 5645 Gigawatt-hour [+]
Corruption Index 76.00 77.21 77.58 77.96 78.33 83.33 Points [+]
Corruption Rank 16.00 23.97 24.13 24.28 24.44 26.12 [+]
Steel Production 634.79 628 625 627 627 628 Thousand Tonnes [+]
Mining Production 6.40 1.99 0.85 0.82 0.88 0.89 percent [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Confidence -10.00 -12 -14 -14 -9.55 -8 [+]
Retail Sales MoM 0.80 1.4 -0.8 -0.8 0.04 0.8 percent [+]
Retail Sales YoY 2.00 1.1 0.9 0.9 1.3 0.7 percent [+]
Consumer Spending 38982.00 38994 38999 39004 39005 39007 EUR Million [+]
Personal Savings 12.01 16.86 14.38 11.61 10.96 14.16 percent [+]
Consumer Credit 154730.00 155428 156143 156831 157492 163920 EUR Million [+]
Bank Lending Rate 1.86 1.84 1.84 1.84 1.84 1.84 percent [+]
Gasoline Prices 1.11 1.09 1.07 1.07 1.07 1.07 USD/Liter [+]
Households Debt To Gdp 50.10 49.77 49.32 49.33 49.24 48.91 percent [+]
Households Debt To Income 86.44 86.73 86.52 86.3 86.09 86.35 percent [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Construction Output 0.10 0.75 0.67 0.24 0.51 0.51 percent [+]
Housing Index 141.77 145 148 150 151 167 Index Points [+]
Building Permits 20765.00 17401 16782 19777 18235 18081 [+]
Home Ownership Rate 55.70 56.79 56.81 56.83 56.84 56.86 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Personal Income Tax Rate 55.00 55 55 55 55 55 percent [+]
Sales Tax Rate 20.00 20 20 20 20 20 percent [+]
Social Security Rate 39.60 39.6 39.6 39.6 39.6 39.6 percent [+]
Social Security Rate For Companies 21.48 21.48 21.48 21.48 21.48 21.48 percent [+]
Social Security Rate For Employees 18.12 18.12 18.12 18.12 18.12 18.12 percent [+]





Economic Forecasts for Austria including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Austria economy. 12/5/2016