Austria | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.50 0.5 0.4 0.5 0.4 0.3 percent [+]
Unemployment Rate 8.90 7.9 8.1 10 8.8 9.2 percent [+]
Inflation Rate 2.00 2.5 2.8 2.6 2.4 2.2 percent [+]
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Balance of Trade -159.00 -339 -352 -352 -351 -351 EUR Million [+]
Government Debt to GDP 84.60 85.06 84.86 84.67 84.97 87.82 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 1.09 1.06 1.05 1.04 1.03 0.86 [+]
Stock Market 2939.73 2820 2790 2710 2740 2280 points [+]
Government Bond 10Y 0.48 0.55 0.55 0.56 0.56 0.65 percent [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.50 0.5 0.4 0.5 0.4 0.3 percent [+]
GDP Annual Growth Rate 1.70 1.6 1.7 1.6 1.7 2.1 percent [+]
GDP 376.95 392 381 402 371 464 USD Billion [+]
GDP Constant Prices 82060.56 78864 80174 82566 78277 82549 EUR Million [+]
Gross National Product 349.49 3808 3811 3814 4621 12926 EUR Million [+]
Gross Fixed Capital Formation 19704.12 18456 18786 19731 16452 19547 EUR Million [+]
GDP per capita 47754.60 48033 48025 48017 48074 48681 USD [+]
GDP per capita PPP 43972.65 43963 44091 44219 44181 44268 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 8.90 7.9 8.1 10 8.8 9.2 percent [+]
Employed Persons 3576.10 3622 3606 3584 3594 3598 Thousand [+]
Unemployed Persons 354072.00 288584 351368 386434 340782 349317 [+]
Long Term Unemployment Rate 1.90 1.9 1.95 1.89 1.96 1.92 percent [+]
Youth Unemployment Rate 10.70 10.63 10.67 10.68 10.66 10.67 percent [+]
Labour Costs 111.30 111 108 111 108 111 Index Points [+]
Job Vacancies 53142.00 52737 47191 47283 49766 48950 [+]
Wages 2554.60 2568 2580 2592 2600 2724 EUR/Month [+]
Wages in Manufacturing 131.30 132 132 132 132 133 Index Points [+]
Population 8.69 8.6 8.62 8.64 8.64 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 0.50 0.33 0.27 0.23 0.22 0.22 percent [+]
Employment Rate 72.60 71.68 72.63 71.88 71.06 71.89 percent [+]
Full Time Employment 2999.20 2991 3042 2999 2960 2997 Thousand [+]
Labor Force Participation Rate 61.10 61.32 61.94 61.15 60.73 61.19 percent [+]
Productivity 108.90 104 105 109 104 109 Index Points [+]
Part Time Employment 1163.60 1182 1183 1192 1199 1229 Thousand [+]
Living Wage Family 1318.50 1349 1350 1350 1350 1350 EUR/Month [+]
Living Wage Individual 1037.30 1049 1051 1052 1053 1053 EUR/Month [+]
Wages Low Skilled 1690.00 1692 1692 1692 1692 1692 EUR/Month [+]
Wages High Skilled 3510.00 3435 3429 3425 3422 3416 EUR/Month [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 2.00 2.5 2.8 2.6 2.4 2.2 percent [+]
Inflation Rate Mom 0.60 0.3 0.19 0.8 0.14 0.4 percent [+]
Harmonised Consumer Prices 103.00 103 103 103 103 103 Index Points [+]
Consumer Price Index CPI 102.70 103 103 103 103 103 Index Points [+]
GDP Deflator 111.33 112 112 112 112 114 Index Points [+]
Producer Prices 100.10 102 104 106 108 118 Index Points [+]
Producer Prices Change 2.90 3.9 4.4 3.6 3.2 2.5 percent [+]
Food Inflation 1.60 1.57 1.47 1.56 1.51 1.53 percent [+]
Cpi Transportation 100.70 100 100 100 100 100 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 0.00 0 0 0 0 0.5 percent [+]
Interbank Rate -0.33 -0.33 -0.33 -0.33 -0.33 -0.33 percent [+]
Money Supply M1 203145.00 205819 204763 206379 205034 206452 EUR Million [+]
Money Supply M2 309887.00 314781 315238 316430 316177 317113 EUR Million [+]
Money Supply M3 314292.00 318131 318169 319037 318605 319216 EUR Million [+]
Foreign Exchange Reserves 22619.00 22679 22690 22696 22699 22700 EUR Million [+]
Banks Balance Sheet 824655.86 815787 801663 787539 783927 734552 EUR Million [+]
Loans to Private Sector 750201.00 750857 751602 752149 752643 756519 EUR Million [+]
Central Bank Balance Sheet 139115.00 142959 140662 140335 140553 140550 EUR Million [+]
Private Debt to GDP 165.64 167 166 166 166 166 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -159.00 -339 -352 -352 -351 -351 EUR Million [+]
Exports 11404.00 11192 11166 11185 11177 11179 EUR Million [+]
Imports 11563.00 11550 11579 11575 11573 11574 EUR Million [+]
Current Account 586.00 531 730 706 3269 968 EUR Million [+]
Current Account to GDP 2.60 3 2.75 3.11 3.02 3.14 percent [+]
External Debt 601364.00 601419 597817 594424 594448 586447 EUR Million [+]
Capital Flows 3087.00 365 2313 1276 2256 1414 EUR Million [+]
Remittances 58.00 77.95 58.02 77.94 58.03 77.88 EUR Million [+]
Tourist Arrivals 4015.00 2680 3319 3000 3363 2960 Thousand [+]
Gold Reserves 279.99 280 280 280 280 280 Tonnes [+]
Crude Oil Production 17.00 16.62 16.62 16.62 16.62 16.62 BBL/D/1K [+]
Foreign Direct Investment -7553.00 -1035 -1847 -1046 -1398 -1367 EUR Million [+]
Weapons Sales 14.00 34.35 33.58 32.8 33.46 37.07 USD Million [+]
Terrorism Index 0.18 1.2 1.08 0.96 0.89 1.4 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 84.60 85.06 84.86 84.67 84.97 87.82 percent [+]
Government Budget -1.60 -1.5 -1.61 -1.5 -1.65 -0.4 percent of GDP [+]
Government Budget Value -750.00 -1811 -2076 -1761 -2015 -1788 EUR Million [+]
Government Spending 16781.49 15684 15643 16786 15869 16603 EUR Million [+]
Government Spending to GDP 51.10 51.26 51.49 51.73 51.54 51.83 percent [+]
Government Revenues 11505.00 7206 6651 7562 6979 8017 EUR Million [+]
Fiscal Expenditure 12255.00 5697 6477 6558 6611 6625 EUR Million [+]
Asylum Applications 1845.00 1739 1725 1731 1727 1729 persons [+]
Military Expenditure 3006.00 3197 3135 3072 3083 3064 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Manufacturing PMI 56.80 52 56.88 54.2 56.89 52.9 [+]
Industrial Production -1.08 -0.32 -0.39 -0.4 -0.4 -0.4 percent [+]
Industrial Production Mom -1.70 0.13 0.13 0.13 0.13 0.13 percent [+]
Manufacturing Production -1.00 0.36 0.21 0.16 0.14 0.12 percent [+]
Capacity Utilization 85.10 85.23 85.27 85.13 84.95 84.52 percent [+]
New Orders 106.70 117 117 115 116 114 Index Points [+]
Car Registrations 50155.00 39552 30341 34834 36837 35024 Cars [+]
Changes In Inventories 554.70 399 395 322 361 335 EUR Million [+]
Competitiveness Index 5.22 5.14 5.14 5.14 5.16 5.15 Points [+]
Competitiveness Rank 19.00 21 21 21 19 18 [+]
Business Confidence 2.40 -6.4 4.72 -7.9 5.26 -3.7 [+]
Ease of Doing Business 19.00 12 11 11 14 31 [+]
Electricity Production 6480.00 5727 5649 5647 5642 5640 Gigawatt-hour [+]
Corruption Index 75.00 74 74 73 73 74 Points [+]
Corruption Rank 17.00 18 19 20 20 19 [+]
Steel Production 640.07 642 641 640 639 639 Thousand Tonnes [+]
Mining Production 24.20 1.81 1.02 1.03 1.06 1.07 percent [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Confidence 4.00 -14 4.18 -12 4.21 -8 [+]
Retail Sales MoM -0.10 -0.8 0.04 1.1 0.04 0.8 percent [+]
Retail Sales YoY 0.20 0.9 0.43 1 0.43 0.7 percent [+]
Consumer Spending 39498.30 39522 39531 39540 39544 39548 EUR Million [+]
Personal Savings 17.24 12.16 12.66 16.16 14.44 14.86 percent [+]
Consumer Credit 157971.00 159186 160041 160861 161648 168457 EUR Million [+]
Bank Lending Rate 1.85 1.91 1.93 1.94 1.94 1.94 percent [+]
Gasoline Prices 1.16 1.14 1.14 1.14 1.14 1.14 USD/Liter [+]
Households Debt To Gdp 51.10 51.06 51.12 51.11 51.1 51.13 percent [+]
Households Debt To Income 86.44 85.25 85.99 86.73 86.52 86.35 percent [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Construction Output -5.60 -1.39 -1.27 -1.24 -1.24 -1.24 percent [+]
Housing Index 142.38 146 147 148 149 155 Index Points [+]
Building Permits 14360.00 18247 16115 15188 16366 16132 [+]
Home Ownership Rate 55.70 54.25 52.94 51.62 53.07 55.81 percent [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Personal Income Tax Rate 55.00 52.5 53.75 55 55 55 percent [+]
Sales Tax Rate 20.00 20 20 20 20 20 percent [+]
Social Security Rate 39.60 39.75 39.7 39.66 39.68 39.81 percent [+]
Social Security Rate For Companies 21.48 21.65 21.59 21.54 21.55 21.68 percent [+]
Social Security Rate For Employees 18.12 18.12 18.13 18.15 18.16 18.26 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. 4/25/2017