http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/austria/inflation-cpiThe inflation rate in Austria was recorded at 2.30 percent in April of 2012. Historically, from 1990 until 2012, Austria Inflation Rate averaged 2.1 Percent reaching an all time high of 4.0 Percent in June of 2008 and a record low of -0.4 Percent in July of 2009. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Austria Inflation Rate.Statistics AustriaWed, 16 May 2012 11:46:00 GMThttp://www.tradingeconomics.com/austria/gdp-growthThe Gross Domestic Product (GDP) in Austria expanded 0.20 percent in the first quarter of 2012 over the previous quarter. Historically, from 1988 until 2012, Austria GDP Growth Rate averaged 0.5 Percent reaching an all time high of 1.6 Percent in September of 1999 and a record low of -1.8 Percent in December of 2008. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Ever since the end of the World War II, Austria has achieved sustained economic growth. In particular, the access to the single European market through European Union membership has brought economic benefits and challenges and has drawn an influx of foreign investors. Most important for Austria is the service sector generating the vast majority of Austria's GDP. Vienna has grown to finance and consulting metropolis and has established itself as the door to the East within the last decades. This page includes a chart with historical data for Austria GDP Growth Rate.Oesterreichische NationalbankTue, 15 May 2012 11:49:00 GMThttp://www.tradingeconomics.com/austria/gdp-growth-annualThe Gross Domestic Product (GDP) in Austria expanded 1.90 percent in the first quarter of 2012 since the same quarter on the previous year. Historically, from 1997 until 2012, Austria GDP Annual Growth Rate averaged 2.1 Percent reaching an all time high of 5.1 Percent in March of 2000 and a record low of -6.0 Percent in June of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Austria GDP Annual Growth Rate.Oesterreichische NationalbankTue, 15 May 2012 11:48:00 GMThttp://www.tradingeconomics.com/austria/government-debt-to-gdpAustria recorded a Current Account equivalent to 72.20 percent of the country's Gross Domestic Product in 2011. Historically, from 1988 until 2011, Austria Government Debt To GDP averaged 64.0 Percent reaching an all time high of 72.2 Percent in December of 2011 and a record low of 56.1 Percent in December of 1990. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Austria Government Debt To GDP.EurostatFri, 04 May 2012 16:19:00 GMThttp://www.tradingeconomics.com/austria/government-budgetAustria reported a Government Budget deficit equal to 2.60 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, Austria Government Budget averaged -2.4 Percent of GDP reaching an all time high of 0.0 Percent of GDP in December of 2001 and a record low of -5.8 Percent of GDP in December of 1995. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Austria Government Budget.EurostatFri, 04 May 2012 16:18:00 GMThttp://www.tradingeconomics.com/austria/industrial-productionIndustrial Production in Austria decreased 0.90 percent in February of 2012. Historically, from 2001 until 2012, Austria Industrial Production averaged 2.7 Percent EUR reaching an all time high of 11.1 Percent EUR in January of 2001 and a record low of -15.2 Percent EUR in May of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Austria Industrial Production.Statistik AustriaTue, 24 Apr 2012 12:03:00 GMThttp://www.tradingeconomics.com/austria/unemployment-rateThe unemployment rate in Austria was last reported at 4.3 percent in the fourth quarter of 2011. Historically, from 1993 until 2011, Austria Unemployment Rate averaged 4.3 Percent reaching an all time high of 5.4 Percent in May of 2005 and a record low of 3.4 Percent in April of 2001. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Austria Unemployment Rate.Statistics AustriaThu, 12 Apr 2012 20:00:00 GMThttp://www.tradingeconomics.com/austria/retail-salesRetail Sales in Austria decreased 0.60 percent in February of 2012 over the previous month. Historically, from 2000 until 2012, Austria Retail Sales averaged 0.1 Percent reaching an all time high of 4.0 Percent in February of 2002 and a record low of -4.5 Percent in November of 2003. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Austria Retail Sales.EurostatThu, 12 Apr 2012 19:41:00 GMThttp://www.tradingeconomics.com/austria/current-accountAustria reported a current account surplus equivalent to 2140 Million EUR in the fourth quarter of 2011. Historically, from 1995 until 2011, Austria Current Account averaged 715.7 Million EUR reaching an all time high of 6182.0 Million EUR in March of 2008 and a record low of -2340.0 Million EUR in June of 1996. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Austria Current Account.Oesterreichische NationalbankThu, 12 Apr 2012 19:22:00 GMThttp://www.tradingeconomics.com/austria/balance-of-tradeAustria reported a trade deficit equivalent to 716 Million EUR in January of 2012. Historically, from 1953 until 2012, Austria Balance of Trade averaged -276.7 Million EUR reaching an all time high of 374.0 Million EUR in March of 2006 and a record low of -1256.0 Million EUR in April of 1991. Austria's economy is dependent on foreign trade and closely linked to the economies of other EU countries, particularly Germany. The major export commodity in Austria is the automobile and its components, machinery and paper products. Austria imports mainly machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products and foodstuffs. This page includes a chart with historical data for Austria Balance of Trade.Oesterreichische NationalbankThu, 12 Apr 2012 19:18:00 GMThttp://www.tradingeconomics.com/austria/exportsAustria exports were worth 9342 Million EUR in January of 2012. Historically, from 1953 until 2012, Austria Exports averaged 2754.3 Million EUR reaching an all time high of 11367.0 Million EUR in March of 2011 and a record low of 59.0 Million EUR in February of 1953. Austria's economy is dependent on foreign trade and closely linked to the economies of other EU countries, particularly Germany. The major export commodity in Austria is the automobile and its components, machinery and paper products. Austria's largest exports markets are European Union, United Sates and Switzerland. This page includes a chart with historical data for Austria Exports.Oesterreichische NationalbankThu, 12 Apr 2012 19:17:00 GMThttp://www.tradingeconomics.com/austria/importsAustria imports were worth 10058 Million EUR in January of 2012. Historically, from 1953 until 2012, Austria Imports averaged 3031.0 Million EUR reaching an all time high of 11898.0 Million EUR in March of 2011 and a record low of 61.0 Million EUR in January of 1953. Austria imports mainly machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products and foodstuffs. Its main import partners are European Union countries (Germany, Italy, Netherlands), Switzerland, China and United States. This page includes a chart with historical data for Austria Imports.Oesterreichische NationalbankThu, 12 Apr 2012 19:17:00 GMThttp://www.tradingeconomics.com/austria/gdp-per-capitaThe Gross Domestic Product per capita in Austria was last reported at 26709.71 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Austria is equivalent to 216 percent of the world's average. Historically, from 1960 until 2010, Austria GDP per capita averaged 17335.7 USD reaching an all time high of 27295.1 USD in December of 2008 and a record low of 7478.6 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Austria GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/austria/gdp-per-capita-pppThe Gross Domestic Product per capita in Austria was last reported at 40005.22 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Austria, when adjusted by Purchasing Power Parity is equivalent to 182 percent of the world's average. Historically, from 1980 until 2010, Austria GDP per capita PPP averaged 24288.8 USD reaching an all time high of 40005.2 USD in December of 2010 and a record low of 10549.6 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Austria GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/austria/population Historically, from 1960 until 2010, Austria Population averaged 7.7 Million reaching an all time high of 8.4 Million in December of 2010 and a record low of 7.1 Million in December of 1960. The total population in Austria was last reported at 8.4 million people in 2010 from 7.1 million in 1960, changing 19 percent during the last 50 years. Austria has 0.12 percent of the world´s total population which means that one person in every 821 people on the planet is a resident of Austria. This page includes a chart with historical data for Austria's Total Population. This page includes a chart with historical data for Austria Population.World BankFri, 28 Oct 2011 13:56:00 GMThttp://www.tradingeconomics.com/austria/interest-rateThe benchmark interest rate in Austria was last reported at 1.00 percent. Historically, from 2011 until 2011, Austria Interest Rate averaged 1.0 Percent reaching an all time high of 1.0 Percent in February of 2011 and a record low of 1.0 Percent in February of 2011. Austria is a member of the Euro Area, an economic and monetary union (EMU) of European Union (EU) member states that have adopted the euro. The Euro Area benchmark interest rate stands at 1.00 percent. in the Euro Area, interest rate decisions are taken by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability. The ECB’s Governing Council has defined price stability as "a year-on-year increase in the Harmonised Index of Consumer Prices (HICP) for The Euro Area of below 2%. The European Central Bank is the sole issuer of banknotes and bank reserves. That means it has the monopoly supplier of the monetary base. By virtue of this monopoly, it can set the conditions at which banks borrow from the Central Bank. Therefore it can also influence the conditions at which banks trade with each other in the money market. in the short run, a change in money market interest rates induced by the Central Bank sets in motion a number of mechanisms and actions by economic agents. Ultimately the change will influence developments in economic variables such as output or prices. This page includes: Austria Interest Rate chart, historical data and news. This page includes a chart with historical data for Austria Interest Rate.Fri, 28 Oct 2011 13:56:00 GMThttp://www.tradingeconomics.com/austria/gdpThe Gross Domestic Product (GDP) in Austria was worth 376.16 billion US dollars in 2010, according to a report published by the World Bank. The GDP value of Austria is roughly equivalent to 0.61 percent of the world economy. Historically, from 1960 until 2010, Austria GDP averaged 132.0 billion USD reaching an all time high of 414.7 billion USD in December of 2008 and a record low of 6.6 billion USD in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for Austria GDP.The World Bank GroupFri, 28 Oct 2011 13:56:00 GMT