Name: Austria Full Year GDP Growth
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Full Year GDP Growth in Austria decreased to -1.30 percent in 2024 from -0.70 percent in 2023. Full Year GDP Growth in Austria averaged 1.53 percent from 1996 until 2024, reaching an all time high of 4.80 percent in 2022 and a record low of -6.60 percent in 2020. source: Statistics Austria

Full Year GDP Growth in Austria is expected to reach 0.10 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Full Year GDP Growth is projected to trend around 1.00 percent in 2026 and 1.20 percent in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
Full Year GDP Growth	-1.30	-0.70	percent	Dec 2024
GDP	521.64	511.69	USD Billion	Dec 2024
GDP Growth Rate YoY	-0.10	-0.40	percent	Jun 2025
GDP Constant Prices	94399.10	94267.84	EUR Million	Mar 2025
GDP Growth Rate	0.30	0.10	percent	Jun 2025
GDP per Capita	45562.04	46338.96	USD	Dec 2024
GDP per Capita PPP	63314.46	64394.09	USD	Dec 2024
Gross Fixed Capital Formation	22092.94	22137.38	EUR Million	Mar 2025
Gross National Product	481.94	473.23	EUR Billion	Dec 2024

Austria Full Year GDP Growth

In Austria, household consumption is the main component of GDP and accounts for 54 percent, followed by gross fixed capital formation (22 percent) and government expenditure (20 percent). Net exports of goods and services adds 3 percent to the GDP as exports accounts for 53 percent and imports for 50 percent.