Markets Actual Q2 Q3 Q4 Q1 2021
Currency 1.10 1.1 1.09 1.09 1.09 1.08
Stock Market (points) 2280.27 2202 2153 2106 2060 1968
Government Bond 10Y (%) -0.05 0 0.01 0.02 0.02 0.03

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) -2.50 -9.2 4 2.2 1.5 0.7
GDP Annual Growth Rate (%) -2.70 -9.5 -5.9 -3.7 -0.3 4.2
Unemployment Rate (%) 12.80 13.5 14 14.5 15 13.5
Inflation Rate (%) 1.50 1.8 1.7 1.6 1.6 1.7
Inflation Rate Mom (%) 0.00 0.2 0.7 0.1 0.1 0.1
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -137.00 -600 -600 -500 -500 -100
Current Account (EUR Million) 4941.00 1190 1190 1220 1220 1220
Current Account to GDP (%) 2.60 2.1 2.1 2.1 2 2
Government Debt to GDP (%) 70.40 79 79 79 82 82
Government Budget (% of GDP) 0.70 -4.2 -4.2 -4.2 -5.6 -5.6
Manufacturing PMI (points) 40.40 42 45 48 50 51
Consumer Confidence (points) -18.40 -20.5 -18 -14.5 -9 -6
Retail Sales MoM (%) -15.30 0.8 0.2 0.2 0.2 0.2
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 55.00 55 55 55 55 55

GDP Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) -2.50 -9.2 4 2.2 1.5 0.7
GDP Annual Growth Rate (%) -2.70 -9.5 -5.9 -3.7 -0.3 4.2
GDP (USD Billion) 459.30 480 480 480 500 500
GDP Constant Prices (EUR Million) 97149.67 89447 91661 93555 96858 97484
Gross National Product (EUR Million) 398.52 374 378 384 397 400
Gross Fixed Capital Formation (EUR Million) 24787.12 21788 22192 23870 24713 24873
GDP per capita (USD) 50250.00 52500 52500 52500 54100 54100
GDP per capita PPP (USD) 46473.30 47500 47500 47500 44688 48000

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 12.80 13.5 14 14.5 15 13.5
Wages (EUR/Month) 2768.42 2800 2800 2850 2850 2850
Wages in Manufacturing (points) 109.70 146 146 150 150 150
Population (Million) 8.86 8.92 8.92 8.92 8.97 8.97
Retirement Age Women 60.00 60 60 60 60 60
Retirement Age Men 65.00 65 65 65 65 65
Living Wage Family (EUR/Month) 1560.00 1750 1750 1800 1800 1867
Wages High Skilled (EUR/Month) 3590.00 3737 3737 3767 3767 3926

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) 1.50 1.8 1.7 1.6 1.6 1.7
Inflation Rate Mom (%) 0.00 0.2 0.7 0.1 0.1 0.1
Consumer Price Index CPI (points) 108.10 109 109 110 110 112
Harmonised Consumer Prices (points) 108.80 109 109 111 110 113
Producer Prices (points) 101.30 103 103 103 102 104
Producer Prices Change (%) -1.50 0.3 0.6 0.9 0.9 1.1
Food Inflation (%) 2.60 2 2 1.9 1.9 1.9
CPI Transportation (points) 103.10 107 106 107 104 109

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.33 -0.42 -0.42 -0.42 -0.42 -0.42

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (EUR Million) -137.00 -600 -600 -500 -500 -100
Current Account (EUR Million) 4941.00 1190 1190 1220 1220 1220
Current Account to GDP (%) 2.60 2.1 2.1 2.1 2 2
Imports (EUR Million) 12329.00 14000 14000 13200 13200 13700
Exports (EUR Million) 12192.00 13400 13400 12700 12700 13600

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 70.40 79 79 79 82 82
Government Budget (% of GDP) 0.70 -4.2 -4.2 -4.2 -5.6 -5.6
Government Budget Value (EUR Million) -1966.00 761 761 630 630 630
Government Spending (EUR Million) 18840.57 16918 17304 18143 18784 18905
Government Spending to GDP (%) 48.20 56.8 56.8 56.8 51.1 51.1

Taxes Actual Q2 Q3 Q4 Q1 2021
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 55.00 55 55 55 55 55
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 39.60 39.6 39.6 39.6 39.6 39.6
Social Security Rate For Companies (%) 21.38 21.38 21.38 21.38 21.38 21.38
Social Security Rate For Employees (%) 18.12 18.12 18.12 18.12 18.12 18.12

Business Actual Q2 Q3 Q4 Q1 2021
Manufacturing PMI (points) 40.40 42 45 48 50 51
Industrial Production (%) -12.10 -8.5 -7.2 -6.5 3.5 5.2
Business Confidence (points) -30.30 -36 -26 -18 -14 -12

Consumer Actual Q2 Q3 Q4 Q1 2021
Consumer Confidence (points) -18.40 -20.5 -18 -14.5 -9 -6
Retail Sales MoM (%) -15.30 0.8 0.2 0.2 0.2 0.2
Retail Sales YoY (%) -12.40 -0.5 0.5 0.9 1.2 1.7
Consumer Spending (EUR Million) 46093.60 44476 45097 44388 45955 46252
Consumer Credit (EUR Million) 174563.00 163753 168489 167096 174039 174114
Bank Lending Rate (%) 1.87 1.67 1.67 1.67 1.67 1.67
Gasoline Prices (USD/Liter) 1.16 1.18 1.12 1.06 1.01 0.96
Households Debt To Income (%) 83.21 83.86 83.86 83.86 83.86 83.86

Housing Actual Q2 Q3 Q4 Q1 2021
Building Permits 19287.00 18100 18100 20360 20360 20900


This page has 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.