The current account surplus in Austria narrowed to EUR 0.18 billion in the third quarter of 2022 from EUR 1.86 billion a year earlier. The services account surplus shrank to EUR 0.6 billion from EUR 1.3 billion, while the goods surplus rose sharply to EUR 1.3 billion from EUR 0.2 billion. Meanwhile, the primary income accounted switched to a EUR 0.6 billion deficit from EUR 0.4 billion surplus and the secondary account gap increased to EUR 0.5 billion from EUR 0.2 billion. source: Oesterreichische Nationalbank
Current Account in Austria averaged 1028.23 EUR Million from 1995 until 2022, reaching an all time high of 6171.00 EUR Million in the first quarter of 2008 and a record low of -2353.00 EUR Million in the second quarter of 1996. This page provides the latest reported value for - Austria Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Current Account - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Current Account in Austria is expected to be 1550.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Current Account is projected to trend around 450.00 EUR Million in 2024 and 500.00 EUR Million in 2025, according to our econometric models.