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.

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Austria Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-09-30 08:00 AM Q2 €-0.44B €1.17B €-1.5B
2022-12-23 09:00 AM Q3 €0.18B €0.39B €0.18B
2023-03-31 08:00 AM Q4 €0.18B € 0.75B


Related Last Previous Unit Reference
Balance of Trade -1358.00 -1579.00 EUR Million Dec 2022
Current Account 178.00 389.00 EUR Million Sep 2022
Exports 14982.00 18129.00 EUR Million Dec 2022
Imports 16340.00 19708.00 EUR Million Dec 2022
External Debt -79787.00 656205.00 EUR Million Sep 2022
Capital Flows -932.00 -5334.00 EUR Million Sep 2022
Remittances 54.00 73.00 EUR Million Sep 2022
Foreign Direct Investment 822.00 -2199.00 EUR Million Sep 2022

Austria Current Account
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).
Actual Previous Highest Lowest Dates Unit Frequency
178.00 389.00 6171.00 -2353.00 1995 - 2022 EUR Million Quarterly

News Stream
Austria Current Account Surplus Narrows in Q3
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.
2022-12-23
Austria Current Account Deficit Shrinks in Q2 2022
The current account deficit in Austria contracted to EUR 0.438 billion in the second quarter of 2022, compared to EUR 1.118 billion gap a year earlier, as the goods account switched to EUR 0.488 billion surplus from EUR 0.198 billion gap. Also, the services account changed to EUR 0.874 billion surplus from EUR 0.131 billion gap. Meanwhile, the primary account deficit rose to EUR 1.095 billion from EUR 0.181 billion and the secondary account gap also increased to EUR 0.705 billion from EUR 0.608 billion. Moreover, the country posted a current account surplus of EUR 1.439 billion in 2021, compared with a surplus of EUR 11.345 billion in 2020.
2022-09-30
Austria Current Account Deficit Swings to Surplus
The current account balance in Austria swung to a EUR 1.17 billion surplus in the first quarter of 2022, compared to a EUR 0.91 billion deficit in the corresponding period of the previous year. The services account switched to a 3.65 billion surplus from EUR 0.02 billion gap. At the same time, the primary income deficit narrowed to EUR 0.17 billion from EUR 0.21 billion and the secondary income gap decreased to EUR 0.76 billion from EUR 1.46 billion. Meanwhile, the goods account shifted to a deficit of EUR 1.56 billion from EUR 0.78 billion.
2022-06-30