The Austrian economy grew 1.9% from a year earlier in the first three months of 2023, easing from a 2.4% expansion in the previous quarter and aligning closely with market forecasts of 1.8%. source: Statistics Austria
GDP Annual Growth Rate in Austria averaged 1.76 percent from 1996 until 2023, reaching an all time high of 13.00 percent in the second quarter of 2021 and a record low of -13.20 percent in the second quarter of 2020. This page provides - Austria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
GDP Annual Growth Rate in Austria is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria GDP Annual Growth Rate is projected to trend around 1.20 percent in 2024 and 1.10 percent in 2025, according to our econometric models.