one of the strongest EU and euro economies; diversified trade portfolios and relations; enormous trade economy; Russian energy dependence, but investing in alternative energy; aging labor force but large refugee population; large government debt
$484.698 billion (2021 est.)
$463.574 billion (2020 est.)
$495.557 billion (2019 est.)
note: data are in 2017 dollars
4.56% (2021 est.)
-6.45% (2020 est.)
1.52% (2019 est.)
$54,100 (2021 est.)
$52,000 (2020 est.)
$55,800 (2019 est.)
note: data are in 2017 dollars
$445.025 billion (2019 est.)
2.77% (2021 est.)
1.38% (2020 est.)
1.53% (2019 est.)
Fitch rating: AA+ (2015)
Moody's rating: Aa1 (2016)
Standard & Poors rating: AA+ (2012)
note: The year refers to the year in which the current credit rating was first obtained.
agriculture: 1.3% (2017 est.)
industry: 28.4% (2017 est.)
services: 70.3% (2017 est.)
household consumption: 52.1% (2017 est.)
government consumption: 19.5% (2017 est.)
investment in fixed capital: 23.5% (2017 est.)
investment in inventories: 1.6% (2017 est.)
exports of goods and services: 54.2% (2017 est.)
imports of goods and services: -50.7% (2017 est.)
milk, maize, sugar beet, wheat, barley, potatoes, pork, triticale, grapes, apples
construction, machinery, vehicles and parts, food, metals, chemicals, lumber and paper, electronics, tourism
6.77% (2021 est.)
4.661 million (2021 est.)
6.3% (2021 est.)
5.36% (2020 est.)
4.49% (2019 est.)
total: 11.4% (2021 est.)
male: 11.5%
female: 11.3%
13.3% (2018 est.)
30.2 (2019 est.)
on food: 9.8% of household expenditures (2018 est.)
on alcohol and tobacco: 3.2% of household expenditures (2018 est.)
lowest 10%: 2.8%
highest 10%: 23.5% (2012 est.)
0.66% of GDP (2021 est.)
0.69% of GDP (2020 est.)
0.67% of GDP (2019 est.)
revenues: $218.48 billion (2019 est.)
expenditures: $215.485 billion (2019 est.)
-0.7% (of GDP) (2017 est.)
99.91% of GDP (2020 est.)
83.05% of GDP (2019 est.)
84.16% of GDP (2018 est.)
note: this is general government gross debt, defined in the Maastricht Treaty as consolidated general government gross debt at nominal value, outstanding at the end of the year; it covers the following categories of government liabilities (as defined in ESA95): currency and deposits (AF.2), securities other than shares excluding financial derivatives (AF.3, excluding AF.34), and loans (AF.4); the general government sector comprises the sub-sectors of central government, state government, local government and social security funds; as a percentage of GDP, the GDP used as a denominator is the gross domestic product in current year prices
24.19% (of GDP) (2020 est.)
calendar year
$1.627 billion (2021 est.)
$12.897 billion (2020 est.)
$10.636 billion (2019 est.)
$268.277 billion (2021 est.)
$224.734 billion (2020 est.)
$247.738 billion (2019 est.)
note: Data are in current year dollars and do not include illicit exports or re-exports.
Germany 28%, United States 7%, Italy 6%, Switzerland 5% (2019)
vaccines and cultures, cars, packaged medicines, vehicle parts, broadcasting equipment (2021)
$265.769 billion (2021 est.) note: data are in current year dollars
$211.736 billion (2020 est.) note: data are in current year dollars
$231.992 billion (2019 est.) note: data are in current year dollars
Germany 39%, Italy 7%, Czechia 5% (2019)
cars, vehicle parts, broadcasting equipment, refined petroleum, packaged medical supplies (2019)
$33.957 billion (31 December 2021 est.)
$30.44 billion (31 December 2020 est.)
$23.616 billion (31 December 2019 est.)
$688.434 billion (2019 est.)
$686.196 billion (2018 est.)
euros (EUR) per US dollar -
Exchange rates:
0.845 (2021 est.)
0.876 (2020 est.)
0.893 (2019 est.)
0.847 (2018 est.)
0.885 (2017 est.)
NOTE: The information regarding Austria on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Austria 2024 information contained here. All suggestions for corrections of any errors about Austria 2024 should be addressed to the CIA or the source cited on each page.
This page was last modified 04 May 24, Copyright © 2024 ITA all rights reserved.