Annual GDP growth in Austria

Austria: Annual GDP growth was -0.7% in 2024. β—† Volatile

Latest (2024)
-0.7%
Change on year
up 16.2%
World rank
181st
of 197 countries
All-time high
5.3%
in 2022
All-time low
-6.3%
in 2020
Years of data
25
2000–2024

Annual GDP growth in Austria, 2000–2024

-7.5-5-2.502.552000201220242000: 3.2 %2001: 1.3 %2002: 1.5 %2003: 1.1 %2004: 2.6 %2005: 2.3 %2006: 3.3 %2007: 3.8 %2008: 1.5 %2009: -3.6 %2010: 1.8 %2011: 2.9 %2012: 0.628 %2013: -0.251 %2014: 0.756 %2015: 1.3 %2016: 2.1 %2017: 2.3 %2018: 2.5 %2019: 1.8 %2020: -6.3 %2021: 4.9 %2022: 5.3 %2023: -0.786 %2024: -0.659 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual gdp growth in Austria is -0.7%, measured in 2024.

The figure is up 16.2% on the previous year and down 187.2% over ten years.

Over the whole period, annual gdp growth in Austria peaked at 5.3% in 2022 and was at its lowest, -6.3%, in 2020.

That places Austria 181st out of 197 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.7% -3.6% 3.8% 10
2010s 1.6% -0.3% 2.9% 10
2020s 0.5% -6.3% 5.3% 5

Countries ranked near Austria

  1. 178 Estonia -0.1% compare
  2. 179 Germany -0.5% compare
  3. 180 Jamaica -0.5% compare
  4. 182 Lebanon -0.8% compare
  5. 183 Iceland -1.0% compare
  6. 184 Myanmar -1.0% compare

See the full ranking of 252 places β†’

More economy & growth data for Austria

All data for Austria β†’

Frequently asked questions

What is annual gdp growth in Austria?
Annual gdp growth in Austria was -0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual gdp growth recorded in Austria?
The highest recorded value was 5.3% in 2022.
What is the lowest annual gdp growth recorded in Austria?
The lowest recorded value was -6.3% in 2020.
How does Austria rank for annual gdp growth?
Austria ranks 181st out of 197 countries with data for 2024.
Is annual gdp growth rising or falling in Austria?
Over the last ten years it is down 187.2%. The long-run trend across the full record is volatile.
Where does this Austria data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.

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Annual GDP growth in Austria. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 20 August 2026, from https://economy.statizoid.com/stat/annual-gdp-growth-percent/austria/

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About this data

Indicator
Annual GDP growth (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
252 places, 6,105 data points, 2000–2024
Last refreshed