Annual gdp growth in Austria
Austria: Annual gdp growth was -0.66 in 2024. ◆ Volatile
Latest (2024)
-0.66
Change on year
up 16.5%
World rank
193rd
of 212 countries
All-time high
5.33
in 2022
All-time low
-6.32
in 2020
Years of data
25
2000–2024
Annual gdp growth in Austria, 2000–2024
Source: Our World in Data.
Analysis
Austria recorded -0.66 for annual gdp growth in 2024.
The figure is up 16.5% on the previous year and down 186.8% over ten years.
Over the whole period, annual gdp growth in Austria peaked at 5.33 in 2022 and was at its lowest, -6.32, in 2020.
Austria ranks 193rd of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual gdp growth in Austria, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.19 | — |
| 2001 | 1.32 | -58.6% |
| 2002 | 1.48 | +12.1% |
| 2003 | 1.14 | -23.0% |
| 2004 | 2.57 | +125.4% |
| 2005 | 2.32 | -9.7% |
| 2006 | 3.27 | +40.9% |
| 2007 | 3.78 | +15.6% |
| 2008 | 1.45 | -61.6% |
| 2009 | -3.59 | -347.6% |
| 2010 | 1.81 | -150.4% |
| 2011 | 2.93 | +61.9% |
| 2012 | 0.63 | -78.5% |
| 2013 | -0.25 | -139.7% |
| 2014 | 0.76 | -404.0% |
| 2015 | 1.3 | +71.1% |
| 2016 | 2.12 | +63.1% |
| 2017 | 2.27 | +7.1% |
| 2018 | 2.48 | +9.3% |
| 2019 | 1.75 | -29.4% |
| 2020 | -6.32 | -461.1% |
| 2021 | 4.92 | -177.8% |
| 2022 | 5.33 | +8.3% |
| 2023 | -0.79 | -114.8% |
| 2024 | -0.66 | -16.5% |
Austria compared with similar countries
- Austria's -0.66 is below the median for high income countries, which is 2.14. (83 countries reporting)
- Austria's -0.66 is below the median for Europe & Central Asia, which is 2.14. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.69 | -3.59 | 3.78 | 10 |
| 2010s | 1.58 | -0.25 | 2.93 | 10 |
| 2020s | 0.496 | -6.32 | 5.33 | 5 |
Countries ranked near Austria
More economy & growth data for Austria
- Real gdp growth, annual growth rate 193.47 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.801 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.9157 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.39 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0136 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 858.85 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.31 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.01 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 627.13 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.68 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Austria?
- Annual gdp growth in Austria was -0.66 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Austria?
- The highest recorded value was 5.33 in 2022.
- What is the lowest annual gdp growth recorded in Austria?
- The lowest recorded value was -6.32 in 2020.
- How does Austria rank for annual gdp growth?
- Austria ranks 193rd out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Austria?
- Over the last ten years it is down 186.8%. The long-run trend across the full record is volatile.
- Where does this Austria data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).