Average economic size of farms by standard output, farm type and age in Austria
Austria: Average economic size of farms by standard output, farm type and age was 7.35 billion Euro in 2023. ▲ Rising
Latest (2023)
7.35 billion Euro
Change on year
up 11.0%
World rank
20th
of 40 countries
All-time high
7.35 billion Euro
in 2023
All-time low
5.12 billion Euro
in 2005
Years of data
7
2005–2023
Average economic size of farms by standard output, farm type and age in Austria, 2005–2023
Source: Eurostat. Measured in Euro.
Analysis
In 2023, average economic size of farms by standard output, farm type and age in Austria stood at 7.35 billion Euro. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 11.0% on the previous year and up 29.7% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in Austria peaked at 7.35 billion Euro in 2023 and was at its lowest, 5.12 billion Euro, in 2005.
That places Austria 20th out of 40 countries with data for 2023, putting it in the middle of the range.
Average economic size of farms by standard output, farm type and age in Austria, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 5.12 billion Euro | — |
| 2007 | 5.20 billion Euro | +1.6% |
| 2010 | 5.88 billion Euro | +13.1% |
| 2013 | 5.67 billion Euro | -3.5% |
| 2016 | 6.18 billion Euro | +9.0% |
| 2020 | 6.63 billion Euro | +7.2% |
| 2023 | 7.35 billion Euro | +11.0% |
Austria compared with similar countries
- Austria's 7.35 billion Euro is below the median for Europe & Central Asia, which is 7.96 billion Euro, 92% of the median. (29 countries reporting)
- Austria's 7.35 billion Euro is below the median for high income countries, which is 7.66 billion Euro, 96% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.16 billion Euro | 5.12 billion Euro | 5.20 billion Euro | 2 |
| 2010s | 5.91 billion Euro | 5.67 billion Euro | 6.18 billion Euro | 3 |
| 2020s | 6.99 billion Euro | 6.63 billion Euro | 7.35 billion Euro | 2 |
Countries ranked near Austria
More economy & growth data for Austria
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -6.07 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -658.85 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -11.68 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -185.54 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0202 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,269 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 50.93 % change on previous year (2025)
Frequently asked questions
- What is average economic size of farms by standard output, farm type and age in Austria?
- Average economic size of farms by standard output, farm type and age in Austria was 7.35 billion Euro in 2023, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in Austria?
- The highest recorded value was 7.35 billion Euro in 2023.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in Austria?
- The lowest recorded value was 5.12 billion Euro in 2005.
- How does Austria rank for average economic size of farms by standard output, farm type and age?
- Austria ranks 20th out of 40 countries with data for 2023.
- Is average economic size of farms by standard output, farm type and age rising or falling in Austria?
- Over the last ten years it is up 29.7%. The long-run trend across the full record is rising.
- Where does this Austria data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
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