Current account balance as a proportion of GDP in Austria
Austria: Current account balance as a proportion of GDP was 1.5% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Austria, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Austria recorded 1.5% for current account balance as a proportion of gdp in 2024.
The figure is up 16.6% on the previous year and down 33.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Austria peaked at 4.5% in 2008 and was at its lowest, -0.8%, in 2022.
That places Austria 64th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Austria, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.0% | — |
| 2006 | 3.3% | +65.8% |
| 2007 | 3.8% | +15.8% |
| 2008 | 4.5% | +17.9% |
| 2009 | 2.6% | -42.6% |
| 2010 | 2.9% | +14.0% |
| 2011 | 1.6% | -46.1% |
| 2012 | 1.5% | -4.7% |
| 2013 | 1.8% | +16.1% |
| 2014 | 2.3% | +32.0% |
| 2015 | 1.6% | -31.4% |
| 2016 | 2.6% | +61.9% |
| 2017 | 1.2% | -51.6% |
| 2018 | 0.9% | -27.0% |
| 2019 | 2.4% | +162.5% |
| 2020 | 3.4% | +40.6% |
| 2021 | 1.7% | -48.8% |
| 2022 | -0.8% | -148.2% |
| 2023 | 1.3% | -258.8% |
| 2024 | 1.5% | +16.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.2% | 2.0% | 4.5% | 5 |
| 2010s | 1.9% | 0.9% | 2.9% | 10 |
| 2020s | 1.4% | -0.8% | 3.4% | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1523 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 9,582 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.1348 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 8,480 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1312 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 8,253 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 7,584 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.71 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Austria?
- Current account balance as a proportion of gdp in Austria was 1.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Austria?
- The highest recorded value was 4.5% in 2008.
- What is the lowest current account balance as a proportion of gdp recorded in Austria?
- The lowest recorded value was -0.8% in 2022.
- How does Austria rank for current account balance as a proportion of gdp?
- Austria ranks 64th out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Austria?
- Over the last ten years it is down 33.8%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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