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. Measured in %.
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 74th out of 205 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 | % | 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% |
Austria compared with similar countries
- Austria's 1.5% is below the median for high income countries, which is 1.6%, 97% of the median. (69 countries reporting)
- Austria's 1.5% is above the median for Europe & Central Asia, which is -0.7%. (50 countries reporting)
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
- 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 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 74th out of 205 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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