Gross domestic product (GDP) in Austria
Austria: Gross domestic product (GDP) was 573.87 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Austria, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Austria stood at 573.87 billion international-$ in 2021 prices.
That represents a change of down 1.2% on the previous year and up 29.5% over ten years.
Over the whole period, gross domestic product (gdp) in Austria peaked at 580.69 billion international-$ in 2021 prices in 2022 and was at its lowest, 46.44 billion international-$ in 2021 prices, in 1950.
Austria ranks 45th of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 60.13 billion international-$ in 2021 prices | 46.44 billion international-$ in 2021 prices | 75.35 billion international-$ in 2021 prices | 10 |
| 1960s | 97.54 billion international-$ in 2021 prices | 80.62 billion international-$ in 2021 prices | 116.62 billion international-$ in 2021 prices | 10 |
| 1970s | 148.63 billion international-$ in 2021 prices | 123.91 billion international-$ in 2021 prices | 168.02 billion international-$ in 2021 prices | 10 |
| 1980s | 182.86 billion international-$ in 2021 prices | 169.44 billion international-$ in 2021 prices | 216.85 billion international-$ in 2021 prices | 10 |
| 1990s | 278.15 billion international-$ in 2021 prices | 230.19 billion international-$ in 2021 prices | 328.71 billion international-$ in 2021 prices | 10 |
| 2000s | 380.22 billion international-$ in 2021 prices | 342.76 billion international-$ in 2021 prices | 427.40 billion international-$ in 2021 prices | 10 |
| 2010s | 475.43 billion international-$ in 2021 prices | 421.18 billion international-$ in 2021 prices | 555.25 billion international-$ in 2021 prices | 10 |
| 2020s | 559.06 billion international-$ in 2021 prices | 529.51 billion international-$ in 2021 prices | 580.69 billion international-$ in 2021 prices | 4 |
Countries ranked near Austria
- 42 Ukraine 620.01 billion international-$ in 2021 prices compare
- 43 Iraq 618.05 billion international-$ in 2021 prices compare
- 44 Singapore 596.79 billion international-$ in 2021 prices compare
- 46 Norway 545.17 billion international-$ in 2021 prices compare
- 47 Chile 515.93 billion international-$ in 2021 prices compare
- 48 Peru 485.29 billion international-$ in 2021 prices compare
More economy & growth data for Austria
- External balance on goods and services as a percent of GDP 2.4% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 46,090 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.2% (2025)
- Gross domestic product (GDP) 424.41 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 46,090 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -3.14 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -3.40 billion current US$ (2024)
- Taxes less subsidies on products 54.92 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Austria?
- Gross domestic product (gdp) in Austria was 573.87 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Austria?
- The highest recorded value was 580.69 billion international-$ in 2021 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Austria?
- The lowest recorded value was 46.44 billion international-$ in 2021 prices in 1950.
- How does Austria rank for gross domestic product (gdp)?
- Austria ranks 45th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Austria?
- Over the last ten years it is up 29.5%. The long-run trend across the full record is volatile.
- Where does this Austria data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.