GDP weights used in the calculation of the global specific indicator in Austria
Austria: GDP weights used in the calculation of the global specific indicator was 2.5% in 2023. ▲ Rising
GDP weights used in the calculation of the global specific indicator in Austria, 2014–2023
Source: Eurostat. Measured in Percentage of EU27 (from 2020) total (based on million purchasing power standard.
Analysis
In 2023, gdp weights used in the calculation of the global specific indicator in Austria stood at 2.5%. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 19.0% over ten years.
Over the whole period, gdp weights used in the calculation of the global specific indicator in Austria peaked at 2.5% in 2021 and was at its lowest, 2.1%, in 2014.
Austria ranks 15th of 37 countries on this measure, in the middle of the range.
GDP weights used in the calculation of the global specific indicator in Austria, year by year
| Year | Percentage of EU27 (from 2020) total (based on million purchasing power standard | Change |
|---|---|---|
| 2014 | 2.1% | — |
| 2015 | 2.1% | +0.0% |
| 2016 | 2.2% | +4.8% |
| 2017 | 2.2% | +0.0% |
| 2018 | 2.2% | +0.0% |
| 2019 | 2.2% | +0.0% |
| 2020 | 2.2% | +0.0% |
| 2021 | 2.5% | +13.6% |
| 2022 | 2.4% | -4.0% |
| 2023 | 2.5% | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.2% | 2.1% | 2.2% | 6 |
| 2020s | 2.4% | 2.2% | 2.5% | 4 |
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)
- Services, value added (constant LCU), per capita 29,210 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.15 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8929 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 56,190 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 3.23 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7902 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 49,727 current LCU per person (2025)
Frequently asked questions
- What is gdp weights used in the calculation of the global specific indicator in Austria?
- Gdp weights used in the calculation of the global specific indicator in Austria was 2.5% in 2023, according to Eurostat.
- What is the highest gdp weights used in the calculation of the global specific indicator recorded in Austria?
- The highest recorded value was 2.5% in 2021.
- What is the lowest gdp weights used in the calculation of the global specific indicator recorded in Austria?
- The lowest recorded value was 2.1% in 2014.
- How does Austria rank for gdp weights used in the calculation of the global specific indicator?
- Austria ranks 15th out of 37 countries with data for 2023.
- Is gdp weights used in the calculation of the global specific indicator rising or falling in Austria?
- Over the last ten years it is up 19.0%. 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 GDP weights used in the calculation of the global specific indicator. Statizoid updates them automatically from the source API.
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