Gross Domestic Product — Value US$ in Austria
Austria: Gross Domestic Product — Value US$ was 521,642 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Austria, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Austria stood at 521,642 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 1.9% on the previous year and up 18.9% over ten years.
Over the whole period, gross domestic product — value us$ in Austria peaked at 521,642 million USD in 2024 and was at its lowest, 15,313 million USD, in 1970.
That places Austria 36th out of 236 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Austria, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 15,313 million USD | — |
| 1971 | 17,789 million USD | +16.2% |
| 1972 | 21,974 million USD | +23.5% |
| 1973 | 29,399 million USD | +33.8% |
| 1974 | 35,050 million USD | +19.2% |
| 1975 | 39,902 million USD | +13.8% |
| 1976 | 42,791 million USD | +7.2% |
| 1977 | 51,346 million USD | +20.0% |
| 1978 | 61,807 million USD | +20.4% |
| 1979 | 73,651 million USD | +19.2% |
| 1980 | 81,734 million USD | +11.0% |
| 1981 | 70,753 million USD | -13.4% |
| 1982 | 70,994 million USD | +0.3% |
| 1983 | 71,836 million USD | +1.2% |
| 1984 | 67,718 million USD | -5.7% |
| 1985 | 69,117 million USD | +2.1% |
| 1986 | 98,648 million USD | +42.7% |
| 1987 | 123,687 million USD | +25.4% |
| 1988 | 132,811 million USD | +7.4% |
| 1989 | 132,583 million USD | -0.2% |
| 1990 | 165,816 million USD | +25.1% |
| 1991 | 173,109 million USD | +4.4% |
| 1992 | 194,308 million USD | +12.2% |
| 1993 | 189,624 million USD | -2.4% |
| 1994 | 202,749 million USD | +6.9% |
| 1995 | 240,110 million USD | +18.4% |
| 1996 | 235,966 million USD | -1.7% |
| 1997 | 211,721 million USD | -10.3% |
| 1998 | 217,063 million USD | +2.5% |
| 1999 | 216,422 million USD | -0.3% |
| 2000 | 196,182 million USD | -9.4% |
| 2001 | 196,477 million USD | +0.2% |
| 2002 | 212,837 million USD | +8.3% |
| 2003 | 260,780 million USD | +22.5% |
| 2004 | 299,210 million USD | +14.7% |
| 2005 | 313,952 million USD | +4.9% |
| 2006 | 333,906 million USD | +6.4% |
| 2007 | 386,760 million USD | +15.8% |
| 2008 | 429,234 million USD | +11.0% |
| 2009 | 399,290 million USD | -7.0% |
| 2010 | 389,828 million USD | -2.4% |
| 2011 | 428,955 million USD | +10.0% |
| 2012 | 406,750 million USD | -5.2% |
| 2013 | 426,580 million USD | +4.9% |
| 2014 | 438,556 million USD | +2.8% |
| 2015 | 379,546 million USD | -13.5% |
| 2016 | 393,687 million USD | +3.7% |
| 2017 | 414,926 million USD | +5.4% |
| 2018 | 452,582 million USD | +9.1% |
| 2019 | 442,984 million USD | -2.1% |
| 2020 | 434,398 million USD | -1.9% |
| 2021 | 480,467 million USD | +10.6% |
| 2022 | 471,774 million USD | -1.8% |
| 2023 | 511,685 million USD | +8.5% |
| 2024 | 521,642 million USD | +1.9% |
Austria compared with similar countries
- Austria's 521,642 million USD is above the median for high income countries, which is 95,350 million USD, 5.5× the median. (73 countries reporting)
- Austria's 521,642 million USD is above the median for Europe & Central Asia, which is 97,163 million USD, 5.4× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38,902 million USD | 15,313 million USD | 73,651 million USD | 10 |
| 1980s | 91,988 million USD | 67,718 million USD | 132,811 million USD | 10 |
| 1990s | 204,689 million USD | 165,816 million USD | 240,110 million USD | 10 |
| 2000s | 302,863 million USD | 196,182 million USD | 429,234 million USD | 10 |
| 2010s | 417,439 million USD | 379,546 million USD | 452,582 million USD | 10 |
| 2020s | 483,993 million USD | 434,398 million USD | 521,642 million USD | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Austria?
- Gross domestic product — value us$ in Austria was 521,642 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Austria?
- The highest recorded value was 521,642 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Austria?
- The lowest recorded value was 15,313 million USD in 1970.
- How does Austria rank for gross domestic product — value us$?
- Austria ranks 36th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Austria?
- Over the last ten years it is up 18.9%. The long-run trend across the full record is volatile.
- Where does this Austria data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).