HICP - RESTAURANTS AND HOTELS in Austria
Austria: HICP - RESTAURANTS AND HOTELS was 6.7 in 2024. ◆ Volatile
Latest (2024)
6.7
Change on year
down 42.2%
World rank
9th
of 31 countries
All-time high
11.6
in 2023
All-time low
0.9
in 2010
Years of data
29
1996–2024
HICP - RESTAURANTS AND HOTELS in Austria, 1996–2024
Source: European Central Bank.
Analysis
The most recent figure for hicp - restaurants and hotels in Austria is 6.7, measured in 2024.
Compared with earlier readings it is down 42.2% on the previous year and up 131.0% over ten years.
Over the whole period, hicp - restaurants and hotels in Austria peaked at 11.6 in 2023 and was at its lowest, 0.9, in 2010.
Austria ranks 9th of 31 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - RESTAURANTS AND HOTELS in Austria, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 2.6 | — |
| 1997 | 2.1 | -19.2% |
| 1998 | 1.8 | -14.3% |
| 1999 | 1.3 | -27.8% |
| 2000 | 2.1 | +61.5% |
| 2001 | 2.6 | +23.8% |
| 2002 | 2.8 | +7.7% |
| 2003 | 2.7 | -3.6% |
| 2004 | 2.5 | -7.4% |
| 2005 | 2.4 | -4.0% |
| 2006 | 1.8 | -25.0% |
| 2007 | 2.2 | +22.2% |
| 2008 | 3.7 | +68.2% |
| 2009 | 2.2 | -40.5% |
| 2010 | 0.9 | -59.1% |
| 2011 | 3.7 | +311.1% |
| 2012 | 3.2 | -13.5% |
| 2013 | 3.2 | +0.0% |
| 2014 | 2.9 | -9.4% |
| 2015 | 2.9 | +0.0% |
| 2016 | 3.5 | +20.7% |
| 2017 | 2.8 | -20.0% |
| 2018 | 3 | +7.1% |
| 2019 | 2.8 | -6.7% |
| 2020 | 3.4 | +21.4% |
| 2021 | 3.8 | +11.8% |
| 2022 | 9 | +136.8% |
| 2023 | 11.6 | +28.9% |
| 2024 | 6.7 | -42.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.95 | 1.3 | 2.6 | 4 |
| 2000s | 2.5 | 1.8 | 3.7 | 10 |
| 2010s | 2.89 | 0.9 | 3.7 | 10 |
| 2020s | 6.9 | 3.4 | 11.6 | 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)
- Final consumption expenditure (constant 2015 US$), per capita 33,331 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 8.47 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9741 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 61,303 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 3.9 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.8621 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 54,251 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 1.25 % change on previous year (2025)
Frequently asked questions
- What is hicp - restaurants and hotels in Austria?
- Hicp - restaurants and hotels in Austria was 6.7 in 2024, according to European Central Bank.
- What is the highest hicp - restaurants and hotels recorded in Austria?
- The highest recorded value was 11.6 in 2023.
- What is the lowest hicp - restaurants and hotels recorded in Austria?
- The lowest recorded value was 0.9 in 2010.
- How does Austria rank for hicp - restaurants and hotels?
- Austria ranks 9th out of 31 countries with data for 2024.
- Is hicp - restaurants and hotels rising or falling in Austria?
- Over the last ten years it is up 131.0%. The long-run trend across the full record is volatile.
- Where does this Austria data come from?
- The figures come from European Central Bank, published as part of HICP - RESTAURANTS AND HOTELS (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
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