Austria's economy is advanced, export-driven, and diversified across manufacturing, services, and tourism. The country has strong engineering and industrial capabilities, producing machinery, automotive components, and high-quality manufactured goods for European and global markets. Financial services and public administration also play key roles, while tourism thrives on Alpine attractions and cultural cities such as Vienna. Austria faces challenges including demographic shifts and energy costs, yet steady investment in digitalization, green technology, and research supports continued economic resilience and competitiveness.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Austria GDP statistics.