Austria Economy

Austria Economy

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 View diagram Austria Economy

Austria GDP growth rate

Austria GDP growth rate

Austria economy annual growth rate from 2000 to today. GDP growth (yearly %). World Bank and OECD national accounts data. Austria’s economy contracted by 0.83% in 2023. Weak external demand, high inflation, and energy challenges slowed activity, especially in industry.