GDP growth in Austria

Austria: GDP growth was -1.2% in 2024. β—† Volatile

Latest (2024)
-1.2%
Change on year
down 22.9%
World rank
194th
of 209 countries
All-time high
7.1%
in 1970
All-time low
-6.3%
in 2020
Years of data
55
1970–2024

GDP growth in Austria, 1970–2024

-505197019972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Austria is -1.2%, measured in 2024.

Compared with earlier readings it is down 22.9% on the previous year and down 255.3% over ten years.

Over the whole period, gdp growth in Austria peaked at 7.1% in 1970 and was at its lowest, -6.3%, in 2020.

Austria ranks 194th of 209 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.2% -0.4% 7.1% 10
1980s 2.0% -0.1% 3.9% 10
1990s 2.7% 0.5% 4.3% 10
2000s 1.7% -3.6% 3.8% 10
2010s 1.6% -0.3% 2.9% 10
2020s 0.3% -6.3% 5.3% 5

Countries ranked near Austria

  1. 191 Lebanon -0.8% compare
  2. 192 Myanmar -1.0% compare
  3. 193 Liechtenstein -1.2% compare
  4. 195 Syria -1.2% compare
  5. 196 United States Virgin Islands -1.3% compare
  6. 197 Iraq -1.5% compare

See the full ranking of 212 places β†’

More population data for Austria

All data for Austria β†’

Frequently asked questions

What is gdp growth in Austria?
Gdp growth in Austria was -1.2% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Austria?
The highest recorded value was 7.1% in 1970.
What is the lowest gdp growth recorded in Austria?
The lowest recorded value was -6.3% in 2020.
How does Austria rank for gdp growth?
Austria ranks 194th out of 209 countries with data for 2024.
Is gdp growth rising or falling in Austria?
Over the last ten years it is down 255.3%. The long-run trend across the full record is volatile.
Where does this Austria data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Austria. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/austria/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release