Overview
Discussions Key data points
Last release
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Observation period
2023
Next release
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Forecast
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Highest
516.03 B USD on Dec 31, 2023
Lowest
6.59 B USD on Dec 31, 1960
About Austria GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Austria GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Austria GDP was 516.03 B USD, and the previous year it amounted to 470.94 B USD.
Austria GDP accounts for 0.49% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2023 Austria GDP per capita was 45.85 K USD, and in 2022 it amounted to 46.70 K USD.
Last quarter Austria real GDP amounted to 93.77 B EUR, the quarter before that it was 93.10 B EUR.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Austria GDP has ever reached is 516.03 B USD.
The lowest ever value Austria GDP has reached is 6.59 B USD.