Austria flag

Austria GDP Growth Rate (2026)

Latest Update: September 2026
Source: IMF
Austria has an advanced Central European economy supported by services, manufacturing, tourism, trade, and household consumption. This page examines its GDP growth trend, historical performance, regional comparison, and outlook.
GDP Growth Rate 2026
+0.7%
Annual real GDP growth
World Rank
#176
Out of 195 countries
Change vs 2025
+0.1 pp
2025: +0.6%
Europe Rank
#39
Out of 43 countries

1. Austria GDP Growth Rate in 2026

Austrian economic growth is influenced by domestic demand, industrial production, exports, tourism, and business investment. Conditions in Germany and the wider euro area have a significant impact on economic activity.

2. Austria GDP Growth Rate Trends (1980–2026)

Austria’s growth history reflects a mature, export-oriented European economy closely integrated with neighboring markets. Manufacturing, tourism, investment, and household consumption have shaped long-term performance.

3. Austria GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +0.7% +0.1 pp
2025 +0.6% +1.3 pp
2024 -0.7% +0.1 pp
2023 -0.8% -6.1 pp
2022 +5.3% +0.4 pp
2021 +4.9% +11.2 pp
2020 -6.3% -8.1 pp
2019 +1.8% -0.7 pp
2018 +2.5% +0.2 pp
2017 +2.3% +0.2 pp

4. Austria GDP Growth Performance

Current Growth Rate
+0.7%
(2026 to 2026)
5-Year Average
+1.0%
(2022 to 2026)
10-Year Average
+1.0%
(2017 to 2026)
20-Year Average
+1.1%
(2007 to 2026)
Austria benefits from a skilled workforce, strong industrial base, and tourism sector, although weak manufacturing demand and tighter financial conditions can slow economic activity. Domestic recovery can provide gradual support.

5. Austria GDP Growth Rate vs Europe and World

Austria
+0.7%
Europe Average
+1.9%
World Average
+2.8%
0.0% 1.4% 2.8%
Annual real GDP growth (%)
Austria’s GDP growth rate is approximately 1.2 pp below the Europe average and 2.1 pp below the world average.

6. Austria GDP Growth Rate Ranking in Europe

Rank Country GDP Growth Rate
#35 France +0.9%
#36 United Kingdom +0.8%
#37 Germany +0.8%
#38 Romania +0.7%
#39 Austria +0.7%
#40 Belgium +0.7%
#41 Slovakia +0.6%
#42 Italy +0.5%
#43 Liechtenstein -0.4%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Austria

Austria GDP (Nominal)
$623.7 Billion
(2026)
Austria GDP Growth Rate
+0.7%
(2026)
Austria generally records moderate growth comparable with other advanced European economies. Its close integration with Germany and Central Europe makes regional industrial conditions particularly important.
Explore more: Austria GDP

9. Austria GDP Growth Rate Forecast

The outlook depends on industrial recovery, consumer demand, investment, tourism, and European growth. Energy costs, weak external demand, and structural competitiveness remain important risks.
Year GDP Growth Rate Change
2027 +1.0% +0.3 pp
2028 +1.3% +0.3 pp
2029 +1.1% -0.2 pp
2030 +0.8% -0.3 pp

10. Austria GDP Growth Rate: Key Findings

Austria GDP growth rate is estimated at +0.7% in 2026.
It ranks #176 globally and #39 in Europe by annual GDP growth rate.
The growth rate accelerated by 0.1 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.0%.
The 10-year average GDP growth rate is +1.0%.
The current rate is 1.2 percentage points below the Europe average.
The current rate is 2.1 percentage points below the world average.
The forecast GDP growth rate is +0.8% in 2030, 0.1 percentage points above the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: September 2026

13. Austria GDP Growth Rate FAQs

Austria GDP growth rate is estimated at +0.7% in 2026.
Austria ranks #176 globally and #39 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +0.7% in 2026.
Austria GDP growth rate was +1.3% in 2015.
Austria GDP growth rate is 1.2 percentage points below the Europe average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.