Austria: economy

What is the inflation rate in Austria?

Consumer prices in Austria were 3.6% higher in September 2026 than a year earlier, according to the Statistik Austria flash estimate. Prices rose 0.2% on the month. The harmonised EU measure (HICP) was 3.5%.

In the same estimate, energy prices were 14.5% higher than a year earlier and services 4.2% higher. Core inflation, which leaves out energy, food, alcohol and tobacco, was 3.0%. A flash estimate is based on incomplete price data, and Statistik Austria publishes the full September results, with all categories, on 16 October 2026. The ECB aims for 2% inflation over the medium term for the euro area as a whole.

Official sources: Statistik Austria flash estimate

What is Austria's GDP growth rate?

Austria's real GDP grew 0.7% in 2025, according to Statistik Austria. Nominal GDP was EUR 518.2 billion, or EUR 56,298 per person. In 2026, GDP was 1.3% higher in the first quarter and 0.6% higher in the second quarter than a year earlier.

Compared with the previous quarter, GDP grew 0.3% in the first quarter of 2026 and shrank 0.1% in the second. Quarterly figures are seasonally and calendar adjusted. The annual figure for 2025 comes from the detailed national accounts published in September 2026, and earlier estimates can be revised when new source data arrive.

Official sources: Statistik Austria

What is the interest rate in Austria?

Austria uses the euro, so its key interest rates are set by the European Central Bank. The ECB deposit facility rate has been 2.50% since 16 September 2026, according to the ECB key interest rates page. It was raised from 2.25%, which applied from 17 June 2026, and before that it had been 2.00% from 11 June 2025.

The deposit facility rate is the rate banks earn on overnight deposits with the Eurosystem, and it is the ECB's main tool for steering money-market rates. It feeds through to variable-rate loans and savings rates in Austria. The ECB page lists every change with its date.

Official sources: ECB key interest rates page

How much does Austria export?

Austria exported EUR 17.61 billion of goods in July 2026, 6.7% more than a year earlier, and imported EUR 17.34 billion, 1.9% more, according to Statistik Austria. That left a trade surplus of EUR 0.27 billion, the first monthly surplus since October 2024.

These are first results for goods trade only; services such as tourism are not included. Statistik Austria revises monthly trade figures as late customs and Intrastat declarations come in, so the July values can change. The release also breaks trade down by partner country and product group.

Official sources: Statistik Austria

How fast is Austria's economy growing?

The latest figure from the World Bank, for 2025, is 0.6%. Since 2005 it has ranged from -6.3% (2020) to 5.3% (2022). Europe & Central Asia median: 2.1%; Austria is 44th highest of 49. Worldwide: 162nd of 180.

How rich is Austria per person?

The World Bank puts GDP per person in Austria at $62,930 in 2025. It is the top of the series, which starts in 2005. Across Europe & Central Asia the middle value was $28,420, and Austria placed 9th highest of 49. Of 180 countries with 2025 data, 13th highest.

How does Austria's income per person compare after prices?

According to the World Bank, GDP per person at purchasing power parity in Austria was $76,778 in international dollars in 2025. That is the highest since at least 2005. Across Europe & Central Asia the middle value was $50,946 in international dollars, and Austria placed 9th highest of 49. Worldwide: 14th of 179.

What share of Austria's economy is exports?

54.7% of GDP: that is exports of goods and services in Austria for 2025, according to the World Bank. Its high point since 2005 was 2022, at 61.4% of GDP; its low point was 2009, at 45.5% of GDP. It is 17th highest of 46 in Europe & Central Asia, where the median is 47.7% of GDP. World rank, highest first: 31st of 133.

What is Austria's current account balance?

1.8% of GDP: that is the current account balance in Austria for 2025, according to the IMF. Since 2005 it has ranged from -0.8% of GDP (2022) to 4.5% of GDP (2008). Across Europe & Central Asia the middle value was -0.3% of GDP, and Austria placed 13th highest of 47. Of 132 countries with 2025 data, 38th highest.

How much foreign investment does Austria receive?

The latest figure from the IMF, for 2025, is -2.0% of GDP. The peak was 25.8% of GDP in 2005 and the low -7.2% of GDP in 2016. It is 44th highest of 49 in Europe & Central Asia, where the median is 1.9% of GDP. Worldwide: 170th of 179.