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Economy, jobs and prices in Graz (Styria, Austria): official figures

GDP per person was 53,000 purchasing power standards (PPS) in 2023, 138% of the EU average (121% for Austria); 5th highest of 35 district groups in Austria.

GDP per person (PPS)
53,000
2023
People in work
295,900
2023

How big is the economy of Graz?

The local economy produced €27.7 billion of output (GDP) in 2023.

Source: Eurostat · saved copy

How many people work in Graz?

About 295,900 people worked in Graz in 2023 (employment by place of work).

Source: Eurostat · saved copy

What is the main industry in Graz?

The largest part of the economy of Graz in 2023 was public administration, education, health and other services, at 26.4% of gross value added, followed by finance, property and business services (24.9%).

Source: Eurostat · saved copy

How industrial is Graz?

Industry (manufacturing, mining and energy) made up 22.9% of output in 2023, against 22.4% for Austria.

Source: Eurostat · saved copy

How fast is the economy of Graz growing?

Gross value added rose from €17.5 billion in 2015 to €24.9 billion in 2023 in current prices, an increase of 43% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Graz?

Of the 295,900 jobs located in Graz in 2023, 33% in public services, education, health and other services, 16% in industry and 1.3% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Graz?

The number of people working in Graz rose by 16.1% between 2015 and 2023, to 295,900.

Source: Eurostat · saved copy

How Graz compares with other district groups in Austria

Share of output from industry (manufacturing, mining and energy) (2023)

Graz ranks 22 of 35, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
19Wiener Umland/Nordteil24.6%
20Salzburg und Umgebung23.7%
21Weinviertel23.2%
22Graz22.9%
23Oststeiermark22.9%
24Waldviertel21.8%
25Liezen21.3%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2023)

Graz ranks 5 of 35, highest first.

RankAreaShare of output from finance, property and business services
2Sankt Pölten26.7%
3Salzburg und Umgebung25.4%
4Wiener Umland/Nordteil25.3%
5Graz24.9%
6Linz-Wels24.7%
7Innsbruck24.6%
8Oststeiermark24.1%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2023)

Graz ranks 4 of 35, highest first.

RankAreaShare of output from public administration, education, health and other services
1Innsbruck28.5%
2Sankt Pölten27.7%
3Südburgenland27.5%
4Graz26.4%
5Vienna24.5%
6Weinviertel23.8%
7Niederösterreich-Süd23.7%
Source: Eurostat · saved copy

More on Graz: overview · Styria · Austria

Sources

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