Austria 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$434.40 billion
↓ 1.94% vs 2019GDP per Capita
$48,716.41
↓ 2.34% vs 2019GDP Growth (Annual %)
-6.32%
↓ 8.07pp vs 2019Inflation Rate (CPI %)
1.38%
↓ 0.15pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $442.98 billion | $434.40 billion | -1.94% |
| GDP per Capita | $49,885.99 | $48,716.41 | -2.34% |
| GDP Growth (Annual %) | 1.75% | -6.32% | -8.07pp |
| Inflation (CPI %) | 1.53% | 1.38% | -0.15pp |
| Unemployment Rate (%) | 4.56% | 5.20% | +0.64pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $434.40 billion
- GDP per Capita
- $48,716.41
- GDP Growth (Annual %)
- -6.32%
- Gross National Income
- $439.55 billion
Prices & Employment
- Inflation (CPI %)
- 1.38%
- Inflation (GDP Deflator %)
- 2.59%
- Unemployment Rate (%)
- 5.20%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 3.35%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Austria's Gross Domestic Product (GDP) is $434.40 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Austria for 2020 is $48,716.41. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Austria for 2020 is 1.38%. This measures the annual percentage change in the cost of consumer goods and services.
Austria's annual GDP growth rate for 2020 is -6.32%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Austria for 2020 is 5.20%. This represents the percentage of the labor force that is unemployed and actively seeking employment.