Austria 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$511.69 billion
↑ 8.46% vs 2022GDP per Capita
$56,033.57
↑ 7.39% vs 2022GDP Growth (Annual %)
-0.95%
↓ 6.23pp vs 2022Inflation Rate (CPI %)
7.81%
↓ 0.73pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $471.77 billion | $511.69 billion | +8.46% |
| GDP per Capita | $52,176.66 | $56,033.57 | +7.39% |
| GDP Growth (Annual %) | 5.28% | -0.95% | -6.23pp |
| Inflation (CPI %) | 8.55% | 7.81% | -0.73pp |
| Unemployment Rate (%) | 4.99% | 5.26% | +0.27pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $511.69 billion
- GDP per Capita
- $56,033.57
- GDP Growth (Annual %)
- -0.95%
- Gross National Income
- $510.08 billion
Prices & Employment
- Inflation (CPI %)
- 7.81%
- Inflation (GDP Deflator %)
- 6.65%
- Unemployment Rate (%)
- 5.26%
- 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)
- 1.33%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Austria's Gross Domestic Product (GDP) is $511.69 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Austria for 2023 is $56,033.57. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Austria for 2023 is 7.81%. This measures the annual percentage change in the cost of consumer goods and services.
Austria's annual GDP growth rate for 2023 is -0.95%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Austria for 2023 is 5.26%. This represents the percentage of the labor force that is unemployed and actively seeking employment.