CURRENT ECONOMIC DATA

Current Economic Data 

Austria: Selected economic indicators

Recent update:  July 1, 2011

 

 

	2009	2010	2011	2012
Rate of change in %
GDP, nominal	-3.1	3.7	5.3	3.9
GDP, real	-3.9	2.1	3.0	1.8
Private consumption expenditure, real	1.3	1.1	0.9	1.1
Gross fixed capital formation, real	-8.8	-1.0	3.8	2.2
Exports of goods, real ( Statistics Austria)	-18.7	12.8	10.0	7.6
Imports of goods, real ( Statistics Austria)	-15.1	11.1	8.5	6.9
Employment1)	-1.5	0.8	1.6	0.9
Unemployment rate (Eurostat, in %)	4.8	4.4	4.2	4.2
Inflation (HICP, in %)	0.4	1.7	3.4	2.7
Balance on current account (in % of GDP)	3.1	2.7	3.2	3.5
Net lending of general government (Maastricht, in % of GDP)2)	-4.1	-4.6	-3.9	-3.3
Gross debt of general government (in % of GDP)2)	69.6	72.3	73.6	75.0
Productivity3)	-3.1	1.1	1.5	1.1
Unit labour costs4)	4.8	0.3	1.2	2.1

 

1) Non self-employed without recipients of childcare benefits and without conscripts
2) Austrian Stability Programme for the period 2010 to 2014
3) GDP per employee (Economy as a whole)
4) Economy as a whole

Source: Austrian Institute of Economic Research (WIFO), Federal Ministry of Finance (BMF)