Macro‑Economic Monitor

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Austria economy

Austria’s economy grew 0.6% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 3.5% in 2025, and 5.6% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth0.6%2025
Inflation (consumer prices)3.5%2025
Unemployment5.6%2025
GDP (US dollars)$580 bn2025
GDP per person (US dollars)$62,9302025
GDP per person (PPP, international dollars)$73,9112024
Current account balance, % of GDP1.8%2025
Budget balance, % of GDP−3.6%2024
Extreme poverty, % of people below $3.00 a day0.5%2023
Population9.2 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.