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Austria real GDPAA

Austria real GDP

94.5 BEURR
−17.82 M
EUR
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ATGDPCP chart


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Key data points


Last release
—
Observation period
Q4 2024
Next release
—
Forecast
—
Highest
‪97.66 B‬ EUR on Dec 31, 2022
Lowest
‪36.77 B‬ EUR on Mar 31, 1988

About Austria real GDP


Category
GDP
Source
Statistics Austria
Frequency
Quarterly
Units
EUR

Austria in figures — see more economic indicators tied to ATGDPCP.
ATFYGDPG
R
Full Year GDP Growth
−1.3%
ATGDP
R
GDP
511.69 BUSD
ATGDPCP
R
Real GDP
94.5 BEUR
ATGDPPC
R
GDP Per Capita
46.34 KUSD
ATGDPPCP
R
GDP Per Capita PPP
64.34 KUSD
ATGDPQQ
R
GDP Growth Rate
0.2%
ATGDPYY
R
GDP Growth
−0.7%
ATGFCF
R
Gross Fixed Capital Formation
23.89 BEUR
ATGNP
R
Gross National Product
481.94 BEUR

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Austria real GDP was 94.5 B EUR, and the quarter before it reached 94.52 B EUR.