Gross Domestic Product of Austria fell -0.2% in 1978 compared to last year. This rate is 53 -tenths of one percent less than the previous year, when changed 5.1%.
The GDP figure in 1978 was €48,302$62,052 million, leaving Austria placed 8th in the ranking of GDP of the 22 countries that we publish. The absolute value of GDP in Austria rose €3,552$10,506 million with respect to 1977.
The GDP per capita of Austria in 1978 was €6,400$8,215, €500$1,407 higher than in 1977, it was €5,900$6,808. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 1968 when the GDP per capita in Austria was €3,222$1,675.
If we order the countries according to their GDP per capita, Austria is very well positioned in terms of the standard of living of its population, coming 11th out of the 22 countries whose GDP we publish.
Here we show you the progression of the GDP in Austria. You can see GDP in other countries in GDP and see all the economic information about Austria in Austria's economy.