Gross Domestic Product of Austria fell -6.6% in 2020 compared to last year. This rate is 81 -tenths of one percent less than the previous year, when changed 1.5%.
The GDP figure in 2020 was €380,889$432,912 million, Austria is number 27 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Austria dropped €16,258$12,149 million with respect to 2019.
The GDP per capita of Austria in 2020 was €42,720$48,636, €2,020$1,603 less than in 2019, when it was €44,740$50,239. 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 2010 when the GDP per capita in Austria was €35,390$46,955.
If we order the countries according to their GDP per capita, Austria is well positioned in terms of the standard of living of its population, coming 16th out of the 196 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.