Austria Economy 2026: GDP, Growth Rate & World Ranking

Austria has the 30th-largest nominal GDP of the 189 economies SOTW covers for 2026: $616.90 billion (IMF projection). It sits just behind Norway ($651.71 billion) and ahead of Thailand ($599.12 billion). The IMF projects real GDP growth of 0.6% and inflation of 3.1% for 2026. Austria's population was 9.2 million in 2025.

Nominal GDP: $616.90B; Reference year 2026 (IMF projection); current US dollars; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
616896000000 current US dollars
Real GDP growth: 0.6%; Reference year 2026 (IMF projection); annual percent change in real GDP; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
0.6 annual percent change in real GDP
Inflation (annual-average CPI): 3.1%; Reference year 2026 (IMF projection); annual percent change in average consumer prices; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
3.1 annual percent change in average consumer prices
Unemployment: 5.7%; Reference year 2026 (IMF projection); percent of labor force; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
5.7 percent of labor force
GDP per person: $67,020; Reference year 2026 (IMF projection); current US dollars per person; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
67020.079 current US dollars per person
Population: 9.2M; Reference year 2025; people; World Bank (World Development Indicators); Series and history →; Unrounded value
9208163 people
General government gross debt: 82.4%; Reference year 2026 (IMF projection); percent of GDP; International Monetary Fund (World Economic Outlook); Series and history →; Unrounded value
82.4 percent of GDP
Life expectancy at birth: 82.0 years; Reference year 2024; years; World Bank (World Development Indicators); Series and history →; Unrounded value
81.9951219512195 years

IMF projection: a forecast from the IMF World Economic Outlook, revised at each release, not a measured value.

About these figures

Each figure keeps its own year, unit and source, shown on its card. Missing values are not zero: a card that says Not reported has no figure for this economy.

IMF figures for the current year and later are projections from the World Economic Outlook and change with each edition. Earlier IMF years can still be estimates. Some economies report on a fiscal year rather than a calendar year, and the source data do not record each country-specific fiscal-year mapping, so the same year label may not cover the same twelve months everywhere.

The GDP rank compares economies with a positive IMF figure for the same year; older figures and regional aggregates are not ranked. Nominal GDP is in US dollars at market exchange rates. GDP per person is output per person, not a typical income. General government gross debt covers every level of government, so it is broader than central-government debt.

Population follows the World Bank's midyear-estimate definition. Open a card's Unrounded value for the full figure, or its series link for the history.

Austria Economic Overview

Austria is a wealthy, highly developed economy at the geographic and economic heart of Europe. With GDP per capita of $67,020 in 2026 (IMF projection), it ranks among the EU's wealthiest members. The economy combines German-style industrial strength with Alpine tourism — Vienna, Salzburg, and ski resorts attract over 30 million visitors annually, making tourism roughly 8% of GDP. Austria's manufacturing sector is deeply integrated with Germany's supply chains, particularly in automotive components, machinery, and steel.

Austria hosts several major international organizations in Vienna (UN, OPEC, OSCE, IAEA), giving it outsized diplomatic significance. The banking sector has historically served as a bridge between Western and Eastern Europe, with Austrian banks (Raiffeisen, Erste Group) being among the largest lenders in Central and Eastern Europe. Red Bull, headquartered in Fuschl am See, is Austria's most globally recognized brand.

Challenges include dependence on German economic performance (Germany is by far the largest trade partner), exposure to Eastern European economic risks through banking, an aging population, and the need to decarbonize while maintaining industrial competitiveness. Austria generates roughly 80% of electricity from renewables (primarily hydroelectric), one of the highest shares in the EU. Life expectancy at 82.0 years in 2024 reflects excellent healthcare and quality of life.

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Questions about Austria's figures

What is Austria's nominal GDP for 2026?

Austria's nominal GDP is $616.90B (current US dollars; reference year 2026, an IMF projection). Source: International Monetary Fund (World Economic Outlook). Rank 30 among 189 covered IMF economies for reference year 2026.

What is Austria's real GDP growth for 2026?

Austria's real GDP growth is 0.6% (annual percent change in real GDP; reference year 2026, an IMF projection). Source: International Monetary Fund (World Economic Outlook).

What is Austria's population for 2025?

Austria's population is 9.2M (people; reference year 2025). Source: World Bank (World Development Indicators). The World Bank definition describes midyear population estimates.

What is Austria's life expectancy at birth for 2024?

Austria's life expectancy at birth is 82.0 years (years; reference year 2024). Source: World Bank (World Development Indicators).