GDP growth forecast in Austria 2020-2024

Based on estimates made by the European Commission so far in 2020, the GDP in Austria will decrease by 7.1 percent, compared to the previous year, as a consequence of the coronavirus (COVID-19) pandemic. The forecast for 2021 predicts the opposite, a growth of 5.6 percent.

Forecast for year-on-year gross domestic product (GDP) growth in Austria from 2020 to 2024

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Source

Release date

July 2020

Region

Austria

Survey time period

April to July 2020

Special properties

Real (adjusted for price)

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Statistics on "Coronavirus (COVID-19) in Austria"

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