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Austria GDP Components Analysis 2020-2024

Key Insights

Austria’s GDP at current prices (B1G) showed consistent growth from €340.5 billion in 2020 to €433.7 billion in 2024, representing a 27.4% increase over the period. The largest component, Final Consumption Expenditure (P3), grew from €269.6 billion to €361.4 billion. Gross Fixed Capital Formation (P51G) increased from €95.6 billion to €118.8 billion, indicating strong investment activity. Exports (P7) fluctuated more significantly, peaking in 2022 at €279.6 billion before declining to €262.9 billion in 2024.

Chart Information

Chart Type: Line Chart

Time Period: 2020-2024 (Annual data)

Unit: Million EUR at Current Prices

NUTS ID: AT (Austria)

Colors Used: Primary color #18baa8 with complementary shades for different components

Data Values Used (Million EUR)

Component 2020 2021 2022 2023 2024
GDP (B1G) 340,529.9 362,537.3 401,372.2 424,979.6 433,724.3
Final Consumption (P3) 269,644.0 290,307.4 320,312.7 344,045.7 361,393.3
Gross Fixed Capital Formation (P51G) 95,590.1 105,115.7 114,126.2 117,839.3 118,831.7
Exports (P7) 183,637.0 223,748.2 279,649.7 271,392.5 262,882.2
Imports (P6) 196,484.0 227,300.5 277,597.4 281,402.2 276,613.4

Gross domestic product (GDP) and main components (output, expenditure and income)

AT (Austria)

Data-Level: AT Source: Eurostat - nama_10_gdp dataset. Data extracted for Austria (AT) covering the period 2020-2024.

Economic structureGDP components

Eurostat
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