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Selected economic measures

	2014	2015	2016	2017	2018	2019	2020	2021	2022
EUR
Nominal GDP per capita	38,992	39,894	40,917	41,996	43,594	44,738	42,733	45,372	49,444
Real GDP per capita, reference year 2010	39,889	39,894	40,175	40,824	41,612	42,054	39,167	40,793	42,348
Nominal GDP per employee	74,134	76,075	77,886	79,105	81,036	82,485	80,665	83,990	89,726
Real GDP per employee, reference year 2010	75,840	76,075	76,473	76,897	77,351	77,536	73,933	75,513	76,848
Per capita compensation of employees
gross	3,449	3,532	3,619	3,673	3,765	3,869	3,931	4,060	x
net	2,378	2,424	2,557	2,591	2,643	2,718	2,784	2,852	x
%
Employment rate1	71.1	71.1	71.5	72.2	73.0	73.6	72.4	72.4	x
Consumption ratio2	53.4	52.7	52.3	52.5	51.9	51.6	50.2	49.9	50.7
Investment ratio3	23.5	23.8	24.3	24.8	25.7	25.3	25.6	27.8	27.4
Import ratio (goods)4	37.6	36.8	36.0	37.6	38.4	37.3	35.8	41.4	44.2
Import ratio (goods and services)5	50.1	49.3	48.6	50.9	52.5	52.1	48.6	55.3	59.3
Export ratio (goods)6	37.9	37.5	36.8	37.9	38.7	38.5	36.7	41.4	44.0
Export ratio (goods and services)7	53.4	53.1	52.4	54.1	55.5	55.8	51.6	55.9	60.8
Education spending ratio8	5.0	5.0	5.0	4.9	4.8	4.8	5.0	x	x
Health spending ratio9	11.1	11.1	11.1	11.1	11.1	11.2	12.1	12.8	x
Social spending ratio10	29.7	29.8	29.8	29.3	29.1	29.3	34.0	32.9	x
Fiscal burden11	43.5	43.9	42.4	42.5	42.9	43.2	42.7	43.8	43.5
Saving ratio12	7.3	6.7	7.8	7.5	7.7	8.6	13.3	12.0	x
Adjusted wage ratio13	68.5	69.3	67.9	68.9	68.9	69.2	68.9	68.6	x
Current account ratio14	2.5	1.7	2.7	1.4	0.9	2.4	3.0	0.4	0.7
R&D ratio15	3.1	3.1	3.1	3.1	3.1	3.1	3.2	3.2	3.3
Unemployment rate16	6.0	6.2	6.5	5.9	5.2	4.8	6.1	6.2	4.8
Annual change in %
Real GDP growth at previous year constant prices	0.7	1.0	2.0	2.3	2.4	1.5	−6.5	4.6	5.0
Unit labor costs17
all industries	2.1	1.6	1.8	1.0	2.2	2.4	7.1	0.3	2.5
manufacturing	0.2	1.2	−1.1	−0.6	1.7	3.2	4.5	−5.4	x
Relative unit labor costs1718
vis-à-vis Germany	1.6	−0.6	0.2	0.3	−0.8	−1.5	−1.3	−3.1	x
Source: OeNB, Statistics Austria, WIFO.
1  Share of employed persons aged 15 to 64 in the total population of the same age group.
2  Consumption as a share of GDP.
3  Investment as a share of GDP.
4  Imports of goods as a share of GDP.
5  Imports of goods and services as a share of GDP.
6  Exports of goods as a share of GDP.
7  Exports of goods and services as a share of GDP.
8  Spending on education (excluding R&D spending) as a share of GDP following ESA 2010, 2012 following ISCED 2011-Classifikation.
9  Spending on health care as a share of GDP according to the System of Health Accounts (OECD). Incl. spending on long-term care from February 2017 (data have been backcast).
10  Social spending as a share of GDP.
11  Tax revenues and actual social contributions plus imputed social contributions less irrecoverable taxes and social contributions as a share of GDP.
12  Household saving as a share of the sum of disposable income and the change in the net equity of households in pension fund reserves.
13  Compensation of employees as a percentage of net national income minus taxes on production less subsidies, adjusted for the shift of the share of payroll employment in the economically active population against the base year 1995.
14  Current account balance as a share of GDP. Current account balance from 2006 onwards following BPM6.
15  Spending on research and development as a share of GDP. 2022: Statistics Austria's estimate.
16  As defined by Eurostat.
17  + = deterioration, - = improvement.
18  In euro terms.

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last update on 31.03.2023 18:51

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