DATA - Key economic indicators for Austria

Key economic indicators for Austria
	2022	2023	2024	Q3 24	Q4 24	Q1 25	Feb. 25	Mar. 25	Apr. 25

Real economy
Forecast of key economic indicators for Austria

Economic activity
Annual change in % according to national accounts
Gross domestic product	5.3	−1.0	−1.2	−0.9	−0.5	x	x	x	x
Private consumption	4.9	−0.5	0.1	0.0	0.8	x	x	x	x
Government consumption	−0.6	1.2	1.6	0.8	3.1	x	x	x	x
Gross fixed capital formation	0.4	−3.2	−3.4	−2.2	−2.1	x	x	x	x
Total exports	10.0	−0.4	−4.3	−2.1	−5.0	x	x	x	x
Total imports	7.1	−4.6	−5.0	−2.3	−2.2	x	x	x	x
Other economic indicators
Industrial production	5.3	0.0	−4.3	x	x	x	0.3	1.9	x
Retail sales	−0.8	−3.5	x	x	x	x	−0.8	−2.1	x



Contribution to value added according to national accounts
Industrial production (NACE B-E)	9.5	7.6	x	x	x	x	x	x	x
Private services (NACE G-N)	12.2	6.9	x	x	x	x	x	x	x



in % of GDP
Current account balance	−0.9	1.3	2.4	2.8	2.4	x	x	x	x



Prices
Annual change in %
HICP	8.6	7.7	2.9	x	x	x	3.4	3.1	3.3
Core inflation	5.7	7.9	3.9	3.4	3.1	3.1	3.2	2.9	3.2
Residential property prices	10.3	−1.6	−2.1	−2.2	−1.1	0.4	x	x	x
Producer prices	19.4	1.8	−3.6	x	x	x	0.0	0.7	x
Wholesale prices	20.9	−1.7	−1.0	x	x	x	−0.1	−0.2	−1.0



US Dollar/Barrel
Oil price Brent	98.6	82.1	79.7	x	x	x	74.8	71.4	66.0



Saving
in % of disposable income
Net savings ratio	8.8	8.7	11.7	11.2	x	x	x	x	x



Labor market
Annual change in %
Persons employed	2.9	1.1	0.1	x	x	x	0.1	0.0	0.0
Job vacancies	32.0	−13.6	−16.4	x	x	x	−11.1	−11.1	−12.7



in % of labor supply
Unemployment rate ( Eurostat definition)	4.7	5.1	5.2	5.4	5.4	5.4	5.3	5.4	x
Umemployment rate (national definition)	6.3	6.4	7.0	6.5	7.4	8.0	8.1	7.4	7.3



Budget and debt
in % of GDP
General government surplus/deficit (Maastricht)	−3.4	−2.6	−4.7	x	x	x	x	x	x
General government debt	78.4	78.5	81.8	x	x	x	x	x	x



in % of disposable income
Private household debt	92.0	83.2	x	76.5	x	x	x	x	x



in % of gross operating surplus
Corporate debt	378.9	373.9	x	556.5	x	x	x	x	x



Financial indicators
Interest rates, returns and exchange rates
in % p.a.
Average government bond yields weighted by outstanding amounts	1.3	3.0	2.8	2.8	2.6	2.7	2.7	2.8	2.8
Returns on long-term government bonds	1.7	3.1	2.8	x	x	x	2.9	3.1	x
Spread of government bond yields vis a vis Germany	0.6	0.6	0.5	x	x	x	0.5	0.4	x
Interest rates for house purchases (outstanding amount)	1.6	2.9	3.2	x	x	x	2.9	2.9	x
Interest rates for house purchases (new business)	1.9	3.9	3.9	x	x	x	3.4	3.4	x
Interest rates for corporate loans (outstanding amount)	1.7	4.0	4.4	x	x	x	3.7	3.7	x
Interest rates for corporate loans (new business)	1.9	4.5	4.8	x	x	x	4.1	3.9	x
ATX (Austrian Traded Index)	3,200	3,227	3,561	x	3,575	x	4,013	4,240	x
ATX (Austrian Traded Index) based on total returns	6,649	7,014	8,158	x	8,331	x	9,353	9,894	x
EUR/USD exchange rate	1.05	1.08	1.08	x	x	x	1.04	1.08	1.12
Indicator for nominal price competitiveness	105.8	107.6	108.7	109.2	108.8	108.5	108.1	109.0	110.0



Banking industry - structure
Number of banks (head offices) in Austria	493	472	458	465	458	458	x	x	x
Number of banks (branch offices) in Austria	3,286	3,195	3,151	3,147	3,151	3,152	x	x	x



Aggregated Income and Financial Statement as well as own funds (CBD)
in EUR mio
Total Assets/Liabilities	1,199,636	1,215,536	1,265,011	1,241,535	1,265,011	x	x	x	x
Loans and advances	813,886	819,194	858,678	847,077	858,678	x	x	x	x
Deposits of non-banks	709,345	716,723	751,050	729,275	751,050	x	x	x	x
Operating gains/losses	12,820	18,869	18,931	14,075	18,931	x	x	x	x
Net interest income	19,304	25,465	25,928	19,415	25,928	x	x	x	x
Net fee and comission income	10,188	9,562	9,616	7,196	9,616	x	x	x	x
Profit or Loss after tax and minority interest	9,835	12,606	11,529	10,735	11,529	x	x	x	x



Key figures (CBD)
in %
Total capital ratio	19.5	20.6	20.8	20.6	20.8	x	x	x	x
Common equity tier 1 (CET1) capital ratio	16.5	17.6	17.5	17.5	17.5	x	x	x	x
NPL ratio	2.1	2.6	3.0	2.8	3.0	x	x	x	x



Banks' foreign business
in EUR mio
Total Claims vis-a-vis CESEE	292,598	306,445	320,024	321,434	320,024	x	x	x	x
Banks total assets/liabilities of foreign subsidiaries	279,225	288,360	315,412	300,063	315,412	x	x	x	x
Profit or loss after tax and minority interest of foreign subsidiaries	5,215	5,451	5,379	4,777	5,379	x	x	x	x


Source: OeNB.

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