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Forecasts of key economic indicators for Austria
OeNB
WIFO
IHS
OECD
IWF
European commission
September 2026 - interim forecast
October 2026
October 2026
June2026
October 2026
May 2026
2026
2027
2028
2026
2027
2026
2027
2026
2027
2026
2027
2026
2027
Key results
Annual change in %
Real GDP
0.5
1.3
1.2
0.9
1.3
0.8
1.0
0.7
1.1
0.6
0.9
0.6
0.9
Real private consumption
x
x
x
0.4
0.5
0.5
0.7
0.9
1.0
x
x
0.5
0.7
Real government consumption
x
x
x
1.1
0.8
1.0
0.8
1.0
0.7
x
x
0,3
0.2
Real gross fixed capital formation
x
x
x
0.8
1.7
0.8
0.7
0.7
1.5
x
x
0.7
1.8
Real exports
x
x
x
2.3
1.7
2.0
2.3
1.0
1.9
1.0
1.5
1.6
2.1
Real imports
x
x
x
1.6
1.7
2.0
2.2
1.4
1.7
1.3
1.3
1.5
2.0
Labour productivity
1
x
x
x
0.8
1.0
0.4
0.2
0.4
0.7
x
x
0.3
0.3
GDP deflator
x
x
x
2.2
2.4
2.0
2.3
2.5
1.6
2.7
3.4
2.1
2.9
CPI
x
x
x
3.3
2.6
3.1
2.8
x
x
x
x
x
x
HICP
3.0
2.3
2.2
3.2
2.6
3.1
2.8
2.8
2.4
3.1
3.3
3.0
2.5
Unit labor costs
x
x
x
1.3
2.1
1.3
2.2
2.2
1.7
x
x
2.2
2.4
Payroll employment
2
x
x
x
0.5
0.7
0.4
0.7
0.0
0.2
0.2
0.3
0.3
0.6
in % of labour force, Eurostat definition
Unemployment rate
5.7
5.5
5.3
6.0
5.7
6.1
5.9
5.8
5.6
5.7
5.6
5.7
5.6
% of nominal GDP
Current account
x
x
x
2.3
2.0
x
x
1.4
0.9
1.4
1.6
0.7
1.3
General government
surplus/deficit
x
x
x
-4.0
-3.8
-3.9
-3.7
-4.0
-4.2
-4.2
-3.8
-4.1
-4.1
General government debt
x
x
x
82.3
83.5
x
x
83.4
85.7
82.4
82.3
83,4
84.9
Conditioning assumptions
Oil price in USD/barrel
89.5
78.0
73.6
94.0
85.0
93.0
85.5
91.8
80.2
95.7
87.4
91,2
78,2
Short-term interest rate in %
2.4
3.0
3.0
2.5
3.3
2.4
3.1
2.2
2.2
2.3
3.0
2.4
2.6
USD/EUR
1.16
1.16
1.16
1.16
1.17
1.16
1.16
1.18
1.18
x
x
1.17
1.17
Annual change in %
Euroarea: Real GDP
0.9
1.4
1.5
1.1
1.1
1.0
1.3
0.8
1.2
1.1
1.2
0.9
1.2
USA: Real GDP
x
x
x
2.1
2.2
2.2
2.0
2.0
1.8
2.3
2.3
2.2
2.1
World: Real GDP
x
x
x
x
x
2.9
2.8
2.9
3.1
3.1
3.4
2.8
3.2
World trade
3
x
x
x
x
x
5.7
3.0
3.1
2.9
4.6
4.7
2.0
3.1
Source:
OeNB
,
WIFO
,
IHS
,
OECD
,
IMF
,
European Commission
.
1
OeNB and WIFO: hourly productivity of labour; IHS: labour productivity per employee.
2
WIFO and IHS: Employment adjusted for persons on parental leave, in compulsory military training or undergoing training under a program of the Public Employment Service.
3
IHS: goods following CPB.
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Last update on 16.10.2026 00:00