GERD as a percentage of GDP in Austria

Austria: GERD as a percentage of GDP was 3.3% in 2023. ▲ Rising

Latest (2023)
3.3%
Change on year
up 2.4%
World rank
7th
of 116 countries
All-time high
3.3%
in 2021
All-time low
1.6%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in Austria, 1996–2023

01231996200920231996: 1.61997: 1.71998: 1.71999: 1.92000: 1.92001: 22002: 2.12003: 2.22004: 2.22005: 2.42006: 2.42007: 2.42008: 2.62009: 2.62010: 2.72011: 2.72012: 2.92013: 32014: 3.12015: 3.12016: 3.12017: 3.12018: 3.12019: 3.12020: 3.22021: 3.32022: 3.22023: 3.3

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in Austria is 3.3%, measured in 2023.

The figure is up 2.4% on the previous year and up 9.2% over ten years.

Over the whole period, gerd as a percentage of gdp in Austria peaked at 3.3% in 2021 and was at its lowest, 1.6%, in 1996.

That places Austria 7th out of 116 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 28 years of available data.

GERD as a percentage of GDP in Austria, year by year

Annual values for GERD as a percentage of GDP in Austria, 1996 to 2023.
Year Value Change
1996 1.6% —
1997 1.7% +4.6%
1998 1.7% +4.7%
1999 1.9% +6.4%
2000 1.9% +2.4%
2001 2.0% +5.6%
2002 2.1% +3.9%
2003 2.2% +5.1%
2004 2.2% -0.2%
2005 2.4% +9.5%
2006 2.4% -0.6%
2007 2.4% +2.4%
2008 2.6% +6.3%
2009 2.6% +1.0%
2010 2.7% +5.0%
2011 2.7% -2.1%
2012 2.9% +9.2%
2013 3.0% +1.6%
2014 3.1% +4.5%
2015 3.1% -1.4%
2016 3.1% +2.1%
2017 3.1% -1.9%
2018 3.1% +1.1%
2019 3.1% +1.2%
2020 3.2% +2.0%
2021 3.3% +1.5%
2022 3.2% -2.4%
2023 3.3% +2.4%

Austria compared with similar countries

  • Austria's 3.3% is above the median for high income countries, which is 1.5%, 2.2× the median. (54 countries reporting)
  • Austria's 3.3% is above the median for Europe & Central Asia, which is 1.4%, 2.4× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.7% 1.6% 1.9% 4
2000s 2.3% 1.9% 2.6% 10
2010s 3.0% 2.7% 3.1% 10
2020s 3.2% 3.2% 3.3% 4

Countries ranked near Austria

  1. 4 United States 3.4% compare
  2. 5 Japan 3.4% compare
  3. 6 Belgium 3.3% compare
  4. 8 Switzerland 3.2% compare
  5. 9 Germany 3.2% compare
  6. 10 Finland 3.1% compare

See the full ranking of 166 places →

More science & technology data for Austria

All data for Austria →

Frequently asked questions

What is gerd as a percentage of gdp in Austria?
Gerd as a percentage of gdp in Austria was 3.3% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Austria?
The highest recorded value was 3.3% in 2021.
What is the lowest gerd as a percentage of gdp recorded in Austria?
The lowest recorded value was 1.6% in 1996.
How does Austria rank for gerd as a percentage of gdp?
Austria ranks 7th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Austria?
Over the last ten years it is up 9.2%. The long-run trend across the full record is rising.
Where does this Austria data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Austria. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/austria/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release