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Macro - Country Economic Forecasts - Austria

Publisher Oxford Economics
Published Mar 12, 2025
Length 8 Pages
SKU # OFE19929302

Description

The economy contracted by 0.4% in Q4 2024 following data revisions, the eighth consecutive quarterly decline, shrinking by 1.5% over the course of last year. The data paint a picture of an economy in recession, dragged down by a struggling export sector. In the last quarter, positive contributions came from stronger-than-expected private consumption, government spending, and investment.

Table of Contents

8 Pages
Austria: Fiscal headwinds limit growth prospects
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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