Austria GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$58,268.88

Source: world bank Nominal/PPP
Summary:

Austria GDP Per Capita expanded from 1960 to 2024, increasing from $939.91 to $58,268.88 .The compound annual growth rate (CAGR) averaged 6.66% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 19.12%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.

Latest GDP Per Capita of Austria 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 58,268.88 dollars$ 73,911.44 Int dollars
Growth (YoY)2.986%0.499%
Net Change vs Previous Year$ 1,689.37 dollars$ 366.78 Int dollars
% of World GDP Per Capita52.50%37.01%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Austria GDP | Austria GDP Growth

Austria Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960939.91-----
19611036.7396.8110.3 %---
19621093.0156.295.429 %---
19631172.5679.547.277 %---
19641275.46102.98.776 %---
19651381.08105.628.281 %---
19661494.05112.978.18 %---
19671577.1483.095.562 %---
19681685.66108.526.881 %---
19691834.08148.428.805 %---
19702050.71216.6311.811 %---
19712371.65320.9515.651 %---
19722912.6540.9422.809 %---
19733875.48962.8933.059 %---
19744612.62737.1419.02 %---
19755264.92652.314.142 %---
19765656.15391.237.431 %---
19776783.951127.8119.939 %---
19788173.331389.3820.48 %---
19799755.41582.0819.357 %---
198010826.971071.5710.984 %---
19819348.49-1478.48-13.656 %---
19829373.49250.267 %---
19839500.05126.561.35 %---
19848955.85-544.2-5.728 %---
19859136.17180.322.013 %---
198613031.833895.6642.64 %---
198716328.563296.7325.298 %---
198817509.771181.27.234 %---
198917400.52-109.24-0.624 %---
199021596.074195.5524.112 %19395.86--
199122323.13727.063.367 %20535.821139.965.877 %
199224782.712459.5811.018 %21208.84673.013.277 %
199323987.2-795.51-3.21 %21646.68437.842.064 %
199425546.251559.046.499 %22553.01906.324.187 %
199530207.074660.8218.245 %23604.031051.024.66 %
199629645.95-561.12-1.858 %24426.76822.743.486 %
199726571.75-3074.19-10.37 %25300.64873.883.578 %
199827212.46640.712.411 %26530.941230.294.863 %
199927078.71-133.76-0.492 %27500.08969.153.653 %
200024487.3-2591.41-9.57 %29220.991720.96.258 %
200124430.5-56.8-0.232 %29553.23332.251.137 %
200226334.861904.377.795 %30952.171398.944.734 %
200332110.125775.2521.93 %31958.861006.693.252 %
200436614.254504.1314.027 %33518.521559.664.88 %
200538157.371543.124.215 %34776.671258.153.754 %
200640382.212224.845.831 %37388.082611.417.509 %
200746622.966240.7515.454 %39192.371804.294.826 %
200851581.44958.4410.635 %41046.791854.424.732 %
200947857.44-3723.95-7.22 %40686.67-360.12-0.877 %
201046611.14-1246.31-2.604 %41735.461048.782.578 %
201151116.94505.769.667 %44171.562436.15.837 %
201248250.41-2866.49-5.608 %46156.481984.924.494 %
201350305.352054.954.259 %47519.851363.372.954 %
201451314.971009.622.007 %48355.5835.651.759 %
201543915.23-7399.74-14.42 %49549.321193.822.469 %
201645061.51146.272.61 %52397.862848.555.749 %
201747163.742102.244.665 %53869.831471.972.809 %
201851194.074030.338.545 %56636.52766.665.136 %
201949885.99-1308.08-2.555 %60354.933718.436.565 %
202048716.41-1169.58-2.345 %58523.03-1831.89-3.035 %
202153648.644932.2310.124 %62968.944445.917.597 %
202252336.77-1311.87-2.445 %72065.59096.5614.446 %
202356579.54242.738.107 %73544.661479.162.053 %
202458268.881689.372.986 %73911.44366.780.499 %

Austria Economic Phases (1960 - 2024)

From 1960 to 2024, Austria economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1980) indicating robust economic expansion
  • Expansion (1982–1983) indicating steady moderate growth
  • High Growth (1986–1988) indicating robust economic expansion
  • High Growth (1994–1995) indicating robust economic expansion
  • Contraction (1999–2001) indicating temporary slowdown
  • High Growth (2002–2004) indicating robust economic expansion
  • High Growth (2006–2008) indicating robust economic expansion
  • Contraction (2009–2010) indicating temporary slowdown
  • Expansion (2013–2014) indicating steady moderate growth
  • Expansion (2016–2017) indicating steady moderate growth
  • Contraction (2019–2020) indicating temporary slowdown
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1986 with an increase of 42.64%, while the largest decline was in 2015 at -14.42%.