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Austria Trade (% GDP)

Austria's trade (% GDP) fell to 110.54% in 2024, down from 116.81% in 2023, according to World Bank. This represents a decrease of 6.27% from the previous year. Austria has trade (% GDP) higher than the global median (110.54% vs median 84.49%). Compared with the median in Europe, Austria is lower (110.54% vs regional median 111.00%) and ranks 23rd out of 44 countries in Europe.

Yearly Historical Data (1970-2024)

(in %)
Year Trade (% GDP)
2024 110.54%
2023 116.81%
2022 124.38%
2021 111.03%
2020 99.95%
2019 108.21%
2018 108.38%
2017 105.56%
2016 101.57%
2015 103.12%
2014 104.5%
2013 104.99%
2012 105.84%
2011 105.78%
2010 99.64%
2009 87.6%
2008 102.74%
2007 101.36%
2006 98.79%
2005 94.67%
2004 91.47%
2003 86.88%
2002 87.58%
2001 88%
2000 85.84%
1999 78.56%
1998 77.35%
1997 75.24%
1996 70.47%
1995 68.53%
1994 66.25%
1993 63.51%
1992 67.9%
1991 70.32%
1990 71.77%
1989 70.82%
1988 66.82%
1987 63.1%
1986 64.27%
1985 70.36%
1984 66.84%
1983 62.72%
1982 64.37%
1981 68.67%
1980 67.09%
1979 63.57%
1978 59.9%
1977 60.51%
1976 60.15%
1975 56.82%
1974 59.8%
1973 54.67%
1972 54.51%
1971 54.59%
1970 55.08%
Austria Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Austria divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $206.42B $216.18B 2024
Annual Imports $204.4B $219.1B 2024
Balance of Trade -€1.9B -€1B Jul'25
Exports €15.1B €14.9B Jul'25
Exports (% GDP) 56.92% 59.46% 2024
FDI Inflows (% GDP) 1.78% 0.57% 2024
Imports €17B €15.9B Jul'25
Imports (% GDP) 53.61% 57.35% 2024
Net Trade (Goods & Services, BoP) $14.9B $10.22B 2024
Tariff Rate 1.95% 2.24% 2022