Foreign Trade (As % of GDP) rose to 104% in Austria in 2017

Foreign Trade (As % of GDP) (%)
Economy | Austria | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 104 % in 2017 in Austria, according to the National Statistical Office. This is 3.34 % more than in the previous year.

Historically, foreign trade as a share of GDP in Austria reached an all time high of 105 % in 2012 and an all time low of 44.9 % in 1961. When compared to Austria's main peers, foreign trade as a share of GDP in Germany amounted to 86.5 %, 169 % in Hungary, 59.4 % in Italy and 119 % in Switzerland in 2017.

Austria has been ranked 45th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 12 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Austria % 105% 105% 104% 104% 102%
Belgium % 163% 164% 162% 165% 160%
Czech Republic % 139% 148% 148% 159% 156%
France % 58.8% 59.7% 59.8% 60.5% 61.8%
Germany % 84.7% 85.9% 84.8% 84.4% 85.7%
Hungary % 167% 166% 164% 169% 170%
Italy % 55.6% 56.2% 55.5% 55.8% 56.9%
Poland % 87.1% 89.3% 90.7% 93.7% 96.0%
Slovakia % 171% 179% 183% 180% 183%
Slovenia % 139% 142% 143% 144% 145%
Switzerland % 122% 124% 132% 117% 113%