Bank assets as a share of GDP reached 222 % in 2017 in Austria, according to the National Central Bank. This is 7.20 % less than in the previous year.
Historically, bank assets as a share of GDP in Austria reached an all time high of 364 % in 2008 and an all time low of % in. When compared to Austria's main peers, bank assets as a share of GDP in Germany amounted to 236 %, 102 % in Hungary, 153 % in Italy and 476 % in Switzerland in 2017.
Austria has been ranked 20th within the group of 132 countries we follow in terms of bank assets as a share of GDP, 11 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.