Austria: Exports of goods and services (% of GDP)
In , Austria's Exports of goods and services (% of GDP) was 55.68.
That's down 4.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Austria ranks #38 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #19 of 49.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 61.43
- Trough
- 45.49
- 1-year change
- -4.8%
- 5-year change
- -0.4%
- -0.1% / yr
- 10-year change
- +3.4%
- +0.3% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 55.6783 | |
| 58.4868 | |
| 61.4273 | |
| 55.9539 | |
| 51.6631 | |
| 55.8958 | |
| 55.7022 | |
| 54.3260 | |
| 52.6634 | |
| 53.3960 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Austria's Exports of goods and services (% of GDP) in 2024?
- In 2024, Austria's Exports of goods and services (% of GDP) was 55.68, according to World Bank Open Data.
- Is Austria's Exports of goods and services (% of GDP) rising or falling?
- Austria's Exports of goods and services (% of GDP) fell 4.8% from 2023 to 2024.
- How does Austria rank globally on Exports of goods and services (% of GDP)?
- In 2024, Austria ranked #38 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Austria's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Austria is above the world average. Within Europe & Central Asia, it ranks #19 of 49.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.