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Austria - Current account balance as a share of GDP

1.9 (%) in 2017

Current account balance as a share of GDP of Austria slumped by 11.43% from 2.1 % in 2016 to 1.9 % in 2017. Since the 27.38% surge in 2014, current account balance as a share of GDP sank by 23.92% in 2017.

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What is current account balance as a share of GDP?

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

What is Austria current account balance as a share of GDP?

Date Value Change, %
2017 1.9 -11.43%
2016 2.1 10.56%
2015 1.9 -22.30%
2014 2.5 27.38%
2013 1.9 31.02%
2012 1.5 -9.07%
2011 1.6 -42.87%
2010 2.9 9.98%
2009 2.6 -42.18%
2008 4.5 18.10%
2007 3.8 15.39%
2006 3.3

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