Austrian GDP Growth Above European Average

Politics ♦ Published: July 12, 2013; 20:34 ♦ (Vindobona)

In 2012, Austria saw a growth of GDP of 0.9 percent which is signifantly above the European average.

Austrian GDP Growth Above European Average / Picture: © Vindobona.org

In 2012, the Austrian economy grew by 0.9 percent in real terms according to calculations by Statistik Austria. While growth in 2011 was considerably stronger (2.8 percent), the dampened economy in 2012 was visible internationally. Both the European Union and the Eurozone saw a recession in economic performance with -0.4 percent and -0.6 percent respectively.

The Austrian GDP at…