Austria Output Gap, Percent of Potential GDP Statistics

15, Oct 2019, EDT.

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Country or Region: Austria › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Austria indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Austria , Year 2015 - In Detail

Output Gap, Percent of Potential GDP for Austria in year 2015 is -1.272 %. Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

This makes Austria No. 13 in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; Austria is 1.04 less than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for Austria was -1.59 % Output Gap, Percent of Potential GDP for Austria in 2015 was or will be 19.95% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for Austria was or will be -0.86 %, which is 32.78% less than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Austria, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 -0.394
  2016 -0.855
2015 -1.272
  2014 -1.589
  2013 -0.835
  2012 -0.146
  2011 0.237
  2010 -1.702
  2009 -2.684
  2008 3.285
  2007 3.718
  2006 0.965
  2005 -1.159
  2004 -1.748
  2003 -1.604
  2002 -0.627
  2001 0.129
  2000 1.164
  1999 0.218
  1998 0.386
  1997 -0.825
  1996 -0.062
  1995 0.654
  1994 0.599
  1993 0.819
  1992 2.962
  1991 3.609
  1990 2.773
  1989 1.171
  1988 0.011
  1987 1.599
  1986 -0.082
  1985 -0.723
  1984 -0.959
  1983 0.885
  1982 -0.101
  1981 -0.206
  1980 2.191