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Macro - Country Economic Forecasts - Austria

Publisher Oxford Economics
Published Jan 21, 2026
Length 8 Pages
SKU # OFE20872839

Description

The Austrian economy is set to build momentum over the course of this year as industry benefits from improving demand driven by spillover effects from Germany’s fiscal package and increased defence spending in other EU countries. We forecast GDP will expand by 0.7% this year and by 1.6% in 2027. But we think it will take time for a self-sustaining recovery to take hold as economic growth last year was largely driven by government consumption and benign carryover.

Table of Contents

8 Pages
Austria: Economy slowly emerges from stagnation
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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