Austria current account to gdp

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Austria current account to gdp: 1.3 (-244.44%)
Last Update: December 31, 2023

Austria current account to gdp closed down 1.3 as of December 31, 2023 from -0.9 from the previous month and 1.6 from last year.


Austria current account to gdp Analytics & Data




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Austria current account to gdp

Date Values
2023-12-31 1.3
2022-12-31 -0.9
2021-12-31 1.6
2020-12-31 1.9
2019-12-31 2.6
2018-12-31 2.3
2017-12-31 1.6
2016-12-31 2.7
2015-12-31 1.7
2014-12-31 2.5
2013-12-31 1.9
2012-12-31 1.5
2011-12-31 1.6
2010-12-31 2.9
2009-12-31 2.6
2008-12-31 4.5
2007-12-31 3.8
2006-12-31 3.3
2005-12-31 2.3
2004-12-31 2.1
2003-12-31 1.5
2002-12-31 2.1
2001-12-31 -0.8
2000-12-31 -0.7

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Austria current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp at.currentaccountgdp 1.3 -0.9 -244 -19 Down Down 0 2023-12-31

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Austria current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Austria current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Austria current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Austria current account to gdp

The current account to GDP ratio for Austria measures the country's net international transactions as a percentage of its GDP. A positive ratio indicates that Austria is a net lender to the rest of the world, while a negative ratio means that the country is a net borrower. This ratio is important as it reflects the overall economic health and competitiveness of a country. A high current account to GDP ratio could indicate a strong economy with high levels of exports, while a low ratio may suggest a dependence on imports and potential vulnerability to external economic shocks. In the case of Austria, a positive current account to GDP ratio would indicate a strong position in international trade and a stable economy.

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