04.12.202508:19:52UTC+00Austrian GDP Growth Picks Up in Q3

In the third quarter of 2025, Austria's economy grew by 0.4% compared to the previous quarter, surpassing the prior quarter's stagnation and the initial 0.1% growth estimate. This quarter marked the year's most robust economic expansion, predominantly fueled by steady government expenditure at 0.7%, consistent with the second quarter. Conversely, fixed investments saw a slight downturn, dipping 0.1% following a 1.1% rise previously, and household consumption decreased by 0.3% after having increased by 0.3%. The GDP was negatively impacted by net trade, as exports fell by 1.6%, compared to a previous rise of 0.2%, and imports diminished by 0.5%, down from a 1.6% increase. Production-wise, the growth was primarily attributed to a rise in real estate activities, which grew by 1.8%, up from a 0.7% increase, alongside public administration, education, and healthcare services, which collectively grew by 0.7% from 0.2%. However, construction maintained its negative trajectory at -0.5%, and the accommodation and food service sector declined by 0.9%, reversing the previous quarter's 1.0% growth. On a year-over-year basis, the GDP rose by 0.9%, marking the most significant increase since the first quarter of 2023, improving from a revised 0.4% growth in the second quarter, indicating a moderate recovery continuing from late 2024.