Austria – GDP 1Q2014

by Eduardo Petazze

In Austria 1Q2014 GDP grew 0.44% Y/Y (+0.33% Q/Q)Seasonally adjusted, gross capital formation grew by 0.72% after 10 consecutive quarters of falling.

The preliminary forecast for 2014 is a growth of 0.71%, from 0.32% in 2013, GDP raw data

Press release ( German ) – pdf, 2 pagesSummary

Real, NSA – million (2005) EUR 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 A – Agriculture 679.3 1,113.2 1,117.2 618.5 682.5 1,145.0 1,165.2 607.0 B_E – Industry 14,895.2 15,153.0 15,320.0 15,792.2 15,046.7 15,535.0 15,624.7 16,122.5 F - Construction 2,401.8 3,510.6 4,058.7 4,351.2 2,431.8 3,588.2 4,063.4 4,380.8 G_I – Trade, Transport and accommodation 13,181.1 11,895.7 12,877.1 12,926.8 13,122.9 11,968.3 12,801.7 12,798.3 J – Communication 2,023.0 1,997.4 2,004.0 2,248.1 1,954.1 1,953.3 1,966.6 2,195.7 K – Finance 3,819.7 3,608.1 3,645.0 4,002.4 3,930.5 3,731.5 3,715.4 3,957.9 L – Real estate 5,971.9 5,982.9 6,005.5 6,019.5 6,029.9 6,040.9 6,057.9 6,074.3 M_N – Profesional and business services 4,725.4 5,333.2 5,794.1 6,219.5 4,791.4 5,452.7 5,816.1 6,152.5 O_Q – Public adm., education and health 10,411.0 10,427.5 10,398.9 10,517.2 10,563.9 10,578.6 10,551.3 10,653.4 R_U – Other 1,661.5 1,695.7 1,700.8 1,677.6 1,669.3 1,704.9 1,718.6 1,698.6

GVA 59,481.0 60,612.8 62,955.4 64,289.1 59,897.5 61,508.1 63,439.1 64,537.6Taxes on Products 7,830.5 7,657.1 7,727.4 7,582.4 7,680.9 7,564.4 7,625.5 7,616.0Subsidies on Products 1,405.4 1,428.0 1,462.9 1,415.0 1,385.0 1,310.9 1,291.6 1,517.5

GDP, market prices 65,906.1 66,841.9 69,219.9 70,456.5 66,193.4 67,761.5 69,773.0 70,636.1Final Consumption Expenditure 48,060.5 48,366.3 49,670.0 49,893.0 48,309.9 48,729.0 49,707.4 50,194.2

of households 34,323.6 35,033.2 36,110.9 35,665.1 34,371.6 35,190.1 36,053.0 35,768.7of NPISH's 1,033.2 1,047.1 1,057.3 1,051.9 1,060.0 1,071.6 1,081.4 1,079.4of general government 12,707.0 12,296.6 12,513.2 13,119.2 12,884.1 12,467.3 12,573.0 13,346.1

Gross Capital Formation 10,058.0 14,211.9 16,265.7 15,252.1 10,893.6 14,037.6 15,630.9 14,420.3Gross Fixed Capital Formation total 11,566.7 13,901.0 14,732.9 15,905.9 11,622.9 13,927.2 14,794.7 15,882.8Inv. Change and acqusition -1,508.7 310.9 1,532.8 -653.8 -729.3 110.3 836.2 -1,462.5

Exports 40,734.0 39,114.1 40,379.1 40,395.6 41,468.3 40,517.4 41,620.3 41,900.0Imports 33,215.8 34,428.7 36,455.5 35,890.8 35,003.1 35,246.5 36,743.5 36,398.3Statistical Discrepancy 269.4 -421.7 -639.4 806.6 524.7 -276.0 -442.2 519.9

Y/Y 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 A – Agriculture 0.22% 5.70% -7.19% -3.96% 0.47% 2.86% 4.29% -1.86% B_E – Industry -0.13% 2.16% 2.92% 4.49% 1.02% 2.52% 1.99% 2.09% F - Construction 0.63% -0.57% 0.48% 0.82% 1.25% 2.21% 0.12% 0.68% G_I – Trade, Transport and accommodation -2.78% -2.66% -0.54% 0.25% -0.44% 0.61% -0.59% -0.99% J – Communication -2.72% -2.30% -0.90% -2.17% -3.41% -2.21% -1.87% -2.33% K – Finance 0.20% -0.53% -1.20% 1.46% 2.90% 3.42% 1.93% -1.11% L – Real estate 0.74% 0.54% 0.68% 0.79% 0.97% 0.97% 0.87% 0.91% M_N – Profesional and business services -1.96% -0.47% 0.97% 2.28% 1.40% 2.24% 0.38% -1.08% O_Q – Public adm., education and health 1.25% 1.21% 1.15% 1.15% 1.47% 1.45% 1.47% 1.30% R_U – Other 1.08% 2.00% 1.49% 1.46% 0.47% 0.54% 1.05% 1.25%

GVA -0.67% 0.17% 0.76% 1.60% 0.70% 1.48% 0.77% 0.39%Taxes on Products 1.21% -0.94% -0.51% -0.79% -1.91% -1.21% -1.32% 0.44%Subsidies on Products 3.98% 4.98% 5.88% 2.07% -1.45% -8.20% -11.71% 7.24%

GDP, market prices -0.54% -0.06% 0.52% 1.32% 0.44% 1.38% 0.80% 0.25%Final Consumption Expenditure -0.31% -0.31% 1.07% 0.72% 0.52% 0.75% 0.08% 0.60%

of households -1.00% -0.74% 0.40% 0.32% 0.14% 0.45% -0.16% 0.29%of NPISH's 1.45% 1.57% 1.64% 1.42% 2.59% 2.34% 2.28% 2.61%of general government 1.42% 0.77% 2.97% 1.29% 1.39% 1.39% 0.48% 1.73%

Gross Capital Formation -14.96% -6.24% -0.89% -1.48% 8.31% -1.23% -3.90% -5.45%Gross Fixed Capital Formation total -3.22% -0.79% -0.27% 0.83% 0.49% 0.19% 0.42% -0.15%

Exports 2.15% 3.66% 2.16% 2.72% 1.80% 3.59% 3.07% 3.72%Imports -1.95% 0.01% 2.34% 1.46% 5.38% 2.38% 0.79% 1.41%

Real, SA – million (2005) EUR 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 A – Agriculture 927.9 897.8 871.0 892.3 926.3 927.2 867.7 878.5 B_E – Industry 15,212.4 15,296.1 15,359.9 15,462.6 15,509.6 15,492.9 15,609.2 15,717.1 F - Construction 3,564.6 3,568.2 3,587.0 3,596.0 3,610.0 3,584.8 3,626.9 3,642.5 G_I – Trade, Transport and accommodation 12,718.5 12,713.7 12,736.2 12,774.1 12,822.9 12,636.3 12,612.3 12,619.6 J – Communication 2,085.6 2,073.8 2,062.8 2,045.2 2,022.6 2,020.9 2,013.3 2,012.9 K – Finance 3,771.9 3,777.0 3,801.9 3,845.6 3,889.1 3,788.3 3,796.8 3,860.9 L – Real estate 5,972.8 5,983.7 6,004.0 6,020.1 6,030.4 6,041.1 6,057.2 6,074.3 M_N – Profesional and business services 5,477.5 5,491.8 5,524.3 5,555.0 5,570.6 5,505.9 5,522.7 5,613.5 O_Q – Public adm., education and health 10,392.5 10,422.0 10,455.5 10,495.0 10,542.8 10,584.3 10,599.3 10,620.8 R_U – Other 1,675.0 1,684.9 1,686.4 1,686.4 1,685.0 1,698.7 1,703.8 1,704.0

GVA 61,500.8 61,642.0 61,891.1 62,155.7 62,417.4 62,121.4 62,253.9 62,589.6Taxes on Products 7,787.4 7,676.0 7,632.4 7,644.9 7,606.9 7,643.6 7,664.3 7,620.1Subsidies on Products 1,409.0 1,423.2 1,431.6 1,434.1 1,435.0 1,323.0 1,324.8 1,470.3

GDP, market prices 67,879.2 67,894.8 68,091.9 68,366.5 68,589.3 68,441.9 68,593.4 68,739.4Final Consumption Expenditure 48,913.5 49,005.0 49,035.2 49,104.3 49,225.6 49,208.7 49,329.7 49,146.0

of households 35,300.2 35,309.6 35,322.2 35,341.3 35,431.8 35,334.6 35,357.4 35,259.6of NPISH's 1,036.3 1,044.9 1,054.4 1,055.9 1,057.0 1,070.4 1,080.5 1,084.5of general government 12,582.8 12,641.0 12,685.7 12,728.1 12,773.1 12,803.7 12,891.8 12,801.9

Gross Capital Formation 13,979.4 13,822.9 13,681.2 13,525.6 13,623.5 13,566.6 13,716.9 14,075.4Gross Fixed Capital Formation total 13,978.4 13,967.0 13,973.7 13,948.1 13,963.1 14,057.0 14,074.8 14,132.6Inv. Change and acqusition 1.0 -144.1 -292.5 -422.5 -339.6 -490.4 -358.0 -57.2

Exports 39,675.1 39,915.4 40,378.9 40,905.8 41,522.8 41,298.1 41,419.7 41,265.5Imports 34,660.2 34,848.9 35,176.8 35,416.7 35,817.7 35,711.1 35,951.6 35,911.0Statistical Discrepancy -28.6 0.4 173.4 247.5 35.1 79.6 78.7 163.5

Q/Q 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 A – Agriculture -0.11% -3.24% -2.99% 2.45% 3.81% 0.10% -6.42% 1.24% B_E – Industry 0.73% 0.55% 0.42% 0.67% 0.30% -0.11% 0.75% 0.69% F - Construction -0.39% 0.10% 0.53% 0.25% 0.39% -0.70% 1.17% 0.43% G_I – Trade, Transport and accommodation -0.37% -0.04% 0.18% 0.30% 0.38% -1.46% -0.19% 0.06% J – Communication -0.36% -0.57% -0.53% -0.85% -1.11% -0.08% -0.38% -0.02% K – Finance 0.23% 0.14% 0.66% 1.15% 1.13% -2.59% 0.22% 1.69% L – Real estate 0.02% 0.18% 0.34% 0.27% 0.17% 0.18% 0.27% 0.28% M_N – Profesional and business services -0.09% 0.26% 0.59% 0.56% 0.28% -1.16% 0.30% 1.64% O_Q – Public adm., education and health 0.25% 0.28% 0.32% 0.38% 0.46% 0.39% 0.14% 0.20% R_U – Other 0.61% 0.59% 0.09% 0.00% -0.08% 0.81% 0.30% 0.01%

GVA -0.02% 0.23% 0.40% 0.43% 0.42% -0.47% 0.21% 0.54%Taxes on Products 0.31% -1.43% -0.57% 0.16% -0.50% 0.48% 0.27% -0.58%Subsidies on Products 1.08% 1.01% 0.59% 0.17% 0.06% -7.80% 0.13% 10.98%

GDP, market prices -0.01% 0.02% 0.29% 0.40% 0.33% -0.21% 0.22% 0.21%Final Consumption Expenditure 0.25% 0.19% 0.06% 0.14% 0.25% -0.03% 0.25% -0.37%

of households 0.01% 0.03% 0.04% 0.05% 0.26% -0.27% 0.06% -0.28%of NPISH's -0.24% 0.83% 0.91% 0.14% 0.10% 1.27% 0.94% 0.37%of general government 0.55% 0.46% 0.35% 0.33% 0.35% 0.24% 0.69% -0.70%

Gross Capital Formation -1.62% -1.12% -1.03% -1.14% 0.72% -0.42% 1.11% 2.61%Gross Fixed Capital Formation total -0.42% -0.08% 0.05% -0.18% 0.11% 0.67% 0.13% 0.41%

Exports 0.38% 0.61% 1.16% 1.30% 1.51% -0.54% 0.29% -0.37%Imports -0.13% 0.54% 0.94% 0.68% 1.13% -0.30% 0.67% -0.11%Last dataProvisional own estimate