Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Austria
AUTLORSGPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.27
Year-over-Year Change
1.46%
Date Range
2/1/1960 - 8/1/2022
Summary
The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Austria tracks a key metric of economic activity in Austria. It is used by economists and policymakers to assess the health and trajectory of the Austrian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series provides a normalized, seasonally adjusted index of Austria's GDP, which is a primary measure of economic output. It is part of the OECD's system of leading indicators that help forecast future economic conditions.
Methodology
The data is collected and calculated by the OECD based on official government statistics.
Historical Context
This indicator informs economic policy decisions and market analysis for Austria and the broader Eurozone.
Key Facts
- Austria is a major European economy.
- GDP is a key measure of economic output.
- OECD leading indicators signal future trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures a normalized, seasonally adjusted index of Austria's gross domestic product (GDP), a primary indicator of economic activity and growth.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator helps economists, policymakers, and market analysts assess the current state and future trajectory of the Austrian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on official government statistics for Austria.
Q: How is this trend used in economic policy?
A: This indicator informs economic policy decisions and market analysis for Austria and the broader Eurozone.
Q: Are there update delays or limitations?
A: The data may have publication delays of several weeks or months due to the time required for official government statistics to be compiled and reported.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for Austria
LFWATTMAATA647S
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for Austria
LFUN24MAATQ647S
Central Bank Assets to GDP for Austria
DDDI06ATA156NWDB
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Austria
LRHUTTFEATM156S
Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: USD: National Currency for Austria
CCUSSP01ATA650N
Harmonized Index of Consumer Prices: Liquid Fuels for Austria
CP0453ATM086NEST
Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Austria (AUTLORSGPNOSTSAM), retrieved from FRED.