National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Austria
NAEXKP04ATQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,470,382,868.00
Year-over-Year Change
-0.18%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures gross fixed capital formation in Austria, a key component of GDP. It provides insight into the level of investment in the Austrian economy, a critical driver of economic growth and productivity.
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
Gross fixed capital formation represents the value of acquisitions of new or existing fixed assets by resident producers, minus disposals of fixed assets. It is an important indicator of the health and future potential of the Austrian economy.
Methodology
The data is collected and calculated by the Austrian Statistical Office based on national accounts methodology.
Historical Context
Policymakers and analysts use this data to assess the state of investment and the overall economic landscape in Austria.
Key Facts
- Austria's gross fixed capital formation was €92.3 billion in 2021.
- Investment accounted for 23.3% of Austria's GDP in 2021.
- Fixed capital formation has grown by an average of 2.3% per year over the past decade in Austria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of acquisitions of new or existing fixed assets by resident producers in Austria, minus disposals of fixed assets. It is a key component of GDP.
Q: Why is this trend relevant for users or analysts?
A: Gross fixed capital formation is a critical indicator of investment and economic growth potential in Austria. It provides insight into the level of business and government spending on infrastructure, equipment, and other fixed assets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Austrian Statistical Office based on national accounts methodology.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the state of investment and the overall economic landscape in Austria, which informs decisions on fiscal, monetary, and other economic policies.
Q: Are there update delays or limitations?
A: There may be some delays in the release of this data, as it is dependent on the publication schedule of the Austrian Statistical Office. Additionally, the data may be subject to revisions over time as more complete information becomes available.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Austria (NAEXKP04ATQ189S), retrieved from FRED.