National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Austria
Growth rate same period previous year, Quarterly
NAEXKP07ATQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.79
Year-over-Year Change
-89.07%
Date Range
1/1/1989 - 4/1/2025
Summary
This economic trend measures the year-over-year growth rate of real gross domestic product (GDP) on a quarterly basis. It provides important insights into the overall pace of economic expansion or contraction.
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
The growth rate same period previous year, Quarterly series tracks the annualized percent change in real GDP compared to the same quarter of the prior year. This metric is widely used by economists and policymakers to assess the health and trajectory of the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on official GDP statistics.
Historical Context
Policymakers and analysts monitor this trend to inform decisions around monetary and fiscal policy.
Key Facts
- GDP growth rate was 2.9% in Q4 2022.
- The trend reached a recent low of -31.2% in Q2 2020 during the COVID-19 pandemic.
- Positive growth signals an expanding economy, while negative growth indicates an economic contraction.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real gross domestic product (GDP) on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator of the overall health and trajectory of the economy, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on official GDP statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to inform decisions around monetary and fiscal policy, as it provides insights into the pace of economic expansion or contraction.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a short lag time after the end of each reporting period.
Related Trends
Gross Domestic Product for Austria
MKTGDPATA646NWDB
Consumer Price Index: Recreation and Culture (COICOP 09): Total for Austria
AUTCP090000IXNBQ
Harmonized Index of Consumer Prices: Insurance for Austria
CP1250ATM086NEST
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Austria
SLRTTO01ATQ661N
Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Austria
CP0500ATM086NEST
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Austria
CPGREN01ATQ657N
Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (NAEXKP07ATQ659S), retrieved from FRED.