Latest reading: Industrial production was up 1.5% on a year-on-year basis in February, following a 1.5% decline in the previous...
Industrial Production in Austria
The Austrian economy recorded an average industrial production growth rate of 1.9% in the decade to 2024. In 2024, industrial production growth was -4.2%. For more industry information, visit our dedicated page.
Austria Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Austria from 2014 to 2025.
Source: Macrobond.
Austria Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 9.1 | 5.7 | 0.5 | -4.1 | 1.5 |
Industrial production shrinks more quickly in December
Latest reading: Industrial production was down 2.4% in seasonally adjusted month-on-month terms in December, following a 0.8% decline in the prior month. Relative to the prior month's figures, readings in December worsened for non-durable consumer goods (+0.6% in seasonally adjusted month-on-month terms vs +1.5% in November) and intermediate goods (-0.9% vs +0.3% in November). In contrast, readings improved for durable consumer goods (+14.7% vs -0.8% in November) and capital goods (+0.4% vs -3.4% in November). On a year-on-year basis, industrial production was down 3.3% in December, following a 0.1% fall in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Austrian industry projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Austrian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Austrian industry projections.
Want to get access to the full dataset of Austrian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Poland: Industrial production rebounds in February -
Japan: Industrial production accelerates in January Latest reading: Industrial production increased 4.3% in seasonally adjusted month-on-month terms in January, following a 0.6% increase in the previous... -
Belarus: Industrial production falls at a faster pace in February Latest reading: Industrial production was down 3.7% on a year-on-year basis in February, following a 3.4% fall in the previous... -
Taiwan: Industrial production speeds up in January Latest reading: Industrial production rose 28.5% in annual terms in January, following a 23.1% increase in the prior month. January’s... -
Italy: Industrial production contracts faster in January Latest reading: Industrial production fell 0.6% in seasonally adjusted month-on-month terms in January, following a 0.5% fall in the prior... -
Hungary: Industrial production rebounds in January Latest reading: Industrial production increased 0.2% in annual terms in January, following a 0.9% fall in the prior month. January’s... -
South Africa: Manufacturing production recovers in January Latest reading: Manufacturing production rose 1.5% in seasonally adjusted month-on-month terms in January, following a 1.3% drop in the previous...