Austria: Economic decline index

* indicates monthly or quarterly data series

Economic decline index, 0 (low) - 10 (high)

 Latest value 1.20
 Year 2023
 Measure index points
 Data availability 2007 - 2023
 Average 1.93
 Min - Max 1.20 - 2.70
 Source Fund for Peace
For that indicator, we provide data for Austria from 2007 to 2023. The average value for Austria during that period was 1.93 index points with a minimum of 1.2 index points in 2023 and a maximum of 2.7 index points in 2010. The latest value from 2023 is 1.2 index points. For comparison, the world average in 2023 based on 177 countries is 5.66 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Austria - Economic decline index - Recent values chart

Historical chart
Austria - Economic decline index - historical chart - 2007-2023

Definition: The Economic decline indicator considers factors related to economic decline within a country. For example, the indicator looks at patterns of progressive economic decline of the society as a whole as measured by per capita income, Gross National Product, unemployment rates, inflation, productivity, debt, poverty levels, or business failures. It also takes into account sudden drops in commodity prices, trade revenue, or foreign investment, and any collapse or devaluation of the national currency. The higher the value of the indicator, the greater the economic decline in the country.

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 Factionalized elites index 3.20 2023 index points
 Group grievance index 3.30 2023 index points
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 Uneven economic development 2.50 2023 index points
 Human flight and brain drain 1.70 2023 index points
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 Human rights and rule of law index 0.40 2022 index points
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 Refugees and displaced persons index 4.50 2023 index points
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