Austria: Trade openness

* indicates monthly or quarterly data series
 Austria

Trade openness: exports plus imports as percent of GDP

 Latest value 123.69
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 80.02
 Min - Max 54.30 - 123.69
 Source The World Bank
For that indicator, we provide data for Austria from 1970 to 2022. The average value for Austria during that period was 80.02 percent with a minimum of 54.3 percent in 1972 and a maximum of 123.69 percent in 2022. The latest value from 2022 is 123.69 percent. For comparison, the world average in 2022 based on 148 countries is 100.81 percent. 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 - Trade openness - Recent values chart

Historical chart
Austria - Trade openness - historical chart - 1970-2022




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest value Reference Measure
 Terms of trade 96.13 2021 percent
 Trade openness 123.69 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 62.08 2022 percent
 Exports, billion dollars 292.38 2022 billion U.S. dollars
 Growth of exports 11.19 2022 percent
 Imports, percent of GDP 61.60 2022 percent
 Imports, billion dollars 290.11 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.15 2022 percent
 Foreign Direct Investment, billion dollars -1.41 2022 billion U.S. dollars
 Portfolio investment inflows, equities -969.44 2022 million dollars (current)
 Current account, percent of GDP 2.80 2019 percent
 Current account, in dollars -1.29 2022 billion U.S. dollars
 Trade balance, percent of GDP 0.48 2022 percent
 Trade balance, in dollars 1.74 2022 billion U.S. dollars
 Reserves 33.08 2022 billion U.S. dollars
 Remittances, percent of GDP 0.62 2022 percent
 Remittances 2,935.49 2022 million U.S. dollars
 Net errors and omissions -8,677.07 2022 million USD
 Foreign exchange reserves 28.41 9/2023 billion
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