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The economy of Austria's average GDP is 13th growth in OECD countries, from 1992 to 2017. In Austria, 1.37% over average population growth is the strong factor. Germany has historically been the main trading partner of Austria, making the Austrian economy vulnerable to rapid changes in the German economy. [23]
Development of the GDP of the federal states of Austria [1]; State GDP in bn. € Total increase 2000 2010 2021 Vienna 57.660 78.130 101.960 + 76.8% Upper Austria 35.248
Below is a table of sovereign states in Europe by GDP (PPP) per capita in international dollars. [2] Countries are ranked by their estimated 2024 figures. Note: transcontinental countries that are partly (but not entirely) located in Europe are also shown in the table, but the values shown are for the entire country.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [1] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.
22:02, 20 December 2024: 512 × 329 (294 KB) AscendencyXXIV: Uploaded a work by Allice Hunter from Update for "European countries by GDP nominal per capita (2021).svg" file at Wikimedia Commons with UploadWizard
Nominal GDP (in US$) per capita by country Country Rank IMF [5] 2024 Rank WB [6] 2019 Change Albania 84: 9,598: 94: 5,353 10.5 Armenia ㅤㅤㅤ ㅤㅤㅤㅤ 86 8,518 41 4,670 9.5
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.