Austria revises 2024 GDP contraction to 0.7 pct


  • World
  • Wednesday, 01 Oct 2025

VIENNA, Sept. 30 (Xinhua) -- Austria's gross domestic product (GDP) contraction for 2024 has been revised to 0.7 percent in real terms, an improvement from the previous estimate of 1.1 percent released in March, Statistics Austria said Tuesday.

The latest national accounts data showed that Austria's economic output declined for the second consecutive year in 2024.

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