Suche
Mein Konto
Sluggish economy: Only 0.1% growth in the third quarter of 2025!
The Austrian economy shows slow growth of 0.1% in the third quarter of 2025. Sectors such as construction and trade are stagnating.
Sluggish economy: Only 0.1% growth in the third quarter of 2025!
What's going on in the local economy? A mixed picture emerges in the third quarter of 2025 Economic Research Institute (Wifo) determines. According to the latest figures, gross domestic product (GDP) only grew by a measly 0.1 percent compared to the previous quarter, which makes broad-based growth appear to be quite sluggish.
Compared to the same quarter last year, the balance sheet looks somewhat more appealing with an increase of 0.6 percent. But here too there are cuts to be reported in various sectors. The construction industry in particular hasn't had it easy: value added here shrank by 0.5 percent. There was also a decline of 0.2 percent in the services sector, particularly in trade, transport, accommodation and catering.
Details of sector insights
Public administration, on the other hand, was able to show a small ray of hope and recorded an increase of 0.2 percent in various service areas. But what is private consumer demand doing? This also only grew by 0.1 percent. A weak sign for final consumption, which often acts as the engine of the economy.
Another aspect that should not go unmentioned is foreign trade. There are also few positive developments here: exports fell by 0.4 percent, while imports remained stable. This could indicate subdued international demand that is putting pressure on domestic companies.
A look at the first half of 2025
What was it like in the first six months of the year? Here too, growth was rather restrained. In the first quarter there was an increase of 0.2 percent compared to the same period last year, but in the second quarter there was a decrease of 0.1 percent compared to the same period last year. The entire trend shows that the domestic economy will grow quite slowly in 2023 and 2025. Similar developments were observed in the first half of 2023; GDP grew by 0.2 percent in the first quarter, followed by a decline of 0.1 percent in the second quarter.
A close look at the numbers shows that the domestic economy continues to be challenged. The challenges from the construction sector, as well as stagnating foreign trade and stagnating consumer demand, suggest that there is still a lot of work ahead of the responsible decision-makers. The calculated values of the GDP reflect the situation: they measure the production of goods and services and are crucial for economic analysis and planning.
Overall, economic development remains an issue that deserves the attention of all stakeholders. The future direction of economic policy will be crucial in order to gain momentum from the sluggish momentum of the last few months.