Key Market Indicators
Austrian Manufacturing Output is projected to climb to approximately €254 billion by 2028, up from around €226 billion in 2023, marking a compound annual growth rate (CAGR) of 1.9%. Since 2000, Austria has experienced an average annual increase of 2.2% in manufacturing output. In 2023, Austria ranked 11th globally in manufacturing output, with Belgium surpassing it at the same €226 billion mark. Italy, France, and Spain took the second, third, and fourth positions, respectively, in this ranking.
