## Austria: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Austria

_IMF Staff Country Reports, September 12, 2018_

## Source details

**Canonical URL:** [Austria: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Austria](https://www.imf.org/en/publications/cr/issues/2018/09/12/austria-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-46221)

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## Bibliographic details
- Published: September 12, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484375846.002

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### Economic recovery and recent performance
- Austria’s economic recovery is described as strong and broad-based.
- Output expanded by 3 percent in 2017.
- Recovery drivers in 2017 included:
  - income tax cuts passed in 2016,
  - higher public spending on refugees,
  - a recovery in private investment.
- Consumer and business confidence indicators have surpassed levels observed before the Global Financial Crisis.
- Credit growth has recovered.

### Near-term outlook and medium-term projection
- Near-term growth projection for 2018: 3 percent.
- Medium-term projection: gradual return to a potential growth of about 1.75 percent.

### Publication metadata and scope
- Pages: 53
- Volume: 2018
- Issue: 272
- Series: Country Report No. 2018/272
- DOI: https://doi.org/10.5089/9781484375846.002
- ISBN: 9781484375846
- ISSN: 1934-7685
- Subjects listed: Banking, Expenditure, Financial institutions, Fiscal policy, Fiscal stance, Labor, Labor markets, Loans, Unemployment

*International Monetary Fund. Austria: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Austria (IMF Staff Country Reports 2018, 272).*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2018/cr18272.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2018/cr18272.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2018/09/12/austria-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-46221_