Total factoring volume to GDP in Austria

Austria: Total factoring volume to GDP was 7.6% in 2020. ▲ Rising

Latest (2020)
7.6%
Change on year
up 10.9%
World rank
21st
of 72 countries
All-time high
7.6%
in 2020
All-time low
1.8%
in 2007
Years of data
14
2007–2020

Total factoring volume to GDP in Austria, 2007–2020

24682007201320202007: 1.8 %2008: 2.2 %2009: 2.3 %2010: 2.8 %2011: 2.9 %2012: 3.5 %2013: 4.5 %2014: 4.5 %2015: 5.2 %2016: 5.2 %2017: 6.1 %2018: 6.1 %2019: 6.9 %2020: 7.6 %

Source: Factors Chain International. Measured in %.

Analysis

Austria recorded 7.6% for total factoring volume to gdp in 2020. That is the highest value across all 14 years on record.

The figure is up 10.9% on the previous year and up 171.4% over ten years.

Over the whole period, total factoring volume to gdp in Austria peaked at 7.6% in 2020 and was at its lowest, 1.8%, in 2007.

That places Austria 21st out of 72 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.1% 1.8% 2.3% 3
2010s 4.8% 2.8% 6.9% 10
2020s 7.6% 7.6% 7.6% 1

Countries ranked near Austria

  1. 18 Norway 8.5% compare
  2. 19 Peru 8.3% compare
  3. 20 Ireland 8.2% compare
  4. 22 Hungary 7.0% compare
  5. 23 Denmark 6.4% compare
  6. 24 Lithuania 5.9% compare

See the full ranking of 72 places →

More financial sector data for Austria

All data for Austria →

Frequently asked questions

What is total factoring volume to gdp in Austria?
Total factoring volume to gdp in Austria was 7.6% in 2020, according to Factors Chain International.
What is the highest total factoring volume to gdp recorded in Austria?
The highest recorded value was 7.6% in 2020.
What is the lowest total factoring volume to gdp recorded in Austria?
The lowest recorded value was 1.8% in 2007.
How does Austria rank for total factoring volume to gdp?
Austria ranks 21st out of 72 countries with data for 2020.
Is total factoring volume to gdp rising or falling in Austria?
Over the last ten years it is up 171.4%. The long-run trend across the full record is rising.
Where does this Austria data come from?
The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
72 places, 938 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.