Austria's manufacturing sector maintained stability from 1990 to the early 2000s, starting at 19.6% in 1990 and holding near 18% until 2009. The sector faced a downturn following the 2008 global financial crisis, declining to 16.4% by 2009. While there was recovery in subsequent years, the sector’s share has seen modest fluctuations, ending at 15.9% in 2022. Austria’s economy, with its emphasis on service and technology sectors, has gradually reduced manufacturing’s GDP share. Recent minor declines also reflect Austria’s focus on digitalization and environmental policies that prioritize other economic sectors.
For a broader context, visit other statistics on Austria’s annual GDP growth rate, Austria’s working-age demographic percentage, Austria’s agriculture share in GDP.
