Country
Austria AUT
score date 2026-10-09 · 30d +2.5
Seven dimensions
Credibility gap92.0
IMF / national CPI · as of 2026-07-01 · coverage: silver
Behind the curve55.8
BIS policy rates + CPI · as of 2026-10-06 · coverage: silver
Communication76.5
Central-bank statements · as of 2026-10-09 · coverage: silver
Geopolitical47.7
GDELT · as of 2026-10-09 · coverage: silver
Growth36.4
World Bank WDI / IMF WEO · as of 2026-10-09 · coverage: silver
Liquidity41.5
IMF BOP / BIS / FRED · as of 2026-10-09 · coverage: silver
Governance75.0
World Bank WGI · as of 2026-10-09 · coverage: silver
Austria sovereign credibility, in brief
Austria scores 61.0 out of 100 on the composite sovereign credibility index — credibility band 50–65. That ranks it 16 of 31 in Europe & Central Asia, the 52nd percentile of the region. The score is unchanged over the past seven days. CPI 2.8% vs 2.0% target (+0.8pp) — mild overshoot | adequate credibility (61/100).
As of 2026-10-09 · scored daily from public data under methodology v8
Executive summary
written 10 Oct · score 9 OctAustria scores adequately at 61.0, ranking #16 of 31 in its region and slightly above the regional average of 60.3.
- Credibility gap: The gap score of 92.0 is the highest component, driven by CPI at 2.8%, which sits 0.8pp above the 2.0% target.
- Inflation vs target: Inflation is running above target, so the credibility question centres on whether it returns to 2.0%.
- Policy stance: The 2.5% policy rate is set by the ECB, so Austria has no independent lever.
- Communication stance: Communication scores 76.5, a relative strength in the scorecard.
- Geopolitics: Pressure is moderate at 47.7, with the Vienna shooting the only headline with macro-relevant risk.
- Watch item: The next Austrian CPI print will show whether the 0.8pp gap is narrowing.
Peer context
Rank 16/31 in Europe & Central Asia · 52th percentile
Region avg 60.3 · best 68.4 · worst 47.4
Ranked either side
- Slovenia 61.2
- Tajikistan 61.2
- Belgium 60.9
- France 59.4
90-day trend
External pulse
- Commodity terms-of-trade, 12m change
- -1.3%
- as of 2026-10-10
- Electricity demand, YoY
- -3.7%
- as of 2026-06-01
- Industrial production, YoY
- -0.4%
- as of 2026-05-01
Terms-of-trade: IMF Commodity Terms of Trade · Electricity: Ember (CC BY 4.0) · Industrial production: Eurostat, © European Union (CC BY 4.0)
Key indicators
Inflation & rates
| 10Y sovereign yield | 3.4% | 2026-08-01 | FRED |
External & activity
| Cpi monthly index | 103.1 | 2026-07-01 | ILO CPI |
| Current account (% GDP) | 1.8% | 2025-12-31 | World Bank |
| Electricity demand (TWh) | 5.4 | 2026-06-01 | Ember |
| FDI inflows (% GDP) | -2.0% | 2025-12-31 | World Bank |
| GDP growth, annual | 0.6% | 2025-12-31 | World Bank |
| Industrial production index (2021=100) | 102.3 | 2026-05-01 | Eurostat |
| Nightlights radiance (monthly sum) | 440.4K | 2025-12-01 | World Bank / NASA Black Marble |
| Nightlights radiance, YoY | -20.1% | 2025-12-01 | derived |
| Remittances (% GDP) | 0.7% | 2025-12-31 | World Bank |
| Reserves (months of imports) | 1.8 mo | 2025-12-31 | World Bank |
| Retail sales volume index (2021=100) | 97.3 | 2026-05-01 | Eurostat |
| Retail sales volume, YoY | 0.3% | 2026-05-01 | Eurostat |
| Trade openness (% GDP) | 107.0% | 2025-12-31 | World Bank |
| Unemployment rate | 5.6% | 2025-12-31 | World Bank |
| Unemployment rate (ILO) | 5.8% | 2025-12-31 | ILO |
Structure
| GDP per capita (USD) | $62,930 | 2025-12-31 | World Bank |
| Labor force participation | 61.7% | 2025-12-31 | ILO |
| WGI: control of corruption | 1.3 | 2025-12-31 | World Bank |
| WGI: government effectiveness | 1.5 | 2025-12-31 | World Bank |
| WGI: political stability | 0.5 | 2025-12-31 | World Bank |
| WGI: regulatory quality | 1.1 | 2025-12-31 | World Bank |
| WGI: rule of law | 1.7 | 2025-12-31 | World Bank |
| WGI: voice & accountability | 1.4 | 2025-12-31 | World Bank |
Eurostat, © European Union (CC BY 4.0) · Nightlights: World Bank / NASA Black Marble VIIRS (CC BY 4.0)
Follow the moves
Every figure above is recomputed daily from public data, with the source and as-of date shown for each one. The weekly briefing says which scores moved, and why.