IMF - International Monetary Fund

07/20/2026 | Press release | Archived content

July 20, 2026IMF Executive Board Concludes 2026 Article IV Consultation with Austria

IMF Executive Board Concludes 2026 Article IV Consultation with Austria

July 20, 2026

  • Economic growth will remain positive in 2026, but slow to 0.6 percent as higher energy prices weigh on consumption. Growth is expected to recover gradually thereafter, with a stronger rebound expected in 2028-2029.
  • The authorities' 2028 fiscal target of 3 percent is appropriately ambitious, but further consolidation beyond what has been announced so far will likely be needed to achieve it.
  • Beyond fiscal adjustment, the key priority is to revive productivity growth through domestic and European-level reforms.

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