6 Countries With Economic Growth or Debt Problems in 2024

3 – Austria

Debt To GDP – 78

Real GDP Growth Rate – 0.8

Austria is among the top 3 countries with economic growth or debt problems in 2024. Its economy has been facing challenges such as high inflation, declining international competitiveness, and weak demand in the manufacturing sector, which has led to a contraction in economic growth. Austria’s heavy reliance on exports, coupled with global economic slowdowns and uncertainties related to the war in Ukraine, have further impacted its economic outlook.