Revision Analysis of Quarterly National Accounts in Austria

The economic data used in the compilation of the quarterly GDP often becomes available with some delay. This calls for revisions of data concerning quarters that already lie in the past. To provide timely information on the current economic situation first results are calculated from an incomplete data base and partly estimated. With the availability of new data these first releases are being revised. At an average annual economic growth rate of 2.1 percent in the investigation period first estimates were revised upwards by merely 0.06 percentage point with respect to the second estimate and 0.35 percentage point with respect to the final estimate.