Austria | GDP per unit of energy use (constant 2017 PPP $ per kg of oil equivalent)

GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2017 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Development relevance: In developing economies growth in energy use is closely related to growth in the modern sectors - industry, motorized transport, and urban areas - but energy use also reflects climatic, geographic, and economic factors (such as the relative price of energy). Energy use has been growing rapidly in low- and middle-income economies, but high-income economies still use almost five times as much energy on a per capita basis. Fossil fuels are non-renewable resources because they take millions of years to form, and reserves are being depleted much faster than new ones are being made. In developing economies growth in energy use is closely related to growth in the modern sectors - industry, motorized transport, and urban areas - but energy use also reflects climatic, geographic, and economic factors (such as the relative price of energy). Energy use has been growing rapidly in low- and middle-income economies, but high-income economies still use almost five times as much energy on a per capita basis. Limitations and exceptions: The IEA makes these estimates in consultation with national statistical offices, oil companies, electric utilities, and national energy experts. The IEA occasionally revises its time series to reflect political changes, and energy statistics undergo continual changes in coverage or methodology as more detailed energy accounts become available. Breaks in series are therefore unavoidable. Statistical concept and methodology: The ratio of gross domestic product (GDP) to energy use indicates energy efficiency. To produce comparable and consistent estimates of real GDP across economies relative to physical inputs to GDP - that is, units of energy use - GDP is converted to 2017 international dollars using purchasing power parity (PPP) rates. Differences in this ratio over time and across economies reflect structural changes in an economy, changes in sectoral energy efficiency, and differences in fuel mixes. Total energy use refers to the use of primary energy before transformation to other end-use fuels (such as electricity and refined petroleum products). It includes energy from combustible renewables and waste - solid biomass and animal products, gas and liquid from biomass, and industrial and municipal waste. Biomass is any plant matter used directly as fuel or converted into fuel, heat, or electricity. Energy data are compiled by the International Energy Agency (IEA). IEA data for economies that are not members of the Organisation for Economic Co-operation and Development (OECD) are based on national energy data adjusted to conform to annual questionnaires completed by OECD member governments. GDP data are from World Bank's national accounts files.
Publisher
The World Bank
Origin
Republic of Austria
Records
63
Source
Austria | GDP per unit of energy use (constant 2017 PPP $ per kg of oil equivalent)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990 11.57199746
1991 11.24384419
1992 11.94681567
1993 11.87383482
1994 12.19208395
1995 11.98285244
1996 11.54036839
1997 11.86813113
1998 12.08832823
1999 12.54538115
2000 13.01494926
2001 12.47291352
2002 12.56588626
2003 11.98732192
2004 12.13535209
2005 12.08816793
2006 12.46458323
2007 13.07722224
2008 13.18553996
2009 13.43567499
2010 12.79706735
2011 13.55953504
2012 13.7125366
2013 13.5231317
2014 14.06544991
2015 13.91307705
2016
2017
2018
2019
2020
2021
2022

Austria | GDP per unit of energy use (constant 2017 PPP $ per kg of oil equivalent)

GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2017 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Development relevance: In developing economies growth in energy use is closely related to growth in the modern sectors - industry, motorized transport, and urban areas - but energy use also reflects climatic, geographic, and economic factors (such as the relative price of energy). Energy use has been growing rapidly in low- and middle-income economies, but high-income economies still use almost five times as much energy on a per capita basis. Fossil fuels are non-renewable resources because they take millions of years to form, and reserves are being depleted much faster than new ones are being made. In developing economies growth in energy use is closely related to growth in the modern sectors - industry, motorized transport, and urban areas - but energy use also reflects climatic, geographic, and economic factors (such as the relative price of energy). Energy use has been growing rapidly in low- and middle-income economies, but high-income economies still use almost five times as much energy on a per capita basis. Limitations and exceptions: The IEA makes these estimates in consultation with national statistical offices, oil companies, electric utilities, and national energy experts. The IEA occasionally revises its time series to reflect political changes, and energy statistics undergo continual changes in coverage or methodology as more detailed energy accounts become available. Breaks in series are therefore unavoidable. Statistical concept and methodology: The ratio of gross domestic product (GDP) to energy use indicates energy efficiency. To produce comparable and consistent estimates of real GDP across economies relative to physical inputs to GDP - that is, units of energy use - GDP is converted to 2017 international dollars using purchasing power parity (PPP) rates. Differences in this ratio over time and across economies reflect structural changes in an economy, changes in sectoral energy efficiency, and differences in fuel mixes. Total energy use refers to the use of primary energy before transformation to other end-use fuels (such as electricity and refined petroleum products). It includes energy from combustible renewables and waste - solid biomass and animal products, gas and liquid from biomass, and industrial and municipal waste. Biomass is any plant matter used directly as fuel or converted into fuel, heat, or electricity. Energy data are compiled by the International Energy Agency (IEA). IEA data for economies that are not members of the Organisation for Economic Co-operation and Development (OECD) are based on national energy data adjusted to conform to annual questionnaires completed by OECD member governments. GDP data are from World Bank's national accounts files.
Publisher
The World Bank
Origin
Republic of Austria
Records
63
Source