Several attempts have been made to construct national income accounts for Austria and Hungary prior to the First World War. The basic study is that of Friedrich von Fellner, published in 1917, which presents national income accounts on an average 1911–13 basis for Austria and Hungary. Fellner utilized official tax records as well as information provided him by individual manufacturers, and while some modifications have since been made of his work, it has remained the touchstone for discussions of the prewar Austrian economy. Ernst Waizner has made use of some of Fellner's private material to ascertain the contributions of the various regions of the monarchy to the income of the monarchy as a whole. Friedrich Hertz has modified Fellner's work to take into account the service sector, which Fellner ignores, and has made his own estimates of Austrian national income on an average 1902–3 basis to provide grounds for a study of change in the economy. The most recent study of long-term Austrian national income from 1913 to 1963, undertaken by the Austrian Institute for Economic Research, has used Fellner's data as modified by Hertz for its base-year data. Several minor alterations have been made to make the Fellner material conform to contemporary national income accounting techniques.

A composite index of industrial production has been constructed on the basis of five series. These series are made up of representative sub-series which encompass the major part of the following sectors: mining, metalmaking and metalworking, engineering, foodstuffs, and textiles.