[see also: GDP - composition, by sector of origin - services country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: (2017 est.) [see also: Imports country ranks ] Commercial bank prime lending rate: 0.885 (2017 est.) revenues: 201.7 billion (31 December 2016 est. highest 10%: 23.5% (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 0.903 $158.1 billion 26.2% of GDP imports of goods and services: -50.7% [see also: Market value of publicly traded shares country ranks ] 40 $214.7 billion country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. [see also: GDP - composition, by end use - exports of goods and services country ranks ] 0.885 (31 December 2017 est.) (31 December 2010) Reserves of foreign exchange and gold: 0.885 (2017 est. (2015 est.) 19 (2017 est.) [see also: Public debt country ranks ] Central bank discount rate: b) The CIA sometimes assigns counterintuitive ranks. $483.7 billion 32 19 Current account balance: (2015 est.) $214 billion [see also: Taxes and other revenues country ranks ] (31 December 2017 est.) (2015) )country comparison to the world (CIA rank, may be based on non-current data): Labor force: 4.26 million 67 (2016 est.) Commercial bank prime lending rate: 2.2% [see also: Central bank discount rate country ranks ] 43 $21.57 billion 21 (2016 est.) revenues: 201.7 billion Exports - commodities: machinery and equipment, motor vehicles and parts, manufactured goods, chemicals, iron and steel, foodstuffs [see also: GDP - composition, by end use - government consumption country ranks ] Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% 28 Inflation rate (consumer prices): $630.8 billion [see also: Stock of direct foreign investment - abroad country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 1.86% 21 (2017 est.) (2014)country comparison to the world (CIA rank, may be based on non-current data): (31 December 2013 est. $679.3 billion (2016 est. [see also: GDP - composition, by sector of origin - agriculture country ranks ] 57 (2016 est.) Market value of publicly traded shares: $23.36 billion )country comparison to the world (CIA rank, may be based on non-current data): 0% 32 (31 December 2017 est.) Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% $7.859 billion [see also: Stock of direct foreign investment - at home country ranks ] Fiscal year: calendar year (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Debt - external: 35 25 (2017 est.) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro areacountry comparison to the world (CIA rank, may be based on non-current data): [see also: GDP - composition, by sector of origin - agriculture country ranks ] 0.885 0% 45, country comparison to the world (CIA rank, may be based on non-current data): $49,000 (2016 est.) Industries: construction, machinery, vehicles and parts, food, metals, chemicals, lumber and paper, electronics, tourism $214.7 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) Imports: (2014 est.) (31 December 2017 est.) ), GDP - per capita: (31 December 2017 est.) (31 December 2016 est. (2017 est.) [see also: Stock of broad money country ranks ] (31 December 2017 est.) industry: 25.2% $23.36 billion (2012 est.) Exports - commodities: machinery and equipment, motor vehicles and parts, manufactured goods, chemicals, iron and steel, foodstuffs $21.57 billion note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): (31 March 2015 est. exports of goods and services: 54.2% Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% 19 $271.4 billion (31 December 2016 est. (2017 est.) (31 December 2017 est.) [see also: Labor force - by occupation - services country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): 40 25 (31 December 2010) $271.4 billion Inflation rate (consumer prices): Stock of direct foreign investment - abroad: [see also: Stock of direct foreign investment - at home country ranks ] (31 December 2017 est.) (31 December 2017 est.) (2014)country comparison to the world (CIA rank, may be based on non-current data): $21.57 billion (31 December 2017 est.) (2017 est.) (31 December 2016 est. (31 December 2017 est.) $96.79 billion (31 December 2017 est.) (31 December 2013 est. PERTISAU, Austria: With tender care, Sepp Rieser adorns the bulky heads of his reluctant cows with flower wreaths, adds some more fir twigs, and adjusts the large bells around their necks. 0.903 5.5% 0% Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% 0.9214 18 [see also: Commercial bank prime lending rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) Budget: [see also: Reserves of foreign exchange and gold country ranks ] 21 )country comparison to the world (CIA rank, may be based on non-current data): $158.9 billion $339.7 billion )country comparison to the world (CIA rank, may be based on non-current data): Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% 19 [see also: Current account balance country ranks ] GDP - composition, by end use: [see also: GDP - composition, by end use - household consumption country ranks ] 0.7634 (2016 est.) (31 December 2017 est.) Taxes and other revenues: 48.3% (of GDP) [see also: Current account balance country ranks ] (2017 est.) Now it's in a historic recession . $271.4 billion $679.3 billion (2015 est.) exports of goods and services: 54.2% [see also: Market value of publicly traded shares country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) (2017 est.) $8.313 billion $149.5 billion $117.7 billion (2016 est. (2014 est.) (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): 1% (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2017) Agriculture - products: grains, potatoes, wine, fruit; dairy products, cattle, pigs, poultry; lumber and other forestry products (2017) [see also: Imports country ranks ] 19 (31 December 2015 est.) $158.1 billion Austria elected a new pro-business government in October 2017 that campaigned on promises to reduce bureaucracy, improve public sector efficiency, reduce labor market protections, and provide positive investment incentives. )country comparison to the world (CIA rank, may be based on non-current data): $555.4 billion (31 December 2017 est.) NOVEMBER 2020. government consumption: 19.5% $158.9 billion )country comparison to the world (CIA rank, may be based on non-current data): Reserves of foreign exchange and gold: )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of domestic credit country ranks ] Stock of domestic credit: 21 Exchange rates: euros (EUR) per US dollar - (2015) [see also: Population below poverty line country ranks ] (31 December 2016 est.) [see also: Stock of direct foreign investment - abroad country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Austria, with its well-developed market economy, skilled labor force, and high standard of living, is closely tied to other EU economies, especially Germany's. $48,900 Exchange rates: euros (EUR) per US dollar - No claims are made regarding the accuracy of Austria Economy 2020 information contained here. $149.5 billion $23.36 billion (2017 est.) [see also: Gross national saving country ranks ] Exports: Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% Austrian economic growth strengthen in 2017, with a 2.9% increase in GDP. )country comparison to the world (CIA rank, may be based on non-current data): Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. (31 December 2016 est. 40 (31 March 2015 est. )country comparison to the world (CIA rank, may be based on non-current data): Budget: (2017) (2017 est.) (31 December 2016 est. (31 December 2016 est. Exchange rates: euros (EUR) per US dollar - [see also: GDP - composition, by end use - household consumption country ranks ] 0.885 (2013 est. )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) [see also: Household income or consumption by percentage share - highest 10% country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 80, country comparison to the world (CIA rank, may be based on non-current data): 0.903 Population below poverty line: 3% (2017 est. Exports: (2017 est.) $158.9 billion (31 December 2017 est.) (2017 est.) 1.86% Exports - commodities: machinery and equipment, motor vehicles and parts, manufactured goods, chemicals, iron and steel, foodstuffs 0% 189 (2017 est.) 147 (2017) (2017 est. Imports: [see also: GDP - composition, by sector of origin - industry country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Market value of publicly traded shares: [see also: Commercial bank prime lending rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2017) $8.313 billion (2017 est.) 0.885 25 $294.1 billion (31 December 2016 est. (2017 est. 189 0.7634 (2017) )country comparison to the world (CIA rank, may be based on non-current data): 37 0.885 )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) (2016 est.) 0.903 [see also: GDP - composition, by sector of origin - industry country ranks ] $7.859 billion (2017 est.) Exports - commodities: machinery and equipment, motor vehicles and parts, manufactured goods, chemicals, iron and steel, foodstuffs $630.8 billion 19 Inflation rate (consumer prices): (2017 est.) (2017 est.) Reserves of foreign exchange and gold: )country comparison to the world (CIA rank, may be based on non-current data): $96.08 billion Market value of publicly traded shares: Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% 31 government consumption: 19.5% (2016 est.) 6% (31 December 2010) (2017 est.) $158.1 billion Reserves of foreign exchange and gold: )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. $679.3 billion 2.2% 28 (2016 est.) (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): Debt - external: (31 December 2017 est.) $117.7 billion (2017 est.) (2015) 0.903 [see also: Stock of broad money country ranks ] Imports: $142.3 billion Exchange rates: euros (EUR) per US dollar - (31 December 2016 est. Current account balance: $23.36 billion (2017 est. (31 December 2016 est.) $294.1 billion 67 Inflation rate (consumer prices): (2016 est.) 67 $156.7 billion (31 December 2017 est.) [see also: Debt - external country ranks ] 80 2.2% [see also: Budget - revenues country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 83.6% of GDP 0.885 (2017 est.) (31 December 2017 est.) note: data are in 2017 dollarscountry comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 32 [see also: Household income or consumption by percentage share - highest 10% country ranks ] (2015 est. $96.79 billion (2017 est.   a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank. note: this is general government gross debt, defined in the Maastricht Treaty as consolidated general government gross debt at nominal value, outstanding at the end of the year; it covers the following categories of government liabilities (as defined in ESA95): currency and deposits (AF.2), securities other than shares excluding financial derivatives (AF.3, excluding AF.34), and loans (AF.4); the general government sector comprises the sub-sectors of central government, state government, local government and social security funds; as a percentage of GDP, the GDP used as a denominator is the gross domestic product in current year pricescountry comparison to the world (CIA rank, may be based on non-current data): Exports - commodities: machinery and equipment, motor vehicles and parts, manufactured goods, chemicals, iron and steel, foodstuffs 21 Stock of direct foreign investment - abroad: household consumption: 52.1% (2017 est.) 37 [see also: Market value of publicly traded shares country ranks ] $156.7 billion $483.7 billion (31 March 2015 est. 131 (2015) $339.7 billion 78.6% of GDP $149.5 billion [see also: Market value of publicly traded shares country ranks ] 83.6% of GDP $214.7 billion $158.9 billion (2014 est.) $8.313 billion $339.7 billion [see also: Inflation rate (consumer prices) country ranks ] (2017 est.) [see also: Debt - external country ranks ] Imports - commodities: machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products, natural gas; foodstuffs Exchange rates: euros (EUR) per US dollar - 19 $214.7 billion (2015 est. [see also: Exports country ranks ] (2015 est. $214 billion 25.5% of GDP Debt - external: (2017 est.) $555.4 billion (31 December 2017 est.) 0.885 0.903 [see also: Public debt country ranks ] (31 December 2014 est.) 0.885 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) Exports: $214.7 billion 67, country comparison to the world (CIA rank, may be based on non-current data): (31 December 2014 est.) 21 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of domestic credit country ranks ] 25 Stock of narrow money: $50,000 1.57% Exchange rates: euros (EUR) per US dollar - )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2017 est.) $21.57 billion $271.4 billion Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (31 December 2016 est.) [see also: Debt - external country ranks ] Our Standards: The Thomson Reuters Trust Principles. Debt - external: $339.7 billion $23.36 billion (31 December 2017 est.) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Reserves of foreign exchange and gold country ranks ] (2016 est. Debt - external: Reserves of foreign exchange and gold: 80 25.5% of GDP Public debt: 0% Austria is part of the European Union (EU) and its economic laws and regulation must meet EU standards. (31 December 2017 est.) Household income or consumption by percentage share: $8.313 billion [see also: Exports country ranks ] [see also: Imports country ranks ] 0.903 $142.3 billion 0% )country comparison to the world (CIA rank, may be based on non-current data): industry: 28.4% expenditures: 204.6 billion [see also: Stock of broad money country ranks ] Fiscal year: calendar year (31 December 2016 est. (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. (2017 est.) [see also: Stock of direct foreign investment - at home country ranks ] (2014)country comparison to the world (CIA rank, may be based on non-current data): [see also: Reserves of foreign exchange and gold country ranks ] lowest 10%: 2.8% 2.2% (31 December 2015 est.) [see also: Debt - external country ranks ] agriculture: 1.3% 1.86% Public debt: [see also: Reserves of foreign exchange and gold country ranks ] $156.7 billion [see also: Unemployment rate country ranks ] 189 0.7634 6% 40 111, country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of direct foreign investment - abroad country ranks ] Stock of direct foreign investment - at home: investment in fixed capital: 23.5% $8.313 billion [see also: Central bank discount rate country ranks ] Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% (31 December 2017 est.) [see also: Budget - expenditures country ranks ], Taxes and other revenues: 48.3% (of GDP) 131 Exchange rates: euros (EUR) per US dollar - $156.7 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) (2016 est.) Stock of direct foreign investment - at home: (2016 est.) 0.7634 21 (31 December 2013 est. [see also: Distribution of family income - Gini index country ranks ] $214 billion Stock of direct foreign investment - abroad: 37 $117.7 billion )country comparison to the world (CIA rank, may be based on non-current data): Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% $679.3 billion Imports: (2014 est.) expenditures: 204.6 billion (2017 est.) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 0.885 )country comparison to the world (CIA rank, may be based on non-current data): (2017) highest 10%: 23.5% )country comparison to the world (CIA rank, may be based on non-current data): Stock of broad money: (31 December 2016 est. [see also: Stock of narrow money country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Taxes and other revenues country ranks ] Imports - commodities: machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products, natural gas; foodstuffs )country comparison to the world (CIA rank, may be based on non-current data): $679.3 billion 32 (2017 est.) (31 December 2017 est.) Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% (31 December 2016 est. 18 (31 December 2014 est.) 31 [see also: Commercial bank prime lending rate country ranks ] 19 $679.3 billion (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Current account balance country ranks ] $630.8 billion (31 December 2017 est.) Stock of narrow money: 111 expenditures: 204.6 billion (31 December 2016 est. $96.79 billion Slides shown at a news conference with Holzmann on Tuesday showed the pandemic would knock 4.4 percentage points off GDP in 2020, which would mean a contraction of 3.2% from 2019. [see also: Debt - external country ranks ] Stock of narrow money: Stock of domestic credit: $158.9 billion Public debt: [see also: GDP - composition, by end use - investment in fixed capital country ranks ] Stock of direct foreign investment - at home: Debt - external: 0.885 32 $7.859 billion Stock of domestic credit: ), Stock of direct foreign investment - abroad: (31 December 2017 est.) (2017 est.) Stock of direct foreign investment - at home: )country comparison to the world (CIA rank, may be based on non-current data): $49,000 (2016 est. (2015 est.) $214.7 billion 147, country comparison to the world (CIA rank, may be based on non-current data): $149.5 billion industry: 25.2% (31 December 2016 est. 0.7634 Current account balance: Commercial bank prime lending rate: 0.9214 [see also: Stock of direct foreign investment - abroad country ranks ] (2016 est.) [see also: Current account balance country ranks ] (2017 est.) (31 December 2010) 0.885 Imports - commodities: machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products, natural gas; foodstuffs Stock of narrow money: Exchange rates: euros (EUR) per US dollar - (2017 est. (2016 est.) 189 [see also: Stock of direct foreign investment - abroad country ranks ] 19 1.86% $339.7 billion Economy - overview: 25 Distribution of family income - Gini index: Industries: construction, machinery, vehicles and parts, food, metals, chemicals, lumber and paper, electronics, tourism ), Exchange rates: euros (EUR) per US dollar - )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. Stock of domestic credit: )country comparison to the world (CIA rank, may be based on non-current data): Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% [see also: Stock of direct foreign investment - at home country ranks ] Commercial bank prime lending rate: $7.859 billion (2016 est. (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order. Stock of broad money: Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% [see also: Stock of direct foreign investment - abroad country ranks ] 19 Stock of direct foreign investment - at home: (2016 est. (2017) $142.3 billion 0.885 expenditures: 204.6 billion )country comparison to the world (CIA rank, may be based on non-current data): $158.9 billion $23.36 billion (31 December 2016 est. (2016 est. $339.7 billion exports of goods and services: 54.2% 19 Stock of direct foreign investment - at home: (2017 est.) 0.885 (2017 est.) [see also: Imports country ranks ] $158.9 billion (31 December 2016 est. 2.2% (2017 est.) industry: 28.4% 111 Economia Austriei Sari la navigare Sari la căutare ... prosperă iar locuitorii ei beneficiază de un trai ridicat. (2016 est.) note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro areacountry comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): 1.86% (2016 est. Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% [see also: Imports country ranks ] 25 21 Exchange rates: euros (EUR) per US dollar - Public debt: 25 (2012 est.) (31 December 2017 est.) (31 December 2017 est.) $214 billion [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (31 December 2017 est.) Market value of publicly traded shares: [see also: GDP - composition, by sector of origin - agriculture country ranks ] 35, country comparison to the world (CIA rank, may be based on non-current data): Unemployment rate: (2013 est. [see also: Reserves of foreign exchange and gold country ranks ] 147 (31 December 2017 est.) (31 December 2017 est.) $214.7 billion (2017 est.) 0.7634 $630.8 billion $294.1 billion 30.5 note: see entry for the European Union for money supply for the entire euro area; the European Central Bank (ECB) controls monetary policy for the 18 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borderscountry comparison to the world (CIA rank, may be based on non-current data): 2.2% (2017 est.) All suggestions for corrections of any errors about Austria Economy 2020 should be addressed to the CIA or the source cited on each page. investment in inventories: 1.6% 25 (2017 est.) Central bank discount rate: $158.9 billion [see also: Public debt country ranks ] $214 billion 40 Labor force - by occupation: [see also: Labor force - by occupation - services country ranks ], Unemployment rate: (2016 est. $117.7 billion 0.885 [see also: GDP - composition, by end use - investment in inventories country ranks ]

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