Austria Austria

Subscribe to our free email alert service

Austria, is a country located at Western Europe, it has an area of 83,879 Km2.

Austria, with a population of 9,104,772 people, it is ranked at 99º position by population of 196 countries and has a population density of 109 people per km2.

It's capital is Vienna and its currency is Euros

Austria is holding the 29 position by nominal GDP. Its national debt in 2022 was 350,698 millions of euros (369,285 millions of dollars), ( 78.4% debt-to-GDP ratio) and its public debt per capita is €38,518 euros per inhabitant$40,560 dollars per inhabitant.

The last annual rate of CPI published in Austria was on December of 2023 and it was 5.6%.

In terms of the human development index (HDI) of Austria, which is the index used by the United Nations to measure the progress of a country, was 0.916 points in 2021, leaving it in 25th place in the table of 191 countries published.

If the reason to visit Austria are business, you must know it's in the 27th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Austria, if you want to see information about other countries click here

Vienna: Monthly Temp.
Vienna: Monthly Rainfall
Austria Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q413,071K
Annual GDP [+]2023€477,249M
Annual GDP [+]2022$471,026M
GDP per capita [+]2023€52,250
GDP per capita [+]2022$52,192
Quarterly GDP [+]2023Q4€120,235M
Debt (M.€.) [+]2022350,698
Debt ($M) [+]2022369,285
Debt (%GDP) [+]202278.40%
Debt Per Capita [+]2022€38,518
Debt Per Capita [+]2022$40,560
Deficit (M.€) [+]2022-15,840
Deficit ($M) [+]2022-16,679
Deficit (%GDP) [+]2022-3.50%
Expenditure (M.€) [+]2022237,757.2
Expenditure ($M) [+]2022250,358.3
Education Expenditure (M.€) [+]201820,128.7
Education Expenditure ($M) [+]201823,781.9
Education Expenditure (%Bud.) [+]201810.72%
Gov. Health Exp. (M.€) [+]202239,557,288,000.0
Gov. Health Exp.($M) [+]202241,653,824,264.0
Gov. Health Exp. (%Bud.) [+]201715.31%
Defence Expenditure (M.€) [+]20223,455.2
Defence Expenditure ($M) [+]20223,639.2
Defence Expenditure (%Bud.) [+]20221.52%
Expenditure (%GDP) [+]202253.20%
Expenditure Per Capita [+]2022€26,113
Expenditure Per Capita [+]2022$27,497
Education Expenditure P.C [+]2018€2,277
Education Expenditure P.C [+]2018$2,677
Gov. Health Exp. P.C. [+]2022€4,406
Gov. Health Exp. P.C. [+]2022$4,639
Defence Expenditure P.C. [+]2022€382
Defence Expenditure P.C. [+]2022$403
Moody's Rating [+]02/24/2023Aa1
S&P Rating [+]08/26/2022AA+
Fitch Rating [+]05/15/2020AA+
Corruption Index [+]202271
Competitiveness Ranking [+]201921º
Fragile States Index [+]201826.2
RTI Raking [+]2022135º
Innovation Ranking [+]201821º
Labour
Unemployment Rate [+]January 20245.0%
Unemployment rate [+]2023Q45.0%
Unemployed [+]2023Q4234K
Average Wage [+]2022$55,457
Average Wage [+]2022€52,666
Human Capital Ranking [+]201710º
Markets
US Dollar exchange rate [+]03/18/20240.9181
10-Year Bond Yield [+]03/18/20242.92%
Risk Premium [+]03/18/202446
Stock ExchangeYTD % [+]03/18/2024-0.17%
Prices
CPI (overall index) [+]December 20235.6%
HICP [+]February 20244.2%
PPI Year on Year [+]January 2024-11.7%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202027º
IPI Year on Year [+]January 2024-2.6%
Passengers vehicles Year [+]December 2022215,050
Annual Vehicles/ 1,000 p. [+]December 202226.88
Motor vehicle production [+]2022107,500
Vehicles / 1,000 people [+]2021636.14
Taxes
Tax Revenue (%GDP) [+]202243.4%
Standard VAT [+]01/01/201620.00%
Top tax rate + SSC [+]202255.0%
Trade
Annual arrivals [+]201931,883,731
Exports [+]2023€207,069.5M
Exports [+]2023$203,909.5M
Exports % GDP [+]202245.03%
Imports [+]2023€208,142.5M
Imports [+]2023$209,975.6M
Imports % GDP [+]202249.64%
Trade balance [+]2023€-1,073.0M
Trade balance [+]2023$-4,539.1M
Trade balance % GDP [+]2022-4.60%
Retail Sales YoY [+]December 2023-3.4%
Socio-Demography
Global AgeWatch Ranking [+]201513º
Density [+]2022109
Global Peace Ranking [+]2023
Crude divorce rate [+]20201.70‰
Remittance received ($M) [+]20172,933.8
% Immigrant [+]202019.46%
% Emigrant [+]20206.73%
Birth Rate [+]20229.10‰
Remittance sent ($M) [+]20174,083.3
Crude death rate [+]202210.30‰
Fertility Rate [+]20221.41
Crude marriage rate [+]20204.40‰
% risk of poverty [+]202214.8%
Population [+]20229,104,772
Immigrant stock [+]20201,738,183
Emigrant stock [+]2020600,740
HDI [+]20210.916
Gender Gap Ranking [+]202347º
Life expectancy [+]202281.40
Suicides [+]20221,314
Suicide rate [+]202214.43
Number of homicides [+]202279
Rate Homicides per 100.000 [+]20220.88
Energy and Environment
CO2 Tons per capita [+]20217.50
Annual crude oil production [+]202210
Crude Oil Reserves [+]202135.2
Consumption GWh [+]202168,534
Generation GWh [+]202164,227
Others
COVID-19 - Deaths [+]03/05/202422,534
COVID-19 - Confirmed [+]03/05/20246,081,287
Fully vaccinated [+]06/30/20236,683,263
COVID-19 - Deaths per million population [+]03/05/20242,474.97
Doses administered [+]06/30/202320,468,731