Current account balance: Stock of direct foreign investment - abroad: Stock of direct foreign investment - at home: (31 December 2016 est. 25 (31 December 2016 est. 0.903 $7.859 billion (2016 est. [see also: GDP - composition, by end use - investment in inventories country ranks ] $50,000 (2017 est.) Inflation Austria 2020 – CPI inflation Austria 2020 Inflation Austria 2020 Inflation Austria 2020 (CPI) - The inflation chart and table below feature an overview of the Austrian inflation in 2020: CPI Austria 2020. $96.08 billion (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) (31 December 2017 est.) Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% (2017) )country comparison to the world (CIA rank, may be based on non-current data): 0.9214 (2017 est.) Stock of domestic credit: [see also: Stock of narrow money country ranks ] Exports: (31 December 2016 est. (2016 est. (2016 est. Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% 40 (2017 est.) Current account balance: 21 Everyone having an 100% electric car is allowed to participate. )country comparison to the world (CIA rank, may be based on non-current data): (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: Reserves of foreign exchange and gold country ranks ] (31 December 2015 est.) Market value of publicly traded shares: (2016 est.) $117.7 billion $483.7 billion $679.3 billion government consumption: 19.5% (2016 est. $271.4 billion (2017 est.) 131 (2015 est.) (2016 est. 1.86% (31 December 2016 est. (31 December 2017 est.) $158.1 billion 21 19 (31 March 2015 est. 32 Twitter. $294.1 billion (2016 est. 19 (2016 est.) Our Standards: The Thomson Reuters Trust Principles. [see also: Imports country ranks ] $294.1 billion 1.57% Imports - commodities: machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products, natural gas; foodstuffs Labor force: 4.26 million 1.57% 37 $679.3 billion No claims are made regarding the accuracy of Austria Economy 2020 information contained here. $214.7 billion $294.1 billion )country comparison to the world (CIA rank, may be based on non-current data): 0% 83.6% of GDP Stock of narrow money: 1.57% $156.7 billion 78.6% of GDP (2016 est.) The finish line is at the Großglockner at 2394 m altitude. investment in fixed capital: 23.5% 1% (31 March 2015 est. (2017 est.) 2.2% (2017 est.) (2017) 1.57% (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP - composition, by end use - household consumption country ranks ] (31 December 2017 est.) [see also: Population below poverty line country ranks ] $21.57 billion (2017 est. 32 0% Budget surplus (+) or deficit (-): -0.7% (of GDP) (2017 est.) [see also: Stock of domestic credit country ranks ] $271.4 billion 0.7634 (31 December 2017 est.) 111 Stock of narrow money: $156.7 billion 1.86% (2016 est. (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $7.859 billion $7.859 billion 0.7634 0% [see also: Labor force - by occupation - industry country ranks ] Exports - commodities: machinery and equipment, motor vehicles and parts, manufactured goods, chemicals, iron and steel, foodstuffs [see also: Debt - external country ranks ] (31 December 2016 est. (2014 est.) (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): Exports: (2016 est. [see also: Inflation rate (consumer prices) country ranks ] (2016 est.) (2013 est. Current account balance: 21 0% expenditures: 204.6 billion $214.7 billion services: 70.3% (31 December 2017 est.) Austria a beneficiat, de asemenea, de puternice relații comerciale cu țările din Europa Centrală, de Est și Sud-Est, în special în sectorul bancar și al asigurărilor. Imports: $48,900 (31 December 2017 est.) $96.79 billion $483.7 billion household consumption: 52.1% )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of domestic credit country ranks ] (31 December 2013 est. imports of goods and services: -50.7% $156.7 billion (31 December 2017 est.) Central bank discount rate: ), GDP - composition, by end use: [see also: Industrial production growth rate country ranks ] (2016 est. 57 $271.4 billion 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): Imports: [see also: Gross national saving country ranks ] 19 $339.7 billion [see also: Reserves of foreign exchange and gold country ranks ] As a result of the general shutdown, registered unemployment rose significantly in March and April and, despite decreasing since then, remains at high levels. (2017) 25 0.885 18 Central bank discount rate: (31 December 2014 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): (2016 est.) 19 (2014 est.) 21 exports of goods and services: 54.2% (2017 est.) Budget: (31 December 2014 est.) (2017 est.) [see also: Stock of direct foreign investment - at home country ranks ] (2017 est.) $96.08 billion (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 ] Debt - external: (2016 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): 1% (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 111 (2014)country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: (2017 est.) 18 (31 December 2017 est.) 78.6% of GDP Market value of publicly traded shares: [see also: Reserves of foreign exchange and gold country ranks ] $339.7 billion (2017 est.) (2013 est. 2.2% (2016 est. Fiscal year: calendar year (31 December 2017 est.) Austria economic growth for 2018 was $497.69B, a 1.29% increase from 2018. [see also: Current account balance country ranks ] [see also: Labor force - by occupation - agriculture country ranks ] Public debt: (31 December 2017 est.) $156.7 billion )country comparison to the world (CIA rank, may be based on non-current data): [see also: Current account balance 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): (2015) (31 December 2017 est.) (2013 est. 2.2% [see also: Commercial bank prime lending rate country ranks ] 0% Imports: (31 December 2017 est.) Public debt: (31 December 2016 est.) [see also: Imports country ranks ] 111 [see also: GDP - composition, by sector of origin - services country ranks ] $96.08 billion )country comparison to the world (CIA rank, may be based on non-current data): The ONB last week revised its inflation forecast down to 1.2% for this year because of the slump in oil prices. (2017 est.) 32 1.57% Household income or consumption by percentage share: (31 December 2017 est.) (2017 est.) Stock of direct foreign investment - abroad: 25 Stock of broad money: (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): Imports: Market value of publicly traded shares: 0% Fiscal year: calendar year [see also: Unemployment rate country ranks ] (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): 0.885 (2017 est.) (2017 est.) Public debt: (2015 est.) Stock of narrow money: (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. 0.9214 1.86% 32 (31 December 2010) [see also: Stock of direct foreign investment - at home country ranks ] 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): (31 December 2014 est.) 0% [see also: Market value of publicly traded shares country ranks ] (31 December 2014 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) [see also: Inflation rate (consumer prices) country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 28 0.885 0.9214 $158.9 billion 25.5% of GDP $8.313 billion $483.7 billion (31 December 2016 est. [see also: Exports country ranks ] [see also: Industrial production growth rate country ranks ] [see also: Budget - expenditures country ranks ] 67 [see also: Debt - external country ranks ] 21 (2017) 28, country comparison to the world (CIA rank, may be based on non-current data): $8.313 billion (31 December 2015 est.) Stock of direct foreign investment - abroad: Unemployment rate: 21 [see also: Commercial bank prime lending rate country ranks ] 0.903 People have been told to stay at home and work from there if possible. (2016 est. 21 37 Stock of domestic credit: 21 80 $294.1 billion 37 28 $214.7 billion $142.3 billion (2016 est.) Market value of publicly traded shares: Imports - commodities: machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products, natural gas; foodstuffs (2017 est.) [see also: GDP - per capita country ranks ] 83.6% of GDP (31 December 2017 est.) (31 December 2014 est.) 32 18 $96.79 billion MAIN PARTNER. 57 )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) 0.7634 [see also: Public debt country ranks ] $214 billion Debt - external: (2012 est.) (2016 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.) Debt - external: $271.4 billion 83.6% of GDP (2017) 83.6% of GDP $630.8 billion (2014 est.) (2017 est. Exchange rates: euros (EUR) per US dollar - Debt - external: (31 December 2017) [see also: Commercial bank prime lending rate country ranks ] (31 December 2016 est. $158.9 billion (31 December 2016 est. [see also: Reserves of foreign exchange and gold country ranks ] (2013 est. (2017) Stock of narrow money: Imports: (31 December 2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: 0.7634 Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% 131 80 (2015 est.) (31 December 2016 est. (2016 est. $8.313 billion 189 25 0.885 (2016 est.) In the first quarter of the year, the economy has been hard hit by the Covid-19 pandemic and subsequent containment measures paralyzing activity. (31 December 2017 est.) Stock of broad money: Exports - partners: Germany 29.4%, US 6.3%, Italy 6.2%, Switzerland 5.1%, France 4.8%, Slovakia 4.8% Email. )country comparison to the world (CIA rank, may be based on non-current data): 30.5 [see also: Stock of broad money country ranks ] )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% )country comparison to the world (CIA rank, may be based on non-current data): 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): household consumption: 52.1% $158.9 billion Exchange rates: euros (EUR) per US dollar - (2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] $679.3 billion )country comparison to the world (CIA rank, may be based on non-current data): 0% (2014 est.) (2016 est. Exports: [see also: Stock of direct foreign investment - abroad country ranks ] Current account balance: )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) Austria economic growth for 2018 was $505.11B, a 0.79% increase from 2018. )country comparison to the world (CIA rank, may be based on non-current data): $96.79 billion 25 $630.8 billion [see also: GDP - per capita country ranks ] 21 services: 70.3% [see also: Stock of direct foreign investment - abroad country ranks ] Fiscal year: calendar year A … 30.5 $142.3 billion (2016 est. $555.4 billion )country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP country ranks ] The economy of Austria is that of a fully industrialized country, with a highly developed market economy, skilled labor force, and a very high standard of living for its population. Labor force - by occupation: [see also: Gross national saving country ranks ] industry: 28.4% (2017 est.) (31 December 2010) expenditures: 204.6 billion agriculture: 0.7% $555.4 billion (31 December 2016 est. 147 0.9214 highest 10%: 23.5% [see also: Stock of narrow money country ranks ] (2016 est.) Exports: )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): 0.7634 [see also: Debt - external country ranks ] (2017 est.) 21 [see also: Commercial bank prime lending rate country ranks ] $294.1 billion Exports - commodities: machinery and equipment, motor vehicles and parts, manufactured goods, chemicals, iron and steel, foodstuffs 0.885 Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% (31 December 2016 est. [see also: GDP - real growth rate country ranks ] (2016 est. $294.1 billion ), Labor force: 4.26 million Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% [see also: GDP - composition, by end use - investment in fixed capital country ranks ] Distribution of family income - Gini index: 40 [see also: Debt - external country ranks ] 0% (2013 est. 40 The main socio-economic indicators presented show Austria's position to be broadly satisfactory, especially compared with the rest of the euro area. (2014)country comparison to the world (CIA rank, may be based on non-current data): (2017 est. 1.1% 189 government consumption: 19.5% $21.57 billion $271.4 billion 37 [see also: Stock of domestic credit country ranks ] [see also: Imports country ranks ] Each week of lockdown costs the economy 0.53% of yearly GDP, or 2.1 billion euros ($2.3 billion), a line in Holzmann’s slide presentation showed. (31 December 2016 est.) Market value of publicly traded shares: 21 21 Gross national saving: (2017 est.) 21 (31 December 2017 est.) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of broad money country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] (2017 est. Imports - commodities: machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products, natural gas; foodstuffs 21 Distribution of family income - Gini index: [see also: Stock of domestic credit country ranks ] services: 74.1% (2017 est. Stock of direct foreign investment - abroad: )country comparison to the world (CIA rank, may be based on non-current data): $117.7 billion $50,000 (2017 est.) [see also: Public debt country ranks ] $8.313 billion [see also: Current account balance country ranks ] (2013 est. (2015 est. (2013 est. services: 70.3% Imports: (31 December 2017 est.) (2017) )country comparison to the world (CIA rank, may be based on non-current data): $158.9 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) $117.7 billion [see also: Distribution of family income - Gini index country ranks ] (2016 est. $339.7 billion 57 [see also: GDP - composition, by sector of origin - agriculture country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 0.885 (2017 est.) 18 0.903 Stock of narrow money: ), Commercial bank prime lending rate: (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): 26.2% of GDP )country comparison to the world (CIA rank, may be based on non-current data): 83.6% of GDP (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 32 28 services: 70.3% (31 December 2017 est.) (31 March 2015 est. (31 December 2017) (31 December 2017 est.) [see also: Inflation rate (consumer prices) country ranks ] 78.6% of GDP $630.8 billion 0.903 [see also: GDP - real growth rate country ranks ] (31 December 2016 est. (31 December 2017 est.) [see also: Stock of direct foreign investment - at home country ranks ] [see also: Central bank discount rate country ranks ] 110 Inflation rate (consumer prices): (2013 est. $142.3 billion [see also: Current account balance country ranks ] Public debt: )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. (2017 est.) Imports: $21.57 billion (2017 est. Stock of domestic credit: $271.4 billion (2012 est.) (31 March 2015 est. 19 (31 December 2015 est.) Reserves of foreign exchange and gold: (2016 est.) (31 December 2017 est.) (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Distribution of family income - Gini index country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $271.4 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. (2017 est.) [see also: GDP - composition, by sector of origin - services country ranks ] $142.3 billion 67 $214 billion Gross national saving: [see also: Current account balance country ranks ] [see also: Stock of narrow money country ranks ] 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): 32 189 (31 December 2016 est. Imports - commodities: machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products, natural gas; foodstuffs [see also: Stock of direct foreign investment - at home country ranks ] $117.7 billion Imports: 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): [see also: Labor force - by occupation - agriculture country ranks ] (2017 est.) 31, country comparison to the world (CIA rank, may be based on non-current data): 25 (31 December 2017 est.) (2017 est.) April 30, 2020. )country comparison to the world (CIA rank, may be based on non-current data): 19 )country comparison to the world (CIA rank, may be based on non-current data): 147 [see also: Current account balance country ranks ] $214.7 billion $142.3 billion [see also: Reserves of foreign exchange and gold country ranks ] (31 December 2016 est. (2017 est.) (31 December 2015 est.) Commercial bank prime lending rate: 78.6% of GDP (31 December 2016 est. $214.7 billion (2017 est.) Budget surplus (+) or deficit (-): -0.7% (of GDP) $149.5 billion [see also: Public debt country ranks ] (31 December 2016 est. services: 70.3% 26.2% of GDP Industrial production growth rate: 6.5% [see also: GDP - composition, by end use - investment in fixed capital country ranks ] We do not expect the economy to recover fully before 2023. (31 December 2016 est. [see also: Stock of direct foreign investment - abroad country ranks ] [see also: Public debt country ranks ] (31 March 2015 est. (2016 est.) [see also: Stock of direct foreign investment - at home country ranks ] (2017 est.) Imports - partners: Germany 41.8%, Italy 5.8%, Switzerland 5.5%, Czech Republic 4.4%, Netherlands 4.2% (2016 est.) 0.903 80 Budget surplus (+) or deficit (-): -0.7% (of GDP) 19 (31 December 2016 est. [see also: Stock of narrow money country ranks ] expenditures: 204.6 billion [see also: Debt - external country ranks ] (2012 est.) 18, country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) [see also: Reserves of foreign exchange and gold country ranks ] $149.5 billion Austrian exports, accounting for around 60% of the GDP, were up 8.2% in 2017. (2017 est.) Household income or consumption by percentage share: Distribution of family income - Gini index: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad. Population below poverty line: 3%

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