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Austria

Austria · AUT · Europe

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Austria is a prosperous, landlocked country in Central Europe, known for its strong social market economy and high quality of life. It plays an active role in the European Union and maintains a policy of neutrality. Its economy benefits from strong industrial and tourism sectors.

Leadership

Alexander Van der Bellen

Federal President

GOVERNMENT: Federal Parliamentary Republic

Economy

GDP

$550.0B

GDP per Capita

$60.0K

GDP Growth

+2.0%

Inflation

2.0%

Unemployment

6.0%

Services (tourism, financial)Industry (machinery, metals, chemicals)Agriculture

Trade

Key Exports

Machinery and equipmentMotor vehicles and partsPaper and paperboardMetal goodsChemicalsIron and steel

Key Imports

Machinery and equipmentMotor vehiclesChemicalsMetal goodsOil and gasFoodstuffs

Top Partners

GermanyItalyUSASwitzerlandFrance

Headlines (8)

travelandtourworld3d ago

Europe Sleeper Trains Spark Twin-City Travel Boom as Overnight Rail Links Open New Gateways to Unique Destinations Compared to Flights

euronews3d ago

Six EU countries push for windfall tax on oil companies amid surging war profits

defenseworld3d ago

Snam (SNMRF) vs. The Competition Financial Survey

daryo_uz3d ago

Uzbekistan honors seven foreign and diaspora figures for contributions to development