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Economy Austria
Flag of Austria Austria
Population: 8,174,762 (July 2004 est.)
Capital: Vienna
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Tabular Data - The Austrian Economy

GDP : purchasing power parity - $245.3 billion (2003 est.)
GDP - Real Growth Rate : 0.7% (2003 est.)
GDP - Per Capita : purchasing power parity - $30,000 (2003 est.)
GDP - Composition By Sector : agriculture: 3.5%
industry: 25.7%
services: 70.9% (2003 est.)
Population Below Poverty Line : 3.9% (1999)
Household Income or Consumption by Percentage : lowest 10%: 2.5%
highest 10%: 22.5% (1995)
Inflation Rate (Consumer Prices) : 1.4% (2003 est.)
Labor Force : 3.425 million (2003)
Labor Force - By Occupation : agriculture and forestry 4%, industry and crafts 29%, services 67% (2001 est.)
Budget : revenues: $67 billion
expenditures: $70 billion, including capital expenditures of NA (2004 est.)
Industries : construction, machinery, vehicles and parts, food, chemicals, lumber and wood processing, paper and paperboard, communications equipment, tourism
Industrial Production Growth Rate : 1.9% (2003 est.)
Electricity - Production : 58.75 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 29.3%
hydro: 67.2%
nuclear: 0%
other: 3.5% (2001)
Electricity - Consumption : 54.85 billion kWh (2001)
Electricity - Exports : 14.25 billion kWh (2001)
Electricity - Imports : 14.47 billion kWh (2001)
Agriculture - Products : grains, potatoes, sugar beets, wine, fruit; dairy products, cattle, pigs, poultry; lumber
Exports : $83.45 billion f.o.b. (2003 est.)
Exports - Commodities : machinery and equipment, motor vehicles and parts, paper and paperboard, metal goods, chemicals, iron and steel; textiles, foodstuffs
Exports - Partners : Germany 31.9%, Italy 9.6%, Switzerland 5.2%, US 4.9%, France 4.8%, UK 4.7% (2003 est.)
Imports : $81.59 billion f.o.b. (2003 est.)
Imports - Commodities : machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products; foodstuffs
Imports - Partners : Germany 43.2%, Italy 6.7%, Hungary 5.4%, Switzerland 5%, Netherlands 4.2% (2003 est.)
Debt - External : $15.5 billion (2003 est.)
Economic Aid - Donor : ODA, $520 million (2002)
Currency : euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by the financial institutions of member countries; as of 1 January 2002, the euro became the only legal tender in EMU member countries, including Austria
Currency Code : EUR
Exchange Rates : euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
Fiscal Year : Calendar Year

Country References
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Data Source: Central Intelligence Agency 2004 World Factbook