Market Information
Capital
Vienna
Languages
German, English
Population (as of September, 2021)
9,066,791
Territory
83,879 km²
Currency
Euro (EUR)
GDP
$491 billion (2020)
GDP growth (2020)
-6,6%
GDP structure
agriculture: 1.3%
industry: 28.4%
services: 70.3%
industry: 28.4%
services: 70.3%
Key industries
mechanical engineering
metallurgy
chemical
woodworking and pulp and paper
metallurgy
chemical
woodworking and pulp and paper
Leading exports
Germany: 30%
the USA: 6.46%
Italy: 6.18%
Switzerland: 5.52%
France: 4.28%
Poland: 3.86%
the Czech Republic: 3.54%
Hungary: 3.44%
the UK: 2.8%
China: 2.75%
the USA: 6.46%
Italy: 6.18%
Switzerland: 5.52%
France: 4.28%
Poland: 3.86%
the Czech Republic: 3.54%
Hungary: 3.44%
the UK: 2.8%
China: 2.75%
Leading imports
2020
the EU: 86.1%
Asia: 10.8%
North America: 2.3%
Africa: 0.5%
Latin America (excluding Mexico and the Caribbean): 0.2%
Australia, New Zealand and Oceania: 0.1%
the EU: 86.1%
Asia: 10.8%
North America: 2.3%
Africa: 0.5%
Latin America (excluding Mexico and the Caribbean): 0.2%
Australia, New Zealand and Oceania: 0.1%
Industrial Centre
Vienna
Graz
Linz
Steyr
Graz
Linz
Steyr
Unemployment level
7%
Corruption Perceptions Index
76 (2021)
Easy to do business with
27th place out of 190 (2020)
Economic freedom
25th place
Free trade zones
Austria has no foreign trade zones. It has only two customs warehouses in Vienna and Tyrol province, where products of foreign origin may be stored without paying any customs duty.