austria economy facts


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  • What is Austria known for economically?

    Austria is a highly developed industrialized country with an important service sector.
    The most important industries are food and luxury commodities, mechanical engineering and steel construction, chemicals, and vehicle manufacturing.

  • Does Austria have a stable economy?

    The most recent economic sentiment indicators remain stable but are substantially below their long-term average.
    The economic recovery is projected to be gradual, with growth increasing slightly in 2024 and picking up more strongly in 2025.15 fév. 2024

  • In 2022, Austria's economic output will grow by 4.7 percent.
    In 2023, GDP is ex- pected to largely stagnate (+0.3 percent), while in 2024 growth will increase to 1.8 percent.

  • Is Austrian economy good?

    The economy of Austria is a highly developed social market economy, with the country being one of the fourteen richest in the world in terms of GDP (gross domestic product) per capita.
    Until the 1980s, many of Austria's largest industry firms were nationalised.

  • The economy of Austria is a highly developed social market economy, with the country being one of the fourteen richest in the world in terms of GDP (gross  History · Currency · Agriculture, industry and services · Mergers and acquisitionsAutres questions
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