Indicators of economy in Austria

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Austria reached 48.105 US dollars per inhabitant, or 428.97 bn US Dollar in the whole country. Austria is therefore currently ranked 26 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Austria is in the list of the world's richest countries in place 13.

Inflation in Austria was in 2020 at around 1.38%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices of daily necessities are approximately 6.37% higher.
The Corruption Perceptions Index for the public sector counts 76 and is compared to other countries good.


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