Country Sheet : Austria

Information file

Last Update on 9th July 2024

AUSTRIA

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In English - version of 9th July 2024

Geography

Area : 83,870 km²

Borders : 2,562 km (Czech Republic: 362 km, Germany: 784 km, Hungary: 366 km, Italy: 430 km, Liechtenstein: 34 km, Slovakia: 91 km, Slovenia: 330 km, Switzerland: 164 km)

Capital : Vienna

Official language : German

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Population

Population : 9,104,772 inhabitants (2023 est.)

Crude natural change rate : -1.2 ‰ (2023 est.)

Population repartition: 14.1% under 15 years old, 20.8% over 65 years old (2023)

Foreign residents: EU nationals 9%, non-EU nationals 8% (2021)

Crude net migration rate: 3.5‰ (2023 est.)

First time asylum applicants: 112,245 (2022)

Life expectancy: men 79.9 years, women 85.2 years (2023 est.)

Religions: Catholic 55%, Orthodox 4.9%, Muslim 8.3%, Evangelical Christian 3.8%, other / none / not specified 27.8% (2022)

Ethnic groups: Austrian 80.8%, German 2.6%, Bosnian and Herzegovinian 1.9%, Turkish 1.8%, Serbian 1.6%, Romanian 1.3%, other 10% (2018 est.)

Source : Eurostat, The World Factbook

Economy

Currency: Euro

GDP: 477 250 million € (2023)

GDP per capita (PPS): 37,460 € (2022)

GDP growth : -0.8% (2023)

Inflation: 3.3% (2023)

Public debt: 78.4% (December 2022)

Unemployment: 5% (February 2024)

Budget balance: -4.6% of GDP (December 2022)

Source : Eurostat, Trading Economics

Political system

Federal republic, parliamentary democracy

Head of State: Alexander Van der Bellen (Greens) was re-elected in the first round of the election on 9th October 2022 with 56.7% of the votes for an additional six-year term. He took office for his second term on 26 January 2023.

Head of Government: On 6th December 2021, Karl Nehammer was sworn in by the Austrian President as Chancellor, following the resignation of Alexander Schallenberg. Karl Nehammer, until then Minister of the Interior, leads an ÖVP-Green coalition.

Bicameral parliamentary regime: the Bundesrat (Senate), whose 60 members are elected through provincial diets; the Nationalrat (Chamber of deputies), whose 183 members are elected by direct universal suffrage for a period of five years.