Country Sheet : Austria

Information file

Last Update on 6th March 2025

AUSTRIA

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In English - version of 6th March 2025

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 : 9,198,214 (January 2025 est.)

Crude natural change rate : -1.3‰ (2023)

Population repartition: 14.4% under 15 years old, 19.8% over 65 years old (2024)

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

Crude net migration rate: 7.2‰ (2023)

First time asylum applicants: 24,915 (2024)

Life expectancy: men 79.2 years, women 84 years (2023 est.)

Religions: Roman Catholic 73.6%, Orthodox 2.2%, Protestant 4.9%, other Catholics 0.2%, Muslim 3.5%, Alevi 0.7%, other 2.9%, none 12% (October 2024)

Source : Eurostat, Données mondiales, Statistics Austria

Economy

Currency: Euro

GDP: 481,940 million € (2024)

GDP per capita (PPS): 44,740 € (2024)

GDP growth : -1.2% (2024)

Inflation: 3.3% (February 2025)

Public debt: 81.6% of GDP (Q2 2024)

Unemployment: 8.1% (February 2025)

Stock of foreign direct investment from the entire world: 45% of GDP (2023)

Budget balance: -2.68% of GDP (2023)

Source : Eurostat, Trading Economics, OCDE, WIFO

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 the 3rd March 2025, Christian Stocker was sworn in by the Austrian President. As Chancellor, Christian Stocker leads an ÖVP-SPÖ-NEOS 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.

Political representation

Composition of the Bundesrat in February 2025:

23 seats ÖVP (People's Party)
18 seats SPÖ (Social Democratic Party)
14 seats FPÖ (Liberal Party, far-right)
5 seats without a political group: 4 GRÜNE seats (Greens) and 1 NEOS seat (New Austria and Liberal Forum)