Attribute | Value |
---|---|
Geography | |
Area | 83,871 km² |
Continent | Europe |
Land area | 82,445 km² |
Water area | 1,426 km² |
Land boundaries | 2,524 km |
Border countries |
|
Coastline | 0 km |
Mean elevation | 910 m |
Lowest point | 115 m |
Highest point | 3,798 m |
People | |
Population | 8,859,449 |
Official languages |
|
Religion | Catholic |
Government | |
Long country name | Republic of Austria |
Short country name | Austria |
Long local name | Republik Oesterreich |
Short local name | Oesterreich |
Former name | Add |
Government type | Federal parliamentary republic |
Capital | Vienna |
Economy | |
GDP (PPP) | 441,000,000,000 USD |
GDP (OER) | 417,400,000,000 USD |
GDP (real growth rate) | 3 % |
GDP - per capita (PPP) | 50,000 USD |
Gross national saving | 27 % of GDP |
Labor force | 4,260,000 |
Unemployment rate | 5.5 % |
Population below poverty line | 3 % |
Budget revenues | 201,700,000,000 USD |
Budget expenditures | 204,600,000,000 USD |
Military expenditures | 0.74 % of GDP |
Taxes and other revenues | 48.3 % of GDP |
Budget surplus or deficit | -0.7 % of GDP |
Public debt | 78.6 % of GDP |
Inflation rate | 2.2 % |
Central bank discount rate | 0 % |
Commercial bank prime lending rate | 1.57 % |
Stock of narrow money | 271,400,000,000 USD |
Stock of broad money | 271,400,000,000 USD |
Stock of domestic credit | 555,400,000,000 USD |
Market value of publicly traded shares | 96,080,000,000 USD |
Current account balance | 7,859,000,000 USD |
Exports | 156,700,000,000 USD |
Imports | 158,100,000,000 USD |
Reserves of foreign exchange and gold | 21,570,000,000 USD |
External debt | 630,800,000,000 USD |
National currency | euros |
National currency (code) | EUR |
National currency (symbol) | € |
National currency rate to USD | 0.885 |
Once the center of power for the large Austro-Hungarian Empire, Austria was reduced to a small republic after its defeat in World War I. Following annexation by Nazi Germany in 1938 and subsequent occupation by the victorious Allies in 1945, Austria's status remained unclear for a decade. A State Treaty signed in 1955 ended the occupation, recognized Austria's independence, and forbade unification with Germany. A constitutional law that same year declared the country's "perpetual neutrality" as a condition for Soviet military withdrawal. The Soviet Union's collapse in 1991 and Austria's entry into the EU in 1995 have altered the meaning of this neutrality. A prosperous, democratic country, Austria entered the EU Economic and Monetary Union in 1999.