Austria: Facts & Stats

ECONOMY

Industry:

Industrial output has increased vastly since the beginning of World War II and contributed 33% of the GDP (including mining) in 2002. In 1946, the federal parliament nationalized basic industries. Major parts of the electric and electronics, chemical, iron and steel, and machinery industries remained state controlled until the 1990s, when the Austrian government embarked upon a privatization program. As of 2002, the steel, aluminum, and petroleum industries were majority-owned by private shareholders. Other privatizations taking place were the Austrian tobacco company, the Vienna airport company, and Telekom Austria.

Iron and steel production, greatly expanded its output after 1937. In 1992, production of crude steel reached 3,953,107 tons, while rolled steel amounted to 3,435,180. A total of 155,403 automobiles were manufactured in 2001 and 24,988 heavy trucks were produced in 2000.

The most important sectors of the textile industry are embroidery, spinning, weaving, and knitting. The value of textile production in 1992 was S 33,097 million. Some 19,241 tons of cotton yarn were produced in 1992.

The chemical industry, which was relatively unimportant before World War II, now ranks third in value of production. In 1992, it produced 182,595 tons of fertilizers, 115,050 tons of rubber and asbestos products, 105,379 tons of paints and coating compounds, 178,035 tons of soaps and scouring agents, and more than S 12 billion worth of pharmaceuticals. Petroleum refinery products (in tons) included fuel oil, 1,821,275; diesel oil, 3,242,282; gasoline, 2,458,365; and kerosene, 391,334.

Other leading industries, in terms of production value and employment, are electrical and electronic machinery and equipment, pulp and paper, ceramics, and especially foodstuffs and allied products. Austria has always been famous for its skilled craftsmen, such as glassblowers, goldsmiths, jewelers, lacemakers, potters, stonecutters, and wood-carvers.

Agriculture:

Of Austria's total area, about 17% was arable in 1998; meadows and pasturelands constituted another 24%. The best cropland is in the east, which has the most level terrain. Farms are almost exclusively family-owned. Most holdings are small or medium-sized and, in many cases, scattered. As of 1999, agriculture employed 5.3% of the labor force. In 2001, agriculture (together with forestry) contributed 2.2% to Austria's total GDP.

The use of farm machinery has been increasing steadily; 352,375 tractors were in operation in 1998, up from 78,748 in 1957. Austria today uses less land and manpower and produces more food than it did before World War II (1939–45). Better seeding and more intensive and efficient application of fertilizers have helped raise farm yields and have enhanced self-sufficiency in foodstuffs.

Agriculture is highly protected by the government; overproduction, especially evidenced by recurring grain surpluses, requires a hefty subsidy to be paid by the government in order to sell abroad at market prices. Nevertheless, the Austrian government has been able to maintain farm income, although Austria has some of the highest food costs in Europe.

Chief crops, in terms of sown area and yield, are wheat, rye, oats, barley, potatoes, and sugar beets. Austria is near self-sufficiency in wheat, oats, rye, fruits, vegetables, sugar, and a number of other items. Major crop yields in 1999 included (in tons) sugar beets, 3,000,000; barley, 1,215,000; wheat, 1,285,000; potatoes, 660,000; rye, 223,000; and oats, 150,000. Vineyards yielded 270,000 tons of grapes crushed for wine.

Research & Development:

In 2006, altogether €6.32 billion were spent in Austria on R&D in all sectors of performance. Hence, R&D expenditures increased by 20.4%, compared with reference year 2004. These are the results of Statistics Austria's surveys about the reference year 2006 among all R&D performing institutions in all economic sectors. The number of personnel engaged with R&D, which was also covered in the framework of the surveys on research and experimental development (R&D), was 49 377.1 full-time equivalents (FTEs). In comparison with the reference period 2004, this represents an increase of the number of R&D personnel by 15.1%.

In 2006, around 48.4% of the Gross Expenditures on R&D (GERD) were financed by the business enterprise sector, 32.8% by the government sector, 18.4% from abroad (including financing from the EU), and 0.4% by the private non-profit sector. Compared with 2004, the relative share of the business enterprise sector rose by 1.2 percentage points, whereas the share of financing from abroad decreased by 1.0% percentage points, as well the share of the government sector (less 0.2% percentage points) and the share of the private non-profit sector (minus 0.1% percentage points).

The decrease of the relative shares of the individual sectors is due to a strong increase of R&D expenditures financed by the business enterprise sector. Compared to 2004, R&D expenditures financed by the business enterprise sector increased by 23.5% (+€581.5 million), those by the government sector by 19.6% (+€339.1 million), those from abroad by 14.4% (+€146.7 million) and those by the private non-profit sector by 6.9% (+€1.7 million).

moving to Austrialocal movemoving to another countrylong distance movemoving a car
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1 2012 2013
Zipcode Finder
-- select state -- AlabamaAlaska ArizonaArkansas CaliforniaColorado ConnecticutDelaware District of ColumbiaFlorida GeorgiaHawaii IdahoIllinois IndianaIowa KansasKentucky LouisianaMaine MarylandMassachusetts MichiganMinnesota MississippiMissouri MontanaNebraska NevadaNew Hampshire New JerseyNew Mexico New YorkNorth Carolina North DakotaOhio OklahomaOregon PennsylvaniaRhode Island South CarolinaSouth Dakota TennesseeTexas UtahVermont VirginiaWashington West VirginiaWisconsin Wyoming AUSTRIA AFGHANISTAN ALBANIA ALGERIA AMERICAN SAMOA ANDORRA ANGOLA ANGUILLA ANTIGUA AND BARB. ARGENTINA ARMENIA ARUBA AUSTRALIA AUSTRIA AZERBAIJAN BAHAMAS BAHRAIN BANGLADESH BARBADOS BELARUS BELGIUM BELIZE BENIN BERMUDA BHUTAN BOLIVIA BOSNIA-HERZEGOVINA BOTSWANA BOUVET ISLAND BRAZIL BRITISH IN. OCEAN TER. BRITISH VIRGIN IS. BRUNEI DARUSSALAM BULGARIA BURKINA FASO BURMA BURUNDI CAMEROON CANADA CANTON AND ENDER. IS. CAPE VERDE CAYMAN ISLANDS CENTRAL AFRICAN REP. CHAD CHILE CHINA CHRISTMAS ISLAND COCOS (KEELING) IS. COLOMBIA COMOROS CONGO COOK ISLANDS COSTA RICA COTE D'IVOIRE CROATIA CUBA CYPRUS CZECH REPUBLIC DEM. KAMPUCHEA DEM. YEMEN DENMARK DJIBOUTI DOMINICA DOMINICAN REPUBLIC DRONNING MAUD ISLAND EAST TIMOR ECUADOR EGYPT EL SALVADOR ENGLAND EQUATORIAL GUINEA ESTONIA ETHIOPIA FAEROE ISLANDS FALKLAND IS.-MALVINAS FIJI FINLAND FRANCE FRENCH GUIANA FRENCH POLYNESIA FRENCH SOUTHERN TER. GABON GAMBIA GEORGIA GERMANY GHANA GIBRALTAR GREECE GREENLAND GRENADA GUADALOUPE GUAM GUATEMALA GUINEA GUINEA-BISSAU GUYANA HAITI HEARD AND MCDONALD IS. HONDURAS HONG KONG HUNGARY ICELAND INDIA INDONESIA IRAN IRAQ IRELAND ISRAEL ITALY JAMAICA JAPAN JOHNSTON ISLAND JORDAN KAZAKHSTAN KENYA KIRIBATI KUWAIT KYRGYZSTAN LAOS LATVIA LEBANON LESOTHO LIBERIA LIBYA LIECHTENSTEIN LITHUANIA LUXEMBOURG MACAU MACEDONIA MADAGASCAR MALAWI MALAYSIA MALDIVES MALI MALTA MARTINIQUE MAURITANIA MAURITIUS MEXICO MIDWAY ISLANDS MOLDOVA MONACO MONGOLIA MONTSERRAT MOROCCO MOZAMBIQUE NAMIBIA NAURU NEPAL NETHERLANDS NETHERLANDS ANTILLES NEW CALEDONIA NEW ZEALAND NICARAGUA NIGER NIGERIA NIUE NORFOLK ISLAND NORTH KOREA NORWAY OMAN PACIFIC IS. TRUST TER. PAKISTAN PANAMA PAPUA NEW GUINEA PARAGUAY PERU PHILIPPINES PITCAIRN ISLANDS POLAND PORTUGAL PUERTO RICO QATAR REUNION ROMANIA RUSSIA RWANDA SAMOA SAN MARINO SAO TOME AND PRINCIPE SAUDI ARABIA SCOTLAND SENEGAL SEYCHELLES SIERRA LEONE SINGAPORE SLOVAKIA SLOVENIA SOLOMON ISLANDS SOMALIA SOUTH AFRICA SOUTH KOREA SPAIN SRI LANKA ST. HELENA ST. KITTS-NEVIS-ANG. ST. LUCIA ST. PIERRE ET MIQUELON ST. VINCENT AND THE GREN. SUDAN SURINAME SVAL. AND JAN MAYEN IS. SWAZILAND SWEDEN SWITZERLAND SYRIA TAIWAN TAJIKISTAN TANZANIA THAILAND TOGO TOKELAU TONGA TRINIDAD AND TOBAGO TUNISIA TURKEY TURKMENISTAN TURKS AND CAICOS IS. TUVALU U.S. PACIFIC ISLANDS U.S. VIRGIN ISLANDS UGANDA UKRAINE UNITED ARAB EMIRATES UNITED KINGDOM United States of America URUGUAY UZBEKISTAN VANUATU VATICAN CITY STATE VENEZUELA VIETNAM WAKE ISLAND WALES WALLIS AND FUTUNA IS. WESTERN SAHARA YEMEN ARAB REPUBLIC YUGOSLAVIA ZAIRE ZAMBIA ZIMBABWE

You need help with:
Your move DATE is:
Moving FROM Zip:
Moving TO State:
Moving TO City: