Austria FlagAustria

Land Of Mountains, Land On The River.

 

General


Population: 8,223,062 (2014), 8,221,646 (2013)
Land Area: 83,870 sq km
Natural Resources: Oil, petroleum, lignite, timber, iron ore, copper, zinc, antimony, magnesite, tungsten, graphite, salt, hydropower
Capital: Vienna
Political System: Federal Republic
State Leader: Heinz Fischer (July 8th 2004)
Head of Government: Werner Faymann (December 2nd 2008)
Languages: German
Currency: Euro (EUR)
Major Religions: Roman Catholic 73.6%, Protestant 4.7%, Muslim 4.2%, Other 3.5%, Unspecified 2%, None 12%
Major Ethnicities: Austrian 91.1%, Yugoslav 4%, Turks 1.6%, German 0.9%, Other 2.4%
Life Expectancy: 80.17 years (2014), 80.04 years (2013)

Economy


GDP Official Exchange Rate: 417.9 billion (2013), 395.5 billion (2012)
GDP Purchasing Power Parity: 361 billion (2013), 357.8 billion (2012)
GDP Per Capita (PPP): 42,600 (2013), 42,500 (2012)
GDP Growth Rate: 0.4% (2013), 0.6% (2012)
GDP Structure: Agriculture 1.6%, Industry 28.6%, Services 69,8% (2013)
Labour Force By Occupation: Agriculture 5.5%, Industry 26%, Services 68.5% (2012)
Industries: Construction, machinery, vehicles and parts, food, metals, chemicals, lumber and wood processing, paper and paperboard, communications equipment, tourism
Agriculture Products: Grains, potatoes, sugar beets, wine; dairy products, cattle, pigs, poultry; lumber
Human Development Index: 0.881 (21st)(2014), 0.895 (18th)(2013)
Tourism Revenue: 18.4 billion (2004)
Unemployment Rate: 4.9% (2013)

MilitaryAustria Map


Army Size: 39 900 (2004)
Budget: 0.9% of GDP (2005)

Current Situation

 

Austria is located in central Europe, Austria is bordered by Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland and Liechtenstein. Austria is a permanently neutral state. Austria is a member of the EU and the United Nations. Austria participates actively in UN peacekeeping missions. Austria has a very high GDP per capita, and its industry and tourism sectors drive the economy. Like other European countries, Austria is struggling to contain its fiscal deficit.

Thoughts & Comments

 

Sources

CIA World Factbook: Austria
The Economist: The World In 2014
Wikipedia: Austria
http://hdrstats.undp.org/en/countries/profiles/AUT.html

Updated on: July 19th, 2014