Austria
Handelskammer - Land Infoblatt Letztes Update: 12.07.2018

Ihre Berater bei der Handelskammer

  • Steven Koener
    +352423939379
  • Violaine Mathurin
    +352423939481
Kontaktieren Sie uns: europe@cc.lu

Kennzahlen

Bereich
83,871 km2
Bevölkerung
8,754,413 (July 2017 est.)
Regierungsform
federal republic
Sprachen
German (official nationwide) 88.6%, Turkish 2.3%, Serbian 2.2%, Croatian (official in Burgenland) 1.6%, other (includes Slovene, official in South Carinthia, and Hungarian, official in Burgenland) 5.3% (2001 est.)
BIP
$434.1 billion (2017 est.)
Wachstumsrate
2.3% (2017 est.)
HDI
24
Hauptstadt
Vienna

 

Einführung

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.

Source: The CIA World Factbook - Austria

 

Makroökonomische Indikatoren

Economic activity is set to remain buoyant through 2018 and, to a lesser extent, 2019, boosted by strong rebounds in investment and exports. Solid job creation and dynamic wages underpin private consumption. Inflation remains higher than in other euro area countries, mainly driven by prices in sectors that are little exposed to international merchandise trade.

The public deficit is declining albeit less than strong growth would imply. An improvement of public spending efficiency would free up funds for the extension of full-day schooling and childcare in rural areas, the upgrading of digital infrastructure and investments in life-long learning programmes. A more equity-capital-friendly business environment and further improvements in digital infrastructure would benefit both businesses and households.

Source: OECD - Economic Forecast

 

IMF Statistics

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
0.3530.8621.3541.1801.240
Gross domestic product, current prices
U.S. dollars (Billions)
437.582374.261387.299401.138414.848
Gross domestic product per capita, current prices
U.S. dollars (Units)
51,215.49643,413.63344,561.31045,798.94047,021.345
Inflation, average consumer prices
Percent change
1.4670.8090.8741.5451.754
Volume of imports of goods and services
Percent change
1.3351.8522.8201.6423.438
Volume of exports of goods and services
Percent change
2.1111.6442.6321.3293.262
Unemployment rate
Percent of total labor force
5.6255.7336.1636.3506.250
Current account balance
U.S. dollars (Billions)
8.4789.58310.19410.67010.601
Current account balance
Percent of GDP
1.9372.5602.6322.6602.555
Colored cells are estimates

Source: IMF Statistics - Austria

 

Luxemburg und das Land

Existing conventions and agreements

Non double taxation agreement 

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 18.10.1962 (Memorial 1963, A no.46, p.734 et p.962)
  • Effective as of 01.01.1961 (Memorial 1963, A no.46, p.734 et p.962)
  • Avenant from 21.5.1992 (Memorial 1993, A no.52, p.1033)
  • Effective as of 01.01.1995 (Memorial 1993, A no.52, p.1033)
  • Avenant from 07.07.2009 (Memorial 2010, A no.51, p.906)
  • Effective as of 01.01.2011 (Memorial 2010, A no.51, p.906)
  • Exchange of letters from 27.12.2016 (Memorial 2016, A no.270, p.4947)
  • Effective as of 01.01.2011 (Memorial 2016, A no.270, p.4947)

Air Services agreement

  • Agreement from 13.10.1952 (Memorial 1953, A, p. 735 )
  • Effective as of 09.01.1953 (Memorial 1953, A, p. 1184)
  • Exchange of Notes from 16.03.1956
  • Effective as of the same date

Source: Administration des contributions directes

 

 

 

Weitere Informationen

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

 

Contact points in Austria

Embassy of the Grand Duchy of Luxembourg in Austria

Ambassador Mr Marc UNGEHEUER

Sternwartestrasse, 81
A-1180 Vienna
Tel : (+43 -1) 478-2142
Fax : (+43-1) 478-2144
E-mail : vienne.amb(at)mae.etat.lu
Source: vienne.mae.lu

Honorary Consuls

Honorary Consul with jurisdiction over the States Steiermark: Mr Klaus SCHEITEGEL

Grazer Wechselseitige Versicherung AG
Herrengasse, 18-20
A-8010 Graz
Tel: (+43) 316 8037 6558
Fax: (+43) 316 8037 96558
E-mail: hk.luxemburg(at)grawe.at

Honorary Consul with jurisdiction over the States Tyrol and Vorarlberg : Dr Armand HAUSMANN

Medical University of Innsbruck
Department of Psychiatry and Psychotherapy
Anichstrasse 35,
A-6020 Innsbruck

Secretariat: Gerald KONEGGER
Tel: +43 512 504 8162 0
Fax: +43 512 504 2542 4
E-mail: luxemburgisches.honorarkonsulat(at)gmail.com / armand.hausmann(at)i-med.ac.at

Honorary Consul with jurisdiction over the States Salzburg: Mrs Suzanne HARF

Thumerggerstrasse 26D
A-5020 Salzburg
Tel: +43 660 564 5604
E-mail: lux-konsulat@harf.eu.com 

Source: Ministry of Foreign Affairs of Luxembourg

 

Economic and Commercial Attaché in charge of Austria 

Economic and Commercial Attaché (FIT): Mr Paul VANOVERLOOP

Wirtschafts- und Handelsvertretung Flandern
Elisabethstraße 16 / Stg. 1 / 1
A - 1010 Wien
Österreich
Tel: +43 1 596 09 70
E-mail: vienna(at)fitagency.com

Source: FIT

 

Country risk as defined by Office du Ducroire for Austria

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link: Ducroire Office - Country Risk for Austria

Other Useful Links:

 

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