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Doing business in Austria is attractive because the country offers a stable economy, a strong legal system, and a strategic location in the heart of Europe. Austria serves as an important gateway to Central and Eastern Europe, with excellent transport and logistics infrastructure connecting Western Europe, the Balkans, and beyond. The business environment is reliable and transparent, with competitive corporate taxes, investment incentives, and strong protection for investors. Companies benefit from a highly skilled, multilingual workforce and a strong education and training system, especially in engineering, technology, and manufacturing. Austria is also known for its innovation, research, and sustainability initiatives, making it appealing for technology, green energy, and industrial companies. In addition, the high quality of life, especially in cities like Vienna, helps attract international talent and executives, making Austria a strong base for regional headquarters and international operations.




Indicateurs clés

Surface
83,871 km2
Population
8,967,982 (2024 est.)
Type de gouvernement
federal parliamentary republic
Langues
German (official nationwide) 88.6%, Turkish 2.3%, Serbian 2.2%, Croatian (official in Burgenland) 1.6%, other (includes Slovene, official in southern Carinthia, and Hungarian, official in Burgenland) 5.3% (2001 est.)
PIB
$593.701 billion (2022 est.)
Taux de croissance
2.1% (2025 est.)
HDI
18
Capitale
Vienna

Indicateurs macroéconomiques

The economy is projected to recover progressively, growing by 0.3% in 2025, 0.9% in 2026 and 1.2% in 2027. Household consumption will pick up in 2026 and 2027, supported by declining inflation, a resilient labour market and lower savings. Investment will rise, driven by lower interest rates and capital replacement needs. Inflation is expected to approach 2% by end-2027. Ongoing fiscal consolidation will weigh modestly on demand, while slower European activity and further tariff shocks could restrain the recovery. 

The budget deficit is set to fall gradually. Targeted public investment, despite a tighter fiscal stance, and reforms to boost business dynamism would enhance resilience. Energy policies to reduce high prices would help restore the competitiveness of energy-intensive industries. Accelerating digitalisation by expanding broadband, easing infrastructure regulations and introducing incentives for innovation would further support medium-term growth. Removing unnecessary or duplicative reporting requirements for firms, streamlining procedures, and full digitalisation of permit applications would further reduce red tape and support business dynamism. 

 

IMF Statistics

Subject descriptor 2023 2024 2025 2026 2027

All Items, Consumer price index (CPI), Period average, percent change

Percent

(Units)

7.712

2.918

3.562

2.328

2.169

Current account balance (credit less debit), Percent of GDP

Percent

(Units)

1.341

2.409

1.793

2.157

2.225

Current account balance (credit less debit), US dollar

US dollar

(Billions)

6.863

12.622

10.157

13.033

13.922

Exports of goods and services, Volume, Free on board (FOB), Percent change

Percent

(Units)

-0.422

-3.46

0.084

1.268

2.502

Gross domestic product (GDP), Constant prices, Percent change

Percent

(Units)

-0.955

-0.989

0.27

0.764

1.56

Gross domestic product (GDP), Current prices, Per capita, US dollar

US dollar

(Units)

56215.892

57207.888

61694.026

65640.479

67804.654

Gross domestic product (GDP), Current prices, US dollar

US dollar

(Billions)

511.833

523.956

566.456

604.198

625.678

Imports of goods and services, Volume, Cost insurance freight (CIF), Percent change

Percent

(Units)

-4.596

-3.34

0.213

1.651

2.37

Unemployment rate

5.1

5.175

5.681

5.554

5.484

Estimates

Source: IMF Statistics - Austria


Le Luxembourg et le pays

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

 


Informations supplémentaires

Foreign Trade

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 https://statistiques.public.lu/fr.html.

 

Contact points in Austria

Embassy of the Grand Duchy of Luxembourg in Austria

Ambassador with Residency in Vienna: Mr Jean GRAFF

Sternwartestrasse, 81
A-1180 Vienna
Austria

Tel.: (+43 -1) 478-2142
Fax: (+43-1) 478-2144
E-Mail: vienne.amb@mae.etat.lu
Website: vienne.mae.lu

Honorary Consuls

Honorary Consul with jurisdiction over the State of Salzburg: Ms Suzanne HARF

Thumerggerstrasse, 26D
A-5020 Salzburg
Austria

Tel.: (+43) 660 564 5604 
E-mail: salzburg@consul-hon.lu 

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

Wilhelm-Greil-Straße 5
A-6020 Innsbruck
Austria

Tel.: (+43) 699  818 479 69 ; (+43) 681 205 866 88
E-Mail: innsbruck@consul-hon.lu 

Univ.-Prof. Dr. Florian Bieber 
Consul honoraire avec juridiction sur le Land de Styrie 

c/o Universität Graz 
Zentrum für Südosteuropastudien (CSEES) 
Schubertstrasse 21, 8010 Graz 

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 Austriahttps://www.oecd.org/content/dam/oecd/en/topics/policy-sub-issues/country-risk-classification/cre-crc-current-english.pdf

Other Useful Links:
-Invest in Austria (Austrian Business Agency)  
-Doing Business & Company Formation (Invest in Austria)  
-Starting a Business in Austria – English Information (WKO)  
-Why Austria (ABA)  
-Why Expand to Austria – Business Overview