The rank of Austria from the poorest is 170 and from the richest is 16 with gdp per capita using atlas method in 2003 being 26,720 $. In other measurement using nominal method in 2007, 2007, and 2008
IMF........................................WB..........................................CIA
rank/measure........................rank/measure...........................rank/measure
13/44,852.........................11/45,343..................................14/45,599
Austria is one of the 12 richest countries in the world in terms of GDP (Gross domestic product) per capita, has a well-developed social market economy, and a high standard of living. Until the 1980s, many of Austria's largest industry firms were nationalised; in recent years, however, privatisationhas reduced state holdings to a level comparable to other European economies. Labour movements are particularly strong in Austria and have large influence on labour politics. Next to a highly-developed industry, international tourism is the most important part of the national economy.
IMF........................................WB..........................................CIA
rank/measure........................rank/measure...........................rank/measure
13/44,852.........................11/45,343..................................14/45,599
Austria is one of the 12 richest countries in the world in terms of GDP (Gross domestic product) per capita, has a well-developed social market economy, and a high standard of living. Until the 1980s, many of Austria's largest industry firms were nationalised; in recent years, however, privatisationhas reduced state holdings to a level comparable to other European economies. Labour movements are particularly strong in Austria and have large influence on labour politics. Next to a highly-developed industry, international tourism is the most important part of the national economy.
Germany has historically been the main trading partner of Austria, making it vulnerable to rapid changes in the German economy. However, since Austria became a member state of the European Union it has gained closer ties to other European Union economies, reducing its economic dependence on Germany. In addition, membership in the EU has drawn an influx of foreign investors attracted by Austria's access to the single European market and proximity to the aspiring economies of the European Union. Growth in GDP accelerated in recent years and reached 3.3% in 2006.
In 2004 Austria was the fourth richest country within the European Union, having a GDP (PPP) per capita of approximately € 27'666, with Luxembourg, Ireland, and Netherlands leading the list.[6]
Vienna was ranked the fifth richest NUTS-2 region within Europe (see Economy of Europe) with GDP reaching € 38'632 per capita, just behind Inner London, Luxembourg, Brussels-Capital Region andHamburg.
Growth has been steady in recent years 2002-2006 pendling between 1 and 3.3 %.
