North America
Central & South America
Europe
Africa
Asia & Middle East
Southeast Asia & Oceania
Austria Business Report
General information
Source: The World Factbook - Central Intelligence Agency
Population
8,754,413 (July 2017 est.)GDP (PPP)
$439.6 billion (2017 est.)GDP growth rate
2.9% (2017 est.)Very healthy rate for such a developed nation, and accelerating from 2016 (1.5%)
GDP (PPP) per capita
$49,900 (2017 est.)High
Local currency
Euro (EUR)Financial stability (Public debt)
78.8% of GDP (2017 est.)High but decreasing from 2016 (84%)
Inflation
2.2%Medium, accelerating from 1% in 2016
Language
GermanEnglish is spoken as a second language
Corruption perception index (Source: Transparency International)
16/180Low level of corruption
Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT
20% standard rate Reduced rates of 13% and 10% apply to certain consumer goods
Corporate Tax
25%
Duties
EU rules apply
Whether you are looking for a European importer or you are just interested in Europe business, Globartis is the right platform for you!
We have a strong position in Europe B2B and Europe trade, especially European Union trade. If you are interested in doing business in Austria, or in finding Austrian manufacturing companies, we can help you.
Thousands of companies in Austria and Austrian SMEs use Globartis for their operations. Join our network today and find the right partner for your Austria business. Connect with an Austrian manufacturer or Austria importer, or source among Austria export to find the right product.
Join now and grow your business in Vienna, one of the best cities for European business.