Purchasing power parity—$184.5 billion (1998 est.)

Real growth rate: 2.9% (1998 est.)

Per capita: purchasing power parity—$22,700 (1998 est.)

Inflation rate (consumer prices): 0.9% (1998)

Labor force: 3.7 million (1998)

Labor force by occupation: services 67.7%, industry and crafts 29%, agriculture and forestry 0.7% (salaried employees, 1997 est.)

Unemployment rate: 7% (1999 est.)

Budget:
revenues: $50.4 billion
expenditures: $55.9 billion, including capital expenditures of $NA (1998 est.)

Industries: construction, machinery, vehicles and parts, food, chemicals, lumber and wood processing, paper and paperboard, communications equipment, tourism (1997)

Industrial production growth rate: 4% (1998 est.)

Agriculture products: grains, potatoes, sugar beets, wine, fruit; dairy products, cattle, pigs, poultry; lumber

Exports: $62.5 billion (1998)

Export commodities: vehicles, machinery and equipment, paper and paperboard, metal goods, iron and steel, telecommunication equipment, textiles, medical and pharmaceutical products (1997)

Export partners: EU 62% (Germany 35.1%, Italy 8.3%), Central and Eastern Europe 17.6% (Hungary 4.9%), Japan 1.3%, US 3.7% (1997)

Imports: $65.8 billion (1998)

Import commodities: vehicles, machinery and equipment, apparel, metal goods, oil and oil products, office and data-processing machinery, medical and pharmaceutical products, telecommunication equipment, textiles (1997)

Imports partners: EU 68.9% (Germany 41.7%, Italy 8%), Central and Eastern Europe 11% (Hungary 3.1%), Asia 7.1% (Japan 2.2%), US 5.4% (1997)

Debt external: $24.33 billion (1997)

Currency: 1 Austrian schilling (AS) = 100 groschen

Exchange rates: Austrian schillings (AS) per US$1—11.86 (January 1999), 12.379 (1998), 12.204 (1997), 10.587 (1996), 10.081 (1995), 11.422 (1994)
note: on 9 January 1999, the European Union introduced a common currency that is now being used by financial institutions in some member countries at the rate of 0.8597 euros per US$ and a fixed rate of 13.7603 Austrian shillings per euro; the euro will replace the local currency in consenting countries for all transactions in 2002