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| Government Type |
federal republic |
| Legal System |
civil law system with Roman law origin; judicial review of legislative acts by the Constitutional Court; separate administrative and civil/penal supreme courts; accepts compulsory ICJ jurisdiction |
| Currency |
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by the financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries |
| Economic Overview |
Austria, with its well-developed market economy and high standard of living, is closely tied to other EU economies, especially Germany's. Membership in the EU has drawn an influx of foreign investors attracted by Austria's access to the single European market and proximity to EU aspirant economies. Slowing growth in Germany and elsewhere in the world held the economy to only 1.2% growth in 2001 and 0.6% in 2002. To meet increased competition from both EU and Central European countries, Austria will need to emphasize knowledge-based sectors of the economy, continue to deregulate the service sector, and lower its tax burden. |
| Natural Resources |
iron ore, oil, timber, magnesite, lead, coal, lignite, copper, hydropower |
| Primary Industries |
construction, machinery, vehicles and parts, food, chemicals, lumber and wood processing, paper and paperboard, communications equipment, tourism |
| Agricultural Products |
grains, potatoes, sugar beets, wine, fruit; dairy products, cattle, pigs, poultry; lumber |
| Import Commodities |
machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products; foodstuffs |
| Export Commodities |
machinery and equipment, motor vehicles and parts, paper and paperboard, metal goods, chemicals, iron and steel; textiles, foodstuffs |
| Export Partners |
EU 63% (Germany 35%, Italy 9%, France 5%), Switzerland 5%, US 5%, Hungary 4% (2000) |
| AIRPORTS of Austria |
| Graz Airport |
International, Graz 12km (7miles), Position 46°59´35"N, 015°26´20"E, Elevation 344m (1,128ft),6 Aircraft Stands |
Detals |
| Innsbruck Airport |
International, Innsbruck 5km (3miles), Position 47°15´39"N, 011°20´40"E, Elevation 579m (1,899ft),9 Aircraft Stands |
Detals |
| Klagenfurt Airport |
International, Klagenfurt 2km (1mile), Position 46°38´34"N, 014°10´16"E, Elevation 449m (1,473ft),10 Aircraft Stands |
Detals |
| Linz - Blue Danube Airport |
Linz 15km (9miles),18 Aircraft Stands |
Detals |
| Salzburg Airport - W A Mozart |
Salzburg 3km (1mile) |
Detals |
| Vienna International Airport |
International, Vienna 16km (9miles), Position 48°06´39"N, 016°34´15"E, Elevation 183m (600ft),84 Aircraft Stands |
Detals |
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