overty line: NA%
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.)
Electricity--production: 52.15 billion kWh (1996)
Electricity--production by source:
fossil fuel: 34.4%
hydro: 65.6%
nuclear: 0%
other: 0% (1997)
Electricity--consumption: 56.1 billion kWh (1997)
Electricity--exports: 9.8 billion kWh (1997)
Electricity--imports: 9 billion kWh (1997)
Agriculture--products: grains, potatoes, sugar beets, wine, fruit;
dairy products, cattle, pigs, poultry; lumber
Exports: $62.5 billion (1998)
Exports--commodities: vehicles, machinery and equipment, paper and
paperboard, metal goods, iron and steel, telecommunication
equipment, textiles, medical and pharmaceutical products (1997)
Exports--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)
Imports--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)
Economic aid--donor: ODA, $513 million (1997); of which, bilateral
$298 million, multilateral $215 million
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
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