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Austria is a landlocked country located in Central Europe, bordering European countries such as Hungary, Slovakia, Germany, Slovenia, and Italy. Like the entire continent, the Austrian economy was greatly affected by the global financial crisis that began in 2008-2009. The Austrian economy grew moderately in 2011, and the country achieved good growth due to its economic reforms, currency appreciation, and huge inflow of Foreign Direct Investment (FDI). The Austrian economy is expected to reach $427 billion by 2018 with a good growth over the next five years.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on this country and presents its findings in “PESTLE Analysis of Austria 2013.” This study provides a concise overview of the economy as well as potential growth opportunities in Austria.

The service and manufacturing sectors are the main contributors to Austria’s GDP. The economy is expected to slow down somewhat in 2013, which can be attributed to the manufacturing industry and the agricultural sector. Labor wages in Austria are also high affecting labor-intensive industries and the flow of FDI into the country.

Lucintel's study discusses the major drivers of the Austrian economy. High per capita income is a key component of Austria’s economy. This higher per capita income is leading the strong domestic demand especially for consumer durable goods, finance, and insurance, food, and accommodation services. The service sector is also another key driver and contributed 69% of GDP in 2012. Industries such as business services, financial, insurance, and accommodation also are driving growth.

The report provides an analysis of the political, economic, social, technological, legal, and environmental conditions of Austria. The study includes an analysis of the macro economy of the country, its political scenario, and the social, technological, and environmental influencers of the Austrian economy. Lucintel has performed a SWOT analysis of Austria and it is included in the report as well. The narrative also provides the knowledge on leading industries, the

emerging trends in the country, and the market entry strategy for doing business in Austria.

This unique report from Lucintel will provide you with valuable information, insights and to

ols needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of this report:

  • Trend and forecast for key macroeconomic variables that are useful to make major investment decision.
  • Analysis on economic activity, Government debt, investment environment, and trade structure of the country
  • Major industries in Austria and its contribution to GPD
  • Trends in savings, investments and consumptions
  • Analysis of Political, Economic, Social, Technological, Legal and Environmental scenario as well as its impact on the different industries.
  • Analyses on geographical importance and social structure such as labor quality
  • Strength, Weakness, Opportunity and Threat (SWOT) analysis of Austria
  • More than 17 figures/charts and 12 tables are provided in this roughly 60 page report.
Benefits of a Lucintel Report:
Lucintel’s core competency is in market research and management consulting. In last 14 years, Lucintel has worked on hundreds of market & economic research studies. Lucintel’s market reports offer the following benefits:
  • Enhance your global growth strategy with key economic and potential industry analysis.
  • Fine tune your business expansion planning and market development with analysis of domestic demand analysis and demographics structure analysis.
  • Explore business opportunities with the analysis of leading industry, potential sector analysis and by understanding Strength,  weakness, opportunity, and Threat  of the country
  • Enhance your risk management using the report's economic and business risk analysis chapter
  • Know the business environment of the country using report’s PESTLE analysis and their impact on industry. Also included is foreign Direct Investment and Trade structure analysis.
 1. Executive Summary  

 2. Austria's Political Analysis  
 2.1. Structure and Stability of Government  
 2.2. Government Policy Agenda  
 2.1.1. Political Agenda  

 3. Austria's Economic Analysis  
 3.1. GDP Growth Rate and Sectoral Contribution to GDP  
 3.2. Pricing Trends-Inflation and Interest Rates  
 3.3. Consumption, Saving, and Investment Trends  
 3.4. International Trade and Its Contribution to GDP  
 3.5. Foreign Direct Investment (FDI) by Industry  

 4. Austria's Social Analysis  
 4.1. Social and Demographic Analysis  
 4.2. Labor Market  
 4.3. Social Development Index  

 5. Austria's R&D and Technological Factors  
 5.1. R&D Expenditure in Austria  
 5.2. Impact of Technology in Industry  
 5.3. Technology Policy  

 6. Austria's Legal Analysis  
 6.1. Corporate Law  
 6.2. Tax Law  
 6.3. Recent Economic Policies  
 6.4. Doing Business in Austria 2012  

 7. Austria's Environmental Analysis  
 7.1. Government's Action against Environmental Issues  
 7.2. Environmental Policy  

 8. SWOT Analysis of Austria  

List of Figures  
List of Tables  
Abbreviation and Technical Units  
About Us

List of Figures

Chapter 3. Austria’s Economic Analysis
Figure 3.1: Global economic scenarios
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Forecast of real GDP growth rate
Figure 3.4: Quarterly trend of index of industrial production and GDP growth rate
Figure 3.5: Annual trend of index of industrial production and GDP growth rate
Figure 3.6: Trend of per capita income
Figure 3.7: GDP sectoral contribution
Figure 3.8: Share of different sectors to GDP
Figure 3.9: Trend of leading industry of Austria
Figure 3.10: Quarterly trend of inflation and interest rates
Figure 3.11: Australia trend of inflation and interest rates
Figure 3.12: Trend of savings and investments as percentage of GDP
Figure 3.13: Trend of consumption expenditure as percentage of GDP
Figure 3.14: Austria’s international trade structure
Figure 3.15: Exports and imports as percentage of GDP
Figure 3.16: FDI by industry

Chapter 4 Austria’s Social Analysis
Figure 4.1: Political map of Austria
Figure 4.2: Trend of population in Austria
Figure 4.3: Population age structure
Figure 4.4: Trend of unemployment rate in Austria

Chapter 5 Austria R&D and Technological Factor
Figure 5.1: Trend of R&D expenditure in Austria

List of Tables

Chapter 1. Executive Summary
Table 1.1: Factors affecting business in Austria

Chapter 2. Austria’s Political Analysis
Table 2.1: Political factors and its impact on business
Chapter 3. Austria’s Economic Analysis
Table 3.1: Economic factors and its impact on business

Chapter 4 Austria’s Social Analysis
Table 4.1: Population age structure of Austria
Table 4.2: Corruption, GINI, Homicide and Human Development Index
Table 4.3: Social factors and its impact on business

Chapter 5. Austria’s R&D and Technological factor
Table 5.1: Technological factors and its impact on business

Chapter 6. Austria’s Legal Analysis
Table 6.1: Tax rates in Austria, 2012
Table 6.2: Indicators for Starting Business
Table 6.3: Ranking for Procedures of Starting Business
Table 6.4: Legal factors and its impact on business

Chapter 7. Austria’s Environment Analysis
Table 7.1: Environmental factors and its impact on business

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More than 48 valuable figures/charts and 12 tables are provided in this report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.