Austria officially the Republic of Austria is a federal republic and a landlocked country of over 8.66 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Hungary and Slovakia to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The territory of Austria covers 83,879 square kilometres (32,386 sq mi). The terrain is highly mountainous, lying within the Alps; only 32% of the country is below 500 metres (1,640 ft), and its highest point is 3,798 metres (12,461 ft). The majority of the population speak local Bavarian dialects of German language as their native language, and Austrian German in its standard form is the country’s official language. Other local official languages are Hungarian, Burgenland Croatian, and Slovene.
Austria is the 12th richest country in the world in terms of GDP (Gross domestic productCommonly abbreviated to GDP, Gross Domestic Product is a ver...) per capitalThe net worth of a business, including assets, cash, propert.... Tourism accounts for almost 9% of the Austrian gross domestic productCommonly abbreviated to GDP, Gross Domestic Product is a ver.... In 2007, Austria ranked 9th worldwide in international tourism receipts, with 18.9 billion US$. In international tourist arrivals, Austria ranked 12th with 20.8 million tourists.
Germany has historically been the main trading partner of Austria, making it vulnerable to rapid changes in the German economyThe management of money, currency and trade of a nation. The.... Since Austria became a member state of the European UnionEU. Previously called the European Community. An internation..., it has gained closer ties to other EU economies, reducing its economic dependence on Germany
Important Details
- Country ISO3:AUT
- Country Code:40
- Income Group:Europe & Central Asia
- Lending Category:High income
- Region:…
- Currency Unit:Euro (formerly schilling)
- WTO Member:YES
- TradeThe buying and selling or exchange of goods and services. Th... organisations:WTO, OECD and EU
- world rank:28
- Regional Ranking:15th in Europe