Economic Policy in Austria

The EU single market, introduction of a common currency, expansion of the European Union (EU), increasing internationalisation of the economy and rapid structural change have dominated and fundamentally changed the Austrian economic policy framework and opportunities for action in previous years.

Fiscal and structural policy are coordinated across the EU, but nevertheless remain to a great extent the responsibility of individual states. These two areas - together with European monetary policy - are critically important for ensuring growth, employment and competitiveness. 

  • General Information

    Fiscal policy concerns national budget policy measures aimed at influencing aggregate demand or individual components of this demand. read more

  • Current Economic Data - Austria

    Important Austrian economic indicators have been collected in a table for informational purposes and are updated regularly. The table contains economic development indicators (e.g. production, foreign trade, labour market, financial sector). read more

  • Austrian Stability Programme

    In line with Regulation (EC) No 1466/97, amended by Regulation (EU) No 1175/2011, euro area Member States are required to submit a Stability Programme each year, while other EU Member States must submit a Convergence Programme. read more

  • Austrian Draft Budgetary Plan

    In accordance with Article 4(2) of Regulation (EU) 473/2013, “draft budgetary plans” must be prepared each year by October 15th. These documents should contain the Central Government`s draft budget for the coming year as well as the main parameters of the draft budgets for all the other subsectors of the General Government. They must  be made public and, according to Article 6 of the said Regulation, be submitted to the European Commission and the Eurogroup. read more

  • National Reform Programme

    The Europe 2020 strategy was adopted by the European Council on 17 June 2010. Its objective is to promote employment and smart, sustainable, inclusive growth. The progress achieved by Member States must be reported in National Reform Programmes (NRP) each year. read more

  • Austrian Economic Report

    The Austrian Economic Report is coordinated by the Federal Ministry of Science, Research and Economy and prepared each year in collaboration with all of the federal ministries. It provides an overview of economic development, and the future goals and past priorities of the economic policy activities of the federal government. read more

  • Ageing Report 2018 

    Every three years long-run projections of age-related expenditure items (pensions, health care, long-term care, education and unemployment benefits) are being estimated at the EU level. This is known as the “Ageing Report” (AR). The AR 2018 was published on May 25th, 2018. read more