Austria Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $64.21 billion (1984), $8,500 per capita; 57% private consumption, 22% investment, 19% public consumption; 1984 real GNP growth rate, 2.2%

Natural resources: iron ore, petroleum, timber, magnesite aluminum, coal, lignite, cement, copper

Agriculture: livestock forest products, cereals, potatoes, sugar beets; 84% self-sufficient

Major industries: foods, iron and steel, machinery, textiles, chemicals, electrical, paper and pulp

Crude steel: 5.3 million metric tons produced (1984)

Electric pou er. 14,711.000 kW capacity (1985); 4 5 11 billion kWh produced (1985), 5,983 kWh per capita

Exports: $15.72 billion (f.o.b., 1984); iron and steel products, machinery and

equipment lumber, textiles, paper products, chemicals

Imports- $19.59 billion (c.i.f., 1984), machinery and equipment, chemicals, textiles and clothing, petroleum, foodstuffs, vehicles, office machines, pharmaceuticals

Major trade partners: (1984) imports— 39.9% FRG, 8.6% Italy, 6.6% East Europe (excluding USSR), 5.0% USSR 4 4% Switzerland, 3.5% US, exports—29.6% FRG, 9 4% Italy, 7.6% East Europe (excluding USSR), 6.9% Switzerland, 6.4% OPEC, 4.1% US

Aid: donor—ODA and OOF economic aid commitments (1970-83), $1.3 billion

Budget: expenditures, $23.2 billion; revenues, $18.5 billion; deficit. $4 7 billion (1985)

Monetary conversion rate: 20.01 schillings=US$l (1984 average); 22.28 schillings=US$l (first half 1985)

Fiscal year: calendar year

NOTE: The information regarding Austria on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Austria 1986 information contained here. All suggestions for corrections of any errors about Austria 1986 should be addressed to the CIA or the source cited on each page.