German, Turkish 2.3, Serbian 2.2, Croatian, other, official in southern Carinthia, and Hungarian, official in Burgenland) 5.3
Economic Overview
Key economic indicators for Austria
GDP:
$593.703 billion
GDP per Capita:
$65,000
GDP Growth:
-0.95%
Inflation:
7.81%
Unemployment:
5.24%
Public Debt:
74.92% of GDP
Credit Rating:
AA+ (2012)
Political System
Governance structure of Austria
Government Type:
federal parliamentary republic
Head of State:
President Alexander VAN DER BELLEN (since 26 January 2017)
Head of Government:
Chancellor Christian STOCKER (since 3 March 2025)
Judiciary:
Supreme Court of Justice or Oberster Gerichtshof (consists of 85 judges organized into 17 senates or panels of 5 judges each); Constitutional Court or Verfassungsgerichtshof (consists of 20 judges including 6 substitutes; Administrative Court or Verwaltungsgerichtshof - 2 judges plus other members depending on the importance of the case)