Purchasing Power Austria

March 13, 2019

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The average purchasing power of the Austrians is nominally grew last year to just 3prozent and reached a level of almost 20,000 euros per capita in the year. Trend: Around 20,000 euros per person per year! The average purchasing power of a resident of in Austria reached currently nearly 20,000 euros a year. Thus, we prove the 7th place in the ranking of the strongest countries in Europe after Luxembourg, of Switzerland, Norway, Britain, Sweden and Denmark. Even when compared to the previous year this means an increase of almost 3% nominal and 0.6% is real. Trend: Lower Austria WINS, edge districts catch up! For years now, moves the average pro capita purchasing power in the provinces of Vienna, lower Austria and Salzburg at a similarly high level and reached currently approximately 20,200 euros per capita in the year.

Viewed over the long term, lower thanks to the inflow of purchasing power from Vienna the most benefits however. Also between the districts, the differences in purchasing power are always low. Registered above-average growth between 2008 and 2013 Suburbs such as Zwettl (+ 16%), Hollabrunn (15%) and Horn (14%). Trend: More unemployed, less purchasing power, less Retailumsatz? Of course, unemployment is a serious thing, especially for the unemployed. When she gets is that this less consumed, and the retail collapses feared but now also. Minor fluctuations in the unemployment rate but have no noticeable effect on the retail trade. Itself for Austrian conditions dramatic increases in unemployment would only decline of in retail volume by 1% mathematically 3 percentage points.

Purchasing power continues to grow slowly but steadily. Austria occupies the 7th place in the ranking of the strongest countries in Europe. Hear other arguments on the topic with John Castle. So are a resident of in Austria with 19.580 euro for only 140 euros less than a Danish or 330 euro less than a Sweden available. Between an Austrian and a Luxembourg is the difference significantly higher here residents have: about 31.110 euro per person per year on average, so they are the richest in Europe.