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Austrian GDP per Capital € 35,710 in 2011

Published: July 13, 2012; 17:32 · (Vindobona)

Austrian economy 2011: growth of +2.7% despite challenging global environment. The manufacturing industry was the driving factor of the growth last year.

Austrian GDP per Capital € 35,710 in 2011 / Picture: © Vindobona.org

According to estimates by Statistics Austria the Austrian economy expanded by 2.7% in 2011. Hence, GDP increased for two years in a row (2010: 2.1% in real terms) after the most significant economic downturn since World War II in 2009 (-3.8% in real terms), despite the persistence of challenging global macroeconomic conditions. Economic growth in Austria, thus, exceeded both average…

This article includes a total of 525 words.

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