Economic Inequalities between Austrian Regions

BusinessEconomy ♦ Published: January 10, 2012; 12:51 ♦ (Vindobona)

Urban regions record a significantly higher income. The economic crisis caused a decline in gross regional product and disposable income in 2009.

Economic Inequalities between Austrian Regions / Picture: © Wikimedia Commons / Fabian Lackner [CC BY-SA 3.0 (]

According to Statistics Austria's latest calculations of Regional Accounts, the nominal decline of Gross regional product (GRP) ranged from -0.2% (Burgenland) to -4.7% (Carinthia) in 2009, while the Austrian average nominal decrease of GDP was -2.8%. The decline in the region Vienna, the capital of Austria, was -2.2%.

GRP per inhabitant makes it possible to compare economic power…