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Life Quality: Austria in the Upper Middle Field

Published: May 22, 2012; 15:40 · (Vindobona)

Austria´s position in the “Better Life Index” is in the upper middle field. The work-life balance and the education are seen as weaknesses.

Life Quality: Austria in the Upper Middle Field / Picture: © FACC

According to OECD´s “Better Life Index”, Austria ranks 16th. As a result, Austria lost two ranks against 2011. Germany reached rank number 17. The ranking is led by Australia, followed by Norway and the U.S. OECD explains that the best countries are at close quarters. In addition, the best group consists of Sweden, Denmark, Canada, Switzerland and the Netherlands. New Zealand, Luxembourg, Finland, the U.K., Iceland, Belgium and Ireland are in the second group. Austria and Germany are at the lower end of the second group.

The set of criteria for the life quality index were the job situation, security, income, environment, accommodation, education, health and happiness. The main idea behind the concept of OECD is to create an alternative figure to the GDP per head.

Austria´s income and employment situation is seen favorably. Also regarding the components “environment” and “security”, Austria´s performance is good. However, the work-life balance and the education situation are perceived as weak points. Regarding the criterion of happiness, Austria is substantially above Germany. What is also remarkable is that Austrian women are substantially less satisfied with their income than their male counterparts.