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The economy of Austria is a highly developed social market economy, with the country being one of the fourteen richest in the world in terms of GDP (gross domestic product) per capita. [19] Until the 1980s, many of Austria 's largest industry firms were nationalised.
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
Below is a table of sovereign states in Europe by GDP (PPP) per capita in international dollars. [2] Countries are ranked by their estimated 2024 figures. Note: transcontinental countries that are partly (but not entirely) located in Europe are also shown in the table, but the values shown are for the entire country.
Development of the GDP per capita of the federal states of Austria since the year 2000 [1]; State GDP per capita (€) Total increase 2000 2010 2021
The map data is for year 2024 using IMF data (WEO October 2024 Edition) GDP nominal per capita - current international dollar. [ 10 ] >$40,000 $15,000 - $40,000 <$15,000
This is similar to nominal GDP per capita but adjusted for the cost of living in each country. In 2023, the estimated average GDP per capita (PPP) of all of the countries was Int$22,452. [a] For rankings regarding wealth, see list of countries by wealth per adult.
List of European Union regions and territories by GDP in 2022 [1] Region (NUTS2) Country Nominal GDP million EUR (2022) GDP in Purchasing Power Standard Population in millions [2] million EUR (2021) per capita in EUR (2022) per capita as % of EU average (2022) Burgenland Austria: 10,455: 8,326: 31,000: 88: 0.293 Lower Austria: 71,758: 57,009 ...
This is a list of European nations sorted by their gross domestic product (GDP), the value of all final goods and services produced within a nation in a given year. The GDP dollar estimates presented here are derived from purchasing power parity (PPP) calculations for the latest years recorded in The World Factbook .