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Country Commercial Guides FY 2000: Austria Report prepared by U.S. Embassy Vienna, released July 1999 Note*

CHAPTER X. APPENDICES

APPENDIX A. COUNTRY DATA

Population	8.09 million
Population Growth Rate	0.3%
Religions(s)	Roman Catholic -- 78%
	Protestant -- 5%
Government	Constitutional Parliamentary Democracy
Language	German -- 92%
Work Week	37.5-40 hours, depending on the
	industry

APPENDIX B. DOMESTIC ECONOMY

	1997	1998	1999, projected
GDP ($ billion, current prices) (1)	203.1	211.8	218.5
GDP Growth Rate,
nominal terms (in percent)	4.1	4.3	3.2
GDP Growth Rate,
real terms (in percent)	2.5	3.3	2.2
GDP per Capita ($) (1)	25,160.0	26,227.0	27,030.0
Government Spending (as
percent of GDP)	29.8	29.6	28.4
Inflation (percent)		1.3	0.9	0.7
Unemployment (percent) (2)	4.4	4.5	4.4
Foreign Exchange Reserves
($ billion) (1)	21.3	24.1	N/A
Average Exchange Rate
for $ 1.00	12.20	12.38	N/A
Debt Service Ratio (3)	3.2	3.2	4.4

Footnotes: (1) all figures converted at the 1998 annual average exchange rate of $1.00 = AS 12.38. (2) EU method.
(3) ratio of principal and interest payments on foreign debt to foreign income from exports of goods and services.

APPENDIX C. TRADE

($ million, except where noted) (1)

	1997	1998	1999, projected
Total Austrian exports (fob)	57,756.0	62,236.0	64,620.0
Total Austrian imports (cif)	63,833.0	68,152.0	71,240.0
U.S. exports to Austria	3,417.0	3,560.0	N/A
U.S. imports from Austria	2,117.0	2,534.0	N/A

Footnote: (1) all figures converted at the 1998 annual average exchange rate of $1.00 = AS 12.38.

APPENDIX D. FOREIGN DIRECT INVESTMENT

In 1998, the inflow of new foreign direct investment reached a historic record of AS 73 billion (US$ 5.9 billion), equal to 2.8% of GDP, and pushed the value of the foreign direct investment stock in Austria to AS 298 billion (US$ 24.1 billion), equal to 11.4% of GDP.

Note: The 1998 annual average exchange rate for US$ 1.00 was Austrian schillings (AS) 12.38.

Source: Austrian National Bank statistics on Austrian outward and inward direct investment at the end of 1996, published in November 1998. Available 1997 and 1998 data are from the Austrian National Bank's current account statistics.

Table 1:

Foreign direct investment in Austria 1991-1998

	   Number of firms		 Nominal	 Total
	   with direct			 capital	 equity (1)
Year	   foreign participation	 ------(as billion)------   
-----------------------------------------------------------
1991		2,172			  58.5		110.8
1992		2,209			  61.1		127.3
1993		2,204		 	  62.5	 	138.1
1994		2,205			  64.5		145.3
1995		2,262			  71.5		176.9
1996   		2,362			  74.5		195.9
1997 (2)	  n/a			   n/a		225.0
1998 (2)	  n/a			   n/a		298.0

Footnotes:

(1)  total equity comprises nominal capital, statutory and
 voluntary reserves, profits/losses carried forward, and 
 net credit position;
(2) preliminary figures.


Table 2:

Foreign direct investment by country of origin 1991-1998
(in percent of nominal capital)

Year	  U.S.   Switzerland,  Germany  Netherlands  Others
		    Liechtenstein						
----------------------------------------------------------
1991     8           18	 	 37	    9		28
1992     7	     18		 37	   10		28
1993     7	     18	 	 38	    9		28
1994     7	     18		 38 	    9		28
1995     6	     15		 41 	    8		30
1996     7 	     14  	 42	    8		29
1997 (1) 7     	     13		 45	    6		29
1998 (1) 7	     12		 46	    6		29

Footnotes:
(1) preliminary figures.


Table 3:

Foreign direct investment in Austria by industry sectors in 
1996 (latest available figures)

Sector				   Total equity		Employees
				   (as billions		in 1,000
--------------------------------------------------------
Mining and energy:	 		 2.2		    1

Industry:
Metals, machinery			11.8	            27
Vehicles			   	 4.9	            12
Electrical engineering,
    electronics				 3.7		    28
Petroleum, chemicals			22.3		    18
Paper, wood				 9.9	             7
Textiles, clothing, leather	 	 2.3	  	     8
Food, drink, tobacco			 5.6		     7
Building and allied trades		 6.3	   	     9
Miscellaneous				 1.6	    	     2
	 
Subtotal industry			68.4	  	   118 

Non-industry:
Trade					41.1	   		 62
Transport, communication		 3.7	    		  6
Tourism					 2.4	    		  5
Banking, insurance, finance		31.4	   		 12
Real estate, business 
    related services 			46.2	   		  8
Other services				 0.5	   		  0
	
Subtotal non-industry	    	    125.3	   		 93

Total				    195.9	 		212

Note:  differences due to rounding.


Table 4:

Austrian direct investment abroad 1991-1998

	  Number of firms		Nominal	Total assets 
	  with Austrian			capital		(1)
Year	  direct investment 	------(AS billion)------   
--------------------------------------------------------
1991		1,188			  38.5		 64.5
1992		1,290			  45.4		 77.9
1993		1,495			  60.4		 98.5
1994		1,617			  64.2		103.0
1995		1,718			  71.4		118.1
1996 		1,810			  83.2		136.4
1997 (2)   	 n/a			   n/a		160.0
1998 (2)	  n/a			   n/a		196.0

Footnotes:
(1)  total assets comprises nominal capital, other equity
 including exchange rate adjustments, and net credit position.
 
(2) preliminary figures.



Table 5:

Austrian direct investment abroad by country of destination
 1991-1998 (in percent of nominal capital)

Year   U.S.  Switzer- Germany U.K. Hungary    Czech       Others
	      land,                           Rep.		
		   Liechten-
		   stein
--------------------------------------------------------
1991     7    12	21	11    19	n/a	   30
1992     8    10	20	10    21	n/a	   31
1993     9     8	16	 9    20	  6	   32
1994     8     7	15	 6    19	 10	   35
1995     6     7	16	 5    13	 10	   43
1996     5     6     	17	 6    15    	 10	   41
1997 (1) 5     6     	17	 6    16	 11	   39
1998 (1) 5     5   	16	 6    17	 12	   39

Footnotes
(1) preliminary figures.


Table 6:

Austrian direct investment abroad by industry sectors in 1996
 (latest available figures)

	
Sector				Nominal capital		Employees
				(AS billion)		in 1,000
-----------------------------------------------------------------
Mining and energy:		 3.0		     1.3

Industry:
Metals, machinery		 9.4		    14.7
Vehicles			 0.6		     3.3
Electrical engineering,
    electronics			 4.7		    12.7
Petroleum, chemicals		 7.8		    13.8
Paper, wood			 3.6		     8.0
Textiles, clothing, leather	 0.7		     6.0
Food, drink, tobacco		 3.3		     7.4
Building and allied trades	10.1		    19.7
Miscellaneous			 0.5		     1.4
			 
Subtotal industry		40.7		    87.0

Non-industry:
Trade				17.5		    26.4
Transport, communicatio	 	 0.5		     1.3
Tourism				 2.1		     2.6
Banking, insurance, finance	27.0		    12.8
Real estate, business
    related services		44.5		     2.5
Other services			 1.1		     1.5
					   	   
Subtotal non-industry		92.7		    47.1

Total		               136.4  	           135.4 

Note:  differences due to rounding.