Austria In-depth PESTLE Insights
Summary
This PESTLE country analysis report on Austria provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Synopsis
- Understand the political system in Austria through analysis of key figures in the country and governance indicators.
- Understand the economic situation in Austria through a balanced assessment of core macroeconomic issues.
- Understand customer demographics in Austria through analysis of income distribution and the rural-urban split, as well as healthcare and education.
- Understand the technological landscape in Austria through analysis of relevant laws and policies, as well as patents data.
- Understand the legal landscape in Austria through analysis of the judicial system as well as performance of the legal indicators
- Understand the environmental landscape in Austria through analysis of the environmental regulations and the performance of the environmental indicators
Scope- The political landscape section discusses the evolution of the political scenario in Austria, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
- The economic landscape section outlines the evolution of Austria 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
Reasons to Buy- What is the outlook in Austria in terms of political stability, policies towards business, and the popularity of the government?
- How does Austria perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
- How does Austria perform in terms of healthcare, income distribution, and education?
- How does Austria perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
- 1. OVERVIEW
- 1.1. Catalyst
- 1.2. Summary
- 1.2.1. Key findings
- 1.2.2. PESTLE Highlights
- 1.2.3. Impact of COVID-19 on the Austrian economy
- 1.2.3.1 Snapshot
- 1.2.3.2 Government measures
- 1.2.3.3 Lockdown measures
- 1.2.3.4 Travel restrictions
- 1.2.3.5 Stimulus measures
- 1.2.3.6 Impact on the economy
- 1.2.4. Key fundamentals
- 2. KEY FACTS AND GEOGRAPHIC LOCATION
- 3. GEOGRAPHIC LOCATION
- 4. PESTLE ANALYSIS
- 4.1. Summary
- 4.2. Political analysis
- 4.2.1. Overview
- 4.2.2. Current strengths
- 4.2.3. Future prospects
- 4.2.4. Future risks
- 4.3. Economic analysis
- 4.3.1. Overview
- 4.3.2. Current strengths
- 4.3.3. Current challenges
- 4.3.4. Future prospects
- 4.3.5. Future risks
- 4.4. Social analysis
- 4.4.1. Overview
- 4.4.2. Current strengths
- 4.4.3. Current challenges
- 4.4.4. Future prospects
- 4.4.5. Future risks
- 4.5. Technological analysis
- 4.5.1. Overview
- 4.5.2. Current strengths
- 4.5.3. Current challenges
- 4.5.4. Future prospects
- 4.5.5. Future risks
- 4.6. Legal analysis
- 4.6.1. Overview
- 4.6.2. Current strengths
- 4.6.3. Current challenges
- 4.6.4. Future prospects
- 4.6.5. Future risks
- 4.7. Environmental analysis
- 4.7.1. Overview
- 4.7.2. Current strengths
- 4.7.3. Current challenges
- 4.7.4. Future prospects
- 4.7.5. Future risks
- 5. POLITICAL LANDSCAPE
- 5.1. Summary
- 5.2. Evolution
- 5.3. Structure and policies
- 5.3.1. Key political figures
- 5.3.2. Structure of government
- 5.3.3. Center/federal
- 5.3.4. State/provincial
- 5.3.5. Structure of legislature
- 5.3.6. Composition of legislature
- 5.3.7. Key policies
- 5.4. Performance
- 5.4.1. Governance indicators
- 5.5. Outlook
- 6. ECONOMIC LANDSCAPE
- 6.1. Summary
- 6.2. Evolution
- 6.2.1. Pre-1950
- 6.2.2. 1950-1980
- 6.2.3. 1981-1990
- 6.2.4. 1991-2007
- 6.2.5. 2008-2020
- 6.3. Structure and policies
- 6.3.1. Financial system
- 6.3.2. Financial authorities/regulators
- 6.3.3. Stock markets
- 6.3.4. Insurance
- 6.3.5. GDP and growth rate
- 6.3.6. GDP composition by sector
- 6.3.7. Fiscal Situation
- 6.3.8. External debt
- 6.3.9. International trade
- 6.3.10. International investment position
- 6.3.11. Key monetary indicators
- 6.3.12. Interest rate
- 6.3.13. Employment
- 6.4. Outlook
- 7. SOCIAL LANDSCAPE
- 7.1. Summary
- 7.2. Evolution
- 7.3. Structure and policies
- 7.3.1. Composition by age and gender
- 7.3.2. Education
- 7.3.3. Healthcare
- 7.3.4. Social welfare
- 7.4. Performance
- 7.4.1. Healthcare
- 7.4.2. Income distribution
- 7.4.3. Education
- 7.5. Outlook
- 8. TECHNOLOGICAL LANDSCAPE
- 8.1. Summary
- 8.2. Evolution
- 8.3. Structure and policies
- 8.3.1. Technology agreements/pacts
- 8.3.2. Intellectual property
- 8.4. Performance
- 8.4.1. Opportunity sectors
- 8.4.2. Telecommunications, broadband, and internet
- 8.4.3. Research and development
- 8.5. Outlook
- 9. LEGAL LANDSCAPE
- 9.1. Summary
- 9.2. Evolution
- 9.3. Structure and policies
- 9.3.1. Judicial system
- 9.3.2. Structure of the system
- 9.4. Performance
- 9.4.1. Legal indicators
- 9.5. Outlook
- 10. ENVIRONMENTAL LANDSCAPE
- 10.1. Summary
- 10.2. Evolution
- 10.3. Structure and policies
- 10.3.1. Environmental regulations
- 10.4. Performance
- 10.4.1. Environmental impact
- 10.5. Outlook
- 11. APPENDIX
- 11.1. Ask the analyst
- 11.2. Disclaimer
- List of Tables
- Table 1: Austria - Key Fundamentals, 2018-2025f
- Table 2: Austria - Key Facts, 2021
- Table 3: Analysis of Austria’s Political Landscape
- Table 4: Analysis of Austria's Economic Landscape
- Table 5: Analysis of Austria’s Social Landscape
- Table 6: Austrian Healthcare Indicators, 2020 or Latest Available Year
- Table 7: Analysis of Austria’s Technological Landscape
- Table 8: Analysis of Austria’s Legal Landscape
- Table 9: Analysis of Austria’s Environmental Landscape
- Table 10: Number and Size of Selected Areas Protected Under Nature Conservation Laws in Austria, 2016/2018
- Table 11: Mid-year Population as a Percentage of the Total Population, 2020e
- Table 12: Patents Granted by the US Patent and Trademark Office, 2015-2020
- List of Figures
- Figure 1: Map of Austria, 2021
- Figure 2: Migration in Austria (Thousands), 2005-2019
- Figure 3: Non-appealable Convictions, 1990-2019
- Figure 4: Youth Unemployment (% of Total Labor Force, Ages 15-24), 2020
- Figure 5: Household Debt (% of Net Disposable Income), 2019
- Figure 6: Number of Nights Spent by Arrivals (Millions), November 2019 - October 2020
- Figure 7: Bank Non-performing Loans to Total Gross Loans (%), 2009-2019
- Figure 8: Austrian Banks’ Exposure to CESEE Countries and Foreign Claims, Q2 2019 and Q1 2019
- Figure 9: Unemployment Rate (%), January 2020 - October 2020
- Figure 10: Average Effective Age of Retirement, 2018
- Figure 11: Employment Rate of Older Workers (aged 55-64) in Select European Countries, 2019
- Figure 12: Young Population Not in Employment, Education or Training (NEET) (% of 15-29 Year Olds), 2019
- Figure 13: Old Age Dependency Ratio, 2050f
- Figure 14: Global Innovation Index Scores, 2019
- Figure 15: University-Industry Collaboration, 2019
- Figure 16: Government Researchers (% of National Total), 2018
- Figure 17: Share of Women Researchers in Select European Countries, 2017
- Figure 18: Tertiary Education Attainment of 30-34 year Olds in Select European Countries, 2019
- Figure 19: Tax Wedge (% of Total Labor Cost), 2019
- Figure 20: Renewable Energy’s Share of Gross Final Energy Consumption (%), 2019
- Figure 21: Air Pollution in Austria, 2018
- Figure 22: Threatened Species, 2018
- Figure 23: Austria - Political Events Timeline
- Figure 24: Austria - Key Political Figures
- Figure 25: Austria - Composition of the National Council After the September 2019 Elections
- Figure 26: Austria - Historical GDP Growth, 2011-2020e
- Figure 27: Austria (ATX) Stock Market Index (Jan 2020=100), January 2020 - January 2021
- Figure 28: GDP and GDP Growth Rate in Austria (US$ Billion/%), 2016-2025f
- Figure 29: GDP Composition by Sector in Austria, 2020
- Figure 30: Agricultural Output in Austria (EUR Billion/%), 2016-2021f
- Figure 31: Industrial Output in Austria (EUR Billion/%), 2016-2021f
- Figure 32: Services Output in Austria (EUR Billion/%), 2016-2021f
- Figure 33: Total Import and Export Growth (%), 2016-2025f
- Figure 34: Consumer Price Index and CPI-based Inflation in Austria, 2016-2025f
- Figure 35: Unemployment Rate in Austria (%), 2016-2025f
- Figure 36: Major Religions in Austria (%), 2018
- Figure 37: Expenditure on Healthcare in Austria (US$ Billion/%), 2012-2018
- Figure 38: Total Expenditure on Education in Austria (US$ Billion/%), 2012-2019
- Figure 39: Number of Internet Users in Austria (Millions/%), 2016-2020e
- Figure 40: R&D Expenditure in Austria (US$ Billion/% of GDP), 2011-2019
- Figure 41: Carbon Dioxide Emissions in Austria (Million Tonnes/%), 2010-2019