No. 1. Key Economic Indicators. Bank Austria Economics & Market Analysis Austria

Transcription

1 No. 0 Key Economic Indicators Bank Austria Economics & Market Analysis Austria

2 Key Economic Indicators Issue /0 Economic Forecasts for Austria Percentage change over previous year GDP (real) GDP (nominal) Private consumption (real) Investment in machinery & equipment (real) Investment in construction (real) Exports of goods & services (real) Imports of goods & services (real) Consumer prices Public sector: Budget (in % of GDP) Debt (in % of GDP) Unemployment rate in % (Eurostat).8... Unemployment rate in % (Statistik Austria) Preliminary Bank Austria forecast National definition Growth of Real GDP in Austria Percentage change over previous year, Calculated in accordance with ESA preliminary, 0 0 Bank Austria forecast I Key Economoc Indicators, /0

3 Austria s Gross Domestic Product (GDP) In EUR billion, gross value added (at current prices) Agriculture, forestry Mining, manufacturing Energy and water supply Construction Wholesale/retail Restaurants, hotels Transport, communication Finance, insurance Real estate Government services Other services Taxes minus subsidies on products GDP (nominal) Austria s Gross Domestic Product (GDP) In EUR billion, expenditures (at current prices) Private consumption Public consumption Gross fixed capital formation Statistical discrepancy Total domestic demand plus exports of goods & services less imports of goods & services GDP (nominal) Economic data are computed in accordance with the European System of Integrated Economic Accounts (ESA 95) Differences may result through rounding off figures Key Economic Indicators, /0 I

4 Key Economic Indicators Issue /0 Key Indicators for Austria Selected key economic indicators in euros Per capita GDP (nominal),077,767,957,80 GDP per employed person (nominal) 6,808 65,70 66,56 65,05 GDP per employed person (real), % change over previous year Per capita income per employed person gross,76,8,9.988 net,906,967,0 Share in percent Employment rate Consumption ratio Investment ratio.... Import ratio (narrower sense) Import ratio (broader sense) Export ratio (narrower sense) Export ratio (broader sense) Current account balance ratio Health ratio Tax & SIC ratio..6.. Savings ratio Wage ratio Research ratio Unemployment rate (Eurostat) Full-time equivalents, one-twelfth of annual income Share of employed persons aged 5 to 6 in the total population of the same age group Private consumption as a % of GDP Gross fixed capital formation as a % of GDP 5 Imports of goods as a % of GDP 6 Imports of goods and services as a % of GDP 7 Exports of goods as a % of GDP 8 Exports of goods and services as a % of GDP 9 Current account balances as a % of GDP 0 Health expenditure pursuant to the System of Health Accounts (OECD) as a % of GDP Share of tax revenues & actual social insurance contributions (SICs) plus imputed SICs less unrecoverable taxes and SICs as % of GDP Private household savings as a % of disposable income and the increase in claims to company pensions. According to ESA 79 before 995 Share of employee compensation as % of national income minus levies on production less subsidies, adjusted for the shifts of the share of salaried employees to gainfully active persons compared to the basis year 976 Expenditure on scientific research and experimental development as a % of GDP. I Key Economoc Indicators, /0

5 Austria s Labour Market Annual average or quarterly figures, in thousands Employees, Vacant jobs Unemployed, Jobless rate, 00, % 005, % 006, % 007, % 008, % 009, % 00, % 009 Q, % Q, % Q, % Q, % 00 Q, % Q, % Q, % Q, % Without maternity leave, education and military service Seasonally adjusted on quarterly basis Persuant to national criteria Austria Annual or quarterly averages, change over previous year Industrial production Construction output (nom.) Retail (nom.) Q 0... Q. 0.. Q Q Q Q Q Key Economic Indicators, /0 I 5

6 Key Economic Indicators Issue /0 Austria s Foreign Trade Annual or quarterly averages Imports in Change over Exports in Change over EUR million previous year EUR million previous year 00 77,0.0% 77,00.% 00 80,99 5.0% 78,90.9% 00 9,09.5% 89,88.9% ,99 5.9% 9,705 5.% 006 0,0 8.0% 0,7 9.5% 007,55 9.6%, % 008 9,568.7% 7,55.5% ,57 8.% 9,79 0.% 009 Q,859 9.%,77.% Q,78.6%,868 6.% Q, 8.7%,70.% Q 5,755.8%,97 9.0% 00 Q 5,95 6.0%,6 6.0% Q 8,7 9.% 7,79 0.% Q 9,7 0.% 8,075.% Tourism in Austria Overnight stays in,000 Change over thereof thereof Overnight stays previous year Austrians foreigners 00 7,9.0%,60 86,0 00 7, 0.7%,6 85, ,.8%,50 87, ,6 0.%, 87,0 007,5.8%,008 88, 008 6,79.%,879 9,80 009,07.9%, 89,86 00,86 0.% 5,0 89, Q, 9.% 7,68,77 Q 0,7 0.%,99 8,70 Q 9,800.8% 6,, Q,88.5% 8,908,80 Q,56.% 7,657,859 Q,9.%,0 9,9 Q,6 0.9% 6,,75 6 I Key Economoc Indicators, /0

7 Austria s Foreign Trade 00 Imports: EUR. billion (estimation) Africa, Australia & Oceania America Asia Eastern Europe without EU members EFTA & other European countries Other EU 7 countries () New EU member states (CEE) (9) Euro area (5) Austria s Foreign Trade 00 Exports: EUR 08.0 billion (estimation) Africa, Australia & Oceania America Asia Eastern Europe without EU members EFTA & other European countries Other EU 7 countries () New EU member states (CEE) (9) Euro area (5) Key Economic Indicators, /0 I 7

8 Key Economic Indicators Issue /0 Real Gross Domestic Product Percentage change over previous year USA World economy Euro area Austria Enlargement as per 0/0: 007 Slovenia, 008 Malta & Cyprus, 009 Slovakia, 0 Estonia Preliminary Forecast -Month Money In percent, monthly averages USA UK Euro area Japan Switzerland Enlargement as per 0/0: 007 Slovenia, 008 Malta & Cyprus, 009 Slovakia 8 I Key Economoc Indicators, /0

9 Consumer Prices Percentage change over previous year USA Germany Austria Japan Euro zone, Based on the HICP Enlargement as per 0/0: 007 Slovenia, 008 Malta & Cyprus, 009 Slovakia Secondary Market Yields In percent, 0-year government bonds 6 USA Germany Austria Japan Switzerland Key Economic Indicators, /0 I 9

10 Key Economic Indicators Issue /0 Share Price Indices January 000 = ATX CECE (EUR) Euro Stoxx 50 Nikkei Dow Jones Industrial NASDAQ I Key Economoc Indicators, /0

11 Overview 009 GDP nom. GDP per Exports Imports Inhabitants in EUR capita in in EUR in EUR in million billion EUR billion billion EU ,786.9,600,09.,99.7 EU ,96.0 7,00,.0,9. Euro , ,00,76.,5.6 EU-CEE , Austria 8. 7., Belgium , Bulgaria 7.6.9, Czech Republic , Denmark , Finland 5. 7., France 6.,907. 9, Germany 8.0,97. 9, Hungary , Ireland , Italy 60.0,50.9 5, Netherlands , Poland , Romania , Russia , Slovakia 5. 6., Slovenia , Spain 5.8,05.9, Sweden , Switzerland ,00..9 Turkey , Ukraine 6. 8., United Kingdom 6.6, , Brazil 9.5,8. 5, Canada , USA ,.6, ,8. China,0.7,59.5, India, Japan 7.,6.5 8, South Korea , EU 7, EU 5, Euro 5: trade with countries outside the respective area (extra-eu trade) Key Economic Indicators, /0 I

12 Key Economic Indicators Issue /0 Real Gross Domestic Product Percentage change over previous year EU EU Euro area EU-CEE Austria Belgium Bulgaria Czech Republic Denmark Finland France Germany Hungary Ireland Italy Netherlands Poland Romania Russia Slovakia Slovenia Spain Sweden Switzerland Turkey Ukraine United Kingdom Brazil Canada USA China India Japan South Korea Preliminary Forecast Since 0/05/00 EU 5, since 0/0/007 EU 7 Enlargement as per 0/0: 007 Slovenia, 008 Malta & Cyprus, 009 Slovakia, 0 Estonia I Key Economoc Indicators, /0

13 Consumer Prices Percentage change over previous year EU EU Euro area, EU-CEE Austria Belgium Bulgaria Czech Republic Denmark Finland France Germany Hungary Ireland Italy Netherlands Poland Romania Russia Slovakia Slovenia Spain Sweden Switzerland Turkey Ukraine United Kingdom Brazil Canada USA China India Japan South Korea Preliminary Forecast Since 0/05/00 EU 5, since 0/0/007 EU 7 Harmonised Consumer Price Index 5 Enlargement as per 0/0: 007 Slovenia, 008 Malta & Cyprus, 009 Slovakia, 0 Estonia Key Economic Indicators, /0 I

14 Key Economic Indicators Issue /0 Budget Deficit/Surplus In percent of GDP Austria Germany France United Kingdom Italy Russia USA Japan Current Account Balances In percent of GDP Austria Germany France United Kingdom Italy Russia USA Japan Unemployment Rates In percent, annual averages Austria Germany France United Kingdom Italy Russia USA Japan Preliminary Forecast I Key Economoc Indicators, /0

15 Mean Exchange Rate of the Euro In currency units for one euro, annual or quarterly averages USD JPY GBP CHF CNY RUB Q Q Q Q PLN CZK HUF HRK SEK TRY Q Q Q Q Reference rates of the ECB, national statistics Since 0/0/005 New Turkish Lira (TRY) Holiday Euro On holiday, 00 euros are worth (February 0) CRO TR H SLO P UK USA GR E D F A I CA CH Key Economic Indicators, /0 I 5

16 Key Economic Indicators provides information on the most recent developments of selected economic indicators. Economic analyses and forecasts are available on Bank Austria s website: under Financial Markets & Analysis in the section Economic Research Austria or directly at Published by: UniCredit Bank Austria AG, 00 Vienna, Schottengasse 6-8 Edited by Economics & Market Analysis Austria Kurt Fesselhofer, tel. + (0) /95 Petra Jellen, tel. + (0) /95 econresearch.austria@unicreditgroup.at Production: Corporate Culture Printed by Gutenberg Druck GmbH, Wr. Neustadt Graphics: Hans Ljung Photo: Three Art Fotolia.com Sources: Bank Austria, Consensus Forecast, Datastream, Eurostat, EZB, OECD, OeNB, Statistik Austria, UniCredit Research, WIFO Closing date: 9 February 0 Despite careful research and the use of reliable sources, Bank Austria cannot assume liability for the completeness or accuracy of the information given herein. 6 I Key Economoc Indicators, /0