Financial tightening weighs on short- and medium-term growth prospects
AA1
LOW RISK for entreprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
Last updated in June 2023.
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GDP | USD 471.4bn (World ranking 33, World Bank 2022) |
Population | 9.0mn (World ranking 98, World Bank 2021) |
Form of state | Parliamentary republic |
Head of government | Karl Nehammer (Chancellor) |
Next elections | 2024, legislative |

- High productivity level
- Low-income inequality
- Low unemployment

- High export-dependence
- Elevated public debt
- Unfavorable demographics
Trade structure by destination/origin
(% of total, 2021)
Exports | Rank | Imports |
---|---|---|
Germany
29.5%
![]() |
1 |
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Italy
6.6%
![]() |
2 |
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United States
6.1%
![]() |
3 |
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Switzerland
5.1%
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4 |
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Poland
4.0%
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5 |
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Trade structure by product
(% of total, annual 2021)
Exports | Rank | Imports |
---|---|---|
Road Vehicles
8.8%
|
1 |
9.2%
Road Vehicles
|
Medicinal and pharmaceutical products
7.1%
|
2 |
7.0%
Electrical machinery, apparatus and appliances, n.e.s.
|
Electrical machinery, apparatus and appliances, n.e.s.
7.1%
|
3 |
5.1%
Other industrial machinery and parts
|
Other industrial machinery and parts
5.7%
|
4 |
4.6%
Medicinal and pharmaceutical products
|
Manufactures of metal, n.e.s.
5.5%
|
5 |
4.5%
Manufactures of metal, n.e.s.
|
Collection Complexity
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
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