Part 9
Elevation extremes: lowest point: Puerto Rico Trench -8,605 m highest point: in the Milwaukee Deep at sea level 0 m
Natural resources: oil and gas fields, fish, marine mammals (seals and whales), sand and gravel aggregates, placer deposits, polymetallic nodules, precious stones
Natural hazards: icebergs common in Davis Strait, Denmark Strait, and the northwestern Atlantic Ocean from February to August and have been spotted as far south as Bermuda and the Madeira Islands; icebergs from Antarctica occur in the extreme southern Atlantic Ocean; ships subject to superstructure icing in extreme northern Atlantic from October to May and extreme southern Atlantic from May to October; persistent fog can be a maritime hazard from May to September
Environment--current issues: endangered marine species include the manatee, seals, sea lions, turtles, and whales; drift net fishing is hastening the decline of fish stocks and contributing to international disputes; municipal sludge pollution off eastern US, southern Brazil, and eastern Argentina; oil pollution in Caribbean Sea, Gulf of Mexico, Lake Maracaibo, Mediterranean Sea, and North Sea; industrial waste and municipal sewage pollution in Baltic Sea, North Sea, and Mediterranean Sea
Environment--international agreements: party to: none of the selected agreements signed, but not ratified: none of the selected agreements
Geography--note: major chokepoints include the Dardanelles, Strait of Gibraltar, access to the Panama and Suez Canals; strategic straits include the Strait of Dover, Straits of Florida, Mona Passage, The Sound (Oresund), and Windward Passage; the Equator divides the Atlantic Ocean into the North Atlantic Ocean and South Atlantic Ocean
Government
Data code: none; the US Government has not approved a standard for hydrographic codes--see the Cross-Reference List of Hydrographic Data Codes appendix
Economy
Economy--overview: The Atlantic Ocean provides some of the world's most heavily trafficked sea routes, between and within the Eastern and Western Hemispheres. Other economic activity includes the exploitation of natural resources, e.g., fishing, the dredging of aragonite sands (The Bahamas), and production of crude oil and natural gas (Caribbean Sea, Gulf of Mexico, and North Sea).
Communications
Telephone system: international: numerous submarine cables with most between continental Europe and the UK, between North America and the UK, and in the Mediterranean; numerous direct links across Atlantic via satellite networks
Transportation
Ports and harbors: Alexandria (Egypt), Algiers (Algeria), Antwerp (Belgium), Barcelona (Spain), Buenos Aires (Argentina), Casablanca (Morocco), Colon (Panama), Copenhagen (Denmark), Dakar (Senegal), Gdansk (Poland), Hamburg (Germany), Helsinki (Finland), Las Palmas (Canary Islands, Spain), Le Havre (France), Lisbon (Portugal), London (UK), Marseille (France), Montevideo (Uruguay), Montreal (Canada), Naples (Italy), New Orleans (US), New York (US), Oran (Algeria), Oslo (Norway), Peiraiefs or Piraeus (Greece), Rio de Janeiro (Brazil), Rotterdam (Netherlands), Saint Petersburg (Russia), Stockholm (Sweden)
Transportation--note: Kiel Canal and Saint Lawrence Seaway are two important waterways
Transnational Issues
Disputes--international: some maritime disputes (see littoral states)
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@Australia ---------
Introduction
Background: Australia became a British commonwealth in 1901. Blessed by rich natural resources, the country enjoyed rapid gains in herding, agriculture, and manufacturing and made a major contribution to the British effort in World Wars I and II. Australia subsequently developed its minerals, metals, and fossil fuel markets, all of which have become key Australian exports. Long-term concerns include pollution, particularly depletion of the ozone layer, and management and conservation of coastal areas, especially the Great Barrier Reef. Sydney will host the 2000 summer Olympics.
Geography
Location: Oceania, continent between the Indian Ocean and the South Pacific Ocean
Geographic coordinates: 27 00 S, 133 00 E
Map references: Oceania
Area: total: 7,686,850 sq km land: 7,617,930 sq km water: 68,920 sq km note: includes Lord Howe Island and Macquarie Island
Area--comparative: slightly smaller than the US
Land boundaries: 0 km
Coastline: 25,760 km
Maritime claims: contiguous zone: 24 nm continental shelf: 200 nm or to the edge of the continental margin exclusive economic zone: 200 nm territorial sea: 12 nm
Climate: generally arid to semiarid; temperate in south and east; tropical in north
Terrain: mostly low plateau with deserts; fertile plain in southeast
Elevation extremes: lowest point: Lake Eyre -15 m highest point: Mount Kosciusko 2,229 m
Natural resources: bauxite, coal, iron ore, copper, tin, silver, uranium, nickel, tungsten, mineral sands, lead, zinc, diamonds, natural gas, petroleum
Land use: arable land: 6% permanent crops: 0% permanent pastures: 54% forests and woodland: 19% other: 21% (1993 est.)
Irrigated land: 21,070 sq km (1993 est.)
Natural hazards: cyclones along the coast; severe droughts
Environment--current issues: soil erosion from overgrazing, industrial development, urbanization, and poor farming practices; soil salinity rising due to the use of poor quality water; desertification; clearing for agricultural purposes threatens the natural habitat of many unique animal and plant species; the Great Barrier Reef off the northeast coast, the largest coral reef in the world, is threatened by increased shipping and its popularity as a tourist site; limited natural fresh water resources
Environment--international agreements: party to: Antarctic-Environmental Protocol, Antarctic Treaty, Biodiversity, Climate Change, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: Climate Change-Kyoto Protocol, Desertification
Geography--note: world's smallest continent but sixth-largest country; population concentrated along the eastern and southeastern coasts; regular, tropical, invigorating, sea breeze known as "the Doctor" occurs along the west coast in the summer
People
Population: 18,783,551 (July 1999 est.)
Age structure: 0-14 years: 21% (male 2,023,569; female 1,926,901) 15-64 years: 66% (male 6,317,045; female 6,172,735) 65 years and over: 13% (male 1,022,485; female 1,320,816) (1999 est.)
Population growth rate: 0.9% (1999 est.)
Birth rate: 13.21 births/1,000 population (1999 est.)
Death rate: 6.9 deaths/1,000 population (1999 est.)
Net migration rate: 2.66 migrant(s)/1,000 population (1999 est.)
Sex ratio: at birth: 1.06 male(s)/female under 15 years: 1.05 male(s)/female 15-64 years: 1.02 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.99 male(s)/female (1999 est.)
Infant mortality rate: 5.11 deaths/1,000 live births (1999 est.)
Life expectancy at birth: total population: 80.14 years male: 77.22 years female: 83.23 years (1999 est.)
Total fertility rate: 1.81 children born/woman (1999 est.)
Nationality: noun: Australian(s) adjective: Australian
Ethnic groups: Caucasian 92%, Asian 7%, aboriginal and other 1%
Religions: Anglican 26.1%, Roman Catholic 26%, other Christian 24.3%, non-Christian 11%
Languages: English, native languages
Literacy: definition: age 15 and over can read and write total population: 100% male: 100% female: 100% (1980 est.)
Government
Country name: conventional long form: Commonwealth of Australia conventional short form: Australia
Data code: AS
Government type: democratic, federal-state system recognizing the British monarch as sovereign
Capital: Canberra
Administrative divisions: 6 states and 2 territories*; Australian Capital Territory*, New South Wales, Northern Territory*, Queensland, South Australia, Tasmania, Victoria, Western Australia
Dependent areas: Ashmore and Cartier Islands, Christmas Island, Cocos (Keeling) Islands, Coral Sea Islands, Heard Island and McDonald Islands, Norfolk Island
Independence: 1 January 1901 (federation of UK colonies)
National holiday: Australia Day, 26 January (1788)
Constitution: 9 July 1900, effective 1 January 1901
Legal system: based on English common law; accepts compulsory ICJ jurisdiction, with reservations
Suffrage: 18 years of age; universal and compulsory
Executive branch: chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Sir William DEANE (since 16 February 1996) head of government: Prime Minister John Winston HOWARD (since 11 March 1996); Deputy Prime Minister Timothy Andrew FISCHER (since 11 March 1996) cabinet: Cabinet selected from among the members of Federal Parliament by the governor general on the advice of the prime minister elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or leader of a majority coalition is usually appointed prime minister by the governor general for a three-year term
Legislative branch: bicameral Federal Parliament consists of the Senate (76 seats--12 from each of the six states and two from each of the two territories; one-half of the members elected every three years by popular vote to serve six-year terms) and the House of Representatives (148 seats; members elected by popular vote on the basis of proportional representation to serve three-year terms; no state can have fewer than five representatives) elections: Senate--last held 3 October 1998 (next to be held by October 2001); House of Representatives--last held 3 October 1998 (next to be held by October 2001) election results: Senate--percent of vote by party--NA; seats by party--Liberal-National 35, Labor 29, Australian Democrats 9, Greens 1, One Nation 1, independent 1; House of Representatives--percent of vote by party--NA; seats by party--Liberal-National 80, Labor 67, independent 1
Judicial branch: High Court, the Chief Justice and six other justices are appointed by the governor general
Political parties and leaders:
Political pressure groups and leaders: Australian Democratic Labor Party (anti-Communist Labor Party splinter group); Peace and Nuclear Disarmament Action (Nuclear Disarmament Party splinter group)
International organization participation: ANZUS, APEC, AsDB, Australia Group, BIS, C, CCC, CP, EBRD, ESCAP, FAO, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MTCR, NAM (guest), NEA, NSG, OECD, OPCW, PCA, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNITAR, UNTSO, UNU, UPU, WFTU, WHO, WIPO, WMO, WTrO, ZC
Diplomatic representation in the US: chief of mission: Ambassador Andrew Sharp PEACOCK chancery: 1601 Massachusetts Avenue NW, Washington, DC 20036 consulate(s) general: Atlanta, Honolulu, Los Angeles, New York, and San Francisco
Diplomatic representation from the US: chief of mission: Ambassador Genta Hawkins HOLMES embassy: Moonah Place, Yarralumla, Canberra, Australian Capital Territory 2600 mailing address: APO AP 96549 consulate(s) general: Melbourne, Perth, and Sydney
Flag description: blue with the flag of the UK in the upper hoist-side quadrant and a large seven-pointed star in the lower hoist-side quadrant; the remaining half is a representation of the Southern Cross constellation in white with one small five-pointed star and four, larger, seven-pointed stars
Economy
Economy--overview: Australia has a prosperous Western-style capitalist economy, with a per capita GDP at the level of the four dominant West European economies. Rich in natural resources, Australia is a major exporter of agricultural products, minerals, metals, and fossil fuels. Commodities account for 57% of the value of total exports, so that a downturn in world commodity prices can have a big impact on the economy. The government is pushing for increased exports of manufactured goods, but competition in international markets continues to be severe. Australia has suffered from the low growth and high unemployment characterizing the OECD countries in the early 1990s, but the economy has expanded at reasonably steady rates in recent years. Canberra's emphasis on reforms is a key factor behind the economy's resilience to the regional crisis and its stronger than expected growth rate that reached 4.5% last year. After a slow start in 1998, exports rebounded in the second half of the year because of a sharp currency depreciation and a redirection of sales to Europe, North America, and Latin America.
GDP: purchasing power parity--$393.9 billion (1998 est.)
GDP--real growth rate: 4.5% (1998 est.)
GDP--per capita: purchasing power parity?$21,200 (1998 est.)
GDP--composition by sector: agriculture: 4% industry: 31% services: 65% (1997 est.)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: 2.5% highest 10%: 24.8% (1989)
Inflation rate (consumer prices): 1% (1998)
Labor force: 9.2 million (December 1997)
Labor force--by occupation: services 73%, industry 22%, agriculture 5% (1997 est.)
Unemployment rate: 8.1% (1998)
Budget: revenues: $90.73 billion expenditures: $89.04 billion, including capital expenditures of $NA (FY98/99 est.)
Industries: mining, industrial and transportation equipment, food processing, chemicals, steel
Industrial production growth rate: 1.2% (1995)
Electricity--production: 166.683 billion kWh (1996)
Electricity--production by source: fossil fuel: 91.14% hydro: 8.84% nuclear: 0% other: 0.02% (1996)
Electricity--consumption: 166.683 billion kWh (1996)
Electricity--exports: 0 kWh (1996)
Electricity--imports: 0 kWh (1996)
Agriculture--products: wheat, barley, sugarcane, fruits; cattle, sheep, poultry
Exports: $56 billion (f.o.b., 1998 est.)
Exports--commodities: coal, gold, meat, wool, alumina, iron ore, wheat, machinery and transport equipment
Exports--partners: Japan 20%, ASEAN 16%, EU 10%, South Korea 9%, US 9%, NZ 8%, Taiwan, Hong Kong, China (1997)
Imports: $61 billion (f.o.b., 1998 est.)
Imports--commodities: machinery and transport equipment, computers and office machines, telecommunication equipment and parts; crude oil and petroleum products
Imports--partners: EU 25%, US 23%, Japan 13%, China, NZ (1997)
Debt--external: $156 billion (June 1997)
Economic aid--donor: ODA, $1.43 billion (FY97/98)
Currency: 1 Australian dollar ($A) = 100 cents
Exchange rates: Australian dollars ($A) per US$1--1.56 (February 1999), 1.5888 (1998), 1.3439 (1997), 1.2773 (1996), 1.3486 (1995), 1.3668 (1994)
Fiscal year: 1 July--30 June
Communications
Telephones: 8.7 million (1987 est.)
Telephone system: excellent domestic and international service domestic: domestic satellite system international: submarine cables to New Zealand, Papua New Guinea, and Indonesia; satellite earth stations--10 Intelsat (4 Indian Ocean and 6 Pacific Ocean), 2 Inmarsat (Indian and Pacific Ocean Regions)
Radio broadcast stations: AM 262, FM 345, shortwave 1 (Australia's only shortwave station, Radio Australia, broadcasts to the world in seven languages, using 23 frequencies) (1998)
Radios: NA
Television broadcast stations: 104 (64 of these stations are government-owned and 40 are commercial) (1997)
Televisions: 9.2 million (1992 est.)
Transportation
Railways: total: 38,563 km (2,914 km electrified) broad gauge: 6,083 km 1.600-m gauge standard gauge: 16,752 km 1.435-m gauge narrow gauge: 15,728 km 1.067-m gauge dual gauge: 172 km NA gauges
Highways: total: 913,000 km paved: 353,331 km (including 13,630 km of expressways) unpaved: 559,669 km (1996 est.)
Waterways: 8,368 km; mainly by small, shallow-draft craft
Pipelines: crude oil 2,500 km; petroleum products 500 km; natural gas 5,600 km
Ports and harbors: Adelaide, Brisbane, Cairns, Darwin, Devonport (Tasmania), Fremantle, Geelong, Hobart (Tasmania), Launceston (Tasmania), Mackay, Melbourne, Sydney, Townsville
Merchant marine: total: 57 ships (1,000 GRT or over) totaling 1,767,387 GRT/2,426,710 DWT ships by type: bulk 29, cargo 3, chemical tanker 4, container 4, liquefied gas tanker 4, oil tanker 8, passenger 1, roll-on/roll-off cargo 4 (1998 est.)
Airports: 408 (1998 est.)
Airports--with paved runways: total: 262 over 3,047 m: 11 2,438 to 3,047 m: 11 1,524 to 2,437 m: 112 914 to 1,523 m: 120 under 914 m: 8 (1998 est.)
Airports--with unpaved runways: total: 146 1,524 to 2,437 m: 19 914 to 1,523 m: 114 under 914 m: 13 (1998 est.)
Military
Military branches: Australian Army, Royal Australian Navy, Royal Australian Air Force
Military manpower--military age: 17 years of age
Military manpower--availability: males age 15-49: 4,882,693 (1999 est.)
Military manpower--fit for military service: males age 15-49: 4,212,272 (1999 est.)
Military manpower--reaching military age annually: males: 130,570 (1999 est.)
Military expenditures--dollar figure: $6.9 billion (FY97/98)
Military expenditures--percent of GDP: 1.9% (FY97/98)
Transnational Issues
Disputes--international: territorial claim in Antarctica (Australian Antarctic Territory)
Illicit drugs: Tasmania is one of the world's major suppliers of licit opiate products; government maintains strict controls over areas of opium poppy cultivation and output of poppy straw concentrate
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@Austria -------
Introduction
Background: Once the center of power for the large Austro-Hungarian empire, Austria was reduced to a small republic after its defeat in World War I. After the annexation to Nazi Germany in 1938 and subsequent occupation by the victorious Allied powers, Austria's 1955 State Treaty declared the country "permanently neutral" as a condition of the Soviet military withdrawal. The Soviet collapse relieved the external pressure to remain unaligned, but neutrality had evolved into a part of Austrian cultural identity, which has led to an ongoing public debate over whether Vienna legitimately can remain outside of European security structures. A wealthy country, Austria joined the European Union in 1995 and, like many EU members, is adjusting to the new European currency and struggling with high unemployment.
Geography
Location: Central Europe, north of Italy and Slovenia
Geographic coordinates: 47 20 N, 13 20 E
Map references: Europe
Area: total: 83,858 sq km land: 82,738 sq km water: 1,120 sq km
Area--comparative: slightly smaller than Maine
Land boundaries: total: 2,562 km border countries: Czech Republic 362 km, Germany 784 km, Hungary 366 km, Italy 430 km, Liechtenstein 35 km, Slovakia 91 km, Slovenia 330 km, Switzerland 164 km
Coastline: 0 km (landlocked)
Maritime claims: none (landlocked)
Climate: temperate; continental, cloudy; cold winters with frequent rain in lowlands and snow in mountains; cool summers with occasional showers
Terrain: in the west and south mostly mountains (Alps); along the eastern and northern margins mostly flat or gently sloping
Elevation extremes: lowest point: Neusiedler See 115 m highest point: Grossglockner 3,797 m
Natural resources: iron ore, oil, timber, magnesite, lead, coal, lignite, copper, hydropower
Land use: arable land: 17% permanent crops: 1% permanent pastures: 23% forests and woodland: 39% other: 20% (1996 est.)
Irrigated land: 40 sq km (1993 est.)
Natural hazards: NA
Environment--current issues: some forest degradation caused by air and soil pollution; soil pollution results from the use of agricultural chemicals; air pollution results from emissions by coal- and oil-fired power stations and industrial plants and from trucks transiting Austria between northern and southern Europe
Environment--international agreements: party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 85, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Antarctic-Environmental Protocol, Climate Change-Kyoto Protocol
Geography--note: landlocked; strategic location at the crossroads of central Europe with many easily traversable Alpine passes and valleys; major river is the Danube; population is concentrated on eastern lowlands because of steep slopes, poor soils, and low temperatures elsewhere
People
Population: 8,139,299 (July 1999 est.)
Age structure: 0-14 years: 17% (male 702,261; female 666,310) 15-64 years: 68% (male 2,792,484; female 2,713,397) 65 years and over: 15% (male 478,071; female 786,776) (1999 est.)
Population growth rate: 0.09% (1999 est.)
Birth rate: 9.62 births/1,000 population (1999 est.)
Death rate: 10.04 deaths/1,000 population (1999 est.)
Net migration rate: 1.32 migrant(s)/1,000 population (1999 est.)
Sex ratio: at birth: 1.05 male(s)/female under 15 years: 1.05 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.61 male(s)/female total population: 0.95 male(s)/female (1999 est.)
Infant mortality rate: 5.1 deaths/1,000 live births (1999 est.)
Life expectancy at birth: total population: 77.48 years male: 74.31 years female: 80.82 years (1999 est.)
Total fertility rate: 1.37 children born/woman (1999 est.)
Nationality: noun: Austrian(s) adjective: Austrian
Ethnic groups: German 99.4%, Croatian 0.3%, Slovene 0.2%, other 0.1%
Religions: Roman Catholic 78%, Protestant 5%, other 17%
Languages: German
Literacy: definition: age 15 and over can read and write total population: 99% (1974 est.) male: NA% female: NA%
Government
Country name: conventional long form: Republic of Austria conventional short form: Austria local long form: Republik Oesterreich local short form: Oesterreich
Data code: AU
Government type: federal republic
Capital: Vienna
Administrative divisions: 9 states (bundeslaender, singular--bundesland); Burgenland, Kaernten, Niederoesterreich, Oberoesterreich, Salzburg, Steiermark, Tirol, Vorarlberg, Wien
Independence: 1156 (from Bavaria)
National holiday: National Day, 26 October (1955)
Constitution: 1920; revised 1929 (reinstated 1 May 1945)
Legal system: civil law system with Roman law origin; judicial review of legislative acts by the Constitutional Court; separate administrative and civil/penal supreme courts; has not accepted compulsory ICJ jurisdiction
Suffrage: 18 years of age; universal; compulsory for presidential elections
Executive branch: chief of state: President Thomas KLESTIL (since 8 July 1992) head of government: Chancellor Viktor KLIMA (since 28 January 1997); Vice Chancellor Wolfgang SCHUESSEL (since 22 April 1995) cabinet: Council of Ministers chosen by the president on the advice of the chancellor elections: president elected by popular vote for a six-year term; presidential election last held 19 April 1998 (next to be held in the spring of 2004); chancellor chosen by the president from the majority party in the National Council; vice chancellor chosen by the president on the advice of the chancellor election results: Thomas KLESTIL reelected president; percent of vote--Thomas KLESTIL 63%, Gertraud KNOLL 14%, Heide SCHMIDT 11%, Richard LUGNER 10%, Karl NOWAK 2%
Legislative branch: bicameral Federal Assembly or Bundesversammlung consists of Federal Council or Bundesrat (64 members; members represent each of the states on the basis of population, but with each state having at least three representatives; members serve a four- or six-year term) and the National Council or Nationalrat (183 seats; members elected by direct popular vote to serve four-year terms) elections: National Council--last held 17 December 1995 (next to be held in the fall of 1999) election results: National Council--percent of vote by party--SPOe 38.3%, OeVP 28.3%, FPOe 22.1%, LF 5.3%, Greens 4.6%, other 1.4%; seats by party--SPOe 71, OeVP 53, FPOe 40, LF 10, Greens 9
Judicial branch: Supreme Judicial Court or Oberster Gerichtshof; Administrative Court or Verwaltungsgerichtshof; Constitutional Court or Verfassungsgerichtshof
Political parties and leaders: Social Democratic Party of Austria caucus floor leader and Alexander VAN DER BELLEN, party spokesman];
Political pressure groups and leaders: Federal Chamber of Trade and Commerce; Austrian Trade Union Federation (primarily Socialist) or OeGB; three composite leagues of the Austrian People's Party or OeVP representing business, labor, and farmers; OeVP-oriented League of Austrian Industrialists or VOeI; Roman Catholic Church, including its chief lay organization, Catholic Action
International organization participation: AfDB, AsDB, Australia Group, BIS, BSEC (observer), CCC, CE, CEI, CERN, EAPC, EBRD, ECE, EIB, EMU, ESA, EU, FAO, G- 9, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, MTCR, NAM (guest), NEA, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, PFP, UN, UNCTAD, UNDOF, UNESCO, UNFICYP, UNHCR, UNIDO, UNIKOM, UNITAR, UNMIBH, UNMOT, UNOMIG, UNTSO, UNU, UPU, WCL, WEU (observer), WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC
Diplomatic representation in the US: chief of mission: Ambassador Helmut TUERK chancery: 3524 International Court NW, Washington, DC 20008-3035 consulate(s) general: Chicago, Los Angeles, and New York
Diplomatic representation from the US: chief of mission: Ambassador Kathryn Walt HALL embassy: Boltzmanngasse 16, A-1091, Vienna mailing address: use embassy street address
Flag description: three equal horizontal bands of red (top), white, and red
Economy
Economy--overview: Austria has a well-developed market economy with a high standard of living. As a member of the European Monetary Union (EMU), Austria's economy is closely integrated with other EU member countries, especially with Germany. Austria's membership in the EU has drawn an influx of foreign investors attracted by Austria's access to the single European market. Through privatization efforts, the 1996-98 budget consolidation programs, and austerity measures, Austria brought its total public sector deficit down to 2.5% of GDP in 1997 and public debt--at 66% of GDP in 1997--more or less in line with the 60% of GDP required by the EU's Maastricht criteria. Cuts mainly affect the civil service and Austria's generous social system, the two major causes of the government deficit. To meet increased competition from both EU and Central European countries, Austria will need to emphasize knowledge-based sectors of the economy and deregulate the service sector, particularly telecommunications and energy. The strong GDP growth of 1998 is expected to dwindle back to 2.3% in 1999, and observers caution that this projection may be revised downwards in view of the Asian and Brazilian crises and Germany's lower growth projection.
GDP: purchasing power parity--$184.5 billion (1998 est.)
GDP--real growth rate: 2.9% (1998 est.)
GDP--per capita: purchasing power parity?$22,700 (1998 est.)
GDP--composition by sector: agriculture: 1.4% industry: 30.8% services: 67.8% (1997 est.)
Population below poverty line: NA%
Inflation rate (consumer prices): 0.9% (1998)
Labor force: 3.7 million (1998)
Labor force--by occupation: services 67.7%, industry and crafts 29%, agriculture and forestry 0.7% (salaried employees, 1997 est.)
Unemployment rate: 7% (1999 est.)
Budget: revenues: $50.4 billion expenditures: $55.9 billion, including capital expenditures of $NA (1998 est.)
Industries: construction, machinery, vehicles and parts, food, chemicals, lumber and wood processing, paper and paperboard, communications equipment, tourism (1997)
Industrial production growth rate: 4% (1998 est.)
Electricity--production: 52.15 billion kWh (1996)
Electricity--production by source: fossil fuel: 34.4% hydro: 65.6% nuclear: 0% other: 0% (1997)
Electricity--consumption: 56.1 billion kWh (1997)
Electricity--exports: 9.8 billion kWh (1997)
Electricity--imports: 9 billion kWh (1997)
Agriculture--products: grains, potatoes, sugar beets, wine, fruit; dairy products, cattle, pigs, poultry; lumber
Exports: $62.5 billion (1998)
Exports--commodities: vehicles, machinery and equipment, paper and paperboard, metal goods, iron and steel, telecommunication equipment, textiles, medical and pharmaceutical products (1997)