National Council—last held 23 November 1986 (next to be held November 1990); results—SP0 43.1%, OVP 41.3%, FPO 9.7%, GAL 4.8%, KPO 0.7%, other 0.32%; seats—(183 total) SP0 80, OVP 77, FP0 18, GAL 8
Communists: membership 15,000 est.; activists 7,000-8,000
Other political or pressure groups: Federal Chamber of Commerce and Industry; Austrian Trade Union Federation (primarily Socialist); three composite leagues of the Austrian People's Party (OVP) representing business, labor, and farmers; OVP-oriented League of Austrian Industrialists; Roman Catholic Church, including its chief lay organization, Catholic Action
Member of: ADB, Council of Europe, CCC, DAC, ECE, EFTA, ESA,
FAO, GATT, IAEA, IDB—Inter-American Development Bank, IBRD, ICAC,
ICAO, IDA, IEA, IFAD, IFC, ILO, ILZSG, IMF, IMO, INTELSAT, INTERPOL, ITU,
IWC—International Wheat Council, OECD, UN, UNESCO, UPU, WFTU, WHO, WIPO,
WMO, WTO, WSG; Austria is neutral and is not a member of NATO or the EC
Diplomatic representation: Ambassador Friedrich HOESS; Embassy at 2343 Massachusetts Avenue NW, Washington DC 20008; telephone (202) 483-4474; there are Austrian Consulates General in Chicago, Los Angeles, and New York; US—Ambassador Henry A. GRUNWALD; Embassy at Boltzmanngasse 16, A-1091, Vienna (mailing address is APO New York 09108); telephone [43] (222) 31-55-11; there is a US Consulate General in Salzburg
Flag: three equal horizontal bands of red (top), white, and red
- Economy Overview: Austria boasts a prosperous and stable capitalist economy with a sizable proportion of nationalized industry and extensive welfare benefits. Thanks to an excellent raw material endowment, a technically skilled labor force, and strong links with West German industrial firms, Austria has successfully occupied specialized niches in European industry and services (tourism, banking) and produces almost enough food to feed itself with only 8% of the labor force in agriculture. Living standards are roughly comparable with the large industrial countries of Western Europe. Problems for the l990s include an aging population and the struggle to keep welfare benefits within budget capabilities.
GDP: $103.2 billion, per capita $13,600; real growth rate 4.2% (1989 est.)
Inflation rate (consumer prices): 2.7% (1989)
Unemployment: 4.8% (1989)