All that glitters in Austrian tourism is not gold
- The Austrian tourism industry was able to achieve a record result in 2024 with 154.3 million overnight stays. For 2025, the tourism sector is once again on course for a record
- Tourism revenues also expected to reach a new high in 2025, after a record level of 32.2 billion euros in 2024 and an increase of 5 percent in the first half of the year compared to the same period last year
- But: The high costs are weighing on revenues. Price-adjusted, revenues in 2024 were 15.4 percent below the value of 2019. The negative trend continued in the first half of 2025
- Real revenue per overnight stay has fallen to just 85 percent of 2019 levels
- High inflation leads to booking of cheaper accommodation and savings on ancillary expenses
- Strong wage increases and sharp increases in energy prices make holidays in Austria more expensive than in other holiday destinations. Austria is losing price competitiveness and attractiveness
- The great importance of tourism for the Austrian economy, with a direct value-added share of 4.4 percent of GDP and more than 220,000 employees, is under scrutiny
Analysis Austrian tourism (PDF)
as of October 2025.
Mercosur agreement opens up opportunities for Austrian industry
- One of the world's largest trade agreements for an economic area of 770 million people
- In 2024, Austria exported goods worth 1.3 billion euros to the Mercosur countries, but this currently accounts for only 0.7 per cent of total exports
- Elimination of high import duties strengthens mechanical engineering, beverage industry and vehicle production
- Upper Austria, Styria and Salzburg would benefit particularly from an agreement
- For Vorarlberg, Carinthia and Burgenland, trade with Mercosur is currently of little economic relevance
Analysis EU-Mercosur-agreement (PDF)
as of September 2025.
Home ownership has become more affordable again in Austria
- Property prices have fallen by 3.5 per cent since 2022 - the 23.5 per cent increase in disposable household income over the same period has led to a significant improvement in the affordability of residential property
- However, property still costs around 30 per cent more than in 2008
- High demand for rental properties due to persistently high property prices continues to drive up rents at an above-average rate
- More favorable financing conditions led to a 54 per cent year-on-year increase in new property loans in Austria in the first half of 2025
- Forecast: property prices are rising again, but the increase will remain moderate for the time being
Analysis property prices (PDF)
as of August 2025.
2025
Austrian tourism (PDF) (October 2025)
EU-Mercosur-agreement (PDF) (September 2025)
Property prices (PDF) (August 2025)
Analyse Holiday euro (PDF) (June 2025)
Analyse The regained purchasing power is not yet perceived (PDF) (April 2025)
Tariff shock from the USA (PDF) (April 2025)
2024
Labour market in Austria (PDF) (November 2024)
Austria's world market share (PDF) (July 2024)
Competitiveness (PDF) (July 2024)
Holiday euro 2024 (PDF) (June 2024)
Analysis of tourism revenue (PDF) (May 2024)
Real Estate prices (PDF) (February 2024)
2023
Construction industry (PDF) (August 2023)
Housing affordability (PDF) (August 2023)
Tourism in Austria (PDF) (October 2023)
Working time (PDF) (June 2023)
Holiday euro 2023 (PDF) (May 2023)
2022
Working time (PDF) (November 2022)
Real Estate Country Facts (PDF) (November 2022)
Energy Costs at sector level (PDF) (October 2022)
Holiday euro 2022 (PDF) (June 2022)
Cost of living (PDF) (March 2022)
Energy prices (PDF) (March 2022)
Housing prices (PDF) (January 2022)
2021
Real Estate Country Facts (PDF) (November 2021)
Comparison of industrial upswing in the federal states (PDF) (October 2021)
Tax changes in Austria (PDF) (October 2021)
Fuelling will soon be cheaper, but not in the long run (PDF) (September 2021)
Revenue from tourism in the "year of the coronavirus" 2020 (PDF) (May 2021)
The effects of the first pandemic wave on the labour market (PDF) (January 2021)
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