Press release: 12.389-229/20

Regional economic growth 2019 was strongest in Styria and weakest in Carinthia

Vienna, 2020-12-04 – Gross Regional Product (GRP) in real terms increased in all Austrian federal states in 2019, according to Regional Accounts data compiled by Statistics Austria. Real growth rates ranged from 0.8% in Carinthia to 2.0% in Styria. Overall, Austria's GDP grew by 1.4% (see table 1).

Production sector drives growth in Styria and in Austria's western regions

The highest real growth in 2019 was recorded in Styria (2.0%). The region's production sector expanded by 3.8%, which was more than in any other region. While the manufacturing industry's growth slowed down across Austria, it was still robust in Styria. The production sector was also crucial for above-average GRP growth in Tyrol, Vorarlberg, and Salzburg. In Tyrol, the construction industry's strong growth stood out, while growth in Vorarlberg and Salzburg was boosted by manufacturing.

In contrast to the previous year's high growth, Carinthia's GRP increased by only 0.8% in 2019, recording the smallest growth among the nine federal states (Länder). Its important manufacturing industry showed no signs of growth, and its service sector merely grew by 0.7%. In Lower Austria, where the major industries either stagnated or only grew moderately, real GRP growth was at 0.9%.

Both Burgenland and Upper Austria recorded above-average GRP growth at 1.6% and 1.5%, respectively. In Upper Austria, the most industrial of Austria's Länder, growth was led by the service sector in 2019. In Burgenland, the declines in the agricultural sector and in manufacturing were offset by strong growth of the construction industry.

Below-average economic growth, but strong employment growth in Vienna

Real growth of Vienna's GRP was below average, at 1.2%. The capital recorded the strongest service sector growth at 1.8%, well above the Austrian average of 1.4%, but also a significant decline in manufacturing. Employment growth in Vienna was the highest in Austria, at 1.8%. Of the 20 100 jobs added, 17 300 can be attributed to the service sector. Employment growth in the other regions was more reflective of the slowing economic growth.

While Austrian GDP per capita increased by 1.0% in real terms, the growth rates of GRP per capita ranged from 0.5% in Lower Austria to 1.7% in Styria. Its highest nominal values were recorded in Salzburg (€53 600) and Vienna (€52 700), while the eastern and southern regions remained below the Austrian average of €44 800.

Highest disposable income per capita in Vorarlberg

As in the previous years, households in Vorarlberg had the highest disposable income per capita, at €25 200 (see table 2). Lower Austria (€25 100), Burgenland (€24 800), Salzburg (€24 700), and Upper Austria (€24 500) also recorded a disposable income per capita above the Austrian average of €24 000. Vienna's households' disposable income remained the lowest, at €22 500. However, in contrast to previous years it showed above average growth in 2019. In line with the strong jobs growth in the capital, the increases of both compensation of employees and mixed income were clearly above the Austrian average. In contrast to GRP, which relates to the place of work, disposable income is assigned to the place of residence.

For further information concerning Regional Accounts and for 2018 results on NUTS level 3 please refer to our website.

Information on methods, definitions: Regional Accounts are issued annually and provide data for major economic aggregates. Data are compiled for NUTS 2 regions (in Austria: Länder) and NUTS 3 regions (further information on our website). Regional Accounts data correspond to the concepts of the European System of Accounts 2010 (ESA 2010). 
Gross Regional Product (GRP) is the regional equivalent of Gross Domestic Product (GDP). Regarding GRP per capita, attention should be paid to the fact that GRP relates to the place of work, whereas the population figures used to calculate GRP per capita relate to the place of residence; i.e. transregional commuter movements are not taken into account. 
Total employment comprises employees and self-employed. Regional classification of employment is made according to the place of work. 
Disposable income is the balancing item of the secondary distribution of income account which records redistribution of primary income through current transfers (taxes on income and wealth, social contributions and benefits, other current transfers). In contrast to GRP, disposable income is allocated to the place of residence.

Table 1: Gross regional product and employment 2019
LandGRP 2019GRP per capita 2019Employment 2019
at current pricesbased on previous year's pricesat current pricesbased on previous year's prices
in millions of eurosannual change in  %in eurosannual change in %number of jobsannual change in %
Austria397 5751.444 8001.04 815 0001.3
Burgenland9 2731.631 6001.2133 0000.8
Lower Austria61 7060.936 7000.5786 0001.1
Vienna100 3481.252 7000.61 112 9001.8
Carinthia21 5060.838 3000.8284 5000.7
Styria50 8312.040 8001.7679 8001.2
Upper Austria68 3801.546 0001.0824 8001.2
Salzburg29 8521.753 6001.2340 1001.1
Tyrol36 3831.848 1001.4442 6001.4
Vorarlberg19 1621.848 4001.0210 7001.2
Extra-Regio1)135-1.3..700-2.7

 

Table 2: Disposable income of households 2019 at current prices
LandDisposable income 2019 
at current prices
Disposable income per capita 2019Share of total disposable income 2019Share of resident population 2019
in millions of eurosannual change 
in %
in eurosin %in %
Austria213 4603.324 000100.0100.0
Burgenland7 2933.224 8003.43.3
Lower Austria42 1523.025 10019.718.9
Vienna42 8993.522 50020.121.4
Carinthia13 2232.623 6006.26.3
Styria29 7753.123 90013.914.0
Upper Austria36 3953.824 50017.116.7
Salzburg13 7613.424 7006.46.3
Tyrol17 9873.323 8008.48.5
Vorarlberg9 9753.425 2004.74.5

Grafik 5

For further inquiries please contact Directorate Macro-economic Statistics, Statistics Austria:  
Christian LEUPOLD, Tel. +43 1 71128-7705 resp. christian.leupold@statistik.gv.at

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