Statistische Nachrichten - Summaries December 2021

Statistische Nachrichten in the year 2021

Due to the coronavirus pandemic 2021 was another difficult year and we are happy, that it was possible to publish all issues on time. We hope that refereeing will continue in 2022 as we were used to before. As many of our subscribers are working from home Statistics Austria makes the latest issue available as a free download.

Grafik 2  Merry Christmas and a good start into the New Year

Minimum Income Scheme and Social Assistance

Results for the provinces

In 2020, 207 122 persons (annual average) were supported by the Minimum Income Scheme (“Mindestsicherung”) or by Social Assistance (“Sozialhilfe”). In spite of COVID-19-pandemia the figure decreased by 5 070 (-2.4%) compared to the previous year. The average monthly expenditure per community in need reached EUR 699 (per person: EUR 365) and was highest in Vorarlberg (EUR 807) and in Tyrol (EUR 774). The total expenditure (subsistence, housing needs, protection in case of sickness) amounted to EUR 959 million (EUR 46 million or 5.0% more compared to 2019). Corresponding to the number of recipients (66%), the major part thereof was spent in Vienna (EUR 662 million).

Game Statistics in 2020/21

Due to COVID-19 pandemic with a total of 732 000 game shot in the hunting year 2020/2021 the number decreased by 12.7% compared to the season before. Thereof, the number of furred game shot (628 000; -9.1%) and the number of game birds shot (103 000; -29.7%) declined as well. Further 130 000 annual permits for game hunting (-1.2%) were valid during this season and 8 500 guest hunter permits (-29.2%) were released.

Corporate Tax Statistics 2017

Corporate Tax Statistics is based upon administrative data provided by the fiscal administration. Liable to corporate taxation is income earned by legal entities. The tax assessment is carried out in accordance with the provisions of the Corporate and Income Tax Act. In 2005 the corporate tax was lowered from 34% to 25% and the possibility of joint taxation for company groups was introduced. In the year 2017, 151 197 cases were assessed which meant an increase in comparison to the previous year of 2.7%. In 97.1% of all cases individual corporations were assessed, only 2.9% of assessments concerned company groups (4 413 cases). The ratio between cases of taxation and cases with zero tax liability did not shift noticeably. The cases of taxation had a share of 61.7% (previous year: 61.2%). The taxable income increased in the year 2017, namely by 8.2% or EUR 2 687 million, and amounted to EUR 35 485 million. The corporate tax increased in a similar way by 8.0% to EUR 8 973 million. Despite the low numeric share of company groups of merely 2.9% they generated 42.1% (EUR 14 931 million) of the taxable income. In 2017 the repaid profits for losses by foreign group members considered in previous years were higher than the considered losses for the third time and amounted to EUR 95 million. Company groups contributed an overall of 41.7% (EUR 3 740 million) to the tax revenue. In 2017, like in previous years, the majority of corporation tax revenue was allocated to the few highest-earning enterprises. Those 2.8% of all cases assessed which had a taxable income of EUR 1 million or more accounted for 75.1% of the total tax revenue. On the other hand, 65.0% of all cases assessed in 2017 had no or less than EUR 20 000 taxable income and generated only 1.8% of the total tax revenue.

CPI of October 2021

The inflation rate of the Consumer Price Index (CPI, base year 2020) in October 2021 was 3.7% (September 2021: 3.3%). This was the highest value since September 2008. Expenditures for transport (+11.4% compared to October 2020, including fuels +32.8%) proved to be the most important price driver, followed by expenditures for housing, water and energy (+4.7%, including heating oil +60.8%). The CPI 2020 was at 104.1, while the average price level increased by 0.6% compared to September 2021. The index level of the Harmonised Index of Consumer Prices (HICP, base year 2015) was 113.00 in October 2021 (September 2021: 112,23 revised) with a harmonised inflation rate at 3.7%. For further in-depth explanation of the general principles and applied computation methods, please refer to the methodological information note on the compilation of the CPI in the context of COVID-19 (discontinued August 2021) in the internet or to the article “Effects of COVID-19 on the calculation of the Consumer Price Index – Information on methodology”.

Construction Output Price Index 2020

Revision of all construction branches

Construction output price indices have been compiled in Austria since 1971 and have a long-standing tradition. They observe the quarterly development of market prices of construction operations and serve as a deflator to determine the real change in construction output figures. Construction output prices are published quarterly for all five construction branches, that is, construction of residential buildings, other building construction, construction of roads, bridge construction and other civil engineering. The 2020 revision takes account of significant trends and changes such as the use of new construction material and technologies, an increase in efficiency, new environmental standards and new construction service descriptions. The article describes the revision work, shows the new baskets of goods (base year 2020) and presents major changes.

Private Household Consumption Expenditure 2020

This article provides an overview of the recent results of private household consumption expenditure as part of Austrian national accounts for the year 2020. Consumption expenditure of resident private households amounted to EUR 181 294 billion in 2020. That is EUR 20 332 per person or EUR 45 455 per household. Compared to 2019 private consumption expenditures (at previous year's prices) fell by 8.7% in 2020. This is the sharpest decline ever recorded in record-keeping history (since 1956). Private consumer spending declined more strongly than gross domestic product, which showed a decline of 6.7%. Due to lockdowns the steepest declines were in the second (-15.5%) and the fourth (-8.8 %) quarter of 2020. Although consumption recovered during the summer, it stayed 5.6% below the previous year third quarter.