OECD: Austria ranks among Europe's top economic performers
According to the most recent OECD statistics, Austria is one of Europe's strongest nations economically: in comparisons of per capita GDP, Austria ranks fourth among the 15 EU states - ahead of Germany, Holland and France. Austria ranks equally well among the world's industrial nations - only 8 countries can claim greater economic strength, including the U.S. (ranked 2nd) and Japan (5th).
Austria's stable economic climate is further reflected in a hard schilling and a healthy labor market: its inflation rate in 1996 was just 1.9 percent, and with an unemployment rate of just 4.1%, Austria ranked behind only Luxembourg (3.1%) among EU nations.
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