Country Report Austria 2016

Ülke raporu

  • Avusturya
  • Tarım,
  • Otomotiv/Nakliye,
  • Kimyasal/İlaç,
  • İnşaat,
  • Dayanıklı Tüketim Malları,
  • Elektronik/BT,
  • Finansal Hizmetler,
  • Gıda,
  • Makina/Mühendislik,
  • Metal,
  • Kağıt,
  • Hizmetler,
  • Çelik,
  • Tekstil

28 Nis 2016

In 2015, Austrian business insolvencies decreased by 5%. However, in 2016 the pace of corporate insolvency decrease is expected to slow down to just 2%.

The insolvency environment

Pace of corporate insolvencies decrease expected to slow down in 2016

Austrian business insolvencies decreased by 5% in 2015. However, this positive trend is expected to slow down in 2016, with insolvencies forecast to decline just 2%.

Economic situation

Higher growth expected in 2016

The Austrian economy recorded modest growth of 0.7% in 2015, sustained by rising investments and exports. With an increase of only 0.2%, private consumption growth remained subdued hampered by increased unemployment (9.1%) and lower wage growth.

In 2016, GDP growth is expected to accelerate to 1.7%, as domestic consumption is expected to pick up again.

Private consumption is forecast to increase 1.1% due to an income tax reform in place since January 2016 and slightly decreasing unemployment. Investments are also expected to pick up this year.