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Austria A small GDP per capita gap with respect to the upper half of OECD countries has emerged since 2011. Part-time work has increased faster than in comparable countries, notably among women. Hourly productivity has remained broadly stable at slightly above the average of the upper half of OECD countries. Income inequality remains below the OECD average. The share of disposable income going to the poorest 20% of households is higher than on average in the OECD. Greenhouse gas emissions per capita and per unit of GDP are below the OECD average and continue declining. Fuel tourism accounts for roughly one third of transport-related GHG emissions. Progress on Going for Growth priorities was limited in 2017-18. An expected major reform of the trade law yielded only modest changes. The extension of full-day childcare and schools stalled, halting progress towards better reconciliation of full-time work and childrearing responsibilities. Reductions of employer's contributions slightly lowered the labour tax wedge. Reducing marginal tax rates, eliminating pathways to early retirement and expanding the supply of full-day early childhood institutions would contribute to moving further towards equal participation in the labour market. Enhancing competition in the service sector would strengthen productivity growth. Reducing the strong influence of socio-economic background on education outcomes would foster human capital development. Growth performance, inequality and environment indicators: Austria A. Growth Average annual growth rates (%) GDP per capita Labour utilisation of which: Labour force participation rate Employment rate1 Employment coefficient2 Labour productivity of which: Capital deepening Total factor productivity Dependency ratio
2002-08 1.9 0.7 0.6 0.0 0.1 1.0 0.3 0.7 0.2
2012-18 0.7 0.5 0.3 0.0 0.2 0.4 0.1 0.3 -0.2
Level
Annual variation (percentage points)
2016 28.4 (31.7)*
2013-16 0.2 (0)*
8.2 (7.6)*
-0.1 (0)*
2016 8.6 (10.9)* 0.2 (0.3)* 0.2
Average of levels 2010-16 8.9 (11.3)* 0.2 (0.3)* 0.2
B. Inequality and environment
Gini coefficient3 Share of national disposable income held by the poorest 20%
GHG emissions per capita4 (tonnes of CO2 equivalent) GHG emissions per unit of GDP4 (kg of CO2 equivalent per USD) Share in global GHG emissions4 (%) * OECD simple average (weighted average for emissions data)
C. The gap in GDP per capita remains small Gap to the upper half of OECD countries5 Per cent 6 GDP per capita
GDP per hour worked
4
2
0
-2
-4
-6
Source: Panel A: OECD, Economic Outlook Database; Panel B: OECD, Income Distribution and National Accounts Databases; United Nations Framework Convention on Climate Change (UNFCCC) Database and International Energy Agency (IEA), Energy Database; Panel C: OECD, National Accounts and Productivity Databases. StatLink 2 https://doi.org/10.1787/888933954648