Austria should set a timeframe to increase its aid budget in line with a pledge to allocate 0.7% of its gross national income (GNI) to development aid, according to an OECD Review.
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At 5%, Austria’s unemployment rate is high in a historical perspective though still lower than in most OECD countries. The same is true for the youth unemployment rate, which at 10% is twice the level of the rate for the total labour force. While the employment rate in 2014 is above the rate before and during the crisis, the reversal in the increase in unemployment is yet to come.
Specific country notes have been prepared using data from the database OECD Health Statistics 2014, June 2014 version. The notes are available in PDF format.
The average worker in Austria faced a tax burden on labour income (tax wedge) of 49.1% in 2013 compared with the OECD average of 35.9%. Austria was ranked 3 of the 34 OECD member countries in this respect.
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Note summarising the performance of 15-year-old students in Austria in the PISA 2012 assessment of mathematics, reading and science.
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Highlights for Austria from Pensions at a Glance which is a comprehensive examination of pension systems in OECD and selected non-OECD countries looking at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions.
These country notes contain indicators which compare the political and institutional frameworks of national governments as well as revenues and expenditures, employment, and compensation. They include a description of government policies on integrity, e-government and open government.
Two rounds of the Survey of Adult Skills are under way: Round 1 (2008-13) with 24 participating countries, whose results were released in October 2013, and Round 2 (2012-16) with 9 participating countries, whose results will be released in 2016. A third round is scheduled to begin in May 2014.
Environmental goods and services are now a bigger driver of Austria’s economy and job market than traditionally strong sectors like tourism and construction, thanks to the government’s policy of subsidising green investments, a new OECD report shows.
The global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments, according to a new OECD report.