© xbrchx_istock.adobe.com
27.07.2022
Economic Development in the Austrian Federal Provinces in 2021
Weaker Upswing in Tourism-intensive Regions
In the second year affected by the COVID-19 pandemic, the Austrian economy recovered noticeably, showing an upswing in all federal provinces. Nevertheless, the after-effects of the crisis continued to influence the regional economic picture.
Tyrol and Salzburg, as the most tourism-intensive provinces, lagged behind the other provinces in terms of growth. Except for the hotel and restaurant industry, all sectors of the economy benefitted from the upswing, so that employment quickly returned to its pre-crisis level – only in Tyrol, Salzburg and Vorarlberg was this still not the case in 2021.
Publications
WIFO-Monatsberichte
05.07.2022
Economic Development in the Austrian Federal Provinces in 2021
Finalization: June 2022
Specialist publication: WIFO-Monatsberichte
JEL-Codes: R10, R11, O18
Please contact
Regional Economics and Spatial Analysis
Regional Economics and Spatial Analysis
Further news
Retail Business Cycle Report in Cooperation with the Austrian Retail Association
08.05.2025
Video: Research Seminar with Nikolaus Kowall
30.04.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of April 2025
29.04.2025
Exchange between ibw, IHS, L&R, öibf and WIFO
08.04.2025
Austria's GDP Falls by 0.23 Percent in the Short-term and by 0.33 Percent in the Medium- to Long-term
04.04.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of March 2025
28.03.2025
Event postponed due to illness: WU matters. WU talks. - Keynote by Sigmar Gabriel
26.03.2025
Video: Research Seminar with Katharina Wrohlich
24.03.2025
Research Group Macroeconomics and Public Finance
21.03.2025
Video: Research Seminar with Mario Liebensteiner
17.03.2025
Call for Papers – Deadline for submissions: 15 July 2025
07.03.2025
German Society for Tourism Science Honours WIFO Economist
07.03.2025