22.01.2024

WIFO Radar of Competitiveness 2023

Austria has Recently Caught Up with the Top Third of Comparable European Countries
The WIFO radar of competitiveness tracks Austria's performance as a business location, taking into account economic, social and ecological targets. On average across 24 indicators, Austria has recently caught up with the top third of comparable European countries.

The productivity indicators in 2022, the recovery in tourism and an improvement in the ranking for environmental patents have all contributed to this. In the dimension of labour market and social conditions, Austria has again lost ground.

The WIFO Competitiveness Radar is available here as an interactive application. Time periods or comparative countries can be displayed individually.

 

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