The WIFO Radar of Competitiveness for the Austrian Economy 2025
Focus Topic: Price Trends in Tourism as a Competitive Factor
The WIFO Competitiveness Radar is a tool used to analyse Austria's attractiveness as a business location. It considers economic, social, and environmental factors. Although Austria has stabilised its position following a recent decline in its average percentage rank, it still lags behind the top third of comparable European countries. The sharp rise in prices in the accommodation and catering industry is putting pressure on real incomes and driving inflation. As a result, domestic tourism has lost its price competitiveness in recent years in international comparison. This year's special topic examines the causes and identifies options for action.