Business Location Upper Austria Upper Austrian Economic Chamber Upper Austria – in the Heart of Europe
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BUSINESS LOCATION UPPER AUSTRIA UPPER AUSTRIAN ECONOMIC CHAMBER UPPER AUSTRIA – IN THE HEART OF EUROPE Key-Figures of Upper Austria 11.980 km2 1.490.279 inhabitants in Upper Austria 207.843 inhabitants in Linz 101.302 enterprises 661.000 employees Upper Austria ECONOMIC KEY FIGURES Upper Austria % Position Austria GDP* (2020, billion EUR, current prices) 64,2 17,2 2 373,4 GDP Growth Rate* (2020, real) -7,3 % -7,3 % Startup Companies (2019, incl. attendants) 5.559 14,2 4 39.092 Employees in Employment* (December 2020) 661.000 17,8 1 3.716.000 Rate of Unemployment* (December 2020) 7,3 % 1 11,0 % Exports* (export of goods 2019, billion EUR) 40,1 26,1 1 153,5 Export Ratio* (export of goods in % of GDP 2019) 59,3 % 2 38,6 % Industrial Production (2019, billion EUR) 42,8 24,8 1 172,8 *preliminary numbers, estimates Source: AMS, WKO-Statistik, Statistics Austria, WIFO Industrial Production in Upper Austria KEY INDUSTRIES 2019 Billion EUR Upper Austria % Austria Machinery and Metal Goods Industry 12,3 30,3 40,5 Automotive Industry 8,4 45,9 18,2 Chemical Industry 5,2 33,0 15,7 Food Industry 2,3 50,0 4,6 Non-ferrous Metals Industry 2,4 23,0 10,4 Construction Industry 2,1 27,7 7,7 Electrical & Electronics Industry 1,7 10,2 16,4 Source: Stastisics Austria 2020 Business Loaction Upper Austria THE CENTER OF CENTRAL EUROPE 3 hours to Prague, Munich, Vienna, Bratislava,… 6 hours to Zurich, Budapest, Frankfurt, Bozen, Ljubljana, Zagreb,… UPPER AUSTRIA´S TOP 10 TRADING PARTNERS AND EXPORTS BY CONTINENTS 2019 Germany 14,86 USA 2,81 Italy 2,12 France 1,71 Czech Rep. 1,36 America 10,6% China 1,28 Europe 1,27 Poland 77,8% Asia and Oceania 1,23 Switzerland 10,3% UK 1,07 Africa 1,2% Netherlands 0,98 Quelle: Statistics Austria 2020 I exports of goods 2019 preliminary numbers I billion EUR TOURISM & CULTURE IN UPPER AUSTRIA 2019 . 3.277.027 (+4,6%) arrivals . 8.543.753 (+4,6%) overnight stays . 3.814.462 (+6,4%) foreigners . 4.729.291 (+3,2%) natives Source: Land OÖ 2020 I final numbers I Images: Linz Tourism OUTSTANDING ADVANTAGES OF UPPER AUSTRIA . Highly qualified labour force, universtities and senior technical colleges . Trendsetting policies for technology an innvoation: Competence-centers, clusters, networks . Strong and versatile industries and innovative small an medium sized enterprises (SMEs) . Outstanding location (Central Europe) and transportation networks . Moderate business tax . Economic, social and political stability . Attractive offers for leisure time activities and outstanding quality of life .