Austria: Staff Report for the 2005 Article IV Consultation
IMF Staff Country Reports, July 25, 2005
Source details
- Canonical URL
- Austria: Staff Report for the 2005 Article IV Consultation
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Bibliographic details
- Published: July 25, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451802368.002
Macroeconomic performance (2004)
- Growth of real GDP rose to 2.2 percent in 2004.
- Economic activity gathered speed in 2004, supported mostly by strong export performance.
- Consumption growth was modest, reflecting:
- small gains in employment, and
- nominal wage growth barely matching inflation.
- Investment demand continued to expand, benefiting from:
- improved prospects for exports, and
- the extension of tax incentives through end-2004.
Structural developments and their impact
- Progress in the structural area has been impressive.
- Structural progress contributed to Austria’s relatively favorable growth performance in the past period.
Policy-relevant topics covered (subjects listed in source)
- Budget planning and preparation
- Expenditure
- Fiscal policy
- Pension spending
- Public debt
- Public financial management (PFM)
Key statistics and publication facts
- Pages: 43
- Volume: 2005
- Issue: 248
- Series: Country Report No. 2005/248
- ISBN: 9781451802368
- DOI: https://doi.org/10.5089/9781451802368.002
International Monetary Fund. "Austria: Staff Report for the 2005 Article IV Consultation", IMF Staff Country Reports 2005, 248 (2005).