## Austria: Staff Report for the 2002 Article IV Consultation

_IMF Staff Country Reports, August 14, 2002_

## Source details

**Canonical URL:** [Austria: Staff Report for the 2002 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/30/austria-staff-report-for-the-2002-article-iv-consultation-16029)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/austria-staff-report-for-the-2002-article-iv-consultation-16029/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/30/austria-staff-report-for-the-2002-article-iv-consultation-16029/index.json)
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## Bibliographic details
- Published: August 14, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451802337.002

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### Economic outlook and growth projections
- After decelerating sharply in 2001, economic growth in Austria is projected to strengthen gradually during 2002, parallel to the expected improvement in the global economic climate.
- Real GDP growth is projected to average 1 percent in 2002.
- Recovery in investor confidence and strong competitiveness are cited as supporting factors for the projected growth.

### Labor market
- Despite the recent increase, the unemployment rate remains one of the lowest in Europe at about 4 percent.

### Fiscal policy and government stance
- The government intends to stick to its fiscal adjustment plan in 2002.

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## Content in this bundle

- **IMF Concludes 2002 Article IV Consultation with Austria**
  - [IMF Concludes 2002 Article IV Consultation with Austria (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2002/_cr02184.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF Concludes 2002 Article IV Consultation with Austria (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2002/_cr02184.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/austria-staff-report-for-the-2002-article-iv-consultation-16029_