Austria
Austria's population was estimated to be nearly 9 million (8.83) in 2018 by the Statistik Austria. The population of the capital, Vienna, exceeds 1.8 million (2.6 million, including the suburbs), representing about a quarter of the country's population. It is known for its cultural offerings and high standard of living.
Economy of Austria
Austria is one of the 14 richest countries in the world in terms of GDP (Gross domestic product) per capita, has a well-developed social market economy, and a high standard of living. Until the 1980s, many of Austria's largest industry firms were nationalised; in recent years, however, privatisation has reduced state holdings to a level comparable to other European economies. Labour movements are particularly strong in Austria and have large influence on labour politics. Next to a highly developed industry, international tourism is the most important part of the national economy.