The Institute for Advanced Studies shows new numbers. Experts look into the future until the year 2030. The economy in Austria grows only a little. On average it grows by 1 percent each year. This is less than in the past years.
There are many uncertainties in the world. Wars and crises can change the prediction. Still there is good news. The building sector shall recover. Also the sale of goods to other countries shall rise again. The prices for goods rise less fast now.
In Austria many workers are missing. This is called a Fach-KrAfte-Mangel. Therefore the number of unemployed people sinks. Until the year 2030 the rate shall fall to 6,4 percent. This happens because many people retire. The economy grows as strong as in other Euro countries.
