Austria Economy

The Austrian economy with a population of 8.3 Million (Est 2009) ranks 35th in the world with a GDP PPP of 330 billion and GDP PPP per capita of 39,634 vs 47,284 (United States) according to the IMF in 2010. Its currency the Euro (EUR) which is the 2nd most traded currency in the foreign exchange market. Bank deposits held for a fixed term in Austria in English are sometimes called fixed deposits or Festgeld in German. According to its inflation was 0.5% in 2009 and 1.9% in 2010