The strong recovery has peaked
Structural fiscal position has improved
Austrian banks' balance sheets can be strengthened further but monetary transmission works well
Financial intermediation remains centred on bank credits
Housing market risks have been contained so far but may be increasing
Well-being is high and regionally balanced
Income inequalities are relatively low
The distribution of private wealth is more unequal than the income distribution
Structural changes in employment went smoothly so far, but more is to come
Skills could be improved to ease recruitment challenges
Increased mismatch in labour supply
Participation in life-long learning can be raised further
Regional imbalances in labour market
Gender gaps remain large
High-educated migrants are more likely to be unemployed or overqualified for their jobs
Migrants' integration can be improved
Environmental indicators
Effective carbon rates in Austria and selected countries by sector and component
Urban sprawl and municipal fragmentation
Migrants are sustaining higher employment (graph)
Labour force participation is still low
Marginal and average tax wedges hinder labour force participation
There are risks on long-term public finance
Productivity growth has slowed down
Digitalisation gaps
Structural reforms can support productivity through digital adoption
Traditionally strong export performance has weakened somewhat
Performance differences between manufacturing and services are weighting on aggregate productivity
Product Market Regulations remain generally restrictive
Service markets can be opened to freer international trade and competition
Inflationary pressures in services
Potential impact of structural reforms on per capita GDP
The public sector is very large and its performance can be improved
The structure of general government revenue and spending remained broadly stable over two decades
Corruption risks