Within Regional Accounts, the following aggregates are calculated for the 35 Austrian NUTS 3 regions according to ESA 1995 transmission programme: gross value added at basic prices (current prices), total employment and employees (jobs). Additionally gross regional product (GRP = regional GDP) is provided.
The results of regional accounts data
for the reference years 2007
The economic crises in the year 2009
led to a nominal decline of gross regional product in 29 of the 35 NUTS 3-regions
of Austria. The NUTS level 3-Regions, which were most affected by the
crisis, were Steyr-Kirchdorf
In absolute terms Wien (Vienna) had by far the highest economic output of the NUTS 3 regions, with a gross regional product of €72.1 bn in 2009, equating to a 26.2% share of the Austrian total of around €274.8 bn. The second largest region, Linz-Wels, accounted for 8.7% of total Austrian GDP with a GRP of €23.9 bn and was followed by Graz with a GRP of €15.0 bn (5.5% share) and Salzburg und Umgebung with €14.1 bn (5.1% share). These five regions with the highest GRP generated altogether 50.0% of the Austrian GDP. On the other hand, the five regions with the lowest GRP - Lungau, Mittelburgenland, Osttirol, Außerfern and Südburgenland generated altogether 2.1% of GDP.
Measured by GRP per inhabitant (at current prices) the region Linz-Wels was leading, as in the year 2008, with €43 600 before the capital Wien (Vienna) with €42 600. These two regions were followed by the regions Salzburg und Umgebung (€40 800), Wiener Umland-Südteil (€38 600), Bludenz-Bregenzer Wald (€38 300) and in fifth place Graz (€37 900). Austria had a GDP of €32 900 per inhabitant in 2009. Twelve of the 35 Austrian NUTS 3 regions were above the national average, with the remaining 23 regions below it. As in the years before the regions with the lowest GRP per capita were situated at the northern and (south-)eastern border of Austria. The regions with the lowest gross regional product per capita were Weinviertel with €17 600, Mittelburgenland with €19 400, Mühlviertel with €19 800, Südburgenland (€20 000) and West- und Südsteiermark (€20 900).
However, it should be borne in mind that gross regional product (GRP) relates to the place of performance (place of work), whereas the inhabitant figures seen in relation to GRP relate to the place of residence, i.e. transregional commuter movements are not taken into account. (Provincial) capitals, for example, are traditional regions where employees are commuting in.