Austria
Female Founders: the fastest growing community for female entrepreneurial minds in Europe
Female Founders is a Vienna-based community for women who share the same values and passion for success…Continue reading
Digitalization
- Internet usage (of pop.)
- 94.2%
- Did online shopping (age 15+)
- 63.9%
- Paid bills via internet (age 15+)
- 61.6%
- Accessed a bank account online (age 15+)
- 64%
- Paid utility bills using a mobile phone (age 15+)
- 21.6%
- Made or received digital payments (age 15+)
- 99.3%
Data overview for Austria
Digitalization
- Internet usage (of pop.)
- 94.2%
- Did online shopping (age 15+)
- 63.9%
- Paid bills via internet (age 15+)
- 61.6%
- Accessed a bank account online (age 15+)
- 64%
- Paid utility bills using a mobile phone (age 15+)
- 21.6%
- Made or received digital payments (age 15+)
- 99.3%
Macro data
- Population 2022
- 9M
- GDP Total 2022
- €448B
- GDP per capita 2022 (PPP)
- €61,600
- GDP forecast 2021
- 5%
- Trade Flows (% of GDP)
- 100.9%
Banking data
- Total bank assets 2022
- €1016.9B
- Total bank assets 2022/GDP
- 227.2%
- Account ownership (age 15+)
- 100%
- Debit card ownership (age 15+)
- 95.5%
Economic data
- Unemployment
- 4.7%
- Currency
- EUR
- Remittances (% of GDP)
- 0.7%
- Private Consumption (yoy)
- 6.3%
Data provided by Raiffeisen Research, Sources
Articles about fintech in Austria
AI is influencing creativity: How do we adapt?
The previous article focused on the definition of Generative AI in the larger field of Artificial Intelligence…Continue reading
Tokenization: Stablecoins and their use cases
Despite the big potential of tokenization, the only tokenized assets that have truly found a product-market fit…Continue reading
AI is changing how we work: How do we adapt?
Humanity has been using the phrase “artificial intelligence” (AI) for almost seventy years, since the phrase was…Continue reading
Introduction to Tokenization: Unlocking the potential of Blockchain Ownership
One of the most notable applications of blockchain technology is tokenization. Tokenization involves representing ownership of an…Continue reading
Five ways Austrian startups approach ESG
The term ESG reflects organization’s Environmental, Social and Governance commitment to sustainability and positive societal impact. In…Continue reading
An investor´s view on corporate venture capital & developments in the CEE fintech ecosystem
Elevator Ventures is the Corporate Venture Capital entity of Raiffeisen Bank International (RBI). With their international team,…Continue reading
The Austrian view of the booming future for startups in Central and Eastern Europe
Please tell us about AustrianStartups – what does the organization do, what is its main purpose and…Continue reading
Austria compared to other CEE countries
Austria
- Internet usage (of pop.)
- 94.2%
- Did online shopping (age 15+)
- 63.9%
- Paid bills via internet (age 15+)
- 61.6%
- Accessed a bank account online (age 15+)
- 64%
Czech Republic
Slovakia
HungaryData provided by Raiffeisen Research, Sources