Austria - Balance of payments

The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of Austria's exports was $70 billion while imports totaled $74 billion resulting in a trade deficit of $4 billion.

The International Monetary Fund (IMF) reports that in 2001 Austria had exports of goods totaling $66.9 billion and imports totaling $68.2 billion. The services credit totaled $32.9 billion and debit $31.5 billion.

Foreign direct investment continued to increase at a fast pace in the early 2000s. Foreign direct investment grew in 2000 by $9.2 billion, the highest amount in the post-World War II era. This high figure was due in part to the takeover of Bank Austria, Austria's largest bank, by the German Hypo-Vereinsbank.

The following table summarizes Austria's balance of payments as reported by the IMF for 2001 in millions of US dollars.

Current Account	-4,103
Balance on goods	-1,328
Balance on services	1,361
Balance on income	-2,995
Current transfers	-1,140
Capital Account	-514
Financial Account	1,809
Direct investment abroad	-3,046
Direct investment in Austria	5,898
Portfolio investment assets	-11,867
Portfolio investment liabilities	16,583
Other investment assets	-6,172
Other investment liabilities	712
Net Errors and Omissions	919
Reserves and Related Items	1,888