Population, Total for Austria
POPTOTATA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,178,482.00
Year-over-Year Change
8.88%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Austria' trend measures the total population of Austria over time. This data is vital for policymakers and economists to understand demographic shifts and their economic implications.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the total population residing within the geographical boundaries of Austria. It is an essential indicator for analyzing population growth, density, and distribution, which are key factors in economic and social planning.
Methodology
The data is collected by the World Bank through national statistical agencies and census surveys.
Historical Context
Population data is crucial for informing decisions on public services, infrastructure, labor markets, and other economic policies.
Key Facts
- Austria's total population was 8.9 million as of 2021.
- Austria's population has grown by over 10% since 2000.
- The median age in Austria is 42.5 years.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Austria' trend measures the total number of people residing within the geographical boundaries of Austria over time.
Q: Why is this trend relevant for users or analysts?
A: Population data is crucial for understanding demographic shifts and their economic implications, informing decisions on public services, infrastructure, labor markets, and other economic policies.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through national statistical agencies and census surveys.
Q: How is this trend used in economic policy?
A: Population data is used by policymakers, economists, and institutions to analyze population growth, density, and distribution, which are key factors in economic and social planning.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in availability depending on national statistical reporting.
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Citation
U.S. Federal Reserve, Population, Total for Austria (POPTOTATA647NWDB), retrieved from FRED.