House Prices/GDP per Capita in Austria compared to Europe
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Alphabetically |
Ascending Rank |
Descending Rank
| Russia |
164.48x
|
| Ukraine |
158.30x
|
| Moldova |
62.77x
|
| UK |
62.51x
|
| Serbia |
51.91x
|
| France |
41.56x
|
| Italy |
34.30x
|
| Austria |
32.40x
|
| Turkey |
29.06x
|
| Poland |
28.02x
|
| Macedonia |
26.71x
|
| Montenegro |
25.88x
|
| Czech Rep. |
25.66x
|
| Hungary |
24.65x
|
| Portugal |
23.96x
|
| Slovak Rep. |
23.29x
|
| Malta |
22.40x
|
| Bulgaria |
21.85x
|
| Romania |
20.78x
|
| Spain |
20.46x
|
| Latvia |
20.25x
|
| Croatia |
20.16x
|
| Lithuania |
19.73x
|
| Greece |
19.55x
|
| Finland |
18.85x
|
| Netherlands |
18.74x
|
| Switzerland |
17.71x
|
| Sweden |
16.96x
|
| Slovenia |
16.72x
|
| Estonia |
15.03x
|
| Norway |
14.55x
|
| Germany |
12.72x
|
| Denmark |
9.87x
|
| Belgium |
9.09x
|
| Cyprus |
8.16x
|
| Luxembourg |
5.49x
|
Austria: House price to income ratio
The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.
The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.
Austria generates quarterly house price indices for Vienna and for all-Austria, based on private sources, but no actual house prices, and no rents data. The house price indices are available from the Oesterreichische Nationalbank (Central Bank). Good general economic statistics come from Stastik Austria.