Austria Binary Options Resources
As part of our individual Western Europe country specifically market data guides, we present to you below a wealth of information surrounding Austria.
As a trader you will always be actively seeking out potential Binary Options trades to execute on a range of different companies based in different countries around the globe, and as such we invite you to take a look at just how well Denmark has been doing over the last few years by reading on as there may be quite a number of potential up and coming trades that will see you locking in a profit!
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National Bank
The Austrian National Bank website is where you will find a wealth of information in regards to the regulation of all banking institutions that are licensed to operate in Austria. Recent ratings given for Government Bonds in Austria are as follows: Standard & Poor’s: AA+, Moody’s rating: Aaa and Moody’s outlook for Austria is: STA.
Austria is a signed up full member of the Euro system and they are part of the European Central Bank. As such they use the Euro currency.
Austria International Financial Reserves
Based on the latest set of figures released Austria has International Reserves of US$ 26.509 billion.
Real GDP Growth in Austria
Based on the last batch of finalised reports in the last 12 years Austria had one year of negative real GDP growth which was in 2009, when the real GDP growth for Austria was reported as being -2.9%.
The figures for real GDP growth since 2003 to 2014 are as follows: 2003 0.8%, 2004 2.5%, 2005 2.4%, 2006 3.7%, 2007 3.7%, 2008 3.7%, 2009 -3.9%, 2010 1.8%, 2011 2.8%, 2012 0.9%, 2013 0.3%, 2014 1.0%.
Austria GDP as a Percentage of Composition by each Market Sector
The following three market sectors and their respective figures are the percentage of composition on each of those market sectors of GDP of Austria.
The Agriculture market sector makes up 1.6% of GDP in Austria, whilst the Industry market sector makes up 28.6% of the total GDP in Austria and the Services market sector is responsible for 69.8% of total GDP in Austria.
Inflation and Unemployment in Austria
The rate of inflation in Austria over the last five years has been reported as being as follows: 2011 3.6%, 2012 2.6%, 2013 2.1% and in 2014 1.7% and to date in 2015 the rate of inflation was 1.7%. Unemployment in Austria again over the same five year period has been reported as being 2011 4.2%, 2012 4.4%, 2013 4.4%, 2014 5.0%, and in 2015 4.9%.
Where to Place Binary Options Trades on Companies Based in Austria
Having just read the financial date regarding Austria above you may now be interested in placing some Binary Options trades on companies who are based or operate in that country. If so then one Broker that we know you will be interested in using to place those trades at is Porter Finance for they offer a bonus which is worth up to $200 for new traders and profits on trades placed there can be as high as 83%.