Both indicators are important indicators in the context of the United Nations 2030 Agenda and the European Commission's Beyond GDP initiative, which represent a broader approach to measuring prosperity and well-being.
The two indicators are calculated on the basis of EU-SILC data with the help of EUROMOD. Important input factors are the population forecast and the household forecast from Statistics Austria as well as the development of employment, unemployment, wage income and inflation based on the respective WIFO economic forecast. As EU-SILC is only available with a delay, the two indicators are also estimated for past years (nowcast).