The economic outlook has clouded worldwide since the last WIFO forecast. This also has consequences for the expected recovery
in Austria. Leading indicators point to an economic slowdown that will predominantly affect industry in 2022. In contrast,
tourism will contribute disproportionately to economic growth in 2022. After +4.8 percent in the previous year, WIFO expects
real GDP growth of 4.3 and 1.6 percent for 2022 and 2023, respectively.
