Asian Surveying & Mapping
Breaking News
Indian Small Satellite Launch Vehicle Fails in Maiden Launch Attempt
India’s new Small Satellite Launch Vehicle failed to orbit...
M2 satellite delivers Australia’s first high-res Earth observation images
A UNSW Canberra Space satellite mission, known as M2,...
Japan plans green transition road map for emissions-heavy industries
TOKYO -- Japan will outline steps for a green...
Mappls RealView by MapmyIndia Launched as Google Street View Competitor in India
Mappls RealView was launched by MapmyIndia in India on...
Earth Observation Drones Global Market to Surpass $18.2 Billion by 2032
The "Earth Observation Drones Market - A Global and Regional...
China’s Long March rocket launches 16 satellites
According to the Chinese news agency, Xinhua, 16 new satellites...
Russia Fires Iranian Satellite Into Space, Prompting Spying Concerns
This is the moment Russia launched an Iranian space...
NEA AND SLA SIGN MOU TO SHARE GLOBAL NAVIGATION SATELLITE SYSTEM (GNSS)-DERIVED MOISTURE DATA FOR WEATHER MONITORING APPLICATION
Singapore – The National Environment Agency (NEA) and the Singapore...
UAE to develop SAR satellite constellation for remote sensing
The UAE Space Agency, on Monday announced a new...
China launches new group of remote sensing satellites
XICHANG - China successfully launched a new group of...

June 13th, 2017
More Purchasing Power in Austria in 2017 – Same for Switzerland, but Only in National Currency

Bruchsal, Germany, June 13, 2017 – Two new GfK purchasing power studies evaluate purchasing power in Austria and Switzerland in 2017. The studies reveal substantial regional differences both within and between these two countries. GfK’s 2017 purchasing power data for Austria and Switzerland is now available.

GfK forecasts a per-capita purchasing power of €42,142 for Switzerland in 2017. According to the study, the total purchasing power for Switzerland in 2017 is €350.9 bil. (excluding Liechtenstein).

Austrians have an average of €22,597 per person for consumption-related expenses as well as rent and living costs. GfK reports a total 2017 purchasing power for Austria of approximately €196.6 bil.

By way of comparison, Germany’s total purchasing power amounts to €1,827.5 bil. This is not surprising given Germany’s approximately 81 mil. inhabitants compared to 8.3 mil. in Switzerland and 8.7 mil. in Austria. In 2017, Germans have an average per-capita purchasing power of €22,239.

Purchasing power measures the available net income of the population, including government subsidies such as unemployment assistance, child benefit and pension contributions. GfK’s study focuses on illuminating the regional differences in these values. The study thus reveals the regional distribution of purchasing power within and between the evaluated countries.