First Vienna Residential Market Report 2023

demographics of austria

A total of 9,039,449 people lived in Austria in 2022 with current forecasts pointing to further growth. This is due to the well-developed infrastructure, comprehensive social benefits, and high-quality leisure activities available in Austria. Austria offers a colourful variety of residential housing and human habitats that are highly appreciated by locals, newcomers, and investors.

Demographic outlook for Austria 2022 to 2080

Age profile of population as at January 1, 2022

9,039,449

10,260,530

Population

> 65 years 19.31%

19.14%

10,000,000

0-19 years

8,000,000

A

6,000,000

Ø age 43.2 years

0-19 years 60.87%

4,000,000

2,000,000

Year

0

2000 2010

2030 2040 2050 2060

2070

2022

2080

Forecast to 2080

→ This corresponds to an increase by 13.5%. → 28.9% of the population will be 65 years or over.

→ The number of people below the age of 20 will fall to 18.8%. → In 2080, more than 10 million people will be living in Austria.

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