Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Transparency in public procurement
Austria’s public procurement notices are made available online and tender documents transparently detail procurement procedures. The transparency of the process encourages more participation and competition, which can drive value for money.
Summary credit rating
Austria's institutional strength, stable financial system and high GDP per capita has helped it maintain a summary credit rating of AA+ from major agencies. This lowers the cost of borrowing and as a result the cost of funding investment in infrastructure.
Financial stability
The International Monetary Fund’s 2019 Financial System Stability Assessment concluded that a well-capitalised banking system, robust regulatory framework and prudential policy actions had further lowered risks in an already resilient system. The impact of the COVID-19 pandemic is a concern.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Procurement:
Transparency in public procurement
Funding capacity:
Summary credit rating
Financial markets:
Financial stability
Opportunities to Grow
Published infrastructure procurement guidelines
Austria does not publish guidelines for the procurement of infrastructure projects. Publishing guidelines makes contractors aware of the government’s processes, expectations and requirements. This improves transparency and helps achieve better value for money.
Market sounding and/or assessment
There is no formal requirement for a market sounding process for infrastructure projects in Austria. Adding one could allow the government to better determine if there is interest from investors and lenders to provide commercial financing for projects.
Value of closed PPP infrastructure deals
The value of closed PPP infrastructure deals as a proportion of GDP is the third lowest out of the High Income Countries, at only 0.006%. This is, significantly lower than the High Income Countries’ average of 0.11%. A low value may reflect a preference for traditional delivery models.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Procurement:
Published infrastructure procurement guidelines
Planning:
Market sounding and/or assessment
Activity:
Value of closed PPP infrastructure deals
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Austria
High Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
53,332 USD
8.9 million persons
Infrastructure quality89.0 (0-100 best)
447.7 USD billion
GDP growth rate1.6%
GDP per capita growth rate-2.6%
Gini coefficient30.5 (0-100 worst)
Gross Government Debt71.0% of GDP
Inflation rate1.5%
Summary credit rating96.0 (0-100 best)
Unemployment rate4.6%
Urbanisation ratio58.0% of total population
Road connectivity81.9 (0-100 best)
6.0 (1-7 best)
Efficiency of train services5.3 (1-7 best)
Efficiency of air transport services5.2 (1-7 best)
Efficiency of seaport services3.7 (1-7 best)
Electricity access100.0% of population
Electricity supply quality4.4% of output lost
Exposure to unsafe drinking water0.2% of population
Reliability of water supply6.9 (1-7 best)
Digital Adoption Index0.9 (0-1 best)
Mobile-broadband subscriptions88.0 per 100 population
Fixed-broadband Internet subscriptions28.4 per 100 population