By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Dynamic Business Location.

Austria’s vocational training is tops

students at the university © ABA / Richard Tanzer

The index compares the employment, education and further education rates of people aged 16-24 from 34 OECD countries. Austria is rated fourth behind Switzerland, Germany and Iceland.  

Apprenticeship training as well as the education guarantee up to the age of 18 are responsible for Austria’s good performance. As a result, there is a comparatively low drop-out rate among young people who are neither in school or undergoing vocational training. Austria has a rate of 11.7% for the young people at the age of 20-24, slightly behind Germany with 9.3% but ahead of the overall winner Switzerland with 12.2%. The OECD drop-out average is 17%. PwC experts also gave Austria good marks in its measures to strengthen mathematical and scientific competencies (MINT subjects – mathematics, informatics, natural sciences and technology).

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Smart Manufacturing and Artificial Intelligence in Austria

    5.08.2021/15.00 CST (China Standard Time), Virtual Event

  • Meet us @ Belt and Road Summit Hong Kong 2021

    01.09-02.09 2021, Virtual Event

Austria Map

Find the perfect location for your company

Reliability and expertise in the country and in the company are the convincing factors in selecting a business location. We can be justifiably proud but can still become even more attractive. This is something Austria should increasingly work on in the future!

Pfizer

Logo
More testimonials

news from the business location Austria

Online real estate specialist Propster obtains fresh capital

A digital “all-round programme” for implementing real estate projects is offered by the Viennese startup Propster established in 2017.

4 Reasons for Evaluating Austria as the First Step for Internationalisation of Your Startup

Just recently the latest edition of the Austrian Start Up Monitor was published. The report, once again, shows that Austria has a very dynamic founder scene. Just think of Prescreen, mySugar, Bitpanda or Bitmovin; Austria has spawned numerous, internationally well-known flagships within the startup community.

More news All blog posts