A federal republic of country of over 8.66 million people, Austria is physically located in Central Europe. Bordered by countries like Germany and Czech Republic in north, Slovakia and Hungary in east, Slovenia and Italy in south, and Liechtenstein and Switzerland in west.

Austria is a parliamentary representative democracy with nine federal states Vienna is the capital and largest city of Austria with a population close to 1.7 million. Currently, Austria is one of the richest countries and has a per capita GDP of US$ 43,546. It was ranked 21^st in the world for Human Development Index owing to the high standard of living. A member of the United Nations for last 60 years, Austria joined the European Union in the year 1995. Austria adopted the euro currency in 1999 after signing the Schengen Agreement in 1995.