Austria's most populous city – Vienna – has won the title of the world's best city for quality of life since 2009. It is also one of eight European cities to make the top 10 list, showing the region's dominance in the survey.
Vienna is the cultural, economic, and political center of the country. It has the highest per capita GDP among all Austrian cities at over $55,000. Vienna's ability to transform old infrastructure into modern dwellings won the city the 2010 United Nations urban planning award for improving the living conditions of its residents. Under a multimillion-dollar program, the city refurbished more than 5,000 buildings with nearly 250,000 apartments. Vienna is also the world's No. 1 destination for conferences, drawing five million tourists a year — equivalent to three tourists for every resident.
The country's economy has, however, not been immune to the crisis plaguing Europe, and shrunk 0.1 percent in the third quarter of the year, as the European Union entered its second recession since 2009.