Economy Of Fieberbrunn
The mixed economy of Fieberbrunn blends aspects of the social and market economies. In the town, the private sector is free to manufacture and distribute goods and services in accordance with supply and demand. In addition, the municipality has a public sector that, in response to community needs and preferences, offers public goods and services including infrastructure, health, education, and security.
With its varied economic sectors—agriculture, industry, and services—Fieberbrunn boasts a balanced economy. A main industry in the town generates natural resources and raw commodities including timber, cattle, and crops. In addition, the town features a secondary industry that turns natural resources and raw materials into completed goods and products such furniture, textiles and food. A tertiary industry in the town also offers intangible goods and services including banking, tourism, and trade.
Fieberbrunn boasts a thriving economy as evidenced by several economic measures including the GDP, unemployment rate, and income per capita. The GDP of the town is high since it represents the whole worth of all the products and services generated there in a certain amount of time. In addition, the town boasts a low unemployment rate—that is, the proportion of the work force actively seeking employment but being unable to locate one. Additionally, the municipality boasts a high per capita income, or the average income of every resident for a specified time frame.
| Feature | Value |
|---|---|
| GDP per capita | € 28,800 (2019) |
| Unemployment rate | 3.2% (2020) |
| Tourism revenue | € 54.7 million (2019) |
| Tourist arrivals | 303,000 (2019) |
| Main sectors | Tourism, cheese, wood, metal |
Major Industries
The principal sources of income and employment for the town and the surrounding area are the several large industries in Fieberbrunn. Of the most significant are:
- Tourism: Tourism is the biggest and most important industry in Fieberbrunn since it produces a lot of money and jobs. The town draws millions of tourists annually who come to take advantage of the amenities and services, the events and activities, and the natural and cultural attractions. A well-developed and kept up tourist infrastructure in the town comprises hotels, apartments, guesthouses, farms, campgrounds, restaurants, cafes, bars, stores, cable cars, ski lifts, ski schools, ski rentals, ski buses, and tourist offices. Together with winter and summer sports, family and leisure activities, culture and arts, gastronomy and wellness, and more, the town offers a high-quality and standard tourist offer.
- Agriculture: Practicing for ages by the local farmers and peasants, agriculture is the oldest and most traditional industry in Fieberbrunn. Producing a variety of crops including wheat, barley, oats, rye, corn, potatoes, and vegetables, the town boasts rich, productive terrain. A good and varied environment in the town also makes it possible to raise a variety of animals, including horses, goats, sheep, pigs, and chickens. Agricultural items and goods produced and sold by the town include milk, cheese, butter, yogurt, meat, eggs, honey, and jam.
- Woodworking: With a long and rich tradition of creating and conserving many types of wood art, including painting, sculpture, carving, and ceramics, woodworking is a well-known and esteemed industry in Fieberbrunn. Wood is abundant and renewable in the town; it comes from the surrounding mountains and forests. Along with these experienced and gifted craftspeople are potters, painters, sculptors, carvers, and woodworkers in the town. Among the many woodworking goods and products the town makes and sells are toys, decorations, cutlery, furniture, and mementos.
Employment Landscape
There are many of chances and difficulties for both businesses and employees in Fieberbrunn because of its dynamic and varied work environment. Because there are many jobs in the community, most people who are able and eager to work have one. Few of the competent and willing to work individuals in the community are unemployed, which is another benefit of its low unemployment rate.
Employees, independent contractors, employers, and family workers make up Fieberbrunn’s job landscape. A large percentage of the population in the town is employed, or works for someone else for a pay. Another large percentage of the town’s population is self-employed, or those who work for themselves and make either a profit or a loss. Employers are those who employ and compensate others to labor for them; they are also few in the community. In the town, there are also few family workers—those who labor for their family company without getting paid.
Different sectors and industries, such agriculture, industry, and services, make up Fieberbrunn’s job landscape as well. The town has a sizable percentage of services, or businesses that offer intangible goods and services such banking, tourism, and trade. Additionally, the town’s industry—which is the process of converting natural resources and raw materials into completed goods and products like furniture, textiles, and food—is little. The percentage of agriculture in the town is likewise low; agriculture is the production of raw materials and natural resources, such wood, cattle, and plants.
