<Li> ^ Austrian schilling before 1999; Virtual Euro since 1 January 1999; Euro since 1 January 2002 . </Li> <Li> ^ The . eu domain is also used, as it is shared with other European Union member states . </Li> <P> Austria (/ ˈɒstriə / (listen), / ˈɔːs - /; German: Österreich (ˈøːstɐraɪç) (listen)), officially the Republic of Austria (German: Republik Österreich, listen (help info)), is a landlocked country of over 8.8 million people in Central Europe . It is bordered by the Czech Republic and Germany to the north, Hungary and Slovakia to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west . The territory of Austria covers 83,879 km (32,386 sq mi). The terrain is highly mountainous, lying within the Alps; only 32% of the country is below 500 m (1,640 ft), and its highest point is 3,798 m (12,461 ft). The majority of the population speaks local Bavarian dialects of German as their native language, and German in its standard form is the country's official language . Other local official languages are Hungarian, Burgenland Croatian, and Slovene . </P> <P> The sovereign state of Austria is a federal republic with a parliamentary representative democracy comprising nine federated states . The capital and largest city, with a population exceeding 1.8 million, is Vienna . Other major urban areas of Austria include Graz, Linz, Salzburg and Innsbruck . Austria is consistently ranked as one of the richest countries in the world by per capita GDP terms . The country has developed a high standard of living and in 2018 was ranked 20th in the world for its Human Development Index . The republic declared its perpetual neutrality in foreign political affairs in 1955 . Austria has been a member of the United Nations since 1955, joined the European Union in 1995, and is a founder of the OECD . Austria also signed the Schengen Agreement in 1995, and adopted the euro currency in 1999 . </P>

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