Parliamentary elections were held in Austria on 9 October 1994. The Social Democratic Party of Austria (SPÖ) and Austrian People's Party (ÖVP) remained the largest parties, but both suffered losses to minor parties. The Freedom Party of Austria (FPÖ) improved to 22.5% and The Greens won 7.3%. The Liberal Forum, a liberal splinter from the FPÖ, won 6.0% and entered the National Council on its first attempt. The incumbent grand coalition of the SPÖ and ÖVP was renewed.

The Freedom Party of Austria is a national-conservative and right-wing populist political party in Austria. It has been led by Herbert Kickl since 2021. It is the third largest of five parties in the National Council, with 30 of the 183 seats, and won 16.2% of votes cast in the 2019 legislative election and it is represented in all nine state legislatures. On a European level, the FPÖ is a founding member of the Identity and Democracy Party and its three MEPs sit with the Identity and Democracy (ID) group.