Archduchess Elisabeth of Austria (31 May 1922 – 6 January 1993) was a member of the House of Habsburg-Lorraine. She was the youngest daughter of Charles I, the last Emperor of Austria, and his wife Zita of Bourbon-Parma.

Elisabeth was born on 31 May 1922. Her father, Charles I, deposed since 1918, had fallen ill and died from pneumonia on 1 April 1922 two months before she was born. After his death, her pregnant mother Zita was invited by Alfonso XIII of Spain to live in Spain. Zita gave birth to Elisabeth in the Royal Palace of El Pardo in Madrid. She was named after Empress Elisabeth, the wife of Franz Joseph of Austria. Charles had picked the name long in advance, somehow knowing that the baby would be a girl. This new addition to the family had seven older siblings: five brothers (Otto, Robert, Felix, Carl Ludwig, and Rudolf) and two sisters (Adelheid and Charlotte).

By Alfonso's invitation, they took up residence in Palacio Uribarren at Lekeitio in the Bay of Biscay. For the next six years Zita settled in Lekeitio, where she got on with the job of raising and educating her children. Their lessons were under a strict regime, with the greatest volume applying to Otto, and decreasing by age, so that Elisabeth had the smallest workload. Their mother loved to have them all photographed in a line by height, with Otto (the tallest) at one end and Elisabeth (the shortest) at the other end. They lived with strained finances, mainly living on income from private property in Austria, income from a vineyard in Johannisberg, and voluntary collections. Other members of the exiled Habsburg dynasty, however, claimed much of this money, and there were regular petitions for help from former Imperial officials.

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