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Economy of Afghanistan vs Austria compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $522B for Austria, ranking 137/197 and 31/197 by economy size, respectively.

Afghanistan has $1.42B in government debt (8.25% of GDP), compared to $424B (82.9% of GDP) in Austria.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Afghanistan
GDP, current $

GDP, constant 2015 $
Austria
GDP, current $

GDP, constant 2015 $
Year GDP
Afghanistan Austria
Current $ Constant $ Current $ Constant $
1960 - - $6,624,086,313 $83,828,673,167
1961 - - $7,346,566,038 $88,471,087,748
1962 - - $7,793,042,529 $90,814,399,431
1963 - - $8,414,050,621 $94,572,542,282
1964 - - $9,213,648,656 $100,364,499,311
1965 - - $10,041,659,445 $103,857,359,442
1966 - - $10,939,526,219 $109,717,886,300
1967 - - $11,634,569,522 $113,018,252,763
1968 - - $12,499,863,917 $118,072,782,528
1969 - - $13,647,475,854 $125,482,873,519
1970 - - $15,312,791,744 $134,420,862,376
1971 - - $17,788,536,733 $141,296,447,063
1972 - - $21,973,207,929 $150,067,933,491
1973 - - $29,399,860,145 $157,406,909,711
1974 - - $35,051,468,640 $163,612,107,623
1975 - - $39,902,300,703 $163,016,991,844
1976 - - $42,791,707,448 $170,480,635,018
1977 - - $51,343,861,460 $179,141,019,238
1978 - - $61,809,208,756 $178,763,652,138
1979 - - $73,647,694,287 $188,339,484,584
1980 - - $81,737,498,405 $191,600,555,442
1981 - - $70,755,997,062 $191,324,085,936
1982 - - $70,996,111,963 $195,172,100,329
1983 - - $71,838,528,420 $200,974,738,307
1984 - - $67,719,055,773 $201,077,788,420
1985 - - $69,114,996,010 $206,102,076,591
1986 - - $98,648,254,169 $210,845,294,932
1987 - - $123,682,091,859 $213,706,819,793
1988 - - $132,817,124,707 $220,750,339,733
1989 - - $132,584,448,258 $229,331,070,530
1990 - - $165,811,372,383 $239,296,977,478
1991 - - $173,113,449,617 $247,532,688,033
1992 - - $194,314,032,056 $252,714,845,320
1993 - - $189,634,029,339 $254,046,171,814
1994 - - $202,738,023,130 $260,148,661,735
1995 - - $240,094,169,510 $267,089,386,117
1996 - - $235,952,581,232 $273,007,464,944
1997 - - $211,724,812,267 $278,865,754,831
1998 - - $217,068,085,816 $288,606,201,091
1999 - - $216,421,809,126 $299,463,348,051
2000 $3,521,418,060 $6,206,547,590 $196,181,599,831 $309,014,800,203
2001 $2,813,571,754 $5,621,147,631 $196,477,206,829 $313,084,486,482
2002 $3,825,701,439 $7,228,795,919 $212,837,224,023 $317,731,814,842
2003 $4,520,946,819 $7,867,263,256 $260,779,834,340 $321,358,930,178
2004 $5,224,896,719 $7,978,515,642 $299,210,411,455 $329,602,607,297
2005 $6,203,256,539 $8,874,480,196 $313,952,317,331 $337,250,591,306
2006 $6,971,758,282 $9,349,921,886 $333,905,979,332 $348,276,446,349
2007 $9,747,886,187 $10,642,671,963 $386,760,177,589 $361,424,664,732
2008 $10,109,297,048 $11,060,395,116 $429,234,399,096 $366,677,269,701
2009 $12,416,152,732 $13,426,272,073 $399,290,118,782 $353,527,252,122
2010 $15,856,668,556 $15,354,612,542 $389,827,789,218 $359,922,497,999
2011 $17,805,098,206 $15,420,077,666 $428,954,737,064 $370,459,113,959
2012 $19,907,329,778 $17,386,490,239 $406,750,487,604 $372,786,509,411
2013 $20,146,416,758 $18,360,263,163 $426,580,502,769 $371,851,835,130
2014 $20,497,128,556 $18,860,496,494 $438,556,021,078 $374,662,287,025
2015 $19,134,221,645 $19,134,221,645 $379,546,097,301 $379,546,097,301
2016 $18,116,572,395 $19,566,715,174 $393,687,359,770 $387,581,921,834
2017 $18,753,456,498 $20,084,646,751 $414,926,138,133 $396,388,751,745
2018 $18,053,222,687 $20,323,499,020 $452,582,294,973 $406,235,924,915
2019 $18,799,444,490 $21,118,473,702 $442,983,642,372 $413,365,268,699
2020 $19,955,929,052 $20,621,957,125 $434,397,601,558 $387,247,796,561
2021 $14,259,995,441 $16,345,202,563 $480,467,037,339 $405,817,601,897
2022 $14,497,243,872 $15,325,233,810 $471,773,629,830 $427,236,226,728
2023 $17,152,234,637 $15,672,648,238 $511,685,203,845 $423,156,280,851
2024 - - $521,642,466,922 $418,190,370,367

Economic indicators

Afghanistan Austria
Gross domestic product
$17.2B
2023
$522B
2024
GDP rank
137/197
2023
31/197
2024
GDP growth
18.3%
2022-2023
1.95%
2023-2024
GDP per capita
$414
2023
$56,833
2024
GDP per capita rank
196/197
2023
16/197
2024
GDP per capita, PPP
$2,202
2023
$71,618
2024
Government debt
$1.42B
2023
$424B
2024
Debt-to-GDP ratio
8.25%
2023
82.9%
2025
Government debt per person
$34.2
2023
$46,152
2024
Government debt per person rank
185/185
2023
10/185
2024
Average annual personal income after taxes
$1,632
2025
$38,548
2025
Market capitalization of domestic companies n/a
$121B
2024
Number of billionaires n/a
9
2025
Income share by richest 10% n/a
24.8%
2023
Income share by poorest 10% n/a
2.8%
2023
Government expenditure, % of GDP
17%
2023
56.2%
2025
Consumer prices inflation
-4.3%
2023-2024
2.94%
2023-2024
Central bank interest rate
6%
2021
n/a
Unemployment rate
5.68%
2021
5.16%
2024
Population
44810409
9171198

GDP per capita in Afghanistan vs Austria

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $56,833 in Austria, ranking 16/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Austria ranks 21st at $71,618.

Afghanistan
GDP per capita

GDP per capita, PPP
Austria
GDP per capita

GDP per capita, PPP
Year Current $
Afghanistan Austria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $940 -
1961 - - $1,037 -
1962 - - $1,093 -
1963 - - $1,173 -
1964 - - $1,275 -
1965 - - $1,381 -
1966 - - $1,494 -
1967 - - $1,577 -
1968 - - $1,686 -
1969 - - $1,834 -
1970 - - $2,051 -
1971 - - $2,372 -
1972 - - $2,913 -
1973 - - $3,875 -
1974 - - $4,613 -
1975 - - $5,265 -
1976 - - $5,656 -
1977 - - $6,784 -
1978 - - $8,173 -
1979 - - $9,755 -
1980 - - $10,827 -
1981 - - $9,348 -
1982 - - $9,373 -
1983 - - $9,500 -
1984 - - $8,956 -
1985 - - $9,136 -
1986 - - $13,032 -
1987 - - $16,329 -
1988 - - $17,510 -
1989 - - $17,401 -
1990 - - $21,596 $19,383
1991 - - $22,323 $20,522
1992 - - $24,783 $21,195
1993 - - $23,987 $21,632
1994 - - $25,546 $22,538
1995 - - $30,207 $23,588
1996 - - $29,646 $24,418
1997 - - $26,572 $25,295
1998 - - $27,212 $26,529
1999 - - $27,079 $27,500
2000 $174.9 $814 $24,487 $29,215
2001 $138.7 $748 $24,430 $29,556
2002 $179 $927 $26,335 $30,952
2003 $198.9 $967 $32,110 $31,963
2004 $221.8 $972 $36,614 $33,523
2005 $254.2 $1,076 $38,157 $34,777
2006 $274.2 $1,122 $40,382 $37,396
2007 $376 $1,287 $46,623 $39,194
2008 $382 $1,334 $51,581 $41,047
2009 $452 $1,571 $47,857 $40,666
2010 $561 $1,766 $46,611 $41,740
2011 $607 $1,744 $51,117 $44,172
2012 $651 $1,988 $48,250 $46,156
2013 $637 $2,133 $50,305 $47,520
2014 $625 $2,224 $51,315 $48,355
2015 $566 $2,284 $43,915 $49,563
2016 $522 $2,213 $45,061 $52,398
2017 $525 $2,336 $47,164 $53,870
2018 $491 $2,432 $51,194 $56,636
2019 $497 $2,583 $49,886 $60,355
2020 $511 $2,562 $48,716 $58,523
2021 $356 $2,144 $53,649 $62,969
2022 $357 $2,123 $52,177 $70,735
2023 $414 $2,202 $56,034 $70,479
2024 - - $56,833 $71,618

Spending and national debt comparison

In 2024, Afghanistan's government spending was $2.91B, accounting for 17% of its GDP, while Austria's spent $294B, or 56.2% of GDP.

Debt-to-GDP ratio is 8.25% in Afghanistan and 82.9% in Austria, ranking 181/185 and 39/185, respectively.

Afghanistan
Government spending

Government debt
Austria
Government spending

Government debt
Year % of GDP
Afghanistan Austria
Government spending Government debt Government spending Government debt
1960 - - 36.3% 17.7%
1961 - - 35.7% 16%
1962 - - 37.6% 15.5%
1963 - - 38.6% 15.6%
1964 - - 38.7% 15.5%
1965 - - 38.3% 14.8%
1966 - - 38.7% 14.1%
1967 - - 40.7% 15.6%
1968 - - 40.9% 16.8%
1969 - - 40.7% 16.8%
1970 - - 39.5% 18.5%
1971 - - 40% 17.3%
1972 - - 40.1% 16.6%
1973 - - 41.5% 16.6%
1974 - - 42% 16.7%
1975 - - 46.1% 22.7%
1976 - - 47.9% 26%
1977 - - 47.6% 28.3%
1978 - - 50.8% 32%
1979 - - 49.8% 33.9%
1980 - - 50% 35.4%
1981 - - 51.5% 37.3%
1982 - - 52% 39.5%
1983 - - 52.4% 43.4%
1984 - - 52.6% 45.8%
1985 - - 53.5% 47.5%
1986 - - 54.3% 51.7%
1987 - - 54.5% 55.2%
1988 - - 53.1% 57.4%
1989 - - 51.6% 56.3%
1990 - - 46.8% 56.2%
1991 - - 47.9% 56.4%
1992 - - 49.3% 56.3%
1993 - - 54.3% 61%
1994 - - 54.3% 64.1%
1995 - - 56.1% 68.2%
1996 - - 55.9% 68.2%
1997 - - 52.5% 63.4%
1998 - - 54.4% 69.2%
1999 - - 50.5% 61.3%
2000 - - 50.9% 66.1%
2001 - - 51.8% 67.2%
2002 6.94% 346% 51.6% 67.4%
2003 11.9% 270.6% 51.8% 66.4%
2004 15.1% 245% 54.3% 65.9%
2005 15.7% 206.4% 51.7% 69.4%
2006 18.3% 23% 50.9% 68.2%
2007 21.4% 20.1% 49.7% 65.8%
2008 20.9% 19.1% 50.4% 69.5%
2009 21.2% 16.2% 54.6% 80.8%
2010 20.8% 7.7% 53.4% 83.7%
2011 21.9% 7.5% 51.3% 83.4%
2012 25% 6.76% 51.8% 82.9%
2013 25% 6.9% 52.4% 82.4%
2014 25.4% 8.7% 52.4% 85.2%
2015 25.9% 9.15% 51.2% 85.6%
2016 28% 8.44% 50.6% 83.4%
2017 27.7% 8% 49.8% 79.1%
2018 28.9% 7.38% 49.2% 74.6%
2019 28% 6.14% 49.1% 71%
2020 27.9% 7.33% 57.3% 83.2%
2021 17.9% 11.1% 56% 82.4%
2022 16.1% 10.6% 53.1% 78.3%
2023 17% 8.25% 52.6% 78.4%
2024 - - 56.3% 81.2%
2025 - - 56.2% 82.9%

Government deficit by year

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was -$234M, equivalent to -1.36% of GDP. This compares to Austria's deficit of -$13.4B, or -2.61% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Austria ran a deficit in 20 years. On average, Afghanistan posted an annual deficit equal to -0.97% of GDP, compared to deficit of -2.58% of GDP for Austria.

Deficit/surplus
Afghanistan

Austria
Year Deficit/surplus, % of GDP
Afghanistan Austria
1880 - -1.4%
1881 - -3.91%
1882 - -1.06%
1883 - -0.69%
1884 - -6.43%
1885 - -0.57%
1886 - -0.43%
1887 - -1.09%
1888 - -0.97%
1889 - -1.61%
1890 - -0.26%
1891 - -4.01%
1892 - -0.86%
1893 - -1.31%
1894 - -1.16%
1895 - 0.36%
1896 - 0.03%
1897 - 0.1%
1898 - -0.17%
1899 - -0.08%
1900 - -0.05%
1901 - -0.56%
1902 - -0.75%
1903 - -0.97%
1904 - -1.12%
1905 - -0.71%
1906 - -0.05%
1907 - -2.73%
1908 - -1.24%
1909 - -5.51%
1910 - -0.42%
1911 - 0.03%
1912 - -0.69%
1913 - -0.69%
1914 - -0.69%
1915 - -0.69%
1916 - -0.69%
1917 - -0.69%
1918 - -0.69%
1919 - -0.69%
1920 - -0.69%
1921 - -0.69%
1922 - -0.69%
1923 - -0.69%
1924 - -5.69%
1925 - -4.96%
1926 - -6.18%
1927 - -7.3%
1928 - -7.63%
1929 - -6.83%
1930 - -9.68%
1931 - -11.5%
1932 - -9.16%
1933 - -3.55%
1934 - -5.28%
1935 - -5.46%
1936 - -3.91%
1937 - -2.84%
1938 - -2.84%
1939 - -2.84%
1940 - -2.84%
1941 - -2.84%
1942 - -2.84%
1943 - -2.84%
1944 - -2.84%
1945 - -2.84%
1946 - -2.84%
1947 - -2.84%
1948 - -9.3%
1949 - -9.23%
1950 - -7.72%
1951 - -1.57%
1952 - -0.73%
1953 - -0.24%
1954 - -0.35%
1955 - -0.5%
1956 - -0.78%
1957 - -0.7%
1958 - -3.52%
1959 - -2.16%
1960 - -0.49%
1961 - 1.68%
1962 - 1.12%
1963 - -0.5%
1964 - 0.48%
1965 - 1.38%
1966 - 1.73%
1967 - -0.56%
1968 - -0.83%
1969 - -0.08%
1970 - 1.16%
1971 - 1.46%
1972 - 1.97%
1973 - 1.24%
1974 - 1.23%
1975 - -2.41%
1976 - -3.61%
1977 - -2.11%
1978 - -2.67%
1979 - -2.3%
1980 - -1.62%
1981 - -1.79%
1982 - -3.29%
1983 - -4.22%
1984 - -2.67%
1985 - -2.71%
1986 - -3.84%
1987 - -4.33%
1988 - -3.43%
1989 - -3.07%
1990 - -2.58%
1991 - -2.96%
1992 - -2.15%
1993 - -4.57%
1994 - -5.04%
1995 - -6.17%
1996 - -4.38%
1997 - -2.38%
1998 - -2.68%
1999 - -2.63%
2000 - -2.07%
2001 - -0.71%
2002 -0.1% -1.43%
2003 -2.1% -1.84%
2004 -2.39% -4.94%
2005 -0.92% -2.59%
2006 0.68% -2.61%
2007 -2.46% -1.56%
2008 -3.86% -1.57%
2009 -1.76% -5.38%
2010 0.93% -4.46%
2011 -0.67% -2.48%
2012 0.18% -2.18%
2013 -0.63% -1.99%
2014 -1.72% -1.92%
2015 -1.38% -0.48%
2016 0.13% -1.45%
2017 -0.67% -0.78%
2018 1.63% 0.2%
2019 -1.06% 0.54%
2020 -2.24% -8.2%
2021 -0.48% -5.69%
2022 -1% -3.42%
2023 -1.36% -2.61%
2024 - -4.69%
2025 - -4.08%

Inflation comparison by year

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 2.5% in Austria. In 2024, inflation was -4.3% in Afghanistan and 2.94% in Austria.

Inflation
Afghanistan

Austria
Year Inflation
Afghanistan Austria Afghanistan Austria
1996 - 1.86%
1997 - 1.31%
1998 - 0.92%
1999 - 0.57%
2000 - 2.34%
2001 - 2.65%
2002 - 1.81%
2003 35.7% 1.36%
2004 16.4% 2.06%
2005 10.6% 2.3%
2006 6.8% 1.44%
2007 8.7% 2.17%
2008 26.4% 3.22%
2009 -6.8% 0.51%
2010 2.2% 1.81%
2011 11.8% 3.29%
2012 6.4% 2.49%
2013 7.4% 2%
2014 4.7% 1.61%
2015 -0.7% 0.9%
2016 4.4% 0.89%
2017 5% 2.08%
2018 0.6% 2%
2019 2.3% 1.53%
2020 5.6% 1.38%
2021 7.8% 2.77%
2022 10.6% 8.55%
2023 -7.7% 7.81%
2024 -4.3% 2.94%

Top exports between countries

Afghanistan
Export category Export value
Textiles & consumer goods $191K
Raw agricultural goods $157K
Animal & marine products $22K
Processed food, beverages & tobacco $4K
Precious metals & jewellery $2K
Chemicals & pharma $1K
Austria
Export category Export value
Processed food, beverages & tobacco $7.14M
Machinery & equipment $5.83M
Chemicals & pharma $4.02M
Animal & marine products $517K
Textiles & consumer goods $423K
Metals $185K
Wood & paper products $71K
Raw agricultural goods $36K
Raw materials & minerals $13K
Miscellaneous $1K

Balance of trade

Afghanistan Austria
Current account balance
-$3.14B
2020
$12.6B
2024
Current account balance ranking
157/189
2020
22/189
2024
Current account balance, % of GDP
-15.7%
2020
+2.42%
2024
Goods imports
$5.88B
2020
$196B
2024
Goods exports
$777M
2020
$205B
2024
Service imports
$1.11B
2020
$88B
2024
Service exports
$700M
2020
$94.3B
2024
Imports of goods and services, % of GDP
50.7%
2023
53.6%
2024
Exports of goods and services, % of GDP
16.9%
2023
56.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Austria
Economic freedom 53 69.7
Economic freedom ranking 142/197 38/197
Property rights 7.4 97
Government integrity 14.1 75.4
Judicial effectiveness 2.7 94.8
Tax burden 91.1 46.3
Government spending 76.1 13.5
Fiscal health 99.9 63.7
Business freedom 34.6 81.7
Labor freedom 45.1 81.8
Monetary freedom 80.8 72.7
Trade freedom 68.6 79.6
Investment freedom 10 60
Financial freedom 10 70

Economic freedom by year comparison

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 69.7 for Austria, ranking 38/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Afghanistan
Austria
Year Economic freedom index
Afghanistan Austria
1995 - 70
1996 - 68.9
1997 - 65.2
1998 - 65.4
1999 - 64
2000 - 68.4
2001 - 68.1
2002 - 67.4
2003 - 67.6
2004 - 67.6
2005 - 68.8
2006 - 71.1
2007 - 71.6
2008 - 71.4
2009 - 71.2
2010 - 71.6
2011 - 71.9
2012 - 70.3
2013 - 71.8
2014 - 72.4
2015 - 71.2
2016 - 71.7
2017 48.9 72.3
2018 51.3 71.8
2019 51.5 72
2020 54.7 73.3
2021 53 73.9
2022 - 73.8
2023 - 71.1
2024 - 68.4
2025 - 69.7

More economic indicators

Afghanistan Austria
Services, % of GDP
46.4%
2023
65.3%
2024
Industry, % of GDP
13.4%
2023
23.1%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
1.23%
2024
GNI, Atlas method
$15.5B
2023
$497B
2024
GNI per capita, PPP
$2,210
2023
$71,860
2024
Total reserves including gold
$9.75B
2020
$35.4B
2024
Total reserves ranking
78/177
2020
53/177
2024
Net foreign direct investment
$24.3M
2020
$1.5B
2024
Net inflows of foreign direct investment
$20.6M
2021
$9.31B
2024
Net outflows of foreign direct investment
$30.8M
2021
$10.8B
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
n/a
Poverty at national poverty lines
47.1%
2019
14.8%
2021
Gross capital formation, % of GDP
15.3%
2023
22.3%
2024

GDP per capita map

GDP per capita

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Economy comparisons

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.