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Economy of Austria vs Bahrain compared: GDP & Debt

Updated on by Georank team

Austria has a GDP of $535B compared to $47.1B for Bahrain, ranking 30/197 and 96/197 by economy size, respectively.

Austria has $432B in government debt (80.8% of GDP), compared to $62.8B (133.4% of GDP) in Bahrain.

Austria vs Bahrain GDP by year

Austria
Bahrain
1x
Year GDP, current $
Austria Bahrain
2024 $534,790,720,467 $47,109,734,309
2023 $516,670,509,629 $46,192,260,638
2022 $473,221,298,968 $46,458,191,489
2021 $480,466,363,177 $40,840,212,766
2020 $434,397,601,558 $35,837,632,979
2019 $442,983,642,372 $40,446,808,511
2018 $452,582,294,973 $39,567,978,723
2017 $414,926,138,133 $37,204,813,830
2016 $393,687,359,770 $33,884,680,851
2015 $379,546,097,301 $32,523,297,872
2014 $438,556,021,078 $34,772,526,596
2013 $426,580,502,769 $33,823,324,468
2012 $406,750,487,604 $31,963,404,255
2011 $428,954,737,064 $29,914,680,851
2010 $389,827,789,218 $26,805,984,043
2009 $399,290,118,782 $22,938,218,085
2008 $429,234,399,096 $25,710,904,255
2007 $386,760,177,589 $21,730,000,000
2006 $333,905,979,332 $18,504,760,638
2005 $313,952,317,331 $15,968,723,404
2004 $299,210,411,455 $13,150,159,574
2003 $260,779,834,340 $11,074,813,830
2002 $212,837,224,023 $9,593,510,638
2001 $196,477,206,829 $8,976,196,809
2000 $196,181,599,831 $9,062,898,936
1999 $216,421,809,126 $7,528,469,149
1998 $217,068,085,816 $7,031,309,043
1997 $211,724,812,267 $7,219,407,713
1996 $235,952,581,232 $6,938,166,755
1995 $240,094,169,510 $6,651,180,851
1994 $202,738,023,130 $6,330,627,926
1993 $189,634,029,339 $5,913,001,064
1992 $194,314,032,056 $5,402,232,447
1991 $173,113,449,617 $5,248,911,170
1990 $165,811,372,383 $4,809,511,005
1989 $132,584,448,258 $4,393,093,963
1988 $132,817,124,707 $4,209,834,173
1987 $123,682,091,859 $3,856,922,694
1986 $98,648,254,169 $3,470,746,843
1985 $69,114,996,010 $4,152,376,484
1984 $67,719,055,773 $4,440,874,566
1983 $71,838,528,420 $4,247,030,468
1982 $70,996,111,963 $4,145,421,080
1981 $70,755,997,062 $3,943,109,532
1980 $81,737,498,405 $3,493,834,468
1979 $73,647,694,287 $2,710,160,739
1978 $61,809,208,756 $2,272,042,965
1977 $51,343,861,460 $1,989,060,283
1976 $42,791,707,448 $1,581,709,519
1975 $39,902,300,703 $1,099,107,601
1974 $35,051,468,640 $1,042,176,884
1973 $29,399,860,145 $761,132,545
1972 $21,973,207,929 $534,081,184
1971 $17,788,536,733 $422,181,562
1970 $15,312,791,744 $391,577,364
1969 $13,647,475,854 -
1968 $12,499,863,917 -
1967 $11,634,569,522 -
1966 $10,939,526,219 -
1965 $10,041,659,445 -
1964 $9,213,648,656 -
1963 $8,414,050,621 -
1962 $7,793,042,529 -
1961 $7,346,566,038 -
1960 $6,624,086,313 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/austria/bahrain | CC BY

GDP per capita in Austria vs Bahrain by year

Austria
GDP per capita

GDP per capita, PPP
Bahrain
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Bahrain
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $58,269 $73,911 $29,654 $66,941
2023 $56,580 $73,545 $29,290 $64,171
2022 $52,337 $72,065 $30,471 $61,678
2021 $53,649 $62,969 $27,148 $54,955
2020 $48,716 $58,523 $24,343 $53,436
2019 $49,886 $60,355 $27,260 $56,600
2018 $51,194 $56,636 $26,324 $51,993
2017 $47,164 $53,870 $24,785 $50,185
2016 $45,061 $52,398 $23,800 $47,429
2015 $43,915 $49,549 $23,734 $48,034
2014 $51,315 $48,355 $26,452 $54,299
2013 $50,305 $47,520 $26,990 $56,310
2012 $48,250 $46,156 $26,439 $56,713
2011 $51,117 $44,172 $25,033 $52,677
2010 $46,611 $41,735 $21,819 $49,255
2009 $47,857 $40,687 $19,465 $48,626
2008 $51,581 $41,047 $23,299 $50,330
2007 $46,623 $39,192 $20,908 $49,347
2006 $40,382 $37,388 $19,267 $48,009
2005 $38,157 $34,777 $17,966 $47,268
2004 $36,614 $33,519 $15,964 $46,317
2003 $32,110 $31,959 $14,486 $45,427
2002 $26,335 $30,952 $13,501 $45,091
2001 $24,430 $29,553 $13,573 $46,162
2000 $24,487 $29,221 $14,214 $45,688
1999 $27,079 $27,500 $12,123 $43,561
1998 $27,212 $26,531 $11,625 $42,281
1997 $26,572 $25,301 $12,255 $40,965
1996 $29,646 $24,427 $12,092 $40,106
1995 $30,207 $23,604 $11,901 $38,839
1994 $25,546 $22,553 $11,629 $37,579
1993 $23,987 $21,647 $11,152 $37,870
1992 $24,783 $21,209 $10,460 $33,648
1991 $22,323 $20,536 $10,434 $31,657
1990 $21,596 $19,396 $9,343 $26,902
1989 $17,401 - $8,833 -
1988 $17,510 - $8,772 -
1987 $16,329 - $8,333 -
1986 $13,032 - $7,777 -
1985 $9,136 - $9,649 -
1984 $8,956 - $10,697 -
1983 $9,500 - $10,599 -
1982 $9,373 - $10,712 -
1981 $9,348 - $10,557 -
1980 $10,827 - $9,733 -
1979 $9,755 - $7,891 -
1978 $8,173 - $6,926 -
1977 $6,784 - $6,358 -
1976 $5,656 - $5,310 -
1975 $5,265 - $3,880 -
1974 $4,613 - $3,874 -
1973 $3,875 - $2,981 -
1972 $2,913 - $2,206 -
1971 $2,372 - $1,830 -
1970 $2,051 - $1,742 -
1969 $1,834 - - -
1968 $1,686 - - -
1967 $1,577 - - -
1966 $1,494 - - -
1965 $1,381 - - -
1964 $1,275 - - -
1963 $1,173 - - -
1962 $1,093 - - -
1961 $1,037 - - -
1960 $940 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/austria/bahrain | CC BY

Austria's GDP per capita is $58,269, ranking 16/197, compared to $29,654 in Bahrain, ranking 42/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while Bahrain ranks 26th at $66,941.

Economic indicators

Austria Bahrain
Gross domestic product
$535B
2024
$47.1B
2024
GDP rank
30/197
2024
96/197
2024
GDP growth
-0.66%
2023-2024
2.6%
2023-2024
GDP per capita
$58,269
2024
$29,654
2024
GDP per capita rank
16/197
2024
42/197
2024
GDP per capita, PPP
$73,911
2024
$66,941
2024
GDP per capita PPP rank
19/197
2024
26/197
2024
Government debt
$432B
2024
$62.8B
2024
Debt-to-GDP ratio
80.8%
2024
133.4%
2024
Government debt per person
$47,075
2024
$39,552
2024
Government debt per person rank
10/185
2024
14/185
2024
Average annual personal income after taxes
$40,736
2026
$23,253
2026
Market capitalization of domestic companies
$121B
2024
$20.4B
2024
Number of billionaires
9
2025
n/a
Income share by richest 10%
24.8%
2023
n/a
Income share by poorest 10%
2.8%
2023
n/a
Government expenditure, % of GDP
56%
2024
29.1%
2024
Consumer prices inflation
2.94%
2023-2024
0.92%
2023-2024
Central bank interest rate n/a
4.25%
2025
Unemployment rate
5.16%
2024
1.2%
2012
Population
9163419
1669503

Spending and national debt comparison by year

Austria
Spending

Debt
Bahrain
Spending

Debt
1x
Year % of GDP
Austria Bahrain
Government spending Government debt Government spending Government debt
2024 56% 80.8% 29.1% 133.4%
2023 52.7% 78.5% 29.1% 123%
2022 53% 78.4% 28.4% 111.6%
2021 56% 82.4% 30.6% 122.3%
2020 57.3% 83.2% 34.6% 125.7%
2019 49.1% 71% 31.2% 97.1%
2018 49.2% 74.6% 32.1% 90.4%
2017 49.8% 79.1% 30.7% 84%
2016 50.6% 83.4% 33.3% 77.4%
2015 51.2% 85.6% 34.8% 63.2%
2014 52.4% 85.2% 27.3% 42.6%
2013 52.4% 82.4% 32% 42.3%
2012 51.8% 82.9% 31.1% 34.8%
2011 51.3% 83.4% 30.2% 31.6%
2010 53.4% 83.7% 31.1% 28.8%
2009 54.6% 80.8% 24.6% 20.5%
2008 50.4% 69.5% 22.7% 12.1%
2007 49.7% 65.8% 22.4% 15.7%
2006 50.9% 68.2% 23.1% 19.4%
2005 51.7% 69.4% 23.9% 23.2%
2004 54.3% 65.9% 25% 28.2%
2003 51.8% 66.4% 28.1% 31.1%
2002 51.6% 67.4% 30.6% 27.2%
2001 51.8% 67.2% 26.5% 25%
2000 50.9% 66.1% 22.2% 24.7%
1999 50.5% 61.3% 27.1% 24.7%
1998 54.4% 69.2% 25.7% 20%
1997 52.5% 63.4% 31% 14.8%
1996 55.9% 68.2% 22.7% 13.1%
1995 56.1% 68.2% 25.1% 13.6%
1994 54.3% 64.1% 26.1% 5.62%
1993 54.3% 61% 26.7% 5.95%
1992 49.3% 56.3% 29.4% 6.45%
1991 47.9% 56.4% 28.5% 6.71%
1990 46.8% 56.2% 32.4% 7.24%
1989 51.6% 56.6% - -
1988 53.1% 57.7% - -
1987 54.5% 55.5% - -
1986 54.3% 52% - -
1985 53.5% 47.8% - -
1984 52.6% 46% - -
1983 52.4% 43.7% - -
1982 52% 39.7% - -
1981 51.5% 37.5% - -
1980 50% 35.6% - -
1979 49.8% 34.1% - -
1978 50.8% 32.2% - -
1977 47.6% 28.5% - -
1976 47.9% 26.2% - -
1975 46.1% 22.8% - -
1974 42% 16.8% - -
1973 41.5% 16.7% - -
1972 40.1% 16.7% - -
1971 40% 17.4% - -
1970 39.5% 18.6% - -
1969 40.7% 16.8% - -
1968 40.9% 16.8% - -
1967 40.7% 15.6% - -
1966 38.7% 14.1% - -
1965 38.3% 14.8% - -
1964 38.7% 15.5% - -
1963 38.6% 15.6% - -
1962 37.6% 15.5% - -
1961 35.7% 16% - -
1960 36.3% 17.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/austria/bahrain | CC BY

In 2024, Austria's government spending was $300B, accounting for 56% of its GDP, while Bahrain spent $13.7B, or 29.1% of GDP.

Debt-to-GDP ratio is 80.8% in Austria and 133.4% in Bahrain, ranking 44/185 and 9/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Bahrain
1x
Year Deficit/surplus, % of GDP
Austria Bahrain
2024 -4.64% -10.6%
2023 -2.62% -9.67%
2022 -3.31% -6.02%
2021 -5.69% -10.6%
2020 -8.2% -17.3%
2019 0.54% -8.57%
2018 0.2% -11.3%
2017 -0.78% -13.4%
2016 -1.45% -16.6%
2015 -0.48% -17.5%
2014 -1.92% -3.32%
2013 -1.99% -8.55%
2012 -2.18% -5.77%
2011 -2.48% -4.9%
2010 -4.46% -9.29%
2009 -5.38% -5.36%
2008 -1.57% 4.08%
2007 -1.56% 1.52%
2006 -2.61% 2.24%
2005 -2.59% 2.8%
2004 -4.94% 0.24%
2003 -1.84% -1.7%
2002 -1.43% -3.27%
2001 -0.71% 0.7%
2000 -2.07% 7.33%
1999 -2.63% -4.85%
1998 -2.68% -5.49%
1997 -2.38% -6.39%
1996 -4.38% 0.24%
1995 -6.17% -3.99%
1994 -5.04% -5.18%
1993 -4.57% -2.77%
1992 -2.15% -5.41%
1991 -2.96% -3.47%
1990 -2.58% -6.79%
1989 -3.07% -
1988 -3.43% -
1987 -4.33% -
1986 -3.84% -
1985 -2.71% -
1984 -2.67% -
1983 -4.22% -
1982 -3.29% -
1981 -1.79% -
1980 -1.62% -
1979 -2.3% -
1978 -2.67% -
1977 -2.11% -
1976 -3.61% -
1975 -2.41% -
1974 1.23% -
1973 1.24% -
1972 1.97% -
1971 1.46% -
1970 1.16% -
1969 -0.08% -
1968 -0.83% -
1967 -0.56% -
1966 1.73% -
1965 1.38% -
1964 0.48% -
1963 -0.5% -
1962 1.12% -
1961 1.68% -
1960 -0.49% -
1959 -2.16% -
1958 -3.52% -
1957 -0.7% -
1956 -0.78% -
1955 -0.5% -
1954 -0.35% -
1953 -0.24% -
1952 -0.73% -
1951 -1.57% -
1950 -7.72% -
1949 -9.23% -
1948 -9.3% -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -2.84% -
1936 -3.91% -
1935 -5.46% -
1934 -5.28% -
1933 -3.55% -
1932 -9.16% -
1931 -11.5% -
1930 -9.68% -
1929 -6.83% -
1928 -7.63% -
1927 -7.3% -
1926 -6.18% -
1925 -4.96% -
1924 -5.69% -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 -0.69% -
1911 0.03% -
1910 -0.42% -
1909 -5.51% -
1908 -1.24% -
1907 -2.73% -
1906 -0.05% -
1905 -0.71% -
1904 -1.12% -
1903 -0.97% -
1902 -0.75% -
1901 -0.56% -
1900 -0.05% -
1899 -0.08% -
1898 -0.17% -
1897 0.1% -
1896 0.03% -
1895 0.36% -
1894 -1.16% -
1893 -1.31% -
1892 -0.86% -
1891 -4.01% -
1890 -0.26% -
1889 -1.61% -
1888 -0.97% -
1887 -1.09% -
1886 -0.43% -
1885 -0.57% -
1884 -6.43% -
1883 -0.69% -
1882 -1.06% -
1881 -3.91% -
1880 -1.4% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/austria/bahrain | CC BY

In 2024, Austria's government deficit, the difference between spending and revenue, was $24.8B, equivalent to 4.64% of GDP. This compares to Bahrain's deficit of $5B, or 10.6% of GDP.

Over the past 35 years, Austria recorded a fiscal deficit in 33 of those years, while Bahrain ran a deficit in 27 years. On average, Austria posted an annual deficit equal to 2.85% of GDP, compared to deficit of 5.39% of GDP for Bahrain.

Inflation comparison by year

Inflation
Austria

Bahrain
1x
Year Consumer prices inflation
Austria Bahrain
2024 2.94% 0.92%
2023 7.81% 0.07%
2022 8.55% 3.63%
2021 2.77% -0.61%
2020 1.38% -2.32%
2019 1.53% 1.01%
2018 2% 2.09%
2017 2.08% 1.39%
2016 0.89% 2.79%
2015 0.9% 1.85%
2014 1.61% 2.65%
2013 2% 3.3%
2012 2.49% 2.76%
2011 3.29% -0.4%
2010 1.81% 1.96%
2009 0.51% 2.8%
2008 3.22% 3.53%
2007 2.17% 3.26%
2006 1.44% 2.01%
2005 2.3% 2.59%
2004 2.06% 2.35%
2003 1.36% 1.59%
2002 1.81% -0.5%
2001 2.65% -1.21%
2000 2.34% -0.7%
1999 0.57% -1.29%
1998 0.92% -0.37%
1997 1.31% 2.43%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/austria/bahrain | CC BY

Over the past 28 years, Austria has recorded an average annual inflation rate of 2.31%, compared with 1.34% in Bahrain. In 2024, inflation was 2.94% in Austria and 0.92% in Bahrain.

Top exports between countries

Austria
Export category Export value
Machinery & equipment $22.9M
Chemicals & pharma $3.09M
Textiles & consumer goods $2.75M
Wood & paper products $1.39M
Metals $1.13M
Raw materials & minerals $718K
Processed food, beverages & tobacco $467K
Animal & marine products $279K
Weapons & explosives $216K
Raw agricultural goods $144K
Bahrain
Export category Export value
Metals $22.3M
Raw materials & minerals $10M
Chemicals & pharma $1.2M
Textiles & consumer goods $354K
Wood & paper products $143K
Machinery & equipment $118K
Processed food, beverages & tobacco $90K
Precious metals & jewellery $43K
Miscellaneous $1K

Balance of trade

Austria Bahrain
Current account balance
$8.19B
2024
$2.28B
2024
Current account balance ranking
25/190
2024
44/190
2024
Current account balance, % of GDP
+1.53%
2024
+4.84%
2024
Goods imports
$195B
2024
$20.7B
2024
Goods exports
$201B
2024
$24.3B
2024
Service imports
$90.5B
2024
$12.4B
2024
Service exports
$96.6B
2024
$17B
2024
Imports of goods and services, % of GDP
53.1%
2024
70.1%
2024
Exports of goods and services, % of GDP
55.7%
2024
87.7%
2024

Economic freedom indices

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

Austria Bahrain
Economic freedom 69.8 65.7
Economic freedom ranking 38/197 63/197
Property rights 95.7 60.9
Government integrity 75 45.9
Judicial effectiveness 94.8 30
Tax burden 45.7 99.9
Government spending 12.8 75
Fiscal health 67.1 0
Business freedom 78.7 75.9
Labor freedom 81.6 55.5
Monetary freedom 76.4 88.8
Trade freedom 79.4 86.8
Investment freedom 60 90
Financial freedom 70 80

Economic freedom comparison by year

Austria
Bahrain
1x
Year Economic freedom index
Austria Bahrain
2026 69.8 65.7
2025 69.7 65.6
2024 68.4 63.4
2023 71.1 62.5
2022 73.8 62
2021 73.9 69.9
2020 73.3 66.3
2019 72 66.4
2018 71.8 67.7
2017 72.3 68.5
2016 71.7 74.3
2015 71.2 73.4
2014 72.4 75.1
2013 71.8 75.5
2012 70.3 75.2
2011 71.9 77.7
2010 71.6 76.3
2009 71.2 74.8
2008 71.4 72.2
2007 71.6 71.2
2006 71.1 71.6
2005 68.8 71.2
2004 67.6 75.1
2003 67.6 76.3
2002 67.4 75.6
2001 68.1 75.9
2000 68.4 75.7
1999 64 75.2
1998 65.4 75.6
1997 65.2 76.1
1996 68.9 76.4
1995 70 76.2

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/austria/bahrain | CC BY

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 65.7 for Bahrain, ranking 63/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Bahrain
Services, % of GDP
64%
2024
53.2%
2024
Industry, % of GDP
24.6%
2024
42.3%
2024
Agriculture, forestry, and fishing, % of GDP
1.22%
2024
0.25%
2024
GNI, Atlas method
$503B
2024
$44.6B
2024
GNI per capita, PPP
$74,160
2024
$62,230
2024
Total reserves including gold
$35.4B
2024
$4.95B
2024
Total reserves ranking
53/177
2024
102/177
2024
Net foreign direct investment
$135M
2024
-$2.43B
2024
Net inflows of foreign direct investment
$13.7B
2024
$2.7B
2024
Net outflows of foreign direct investment
$13.8B
2024
$275M
2024
Poverty at national poverty lines
14.8%
2021
n/a
Gross capital formation, % of GDP
23.6%
2024
28.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/austria/bahrain | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
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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.

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.