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Economy of Austria vs Mali compared: GDP & Debt

Updated on by Georank

Austria has a GDP of $579B compared to $30.1B for Mali, ranking 29/197 and 114/197 by economy size, respectively.

Austria has $466B in government debt (80.5% of GDP), compared to $12.6B (41.9% of GDP) in Mali.

Austria vs Mali GDP by year

Austria
Mali
1x
Year GDP, current $
Austria Mali
2025 $579,470,021,095 $30,069,148,581
2024 $534,790,720,467 $26,761,281,077
2023 $516,670,509,629 $24,777,941,861
2022 $473,221,298,968 $22,539,987,719
2021 $480,466,363,177 $22,999,245,263
2020 $434,397,601,558 $20,698,560,939
2019 $442,983,642,372 $20,477,421,885
2018 $452,582,294,973 $20,368,015,381
2017 $414,926,138,133 $18,308,362,040
2016 $393,687,359,770 $16,743,796,800
2015 $379,546,097,301 $15,583,181,170
2014 $438,556,021,078 $17,081,681,993
2013 $426,580,502,769 $15,747,192,681
2012 $406,750,487,604 $14,795,114,603
2011 $428,954,737,064 $15,452,791,789
2010 $389,827,789,218 $12,710,739,160
2009 $399,290,118,782 $12,155,217,833
2008 $429,234,399,096 $11,462,490,840
2007 $386,760,177,589 $9,699,047,443
2006 $333,905,979,332 $8,212,007,554
2005 $313,952,317,331 $7,429,066,952
2004 $299,210,411,455 $6,485,774,930
2003 $260,779,834,340 $5,605,613,011
2002 $212,837,224,023 $4,647,238,257
2001 $196,477,206,829 $4,124,281,594
2000 $196,181,599,831 $3,521,570,876
1999 $216,421,809,126 $4,091,446,054
1998 $217,068,085,816 $3,894,433,432
1997 $211,724,812,267 $3,414,879,486
1996 $235,952,581,232 $3,743,103,420
1995 $240,094,169,510 $3,373,322,735
1994 $202,738,023,130 $2,655,768,636
1993 $189,634,029,339 $3,632,801,877
1992 $194,314,032,056 $3,680,775,037
1991 $173,113,449,617 $3,576,562,682
1990 $165,811,372,383 $3,248,417,791
1989 $132,584,448,258 $2,824,822,489
1988 $132,817,124,707 $2,712,207,901
1987 $123,682,091,859 $2,437,004,680
1986 $98,648,254,169 $2,132,938,007
1985 $69,114,996,010 $1,594,347,021
1984 $67,719,055,773 $1,387,809,615
1983 $71,838,528,420 $1,496,616,127
1982 $70,996,111,963 $1,680,304,773
1981 $70,755,997,062 $2,234,583,940
1980 $81,737,498,405 $2,704,362,789
1979 $73,647,694,287 $1,595,422,956
1978 $61,809,208,756 $1,222,702,573
1977 $51,343,861,460 $1,049,838,548
1976 $42,791,707,448 $939,228,017
1975 $39,902,300,703 $830,710,615
1974 $35,051,468,640 $538,747,340
1973 $29,399,860,145 $563,683,703
1972 $21,973,207,929 $486,617,280
1971 $17,788,536,733 $395,218,629
1970 $15,312,791,744 $359,772,315
1969 $13,647,475,854 $339,913,867
1968 $12,499,863,917 $343,771,973
1967 $11,634,569,522 $275,494,478
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Austria vs Mali by year

Austria
GDP per capita

GDP per capita, PPP
Mali
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Mali
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $62,930 - $1,193 -
2024 $58,269 $73,911 $1,093 $3,315
2023 $56,580 $73,545 $1,042 $3,175
2022 $52,337 $72,065 $977 $3,014
2021 $53,649 $62,969 $1,027 $2,796
2020 $48,716 $58,523 $953 $2,724
2019 $49,886 $60,355 $972 $2,820
2018 $51,194 $56,636 $996 $2,684
2017 $47,164 $53,870 $924 $2,607
2016 $45,061 $52,398 $872 $2,532
2015 $43,915 $49,549 $838 $2,330
2014 $51,315 $48,355 $948 $2,185
2013 $50,305 $47,520 $902 $2,059
2012 $48,250 $46,156 $873 $1,990
2011 $51,117 $44,172 $938 $2,046
2010 $46,611 $41,735 $797 $2,012
2009 $47,857 $40,687 $787 $1,945
2008 $51,581 $41,047 $767 $1,893
2007 $46,623 $39,192 $671 $1,852
2006 $40,382 $37,388 $587 $1,832
2005 $38,157 $34,777 $549 $1,771
2004 $36,614 $33,519 $495 $1,730
2003 $32,110 $31,959 $442 $1,715
2002 $26,335 $30,952 $378 $1,581
2001 $24,430 $29,553 $346 $1,559
2000 $24,487 $29,221 $305 $1,357
1999 $27,079 $27,500 $364 $1,376
1998 $27,212 $26,531 $357 $1,332
1997 $26,572 $25,301 $321 $1,267
1996 $29,646 $24,427 $360 $1,224
1995 $30,207 $23,604 $331 $1,154
1994 $25,546 $22,553 $266.5 $1,147
1993 $23,987 $21,647 $372 $1,087
1992 $24,783 $21,209 $385 $1,039
1991 $22,323 $20,536 $382 $1,091
1990 $21,596 $19,396 $354 $956
1989 $17,401 - $314 -
1988 $17,510 - $307 -
1987 $16,329 - $280.7 -
1986 $13,032 - $250 -
1985 $9,136 - $190.4 -
1984 $8,956 - $169.1 -
1983 $9,500 - $186.3 -
1982 $9,373 - $213.8 -
1981 $9,348 - $290.5 -
1980 $10,827 - $359 -
1979 $9,755 - $216.3 -
1978 $8,173 - $169.1 -
1977 $6,784 - $148.1 -
1976 $5,656 - $134.9 -
1975 $5,265 - $121.5 -
1974 $4,613 - $80.2 -
1973 $3,875 - $85.4 -
1972 $2,913 - $75.1 -
1971 $2,372 - $62 -
1970 $2,051 - $57.3 -
1969 $1,834 - $55 -
1968 $1,686 - $56.5 -
1967 $1,577 - $46 -
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 (1960–2025, retrieved 2026-07-08).

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

Austria's GDP per capita is $62,930, ranking 16/197, compared to $1,193 in Mali, ranking 174/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while Mali ranks 174th at $3,315.

Economic indicators

Austria Mali
Gross domestic product
$579B
2025
$30.1B
2025
GDP rank
29/197
2025
114/197
2025
GDP growth
0.62%
2024-2025
5.6%
2024-2025
GDP per capita
$62,930
2025
$1,193
2025
GDP per capita rank
16/197
2025
174/197
2025
GDP per capita, PPP
$73,911
2024
$3,315
2024
GDP per capita PPP rank
19/197
2024
174/197
2024
Government debt
$466B
2025
$12.6B
2025
Debt-to-GDP ratio
80.5%
2025
41.9%
2025
Government debt per person
$50,654
2025
$500
2025
Government debt per person rank
10/185
2025
168/185
2025
Average annual personal income after taxes
$38,467
2026
$1,949
2026
Market capitalization of domestic companies
$211B
2025
n/a
Number of billionaires
9
2026
n/a
Income share by richest 10%
24.8%
2023
28.3%
2021
Income share by poorest 10%
2.8%
2023
3.2%
2021
Government expenditure, % of GDP
55.2%
2025
20.9%
2025
Consumer prices inflation
3.53%
2024-2025
2.3%
2024-2025
Unemployment rate
5.78%
2025
4.5%
2024
Population
9201502
26322576

Spending and national debt comparison by year

Austria
Spending

Debt
Mali
Spending

Debt
1x
Year % of GDP
Austria Mali
Government spending Government debt Government spending Government debt
2025 55.2% 80.5% 20.9% 41.9%
2024 55.2% 79.2% 21% 44%
2023 52.2% 77.8% 21.2% 44.3%
2022 53% 78.1% 20.8% 42.9%
2021 56% 82.4% 22.5% 43.2%
2020 57.3% 83.2% 22% 39.8%
2019 49.1% 71% 19.5% 34.3%
2018 49.2% 74.6% 17% 31.4%
2017 49.8% 79.1% 19.2% 30.1%
2016 50.6% 83.4% 18.6% 30.1%
2015 51.2% 85.6% 17.6% 25.8%
2014 52.4% 85.2% 16.8% 22.6%
2013 52.4% 82.4% 16.6% 22.2%
2012 51.8% 82.9% 13.1% 21.3%
2011 51.3% 83.4% 17.3% 20.1%
2010 53.4% 83.7% 17.4% 21.8%
2009 54.6% 80.8% 19.6% 18.8%
2008 50.4% 69.5% 16.2% 17.3%
2007 49.7% 65.8% 18.1% 15.6%
2006 50.9% 68.2% 18.9% 15.4%
2005 51.7% 69.4% 18.3% 39.5%
2004 54.3% 65.9% 18.5% 36.1%
2003 51.8% 66.4% 17.8% 37.7%
2002 51.6% 67.4% 16.8% 36%
2001 51.8% 67.2% 15.7% 66.3%
2000 50.9% 66.1% 16.5% 77%
1999 50.5% 61.3% - -
1998 54.4% 69.2% - -
1997 52.5% 63.4% - -
1996 55.9% 68.2% - -
1995 56.1% 68.2% - -
1994 54.3% 64.1% - -
1993 54.3% 61% - -
1992 49.3% 56.3% - -
1991 47.9% 56.4% - -
1990 46.8% 56.2% - -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

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

In 2025, Austria's government spending was $320B, accounting for 55.2% of its GDP, while Mali spent $6.29B, or 20.9% of GDP.

Debt-to-GDP ratio is 80.5% in Austria and 41.9% in Mali, ranking 42/185 and 125/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Mali
1x
Year Deficit/surplus, % of GDP
Austria Mali
2025 -4.52% -1.59%
2024 -4.68% -2.16%
2023 -2.59% -3.05%
2022 -3.41% -4.05%
2021 -5.69% -4.12%
2020 -8.2% -4.56%
2019 0.54% -1.42%
2018 0.2% -3.97%
2017 -0.78% -2.4%
2016 -1.45% -3.3%
2015 -0.48% -1.53%
2014 -1.92% -2.43%
2013 -1.99% -1.99%
2012 -2.18% -0.8%
2011 -2.48% -2.87%
2010 -4.46% -2.21%
2009 -5.38% -3.19%
2008 -1.57% -1.69%
2007 -1.56% -2.35%
2006 -2.61% 23.7%
2005 -2.59% -2.34%
2004 -4.94% -2.01%
2003 -1.84% -1.01%
2002 -1.43% -2.61%
2001 -0.71% -2.39%
2000 -2.07% -2.25%
1999 -2.63% -
1998 -2.68% -
1997 -2.38% -
1996 -4.38% -
1995 -6.17% -
1994 -5.04% -
1993 -4.57% -
1992 -2.15% -
1991 -2.96% -
1990 -2.58% -
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Austria's government deficit, the difference between spending and revenue, was $26.2B, equivalent to 4.52% of GDP. This compares to Mali's deficit of $478M, or 1.59% of GDP.

Over the past 26 years, Austria recorded a fiscal deficit in 24 of those years, while Mali ran a deficit in 25 years. On average, Austria posted an annual deficit equal to 2.65% of GDP, compared to deficit of 1.48% of GDP for Mali.

Inflation comparison by year

Inflation
Austria

Mali
1x
Year Consumer prices inflation
Austria Mali
2025 3.53% 2.3%
2024 2.94% 3.2%
2023 7.81% 2.1%
2022 8.55% 9.7%
2021 2.77% 3.8%
2020 1.38% 0.5%
2019 1.53% -3%
2018 2% 1.9%
2017 2.08% 2.4%
2016 0.89% -1.8%
2015 0.9% 1.4%
2014 1.61% 0.9%
2013 2% -0.6%
2012 2.49% 5.3%
2011 3.29% 3%
2010 1.81% 1.2%
2009 0.51% 2.4%
2008 3.22% 9.2%
2007 2.17% 1.4%
2006 1.44% 1.6%
2005 2.3% 6.4%
2004 2.06% -3.1%
2003 1.36% -1.3%
2002 1.81% 5%
2001 2.65% 5.2%
2000 2.34% -0.8%
1999 0.57% -1.2%
1998 0.92% 4.1%
1997 1.31% -0.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Austria has recorded an average annual inflation rate of 2.35%, compared with 2.09% in Mali. In 2025, inflation was 3.53% in Austria and 2.3% in Mali.

Top exports between countries

Austria
Export category Export value
Textiles & consumer goods $153M
Processed food, beverages & tobacco $565K
Machinery & equipment $218K
Chemicals & pharma $213K
Metals $60K
Wood & paper products $46K
Miscellaneous $36K
Raw materials & minerals $30K
Weapons & explosives $7K
Mali
Export category Export value
Textiles & consumer goods $116K
Machinery & equipment $61K
Precious metals & jewellery $12K

Balance of trade

Austria Mali
Current account balance
$10.4B
2025
-$1.16B
2024
Current account balance ranking
24/190
2025
122/190
2024
Current account balance, % of GDP
+1.79%
2025
-4.33%
2024
Goods imports
$208B
2025
$5.49B
2024
Goods exports
$214B
2025
$5.48B
2024
Service imports
$98.3B
2025
$1.8B
2024
Service exports
$105B
2025
$516M
2024
Imports of goods and services, % of GDP
52.3%
2025
26.7%
2025
Exports of goods and services, % of GDP
54.7%
2025
22.1%
2025

Economic freedom indices

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

Austria Mali
Economic freedom 69.8 52.1
Economic freedom ranking 38/197 150/197
Property rights 95.7 13.8
Government integrity 75 23.2
Judicial effectiveness 94.8 23.3
Tax burden 45.7 67.9
Government spending 12.8 81.8
Fiscal health 67.1 73.6
Business freedom 78.7 40.8
Labor freedom 81.6 54.1
Monetary freedom 76.4 78.2
Trade freedom 79.4 64
Investment freedom 60 65
Financial freedom 70 40

Economic freedom comparison by year

Austria
Mali
1x
Year Economic freedom index
Austria Mali
2026 69.8 52.1
2025 69.7 52.6
2024 68.4 52.5
2023 71.1 54.5
2022 73.8 55.9
2021 73.9 55.6
2020 73.3 55.9
2019 72 58.1
2018 71.8 57.6
2017 72.3 58.6
2016 71.7 56.5
2015 71.2 56.4
2014 72.4 55.5
2013 71.8 56.4
2012 70.3 55.8
2011 71.9 56.3
2010 71.6 55.6
2009 71.2 55.6
2008 71.4 55.6
2007 71.6 54.7
2006 71.1 54.1
2005 68.8 57.3
2004 67.6 56.6
2003 67.6 58.6
2002 67.4 61.1
2001 68.1 60.1
2000 68.4 60.3
1999 64 58.4
1998 65.4 57.3
1997 65.2 56.4
1996 68.9 57
1995 70 52.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 52.1 for Mali, ranking 150/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Mali
Services, % of GDP
64.1%
2025
36.6%
2025
Industry, % of GDP
24%
2025
23.4%
2025
Agriculture, forestry, and fishing, % of GDP
1.26%
2025
33%
2025
GNI, Atlas method
$556B
2025
$28.3B
2025
GNI per capita, PPP
$77,010
2025
$3,400
2025
Total reserves including gold
$53.4B
2025
n/a
Total reserves ranking
46/177
2025
n/a
Net foreign direct investment
$5.61B
2025
-$843M
2024
Net inflows of foreign direct investment
$13.7B
2024
$921M
2024
Net outflows of foreign direct investment
$13.8B
2024
$78.1M
2024
Servicing debt to the IMF, % of GNI n/a
1.42%
2024
Poverty at national poverty lines
14.8%
2021
43.3%
2024
Gross capital formation, % of GDP
23.7%
2025
20%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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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.

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.