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Economy of Austria vs Malta compared: GDP & Debt

Updated on by Georank

Austria has a GDP of $579B compared to $27.8B for Malta, ranking 29/197 and 118/197 by economy size, respectively.

Austria has $466B in government debt (80.5% of GDP), compared to $13B (46.8% of GDP) in Malta.

Austria vs Malta GDP by year

Austria
Malta
1x
Year GDP, current $
Austria Malta
2025 $579,470,021,095 $27,771,821,561
2024 $534,790,720,467 $25,042,712,191
2023 $516,670,509,629 $22,625,329,776
2022 $473,221,298,968 $18,938,869,147
2021 $480,466,363,177 $19,730,119,031
2020 $434,397,601,558 $16,404,655,808
2019 $442,983,642,372 $16,337,788,881
2018 $452,582,294,973 $16,153,785,817
2017 $414,926,138,133 $14,161,374,599
2016 $393,687,359,770 $12,025,777,078
2015 $379,546,097,301 $11,340,789,706
2014 $438,556,021,078 $11,888,029,752
2013 $426,580,502,769 $10,796,780,874
2012 $406,750,487,604 $9,609,530,619
2011 $428,954,737,064 $9,789,363,086
2010 $389,827,789,218 $9,097,044,301
2009 $399,290,118,782 $8,769,897,418
2008 $429,234,399,096 $9,172,399,573
2007 $386,760,177,589 $7,908,412,374
2006 $333,905,979,332 $6,749,838,862
2005 $313,952,317,331 $6,393,234,965
2004 $299,210,411,455 $6,104,141,501
2003 $260,779,834,340 $5,418,315,225
2002 $212,837,224,023 $4,455,127,398
2001 $196,477,206,829 $4,070,867,153
2000 $196,181,599,831 $4,036,809,767
1999 $216,421,809,126 $4,111,857,836
1998 $217,068,085,816 $4,010,111,652
1997 $211,724,812,267 $3,787,023,655
1996 $235,952,581,232 $3,822,547,151
1995 $240,094,169,510 $3,709,396,089
1994 $202,738,023,130 $2,998,505,428
1993 $189,634,029,339 $2,709,193,538
1992 $194,314,032,056 $3,021,942,759
1991 $173,113,449,617 $2,750,216,747
1990 $165,811,372,383 $2,547,328,748
1989 $132,584,448,258 $2,118,655,677
1988 $132,817,124,707 $2,019,503,068
1987 $123,682,091,859 $1,751,293,461
1986 $98,648,254,169 $1,435,038,441
1985 $69,114,996,010 $1,117,797,439
1984 $67,719,055,773 $1,101,807,023
1983 $71,838,528,420 $1,165,729,707
1982 $70,996,111,963 $1,234,474,404
1981 $70,755,997,062 $1,243,509,394
1980 $81,737,498,405 $1,250,198,601
1979 $73,647,694,287 $1,001,288,847
1978 $61,809,208,756 $793,673,402
1977 $51,343,861,460 $625,563,171
1976 $42,791,707,448 $527,936,989
1975 $39,902,300,703 $474,618,321
1974 $35,051,468,640 $376,081,124
1973 $29,399,860,145 $345,616,106
1972 $21,973,207,929 $295,106,628
1971 $17,788,536,733 $264,578,485
1970 $15,312,791,744 $250,728,796
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Austria vs Malta by year

Austria
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $62,930 - $47,907 -
2024 $58,269 $73,911 $44,024 $69,864
2023 $56,580 $73,545 $40,933 $67,057
2022 $52,337 $72,065 $35,659 $60,589
2021 $53,649 $62,969 $38,078 $56,852
2020 $48,716 $58,523 $31,823 $49,972
2019 $49,886 $60,355 $32,422 $51,393
2018 $51,194 $56,636 $33,382 $48,178
2017 $47,164 $53,870 $30,317 $45,764
2016 $45,061 $52,398 $26,459 $41,000
2015 $43,915 $49,549 $25,530 $38,369
2014 $51,315 $48,355 $27,425 $35,206
2013 $50,305 $47,520 $25,416 $33,138
2012 $48,250 $46,156 $22,878 $30,716
2011 $51,117 $44,172 $23,517 $29,426
2010 $46,611 $41,735 $21,947 $28,909
2009 $47,857 $40,687 $21,262 $26,782
2008 $51,581 $41,047 $22,406 $26,654
2007 $46,623 $39,192 $19,444 $25,012
2006 $40,382 $37,388 $16,654 $23,219
2005 $38,157 $34,777 $15,831 $22,227
2004 $36,614 $33,519 $15,212 $21,566
2003 $32,110 $31,959 $13,594 $20,813
2002 $26,335 $30,952 $11,251 $19,532
2001 $24,430 $29,553 $10,358 $18,435
2000 $24,487 $29,221 $10,348 $18,214
1999 $27,079 $27,500 $10,609 $16,898
1998 $27,212 $26,531 $10,408 $16,219
1997 $26,572 $25,301 $9,893 $15,465
1996 $29,646 $24,427 $10,062 $14,661
1995 $30,207 $23,604 $9,828 $13,950
1994 $25,546 $22,553 $8,000 $12,938
1993 $23,987 $21,647 $7,296 $12,103
1992 $24,783 $21,209 $8,220 $11,429
1991 $22,323 $20,536 $7,559 $10,784
1990 $21,596 $19,396 $7,192 $10,086
1989 $17,401 - $6,041 -
1988 $17,510 - $5,814 -
1987 $16,329 - $5,084 -
1986 $13,032 - $4,195 -
1985 $9,136 - $3,322 -
1984 $8,956 - $3,333 -
1983 $9,500 - $3,527 -
1982 $9,373 - $3,788 -
1981 $9,348 - $3,898 -
1980 $10,827 - $3,948 -
1979 $9,755 - $3,196 -
1978 $8,173 - $2,559 -
1977 $6,784 - $2,038 -
1976 $5,656 - $1,727 -
1975 $5,265 - $1,560 -
1974 $4,613 - $1,245 -
1973 $3,875 - $1,144 -
1972 $2,913 - $976 -
1971 $2,372 - $874 -
1970 $2,051 - $828 -
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 (1960–2025, retrieved 2026-07-08).

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

Austria's GDP per capita is $62,930, ranking 16/197, compared to $47,907 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while Malta ranks 25th at $69,864.

Economic indicators

Austria Malta
Gross domestic product
$579B
2025
$27.8B
2025
GDP rank
29/197
2025
118/197
2025
GDP growth
0.62%
2024-2025
3.96%
2024-2025
GDP per capita
$62,930
2025
$47,907
2025
GDP per capita rank
16/197
2025
28/197
2025
GDP per capita, PPP
$73,911
2024
$69,864
2024
GDP per capita PPP rank
19/197
2024
25/197
2024
Government debt
$466B
2025
$13B
2025
Debt-to-GDP ratio
80.5%
2025
46.8%
2025
Government debt per person
$50,654
2025
$22,407
2025
Government debt per person rank
10/185
2025
30/185
2025
Average annual personal income after taxes
$38,467
2026
$22,914
2026
Market capitalization of domestic companies
$211B
2025
$5.35B
2025
Number of billionaires
9
2026
n/a
Income share by richest 10%
24.8%
2023
24.7%
2023
Income share by poorest 10%
2.8%
2023
2.8%
2023
Government expenditure, % of GDP
55.2%
2025
37%
2025
Consumer prices inflation
3.53%
2024-2025
2.36%
2024-2025
Unemployment rate
5.78%
2025
3.1%
2025
Population
9201502
586345

Spending and national debt comparison by year

Austria
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Austria Malta
Government spending Government debt Government spending Government debt
2025 55.2% 80.5% 37% 46.8%
2024 55.2% 79.2% 37.4% 46%
2023 52.2% 77.8% 35.8% 46.8%
2022 53% 78.1% 38.4% 50.1%
2021 56% 82.4% 39.5% 49.6%
2020 57.3% 83.2% 42.1% 48.6%
2019 49.1% 71% 34.9% 39.2%
2018 49.2% 74.6% 34.5% 41.4%
2017 49.8% 79.1% 32.7% 45.6%
2016 50.6% 83.4% 35.5% 53.1%
2015 51.2% 85.6% 37.8% 55%
2014 52.4% 85.2% 39.6% 60.7%
2013 52.4% 82.4% 40.1% 64.9%
2012 51.8% 82.9% 41.7% 65.6%
2011 51.3% 83.4% 41.5% 68.9%
2010 53.4% 83.7% 40.1% 65%
2009 54.6% 80.8% 41.1% 66%
2008 50.4% 69.5% 42.1% 61.5%
2007 49.7% 65.8% 41.2% 62%
2006 50.9% 68.2% 42.5% 64.5%
2005 51.7% 69.4% 42.5% 70.2%
2004 54.3% 65.9% 42% 70.4%
2003 51.8% 66.4% 45.6% 68.6%
2002 51.6% 67.4% 43.6% 65.1%
2001 51.8% 67.2% 44.4% 70%
2000 50.9% 66.1% 42.9% 64.4%
1999 50.5% 61.3% - 69.8%
1998 54.4% 69.2% - 66.4%
1997 52.5% 63.4% - 60.8%
1996 55.9% 68.2% - 51.5%
1995 56.1% 68.2% - 45.3%
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/malta | CC BY

In 2025, Austria's government spending was $320B, accounting for 55.2% of its GDP, while Malta spent $10.3B, or 37% of GDP.

Debt-to-GDP ratio is 80.5% in Austria and 46.8% in Malta, ranking 42/185 and 113/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Malta
1x
Year Deficit/surplus, % of GDP
Austria Malta
2025 -4.52% -3.1%
2024 -4.68% -3.51%
2023 -2.59% -4.43%
2022 -3.41% -5.33%
2021 -5.69% -6.96%
2020 -8.2% -8.71%
2019 0.54% 0.72%
2018 0.2% 1.86%
2017 -0.78% 3.4%
2016 -1.45% 1.1%
2015 -0.48% -0.84%
2014 -1.92% -1.49%
2013 -1.99% -2.19%
2012 -2.18% -3.31%
2011 -2.48% -2.99%
2010 -4.46% -2.22%
2009 -5.38% -3.11%
2008 -1.57% -4.06%
2007 -1.56% -2.05%
2006 -2.61% -2.46%
2005 -2.59% -2.83%
2004 -4.94% -4.28%
2003 -1.84% -9.04%
2002 -1.43% -5.62%
2001 -0.71% -6.5%
2000 -2.07% -5.83%
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/malta | 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 Malta's deficit of $861M, or 3.1% of GDP.

Over the past 26 years, Austria recorded a fiscal deficit in 24 of those years, while Malta ran a deficit in 22 years. On average, Austria posted an annual deficit equal to 2.65% of GDP, compared to deficit of 3.22% of GDP for Malta.

Inflation comparison by year

Inflation
Austria

Malta
1x
Year Consumer prices inflation
Austria Malta
2025 3.53% 2.36%
2024 2.94% 1.65%
2023 7.81% 5.09%
2022 8.55% 6.15%
2021 2.77% 1.5%
2020 1.38% 0.64%
2019 1.53% 1.64%
2018 2% 1.16%
2017 2.08% 1.36%
2016 0.89% 0.64%
2015 0.9% 1.1%
2014 1.61% 0.31%
2013 2% 1.18%
2012 2.49% 2.38%
2011 3.29% 2.96%
2010 1.81% 1.52%
2009 0.51% 2.08%
2008 3.22% 4.26%
2007 2.17% 1.25%
2006 1.44% 2.77%
2005 2.3% 3.01%
2004 2.06% 2.79%
2003 1.36% 1.3%
2002 1.81% 2.19%
2001 2.65% 2.93%
2000 2.34% 2.37%
1999 0.57% 2.13%
1998 0.92% 2.39%
1997 1.31% 3.11%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Austria has recorded an average annual inflation rate of 2.35%, compared with 2.22% in Malta. In 2025, inflation was 3.53% in Austria and 2.36% in Malta.

Top exports between countries

Austria
Export category Export value
IT & IP services $171M
Business & finance services $131M
Transport & tourism services $72.4M
Machinery & equipment $18.4M
Processed food, beverages & tobacco $11M
Wood & paper products $4.46M
Metals $4.31M
Government & miscellaneous services $3.81M
Chemicals & pharma $3.64M
Textiles & consumer goods $2.71M
Malta
Export category Export value
Business & finance services $145M
Transport & tourism services $69.2M
Manufacturing & construction services $13.2M
Chemicals & pharma $8.04M
IT & IP services $4.64M
Government & miscellaneous services $4.49M
Machinery & equipment $4.04M
Textiles & consumer goods $722K
Precious metals & jewellery $110K
Animal & marine products $43K

Balance of trade

Austria Malta
Current account balance
$10.4B
2025
$1.78B
2024
Current account balance ranking
24/190
2025
45/190
2024
Current account balance, % of GDP
+1.79%
2025
+7.1%
2024
Goods imports
$208B
2025
$7.56B
2024
Goods exports
$214B
2025
$4.58B
2024
Service imports
$98.3B
2025
$17.4B
2024
Service exports
$105B
2025
$25B
2024
Imports of goods and services, % of GDP
52.3%
2025
99.9%
2025
Exports of goods and services, % of GDP
54.7%
2025
119.1%
2025

Economic freedom indices

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

Austria Malta
Economic freedom 69.8 68.2
Economic freedom ranking 38/197 49/197
Property rights 95.7 85.5
Government integrity 75 54.3
Judicial effectiveness 94.8 80.2
Tax burden 45.7 68.5
Government spending 12.8 58.4
Fiscal health 67.1 63.2
Business freedom 78.7 83.2
Labor freedom 81.6 62.6
Monetary freedom 76.4 73.1
Trade freedom 79.4 79.4
Investment freedom 60 60
Financial freedom 70 50

Economic freedom comparison by year

Austria
Malta
1x
Year Economic freedom index
Austria Malta
2026 69.8 68.2
2025 69.7 66.8
2024 68.4 64.5
2023 71.1 67.5
2022 73.8 71.5
2021 73.9 70.2
2020 73.3 69.5
2019 72 68.6
2018 71.8 68.5
2017 72.3 67.7
2016 71.7 66.7
2015 71.2 66.5
2014 72.4 66.4
2013 71.8 67.5
2012 70.3 67
2011 71.9 65.7
2010 71.6 67.2
2009 71.2 66.1
2008 71.4 66
2007 71.6 66.1
2006 71.1 67.3
2005 68.8 68.9
2004 67.6 63.3
2003 67.6 61.1
2002 67.4 62.2
2001 68.1 62.9
2000 68.4 58.3
1999 64 59.3
1998 65.4 61.2
1997 65.2 57.9
1996 68.9 55.8
1995 70 56.3

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

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

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Malta
Services, % of GDP
64.1%
2025
81.3%
2025
Industry, % of GDP
24%
2025
10.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.26%
2025
0.47%
2025
GNI, Atlas method
$556B
2025
$24B
2025
GNI per capita, PPP
$77,010
2025
$64,900
2025
Total reserves including gold
$53.4B
2025
$1.54B
2025
Total reserves ranking
46/177
2025
134/177
2025
Net foreign direct investment
$5.61B
2025
-$6.13B
2024
Net inflows of foreign direct investment
$13.7B
2024
$42.6B
2024
Net outflows of foreign direct investment
$13.8B
2024
$36.5B
2024
Poverty at national poverty lines
14.8%
2021
16.7%
2021
Gross capital formation, % of GDP
23.7%
2025
18.7%
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/malta | 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 (2010–2025, 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.

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.