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Economy of Austria vs Qatar compared: GDP & Debt

Updated on by Georank

Austria has a GDP of $579B compared to $216B for Qatar, ranking 29/197 and 56/197 by economy size, respectively.

Austria has $466B in government debt (80.5% of GDP), compared to $89.2B (41.4% of GDP) in Qatar.

Austria vs Qatar GDP by year

Austria
Qatar
1x
Year GDP, current $
Austria Qatar
2025 $579,470,021,095 $215,559,615,385
2024 $534,790,720,467 $216,294,505,495
2023 $516,670,509,629 $213,002,809,341
2022 $473,221,298,968 $235,709,325,714
2021 $480,466,363,177 $179,732,009,560
2020 $434,397,601,558 $144,411,363,352
2019 $442,983,642,372 $176,371,267,692
2018 $452,582,294,973 $183,334,953,819
2017 $414,926,138,133 $161,099,122,225
2016 $393,687,359,770 $151,732,181,868
2015 $379,546,097,301 $161,739,955,577
2014 $438,556,021,078 $206,224,598,571
2013 $426,580,502,769 $198,727,642,967
2012 $406,750,487,604 $186,833,502,363
2011 $428,954,737,064 $167,775,274,725
2010 $389,827,789,218 $125,122,252,747
2009 $399,290,118,782 $97,798,351,648
2008 $429,234,399,096 $115,269,780,220
2007 $386,760,177,589 $79,711,813,187
2006 $333,905,979,332 $60,882,142,857
2005 $313,952,317,331 $44,530,494,505
2004 $299,210,411,455 $31,734,065,934
2003 $260,779,834,340 $23,533,791,209
2002 $212,837,224,023 $19,363,736,264
2001 $196,477,206,829 $17,538,461,538
2000 $196,181,599,831 $17,759,890,110
1999 $216,421,809,126 $12,393,131,868
1998 $217,068,085,816 $10,255,494,505
1997 $211,724,812,267 $11,297,802,198
1996 $235,952,581,232 $9,059,340,659
1995 $240,094,169,510 $8,137,912,088
1994 $202,738,023,130 $7,374,450,549
1993 $189,634,029,339 $7,156,593,407
1992 $194,314,032,056 $7,646,153,846
1991 $173,113,449,617 $6,883,516,484
1990 $165,811,372,383 $7,360,439,560
1989 $132,584,448,258 $6,487,912,088
1988 $132,817,124,707 $6,038,186,813
1987 $123,682,091,859 $5,446,428,571
1986 $98,648,254,169 $5,053,021,978
1985 $69,114,996,010 $6,153,296,703
1984 $67,719,055,773 $6,870,329,670
1983 $71,838,528,420 $6,484,890,110
1982 $70,996,111,963 $7,611,263,736
1981 $70,755,997,062 $8,672,527,473
1980 $81,737,498,405 $7,837,915,956
1979 $73,647,694,287 $5,632,962,997
1978 $61,809,208,756 $4,052,000,413
1977 $51,343,861,460 $3,617,564,638
1976 $42,791,707,448 $3,284,273,987
1975 $39,902,300,703 $2,512,773,166
1974 $35,051,468,640 $2,401,403,227
1973 $29,399,860,145 $793,885,560
1972 $21,973,207,929 $510,262,500
1971 $17,788,536,733 $387,703,106
1970 $15,312,791,744 $301,791,302
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/qatar | CC BY

GDP per capita in Austria vs Qatar by year

Austria
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $62,930 - $72,525 -
2024 $58,269 $73,911 $75,685 $126,046
2023 $56,580 $73,545 $80,196 $129,368
2022 $52,337 $72,065 $88,701 $122,921
2021 $53,649 $62,969 $71,752 $116,833
2020 $48,716 $58,523 $51,684 $82,149
2019 $49,886 $60,355 $66,841 $107,503
2018 $51,194 $56,636 $71,040 $110,033
2017 $47,164 $53,870 $63,280 $99,358
2016 $45,061 $52,398 $61,254 $89,935
2015 $43,915 $49,549 $68,985 $102,546
2014 $51,315 $48,355 $95,841 $148,389
2013 $50,305 $47,520 $103,697 $169,203
2012 $48,250 $46,156 $108,470 $180,939
2011 $51,117 $44,172 $103,262 $174,620
2010 $46,611 $41,735 $77,387 $151,646
2009 $47,857 $40,687 $60,786 $125,898
2008 $51,581 $41,047 $80,781 $126,015
2007 $46,623 $39,192 $65,954 $124,056
2006 $40,382 $37,388 $62,582 $127,181
2005 $38,157 $34,777 $53,950 $115,250
2004 $36,614 $33,519 $41,036 $110,958
2003 $32,110 $31,959 $31,602 $94,120
2002 $26,335 $30,952 $27,227 $93,177
2001 $24,430 $29,553 $25,871 $89,805
2000 $24,487 $29,221 $27,535 $88,849
1999 $27,079 $27,500 $20,234 $84,690
1998 $27,212 $26,531 $17,665 $84,486
1997 $26,572 $25,301 $20,523 $79,219
1996 $29,646 $24,427 $17,125 $62,331
1995 $30,207 $23,604 $15,823 $60,321
1994 $25,546 $22,553 $14,765 $59,415
1993 $23,987 $21,647 $14,770 $59,125
1992 $24,783 $21,209 $16,280 $60,387
1991 $22,323 $20,536 $15,133 $54,759
1990 $21,596 $19,396 $16,722 $55,659
1989 $17,401 - $15,243 -
1988 $17,510 - $14,682 -
1987 $16,329 - $13,719 -
1986 $13,032 - $13,213 -
1985 $9,136 - $16,815 -
1984 $8,956 - $19,749 -
1983 $9,500 - $19,669 -
1982 $9,373 - $24,431 -
1981 $9,348 - $29,543 -
1980 $10,827 - $28,407 -
1979 $9,755 - $21,777 -
1978 $8,173 - $16,757 -
1977 $6,784 - $16,058 -
1976 $5,656 - $15,710 -
1975 $5,265 - $13,014 -
1974 $4,613 - $13,540 -
1973 $3,875 - $4,905 -
1972 $2,913 - $3,483 -
1971 $2,372 - $2,952 -
1970 $2,051 - $2,594 -
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/qatar | CC BY

Austria's GDP per capita is $62,930, ranking 16/197, compared to $72,525 in Qatar, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while Qatar ranks 5th at $126,046.

Economic indicators

Austria Qatar
Gross domestic product
$579B
2025
$216B
2025
GDP rank
29/197
2025
56/197
2025
GDP growth
0.62%
2024-2025
2.9%
2024-2025
GDP per capita
$62,930
2025
$72,525
2025
GDP per capita rank
16/197
2025
13/197
2025
GDP per capita, PPP
$73,911
2024
$126,046
2024
GDP per capita PPP rank
19/197
2024
5/197
2024
Government debt
$466B
2025
$89.2B
2025
Debt-to-GDP ratio
80.5%
2025
41.4%
2025
Government debt per person
$50,654
2025
$30,009
2025
Government debt per person rank
10/185
2025
24/185
2025
Average annual personal income after taxes
$38,467
2026
$37,042
2026
Market capitalization of domestic companies
$211B
2025
$177B
2025
Number of millionaires n/a
30,000
2026
Number of billionaires
9
2026
2
2026
Income share by richest 10%
24.8%
2023
25.8%
2017
Income share by poorest 10%
2.8%
2023
2.6%
2017
Government expenditure, % of GDP
55.2%
2025
27.1%
2025
Consumer prices inflation
3.53%
2024-2025
0.6%
2024-2025
Central bank interest rate n/a
4.1%
2025
Unemployment rate
5.78%
2025
0.1%
2024
Population
9201502
3058826

Spending and national debt comparison by year

Austria
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Austria Qatar
Government spending Government debt Government spending Government debt
2025 55.2% 80.5% 27.1% 41.4%
2024 55.2% 79.2% 26% 41.3%
2023 52.2% 77.8% 26.7% 42.8%
2022 53% 78.1% 24.3% 42.6%
2021 56% 82.4% 29.4% 58.4%
2020 57.3% 83.2% 34.7% 72.6%
2019 49.1% 71% 32.5% 62.1%
2018 49.2% 74.6% 28.9% 52.2%
2017 49.8% 79.1% 34.7% 51.6%
2016 50.6% 83.4% 40.1% 46.7%
2015 51.2% 85.6% 38.6% 35.5%
2014 52.4% 85.2% 32.3% 24.9%
2013 52.4% 82.4% 28.3% 30.9%
2012 51.8% 82.9% 31% 32.1%
2011 51.3% 83.4% 28.5% 33.5%
2010 53.4% 83.7% 32% 30.4%
2009 54.6% 80.8% 36.4% 36%
2008 50.4% 69.5% 23.5% 11.4%
2007 49.7% 65.8% 29.5% 9.37%
2006 50.9% 68.2% 29.5% 13.9%
2005 51.7% 69.4% 29% 19.1%
2004 54.3% 65.9% 29.9% 30.1%
2003 51.8% 66.4% 28.5% 38.8%
2002 51.6% 67.4% 31.6% 47.7%
2001 51.8% 67.2% 32.1% 59.2%
2000 50.9% 66.1% 29.8% 51.6%
1999 50.5% 61.3% 42.4% 81.8%
1998 54.4% 69.2% 55.1% 76.6%
1997 52.5% 63.4% 47.6% 54.4%
1996 55.9% 68.2% 55.2% 57.8%
1995 56.1% 68.2% 52.2% 50.2%
1994 54.3% 64.1% 59.8% 54.8%
1993 54.3% 61% 62.8% 46.3%
1992 49.3% 56.3% 54.2% 19.9%
1991 47.9% 56.4% 57.5% 21.8%
1990 46.8% 56.2% 50% 12.6%
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/qatar | CC BY

In 2025, Austria's government spending was $320B, accounting for 55.2% of its GDP, while Qatar spent $58.4B, or 27.1% of GDP.

Debt-to-GDP ratio is 80.5% in Austria and 41.4% in Qatar, ranking 42/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Qatar
1x
Year Deficit/surplus, % of GDP
Austria Qatar
2025 -4.52% -1%
2024 -4.68% 0.71%
2023 -2.59% 5.51%
2022 -3.41% 10.4%
2021 -5.69% 0.24%
2020 -8.2% -2.13%
2019 0.54% 1%
2018 0.2% 2.26%
2017 -0.78% -6.82%
2016 -1.45% -9.2%
2015 -0.48% 18.4%
2014 -1.92% 13.4%
2013 -1.99% 19.3%
2012 -2.18% 8.55%
2011 -2.48% 5.24%
2010 -4.46% 4.6%
2009 -5.38% 14.1%
2008 -1.57% 9.49%
2007 -1.56% 10.3%
2006 -2.61% 8.39%
2005 -2.59% 9.8%
2004 -4.94% 17.7%
2003 -1.84% 6.71%
2002 -1.43% 7.89%
2001 -0.71% 4.48%
2000 -2.07% 4.62%
1999 -2.63% -4.35%
1998 -2.68% -7%
1997 -2.38% -9.4%
1996 -4.38% -8.73%
1995 -6.17% -5.78%
1994 -5.04% -11.8%
1993 -4.57% -9.53%
1992 -2.15% -2.74%
1991 -2.96% -2.57%
1990 -2.58% 3.23%
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/qatar | 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 Qatar's deficit of $2.16B, or 1% of GDP.

Over the past 36 years, Austria recorded a fiscal deficit in 34 of those years, while Qatar ran a deficit in 13 years. On average, Austria posted an annual deficit equal to 2.9% of GDP, compared to surplus of 2.92% of GDP for Qatar.

Inflation comparison by year

Inflation
Austria

Qatar
1x
Year Consumer prices inflation
Austria Qatar
2025 3.53% 0.6%
2024 2.94% 1.2%
2023 7.81% 3.1%
2022 8.55% 5%
2021 2.77% 2.3%
2020 1.38% -2.5%
2019 1.53% -0.9%
2018 2% 0.1%
2017 2.08% 0.6%
2016 0.89% 2.7%
2015 0.9% 0.9%
2014 1.61% 4.2%
2013 2% 3.1%
2012 2.49% 1.8%
2011 3.29% 2%
2010 1.81% -2.4%
2009 0.51% -4.9%
2008 3.22% 15.1%
2007 2.17% 13.7%
2006 1.44% 11.7%
2005 2.3% 9%
2004 2.06% 6.8%
2003 1.36% 2.3%
2002 1.81% 0.2%
2001 2.65% 1.7%
2000 2.34% 1.6%
1999 0.57% 2.2%
1998 0.92% 2.9%
1997 1.31% 2.7%

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/qatar | CC BY

Over the past 29 years, Austria has recorded an average annual inflation rate of 2.35%, compared with 2.99% in Qatar. In 2025, inflation was 3.53% in Austria and 0.6% in Qatar.

Top exports between countries

Austria
Export category Export value
Machinery & equipment $71.7M
Chemicals & pharma $11.1M
Metals $8.24M
Wood & paper products $7.04M
Textiles & consumer goods $4.02M
Processed food, beverages & tobacco $3.91M
Weapons & explosives $1.89M
Animal & marine products $1.75M
Raw materials & minerals $851K
Precious metals & jewellery $591K
Qatar
Export category Export value
Chemicals & pharma $18.2M
Machinery & equipment $4.47M
Wood & paper products $512K
Textiles & consumer goods $135K
Metals $126K
Weapons & explosives $26K
Precious metals & jewellery $22K
Raw materials & minerals $17K
Miscellaneous $13K

Balance of trade

Austria Qatar
Current account balance
$10.4B
2025
$31.9B
2025
Current account balance ranking
24/190
2025
17/190
2025
Current account balance, % of GDP
+1.79%
2025
+14.8%
2025
Goods imports
$208B
2025
$34.3B
2025
Goods exports
$214B
2025
$90B
2025
Service imports
$98.3B
2025
$31.3B
2025
Service exports
$105B
2025
$24.4B
2025
Imports of goods and services, % of GDP
52.3%
2025
31.6%
2022
Exports of goods and services, % of GDP
54.7%
2025
68.6%
2022

Economic freedom indices

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

Austria Qatar
Economic freedom 69.8 70.2
Economic freedom ranking 38/197 37/197
Property rights 95.7 66.2
Government integrity 75 53.5
Judicial effectiveness 94.8 41.5
Tax burden 45.7 99.9
Government spending 12.8 79.9
Fiscal health 67.1 96.6
Business freedom 78.7 68
Labor freedom 81.6 58.5
Monetary freedom 76.4 76
Trade freedom 79.4 81.8
Investment freedom 60 60
Financial freedom 70 60

Economic freedom comparison by year

Austria
Qatar
1x
Year Economic freedom index
Austria Qatar
2026 69.8 70.2
2025 69.7 70.2
2024 68.4 68.8
2023 71.1 68.6
2022 73.8 67.7
2021 73.9 72
2020 73.3 72.3
2019 72 72.6
2018 71.8 72.6
2017 72.3 73.1
2016 71.7 70.7
2015 71.2 70.8
2014 72.4 71.2
2013 71.8 71.3
2012 70.3 71.3
2011 71.9 70.5
2010 71.6 69
2009 71.2 65.8
2008 71.4 62.2
2007 71.6 62.9
2006 71.1 62.4
2005 68.8 63.5
2004 67.6 66.5
2003 67.6 65.9
2002 67.4 61.9
2001 68.1 60
2000 68.4 62
1999 64 62
1998 65.4 -
1997 65.2 -
1996 68.9 -
1995 70 -

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

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

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Qatar
Services, % of GDP
64.1%
2025
47%
2025
Industry, % of GDP
24%
2025
57%
2025
Agriculture, forestry, and fishing, % of GDP
1.26%
2025
0.31%
2025
GNI, Atlas method
$556B
2025
$221B
2025
GNI per capita, PPP
$77,010
2025
$126,290
2025
Total reserves including gold
$53.4B
2025
$55.8B
2025
Total reserves ranking
46/177
2025
45/177
2025
Net foreign direct investment
$5.61B
2025
$311M
2025
Net inflows of foreign direct investment
$13.7B
2024
$460M
2024
Net outflows of foreign direct investment
$13.8B
2024
$1.56B
2024
Poverty at national poverty lines
14.8%
2021
n/a
Gross capital formation, % of GDP
23.7%
2025
30.6%
2022

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/qatar | 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)
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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.