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Economy of Austria vs San Marino compared: GDP & Debt

Updated on by Georank

Austria has a GDP of $579B compared to $2.03B for San Marino, ranking 29/197 and 180/197 by economy size, respectively.

Austria has $466B in government debt (80.5% of GDP), compared to $1.39B (60.6% of GDP) in San Marino.

Austria vs San Marino GDP by year

Austria
San Marino
1x
Year GDP, current $
Austria San Marino
2025 $579,470,021,095 -
2024 $534,790,720,467 -
2023 $516,670,509,629 $2,027,243,194
2022 $473,221,298,968 $1,831,701,023
2021 $480,466,363,177 $1,855,395,712
2020 $434,397,601,558 $1,544,713,785
2019 $442,983,642,372 $1,616,231,696
2018 $452,582,294,973 $1,655,354,329
2017 $414,926,138,133 $1,528,621,193
2016 $393,687,359,770 $1,468,342,400
2015 $379,546,097,301 $1,419,400,396
2014 $438,556,021,078 $1,673,910,988
2013 $426,580,502,769 $1,678,741,202
2012 $406,750,487,604 $1,604,701,051
2011 $428,954,737,064 $1,813,717,695
2010 $389,827,789,218 $1,881,191,950
2009 $399,290,118,782 $2,064,277,984
2008 $429,234,399,096 $2,403,214,436
2007 $386,760,177,589 $2,188,653,429
2006 $333,905,979,332 $1,909,765,811
2005 $313,952,317,331 $1,786,513,631
2004 $299,210,411,455 $1,715,341,295
2003 $260,779,834,340 $1,462,590,387
2002 $212,837,224,023 $1,148,872,076
2001 $196,477,206,829 $1,059,529,731
2000 $196,181,599,831 $1,007,661,291
1999 $216,421,809,126 $1,109,473,282
1998 $217,068,085,816 $1,048,316,226
1997 $211,724,812,267 $976,606,911
1996 $235,952,581,232 -
1995 $240,094,169,510 -
1994 $202,738,023,130 -
1993 $189,634,029,339 -
1992 $194,314,032,056 -
1991 $173,113,449,617 -
1990 $165,811,372,383 -
1989 $132,584,448,258 -
1988 $132,817,124,707 -
1987 $123,682,091,859 -
1986 $98,648,254,169 -
1985 $69,114,996,010 -
1984 $67,719,055,773 -
1983 $71,838,528,420 -
1982 $70,996,111,963 -
1981 $70,755,997,062 -
1980 $81,737,498,405 -
1979 $73,647,694,287 -
1978 $61,809,208,756 -
1977 $51,343,861,460 -
1976 $42,791,707,448 -
1975 $39,902,300,703 -
1974 $35,051,468,640 -
1973 $29,399,860,145 -
1972 $21,973,207,929 -
1971 $17,788,536,733 -
1970 $15,312,791,744 -
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/san-marino | CC BY

GDP per capita in Austria vs San Marino by year

Austria
GDP per capita

GDP per capita, PPP
San Marino
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria San Marino
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $62,930 - - -
2024 $58,269 $73,911 - -
2023 $56,580 $73,545 $59,871 $78,745
2022 $52,337 $72,065 $54,265 $75,941
2021 $53,649 $62,969 $54,169 $64,745
2020 $48,716 $58,523 $44,427 $55,207
2019 $49,886 $60,355 $46,627 $57,444
2018 $51,194 $56,636 $47,951 $54,461
2017 $47,164 $53,870 $45,192 $52,463
2016 $45,061 $52,398 $44,359 $53,033
2015 $43,915 $49,549 $43,147 $52,247
2014 $51,315 $48,355 $51,260 $52,909
2013 $50,305 $47,520 $50,808 $50,770
2012 $48,250 $46,156 $47,946 $51,274
2011 $51,117 $44,172 $55,601 $56,240
2010 $46,611 $41,735 $56,543 $58,926
2009 $47,857 $40,687 $62,429 $61,970
2008 $51,581 $41,047 $75,902 $71,724
2007 $46,623 $39,192 $70,124 $71,744
2006 $40,382 $37,388 $63,271 $67,434
2005 $38,157 $34,777 $59,878 $63,739
2004 $36,614 $33,519 $58,232 $61,114
2003 $32,110 $31,959 $52,530 $60,224
2002 $26,335 $30,952 $41,791 $57,584
2001 $24,430 $29,553 $39,035 $57,252
2000 $24,487 $29,221 $37,601 $53,713
1999 $27,079 $27,500 $41,932 $52,064
1998 $27,212 $26,531 $40,127 $47,679
1997 $26,572 $25,301 $37,853 $44,426
1996 $29,646 $24,427 - -
1995 $30,207 $23,604 - -
1994 $25,546 $22,553 - -
1993 $23,987 $21,647 - -
1992 $24,783 $21,209 - -
1991 $22,323 $20,536 - -
1990 $21,596 $19,396 - -
1989 $17,401 - - -
1988 $17,510 - - -
1987 $16,329 - - -
1986 $13,032 - - -
1985 $9,136 - - -
1984 $8,956 - - -
1983 $9,500 - - -
1982 $9,373 - - -
1981 $9,348 - - -
1980 $10,827 - - -
1979 $9,755 - - -
1978 $8,173 - - -
1977 $6,784 - - -
1976 $5,656 - - -
1975 $5,265 - - -
1974 $4,613 - - -
1973 $3,875 - - -
1972 $2,913 - - -
1971 $2,372 - - -
1970 $2,051 - - -
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/san-marino | CC BY

Austria's GDP per capita is $62,930, ranking 16/197, compared to $59,871 in San Marino, ranking 20/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while San Marino ranks 17th at $78,745.

Economic indicators

Austria San Marino
Gross domestic product
$579B
2025
$2.03B
2023
GDP rank
29/197
2025
180/197
2023
GDP growth
0.62%
2024-2025
0.4%
2022-2023
GDP per capita
$62,930
2025
$59,871
2023
GDP per capita rank
16/197
2025
20/197
2023
GDP per capita, PPP
$73,911
2024
$78,745
2023
GDP per capita PPP rank
19/197
2024
17/197
2023
Government debt
$466B
2025
$1.39B
2023
Debt-to-GDP ratio
80.5%
2025
60.6%
2025
Government debt per person
$50,654
2025
$40,914
2023
Government debt per person rank
10/185
2025
17/185
2023
Average annual personal income after taxes
$38,467
2026
$46,440
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
n/a
Income share by poorest 10%
2.8%
2023
n/a
Government expenditure, % of GDP
55.2%
2025
22%
2025
Consumer prices inflation
3.53%
2024-2025
2.3%
2024-2025
Unemployment rate
5.78%
2025
4.92%
2022
Population
9201502
34159

Spending and national debt comparison by year

Austria
Spending

Debt
San Marino
Spending

Debt
1x
Year % of GDP
Austria San Marino
Government spending Government debt Government spending Government debt
2025 55.2% 80.5% 22% 60.6%
2024 55.2% 79.2% 20.9% 62.9%
2023 52.2% 77.8% 21.7% 68.3%
2022 53% 78.1% 21.7% 70.6%
2021 56% 82.4% 37.1% 77.2%
2020 57.3% 83.2% 59.2% 69.8%
2019 49.1% 71% 22.4% 56.2%
2018 49.2% 74.6% 24.5% 56.7%
2017 49.8% 79.1% 25.6% 56.6%
2016 50.6% 83.4% 23.4% 21.4%
2015 51.2% 85.6% 26.3% 19.3%
2014 52.4% 85.2% 23.7% 21%
2013 52.4% 82.4% 30.2% 23.2%
2012 51.8% 82.9% 30.6% 17.2%
2011 51.3% 83.4% 25.4% 16.6%
2010 53.4% 83.7% 24.4% 20%
2009 54.6% 80.8% 24.8% 20.1%
2008 50.4% 69.5% 22% 15.5%
2007 49.7% 65.8% 20.7% 12.6%
2006 50.9% 68.2% 19.7% 14.2%
2005 51.7% 69.4% 19.3% 14.5%
2004 54.3% 65.9% 19% 16.9%
2003 51.8% 66.4% - 16.1%
2002 51.6% 67.4% - 17.2%
2001 51.8% 67.2% - 11.6%
2000 50.9% 66.1% - -
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/san-marino | CC BY

In 2025, Austria's government spending was $320B, accounting for 55.2% of its GDP, while San Marino spent $439M, or 22% of GDP.

Debt-to-GDP ratio is 80.5% in Austria and 60.6% in San Marino, ranking 42/185 and 75/185, respectively.

Government deficit by year

Deficit/surplus
Austria

San Marino
1x
Year Deficit/surplus, % of GDP
Austria San Marino
2025 -4.52% -1%
2024 -4.68% 0.39%
2023 -2.59% -0.72%
2022 -3.41% 0.42%
2021 -5.69% -16.4%
2020 -8.2% -37.6%
2019 0.54% -0.11%
2018 0.2% -1.56%
2017 -0.78% -3.49%
2016 -1.45% -0.19%
2015 -0.48% -3.32%
2014 -1.92% 1.06%
2013 -1.99% -7.74%
2012 -2.18% -7.08%
2011 -2.48% -4.05%
2010 -4.46% -2.24%
2009 -5.38% -2.46%
2008 -1.57% 0.18%
2007 -1.56% 1.83%
2006 -2.61% 1.51%
2005 -2.59% 3.58%
2004 -4.94% 2.44%
2003 -1.84% -
2002 -1.43% -
2001 -0.71% -
2000 -2.07% -
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/san-marino | CC BY

In 2023, Austria's government deficit, the difference between spending and revenue, was $13.4B, equivalent to 2.59% of GDP. This compares to San Marino's deficit of $14.7M, or 0.72% of GDP.

Over the past 20 years, Austria recorded a fiscal deficit in 18 of those years, while San Marino ran a deficit in 13 years. On average, Austria posted an annual deficit equal to 2.68% of GDP, compared to deficit of 3.8% of GDP for San Marino.

Inflation comparison by year

Inflation
Austria

San Marino
1x
Year Consumer prices inflation
Austria San Marino
2025 3.53% 2.3%
2024 2.94% 1.2%
2023 7.81% 5.9%
2022 8.55% 5.3%
2021 2.77% 1.6%
2020 1.38% -0.1%
2019 1.53% 0.5%
2018 2% 1.2%
2017 2.08% 1%
2016 0.89% 0.6%
2015 0.9% 0.1%
2014 1.61% 1.1%
2013 2% 1.6%
2012 2.49% 2.8%
2011 3.29% 2.2%
2010 1.81% 2.4%
2009 0.51% 2.4%
2008 3.22% 4.1%
2007 2.17% 2.5%
2006 1.44% 2.1%
2005 2.3% 1.7%
2004 2.06% 1.4%
2003 1.36% 1.3%
2002 1.81% -
2001 2.65% -
2000 2.34% -
1999 0.57% -
1998 0.92% -
1997 1.31% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2003–2025, retrieved 2026-07-08).

GeoRank.org/economy/austria/san-marino | CC BY

Over the past 23 years, Austria has recorded an average annual inflation rate of 2.55%, compared with 1.97% in San Marino. In 2025, inflation was 3.53% in Austria and 2.3% in San Marino.

Balance of trade

Austria San Marino
Current account balance
$10.4B
2025
$446M
2023
Current account balance ranking
24/190
2025
60/190
2023
Current account balance, % of GDP
+1.79%
2025
+22%
2023
Goods imports
$208B
2025
$2.25B
2023
Goods exports
$214B
2025
$2.53B
2023
Service imports
$98.3B
2025
$894M
2023
Service exports
$105B
2025
$1.25B
2023
Imports of goods and services, % of GDP
52.3%
2025
155%
2023
Exports of goods and services, % of GDP
54.7%
2025
186%
2023

Economic freedom indices

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

Austria San Marino
Economic freedom 69.8 76
Economic freedom ranking 38/197 16/197
Property rights 95.7 n/a
Government integrity 75 n/a
Judicial effectiveness 94.8 n/a
Tax burden 45.7 n/a
Government spending 12.8 n/a
Fiscal health 67.1 n/a
Business freedom 78.7 n/a
Labor freedom 81.6 n/a
Monetary freedom 76.4 n/a
Trade freedom 79.4 n/a
Investment freedom 60 n/a
Financial freedom 70 n/a

Other economic metrics

Austria San Marino
Services, % of GDP
64.1%
2025
56.9%
2023
Industry, % of GDP
24%
2025
35.8%
2023
Agriculture, forestry, and fishing, % of GDP
1.26%
2025
0.02%
2023
GNI, Atlas method
$556B
2025
$1.83B
2023
GNI per capita, PPP
$77,010
2025
$71,920
2023
Total reserves including gold
$53.4B
2025
$861M
2025
Total reserves ranking
46/177
2025
144/177
2025
Net foreign direct investment
$5.61B
2025
$52.7M
2023
Net inflows of foreign direct investment
$13.7B
2024
-$18.1M
2023
Net outflows of foreign direct investment
$13.8B
2024
$0
2024
Poverty at national poverty lines
14.8%
2021
n/a
Gross capital formation, % of GDP
23.7%
2025
16.6%
2023

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/san-marino | 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. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.