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Economy of Austria vs Senegal compared: GDP & Debt

Updated on by Georank

Austria has a GDP of $579B compared to $37B for Senegal, ranking 29/197 and 107/197 by economy size, respectively.

Austria has $466B in government debt (80.5% of GDP), compared to $48.2B (130.2% of GDP) in Senegal.

Austria vs Senegal GDP by year

Austria
Senegal
1x
Year GDP, current $
Austria Senegal
2025 $579,470,021,095 $37,006,536,238
2024 $534,790,720,467 $32,169,996,052
2023 $516,670,509,629 $30,696,331,296
2022 $473,221,298,968 $27,783,332,223
2021 $480,466,363,177 $27,520,784,130
2020 $434,397,601,558 $24,530,513,038
2019 $442,983,642,372 $23,403,995,992
2018 $452,582,294,973 $23,116,701,556
2017 $414,926,138,133 $20,965,069,573
2016 $393,687,359,770 $19,040,312,333
2015 $379,546,097,301 $17,774,766,696
2014 $438,556,021,078 $19,797,253,440
2013 $426,580,502,769 $18,918,667,725
2012 $406,750,487,604 $17,660,870,412
2011 $428,954,737,064 $17,814,283,639
2010 $389,827,789,218 $16,121,315,909
2009 $399,290,118,782 $16,145,867,495
2008 $429,234,399,096 $16,853,989,628
2007 $386,760,177,589 $13,994,218,413
2006 $333,905,979,332 $11,697,918,243
2005 $313,952,317,331 $11,009,033,438
2004 $299,210,411,455 $10,076,816,667
2003 $260,779,834,340 $8,768,721,563
2002 $212,837,224,023 $7,006,402,320
2001 $196,477,206,829 $6,507,824,829
2000 $196,181,599,831 $6,013,185,004
1999 $216,421,809,126 $6,592,834,933
1998 $217,068,085,816 $6,505,607,909
1997 $211,724,812,267 $6,041,478,726
1996 $235,952,581,232 $6,559,712,166
1995 $240,094,169,510 $6,326,342,633
1994 $202,738,023,130 $5,034,588,196
1993 $189,634,029,339 $7,367,986,241
1992 $194,314,032,056 $7,769,817,840
1991 $173,113,449,617 $7,255,210,470
1990 $165,811,372,383 $7,390,967,360
1989 $132,584,448,258 $6,366,039,373
1988 $132,817,124,707 $6,418,419,389
1987 $123,682,091,859 $6,487,353,103
1986 $98,648,254,169 $5,392,093,446
1985 $69,114,996,010 $3,818,944,918
1984 $67,719,055,773 $3,485,165,432
1983 $71,838,528,420 $3,569,356,125
1982 $70,996,111,963 $4,013,951,443
1981 $70,755,997,062 $4,095,892,781
1980 $81,737,498,405 $4,510,108,291
1979 $73,647,694,287 $4,084,877,823
1978 $61,809,208,756 $3,280,354,921
1977 $51,343,861,460 $2,938,046,463
1976 $42,791,707,448 $2,869,777,884
1975 $39,902,300,703 $2,830,388,405
1974 $35,051,468,640 $2,099,325,229
1973 $29,399,860,145 $1,863,398,590
1972 $21,973,207,929 $1,620,857,104
1971 $17,788,536,733 $1,339,549,033
1970 $15,312,791,744 $1,297,407,655
1969 $13,647,475,854 $1,245,234,931
1968 $12,499,863,917 $1,309,384,862
1967 $11,634,569,522 $1,246,480,766
1966 $10,939,526,219 $1,246,908,186
1965 $10,041,659,445 $1,210,058,228
1964 $9,213,648,656 $1,188,930,645
1963 $8,414,050,621 $1,122,139,862
1962 $7,793,042,529 $1,085,475,791
1961 $7,346,566,038 $1,058,975,257
1960 $6,624,086,313 $1,003,692,370

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Austria vs Senegal by year

Austria
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $62,930 - $1,955 -
2024 $58,269 $73,911 $1,739 $5,071
2023 $56,580 $73,545 $1,698 $4,778
2022 $52,337 $72,065 $1,574 $4,530
2021 $53,649 $62,969 $1,598 $4,174
2020 $48,716 $58,523 $1,461 $3,753
2019 $49,886 $60,355 $1,431 $3,648
2018 $51,194 $56,636 $1,453 $3,380
2017 $47,164 $53,870 $1,355 $3,234
2016 $45,061 $52,398 $1,266 $3,101
2015 $43,915 $49,549 $1,218 $2,994
2014 $51,315 $48,355 $1,399 $2,854
2013 $50,305 $47,520 $1,380 $2,769
2012 $48,250 $46,156 $1,327 $2,764
2011 $51,117 $44,172 $1,375 $2,685
2010 $46,611 $41,735 $1,276 $2,663
2009 $47,857 $40,687 $1,309 $2,606
2008 $51,581 $41,047 $1,399 $2,581
2007 $46,623 $39,192 $1,189 $2,499
2006 $40,382 $37,388 $1,017 $2,422
2005 $38,157 $34,777 $980 $2,350
2004 $36,614 $33,519 $918 $2,236
2003 $32,110 $31,959 $818 $2,131
2002 $26,335 $30,952 $669 $2,027
2001 $24,430 $29,553 $637 $2,044
2000 $24,487 $29,221 $603 $1,963
1999 $27,079 $27,500 $678 $1,893
1998 $27,212 $26,531 $685 $1,798
1997 $26,572 $25,301 $651 $1,719
1996 $29,646 $24,427 $723 $1,679
1995 $30,207 $23,604 $715 $1,656
1994 $25,546 $22,553 $584 $1,578
1993 $23,987 $21,647 $878 $1,588
1992 $24,783 $21,209 $951 $1,573
1991 $22,323 $20,536 $913 $1,561
1990 $21,596 $19,396 $957 $1,513
1989 $17,401 - $849 -
1988 $17,510 - $880 -
1987 $16,329 - $916 -
1986 $13,032 - $784 -
1985 $9,136 - $571 -
1984 $8,956 - $536 -
1983 $9,500 - $564 -
1982 $9,373 - $652 -
1981 $9,348 - $683 -
1980 $10,827 - $772 -
1979 $9,755 - $716 -
1978 $8,173 - $589 -
1977 $6,784 - $540 -
1976 $5,656 - $541 -
1975 $5,265 - $547 -
1974 $4,613 - $417 -
1973 $3,875 - $381 -
1972 $2,913 - $342 -
1971 $2,372 - $291.1 -
1970 $2,051 - $290.5 -
1969 $1,834 - $287.3 -
1968 $1,686 - $311 -
1967 $1,577 - $305 -
1966 $1,494 - $315 -
1965 $1,381 - $314 -
1964 $1,275 - $318 -
1963 $1,173 - $309 -
1962 $1,093 - $307 -
1961 $1,037 - $308 -
1960 $940 - $300 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Austria's GDP per capita is $62,930, ranking 16/197, compared to $1,955 in Senegal, ranking 160/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while Senegal ranks 158th at $5,071.

Economic indicators

Austria Senegal
Gross domestic product
$579B
2025
$37B
2025
GDP rank
29/197
2025
107/197
2025
GDP growth
0.62%
2024-2025
6.68%
2024-2025
GDP per capita
$62,930
2025
$1,955
2025
GDP per capita rank
16/197
2025
160/197
2025
GDP per capita, PPP
$73,911
2024
$5,071
2024
GDP per capita PPP rank
19/197
2024
158/197
2024
Government debt
$466B
2025
$48.2B
2025
Debt-to-GDP ratio
80.5%
2025
130.2%
2025
Government debt per person
$50,654
2025
$2,544
2025
Government debt per person rank
10/185
2025
112/185
2025
Average annual personal income after taxes
$38,467
2026
$1,979
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
28.8%
2021
Income share by poorest 10%
2.8%
2023
3%
2021
Government expenditure, % of GDP
55.2%
2025
29.2%
2025
Consumer prices inflation
3.53%
2024-2025
1.46%
2024-2025
Unemployment rate
5.78%
2025
5.78%
2024
Population
9201502
19596169

Spending and national debt comparison by year

Austria
Spending

Debt
Senegal
Spending

Debt
1x
Year % of GDP
Austria Senegal
Government spending Government debt Government spending Government debt
2025 55.2% 80.5% 29.2% 130.2%
2024 55.2% 79.2% 33.5% 132.4%
2023 52.2% 77.8% 35.5% 118.4%
2022 53% 78.1% 36.1% 104.7%
2021 56% 82.4% 33.7% 98.7%
2020 57.3% 83.2% 29.6% 90.1%
2019 49.1% 71% 34.3% 81.5%
2018 49.2% 74.6% 22.6% 61.5%
2017 49.8% 79.1% 22.5% 61.1%
2016 50.6% 83.4% 24% 47.5%
2015 51.2% 85.6% 22.9% 44.5%
2014 52.4% 85.2% 23.1% 42.4%
2013 52.4% 82.4% 22.1% 36.9%
2012 51.8% 82.9% 23% 34.5%
2011 51.3% 83.4% 23.3% 32.9%
2010 53.4% 83.7% 21.7% 34.6%
2009 54.6% 80.8% 21.1% 29.9%
2008 50.4% 69.5% 20.9% 19.1%
2007 49.7% 65.8% 22.2% 19%
2006 50.9% 68.2% 21.3% 17.5%
2005 51.7% 69.4% 18.7% 36.1%
2004 54.3% 65.9% 18.1% 38%
2003 51.8% 66.4% 17.1% 42.9%
2002 51.6% 67.4% 15.5% 52%
2001 51.8% 67.2% 15.7% 53.2%
2000 50.9% 66.1% 14% 57.5%
1999 50.5% 61.3% 14.6% 15%
1998 54.4% 69.2% 13.5% 18.8%
1997 52.5% 63.4% 14.1% 67.8%
1996 55.9% 68.2% 15.4% 0.07%
1995 56.1% 68.2% 14.4% 65.3%
1994 54.3% 64.1% 15.9% 77.3%
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 (1960–1995, retrieved 2026-07-08).

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

In 2025, Austria's government spending was $320B, accounting for 55.2% of its GDP, while Senegal spent $10.8B, or 29.2% of GDP.

Debt-to-GDP ratio is 80.5% in Austria and 130.2% in Senegal, ranking 42/185 and 10/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Senegal
1x
Year Deficit/surplus, % of GDP
Austria Senegal
2025 -4.52% -7.9%
2024 -4.68% -13.4%
2023 -2.59% -14.8%
2022 -3.41% -16.1%
2021 -5.69% -13.7%
2020 -8.2% -9.62%
2019 0.54% -13.9%
2018 0.2% -3.66%
2017 -0.78% -2.97%
2016 -1.45% -3.27%
2015 -0.48% -3.66%
2014 -1.92% -3.9%
2013 -1.99% -4.34%
2012 -2.18% -4.18%
2011 -2.48% -4.92%
2010 -4.46% -3.94%
2009 -5.38% -3.66%
2008 -1.57% -3.53%
2007 -1.56% -2.8%
2006 -2.61% -3.67%
2005 -2.59% -0.26%
2004 -4.94% 0.18%
2003 -1.84% -0.52%
2002 -1.43% 0.19%
2001 -0.71% -1.44%
2000 -2.07% 0.78%
1999 -2.63% -0.62%
1998 -2.68% 0.93%
1997 -2.38% 0.98%
1996 -4.38% 0.92%
1995 -6.17% 2.41%
1994 -5.04% 5.9%
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/senegal | 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 Senegal's deficit of $2.92B, or 7.9% of GDP.

Over the past 32 years, Austria recorded a fiscal deficit in 30 of those years, while Senegal ran a deficit in 24 years. On average, Austria posted an annual deficit equal to 2.88% of GDP, compared to deficit of 4.01% of GDP for Senegal.

Inflation comparison by year

Inflation
Austria

Senegal
1x
Year Consumer prices inflation
Austria Senegal
2025 3.53% 1.46%
2024 2.94% 0.8%
2023 7.81% 5.94%
2022 8.55% 9.7%
2021 2.77% 2.18%
2020 1.38% 2.54%
2019 1.53% 1.76%
2018 2% 0.46%
2017 2.08% 1.32%
2016 0.89% 0.84%
2015 0.9% 0.14%
2014 1.61% -1.09%
2013 2% 0.71%
2012 2.49% 1.42%
2011 3.29% 3.4%
2010 1.81% 1.23%
2009 0.51% -2.25%
2008 3.22% 7.35%
2007 2.17% 5.85%
2006 1.44% 2.11%
2005 2.3% 1.71%
2004 2.06% 0.51%
2003 1.36% -0.05%
2002 1.81% 2.34%
2001 2.65% 2.97%
2000 2.34% 0.73%
1999 0.57% 0.83%
1998 0.92% 1.16%
1997 1.31% 1.75%

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

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

Over the past 29 years, Austria has recorded an average annual inflation rate of 2.35%, compared with 1.99% in Senegal. In 2025, inflation was 3.53% in Austria and 1.46% in Senegal.

Top exports between countries

Austria
Export category Export value
Textiles & consumer goods $51.6M
Machinery & equipment $12.5M
Wood & paper products $1.21M
Processed food, beverages & tobacco $790K
Raw agricultural goods $592K
Chemicals & pharma $533K
Metals $456K
Miscellaneous $251K
Animal & marine products $129K
Raw materials & minerals $44K
Senegal
Export category Export value
Machinery & equipment $849K
Processed food, beverages & tobacco $125K
Raw agricultural goods $104K
Animal & marine products $55K
Precious metals & jewellery $6K
Textiles & consumer goods $2K
Chemicals & pharma $1K
Metals $1K

Balance of trade

Austria Senegal
Current account balance
$10.4B
2025
-$6.07B
2023
Current account balance ranking
24/190
2025
168/190
2023
Current account balance, % of GDP
+1.79%
2025
-19.8%
2023
Goods imports
$208B
2025
$10.8B
2023
Goods exports
$214B
2025
$5.52B
2023
Service imports
$98.3B
2025
$4.08B
2023
Service exports
$105B
2025
$1.48B
2023
Imports of goods and services, % of GDP
52.3%
2025
38.6%
2025
Exports of goods and services, % of GDP
54.7%
2025
32.5%
2025

Economic freedom indices

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

Austria Senegal
Economic freedom 69.8 53.2
Economic freedom ranking 38/197 140/197
Property rights 95.7 57.4
Government integrity 75 47.3
Judicial effectiveness 94.8 50.5
Tax burden 45.7 68.8
Government spending 12.8 63.1
Fiscal health 67.1 0
Business freedom 78.7 55.2
Labor freedom 81.6 54.4
Monetary freedom 76.4 74.3
Trade freedom 79.4 67
Investment freedom 60 60
Financial freedom 70 40

Economic freedom comparison by year

Austria
Senegal
1x
Year Economic freedom index
Austria Senegal
2026 69.8 53.2
2025 69.7 56.4
2024 68.4 55.4
2023 71.1 57.7
2022 73.8 60
2021 73.9 58
2020 73.3 58
2019 72 56.3
2018 71.8 55.7
2017 72.3 55.9
2016 71.7 58.1
2015 71.2 57.8
2014 72.4 55.4
2013 71.8 55.5
2012 70.3 55.4
2011 71.9 55.7
2010 71.6 54.6
2009 71.2 56.3
2008 71.4 58.3
2007 71.6 58.1
2006 71.1 56.2
2005 68.8 57.9
2004 67.6 58.9
2003 67.6 58.1
2002 67.4 58.6
2001 68.1 58.7
2000 68.4 58.9
1999 64 60.6
1998 65.4 59.7
1997 65.2 58.1
1996 68.9 58.2
1995 70 -

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

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

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 53.2 for Senegal, ranking 140/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Senegal
Services, % of GDP
64.1%
2025
46.3%
2025
Industry, % of GDP
24%
2025
26.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.26%
2025
17.1%
2025
GNI, Atlas method
$556B
2025
$33.6B
2025
GNI per capita, PPP
$77,010
2025
$5,100
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
-$4.72B
2023
Net inflows of foreign direct investment
$13.7B
2024
$2.02B
2024
Net outflows of foreign direct investment
$13.8B
2024
$48.1M
2024
Servicing debt to the IMF, % of GNI n/a
11.3%
2024
Poverty at national poverty lines
14.8%
2021
37.5%
2021
Gross capital formation, % of GDP
23.7%
2025
26.9%
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/senegal | 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 (1880–1995, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, 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.