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Economy of Austria vs Seychelles compared: GDP & Debt

Updated on by Georank team

Austria has a GDP of $535B compared to $2.17B for the Seychelles, ranking 30/197 and 178/197 by economy size, respectively.

Austria has $432B in government debt (80.8% of GDP), compared to $1.25B (57.6% of GDP) in the Seychelles.

Austria vs Seychelles GDP by year

Austria
Seychelles
1x
Year GDP, current $
Austria Seychelles
2024 $534,790,720,467 $2,167,239,562
2023 $516,670,509,629 $2,187,379,755
2022 $473,221,298,968 $2,018,346,589
2021 $480,466,363,177 $1,487,173,795
2020 $434,397,601,558 $1,382,551,752
2019 $442,983,642,372 $1,868,690,097
2018 $452,582,294,973 $1,784,313,927
2017 $414,926,138,133 $1,675,370,641
2016 $393,687,359,770 $1,568,513,348
2015 $379,546,097,301 $1,432,403,352
2014 $438,556,021,078 $1,387,577,870
2013 $426,580,502,769 $1,333,160,407
2012 $406,750,487,604 $1,089,407,839
2011 $428,954,737,064 $1,058,918,707
2010 $389,827,789,218 $981,616,542
2009 $399,290,118,782 $850,901,620
2008 $429,234,399,096 $979,597,394
2007 $386,760,177,589 $1,077,308,814
2006 $333,905,979,332 $1,081,441,283
2005 $313,952,317,331 $977,899,382
2004 $299,210,411,455 $893,012,218
2003 $260,779,834,340 $750,847,230
2002 $212,837,224,023 $742,134,838
2001 $196,477,206,829 $662,064,156
2000 $196,181,599,831 $654,212,394
1999 $216,421,809,126 $662,838,615
1998 $217,068,085,816 $647,287,376
1997 $211,724,812,267 $598,966,982
1996 $235,952,581,232 $535,250,347
1995 $240,094,169,510 $540,733,048
1994 $202,738,023,130 $517,570,058
1993 $189,634,029,339 $504,230,621
1992 $194,314,032,056 $461,409,399
1991 $173,113,449,617 $398,307,170
1990 $165,811,372,383 $392,163,561
1989 $132,584,448,258 $324,333,367
1988 $132,817,124,707 $301,985,618
1987 $123,682,091,859 $265,212,957
1986 $98,648,254,169 $221,147,061
1985 $69,114,996,010 $179,691,483
1984 $67,719,055,773 $160,992,921
1983 $71,838,528,420 $156,098,237
1982 $70,996,111,963 $157,211,790
1981 $70,755,997,062 $163,750,728
1980 $81,737,498,405 $156,783,830
1979 $73,647,694,287 $127,261,099
1978 $61,809,208,756 $85,552,366
1977 $51,343,861,460 $64,526,401
1976 $42,791,707,448 $49,278,982
1975 $39,902,300,703 $47,803,146
1974 $35,051,468,640 $43,134,496
1973 $29,399,860,145 $36,896,280
1972 $21,973,207,929 $30,645,123
1971 $17,788,536,733 $21,965,951
1970 $15,312,791,744 $18,432,032
1969 $13,647,475,854 $16,452,028
1968 $12,499,863,917 $16,074,028
1967 $11,634,569,522 $16,632,032
1966 $10,939,526,219 $16,443,034
1965 $10,041,659,445 $15,603,032
1964 $9,213,648,656 $15,393,032
1963 $8,414,050,621 $13,923,029
1962 $7,793,042,529 $12,642,026
1961 $7,346,566,038 $11,592,024
1960 $6,624,086,313 $12,012,025

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Austria vs Seychelles by year

Austria
GDP per capita

GDP per capita, PPP
Seychelles
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Seychelles
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $58,269 $73,911 $17,859 $33,239
2023 $56,580 $73,545 $18,263 $31,781
2022 $52,337 $72,065 $16,837 $29,973
2021 $53,649 $62,969 $14,983 $29,980
2020 $48,716 $58,523 $14,041 $31,056
2019 $49,886 $60,355 $19,142 $34,219
2018 $51,194 $56,636 $18,440 $32,091
2017 $47,164 $53,870 $17,480 $30,675
2016 $45,061 $52,398 $16,567 $28,811
2015 $43,915 $49,549 $15,333 $25,435
2014 $51,315 $48,355 $15,188 $24,985
2013 $50,305 $47,520 $14,821 $22,487
2012 $48,250 $46,156 $12,337 $22,264
2011 $51,117 $44,172 $12,110 $21,781
2010 $46,611 $41,735 $10,935 $18,982
2009 $47,857 $40,687 $9,747 $18,453
2008 $51,581 $41,047 $11,265 $18,881
2007 $46,623 $39,192 $12,669 $19,473
2006 $40,382 $37,388 $12,783 $17,503
2005 $38,157 $34,777 $11,802 $15,846
2004 $36,614 $33,519 $10,828 $14,160
2003 $32,110 $31,959 $9,070 $14,142
2002 $26,335 $30,952 $8,864 $14,570
2001 $24,430 $29,553 $8,153 $14,615
2000 $24,487 $29,221 $8,064 $14,638
1999 $27,079 $27,500 $8,243 $13,853
1998 $27,212 $26,531 $8,210 $13,675
1997 $26,572 $25,301 $7,747 $13,458
1996 $29,646 $24,427 $7,004 $11,931
1995 $30,207 $23,604 $7,181 $10,809
1994 $25,546 $22,553 $6,975 $10,692
1993 $23,987 $21,647 $6,979 $11,020
1992 $24,783 $21,209 $6,520 $10,243
1991 $22,323 $20,536 $5,655 $9,387
1990 $21,596 $19,396 $5,642 $8,955
1989 $17,401 - $4,689 -
1988 $17,510 - $4,392 -
1987 $16,329 - $3,872 -
1986 $13,032 - $3,368 -
1985 $9,136 - $2,754 -
1984 $8,956 - $2,488 -
1983 $9,500 - $2,426 -
1982 $9,373 - $2,441 -
1981 $9,348 - $2,557 -
1980 $10,827 - $2,478 -
1979 $9,755 - $2,030 -
1978 $8,173 - $1,377 -
1977 $6,784 - $1,044 -
1976 $5,656 - $814 -
1975 $5,265 - $806 -
1974 $4,613 - $745 -
1973 $3,875 - $649 -
1972 $2,913 - $547 -
1971 $2,372 - $402 -
1970 $2,051 - $344 -
1969 $1,834 - $314 -
1968 $1,686 - $314 -
1967 $1,577 - $333 -
1966 $1,494 - $338 -
1965 $1,381 - $328 -
1964 $1,275 - $332 -
1963 $1,173 - $308 -
1962 $1,093 - $287 -
1961 $1,037 - $270.3 -
1960 $940 - $288.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Austria's GDP per capita is $58,269, ranking 16/197, compared to $17,859 in the Seychelles, ranking 63/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while the Seychelles ranks 67th at $33,239.

Economic indicators

Austria Seychelles
Gross domestic product
$535B
2024
$2.17B
2024
GDP rank
30/197
2024
178/197
2024
GDP growth
-0.66%
2023-2024
3.47%
2023-2024
GDP per capita
$58,269
2024
$17,859
2024
GDP per capita rank
16/197
2024
63/197
2024
GDP per capita, PPP
$73,911
2024
$33,239
2024
GDP per capita PPP rank
19/197
2024
67/197
2024
Government debt
$432B
2024
$1.25B
2024
Debt-to-GDP ratio
80.8%
2024
57.6%
2024
Government debt per person
$47,075
2024
$10,288
2024
Government debt per person rank
10/185
2024
57/185
2024
Average annual personal income after taxes
$40,736
2026
$10,944
2026
Market capitalization of domestic companies
$121B
2024
$811M
2024
Number of billionaires
9
2025
n/a
Income share by richest 10%
24.8%
2023
23.9%
2018
Income share by poorest 10%
2.8%
2023
2.6%
2018
Government expenditure, % of GDP
56%
2024
33.8%
2024
Consumer prices inflation
2.94%
2023-2024
0.31%
2023-2024
Central bank interest rate n/a
1.75%
2024
Unemployment rate
5.16%
2024
2.59%
2024
Population
9163419
126311

Spending and national debt comparison by year

Austria
Spending

Debt
Seychelles
Spending

Debt
1x
Year % of GDP
Austria Seychelles
Government spending Government debt Government spending Government debt
2024 56% 80.8% 33.8% 57.6%
2023 52.7% 78.5% 32.9% 55.3%
2022 53% 78.4% 31.3% 60%
2021 56% 82.4% 38.8% 71%
2020 57.3% 83.2% 46.7% 77.4%
2019 49.1% 71% 31.7% 48.9%
2018 49.2% 74.6% 33% 51.3%
2017 49.8% 79.1% 34.3% 56.7%
2016 50.6% 83.4% 34.5% 62.8%
2015 51.2% 85.6% 31.5% 64.7%
2014 52.4% 85.2% 33.4% 70.4%
2013 52.4% 82.4% 37.8% 68.2%
2012 51.8% 82.9% 38.6% 80.1%
2011 51.3% 83.4% 36.4% 82.5%
2010 53.4% 83.7% 34.6% 82.2%
2009 54.6% 80.8% 32.1% 106.1%
2008 50.4% 69.5% 27% 192.1%
2007 49.7% 65.8% 41.9% 144%
2006 50.9% 68.2% 43.6% 135.1%
2005 51.7% 69.4% 39% 144.1%
2004 54.3% 65.9% 39.9% 163.2%
2003 51.8% 66.4% 44.6% 177%
2002 51.6% 67.4% 56.3% 195.9%
2001 51.8% 67.2% 46.8% 199.8%
2000 50.9% 66.1% 55.4% 177.8%
1999 50.5% 61.3% 56.1% 159.8%
1998 54.4% 69.2% 60.7% 161.2%
1997 52.5% 63.4% 54.7% 143%
1996 55.9% 68.2% 59.1% 146.7%
1995 56.1% 68.2% 53.1% 133.5%
1994 54.3% 64.1% 63.6% 123.5%
1993 54.3% 61% 60.4% 82.2%
1992 49.3% 56.3% 50.7% 79.9%
1991 47.9% 56.4% 52.1% 89.2%
1990 46.8% 56.2% 46.1% 80.4%
1989 51.6% 56.6% 51.7% 39.9%
1988 53.1% 57.7% 46.7% 41.3%
1987 54.5% 55.5% 49.7% 37%
1986 54.3% 52% 58% 31.5%
1985 53.5% 47.8% 53% 26.5%
1984 52.6% 46% 50.5% 15.3%
1983 52.4% 43.7% 47.9% 12.4%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Austria's government spending was $300B, accounting for 56% of its GDP, while the Seychelles spent $732M, or 33.8% of GDP.

Debt-to-GDP ratio is 80.8% in Austria and 57.6% in the Seychelles, ranking 44/185 and 85/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Seychelles
1x
Year Deficit/surplus, % of GDP
Austria Seychelles
2024 -4.64% -0.69%
2023 -2.62% -1.14%
2022 -3.31% -0.76%
2021 -5.69% -5.76%
2020 -8.2% -15.7%
2019 0.54% 0.42%
2018 0.2% -0.8%
2017 -0.78% -1.67%
2016 -1.45% 0.02%
2015 -0.48% 1.39%
2014 -1.92% 2.87%
2013 -1.99% 0.33%
2012 -2.18% 2.93%
2011 -2.48% 3.36%
2010 -4.46% 0.52%
2009 -5.38% 4.84%
2008 -1.57% 7.88%
2007 -1.56% -9.93%
2006 -2.61% -2.54%
2005 -2.59% 0.42%
2004 -4.94% 0.44%
2003 -1.84% 3.4%
2002 -1.43% -16.3%
2001 -0.71% -8.93%
2000 -2.07% -14.7%
1999 -2.63% -10.3%
1998 -2.68% -16.7%
1997 -2.38% -5.91%
1996 -4.38% -9.69%
1995 -6.17% -2.58%
1994 -5.04% -6.95%
1993 -4.57% -3.62%
1992 -2.15% 6.44%
1991 -2.96% 3.15%
1990 -2.58% 11.9%
1989 -3.07% 8.26%
1988 -3.43% 11.8%
1987 -4.33% 2.77%
1986 -3.84% -10.1%
1985 -2.71% -4.86%
1984 -2.67% -6.09%
1983 -4.22% -3.13%
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 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Austria's government deficit, the difference between spending and revenue, was $24.8B, equivalent to 4.64% of GDP. This compares to the Seychelles' deficit of $15M, or 0.69% of GDP.

Over the past 42 years, Austria recorded a fiscal deficit in 40 of those years, while the Seychelles ran a deficit in 23 years. On average, Austria posted an annual deficit equal to 2.95% of GDP, compared to deficit of 2.04% of GDP for the Seychelles.

Inflation comparison by year

Inflation
Austria

Seychelles
1x
Year Consumer prices inflation
Austria Seychelles
2024 2.94% 0.31%
2023 7.81% -1.04%
2022 8.55% 2.63%
2021 2.77% 9.77%
2020 1.38% 1.2%
2019 1.53% 1.81%
2018 2% 3.7%
2017 2.08% 2.86%
2016 0.89% -1.02%
2015 0.9% 4.04%
2014 1.61% 1.39%
2013 2% 4.34%
2012 2.49% 7.11%
2011 3.29% 2.56%
2010 1.81% -2.4%
2009 0.51% 31.8%
2008 3.22% 37%
2007 2.17% 5.32%
2006 1.44% -0.35%
2005 2.3% 0.91%
2004 2.06% 3.86%
2003 1.36% 3.3%
2002 1.81% 0.18%
2001 2.65% 5.97%
2000 2.34% 6.27%
1999 0.57% 6.35%
1998 0.92% 2.58%
1997 1.31% 0.62%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Austria has recorded an average annual inflation rate of 2.31%, compared with 5.03% in the Seychelles. In 2024, inflation was 2.94% in Austria and 0.31% in the Seychelles.

Top exports between countries

Austria
Export category Export value
Processed food, beverages & tobacco $574K
Machinery & equipment $315K
Animal & marine products $119K
Textiles & consumer goods $47K
Raw materials & minerals $34K
Chemicals & pharma $33K
Precious metals & jewellery $33K
Metals $28K
Wood & paper products $13K
Miscellaneous $3K
Seychelles
Export category Export value
Machinery & equipment $12K
Animal & marine products $3K

Balance of trade

Austria Seychelles
Current account balance
$8.19B
2024
-$176M
2024
Current account balance ranking
25/190
2024
97/190
2024
Current account balance, % of GDP
+1.53%
2024
-8.11%
2024
Goods imports
$195B
2024
$1.39B
2024
Goods exports
$201B
2024
$595M
2024
Service imports
$90.5B
2024
$1B
2024
Service exports
$96.6B
2024
$1.71B
2024
Imports of goods and services, % of GDP
53.1%
2024
103.2%
2024
Exports of goods and services, % of GDP
55.7%
2024
85.2%
2024

Economic freedom indices

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

Austria Seychelles
Economic freedom 69.8 66.5
Economic freedom ranking 38/197 60/197
Property rights 95.7 82.6
Government integrity 75 71.7
Judicial effectiveness 94.8 61.7
Tax burden 45.7 77.3
Government spending 12.8 68
Fiscal health 67.1 92.2
Business freedom 78.7 71.3
Labor freedom 81.6 52
Monetary freedom 76.4 79.8
Trade freedom 79.4 81.2
Investment freedom 60 30
Financial freedom 70 30

Economic freedom comparison by year

Austria
Seychelles
1x
Year Economic freedom index
Austria Seychelles
2026 69.8 66.5
2025 69.7 66.4
2024 68.4 60.4
2023 71.1 59.5
2022 73.8 61.1
2021 73.9 66.3
2020 73.3 64.3
2019 72 61.4
2018 71.8 61.6
2017 72.3 61.8
2016 71.7 62.2
2015 71.2 57.5
2014 72.4 56.2
2013 71.8 54.9
2012 70.3 53
2011 71.9 51.2
2010 71.6 47.9
2009 71.2 47.8
2008 71.4 -
2007 71.6 -
2006 71.1 -
2005 68.8 -
2004 67.6 -
2003 67.6 -
2002 67.4 -
2001 68.1 -
2000 68.4 -
1999 64 -
1998 65.4 -
1997 65.2 -
1996 68.9 -
1995 70 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 66.5 for the Seychelles, ranking 60/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Seychelles
Services, % of GDP
64%
2024
65.8%
2024
Industry, % of GDP
24.6%
2024
12.3%
2024
Agriculture, forestry, and fishing, % of GDP
1.22%
2024
2.45%
2024
GNI, Atlas method
$503B
2024
$2.12B
2024
GNI per capita, PPP
$74,160
2024
$32,180
2024
Total reserves including gold
$35.4B
2024
$774M
2024
Total reserves ranking
53/177
2024
145/177
2024
Net foreign direct investment
$135M
2024
-$262M
2024
Net inflows of foreign direct investment
$13.7B
2024
$226M
2024
Net outflows of foreign direct investment
$13.8B
2024
-$35.4M
2024
Poverty at national poverty lines
14.8%
2021
25.3%
2018
Gross capital formation, % of GDP
23.6%
2024
17.2%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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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.