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Economy of Austria vs Yemen compared: GDP & Debt

Updated on by Georank team

Austria has a GDP of $535B compared to $21.6B for Yemen, ranking 30/197 and 125/197 by economy size, respectively.

Austria has $432B in government debt (80.8% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Austria vs Yemen GDP by year

Austria
Yemen
1x
Year GDP, current $
Austria Yemen
2024 $534,790,720,467 -
2023 $516,670,509,629 -
2022 $473,221,298,968 -
2021 $480,466,363,177 -
2020 $434,397,601,558 -
2019 $442,983,642,372 -
2018 $452,582,294,973 $21,606,160,663
2017 $414,926,138,133 $26,842,229,045
2016 $393,687,359,770 $31,317,825,274
2015 $379,546,097,301 $42,444,490,074
2014 $438,556,021,078 $43,228,585,321
2013 $426,580,502,769 $40,415,233,436
2012 $406,750,487,604 $35,401,331,610
2011 $428,954,737,064 $32,726,417,878
2010 $389,827,789,218 $30,906,749,533
2009 $399,290,118,782 $25,130,278,213
2008 $429,234,399,096 $26,910,855,807
2007 $386,760,177,589 $21,650,528,674
2006 $333,905,979,332 $19,063,143,370
2005 $313,952,317,331 $16,731,566,717
2004 $299,210,411,455 $13,867,634,371
2003 $260,779,834,340 $11,777,532,662
2002 $212,837,224,023 $10,693,430,511
2001 $196,477,206,829 $9,852,990,693
2000 $196,181,599,831 $9,679,316,770
1999 $216,421,809,126 $7,639,325,296
1998 $217,068,085,816 $6,322,175,566
1997 $211,724,812,267 $6,838,298,531
1996 $235,952,581,232 $6,496,163,616
1995 $240,094,169,510 $12,796,345,679
1994 $202,738,023,130 $28,019,483,764
1993 $189,634,029,339 $21,736,802,664
1992 $194,314,032,056 $17,959,367,194
1991 $173,113,449,617 $14,665,445,462
1990 $165,811,372,383 $12,643,821,569
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Austria vs Yemen by year

Austria
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $58,269 $73,911 - -
2023 $56,580 $73,545 - -
2022 $52,337 $72,065 - -
2021 $53,649 $62,969 - -
2020 $48,716 $58,523 - -
2019 $49,886 $60,355 - -
2018 $51,194 $56,636 $634 -
2017 $47,164 $53,870 $811 -
2016 $45,061 $52,398 $975 -
2015 $43,915 $49,549 $1,362 -
2014 $51,315 $48,355 $1,430 -
2013 $50,305 $47,520 $1,379 $3,164
2012 $48,250 $46,156 $1,245 $3,005
2011 $51,117 $44,172 $1,186 $3,113
2010 $46,611 $41,735 $1,155 $3,603
2009 $47,857 $40,687 $969 $3,411
2008 $51,581 $41,047 $1,072 $3,370
2007 $46,623 $39,192 $890 $3,294
2006 $40,382 $37,388 $810 $3,205
2005 $38,157 $34,777 $734 $3,113
2004 $36,614 $33,519 $628 $2,949
2003 $32,110 $31,959 $549 $2,844
2002 $26,335 $30,952 $513 $2,768
2001 $24,430 $29,553 $487 $2,702
2000 $24,487 $29,221 $493 $2,624
1999 $27,079 $27,500 $401 $2,492
1998 $27,212 $26,531 $343 $2,442
1997 $26,572 $25,301 $383 $2,351
1996 $29,646 $24,427 $375 $2,268
1995 $30,207 $23,604 $764 $2,201
1994 $25,546 $22,553 $1,735 $2,115
1993 $23,987 $21,647 $1,397 $2,013
1992 $24,783 $21,209 $1,198 $1,963
1991 $22,323 $20,536 $1,016 $1,843
1990 $21,596 $19,396 $910 $1,742
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 (1960–2024, retrieved 2026-04-06).

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

Austria's GDP per capita is $58,269, ranking 16/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while Yemen ranks 178th at $3,164.

Economic indicators

Austria Yemen
Gross domestic product
$535B
2024
$21.6B
2018
GDP rank
30/197
2024
125/197
2018
GDP growth
-0.66%
2023-2024
0.75%
2017-2018
GDP per capita
$58,269
2024
$634
2018
GDP per capita rank
16/197
2024
191/197
2018
GDP per capita, PPP
$73,911
2024
$3,164
2013
GDP per capita PPP rank
19/197
2024
178/197
2013
Government debt
$432B
2024
$18.8B
2018
Debt-to-GDP ratio
80.8%
2024
70.9%
2024
Government debt per person
$47,075
2024
$551
2018
Government debt per person rank
10/185
2024
165/185
2018
Average annual personal income after taxes
$40,736
2026
$1,127
2026
Market capitalization of domestic companies
$121B
2024
n/a
Number of billionaires
9
2025
n/a
Income share by richest 10%
24.8%
2023
29.4%
2014
Income share by poorest 10%
2.8%
2023
3%
2014
Government expenditure, % of GDP
56%
2024
8.91%
2024
Consumer prices inflation
2.94%
2023-2024
33.9%
2023-2024
Unemployment rate
5.16%
2024
13.5%
2014
Population
9163419
43325643

Spending and national debt comparison by year

Austria
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Austria Yemen
Government spending Government debt Government spending Government debt
2024 56% 80.8% 8.91% 70.9%
2023 52.7% 78.5% 11.8% 77.9%
2022 53% 78.4% 12.2% 65.3%
2021 56% 82.4% 8.22% 75.9%
2020 57.3% 83.2% 10.6% 87%
2019 49.1% 71% 13.2% 91.5%
2018 49.2% 74.6% 14.3% 86.9%
2017 49.8% 79.1% 8.39% 83.8%
2016 50.6% 83.4% 16.1% 76.5%
2015 51.2% 85.6% 19.4% 57.7%
2014 52.4% 85.2% 27.8% 48.9%
2013 52.4% 82.4% 30.8% 48.4%
2012 51.8% 82.9% 36.2% 47.6%
2011 51.3% 83.4% 29.8% 45.7%
2010 53.4% 83.7% 30.2% 42.4%
2009 54.6% 80.8% 35.2% 49.8%
2008 50.4% 69.5% 41.2% 36.4%
2007 49.7% 65.8% 40.3% 40.4%
2006 50.9% 68.2% 37.4% 40.8%
2005 51.7% 69.4% 36.8% 43.8%
2004 54.3% 65.9% 34.2% 52.1%
2003 51.8% 66.4% 35.3% 56.8%
2002 51.6% 67.4% 30.8% 57.8%
2001 51.8% 67.2% 30.5% 60.6%
2000 50.9% 66.1% 31.7% 60.8%
1999 50.5% 61.3% 28.2% 96.1%
1998 54.4% 69.2% 34.3% 110.6%
1997 52.5% 63.4% 34.2% 74.2%
1996 55.9% 68.2% 30.7% 114.9%
1995 56.1% 68.2% 24.1% 84.1%
1994 54.3% 64.1% 25.2% 73.3%
1993 54.3% 61% 25.8% 76.7%
1992 49.3% 56.3% 24.6% 78%
1991 47.9% 56.4% 24.7% 82.7%
1990 46.8% 56.2% 26.6% 91.6%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-02-20).

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

In 2024, Austria's government spending was $300B, accounting for 56% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 80.8% in Austria and 70.9% in Yemen, ranking 44/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Yemen
1x
Year Deficit/surplus, % of GDP
Austria Yemen
2024 -4.64% -2.48%
2023 -2.62% -5.63%
2022 -3.31% -2.15%
2021 -5.69% -0.89%
2020 -8.2% -4.3%
2019 0.54% -5.89%
2018 0.2% -7.85%
2017 -0.78% -4.9%
2016 -1.45% -8.51%
2015 -0.48% -8.75%
2014 -1.92% -4.14%
2013 -1.99% -6.9%
2012 -2.18% -6.32%
2011 -2.48% -4.51%
2010 -4.46% -4.06%
2009 -5.38% -10.2%
2008 -1.57% -4.53%
2007 -1.56% -7.18%
2006 -2.61% 1.19%
2005 -2.59% -1.82%
2004 -4.94% -2.15%
2003 -1.84% -4.2%
2002 -1.43% -0.56%
2001 -0.71% 2.79%
2000 -2.07% 6.09%
1999 -2.63% 0.06%
1998 -2.68% -7.77%
1997 -2.38% -1.5%
1996 -4.38% -0.92%
1995 -6.17% -5.74%
1994 -5.04% -14%
1993 -4.57% -12.8%
1992 -2.15% -10.9%
1991 -2.96% -5.76%
1990 -2.58% -10.3%
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 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2018, Austria's government surplus, the difference between spending and revenue, was $883M, equivalent to 0.2% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 29 years, Austria recorded a fiscal deficit in 28 of those years, while Yemen ran a deficit in 25 years. On average, Austria posted an annual deficit equal to 2.61% of GDP, compared to deficit of 5.04% of GDP for Yemen.

Inflation comparison by year

Inflation
Austria

Yemen
1x
Year Consumer prices inflation
Austria Yemen
2024 2.94% 33.9%
2023 7.81% 0.9%
2022 8.55% 29.5%
2021 2.77% 31.5%
2020 1.38% 21.7%
2019 1.53% 15.7%
2018 2% 33.6%
2017 2.08% 30.4%
2016 0.89% 21.3%
2015 0.9% 22%
2014 1.61% 8.2%
2013 2% 11%
2012 2.49% 9.9%
2011 3.29% 19.5%
2010 1.81% 11.2%
2009 0.51% 3.7%
2008 3.22% 19%
2007 2.17% 7.9%
2006 1.44% 10.8%
2005 2.3% 9.9%
2004 2.06% 12.5%
2003 1.36% 10.8%
2002 1.81% 12.2%
2001 2.65% 11.9%
2000 2.34% 11%
1999 0.57% 7.9%
1998 0.92% 11.5%
1997 1.31% 4.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Austria has recorded an average annual inflation rate of 2.31%, compared with 15.5% in Yemen. In 2024, inflation was 2.94% in Austria and 33.9% in Yemen.

Top exports between countries

Austria
Export category Export value
Processed food, beverages & tobacco $4.11M
Wood & paper products $2.98M
Machinery & equipment $1.16M
Metals $724K
Chemicals & pharma $418K
Animal & marine products $257K
Textiles & consumer goods $44K
Raw agricultural goods $23K
Raw materials & minerals $16K
Miscellaneous $8K
Yemen
Export category Export value
Machinery & equipment $152K

Balance of trade

Austria Yemen
Current account balance
$8.19B
2024
-$2.42B
2016
Current account balance ranking
25/190
2024
148/190
2016
Current account balance, % of GDP
+1.53%
2024
-7.72%
2016
Goods imports
$195B
2024
$6.8B
2016
Goods exports
$201B
2024
$473M
2016
Service imports
$90.5B
2024
$1.46B
2016
Service exports
$96.6B
2024
$466M
2016
Imports of goods and services, % of GDP
53.1%
2024
47.3%
2018
Exports of goods and services, % of GDP
55.7%
2024
8.76%
2018

Economic freedom indices

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

Austria Yemen
Economic freedom 69.8 53.7
Economic freedom ranking 38/197 138/197
Property rights 95.7 3.5
Government integrity 75 6.2
Judicial effectiveness 94.8 9.9
Tax burden 45.7 93.7
Government spending 12.8 0
Fiscal health 67.1 71.2
Business freedom 78.7 31.3
Labor freedom 81.6 31.2
Monetary freedom 76.4 48.1
Trade freedom 79.4 67.4
Investment freedom 60 50
Financial freedom 70 30

Economic freedom comparison by year

Austria
Yemen
1x
Year Economic freedom index
Austria Yemen
2026 69.8 -
2025 69.7 -
2024 68.4 -
2023 71.1 -
2022 73.8 -
2021 73.9 -
2020 73.3 -
2019 72 -
2018 71.8 -
2017 72.3 -
2016 71.7 -
2015 71.2 53.7
2014 72.4 55.5
2013 71.8 55.9
2012 70.3 55.3
2011 71.9 54.2
2010 71.6 54.4
2009 71.2 56.9
2008 71.4 53.8
2007 71.6 54.1
2006 71.1 52.6
2005 68.8 53.8
2004 67.6 50.5
2003 67.6 50.3
2002 67.4 48.6
2001 68.1 44.3
2000 68.4 44.5
1999 64 43.3
1998 65.4 46.1
1997 65.2 48.4
1996 68.9 49.6
1995 70 49.8

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

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

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Yemen
Services, % of GDP
64%
2024
41.8%
2018
Industry, % of GDP
24.6%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
1.22%
2024
28.7%
2018
GNI, Atlas method
$503B
2024
$25.3B
2018
GNI per capita, PPP
$74,160
2024
$3,020
2013
Total reserves including gold
$35.4B
2024
$1.25B
2022
Total reserves ranking
53/177
2024
139/177
2022
Net foreign direct investment
$135M
2024
$15.4M
2015
Net inflows of foreign direct investment
$13.7B
2024
-$371M
2019
Net outflows of foreign direct investment
$13.8B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.53%
2018
Poverty at national poverty lines
14.8%
2021
48.6%
2014
Gross capital formation, % of GDP
23.6%
2024
6.18%
2018

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/yemen | 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 (1880–1998, 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 (2015–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.

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.