Austria and Bangladesh Economies: A Side-by-Side Table Comparison

Austria and Bangladesh present a striking contrast across various indicators. Bangladesh’s population is about 19 times larger, while its land area is nearly twice that of Austria. Economically, Austria boasts a higher GDP and significantly greater GDP per capita. In military spending, Austria allocates less of its GDP than Bangladesh, despite higher overall expenditure. Imports and exports also differ greatly, with Austria trading over five times more than Bangladesh, focusing on advanced goods compared to Bangladesh’s textile exports.

Basic Indicators

Indicator	Austria	Bangladesh	Comparison
Population source (2022 data), updated 2024	9.04 million (96th)	171.19 million (8th)	Bangladesh’s population is approximately 19 times larger than Austria’s.
Surface area (sq. km) source (2022 data), updated 2024	0.08 million sq. km (111th)	0.15 million sq. km (89th)	Bangladesh is 1.875 times larger than Austria in area.
GDP source (2022 data), updated 2024	470.94B USD (31st)	460.20B USD (33rd)	Austria’s total GDP is approximately 1.02 times larger than Bangladesh’s.
GDP per capita source (2022 data), updated 2024	$52,085 (20th)	2,688 USD (136th)	Austria’s GDP per capita is roughly 1,840% higher than Bangladesh’s, with Austrians producing about $49,396.38 more per person annually.

Economic Indexes

Index	Austria	Bangladesh	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.926 (22nd)	0.67 (120th)	Austria’s HDI is 0.926 (very high), while Bangladesh’s is 0.670 (medium). Austria’s score is 0.256 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	68.4 (31st)	54.4 (106th)	Austria’s Index of Economic Freedom is 25% higher than Bangladesh’s, 14 points more.
GINI source (2022 data), updated 2024	29.8 (2020 est.)	31.8 (2022 est.)	With a 6.7% higher Gini coefficient, Bangladesh has a higher degree of income inequality than Austria.

International trade _{source(2023 data), updated 2024}

Indicator	Austria	Bangladesh
Total imports	288.15B USD	73.17B
Imports % of GDP	61.60%	20.90%
Main import partners	Germany 40%, Italy 7%, Czechia 5%, Switzerland 5%, Netherlands 4%	China 32%, India 17%, Singapore 6%, Malaysia 5%, Indonesia 5%
Main import items	cars, refined petroleum, gold, garments, broadcasting equipment	refined petroleum, cotton fabric, cotton, fabric, fertilizers
Total exports	306.47B USD	58.89B
Exports % of GDP	62.08%	12.88%
Main export Partners	Germany 28%, US 7%, Italy 7%, Switzerland 5%, Hungary 5%	US 18%, Germany 16%, UK 8%, Spain 7%, Poland 6%
Main export items	cars, packaged medicine, vaccines, plastic products, electricity	garments, footwear, fabric, textiles, jute yarn

Austria’s imports are over three times those of Bangladesh, and Austria’s imports make up 40.7% more of its GDP than Bangladesh’s. Austria’s exports are over five times those of Bangladesh, featuring advanced goods like cars and medicine, while Bangladesh focuses on textiles.

Military Power _{source (2023 data), updated 2024}

Indicator	Austria	Bangladesh
Military expenditure	4.4B USD	4.2B USD
Military expenditure (% of GDP)	0.77%	1.13%
Active military	22k	163k
Active military per 1,000 capita	16.8	1.4

Austria’s military expenditure is slightly higher at $4.41 billion, but it allocates a smaller percentage of its GDP (0.77%) to defense compared to Bangladesh’s 1.13%, indicating a greater commitment to military spending relative to its economy.