Compare the economies of the countries

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Economy power of Austria & Norway

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Austria vs Norway

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Austria Norway
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The Republic of Austria is a country located on the terrain of Eastern Alps. As a result, the nation is part of Central Europe. As in the case of Germany, Austria is composed of nine federated states. The land area of Austria covers almost 84.000 square kilometers, which is one of the smallest regions in Europe. Interestingly, the official language in Austria is German. But in most informal situations the citizens speak Bavarian dialects. More about Austria The Kingdom of Norway is a nation located in Northern Europe and it is one of the Nordic countries. Most of its territory is located on the western and northernmost portion of the Scandinavian Peninsula. However, they also own the archipelago of Svalbard and the Arctic island of Jan Mayen as well as several other minor isles. There are four different bordering nations, namely Sweden, Denmark, Finland and Russia. The Norwegian land covers approximately 385,000 square kilometers  More about Norway

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Austria Norway
Position in the ranking of countries 29 (2021) 28 (2021)
GDP [US$] 480,368,403,893 482,174,854,481
Percentage of the other 99.6 % 100.4 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Austria Norway
Position in the ranking of countries 25 (2021) 23 (2021)
GNI [US$] 482,527,650,085 503,286,961,583
Percentage of the other 95.9 % 104.3 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Austria Norway
Position in the ranking of countries 42 (2021) 11 (2021)
External balance [US$] 2,778,091,404 59,100,931,315
Percentage of the other 4.7 % 2127.4 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Austria Norway
Position in the ranking of countries 42 (2021) 11 (2021)
Unemployment [%] 6.18 4.37
Percentage of the other 141.4 % 70.7 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Austria Norway
Position in the ranking of countries 96 (2021) 116 (2021)
Population 8,955,797 5,408,320
Percentage of the other 165.6 % 60.4 %

Population growth (annual %)

Density

Gender

Demography