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Economy of Brazil vs Germany compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $4.69T for Germany, ranking 10/197 and 3/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $2.97T (63.5% of GDP) in Germany.

Brazil vs Germany GDP by year

Brazil
Germany
1x
Year GDP, current $
Brazil Germany
2024 $2,185,821,648,944 $4,685,592,577,805
2023 $2,191,131,869,706 $4,562,207,532,490
2022 $1,951,923,832,084 $4,201,021,706,479
2021 $1,670,647,464,063 $4,355,251,953,411
2020 $1,476,107,292,152 $3,941,398,957,074
2019 $1,873,288,158,839 $3,959,894,794,039
2018 $1,916,933,708,353 $4,055,433,215,302
2017 $2,063,514,688,806 $3,765,351,626,106
2016 $1,795,693,265,999 $3,536,787,895,179
2015 $1,802,211,999,456 $3,425,099,578,746
2014 $2,456,043,766,032 $3,964,870,735,761
2013 $2,472,819,362,044 $3,807,023,797,051
2012 $2,465,228,293,707 $3,596,483,233,406
2011 $2,616,156,606,579 $3,823,575,803,794
2010 $2,208,838,108,484 $3,467,093,769,667
2009 $1,666,996,294,252 $3,478,545,516,684
2008 $1,695,855,391,758 $3,808,197,720,125
2007 $1,397,114,247,189 $3,484,056,680,855
2006 $1,107,626,711,163 $3,046,308,753,671
2005 $891,633,826,625 $2,893,393,187,362
2004 $669,289,321,945 $2,852,317,768,062
2003 $558,233,724,165 $2,534,715,518,349
2002 $509,795,270,685 $2,102,350,798,306
2001 $559,983,704,094 $1,966,381,496,642
2000 $655,448,188,259 $1,966,980,701,145
1999 $599,642,075,004 $2,213,873,468,587
1998 $863,711,007,325 $2,247,760,364,566
1997 $883,206,452,795 $2,218,790,886,533
1996 $850,426,433,004 $2,506,576,553,158
1995 $769,333,330,412 $2,593,053,091,306
1994 $525,369,851,354 $2,215,282,632,277
1993 $368,295,778,245 $2,078,954,217,438
1992 $328,187,960,872 $2,141,377,582,968
1991 $342,609,231,343 $1,875,792,575,133
1990 $390,725,626,003 $1,778,162,195,860
1989 $412,990,820,287 $1,404,092,925,205
1988 $307,881,930,752 $1,406,367,016,372
1987 $283,056,836,894 $1,302,932,318,825
1986 $256,480,852,471 $1,050,092,624,516
1985 $210,879,844,639 $735,218,723,093
1984 $188,339,974,087 $727,767,760,979
1983 $189,656,506,321 $773,507,930,295
1982 $271,314,113,768 $779,421,633,755
1981 $258,015,174,749 $803,404,797,058
1980 $237,393,489,893 $953,772,499,462
1979 $221,338,204,480 $884,574,218,333
1978 $200,278,646,124 $743,182,891,918
1977 $176,344,101,402 $602,698,323,086
1976 $153,168,949,208 $521,658,712,133
1975 $129,203,555,239 $492,434,094,920
1974 $109,794,519,728 $446,934,971,657
1973 $83,592,275,863 $399,833,571,167
1972 $58,434,858,375 $300,899,944,795
1971 $48,869,830,902 $250,900,942,397
1970 $42,327,664,794 $216,629,229,947
1969 $37,171,640,819 $177,733,486,326
1968 $33,930,457,425 $156,527,292,653
1967 $31,086,389,195 $145,100,667,773
1966 $28,283,323,733 $143,304,275,684
1965 $22,465,522,884 $134,774,688,191
1964 $20,963,733,695 $123,330,404,665
1963 $23,287,712,878 $112,232,503,744
1962 $19,231,747,852 $105,895,435,234
1961 $17,275,940,449 $96,558,204,043
1960 $17,030,465,539 $84,619,845,881

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

GeoRank.org/economy/brazil/germany | CC BY

GDP per capita in Brazil vs Germany by year

Brazil
GDP per capita

GDP per capita, PPP
Germany
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Germany
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $56,104 $73,552
2023 $10,378 $21,176 $54,777 $71,684
2022 $9,281 $19,877 $50,507 $69,049
2021 $7,973 $18,076 $52,349 $62,531
2020 $7,074 $16,102 $47,395 $58,686
2019 $9,030 $16,070 $47,656 $59,271
2018 $9,301 $15,464 $48,916 $56,273
2017 $10,081 $14,559 $45,554 $54,110
2016 $8,836 $14,309 $42,949 $51,570
2015 $8,936 $14,821 $41,930 $48,545
2014 $12,275 $15,827 $48,960 $47,939
2013 $12,459 $15,722 $47,207 $45,889
2012 $12,522 $15,198 $44,718 $44,229
2011 $13,397 $15,212 $47,631 $43,398
2010 $11,403 $14,452 $42,397 $39,726
2009 $8,679 $13,391 $42,472 $37,574
2008 $8,908 $13,445 $46,379 $38,444
2007 $7,410 $12,673 $42,351 $36,914
2006 $5,934 $11,751 $36,980 $34,741
2005 $4,828 $11,081 $35,084 $32,314
2004 $3,664 $10,526 $34,567 $31,753
2003 $3,091 $9,802 $30,711 $30,301
2002 $2,856 $9,617 $25,487 $29,514
2001 $3,176 $9,304 $23,878 $28,674
2000 $3,767 $9,092 $23,926 $27,474
1999 $3,494 $8,635 $26,965 $26,518
1998 $5,106 $8,599 $27,396 $25,446
1997 $5,299 $8,602 $27,047 $24,649
1996 $5,179 $8,301 $30,600 $24,169
1995 $4,757 $8,097 $31,747 $23,631
1994 $3,299 $7,727 $27,202 $22,869
1993 $2,349 $7,260 $25,617 $21,900
1992 $2,127 $6,869 $26,560 $21,746
1991 $2,258 $6,867 $23,443 $21,001
1990 $2,620 $6,688 $22,386 $19,468
1989 $2,819 - $17,829 -
1988 $2,141 - $17,997 -
1987 $2,006 - $16,739 -
1986 $1,854 - $13,511 -
1985 $1,556 - $9,464 -
1984 $1,420 - $9,347 -
1983 $1,461 - $9,900 -
1982 $2,138 - $9,950 -
1981 $2,080 - $10,246 -
1980 $1,959 - $12,183 -
1979 $1,870 - $11,322 -
1978 $1,733 - $9,517 -
1977 $1,562 - $7,711 -
1976 $1,390 - $6,659 -
1975 $1,201 - $6,259 -
1974 $1,045 - $5,660 -
1973 $815 - $5,065 -
1972 $583 - $3,824 -
1971 $500 - $3,204 -
1970 $444 - $2,771 -
1969 $399 - $2,281 -
1968 $374 - $2,025 -
1967 $351 - $1,886 -
1966 $328 - $1,871 -
1965 $268 - $1,774 -
1964 $257.3 - $1,637 -
1963 $294.2 - $1,502 -
1962 $250.2 - $1,431 -
1961 $231.6 - $1,316 -
1960 $235.3 - $1,162 -

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

GeoRank.org/economy/brazil/germany | CC BY

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $56,104 in Germany, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Germany ranks 20th at $73,552.

Economic indicators

Brazil Germany
Gross domestic product
$2.19T
2024
$4.69T
2024
GDP rank
10/197
2024
3/197
2024
GDP growth
3.42%
2023-2024
-0.5%
2023-2024
GDP per capita
$10,311
2024
$56,104
2024
GDP per capita rank
85/197
2024
19/197
2024
GDP per capita, PPP
$22,338
2024
$73,552
2024
GDP per capita PPP rank
88/197
2024
20/197
2024
Government debt
$1.91T
2024
$2.97T
2024
Debt-to-GDP ratio
87.3%
2024
63.5%
2024
Government debt per person
$8,999
2024
$35,606
2024
Government debt per person rank
60/185
2024
21/185
2024
Average annual personal income after taxes
$6,263
2026
$41,775
2026
Market capitalization of domestic companies
$659B
2024
$2.04T
2024
Number of millionaires
433,000
2025
2,675,000
2025
Number of billionaires
56
2025
171
2025
Income share by richest 10%
40.8%
2023
25%
2020
Income share by poorest 10%
1.3%
2023
2.9%
2020
Government expenditure, % of GDP
45.7%
2024
49.4%
2024
Consumer prices inflation
4.4%
2023-2024
2.26%
2023-2024
Central bank interest rate
15%
2025
n/a
Unemployment rate
6.8%
2024
3.37%
2024
Population
213824938
82575542

Spending and national debt comparison by year

Brazil
Spending

Debt
Germany
Spending

Debt
1x
Year % of GDP
Brazil Germany
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 49.4% 63.5%
2023 45.3% 84% 48.1% 62.4%
2022 43.4% 83.9% 48.6% 64.4%
2021 40.4% 88.9% 50.7% 68%
2020 46.2% 96% 51.1% 68%
2019 43% 87.1% 45.5% 58.7%
2018 44.2% 84.8% 44.7% 60.8%
2017 44.3% 82.7% 44.5% 64%
2016 45.5% 77.4% 44.7% 68.3%
2015 46.2% 71.7% 44.5% 71.2%
2014 41.4% 61.6% 44.5% 74.5%
2013 39.8% 59.6% 45.2% 77.5%
2012 39.3% 61.6% 45.1% 79.8%
2011 39.4% 60.6% 45.3% 78.5%
2010 39.5% 62.4% 48.1% 81%
2009 40.5% 64.7% 48.3% 72.4%
2008 39.9% 61.4% 44.4% 65.2%
2007 40.4% 63% 43.5% 63.7%
2006 42.6% 64.6% 45.3% 66.4%
2005 41.9% 67% 46.9% 67.1%
2004 39.7% 68% 47% 65%
2003 41.3% 71.5% 48.5% 63.3%
2002 44.5% 76.1% 48.2% 59.8%
2001 39.8% 67.3% 47.7% 58.1%
2000 34.5% 62.2% 48.1% 59.2%
1999 39.6% 44.5% 48.5% 60.3%
1998 40.9% 38.9% 48.3% 59.4%
1997 38.6% 31.8% 48.8% 58.8%
1996 38.2% 30.7% 49.6% 57.7%
1995 - 28% 55.2% 54.9%
1994 - 30% 48.3% 47.5%
1993 - 32.6% 48.3% 45.1%
1992 - 37.1% 47.4% 41.4%
1991 - 38.1% 46.5% 39%
1990 - 40.6% 44.7% 40.7%
1989 - 40.2% 44.3% 39.2%
1988 - 46.9% 45.6% 40.5%
1987 - 50.3% 46% 40.1%
1986 11.7% 49.4% 45.7% 39.1%
1985 11.1% 52.6% 46.6% 39.2%
1984 10% 55.8% 47.2% 38.7%
1983 9.7% 51.5% 47.9% 38%
1982 8.1% 32.8% 49.1% 36.4%
1981 7.8% 34.6% 49% 33.6%
1980 6.8% 39.7% 48.2% 30.1%
1979 9% 36.6% 47.4% 28.2%
1978 10.2% 37% 47.7% 27.4%
1977 10.4% 31% 49% 26%
1976 10.6% 31.8% 49.4% 25.1%
1975 10.7% 27.7% 50.3% 23.7%
1974 10.5% 25.7% 46% 18.5%
1973 11% 22.4% 42.4% 17.3%
1972 12.6% 22.5% 41.8% 18%
1971 11.7% 17.9% 40.9% 17.7%
1970 11.4% 17% 39.5% 17.7%
1969 11.2% 16.5% 29.7% 20.3%
1968 14.4% 15.8% 28.5% 22.5%
1967 13.5% 13.8% 28.8% 22.5%
1966 14.6% 19.6% 28.3% 19.8%
1965 14% 17.6% 28.4% 18.7%
1964 25.4% 22.2% 29% 18.2%
1963 22.8% 20.4% 29.1% 18.1%
1962 23.1% 23.7% 29.2% 17.6%
1961 12% 25.7% 28.8% 18.7%
1960 13.7% 22.3% 22.9% 18.4%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/germany | CC BY

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Germany spent $2.32T, or 49.4% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 63.5% in Germany, ranking 38/185 and 72/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Germany
1x
Year Deficit/surplus, % of GDP
Brazil Germany
2024 -6.19% -2.66%
2023 -7.71% -2.49%
2022 -3.96% -1.91%
2021 -2.63% -3.17%
2020 -11.6% -4.38%
2019 -4.86% 1.33%
2018 -6.99% 1.88%
2017 -7.97% 1.34%
2016 -7.99% 1.13%
2015 -9.28% 0.91%
2014 -6.27% 0.73%
2013 -3.42% 0.12%
2012 -2.35% -0.05%
2011 -2.74% -0.84%
2010 -3.55% -4.42%
2009 -4.23% -3.18%
2008 -2.39% -0.26%
2007 -2.66% 0.15%
2006 -4.87% -1.76%
2005 -3.36% -3.37%
2004 -2.95% -3.42%
2003 -5.4% -3.83%
2002 -4.15% -4.09%
2001 -3.47% -3.12%
2000 -3.32% -1.71%
1999 -5.17% -1.87%
1998 -7.22% -2.65%
1997 -5.6% -3.03%
1996 -5.35% -3.64%
1995 - -9.44%
1994 - -2.54%
1993 - -3.11%
1992 - -2.63%
1991 - -3.21%
1990 - -1.94%
1989 - 0.08%
1988 - -2.02%
1987 - -1.85%
1986 -1.6% -1.18%
1985 -1.3% -1.18%
1984 -0.4% -2.04%
1983 0.1% -2.95%
1982 1.4% -3.56%
1981 1% -4.03%
1980 2.5% -3.02%
1979 0.4% -2.71%
1978 -0.1% -2.62%
1977 0.1% -2.56%
1976 0.1% -3.5%
1975 0% -5.78%
1974 0.6% -1.69%
1973 0.1% 1.14%
1972 -0.1% -0.37%
1971 -0.3% 0.16%
1970 -0.4% 0.53%
1969 -0.6% -0.43%
1968 -1.6% 1.39%
1967 -2.1% 2.73%
1966 -1.3% 1.76%
1965 -2% 2.26%
1964 -8.79% 1.49%
1963 -5.78% 1.43%
1962 -6.82% 0.49%
1961 -2.93% -0.12%
1960 -3.85% -0.34%
1959 -0.18% 0.77%
1958 -0.76% 1.77%
1957 -0.29% 1.99%
1956 -0.14% 0.59%
1955 -0.62% -1.41%
1954 -0.49% -0.37%
1953 -1.26% -0.13%
1952 0.64% 0%
1951 0.87% 1.15%
1950 -1.58% 1.81%
1949 -1.22% -
1948 0.002% -
1947 0.25% -
1946 -1.78% -
1945 -2.87% -
1944 -2.37% -
1943 -0.75% -
1942 -2.55% -
1941 -2.15% -
1940 -1.13% -
1939 -1.2% -
1938 -0.59% -
1937 -1.62% -
1936 -0.27% -
1935 -0.5% -
1934 -2.28% -0.64%
1933 -1.56% -0.43%
1932 -6.47% -1.11%
1931 -1.56% -1.03%
1930 -3.58% -1.52%
1929 -0.09% -0.9%
1928 0.57% -1.47%
1927 0.12% -0.44%
1926 -0.76% -1.3%
1925 -0.07% 0.34%
1924 -0.45% -
1923 -1.94% -
1922 -3.8% -
1921 -2.98% -
1920 -3.11% -
1919 -3.69% -
1918 -4.51% -
1917 -4.8% -
1916 -4.35% -
1915 -6.33% -
1914 -7.32% -
1913 -1.91% 0.007%
1912 -3.05% -0.26%
1911 -2.15% 0.06%
1910 -2.06% -0.21%
1909 -1.62% 0.11%
1908 -1.89% -0.11%
1907 0.38% -0.14%
1906 0.28% 0.76%
1905 0.96% 1.21%
1904 -0.62% 0.41%
1903 1.79% 0.88%
1902 1.59% 0.08%
1901 -2.46% 0.91%
1900 -5.57% 0.27%
1899 -2.13% 0.6%
1898 -14% 0.47%
1897 -2.38% 0.39%
1896 -0.79% 0.63%
1895 -1.33% 0.47%
1894 -4.11% 0.44%
1893 -1.77% 0.42%
1892 -2.6% -0.24%
1891 0.51% 1.18%
1890 -3.02% 0.12%
1889 -3.79% 1.16%
1888 0.63% 0.62%
1887 -0.76% 0.88%
1886 -3.8% 0.23%
1885 -5.71% 0.21%
1884 -3.89% 0.23%
1883 -3.33% 0.55%
1882 -1.58% 0.41%
1881 -1.9% 0.12%
1880 -4.84% -0.13%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/germany | CC BY

In 2024, Brazil's government deficit, the difference between spending and revenue, was $135B, equivalent to 6.19% of GDP. This compares to Germany's deficit of $125B, or 2.66% of GDP.

Over the past 65 years, Brazil recorded a fiscal deficit in 46 of those years, while Germany ran a deficit in 46 years. On average, Brazil posted an annual deficit equal to 3.24% of GDP, compared to deficit of 1.53% of GDP for Germany.

Inflation comparison by year

Inflation
Brazil

Germany
1x
Year Consumer prices inflation
Brazil Germany
2024 4.4% 2.26%
2023 4.6% 5.95%
2022 9.3% 6.87%
2021 8.3% 3.07%
2020 3.2% 0.14%
2019 3.7% 1.45%
2018 3.7% 1.73%
2017 3.4% 1.51%
2016 8.7% 0.49%
2015 9% 0.51%
2014 6.3% 0.91%
2013 6.2% 1.5%
2012 5.4% 2.01%
2011 6.6% 2.08%
2010 5% 1.1%
2009 4.9% 0.31%
2008 5.7% 2.63%
2007 3.6% 2.3%
2006 4.2% 1.58%
2005 6.9% 1.55%
2004 6.6% 1.67%
2003 14.7% 1.03%
2002 8.4% 1.42%
2001 6.8% 1.98%
2000 7% 1.44%
1999 4.9% 0.59%
1998 3.2% 0.91%
1997 6.9% 1.94%

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/brazil/germany | CC BY

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 1.82% in Germany. In 2024, inflation was 4.4% in Brazil and 2.26% in Germany.

Top exports between countries

Brazil
Export category Export value
Raw agricultural goods $1.97B
Raw materials & minerals $1.28B
Processed food, beverages & tobacco $821M
Machinery & equipment $690M
Precious metals & jewellery $250M
Wood & paper products $244M
Chemicals & pharma $167M
Metals $165M
Animal & marine products $159M
Textiles & consumer goods $90.5M
Germany
Export category Export value
Machinery & equipment $7.65B
Chemicals & pharma $3.66B
Metals $1.07B
Transport & tourism services $945M
IT & IP services $453M
Precious metals & jewellery $435M
Miscellaneous $413M
Raw materials & minerals $365M
Textiles & consumer goods $322M
Business & finance services $261M

Balance of trade

Brazil Germany
Current account balance
-$66.2B
2024
$270B
2024
Current account balance ranking
188/190
2024
2/190
2024
Current account balance, % of GDP
-3.03%
2024
+5.77%
2024
Goods imports
$274B
2024
$1.21T
2024
Goods exports
$340B
2024
$1.47T
2024
Service imports
$103B
2024
$548B
2024
Service exports
$48.1B
2024
$470B
2024
Imports of goods and services, % of GDP
17.6%
2024
37.7%
2024
Exports of goods and services, % of GDP
17.9%
2024
41.4%
2024

Economic freedom indices

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

Brazil Germany
Economic freedom 52.4 71.7
Economic freedom ranking 148/197 30/197
Property rights 49.2 95.5
Government integrity 37.2 84.5
Judicial effectiveness 55.6 94.6
Tax burden 70.6 60.5
Government spending 39.8 28.8
Fiscal health 28 83.1
Business freedom 65.7 79.8
Labor freedom 57 52.2
Monetary freedom 76 72.5
Trade freedom 69 79.4
Investment freedom 40 60
Financial freedom 40 70

Economic freedom comparison by year

Brazil
Germany
1x
Year Economic freedom index
Brazil Germany
2026 52.4 71.7
2025 55.1 71.6
2024 53.2 72.1
2023 53.5 73.7
2022 53.3 76.1
2021 53.4 72.5
2020 53.7 73.5
2019 51.9 73.5
2018 51.4 74.2
2017 52.9 73.8
2016 56.5 74.4
2015 56.6 73.8
2014 56.9 73.4
2013 57.7 72.8
2012 57.9 71
2011 56.3 71.8
2010 55.6 71.1
2009 56.7 70.5
2008 56.2 70.6
2007 56.2 70.8
2006 60.9 70.8
2005 61.7 68.1
2004 62 69.5
2003 63.4 69.7
2002 61.5 70.4
2001 61.9 69.5
2000 61.1 65.7
1999 61.3 65.6
1998 52.3 64.3
1997 52.6 67.5
1996 48.1 69.1
1995 51.4 69.8

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

GeoRank.org/economy/brazil/germany | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 71.7 for Germany, ranking 30/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Germany
Services, % of GDP
59.2%
2024
64%
2024
Industry, % of GDP
20.9%
2024
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
0.91%
2024
GNI, Atlas method
$2.11T
2024
$4.6T
2024
GNI per capita, PPP
$21,590
2024
$76,180
2024
Total reserves including gold
$330B
2024
$378B
2024
Total reserves ranking
11/177
2024
10/177
2024
Net foreign direct investment
-$47.8B
2024
$32.6B
2024
Net inflows of foreign direct investment
$74.1B
2024
$47.6B
2024
Net outflows of foreign direct investment
$26.3B
2024
$80.2B
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
n/a
Poverty at national poverty lines
4.2%
2020
14.8%
2021
Gross capital formation, % of GDP
17%
2024
21.5%
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/brazil/germany | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, 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 (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.