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Economy of Colombia vs India compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $3.96T for India, ranking 37/197 and 6/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $3.33T (84.1% of GDP) in India.

Colombia vs India GDP by year

Colombia
India
1x
Year GDP, current $
Colombia India
2025 $457,410,034,203 $3,956,067,115,772
2024 $420,504,033,143 $3,760,813,470,501
2023 $366,901,643,683 $3,500,906,030,645
2022 $345,632,492,851 $3,249,938,492,013
2021 $318,524,633,225 $3,167,270,623,260
2020 $270,348,342,541 $2,674,851,578,587
2019 $323,031,701,193 $2,835,606,256,558
2018 $334,198,218,098 $2,702,929,641,649
2017 $311,866,875,157 $2,651,474,262,755
2016 $282,720,100,286 $2,294,796,885,663
2015 $293,492,370,193 $2,103,588,360,045
2014 $381,240,864,422 $2,039,126,479,155
2013 $382,093,697,078 $1,856,721,507,622
2012 $370,691,143,018 $1,827,637,590,410
2011 $334,966,134,805 $1,823,051,829,895
2010 $286,498,534,095 $1,675,615,519,485
2009 $232,468,663,110 $1,341,888,016,995
2008 $242,504,150,473 $1,198,895,139,006
2007 $206,229,540,926 $1,216,736,438,835
2006 $161,792,958,905 $940,259,888,788
2005 $145,600,529,606 $820,383,763,511
2004 $117,092,416,666 $709,152,728,831
2003 $94,644,969,157 $607,700,687,237
2002 $97,945,812,803 $514,939,140,319
2001 $98,200,641,203 $485,440,139,204
2000 $99,875,074,951 $468,395,521,654
1999 $86,186,158,685 $458,821,052,616
1998 $98,443,739,941 $421,351,317,225
1997 $106,659,508,271 $415,867,563,593
1996 $97,160,109,278 $392,896,866,205
1995 $92,507,279,383 $360,281,909,643
1994 $81,703,500,846 $327,274,843,459
1993 $66,446,804,803 $279,295,648,983
1992 $58,418,985,443 $288,208,070,278
1991 $49,175,565,911 $270,105,341,879
1990 $47,844,090,710 $320,979,026,420
1989 $39,540,080,200 $296,042,052,945
1988 $39,212,550,050 $296,589,670,896
1987 $36,373,307,085 $279,033,584,092
1986 $34,942,489,684 $248,985,994,041
1985 $34,894,411,352 $232,511,554,840
1984 $38,253,120,738 $212,157,645,178
1983 $38,729,822,782 $218,262,146,413
1982 $38,968,039,722 $200,715,624,831
1981 $36,388,366,869 $193,491,368,446
1980 $33,400,735,644 $186,328,579,302
1979 $27,940,411,250 $152,995,442,498
1978 $23,263,511,958 $137,302,319,829
1977 $19,470,960,619 $121,486,641,441
1976 $15,341,403,660 $102,716,451,980
1975 $13,098,633,902 $98,473,832,017
1974 $12,370,029,584 $99,526,597,934
1973 $10,315,760,000 $85,517,673,173
1972 $8,671,358,733 $71,464,700,667
1971 $7,820,380,971 $67,351,404,352
1970 $7,198,360,460 $62,422,483,055
1969 $6,450,175,214 $58,447,995,017
1968 $5,960,212,869 $53,085,455,871
1967 $5,825,170,438 $50,134,942,204
1966 $5,428,518,519 $45,581,230,504
1965 $5,760,761,905 $59,556,105,229
1964 $5,973,366,667 $56,480,289,941
1963 $4,836,166,667 $48,421,923,459
1962 $4,955,543,963 $42,161,481,858
1961 $4,540,447,761 $39,232,435,784
1960 $4,031,152,977 $37,029,883,876

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/india | CC BY

GDP per capita in Colombia vs India by year

Colombia
GDP per capita

GDP per capita, PPP
India
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia India
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $2,702 -
2024 $7,951 $22,349 $2,592 $11,160
2023 $7,012 $21,246 $2,434 $10,323
2022 $6,680 $20,854 $2,280 $9,207
2021 $6,223 $17,383 $2,240 $8,050
2020 $5,340 $15,519 $1,907 $6,966
2019 $6,473 $16,182 $2,041 $7,151
2018 $6,817 $15,239 $1,966 $6,715
2017 $6,480 $14,401 $1,950 $6,145
2016 $5,960 $14,027 $1,708 $5,800
2015 $6,249 $13,332 $1,584 $5,425
2014 $8,187 $13,355 $1,554 $5,192
2013 $8,279 $12,780 $1,433 $5,014
2012 $8,109 $12,093 $1,429 $4,820
2011 $7,401 $11,707 $1,445 $4,455
2010 $6,398 $10,841 $1,348 $4,206
2009 $5,251 $10,367 $1,095 $3,887
2008 $5,542 $10,307 $993 $3,633
2007 $4,770 $9,909 $1,022 $3,508
2006 $3,790 $9,154 $802 $3,221
2005 $3,456 $8,432 $710 $2,937
2004 $2,819 $7,909 $624 $2,682
2003 $2,312 $7,420 $544 $2,461
2002 $2,429 $7,109 $469 $2,277
2001 $2,473 $6,935 $450 $2,200
2000 $2,555 $6,776 $443 $2,091
1999 $2,241 $6,544 $442 $2,006
1998 $2,605 $6,854 $414 $1,852
1997 $2,873 $6,861 $416 $1,759
1996 $2,665 $6,639 $401 $1,695
1995 $2,584 $6,506 $375 $1,579
1994 $2,326 $6,174 $348 $1,467
1993 $1,929 $5,826 $303 $1,374
1992 $1,730 $5,509 $319 $1,309
1991 $1,486 $5,281 $306 $1,239
1990 $1,475 $5,109 $371 $1,212
1989 $1,244 - $350 -
1988 $1,260 - $358 -
1987 $1,193 - $345 -
1986 $1,169 - $315 -
1985 $1,192 - $301 -
1984 $1,336 - $281 -
1983 $1,384 - $296 -
1982 $1,425 - $278.7 -
1981 $1,362 - $275 -
1980 $1,280 - $271.1 -
1979 $1,095 - $228 -
1978 $932 - $209.4 -
1977 $798 - $189.6 -
1976 $643 - $164.1 -
1975 $561 - $161.1 -
1974 $542 - $166.7 -
1973 $462 - $146.6 -
1972 $397 - $125.3 -
1971 $367 - $120.7 -
1970 $346 - $114.4 -
1969 $318 - $109.5 -
1968 $302 - $101.6 -
1967 $303 - $98 -
1966 $290.3 - $91 -
1965 $317 - $121.5 -
1964 $339 - $117.9 -
1963 $282.6 - $103.4 -
1962 $298.5 - $92.2 -
1961 $282.1 - $87.9 -
1960 $258.3 - $84.9 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/india | CC BY

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $2,702 in India, ranking 149/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while India ranks 130th at $11,160.

Economic indicators

Colombia India
Gross domestic product
$457B
2025
$3.96T
2025
GDP rank
37/197
2025
6/197
2025
GDP growth
2.64%
2024-2025
7.57%
2024-2025
GDP per capita
$8,562
2025
$2,702
2025
GDP per capita rank
94/197
2025
149/197
2025
GDP per capita, PPP
$22,349
2024
$11,160
2024
GDP per capita PPP rank
87/197
2024
130/197
2024
Government debt
$274B
2025
$3.33T
2025
Debt-to-GDP ratio
59.9%
2025
84.1%
2025
Government debt per person
$5,126
2025
$2,272
2025
Government debt per person rank
85/185
2025
116/185
2025
Average annual personal income after taxes
$6,463
2026
$2,974
2026
Market capitalization of domestic companies
$133B
2025
$10.6T
2025
Number of millionaires n/a
944,000
2026
Number of billionaires
4
2026
229
2026
Income share by richest 10%
42.7%
2024
22.1%
2022
Income share by poorest 10%
1%
2024
4.5%
2022
Government expenditure, % of GDP
33.2%
2025
28.5%
2025
Consumer prices inflation
5.14%
2024-2025
2.4%
2024-2025
Central bank interest rate
11.3%
2026
5.25%
2025
Unemployment rate
8.43%
2025
4.51%
2025
Population
54209462
1483314140

Spending and national debt comparison by year

Colombia
Spending

Debt
India
Spending

Debt
1x
Year % of GDP
Colombia India
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 28.5% 84.1%
2024 34.4% 61% 29.3% 84.8%
2023 35.1% 55.4% 29.7% 85%
2022 34.1% 61.3% 30% 84.6%
2021 34.5% 64.4% 30.7% 85.7%
2020 33.7% 65.3% 31.8% 90.6%
2019 32.9% 51% 27.4% 76.7%
2018 34.7% 51.8% 26.8% 71.7%
2017 29.3% 49.4% 26.6% 70.8%
2016 30% 49.9% 27.6% 69.8%
2015 31.3% 50.4% 27.3% 69.8%
2014 31.3% 43.3% 26.2% 67.6%
2013 30% 37.6% 26.5% 68%
2012 29.1% 34% 27.2% 68.1%
2011 30.2% 35.8% 27.3% 68.7%
2010 30.4% 36.5% 27.7% 67.7%
2009 30.9% 35.4% 28.1% 72.7%
2008 28.4% 32.4% 28.3% 74.3%
2007 28.2% 32.7% 26.1% 75.4%
2006 28.4% 36% 25.6% 77.9%
2005 25.9% 38.5% 26% 82.4%
2004 26.6% 41.5% 28.4% 84.9%
2003 28% 45% 29.9% 85.9%
2002 28.1% 47.5% 29.1% 84.3%
2001 27.5% 41.1% 28.3% 80.1%
2000 26.6% 38% 26.1% 74.9%
1999 28.3% 34% 25.8% 71.3%
1998 26.3% 27.5% 26% 69.3%
1997 26.2% 25.3% 25.2% 69%
1996 25.1% 23.3% 24.4% 67.1%
1995 22.2% 13.8% 25% 70.9%
1994 20.6% 12.5% 26.2% 74.8%
1993 20% 14.2% 26.2% 78.3%
1992 18.4% 16.1% 26.7% 78.8%
1991 17.7% 14.5% 26.8% 76.7%
1990 17.4% 16.7% 25.4% 50.8%
1989 10.3% 17.3% 25.7% 50.5%
1988 10.3% 17.9% 24.9% 48.9%
1987 9.7% 18.9% 22.5% 48.9%
1986 9.8% 20.2% 23.2% 47.9%
1985 10.5% 19.3% 21.6% 44.3%
1984 10.3% 15.5% 19.8% 41.6%
1983 10.2% 10.8% 17.8% 39.6%
1982 10.6% 8.8% 17.8% 41.7%
1981 9.9% 8.5% 16.6% 37.2%
1980 9.6% 8% 17.5% 38%
1979 8.6% 7.7% 15.6% 32.2%
1978 8.1% 7.6% 15% 30.8%
1977 7.7% 9.2% 13.9% 29.9%
1976 8% 12.2% 14.4% 31.3%
1975 9.4% 14.6% 12.7% 29.5%
1974 8.8% 15.9% 11.3% 29%
1973 9.4% 16.3% 12.9% 34.1%
1972 10.3% 16.9% 13.5% 37.2%
1971 10.3% 16.2% 12.4% 37.6%
1970 10% 16.7% 11.7% 38.1%
1969 9.2% 17% 11.5% 38.8%
1968 8.9% 16.2% 12.6% 40.3%
1967 8.2% 15.8% 13.8% 38.5%
1966 8% 15.3% 13.8% 36.2%
1965 7% 15.2% 13.7% 36.8%
1964 8.1% 13.1% 13.2% 33.8%
1963 8.6% 13.9% 12.3% 35.5%
1962 7.8% 14.8% 11.5% 36.2%
1961 8.6% 8.7% 11.8% 38.7%
1960 6.7% 7.2% 11.2% 36.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

GeoRank.org/economy/colombia/india | CC BY

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while India spent $1.13T, or 28.5% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 84.1% in India, ranking 78/185 and 38/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

India
1x
Year Deficit/surplus, % of GDP
Colombia India
2025 -5.75% -7.44%
2024 -6.04% -7.85%
2023 -2.92% -8.37%
2022 -6.36% -9.23%
2021 -7.28% -9.7%
2020 -7.12% -13.2%
2019 -3.48% -7.86%
2018 -4.67% -6.46%
2017 -2.5% -6.33%
2016 -2.27% -7.21%
2015 -3.52% -7.28%
2014 -1.74% -6.9%
2013 -1.02% -6.78%
2012 0.15% -7.32%
2011 -1.99% -8.03%
2010 -3.3% -8.53%
2009 -2.67% -9.26%
2008 0.04% -8.15%
2007 -0.82% -3.73%
2006 -0.99% -5.11%
2005 -0.02% -6.64%
2004 -1.31% -9.22%
2003 -2.7% -11.4%
2002 -3.45% -11.1%
2001 -2.71% -11%
2000 -2.94% -8.41%
1999 -5.37% -8.7%
1998 -3.86% -9.74%
1997 -3.23% -8.28%
1996 -2.49% -6.71%
1995 -1% -6.81%
1994 -0.14% -8%
1993 -0.24% -8.57%
1992 -0.07% -7.89%
1991 0.35% -7.44%
1990 -0.41% -7.63%
1989 -1.4% -7.68%
1988 -1.3% -7.01%
1987 -0.4% -9.53%
1986 -1.4% -10.6%
1985 -2.4% -9.58%
1984 -3.3% -8.54%
1983 -3.1% -7.28%
1982 -3.6% -6.78%
1981 -2.8% -6.07%
1980 -2.2% -7.27%
1979 -0.7% -4.87%
1978 0.3% -4.45%
1977 0.5% -4.1%
1976 0.6% -4.1%
1975 -0.5% -3.11%
1974 -1.2% -2.3%
1973 -1.1% -3.53%
1972 -1.7% -3.14%
1971 -1% -2.9%
1970 -0.7% -2.35%
1969 -0.5% -2.66%
1968 0% -3.98%
1967 -0.2% -4.97%
1966 0.1% -4.18%
1965 -0.6% -4.49%
1964 -1.1% -4.41%
1963 -1.7% -4.16%
1962 -1.6% -3.3%
1961 -1.5% -4.1%
1960 1.2% -4.05%
1959 2% -5.29%
1958 1.7% -5.08%
1957 1.4% -3.35%
1956 -0.2% -2.93%
1955 0.7% -2.77%
1954 1.3% -2.61%
1953 1.3% -1.83%
1952 1.6% 0.03%
1951 2.1% -0.5%
1950 0.9% -1.01%
1949 0.5% -0.73%
1948 -0.1% -0.82%
1947 0.2% -0.86%
1946 -0.5% -2.89%
1945 0.1% -4.4%
1944 -0.2% -3.32%
1943 -0.7% -3.48%
1942 -1.5% -3.62%
1941 0% -0.37%
1940 -1.5% -0.59%
1939 0.8% -0.32%
1938 0.5% -0.16%
1937 1.4% -0.1%
1936 1.1% -0.45%
1935 1.3% -0.4%
1934 0.2% -0.09%
1933 -0.4% 0%
1932 -0.8% 0.03%
1931 -0.2% -0.68%
1930 0.3% -1.02%
1929 0.4% -0.91%
1928 -0.4% -0.87%
1927 -0.6% -0.98%
1926 0% -0.88%
1925 1% -0.67%
1924 0.5% -0.3%
1923 0.3% -0.66%
1922 -0.7% -1.05%
1921 -1.6% -1.45%
1920 0.4% -1.57%
1919 -0.8% -1.04%
1918 -2.1% -0.48%
1917 -0.5% -5.69%
1916 0.2% 0.25%
1915 -0.2% -0.51%
1914 -0.5% -0.98%
1913 0.5% -0.85%
1912 -0.3% -0.58%
1911 -0.1% -0.42%
1910 -0.3% -0.85%
1909 -3.3% -0.7%
1908 -2.7% -1.25%
1907 -2.7% -1.22%
1906 0.2% -0.8%
1905 -0.9% -2%
1904 - -0.53%
1903 - -0.56%
1902 - -0.56%
1901 - -0.27%
1900 - -1.06%
1899 - -0.56%
1898 - -0.49%
1897 - -1.02%
1896 - -1%
1895 - -0.41%
1894 - -0.5%
1893 - -0.59%
1892 - -0.56%
1891 - -0.64%
1890 - -0.8%
1889 - -0.45%
1888 - -1.94%
1887 - -1.28%
1886 - -0.75%
1885 - -1.48%
1884 - -1.22%
1883 - -0.81%
1882 - -0.77%
1881 - -0.05%
1880 - -0.69%
1879 - -0.39%
1878 - -0.12%
1877 - -0.84%
1876 - -0.8%
1875 - -0.87%
1874 - -0.15%
1873 - -0.28%
1872 - 0.31%
1871 - 0.42%
1870 - 0.19%
1869 - 0.01%
1868 - -0.38%
1867 - -0.12%
1866 - -0.31%
1865 - 0.21%
1864 - -0.11%
1863 - -0.06%
1862 - 0.15%
1861 - -0.16%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1861–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/india | CC BY

In 2025, Colombia's government deficit, the difference between spending and revenue, was $26.3B, equivalent to 5.75% of GDP. This compares to India's deficit of $294B, or 7.44% of GDP.

Over the past 66 years, Colombia recorded a fiscal deficit in 57 of those years, while India ran a deficit in 66 years. On average, Colombia posted an annual deficit equal to 1.93% of GDP, compared to deficit of 6.78% of GDP for India.

Inflation comparison by year

Inflation
Colombia

India
1x
Year Consumer prices inflation
Colombia India
2025 5.14% 2.4%
2024 6.61% 4.95%
2023 11.7% 5.65%
2022 10.2% 6.7%
2021 3.5% 5.13%
2020 2.53% 6.62%
2019 3.52% 3.73%
2018 3.24% 3.94%
2017 4.31% 3.33%
2016 7.51% 4.95%
2015 4.99% 4.91%
2014 2.9% 6.67%
2013 2.02% 10%
2012 3.17% 9.48%
2011 3.42% 8.91%
2010 2.27% 12%
2009 4.2% 10.9%
2008 7% 8.35%
2007 5.54% 6.37%
2006 4.29% 5.8%
2005 5.05% 4.25%
2004 5.9% 3.77%
2003 7.13% 3.81%
2002 6.35% 4.3%
2001 7.97% 3.78%
2000 9.23% 4.01%
1999 10.9% 4.67%
1998 18.7% 13.2%
1997 18.5% 7.16%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/india | CC BY

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 6.2% in India. In 2025, inflation was 5.14% in Colombia and 2.4% in India.

Top exports between countries

Colombia
Export category Export value
Raw materials & minerals $1.65B
Precious metals & jewellery $399M
Metals $73.4M
Processed food, beverages & tobacco $22.4M
Chemicals & pharma $11.9M
Wood & paper products $8.28M
Machinery & equipment $5.64M
Raw agricultural goods $2.2M
Textiles & consumer goods $821K
Animal & marine products $342K
India
Export category Export value
Machinery & equipment $920M
Chemicals & pharma $387M
Textiles & consumer goods $250M
Metals $84.2M
Raw materials & minerals $64.3M
Raw agricultural goods $12.9M
Processed food, beverages & tobacco $9.75M
Miscellaneous $7.78M
Wood & paper products $3.32M
Precious metals & jewellery $1.54M

Balance of trade

Colombia India
Current account balance
-$10.9B
2025
-$16.5B
2025
Current account balance ranking
176/190
2025
182/190
2025
Current account balance, % of GDP
-2.38%
2025
-0.42%
2025
Goods imports
$66.3B
2025
$761B
2025
Goods exports
$51.5B
2025
$450B
2025
Service imports
$19.6B
2025
$203B
2025
Service exports
$19.6B
2025
$412B
2025
Imports of goods and services, % of GDP
20.4%
2025
24%
2025
Exports of goods and services, % of GDP
15%
2025
22.3%
2025

Economic freedom indices

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

Colombia India
Economic freedom 59.8 52.5
Economic freedom ranking 101/197 146/197
Property rights 43.1 48.3
Government integrity 41.6 37.8
Judicial effectiveness 57.4 52.6
Tax burden 68.6 71.2
Government spending 64 75.7
Fiscal health 49.8 6.7
Business freedom 71.2 67.4
Labor freedom 59.1 59
Monetary freedom 71.9 70.9
Trade freedom 71.4 61
Investment freedom 60 40
Financial freedom 60 40

Economic freedom comparison by year

Colombia
India
1x
Year Economic freedom index
Colombia India
2026 59.8 52.5
2025 59.8 53
2024 59.2 52.9
2023 63.1 52.9
2022 65.1 53.9
2021 68.1 56.5
2020 69.2 56.5
2019 67.3 55.2
2018 68.9 54.5
2017 69.7 52.6
2016 70.8 56.2
2015 71.7 54.6
2014 70.7 55.7
2013 69.6 55.2
2012 68 54.6
2011 68 54.6
2010 65.5 53.8
2009 62.3 54.4
2008 62.2 54.1
2007 59.9 53.9
2006 60.4 52.2
2005 59.6 54.2
2004 61.2 51.5
2003 64.2 51.2
2002 64.2 51.2
2001 65.6 49
2000 63.3 47.4
1999 65.3 50.2
1998 65.5 49.7
1997 66.4 49.7
1996 64.3 47.4
1995 64.5 45.1

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/colombia/india | CC BY

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 52.5 for India, ranking 146/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia India
Services, % of GDP
58.5%
2025
49.3%
2025
Industry, % of GDP
21.8%
2025
25.2%
2025
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
16.2%
2025
GNI, Atlas method
$422B
2025
$4.04T
2025
GNI per capita, PPP
$22,250
2025
$11,600
2025
Total reserves including gold
$65.8B
2025
$700B
2025
Total reserves ranking
41/177
2025
5/177
2025
Net foreign direct investment
-$7.31B
2025
-$3.41B
2025
Net inflows of foreign direct investment
$13.7B
2024
$27.1B
2024
Net outflows of foreign direct investment
$4.51B
2024
$24.2B
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
2.47%
2024
Poverty at national poverty lines
31.8%
2024
21.9%
2011
Gross capital formation, % of GDP
16.7%
2025
34.6%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/india | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1861–1995, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.