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Economy of France vs Germany compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $4.69T for Germany, ranking 7/197 and 3/197 by economy size, respectively.

France has $3.58T in government debt (113.1% of GDP), compared to $2.97T (63.5% of GDP) in Germany.

France vs Germany GDP by year

France
Germany
1x
Year GDP, current $
France Germany
2024 $3,160,442,622,465 $4,685,592,577,805
2023 $3,056,250,648,138 $4,562,207,532,490
2022 $2,794,788,137,067 $4,201,021,706,479
2021 $2,966,433,692,008 $4,355,251,953,411
2020 $2,647,926,055,110 $3,941,398,957,074
2019 $2,722,793,515,172 $3,959,894,794,039
2018 $2,781,576,320,884 $4,055,433,215,302
2017 $2,588,868,323,335 $3,765,351,626,106
2016 $2,470,407,619,777 $3,536,787,895,179
2015 $2,442,483,452,643 $3,425,099,578,746
2014 $2,861,236,112,552 $3,964,870,735,761
2013 $2,816,077,607,875 $3,807,023,797,051
2012 $2,683,007,095,787 $3,596,483,233,406
2011 $2,870,408,553,990 $3,823,575,803,794
2010 $2,646,230,027,988 $3,467,093,769,667
2009 $2,700,075,882,519 $3,478,545,516,684
2008 $2,926,802,941,586 $3,808,197,720,125
2007 $2,655,816,911,867 $3,484,056,680,855
2006 $2,317,861,544,691 $3,046,308,753,671
2005 $2,192,146,403,028 $2,893,393,187,362
2004 $2,109,792,297,237 $2,852,317,768,062
2003 $1,835,095,983,049 $2,534,715,518,349
2002 $1,492,427,756,382 $2,102,350,798,306
2001 $1,370,376,677,299 $1,966,381,496,642
2000 $1,360,959,069,477 $1,966,980,701,145
1999 $1,486,915,879,702 $2,213,873,468,587
1998 $1,496,906,382,032 $2,247,760,364,566
1997 $1,449,392,222,971 $2,218,790,886,533
1996 $1,598,889,216,566 $2,506,576,553,158
1995 $1,595,219,345,512 $2,593,053,091,306
1994 $1,385,822,778,828 $2,215,282,632,277
1993 $1,314,383,368,080 $2,078,954,217,438
1992 $1,389,663,073,110 $2,141,377,582,968
1991 $1,258,961,748,634 $1,875,792,575,133
1990 $1,257,649,439,827 $1,778,162,195,860
1989 $1,016,742,237,302 $1,404,092,925,205
1988 $1,010,827,662,152 $1,406,367,016,372
1987 $926,320,855,615 $1,302,932,318,825
1986 $764,946,585,851 $1,050,092,624,516
1985 $547,220,981,165 $735,218,723,093
1984 $525,033,325,828 $727,767,760,979
1983 $553,356,312,936 $773,507,930,295
1982 $578,152,310,610 $779,421,633,755
1981 $609,184,791,792 $803,404,797,058
1980 $694,529,183,483 $953,772,499,462
1979 $608,218,624,730 $884,574,218,333
1978 $501,724,418,605 $743,182,891,918
1977 $406,401,711,688 $602,698,323,086
1976 $368,363,152,144 $521,658,712,133
1975 $357,324,307,786 $492,434,094,920
1974 $282,739,225,314 $446,934,971,657
1973 $261,970,536,240 $399,833,571,167
1972 $201,738,881,664 $300,899,944,795
1971 $164,694,210,962 $250,900,942,397
1970 $147,312,861,698 $216,629,229,947
1969 $140,660,914,841 $177,733,486,326
1968 $128,710,572,572 $156,527,292,653
1967 $118,088,635,381 $145,100,667,773
1966 $109,306,730,313 $143,304,275,684
1965 $100,927,668,584 $134,774,688,191
1964 $93,424,179,943 $123,330,404,665
1963 $84,227,606,650 $112,232,503,744
1962 $75,196,980,365 $105,895,435,234
1961 $67,158,050,215 $96,558,204,043
1960 $61,959,085,885 $84,619,845,881

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

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

GDP per capita in France vs Germany by year

France
GDP per capita

GDP per capita, PPP
Germany
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Germany
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $46,103 $62,557 $56,104 $73,552
2023 $44,700 $60,839 $54,777 $71,684
2022 $40,989 $57,043 $50,507 $69,049
2021 $43,725 $52,517 $52,349 $62,531
2020 $39,170 $49,482 $47,395 $58,686
2019 $40,408 $51,130 $47,656 $59,271
2018 $41,418 $46,381 $48,916 $56,273
2017 $38,687 $44,469 $45,554 $54,110
2016 $37,024 $42,880 $42,949 $51,570
2015 $36,702 $40,905 $41,930 $48,545
2014 $43,148 $40,218 $48,960 $47,939
2013 $42,669 $39,583 $47,207 $45,889
2012 $40,864 $37,671 $44,718 $44,229
2011 $43,930 $37,510 $47,631 $43,398
2010 $40,695 $35,908 $42,397 $39,726
2009 $41,728 $34,685 $42,472 $37,574
2008 $45,465 $35,053 $46,379 $38,444
2007 $41,486 $34,066 $42,351 $36,914
2006 $36,432 $32,424 $36,980 $34,741
2005 $34,696 $30,431 $35,084 $32,314
2004 $33,645 $28,921 $34,567 $31,753
2003 $29,480 $28,024 $30,711 $30,301
2002 $24,145 $28,350 $25,487 $29,514
2001 $22,332 $27,347 $23,878 $28,674
2000 $22,341 $26,007 $23,926 $27,474
1999 $24,576 $24,204 $26,965 $26,518
1998 $24,869 $23,263 $27,396 $25,446
1997 $24,169 $22,190 $27,047 $24,649
1996 $26,758 $21,268 $30,600 $24,169
1995 $26,792 $20,701 $31,747 $23,631
1994 $23,360 $19,892 $27,202 $22,869
1993 $22,239 $19,094 $25,617 $21,900
1992 $23,615 $18,801 $26,560 $21,746
1991 $21,501 $18,198 $23,443 $21,001
1990 $21,586 $17,475 $22,386 $19,468
1989 $17,547 - $17,829 -
1988 $17,550 - $17,997 -
1987 $16,176 - $16,739 -
1986 $13,430 - $13,511 -
1985 $9,657 - $9,464 -
1984 $9,312 - $9,347 -
1983 $9,862 - $9,900 -
1982 $10,360 - $9,950 -
1981 $10,956 - $10,246 -
1980 $12,565 - $12,183 -
1979 $11,063 - $11,322 -
1978 $9,167 - $9,517 -
1977 $7,459 - $7,711 -
1976 $6,792 - $6,659 -
1975 $6,617 - $6,259 -
1974 $5,261 - $5,660 -
1973 $4,907 - $5,065 -
1972 $3,809 - $3,824 -
1971 $3,137 - $3,204 -
1970 $2,833 - $2,771 -
1969 $2,729 - $2,281 -
1968 $2,518 - $2,025 -
1967 $2,328 - $1,886 -
1966 $2,173 - $1,871 -
1965 $2,024 - $1,774 -
1964 $1,891 - $1,637 -
1963 $1,723 - $1,502 -
1962 $1,554 - $1,431 -
1961 $1,402 - $1,316 -
1960 $1,307 - $1,162 -

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

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

France's GDP per capita is $46,103, ranking 27/197, compared to $56,104 in Germany, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Germany ranks 20th at $73,552.

Economic indicators

France Germany
Gross domestic product
$3.16T
2024
$4.69T
2024
GDP rank
7/197
2024
3/197
2024
GDP growth
1.19%
2023-2024
-0.5%
2023-2024
GDP per capita
$46,103
2024
$56,104
2024
GDP per capita rank
27/197
2024
19/197
2024
GDP per capita, PPP
$62,557
2024
$73,552
2024
GDP per capita PPP rank
30/197
2024
20/197
2024
Government debt
$3.58T
2024
$2.97T
2024
Debt-to-GDP ratio
113.1%
2024
63.5%
2024
Government debt per person
$52,165
2024
$35,606
2024
Government debt per person rank
8/185
2024
21/185
2024
Average annual personal income after taxes
$35,669
2026
$41,775
2026
Market capitalization of domestic companies
$2.37T
2018
$2.04T
2024
Number of millionaires
2,897,000
2025
2,675,000
2025
Number of billionaires
52
2025
171
2025
Income share by richest 10%
25%
2023
25%
2020
Income share by poorest 10%
3%
2023
2.9%
2020
Government expenditure, % of GDP
57.2%
2024
49.4%
2024
Consumer prices inflation
2%
2023-2024
2.26%
2023-2024
Unemployment rate
7.44%
2024
3.37%
2024
Population
68788006
82575542

Spending and national debt comparison by year

France
Spending

Debt
Germany
Spending

Debt
1x
Year % of GDP
France Germany
Government spending Government debt Government spending Government debt
2024 57.2% 113.1% 49.4% 63.5%
2023 56.8% 109.6% 48.1% 62.4%
2022 58.4% 111.4% 48.6% 64.4%
2021 59.5% 112.8% 50.7% 68%
2020 61.7% 114.9% 51.1% 68%
2019 55.3% 98.1% 45.5% 58.7%
2018 56.4% 98.5% 44.7% 60.8%
2017 57.7% 98.7% 44.5% 64%
2016 57.4% 98.1% 44.7% 68.3%
2015 57.6% 96.9% 44.5% 71.2%
2014 58.4% 96.1% 44.5% 74.5%
2013 58.6% 94.5% 45.2% 77.5%
2012 57.9% 91.7% 45.1% 79.8%
2011 57% 88.7% 45.3% 78.5%
2010 57.7% 86.3% 48.1% 81%
2009 58% 84.1% 48.3% 72.4%
2008 54.3% 69.8% 44.4% 65.2%
2007 53.6% 65.5% 43.5% 63.7%
2006 53.7% 65.4% 45.3% 66.4%
2005 54.3% 68.2% 46.9% 67.1%
2004 54% 66.9% 47% 65%
2003 54.4% 65.4% 48.5% 63.3%
2002 53.9% 61.3% 48.2% 59.8%
2001 52.8% 59.3% 47.7% 58.1%
2000 52.6% 59.7% 48.1% 59.2%
1999 53.7% 61.4% 48.5% 60.3%
1998 54% 62.1% 48.3% 59.4%
1997 55.6% 62% 48.8% 58.8%
1996 56% 60.6% 49.6% 57.7%
1995 56% 57.8% 55.2% 54.9%
1994 55.9% 51.6% 48.3% 47.5%
1993 56.5% 48.2% 48.3% 45.1%
1992 54% 41.7% 47.4% 41.4%
1991 52.7% 37.8% 46.5% 39%
1990 51.6% 36.8% 44.7% 40.7%
1989 48.9% 34% 44.3% 39.2%
1988 50.1% 33.3% 45.6% 40.5%
1987 50.7% 33.4% 46% 40.1%
1986 51.3% 31.1% 45.7% 39.1%
1985 51.9% 30.6% 46.6% 39.2%
1984 51.2% 29% 47.2% 38.7%
1983 50.2% 26.6% 47.9% 38%
1982 49.9% 25.3% 49.1% 36.4%
1981 48.5% 22% 49% 33.6%
1980 46% 20.7% 48.2% 30.1%
1979 44.9% 21.1% 47.4% 28.2%
1978 44.7% 21.2% 47.7% 27.4%
1977 21.4% 15% 49% 26%
1976 21.7% 15.1% 49.4% 25.1%
1975 22% 16.1% 50.3% 23.7%
1974 19.9% 15.4% 46% 18.5%
1973 19.7% 15.8% 42.4% 17.3%
1972 19.8% 17.7% 41.8% 18%
1971 20% 20.1% 40.9% 17.7%
1970 20.5% 21% 39.5% 17.7%
1969 21.5% 14.4% 29.7% 20.3%
1968 22.7% 15.8% 28.5% 22.5%
1967 21.4% 16.1% 28.8% 22.5%
1966 21.4% 15.3% 28.3% 19.8%
1965 21.1% 17.6% 28.4% 18.7%
1964 21% 19.6% 29% 18.2%
1963 22.6% 22.2% 29.1% 18.1%
1962 21.7% 23.6% 29.2% 17.6%
1961 21.9% 26.3% 28.8% 18.7%
1960 22.2% 28.5% 22.9% 18.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-02-20).

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

In 2024, France's government spending was $1.81T, accounting for 57.2% of its GDP, while Germany spent $2.32T, or 49.4% of GDP.

Debt-to-GDP ratio is 113.1% in France and 63.5% in Germany, ranking 14/185 and 72/185, respectively.

Government deficit by year

Deficit/surplus
France

Germany
1x
Year Deficit/surplus, % of GDP
France Germany
2024 -5.77% -2.66%
2023 -5.44% -2.49%
2022 -4.74% -1.91%
2021 -6.58% -3.17%
2020 -8.93% -4.38%
2019 -2.39% 1.33%
2018 -2.32% 1.88%
2017 -3.36% 1.34%
2016 -3.76% 1.13%
2015 -3.89% 0.91%
2014 -4.57% 0.73%
2013 -4.94% 0.12%
2012 -5.17% -0.05%
2011 -5.3% -0.84%
2010 -7.16% -4.42%
2009 -7.38% -3.18%
2008 -3.5% -0.26%
2007 -2.99% 0.15%
2006 -2.66% -1.76%
2005 -3.5% -3.37%
2004 -3.55% -3.42%
2003 -4.09% -3.83%
2002 -3.18% -4.09%
2001 -1.42% -3.12%
2000 -1.32% -1.71%
1999 -1.55% -1.87%
1998 -2.39% -2.65%
1997 -3.71% -3.03%
1996 -3.89% -3.64%
1995 -5.11% -9.44%
1994 -5.46% -2.54%
1993 -6.4% -3.11%
1992 -4.64% -2.63%
1991 -2.89% -3.21%
1990 -2.45% -1.94%
1989 -1.9% 0.08%
1988 -2.7% -2.02%
1987 -2.13% -1.85%
1986 -3.3% -1.18%
1985 -3.08% -1.18%
1984 -2.8% -2.04%
1983 -2.58% -2.95%
1982 -2.91% -3.56%
1981 -2.39% -4.03%
1980 -0.27% -3.02%
1979 -0.36% -2.71%
1978 -1.73% -2.62%
1977 0.9% -2.56%
1976 1.01% -3.5%
1975 -0.28% -5.78%
1974 3.05% -1.69%
1973 1.97% 1.14%
1972 1.94% -0.37%
1971 -0.13% 0.16%
1970 0.02% 0.53%
1969 -0.49% -0.43%
1968 -2.54% 1.39%
1967 -0.8% 2.73%
1966 -0.57% 1.76%
1965 -0.07% 2.26%
1964 -0.25% 1.49%
1963 -2.24% 1.43%
1962 -1.53% 0.49%
1961 -1.36% -0.12%
1960 -1.95% -0.34%
1959 0.56% 0.77%
1958 0.08% 1.77%
1957 -1.99% 1.99%
1956 -2.62% 0.59%
1955 -1.04% -1.41%
1954 -0.78% -0.37%
1953 -4.79% -0.13%
1952 -6.82% 0%
1951 -4.42% 1.15%
1950 -5.56% 1.81%
1949 -7.31% -
1948 -9.11% -
1947 -7.6% -
1946 -8.1% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -6.89% -
1936 -4.76% -
1935 -4.22% -
1934 -4.31% -0.64%
1933 -4.96% -0.43%
1932 -1.86% -1.11%
1931 -2.06% -1.03%
1930 -1.65% -1.52%
1929 1.48% -0.9%
1928 1.13% -1.47%
1927 -0.04% -0.44%
1926 -0.02% -1.3%
1925 -0.87% 0.34%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.05% 0.007%
1912 0.23% -0.26%
1911 0.31% 0.06%
1910 -0.12% -0.21%
1909 -0.11% 0.11%
1908 -0.15% -0.11%
1907 0.23% -0.14%
1906 -0.04% 0.76%
1905 0.18% 1.21%
1904 0.3% 0.41%
1903 0.21% 0.88%
1902 -0.37% 0.08%
1901 -0.39% 0.91%
1900 0.21% 0.27%
1899 0.21% 0.6%
1898 0.29% 0.47%
1897 0.01% 0.39%
1896 -0.03% 0.63%
1895 -0.07% 0.47%
1894 -0.08% 0.44%
1893 -0.3% 0.42%
1892 -0.03% -0.24%
1891 0.36% 1.18%
1890 0.31% 0.12%
1889 0.09% 1.16%
1888 0.18% 0.62%
1887 -0.07% 0.88%
1886 -0.5% 0.23%
1885 -0.59% 0.21%
1884 -0.35% 0.23%
1883 -0.23% 0.55%
1882 -0.15% 0.41%
1881 0.64% 0.12%
1880 0.65% -0.13%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, France's government deficit, the difference between spending and revenue, was $182B, equivalent to 5.77% of GDP. This compares to Germany's deficit of $125B, or 2.66% of GDP.

Over the past 65 years, France recorded a fiscal deficit in 59 of those years, while Germany ran a deficit in 46 years. On average, France posted an annual deficit equal to 2.71% of GDP, compared to deficit of 1.53% of GDP for Germany.

Inflation comparison by year

Inflation
France

Germany
1x
Year Consumer prices inflation
France Germany
2024 2% 2.26%
2023 4.88% 5.95%
2022 5.22% 6.87%
2021 1.64% 3.07%
2020 0.48% 0.14%
2019 1.11% 1.45%
2018 1.85% 1.73%
2017 1.03% 1.51%
2016 0.18% 0.49%
2015 0.04% 0.51%
2014 0.51% 0.91%
2013 0.86% 1.5%
2012 1.95% 2.01%
2011 2.11% 2.08%
2010 1.53% 1.1%
2009 0.09% 0.31%
2008 2.81% 2.63%
2007 1.49% 2.3%
2006 1.68% 1.58%
2005 1.75% 1.55%
2004 2.14% 1.67%
2003 2.1% 1.03%
2002 1.92% 1.42%
2001 1.63% 1.98%
2000 1.68% 1.44%
1999 0.54% 0.59%
1998 0.65% 0.91%
1997 1.2% 1.94%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, France has recorded an average annual inflation rate of 1.61%, compared with 1.82% in Germany. In 2024, inflation was 2% in France and 2.26% in Germany.

Top exports between countries

France
Export category Export value
Machinery & equipment $36.7B
Chemicals & pharma $15.6B
Business & finance services $14.7B
Transport & tourism services $13.2B
Metals $7.59B
Textiles & consumer goods $5.47B
Raw materials & minerals $5.44B
Processed food, beverages & tobacco $4.79B
IT & IP services $4.31B
Manufacturing & construction services $2.87B
Germany
Export category Export value
Machinery & equipment $61.5B
Chemicals & pharma $20.3B
Textiles & consumer goods $10.1B
Metals $9.87B
Processed food, beverages & tobacco $5.83B
Raw materials & minerals $5.43B
Business & finance services $5.08B
Transport & tourism services $4.95B
Wood & paper products $4.07B
Precious metals & jewellery $2.85B

Balance of trade

France Germany
Current account balance
$2.69B
2024
$270B
2024
Current account balance ranking
42/190
2024
2/190
2024
Current account balance, % of GDP
+0.09%
2024
+5.77%
2024
Goods imports
$733B
2024
$1.21T
2024
Goods exports
$668B
2024
$1.47T
2024
Service imports
$341B
2024
$548B
2024
Service exports
$403B
2024
$470B
2024
Imports of goods and services, % of GDP
34.2%
2024
37.7%
2024
Exports of goods and services, % of GDP
33.9%
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.

France Germany
Economic freedom 64.6 71.7
Economic freedom ranking 72/197 30/197
Property rights 91.2 95.5
Government integrity 73.4 84.5
Judicial effectiveness 84.7 94.6
Tax burden 54.6 60.5
Government spending 0.9 28.8
Fiscal health 34.8 83.1
Business freedom 78.4 79.8
Labor freedom 59.1 52.2
Monetary freedom 73.2 72.5
Trade freedom 79.4 79.4
Investment freedom 75 60
Financial freedom 70 70

Economic freedom comparison by year

France
Germany
1x
Year Economic freedom index
France Germany
2026 64.6 71.7
2025 64.4 71.6
2024 62.5 72.1
2023 63.6 73.7
2022 65.9 76.1
2021 65.7 72.5
2020 66 73.5
2019 63.8 73.5
2018 63.9 74.2
2017 63.3 73.8
2016 62.3 74.4
2015 62.5 73.8
2014 63.5 73.4
2013 64.1 72.8
2012 63.2 71
2011 64.6 71.8
2010 64.2 71.1
2009 63.3 70.5
2008 64.7 70.6
2007 62.1 70.8
2006 61.1 70.8
2005 60.5 68.1
2004 60.9 69.5
2003 59.2 69.7
2002 58 70.4
2001 58 69.5
2000 57.4 65.7
1999 59.1 65.6
1998 58.9 64.3
1997 59.1 67.5
1996 63.7 69.1
1995 64.4 69.8

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

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

The Economic Freedom Index for France is 64.6, ranking 72/197, 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

France Germany
Services, % of GDP
70.9%
2024
64%
2024
Industry, % of GDP
17.2%
2024
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.3%
2024
0.91%
2024
GNI, Atlas method
$3.1T
2024
$4.6T
2024
GNI per capita, PPP
$63,880
2024
$76,180
2024
Total reserves including gold
$283B
2024
$378B
2024
Total reserves ranking
13/177
2024
10/177
2024
Net foreign direct investment
-$10.3B
2024
$32.6B
2024
Net inflows of foreign direct investment
$52.1B
2024
$47.6B
2024
Net outflows of foreign direct investment
$41.7B
2024
$80.2B
2024
Poverty at national poverty lines
15.6%
2021
14.8%
2021
Gross capital formation, % of GDP
21.5%
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/france/germany | CC BY

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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 (1880–1990, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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)

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.

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.