Skip to content

Economy of Germany vs Iran compared: GDP & Debt

Updated on by Georank team

Germany has a GDP of $4.69T compared to $475B for Iran, ranking 3/197 and 34/197 by economy size, respectively.

Germany has $2.97T in government debt (63.5% of GDP), compared to $162B (34% of GDP) in Iran.

Germany vs Iran GDP by year

Germany
Iran
1x
Year GDP, current $
Germany Iran
2024 $4,685,592,577,805 $475,252,089,215
2023 $4,562,207,532,490 $457,510,482,317
2022 $4,201,021,706,479 $422,662,261,526
2021 $4,355,251,953,411 $407,350,685,583
2020 $3,941,398,957,074 $280,934,329,280
2019 $3,959,894,794,039 $347,988,400,958
2018 $4,055,433,215,302 $411,903,303,606
2017 $3,765,351,626,106 $510,239,893,418
2016 $3,536,787,895,179 $478,618,064,871
2015 $3,425,099,578,746 $409,191,686,497
2014 $3,964,870,735,761 $462,284,793,281
2013 $3,807,023,797,051 $500,399,839,840
2012 $3,596,483,233,406 $644,019,315,004
2011 $3,823,575,803,794 $629,082,257,472
2010 $3,467,093,769,667 $487,069,570,464
2009 $3,478,545,516,684 $414,059,094,949
2008 $3,808,197,720,125 $406,070,949,554
2007 $3,484,056,680,855 $349,736,591,832
2006 $3,046,308,753,671 $265,602,187,404
2005 $2,893,393,187,362 $224,970,371,325
2004 $2,852,317,768,062 $187,754,571,248
2003 $2,534,715,518,349 $151,911,222,119
2002 $2,102,350,798,306 $128,626,917,504
2001 $1,966,381,496,642 $126,878,750,296
2000 $1,966,980,701,145 $109,591,707,802
1999 $2,213,873,468,587 $113,848,450,088
1998 $2,247,760,364,566 $110,276,913,363
1997 $2,218,790,886,533 $113,919,163,421
1996 $2,506,576,553,158 $120,403,931,885
1995 $2,593,053,091,306 $96,419,225,744
1994 $2,215,282,632,277 $71,841,461,173
1993 $2,078,954,217,438 $63,743,623,232
1992 $2,141,377,582,968 $119,768,691,217
1991 $1,875,792,575,133 $131,637,664,958
1990 $1,778,162,195,860 $124,813,263,926
1989 $1,404,092,925,205 $120,496,362,916
1988 $1,406,367,016,372 $123,057,861,334
1987 $1,302,932,318,825 $134,009,995,923
1986 $1,050,092,624,516 $209,094,561,833
1985 $735,218,723,093 $180,183,629,600
1984 $727,767,760,979 $162,276,728,620
1983 $773,507,930,295 $156,365,156,618
1982 $779,421,633,755 $125,948,756,439
1981 $803,404,797,058 $100,499,312,750
1980 $953,772,499,462 $94,362,275,580
1979 $884,574,218,333 $90,391,877,326
1978 $743,182,891,918 $77,994,316,621
1977 $602,698,323,086 $80,600,122,702
1976 $521,658,712,133 $68,055,295,081
1975 $492,434,094,920 $51,776,222,350
1974 $446,934,971,657 $46,209,092,072
1973 $399,833,571,167 $27,081,698,250
1972 $300,899,944,795 $17,153,463,263
1971 $250,900,942,397 $13,731,802,833
1970 $216,629,229,947 $10,976,245,154
1969 $177,733,486,326 $9,743,089,607
1968 $156,527,292,653 $8,623,172,960
1967 $145,100,667,773 $7,555,383,690
1966 $143,304,275,684 $6,789,938,672
1965 $134,774,688,191 $6,197,319,929
1964 $123,330,404,665 $5,379,845,648
1963 $112,232,503,744 $4,928,628,018
1962 $105,895,435,234 $4,693,566,416
1961 $96,558,204,043 $4,426,949,095
1960 $84,619,845,881 $4,199,134,390

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

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

GDP per capita in Germany vs Iran by year

Germany
GDP per capita

GDP per capita, PPP
Iran
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Iran
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $56,104 $73,552 $5,190 $19,874
2023 $54,777 $71,684 $5,049 $18,917
2022 $50,507 $69,049 $4,721 $17,546
2021 $52,349 $62,531 $4,605 $15,884
2020 $47,395 $58,686 $3,203 $15,119
2019 $47,656 $59,271 $3,997 $13,928
2018 $48,916 $56,273 $4,783 $15,324
2017 $45,554 $54,110 $6,001 $15,719
2016 $42,949 $51,570 $5,711 $15,195
2015 $41,930 $48,545 $4,953 $14,274
2014 $48,960 $47,939 $5,672 $16,065
2013 $47,207 $45,889 $6,223 $16,215
2012 $44,718 $44,229 $8,114 $17,021
2011 $47,631 $43,398 $8,026 $19,275
2010 $42,397 $39,726 $6,291 $18,628
2009 $42,472 $37,574 $5,416 $17,615
2008 $46,379 $38,444 $5,377 $17,549
2007 $42,351 $36,914 $4,688 $17,384
2006 $36,980 $34,741 $3,619 $15,907
2005 $35,084 $32,314 $3,132 $15,016
2004 $34,567 $31,753 $2,672 $14,425
2003 $30,711 $30,301 $2,209 $13,755
2002 $25,487 $29,514 $1,891 $12,554
2001 $23,878 $28,674 $1,881 $11,533
2000 $23,926 $27,474 $1,650 $11,187
1999 $26,965 $26,518 $1,740 $10,489
1998 $27,396 $25,446 $1,709 $10,285
1997 $27,047 $24,649 $1,790 $10,101
1996 $30,600 $24,169 $1,915 $9,916
1995 $31,747 $23,631 $1,550 $9,255
1994 $27,202 $22,869 $1,168 $8,951
1993 $25,617 $21,900 $1,038 $8,933
1992 $26,560 $21,746 $1,957 $8,888
1991 $23,443 $21,001 $2,194 $8,580
1990 $22,386 $19,468 $2,138 $7,566
1989 $17,829 - $2,125 -
1988 $17,997 - $2,234 -
1987 $16,739 - $2,513 -
1986 $13,511 - $4,064 -
1985 $9,464 - $3,634 -
1984 $9,347 - $3,395 -
1983 $9,900 - $3,397 -
1982 $9,950 - $2,845 -
1981 $10,246 - $2,393 -
1980 $12,183 - $2,368 -
1979 $11,322 - $2,352 -
1978 $9,517 - $2,101 -
1977 $7,711 - $2,243 -
1976 $6,659 - $1,954 -
1975 $6,259 - $1,532 -
1974 $5,660 - $1,409 -
1973 $5,065 - $851 -
1972 $3,824 - $555 -
1971 $3,204 - $457 -
1970 $2,771 - $377 -
1969 $2,281 - $345 -
1968 $2,025 - $314 -
1967 $1,886 - $283.7 -
1966 $1,871 - $262.9 -
1965 $1,774 - $247.5 -
1964 $1,637 - $221.7 -
1963 $1,502 - $209.6 -
1962 $1,431 - $205.8 -
1961 $1,316 - $200.1 -
1960 $1,162 - $195.6 -

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

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

Germany's GDP per capita is $56,104, ranking 19/197, compared to $5,190 in Iran, ranking 119/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Iran ranks 97th at $19,874.

Economic indicators

Germany Iran
Gross domestic product
$4.69T
2024
$475B
2024
GDP rank
3/197
2024
34/197
2024
GDP growth
-0.5%
2023-2024
3.66%
2023-2024
GDP per capita
$56,104
2024
$5,190
2024
GDP per capita rank
19/197
2024
119/197
2024
GDP per capita, PPP
$73,552
2024
$19,874
2024
GDP per capita PPP rank
20/197
2024
97/197
2024
Government debt
$2.97T
2024
$162B
2024
Debt-to-GDP ratio
63.5%
2024
34%
2024
Government debt per person
$35,606
2024
$1,764
2024
Government debt per person rank
21/185
2024
122/185
2024
Average annual personal income after taxes
$41,775
2026
$2,964
2026
Market capitalization of domestic companies
$2.04T
2024
$172B
2024
Number of millionaires
2,675,000
2025
n/a
Number of billionaires
171
2025
n/a
Income share by richest 10%
25%
2020
28.2%
2023
Income share by poorest 10%
2.9%
2020
2.8%
2023
Government expenditure, % of GDP
49.4%
2024
14.2%
2024
Consumer prices inflation
2.26%
2023-2024
32.5%
2023-2024
Central bank interest rate n/a
23%
2023
Unemployment rate
3.37%
2024
7.63%
2024
Population
82575542
93468444

Spending and national debt comparison by year

Germany
Spending

Debt
Iran
Spending

Debt
1x
Year % of GDP
Germany Iran
Government spending Government debt Government spending Government debt
2024 49.4% 63.5% 14.2% 34%
2023 48.1% 62.4% 12.8% 29.6%
2022 48.6% 64.4% 12.8% 34.5%
2021 50.7% 68% 13.4% 39.9%
2020 51.1% 68% 12.1% 47.1%
2019 45.5% 58.7% 13.6% 44.6%
2018 44.7% 60.8% 14.8% 41.6%
2017 44.5% 64% 16.4% 43.2%
2016 44.7% 68.3% 16.3% 45.9%
2015 44.5% 71.2% 14.1% 32.1%
2014 44.5% 74.5% 12.3% 10.9%
2013 45.2% 77.5% 11.5% 10.2%
2012 45.1% 79.8% 11.4% 11.7%
2011 45.3% 78.5% 14.6% 10.6%
2010 48.1% 81% 14.1% 12.8%
2009 48.3% 72.4% 15.7% 11.5%
2008 44.4% 65.2% 16.8% 10.6%
2007 43.5% 63.7% 14.2% 13.5%
2006 45.3% 66.4% 18.7% 15.2%
2005 46.9% 67.1% 17.9% 18.3%
2004 47% 65% 15.1% 21.1%
2003 48.5% 63.3% 15.7% 21.9%
2002 48.2% 59.8% 15.6% 23.4%
2001 47.7% 58.1% 13.6% 21%
2000 48.1% 59.2% 13.3% 18.2%
1999 48.5% 60.3% 15.7% 22.2%
1998 48.3% 59.4% 16.9% 29.6%
1997 48.8% 58.8% 17.4% 30.9%
1996 49.6% 57.7% 17.3% 29.3%
1995 55.2% 54.9% 21% 31.2%
1994 48.3% 47.5% 23% 41.7%
1993 48.3% 45.1% 27.2% 25.6%
1992 47.4% 41.4% 14.4% 25.2%
1991 46.5% 39% 14% 29.3%
1990 44.7% 40.7% 16.4% 37%
1989 44.3% 39.2% 20% 48.8%
1988 45.6% 40.5% 23.6% 53.2%
1987 46% 40.1% 18.6% 48.6%
1986 45.7% 39.1% 19% 47.4%
1985 46.6% 39.2% 21.6% 8.73%
1984 47.2% 38.7% 23.7% 10%
1983 47.9% 38% 27.5% 35.7%
1982 49.1% 36.4% 29.7% 47.7%
1981 49% 33.6% 33.7% 47.6%
1980 48.2% 30.1% 35.8% 35.5%
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - 9.23%
1976 49.4% 25.1% - 6.92%
1975 50.3% 23.7% - 8.81%
1974 46% 18.5% - 6.68%
1973 42.4% 17.3% - 12.8%
1972 41.8% 18% - 12.7%
1971 40.9% 17.7% - 14.2%
1970 39.5% 17.7% - 14.1%
1969 29.7% 20.3% - -
1968 28.5% 22.5% 23.6% -
1967 28.8% 22.5% 22.3% -
1966 28.3% 19.8% 20.5% -
1965 28.4% 18.7% 16.3% 14.9%
1964 29% 18.2% 15.4% 15.2%
1963 29.1% 18.1% 14.8% 12.4%
1962 29.2% 17.6% 15.6% 13.4%
1961 28.8% 18.7% - -
1960 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 (1960–1995, retrieved 2026-02-20).

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

In 2024, Germany's government spending was $2.32T, accounting for 49.4% of its GDP, while Iran spent $67.5B, or 14.2% of GDP.

Debt-to-GDP ratio is 63.5% in Germany and 34% in Iran, ranking 72/185 and 147/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Iran
1x
Year Deficit/surplus, % of GDP
Germany Iran
2024 -2.66% -3.83%
2023 -2.49% -2.54%
2022 -1.91% -2.64%
2021 -3.17% -3.01%
2020 -4.38% -4.87%
2019 1.33% -4.3%
2018 1.88% -1.59%
2017 1.34% -1.55%
2016 1.13% -1.7%
2015 0.91% -1.3%
2014 0.73% -0.91%
2013 0.12% -0.72%
2012 -0.05% -0.5%
2011 -0.84% -0.66%
2010 -4.42% -0.84%
2009 -3.18% -3.3%
2008 -0.26% -4.39%
2007 0.15% -2.41%
2006 -1.76% -4.91%
2005 -3.37% -2.44%
2004 -3.42% -2.45%
2003 -3.83% -2.76%
2002 -4.09% -2.88%
2001 -3.12% 0.02%
2000 -1.71% 5.42%
1999 -1.87% -0.51%
1998 -2.65% -5.03%
1997 -3.03% -1.81%
1996 -3.64% -0.75%
1995 -9.44% -2.63%
1994 -2.54% -3.36%
1993 -3.11% -5.15%
1992 -2.63% -0.86%
1991 -3.21% -1.64%
1990 -1.94% -1.73%
1989 0.08% -4.45%
1988 -2.02% -10.3%
1987 -1.85% -6.84%
1986 -1.18% -7.84%
1985 -1.18% -3.74%
1984 -2.04% -4.02%
1983 -2.95% -6.15%
1982 -3.56% -5.55%
1981 -4.03% -10.7%
1980 -3.02% -14.2%
1979 -2.71% -
1978 -2.62% -
1977 -2.56% -
1976 -3.5% -
1975 -5.78% -
1974 -1.69% -
1973 1.14% -
1972 -0.37% -
1971 0.16% -
1970 0.53% -
1969 -0.43% -
1968 1.39% -4.57%
1967 2.73% -4%
1966 1.76% -2.63%
1965 2.26% -1.23%
1964 1.49% -0.04%
1963 1.43% 0.26%
1962 0.49% -1.39%
1961 -0.12% -
1960 -0.34% -
1959 0.77% -
1958 1.77% -
1957 1.99% -
1956 0.59% -
1955 -1.41% -
1954 -0.37% -
1953 -0.13% -
1952 0% -
1951 1.15% -
1950 1.81% -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 -0.64% -
1933 -0.43% -
1932 -1.11% -
1931 -1.03% -
1930 -1.52% -
1929 -0.9% -
1928 -1.47% -
1927 -0.44% -
1926 -1.3% -
1925 0.34% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.007% -
1912 -0.26% -
1911 0.06% -
1910 -0.21% -
1909 0.11% -
1908 -0.11% -
1907 -0.14% -
1906 0.76% -
1905 1.21% -
1904 0.41% -
1903 0.88% -
1902 0.08% -
1901 0.91% -
1900 0.27% -
1899 0.6% -
1898 0.47% -
1897 0.39% -
1896 0.63% -
1895 0.47% -
1894 0.44% -
1893 0.42% -
1892 -0.24% -
1891 1.18% -
1890 0.12% -
1889 1.16% -
1888 0.62% -
1887 0.88% -
1886 0.23% -
1885 0.21% -
1884 0.23% -
1883 0.55% -
1882 0.41% -
1881 0.12% -
1880 -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/germany/iran | CC BY

In 2024, Germany's government deficit, the difference between spending and revenue, was $125B, equivalent to 2.66% of GDP. This compares to Iran's deficit of $18.2B, or 3.83% of GDP.

Over the past 63 years, Germany recorded a fiscal deficit in 44 of those years, while Iran ran a deficit in 49 years. On average, Germany posted an annual deficit equal to 1.57% of GDP, compared to deficit of 3.11% of GDP for Iran.

Inflation comparison by year

Inflation
Germany

Iran
1x
Year Consumer prices inflation
Germany Iran
2024 2.26% 32.5%
2023 5.95% 44.6%
2022 6.87% 43.5%
2021 3.07% 43.4%
2020 0.14% 30.6%
2019 1.45% 39.9%
2018 1.73% 18%
2017 1.51% 8.04%
2016 0.49% 7.25%
2015 0.51% 12.5%
2014 0.91% 16.6%
2013 1.5% 36.6%
2012 2.01% 27.3%
2011 2.08% 26.3%
2010 1.1% 10.1%
2009 0.31% 13.6%
2008 2.63% 25.4%
2007 2.3% 17.3%
2006 1.58% 10%
2005 1.55% 13.4%
2004 1.67% 14.8%
2003 1.03% 16.5%
2002 1.42% 14.3%
2001 1.98% 11.3%
2000 1.44% 14.5%
1999 0.59% 20.1%
1998 0.91% 17.9%
1997 1.94% 17.3%

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

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

Over the past 28 years, Germany has recorded an average annual inflation rate of 1.82%, compared with 21.6% in Iran. In 2024, inflation was 2.26% in Germany and 32.5% in Iran.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $690M
Chemicals & pharma $443M
Processed food, beverages & tobacco $69.5M
Raw materials & minerals $52.2M
Miscellaneous $42.7M
Raw agricultural goods $28.6M
Textiles & consumer goods $25.1M
Metals $15.1M
Wood & paper products $10.8M
Animal & marine products $2.79M
Iran
Export category Export value
Raw agricultural goods $55M
Chemicals & pharma $44.1M
Animal & marine products $40.2M
Textiles & consumer goods $16.9M
Processed food, beverages & tobacco $8.36M
Metals $2.85M
Machinery & equipment $2.18M
Raw materials & minerals $547K
Precious metals & jewellery $308K
Wood & paper products $99K

Balance of trade

Germany Iran
Current account balance
$270B
2024
$12.5B
2000
Current account balance ranking
2/190
2024
22/190
2000
Current account balance, % of GDP
+5.77%
2024
+11.4%
2000
Goods imports
$1.21T
2024
$15.2B
2000
Goods exports
$1.47T
2024
$28.3B
2000
Service imports
$548B
2024
$2.3B
2000
Service exports
$470B
2024
$1.38B
2000
Imports of goods and services, % of GDP
37.7%
2024
28.5%
2024
Exports of goods and services, % of GDP
41.4%
2024
23.6%
2024

Economic freedom indices

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

Germany Iran
Economic freedom 71.7 41.8
Economic freedom ranking 30/197 185/197
Property rights 95.5 20.2
Government integrity 84.5 16.2
Judicial effectiveness 94.6 18.7
Tax burden 60.5 81.3
Government spending 28.8 94.7
Fiscal health 83.1 83.3
Business freedom 79.8 37.4
Labor freedom 52.2 41.8
Monetary freedom 72.5 42.2
Trade freedom 79.4 55.8
Investment freedom 60 5
Financial freedom 70 5

Economic freedom comparison by year

Germany
Iran
1x
Year Economic freedom index
Germany Iran
2026 71.7 41.8
2025 71.6 42.5
2024 72.1 41.2
2023 73.7 42.2
2022 76.1 42.4
2021 72.5 47.2
2020 73.5 49.2
2019 73.5 51.1
2018 74.2 50.9
2017 73.8 50.5
2016 74.4 43.5
2015 73.8 41.8
2014 73.4 40.3
2013 72.8 43.2
2012 71 42.3
2011 71.8 42.1
2010 71.1 43.4
2009 70.5 44.6
2008 70.6 45
2007 70.8 45
2006 70.8 45
2005 68.1 50.5
2004 69.5 42.8
2003 69.7 43.2
2002 70.4 36.4
2001 69.5 35.9
2000 65.7 36.1
1999 65.6 36.8
1998 64.3 36
1997 67.5 34.5
1996 69.1 36.1
1995 69.8 -

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

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

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 41.8 for Iran, ranking 185/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Iran
Services, % of GDP
64%
2024
49.8%
2024
Industry, % of GDP
25.6%
2024
36.1%
2024
Agriculture, forestry, and fishing, % of GDP
0.91%
2024
10.8%
2024
GNI, Atlas method
$4.6T
2024
$469B
2024
GNI per capita, PPP
$76,180
2024
$19,820
2024
Total reserves including gold
$378B
2024
$7.69B
1982
Total reserves ranking
10/177
2024
85/177
1982
Net foreign direct investment
$32.6B
2024
-$39M
2000
Net inflows of foreign direct investment
$47.6B
2024
$1.45B
2024
Net outflows of foreign direct investment
$80.2B
2024
$89.4M
2024
Servicing debt to the IMF, % of GNI n/a
0.08%
2024
Poverty at national poverty lines
14.8%
2021
18.7%
2020
Gross capital formation, % of GDP
21.5%
2024
44.3%
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/germany/iran | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1995, 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)
  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.