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Economy of Germany vs Liechtenstein compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $8.91B for Liechtenstein, ranking 3/197 and 156/197 by economy size, respectively.

Germany vs Liechtenstein GDP by year

Germany
Liechtenstein
1x
Year GDP, current $
Germany Liechtenstein
2025 $5,050,922,925,047 -
2024 $4,685,592,577,805 $8,905,764,270
2023 $4,562,207,532,490 $8,239,379,403
2022 $4,201,021,706,479 $7,426,856,243
2021 $4,355,251,953,411 $7,912,602,342
2020 $3,941,398,957,074 $6,405,870,210
2019 $3,959,894,794,039 $6,436,467,007
2018 $4,055,433,215,302 $6,692,620,692
2017 $3,765,351,626,106 $6,474,308,718
2016 $3,536,787,895,179 $6,237,302,034
2015 $3,425,099,578,746 $6,268,515,276
2014 $3,964,870,735,761 $6,657,526,980
2013 $3,807,023,797,051 $6,391,708,311
2012 $3,596,483,233,406 $5,456,102,482
2011 $3,823,575,803,794 $5,739,706,005
2010 $3,467,093,769,667 $5,082,337,238
2009 $3,478,545,516,684 $4,504,375,348
2008 $3,808,197,720,125 $5,081,479,840
2007 $3,484,056,680,855 $4,601,429,897
2006 $3,046,308,753,671 $4,000,102,086
2005 $2,893,393,187,362 $3,659,319,117
2004 $2,852,317,768,062 $3,454,373,798
2003 $2,534,715,518,349 $3,070,803,051
2002 $2,102,350,798,306 $2,688,618,747
2001 $1,966,381,496,642 $2,491,800,559
2000 $1,966,980,701,145 $2,483,889,858
1999 $2,213,873,468,587 $2,664,105,901
1998 $2,247,760,364,566 $2,479,699,106
1997 $2,218,790,886,533 $2,298,389,803
1996 $2,506,576,553,158 $2,504,012,993
1995 $2,593,053,091,306 $2,428,525,061
1994 $2,215,282,632,277 $1,948,129,623
1993 $2,078,954,217,438 $1,673,085,245
1992 $2,141,377,582,968 $1,631,177,029
1991 $1,875,792,575,133 $1,484,160,302
1990 $1,778,162,195,860 $1,421,509,216
1989 $1,404,092,925,205 $1,119,983,801
1988 $1,406,367,016,372 $1,161,757,671
1987 $1,302,932,318,825 $1,052,848,996
1986 $1,050,092,624,516 $779,357,803
1985 $735,218,723,093 $529,073,612
1984 $727,767,760,979 $502,620,992
1983 $773,507,930,295 $524,023,625
1982 $779,421,633,755 $522,096,760
1981 $803,404,797,058 $511,647,750
1980 $953,772,499,462 $534,699,363
1979 $884,574,218,333 $503,173,104
1978 $743,182,891,918 $436,912,068
1977 $602,698,323,086 $303,493,119
1976 $521,658,712,133 $272,489,300
1975 $492,434,094,920 $246,389,102
1974 $446,934,971,657 $193,980,465
1973 $399,833,571,167 $165,928,882
1972 $300,899,944,795 $124,940,289
1971 $250,900,942,397 $104,889,795
1970 $216,629,229,947 $90,099,361
1969 $177,733,486,326 -
1968 $156,527,292,653 -
1967 $145,100,667,773 -
1966 $143,304,275,684 -
1965 $134,774,688,191 -
1964 $123,330,404,665 -
1963 $112,232,503,744 -
1962 $105,895,435,234 -
1961 $96,558,204,043 -
1960 $84,619,845,881 -

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

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

GDP per capita in Germany vs Liechtenstein by year

Germany
GDP per capita

GDP per capita, PPP
Liechtenstein
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Liechtenstein
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - - -
2024 $56,104 $73,552 $220,167 -
2023 $54,777 $71,684 $206,781 -
2022 $50,507 $69,049 $188,055 -
2021 $52,349 $62,531 $201,945 -
2020 $47,395 $58,686 $164,671 -
2019 $47,656 $59,271 $166,908 -
2018 $48,916 $56,273 $174,989 -
2017 $45,554 $54,110 $170,547 -
2016 $42,949 $51,570 $165,375 -
2015 $41,930 $48,545 $167,187 -
2014 $48,960 $47,939 $178,735 -
2013 $47,207 $45,889 $172,824 -
2012 $44,718 $44,229 $148,842 -
2011 $47,631 $43,398 $158,066 -
2010 $42,397 $39,726 $141,090 -
2009 $42,472 $37,574 $126,025 $139,100
2008 $46,379 $38,444 $143,249 $141,100
2007 $42,351 $36,914 $130,493 $122,100
2006 $36,980 $34,741 $114,168 -
2005 $35,084 $32,314 $105,295 -
2004 $34,567 $31,753 $100,281 -
2003 $30,711 $30,301 $90,108 -
2002 $25,487 $29,514 $79,795 -
2001 $23,878 $28,674 $75,068 -
2000 $23,926 $27,474 $76,088 -
1999 $26,965 $26,518 $82,682 $25,000
1998 $27,396 $25,446 $78,303 $23,000
1997 $27,047 $24,649 $73,591 -
1996 $30,600 $24,169 $80,689 -
1995 $31,747 $23,631 $78,910 -
1994 $27,202 $22,869 $63,936 -
1993 $25,617 $21,900 $55,605 -
1992 $26,560 $21,746 $55,057 -
1991 $23,443 $21,001 $50,812 -
1990 $22,386 $19,468 $49,458 -
1989 $17,829 - $39,552 -
1988 $17,997 - $41,569 -
1987 $16,739 - $38,206 -
1986 $13,511 - $28,613 -
1985 $9,464 - $19,684 -
1984 $9,347 - $18,898 -
1983 $9,900 - $19,815 -
1982 $9,950 - $19,886 -
1981 $10,246 - $19,929 -
1980 $12,183 - $20,959 -
1979 $11,322 - $19,674 -
1978 $9,517 - $17,457 -
1977 $7,711 - $12,417 -
1976 $6,659 - $11,326 -
1975 $6,259 - $10,333 -
1974 $5,660 - $8,272 -
1973 $5,065 - $7,282 -
1972 $3,824 - $5,645 -
1971 $3,204 - $4,856 -
1970 $2,771 - $4,262 -
1969 $2,281 - - -
1968 $2,025 - - -
1967 $1,886 - - -
1966 $1,871 - - -
1965 $1,774 - - -
1964 $1,637 - - -
1963 $1,502 - - -
1962 $1,431 - - -
1961 $1,316 - - -
1960 $1,162 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1998–2009, retrieved 2026-07-08).

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

Germany's GDP per capita is $60,496, ranking 18/197, compared to $220,167 in Liechtenstein, ranking 2/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Liechtenstein ranks 3rd at $139,100.

Economic indicators

Germany Liechtenstein
Gross domestic product
$5.05T
2025
$8.91B
2024
GDP rank
3/197
2025
156/197
2024
GDP growth
0.24%
2024-2025
n/a
GDP per capita
$60,496
2025
$220,167
2024
GDP per capita rank
18/197
2025
2/197
2024
GDP per capita, PPP
$73,552
2024
$139,100
2009
GDP per capita PPP rank
20/197
2024
3/197
2009
Government debt
$3.18T
2025
n/a
Debt-to-GDP ratio
62.9%
2025
n/a
Government debt per person
$38,071
2025
n/a
Government debt per person rank
21/185
2025
n/a
Average annual personal income after taxes
$40,352
2026
$109,813
2026
Market capitalization of domestic companies
$2.9T
2025
n/a
Number of millionaires
2,648,000
2026
n/a
Number of billionaires
212
2026
1
2026
Income share by richest 10%
26.2%
2022
n/a
Income share by poorest 10%
2.3%
2022
n/a
Government expenditure, % of GDP
50.5%
2025
22.6%
2026
Consumer prices inflation
2.17%
2024-2025
-0.4%
2019-2020
Unemployment rate
3.8%
2025
2.31%
2017
Population
82830814
41400

Inflation comparison by year

Inflation
Germany

Liechtenstein
1x
Year Consumer prices inflation
Germany Liechtenstein
2025 2.17% -
2024 2.26% -
2023 5.95% -
2022 6.87% -
2021 3.07% -
2020 0.14% -0.4%
2019 1.45% -0.4%
2018 1.73% -0.4%
2017 1.51% -
2016 0.49% -0.4%
2015 0.51% -
2014 0.91% -
2013 1.5% -0.2%
2012 2.01% -0.7%
2011 2.08% 0.2%
2010 1.1% 0.7%
2009 0.31% 0.5%
2008 2.63% -
2007 2.3% -
2006 1.58% -
2005 1.55% -
2004 1.67% -
2003 1.03% -
2002 1.42% -
2001 1.98% 1%
2000 1.44% -
1999 0.59% -
1998 0.91% -
1997 1.94% 0.5%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1997–2020, retrieved 2026-07-08).

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

Over the past 24 years, Germany has recorded an average annual inflation rate of 1.37%, compared with 0.04% in Liechtenstein. In 2020, inflation was 2.17% in Germany and -0.4% in Liechtenstein.

Balance of trade

Germany Liechtenstein
Current account balance
$228B
2025
n/a
Current account balance ranking
2/190
2025
n/a
Current account balance, % of GDP
+4.51%
2025
n/a
Goods imports
$1.32T
2025
n/a
Goods exports
$1.53T
2025
n/a
Service imports
$602B
2025
n/a
Service exports
$518B
2025
n/a
Imports of goods and services, % of GDP
38.1%
2025
n/a
Exports of goods and services, % of GDP
40.4%
2025
n/a

Economic freedom indices

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

Germany Liechtenstein
Economic freedom 71.7 74
Economic freedom ranking 30/197 23/197
Property rights 95.5 93.1
Government integrity 84.5 83.7
Judicial effectiveness 94.6 87.3
Tax burden 60.5 93.4
Government spending 28.8 n/a
Fiscal health 83.1 n/a
Business freedom 79.8 83.6
Labor freedom 52.2 51.9
Monetary freedom 72.5 n/a
Trade freedom 79.4 86.6
Investment freedom 60 80
Financial freedom 70 80

Other economic metrics

Germany Liechtenstein
Services, % of GDP
64.5%
2025
57.4%
2023
Industry, % of GDP
25.2%
2025
39.1%
2023
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
0.16%
2023
GNI, Atlas method
$5.03T
2025
$4.16B
2009
GNI per capita, PPP
$78,140
2025
n/a
Total reserves including gold
$572B
2025
n/a
Total reserves ranking
7/177
2025
n/a
Net foreign direct investment
$12.9B
2025
n/a
Net inflows of foreign direct investment
$62.6B
2024
-$87.2B
2018
Net outflows of foreign direct investment
$87B
2024
n/a
Poverty at national poverty lines
14.8%
2021
n/a
Gross capital formation, % of GDP
21.9%
2025
n/a

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/germany/liechtenstein | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2026, retrieved 2026-07-08)
  2. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2025–2026, retrieved 2026-07-08)
  4. Central Intelligence Agency (CIA) (1997–2020, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.

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.