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Economy of Germany vs New Zealand compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $264B for New Zealand, ranking 3/197 and 53/197 by economy size, respectively.

Germany has $3.18T in government debt (62.9% of GDP), compared to $145B (54.7% of GDP) in New Zealand.

Germany vs New Zealand GDP by year

Germany
New Zealand
1x
Year GDP, current $
Germany New Zealand
2025 $5,050,922,925,047 $264,057,413,740
2024 $4,685,592,577,805 $261,497,198,364
2023 $4,562,207,532,490 $256,372,177,758
2022 $4,201,021,706,479 $249,723,029,451
2021 $4,355,251,953,411 $253,732,493,988
2020 $3,941,398,957,074 $213,318,129,989
2019 $3,959,894,794,039 $213,088,034,258
2018 $4,055,433,215,302 $211,726,161,989
2017 $3,765,351,626,106 $206,561,943,051
2016 $3,536,787,895,179 $188,980,351,891
2015 $3,425,099,578,746 $178,147,457,243
2014 $3,964,870,735,761 $201,435,445,068
2013 $3,807,023,797,051 $190,943,478,290
2012 $3,596,483,233,406 $176,508,049,114
2011 $3,823,575,803,794 $168,458,838,711
2010 $3,467,093,769,667 $146,887,902,524
2009 $3,478,545,516,684 $121,663,439,315
2008 $3,808,197,720,125 $133,437,126,590
2007 $3,484,056,680,855 $137,188,946,866
2006 $3,046,308,753,671 $111,538,810,713
2005 $2,893,393,187,362 $114,720,129,550
2004 $2,852,317,768,062 $103,905,210,084
2003 $2,534,715,518,349 $88,250,885,550
2002 $2,102,350,798,306 $66,627,729,311
2001 $1,966,381,496,642 $53,872,425,917
2000 $1,966,980,701,145 $52,623,281,957
1999 $2,213,873,468,587 $58,762,260,626
1998 $2,247,760,364,566 $56,227,169,851
1997 $2,218,790,886,533 $66,075,143,415
1996 $2,506,576,553,158 $70,140,835,299
1995 $2,593,053,091,306 $63,918,703,507
1994 $2,215,282,632,277 $55,314,732,279
1993 $2,078,954,217,438 $46,775,620,817
1992 $2,141,377,582,968 $41,649,829,860
1991 $1,875,792,575,133 $42,745,329,732
1990 $1,778,162,195,860 $45,495,129,385
1989 $1,404,092,925,205 $43,920,222,525
1988 $1,406,367,016,372 $45,176,811,594
1987 $1,302,932,318,825 $40,376,354,070
1986 $1,050,092,624,516 $30,604,668,357
1985 $735,218,723,093 $24,679,795,396
1984 $727,767,760,979 $21,665,975,319
1983 $773,507,930,295 $24,309,279,706
1982 $779,421,633,755 $24,164,603,059
1981 $803,404,797,058 $24,417,617,184
1980 $953,772,499,462 $23,244,547,385
1979 $884,574,218,333 $20,731,243,113
1978 $743,182,891,918 $18,530,518,395
1977 $602,698,323,086 $15,446,825,318
1976 $521,658,712,133 $13,604,832,424
1975 $492,434,094,920 $12,861,983,284
1974 $446,934,971,657 $13,940,981,798
1973 $399,833,571,167 $12,802,281,898
1972 $300,899,944,795 $9,567,331,065
1971 $250,900,942,397 $7,911,136,757
1970 $216,629,229,947 $6,495,605,331
1969 $177,733,486,326 $5,814,357,709
1968 $156,527,292,653 $5,228,045,415
1967 $145,100,667,773 $6,016,017,227
1966 $143,304,275,684 $5,917,437,693
1965 $134,774,688,191 $5,706,251,400
1964 $123,330,404,665 $7,340,766,415
1963 $112,232,503,744 $6,699,741,645
1962 $105,895,435,234 $6,133,158,532
1961 $96,558,204,043 $5,721,994,864
1960 $84,619,845,881 $5,536,098,360

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

GeoRank.org/economy/germany/new-zealand | CC BY

GDP per capita in Germany vs New Zealand by year

Germany
GDP per capita

GDP per capita, PPP
New Zealand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany New Zealand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - $49,591 -
2024 $56,104 $73,552 $49,432 $55,551
2023 $54,777 $71,684 $49,302 $54,697
2022 $50,507 $69,049 $49,142 $54,034
2021 $52,349 $62,531 $49,902 $48,249
2020 $47,395 $58,686 $42,055 $45,513
2019 $47,656 $59,271 $42,872 $45,278
2018 $48,916 $56,273 $43,204 $42,527
2017 $45,554 $54,110 $42,912 $42,244
2016 $42,949 $51,570 $40,088 $39,989
2015 $41,930 $48,545 $38,649 $37,513
2014 $48,960 $47,939 $44,600 $37,331
2013 $47,207 $45,889 $42,985 $36,263
2012 $44,718 $44,229 $40,042 $33,055
2011 $47,631 $43,398 $38,426 $32,739
2010 $42,397 $39,726 $33,762 $31,305
2009 $42,472 $37,574 $28,277 $30,746
2008 $46,379 $38,444 $31,325 $29,896
2007 $42,351 $36,914 $32,480 $29,331
2006 $36,980 $34,741 $26,655 $27,732
2005 $35,084 $32,314 $27,751 $25,677
2004 $34,567 $31,753 $25,420 $25,124
2003 $30,711 $30,301 $21,914 $23,996
2002 $25,487 $29,514 $16,874 $23,306
2001 $23,878 $28,674 $13,883 $22,511
2000 $23,926 $27,474 $13,641 $21,500
1999 $26,965 $26,518 $15,322 $20,579
1998 $27,396 $25,446 $14,738 $19,323
1997 $27,047 $24,649 $17,474 $19,100
1996 $30,600 $24,169 $18,794 $18,392
1995 $31,747 $23,631 $17,400 $17,864
1994 $27,202 $22,869 $15,280 $17,108
1993 $25,617 $21,900 $13,094 $15,900
1992 $26,560 $21,746 $11,793 $14,877
1991 $23,443 $21,001 $12,230 $14,501
1990 $22,386 $19,468 $13,663 $14,812
1989 $17,829 - $13,312 -
1988 $17,997 - $13,759 -
1987 $16,739 - $12,331 -
1986 $13,511 - $9,428 -
1985 $9,464 - $7,601 -
1984 $9,347 - $6,714 -
1983 $9,900 - $7,598 -
1982 $9,950 - $7,656 -
1981 $10,246 - $7,814 -
1980 $12,183 - $7,467 -
1979 $11,322 - $6,668 -
1978 $9,517 - $5,937 -
1977 $7,711 - $4,951 -
1976 $6,659 - $4,374 -
1975 $6,259 - $4,172 -
1974 $5,660 - $4,611 -
1973 $5,065 - $4,323 -
1972 $3,824 - $3,295 -
1971 $3,204 - $2,773 -
1970 $2,771 - $2,311 -
1969 $2,281 - $2,097 -
1968 $2,025 - $1,902 -
1967 $1,886 - $2,208 -
1966 $1,871 - $2,211 -
1965 $1,774 - $2,171 -
1964 $1,637 - $2,839 -
1963 $1,502 - $2,646 -
1962 $1,431 - $2,471 -
1961 $1,316 - $2,365 -
1960 $1,162 - $2,334 -

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

GeoRank.org/economy/germany/new-zealand | CC BY

Germany's GDP per capita is $60,496, ranking 18/197, compared to $49,591 in New Zealand, ranking 26/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while New Zealand ranks 38th at $55,551.

Economic indicators

Germany New Zealand
Gross domestic product
$5.05T
2025
$264B
2025
GDP rank
3/197
2025
53/197
2025
GDP growth
0.24%
2024-2025
0.46%
2024-2025
GDP per capita
$60,496
2025
$49,591
2025
GDP per capita rank
18/197
2025
26/197
2025
GDP per capita, PPP
$73,552
2024
$55,551
2024
GDP per capita PPP rank
20/197
2024
38/197
2024
Government debt
$3.18T
2025
$145B
2025
Debt-to-GDP ratio
62.9%
2025
54.7%
2025
Government debt per person
$38,071
2025
$27,139
2025
Government debt per person rank
21/185
2025
27/185
2025
Average annual personal income after taxes
$40,352
2026
$36,222
2026
Market capitalization of domestic companies
$2.9T
2025
$103B
2025
Number of millionaires
2,648,000
2026
n/a
Number of billionaires
212
2026
5
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
41.6%
2025
Consumer prices inflation
2.17%
2024-2025
2.84%
2024-2025
Central bank interest rate n/a
2.25%
2025
Unemployment rate
3.8%
2025
5.26%
2025
Population
82830814
5380024

Spending and national debt comparison by year

Germany
Spending

Debt
New Zealand
Spending

Debt
1x
Year % of GDP
Germany New Zealand
Government spending Government debt Government spending Government debt
2025 50.5% 62.9% 41.6% 54.7%
2024 49.4% 62.2% 41.7% 51.4%
2023 48.1% 62.3% 41% 47.3%
2022 48.6% 64.4% 41.7% 46.9%
2021 50.7% 67.9% 41.8% 47.5%
2020 51.1% 68% 41.9% 43.2%
2019 45.5% 58.7% 38.7% 31.8%
2018 44.7% 60.8% 36.1% 28.1%
2017 44.5% 64% 35.6% 31.1%
2016 44.7% 68.3% 36.4% 33.4%
2015 44.5% 71.2% 37.2% 34.2%
2014 44.5% 74.5% 37.6% 34.2%
2013 45.2% 77.5% 38.6% 34.6%
2012 45.1% 79.8% 39.7% 35.7%
2011 45.3% 78.5% 42.3% 34.7%
2010 48.1% 81% 42.9% 29.6%
2009 48.3% 72.4% 40.3% 24.3%
2008 44.4% 65.2% 38.4% 19%
2007 43.5% 63.7% 37% 16.3%
2006 45.3% 66.4% 37.8% 18.4%
2005 46.9% 67.1% 37.1% 20.8%
2004 47% 65% 36.1% 22.5%
2003 48.5% 63.3% 36.6% 24.7%
2002 48.2% 59.8% 36.7% 26.4%
2001 47.7% 58.1% 37.2% 28.2%
2000 48.1% 59.2% 38.2% 30%
1999 48.5% 60.3% 39.2% 32%
1998 48.3% 59.4% 40.1% 34.5%
1997 48.8% 58.8% 39.3% 34.6%
1996 49.6% 57.7% 39.8% 37.3%
1995 55.2% 54.9% 41.6% 43.5%
1994 48.3% 47.5% 42.7% 48.9%
1993 48.3% 45.1% 46.7% 54.6%
1992 47.4% 41.4% 52.4% 58.7%
1991 46.5% 39% 52.9% 58%
1990 44.7% 40.7% 49.5% 55.5%
1989 44.3% 39.2% 47.8% 54.9%
1988 45.6% 40.5% 46.1% 54.7%
1987 46% 40.1% 46.1% 62.9%
1986 45.7% 39.1% 46.9% 68.5%
1985 46.6% 39.2% 46.2% 64.1%
1984 47.2% 38.7% 40.7% 62.8%
1983 47.9% 38% 41.4% 59.6%
1982 49.1% 36.4% 39.9% 51.5%
1981 49% 33.6% 39.1% 50.5%
1980 48.2% 30.1% 38% 52.2%
1979 47.4% 28.2% 38.4% 52%
1978 47.7% 27.4% 36.6% 50%
1977 49% 26% 30% 44.6%
1976 49.4% 25.1% 31.6% 47.6%
1975 50.3% 23.7% 30.1% 41.4%
1974 46% 18.5% 27.3% 39.6%
1973 42.4% 17.3% 27.1% 44%
1972 41.8% 18% 26.4% 46%
1971 40.9% 17.7% 26.8% 71.3%
1970 39.5% 17.7% 24.8% 76.5%
1969 29.7% 20.3% 25.9% 85.8%
1968 28.5% 22.5% 26.2% 86.5%
1967 28.8% 22.5% 26% 59.7%
1966 28.3% 19.8% 25% 58.2%
1965 28.4% 18.7% 24.9% 59.6%
1964 29% 18.2% 19.4% 61.8%
1963 29.1% 18.1% 19.4% 64.5%
1962 29.2% 17.6% 21.6% 65%
1961 28.8% 18.7% 21.1% 64.6%
1960 22.9% 18.4% 25.3% 68.1%

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

GeoRank.org/economy/germany/new-zealand | CC BY

In 2025, Germany's government spending was $2.55T, accounting for 50.5% of its GDP, while New Zealand spent $110B, or 41.6% of GDP.

Debt-to-GDP ratio is 62.9% in Germany and 54.7% in New Zealand, ranking 70/185 and 91/185, respectively.

Government deficit by year

Deficit/surplus
Germany

New Zealand
1x
Year Deficit/surplus, % of GDP
Germany New Zealand
2025 -2.67% -3.86%
2024 -2.66% -3.21%
2023 -2.49% -3.22%
2022 -1.91% -3.96%
2021 -3.17% -3.35%
2020 -4.38% -4.21%
2019 1.33% -2.44%
2018 1.88% 1.31%
2017 1.34% 1.38%
2016 1.13% 0.98%
2015 0.91% 0.37%
2014 0.73% -0.33%
2013 0.12% -1.28%
2012 -0.05% -2.18%
2011 -0.84% -4.94%
2010 -4.42% -5.49%
2009 -3.18% -1.8%
2008 -0.26% 1.48%
2007 0.15% 3.6%
2006 -1.76% 4.62%
2005 -3.37% 5.13%
2004 -3.42% 4.49%
2003 -3.83% 3.69%
2002 -4.09% 2.56%
2001 -3.12% 1.29%
2000 -1.71% 0.18%
1999 -1.87% -1.1%
1998 -2.65% -0.47%
1997 -3.03% 1.24%
1996 -3.64% 2.58%
1995 -9.44% 3.7%
1994 -2.54% 2%
1993 -3.11% -1.51%
1992 -2.63% -6.25%
1991 -3.21% -6.12%
1990 -1.94% -2.72%
1989 0.08% -2.16%
1988 -2.02% -1.88%
1987 -1.85% -3.43%
1986 -1.18% -5.33%
1985 -1.18% -6.97%
1984 -2.04% -8.68%
1983 -2.95% -6.64%
1982 -3.56% -6.26%
1981 -4.03% -6.02%
1980 -3.02% -4.9%
1979 -2.71% -6.55%
1978 -2.62% -3.41%
1977 -2.56% -1.09%
1976 -3.5% -2.07%
1975 -5.78% 0.11%
1974 -1.69% 0.03%
1973 1.14% -0.07%
1972 -0.37% 0.12%
1971 0.16% 0.09%
1970 0.53% -0.05%
1969 -0.43% 0.17%
1968 1.39% 0.03%
1967 2.73% 0.02%
1966 1.76% 0.09%
1965 2.26% 0.26%
1964 1.49% -0.08%
1963 1.43% -0.26%
1962 0.49% 0.02%
1961 -0.12% 0.03%
1960 -0.34% 0.05%
1959 0.77% 0.03%
1958 1.77% -0.02%
1957 1.99% 0.32%
1956 0.59% 1.33%
1955 -1.41% 0.73%
1954 -0.37% 0.22%
1953 -0.13% 0.43%
1952 0% 1.73%
1951 1.15% 1.17%
1950 1.81% 0.78%
1949 - 0.53%
1948 - 0.36%
1947 - 1.07%
1946 - 0.31%
1945 - 0.32%
1944 - 0.59%
1943 - 1.24%
1942 - 0.56%
1941 - 0.64%
1940 - 0.13%
1939 - 0.34%
1938 - 0.38%
1937 - 0.23%
1936 - 0.17%
1935 - 1.19%
1934 -0.64% -0.55%
1933 -0.43% 0.02%
1932 -1.11% -1.77%
1931 -1.03% -1.12%
1930 -1.52% 0.09%
1929 -0.9% -0.37%
1928 -1.47% 0.12%
1927 -0.44% 0.4%
1926 -1.3% 0.72%
1925 0.34% 0.78%
1924 - 1.2%
1923 - 0.95%
1922 - -0.2%
1921 - 3.55%
1920 - 1.51%
1919 - 2.9%
1918 - 4.35%
1917 - 3.89%
1916 - 1.46%
1915 - 0.06%
1914 - 0.45%
1913 0.007% 0.79%
1912 -0.26% 0.89%
1911 0.06% 1.24%
1910 -0.21% 0.36%
1909 0.11% 0.31%
1908 -0.11% 1.26%
1907 -0.14% 1.13%
1906 0.76% 0.97%
1905 1.21% 1.41%
1904 0.41% 1.42%
1903 0.88% 0.55%
1902 0.08% 0.63%
1901 0.91% 1.11%
1900 0.27% 1.59%
1899 0.6% 1.15%
1898 0.47% 1.38%
1897 0.39% 0.86%
1896 0.63% 0.65%
1895 0.47% 0.32%
1894 0.44% 0.76%
1893 0.42% 1.14%
1892 -0.24% 0.09%
1891 1.18% 0.46%
1890 0.12% 0.05%
1889 1.16% 0.59%
1888 0.62% -1.64%
1887 0.88% -1.63%
1886 0.23% -0.53%
1885 0.21% -0.47%
1884 0.23% -0.1%
1883 0.55% 0.38%
1882 0.41% 0.18%
1881 0.12% -2.33%
1880 -0.13% -2.39%
1879 - -0.55%
1878 - -0.85%
1877 - -2.53%
1876 - -5.28%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1876–1990, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/new-zealand | CC BY

In 2025, Germany's government deficit, the difference between spending and revenue, was $135B, equivalent to 2.67% of GDP. This compares to New Zealand's deficit of $10.2B, or 3.86% of GDP.

Over the past 66 years, Germany recorded a fiscal deficit in 47 of those years, while New Zealand ran a deficit in 37 years. On average, Germany posted an annual deficit equal to 1.55% of GDP, compared to deficit of 1.25% of GDP for New Zealand.

Inflation comparison by year

Inflation
Germany

New Zealand
1x
Year Consumer prices inflation
Germany New Zealand
2025 2.17% 2.84%
2024 2.26% 2.92%
2023 5.95% 5.73%
2022 6.87% 7.17%
2021 3.07% 3.94%
2020 0.14% 1.71%
2019 1.45% 1.62%
2018 1.73% 1.6%
2017 1.51% 1.85%
2016 0.49% 0.65%
2015 0.51% 0.29%
2014 0.91% 1.23%
2013 1.5% 1.13%
2012 2.01% 1.06%
2011 2.08% 4.03%
2010 1.1% 2.3%
2009 0.31% 2.12%
2008 2.63% 3.96%
2007 2.3% 2.38%
2006 1.58% 3.37%
2005 1.55% 3.04%
2004 1.67% 2.29%
2003 1.03% 1.75%
2002 1.42% 2.68%
2001 1.98% 2.63%
2000 1.44% 2.62%
1999 0.59% -0.11%
1998 0.91% 1.27%
1997 1.94% 1.19%

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

GeoRank.org/economy/germany/new-zealand | CC BY

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.83%, compared with 2.39% in New Zealand. In 2025, inflation was 2.17% in Germany and 2.84% in New Zealand.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $1.02B
Transport & tourism services $273M
Chemicals & pharma $247M
IT & IP services $108M
Textiles & consumer goods $64.8M
Business & finance services $60.5M
Processed food, beverages & tobacco $59.6M
Animal & marine products $59.1M
Miscellaneous $37.5M
Metals $37.3M
New Zealand
Export category Export value
Machinery & equipment $296M
Animal & marine products $295M
Processed food, beverages & tobacco $47.2M
Raw agricultural goods $30.3M
Chemicals & pharma $28.6M
Transport & tourism services $28.1M
IT & IP services $18M
Business & finance services $17.5M
Textiles & consumer goods $9.9M
Metals $7.32M

Balance of trade

Germany New Zealand
Current account balance
$228B
2025
-$9.56B
2025
Current account balance ranking
2/190
2025
174/190
2025
Current account balance, % of GDP
+4.51%
2025
-3.62%
2025
Goods imports
$1.32T
2025
$48.2B
2025
Goods exports
$1.53T
2025
$47.2B
2025
Service imports
$602B
2025
$20.3B
2025
Service exports
$518B
2025
$19.5B
2025
Imports of goods and services, % of GDP
38.1%
2025
26%
2024
Exports of goods and services, % of GDP
40.4%
2025
24.7%
2024

Economic freedom indices

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

Germany New Zealand
Economic freedom 71.7 77.8
Economic freedom ranking 30/197 13/197
Property rights 95.5 85.4
Government integrity 84.5 90
Judicial effectiveness 94.6 95.9
Tax burden 60.5 66.1
Government spending 28.8 48
Fiscal health 83.1 72.2
Business freedom 79.8 89.1
Labor freedom 52.2 68.6
Monetary freedom 72.5 77.4
Trade freedom 79.4 90.6
Investment freedom 60 70
Financial freedom 70 80

Economic freedom comparison by year

Germany
New Zealand
1x
Year Economic freedom index
Germany New Zealand
2026 71.7 77.8
2025 71.6 78.1
2024 72.1 77.8
2023 73.7 78.9
2022 76.1 80.6
2021 72.5 83.9
2020 73.5 84.1
2019 73.5 84.4
2018 74.2 84.2
2017 73.8 83.7
2016 74.4 81.6
2015 73.8 82.1
2014 73.4 81.2
2013 72.8 81.4
2012 71 82.1
2011 71.8 82.3
2010 71.1 82.1
2009 70.5 82
2008 70.6 80.7
2007 70.8 81.4
2006 70.8 82
2005 68.1 82.3
2004 69.5 81.5
2003 69.7 81.1
2002 70.4 80.7
2001 69.5 81.1
2000 65.7 80.9
1999 65.6 81.7
1998 64.3 79.2
1997 67.5 79
1996 69.1 78.1
1995 69.8 -

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

GeoRank.org/economy/germany/new-zealand | CC BY

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 77.8 for New Zealand, ranking 13/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany New Zealand
Services, % of GDP
64.5%
2025
68.2%
2023
Industry, % of GDP
25.2%
2025
19.4%
2023
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
4.01%
2023
GNI, Atlas method
$5.03T
2025
$248B
2025
GNI per capita, PPP
$78,140
2025
$53,600
2025
Total reserves including gold
$572B
2025
$28.2B
2025
Total reserves ranking
7/177
2025
59/177
2025
Net foreign direct investment
$12.9B
2025
-$3.58B
2025
Net inflows of foreign direct investment
$62.6B
2024
$1.76B
2024
Net outflows of foreign direct investment
$87B
2024
$882M
2024
Poverty at national poverty lines
14.8%
2021
n/a
Gross capital formation, % of GDP
21.9%
2025
23.1%
2024

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/new-zealand | 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 (1876–1990, 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 (2022–2025, 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.

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.