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Economy of Germany vs South Africa compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $427B for South Africa, ranking 3/197 and 40/197 by economy size, respectively.

Germany has $3.18T in government debt (62.9% of GDP), compared to $336B (78.6% of GDP) in South Africa.

Germany vs South Africa GDP by year

Germany
South Africa
1x
Year GDP, current $
Germany South Africa
2025 $5,050,922,925,047 $427,184,325,997
2024 $4,685,592,577,805 $401,144,998,374
2023 $4,562,207,532,490 $381,440,724,491
2022 $4,201,021,706,479 $407,596,043,068
2021 $4,355,251,953,411 $419,986,284,375
2020 $3,941,398,957,074 $337,974,655,408
2019 $3,959,894,794,039 $389,330,032,224
2018 $4,055,433,215,302 $405,260,723,893
2017 $3,765,351,626,106 $381,448,814,653
2016 $3,536,787,895,179 $323,585,509,674
2015 $3,425,099,578,746 $346,709,790,459
2014 $3,964,870,735,761 $381,198,869,776
2013 $3,807,023,797,051 $400,886,013,596
2012 $3,596,483,233,406 $434,400,545,086
2011 $3,823,575,803,794 $458,199,494,831
2010 $3,467,093,769,667 $417,363,822,802
2009 $3,478,545,516,684 $329,754,060,647
2008 $3,808,197,720,125 $316,131,258,616
2007 $3,484,056,680,855 $333,077,117,254
2006 $3,046,308,753,671 $303,858,675,364
2005 $2,893,393,187,362 $288,867,217,197
2004 $2,852,317,768,062 $255,806,908,595
2003 $2,534,715,518,349 $197,018,965,309
2002 $2,102,350,798,306 $129,087,556,612
2001 $1,966,381,496,642 $135,429,905,923
2000 $1,966,980,701,145 $151,752,757,215
1999 $2,213,873,468,587 $151,516,957,079
1998 $2,247,760,364,566 $152,982,984,557
1997 $2,218,790,886,533 $168,978,057,328
1996 $2,506,576,553,158 $163,234,925,381
1995 $2,593,053,091,306 $171,735,933,897
1994 $2,215,282,632,277 $153,512,712,382
1993 $2,078,954,217,438 $147,194,747,566
1992 $2,141,377,582,968 $146,956,150,987
1991 $1,875,792,575,133 $135,203,698,238
1990 $1,778,162,195,860 $126,048,140,142
1989 $1,404,092,925,205 $108,055,624,082
1988 $1,406,367,016,372 $103,976,831,871
1987 $1,302,932,318,825 $96,535,763,418
1986 $1,050,092,624,516 $73,354,771,399
1985 $735,218,723,093 $64,459,376,087
1984 $727,767,760,979 $84,870,163,366
1983 $773,507,930,295 $96,204,110,942
1982 $779,421,633,755 $85,904,057,409
1981 $803,404,797,058 $93,141,472,164
1980 $953,772,499,462 $89,411,864,402
1979 $884,574,218,333 $63,038,658,089
1978 $743,182,891,918 $51,607,412,902
1977 $602,698,323,086 $45,328,411,332
1976 $521,658,712,133 $41,150,460,288
1975 $492,434,094,920 $42,906,905,672
1974 $446,934,971,657 $41,389,186,095
1973 $399,833,571,167 $33,262,772,008
1972 $300,899,944,795 $24,515,919,217
1971 $250,900,942,397 $23,411,076,638
1970 $216,629,229,947 $21,218,391,513
1969 $177,733,486,326 $19,256,992,297
1968 $156,527,292,653 $17,124,793,150
1967 $145,100,667,773 $15,821,393,671
1966 $143,304,275,684 $14,211,394,315
1965 $134,774,688,191 $13,068,994,772
1964 $123,330,404,665 $11,955,995,218
1963 $112,232,503,744 $10,854,195,658
1962 $105,895,435,234 $9,813,996,074
1961 $96,558,204,043 $9,225,996,310
1960 $84,619,845,881 $8,748,596,501

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

GeoRank.org/economy/germany/south-africa | CC BY

GDP per capita in Germany vs South Africa by year

Germany
GDP per capita

GDP per capita, PPP
South Africa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany South Africa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - $6,598 -
2024 $56,104 $73,552 $6,267 $15,456
2023 $54,777 $71,684 $6,034 $15,200
2022 $50,507 $69,049 $6,534 $14,749
2021 $52,349 $62,531 $6,829 $13,682
2020 $47,395 $58,686 $5,581 $12,671
2019 $47,656 $59,271 $6,534 $13,361
2018 $48,916 $56,273 $6,914 $13,347
2017 $45,554 $54,110 $6,618 $13,738
2016 $42,949 $51,570 $5,651 $13,519
2015 $41,930 $48,545 $6,112 $13,398
2014 $48,960 $47,939 $6,857 $13,359
2013 $47,207 $45,889 $7,332 $13,369
2012 $44,718 $44,229 $8,077 $12,987
2011 $47,631 $43,398 $8,646 $13,143
2010 $42,397 $39,726 $7,973 $12,637
2009 $42,472 $37,574 $6,375 $12,261
2008 $46,379 $38,444 $6,185 $12,525
2007 $42,351 $36,914 $6,592 $12,047
2006 $36,980 $34,741 $6,077 $11,250
2005 $35,084 $32,314 $5,837 $10,441
2004 $34,567 $31,753 $5,221 $9,714
2003 $30,711 $30,301 $4,062 $9,139
2002 $25,487 $29,514 $2,688 $8,792
2001 $23,878 $28,674 $2,847 $8,428
2000 $23,926 $27,474 $3,218 $8,095
1999 $26,965 $26,518 $3,242 $7,667
1998 $27,396 $25,446 $3,310 $7,463
1997 $27,047 $24,649 $3,700 $7,433
1996 $30,600 $24,169 $3,618 $7,208
1995 $31,747 $23,631 $3,856 $6,875
1994 $27,202 $22,869 $3,489 $6,611
1993 $25,617 $21,900 $3,400 $6,375
1992 $26,560 $21,746 $3,462 $6,275
1991 $23,443 $21,001 $3,243 $6,383
1990 $22,386 $19,468 $3,093 $6,382
1989 $17,829 - $2,727 -
1988 $17,997 - $2,702 -
1987 $16,739 - $2,586 -
1986 $13,511 - $2,027 -
1985 $9,464 - $1,839 -
1984 $9,347 - $2,504 -
1983 $9,900 - $2,938 -
1982 $9,950 - $2,717 -
1981 $10,246 - $3,050 -
1980 $12,183 - $3,029 -
1979 $11,322 - $2,202 -
1978 $9,517 - $1,852 -
1977 $7,711 - $1,671 -
1976 $6,659 - $1,559 -
1975 $6,259 - $1,670 -
1974 $5,660 - $1,656 -
1973 $5,065 - $1,369 -
1972 $3,824 - $1,038 -
1971 $3,204 - $1,020 -
1970 $2,771 - $952 -
1969 $2,281 - $891 -
1968 $2,025 - $817 -
1967 $1,886 - $779 -
1966 $1,871 - $722 -
1965 $1,774 - $685 -
1964 $1,637 - $646 -
1963 $1,502 - $605 -
1962 $1,431 - $563 -
1961 $1,316 - $546 -
1960 $1,162 - $532 -

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

GeoRank.org/economy/germany/south-africa | CC BY

Germany's GDP per capita is $60,496, ranking 18/197, compared to $6,598 in South Africa, ranking 109/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while South Africa ranks 112th at $15,456.

Economic indicators

Germany South Africa
Gross domestic product
$5.05T
2025
$427B
2025
GDP rank
3/197
2025
40/197
2025
GDP growth
0.24%
2024-2025
1.11%
2024-2025
GDP per capita
$60,496
2025
$6,598
2025
GDP per capita rank
18/197
2025
109/197
2025
GDP per capita, PPP
$73,552
2024
$15,456
2024
GDP per capita PPP rank
20/197
2024
112/197
2024
Government debt
$3.18T
2025
$336B
2025
Debt-to-GDP ratio
62.9%
2025
78.6%
2025
Government debt per person
$38,071
2025
$5,189
2025
Government debt per person rank
21/185
2025
84/185
2025
Average annual personal income after taxes
$40,352
2026
$4,738
2026
Market capitalization of domestic companies
$2.9T
2025
$1.4T
2025
Number of millionaires
2,648,000
2026
97,000
2026
Number of billionaires
212
2026
7
2026
Income share by richest 10%
26.2%
2022
42.1%
2022
Income share by poorest 10%
2.3%
2022
1.4%
2022
Government expenditure, % of GDP
50.5%
2025
34.2%
2025
Consumer prices inflation
2.17%
2024-2025
3.21%
2024-2025
Central bank interest rate n/a
7%
2026
Unemployment rate
3.8%
2025
32.3%
2024
Population
82830814
65829368

Spending and national debt comparison by year

Germany
Spending

Debt
South Africa
Spending

Debt
1x
Year % of GDP
Germany South Africa
Government spending Government debt Government spending Government debt
2025 50.5% 62.9% 34.2% 78.6%
2024 49.4% 62.2% 33% 76%
2023 48.1% 62.3% 32.5% 73.2%
2022 48.6% 64.4% 31.9% 70.7%
2021 50.7% 67.9% 32.7% 68.8%
2020 51.1% 68% 34.6% 68.9%
2019 45.5% 58.7% 31.4% 56.1%
2018 44.7% 60.8% 30.2% 51.5%
2017 44.5% 64% 29.9% 48.6%
2016 44.7% 68.3% 29.9% 47.1%
2015 44.5% 71.2% 30.2% 45.2%
2014 44.5% 74.5% 29.3% 43.3%
2013 45.2% 77.5% 28.9% 40.4%
2012 45.1% 79.8% 28.6% 37.4%
2011 45.3% 78.5% 28.1% 34.7%
2010 48.1% 81% 28.3% 31.2%
2009 48.3% 72.4% 28.5% 27%
2008 44.4% 65.2% 26% 24%
2007 43.5% 63.7% 24.4% 24.3%
2006 45.3% 66.4% 24.7% 28%
2005 46.9% 67.1% 25.1% 29.6%
2004 47% 65% 22.7% 30.7%
2003 48.5% 63.3% 22.6% 31.5%
2002 48.2% 59.8% 22.2% 31.8%
2001 47.7% 58.1% 22.6% 38%
2000 48.1% 59.2% 22.6% 37.9%
1999 48.5% 60.3% 26.7% 45.9%
1998 48.3% 59.4% 27.1% 45.8%
1997 48.8% 58.8% 27.9% 45.8%
1996 49.6% 57.7% 28.5% 44.3%
1995 55.2% 54.9% 27.2% 47%
1994 48.3% 47.5% 31.3% 46.4%
1993 48.3% 45.1% 29.1% 39.8%
1992 47.4% 41.4% 29.8% 34.8%
1991 46.5% 39% 27.8% 34.7%
1990 44.7% 40.7% 28.7% 31.8%
1989 44.3% 39.2% 29.6% 33.3%
1988 45.6% 40.5% 23.9% 30.6%
1987 46% 40.1% 28% 33.5%
1986 45.7% 39.1% 27.8% 32.5%
1985 46.6% 39.2% 26.8% 26.3%
1984 47.2% 38.7% 25.2% 23.2%
1983 47.9% 38% 25.1% 28.7%
1982 49.1% 36.4% 23.8% 31.3%
1981 49% 33.6% 23.3% 27.4%
1980 48.2% 30.1% 21.8% 33.3%
1979 47.4% 28.2% 26.5% 41.9%
1978 47.7% 27.4% 26.8% 44.7%
1977 49% 26% 27.3% 45.3%
1976 49.4% 25.1% 23% 35%
1975 50.3% 23.7% 21.2% 32.8%
1974 46% 18.5% 19.1% 33.7%
1973 42.4% 17.3% 21% 38.2%
1972 41.8% 18% 22.9% 41.1%
1971 40.9% 17.7% 19.9% 41.1%
1970 39.5% 17.7% 20% 43.3%
1969 29.7% 20.3% 18.8% 44.4%
1968 28.5% 22.5% 19.4% 42.7%
1967 28.8% 22.5% 18.8% 41.1%
1966 28.3% 19.8% 18.3% 41.4%
1965 28.4% 18.7% 18.2% 42.7%
1964 29% 18.2% 11.3% 30%
1963 29.1% 18.1% 15.9% 43.4%
1962 29.2% 17.6% 15.9% 45.7%
1961 28.8% 18.7% 15.7% 52.8%
1960 22.9% 18.4% 16.7% 52.9%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/south-africa | CC BY

In 2025, Germany's government spending was $2.55T, accounting for 50.5% of its GDP, while South Africa spent $146B, or 34.2% of GDP.

Debt-to-GDP ratio is 62.9% in Germany and 78.6% in South Africa, ranking 70/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Germany

South Africa
1x
Year Deficit/surplus, % of GDP
Germany South Africa
2025 -2.67% -5.78%
2024 -2.66% -5.67%
2023 -2.49% -5.6%
2022 -1.91% -4.25%
2021 -3.17% -5.54%
2020 -4.38% -9.62%
2019 1.33% -5.07%
2018 1.88% -3.73%
2017 1.34% -4.02%
2016 1.13% -3.72%
2015 0.91% -4.37%
2014 0.73% -3.93%
2013 0.12% -3.9%
2012 -0.05% -4.04%
2011 -0.84% -3.7%
2010 -4.42% -4.51%
2009 -3.18% -4.67%
2008 -0.26% -0.49%
2007 0.15% 1.22%
2006 -1.76% 0.81%
2005 -3.37% -0.1%
2004 -3.42% -1.04%
2003 -3.83% -1.59%
2002 -4.09% -0.96%
2001 -3.12% -1.02%
2000 -1.71% -1.38%
1999 -1.87% -2.21%
1998 -2.65% -2.56%
1997 -3.03% -4.08%
1996 -3.64% -4.53%
1995 -9.44% -4.38%
1994 -2.54% -8.09%
1993 -3.11% -8.54%
1992 -2.63% -7.09%
1991 -3.21% -4.85%
1990 -1.94% -3.82%
1989 0.08% -8.3%
1988 -2.02% -3.29%
1987 -1.85% -6.36%
1986 -1.18% -5.69%
1985 -1.18% -4.86%
1984 -2.04% -5.24%
1983 -2.95% -5.3%
1982 -3.56% -3.88%
1981 -4.03% -3.72%
1980 -3.02% -1.91%
1979 -2.71% -4.65%
1978 -2.62% -5.42%
1977 -2.56% -5.52%
1976 -3.5% -4.19%
1975 -5.78% -2.62%
1974 -1.69% -1.5%
1973 1.14% -4.54%
1972 -0.37% -5.39%
1971 0.16% -1.96%
1970 0.53% -3.19%
1969 -0.43% -3.94%
1968 1.39% -3.38%
1967 2.73% -3.8%
1966 1.76% -3.04%
1965 2.26% -3.15%
1964 1.49% -1.19%
1963 1.43% -2.26%
1962 0.49% -1.4%
1961 -0.12% -3.25%
1960 -0.34% -2.36%
1959 0.77% -4.4%
1958 1.77% -3.5%
1957 1.99% -2.8%
1956 0.59% -2.12%
1955 -1.41% -2.9%
1954 -0.37% -2.53%
1953 -0.13% -3.72%
1952 0% -4.14%
1951 1.15% -0.4%
1950 1.81% -2.33%
1949 - -6.87%
1948 - -6.03%
1947 - -1.82%
1946 - -4.03%
1945 - -7.41%
1944 - -8.94%
1943 - -8.49%
1942 - -9.08%
1941 - -7.3%
1940 - -10.9%
1939 - -2.96%
1938 - -3.91%
1937 - -2.16%
1936 - -2.58%
1935 - -3.2%
1934 -0.64% -3.29%
1933 -0.43% -3.31%
1932 -1.11% -4.72%
1931 -1.03% -5.31%
1930 -1.52% -5.19%
1929 -0.9% -4.41%
1928 -1.47% -3.29%
1927 -0.44% -3.79%
1926 -1.3% -4.76%
1925 0.34% -4.92%
1924 - -4.72%
1923 - -5.53%
1922 - -4.51%
1921 - -5.38%
1920 - -5.52%
1919 - -2.6%
1918 - -3.7%
1917 - -3.52%
1916 - -2.57%
1915 - -10.7%
1914 - -11.6%
1913 0.007% -4.15%
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 (1880–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/south-africa | 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 South Africa's deficit of $24.7B, or 5.78% of GDP.

Over the past 66 years, Germany recorded a fiscal deficit in 47 of those years, while South Africa ran a deficit in 64 years. On average, Germany posted an annual deficit equal to 1.55% of GDP, compared to deficit of 3.82% of GDP for South Africa.

Inflation comparison by year

Inflation
Germany

South Africa
1x
Year Consumer prices inflation
Germany South Africa
2025 2.17% 3.21%
2024 2.26% 4.36%
2023 5.95% 6.08%
2022 6.87% 7.04%
2021 3.07% 4.62%
2020 0.14% 3.23%
2019 1.45% 4.1%
2018 1.73% 4.51%
2017 1.51% 5.19%
2016 0.49% 6.6%
2015 0.51% 4.52%
2014 0.91% 6.13%
2013 1.5% 5.78%
2012 2.01% 5.74%
2011 2.08% 5%
2010 1.1% 4.07%
2009 0.31% 7.24%
2008 2.63% 9.91%
2007 2.3% 6.18%
2006 1.58% 3.24%
2005 1.55% 2.06%
2004 1.67% -0.69%
2003 1.03% 5.68%
2002 1.42% 9.49%
2001 1.98% 5.7%
2000 1.44% 5.34%
1999 0.59% 5.18%
1998 0.91% 6.88%
1997 1.94% 8.6%

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

GeoRank.org/economy/germany/south-africa | CC BY

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.83%, compared with 5.34% in South Africa. In 2025, inflation was 2.17% in Germany and 3.21% in South Africa.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $6.55B
Chemicals & pharma $1.42B
Raw materials & minerals $893M
Transport & tourism services $760M
IT & IP services $645M
Metals $491M
Business & finance services $289M
Textiles & consumer goods $232M
Processed food, beverages & tobacco $214M
Wood & paper products $165M
South Africa
Export category Export value
Machinery & equipment $5.74B
Precious metals & jewellery $1.68B
Raw materials & minerals $1.14B
Raw agricultural goods $221M
Chemicals & pharma $119M
Textiles & consumer goods $95.6M
Processed food, beverages & tobacco $86.3M
Metals $84.6M
Weapons & explosives $14.9M
Animal & marine products $11.2M

Balance of trade

Germany South Africa
Current account balance
$228B
2025
-$1.81B
2025
Current account balance ranking
2/190
2025
135/190
2025
Current account balance, % of GDP
+4.51%
2025
-0.42%
2025
Goods imports
$1.32T
2025
$104B
2025
Goods exports
$1.53T
2025
$116B
2025
Service imports
$602B
2025
$21.8B
2025
Service exports
$518B
2025
$18.1B
2025
Imports of goods and services, % of GDP
38.1%
2025
29.5%
2025
Exports of goods and services, % of GDP
40.4%
2025
31.4%
2025

Economic freedom indices

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

Germany South Africa
Economic freedom 71.7 58.6
Economic freedom ranking 30/197 110/197
Property rights 95.5 48.8
Government integrity 84.5 46.7
Judicial effectiveness 94.6 64.6
Tax burden 60.5 65.4
Government spending 28.8 68.4
Fiscal health 83.1 45.3
Business freedom 79.8 67.9
Labor freedom 52.2 70.8
Monetary freedom 72.5 75.8
Trade freedom 79.4 68.8
Investment freedom 60 40
Financial freedom 70 40

Economic freedom comparison by year

Germany
South Africa
1x
Year Economic freedom index
Germany South Africa
2026 71.7 58.6
2025 71.6 57.3
2024 72.1 55.3
2023 73.7 55.7
2022 76.1 56.2
2021 72.5 59.7
2020 73.5 58.8
2019 73.5 58.3
2018 74.2 63
2017 73.8 62.3
2016 74.4 61.9
2015 73.8 62.6
2014 73.4 62.5
2013 72.8 61.8
2012 71 62.7
2011 71.8 62.7
2010 71.1 62.8
2009 70.5 63.8
2008 70.6 63.4
2007 70.8 63.5
2006 70.8 63.7
2005 68.1 62.9
2004 69.5 66.3
2003 69.7 67.1
2002 70.4 64
2001 69.5 63.8
2000 65.7 63.7
1999 65.6 63.3
1998 64.3 64.3
1997 67.5 63.2
1996 69.1 62.5
1995 69.8 60.7

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

GeoRank.org/economy/germany/south-africa | CC BY

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 58.6 for South Africa, ranking 110/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany South Africa
Services, % of GDP
64.5%
2025
63.1%
2025
Industry, % of GDP
25.2%
2025
24.1%
2025
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
2.83%
2025
GNI, Atlas method
$5.03T
2025
$406B
2025
GNI per capita, PPP
$78,140
2025
$15,600
2025
Total reserves including gold
$572B
2025
$76B
2025
Total reserves ranking
7/177
2025
35/177
2025
Net foreign direct investment
$12.9B
2025
-$1.85B
2025
Net inflows of foreign direct investment
$62.6B
2024
$2.33B
2024
Net outflows of foreign direct investment
$87B
2024
-$1.26B
2024
Servicing debt to the IMF, % of GNI n/a
5.74%
2024
Poverty at national poverty lines
14.8%
2021
37.9%
2022
Gross capital formation, % of GDP
21.9%
2025
13.9%
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/germany/south-africa | 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 (1880–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, 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 (2023–2025, 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.