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Economy of Germany vs Sweden compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $669B for Sweden, ranking 3/197 and 26/197 by economy size, respectively.

Germany has $3.18T in government debt (62.9% of GDP), compared to $234B (34.9% of GDP) in Sweden.

Germany vs Sweden GDP by year

Germany
Sweden
1x
Year GDP, current $
Germany Sweden
2025 $5,050,922,925,047 $668,998,664,082
2024 $4,685,592,577,805 $604,827,393,489
2023 $4,562,207,532,490 $578,990,915,246
2022 $4,201,021,706,479 $575,071,237,641
2021 $4,355,251,953,411 $631,693,331,301
2020 $3,941,398,957,074 $544,265,668,452
2019 $3,959,894,794,039 $530,894,124,494
2018 $4,055,433,215,302 $549,649,344,043
2017 $3,765,351,626,106 $535,172,356,785
2016 $3,536,787,895,179 $513,058,312,951
2015 $3,425,099,578,746 $501,602,351,912
2014 $3,964,870,735,761 $577,727,767,304
2013 $3,807,023,797,051 $584,125,353,119
2012 $3,596,483,233,406 $549,739,674,655
2011 $3,823,575,803,794 $570,538,581,144
2010 $3,467,093,769,667 $492,750,897,239
2009 $3,478,545,516,684 $434,311,714,442
2008 $3,808,197,720,125 $514,614,100,833
2007 $3,484,056,680,855 $490,047,789,548
2006 $3,046,308,753,671 $422,528,394,459
2005 $2,893,393,187,362 $391,688,455,929
2004 $2,852,317,768,062 $384,545,442,175
2003 $2,534,715,518,349 $334,072,443,516
2002 $2,102,350,798,306 $267,371,907,447
2001 $1,966,381,496,642 $242,497,797,485
2000 $1,966,980,701,145 $262,903,560,280
1999 $2,213,873,468,587 $274,318,357,862
1998 $2,247,760,364,566 $270,887,306,759
1997 $2,218,790,886,533 $268,249,616,891
1996 $2,506,576,553,158 $291,949,597,375
1995 $2,593,053,091,306 $267,050,453,507
1994 $2,215,282,632,277 $228,699,066,874
1993 $2,078,954,217,438 $212,644,602,616
1992 $2,141,377,582,968 $283,908,914,454
1991 $1,875,792,575,133 $273,831,464,572
1990 $1,778,162,195,860 $261,466,577,009
1989 $1,404,092,925,205 $217,632,340,195
1988 $1,406,367,016,372 $206,686,590,776
1987 $1,302,932,318,825 $182,744,315,974
1986 $1,050,092,624,516 $150,279,869,729
1985 $735,218,723,093 $113,958,084,357
1984 $727,767,760,979 $109,043,045,407
1983 $773,507,930,295 $104,862,109,663
1982 $779,421,633,755 $114,214,731,799
1981 $803,404,797,058 $129,498,921,476
1980 $953,772,499,462 $141,886,067,004
1979 $884,574,218,333 $123,207,527,699
1978 $743,182,891,918 $104,290,933,496
1977 $602,698,323,086 $94,331,782,622
1976 $521,658,712,133 $89,232,517,046
1975 $492,434,094,920 $82,765,232,648
1974 $446,934,971,657 $65,917,634,590
1973 $399,833,571,167 $59,318,842,992
1972 $300,899,944,795 $48,883,173,400
1971 $250,900,942,397 $41,506,151,115
1970 $216,629,229,947 $38,037,226,668
1969 $177,733,486,326 $33,967,301,561
1968 $156,527,292,653 $31,277,871,669
1967 $145,100,667,773 $29,474,881,506
1966 $143,304,275,684 $27,154,716,721
1965 $134,774,688,191 $24,963,947,415
1964 $123,330,404,665 $22,685,490,195
1963 $112,232,503,744 $20,342,131,882
1962 $105,895,435,234 $18,794,066,990
1961 $96,558,204,043 $17,329,620,585
1960 $84,619,845,881 $15,930,075,467

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

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

GDP per capita in Germany vs Sweden by year

Germany
GDP per capita

GDP per capita, PPP
Sweden
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Sweden
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - $63,133 -
2024 $56,104 $73,552 $57,223 $71,845
2023 $54,777 $71,684 $54,950 $69,226
2022 $50,507 $69,049 $54,837 $67,076
2021 $52,349 $62,531 $60,648 $62,732
2020 $47,395 $58,686 $52,569 $57,489
2019 $47,656 $59,271 $51,649 $57,046
2018 $48,916 $56,273 $54,018 $53,122
2017 $45,554 $54,110 $53,210 $51,474
2016 $42,949 $51,570 $51,704 $50,290
2015 $41,930 $48,545 $51,188 $48,772
2014 $48,960 $47,939 $59,583 $46,841
2013 $47,207 $45,889 $60,844 $46,098
2012 $44,718 $44,229 $57,750 $45,207
2011 $47,631 $43,398 $60,379 $44,333
2010 $42,397 $39,726 $52,543 $41,951
2009 $42,472 $37,574 $46,708 $40,094
2008 $46,379 $38,444 $55,817 $41,907
2007 $42,351 $36,914 $53,568 $40,813
2006 $36,980 $34,741 $46,531 $37,672
2005 $35,084 $32,314 $43,378 $34,198
2004 $34,567 $31,753 $42,758 $33,805
2003 $30,711 $30,301 $37,292 $31,788
2002 $25,487 $29,514 $29,958 $30,987
2001 $23,878 $28,674 $27,259 $29,946
2000 $23,926 $27,474 $29,633 $29,636
1999 $26,965 $26,518 $30,969 $27,496
1998 $27,396 $25,446 $30,605 $25,897
1997 $27,047 $24,649 $30,324 $24,817
1996 $30,600 $24,169 $33,022 $23,952
1995 $31,747 $23,631 $30,254 $23,084
1994 $27,202 $22,869 $26,046 $21,835
1993 $25,617 $21,900 $24,390 $20,700
1992 $26,560 $21,746 $32,753 $20,767
1991 $23,443 $21,001 $31,777 $20,663
1990 $22,386 $19,468 $30,549 $20,357
1989 $17,829 - $25,625 -
1988 $17,997 - $24,499 -
1987 $16,739 - $21,761 -
1986 $13,511 - $17,955 -
1985 $9,464 - $13,647 -
1984 $9,347 - $13,080 -
1983 $9,900 - $12,590 -
1982 $9,950 - $13,719 -
1981 $10,246 - $15,564 -
1980 $12,183 - $17,073 -
1979 $11,322 - $14,856 -
1978 $9,517 - $12,602 -
1977 $7,711 - $11,432 -
1976 $6,659 - $10,853 -
1975 $6,259 - $10,103 -
1974 $5,660 - $8,078 -
1973 $5,065 - $7,291 -
1972 $3,824 - $6,018 -
1971 $3,204 - $5,125 -
1970 $2,771 - $4,729 -
1969 $2,281 - $4,263 -
1968 $2,025 - $3,953 -
1967 $1,886 - $3,746 -
1966 $1,871 - $3,478 -
1965 $1,774 - $3,228 -
1964 $1,637 - $2,961 -
1963 $1,502 - $2,675 -
1962 $1,431 - $2,485 -
1961 $1,316 - $2,304 -
1960 $1,162 - $2,128 -

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

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

Germany's GDP per capita is $60,496, ranking 18/197, compared to $63,133 in Sweden, ranking 15/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Sweden ranks 23rd at $71,845.

Economic indicators

Germany Sweden
Gross domestic product
$5.05T
2025
$669B
2025
GDP rank
3/197
2025
26/197
2025
GDP growth
0.24%
2024-2025
1.54%
2024-2025
GDP per capita
$60,496
2025
$63,133
2025
GDP per capita rank
18/197
2025
15/197
2025
GDP per capita, PPP
$73,552
2024
$71,845
2024
GDP per capita PPP rank
20/197
2024
23/197
2024
Government debt
$3.18T
2025
$234B
2025
Debt-to-GDP ratio
62.9%
2025
34.9%
2025
Government debt per person
$38,071
2025
$22,057
2025
Government debt per person rank
21/185
2025
31/185
2025
Average annual personal income after taxes
$40,352
2026
$40,083
2026
Market capitalization of domestic companies
$2.9T
2025
$290B
2003
Number of millionaires
2,648,000
2026
507,000
2026
Number of billionaires
212
2026
50
2026
Income share by richest 10%
26.2%
2022
22.3%
2023
Income share by poorest 10%
2.3%
2022
2.8%
2023
Government expenditure, % of GDP
50.5%
2025
49.4%
2025
Consumer prices inflation
2.17%
2024-2025
0.68%
2024-2025
Central bank interest rate n/a
1.75%
2025
Unemployment rate
3.8%
2025
8.8%
2025
Population
82830814
10665077

Spending and national debt comparison by year

Germany
Spending

Debt
Sweden
Spending

Debt
1x
Year % of GDP
Germany Sweden
Government spending Government debt Government spending Government debt
2025 50.5% 62.9% 49.4% 34.9%
2024 49.4% 62.2% 49.3% 33.9%
2023 48.1% 62.3% 48.9% 32.1%
2022 48.6% 64.4% 48.3% 34.2%
2021 50.7% 67.9% 49.3% 37.3%
2020 51.1% 68% 52% 40.4%
2019 45.5% 58.7% 48.8% 35.8%
2018 44.7% 60.8% 49.8% 39.9%
2017 44.5% 64% 49.2% 41.6%
2016 44.7% 68.3% 49.5% 42.9%
2015 44.5% 71.2% 49.4% 44.5%
2014 44.5% 74.5% 50.7% 45.7%
2013 45.2% 77.5% 51.4% 40.8%
2012 45.1% 79.8% 50.2% 38%
2011 45.3% 78.5% 49.1% 37.7%
2010 48.1% 81% 49.7% 38.6%
2009 48.3% 72.4% 51.7% 41.2%
2008 44.4% 65.2% 49.4% 37.9%
2007 43.5% 63.7% 48.5% 39.2%
2006 45.3% 66.4% 50.1% 43.8%
2005 46.9% 67.1% 51.2% 48.9%
2004 47% 65% 51.7% 48.7%
2003 48.5% 63.3% 53% 49.5%
2002 48.2% 59.8% 52.7% 49.9%
2001 47.7% 58.1% 51.7% 52%
2000 48.1% 59.2% 52.2% 50.4%
1999 48.5% 60.3% 55.2% 60.3%
1998 48.3% 59.4% 55.6% 65.4%
1997 48.8% 58.8% 57.9% 67.7%
1996 49.6% 57.7% 60% 68.9%
1995 55.2% 54.9% 62.1% 68.7%
1994 48.3% 47.5% 65.3% 68.6%
1993 48.3% 45.1% 67.9% 66.1%
1992 47.4% 41.4% 66.5% 45.7%
1991 46.5% 39% 61.2% 40.2%
1990 44.7% 40.7% 57.5% 40.3%
1989 44.3% 39.2% 35.8% 44.8%
1988 45.6% 40.5% 37.9% 50.3%
1987 46% 40.1% 40.9% 56%
1986 45.7% 39.1% 42.1% 59.5%
1985 46.6% 39.2% 47.6% 61.2%
1984 47.2% 38.7% 46.7% 57.5%
1983 47.9% 38% 48.6% 54.5%
1982 49.1% 36.4% 46.4% 47.9%
1981 49% 33.6% 46.1% 41.5%
1980 48.2% 30.1% 41% 34.4%
1979 47.4% 28.2% 39.9% 28.3%
1978 47.7% 27.4% 39.1% 24%
1977 49% 26% 35.7% 21%
1976 49.4% 25.1% 32.3% 19%
1975 50.3% 23.7% 30.6% 19.9%
1974 46% 18.5% 30.1% 19.4%
1973 42.4% 17.3% 31.1% 18%
1972 41.8% 18% 31.9% 17.2%
1971 40.9% 17.7% 29.8% 16.9%
1970 39.5% 17.7% 29.5% 16.9%
1969 29.7% 20.3% 28.7% 17.6%
1968 28.5% 22.5% 28.3% 17.6%
1967 28.8% 22.5% 27.7% 16.1%
1966 28.3% 19.8% 26.5% 15.3%
1965 28.4% 18.7% 24.6% 17%
1964 29% 18.2% 23.4% 18.7%
1963 29.1% 18.1% 24.4% 20.7%
1962 29.2% 17.6% 23.4% 23%
1961 28.8% 18.7% 23.7% 26%
1960 22.9% 18.4% 24.4% 28.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-07-08).

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

In 2025, Germany's government spending was $2.55T, accounting for 50.5% of its GDP, while Sweden spent $331B, or 49.4% of GDP.

Debt-to-GDP ratio is 62.9% in Germany and 34.9% in Sweden, ranking 70/185 and 144/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Sweden
1x
Year Deficit/surplus, % of GDP
Germany Sweden
2025 -2.67% -1.41%
2024 -2.66% -1.5%
2023 -2.49% -0.63%
2022 -1.91% 1%
2021 -3.17% -0.15%
2020 -4.38% -3.18%
2019 1.33% 0.44%
2018 1.88% 0.67%
2017 1.34% 1.29%
2016 1.13% 0.86%
2015 0.91% -0.27%
2014 0.73% -1.84%
2013 0.12% -1.63%
2012 -0.05% -1.19%
2011 -0.84% -0.41%
2010 -4.42% -0.14%
2009 -3.18% -0.89%
2008 -0.26% 1.87%
2007 0.15% 3.37%
2006 -1.76% 2.2%
2005 -3.37% 2.08%
2004 -3.42% 0.17%
2003 -3.83% -1.25%
2002 -4.09% -1.46%
2001 -3.12% 1.37%
2000 -1.71% 3.11%
1999 -1.87% 0.6%
1998 -2.65% 0.82%
1997 -3.03% -1.57%
1996 -3.64% -3.11%
1995 -9.44% -7.01%
1994 -2.54% -8.77%
1993 -3.11% -10.9%
1992 -2.63% -8.51%
1991 -3.21% 0.28%
1990 -1.94% 3.7%
1989 0.08% 1.5%
1988 -2.02% -0.64%
1987 -1.85% -2%
1986 -1.18% -6.21%
1985 -1.18% -9.91%
1984 -2.04% -12.1%
1983 -2.95% -15.1%
1982 -3.56% -13.4%
1981 -4.03% -12.8%
1980 -3.02% -11.5%
1979 -2.71% -9.95%
1978 -2.62% -7.32%
1977 -2.56% -3.32%
1976 -3.5% -1.27%
1975 -5.78% -4.05%
1974 -1.69% -4.12%
1973 1.14% -3.28%
1972 -0.37% -2.17%
1971 0.16% -1.67%
1970 0.53% -2.64%
1969 -0.43% -2.03%
1968 1.39% -2.37%
1967 2.73% -1.41%
1966 1.76% -0.33%
1965 2.26% -0.17%
1964 1.49% -0.1%
1963 1.43% 0.41%
1962 0.49% 0.7%
1961 -0.12% 0.56%
1960 -0.34% -2.67%
1959 0.77% -2.53%
1958 1.77% -2.31%
1957 1.99% -2.1%
1956 0.59% -1.21%
1955 -1.41% -1.72%
1954 -0.37% -1.52%
1953 -0.13% -2.47%
1952 0% -0.16%
1951 1.15% -0.9%
1950 1.81% -1.64%
1949 - -0.74%
1948 - 0.29%
1947 - -1.08%
1946 - -0.61%
1945 - -8.04%
1944 - -8.66%
1943 - -10.7%
1942 - -11.8%
1941 - -13.1%
1940 - -8.16%
1939 - -1.13%
1938 - -0.07%
1937 - 0.46%
1936 - -0.64%
1935 - -2.19%
1934 -0.64% -1.88%
1933 -0.43% -4.1%
1932 -1.11% -1.56%
1931 -1.03% -0.05%
1930 -1.52% 0.09%
1929 -0.9% -0.39%
1928 -1.47% -0.06%
1927 -0.44% -1.14%
1926 -1.3% -1.11%
1925 0.34% -1.44%
1924 - -0.99%
1923 - -1.65%
1922 - -3.17%
1921 - -3.55%
1920 - -0.6%
1919 - 0.17%
1918 - -8.59%
1917 - -0.26%
1916 - -0.23%
1915 - -0.94%
1914 - -0.55%
1913 0.007% -0.17%
1912 -0.26% -0.51%
1911 0.06% -0.87%
1910 -0.21% -0.81%
1909 0.11% -2.08%
1908 -0.11% -2.27%
1907 -0.14% -0.68%
1906 0.76% -0.66%
1905 1.21% -0.34%
1904 0.41% -0.56%
1903 0.88% 0.08%
1902 0.08% -1.57%
1901 0.91% -1.34%
1900 0.27% -0.32%
1899 0.6% 0.57%
1898 0.47% 0.91%
1897 0.39% 1.09%
1896 0.63% -0.59%
1895 0.47% 1%
1894 0.44% 0.47%
1893 0.42% -0.49%
1892 -0.24% -0.68%
1891 1.18% -0.6%
1890 0.12% 0.33%
1889 1.16% 0.19%
1888 0.62% -0.05%
1887 0.88% -1.5%
1886 0.23% -0.98%
1885 0.21% -0.08%
1884 0.23% 0.24%
1883 0.55% 0.16%
1882 0.41% 0.36%
1881 0.12% -0.17%
1880 -0.13% -0.47%
1879 - -1.89%
1878 - -2.04%
1877 - -1.21%
1876 - -1.07%
1875 - -1.26%
1874 - -1.05%
1873 - 0.06%
1872 - -0.15%
1871 - 0.22%
1870 - -0.42%
1869 - -1.52%
1868 - -1.67%
1867 - -1.17%
1866 - -3.01%
1865 - -2.02%
1864 - -2.3%
1863 - -1.58%
1862 - -1.35%
1861 - -1.11%
1860 - -2.03%
1859 - -2.17%
1858 - -2.36%
1857 - -0.62%
1856 - -0.08%
1855 - -0.09%
1854 - -0.19%
1853 - 0.17%
1852 - -0.31%
1851 - -0.07%
1850 - 0.004%
1849 - 0.09%
1848 - 0.12%
1847 - 0.08%
1846 - 0.13%
1845 - 0.04%
1844 - 0.009%
1843 - 0.05%
1842 - -0.12%
1841 - 0.06%
1840 - -0.01%
1839 - -0.006%
1838 - 0.09%
1837 - -0.38%
1836 - -0.08%
1835 - 0.08%
1834 - -0.12%
1833 - 0.09%
1832 - 0.01%
1831 - -0.1%
1830 - -0.45%
1829 - 2.7%
1828 - 0.03%
1827 - -0.16%
1826 - 0.37%
1825 - 0.18%
1824 - -0.23%
1823 - 0.37%
1822 - -0.03%
1821 - -0.49%
1820 - 0.26%
1819 - 0.09%
1818 - 0.35%
1817 - 0.35%
1816 - 0.16%
1815 - 2.34%
1814 - -0.45%
1813 - -0.37%
1812 - 3.47%
1811 - -0.48%
1810 - -3.05%
1809 - -7.65%
1808 - -5.04%
1807 - 0.1%
1806 - 0.55%
1805 - 0.52%
1804 - -0.25%
1803 - 11.6%
1802 - 2.17%
1801 - 0.01%
1800 - -0.44%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1800–1990, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/sweden | 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 Sweden's deficit of $9.43B, or 1.41% of GDP.

Over the past 66 years, Germany recorded a fiscal deficit in 47 of those years, while Sweden ran a deficit in 46 years. On average, Germany posted an annual deficit equal to 1.55% of GDP, compared to deficit of 2.45% of GDP for Sweden.

Inflation comparison by year

Inflation
Germany

Sweden
1x
Year Consumer prices inflation
Germany Sweden
2025 2.17% 0.68%
2024 2.26% 2.84%
2023 5.95% 8.55%
2022 6.87% 8.37%
2021 3.07% 2.16%
2020 0.14% 0.5%
2019 1.45% 1.78%
2018 1.73% 1.95%
2017 1.51% 1.79%
2016 0.49% 0.98%
2015 0.51% -0.05%
2014 0.91% -0.18%
2013 1.5% -0.04%
2012 2.01% 0.89%
2011 2.08% 2.96%
2010 1.1% 1.16%
2009 0.31% -0.49%
2008 2.63% 3.44%
2007 2.3% 2.21%
2006 1.58% 1.36%
2005 1.55% 0.45%
2004 1.67% 0.37%
2003 1.03% 1.93%
2002 1.42% 2.16%
2001 1.98% 2.41%
2000 1.44% 0.9%
1999 0.59% 0.46%
1998 0.91% -0.27%
1997 1.94% 0.66%

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

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

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.83%, compared with 1.72% in Sweden. In 2025, inflation was 2.17% in Germany and 0.68% in Sweden.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $17.5B
Chemicals & pharma $4.44B
Metals $2.74B
Business & finance services $2.48B
Textiles & consumer goods $2.25B
Transport & tourism services $2.18B
Raw materials & minerals $1.98B
IT & IP services $1.85B
Processed food, beverages & tobacco $1.46B
Wood & paper products $595M
Sweden
Export category Export value
Machinery & equipment $6.8B
Chemicals & pharma $4.32B
Transport & tourism services $3.45B
Business & finance services $3.02B
Wood & paper products $2.42B
Metals $2.38B
IT & IP services $2.12B
Raw materials & minerals $1.68B
Textiles & consumer goods $1.19B
Processed food, beverages & tobacco $596M

Balance of trade

Germany Sweden
Current account balance
$228B
2025
$40.5B
2025
Current account balance ranking
2/190
2025
15/190
2025
Current account balance, % of GDP
+4.51%
2025
+6.06%
2025
Goods imports
$1.32T
2025
$201B
2025
Goods exports
$1.53T
2025
$233B
2025
Service imports
$602B
2025
$144B
2025
Service exports
$518B
2025
$132B
2025
Imports of goods and services, % of GDP
38.1%
2025
51.1%
2025
Exports of goods and services, % of GDP
40.4%
2025
53.2%
2025

Economic freedom indices

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

Germany Sweden
Economic freedom 71.7 77.8
Economic freedom ranking 30/197 14/197
Property rights 95.5 96.2
Government integrity 84.5 91.6
Judicial effectiveness 94.6 95.6
Tax burden 60.5 51.6
Government spending 28.8 28.4
Fiscal health 83.1 97.5
Business freedom 79.8 84.8
Labor freedom 52.2 65.8
Monetary freedom 72.5 78.1
Trade freedom 79.4 79.4
Investment freedom 60 85
Financial freedom 70 80

Economic freedom comparison by year

Germany
Sweden
1x
Year Economic freedom index
Germany Sweden
2026 71.7 77.8
2025 71.6 77.9
2024 72.1 77.5
2023 73.7 77.5
2022 76.1 77.9
2021 72.5 74.7
2020 73.5 74.9
2019 73.5 75.2
2018 74.2 76.3
2017 73.8 74.9
2016 74.4 72
2015 73.8 72.7
2014 73.4 73.1
2013 72.8 72.9
2012 71 71.7
2011 71.8 71.9
2010 71.1 72.4
2009 70.5 70.5
2008 70.6 70.8
2007 70.8 69.3
2006 70.8 70.9
2005 68.1 69.8
2004 69.5 70.1
2003 69.7 70
2002 70.4 70.8
2001 69.5 66.6
2000 65.7 65.1
1999 65.6 64.2
1998 64.3 64
1997 67.5 63.3
1996 69.1 61.8
1995 69.8 61.4

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

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

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 77.8 for Sweden, ranking 14/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Sweden
Services, % of GDP
64.5%
2025
67%
2025
Industry, % of GDP
25.2%
2025
21%
2025
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
1.5%
2025
GNI, Atlas method
$5.03T
2025
$668B
2025
GNI per capita, PPP
$78,140
2025
$76,090
2025
Total reserves including gold
$572B
2025
$74.2B
2025
Total reserves ranking
7/177
2025
36/177
2025
Net foreign direct investment
$12.9B
2025
-$11.1B
2025
Net inflows of foreign direct investment
$62.6B
2024
$30.7B
2024
Net outflows of foreign direct investment
$87B
2024
$29.7B
2024
Poverty at national poverty lines
14.8%
2021
16.1%
2022
Gross capital formation, % of GDP
21.9%
2025
25.5%
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/sweden | 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 (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1800–1992, 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 (2024–2025, 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.