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Economy of Germany vs Vanuatu compared: GDP & Debt

Updated on by Georank team

Germany has a GDP of $4.69T compared to $1.12B for Vanuatu, ranking 3/197 and 188/197 by economy size, respectively.

Germany has $2.97T in government debt (63.5% of GDP), compared to $507M (45.3% of GDP) in Vanuatu.

Germany vs Vanuatu GDP by year

Germany
Vanuatu
1x
Year GDP, current $
Germany Vanuatu
2024 $4,685,592,577,805 $1,117,972,034
2023 $4,562,207,532,490 $1,115,861,056
2022 $4,201,021,706,479 $1,055,031,361
2021 $4,355,251,953,411 $950,394,007
2020 $3,941,398,957,074 $909,421,044
2019 $3,959,894,794,039 $936,526,268
2018 $4,055,433,215,302 $914,727,908
2017 $3,765,351,626,106 $880,043,284
2016 $3,536,787,895,179 $804,323,577
2015 $3,425,099,578,746 $759,690,181
2014 $3,964,870,735,761 $773,717,011
2013 $3,807,023,797,051 $758,304,466
2012 $3,596,483,233,406 $747,839,698
2011 $3,823,575,803,794 $770,153,588
2010 $3,467,093,769,667 $670,712,980
2009 $3,478,545,516,684 $592,622,319
2008 $3,808,197,720,125 $590,748,429
2007 $3,484,056,680,855 $516,392,923
2006 $3,046,308,753,671 $439,358,587
2005 $2,893,393,187,362 $394,962,433
2004 $2,852,317,768,062 $364,996,869
2003 $2,534,715,518,349 $314,471,413
2002 $2,102,350,798,306 $262,596,536
2001 $1,966,381,496,642 $257,926,882
2000 $1,966,980,701,145 $272,014,628
1999 $2,213,873,468,587 $268,006,973
1998 $2,247,760,364,566 $262,293,411
1997 $2,218,790,886,533 $272,771,209
1996 $2,506,576,553,158 $261,370,044
1995 $2,593,053,091,306 $249,333,250
1994 $2,215,282,632,277 $233,701,301
1993 $2,078,954,217,438 $200,491,853
1992 $2,141,377,582,968 $209,088,825
1991 $1,875,792,575,133 $201,334,169
1990 $1,778,162,195,860 $168,879,207
1989 $1,404,092,925,205 $154,013,202
1988 $1,406,367,016,372 $158,351,368
1987 $1,302,932,318,825 $139,464,174
1986 $1,050,092,624,516 $126,498,935
1985 $735,218,723,093 $131,856,421
1984 $727,767,760,979 $144,482,515
1983 $773,507,930,295 $117,389,554
1982 $779,421,633,755 $114,501,913
1981 $803,404,797,058 $113,781,796
1980 $953,772,499,462 $121,185,498
1979 $884,574,218,333 $119,258,835
1978 $743,182,891,918 -
1977 $602,698,323,086 -
1976 $521,658,712,133 -
1975 $492,434,094,920 -
1974 $446,934,971,657 -
1973 $399,833,571,167 -
1972 $300,899,944,795 -
1971 $250,900,942,397 -
1970 $216,629,229,947 -
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Germany vs Vanuatu by year

Germany
GDP per capita

GDP per capita, PPP
Vanuatu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Vanuatu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $56,104 $73,552 $3,411 $3,606
2023 $54,777 $71,684 $3,483 $3,568
2022 $50,507 $69,049 $3,370 $3,453
2021 $52,349 $62,531 $3,107 $3,136
2020 $47,395 $58,686 $3,043 $3,118
2019 $47,656 $59,271 $3,207 $3,315
2018 $48,916 $56,273 $3,207 $3,233
2017 $45,554 $54,110 $3,160 $3,146
2016 $42,949 $51,570 $2,956 $3,030
2015 $41,930 $48,545 $2,855 $2,966
2014 $48,960 $47,939 $2,973 $2,890
2013 $47,207 $45,889 $2,980 $2,832
2012 $44,718 $44,229 $3,005 $2,834
2011 $47,631 $43,398 $3,163 $2,816
2010 $42,397 $39,726 $2,815 $2,733
2009 $42,472 $37,574 $2,546 $2,730
2008 $46,379 $38,444 $2,604 $2,701
2007 $42,351 $36,914 $2,334 $2,573
2006 $36,980 $34,741 $2,035 $2,496
2005 $35,084 $32,314 $1,874 $2,287
2004 $34,567 $31,753 $1,774 $2,157
2003 $30,711 $30,301 $1,567 $2,070
2002 $25,487 $29,514 $1,341 $1,995
2001 $23,878 $28,674 $1,350 $2,125
2000 $23,926 $27,474 $1,460 $2,206
1999 $26,965 $26,518 $1,472 $2,084
1998 $27,396 $25,446 $1,471 $2,091
1997 $27,047 $24,649 $1,562 $2,087
1996 $30,600 $24,169 $1,529 $1,998
1995 $31,747 $23,631 $1,492 $1,961
1994 $27,202 $22,869 $1,431 $1,946
1993 $25,617 $21,900 $1,257 $1,789
1992 $26,560 $21,746 $1,344 $1,777
1991 $23,443 $21,001 $1,326 $1,737
1990 $22,386 $19,468 $1,141 $1,670
1989 $17,829 - $1,067 -
1988 $17,997 - $1,125 -
1987 $16,739 - $1,017 -
1986 $13,511 - $946 -
1985 $9,464 - $1,012 -
1984 $9,347 - $1,137 -
1983 $9,900 - $947 -
1982 $9,950 - $946 -
1981 $10,246 - $962 -
1980 $12,183 - $1,048 -
1979 $11,322 - $1,055 -
1978 $9,517 - - -
1977 $7,711 - - -
1976 $6,659 - - -
1975 $6,259 - - -
1974 $5,660 - - -
1973 $5,065 - - -
1972 $3,824 - - -
1971 $3,204 - - -
1970 $2,771 - - -
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 (1960–2024, retrieved 2026-04-06).

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

Germany's GDP per capita is $56,104, ranking 19/197, compared to $3,411 in Vanuatu, ranking 137/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Vanuatu ranks 170th at $3,606.

Economic indicators

Germany Vanuatu
Gross domestic product
$4.69T
2024
$1.12B
2024
GDP rank
3/197
2024
188/197
2024
GDP growth
-0.5%
2023-2024
0.94%
2023-2024
GDP per capita
$56,104
2024
$3,411
2024
GDP per capita rank
19/197
2024
137/197
2024
GDP per capita, PPP
$73,552
2024
$3,606
2024
GDP per capita PPP rank
20/197
2024
170/197
2024
Government debt
$2.97T
2024
$507M
2024
Debt-to-GDP ratio
63.5%
2024
45.3%
2024
Government debt per person
$35,606
2024
$1,546
2024
Government debt per person rank
21/185
2024
131/185
2024
Average annual personal income after taxes
$41,775
2026
$3,164
2026
Market capitalization of domestic companies
$2.04T
2024
n/a
Number of millionaires
2,675,000
2025
n/a
Number of billionaires
171
2025
n/a
Income share by richest 10%
25%
2020
24.7%
2019
Income share by poorest 10%
2.9%
2020
3%
2019
Government expenditure, % of GDP
49.4%
2024
41.1%
2024
Consumer prices inflation
2.26%
2023-2024
11.2%
2022-2023
Unemployment rate
3.37%
2024
4.05%
2020
Population
82575542
344750

Spending and national debt comparison by year

Germany
Spending

Debt
Vanuatu
Spending

Debt
1x
Year % of GDP
Germany Vanuatu
Government spending Government debt Government spending Government debt
2024 49.4% 63.5% 41.1% 45.3%
2023 48.1% 62.4% 41.6% 41.8%
2022 48.6% 64.4% 42% 42.8%
2021 50.7% 68% 44.4% 48.5%
2020 51.1% 68% 43.4% 48%
2019 45.5% 58.7% 39.8% 45.1%
2018 44.7% 60.8% 33.3% 45.3%
2017 44.5% 64% 37.1% 52.6%
2016 44.7% 68.3% 35.2% 42.5%
2015 44.5% 71.2% 42.4% 36.3%
2014 44.5% 74.5% 23.3% 20.2%
2013 45.2% 77.5% 22.9% 18.6%
2012 45.1% 79.8% 24.5% 19.3%
2011 45.3% 78.5% 25.1% 21.3%
2010 48.1% 81% 28.3% 20.2%
2009 48.3% 72.4% 27.6% 21.1%
2008 44.4% 65.2% 27.8% 21.2%
2007 43.5% 63.7% 22.5% 19.5%
2006 45.3% 66.4% 20.1% 22.2%
2005 46.9% 67.1% 18.3% 26.3%
2004 47% 65% 18.5% 30.4%
2003 48.5% 63.3% 18.8% 38.3%
2002 48.2% 59.8% 22.3% 38.8%
2001 47.7% 58.1% 22.3% 37%
2000 48.1% 59.2% 25.4% 36.1%
1999 48.5% 60.3% 23.9% 30.6%
1998 48.3% 59.4% 27.9% 28%
1997 48.8% 58.8% 22.2% 22.9%
1996 49.6% 57.7% 24.5% 23.1%
1995 55.2% 54.9% 28% 24.1%
1994 48.3% 47.5% 24.4% 21.6%
1993 48.3% 45.1% 26.2% 20.3%
1992 47.4% 41.4% 31.8% 21%
1991 46.5% 39% 33.2% 15.9%
1990 44.7% 40.7% - -
1989 44.3% 39.2% - -
1988 45.6% 40.5% - -
1987 46% 40.1% - -
1986 45.7% 39.1% - -
1985 46.6% 39.2% - -
1984 47.2% 38.7% - -
1983 47.9% 38% - -
1982 49.1% 36.4% - -
1981 49% 33.6% - -
1980 48.2% 30.1% - -
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - -
1976 49.4% 25.1% - -
1975 50.3% 23.7% - -
1974 46% 18.5% - -
1973 42.4% 17.3% - -
1972 41.8% 18% - -
1971 40.9% 17.7% - -
1970 39.5% 17.7% - -
1969 29.7% 20.3% - -
1968 28.5% 22.5% - -
1967 28.8% 22.5% - -
1966 28.3% 19.8% - -
1965 28.4% 18.7% - -
1964 29% 18.2% - -
1963 29.1% 18.1% - -
1962 29.2% 17.6% - -
1961 28.8% 18.7% - -
1960 22.9% 18.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-02-20).

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

In 2024, Germany's government spending was $2.32T, accounting for 49.4% of its GDP, while Vanuatu spent $459M, or 41.1% of GDP.

Debt-to-GDP ratio is 63.5% in Germany and 45.3% in Vanuatu, ranking 72/185 and 119/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Vanuatu
1x
Year Deficit/surplus, % of GDP
Germany Vanuatu
2024 -2.66% -2.34%
2023 -2.49% -0.95%
2022 -1.91% -6.5%
2021 -3.17% 2.38%
2020 -4.38% -1.95%
2019 1.33% 2.81%
2018 1.88% 6.26%
2017 1.34% -1.2%
2016 1.13% -0.72%
2015 0.91% -8.66%
2014 0.73% 1.44%
2013 0.12% -0.25%
2012 -0.05% -1.7%
2011 -0.84% -2.19%
2010 -4.42% -2.63%
2009 -3.18% -0.85%
2008 -0.26% -0.04%
2007 0.15% 0.28%
2006 -1.76% 0.49%
2005 -3.37% 1.86%
2004 -3.42% 0.8%
2003 -3.83% -1.35%
2002 -4.09% -3.63%
2001 -3.12% -3.33%
2000 -1.71% -6.28%
1999 -1.87% -0.55%
1998 -2.65% -6.65%
1997 -3.03% -0.51%
1996 -3.64% -1.78%
1995 -9.44% -2.59%
1994 -2.54% -1.49%
1993 -3.11% -3.67%
1992 -2.63% -2.32%
1991 -3.21% -2.81%
1990 -1.94% -
1989 0.08% -
1988 -2.02% -
1987 -1.85% -
1986 -1.18% -
1985 -1.18% -
1984 -2.04% -
1983 -2.95% -
1982 -3.56% -
1981 -4.03% -
1980 -3.02% -
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% -
1967 2.73% -
1966 1.76% -
1965 2.26% -
1964 1.49% -
1963 1.43% -
1962 0.49% -
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 (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/germany/vanuatu | 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 Vanuatu's deficit of $26.2M, or 2.34% of GDP.

Over the past 34 years, Germany recorded a fiscal deficit in 26 of those years, while Vanuatu ran a deficit in 26 years. On average, Germany posted an annual deficit equal to 2.03% of GDP, compared to deficit of 1.49% of GDP for Vanuatu.

Inflation comparison by year

Inflation
Germany

Vanuatu
1x
Year Consumer prices inflation
Germany Vanuatu
2024 2.26% -
2023 5.95% 11.2%
2022 6.87% 6.68%
2021 3.07% 2.34%
2020 0.14% 5.33%
2019 1.45% 2.76%
2018 1.73% 2.33%
2017 1.51% 3.08%
2016 0.49% 0.84%
2015 0.51% 2.48%
2014 0.91% 0.8%
2013 1.5% 1.46%
2012 2.01% 1.35%
2011 2.08% 0.87%
2010 1.1% 2.76%
2009 0.31% 4.3%
2008 2.63% 4.84%
2007 2.3% 3.94%
2006 1.58% 2.04%
2005 1.55% 1.2%
2004 1.67% 1.42%
2003 1.03% 3.02%
2002 1.42% 1.96%
2001 1.98% 3.58%
2000 1.44% 2.54%
1999 0.59% 2%
1998 0.91% 3.28%
1997 1.94% 2.83%

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

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

Over the past 27 years, Germany has recorded an average annual inflation rate of 1.8%, compared with 3.01% in Vanuatu. In 2023, inflation was 2.26% in Germany and 11.2% in Vanuatu.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $1.03M
Miscellaneous $130K
Textiles & consumer goods $55K
Processed food, beverages & tobacco $44K
Metals $40K
Chemicals & pharma $25K
Raw materials & minerals $10K
Precious metals & jewellery $9K
Wood & paper products $6K
Vanuatu
Export category Export value
Animal & marine products $167K
Raw agricultural goods $120K
Processed food, beverages & tobacco $44K
Miscellaneous $8K

Balance of trade

Germany Vanuatu
Current account balance
$270B
2024
-$127M
2022
Current account balance ranking
2/190
2024
90/190
2022
Current account balance, % of GDP
+5.77%
2024
-12.1%
2022
Goods imports
$1.21T
2024
$350M
2022
Goods exports
$1.47T
2024
$73.6M
2022
Service imports
$548B
2024
$230M
2022
Service exports
$470B
2024
$78.5M
2022
Imports of goods and services, % of GDP
37.7%
2024
54.2%
2022
Exports of goods and services, % of GDP
41.4%
2024
9.43%
2022

Economic freedom indices

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

Germany Vanuatu
Economic freedom 71.7 61.1
Economic freedom ranking 30/197 92/197
Property rights 95.5 62.1
Government integrity 84.5 48.3
Judicial effectiveness 94.6 67.9
Tax burden 60.5 96.9
Government spending 28.8 48.1
Fiscal health 83.1 78.8
Business freedom 79.8 50.3
Labor freedom 52.2 41
Monetary freedom 72.5 72.1
Trade freedom 79.4 62
Investment freedom 60 65
Financial freedom 70 40

Economic freedom comparison by year

Germany
Vanuatu
1x
Year Economic freedom index
Germany Vanuatu
2026 71.7 61.1
2025 71.6 61.8
2024 72.1 62.2
2023 73.7 62.1
2022 76.1 62.9
2021 72.5 60.5
2020 73.5 60.7
2019 73.5 56.4
2018 74.2 69.5
2017 73.8 67.4
2016 74.4 60.8
2015 73.8 61.1
2014 73.4 59.5
2013 72.8 56.6
2012 71 56.6
2011 71.8 56.7
2010 71.1 56.4
2009 70.5 58.4
2008 70.6 -
2007 70.8 -
2006 70.8 -
2005 68.1 -
2004 69.5 -
2003 69.7 -
2002 70.4 -
2001 69.5 -
2000 65.7 -
1999 65.6 -
1998 64.3 -
1997 67.5 -
1996 69.1 -
1995 69.8 -

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

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

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 61.1 for Vanuatu, ranking 92/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Vanuatu
Services, % of GDP
64%
2024
59.1%
2022
Industry, % of GDP
25.6%
2024
7.37%
2022
Agriculture, forestry, and fishing, % of GDP
0.91%
2024
24.3%
2022
GNI, Atlas method
$4.6T
2024
$1.28B
2024
GNI per capita, PPP
$76,180
2024
$4,140
2024
Total reserves including gold
$378B
2024
$615M
2024
Total reserves ranking
10/177
2024
152/177
2024
Net foreign direct investment
$32.6B
2024
-$9.21M
2022
Net inflows of foreign direct investment
$47.6B
2024
$28.9M
2024
Net outflows of foreign direct investment
$80.2B
2024
$2.79M
2024
Servicing debt to the IMF, % of GNI n/a
2.04%
2024
Poverty at national poverty lines
14.8%
2021
15.9%
2020
Gross capital formation, % of GDP
21.5%
2024
38.3%
2022

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/vanuatu | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, 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 (2011–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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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.