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Economy of Greece vs Ireland compared: GDP & Debt

Updated on by Georank team

Greece has a GDP of $256B compared to $609B for Ireland, ranking 53/197 and 25/197 by economy size, respectively.

Greece has $397B in government debt (154.8% of GDP), compared to $236B (38.8% of GDP) in Ireland.

Greece vs Ireland GDP by year

Greece
Ireland
1x
Year GDP, current $
Greece Ireland
2024 $256,238,371,778 $609,157,459,747
2023 $242,946,187,738 $567,372,737,459
2022 $217,990,189,601 $548,341,794,599
2021 $218,303,801,895 $530,394,123,830
2020 $191,362,985,555 $436,009,027,819
2019 $207,305,649,887 $407,211,793,801
2018 $213,298,873,494 $395,780,319,817
2017 $200,381,103,984 $348,355,212,569
2016 $193,097,239,006 $305,431,252,709
2015 $194,567,373,678 $302,101,388,556
2014 $233,911,581,521 $266,490,442,124
2013 $236,556,279,641 $242,924,245,719
2012 $238,841,140,018 $226,921,827,888
2011 $283,228,079,776 $240,975,871,047
2010 $296,417,644,404 $221,732,824,603
2009 $326,829,054,686 $236,443,115,854
2008 $351,121,399,546 $275,447,471,451
2007 $314,226,996,944 $270,079,279,420
2006 $269,073,415,334 $232,180,617,162
2005 $242,315,668,619 $211,876,989,656
2004 $234,979,615,898 $194,372,115,041
2003 $196,930,509,813 $164,670,771,260
2002 $150,253,800,086 $128,596,035,288
2001 $132,050,474,720 $109,346,669,230
2000 $125,760,166,225 $100,207,610,430
1999 $137,131,371,955 $98,893,958,263
1998 $139,612,812,176 $90,199,410,116
1997 $138,766,067,640 $82,856,648,758
1996 $142,502,984,145 $75,790,786,290
1995 $134,974,613,914 $69,139,823,232
1994 $114,980,063,202 $57,097,656,066
1993 $107,295,704,518 $52,417,477,614
1992 $114,608,178,405 $55,918,538,121
1991 $103,680,863,713 $49,787,501,584
1990 $96,529,587,274 $49,305,632,408
1989 $78,067,933,277 $39,238,392,678
1988 $75,200,610,137 $37,772,896,221
1987 $64,739,630,096 $33,920,518,493
1986 $55,595,445,472 $28,714,571,852
1985 $47,155,741,426 $21,270,013,326
1984 $47,352,146,312 $20,106,648,455
1983 $48,741,397,059 $20,766,047,764
1982 $53,858,346,939 $21,474,752,962
1981 $51,618,456,335 $20,670,190,138
1980 $56,039,256,595 $21,747,855,640
1979 $53,724,121,435 $18,319,334,300
1978 $43,654,480,519 $14,647,996,074
1977 $35,673,080,481 $11,248,340,431
1976 $30,719,552,239 $9,453,756,015
1975 $28,129,128,587 $9,483,808,362
1974 $24,998,715,909 $7,896,860,615
1973 $22,037,019,563 $7,481,173,066
1972 $16,650,659,091 $6,318,060,582
1971 $14,388,806,818 $5,098,250,287
1970 $12,957,113,636 $4,395,995,086
1969 $11,454,106,327 $3,902,721,632
1968 $9,950,331,206 $3,378,701,147
1967 $9,146,592,856 $3,445,739,915
1966 $8,472,021,467 $3,198,820,904
1965 $7,582,209,670 $3,035,655,794
1964 $6,576,906,345 $2,851,091,646
1963 $5,813,285,627 $2,505,073,358
1962 $5,140,542,929 $2,329,372,972
1961 $4,892,397,431 $2,151,772,980
1960 $4,274,890,307 $1,998,550,222

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/greece/ireland | CC BY

GDP per capita in Greece vs Ireland by year

Greece
GDP per capita

GDP per capita, PPP
Ireland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Greece Ireland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $24,626 $44,327 $112,895 $133,437
2023 $23,344 $42,711 $106,819 $129,683
2022 $20,887 $39,612 $105,191 $138,523
2021 $20,655 $33,531 $103,783 $116,904
2020 $17,887 $29,533 $86,514 $97,800
2019 $19,335 $31,927 $81,828 $92,023
2018 $19,873 $29,792 $80,804 $86,299
2017 $18,632 $28,682 $72,161 $80,450
2016 $17,919 $27,505 $64,130 $73,013
2015 $17,981 $26,608 $64,250 $71,588
2014 $21,475 $26,450 $57,215 $52,641
2013 $21,573 $25,731 $52,538 $48,839
2012 $21,624 $24,583 $49,336 $46,726
2011 $25,505 $25,693 $52,614 $45,526
2010 $26,653 $27,839 $48,624 $43,212
2009 $29,425 $29,963 $52,133 $41,491
2008 $31,696 $30,441 $61,353 $44,169
2007 $28,441 $28,896 $61,396 $46,782
2006 $24,416 $28,076 $54,329 $44,223
2005 $22,054 $25,004 $50,933 $40,466
2004 $21,449 $24,826 $47,754 $38,729
2003 $18,021 $23,253 $41,204 $36,280
2002 $13,782 $21,985 $32,705 $35,222
2001 $12,157 $20,304 $28,282 $32,573
2000 $11,638 $18,820 $26,335 $30,216
1999 $12,743 $17,758 $26,338 $27,041
1998 $13,023 $17,434 $24,295 $25,094
1997 $13,016 $16,630 $22,551 $22,637
1996 $13,433 $15,778 $20,836 $20,482
1995 $12,779 $15,218 $19,158 $18,944
1994 $10,937 $14,667 $15,903 $17,011
1993 $10,257 $14,150 $14,657 $15,811
1992 $11,021 $14,130 $15,714 $15,116
1991 $10,047 $13,824 $14,087 $14,399
1990 $9,467 $13,126 $14,031 $13,743
1989 $7,738 - $11,176 -
1988 $7,492 - $10,716 -
1987 $6,474 - $9,582 -
1986 $5,578 - $8,112 -
1985 $4,747 - $6,012 -
1984 $4,785 - $5,692 -
1983 $4,950 - $5,915 -
1982 $5,502 - $6,161 -
1981 $5,305 - $5,986 -
1980 $5,812 - $6,372 -
1979 $5,627 - $5,430 -
1978 $4,629 - $4,400 -
1977 $3,832 - $3,427 -
1976 $3,343 - $2,920 -
1975 $3,109 - $2,973 -
1974 $2,789 - $2,517 -
1973 $2,468 - $2,424 -
1972 $1,873 - $2,080 -
1971 $1,629 - $1,704 -
1970 $1,474 - $1,487 -
1969 $1,306 - $1,331 -
1968 $1,138 - $1,159 -
1967 $1,053 - $1,187 -
1966 $984 - $1,107 -
1965 $887 - $1,055 -
1964 $773 - $995 -
1963 $686 - $878 -
1962 $608 - $821 -
1961 $583 - $762 -
1960 $513 - $707 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/greece/ireland | CC BY

Greece's GDP per capita is $24,626, ranking 49/197, compared to $112,895 in Ireland, ranking 4/197. Adjusted for purchasing power (GDP per capita PPP), Greece ranks 52nd at $44,327, while Ireland ranks 4th at $133,437.

Economic indicators

Greece Ireland
Gross domestic product
$256B
2024
$609B
2024
GDP rank
53/197
2024
25/197
2024
GDP growth
2.09%
2023-2024
2.6%
2023-2024
GDP per capita
$24,626
2024
$112,895
2024
GDP per capita rank
49/197
2024
4/197
2024
GDP per capita, PPP
$44,327
2024
$133,437
2024
GDP per capita PPP rank
52/197
2024
4/197
2024
Government debt
$397B
2024
$236B
2024
Debt-to-GDP ratio
154.8%
2024
38.8%
2024
Government debt per person
$38,119
2024
$43,766
2024
Government debt per person rank
16/185
2024
11/185
2024
Average annual personal income after taxes
$14,396
2026
$47,851
2026
Market capitalization of domestic companies
$83.2B
2024
$110B
2018
Number of billionaires
16
2025
11
2025
Income share by richest 10%
26%
2023
24.1%
2023
Income share by poorest 10%
2.7%
2023
3.7%
2023
Government expenditure, % of GDP
48%
2024
22.3%
2024
Consumer prices inflation
2.74%
2023-2024
2.11%
2023-2024
Unemployment rate
10%
2024
4.27%
2024
Population
10181414
5518360

Spending and national debt comparison by year

Greece
Spending

Debt
Ireland
Spending

Debt
1x
Year % of GDP
Greece Ireland
Government spending Government debt Government spending Government debt
2024 48% 154.8% 22.3% 38.8%
2023 49.5% 165.2% 22.1% 42.1%
2022 52.8% 178.4% 20.6% 43.2%
2021 56.7% 197.8% 23.6% 52.7%
2020 59.3% 209.9% 26.7% 57.1%
2019 47.6% 183.7% 23.9% 55.9%
2018 48.6% 189.6% 24.7% 61.4%
2017 48.5% 182.6% 25.3% 65.3%
2016 50.3% 183.7% 27.5% 72.7%
2015 51.9% 180% 28.1% 74%
2014 51.5% 182.8% 36.6% 101.4%
2013 53% 180.5% 39.8% 117.7%
2012 54.9% 164.3% 42.3% 118.9%
2011 55.1% 175.1% 46.9% 109.6%
2010 53.1% 147.8% 64.9% 86.2%
2009 54.8% 128.5% 46.9% 61.8%
2008 51.5% 110.9% 41.6% 42.5%
2007 47.8% 104.6% 35.6% 23.9%
2006 45.9% 105.3% 33.6% 23.7%
2005 46.6% 109.9% 33% 26.1%
2004 48.8% 105.5% 32.8% 28.1%
2003 47.9% 104.3% 32.7% 29.8%
2002 47.1% 107.9% 32.9% 30.9%
2001 47.5% 110.5% 32.2% 33.6%
2000 48.2% 108.9% 30.6% 36.4%
1999 48% 102.8% 32.5% 46.6%
1998 46.7% 100.8% 34.2% 51.4%
1997 45.1% 102.6% 36.1% 61.6%
1996 46.1% 103.7% 38.5% 69.8%
1995 46.6% 100.4% 40.3% 78.5%
1994 36.9% 99.7% 44.2% 88%
1993 38.6% 101.7% 44.6% 93.4%
1992 36.9% 81.1% 46.8% 90.6%
1991 35.2% 75.7% 46.1% 93.8%
1990 38.5% 74.2% 44.6% 92.7%
1989 34.8% 60.7% 42.5% 97.9%
1988 33.8% 57.9% 48.2% 106.5%
1987 34% 53.2% 51.4% 108.3%
1986 33.8% 47.8% 52.9% 107.2%
1985 34.2% 47.3% 53.2% 93%
1984 32% 40.6% 52.7% 90.2%
1983 30.2% 34.1% 55.6% 86.1%
1982 28.7% 29.7% 56.7% 73.5%
1981 28.1% 27.1% 54.1% 68.8%
1980 24.5% 22.8% 53.7% 64.6%
1979 24.1% 22.7% 48.7% 63.5%
1978 30.1% 32.3% 46.2% 50.6%
1977 30.1% 24.5% 44.6% 49.2%
1976 29.1% 23.7% 47.8% 51.7%
1975 28.7% 24.1% 48.2% 48.3%
1974 25.3% 22.5% 44.3% 43.5%
1973 24.3% 22% 40.3% 35.1%
1972 26.8% 26.5% 41.5% 37.3%
1971 25.8% 25% 45.3% 39.8%
1970 25.2% 24.7% 44.1% 41.7%
1969 29.7% 25.8% 42.5% 42.6%
1968 26.3% 23% 40% 44.7%
1967 24.6% 21.1% 39.3% 47.1%
1966 22.8% 19% 36.9% 47.7%
1965 21.7% 16.5% 35.8% 44.6%
1964 20.4% 21.3% 34.8% 43.1%
1963 19.5% 22.6% 33.6% 45.2%
1962 19.7% 16.6% 31.7% 44.5%
1961 19.3% 14.4% 31.4% 44.3%
1960 20% 13.4% 29.1% 44.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/greece/ireland | CC BY

In 2024, Greece's government spending was $123B, accounting for 48% of its GDP, while Ireland spent $136B, or 22.3% of GDP.

Debt-to-GDP ratio is 154.8% in Greece and 38.8% in Ireland, ranking 7/185 and 138/185, respectively.

Government deficit by year

Deficit/surplus
Greece

Ireland
1x
Year Deficit/surplus, % of GDP
Greece Ireland
2024 1.34% 4.09%
2023 -1.35% 1.52%
2022 -2.46% 1.67%
2021 -7.58% -1.37%
2020 -10.3% -4.87%
2019 -0.09% 0.41%
2018 0.78% 0.09%
2017 1.05% -0.3%
2016 0.28% -0.76%
2015 -3.03% -1.97%
2014 -4.29% -3.52%
2013 -4.06% -6.28%
2012 -6.94% -8.42%
2011 -10.5% -13.5%
2010 -11.4% -32.1%
2009 -15.4% -13.9%
2008 -10.3% -7.03%
2007 -6.81% 0.27%
2006 -6.04% 2.78%
2005 -6.33% 1.57%
2004 -9.05% 1.3%
2003 -8.05% 0.35%
2002 -6.2% -0.52%
2001 -5.64% 0.96%
2000 -4.21% 4.86%
1999 -6.02% 3.54%
1998 -6.48% 2.07%
1997 -6.25% 1.37%
1996 -8.35% -0.2%
1995 -9.87% -2.07%
1994 -8.48% -1.82%
1993 -11.5% -2.62%
1992 -10.6% -2.84%
1991 -9.63% -2.8%
1990 -13.3% -2.69%
1989 -11.9% -2.64%
1988 -9.63% -4.62%
1987 -8.09% -8.47%
1986 -8.62% -10.5%
1985 -9.56% -10.7%
1984 -7.19% -9.43%
1983 -6.17% -11.5%
1982 -5.49% -13.1%
1981 -7.08% -12.1%
1980 -2.5% -11.1%
1979 -2.34% -10%
1978 -5.39% -8.27%
1977 -5.21% -6.44%
1976 -5.05% -7.34%
1975 -5.3% -11.1%
1974 -4.39% -6.96%
1973 -3.71% -3.84%
1972 -4.16% -3.23%
1971 -3.32% -3.5%
1970 -3.24% -3.64%
1969 -6.65% -3.4%
1968 -3.39% -2.72%
1967 -2.59% -2.69%
1966 -2.17% -2.26%
1965 -2.55% -3.5%
1964 -2.89% -3.35%
1963 -2.25% -2.92%
1962 -2.4% -2.91%
1961 -2.69% -2.6%
1960 -3.3% -1.97%
1959 -2.77% -2.16%
1958 -2.27% -4.3%
1957 -2.45% -5.19%
1956 -0.39% -3.23%
1955 -3.57% -5.06%
1954 -2.87% -5.28%
1953 -3.01% -5.77%
1952 -7.21% -7.84%
1951 -11.5% -4.62%
1950 -12.7% -5.21%
1949 -10.4% -2.17%
1948 -7.65% -1.29%
1947 - -1.8%
1946 - -0.43%
1945 - -0.43%
1944 - 0.39%
1943 - -1.18%
1942 - -2.48%
1941 - -1.42%
1940 - -0.15%
1939 0.48% -7.31%
1938 1.78% -0.92%
1937 1.06% -0.77%
1936 0.95% -0.19%
1935 0.72% -
1934 0.88% -
1933 -2.79% 2.97%
1932 -1.78% -
1931 -4% -1.63%
1930 -2.23% -
1929 -18.7% -3.41%
1928 -0.27% -
1927 2.65% -
1926 - -1.95%
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -8.96% -
1912 -7.43% -
1911 -4.61% -
1910 -1.53% -
1909 -2.64% -
1908 -1.54% -
1907 -1.23% -
1906 0.66% -
1905 0.91% -
1904 -0.04% -
1903 -0.22% -
1902 -1.67% -
1901 0.1% -
1900 0.41% -
1899 0.86% -
1898 -34.5% -
1897 -8.46% -
1896 0.82% -
1895 0.37% -
1894 2.91% -
1893 0.14% -
1892 -2.28% -
1891 -6.48% -
1890 -11.2% -
1889 -15.7% -
1888 -3.59% -
1887 -4.88% -
1886 -11.5% -
1885 -12.1% -
1884 -7.16% -
1883 -2.42% -
1882 -1.69% -
1881 -14.5% -
1880 -13.5% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/greece/ireland | CC BY

In 2024, Greece's government surplus, the difference between spending and revenue, was $3.43B, equivalent to 1.34% of GDP. This compares to Ireland's surplus of $24.9B, or 4.09% of GDP.

Over the past 65 years, Greece recorded a fiscal deficit in 61 of those years, while Ireland ran a deficit in 50 years. On average, Greece posted an annual deficit equal to 5.79% of GDP, compared to deficit of 4.15% of GDP for Ireland.

Inflation comparison by year

Inflation
Greece

Ireland
1x
Year Consumer prices inflation
Greece Ireland
2024 2.74% 2.11%
2023 3.46% 6.3%
2022 9.65% 7.83%
2021 1.22% 2.34%
2020 -1.25% -0.33%
2019 0.25% 0.94%
2018 0.63% 0.47%
2017 1.12% 0.36%
2016 -0.83% 0.02%
2015 -1.74% -0.33%
2014 -1.31% 0.19%
2013 -0.92% 0.52%
2012 1.5% 1.69%
2011 3.33% 2.55%
2010 4.71% -0.92%
2009 1.21% -4.45%
2008 4.15% 4.04%
2007 2.9% 4.89%
2006 3.2% 3.94%
2005 3.55% 2.46%
2004 2.9% 2.18%
2003 3.53% 3.49%
2002 3.63% 4.63%
2001 3.37% 4.85%
2000 3.15% 5.58%
1999 2.64% 1.63%
1998 4.77% 2.41%
1997 5.54% 1.54%

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

GeoRank.org/economy/greece/ireland | CC BY

Over the past 28 years, Greece has recorded an average annual inflation rate of 2.4%, compared with 2.18% in Ireland. In 2024, inflation was 2.74% in Greece and 2.11% in Ireland.

Top exports between countries

Greece
Export category Export value
Transport & tourism services $338M
Business & finance services $254M
Raw materials & minerals $136M
Chemicals & pharma $131M
IT & IP services $119M
Manufacturing & construction services $37.8M
Metals $30.1M
Machinery & equipment $17.6M
Animal & marine products $16.2M
Processed food, beverages & tobacco $13M
Ireland
Export category Export value
IT & IP services $908M
Chemicals & pharma $416M
Business & finance services $176M
Machinery & equipment $47.5M
Animal & marine products $29.4M
Processed food, beverages & tobacco $28.7M
Transport & tourism services $20.5M
Raw materials & minerals $3M
Precious metals & jewellery $2.79M
Textiles & consumer goods $1.7M

Balance of trade

Greece Ireland
Current account balance
-$18.2B
2024
$106B
2024
Current account balance ranking
182/190
2024
6/190
2024
Current account balance, % of GDP
-7.11%
2024
+17.4%
2024
Goods imports
$91.2B
2024
$165B
2024
Goods exports
$52.6B
2024
$356B
2024
Service imports
$31.1B
2024
$467B
2024
Service exports
$55.8B
2024
$526B
2024
Imports of goods and services, % of GDP
47.7%
2024
102.2%
2024
Exports of goods and services, % of GDP
42.1%
2024
144%
2024

Economic freedom indices

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

Greece Ireland
Economic freedom 63.2 83.3
Economic freedom ranking 82/197 3/197
Property rights 78 94.4
Government integrity 54.8 84
Judicial effectiveness 68 95.4
Tax burden 59.9 77.7
Government spending 24.7 85.9
Fiscal health 78.9 97
Business freedom 77.8 85.5
Labor freedom 59.7 61.3
Monetary freedom 72.6 79.3
Trade freedom 79.4 79.4
Investment freedom 55 90
Financial freedom 50 70

Economic freedom comparison by year

Greece
Ireland
1x
Year Economic freedom index
Greece Ireland
2026 63.2 83.3
2025 60.6 83.1
2024 55.1 82.6
2023 56.9 82
2022 61.5 82
2021 60.9 81.4
2020 59.9 80.9
2019 57.7 80.5
2018 57.3 80.4
2017 55 76.7
2016 53.2 77.3
2015 54 76.6
2014 55.7 76.2
2013 55.4 75.7
2012 55.4 76.9
2011 60.3 78.7
2010 62.7 81.3
2009 60.8 82.2
2008 60.6 82.5
2007 58.7 82.6
2006 60.1 82.2
2005 59 80.8
2004 59.1 80.3
2003 58.8 80.9
2002 59.1 80.5
2001 63.4 81.2
2000 61 76.1
1999 61 74.6
1998 60.6 73.7
1997 59.6 72.6
1996 60.5 68.5
1995 61.2 68.5

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

GeoRank.org/economy/greece/ireland | CC BY

The Economic Freedom Index for Greece is 63.2, ranking 82/197, compared to 83.3 for Ireland, ranking 3/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Greece Ireland
Services, % of GDP
68%
2024
60.6%
2024
Industry, % of GDP
15%
2024
33.6%
2024
Agriculture, forestry, and fishing, % of GDP
3.77%
2024
1.02%
2024
GNI, Atlas method
$236B
2024
$435B
2024
GNI per capita, PPP
$43,340
2024
$101,180
2024
Total reserves including gold
$15.2B
2024
$12.7B
2024
Total reserves ranking
67/177
2024
73/177
2024
Net foreign direct investment
-$4.52B
2024
$62.3B
2024
Net inflows of foreign direct investment
$6.74B
2024
$4.82B
2024
Net outflows of foreign direct investment
$2.22B
2024
$67.1B
2024
Poverty at national poverty lines
18.8%
2021
14%
2021
Gross capital formation, % of GDP
18.3%
2024
18.2%
2024

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).

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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 (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.