Israel has a GDP of $540B compared to $1.83B for San Marino, ranking 28/197 and 181/197 by economy size, respectively.
Israel has $367B in government debt (69.1% of GDP), compared to $1.31B (64.1% of GDP) in San Marino.
The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.
| Year | GDP | |||
|---|---|---|---|---|
|  |  | |||
| Current $ | Constant $ | Current $ | Constant $ | |
| 1960 | $3,070,585,807 | $18,583,908,318 | - | - | 
| 1961 | $3,708,586,471 | $20,666,029,079 | - | - | 
| 1962 | $2,966,154,031 | $22,764,895,217 | - | - | 
| 1963 | $3,535,949,089 | $25,199,765,384 | - | - | 
| 1964 | $4,024,344,853 | $27,199,917,741 | - | - | 
| 1965 | $4,329,084,429 | $29,647,352,060 | - | - | 
| 1966 | $4,703,300,098 | $29,623,738,826 | - | - | 
| 1967 | $4,762,386,783 | $30,510,977,644 | - | - | 
| 1968 | $5,458,427,928 | $35,466,555,951 | - | - | 
| 1969 | $6,297,852,761 | $40,277,843,296 | - | - | 
| 1970 | $7,406,712,876 | $43,221,080,450 | - | - | 
| 1971 | $7,052,544,000 | $47,954,251,679 | - | - | 
| 1972 | $9,222,557,539 | $53,779,040,921 | - | - | 
| 1973 | $11,902,574,259 | $56,783,925,432 | - | - | 
| 1974 | $17,172,607,138 | $60,461,344,100 | - | - | 
| 1975 | $16,141,767,373 | $62,421,996,171 | - | - | 
| 1976 | $15,956,349,550 | $62,623,309,265 | - | - | 
| 1977 | $18,257,113,904 | $63,271,647,907 | - | - | 
| 1978 | $17,701,286,907 | $66,786,442,968 | - | - | 
| 1979 | $22,609,741,060 | $70,932,422,328 | - | - | 
| 1980 | $25,395,256,478 | $72,117,307,131 | - | - | 
| 1981 | $26,882,009,819 | $75,968,318,466 | - | - | 
| 1982 | $29,255,285,401 | $77,550,358,896 | - | - | 
| 1983 | $32,675,755,462 | $80,155,353,983 | - | - | 
| 1984 | $30,645,607,293 | $80,903,374,864 | - | - | 
| 1985 | $28,905,736,367 | $84,169,395,855 | - | - | 
| 1986 | $35,834,154,874 | $87,696,215,125 | - | - | 
| 1987 | $43,049,543,635 | $93,957,471,742 | - | - | 
| 1988 | $52,650,948,910 | $96,691,649,504 | - | - | 
| 1989 | $52,443,479,454 | $97,247,381,691 | - | - | 
| 1990 | $62,016,729,541 | $104,361,221,373 | - | - | 
| 1991 | $70,998,755,007 | $112,424,289,466 | - | - | 
| 1992 | $79,457,685,757 | $121,147,589,382 | - | - | 
| 1993 | $79,855,877,174 | $126,134,940,469 | - | - | 
| 1994 | $90,740,103,829 | $135,504,048,695 | - | - | 
| 1995 | $105,497,418,059 | $144,451,278,945 | - | - | 
| 1996 | $115,116,595,545 | $152,886,422,507 | - | - | 
| 1997 | $119,459,826,347 | $158,409,209,239 | $976,606,694 | $1,248,966,330 | 
| 1998 | $120,547,409,279 | $164,922,938,836 | $1,048,316,128 | $1,342,209,396 | 
| 1999 | $121,417,185,062 | $170,360,909,595 | $1,109,473,368 | $1,463,670,758 | 
| 2000 | $136,512,300,542 | $184,981,435,200 | $1,007,661,367 | $1,495,569,702 | 
| 2001 | $135,002,039,613 | $185,495,549,158 | $1,059,529,812 | $1,578,997,708 | 
| 2002 | $125,332,331,884 | $185,246,850,388 | $1,148,872,072 | $1,583,905,238 | 
| 2003 | $131,408,914,824 | $187,931,184,127 | $1,462,590,267 | $1,645,249,360 | 
| 2004 | $140,047,984,605 | $196,666,032,830 | $1,715,340,543 | $1,720,089,190 | 
| 2005 | $147,519,922,009 | $205,295,323,131 | $1,786,514,058 | $1,761,803,193 | 
| 2006 | $158,900,547,825 | $216,795,201,343 | $1,909,765,165 | $1,829,281,727 | 
| 2007 | $184,681,214,673 | $230,503,919,634 | $2,188,654,628 | $1,959,331,267 | 
| 2008 | $221,231,658,863 | $237,930,977,208 | $2,403,213,305 | $1,949,516,207 | 
| 2009 | $213,403,181,853 | $240,875,924,093 | $2,064,277,126 | $1,748,307,486 | 
| 2010 | $239,679,036,634 | $254,206,817,527 | $1,881,191,925 | $1,652,610,655 | 
| 2011 | $268,094,998,225 | $268,235,973,748 | $1,813,717,439 | $1,515,199,821 | 
| 2012 | $263,589,172,712 | $274,800,159,647 | $1,604,701,299 | $1,408,461,048 | 
| 2013 | $298,478,070,673 | $286,027,695,014 | $1,678,741,475 | $1,397,419,106 | 
| 2014 | $315,017,088,117 | $296,827,610,046 | $1,673,911,426 | $1,387,604,047 | 
| 2015 | $303,469,434,072 | $303,469,434,072 | $1,419,401,071 | $1,419,401,071 | 
| 2016 | $321,940,971,558 | $317,003,511,449 | $1,468,343,140 | $1,452,677,592 | 
| 2017 | $358,451,839,053 | $330,783,435,889 | $1,528,620,346 | $1,456,429,357 | 
| 2018 | $376,299,083,108 | $344,027,669,320 | $1,655,353,653 | $1,478,187,033 | 
| 2019 | $400,645,216,359 | $356,792,803,356 | $1,616,232,125 | $1,508,721,723 | 
| 2020 | $410,768,352,658 | $349,579,824,803 | $1,544,714,493 | $1,408,423,248 | 
| 2021 | $489,851,549,972 | $382,399,686,302 | $1,855,396,000 | $1,604,162,946 | 
| 2022 | $525,181,008,026 | $406,350,386,042 | $1,831,700,577 | $1,730,866,818 | 
| 2023 | $512,184,638,999 | $413,772,459,124 | - | - | 
| 2024 | $540,379,921,262 | $417,380,424,316 | - | - | 
Economic indicators
|  |  | |
|---|---|---|
| Gross domestic product | 
$540B  2024 | 
$1.83B  2022 | 
| GDP rank | 
28/197  2024 | 
181/197  2022 | 
| GDP growth | 
5.5%  2023-2024 | 
-1.28%  2021-2022 | 
| GDP per capita | 
$54,177  2024 | 
$54,265  2022 | 
| GDP per capita rank | 
21/197  2024 | 
20/197  2022 | 
| GDP per capita, PPP | 
$55,691  2024 | 
$75,941  2022 | 
| Government debt | 
$367B  2024 | 
$1.31B  2022 | 
| Debt-to-GDP ratio | 
69.1%  2025 | 
64.1%  2025 | 
| Government debt per person | 
$36,774  2024 | 
$38,712  2022 | 
| Government debt per person rank | 
18/185  2024 | 
15/185  2022 | 
| Average annual personal income after taxes | 
$39,091  2025 | 
$44,308  2025 | 
| Market capitalization of domestic companies | 
$331B  2024 | n/a | 
| Number of millionaires | 
179,905  2024 | n/a | 
| Number of billionaires | 
41  2025 | n/a | 
| Income share by richest 10% | 
26.6%  2021 | n/a | 
| Income share by poorest 10% | 
2%  2021 | n/a | 
| Government expenditure, % of GDP | 
41.9%  2025 | 
22.1%  2025 | 
| Consumer prices inflation | 
3.07%  2023-2024 | 
2%  2024-2025 | 
| Central bank interest rate | 
4.5%  2024 | n/a | 
| Unemployment rate | 
2.9%  2024 | 
4.91%  2022 | 
| Population | 
10224104
 | 
33996
 | 
GDP per capita in Israel vs San Marino
Israel's GDP per capita is $54,177, ranking 21/197, compared to $54,265 in San Marino, ranking 20/197. Adjusted for purchasing power (GDP per capita PPP), Israel ranks 36th at $55,691, while San Marino ranks 17th at $75,941.
| Year | Current $ | |||
|---|---|---|---|---|
|  |  | |||
| GDP per capita | GDP per capita, PPP | GDP per capita | GDP per capita, PPP | |
| 1960 | $1,452 | - | - | - | 
| 1961 | $1,697 | - | - | - | 
| 1962 | $1,294 | - | - | - | 
| 1963 | $1,486 | - | - | - | 
| 1964 | $1,626 | - | - | - | 
| 1965 | $1,689 | - | - | - | 
| 1966 | $1,789 | - | - | - | 
| 1967 | $1,735 | - | - | - | 
| 1968 | $1,947 | - | - | - | 
| 1969 | $2,189 | - | - | - | 
| 1970 | $2,490 | - | - | - | 
| 1971 | $2,298 | - | - | - | 
| 1972 | $2,930 | - | - | - | 
| 1973 | $3,631 | - | - | - | 
| 1974 | $5,085 | - | - | - | 
| 1975 | $4,672 | - | - | - | 
| 1976 | $4,516 | - | - | - | 
| 1977 | $5,053 | - | - | - | 
| 1978 | $4,797 | - | - | - | 
| 1979 | $5,972 | - | - | - | 
| 1980 | $6,549 | - | - | - | 
| 1981 | $6,795 | - | - | - | 
| 1982 | $7,258 | - | - | - | 
| 1983 | $7,960 | - | - | - | 
| 1984 | $7,369 | - | - | - | 
| 1985 | $6,829 | - | - | - | 
| 1986 | $8,335 | - | - | - | 
| 1987 | $9,853 | - | - | - | 
| 1988 | $11,853 | - | - | - | 
| 1989 | $11,608 | - | - | - | 
| 1990 | $13,308 | $15,697 | - | - | 
| 1991 | $14,346 | $16,461 | - | - | 
| 1992 | $15,510 | $17,526 | - | - | 
| 1993 | $15,179 | $18,190 | - | - | 
| 1994 | $16,807 | $19,448 | - | - | 
| 1995 | $19,026 | $20,610 | - | - | 
| 1996 | $20,224 | $21,653 | - | - | 
| 1997 | $20,469 | $22,281 | $37,853 | $44,426 | 
| 1998 | $20,189 | $22,913 | $40,127 | $47,679 | 
| 1999 | $19,823 | $23,415 | $41,932 | $52,064 | 
| 2000 | $21,707 | $25,783 | $37,601 | $53,713 | 
| 2001 | $20,966 | $25,813 | $39,035 | $57,252 | 
| 2002 | $19,076 | $26,101 | $41,791 | $57,584 | 
| 2003 | $19,643 | $24,678 | $52,530 | $60,224 | 
| 2004 | $20,568 | $26,071 | $58,232 | $61,114 | 
| 2005 | $21,287 | $25,701 | $59,878 | $63,739 | 
| 2006 | $22,527 | $26,366 | $63,271 | $67,434 | 
| 2007 | $25,721 | $28,266 | $70,124 | $71,744 | 
| 2008 | $30,269 | $28,084 | $75,902 | $71,724 | 
| 2009 | $28,508 | $28,097 | $62,429 | $61,970 | 
| 2010 | $31,439 | $29,456 | $56,543 | $58,926 | 
| 2011 | $34,523 | $31,314 | $55,601 | $56,240 | 
| 2012 | $33,321 | $32,484 | $47,946 | $51,274 | 
| 2013 | $37,034 | $34,827 | $50,808 | $50,770 | 
| 2014 | $38,343 | $34,816 | $51,260 | $52,909 | 
| 2015 | $36,213 | $35,869 | $43,147 | $52,247 | 
| 2016 | $37,672 | $38,189 | $44,359 | $53,033 | 
| 2017 | $41,138 | $39,471 | $45,192 | $52,463 | 
| 2018 | $42,363 | $40,190 | $47,951 | $54,461 | 
| 2019 | $44,251 | $41,325 | $46,627 | $57,444 | 
| 2020 | $44,576 | $40,955 | $44,427 | $55,207 | 
| 2021 | $52,271 | $46,162 | $54,169 | $64,745 | 
| 2022 | $54,950 | $53,564 | $54,265 | $75,941 | 
| 2023 | $52,004 | $53,401 | - | - | 
| 2024 | $54,177 | $55,691 | - | - | 
Spending and national debt comparison
In 2024, Israel's government spending was $237B, accounting for 41.9% of its GDP, while San Marino's spent $397M, or 22.1% of GDP.
Debt-to-GDP ratio is 69.1% in Israel and 64.1% in San Marino, ranking 57/185 and 69/185, respectively.
| Year | % of GDP | |||
|---|---|---|---|---|
|  |  | |||
| Government spending | Government debt | Government spending | Government debt | |
| 1960 | 30.4% | - | - | - | 
| 1961 | 30.3% | - | - | - | 
| 1962 | 27.7% | - | - | - | 
| 1963 | 26.9% | - | - | - | 
| 1964 | 28.2% | - | - | - | 
| 1965 | 27.8% | - | - | - | 
| 1966 | 29.6% | - | - | - | 
| 1967 | 33.9% | - | - | - | 
| 1968 | 39.4% | - | - | - | 
| 1969 | 41.1% | - | - | - | 
| 1970 | 41.6% | - | - | - | 
| 1971 | - | - | - | - | 
| 1972 | - | 63.9% | - | - | 
| 1973 | - | 62.1% | - | - | 
| 1974 | - | 79.8% | - | - | 
| 1975 | 62% | 85.1% | - | - | 
| 1976 | 66.3% | 97.4% | - | - | 
| 1977 | 69.1% | 142% | - | - | 
| 1978 | 62.2% | 133.6% | - | - | 
| 1979 | 70.1% | 155.5% | - | - | 
| 1980 | 69.4% | 154.3% | - | - | 
| 1981 | 71.8% | - | - | - | 
| 1982 | 69.7% | - | - | - | 
| 1983 | - | 260.5% | - | - | 
| 1984 | - | 284% | - | - | 
| 1985 | 65.2% | 199% | - | - | 
| 1986 | 55.7% | 162.5% | - | - | 
| 1987 | 52.8% | 143.2% | - | - | 
| 1988 | 46.5% | 145.4% | - | - | 
| 1989 | 47.5% | 147.4% | - | - | 
| 1990 | 46.8% | 138.3% | - | - | 
| 1991 | 34.4% | 123.7% | - | - | 
| 1992 | 44.1% | 119.6% | - | - | 
| 1993 | 42.2% | 118.3% | - | - | 
| 1994 | 41.7% | 110.2% | - | - | 
| 1995 | 52.8% | 102.3% | - | - | 
| 1996 | 53.2% | 100.3% | - | - | 
| 1997 | 52.6% | 99.3% | - | - | 
| 1998 | 55% | 101% | - | - | 
| 1999 | 53.6% | 94.8% | - | - | 
| 2000 | 43.4% | 77.1% | - | - | 
| 2001 | 46.1% | 81% | - | 11.6% | 
| 2002 | 49.9% | 87.1% | - | 17.2% | 
| 2003 | 45.3% | 89.5% | - | 16.1% | 
| 2004 | 42.9% | 88.2% | 19% | 16.9% | 
| 2005 | 42.3% | 85.2% | 19.3% | 14.5% | 
| 2006 | 41.5% | 77.5% | 19.7% | 14.2% | 
| 2007 | 40.1% | 70.7% | 20.7% | 12.6% | 
| 2008 | 41.2% | 70.1% | 22% | 15.5% | 
| 2009 | 41.3% | 72.5% | 24.8% | 20.1% | 
| 2010 | 39.6% | 68.9% | 24.4% | 20% | 
| 2011 | 39.3% | 67.1% | 25.4% | 16.6% | 
| 2012 | 39.5% | 66.8% | 30.6% | 17.2% | 
| 2013 | 39.6% | 65.9% | 30.2% | 23.2% | 
| 2014 | 38.2% | 64.7% | 23.7% | 21% | 
| 2015 | 37.5% | 63% | 26.3% | 19.3% | 
| 2016 | 37.8% | 61.6% | 23.4% | 21.4% | 
| 2017 | 38.2% | 59.6% | 25.6% | 56.6% | 
| 2018 | 39.1% | 59.9% | 24.5% | 56.7% | 
| 2019 | 38.5% | 59.1% | 22.4% | 56.2% | 
| 2020 | 44.8% | 71.1% | 59.2% | 69.8% | 
| 2021 | 40% | 67.8% | 37.1% | 77.2% | 
| 2022 | 36.9% | 60.5% | 21.7% | 71.3% | 
| 2023 | 39.4% | 61.6% | 21.9% | 69.9% | 
| 2024 | 43.9% | 67.9% | 22.4% | 65.2% | 
| 2025 | 41.9% | 69.1% | 22.1% | 64.1% | 
Government deficit by year
In 2022, Israel's government surplus, the difference between spending and revenue, was $1.67B, equivalent to 0.32% of GDP. This compares to San Marino's surplus of $7.76M, or 0.42% of GDP.
Over the past 19 years, Israel recorded a fiscal deficit in 18 of those years, while San Marino ran a deficit in 12 years. On average, Israel posted an annual deficit equal to -3.19% of GDP, compared to deficit of -3.96% of GDP for San Marino.
| Year | Deficit/surplus, % of GDP | |
|---|---|---|
|  |  | |
| 1950 | -10.7% | - | 
| 1951 | -8.13% | - | 
| 1952 | -7.19% | - | 
| 1953 | -8.32% | - | 
| 1954 | -7.84% | - | 
| 1955 | -4.3% | - | 
| 1956 | -9.3% | - | 
| 1957 | -7.17% | - | 
| 1958 | -8.31% | - | 
| 1959 | -7.23% | - | 
| 1960 | -6.62% | - | 
| 1961 | -5.86% | - | 
| 1962 | -4.09% | - | 
| 1963 | -4.41% | - | 
| 1964 | -3.65% | - | 
| 1965 | -2.72% | - | 
| 1966 | -4.35% | - | 
| 1967 | -7.68% | - | 
| 1968 | -11.7% | - | 
| 1969 | -15.3% | - | 
| 1970 | -16% | - | 
| 1971 | -16% | - | 
| 1972 | -16% | - | 
| 1973 | -16% | - | 
| 1974 | -16% | - | 
| 1975 | -19.6% | - | 
| 1976 | -19.4% | - | 
| 1977 | -20.3% | - | 
| 1978 | -14.7% | - | 
| 1979 | -16.7% | - | 
| 1980 | -19.6% | - | 
| 1981 | -23.5% | - | 
| 1982 | -13.8% | - | 
| 1983 | -11.4% | - | 
| 1984 | -13.7% | - | 
| 1985 | -14.2% | - | 
| 1986 | -7.51% | - | 
| 1987 | -7.47% | - | 
| 1988 | -7.57% | - | 
| 1989 | -9.03% | - | 
| 1990 | -9.67% | - | 
| 1991 | -7.04% | - | 
| 1992 | -8% | - | 
| 1993 | -5.62% | - | 
| 1994 | -5.62% | - | 
| 1995 | -4.28% | - | 
| 1996 | -5.97% | - | 
| 1997 | -4.84% | - | 
| 1998 | -7.99% | - | 
| 1999 | -6.26% | - | 
| 2000 | -0.8% | - | 
| 2001 | -4.05% | - | 
| 2002 | -8.21% | - | 
| 2003 | -5.02% | - | 
| 2004 | -3.4% | 2.44% | 
| 2005 | -2.74% | 3.58% | 
| 2006 | -0.95% | 1.51% | 
| 2007 | -0.43% | 1.83% | 
| 2008 | -3.49% | 0.18% | 
| 2009 | -6.52% | -2.46% | 
| 2010 | -3.71% | -2.24% | 
| 2011 | -3.43% | -4.05% | 
| 2012 | -4.45% | -7.08% | 
| 2013 | -4.06% | -7.74% | 
| 2014 | -2.28% | 1.06% | 
| 2015 | -1.21% | -3.32% | 
| 2016 | -1.78% | -0.19% | 
| 2017 | -1.13% | -3.49% | 
| 2018 | -3.55% | -1.56% | 
| 2019 | -3.78% | -0.11% | 
| 2020 | -10.7% | -37.6% | 
| 2021 | -3.37% | -16.4% | 
| 2022 | 0.32% | 0.42% | 
| 2023 | -5.07% | -0.73% | 
| 2024 | -8.29% | -1.85% | 
| 2025 | -5.71% | -1.71% | 
Inflation comparison by year
Over the past 22 years, Israel has recorded an average annual inflation rate of 1.6%, compared with 1.95% in San Marino. In 2024, inflation was 3.07% in Israel and 2% in San Marino.
| Year | Inflation | ||
|---|---|---|---|
|  |  |  |  | 
| 1996 | 11.5% | - | |
| 1997 | 8.95% | - | |
| 1998 | 5.49% | - | |
| 1999 | 5.19% | - | |
| 2000 | 1.03% | - | |
| 2001 | 1.12% | - | |
| 2002 | 5.8% | - | |
| 2003 | 0.71% | 1.3% | |
| 2004 | -0.42% | 1.4% | |
| 2005 | 1.34% | 1.7% | |
| 2006 | 2.05% | 2.1% | |
| 2007 | 0.47% | 2.5% | |
| 2008 | 4.53% | 4.1% | |
| 2009 | 3.37% | 2.4% | |
| 2010 | 2.7% | 2.4% | |
| 2011 | 3.49% | 2.2% | |
| 2012 | 1.68% | 2.8% | |
| 2013 | 1.59% | 1.6% | |
| 2014 | 0.47% | 1.1% | |
| 2015 | -0.62% | 0.1% | |
| 2016 | -0.54% | 0.6% | |
| 2017 | 0.25% | 1% | |
| 2018 | 0.81% | 1.2% | |
| 2019 | 0.82% | 0.5% | |
| 2020 | -0.58% | -0.1% | |
| 2021 | 1.48% | 1.6% | |
| 2022 | 4.41% | 5.3% | |
| 2023 | 4.23% | 5.9% | |
| 2024 | 3.07% | 1.2% | |
| 2025 | - | 2% | |
Balance of trade
|  |  | |
|---|---|---|
| Current account balance | 
$16.7B  2024 | 
$284M  2022 | 
| Current account balance ranking | 
21/189  2024 | 
61/189  2022 | 
| Current account balance, % of GDP | 
+3.09%  2024 | 
+15.5%  2022 | 
| Goods imports | 
$96.5B  2024 | 
$2.32B  2022 | 
| Goods exports | 
$70.2B  2024 | 
$2.73B  2022 | 
| Service imports | 
$43.9B  2024 | 
$849M  2022 | 
| Service exports | 
$83B  2024 | 
$891M  2022 | 
| Imports of goods and services, % of GDP | 
26%  2024 | 
173%  2022 | 
| Exports of goods and services, % of GDP | 
28.4%  2024 | 
197.4%  2022 | 
Economic freedom indices
The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.
|  |  | |
|---|---|---|
| Economic freedom | 69.9 | 76 | 
| Economic freedom ranking | 37/197 | 16/197 | 
| Property rights | 77.2 | n/a | 
| Government integrity | 63.9 | n/a | 
| Judicial effectiveness | 68.1 | n/a | 
| Tax burden | 60.8 | n/a | 
| Government spending | 55.6 | n/a | 
| Fiscal health | 81.7 | n/a | 
| Business freedom | 73.4 | n/a | 
| Labor freedom | 58.3 | n/a | 
| Monetary freedom | 77.3 | n/a | 
| Trade freedom | 82.8 | n/a | 
| Investment freedom | 70 | n/a | 
| Financial freedom | 70 | n/a | 
More economic indicators
|  |  | |
|---|---|---|
| Services, % of GDP | 
72.5%  2024 | 
55.1%  2022 | 
| Industry, % of GDP | 
17.3%  2024 | 
37.6%  2022 | 
| Agriculture, forestry, and fishing, % of GDP | 
1.28%  2024 | 
0.01%  2022 | 
| GNI, Atlas method | 
$528B  2024 | 
$1.82B  2022 | 
| GNI per capita, PPP | 
$55,250  2024 | 
$69,360  2022 | 
| Total reserves including gold | 
$215B  2024 | 
$759M  2024 | 
| Total reserves ranking | 
18/177  2024 | 
147/177  2024 | 
| Net foreign direct investment | 
-$6.33B  2024 | 
-$20.3M  2022 | 
| Net inflows of foreign direct investment | 
$14.8B  2024 | 
$85.9M  2022 | 
| Net outflows of foreign direct investment | 
$9.92B  2024 | 
$65.6M  2022 | 
| Poverty at national poverty lines | 
22%  2020 | n/a | 
| Gross capital formation, % of GDP | 
23.4%  2024 | 
23%  2022 | 
GDP per capita map
GDP per capita
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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.
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.