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Economy of Niger vs Sweden compared: GDP & Debt

Updated on by Georank team

Niger has a GDP of $19.9B compared to $604B for Sweden, ranking 130/197 and 26/197 by economy size, respectively.

Niger has $9.39B in government debt (47.2% of GDP), compared to $199B (33% of GDP) in Sweden.

Niger vs Sweden GDP by year

Niger
Sweden
1x
Year GDP, current $
Niger Sweden
2024 $19,876,128,486 $603,715,224,266
2023 $16,698,786,978 $578,990,915,246
2022 $15,433,852,712 $575,071,237,641
2021 $14,915,002,436 $631,693,331,301
2020 $13,744,653,103 $544,265,668,452
2019 $12,889,555,561 $530,894,124,494
2018 $12,837,307,497 $549,649,344,043
2017 $11,185,104,252 $535,172,356,785
2016 $10,398,861,982 $513,058,312,951
2015 $9,683,867,926 $501,602,351,912
2014 $10,862,943,544 $577,727,767,304
2013 $10,224,897,438 $584,125,353,119
2012 $9,426,912,648 $549,739,674,655
2011 $8,772,950,778 $570,538,581,144
2010 $7,851,192,502 $492,750,897,239
2009 $7,352,131,310 $434,311,714,442
2008 $7,297,600,226 $514,614,100,833
2007 $5,731,485,052 $490,047,789,548
2006 $4,756,361,252 $422,528,394,459
2005 $4,383,315,965 $391,688,455,929
2004 $3,760,443,738 $384,545,442,175
2003 $3,394,084,732 $334,072,443,516
2002 $2,782,192,879 $267,371,907,447
2001 $2,448,714,704 $242,497,797,485
2000 $2,241,753,193 $262,903,560,280
1999 $2,537,789,821 $274,318,357,862
1998 $2,643,363,519 $270,887,306,759
1997 $2,290,318,910 $268,249,616,891
1996 $2,405,686,940 $291,949,597,375
1995 $2,302,537,562 $267,050,453,507
1994 $1,938,058,175 $228,699,066,874
1993 $3,052,673,849 $212,644,602,616
1992 $3,386,232,579 $283,908,914,454
1991 $3,285,796,875 $273,831,464,572
1990 $3,512,356,508 $261,466,577,009
1989 $2,179,567,114 $217,632,340,195
1988 $2,280,356,193 $206,686,590,776
1987 $2,233,006,105 $182,744,315,974
1986 $1,904,096,998 $150,279,869,729
1985 $1,440,581,652 $113,958,084,357
1984 $1,461,243,326 $109,043,045,407
1983 $1,803,099,561 $104,862,109,663
1982 $2,017,612,216 $114,214,731,799
1981 $2,170,893,414 $129,498,921,476
1980 $2,508,524,721 $141,886,067,004
1979 $2,109,277,666 $123,207,527,699
1978 $1,774,365,590 $104,290,933,496
1977 $1,291,458,041 $94,331,782,622
1976 $1,064,517,601 $89,232,517,046
1975 $1,048,690,933 $82,765,232,648
1974 $1,026,137,111 $65,917,634,590
1973 $946,385,105 $59,318,842,992
1972 $742,779,661 $48,883,173,400
1971 $693,573,704 $41,506,151,115
1970 $649,916,621 $38,037,226,668
1969 $625,867,985 $33,967,301,561
1968 $641,214,226 $31,277,871,669
1967 $665,586,872 $29,474,881,506
1966 $702,296,079 $27,154,716,721
1965 $673,383,511 $24,963,947,415
1964 $582,816,396 $22,685,490,195
1963 $586,294,879 $20,342,131,882
1962 $531,736,599 $18,794,066,990
1961 $485,785,231 $17,329,620,585
1960 $449,526,873 $15,930,075,467

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

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

GDP per capita in Niger vs Sweden by year

Niger
GDP per capita

GDP per capita, PPP
Sweden
GDP per capita

GDP per capita, PPP
1x
Year Current $
Niger Sweden
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $735 $2,050 $57,117 $71,845
2023 $638 $1,875 $54,950 $69,226
2022 $610 $1,840 $54,837 $67,076
2021 $609 $1,586 $60,648 $62,732
2020 $580 $1,497 $52,569 $57,489
2019 $562 $1,419 $51,649 $57,046
2018 $579 $1,276 $54,018 $53,122
2017 $522 $1,208 $53,210 $51,474
2016 $503 $1,189 $51,704 $50,290
2015 $486 $1,172 $51,188 $48,772
2014 $565 $1,161 $59,583 $46,841
2013 $552 $1,138 $60,844 $46,098
2012 $529 $1,162 $57,750 $45,207
2011 $511 $1,064 $60,379 $44,333
2010 $474 $1,058 $52,543 $41,951
2009 $461 $999 $46,708 $40,094
2008 $475 $1,010 $55,817 $41,907
2007 $387 $955 $53,568 $40,813
2006 $333 $935 $46,531 $37,672
2005 $319 $888 $43,378 $34,198
2004 $283.5 $832 $42,758 $33,805
2003 $265.2 $837 $37,292 $31,788
2002 $225.3 $832 $29,958 $30,987
2001 $205.4 $809 $27,259 $29,946
2000 $194.8 $764 $29,633 $29,636
1999 $228.3 $783 $30,969 $27,496
1998 $246.1 $801 $30,605 $25,897
1997 $220.6 $745 $30,324 $24,817
1996 $239.5 $746 $33,022 $23,952
1995 $237 $757 $30,254 $23,084
1994 $206.2 $748 $26,046 $21,835
1993 $335 $742 $24,390 $20,700
1992 $384 $746 $32,753 $20,767
1991 $384 $738 $31,777 $20,663
1990 $424 $739 $30,549 $20,357
1989 $271.3 - $25,625 -
1988 $292.6 - $24,499 -
1987 $295.3 - $21,761 -
1986 $259.6 - $17,955 -
1985 $202.4 - $13,647 -
1984 $211.5 - $13,080 -
1983 $268.8 - $12,590 -
1982 $310 - $13,719 -
1981 $343 - $15,564 -
1980 $409 - $17,073 -
1979 $354 - $14,856 -
1978 $307 - $12,602 -
1977 $229.8 - $11,432 -
1976 $194.8 - $10,853 -
1975 $197.2 - $10,103 -
1974 $198.3 - $8,078 -
1973 $187.9 - $7,291 -
1972 $151.4 - $6,018 -
1971 $145.2 - $5,125 -
1970 $139.8 - $4,729 -
1969 $138.3 - $4,263 -
1968 $145.6 - $3,953 -
1967 $155.4 - $3,746 -
1966 $168.6 - $3,478 -
1965 $166.3 - $3,228 -
1964 $148.1 - $2,961 -
1963 $153.3 - $2,675 -
1962 $143.2 - $2,485 -
1961 $134.6 - $2,304 -
1960 $128.3 - $2,128 -

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

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

Niger's GDP per capita is $735, ranking 187/197, compared to $57,117 in Sweden, ranking 17/197. Adjusted for purchasing power (GDP per capita PPP), Niger ranks 186th at $2,050, while Sweden ranks 23rd at $71,845.

Economic indicators

Niger Sweden
Gross domestic product
$19.9B
2024
$604B
2024
GDP rank
130/197
2024
26/197
2024
GDP growth
10.3%
2023-2024
0.82%
2023-2024
GDP per capita
$735
2024
$57,117
2024
GDP per capita rank
187/197
2024
17/197
2024
GDP per capita, PPP
$2,050
2024
$71,845
2024
GDP per capita PPP rank
186/197
2024
23/197
2024
Government debt
$9.39B
2024
$199B
2024
Debt-to-GDP ratio
47.2%
2024
33%
2024
Government debt per person
$347
2024
$18,842
2024
Government debt per person rank
173/185
2024
32/185
2024
Average annual personal income after taxes
$1,163
2026
$42,066
2026
Market capitalization of domestic companies n/a
$290B
2003
Number of millionaires n/a
490,000
2025
Number of billionaires n/a
45
2025
Income share by richest 10%
27.8%
2021
22.3%
2023
Income share by poorest 10%
3.8%
2021
2.8%
2023
Government expenditure, % of GDP
13.4%
2024
49.3%
2024
Consumer prices inflation
9.07%
2023-2024
2.84%
2023-2024
Central bank interest rate n/a
1.75%
2025
Unemployment rate
0.4%
2022
8.31%
2024
Population
29080898
10680056

Spending and national debt comparison by year

Niger
Spending

Debt
Sweden
Spending

Debt
1x
Year % of GDP
Niger Sweden
Government spending Government debt Government spending Government debt
2024 13.4% 47.2% 49.3% 33%
2023 15.8% 51.8% 48.9% 31.8%
2022 21.6% 50.6% 48.3% 33.9%
2021 24.3% 51.3% 49.3% 37%
2020 22.4% 45% 52% 40.2%
2019 21.6% 39.8% 48.8% 35.8%
2018 21.2% 37% 49.8% 39.9%
2017 19.5% 36.5% 49.2% 41.6%
2016 19.4% 32.8% 49.5% 42.9%
2015 24.2% 29.9% 49.4% 44.5%
2014 23.6% 22.1% 50.7% 45.7%
2013 20.4% 19.6% 51.4% 40.8%
2012 16.6% 18.1% 50.2% 38%
2011 15.3% 14.7% 49.1% 37.7%
2010 14.3% 15.1% 49.7% 38.6%
2009 17.7% 15.9% 51.7% 41.2%
2008 16.9% 14.2% 49.4% 38%
2007 17.4% 17.8% 48.5% 39.2%
2006 15.2% 18.3% 50.1% 43.8%
2005 15.6% 49.5% 51.2% 48.9%
2004 16.1% 55% 51.7% 48.7%
2003 14% 60.6% 53% 49.4%
2002 14.4% 69% 52.7% 49.8%
2001 13.7% 74% 51.7% 52%
2000 13.5% 82.1% 52.2% 50.4%
1999 15% 63.3% 55.2% 60.3%
1998 13.6% 61.3% 55.6% 65.4%
1997 12.9% 69.1% 57.9% 67.7%
1996 10.9% 63.5% 60% 68.9%
1995 12.5% 69.4% 62.1% 68.7%
1994 - - 65.3% 68.6%
1993 - - 67.9% 66.1%
1992 - - 66.5% 45.7%
1991 - - 61.2% 40.2%
1990 - - 57.5% 40.3%
1989 - - 35.8% 44.8%
1988 - - 37.9% 50.3%
1987 - - 40.9% 56%
1986 - - 42.1% 59.5%
1985 - - 47.6% 61.2%
1984 - - 46.7% 57.5%
1983 - - 48.6% 54.5%
1982 - - 46.4% 47.9%
1981 - - 46.1% 41.5%
1980 - - 41% 34.4%
1979 - - 39.9% 28.3%
1978 - - 39.1% 24%
1977 - - 35.7% 21%
1976 - - 32.3% 19%
1975 - - 30.6% 19.9%
1974 - - 30.1% 19.4%
1973 - - 31.1% 18%
1972 - - 31.9% 17.2%
1971 - - 29.8% 16.9%
1970 - - 29.5% 16.9%
1969 - - 28.7% 17.6%
1968 - - 28.3% 17.6%
1967 - - 27.7% 16.1%
1966 - - 26.5% 15.3%
1965 - - 24.6% 17%
1964 - - 23.4% 18.7%
1963 - - 24.4% 20.7%
1962 - - 23.4% 23%
1961 - - 23.7% 26%
1960 - - 24.4% 28.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-02-20).

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

In 2024, Niger's government spending was $2.67B, accounting for 13.4% of its GDP, while Sweden spent $298B, or 49.3% of GDP.

Debt-to-GDP ratio is 47.2% in Niger and 33% in Sweden, ranking 114/185 and 148/185, respectively.

Government deficit by year

Deficit/surplus
Niger

Sweden
1x
Year Deficit/surplus, % of GDP
Niger Sweden
2024 -4.27% -1.72%
2023 -5.37% -0.63%
2022 -6.77% 1%
2021 -6.1% -0.15%
2020 -4.82% -3.18%
2019 -3.56% 0.44%
2018 -3.01% 0.67%
2017 -4.12% 1.29%
2016 -4.46% 0.86%
2015 -6.75% -0.27%
2014 -6.12% -1.84%
2013 -1.93% -1.63%
2012 -0.83% -1.19%
2011 -2.19% -0.41%
2010 -0.99% -0.14%
2009 -3.93% -0.89%
2008 1.11% 1.87%
2007 -0.75% 3.37%
2006 31% 2.2%
2005 -1.53% 2.08%
2004 -2.76% 0.17%
2003 -2.17% -1.25%
2002 -2.21% -1.46%
2001 -2.59% 1.37%
2000 -2.83% 3.11%
1999 -4.27% 0.6%
1998 -2.23% 0.82%
1997 -2.39% -1.57%
1996 -0.36% -3.11%
1995 -3.19% -7.01%
1994 - -8.77%
1993 - -10.9%
1992 - -8.51%
1991 - 0.28%
1990 - 3.7%
1989 - 1.5%
1988 - -0.64%
1987 - -2%
1986 - -6.21%
1985 - -9.91%
1984 - -12.1%
1983 - -15.1%
1982 - -13.4%
1981 - -12.8%
1980 - -11.5%
1979 - -9.95%
1978 - -7.32%
1977 - -3.32%
1976 - -1.27%
1975 - -4.05%
1974 - -4.12%
1973 - -3.28%
1972 - -2.17%
1971 - -1.67%
1970 - -2.64%
1969 - -2.03%
1968 - -2.37%
1967 - -1.41%
1966 - -0.33%
1965 - -0.17%
1964 - -0.1%
1963 - 0.41%
1962 - 0.7%
1961 - 0.56%
1960 - -2.67%
1959 - -2.53%
1958 - -2.31%
1957 - -2.1%
1956 - -1.21%
1955 - -1.72%
1954 - -1.52%
1953 - -2.47%
1952 - -0.16%
1951 - -0.9%
1950 - -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 - -1.88%
1933 - -4.1%
1932 - -1.56%
1931 - -0.05%
1930 - 0.09%
1929 - -0.39%
1928 - -0.06%
1927 - -1.14%
1926 - -1.11%
1925 - -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 - -0.17%
1912 - -0.51%
1911 - -0.87%
1910 - -0.81%
1909 - -2.08%
1908 - -2.27%
1907 - -0.68%
1906 - -0.66%
1905 - -0.34%
1904 - -0.56%
1903 - 0.08%
1902 - -1.57%
1901 - -1.34%
1900 - -0.32%
1899 - 0.57%
1898 - 0.91%
1897 - 1.09%
1896 - -0.59%
1895 - 1%
1894 - 0.47%
1893 - -0.49%
1892 - -0.68%
1891 - -0.6%
1890 - 0.33%
1889 - 0.19%
1888 - -0.05%
1887 - -1.5%
1886 - -0.98%
1885 - -0.08%
1884 - 0.24%
1883 - 0.16%
1882 - 0.36%
1881 - -0.17%
1880 - -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 (1800–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Niger's government deficit, the difference between spending and revenue, was $848M, equivalent to 4.27% of GDP. This compares to Sweden's deficit of $10.4B, or 1.72% of GDP.

Over the past 30 years, Niger recorded a fiscal deficit in 28 of those years, while Sweden ran a deficit in 16 years. On average, Niger posted an annual deficit equal to 2.01% of GDP, compared to deficit of 0.22% of GDP for Sweden.

Inflation comparison by year

Inflation
Niger

Sweden
1x
Year Consumer prices inflation
Niger Sweden
2024 9.07% 2.84%
2023 3.7% 8.55%
2022 4.23% 8.37%
2021 3.84% 2.16%
2020 2.9% 0.5%
2019 -2.49% 1.78%
2018 2.97% 1.95%
2017 2.8% 1.79%
2016 1.65% 0.98%
2015 -0.58% -0.05%
2014 -0.93% -0.18%
2013 2.3% -0.04%
2012 0.46% 0.89%
2011 2.94% 2.96%
2010 0.8% 1.16%
2009 0.58% -0.49%
2008 11.3% 3.44%
2007 0.05% 2.21%
2006 0.04% 1.36%
2005 7.8% 0.45%
2004 0.26% 0.37%
2003 -1.61% 1.93%
2002 2.63% 2.16%
2001 4.01% 2.41%
2000 2.9% 0.9%
1999 -2.3% 0.46%
1998 4.55% -0.27%
1997 2.93% 0.66%

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

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

Over the past 28 years, Niger has recorded an average annual inflation rate of 2.39%, compared with 1.76% in Sweden. In 2024, inflation was 9.07% in Niger and 2.84% in Sweden.

Top exports between countries

Niger
Export category Export value
Machinery & equipment $59K
Textiles & consumer goods $1K
Sweden
Export category Export value
Machinery & equipment $2.75M
Raw materials & minerals $1.42M
Textiles & consumer goods $402K
Miscellaneous $236K
Chemicals & pharma $191K
Wood & paper products $118K
Metals $73K
Animal & marine products $37K

Balance of trade

Niger Sweden
Current account balance
-$2.33B
2023
$35.8B
2024
Current account balance ranking
146/190
2023
17/190
2024
Current account balance, % of GDP
-14%
2023
+5.92%
2024
Goods imports
$2.59B
2023
$188B
2024
Goods exports
$992M
2023
$218B
2024
Service imports
$1.22B
2023
$126B
2024
Service exports
$231M
2023
$116B
2024
Imports of goods and services, % of GDP
22.7%
2024
51.6%
2024
Exports of goods and services, % of GDP
27.3%
2024
54.3%
2024

Economic freedom indices

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

Niger Sweden
Economic freedom 51 77.8
Economic freedom ranking 156/197 14/197
Property rights 16.6 96.2
Government integrity 33.9 91.6
Judicial effectiveness 28 95.6
Tax burden 78.2 51.6
Government spending 91.4 28.4
Fiscal health 47.6 97.5
Business freedom 32.4 84.8
Labor freedom 54.7 65.8
Monetary freedom 67.9 78.1
Trade freedom 65.8 79.4
Investment freedom 55 85
Financial freedom 40 80

Economic freedom comparison by year

Niger
Sweden
1x
Year Economic freedom index
Niger Sweden
2026 51 77.8
2025 51.5 77.9
2024 52.3 77.5
2023 53.7 77.5
2022 54.9 77.9
2021 57.3 74.7
2020 54.7 74.9
2019 51.6 75.2
2018 49.5 76.3
2017 50.8 74.9
2016 54.3 72
2015 54.6 72.7
2014 55.1 73.1
2013 53.9 72.9
2012 54.3 71.7
2011 54.3 71.9
2010 52.9 72.4
2009 53.8 70.5
2008 52.9 70.8
2007 53.2 69.3
2006 52.5 70.9
2005 54.1 69.8
2004 54.6 70.1
2003 54.2 70
2002 48.2 70.8
2001 48.9 66.6
2000 45.9 65.1
1999 48.6 64.2
1998 47.5 64
1997 46.6 63.3
1996 45.8 61.8
1995 - 61.4

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

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

The Economic Freedom Index for Niger is 51, ranking 156/197, 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

Niger Sweden
Services, % of GDP
45%
2024
66.4%
2024
Industry, % of GDP
17.6%
2024
21.7%
2024
Agriculture, forestry, and fishing, % of GDP
34.5%
2024
1.42%
2024
GNI, Atlas method
$18.3B
2024
$615B
2024
GNI per capita, PPP
$2,030
2024
$75,000
2024
Total reserves including gold n/a
$62.6B
2024
Total reserves ranking n/a
37/177
2024
Net foreign direct investment
-$1.02B
2023
$2.08B
2024
Net inflows of foreign direct investment
$358M
2024
$27B
2024
Net outflows of foreign direct investment
$20.7M
2024
$29.6B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
n/a
Poverty at national poverty lines
41.2%
2021
16.1%
2022
Gross capital formation, % of GDP
22.1%
2024
25.4%
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).

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

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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 (1800–1992, 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 (2021–2024, 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.

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.