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Argentina economy ranking: GDP & GDP per capita, debt

Updated on by Georank

Argentina ranked 25/197 by economy size with a GDP of $683B and 70/197 by GDP per capita at $14,898. Argentina has $549B in government debt, with a debt-to-GDP ratio of 80.3%.

In 2025, Argentina made up 0.58% of the world's economy, compared to 1.16% in 1960.

Argentina GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2025 $683,097,891,619 4.37%
2024 $638,365,455,340 -1.34%
2023 $649,461,687,959 -1.86%
2022 $633,993,756,301 6.02%
2021 $486,564,085,480 10.4%
2020 $385,740,508,437 -9.9%
2019 $447,754,683,615 -2%
2018 $524,819,892,360 -2.62%
2017 $643,628,393,281 2.82%
2016 $557,532,320,663 -2.08%
2015 $594,749,285,413 2.73%
2014 $526,319,673,732 -2.51%
2013 $552,025,140,252 2.41%
2012 $545,982,375,701 -1.03%
2011 $530,158,122,010 6%
2010 $423,627,422,092 10.1%
2009 $332,976,484,578 -5.92%
2008 $361,558,037,110 4.06%
2007 $287,530,508,431 9.01%
2006 $232,557,260,817 8.05%
2005 $198,737,095,012 8.85%
2004 $164,657,930,453 9.03%
2003 $127,586,973,492 8.84%
2002 $97,724,004,252 -10.9%
2001 $268,696,750,000 -4.41%
2000 $284,203,750,000 -0.79%
1999 $283,523,000,000 -3.39%
1998 $298,948,250,000 3.85%
1997 $292,859,000,000 8.11%
1996 $272,149,750,000 5.53%
1995 $258,031,750,000 -2.85%
1994 $257,440,000,000 5.84%
1993 $236,741,715,015 8.21%
1992 $228,778,917,308 7.94%
1991 $189,719,984,268 9.13%
1990 $141,352,654,305 -2.47%
1989 $76,629,728,760 -7.16%
1988 $126,890,235,049 -1.09%
1987 $108,810,885,301 2.7%
1986 $105,872,372,614 6.15%
1985 $88,150,891,728 -5.19%
1984 $116,915,052,107 1.57%
1983 $103,979,106,778 4.35%
1982 $84,307,486,837 -0.74%
1981 $78,676,842,367 -5.19%
1980 $76,961,923,741 1.52%
1979 $69,252,328,952 10.2%
1978 $89,049,453,088 -4.51%
1977 $56,781,000,101 6.93%
1976 $51,169,499,892 -2.02%
1975 $52,438,647,922 -0.03%
1974 $72,436,777,342 5.53%
1973 $52,544,000,117 2.81%
1972 $34,733,000,536 1.63%
1971 $33,293,199,095 5.66%
1970 $31,584,210,366 3.05%
1969 $31,256,284,544 9.68%
1968 $26,436,857,247 4.82%
1967 $24,256,667,553 3.19%
1966 $28,630,474,728 -0.66%
1965 $28,344,705,967 10.6%
1964 $25,605,249,382 10.1%
1963 $18,272,123,664 -5.31%
1962 $18,337,691,145 -0.85%
1961 $20,132,220,375 5.43%
1960 $15,865,474,315 -

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

GeoRank.org/economy/argentina | CC BY

Argentina GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2025 $14,898 -
2024 $13,970 $30,431
2023 $14,262 $30,221
2022 $13,962 $29,809
2021 $10,738 $26,300
2020 $8,536 $22,393
2019 $9,956 $23,517
2018 $11,753 $24,410
2017 $14,533 $23,385
2016 $12,700 $20,106
2015 $13,680 $19,899
2014 $12,233 $19,487
2013 $12,964 $19,929
2012 $12,950 $19,430
2011 $12,704 $19,105
2010 $10,260 $17,848
2009 $8,150 $16,182
2008 $8,944 $17,277
2007 $7,185 $16,455
2006 $5,869 $14,844
2005 $5,068 $13,465
2004 $4,242 $12,118
2003 $3,320 $10,933
2002 $2,570 $9,953
2001 $7,141 $11,118
2000 $7,637 $11,500
1999 $7,706 $11,464
1998 $8,219 $11,836
1997 $8,147 $11,403
1996 $7,663 $10,496
1995 $7,358 $9,891
1994 $7,438 $10,103
1993 $6,932 $9,472
1992 $6,790 $8,668
1991 $5,709 $7,961
1990 $4,315 $7,158
1989 $2,375 -
1988 $3,993 -
1987 $3,477 -
1986 $3,436 -
1985 $2,906 -
1984 $3,915 -
1983 $3,538 -
1982 $2,915 -
1981 $2,764 -
1980 $2,748 -
1979 $2,512 -
1978 $3,282 -
1977 $2,126 -
1976 $1,947 -
1975 $2,027 -
1974 $2,845 -
1973 $2,098 -
1972 $1,409 -
1971 $1,373 -
1970 $1,323 -
1969 $1,330 -
1968 $1,142 -
1967 $1,064 -
1966 $1,275 -
1965 $1,282 -
1964 $1,176 -
1963 $853 -
1962 $870 -
1961 $971 -
1960 $778 -

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

GeoRank.org/economy/argentina | CC BY

Argentina has a GDP per capita of $14,898, ranking 70/197, a GDP per capita based on purchasing power parity (PPP) of $30,431, ranking 73/197, and a median annual after tax income of $8,751, ranking 82/197.

Argentina GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2025 24 61 -
2024 24 71 67
2023 24 66 66
2022 24 67 63
2021 30 69 62
2020 30 76 62
2019 27 75 65
2018 25 65 61
2017 21 60 62
2016 21 61 65
2015 21 57 65
2014 26 66 65
2013 22 63 65
2012 23 62 66
2011 23 62 65
2010 27 66 65
2009 28 70 66
2008 28 69 65
2007 31 71 65
2006 32 74 65
2005 33 76 62
2004 35 77 64
2003 36 78 64
2002 40 82 68
2001 19 50 61
2000 17 49 56
1999 18 47 53
1998 17 45 49
1997 19 46 50
1996 21 46 50
1995 21 45 49
1994 18 43 47
1993 18 45 49
1992 20 45 52
1991 20 46 54
1990 25 52 63
1989 32 65 -
1988 21 49 -
1987 22 50 -
1986 20 48 -
1985 20 51 -
1984 17 41 -
1983 19 42 -
1982 23 47 -
1981 23 49 -
1980 22 49 -
1979 23 45 -
1978 18 37 -
1977 21 43 -
1976 21 43 -
1975 18 42 -
1974 14 33 -
1973 16 36 -
1972 18 36 -
1971 16 35 -
1970 16 35 -
1969 16 25 -
1968 16 27 -
1967 16 26 -
1966 11 22 -
1965 10 22 -
1964 10 22 -
1963 14 24 -
1962 13 23 -
1961 10 20 -
1960 13 22 -

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

GeoRank.org/economy/argentina | CC BY

Compared with 2000, in 2025 Argentina is ranked 24th out of 179 by GDP (down from 17th), 61st by GDP per capita (down from 49th), and 67th by GDP per capita PPP (down from 56th).

Economic indicators

Argentina Rank
Gross domestic product
$683B
2025
25/197
GDP growth
4.37%
2024-2025
64/194
GDP per capita
$14,898
2025
70/197
GDP per capita, PPP
$30,431
2024
73/197
Government debt
$549B
2025
20/185
Debt-to-GDP ratio
80.3%
2025
43/185
Government debt per person
$11,965
2025
52/185
Average annual personal income after taxes
$8,751
2026
82/197
Listed domestic companies
85
2021
53/103
Market capitalization of domestic companies
$52.9B
2022
54/100
Number of billionaires
5
2026
45/74
Billionaire frequency
1 in 6,524,213
2026
63/74
Income share by richest 10%
31.2%
2024
41/169
Income share by poorest 10%
1.9%
2024
141/169
Government expenditure, % of GDP
31.6%
2025
84/195
Consumer prices inflation
41.9%
2024-2025
6/195
Central bank interest rate
29%
2025
4/106
Unemployment rate
7.38%
2025
60/196
Population
46083022
35/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2025 31.6% 80.3% -0.38%
2024 31% 84.7% 0.46%
2023 37.6% 154.6% -5.33%
2022 37.6% 84.3% -3.84%
2021 37.9% 81% -4.33%
2020 42.5% 103.8% -8.67%
2019 38.1% 89.8% -4.44%
2018 38.9% 85.2% -5.44%
2017 41.1% 57% -6.69%
2016 41.5% 53.1% -6.65%
2015 41.4% 52.6% -6%
2014 38.9% 44.7% -4.25%
2013 37.6% 43.5% -3.25%
2012 36.8% 40.4% -3.02%
2011 34.9% 38.9% -2.75%
2010 33.4% 43.5% -1.39%
2009 34.5% 55.4% -1.83%
2008 30.8% 53.8% 0.35%
2007 29.6% 62.1% 0.76%
2006 26.6% 70.8% 1.65%
2005 24.4% 80.3% 3.34%
2004 23% 117.9% 3.97%
2003 22% 125.2% 1.5%
2002 21.9% 147.2% -1.91%
2001 26.4% 48% -5.36%
2000 25.2% 40.8% -3.42%
1999 25.5% 38.9% -3.71%
1998 23.1% 34.1% -1.83%
1997 22.6% 31.7% -1.84%
1996 22.7% 32.6% -2.81%
1995 22.9% 30.7% -2.07%
1994 22.9% 28.4% -1.25%
1993 22% 26.9% -0.02%
1992 12.1% 25% 1.54%
1991 11.4% 35.7% 0.96%
1990 11% 48.5% -0.14%
1989 11% 118.2% -0.25%
1988 12.3% 61.4% -1.75%
1987 13.7% 74.1% 1.89%
1986 13.7% 55.9% 3.3%
1985 14.7% 55.2% 3.6%
1984 13% 54.6% -1.39%
1983 14.2% 64.2% -2.89%
1982 15.9% 52.2% -4.68%
1981 17% 26.5% -3.93%
1980 15.2% 11.4% -1.14%
1979 14.5% 12.4% -1.5%
1978 14.9% 17.5% -1.36%
1977 12.6% 25.1% -0.54%
1976 13% 28.7% -2.39%
1975 12.5% 33.8% -2.9%
1974 14% 13% -1.08%
1973 12.6% 12% -1.48%
1972 11.2% 17.1% -0.12%
1971 11.7% 15.2% 0.32%
1970 12% 13.5% 1.01%
1969 12.3% 9.63% 0.54%
1968 12.8% 9.43% 0.25%
1967 13% 10.9% 0.66%
1966 12.1% 13.4% -0.98%
1965 11.6% 15.9% -0.89%
1964 11.8% 16.8% -1.34%
1963 11.2% 23.4% -0.65%
1962 11.3% 25.1% -0.47%
1961 12.3% 8.69% 1.73%
1960 11.3% 8.39% -1.98%
1959 13.6% 10.2% -4.82%
1958 13.2% 17.2% -6.61%
1957 8.42% 19.7% -2.72%
1956 10.1% 22% -3.77%
1955 10.2% 24.1% -3.75%
1954 11% 23.9% -3.21%
1953 11% 21.4% -3.1%
1952 11.9% 18.7% -3.01%
1951 12% 17.4% -3.52%
1950 11.2% 20.5% -3.38%
1949 11.8% 19.7% -3.98%
1948 12.9% 19.4% -2.73%
1947 9.32% 20.1% -1.6%
1946 9.89% 24.2% -4.12%
1945 11.4% 27.6% -5.25%
1944 11% 26.9% -4.61%
1943 9.18% 28.9% -3.86%
1942 8.38% 28% -2.9%
1941 8.5% 29.9% -2.85%
1940 8.8% 30.4% -2.31%
1939 10% 30.5% -3.09%
1938 9.27% 28.8% -2.09%
1937 8.61% 27.2% -1.62%
1936 8.53% 31.5% -1.44%
1935 8.46% 30% -1.16%
1934 8.58% 26.5% -1.56%
1933 8.87% 28.9% -1.27%
1932 9.37% 28.2% -1.19%
1931 9.92% 24.3% -2.98%
1930 9.4% 19.1% -3.94%
1929 8.01% 17.9% -1.95%
1928 7.77% 19.2% -1.52%
1927 9.39% 19.3% -3.3%
1926 7.04% 17.4% -1%
1925 6.61% 16.1% -0.46%
1924 6.15% 14% -0.68%
1923 6.54% 13.6% -0.93%
1922 7.11% 15% -1.86%
1921 6.13% 14% -0.99%
1920 4.62% 11.9% 0.2%
1919 4.82% 14.4% -0.3%
1918 4.83% 15% -1.14%
1917 6.26% 21.7% -2.18%
1916 6.66% 22% -2.13%
1915 7.42% 23.1% -2.64%
1914 8.64% 24.6% -3.03%
1913 7.47% 22.7% -0.61%
1912 7.64% 23% -0.78%
1911 9.03% 26.1% -2.19%
1910 8.92% 22.5% -2.24%
1909 9.42% 24.5% -2.57%
1908 6.39% 23% 0.28%
1907 7.24% 27.2% -0.2%
1906 7.18% 25.5% -0.32%
1905 10.2% 27.7% -3.52%
1904 7.53% 37.3% 0.15%
1903 7.51% 40.8% -0.25%
1902 9.41% 48.2% -2.2%
1901 8% 51% -0.54%
1900 8.25% 54% -0.42%
1899 8.57% 61.5% -0.4%
1898 16.6% 61.8% -9.31%
1897 9.26% 66.4% -1.46%
1896 9% 48.3% -4.19%
1895 7.39% 61.2% -1.59%
1894 7.24% 71.2% -1.06%
1893 7.42% 83.8% 0.06%
1892 8.51% 93.7% -1.33%
1891 10.7% 117.7% -4.48%
1890 7.73% 72.1% -1.82%
1889 12.6% 47.8% -2.88%
1888 7.24% 38.7% -0.69%
1887 7.26% 21.2% 0.35%
1886 9.26% 24% -2.39%
1885 8.62% 23.3% -2.67%
1884 10.5% 21.9% -4.07%
1883 10.6% 24.9% -4.19%
1882 11% 25.9% -5.42%
1881 8.71% 29.1% -2.31%
1880 8.04% 25.9% -2.15%
1879 7.61% 23.1% -1.09%
1878 6.23% 23.8% -1.08%
1877 5.58% 23.4% -1.68%
1876 8.62% 28.4% -4.15%
1875 9.96% 26.6% -3.08%
1874 8.91% 26.3% -2.59%
1873 9.17% 26.6% -1.39%
1872 8.6% 28.6% -1.18%
1871 9.59% 32.8% -5.54%
1870 8.56% 18.5% -2.74%
1869 6.72% 16.4% -1.61%
1868 7.19% 17.2% -1.8%
1867 5.92% 12.9% -1.08%
1866 4.93% 9.77% -2.09%
1865 3.51% 6.62% -0.79%
1864 2.83% 6.24% 0.51%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

GeoRank.org/economy/argentina | CC BY

This chart shows Argentina's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 50 years, Argentina recorded a fiscal deficit in 38 of them, with an average annual deficit equal to 1.82% of GDP. In 2025, government spending reached $216B (31.6% of GDP), with a deficit of 0.38%.

The national debt reached $549B, ranking 20th out of 185 countries by total size, with a debt-to-GDP ratio of 80.3%, ranking 43rd.

Inflation rate by year

1x
Year Inflation
2025 41.9%
2024 219.9%
2023 133.5%
2022 72.4%
2021 48.4%
2020 42%
2019 53.5%
2018 34.3%
2017 25.7%
2016 -
2015 -
2014 -
2013 10.6%
2012 10%
2011 9.8%
2010 10.5%
2009 6.3%
2008 8.6%
2007 8.8%
2006 10.9%
2005 9.6%
2004 4.4%
2003 13.4%
2002 25.9%
2001 -1.1%
2000 -0.9%
1999 -1.2%
1998 0.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1998–2025, retrieved 2026-07-08).

GeoRank.org/economy/argentina | CC BY

Over the past 17 years, Argentina has had an average annual inflation rate of 43.9%. In 2025, inflation was 41.9%. The bar chart above shows consumer price inflation by year.

Balance of trade

Argentina Rank
Current account balance
-$7.58B
2025
169/190
Current account balance, % of GDP
-1.11%
2025
90/190
Goods imports
$71.8B
2025
48/189
Goods exports
$87.2B
2025
43/189
Service imports
$29.3B
2025
45/189
Service exports
$18B
2025
55/189
Imports of goods and services, % of GDP
14.8%
2025
176/182
Exports of goods and services, % of GDP
15.6%
2025
164/193

Argentina top 10 trading partners

Argentina's biggest trading partner accounting for 19.5% of all exports and imports is Brazil, with a trade balance between the two of -$4.85B: Argentina exports $12.8B worth of goods and services to Brazil and imports $17.6B.

Below is the list of the top 10 trade partners of Argentina.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 Brazil $30.4B 19.5% $12.8B $17.6B Machinery & equipment Machinery & equipment
2 China $26.3B 16.9% $9.71B $16.6B Raw agricultural goods Machinery & equipment
3 United States $14.7B 9.43% $8.34B $6.35B Raw materials & minerals Machinery & equipment
4 Chile $7.1B 4.56% $6.28B $815M Raw materials & minerals Raw agricultural goods
5 India $6.84B 4.39% $5.47B $1.36B Processed food, beverages & tobacco Machinery & equipment
6 Germany $4.15B 2.67% $1.11B $3.04B Animal & marine products Machinery & equipment
7 Paraguay $4.15B 2.67% $1.37B $2.78B Raw materials & minerals Raw agricultural goods
8 Vietnam $4.01B 2.58% $2.73B $1.28B Processed food, beverages & tobacco Machinery & equipment
9 Peru $2.87B 1.84% $2.55B $322M Raw agricultural goods Processed food, beverages & tobacco
10 Switzerland $2.75B 1.77% $2.06B $689M Precious metals & jewellery Chemicals & pharma

Top 10 exports

Argentina Rank
Processed food, beverages & tobacco $22.3B 17/192
Raw agricultural goods $19.5B 12/193
Raw materials & minerals $11.1B 52/193
Machinery & equipment $9.86B 47/193
Animal & marine products $8.56B 21/192
Transport & tourism services $7.53B 60/191
Business & finance services $6.16B 44/189
Chemicals & pharma $4.92B 44/193
Precious metals & jewellery $4.18B 39/190
Miscellaneous $3.69B 17/192

Top 10 imports

Argentina Rank
Machinery & equipment $35.8B 41/193
Transport & tourism services $13.5B 46/191
Chemicals & pharma $11.4B 43/193
Raw materials & minerals $7.69B 59/193
Textiles & consumer goods $4.58B 56/193
Business & finance services $4.26B 53/189
IT & IP services $4.23B 41/185
Metals $3.6B 63/193
Raw agricultural goods $3.26B 43/193
Processed food, beverages & tobacco $1.98B 74/193

Economic freedom indices

Argentina Rank
Economic freedom 57.4 117/197
Property rights 41.2 118/182
Government integrity 41.2 92/182
Judicial effectiveness 58.2 67/182
Tax burden 67.8 155/182
Government spending 62.3 117/180
Fiscal health 72.2 98/181
Business freedom 56.8 122/182
Labor freedom 53.5 119/182
Monetary freedom 28.9 174/180
Trade freedom 67.4 114/181
Investment freedom 70 25/181
Financial freedom 70 17/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 57.4 58.2 67.8 62.3 72.2
2025 54.2 56.5 70.8 57.1 67.9
2024 49.9 55.8 67 54.3 35.7
2023 51 42.8 66.9 53.9 33.6
2022 50.1 57.9 73.3 53 16.8
2021 52.7 45.7 70.4 52.8 38.4
2020 53.1 47 69.6 50.7 24.7
2019 52.2 44.5 69.3 49.5 33
2018 52.3 44.5 65.7 55.6 52.6
2017 50.4 39.6 62.6 54.6 56.4
2016 43.8 - 66.1 51.3 -
2015 44.1 - 66.8 41.2 -
2014 44.6 - 63.5 49.9 -
2013 46.7 - 64.3 52.1 -
2012 48 - 65.5 56.9 -
2011 51.7 - 68.7 81.7 -
2010 51.2 - 69.5 75.6 -
2009 52.3 - 70.3 75.6 -
2008 54.2 - 70.5 80.9 -
2007 54 - 70.7 81.5 -
2006 53.4 - 71.5 81.5 -
2005 51.7 - 72.7 73.7 -
2004 53.9 - 72.4 78.8 -
2003 56.3 - 72.2 76.8 -
2002 65.7 - 72.4 76.5 -
2001 68.6 - 72.5 79.7 -
2000 70 - 74 79.7 -
1999 70.6 - 77.6 83.9 -
1998 70.9 - 77.7 83.3 -
1997 73.3 - 80.2 90 -
1996 74.7 - 80.2 89.4 -
1995 68 - 80.7 86.6 -

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

GeoRank.org/economy/argentina | CC BY

Argentina is ranked 104/174 for economic freedom with a score of 57.4, compared to 120/162 and a score of 53.4 in 2006.

Other economic metrics

Argentina Rank
Services, % of GDP
56.2%
2025
106/191
Industry, % of GDP
22.9%
2025
108/194
Agriculture, forestry, and fishing, % of GDP
5.53%
2025
104/193
GNI, Atlas method
$672B
2025
24/194
GNI per capita, PPP
$31,920
2025
67/191
Total reserves including gold
$41B
2025
54/177
Net foreign direct investment
-$300M
2025
88/189
Net inflows of foreign direct investment
$11.6B
2024
36/193
Net outflows of foreign direct investment
$2.76B
2024
38/193
Servicing debt to the IMF, % of GNI
6.32%
2024
36/121
Poverty at national poverty lines
38.1%
2024
40/176
Gross capital formation, % of GDP
16.1%
2025
151/179

Compare Argentina vs other countries

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/argentina | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, 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.

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.