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Economy of Argentina vs Bulgaria compared: GDP & Debt

Updated on by Georank team

Argentina has a GDP of $638B compared to $113B for Bulgaria, ranking 24/197 and 67/197 by economy size, respectively.

Argentina has $540B in government debt (84.7% of GDP), compared to $27.3B (24.1% of GDP) in Bulgaria.

Argentina vs Bulgaria GDP by year

Argentina
Bulgaria
1x
Year GDP, current $
Argentina Bulgaria
2024 $638,365,455,340 $113,343,355,780
2023 $649,461,687,959 $102,199,231,385
2022 $633,993,756,301 $90,506,153,294
2021 $486,564,085,480 $84,374,613,233
2020 $385,740,508,437 $70,486,877,546
2019 $447,754,683,615 $68,507,731,354
2018 $524,819,892,360 $66,097,226,262
2017 $643,628,393,281 $59,167,647,388
2016 $557,532,320,663 $53,929,397,039
2015 $594,749,285,413 $50,765,918,159
2014 $526,319,673,732 $57,080,897,012
2013 $552,025,140,252 $55,819,262,375
2012 $545,982,375,701 $54,297,052,002
2011 $530,158,122,010 $57,681,293,007
2010 $423,627,422,092 $50,689,051,382
2009 $332,976,484,578 $52,023,801,230
2008 $361,558,037,110 $54,480,684,188
2007 $287,530,508,431 $44,431,257,129
2006 $232,557,260,817 $34,380,536,496
2005 $198,737,095,012 $29,868,657,858
2004 $164,657,930,453 $26,157,743,369
2003 $127,586,973,492 $21,144,957,990
2002 $97,724,004,252 $16,403,043,850
2001 $268,696,750,000 $14,183,446,026
2000 $284,203,750,000 $13,245,990,274
1999 $283,523,000,000 $13,637,098,579
1998 $298,948,250,000 $15,031,055,047
1997 $292,859,000,000 $11,316,127,379
1996 $272,149,750,000 $12,294,964,838
1995 $258,031,750,000 $18,991,484,420
1994 $257,440,000,000 $9,709,240,034
1993 $236,741,715,015 $10,832,064,942
1992 $228,778,917,308 $8,602,887,623
1991 $189,719,984,268 $7,628,738,475
1990 $141,352,654,305 $20,632,090,909
1989 $76,629,728,760 $21,988,444,444
1988 $126,890,235,049 $22,555,941,176
1987 $108,810,885,301 $28,101,000,000
1986 $105,872,372,614 $20,249,294,118
1985 $88,150,891,728 $17,155,421,053
1984 $116,915,052,107 $17,594,944,444
1983 $103,979,106,778 $16,563,666,667
1982 $84,307,486,837 $19,342,000,000
1981 $78,676,842,367 $19,870,000,000
1980 $76,961,923,741 $19,839,230,769
1979 $69,252,328,952 -
1978 $89,049,453,088 -
1977 $56,781,000,101 -
1976 $51,169,499,892 -
1975 $52,438,647,922 -
1974 $72,436,777,342 -
1973 $52,544,000,117 -
1972 $34,733,000,536 -
1971 $33,293,199,095 -
1970 $31,584,210,366 -
1969 $31,256,284,544 -
1968 $26,436,857,247 -
1967 $24,256,667,553 -
1966 $28,630,474,728 -
1965 $28,344,705,967 -
1964 $25,605,249,382 -
1963 $18,272,123,664 -
1962 $18,337,691,145 -
1961 $20,132,220,375 -
1960 $15,865,474,315 -

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

GeoRank.org/economy/argentina/bulgaria | CC BY

GDP per capita in Argentina vs Bulgaria by year

Argentina
GDP per capita

GDP per capita, PPP
Bulgaria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Argentina Bulgaria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,970 $30,431 $17,596 $41,969
2023 $14,262 $30,221 $15,853 $38,829
2022 $13,962 $29,809 $13,999 $36,320
2021 $10,738 $26,300 $12,966 $30,959
2020 $8,536 $22,393 $10,760 $27,352
2019 $9,956 $23,517 $10,354 $26,766
2018 $11,753 $24,410 $9,849 $23,998
2017 $14,533 $23,385 $8,697 $22,317
2016 $12,700 $20,106 $7,822 $20,746
2015 $13,680 $19,899 $7,269 $18,896
2014 $12,233 $19,487 $8,070 $17,991
2013 $12,964 $19,929 $7,796 $16,894
2012 $12,950 $19,430 $7,432 $16,327
2011 $12,704 $19,105 $7,850 $15,747
2010 $10,260 $17,848 $6,854 $14,954
2009 $8,150 $16,182 $6,988 $14,188
2008 $8,944 $17,277 $7,271 $14,347
2007 $7,185 $16,455 $5,889 $12,822
2006 $5,869 $14,844 $4,523 $11,406
2005 $5,068 $13,465 $3,900 $10,291
2004 $4,242 $12,118 $3,390 $9,200
2003 $3,320 $10,933 $2,719 $8,416
2002 $2,570 $9,953 $2,093 $7,786
2001 $7,141 $11,118 $1,771 $6,960
2000 $7,637 $11,500 $1,621 $6,424
1999 $7,706 $11,464 $1,661 $5,808
1998 $8,219 $11,836 $1,820 $6,178
1997 $8,147 $11,403 $1,361 $5,751
1996 $7,663 $10,496 $1,470 $6,849
1995 $7,358 $9,891 $2,259 $7,743
1994 $7,438 $10,103 $1,150 $7,338
1993 $6,932 $9,472 $1,279 $7,032
1992 $6,790 $8,668 $1,007 $6,917
1991 $5,709 $7,961 $884 $7,215
1990 $4,315 $7,158 $2,367 $7,548
1989 $2,375 - $2,477 -
1988 $3,993 - $2,511 -
1987 $3,477 - $3,132 -
1986 $3,436 - $2,260 -
1985 $2,906 - $1,915 -
1984 $3,915 - $1,964 -
1983 $3,538 - $1,853 -
1982 $2,915 - $2,169 -
1981 $2,764 - $2,235 -
1980 $2,748 - $2,239 -
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 (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/argentina/bulgaria | CC BY

Argentina's GDP per capita is $13,970, ranking 72/197, compared to $17,596 in Bulgaria, ranking 64/197. Adjusted for purchasing power (GDP per capita PPP), Argentina ranks 73rd at $30,431, while Bulgaria ranks 54th at $41,969.

Economic indicators

Argentina Bulgaria
Gross domestic product
$638B
2024
$113B
2024
GDP rank
24/197
2024
67/197
2024
GDP growth
-1.34%
2023-2024
3.39%
2023-2024
GDP per capita
$13,970
2024
$17,596
2024
GDP per capita rank
72/197
2024
64/197
2024
GDP per capita, PPP
$30,431
2024
$41,969
2024
GDP per capita PPP rank
73/197
2024
54/197
2024
Government debt
$540B
2024
$27.3B
2024
Debt-to-GDP ratio
84.7%
2024
24.1%
2024
Government debt per person
$11,826
2024
$4,237
2024
Government debt per person rank
46/185
2024
90/185
2024
Average annual personal income after taxes
$8,743
2026
$14,263
2026
Market capitalization of domestic companies
$52.9B
2022
$8.41B
2024
Number of billionaires
5
2025
2
2025
Income share by richest 10%
31.2%
2024
31.1%
2023
Income share by poorest 10%
1.9%
2024
2.1%
2023
Government expenditure, % of GDP
31%
2024
36.7%
2024
Consumer prices inflation
219.9%
2023-2024
2.6%
2023-2024
Central bank interest rate
29%
2025
1.81%
2025
Unemployment rate
1.69%
2024
4.17%
2024
Population
46048053
6359449

Spending and national debt comparison by year

Argentina
Spending

Debt
Bulgaria
Spending

Debt
1x
Year % of GDP
Argentina Bulgaria
Government spending Government debt Government spending Government debt
2024 31% 84.7% 36.7% 24.1%
2023 37.6% 154.6% 37.4% 22.9%
2022 37.6% 84.3% 37.6% 22.5%
2021 37.9% 81% 38.4% 23.8%
2020 42.5% 103.8% 37.6% 22.7%
2019 38.1% 89.8% 36% 18.4%
2018 38.9% 85.2% 34.4% 20.1%
2017 41.1% 57% 32% 22.9%
2016 41.5% 53.1% 32.7% 27%
2015 41.4% 52.6% 37.3% 25.4%
2014 38.9% 44.7% 37.1% 26.3%
2013 37.6% 43.5% 35.5% 17.2%
2012 36.8% 40.4% 32.5% 16.5%
2011 34.9% 38.9% 32% 14.3%
2010 33.4% 43.5% 34.6% 14.1%
2009 34.5% 55.4% 33.8% 14.5%
2008 30.8% 53.8% 33.5% 14.7%
2007 29.6% 62.1% 33.1% 17.6%
2006 26.6% 70.8% 32.5% 22.6%
2005 24.4% 80.3% 34% 28.5%
2004 23% 117.9% 34.6% 37.8%
2003 22% 125.2% 35.8% 45.4%
2002 21.9% 147.2% 35.1% 53.4%
2001 26.4% 48% 36.5% 67.1%
2000 25.2% 40.8% 37.1% 73.3%
1999 25.5% 38.9% 36.2% 78.7%
1998 23.1% 34.1% 30.6% 67.3%
1997 22.6% 31.7% 32.9% 88.4%
1996 22.7% 32.6% 44% 113.8%
1995 22.9% 30.7% 45.4% 72%
1994 22.9% 28.4% - -
1993 22% 26.9% - -
1992 12.1% 25% - -
1991 11.4% 35.7% - -
1990 11% 48.5% - -
1989 11% 118.2% - -
1988 12.3% 61.4% - -
1987 13.7% 74.1% - -
1986 13.7% 55.9% - -
1985 14.7% 55.2% - -
1984 13% 54.6% - -
1983 14.2% 64.2% - -
1982 15.9% 52.2% - -
1981 17% 26.5% - -
1980 15.2% 11.4% - -
1979 14.5% 12.4% - -
1978 14.9% 17.5% - -
1977 12.6% 25.1% - -
1976 13% 28.7% - -
1975 12.5% 33.8% - -
1974 14% 13% - -
1973 12.6% 12% - -
1972 11.2% 17.1% - -
1971 11.7% 15.2% - -
1970 12% 13.5% - -
1969 12.3% 9.63% - -
1968 12.8% 9.43% - -
1967 13% 10.9% - -
1966 12.1% 13.4% - -
1965 11.6% 15.9% - -
1964 11.8% 16.8% - -
1963 11.2% 23.4% - -
1962 11.3% 25.1% - -
1961 12.3% 8.69% - -
1960 11.3% 8.39% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-02-20).

GeoRank.org/economy/argentina/bulgaria | CC BY

In 2024, Argentina's government spending was $198B, accounting for 31% of its GDP, while Bulgaria spent $41.5B, or 36.7% of GDP.

Debt-to-GDP ratio is 84.7% in Argentina and 24.1% in Bulgaria, ranking 39/185 and 169/185, respectively.

Government deficit by year

Deficit/surplus
Argentina

Bulgaria
1x
Year Deficit/surplus, % of GDP
Argentina Bulgaria
2024 0.46% -3.04%
2023 -5.33% -3.03%
2022 -3.84% -0.8%
2021 -4.33% -2.8%
2020 -8.67% -2.92%
2019 -4.44% -0.96%
2018 -5.44% 0.12%
2017 -6.69% 0.82%
2016 -6.65% 1.54%
2015 -6% -2.77%
2014 -4.25% -3.65%
2013 -3.25% -1.75%
2012 -3.02% -0.43%
2011 -2.75% -1.83%
2010 -1.39% -3.77%
2009 -1.83% -0.86%
2008 0.35% 2.73%
2007 0.76% 3.09%
2006 1.65% 3.22%
2005 3.34% 2.19%
2004 3.97% 1.59%
2003 1.5% 0.003%
2002 -1.91% -0.61%
2001 -5.36% -0.58%
2000 -3.42% -0.6%
1999 -3.71% 0.15%
1998 -1.83% 1.08%
1997 -1.84% 0.83%
1996 -2.81% -10.1%
1995 -2.07% -7.98%
1994 -1.25% -
1993 -0.02% -
1992 1.54% -
1991 0.96% -
1990 -0.14% -
1989 -0.25% -
1988 -1.75% -
1987 1.89% -
1986 3.3% -
1985 3.6% -
1984 -1.39% -
1983 -2.89% -
1982 -4.68% -
1981 -3.93% -
1980 -1.14% -
1979 -1.5% -
1978 -1.36% -
1977 -0.54% -
1976 -2.39% -
1975 -2.9% -
1974 -1.08% -
1973 -1.48% -
1972 -0.12% -
1971 0.32% -
1970 1.01% -
1969 0.54% -
1968 0.25% -
1967 0.66% -
1966 -0.98% -
1965 -0.89% -
1964 -1.34% -
1963 -0.65% -
1962 -0.47% -
1961 1.73% -
1960 -1.98% -
1959 -4.82% -
1958 -6.61% -
1957 -2.72% -
1956 -3.77% -
1955 -3.75% -
1954 -3.21% -
1953 -3.1% -
1952 -3.01% -
1951 -3.52% -
1950 -3.38% -
1949 -3.98% -
1948 -2.73% -
1947 -1.6% -
1946 -4.12% -
1945 -5.25% -
1944 -4.61% 0%
1943 -3.86% 0%
1942 -2.9% -0.3%
1941 -2.85% 3.96%
1940 -2.31% 0.75%
1939 -3.09% 0.72%
1938 -2.09% 1%
1937 -1.62% 1.41%
1936 -1.44% 1.17%
1935 -1.16% 1.34%
1934 -1.56% -0.12%
1933 -1.27% -0.56%
1932 -1.19% -2.14%
1931 -2.98% -3.07%
1930 -3.94% -5.48%
1929 -1.95% -6.67%
1928 -1.52% -1.09%
1927 -3.3% -0.02%
1926 -1% -0.25%
1925 -0.46% -0.97%
1924 -0.68% 1.26%
1923 -0.93% -
1922 -1.86% -
1921 -0.99% -
1920 0.2% -
1919 -0.3% -
1918 -1.14% -
1917 -2.18% -
1916 -2.13% -
1915 -2.64% -
1914 -3.03% -
1913 -0.61% -
1912 -0.78% -
1911 -2.19% -
1910 -2.24% -
1909 -2.57% -
1908 0.28% -
1907 -0.2% -
1906 -0.32% -
1905 -3.52% -
1904 0.15% -
1903 -0.25% -
1902 -2.2% -
1901 -0.54% -
1900 -0.42% -
1899 -0.4% -
1898 -9.31% -
1897 -1.46% -
1896 -4.19% -
1895 -1.59% -
1894 -1.06% -
1893 0.06% -
1892 -1.33% -
1891 -4.48% -
1890 -1.82% -
1889 -2.88% -
1888 -0.69% -
1887 0.35% -
1886 -2.39% -
1885 -2.67% -
1884 -4.07% -
1883 -4.19% -
1882 -5.42% -
1881 -2.31% -
1880 -2.15% -
1879 -1.09% -
1878 -1.08% -
1877 -1.68% -
1876 -4.15% -
1875 -3.08% -
1874 -2.59% -
1873 -1.39% -
1872 -1.18% -
1871 -5.54% -
1870 -2.74% -
1869 -1.61% -
1868 -1.8% -
1867 -1.08% -
1866 -2.09% -
1865 -0.79% -
1864 0.51% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1864–1997, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20).

GeoRank.org/economy/argentina/bulgaria | CC BY

In 2024, Argentina's government surplus, the difference between spending and revenue, was $2.92B, equivalent to 0.46% of GDP. This compares to Bulgaria's deficit of $3.44B, or 3.04% of GDP.

Over the past 30 years, Argentina recorded a fiscal deficit in 23 of those years, while Bulgaria ran a deficit in 18 years. On average, Argentina posted an annual deficit equal to 2.63% of GDP, compared to deficit of 1.04% of GDP for Bulgaria.

Inflation comparison by year

Inflation
Argentina

Bulgaria
1x
Year Consumer prices inflation
Argentina Bulgaria
2024 219.9% 2.6%
2023 133.5% 8.6%
2022 72.4% 13%
2021 48.4% 2.8%
2020 42% 1.2%
2019 53.5% 2.5%
2018 34.3% 2.6%
2017 25.7% 1.2%
2016 - -1.3%
2015 - -1.1%
2014 - -1.6%
2013 10.6% 0.4%
2012 10% 2.4%
2011 9.8% 3.4%
2010 10.5% 3%
2009 6.3% 2.5%
2008 8.6% 12%
2007 8.8% 7.6%
2006 10.9% 7.4%
2005 9.6% 6%
2004 4.4% 6.1%
2003 13.4% 2.3%
2002 25.9% 5.8%
2001 -1.1% 7.4%
2000 -0.9% 10.3%
1999 -1.2% 2.6%
1998 0.9% 18.7%
1997 - 1,061%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/argentina/bulgaria | CC BY

Over the past 27 years, Argentina has recorded an average annual inflation rate of 31.5%, compared with 4.76% in Bulgaria. In 2024, inflation was 219.9% in Argentina and 2.6% in Bulgaria.

Top exports between countries

Argentina
Export category Export value
Miscellaneous $18.7M
Raw agricultural goods $8.71M
Machinery & equipment $2.32M
Animal & marine products $1.48M
Textiles & consumer goods $921K
Chemicals & pharma $611K
Processed food, beverages & tobacco $52K
Raw materials & minerals $11K
Metals $8K
Bulgaria
Export category Export value
Raw materials & minerals $5.64M
Machinery & equipment $2.96M
Chemicals & pharma $2.09M
Transport & tourism services $757K
Business & finance services $710K
Textiles & consumer goods $536K
Raw agricultural goods $390K
IT & IP services $118K
Government & miscellaneous services $108K
Processed food, beverages & tobacco $95K

Balance of trade

Argentina Bulgaria
Current account balance
$5.7B
2024
-$1.74B
2024
Current account balance ranking
32/190
2024
138/190
2024
Current account balance, % of GDP
+0.89%
2024
-1.54%
2024
Goods imports
$57.4B
2024
$52.8B
2024
Goods exports
$79.8B
2024
$47.3B
2024
Service imports
$22.9B
2024
$8.26B
2024
Service exports
$17.2B
2024
$16.6B
2024
Imports of goods and services, % of GDP
12.7%
2024
53.9%
2024
Exports of goods and services, % of GDP
15.2%
2024
56.4%
2024

Economic freedom indices

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

Argentina Bulgaria
Economic freedom 57.4 68.9
Economic freedom ranking 117/197 44/197
Property rights 41.2 75.8
Government integrity 41.2 48.4
Judicial effectiveness 58.2 58.5
Tax burden 67.8 89.1
Government spending 62.3 58.4
Fiscal health 72.2 90.4
Business freedom 56.8 78.2
Labor freedom 53.5 62.4
Monetary freedom 28.9 75.8
Trade freedom 67.4 79.4
Investment freedom 70 60
Financial freedom 70 50

Economic freedom comparison by year

Argentina
Bulgaria
1x
Year Economic freedom index
Argentina Bulgaria
2026 57.4 68.9
2025 54.2 68.8
2024 49.9 68.5
2023 51 69.3
2022 50.1 71
2021 52.7 70.4
2020 53.1 70.2
2019 52.2 69
2018 52.3 68.3
2017 50.4 67.9
2016 43.8 65.9
2015 44.1 66.8
2014 44.6 65.7
2013 46.7 65
2012 48 64.7
2011 51.7 64.9
2010 51.2 62.3
2009 52.3 64.6
2008 54.2 63.7
2007 54 62.7
2006 53.4 64.1
2005 51.7 62.3
2004 53.9 59.2
2003 56.3 57
2002 65.7 57.1
2001 68.6 51.9
2000 70 47.3
1999 70.6 46.2
1998 70.9 45.7
1997 73.3 47.6
1996 74.7 48.6
1995 68 50

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

GeoRank.org/economy/argentina/bulgaria | CC BY

The Economic Freedom Index for Argentina is 57.4, ranking 117/197, compared to 68.9 for Bulgaria, ranking 44/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Argentina Bulgaria
Services, % of GDP
53.7%
2024
63.8%
2024
Industry, % of GDP
24%
2024
21.1%
2024
Agriculture, forestry, and fishing, % of GDP
5.81%
2024
2.35%
2024
GNI, Atlas method
$618B
2024
$99B
2024
GNI per capita, PPP
$29,800
2024
$39,850
2024
Total reserves including gold
$29.6B
2024
$43.7B
2024
Total reserves ranking
56/177
2024
47/177
2024
Net foreign direct investment
-$8.89B
2024
-$2.22B
2024
Net inflows of foreign direct investment
$11.6B
2024
$3.55B
2024
Net outflows of foreign direct investment
$2.76B
2024
$1.13B
2024
Servicing debt to the IMF, % of GNI
6.32%
2024
6.8%
2024
Poverty at national poverty lines
38.1%
2024
21.7%
2023
Gross capital formation, % of GDP
15.8%
2024
20.4%
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/argentina/bulgaria | 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 (1864–1997, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, 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 (2020–2024, 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.