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Economy of Bangladesh vs Greece compared: GDP & Debt

Updated on by Georank team

Bangladesh has a GDP of $450B compared to $256B for Greece, ranking 36/197 and 53/197 by economy size, respectively.

Bangladesh has $184B in government debt (41% of GDP), compared to $397B (154.8% of GDP) in Greece.

Bangladesh vs Greece GDP by year

Bangladesh
Greece
1x
Year GDP, current $
Bangladesh Greece
2024 $450,119,432,069 $256,238,371,778
2023 $437,415,333,018 $242,946,187,738
2022 $460,131,689,083 $217,990,189,601
2021 $416,271,647,911 $218,303,801,895
2020 $373,979,442,362 $191,362,985,555
2019 $351,231,654,604 $207,305,649,887
2018 $321,362,752,442 $213,298,873,494
2017 $293,732,446,625 $200,381,103,984
2016 $265,224,515,675 $193,097,239,006
2015 $195,146,608,978 $194,567,373,678
2014 $172,886,611,654 $233,911,581,521
2013 $149,998,957,434 $236,556,279,641
2012 $133,310,747,603 $238,841,140,018
2011 $128,607,482,310 $283,228,079,776
2010 $115,275,540,051 $296,417,644,404
2009 $102,475,158,191 $326,829,054,686
2008 $91,636,997,371 $351,121,399,546
2007 $79,611,644,975 $314,226,996,944
2006 $71,795,736,172 $269,073,415,334
2005 $69,476,001,239 $242,315,668,619
2004 $65,108,544,250 $234,979,615,898
2003 $60,158,929,188 $196,930,509,813
2002 $54,724,081,491 $150,253,800,086
2001 $53,991,289,844 $132,050,474,720
2000 $53,369,787,319 $125,760,166,225
1999 $51,270,569,884 $137,131,371,955
1998 $49,984,559,471 $139,612,812,176
1997 $48,244,309,133 $138,766,067,640
1996 $46,438,484,108 $142,502,984,145
1995 $37,939,748,769 $134,974,613,914
1994 $33,768,660,883 $114,980,063,202
1993 $33,166,519,418 $107,295,704,518
1992 $31,708,874,594 $114,608,178,405
1991 $30,957,483,950 $103,680,863,713
1990 $31,598,340,778 $96,529,587,274
1989 $28,781,715,189 $78,067,933,277
1988 $26,579,005,558 $75,200,610,137
1987 $24,298,032,258 $64,739,630,096
1986 $21,774,033,333 $55,595,445,472
1985 $22,278,423,077 $47,155,741,426
1984 $18,920,840,000 $47,352,146,312
1983 $17,609,048,822 $48,741,397,059
1982 $18,525,399,202 $53,858,346,939
1981 $20,249,694,002 $51,618,456,335
1980 $18,138,049,096 $56,039,256,595
1979 $15,565,480,322 $53,724,121,435
1978 $13,281,767,143 $43,654,480,519
1977 $9,651,149,302 $35,673,080,481
1976 $10,117,113,333 $30,719,552,239
1975 $19,448,348,073 $28,129,128,587
1974 $12,512,460,520 $24,998,715,909
1973 $8,086,725,729 $22,037,019,563
1972 $6,288,245,867 $16,650,659,091
1971 $8,751,843,188 $14,388,806,818
1970 $8,992,722,167 $12,957,113,636
1969 $8,471,006,438 $11,454,106,327
1968 $7,483,685,771 $9,950,331,206
1967 $7,253,575,688 $9,146,592,856
1966 $6,439,687,854 $8,472,021,467
1965 $5,906,636,792 $7,582,209,670
1964 $5,386,054,833 $6,576,906,345
1963 $5,319,458,563 $5,813,285,627
1962 $5,081,413,542 $5,140,542,929
1961 $4,817,580,375 $4,892,397,431
1960 $4,274,894,083 $4,274,890,307

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

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

GDP per capita in Bangladesh vs Greece by year

Bangladesh
GDP per capita

GDP per capita, PPP
Greece
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Greece
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,593 $9,647 $24,626 $44,327
2023 $2,551 $9,148 $23,344 $42,711
2022 $2,716 $8,451 $20,887 $39,612
2021 $2,483 $7,441 $20,655 $33,531
2020 $2,249 $6,641 $17,887 $29,533
2019 $2,130 $6,047 $19,335 $31,927
2018 $1,965 $5,490 $19,873 $29,792
2017 $1,811 $4,883 $18,632 $28,682
2016 $1,649 $4,579 $17,919 $27,505
2015 $1,224 $4,212 $17,981 $26,608
2014 $1,094 $3,973 $21,475 $26,450
2013 $958 $3,691 $21,573 $25,731
2012 $860 $3,434 $21,624 $24,583
2011 $837 $3,051 $25,505 $25,693
2010 $757 $2,834 $26,653 $27,839
2009 $679 $2,675 $29,425 $29,963
2008 $613 $2,555 $31,696 $30,441
2007 $538 $2,388 $28,441 $28,896
2006 $490 $2,195 $24,416 $28,076
2005 $480 $2,020 $22,054 $25,004
2004 $456 $1,862 $21,449 $24,826
2003 $427 $1,746 $18,021 $23,253
2002 $394 $1,659 $13,782 $21,985
2001 $395 $1,598 $12,157 $20,304
2000 $397 $1,512 $11,638 $18,820
1999 $388 $1,430 $12,743 $17,758
1998 $386 $1,373 $13,023 $17,434
1997 $379 $1,315 $13,016 $16,630
1996 $372 $1,261 $13,433 $15,778
1995 $309 $1,206 $12,779 $15,218
1994 $280.6 $1,145 $10,937 $14,667
1993 $280.8 $1,099 $10,257 $14,150
1992 $273.5 $1,045 $11,021 $14,130
1991 $272.1 $987 $10,047 $13,824
1990 $283.1 $941 $9,467 $13,126
1989 $263 - $7,738 -
1988 $247.9 - $7,492 -
1987 $231.5 - $6,474 -
1986 $212.1 - $5,578 -
1985 $222.2 - $4,747 -
1984 $193.4 - $4,785 -
1983 $184.7 - $4,950 -
1982 $199.6 - $5,502 -
1981 $224.2 - $5,305 -
1980 $206.1 - $5,812 -
1979 $181.1 - $5,627 -
1978 $158.3 - $4,629 -
1977 $117.9 - $3,832 -
1976 $126.7 - $3,343 -
1975 $249.8 - $3,109 -
1974 $165 - $2,789 -
1973 $109.7 - $2,468 -
1972 $87.8 - $1,873 -
1971 $124.5 - $1,629 -
1970 $130.2 - $1,474 -
1969 $125.9 - $1,306 -
1968 $114.4 - $1,138 -
1967 $114.2 - $1,053 -
1966 $104.4 - $984 -
1965 $98.6 - $887 -
1964 $92.6 - $773 -
1963 $94.1 - $686 -
1962 $92.6 - $608 -
1961 $90.4 - $583 -
1960 $82.5 - $513 -

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

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

Bangladesh's GDP per capita is $2,593, ranking 146/197, compared to $24,626 in Greece, ranking 49/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Greece ranks 52nd at $44,327.

Economic indicators

Bangladesh Greece
Gross domestic product
$450B
2024
$256B
2024
GDP rank
36/197
2024
53/197
2024
GDP growth
4.22%
2023-2024
2.09%
2023-2024
GDP per capita
$2,593
2024
$24,626
2024
GDP per capita rank
146/197
2024
49/197
2024
GDP per capita, PPP
$9,647
2024
$44,327
2024
GDP per capita PPP rank
135/197
2024
52/197
2024
Government debt
$184B
2024
$397B
2024
Debt-to-GDP ratio
41%
2024
154.8%
2024
Government debt per person
$1,063
2024
$38,119
2024
Government debt per person rank
139/185
2024
16/185
2024
Average annual personal income after taxes
$2,222
2026
$14,396
2026
Market capitalization of domestic companies
$87.9B
2024
$83.2B
2024
Number of billionaires n/a
16
2025
Income share by richest 10%
25.5%
2022
26%
2023
Income share by poorest 10%
3.7%
2022
2.7%
2023
Government expenditure, % of GDP
12%
2024
48%
2024
Consumer prices inflation
9.7%
2023-2024
2.74%
2023-2024
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.64%
2024
10%
2024
Population
178415186
10181414

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Greece
Spending

Debt
1x
Year % of GDP
Bangladesh Greece
Government spending Government debt Government spending Government debt
2024 12% 41% 48% 154.8%
2023 12.6% 39.7% 49.5% 165.2%
2022 13% 37.9% 52.8% 178.4%
2021 12.9% 35.6% 56.7% 197.8%
2020 13.3% 34.5% 59.3% 209.9%
2019 13.6% 32% 47.6% 183.7%
2018 13% 29.6% 48.6% 189.6%
2017 12.2% 28.3% 48.5% 182.6%
2016 11.6% 27.7% 50.3% 183.7%
2015 11.5% 28.2% 51.9% 180%
2014 11.7% 28.7% 51.5% 182.8%
2013 12.1% 28.3% 53% 180.5%
2012 11.7% 29.1% 54.9% 164.3%
2011 11.5% 29.4% 55.1% 175.1%
2010 10.6% 29.6% 53.1% 147.8%
2009 10.6% 33% 54.8% 128.5%
2008 11.5% 33.9% 51.5% 110.9%
2007 9.63% 35% 47.8% 104.6%
2006 10.1% 35.3% 45.9% 105.3%
2005 10.3% 35.6% 46.6% 109.9%
2004 9.88% 36.6% 48.8% 105.5%
2003 10.2% 37% 47.9% 104.3%
2002 10.4% 38.9% 47.1% 107.9%
2001 10.7% 37.1% 47.5% 110.5%
2000 9.76% 31.2% 48.2% 108.9%
1999 8.66% 32.7% 48% 102.8%
1998 9.82% 31.1% 46.7% 100.8%
1997 9.89% 29.1% 45.1% 102.6%
1996 9.79% 31% 46.1% 103.7%
1995 10.5% 32.9% 46.6% 100.4%
1994 10% 35.5% 36.9% 99.7%
1993 9.74% 34.1% 38.6% 101.7%
1992 8.8% 33.1% 36.9% 81.1%
1991 8.86% 31.8% 35.2% 75.7%
1990 9.14% 31.5% 38.5% 74.2%
1989 - - 34.8% 60.7%
1988 - - 33.8% 57.9%
1987 - - 34% 53.2%
1986 - - 33.8% 47.8%
1985 - - 34.2% 47.3%
1984 - - 32% 40.6%
1983 - - 30.2% 34.1%
1982 - - 28.7% 29.7%
1981 - - 28.1% 27.1%
1980 - - 24.5% 22.8%
1979 - - 24.1% 22.7%
1978 - - 30.1% 32.3%
1977 - - 30.1% 24.5%
1976 - - 29.1% 23.7%
1975 - - 28.7% 24.1%
1974 - - 25.3% 22.5%
1973 - - 24.3% 22%
1972 - - 26.8% 26.5%
1971 - - 25.8% 25%
1970 - - 25.2% 24.7%
1969 - - 29.7% 25.8%
1968 - - 26.3% 23%
1967 - - 24.6% 21.1%
1966 - - 22.8% 19%
1965 - - 21.7% 16.5%
1964 - - 20.4% 21.3%
1963 - - 19.5% 22.6%
1962 - - 19.7% 16.6%
1961 - - 19.3% 14.4%
1960 - - 20% 13.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2002, retrieved 2026-02-20).

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

In 2024, Bangladesh's government spending was $54.2B, accounting for 12% of its GDP, while Greece spent $123B, or 48% of GDP.

Debt-to-GDP ratio is 41% in Bangladesh and 154.8% in Greece, ranking 131/185 and 7/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Greece
1x
Year Deficit/surplus, % of GDP
Bangladesh Greece
2024 -3.69% 1.34%
2023 -4.39% -1.35%
2022 -4.53% -2.46%
2021 -3.56% -7.58%
2020 -4.84% -10.3%
2019 -5.41% -0.09%
2018 -4.07% 0.78%
2017 -4.17% 1.05%
2016 -3.16% 0.28%
2015 -3.29% -3.03%
2014 -2.62% -4.29%
2013 -2.86% -4.06%
2012 -2.56% -6.94%
2011 -2.96% -10.5%
2010 -2.23% -11.4%
2009 -2.68% -15.4%
2008 -3.36% -10.3%
2007 -1.86% -6.81%
2006 -2.15% -6.04%
2005 -2.4% -6.33%
2004 -2.21% -9.05%
2003 -1.96% -8.05%
2002 -2.3% -6.2%
2001 -3.44% -5.64%
2000 -2.5% -4.21%
1999 -1.35% -6.02%
1998 -2.2% -6.48%
1997 -1.94% -6.25%
1996 -2.01% -8.35%
1995 -0.38% -9.87%
1994 0.03% -8.48%
1993 0.43% -11.5%
1992 0.36% -10.6%
1991 0.44% -9.63%
1990 -0.15% -13.3%
1989 - -11.9%
1988 - -9.63%
1987 - -8.09%
1986 - -8.62%
1985 - -9.56%
1984 - -7.19%
1983 - -6.17%
1982 - -5.49%
1981 - -7.08%
1980 - -2.5%
1979 - -2.34%
1978 - -5.39%
1977 - -5.21%
1976 - -5.05%
1975 - -5.3%
1974 - -4.39%
1973 - -3.71%
1972 - -4.16%
1971 - -3.32%
1970 - -3.24%
1969 - -6.65%
1968 - -3.39%
1967 - -2.59%
1966 - -2.17%
1965 - -2.55%
1964 - -2.89%
1963 - -2.25%
1962 - -2.4%
1961 - -2.69%
1960 - -3.3%
1959 - -2.77%
1958 - -2.27%
1957 - -2.45%
1956 - -0.39%
1955 - -3.57%
1954 - -2.87%
1953 - -3.01%
1952 - -7.21%
1951 - -11.5%
1950 - -12.7%
1949 - -10.4%
1948 - -7.65%
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - 0.48%
1938 - 1.78%
1937 - 1.06%
1936 - 0.95%
1935 - 0.72%
1934 - 0.88%
1933 - -2.79%
1932 - -1.78%
1931 - -4%
1930 - -2.23%
1929 - -18.7%
1928 - -0.27%
1927 - 2.65%
1926 - -
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/bangladesh/greece | CC BY

In 2024, Bangladesh's government deficit, the difference between spending and revenue, was $16.6B, equivalent to 3.69% of GDP. This compares to Greece's surplus of $3.43B, or 1.34% of GDP.

Over the past 35 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Greece ran a deficit in 31 years. On average, Bangladesh posted an annual deficit equal to 2.46% of GDP, compared to deficit of 6.49% of GDP for Greece.

Inflation comparison by year

Inflation
Bangladesh

Greece
1x
Year Consumer prices inflation
Bangladesh Greece
2024 9.7% 2.74%
2023 9% 3.46%
2022 6.1% 9.65%
2021 5.6% 1.22%
2020 5.6% -1.25%
2019 5.5% 0.25%
2018 5.8% 0.63%
2017 5.4% 1.12%
2016 5.9% -0.83%
2015 6.4% -1.74%
2014 7.3% -1.31%
2013 6.8% -0.92%
2012 8.9% 1.5%
2011 8.8% 3.33%
2010 7.3% 4.71%
2009 6.7% 1.21%
2008 9.9% 4.15%
2007 7.2% 2.9%
2006 7.2% 3.2%
2005 6.5% 3.55%
2004 8.1% 2.9%
2003 3.9% 3.53%
2002 2.4% 3.63%
2001 1.8% 3.37%
2000 3.6% 3.15%
1999 8.9% 2.64%
1998 6.7% 4.77%
1997 2.7% 5.54%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bangladesh has recorded an average annual inflation rate of 6.42%, compared with 2.4% in Greece. In 2024, inflation was 9.7% in Bangladesh and 2.74% in Greece.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $26.1M
Animal & marine products $1.75M
Machinery & equipment $347K
Raw agricultural goods $289K
Processed food, beverages & tobacco $97K
Chemicals & pharma $73K
Miscellaneous $4K
Precious metals & jewellery $1K
Greece
Export category Export value
Wood & paper products $14.5M
Textiles & consumer goods $14M
Machinery & equipment $12.5M
Metals $3.42M
Raw materials & minerals $456K
Miscellaneous $272K
Processed food, beverages & tobacco $227K
Chemicals & pharma $134K
Raw agricultural goods $34K
Animal & marine products $17K

Balance of trade

Bangladesh Greece
Current account balance
$1.43B
2024
-$18.2B
2024
Current account balance ranking
52/190
2024
182/190
2024
Current account balance, % of GDP
+0.32%
2024
-7.11%
2024
Goods imports
$63.8B
2024
$91.2B
2024
Goods exports
$47.3B
2024
$52.6B
2024
Service imports
$12.3B
2024
$31.1B
2024
Service exports
$7.47B
2024
$55.8B
2024
Imports of goods and services, % of GDP
16.3%
2024
47.7%
2024
Exports of goods and services, % of GDP
10.5%
2024
42.1%
2024

Economic freedom indices

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

Bangladesh Greece
Economic freedom 54.8 63.2
Economic freedom ranking 131/197 82/197
Property rights 32.1 78
Government integrity 22.7 54.8
Judicial effectiveness 36.7 68
Tax burden 79.9 59.9
Government spending 95.3 24.7
Fiscal health 68.4 78.9
Business freedom 52.7 77.8
Labor freedom 50.5 59.7
Monetary freedom 65.8 72.6
Trade freedom 63 79.4
Investment freedom 50 55
Financial freedom 40 50

Economic freedom comparison by year

Bangladesh
Greece
1x
Year Economic freedom index
Bangladesh Greece
2026 54.8 63.2
2025 54.7 60.6
2024 54.4 55.1
2023 54.4 56.9
2022 52.7 61.5
2021 56.5 60.9
2020 56.4 59.9
2019 55.6 57.7
2018 55.1 57.3
2017 55 55
2016 53.3 53.2
2015 53.9 54
2014 54.1 55.7
2013 52.6 55.4
2012 53.2 55.4
2011 53 60.3
2010 51.1 62.7
2009 47.5 60.8
2008 44.2 60.6
2007 46.7 58.7
2006 52.9 60.1
2005 47.5 59
2004 50 59.1
2003 49.3 58.8
2002 51.9 59.1
2001 51.2 63.4
2000 48.9 61
1999 50 61
1998 52 60.6
1997 49.9 59.6
1996 51.1 60.5
1995 40.9 61.2

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 63.2 for Greece, ranking 82/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Greece
Services, % of GDP
51.4%
2024
68%
2024
Industry, % of GDP
34.1%
2024
15%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
3.77%
2024
GNI, Atlas method
$490B
2024
$236B
2024
GNI per capita, PPP
$10,060
2024
$43,340
2024
Total reserves including gold
$21.4B
2024
$15.2B
2024
Total reserves ranking
61/177
2024
67/177
2024
Net foreign direct investment
-$1.49B
2024
-$4.52B
2024
Net inflows of foreign direct investment
$1.31B
2024
$6.74B
2024
Net outflows of foreign direct investment
$34.1M
2024
$2.22B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
n/a
Poverty at national poverty lines
18.7%
2022
18.8%
2021
Gross capital formation, % of GDP
30.7%
2024
18.3%
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/bangladesh/greece | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
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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.

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.