Skip to content

Economy of Belarus vs Kuwait compared: GDP & Debt

Updated on by Georank team

Belarus has a GDP of $76B compared to $160B for Kuwait, ranking 83/197 and 59/197 by economy size, respectively.

Belarus has $33.7B in government debt (42.9% of GDP), compared to $4.86B (7.35% of GDP) in Kuwait.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Belarus
GDP, current $

GDP, constant 2015 $
Kuwait
GDP, current $

GDP, constant 2015 $
Year GDP
Belarus Kuwait
Current $ Constant $ Current $ Constant $
1962 - - $1,828,107,503 -
1963 - - $1,900,895,857 -
1964 - - $2,071,668,533 -
1965 - - $2,097,199,161 -
1966 - - $2,391,199,044 -
1967 - - $2,441,599,023 -
1968 - - $2,662,798,935 -
1969 - - $2,769,198,892 -
1970 - - $2,873,638,851 $55,498,511,025
1971 - - $3,880,392,195 $59,407,649,076
1972 - - $4,450,537,925 $61,725,008,613
1973 - - $5,408,804,607 $57,669,629,423
1974 - - $13,006,948,296 $50,177,583,545
1975 - - $12,022,811,621 $44,018,581,867
1976 - - $13,132,252,802 $46,926,530,604
1977 - - $14,137,406,741 $45,121,015,041
1978 - - $15,503,557,496 $48,439,563,893
1979 - - $24,749,063,922 $55,172,280,797
1980 - - $28,638,868,356 $44,462,929,931
1981 - - $25,058,020,338 $36,048,439,965
1982 - - $21,577,153,356 $31,813,071,689
1983 - - $20,871,081,080 $34,338,543,611
1984 - - $21,700,082,753 $36,138,434,512
1985 - - $21,445,970,614 $34,597,277,928
1986 - - $17,903,989,745 $37,561,473,256
1987 - - $22,368,704,134 $40,621,287,790
1988 - - $20,690,322,153 $36,537,785,305
1989 - - $24,313,855,653 $45,998,461,858
1990 $17,389,558,233 $29,435,120,618 $18,427,777,778 $33,933,574,736
1991 $18,404,907,975 $29,081,900,435 $11,009,993,703 $20,018,165,442
1992 $16,939,790,094 $26,290,037,656 $19,858,555,215 $36,595,073,928
1993 $16,275,073,527 $24,291,994,261 $23,941,391,391 $49,033,910,658
1994 $14,931,435,232 $21,449,829,995 $24,848,483,838 $53,170,492,583
1995 $13,972,683,274 $19,219,047,590 $27,186,980,647 $55,753,669,973
1996 $14,756,846,154 $19,757,181,802 $31,492,373,309 $56,091,050,572
1997 $14,130,585,516 $22,009,501,596 $30,350,190,704 $57,478,364,694
1998 $15,221,352,699 $23,858,297,858 $25,943,705,784 $59,583,253,865
1999 $12,138,243,081 $24,669,479,794 $30,122,365,849 $58,517,304,017
2000 $12,736,780,455 $26,100,310,428 $37,718,743,480 $61,264,446,763
2001 $12,354,820,144 $27,333,629,973 $34,889,559,870 $61,395,143,785
2002 $14,594,900,945 $28,712,684,737 $38,135,788,414 $63,245,767,261
2003 $17,825,444,724 $30,734,974,395 $47,874,582,232 $74,203,741,809
2004 $23,141,566,293 $34,254,050,014 $59,439,090,601 $81,802,426,141
2005 $30,210,091,837 $37,473,931,238 $80,798,630,137 $90,480,882,329
2006 $36,961,894,281 $41,221,322,382 $101,557,330,723 $97,280,315,244
2007 $45,275,711,996 $44,766,358,828 $114,634,043,362 $103,108,938,789
2008 $60,752,106,347 $49,332,527,214 $147,379,737,230 $105,665,789,857
2009 $50,873,167,326 $49,431,189,908 $105,968,691,905 $98,188,818,939
2010 $57,231,904,543 $53,262,115,562 $115,416,245,238 $95,861,205,809
2011 $61,762,382,328 $56,218,149,512 $154,039,231,299 $105,091,330,589
2012 $65,685,890,439 $57,178,272,623 $174,047,662,555 $112,054,550,828
2013 $75,527,558,966 $57,749,323,055 $174,168,116,687 $113,342,579,056
2014 $78,813,069,121 $58,702,836,384 $162,650,450,785 $113,910,328,740
2015 $56,454,769,845 $56,454,769,845 $114,585,555,831 $114,585,555,831
2016 $47,723,545,321 $55,028,470,324 $109,406,674,088 $117,938,416,139
2017 $54,725,405,751 $56,421,892,170 $120,687,539,676 $112,380,895,320
2018 $60,031,026,576 $58,198,729,041 $138,646,316,322 $115,463,874,741
2019 $64,410,170,653 $59,040,547,745 $140,856,394,870 $118,077,765,457
2020 $61,371,673,345 $58,643,356,622 $111,045,470,461 $112,389,026,890
2021 $69,673,747,132 $60,073,587,235 $148,350,671,614 $114,268,887,222
2022 $73,775,179,925 $57,275,121,700 $183,502,046,669 $121,991,940,847
2023 $72,478,760,370 $59,638,602,548 $165,384,407,267 $119,958,084,015
2024 $75,961,865,472 $62,030,020,173 $160,227,273,001 $116,887,023,751

Economic indicators

Belarus Kuwait
Gross domestic product
$76B
2024
$160B
2024
GDP rank
83/197
2024
59/197
2024
GDP growth
4.81%
2023-2024
-3.12%
2023-2024
GDP per capita
$8,317
2024
$32,214
2024
GDP per capita rank
95/197
2024
38/197
2024
GDP per capita, PPP
$33,006
2024
$51,636
2024
Government debt
$33.7B
2024
$4.86B
2024
Debt-to-GDP ratio
42.9%
2025
7.35%
2025
Government debt per person
$3,691
2024
$978
2024
Government debt per person rank
94/185
2024
143/185
2024
Average annual personal income after taxes
$6,343
2025
$28,320
2025
Market capitalization of domestic companies
$6.01B
2024
$141B
2024
Income share by richest 10%
20.7%
2020
n/a
Income share by poorest 10%
4.5%
2020
n/a
Government expenditure, % of GDP
41.3%
2025
52.3%
2025
Consumer prices inflation
7%
2024-2025
2.9%
2023-2024
Central bank interest rate
9.75%
2025
3.75%
2025
Unemployment rate
3.46%
2023
2.16%
2016
Population
9074112
5128257

GDP per capita in Belarus vs Kuwait

Belarus' GDP per capita is $8,317, ranking 95/197, compared to $32,214 in Kuwait, ranking 38/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,006, while Kuwait ranks 41st at $51,636.

Belarus
GDP per capita

GDP per capita, PPP
Kuwait
GDP per capita

GDP per capita, PPP
Year Current $
Belarus Kuwait
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1962 - - $4,748 -
1963 - - $4,445 -
1964 - - $4,379 -
1965 - - $4,024 -
1966 - - $4,176 -
1967 - - $3,887 -
1968 - - $3,872 -
1969 - - $3,695 -
1970 - - $3,552 -
1971 - - $4,486 -
1972 - - $4,836 -
1973 - - $5,532 -
1974 - - $12,527 -
1975 - - $10,882 -
1976 - - $11,141 -
1977 - - $11,238 -
1978 - - $11,567 -
1979 - - $17,386 -
1980 - - $19,032 -
1981 - - $15,825 -
1982 - - $12,979 -
1983 - - $11,965 -
1984 - - $11,919 -
1985 - - $11,322 -
1986 - - $9,077 -
1987 - - $10,896 -
1988 - - $9,692 -
1989 - - $10,965 -
1990 $1,707 $5,220 $10,938 $30,763
1991 $1,805 $5,330 $8,147 $23,390
1992 $1,658 $4,917 $12,146 $36,149
1993 $1,590 $4,641 $14,318 $48,482
1994 $1,460 $4,190 $14,930 $53,946
1995 $1,371 $3,846 $16,168 $57,163
1996 $1,453 $4,039 $18,201 $56,913
1997 $1,397 $4,596 $16,977 $57,420
1998 $1,511 $5,061 $14,067 $58,344
1999 $1,211 $5,331 $15,854 $56,406
2000 $1,276 $5,796 $19,296 $58,703
2001 $1,244 $6,238 $17,374 $58,553
2002 $1,479 $6,697 $18,513 $59,713
2003 $1,820 $7,362 $22,691 $69,752
2004 $2,378 $8,483 $27,552 $77,227
2005 $3,126 $9,637 $36,123 $84,968
2006 $3,848 $10,995 $42,947 $89,075
2007 $4,735 $12,320 $45,709 $91,435
2008 $6,376 $13,886 $55,585 $90,337
2009 $5,352 $14,034 $37,907 $80,110
2010 $6,035 $15,339 $39,212 $75,184
2011 $6,528 $16,563 $49,170 $79,037
2012 $6,953 $18,115 $52,155 $82,090
2013 $7,998 $19,014 $49,651 $76,813
2014 $8,341 $19,038 $44,369 $68,337
2015 $5,967 $18,134 $29,882 $45,267
2016 $5,040 $17,832 $27,324 $41,862
2017 $5,786 $18,414 $29,048 $46,566
2018 $6,360 $20,026 $32,068 $51,371
2019 $6,838 $22,302 $31,708 $50,703
2020 $6,543 $24,872 $25,236 $41,462
2021 $7,490 $27,611 $34,019 $50,652
2022 $7,995 $28,429 $39,982 $55,043
2023 $7,897 $30,834 $34,076 $53,025
2024 $8,317 $33,006 $32,214 $51,636

Spending and national debt comparison

In 2024, Belarus' government spending was $31.1B, accounting for 41.3% of its GDP, while Kuwait's spent $81.4B, or 52.3% of GDP.

Debt-to-GDP ratio is 42.9% in Belarus and 7.35% in Kuwait, ranking 127/185 and 182/185, respectively.

Belarus
Government spending

Government debt
Kuwait
Government spending

Government debt
Year % of GDP
Belarus Kuwait
Government spending Government debt Government spending Government debt
1990 - - 121.5% -
1991 - - 206.5% 45.3%
1992 - - 76.8% 27.9%
1993 - - 57.6% 28.8%
1994 - - 57% 37.7%
1995 - - 51% 34.9%
1996 - - 41.9% 26.5%
1997 - - 43% 24.3%
1998 - - 50.9% 25.6%
1999 - - 43.8% 25.5%
2000 - - 29.3% 21.4%
2001 42.4% - 40.7% 23%
2002 43.8% - 42.1% 21.3%
2003 43.5% - 37.7% 17.2%
2004 44% 9.22% 34.9% 13.9%
2005 45% 8.12% 28.5% 10.2%
2006 47.2% 12.3% 32.1% 7.79%
2007 49.2% 15.8% 30.2% 7.05%
2008 60% 20.3% 40.7% 5.38%
2009 51.7% 32.5% 42.6% 6.65%
2010 44.3% 36.8% 45.3% 6.16%
2011 40.3% 58.2% 39.5% 4.64%
2012 38.9% 36.9% 38% 3.6%
2013 40.8% 36.9% 38.3% 3.09%
2014 38.8% 38.8% 44.9% 3.43%
2015 41.8% 53% 55.2% 4.6%
2016 40.7% 53.5% 54% 9.88%
2017 39% 53.2% 51.5% 19.6%
2018 37.8% 47.5% 50.6% 14.3%
2019 37.4% 41% 49.8% 10.5%
2020 38% 47.5% 62.5% 10.2%
2021 36.7% 41.2% 48.1% 7.19%
2022 38% 40.8% 39.4% 2.94%
2023 40.3% 40.7% 48.7% 3.17%
2024 41% 44.4% 50.8% 3.04%
2025 41.3% 42.9% 52.3% 7.35%

Government deficit by year

In 2024, Belarus' government surplus, the difference between spending and revenue, was $567M, equivalent to 0.75% of GDP. This compares to Kuwait's surplus of $34.6B, or 21.6% of GDP.

Over the past 24 years, Belarus recorded a fiscal deficit in 18 of those years, while Kuwait ran a deficit in 1 years. On average, Belarus posted an annual deficit equal to -3.34% of GDP, compared to surplus of +26.3% of GDP for Kuwait.

Deficit/surplus
Belarus

Kuwait
Year Deficit/surplus, % of GDP
Belarus Kuwait
1990 - -47.5%
1991 - -141.7%
1992 - -26.5%
1993 - -1.68%
1994 - 3.43%
1995 - 13.6%
1996 - 26.1%
1997 - 31.4%
1998 - 21.3%
1999 - 29.9%
2000 - 54.3%
2001 -4.74% 47.1%
2002 -7.81% 32.7%
2003 -6.74% 28.7%
2004 -7.06% 33.9%
2005 -6.71% 39.9%
2006 -7.71% 28.6%
2007 -7.82% 37.5%
2008 -10.9% 21.6%
2009 -7.23% 31.5%
2010 -4.19% 31.9%
2011 -2.81% 38.6%
2012 0.36% 40.3%
2013 -0.98% 40%
2014 0.09% 29.2%
2015 -2.96% 15.2%
2016 -1.66% 11.5%
2017 -0.34% 13.9%
2018 1.8% 16.3%
2019 0.91% 11.6%
2020 -2.87% -1.88%
2021 -0.22% 8.31%
2022 -2.04% 28.2%
2023 0.71% 26.3%
2024 0.75% 21.6%
2025 0.24% 23.6%

Inflation comparison by year

Over the past 29 years, Belarus has recorded an average annual inflation rate of 37.7%, compared with 2.96% in Kuwait. In 2024, inflation was 7% in Belarus and 2.9% in Kuwait.

Inflation
Belarus

Kuwait
Year Inflation
Belarus Kuwait Belarus Kuwait
1996 52.7% 3.55%
1997 63.8% 0.68%
1998 73% 0.13%
1999 293.7% 2.99%
2000 168.6% 1.81%
2001 61.1% 1.3%
2002 42.6% 0.89%
2003 28.4% 0.96%
2004 18.1% 1.25%
2005 10.3% 4.14%
2006 7% 3.06%
2007 8.4% 5.48%
2008 14.8% 10.6%
2009 13% 4.61%
2010 7.7% 4.5%
2011 53.2% 4.84%
2012 59.2% 3.26%
2013 18.3% 2.68%
2014 18.1% 2.91%
2015 13.5% 3.27%
2016 11.8% 3.2%
2017 6% 2.17%
2018 4.9% 0.54%
2019 5.6% 1.09%
2020 5.5% 2.1%
2021 9.5% 3.42%
2022 15.2% 3.98%
2023 5% 3.64%
2024 5.7% 2.9%
2025 7% -

Top exports between countries

Belarus
Export category Export value
Transport & tourism services $1.04M
Metals $353K
Wood & paper products $340K
Business & finance services $330K
Machinery & equipment $83K
Animal & marine products $68K
Chemicals & pharma $32K
IT & IP services $23K
Processed food, beverages & tobacco $22K
Textiles & consumer goods $7K
Kuwait
Export category Export value

Balance of trade

Belarus Kuwait
Current account balance
-$1.94B
2024
$46.7B
2024
Current account balance ranking
141/189
2024
13/189
2024
Current account balance, % of GDP
-2.56%
2024
+29.1%
2024
Goods imports
$44.2B
2024
$33.4B
2024
Goods exports
$39.5B
2024
$77.5B
2024
Service imports
$6.82B
2024
$28.1B
2024
Service exports
$10.1B
2024
$12.2B
2024
Imports of goods and services, % of GDP
66.9%
2024
30.5%
2022
Exports of goods and services, % of GDP
65.1%
2024
60.4%
2022

Economic freedom indices

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

Belarus Kuwait
Economic freedom 48.9 59.9
Economic freedom ranking 168/197 98/197
Property rights 20.9 42.7
Government integrity 28.8 46.9
Judicial effectiveness 10.5 42.9
Tax burden 89.3 97.7
Government spending 55.6 38.2
Fiscal health 96.2 100
Business freedom 50.9 57.4
Labor freedom 48 49
Monetary freedom 67.2 67.8
Trade freedom 69.2 75.6
Investment freedom 30 50
Financial freedom 20 50

Economic freedom by year comparison

The Economic Freedom Index for Belarus is 48.9, ranking 168/197, compared to 59.9 for Kuwait, ranking 98/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Belarus
Kuwait
Year Economic freedom index
Belarus Kuwait
1995 40.4 -
1996 38.7 66.1
1997 39.8 64.8
1998 38 66.3
1999 35.4 69.5
2000 41.3 69.7
2001 38 68.2
2002 39 65.4
2003 39.7 66.7
2004 43.1 63.6
2005 46.7 64.6
2006 47.5 66.5
2007 47 66.4
2008 45.3 68.1
2009 45 65.6
2010 48.7 67.7
2011 47.9 64.9
2012 49 62.5
2013 48 63.1
2014 50.1 62.3
2015 49.8 62.5
2016 48.8 62.7
2017 58.6 65.1
2018 58.1 62.2
2019 57.9 60.8
2020 61.7 63.2
2021 61 64.1
2022 53 58.3
2023 51 56.7
2024 48.4 58.5
2025 48.9 59.9

More economic indicators

Belarus Kuwait
Services, % of GDP
49.7%
2024
55.9%
2024
Industry, % of GDP
30.7%
2024
57.1%
2024
Agriculture, forestry, and fishing, % of GDP
6.87%
2024
0.49%
2024
GNI, Atlas method
$75.2B
2024
$200B
2024
GNI per capita, PPP
$32,220
2024
$62,460
2024
Total reserves including gold
$8.91B
2024
$50.7B
2024
Total reserves ranking
82/177
2024
41/177
2024
Net foreign direct investment
-$1.57B
2024
$9.71B
2024
Net inflows of foreign direct investment
$1.74B
2024
$615M
2024
Net outflows of foreign direct investment
$170M
2024
$10.3B
2024
Servicing debt to the IMF, % of GNI
11.3%
2023
n/a
Poverty at national poverty lines
3.9%
2022
n/a
Gross capital formation, % of GDP
25.8%
2024
16.9%
2022

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

Economy vs Belarus vs Kuwait
Afghanistan Compare Compare
Albania Compare Compare
Algeria Compare Compare
Andorra Compare Compare
Angola Compare Compare
Antigua Compare Compare
Argentina Compare Compare
Armenia Compare Compare
Australia Compare Compare
Austria Compare Compare
Azerbaijan Compare Compare
Bahamas Compare Compare
Bahrain Compare Compare
Bangladesh Compare Compare
Barbados Compare Compare
Belgium Compare Compare
Belize Compare Compare
Benin Compare Compare
Bhutan Compare Compare
Bolivia Compare Compare
Bosnia Compare Compare
Botswana Compare Compare
Brazil Compare Compare
Brunei Compare Compare
Bulgaria Compare Compare
Burkina Faso Compare Compare
Burundi Compare Compare
Cambodia Compare Compare
Cameroon Compare Compare
Canada Compare Compare
Cape Verde Compare Compare
Cayman Islands Compare Compare
CAR Compare Compare
Chad Compare Compare
Chile Compare Compare
China Compare Compare
Colombia Compare Compare
Comoros Compare Compare
Congo Compare Compare
Costa Rica Compare Compare
Croatia Compare Compare
Cuba Compare Compare
Curacao Compare Compare
Cyprus Compare Compare
Czech Republic Compare Compare
DR Congo Compare Compare
Denmark Compare Compare
Djibouti Compare Compare
Dominica Compare Compare
Dominican Republic Compare Compare
East Timor Compare Compare
Ecuador Compare Compare
Egypt Compare Compare
El Salvador Compare Compare
Equatorial Guinea Compare Compare
Eritrea Compare Compare
Estonia Compare Compare
Eswatini Compare Compare
Ethiopia Compare Compare
Fiji Compare Compare
Finland Compare Compare
France Compare Compare
Gabon Compare Compare
Gambia Compare Compare
Georgia Compare Compare
Germany Compare Compare
Ghana Compare Compare
Greece Compare Compare
Grenada Compare Compare
Guatemala Compare Compare
Guinea Compare Compare
Guinea-Bissau Compare Compare
Guyana Compare Compare
Haiti Compare Compare
Honduras Compare Compare
Hungary Compare Compare
Iceland Compare Compare
India Compare Compare
Indonesia Compare Compare
Iran Compare Compare
Iraq Compare Compare
Ireland Compare Compare
Israel Compare Compare
Italy Compare Compare
Ivory Coast Compare Compare
Jamaica Compare Compare
Japan Compare Compare
Jordan Compare Compare
Kazakhstan Compare Compare
Kenya Compare Compare
Kiribati Compare Compare
Kyrgyzstan Compare Compare
Laos Compare Compare
Latvia Compare Compare
Lebanon Compare Compare
Lesotho Compare Compare
Liberia Compare Compare
Libya Compare Compare
Liechtenstein Compare Compare
Lithuania Compare Compare
Luxembourg Compare Compare
Madagascar Compare Compare
Malawi Compare Compare
Malaysia Compare Compare
Maldives Compare Compare
Mali Compare Compare
Malta Compare Compare
Marshall Islands Compare Compare
Mauritania Compare Compare
Mauritius Compare Compare
Mexico Compare Compare
Moldova Compare Compare
Monaco Compare Compare
Mongolia Compare Compare
Montenegro Compare Compare
Morocco Compare Compare
Mozambique Compare Compare
Myanmar Compare Compare
Namibia Compare Compare
Nauru Compare Compare
Nepal Compare Compare
Netherlands Compare Compare
New Zealand Compare Compare
Nicaragua Compare Compare
Niger Compare Compare
Nigeria Compare Compare
North Korea Compare Compare
North Macedonia Compare Compare
Norway Compare Compare
Oman Compare Compare
Pakistan Compare Compare
Palau Compare Compare
Palestine Compare Compare
Panama Compare Compare
Papua New Guinea Compare Compare
Paraguay Compare Compare
Peru Compare Compare
Philippines Compare Compare
Poland Compare Compare
Portugal Compare Compare
Qatar Compare Compare
Romania Compare Compare
Russia Compare Compare
Rwanda Compare Compare
Saint Kitts Compare Compare
Saint Lucia Compare Compare
Saint Vincent Compare Compare
Samoa Compare Compare
San Marino Compare Compare
Sao Tome Compare Compare
Saudi Arabia Compare Compare
Senegal Compare Compare
Serbia Compare Compare
Seychelles Compare Compare
Sierra Leone Compare Compare
Singapore Compare Compare
Slovakia Compare Compare
Slovenia Compare Compare
Solomon Islands Compare Compare
Somalia Compare Compare
South Africa Compare Compare
South Korea Compare Compare
South Sudan Compare Compare
Spain Compare Compare
Sri Lanka Compare Compare
Sudan Compare Compare
Suriname Compare Compare
Sweden Compare Compare
Switzerland Compare Compare
Syria Compare Compare
Taiwan Compare Compare
Tajikistan Compare Compare
Tanzania Compare Compare
Thailand Compare Compare
Togo Compare Compare
Tonga Compare Compare
Trinidad Compare Compare
Tunisia Compare Compare
Turkey Compare Compare
Turkmenistan Compare Compare
Tuvalu Compare Compare
Uganda Compare Compare
Ukraine Compare Compare
UAE Compare Compare
United Kingdom Compare Compare
United States Compare Compare
Uruguay Compare Compare
Uzbekistan Compare Compare
Vanuatu Compare Compare
Vatican Compare Compare
Venezuela Compare Compare
Vietnam Compare Compare
Yemen Compare Compare
Zambia Compare Compare
Zimbabwe Compare Compare

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.