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Economy of Benin vs Germany compared: GDP & Debt

Updated on by Georank

Benin has a GDP of $24.6B compared to $5.05T for Germany, ranking 124/197 and 3/197 by economy size, respectively.

Benin has $14.1B in government debt (57.3% of GDP), compared to $3.18T (62.9% of GDP) in Germany.

Benin vs Germany GDP by year

Benin
Germany
1x
Year GDP, current $
Benin Germany
2025 $24,566,420,904 $5,050,922,925,047
2024 $21,482,643,706 $4,685,592,577,805
2023 $19,673,291,004 $4,562,207,532,490
2022 $17,425,405,091 $4,201,021,706,479
2021 $17,687,623,530 $4,355,251,953,411
2020 $15,686,741,884 $3,941,398,957,074
2019 $14,391,686,313 $3,959,894,794,039
2018 $14,262,408,090 $4,055,433,215,302
2017 $12,701,655,837 $3,765,351,626,106
2016 $11,821,065,853 $3,536,787,895,179
2015 $11,388,160,997 $3,425,099,578,746
2014 $13,284,527,847 $3,964,870,735,761
2013 $12,517,845,124 $3,807,023,797,051
2012 $11,141,358,116 $3,596,483,233,406
2011 $10,693,321,364 $3,823,575,803,794
2010 $9,535,345,016 $3,467,093,769,667
2009 $9,738,626,517 $3,478,545,516,684
2008 $9,787,734,526 $3,808,197,720,125
2007 $8,169,048,383 $3,484,056,680,855
2006 $7,034,111,315 $3,046,308,753,671
2005 $6,567,654,954 $2,893,393,187,362
2004 $6,190,270,380 $2,852,317,768,062
2003 $5,349,258,094 $2,534,715,518,349
2002 $4,194,342,686 $2,102,350,798,306
2001 $3,666,222,635 $1,966,381,496,642
2000 $3,519,991,440 $1,966,980,701,145
1999 $3,677,393,999 $2,213,873,468,587
1998 $2,455,092,686 $2,247,760,364,566
1997 $2,268,301,646 $2,218,790,886,533
1996 $2,361,116,449 $2,506,576,553,158
1995 $2,169,627,138 $2,593,053,091,306
1994 $1,598,075,944 $2,215,282,632,277
1993 $2,274,558,083 $2,078,954,217,438
1992 $1,695,315,306 $2,141,377,582,968
1991 $1,986,437,797 $1,875,792,575,133
1990 $1,959,965,330 $1,778,162,195,860
1989 $1,502,294,416 $1,404,092,925,205
1988 $1,620,246,084 $1,406,367,016,372
1987 $1,562,412,228 $1,302,932,318,825
1986 $1,336,102,025 $1,050,092,624,516
1985 $1,045,712,789 $735,218,723,093
1984 $1,051,134,009 $727,767,760,979
1983 $1,095,348,199 $773,507,930,295
1982 $1,267,778,670 $779,421,633,755
1981 $1,291,120,188 $803,404,797,058
1980 $1,405,251,847 $953,772,499,462
1979 $1,186,231,020 $884,574,218,333
1978 $928,843,469 $743,182,891,918
1977 $750,049,779 $602,698,323,086
1976 $698,408,262 $521,658,712,133
1975 $676,870,140 $492,434,094,920
1974 $554,654,861 $446,934,971,657
1973 $504,376,074 $399,833,571,167
1972 $410,331,857 $300,899,944,795
1971 $335,073,028 $250,900,942,397
1970 $333,627,713 $216,629,229,947
1969 $330,748,245 $177,733,486,326
1968 $326,323,105 $156,527,292,653
1967 $306,221,953 $145,100,667,773
1966 $302,925,235 $143,304,275,684
1965 $289,908,680 $134,774,688,191
1964 $269,819,006 $123,330,404,665
1963 $253,927,697 $112,232,503,744
1962 $236,434,954 $105,895,435,234
1961 $235,668,221 $96,558,204,043
1960 $226,195,578 $84,619,845,881

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

GeoRank.org/economy/benin/germany | CC BY

GDP per capita in Benin vs Germany by year

Benin
GDP per capita

GDP per capita, PPP
Germany
GDP per capita

GDP per capita, PPP
1x
Year Current $
Benin Germany
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,658 - $60,496 -
2024 $1,485 $4,435 $56,104 $73,552
2023 $1,394 $4,130 $54,777 $71,684
2022 $1,266 $3,844 $50,507 $69,049
2021 $1,319 $3,464 $52,349 $62,531
2020 $1,200 $3,245 $47,395 $58,686
2019 $1,131 $3,149 $47,656 $59,271
2018 $1,152 $2,965 $48,916 $56,273
2017 $1,055 $2,886 $45,554 $54,110
2016 $1,011 $2,842 $42,949 $51,570
2015 $1,002 $2,725 $41,930 $48,545
2014 $1,204 $2,670 $48,960 $47,939
2013 $1,169 $2,512 $47,207 $45,889
2012 $1,072 $2,346 $44,718 $44,229
2011 $1,059 $2,265 $47,631 $43,398
2010 $973 $2,220 $42,397 $39,726
2009 $1,024 $2,213 $42,472 $37,574
2008 $1,061 $2,215 $46,379 $38,444
2007 $912 $2,136 $42,351 $36,914
2006 $809 $2,021 $36,980 $34,741
2005 $779 $1,946 $35,084 $32,314
2004 $759 $1,915 $34,567 $31,753
2003 $676 $1,842 $30,711 $30,301
2002 $546 $1,800 $25,487 $29,514
2001 $492 $1,746 $23,878 $28,674
2000 $487 $1,671 $23,926 $27,474
1999 $525 $1,592 $26,965 $26,518
1998 $362 $1,537 $27,396 $25,446
1997 $345 $1,508 $27,047 $24,649
1996 $369 $1,444 $30,600 $24,169
1995 $348 $1,395 $31,747 $23,631
1994 $262.1 $1,316 $27,202 $22,869
1993 $387 $1,311 $25,617 $21,900
1992 $302 $1,265 $26,560 $21,746
1991 $365 $1,239 $23,443 $21,001
1990 $371 $1,186 $22,386 $19,468
1989 $293.3 - $17,829 -
1988 $326 - $17,997 -
1987 $324 - $16,739 -
1986 $285.8 - $13,511 -
1985 $230.4 - $9,464 -
1984 $238.6 - $9,347 -
1983 $256 - $9,900 -
1982 $305 - $9,950 -
1981 $320 - $10,246 -
1980 $358 - $12,183 -
1979 $311 - $11,322 -
1978 $249.8 - $9,517 -
1977 $207 - $7,711 -
1976 $197.7 - $6,659 -
1975 $196.5 - $6,259 -
1974 $164.9 - $5,660 -
1973 $153.6 - $5,065 -
1972 $127.9 - $3,824 -
1971 $106.9 - $3,204 -
1970 $108.8 - $2,771 -
1969 $110.3 - $2,281 -
1968 $111.2 - $2,025 -
1967 $106.6 - $1,886 -
1966 $107.6 - $1,871 -
1965 $105.1 - $1,774 -
1964 $99.8 - $1,637 -
1963 $95.7 - $1,502 -
1962 $90.8 - $1,431 -
1961 $92.1 - $1,316 -
1960 $89.9 - $1,162 -

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

GeoRank.org/economy/benin/germany | CC BY

Benin's GDP per capita is $1,658, ranking 162/197, compared to $60,496 in Germany, ranking 18/197. Adjusted for purchasing power (GDP per capita PPP), Benin ranks 162nd at $4,435, while Germany ranks 20th at $73,552.

Economic indicators

Benin Germany
Gross domestic product
$24.6B
2025
$5.05T
2025
GDP rank
124/197
2025
3/197
2025
GDP growth
8.07%
2024-2025
0.24%
2024-2025
GDP per capita
$1,658
2025
$60,496
2025
GDP per capita rank
162/197
2025
18/197
2025
GDP per capita, PPP
$4,435
2024
$73,552
2024
GDP per capita PPP rank
162/197
2024
20/197
2024
Government debt
$14.1B
2025
$3.18T
2025
Debt-to-GDP ratio
57.3%
2025
62.9%
2025
Government debt per person
$950
2025
$38,071
2025
Government debt per person rank
145/185
2025
21/185
2025
Average annual personal income after taxes
$1,056
2026
$40,352
2026
Market capitalization of domestic companies n/a
$2.9T
2025
Number of millionaires n/a
2,648,000
2026
Number of billionaires n/a
212
2026
Income share by richest 10%
27.2%
2021
26.2%
2022
Income share by poorest 10%
3.1%
2021
2.3%
2022
Government expenditure, % of GDP
18.5%
2025
50.5%
2025
Consumer prices inflation
1.1%
2024-2025
2.17%
2024-2025
Unemployment rate
1.69%
2022
3.8%
2025
Population
15358725
82830814

Spending and national debt comparison by year

Benin
Spending

Debt
Germany
Spending

Debt
1x
Year % of GDP
Benin Germany
Government spending Government debt Government spending Government debt
2025 18.5% 57.3% 50.5% 62.9%
2024 18.2% 60.5% 49.4% 62.2%
2023 19.3% 61.3% 48.1% 62.3%
2022 20% 59.7% 48.6% 64.4%
2021 20% 55.6% 50.7% 67.9%
2020 19.1% 46.1% 51.1% 68%
2019 14.3% 40.4% 45.5% 58.7%
2018 16.5% 40.8% 44.7% 60.8%
2017 17.7% 39.4% 44.5% 64%
2016 15.4% 35.9% 44.7% 68.3%
2015 18.2% 30.9% 44.5% 71.2%
2014 14.2% 22.3% 44.5% 74.5%
2013 14.9% 18.5% 45.2% 77.5%
2012 14.2% 19.5% 45.1% 79.8%
2011 14.7% 21.9% 45.3% 78.5%
2010 14.1% 21% 48.1% 81%
2009 17% 18.7% 48.3% 72.4%
2008 14.5% 18.3% 44.4% 65.2%
2007 15.8% 14.3% 43.5% 63.7%
2006 13% 8.37% 45.3% 66.4%
2005 14.1% 27% 46.9% 67.1%
2004 13.4% 21.5% 47% 65%
2003 13.7% 23.4% 48.5% 63.3%
2002 15.3% 30.8% 48.2% 59.8%
2001 15.4% 38% 47.7% 58.1%
2000 15.6% 39.6% 48.1% 59.2%
1999 10.7% 39.4% 48.5% 60.3%
1998 14.9% 53.6% 48.3% 59.4%
1997 17.3% 42.9% 48.8% 58.8%
1996 18.2% 43.4% 49.6% 57.7%
1995 20.2% 48.3% 55.2% 54.9%
1994 18.5% 64.6% 48.3% 47.5%
1993 16.4% 41.9% 48.3% 45.1%
1992 18.4% 41.8% 47.4% 41.4%
1991 17.2% 44% 46.5% 39%
1990 18.1% 45.3% 44.7% 40.7%
1989 17.1% 50.3% 44.3% 39.2%
1988 - - 45.6% 40.5%
1987 - - 46% 40.1%
1986 - - 45.7% 39.1%
1985 - - 46.6% 39.2%
1984 - - 47.2% 38.7%
1983 - - 47.9% 38%
1982 - - 49.1% 36.4%
1981 - - 49% 33.6%
1980 - - 48.2% 30.1%
1979 - - 47.4% 28.2%
1978 - - 47.7% 27.4%
1977 - - 49% 26%
1976 - - 49.4% 25.1%
1975 - - 50.3% 23.7%
1974 - - 46% 18.5%
1973 - - 42.4% 17.3%
1972 - - 41.8% 18%
1971 - - 40.9% 17.7%
1970 - - 39.5% 17.7%
1969 - - 29.7% 20.3%
1968 - - 28.5% 22.5%
1967 - - 28.8% 22.5%
1966 - - 28.3% 19.8%
1965 - - 28.4% 18.7%
1964 - - 29% 18.2%
1963 - - 29.1% 18.1%
1962 - - 29.2% 17.6%
1961 - - 28.8% 18.7%
1960 - - 22.9% 18.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-07-08).

GeoRank.org/economy/benin/germany | CC BY

In 2025, Benin's government spending was $4.54B, accounting for 18.5% of its GDP, while Germany spent $2.55T, or 50.5% of GDP.

Debt-to-GDP ratio is 57.3% in Benin and 62.9% in Germany, ranking 83/185 and 70/185, respectively.

Government deficit by year

Deficit/surplus
Benin

Germany
1x
Year Deficit/surplus, % of GDP
Benin Germany
2025 -2.9% -2.67%
2024 -3.06% -2.66%
2023 -4.13% -2.49%
2022 -5.55% -1.91%
2021 -2.53% -3.17%
2020 -4.68% -4.38%
2019 -0.53% 1.33%
2018 -2.96% 1.88%
2017 -4.18% 1.34%
2016 -4.29% 1.13%
2015 -5.55% 0.91%
2014 -1.65% 0.73%
2013 -1.37% 0.12%
2012 -0.22% -0.05%
2011 -0.98% -0.84%
2010 -0.28% -4.42%
2009 -2.24% -3.18%
2008 -0.04% -0.26%
2007 0.22% 0.15%
2006 -0.15% -1.76%
2005 -1.52% -3.37%
2004 -0.7% -3.42%
2003 -1.07% -3.83%
2002 -3.33% -4.09%
2001 -3.27% -3.12%
2000 -3.69% -1.71%
1999 1.94% -1.87%
1998 2.5% -2.65%
1997 0.64% -3.03%
1996 -0.15% -3.64%
1995 -2.61% -9.44%
1994 -2.14% -2.54%
1993 -0.56% -3.11%
1992 -2.71% -2.63%
1991 -3.08% -3.21%
1990 -3.24% -1.94%
1989 0.89% 0.08%
1988 - -2.02%
1987 - -1.85%
1986 - -1.18%
1985 - -1.18%
1984 - -2.04%
1983 - -2.95%
1982 - -3.56%
1981 - -4.03%
1980 - -3.02%
1979 - -2.71%
1978 - -2.62%
1977 - -2.56%
1976 - -3.5%
1975 - -5.78%
1974 - -1.69%
1973 - 1.14%
1972 - -0.37%
1971 - 0.16%
1970 - 0.53%
1969 - -0.43%
1968 - 1.39%
1967 - 2.73%
1966 - 1.76%
1965 - 2.26%
1964 - 1.49%
1963 - 1.43%
1962 - 0.49%
1961 - -0.12%
1960 - -0.34%
1959 - 0.77%
1958 - 1.77%
1957 - 1.99%
1956 - 0.59%
1955 - -1.41%
1954 - -0.37%
1953 - -0.13%
1952 - 0%
1951 - 1.15%
1950 - 1.81%
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 - -0.64%
1933 - -0.43%
1932 - -1.11%
1931 - -1.03%
1930 - -1.52%
1929 - -0.9%
1928 - -1.47%
1927 - -0.44%
1926 - -1.3%
1925 - 0.34%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.007%
1912 - -0.26%
1911 - 0.06%
1910 - -0.21%
1909 - 0.11%
1908 - -0.11%
1907 - -0.14%
1906 - 0.76%
1905 - 1.21%
1904 - 0.41%
1903 - 0.88%
1902 - 0.08%
1901 - 0.91%
1900 - 0.27%
1899 - 0.6%
1898 - 0.47%
1897 - 0.39%
1896 - 0.63%
1895 - 0.47%
1894 - 0.44%
1893 - 0.42%
1892 - -0.24%
1891 - 1.18%
1890 - 0.12%
1889 - 1.16%
1888 - 0.62%
1887 - 0.88%
1886 - 0.23%
1885 - 0.21%
1884 - 0.23%
1883 - 0.55%
1882 - 0.41%
1881 - 0.12%
1880 - -0.13%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/benin/germany | CC BY

In 2025, Benin's government deficit, the difference between spending and revenue, was $712M, equivalent to 2.9% of GDP. This compares to Germany's deficit of $135B, or 2.67% of GDP.

Over the past 37 years, Benin recorded a fiscal deficit in 32 of those years, while Germany ran a deficit in 28 years. On average, Benin posted an annual deficit equal to 1.87% of GDP, compared to deficit of 1.99% of GDP for Germany.

Inflation comparison by year

Inflation
Benin

Germany
1x
Year Consumer prices inflation
Benin Germany
2025 1.1% 2.17%
2024 1.2% 2.26%
2023 2.7% 5.95%
2022 1.4% 6.87%
2021 1.7% 3.07%
2020 3% 0.14%
2019 -0.9% 1.45%
2018 0.8% 1.73%
2017 1.8% 1.51%
2016 -0.8% 0.49%
2015 0.2% 0.51%
2014 -0.6% 0.91%
2013 0.4% 1.5%
2012 6.7% 2.01%
2011 2.7% 2.08%
2010 2.1% 1.1%
2009 0.9% 0.31%
2008 7.4% 2.63%
2007 1.3% 2.3%
2006 3.8% 1.58%
2005 5.4% 1.55%
2004 0.9% 1.67%
2003 1.5% 1.03%
2002 2.4% 1.42%
2001 4% 1.98%
2000 4.2% 1.44%
1999 0.3% 0.59%
1998 5.8% 0.91%
1997 3.8% 1.94%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/benin/germany | CC BY

Over the past 29 years, Benin has recorded an average annual inflation rate of 2.25%, compared with 1.83% in Germany. In 2025, inflation was 1.1% in Benin and 2.17% in Germany.

Top exports between countries

Benin
Export category Export value
Textiles & consumer goods $1.83M
Processed food, beverages & tobacco $840K
Raw agricultural goods $739K
Machinery & equipment $276K
Precious metals & jewellery $210K
Wood & paper products $16K
Raw materials & minerals $5K
Chemicals & pharma $3K
Metals $2K
Animal & marine products $1K
Germany
Export category Export value
Machinery & equipment $29.4M
Animal & marine products $15.1M
Processed food, beverages & tobacco $6.52M
Chemicals & pharma $5.7M
Metals $3.86M
Textiles & consumer goods $3.22M
Miscellaneous $1.6M
Raw materials & minerals $1.28M
Wood & paper products $888K
Raw agricultural goods $430K

Balance of trade

Benin Germany
Current account balance
-$1.61B
2023
$228B
2025
Current account balance ranking
132/190
2023
2/190
2025
Current account balance, % of GDP
-8.18%
2023
+4.51%
2025
Goods imports
$4.65B
2023
$1.32T
2025
Goods exports
$4.05B
2023
$1.53T
2025
Service imports
$1.54B
2023
$602B
2025
Service exports
$461M
2023
$518B
2025
Imports of goods and services, % of GDP
20.1%
2025
38.1%
2025
Exports of goods and services, % of GDP
17.1%
2025
40.4%
2025

Economic freedom indices

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

Benin Germany
Economic freedom 60 71.7
Economic freedom ranking 96/197 30/197
Property rights 46.4 95.5
Government integrity 44.1 84.5
Judicial effectiveness 47.7 94.6
Tax burden 69.4 60.5
Government spending 89.1 28.8
Fiscal health 65.4 83.1
Business freedom 53.3 79.8
Labor freedom 60.2 52.2
Monetary freedom 82.1 72.5
Trade freedom 62.6 79.4
Investment freedom 50 60
Financial freedom 50 70

Economic freedom comparison by year

Benin
Germany
1x
Year Economic freedom index
Benin Germany
2026 60 71.7
2025 58.5 71.6
2024 57.7 72.1
2023 59.8 73.7
2022 61 76.1
2021 59.6 72.5
2020 55.2 73.5
2019 55.3 73.5
2018 56.7 74.2
2017 59.2 73.8
2016 59.3 74.4
2015 58.8 73.8
2014 57.1 73.4
2013 57.6 72.8
2012 55.7 71
2011 56 71.8
2010 55.4 71.1
2009 55.4 70.5
2008 55.2 70.6
2007 55.1 70.8
2006 54 70.8
2005 52.3 68.1
2004 54.6 69.5
2003 54.9 69.7
2002 57.3 70.4
2001 60.1 69.5
2000 61.5 65.7
1999 60.6 65.6
1998 61.7 64.3
1997 61.3 67.5
1996 54.5 69.1
1995 - 69.8

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

GeoRank.org/economy/benin/germany | CC BY

The Economic Freedom Index for Benin is 60, ranking 96/197, compared to 71.7 for Germany, ranking 30/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Benin Germany
Services, % of GDP
50.1%
2025
64.5%
2025
Industry, % of GDP
17.5%
2025
25.2%
2025
Agriculture, forestry, and fishing, % of GDP
22.9%
2025
0.87%
2025
GNI, Atlas method
$23.7B
2025
$5.03T
2025
GNI per capita, PPP
$4,760
2025
$78,140
2025
Total reserves including gold n/a
$572B
2025
Total reserves ranking n/a
7/177
2025
Net foreign direct investment
-$430M
2023
$12.9B
2025
Net inflows of foreign direct investment
$543M
2024
$62.6B
2024
Net outflows of foreign direct investment
$60.3M
2024
$87B
2024
Servicing debt to the IMF, % of GNI
5.38%
2024
n/a
Poverty at national poverty lines
36.2%
2021
14.8%
2021
Gross capital formation, % of GDP
35.8%
2025
21.9%
2025

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/benin/germany | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1997, 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 (2022–2025, 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.