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Economy of Bosnia and Herzegovina vs Denmark compared: GDP & Debt

Updated on by Georank

Bosnia and Herzegovina has a GDP of $32.6B compared to $463B for Denmark, ranking 110/197 and 36/197 by economy size, respectively.

Bosnia and Herzegovina has $9.76B in government debt (29.9% of GDP), compared to $127B (27.5% of GDP) in Denmark.

Bosnia and Herzegovina vs Denmark GDP by year

Bosnia and Herzegovina
Denmark
1x
Year GDP, current $
Bosnia Denmark
2025 $32,599,982,936 $462,526,660,468
2024 $29,737,363,103 $424,524,722,037
2023 $27,592,361,498 $404,651,706,118
2022 $24,534,663,636 $400,114,306,337
2021 $23,672,712,121 $406,110,162,088
2020 $20,226,038,370 $355,631,021,932
2019 $20,482,608,984 $345,401,473,013
2018 $20,484,058,033 $355,293,374,912
2017 $18,326,373,136 $331,610,593,962
2016 $17,116,926,554 $312,181,849,372
2015 $16,404,348,361 $301,758,922,338
2014 $18,558,734,107 $352,832,602,064
2013 $18,179,109,209 $344,631,016,965
2012 $17,226,735,996 $326,792,574,245
2011 $18,644,233,537 $344,315,595,263
2010 $17,176,315,804 $322,345,594,075
2009 $17,613,949,091 $322,619,152,195
2008 $19,112,796,623 $354,979,471,960
2007 $15,778,734,264 $320,213,157,595
2006 $12,864,841,906 $283,386,151,544
2005 $11,222,796,337 $265,150,087,712
2004 $10,156,541,221 $251,986,155,631
2003 $8,498,894,359 $218,421,193,436
2002 $6,728,220,983 $178,788,209,558
2001 $5,800,615,375 $164,881,594,415
2000 $5,567,772,769 $164,043,817,224
1999 $4,686,256,363 $177,887,720,536
1998 $4,116,774,301 $176,877,077,513
1997 $3,671,909,673 $173,241,365,735
1996 $2,786,045,322 $187,481,157,846
1995 $1,866,572,954 $184,848,481,008
1994 $1,255,802,469 $156,017,919,221
1993 $3,630,668,950 $143,111,306,004
1992 $4,735,044,707 $152,966,494,260
1991 $6,122,959,184 $139,180,507,778
1990 $7,753,478,261 $138,217,740,684
1989 - $112,312,200,761
1988 - $115,540,189,705
1987 - $109,183,446,340
1986 - $87,748,695,217
1985 - $62,452,421,011
1984 - $58,868,891,335
1983 - $60,331,158,447
1982 - $60,084,214,872
1981 - $61,459,941,461
1980 - $70,811,287,816
1979 - $70,393,030,603
1978 - $60,320,089,218
1977 - $49,711,709,588
1976 - $44,503,607,444
1975 - $40,418,967,666
1974 - $34,125,712,481
1973 - $30,718,181,337
1972 - $23,230,667,549
1971 - $19,086,192,720
1970 - $17,075,457,733
1969 - $15,414,902,667
1968 - $13,505,574,133
1967 - $13,059,064,806
1966 - $11,931,740,293
1965 - $10,870,670,865
1964 - $9,677,401,337
1963 - $8,466,044,980
1962 - $7,953,274,741
1961 - $7,058,361,229
1960 - $6,361,166,545

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

GeoRank.org/economy/bosnia-and-herzegovina/denmark | CC BY

GDP per capita in Bosnia and Herzegovina vs Denmark by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Denmark
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Denmark
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,382 - $76,970 -
2024 $9,398 $25,043 $71,026 $81,878
2023 $8,663 $23,376 $68,044 $77,892
2022 $7,656 $21,651 $67,781 $78,914
2021 $7,295 $18,287 $69,341 $69,715
2020 $6,130 $16,370 $60,985 $62,682
2019 $6,122 $16,429 $59,404 $60,595
2018 $6,048 $14,859 $61,325 $57,234
2017 $5,345 $13,627 $57,522 $55,272
2016 $4,929 $12,899 $54,501 $51,821
2015 $4,662 $11,845 $53,094 $48,897
2014 $5,206 $11,168 $62,520 $47,880
2013 $5,035 $10,808 $61,378 $46,869
2012 $4,694 $10,121 $58,444 $44,755
2011 $4,983 $9,761 $61,810 $44,444
2010 $4,506 $9,086 $58,105 $43,038
2009 $4,540 $8,698 $58,413 $40,524
2008 $4,842 $8,587 $64,617 $41,467
2007 $3,931 $7,686 $58,632 $39,110
2006 $3,166 $6,869 $52,119 $37,392
2005 $2,740 $5,956 $48,926 $34,238
2004 $2,453 $5,407 $46,625 $33,016
2003 $2,034 $4,917 $40,519 $30,864
2002 $1,607 $4,665 $33,257 $30,667
2001 $1,388 $4,307 $30,768 $29,459
2000 $1,338 $4,148 $30,722 $28,648
1999 $1,135 $3,875 $33,426 $26,642
1998 $1,007 $3,524 $33,346 $25,799
1997 $914 $3,041 $32,780 $24,887
1996 $719 $2,269 $35,622 $23,723
1995 $502 $1,507 $35,321 $22,677
1994 $337 $1,269 $29,968 $21,669
1993 $930 $1,067 $27,582 $20,217
1992 $1,118 $982 $29,579 $19,830
1991 $1,373 $975 $27,003 $19,067
1990 $1,743 $1,043 $26,886 $18,225
1989 - - $21,882 -
1988 - - $22,525 -
1987 - - $21,296 -
1986 - - $17,137 -
1985 - - $12,213 -
1984 - - $11,517 -
1983 - - $11,797 -
1982 - - $11,740 -
1981 - - $12,000 -
1980 - - $13,822 -
1979 - - $13,757 -
1978 - - $11,818 -
1977 - - $9,770 -
1976 - - $8,773 -
1975 - - $7,988 -
1974 - - $6,764 -
1973 - - $6,117 -
1972 - - $4,654 -
1971 - - $3,846 -
1970 - - $3,464 -
1969 - - $3,151 -
1968 - - $2,776 -
1967 - - $2,701 -
1966 - - $2,487 -
1965 - - $2,284 -
1964 - - $2,049 -
1963 - - $1,807 -
1962 - - $1,711 -
1961 - - $1,531 -
1960 - - $1,389 -

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

GeoRank.org/economy/bosnia-and-herzegovina/denmark | CC BY

Bosnia and Herzegovina's GDP per capita is $10,382, ranking 87/197, compared to $76,970 in Denmark, ranking 11/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Denmark ranks 14th at $81,878.

Economic indicators

Bosnia Denmark
Gross domestic product
$32.6B
2025
$463B
2025
GDP rank
110/197
2025
36/197
2025
GDP growth
2.13%
2024-2025
2.93%
2024-2025
GDP per capita
$10,382
2025
$76,970
2025
GDP per capita rank
87/197
2025
11/197
2025
GDP per capita, PPP
$25,043
2024
$81,878
2024
GDP per capita PPP rank
83/197
2024
14/197
2024
Government debt
$9.76B
2025
$127B
2025
Debt-to-GDP ratio
29.9%
2025
27.5%
2025
Government debt per person
$3,108
2025
$21,192
2025
Government debt per person rank
104/185
2025
32/185
2025
Average annual personal income after taxes
$9,479
2026
$52,602
2026
Market capitalization of domestic companies n/a
$151B
2004
Number of millionaires n/a
376,000
2025
Number of billionaires n/a
9
2026
Income share by richest 10%
23.6%
2021
25.5%
2023
Income share by poorest 10%
3.3%
2021
3.6%
2023
Government expenditure, % of GDP
44.9%
2025
47.6%
2025
Consumer prices inflation
4%
2024-2025
1.89%
2024-2025
Central bank interest rate n/a
1.6%
2025
Unemployment rate
10.7%
2024
6.4%
2025
Population
3114736
6042125

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Denmark
Spending

Debt
1x
Year % of GDP
Bosnia Denmark
Government spending Government debt Government spending Government debt
2025 44.9% 29.9% 47.6% 27.5%
2024 43.3% 29.4% 47.3% 30.5%
2023 41.9% 29% 47.4% 33%
2022 39.4% 31.2% 45.1% 33.3%
2021 40.6% 35.8% 49.7% 39.6%
2020 45.4% 37.2% 53.3% 45.2%
2019 39.9% 32.8% 49.8% 38.3%
2018 40.4% 34.5% 50.8% 38.5%
2017 40% 38.6% 50.6% 40.2%
2016 41.5% 44.9% 52.4% 41.7%
2015 42.7% 46.4% 54.4% 44.6%
2014 46.2% 47.1% 55.1% 48.7%
2013 43.8% 43.8% 55.6% 47.8%
2012 47.9% 43.6% 57.9% 48.7%
2011 46.4% 40.9% 56.3% 50%
2010 48.7% 42.2% 56.5% 46.1%
2009 49% 36.4% 56.3% 43%
2008 48.4% 30.3% 50.3% 35.5%
2007 45.2% 18.2% 49.5% 29.5%
2006 44.2% 20.6% 49.7% 33.2%
2005 44.5% 24.9% 51.1% 39.4%
2004 45.6% 25.5% 52.8% 46.2%
2003 47.3% 27.6% 53.5% 48.2%
2002 47.4% 31.1% 53.1% 50.3%
2001 50.2% 35.1% 53% 50.1%
2000 56.2% 34.6% 52.9% 53.6%
1999 57.5% 56% 54.7% 56.8%
1998 54.4% 54.4% 55.6% 60.3%
1997 - - 56.2% 64.4%
1996 - - 58.2% 68.3%
1995 - - 58.7% 71.5%
1994 - - 59.5% 75.3%
1993 - - 59.5% 78.7%
1992 - - 56.4% 66.7%
1991 - - 55.5% 63.2%
1990 - - 55.1% 62.4%
1989 - - 56.2% 62.2%
1988 - - 56.1% 64.7%
1987 - - 54% 62.5%
1986 - - 52.3% 66.8%
1985 - - 55.5% 74.7%
1984 - - 56.6% 77.7%
1983 - - 57.9% 74.2%
1982 - - 57.7% 64.5%
1981 - - 56.3% 51.7%
1980 - - 52.7% 39.2%
1979 - - 49.6% 31.8%
1978 - - 47.2% 25.5%
1977 - - 45.6% 15.2%
1976 - - 45% 11.4%
1975 - - 45.3% 7.01%
1974 - - 43.6% 6.2%
1973 - - 39.5% 8.94%
1972 - - 42.1% 11.5%
1971 - - 42.2% 12.9%
1970 - - 24.4% 7.62%
1969 - - 25.3% 8.36%
1968 - - 24.3% 9.36%
1967 - - 22.2% 10.1%
1966 - - 21.1% 11.2%
1965 - - 17.1% 12.9%
1964 - - 17.6% 14.5%
1963 - - 18.2% 13.7%
1962 - - 17% 15.3%
1961 - - 15.6% 16.4%
1960 - - 16.4% 20.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1991, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/denmark | CC BY

In 2025, Bosnia and Herzegovina's government spending was $14.6B, accounting for 44.9% of its GDP, while Denmark spent $220B, or 47.6% of GDP.

Debt-to-GDP ratio is 29.9% in Bosnia and Herzegovina and 27.5% in Denmark, ranking 156/185 and 161/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Denmark
1x
Year Deficit/surplus, % of GDP
Bosnia Denmark
2025 -2.41% 2.85%
2024 -1.96% 4.46%
2023 -1.67% 3.43%
2022 0.15% 3.39%
2021 -0.18% 4.08%
2020 -4.5% 0.36%
2019 1.37% 4.28%
2018 1.63% 0.81%
2017 1.79% 1.69%
2016 0.34% 0.3%
2015 -0.19% -0.9%
2014 -2.87% 1.43%
2013 -2.19% -0.94%
2012 -3.76% -3.2%
2011 -2.73% -1.77%
2010 -4.06% -2.52%
2009 -5.34% -2.75%
2008 -3.82% 3.46%
2007 0.17% 5.31%
2006 2.08% 5.29%
2005 0.74% 5.2%
2004 -0.18% 2.23%
2003 -0.44% 0.14%
2002 -2.99% 0.25%
2001 -3.44% 1.13%
2000 -4.63% 1.79%
1999 -2.78% 1.06%
1998 -0.98% -0.28%
1997 - -1.22%
1996 - -2.4%
1995 - -3.5%
1994 - -3.85%
1993 - -3.73%
1992 - -2.6%
1991 - -3.15%
1990 - -1.78%
1989 - 0.3%
1988 - 1.46%
1987 - 2.46%
1986 - 3.23%
1985 - -1.38%
1984 - -3.58%
1983 - -6.29%
1982 - -8.22%
1981 - -5.84%
1980 - -2.32%
1979 - -0.69%
1978 - 0.41%
1977 - 0.37%
1976 - 0.19%
1975 - -1.23%
1974 - 3.7%
1973 - 4.97%
1972 - 5.01%
1971 - 4.96%
1970 - 0.7%
1969 - 0.3%
1968 - -0.06%
1967 - 1.49%
1966 - 0.99%
1965 - 2.13%
1964 - 1.79%
1963 - 1.2%
1962 - -0.09%
1961 - 1.73%
1960 - 1.25%
1959 - 0.79%
1958 - 0.25%
1957 - 0.26%
1956 - -0.01%
1955 - -1.17%
1954 - -0.84%
1953 - 1.75%
1952 - 1.18%
1951 - 0.79%
1950 - 1.08%
1949 - 0.63%
1948 - 1.07%
1947 - 0.84%
1946 - 2.69%
1945 - -1.03%
1944 - 0%
1943 - 0%
1942 - 0%
1941 - 0%
1940 - 0%
1939 - 0%
1938 - 0.03%
1937 - 0.22%
1936 - -1.36%
1935 - -0.97%
1934 - 0.03%
1933 - 1.69%
1932 - -3.22%
1931 - -1.67%
1930 - 0.03%
1929 - 0.13%
1928 - -4.99%
1927 - -2.33%
1926 - -0.48%
1925 - -3.1%
1924 - -0.8%
1923 - -0.56%
1922 - -1.33%
1921 - -2.41%
1920 - -0.46%
1919 - -0.38%
1918 - 1.95%
1917 - 3.1%
1916 - 1.51%
1915 - -0.48%
1914 - 0.43%
1913 - 0.07%
1912 - 0.13%
1911 - -1.02%
1910 - -1.72%
1909 - -2.49%
1908 - -0.82%
1907 - 0.26%
1906 - -0.42%
1905 - 0.22%
1904 - -0.1%
1903 - 0.03%
1902 - -0.06%
1901 - -0.71%
1900 - -0.84%
1899 - -0.59%
1898 - -0.43%
1897 - -0.61%
1896 - -0.07%
1895 - -0.17%
1894 - -0.26%
1893 - -0.42%
1892 - -0.73%
1891 - -0.76%
1890 - -0.97%
1889 - -0.55%
1888 - -0.49%
1887 - -0.68%
1886 - -0.39%
1885 - 0.48%
1884 - 1.2%
1883 - 0.73%
1882 - 0.35%
1881 - 0.42%
1880 - -2.65%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/denmark | CC BY

In 2025, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $784M, equivalent to 2.41% of GDP. This compares to Denmark's surplus of $13.2B, or 2.85% of GDP.

Over the past 28 years, Bosnia and Herzegovina recorded a fiscal deficit in 20 of those years, while Denmark ran a deficit in 7 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.53% of GDP, compared to surplus of 1.45% of GDP for Denmark.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Denmark
1x
Year Consumer prices inflation
Bosnia Denmark
2025 4% 1.89%
2024 1.7% 1.37%
2023 6.1% 3.31%
2022 14% 7.7%
2021 2% 1.85%
2020 -1% 0.42%
2019 0.6% 0.76%
2018 1.4% 0.81%
2017 0.8% 1.15%
2016 -1.6% 0.25%
2015 -1% 0.45%
2014 -0.9% 0.56%
2013 -0.1% 0.79%
2012 2.1% 2.4%
2011 4% 2.76%
2010 2.1% 2.31%
2009 -0.4% 1.3%
2008 7.4% 3.42%
2007 1.5% 1.69%
2006 6.1% 1.92%
2005 3.6% 1.82%
2004 0.3% 1.15%
2003 0.5% 2.08%
2002 0.3% 2.42%
2001 3.2% 2.34%
2000 5% 2.9%
1999 2.8% 2.5%
1998 -0.3% 1.85%
1997 5.7% 2.18%

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/bosnia-and-herzegovina/denmark | CC BY

Over the past 29 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.41%, compared with 1.94% in Denmark. In 2025, inflation was 4% in Bosnia and Herzegovina and 1.89% in Denmark.

Top exports between countries

Bosnia
Export category Export value
Machinery & equipment $16M
Transport & tourism services $14.2M
Textiles & consumer goods $12.3M
Raw materials & minerals $2.94M
IT & IP services $2.38M
Wood & paper products $1.37M
Metals $1.22M
Chemicals & pharma $1.08M
Processed food, beverages & tobacco $999K
Miscellaneous $284K
Denmark
Export category Export value
Machinery & equipment $14.8M
Processed food, beverages & tobacco $7.85M
Animal & marine products $6.04M
Textiles & consumer goods $3.4M
Wood & paper products $2.66M
Miscellaneous $1.57M
Chemicals & pharma $1.1M
Raw agricultural goods $741K
Metals $703K
Raw materials & minerals $103K

Balance of trade

Bosnia Denmark
Current account balance
-$1.02B
2025
$51.8B
2024
Current account balance ranking
117/190
2025
13/190
2024
Current account balance, % of GDP
-3.14%
2025
+12.2%
2024
Goods imports
$16.3B
2025
$132B
2024
Goods exports
$9.5B
2025
$172B
2024
Service imports
$1.42B
2025
$125B
2024
Service exports
$3.92B
2025
$129B
2024
Imports of goods and services, % of GDP
54.1%
2025
59.1%
2025
Exports of goods and services, % of GDP
41%
2025
70.1%
2025

Economic freedom indices

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

Bosnia Denmark
Economic freedom 63.1 79
Economic freedom ranking 83/197 8/197
Property rights 46.9 99.9
Government integrity 36.8 98
Judicial effectiveness 36.1 89.3
Tax burden 93.9 43.4
Government spending 48.4 34.8
Fiscal health 96.2 98
Business freedom 65.1 90.4
Labor freedom 62.7 65
Monetary freedom 77.5 80.1
Trade freedom 69 79.4
Investment freedom 65 90
Financial freedom 60 80

Economic freedom comparison by year

Bosnia and Herzegovina
Denmark
1x
Year Economic freedom index
Bosnia Denmark
2026 63.1 79
2025 63.5 79.1
2024 62 77.8
2023 62.9 77.6
2022 63.4 78
2021 62.9 77.8
2020 62.6 78.3
2019 61.9 76.7
2018 61.4 76.6
2017 60.2 75.1
2016 58.6 75.3
2015 59 76.3
2014 58.4 76.1
2013 57.3 76.1
2012 57.3 76.2
2011 57.5 78.6
2010 56.2 77.9
2009 53.1 79.6
2008 53.9 79.2
2007 54.4 77
2006 55.6 75.4
2005 48.8 75.3
2004 44.7 72.4
2003 40.6 73.2
2002 37.4 71.1
2001 36.6 68.3
2000 45.1 68.3
1999 29.4 68.1
1998 29.4 67.5
1997 - 67.5
1996 - 67.3

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/denmark | CC BY

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 79 for Denmark, ranking 8/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Denmark
Services, % of GDP
57.7%
2025
62.7%
2025
Industry, % of GDP
21.5%
2025
24.8%
2025
Agriculture, forestry, and fishing, % of GDP
4.36%
2025
1.17%
2025
GNI, Atlas method
$31.2B
2025
$464B
2025
GNI per capita, PPP
$25,810
2025
$85,460
2025
Total reserves including gold
$9.42B
2024
$128B
2025
Total reserves ranking
83/177
2024
24/177
2025
Net foreign direct investment
-$526M
2025
$12.5B
2024
Net inflows of foreign direct investment
$1B
2024
$18.2B
2024
Net outflows of foreign direct investment
$119M
2024
$30.7B
2024
Servicing debt to the IMF, % of GNI
4.91%
2024
n/a
Poverty at national poverty lines
16.9%
2015
12.4%
2021
Gross capital formation, % of GDP
28.7%
2025
22.1%
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/bosnia-and-herzegovina/denmark | 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 (1880–1991, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
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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.