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Economy of Brazil vs Saint Lucia compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $2.55B for Saint Lucia, ranking 10/197 and 173/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Brazil vs Saint Lucia GDP by year

Brazil
Saint Lucia
1x
Year GDP, current $
Brazil Saint Lucia
2024 $2,185,821,648,944 $2,549,062,963
2023 $2,191,131,869,706 $2,430,166,667
2022 $1,951,923,832,084 $2,342,714,815
2021 $1,670,647,464,063 $1,867,185,185
2020 $1,476,107,292,152 $1,499,274,074
2019 $1,873,288,158,839 $2,095,344,444
2018 $1,916,933,708,353 $2,060,955,556
2017 $2,063,514,688,806 $1,998,503,704
2016 $1,795,693,265,999 $1,868,544,444
2015 $1,802,211,999,456 $1,807,640,741
2014 $2,456,043,766,032 $1,749,185,185
2013 $2,472,819,362,044 $1,660,392,593
2012 $2,465,228,293,707 $1,598,207,407
2011 $2,616,156,606,579 $1,568,370,370
2010 $2,208,838,108,484 $1,482,385,185
2009 $1,666,996,294,252 $1,401,507,889
2008 $1,695,855,391,758 $1,437,731,111
2007 $1,397,114,247,189 $1,336,088,815
2006 $1,107,626,711,163 $1,268,319,185
2005 $891,633,826,625 $1,135,555,556
2004 $669,289,321,945 $1,066,666,667
2003 $558,233,724,165 $987,407,407
2002 $509,795,270,685 $900,000,000
2001 $559,983,704,094 $892,592,593
2000 $655,448,188,259 $932,592,593
1999 $599,642,075,004 $921,851,852
1998 $863,711,007,325 $877,407,407
1997 $883,206,452,795 $805,925,926
1996 $850,426,433,004 $788,888,889
1995 $769,333,330,412 $762,962,963
1994 $525,369,851,354 $713,703,704
1993 $368,295,778,245 $684,814,815
1992 $328,187,960,872 $674,074,074
1991 $342,609,231,343 $613,703,704
1990 $390,725,626,003 $579,629,630
1989 $412,990,820,287 $486,666,667
1988 $307,881,930,752 $429,629,630
1987 $283,056,836,894 $375,555,556
1986 $256,480,852,471 $340,000,000
1985 $210,879,844,639 $284,444,444
1984 $188,339,974,087 $251,481,481
1983 $189,656,506,321 $197,037,037
1982 $271,314,113,768 $183,333,333
1981 $258,015,174,749 $194,444,444
1980 $237,393,489,893 $170,370,370
1979 $221,338,204,480 -
1978 $200,278,646,124 -
1977 $176,344,101,402 -
1976 $153,168,949,208 -
1975 $129,203,555,239 -
1974 $109,794,519,728 -
1973 $83,592,275,863 -
1972 $58,434,858,375 -
1971 $48,869,830,902 -
1970 $42,327,664,794 -
1969 $37,171,640,819 -
1968 $33,930,457,425 -
1967 $31,086,389,195 -
1966 $28,283,323,733 -
1965 $22,465,522,884 -
1964 $20,963,733,695 -
1963 $23,287,712,878 -
1962 $19,231,747,852 -
1961 $17,275,940,449 -
1960 $17,030,465,539 -

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

GeoRank.org/economy/brazil/saint-lucia | CC BY

GDP per capita in Brazil vs Saint Lucia by year

Brazil
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $14,182 $27,567
2023 $10,378 $21,176 $13,555 $25,975
2022 $9,281 $19,877 $13,104 $24,599
2021 $7,973 $18,076 $10,459 $19,101
2020 $7,074 $16,102 $8,411 $14,912
2019 $9,030 $16,070 $11,794 $18,710
2018 $9,301 $15,464 $11,643 $17,433
2017 $10,081 $14,559 $11,333 $16,131
2016 $8,836 $14,309 $10,638 $15,307
2015 $8,936 $14,821 $10,335 $14,353
2014 $12,275 $15,827 $10,045 $14,403
2013 $12,459 $15,722 $9,577 $14,010
2012 $12,522 $15,198 $9,260 $13,443
2011 $13,397 $15,212 $9,129 $13,471
2010 $11,403 $14,452 $8,674 $12,718
2009 $8,679 $13,391 $8,251 $12,600
2008 $8,908 $13,445 $8,517 $12,969
2007 $7,410 $12,673 $7,964 $12,199
2006 $5,934 $11,751 $7,611 $11,758
2005 $4,828 $11,081 $6,863 $10,818
2004 $3,664 $10,526 $6,495 $10,610
2003 $3,091 $9,802 $6,059 $9,707
2002 $2,856 $9,617 $5,568 $9,205
2001 $3,176 $9,304 $5,570 $9,106
2000 $3,767 $9,092 $5,880 $9,314
1999 $3,494 $8,635 $5,883 $9,214
1998 $5,106 $8,599 $5,673 $8,965
1997 $5,299 $8,602 $5,282 $8,456
1996 $5,179 $8,301 $5,244 $8,490
1995 $4,757 $8,097 $5,148 $8,222
1994 $3,299 $7,727 $4,892 $8,041
1993 $2,349 $7,260 $4,765 $7,865
1992 $2,127 $6,869 $4,760 $7,753
1991 $2,258 $6,867 $4,399 $7,127
1990 $2,620 $6,688 $4,205 $6,951
1989 $2,819 - $3,565 -
1988 $2,141 - $3,182 -
1987 $2,006 - $2,819 -
1986 $1,854 - $2,591 -
1985 $1,556 - $2,202 -
1984 $1,420 - $1,979 -
1983 $1,461 - $1,576 -
1982 $2,138 - $1,489 -
1981 $2,080 - $1,605 -
1980 $1,959 - $1,428 -
1979 $1,870 - - -
1978 $1,733 - - -
1977 $1,562 - - -
1976 $1,390 - - -
1975 $1,201 - - -
1974 $1,045 - - -
1973 $815 - - -
1972 $583 - - -
1971 $500 - - -
1970 $444 - - -
1969 $399 - - -
1968 $374 - - -
1967 $351 - - -
1966 $328 - - -
1965 $268 - - -
1964 $257.3 - - -
1963 $294.2 - - -
1962 $250.2 - - -
1961 $231.6 - - -
1960 $235.3 - - -

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

GeoRank.org/economy/brazil/saint-lucia | CC BY

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Brazil Saint Lucia
Gross domestic product
$2.19T
2024
$2.55B
2024
GDP rank
10/197
2024
173/197
2024
GDP growth
3.42%
2023-2024
3.89%
2023-2024
GDP per capita
$10,311
2024
$14,182
2024
GDP per capita rank
85/197
2024
70/197
2024
GDP per capita, PPP
$22,338
2024
$27,567
2024
GDP per capita PPP rank
88/197
2024
75/197
2024
Government debt
$1.91T
2024
$1.97B
2024
Debt-to-GDP ratio
87.3%
2024
77.2%
2024
Government debt per person
$8,999
2024
$10,952
2024
Government debt per person rank
60/185
2024
52/185
2024
Average annual personal income after taxes
$6,263
2026
$10,412
2026
Market capitalization of domestic companies
$659B
2024
n/a
Number of millionaires
433,000
2025
n/a
Number of billionaires
56
2025
n/a
Income share by richest 10%
40.8%
2023
34.1%
2015
Income share by poorest 10%
1.3%
2023
2.1%
2015
Government expenditure, % of GDP
45.7%
2024
24.5%
2024
Consumer prices inflation
4.4%
2023-2024
-0.11%
2023-2024
Central bank interest rate
15%
2025
n/a
Unemployment rate
6.8%
2024
10.1%
2024
Population
213824938
180638

Spending and national debt comparison by year

Brazil
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Brazil Saint Lucia
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 24.5% 77.2%
2023 45.3% 84% 25.6% 76.6%
2022 43.4% 83.9% 23% 74.4%
2021 40.4% 88.9% 27.4% 87%
2020 46.2% 96% 34.9% 100%
2019 43% 87.1% 25.1% 62.1%
2018 44.2% 84.8% 23.2% 60.5%
2017 44.3% 82.7% 23.3% 60.4%
2016 45.5% 77.4% 23% 61.3%
2015 46.2% 71.7% 23.7% 61.1%
2014 41.4% 61.6% 23.6% 62.4%
2013 39.8% 59.6% 25.4% 62.1%
2012 39.3% 61.6% 28% 60.8%
2011 39.4% 60.6% 27% 55.2%
2010 39.5% 62.4% 26% 53%
2009 40.5% 64.7% 24.5% 51%
2008 39.9% 61.4% 22.2% 46.7%
2007 40.4% 63% 22.6% 49.1%
2006 42.6% 64.6% 24.7% 48.6%
2005 41.9% 67% 26% 51.9%
2004 39.7% 68% 22.9% 49.6%
2003 41.3% 71.5% 22.9% 45.6%
2002 44.5% 76.1% 23.6% 48.8%
2001 39.8% 67.3% 22.1% 38.1%
2000 34.5% 62.2% 20.7% 32.5%
1999 39.6% 44.5% 20.9% 28.9%
1998 40.9% 38.9% 18.8% 29.4%
1997 38.6% 31.8% 19.5% 27.2%
1996 38.2% 30.7% 18.9% 24.1%
1995 - 28% 19.2% 22.9%
1994 - 30% 19.1% 23.8%
1993 - 32.6% 21.8% 22.9%
1992 - 37.1% 18.4% 22.2%
1991 - 38.1% 18.4% 19.8%
1990 - 40.6% 16.7% 17%
1989 - 40.2% 19% 18.1%
1988 - 46.9% 18.2% 18.6%
1987 - 50.3% 19.9% 19.6%
1986 11.7% 49.4% 21.1% 17.2%
1985 11.1% 52.6% 20.4% 17.1%
1984 10% 55.8% - -
1983 9.7% 51.5% - -
1982 8.1% 32.8% - -
1981 7.8% 34.6% - -
1980 6.8% 39.7% - -
1979 9% 36.6% - -
1978 10.2% 37% - -
1977 10.4% 31% - -
1976 10.6% 31.8% - -
1975 10.7% 27.7% - -
1974 10.5% 25.7% - -
1973 11% 22.4% - -
1972 12.6% 22.5% - -
1971 11.7% 17.9% - -
1970 11.4% 17% - -
1969 11.2% 16.5% - -
1968 14.4% 15.8% - -
1967 13.5% 13.8% - -
1966 14.6% 19.6% - -
1965 14% 17.6% - -
1964 25.4% 22.2% - -
1963 22.8% 20.4% - -
1962 23.1% 23.7% - -
1961 12% 25.7% - -
1960 13.7% 22.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

GeoRank.org/economy/brazil/saint-lucia | CC BY

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 77.2% in Saint Lucia, ranking 38/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Brazil Saint Lucia
2024 -6.19% -2.13%
2023 -7.71% -3.09%
2022 -3.96% -1.67%
2021 -2.63% -5.1%
2020 -11.6% -12%
2019 -4.86% -3.51%
2018 -6.99% -1.03%
2017 -7.97% -1.14%
2016 -7.99% -0.79%
2015 -9.28% -2.35%
2014 -6.27% -3.08%
2013 -3.42% -4.84%
2012 -2.35% -7.62%
2011 -2.74% -5.38%
2010 -3.55% -4.17%
2009 -4.23% -2.67%
2008 -2.39% -0.72%
2007 -2.66% -1.62%
2006 -4.87% -5.07%
2005 -3.36% -6.18%
2004 -2.95% -2.63%
2003 -5.4% -3.23%
2002 -4.15% -3.1%
2001 -3.47% -3.08%
2000 -3.32% -1.16%
1999 -5.17% 1.62%
1998 -7.22% 2.25%
1997 -5.6% -1.13%
1996 -5.35% -0.58%
1995 - -0.13%
1994 - -0.02%
1993 - -0.26%
1992 - -0.66%
1991 - -0.43%
1990 - 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 -1.6% -1.61%
1985 -1.3% -1.5%
1984 -0.4% -
1983 0.1% -
1982 1.4% -
1981 1% -
1980 2.5% -
1979 0.4% -
1978 -0.1% -
1977 0.1% -
1976 0.1% -
1975 0% -
1974 0.6% -
1973 0.1% -
1972 -0.1% -
1971 -0.3% -
1970 -0.4% -
1969 -0.6% -
1968 -1.6% -
1967 -2.1% -
1966 -1.3% -
1965 -2% -
1964 -8.79% -
1963 -5.78% -
1962 -6.82% -
1961 -2.93% -
1960 -3.85% -
1959 -0.18% -
1958 -0.76% -
1957 -0.29% -
1956 -0.14% -
1955 -0.62% -
1954 -0.49% -
1953 -1.26% -
1952 0.64% -
1951 0.87% -
1950 -1.58% -
1949 -1.22% -
1948 0.002% -
1947 0.25% -
1946 -1.78% -
1945 -2.87% -
1944 -2.37% -
1943 -0.75% -
1942 -2.55% -
1941 -2.15% -
1940 -1.13% -
1939 -1.2% -
1938 -0.59% -
1937 -1.62% -
1936 -0.27% -
1935 -0.5% -
1934 -2.28% -
1933 -1.56% -
1932 -6.47% -
1931 -1.56% -
1930 -3.58% -
1929 -0.09% -
1928 0.57% -
1927 0.12% -
1926 -0.76% -
1925 -0.07% -
1924 -0.45% -
1923 -1.94% -
1922 -3.8% -
1921 -2.98% -
1920 -3.11% -
1919 -3.69% -
1918 -4.51% -
1917 -4.8% -
1916 -4.35% -
1915 -6.33% -
1914 -7.32% -
1913 -1.91% -
1912 -3.05% -
1911 -2.15% -
1910 -2.06% -
1909 -1.62% -
1908 -1.89% -
1907 0.38% -
1906 0.28% -
1905 0.96% -
1904 -0.62% -
1903 1.79% -
1902 1.59% -
1901 -2.46% -
1900 -5.57% -
1899 -2.13% -
1898 -14% -
1897 -2.38% -
1896 -0.79% -
1895 -1.33% -
1894 -4.11% -
1893 -1.77% -
1892 -2.6% -
1891 0.51% -
1890 -3.02% -
1889 -3.79% -
1888 0.63% -
1887 -0.76% -
1886 -3.8% -
1885 -5.71% -
1884 -3.89% -
1883 -3.33% -
1882 -1.58% -
1881 -1.9% -
1880 -4.84% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/saint-lucia | CC BY

In 2024, Brazil's government deficit, the difference between spending and revenue, was $135B, equivalent to 6.19% of GDP. This compares to Saint Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 40 years, Brazil recorded a fiscal deficit in 31 of those years, while Saint Lucia ran a deficit in 34 years. On average, Brazil posted an annual deficit equal to 4.86% of GDP, compared to deficit of 2.15% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Brazil

Saint Lucia
1x
Year Consumer prices inflation
Brazil Saint Lucia
2024 4.4% -0.11%
2023 4.6% 4.07%
2022 9.3% 6.38%
2021 8.3% 2.41%
2020 3.2% -1.76%
2019 3.7% 0.54%
2018 3.7% 1.94%
2017 3.4% 0.1%
2016 8.7% -3.08%
2015 9% -0.98%
2014 6.3% 3.52%
2013 6.2% 1.47%
2012 5.4% 4.18%
2011 6.6% 2.77%
2010 5% 3.25%
2009 4.9% -0.16%
2008 5.7% 5.55%
2007 3.6% 2.82%
2006 4.2% 2.4%
2005 6.9% 3.9%
2004 6.6% 1.46%
2003 14.7% 1.03%
2002 8.4% -0.26%
2001 6.8% 5.31%
2000 7% 3.71%
1999 4.9% 3.5%
1998 3.2% 3.2%
1997 6.9% -0.006%

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/brazil/saint-lucia | CC BY

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 2.04% in Saint Lucia. In 2024, inflation was 4.4% in Brazil and -0.11% in Saint Lucia.

Top exports between countries

Brazil
Export category Export value
Raw materials & minerals $71M
Wood & paper products $1.43M
Raw agricultural goods $622K
Textiles & consumer goods $482K
Machinery & equipment $473K
Processed food, beverages & tobacco $470K
Chemicals & pharma $185K
Animal & marine products $150K
Metals $12K
Saint Lucia
Export category Export value

Balance of trade

Brazil Saint Lucia
Current account balance
-$66.2B
2024
-$64.1M
2024
Current account balance ranking
188/190
2024
86/190
2024
Current account balance, % of GDP
-3.03%
2024
-2.52%
2024
Goods imports
$274B
2024
$848M
2024
Goods exports
$340B
2024
$137M
2024
Service imports
$103B
2024
$598M
2024
Service exports
$48.1B
2024
$1.46B
2024
Imports of goods and services, % of GDP
17.6%
2024
n/a
Exports of goods and services, % of GDP
17.9%
2024
19%
2025

Economic freedom indices

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

Brazil Saint Lucia
Economic freedom 52.4 67.5
Economic freedom ranking 148/197 57/197
Property rights 49.2 64.3
Government integrity 37.2 59.7
Judicial effectiveness 55.6 77.3
Tax burden 70.6 77.7
Government spending 39.8 82.6
Fiscal health 28 80
Business freedom 65.7 71.9
Labor freedom 57 65.2
Monetary freedom 76 81
Trade freedom 69 60
Investment freedom 40 50
Financial freedom 40 40

Economic freedom comparison by year

Brazil
Saint Lucia
1x
Year Economic freedom index
Brazil Saint Lucia
2026 52.4 67.5
2025 55.1 67
2024 53.2 62.2
2023 53.5 60.7
2022 53.3 64.3
2021 53.4 67.5
2020 53.7 68.2
2019 51.9 68.7
2018 51.4 67.6
2017 52.9 65
2016 56.5 70
2015 56.6 70.2
2014 56.9 70.7
2013 57.7 70.4
2012 57.9 71.3
2011 56.3 70.8
2010 55.6 70.5
2009 56.7 68.8
2008 56.2 -
2007 56.2 -
2006 60.9 -
2005 61.7 -
2004 62 -
2003 63.4 -
2002 61.5 -
2001 61.9 -
2000 61.1 -
1999 61.3 -
1998 52.3 -
1997 52.6 -
1996 48.1 -
1995 51.4 -

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

GeoRank.org/economy/brazil/saint-lucia | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Saint Lucia
Services, % of GDP
59.2%
2024
75.9%
2024
Industry, % of GDP
20.9%
2024
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
1.13%
2024
GNI, Atlas method
$2.11T
2024
$2.27B
2024
GNI per capita, PPP
$21,590
2024
$24,840
2024
Total reserves including gold
$330B
2024
$406M
2024
Total reserves ranking
11/177
2024
162/177
2024
Net foreign direct investment
-$47.8B
2024
-$187M
2024
Net inflows of foreign direct investment
$74.1B
2024
$187M
2024
Net outflows of foreign direct investment
$26.3B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
3.42%
2024
Poverty at national poverty lines
4.2%
2020
25%
2016
Gross capital formation, % of GDP
17%
2024
n/a

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/brazil/saint-lucia | 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 (1880–2000, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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 (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, 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.