Skip to content

Economy of Brazil vs Vietnam compared: GDP & Debt

Updated on by Georank

Brazil has a GDP of $2.28T compared to $515B for Vietnam, ranking 11/197 and 33/197 by economy size, respectively.

Brazil has $2.13T in government debt (93.3% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Brazil vs Vietnam GDP by year

Brazil
Vietnam
1x
Year GDP, current $
Brazil Vietnam
2025 $2,279,920,092,492 $514,697,215,165
2024 $2,185,821,610,689 $476,324,572,784
2023 $2,191,131,765,685 $433,805,036,898
2022 $1,951,923,942,083 $413,445,230,669
2021 $1,670,647,398,905 $366,474,752,771
2020 $1,476,107,231,310 $346,615,738,538
2019 $1,873,288,205,060 $334,365,270,497
2018 $1,916,933,898,011 $310,106,478,395
2017 $2,063,514,977,366 $281,353,605,987
2016 $1,795,693,482,853 $257,096,001,178
2015 $1,802,212,206,815 $239,258,328,382
2014 $2,456,043,727,199 $233,451,469,643
2013 $2,472,819,535,557 $213,708,811,665
2012 $2,465,227,802,807 $195,590,661,129
2011 $2,616,156,223,918 $172,595,049,184
2010 $2,208,837,745,101 $147,201,173,197
2009 $1,666,996,438,581 $106,014,659,565
2008 $1,695,855,083,498 $99,130,304,099
2007 $1,397,114,486,369 $77,414,425,532
2006 $1,107,626,541,435 $66,371,664,817
2005 $891,633,839,894 $57,633,255,738
2004 $669,289,424,806 $45,427,854,693
2003 $558,233,745,652 $39,552,513,232
2002 $509,795,273,807 $35,064,105,501
2001 $559,983,634,799 $32,685,198,809
2000 $655,448,231,984 $31,172,518,403
1999 $599,642,024,320 $28,683,659,007
1998 $863,710,759,256 $27,209,602,050
1997 $883,206,179,730 $26,843,700,442
1996 $850,426,432,992 $24,657,470,575
1995 $769,333,050,987 $20,736,164,459
1994 $525,369,467,296 $16,286,433,533
1993 $368,292,034,381 $13,180,953,598
1992 $328,191,909,882 $9,866,990,236
1991 $342,534,090,909 $9,613,369,520
1990 $384,959,818,182 $6,471,740,806
1989 $412,990,820,287 $6,293,304,975
1988 $307,881,930,752 $25,423,812,649
1987 $283,056,836,894 $36,658,108,850
1986 $256,480,852,471 $26,336,616,250
1985 $210,879,844,639 $14,094,687,821
1984 $188,339,974,087 -
1983 $189,656,506,321 -
1982 $271,314,113,768 -
1981 $258,015,174,749 -
1980 $237,393,489,893 -
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/vietnam | CC BY

GDP per capita in Brazil vs Vietnam by year

Brazil
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,713 - $5,066 -
2024 $10,311 $22,338 $4,717 $16,386
2023 $10,378 $21,176 $4,323 $15,034
2022 $9,281 $19,877 $4,148 $13,905
2021 $7,973 $18,076 $3,704 $12,049
2020 $7,074 $16,102 $3,534 $11,609
2019 $9,030 $16,070 $3,441 $11,029
2018 $9,301 $15,464 $3,222 $10,010
2017 $10,081 $14,559 $2,956 $9,170
2016 $8,836 $14,309 $2,735 $8,375
2015 $8,936 $14,821 $2,578 $7,672
2014 $12,275 $15,827 $2,546 $7,297
2013 $12,459 $15,722 $2,360 $6,758
2012 $12,522 $15,198 $2,185 $6,377
2011 $13,397 $15,212 $1,951 $5,786
2010 $11,403 $14,452 $1,683 $5,389
2009 $8,679 $13,391 $1,226 $5,061
2008 $8,908 $13,445 $1,164 $4,844
2007 $7,410 $12,673 $926 $4,581
2006 $5,934 $11,751 $808 $4,237
2005 $4,828 $11,081 $711 $3,894
2004 $3,664 $10,526 $565 $3,543
2003 $3,091 $9,802 $497 $3,240
2002 $2,856 $9,617 $445 $3,002
2001 $3,176 $9,304 $419 $2,809
2000 $3,767 $9,092 $404 $2,614
1999 $3,494 $8,635 $376 $2,421
1998 $5,106 $8,599 $361 $2,308
1997 $5,299 $8,602 $362 $2,189
1996 $5,179 $8,301 $337 $2,019
1995 $4,757 $8,097 $287.8 $1,841
1994 $3,299 $7,727 $229.9 $1,674
1993 $2,349 $7,260 $189.4 $1,534
1992 $2,127 $6,869 $144.5 $1,413
1991 $2,258 $6,867 $143.7 $1,298
1990 $2,581 $6,688 $98.8 $1,210
1989 $2,819 - $98.1 -
1988 $2,141 - $405 -
1987 $2,006 - $595 -
1986 $1,854 - $436 -
1985 $1,556 - $238.6 -
1984 $1,420 - - -
1983 $1,461 - - -
1982 $2,138 - - -
1981 $2,080 - - -
1980 $1,959 - - -
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/vietnam | CC BY

Brazil's GDP per capita is $10,713, ranking 85/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Vietnam ranks 108th at $16,386.

Economic indicators

Brazil Vietnam
Gross domestic product
$2.28T
2025
$515B
2025
GDP rank
11/197
2025
33/197
2025
GDP growth
2.29%
2024-2025
8.02%
2024-2025
GDP per capita
$10,713
2025
$5,066
2025
GDP per capita rank
85/197
2025
122/197
2025
GDP per capita, PPP
$22,338
2024
$16,386
2024
GDP per capita PPP rank
88/197
2024
108/197
2024
Government debt
$2.13T
2025
$156B
2025
Debt-to-GDP ratio
93.3%
2025
30.3%
2025
Government debt per person
$9,999
2025
$1,537
2025
Government debt per person rank
60/185
2025
130/185
2025
Average annual personal income after taxes
$6,555
2026
$5,133
2026
Market capitalization of domestic companies
$871B
2025
$316B
2025
Number of millionaires
386,000
2026
n/a
Number of billionaires
70
2026
5
2026
Income share by richest 10%
39.3%
2024
28.1%
2022
Income share by poorest 10%
1.3%
2024
2.6%
2022
Government expenditure, % of GDP
47.4%
2025
22.1%
2025
Consumer prices inflation
5%
2024-2025
3.3%
2024-2025
Central bank interest rate
14.5%
2026
4.5%
2023
Unemployment rate
5.83%
2025
1.53%
2024
Population
213964342
102486146

Spending and national debt comparison by year

Brazil
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Brazil Vietnam
Government spending Government debt Government spending Government debt
2025 47.4% 93.3% 22.1% 30.3%
2024 45.5% 87% 19.1% 31.2%
2023 45.3% 84% 18.8% 34.3%
2022 43.4% 83.9% 18.2% 34.9%
2021 40.4% 88.9% 20.1% 39.2%
2020 46.2% 96% 21.3% 41.3%
2019 43% 87.1% 19.8% 41%
2018 44.2% 84.8% 20.5% 43.8%
2017 44.3% 82.7% 21.5% 46.6%
2016 45.5% 77.4% 22.2% 47.9%
2015 46.2% 71.7% 24.2% 46.1%
2014 41.4% 61.6% 22.8% 43.6%
2013 39.8% 59.6% 24.5% 41.4%
2012 39.3% 61.6% 23.5% 38.3%
2011 39.4% 60.6% 21.2% 36.2%
2010 39.5% 62.4% 23.7% 37.3%
2009 40.5% 64.7% 25% 36.2%
2008 39.9% 61.4% 21.4% 31%
2007 40.4% 63% 22.3% 32.2%
2006 42.6% 64.6% 20.5% 30.2%
2005 41.9% 67% 20.6% 28.7%
2004 39.7% 68% 19.4% 29.4%
2003 41.3% 71.5% 22.2% 29.8%
2002 44.5% 76.1% 19.7% 27.7%
2001 39.8% 67.3% 19.2% 25.4%
2000 34.5% 62.2% 17.8% 24.8%
1999 39.6% 44.5% 16.7% -
1998 40.9% 38.9% 16% -
1997 38.6% 31.8% - -
1996 38.2% 30.7% - -
1995 - 28% - -
1994 - 30% - -
1993 - 32.6% - -
1992 - 37.1% - -
1991 - 38.1% - -
1990 - 40.6% - -
1989 - 40.2% - -
1988 - 46.9% - -
1987 - 50.3% - -
1986 11.7% 49.4% - -
1985 11.1% 52.6% - -
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 (1998–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

GeoRank.org/economy/brazil/vietnam | CC BY

In 2025, Brazil's government spending was $1.08T, accounting for 47.4% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 93.3% in Brazil and 30.3% in Vietnam, ranking 29/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Vietnam
1x
Year Deficit/surplus, % of GDP
Brazil Vietnam
2025 -8.07% -2.2%
2024 -6.17% -1.54%
2023 -7.71% -1.72%
2022 -3.96% 0.67%
2021 -2.63% -1.43%
2020 -11.6% -2.86%
2019 -4.86% -0.4%
2018 -6.99% -1.02%
2017 -7.97% -1.96%
2016 -7.99% -3.16%
2015 -9.28% -4.98%
2014 -6.27% -5.02%
2013 -3.42% -5.96%
2012 -2.35% -5.46%
2011 -2.74% -0.9%
2010 -3.55% -2.25%
2009 -4.23% -4.82%
2008 -2.39% -0.45%
2007 -2.66% -1.74%
2006 -4.87% 0.2%
2005 -3.36% -0.95%
2004 -2.95% -0.15%
2003 -5.4% -2.56%
2002 -4.15% -1.85%
2001 -3.47% -2.19%
2000 -3.32% -1.61%
1999 -5.17% -1.25%
1998 -7.22% -0.1%
1997 -5.6% -
1996 -5.35% -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 -1.6% -
1985 -1.3% -
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/vietnam | CC BY

In 2025, Brazil's government deficit, the difference between spending and revenue, was $184B, equivalent to 8.07% of GDP. This compares to Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Brazil recorded a fiscal deficit in 28 of those years, while Vietnam ran a deficit in 26 years. On average, Brazil posted an annual deficit equal to 5.17% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Brazil

Vietnam
1x
Year Consumer prices inflation
Brazil Vietnam
2025 5% 3.3%
2024 4.4% 3.6%
2023 4.6% 3.3%
2022 9.3% 3.2%
2021 8.3% 1.8%
2020 3.2% 3.2%
2019 3.7% 2.8%
2018 3.7% 3.5%
2017 3.4% 3.5%
2016 8.7% 2.7%
2015 9% 0.6%
2014 6.3% 4.1%
2013 6.2% 6.6%
2012 5.4% 9.1%
2011 6.6% 18.7%
2010 5% 10.5%
2009 4.9% 6.7%
2008 5.7% 23.1%
2007 3.6% 8.3%
2006 4.2% 7.5%
2005 6.9% 8.4%
2004 6.6% 7.9%
2003 14.7% 3.3%
2002 8.4% 4.1%
2001 6.8% -0.3%
2000 7% -1.8%
1999 4.9% 4.1%
1998 3.2% 7.2%
1997 6.9% 3.1%

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

GeoRank.org/economy/brazil/vietnam | CC BY

Over the past 29 years, Brazil has recorded an average annual inflation rate of 6.09%, compared with 5.59% in Vietnam. In 2025, inflation was 5% in Brazil and 3.3% in Vietnam.

Top exports between countries

Brazil
Export category Export value
Raw agricultural goods $1.86B
Textiles & consumer goods $699M
Processed food, beverages & tobacco $573M
Animal & marine products $359M
Wood & paper products $115M
Raw materials & minerals $75.4M
Chemicals & pharma $55.6M
Machinery & equipment $35.5M
Metals $8.44M
Precious metals & jewellery $360K
Vietnam
Export category Export value
Machinery & equipment $1.34B
Textiles & consumer goods $385M
Raw materials & minerals $333M
Metals $270M
Animal & marine products $129M
Chemicals & pharma $78.9M
Processed food, beverages & tobacco $22.7M
Raw agricultural goods $14.4M
Miscellaneous $13.3M
Wood & paper products $11.9M

Balance of trade

Brazil Vietnam
Current account balance
-$66.7B
2025
$30.2B
2024
Current account balance ranking
188/190
2025
18/190
2024
Current account balance, % of GDP
-2.93%
2025
+6.33%
2024
Goods imports
$291B
2025
$363B
2024
Goods exports
$351B
2025
$407B
2024
Service imports
$105B
2025
$35.6B
2024
Service exports
$54.4B
2025
$25B
2024
Imports of goods and services, % of GDP
17.5%
2025
92.1%
2025
Exports of goods and services, % of GDP
17.8%
2025
98.2%
2025

Economic freedom indices

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

Brazil Vietnam
Economic freedom 52.4 64.4
Economic freedom ranking 148/197 73/197
Property rights 49.2 47.3
Government integrity 37.2 39.2
Judicial effectiveness 55.6 31.3
Tax burden 70.6 80.9
Government spending 39.8 89.5
Fiscal health 28 96.9
Business freedom 65.7 70
Labor freedom 57 54.7
Monetary freedom 76 73.2
Trade freedom 69 79.8
Investment freedom 40 60
Financial freedom 40 50

Economic freedom comparison by year

Brazil
Vietnam
1x
Year Economic freedom index
Brazil Vietnam
2026 52.4 64.4
2025 55.1 65.2
2024 53.2 62.8
2023 53.5 61.8
2022 53.3 60.6
2021 53.4 61.7
2020 53.7 58.8
2019 51.9 55.3
2018 51.4 53.1
2017 52.9 52.4
2016 56.5 54
2015 56.6 51.7
2014 56.9 50.8
2013 57.7 51
2012 57.9 51.3
2011 56.3 51.6
2010 55.6 49.8
2009 56.7 51
2008 56.2 50.4
2007 56.2 49.8
2006 60.9 50.5
2005 61.7 48.1
2004 62 46.1
2003 63.4 46.2
2002 61.5 45.6
2001 61.9 44.3
2000 61.1 43.7
1999 61.3 42.7
1998 52.3 40.4
1997 52.6 38.6
1996 48.1 40.2
1995 51.4 41.7

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

GeoRank.org/economy/brazil/vietnam | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Vietnam
Services, % of GDP
59.7%
2025
42.7%
2025
Industry, % of GDP
20.1%
2025
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
6.09%
2025
11.6%
2025
GNI, Atlas method
$2.25T
2025
$505B
2025
GNI per capita, PPP
$22,670
2025
$17,580
2025
Total reserves including gold
$359B
2025
$85.6B
2025
Total reserves ranking
13/177
2025
33/177
2025
Net foreign direct investment
-$47.5B
2025
-$19.6B
2024
Net inflows of foreign direct investment
$74.1B
2024
$20.2B
2024
Net outflows of foreign direct investment
$26.3B
2024
$600M
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
7.29%
2024
Poverty at national poverty lines
4.2%
2020
4.2%
2022
Gross capital formation, % of GDP
17.1%
2025
30.8%
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/brazil/vietnam | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, 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 (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.