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Economy of Brunei vs India compared: GDP & Debt

Updated on by Georank

Brunei has a GDP of $15B compared to $3.96T for India, ranking 147/197 and 6/197 by economy size, respectively.

Brunei has $232M in government debt (1.54% of GDP), compared to $3.33T (84.1% of GDP) in India.

Brunei vs India GDP by year

Brunei
India
1x
Year GDP, current $
Brunei India
2025 $15,031,980,994 $3,956,067,115,772
2024 $15,340,808,592 $3,760,813,470,501
2023 $15,095,084,656 $3,500,906,030,645
2022 $16,681,536,467 $3,249,938,492,013
2021 $14,006,496,617 $3,167,270,623,260
2020 $12,005,799,654 $2,674,851,578,587
2019 $13,469,235,365 $2,835,606,256,558
2018 $13,566,908,391 $2,702,929,641,649
2017 $12,128,168,045 $2,651,474,262,755
2016 $11,400,266,045 $2,294,796,885,663
2015 $12,930,296,870 $2,103,588,360,045
2014 $17,097,797,386 $2,039,126,479,155
2013 $18,094,148,099 $1,856,721,507,622
2012 $19,048,443,341 $1,827,637,590,410
2011 $18,524,791,063 $1,823,051,829,895
2010 $13,707,121,038 $1,675,615,519,485
2009 $11,912,904,510 $1,341,888,016,995
2008 $15,926,456,515 $1,198,895,139,006
2007 $13,432,029,484 $1,216,736,438,835
2006 $12,644,616,419 $940,259,888,788
2005 $10,547,202,621 $820,383,763,511
2004 $8,619,178,774 $709,152,728,831
2003 $7,167,725,262 $607,700,687,237
2002 $6,333,082,876 $514,939,140,319
2001 $6,096,155,767 $485,440,139,204
2000 $6,570,999,088 $468,395,521,654
1999 $6,309,070,378 $458,821,052,616
1998 $5,550,846,020 $421,351,317,225
1997 $7,793,034,376 $415,867,563,593
1996 $7,663,377,306 $392,896,866,205
1995 $7,700,144,069 $360,281,909,643
1994 $6,467,782,518 $327,274,843,459
1993 $6,203,339,912 $279,295,648,983
1992 $6,327,966,435 $288,208,070,278
1991 $6,284,497,294 $270,105,341,879
1990 $6,039,881,087 $320,979,026,420
1989 $4,983,622,881 $296,042,052,945
1988 $4,535,130,305 $296,589,670,896
1987 $4,918,010,080 $279,033,584,092
1986 $4,190,280,003 $248,985,994,041
1985 $6,967,623,884 $232,511,554,840
1984 $7,632,788,075 $212,157,645,178
1983 $7,927,590,750 $218,262,146,413
1982 $8,932,198,186 $200,715,624,831
1981 $9,367,218,664 $193,491,368,446
1980 $10,795,432,294 $186,328,579,302
1979 $6,044,367,628 $152,995,442,498
1978 $4,100,423,674 $137,302,319,829
1977 $3,681,242,528 $121,486,641,441
1976 $3,054,765,590 $102,716,451,980
1975 $2,496,420,258 $98,473,832,017
1974 $2,319,576,214 $99,526,597,934
1973 $433,095,527 $85,517,673,173
1972 $270,822,782 $71,464,700,667
1971 $197,525,768 $67,351,404,352
1970 $179,078,929 $62,422,483,055
1969 $161,210,236 $58,447,995,017
1968 $160,818,236 $53,085,455,871
1967 $139,029,537 $50,134,942,204
1966 $132,757,528 $45,581,230,504
1965 $114,039,501 $59,556,105,229
1964 - $56,480,289,941
1963 - $48,421,923,459
1962 - $42,161,481,858
1961 - $39,232,435,784
1960 - $37,029,883,876

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

GeoRank.org/economy/brunei/india | CC BY

GDP per capita in Brunei vs India by year

Brunei
GDP per capita

GDP per capita, PPP
India
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brunei India
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $32,235 - $2,702 -
2024 $33,153 $89,879 $2,592 $11,160
2023 $32,891 $85,033 $2,434 $10,323
2022 $36,633 $81,802 $2,280 $9,207
2021 $31,007 $78,249 $2,240 $8,050
2020 $26,834 $69,788 $1,907 $6,966
2019 $30,427 $69,354 $2,041 $7,151
2018 $30,988 $65,149 $1,966 $6,715
2017 $28,024 $61,658 $1,950 $6,145
2016 $26,663 $56,680 $1,708 $5,800
2015 $30,625 $62,708 $1,584 $5,425
2014 $41,027 $81,226 $1,554 $5,192
2013 $44,003 $83,237 $1,433 $5,014
2012 $46,969 $87,256 $1,429 $4,820
2011 $46,383 $82,735 $1,445 $4,455
2010 $34,938 $79,543 $1,348 $4,206
2009 $30,946 $77,957 $1,095 $3,887
2008 $42,157 $80,477 $993 $3,633
2007 $36,217 $83,693 $1,022 $3,508
2006 $34,675 $86,114 $802 $3,221
2005 $29,386 $81,534 $710 $2,937
2004 $24,423 $80,404 $624 $2,682
2003 $20,678 $79,632 $544 $2,461
2002 $18,621 $76,838 $469 $2,277
2001 $18,288 $74,254 $450 $2,200
2000 $20,130 $73,087 $443 $2,091
1999 $19,752 $70,585 $442 $2,006
1998 $17,769 $68,257 $414 $1,852
1997 $25,522 $73,980 $416 $1,759
1996 $25,692 $70,008 $401 $1,695
1995 $26,443 $70,440 $375 $1,579
1994 $22,767 $69,779 $348 $1,467
1993 $22,397 $69,387 $303 $1,374
1992 $23,451 $70,016 $319 $1,309
1991 $23,932 $72,610 $306 $1,239
1990 $23,659 $70,201 $371 $1,212
1989 $20,090 - $350 -
1988 $18,825 - $358 -
1987 $21,030 - $345 -
1986 $18,501 - $315 -
1985 $31,827 - $301 -
1984 $36,061 - $281 -
1983 $38,720 - $296 -
1982 $45,075 - $278.7 -
1981 $48,793 - $275 -
1980 $58,005 - $271.1 -
1979 $33,501 - $228 -
1978 $23,447 - $209.4 -
1977 $21,747 - $189.6 -
1976 $18,671 - $164.1 -
1975 $15,793 - $161.1 -
1974 $15,195 - $166.7 -
1973 $2,939 - $146.6 -
1972 $1,905 - $125.3 -
1971 $1,432 - $120.7 -
1970 $1,325 - $114.4 -
1969 $1,226 - $109.5 -
1968 $1,274 - $101.6 -
1967 $1,149 - $98 -
1966 $1,146 - $91 -
1965 $1,029 - $121.5 -
1964 - - $117.9 -
1963 - - $103.4 -
1962 - - $92.2 -
1961 - - $87.9 -
1960 - - $84.9 -

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

GeoRank.org/economy/brunei/india | CC BY

Brunei's GDP per capita is $32,235, ranking 42/197, compared to $2,702 in India, ranking 149/197. Adjusted for purchasing power (GDP per capita PPP), Brunei ranks 9th at $89,879, while India ranks 130th at $11,160.

Economic indicators

Brunei India
Gross domestic product
$15B
2025
$3.96T
2025
GDP rank
147/197
2025
6/197
2025
GDP growth
0.67%
2024-2025
7.57%
2024-2025
GDP per capita
$32,235
2025
$2,702
2025
GDP per capita rank
42/197
2025
149/197
2025
GDP per capita, PPP
$89,879
2024
$11,160
2024
GDP per capita PPP rank
9/197
2024
130/197
2024
Government debt
$232M
2025
$3.33T
2025
Debt-to-GDP ratio
1.54%
2025
84.1%
2025
Government debt per person
$498
2025
$2,272
2025
Government debt per person rank
169/185
2025
116/185
2025
Average annual personal income after taxes
$25,392
2026
$2,974
2026
Market capitalization of domestic companies n/a
$10.6T
2025
Number of millionaires n/a
944,000
2026
Number of billionaires n/a
229
2026
Income share by richest 10% n/a
22.1%
2022
Income share by poorest 10% n/a
4.5%
2022
Government expenditure, % of GDP
29.9%
2025
28.5%
2025
Consumer prices inflation
-0.3%
2024-2025
2.4%
2024-2025
Central bank interest rate n/a
5.25%
2025
Unemployment rate
4.87%
2024
4.51%
2025
Population
471596
1483314140

Spending and national debt comparison by year

Brunei
Spending

Debt
India
Spending

Debt
1x
Year % of GDP
Brunei India
Government spending Government debt Government spending Government debt
2025 29.9% 1.54% 28.5% 84.1%
2024 30.3% 1.57% 29.3% 84.8%
2023 30.1% 1.67% 29.7% 85%
2022 26.1% 1.33% 30% 84.6%
2021 30.1% 1.43% 30.7% 85.7%
2020 32.8% 2.16% 31.8% 90.6%
2019 32.1% 1.82% 27.4% 76.7%
2018 32.9% 1.9% 26.8% 71.7%
2017 36.6% 2.58% 26.6% 70.8%
2016 39.8% 3% 27.6% 69.8%
2015 37% 2.95% 27.3% 69.8%
2014 34% 3.23% 26.2% 67.6%
2013 33.4% 2.21% 26.5% 68%
2012 31.1% 2.1% 27.2% 68.1%
2011 29.9% 2.13% 27.3% 68.7%
2010 25.5% 1.11% 27.7% 67.7%
2009 34.8% 1.11% 28.1% 72.7%
2008 27.2% 0.94% 28.3% 74.3%
2007 29.3% 0.68% 26.1% 75.4%
2006 28% 0.59% 25.6% 77.9%
2005 29.1% 0% 26% 82.4%
2004 33.2% 0% 28.4% 84.9%
2003 30.9% 0% 29.9% 85.9%
2002 41.4% 0% 29.1% 84.3%
2001 35.5% 0% 28.3% 80.1%
2000 37.5% 0% 26.1% 74.9%
1999 44.1% 0% 25.8% 71.3%
1998 45.4% 0% 26% 69.3%
1997 39% 0% 25.2% 69%
1996 36.9% 0% 24.4% 67.1%
1995 44% 0% 25% 70.9%
1994 47.1% 0% 26.2% 74.8%
1993 38% 0% 26.2% 78.3%
1992 34.1% 0% 26.7% 78.8%
1991 30.6% 0% 26.8% 76.7%
1990 32% 0% 25.4% 50.8%
1989 - - 25.7% 50.5%
1988 - - 24.9% 48.9%
1987 - - 22.5% 48.9%
1986 - - 23.2% 47.9%
1985 - - 21.6% 44.3%
1984 - - 19.8% 41.6%
1983 - - 17.8% 39.6%
1982 - - 17.8% 41.7%
1981 - - 16.6% 37.2%
1980 - - 17.5% 38%
1979 - - 15.6% 32.2%
1978 - - 15% 30.8%
1977 - - 13.9% 29.9%
1976 - - 14.4% 31.3%
1975 - - 12.7% 29.5%
1974 - - 11.3% 29%
1973 - - 12.9% 34.1%
1972 - - 13.5% 37.2%
1971 - - 12.4% 37.6%
1970 - - 11.7% 38.1%
1969 - - 11.5% 38.8%
1968 - - 12.6% 40.3%
1967 - - 13.8% 38.5%
1966 - - 13.8% 36.2%
1965 - - 13.7% 36.8%
1964 - - 13.2% 33.8%
1963 - - 12.3% 35.5%
1962 - - 11.5% 36.2%
1961 - - 11.8% 38.7%
1960 - - 11.2% 36.5%

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

GeoRank.org/economy/brunei/india | CC BY

In 2025, Brunei's government spending was $4.5B, accounting for 29.9% of its GDP, while India spent $1.13T, or 28.5% of GDP.

Debt-to-GDP ratio is 1.54% in Brunei and 84.1% in India, ranking 185/185 and 38/185, respectively.

Government deficit by year

Deficit/surplus
Brunei

India
1x
Year Deficit/surplus, % of GDP
Brunei India
2025 -13.4% -7.44%
2024 -12.9% -7.85%
2023 -8.62% -8.37%
2022 -0.25% -9.23%
2021 -8.34% -9.7%
2020 -16.2% -13.2%
2019 -4.16% -7.86%
2018 -2.9% -6.46%
2017 -13.8% -6.33%
2016 -16.7% -7.21%
2015 -11.4% -7.28%
2014 1.25% -6.9%
2013 10.4% -6.78%
2012 19.5% -7.32%
2011 21.5% -8.03%
2010 11.3% -8.53%
2009 3.61% -9.26%
2008 36.1% -8.15%
2007 3.12% -3.73%
2006 19.8% -5.11%
2005 16% -6.64%
2004 8.57% -9.22%
2003 8.06% -11.4%
2002 -4.61% -11.1%
2001 2.59% -11%
2000 6.86% -8.41%
1999 -18.3% -8.7%
1998 -24% -9.74%
1997 -11.8% -8.28%
1996 -8.7% -6.71%
1995 -19.8% -6.81%
1994 -22.6% -8%
1993 -12.8% -8.57%
1992 -8.28% -7.89%
1991 -1.06% -7.44%
1990 -1.63% -7.63%
1989 - -7.68%
1988 - -7.01%
1987 - -9.53%
1986 - -10.6%
1985 - -9.58%
1984 - -8.54%
1983 - -7.28%
1982 - -6.78%
1981 - -6.07%
1980 - -7.27%
1979 - -4.87%
1978 - -4.45%
1977 - -4.1%
1976 - -4.1%
1975 - -3.11%
1974 - -2.3%
1973 - -3.53%
1972 - -3.14%
1971 - -2.9%
1970 - -2.35%
1969 - -2.66%
1968 - -3.98%
1967 - -4.97%
1966 - -4.18%
1965 - -4.49%
1964 - -4.41%
1963 - -4.16%
1962 - -3.3%
1961 - -4.1%
1960 - -4.05%
1959 - -5.29%
1958 - -5.08%
1957 - -3.35%
1956 - -2.93%
1955 - -2.77%
1954 - -2.61%
1953 - -1.83%
1952 - 0.03%
1951 - -0.5%
1950 - -1.01%
1949 - -0.73%
1948 - -0.82%
1947 - -0.86%
1946 - -2.89%
1945 - -4.4%
1944 - -3.32%
1943 - -3.48%
1942 - -3.62%
1941 - -0.37%
1940 - -0.59%
1939 - -0.32%
1938 - -0.16%
1937 - -0.1%
1936 - -0.45%
1935 - -0.4%
1934 - -0.09%
1933 - 0%
1932 - 0.03%
1931 - -0.68%
1930 - -1.02%
1929 - -0.91%
1928 - -0.87%
1927 - -0.98%
1926 - -0.88%
1925 - -0.67%
1924 - -0.3%
1923 - -0.66%
1922 - -1.05%
1921 - -1.45%
1920 - -1.57%
1919 - -1.04%
1918 - -0.48%
1917 - -5.69%
1916 - 0.25%
1915 - -0.51%
1914 - -0.98%
1913 - -0.85%
1912 - -0.58%
1911 - -0.42%
1910 - -0.85%
1909 - -0.7%
1908 - -1.25%
1907 - -1.22%
1906 - -0.8%
1905 - -2%
1904 - -0.53%
1903 - -0.56%
1902 - -0.56%
1901 - -0.27%
1900 - -1.06%
1899 - -0.56%
1898 - -0.49%
1897 - -1.02%
1896 - -1%
1895 - -0.41%
1894 - -0.5%
1893 - -0.59%
1892 - -0.56%
1891 - -0.64%
1890 - -0.8%
1889 - -0.45%
1888 - -1.94%
1887 - -1.28%
1886 - -0.75%
1885 - -1.48%
1884 - -1.22%
1883 - -0.81%
1882 - -0.77%
1881 - -0.05%
1880 - -0.69%
1879 - -0.39%
1878 - -0.12%
1877 - -0.84%
1876 - -0.8%
1875 - -0.87%
1874 - -0.15%
1873 - -0.28%
1872 - 0.31%
1871 - 0.42%
1870 - 0.19%
1869 - 0.01%
1868 - -0.38%
1867 - -0.12%
1866 - -0.31%
1865 - 0.21%
1864 - -0.11%
1863 - -0.06%
1862 - 0.15%
1861 - -0.16%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1861–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/india | CC BY

In 2025, Brunei's government deficit, the difference between spending and revenue, was $2.02B, equivalent to 13.4% of GDP. This compares to India's deficit of $294B, or 7.44% of GDP.

Over the past 36 years, Brunei recorded a fiscal deficit in 22 of those years, while India ran a deficit in 36 years. On average, Brunei posted an annual deficit equal to 2.04% of GDP, compared to deficit of 8.12% of GDP for India.

Inflation comparison by year

Inflation
Brunei

India
1x
Year Consumer prices inflation
Brunei India
2025 -0.3% 2.4%
2024 -0.39% 4.95%
2023 0.36% 5.65%
2022 3.68% 6.7%
2021 1.73% 5.13%
2020 1.94% 6.62%
2019 -0.39% 3.73%
2018 1.03% 3.94%
2017 -1.26% 3.33%
2016 -0.28% 4.95%
2015 -0.49% 4.91%
2014 -0.21% 6.67%
2013 0.39% 10%
2012 0.11% 9.48%
2011 0.14% 8.91%
2010 0.36% 12%
2009 1.04% 10.9%
2008 2.08% 8.35%
2007 0.97% 6.37%
2006 0.16% 5.8%
2005 1.24% 4.25%
2004 0.81% 3.77%
2003 0.3% 3.81%
2002 -2.31% 4.3%
2001 0.6% 3.78%
2000 1.56% 4.01%
1999 -0.42% 4.67%
1998 -0.44% 13.2%
1997 1.71% 7.16%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/brunei/india | CC BY

Over the past 29 years, Brunei has recorded an average annual inflation rate of 0.47%, compared with 6.2% in India. In 2025, inflation was -0.3% in Brunei and 2.4% in India.

Top exports between countries

Brunei
Export category Export value
Raw materials & minerals $231M
Chemicals & pharma $32.9M
Metals $635K
Machinery & equipment $460K
Miscellaneous $97K
Animal & marine products $74K
Textiles & consumer goods $11K
India
Export category Export value
Machinery & equipment $27.5M
Animal & marine products $10.7M
Raw agricultural goods $6.38M
Chemicals & pharma $4.44M
Processed food, beverages & tobacco $2.72M
Textiles & consumer goods $2.19M
Raw materials & minerals $1.55M
Wood & paper products $644K
Metals $623K
Precious metals & jewellery $55K

Balance of trade

Brunei India
Current account balance
$2.71B
2025
-$16.5B
2025
Current account balance ranking
40/190
2025
182/190
2025
Current account balance, % of GDP
+18%
2025
-0.42%
2025
Goods imports
$6.28B
2025
$761B
2025
Goods exports
$10.3B
2025
$450B
2025
Service imports
$1.54B
2025
$203B
2025
Service exports
$463M
2025
$412B
2025
Imports of goods and services, % of GDP
52%
2025
24%
2025
Exports of goods and services, % of GDP
71.6%
2025
22.3%
2025

Economic freedom indices

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

Brunei India
Economic freedom 67.5 52.5
Economic freedom ranking 55/197 146/197
Property rights 66.1 48.3
Government integrity 60.4 37.8
Judicial effectiveness 48.6 52.6
Tax burden 95 71.2
Government spending 75.6 75.7
Fiscal health 39 6.7
Business freedom 75.3 67.4
Labor freedom 75.1 59
Monetary freedom 74.8 70.9
Trade freedom 84.6 61
Investment freedom 65 40
Financial freedom 50 40

Economic freedom comparison by year

Brunei
India
1x
Year Economic freedom index
Brunei India
2026 67.5 52.5
2025 67 53
2024 65.9 52.9
2023 65.7 52.9
2022 64.8 53.9
2021 66.6 56.5
2020 66.6 56.5
2019 65.1 55.2
2018 64.2 54.5
2017 69.8 52.6
2016 67.3 56.2
2015 68.9 54.6
2014 69 55.7
2013 - 55.2
2012 - 54.6
2011 - 54.6
2010 - 53.8
2009 - 54.4
2008 - 54.1
2007 - 53.9
2006 - 52.2
2005 - 54.2
2004 - 51.5
2003 - 51.2
2002 - 51.2
2001 - 49
2000 - 47.4
1999 - 50.2
1998 - 49.7
1997 - 49.7
1996 - 47.4
1995 - 45.1

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

GeoRank.org/economy/brunei/india | CC BY

The Economic Freedom Index for Brunei is 67.5, ranking 55/197, compared to 52.5 for India, ranking 146/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brunei India
Services, % of GDP
40.2%
2025
49.3%
2025
Industry, % of GDP
60%
2025
25.2%
2025
Agriculture, forestry, and fishing, % of GDP
1.18%
2025
16.2%
2025
GNI, Atlas method
$16.2B
2025
$4.04T
2025
GNI per capita, PPP
$95,420
2025
$11,600
2025
Total reserves including gold
$5.49B
2025
$700B
2025
Total reserves ranking
100/177
2025
5/177
2025
Net foreign direct investment
-$157M
2025
-$3.41B
2025
Net inflows of foreign direct investment
$29.1M
2024
$27.1B
2024
Net outflows of foreign direct investment
$0
2024
$24.2B
2024
Servicing debt to the IMF, % of GNI n/a
2.47%
2024
Poverty at national poverty lines n/a
21.9%
2011
Gross capital formation, % of GDP
27.1%
2025
34.6%
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/brunei/india | 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 (1861–1990, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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 (2021–2025, 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.