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Economy of Bulgaria vs Finland compared: GDP & Debt

Updated on by Georank

Bulgaria has a GDP of $131B compared to $317B for Finland, ranking 63/197 and 48/197 by economy size, respectively.

Bulgaria has $35.4B in government debt (27.1% of GDP), compared to $283B (89.3% of GDP) in Finland.

Bulgaria vs Finland GDP by year

Bulgaria
Finland
1x
Year GDP, current $
Bulgaria Finland
2025 $130,777,235,530 $317,039,368,820
2024 $113,349,149,167 $298,729,432,712
2023 $102,204,457,335 $295,191,741,637
2022 $90,510,784,778 $280,253,099,309
2021 $84,378,926,047 $294,223,210,496
2020 $70,490,478,088 $270,000,311,606
2019 $68,511,235,459 $267,014,821,129
2018 $66,100,606,677 $273,869,255,596
2017 $59,170,671,046 $253,846,138,440
2016 $53,932,152,154 $238,777,818,793
2015 $50,768,512,173 $233,210,733,506
2014 $57,083,817,240 $273,478,528,955
2013 $55,822,115,861 $270,268,036,626
2012 $54,299,825,600 $257,443,384,493
2011 $57,684,243,980 $275,126,915,516
2010 $50,691,645,231 $249,429,613,683
2009 $52,026,461,290 $253,480,783,439
2008 $54,483,464,293 $285,698,662,071
2007 $44,433,521,725 $256,360,251,538
2006 $34,382,295,487 $217,044,068,234
2005 $29,870,182,425 $204,859,368,791
2004 $26,159,078,743 $197,458,297,640
2003 $21,146,038,619 $171,612,867,736
2002 $16,403,880,783 $140,360,963,812
2001 $14,184,170,319 $129,519,672,869
2000 $13,246,669,554 $125,967,821,111
1999 $13,637,793,854 $135,234,241,918
1998 $15,031,821,788 $133,990,876,725
1997 $11,316,706,412 $126,862,902,302
1996 $12,295,588,924 $131,991,975,149
1995 $18,992,388,645 $134,060,457,516
1994 $9,709,230,161 $103,182,697,780
1993 $10,832,041,595 $89,112,105,756
1992 $8,602,874,120 $112,537,828,511
1991 $7,628,764,750 $127,794,441,994
1990 $20,726,605,649 $141,446,120,355
1989 $21,746,286,447 $118,991,270,611
1988 $23,003,003,708 $109,039,090,263
1987 $28,428,718,531 $91,564,993,913
1986 $20,261,546,635 $73,511,611,541
1985 $17,562,270,447 $55,856,676,899
1984 $17,410,894,971 $52,870,993,273
1983 $16,959,180,922 $50,956,447,481
1982 $19,803,624,625 $52,784,013,815
1981 $20,055,685,481 $52,440,066,134
1980 $20,039,544,133 $53,649,984,061
1979 - $44,469,218,440
1978 - $36,259,392,058
1977 - $33,502,784,418
1976 - $31,852,352,670
1975 - $29,475,251,333
1974 - $24,851,036,710
1973 - $19,474,098,335
1972 - $14,744,499,570
1971 - $12,528,522,307
1970 - $11,358,529,162
1969 - $10,177,524,839
1968 - $8,916,565,041
1967 - $9,468,272,357
1966 - $9,306,142,172
1965 - $8,680,393,839
1964 - $7,848,987,793
1963 - $6,958,916,548
1962 - $6,407,796,043
1961 - $5,984,433,774
1960 - $5,279,481,824

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

GeoRank.org/economy/bulgaria/finland | CC BY

GDP per capita in Bulgaria vs Finland by year

Bulgaria
GDP per capita

GDP per capita, PPP
Finland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bulgaria Finland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $20,328 - $56,149 -
2024 $17,597 $41,969 $53,156 $65,378
2023 $15,854 $38,829 $52,865 $63,415
2022 $14,000 $36,320 $50,441 $62,133
2021 $12,967 $30,959 $53,099 $56,790
2020 $10,761 $27,352 $48,829 $53,297
2019 $10,354 $26,766 $48,358 $52,276
2018 $9,850 $23,998 $49,654 $49,249
2017 $8,697 $22,317 $46,085 $47,235
2016 $7,823 $20,746 $43,451 $44,562
2015 $7,269 $18,896 $42,560 $42,258
2014 $8,070 $17,991 $50,074 $41,547
2013 $7,796 $16,894 $49,691 $41,326
2012 $7,432 $16,327 $47,552 $40,739
2011 $7,850 $15,747 $51,060 $40,846
2010 $6,854 $14,954 $46,506 $38,946
2009 $6,989 $14,188 $47,478 $37,988
2008 $7,272 $14,347 $53,769 $40,081
2007 $5,889 $12,822 $48,473 $37,843
2006 $4,523 $11,406 $41,214 $34,440
2005 $3,900 $10,291 $39,050 $32,048
2004 $3,390 $9,200 $37,768 $31,195
2003 $2,720 $8,416 $32,920 $29,043
2002 $2,093 $7,786 $26,989 $28,596
2001 $1,771 $6,960 $24,965 $27,798
2000 $1,621 $6,424 $24,336 $26,783
1999 $1,661 $5,808 $26,180 $24,762
1998 $1,821 $6,178 $26,000 $23,570
1997 $1,361 $5,751 $24,682 $21,787
1996 $1,470 $6,849 $25,757 $20,067
1995 $2,259 $7,743 $26,246 $19,568
1994 $1,150 $7,338 $20,278 $18,458
1993 $1,279 $7,032 $17,589 $17,458
1992 $1,007 $6,917 $22,320 $17,271
1991 $884 $7,215 $25,489 $17,563
1990 $2,377 $7,548 $28,366 $18,149
1989 $2,450 - $23,969 -
1988 $2,561 - $22,044 -
1987 $3,169 - $18,565 -
1986 $2,262 - $14,947 -
1985 $1,960 - $11,394 -
1984 $1,943 - $10,830 -
1983 $1,897 - $10,494 -
1982 $2,221 - $10,935 -
1981 $2,256 - $10,925 -
1980 $2,261 - $11,225 -
1979 - - $9,333 -
1978 - - $7,629 -
1977 - - $7,070 -
1976 - - $6,740 -
1975 - - $6,256 -
1974 - - $5,298 -
1973 - - $4,174 -
1972 - - $3,178 -
1971 - - $2,716 -
1970 - - $2,466 -
1969 - - $2,201 -
1968 - - $1,927 -
1967 - - $2,056 -
1966 - - $2,032 -
1965 - - $1,902 -
1964 - - $1,726 -
1963 - - $1,538 -
1962 - - $1,427 -
1961 - - $1,341 -
1960 - - $1,192 -

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

GeoRank.org/economy/bulgaria/finland | CC BY

Bulgaria's GDP per capita is $20,328, ranking 58/197, compared to $56,149 in Finland, ranking 22/197. Adjusted for purchasing power (GDP per capita PPP), Bulgaria ranks 54th at $41,969, while Finland ranks 27th at $65,378.

Economic indicators

Bulgaria Finland
Gross domestic product
$131B
2025
$317B
2025
GDP rank
63/197
2025
48/197
2025
GDP growth
3.1%
2024-2025
0.17%
2024-2025
GDP per capita
$20,328
2025
$56,149
2025
GDP per capita rank
58/197
2025
22/197
2025
GDP per capita, PPP
$41,969
2024
$65,378
2024
GDP per capita PPP rank
54/197
2024
27/197
2024
Government debt
$35.4B
2025
$283B
2025
Debt-to-GDP ratio
27.1%
2025
89.3%
2025
Government debt per person
$5,507
2025
$50,138
2025
Government debt per person rank
79/185
2025
11/185
2025
Average annual personal income after taxes
$16,126
2026
$36,402
2026
Market capitalization of domestic companies
$11.2B
2025
$20.3B
2004
Number of billionaires
2
2026
7
2026
Income share by richest 10%
31.1%
2023
22.5%
2023
Income share by poorest 10%
2.1%
2023
3.7%
2023
Government expenditure, % of GDP
38.9%
2025
57.6%
2025
Consumer prices inflation
3.5%
2024-2025
0.34%
2024-2025
Central bank interest rate
1.81%
2025
n/a
Unemployment rate
3.5%
2025
9.7%
2025
Population
6390149
5647947

Spending and national debt comparison by year

Bulgaria
Spending

Debt
Finland
Spending

Debt
1x
Year % of GDP
Bulgaria Finland
Government spending Government debt Government spending Government debt
2025 38.9% 27.1% 57.6% 89.3%
2024 36.3% 23.8% 57.8% 82.4%
2023 37.5% 22.9% 56% 77%
2022 37.6% 22.5% 52.6% 74%
2021 38.5% 23.9% 55.2% 73.1%
2020 37.7% 22.7% 56.5% 75.3%
2019 36.1% 18.4% 52.6% 65.3%
2018 34.4% 20.1% 52.7% 65.3%
2017 32% 22.9% 52.8% 66.6%
2016 32.7% 27% 55.1% 68.6%
2015 37.3% 25.4% 55.7% 68.8%
2014 37.1% 26.3% 57.6% 64.8%
2013 35.5% 17.2% 57.1% 60.8%
2012 32.5% 16.5% 55.7% 57.9%
2011 32% 14.3% 53.8% 52%
2010 34.6% 14.1% 54% 50.1%
2009 33.8% 14.5% 54.1% 41.5%
2008 33.5% 14.7% 47.9% 32.6%
2007 33.1% 17.6% 46.7% 33.9%
2006 32.5% 22.6% 48.3% 38%
2005 34% 28.5% 49.2% 39.9%
2004 34.6% 37.8% 48.2% 42.6%
2003 35.8% 45.4% 48.3% 42.7%
2002 35.1% 53.4% 47.5% 40.1%
2001 36.5% 67.1% 46.2% 40.9%
2000 37.1% 73.3% 46.9% 42.4%
1999 36.2% 78.7% 49.9% 44%
1998 30.6% 67.3% 51.3% 46.8%
1997 32.9% 88.4% 54.9% 52.2%
1996 44% 113.8% 58.5% 55.4%
1995 45.4% 72% 60% 55.2%
1994 - - 62.2% 56.2%
1993 - - 63.7% 54.2%
1992 - - 60.8% 39.3%
1991 - - 55.8% 21.9%
1990 - - 47.1% 13.9%
1989 - - 44.4% 14.3%
1988 - - 46.4% 16.5%
1987 - - 47.8% 17.6%
1986 - - 46.9% 16.4%
1985 - - 46.3% 15.8%
1984 - - 44.4% 15.2%
1983 - - 44.4% 15.4%
1982 - - 42.7% 13.9%
1981 - - 41% 11.5%
1980 - - 40.1% 10.9%
1979 - - 40.3% 11%
1978 - - 41.3% 10.7%
1977 - - 41.7% 8.22%
1976 - - 39.8% 7.09%
1975 - - 38.6% 6.76%
1974 - - 22.9% 2.97%
1973 - - 21.8% 4.42%
1972 - - 20.4% 6.46%
1971 - - 22.8% 7.94%
1970 - - 21.9% 9.19%
1969 - - 22.2% 10.8%
1968 - - 25.5% 13.9%
1967 - - 23.5% 14.2%
1966 - - 23.3% 13.7%
1965 - - 23.2% 13%
1964 - - 22.8% 12.5%
1963 - - 21.6% 12.2%
1962 - - 23.9% 10.3%
1961 - - 22.7% 9.12%
1960 - - 22.5% 9.96%

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/bulgaria/finland | CC BY

In 2025, Bulgaria's government spending was $50.8B, accounting for 38.9% of its GDP, while Finland spent $183B, or 57.6% of GDP.

Debt-to-GDP ratio is 27.1% in Bulgaria and 89.3% in Finland, ranking 164/185 and 31/185, respectively.

Government deficit by year

Deficit/surplus
Bulgaria

Finland
1x
Year Deficit/surplus, % of GDP
Bulgaria Finland
2025 -3.01% -3.88%
2024 -3.01% -4.4%
2023 -3.04% -2.89%
2022 -0.8% -0.18%
2021 -2.8% -2.69%
2020 -2.92% -5.53%
2019 -0.96% -0.93%
2018 0.12% -0.87%
2017 0.82% -0.63%
2016 1.54% -1.7%
2015 -2.77% -2.43%
2014 -3.65% -2.99%
2013 -1.75% -2.52%
2012 -0.43% -2.15%
2011 -1.83% -1.01%
2010 -3.77% -2.57%
2009 -0.86% -2.48%
2008 2.73% 4.18%
2007 3.09% 5.12%
2006 3.22% 3.93%
2005 2.19% 2.59%
2004 1.59% 2.16%
2003 0.003% 2.34%
2002 -0.61% 3.97%
2001 -0.58% 4.89%
2000 -0.6% 6.73%
1999 0.15% 1.6%
1998 1.08% 1.54%
1997 0.83% -1.33%
1996 -10.1% -3.37%
1995 -7.98% -5.98%
1994 - -6.41%
1993 - -8.09%
1992 - -4.88%
1991 - 0.3%
1990 - 6.63%
1989 - 6.73%
1988 - 5.09%
1987 - 1.63%
1986 - 3.83%
1985 - 3.33%
1984 - 3.23%
1983 - 1.52%
1982 - 3.06%
1981 - 5.11%
1980 - 3.7%
1979 - 3.41%
1978 - 3.83%
1977 - 6.27%
1976 - 7.65%
1975 - 4.96%
1974 - -0.03%
1973 - 1.48%
1972 - -0.18%
1971 - 0.15%
1970 - 1.06%
1969 - 0.94%
1968 - -1.69%
1967 - -0.26%
1966 - -1.08%
1965 - -1.67%
1964 - -1.35%
1963 - -2.5%
1962 - -2.37%
1961 - -3.03%
1960 - -0.52%
1959 - -0.12%
1958 - -1.73%
1957 - 0.08%
1956 - -1.14%
1955 - -1%
1954 - -0.17%
1953 - 0.02%
1952 - -1.24%
1951 - 1.1%
1950 - -0.26%
1949 - -2.77%
1948 - 1.88%
1947 - -5.99%
1946 - -15.3%
1945 - -6.35%
1944 0% -21.5%
1943 0% -14.2%
1942 -0.3% -16.4%
1941 3.96% -35.8%
1940 0.75% -36.9%
1939 0.72% -9.76%
1938 1% -1.48%
1937 1.41% -4.44%
1936 1.17% -3.75%
1935 1.34% -3.81%
1934 -0.12% -2.81%
1933 -0.56% -1.63%
1932 -2.14% -2.61%
1931 -3.07% -2.32%
1930 -5.48% -1.94%
1929 -6.67% -0.78%
1928 -1.09% -2.07%
1927 -0.02% -0.32%
1926 -0.25% -2.9%
1925 -0.97% -2.92%
1924 1.26% 0.04%
1923 - -2.3%
1922 - 0.62%
1921 - -2.59%
1920 - -2.6%
1919 - -7.49%
1918 - -11.4%
1917 - -1.27%
1916 - 1.48%
1915 - -0.29%
1914 - -1.15%
1913 - -0.25%
1912 - 0.33%
1911 - -0.14%
1910 - -0.3%
1909 - -2.64%
1908 - -1.92%
1907 - 0.24%
1906 - 0.86%
1905 - -1.28%
1904 - -1.63%
1903 - -0.3%
1902 - -1.74%
1901 - -2.13%
1900 - -0.52%
1899 - -1%
1898 - -4.55%
1897 - -0.37%
1896 - -0.56%
1895 - -1.21%
1894 - -0.62%
1893 - 0%
1892 - 0.82%
1891 - 0.16%
1890 - 0.17%
1889 - 0.18%
1888 - -0.59%
1887 - -1.46%
1886 - 0%
1885 - -1.2%
1884 - -0.2%
1883 - 0%
1882 - 0.2%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1997, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bulgaria/finland | CC BY

In 2025, Bulgaria's government deficit, the difference between spending and revenue, was $3.94B, equivalent to 3.01% of GDP. This compares to Finland's deficit of $12.3B, or 3.88% of GDP.

Over the past 31 years, Bulgaria recorded a fiscal deficit in 19 of those years, while Finland ran a deficit in 20 years. On average, Bulgaria posted an annual deficit equal to 1.1% of GDP, compared to deficit of 0.37% of GDP for Finland.

Inflation comparison by year

Inflation
Bulgaria

Finland
1x
Year Consumer prices inflation
Bulgaria Finland
2025 3.5% 0.34%
2024 2.6% 1.57%
2023 8.6% 6.25%
2022 13% 7.12%
2021 2.8% 2.19%
2020 1.2% 0.29%
2019 2.5% 1.02%
2018 2.6% 1.08%
2017 1.2% 0.75%
2016 -1.3% 0.36%
2015 -1.1% -0.21%
2014 -1.6% 1.04%
2013 0.4% 1.48%
2012 2.4% 2.81%
2011 3.4% 3.42%
2010 3% 1.18%
2009 2.5% -0%
2008 12% 4.07%
2007 7.6% 2.51%
2006 7.4% 1.57%
2005 6% 0.62%
2004 6.1% 0.19%
2003 2.3% 0.88%
2002 5.8% 1.57%
2001 7.4% 2.58%
2000 10.3% 3.04%
1999 2.6% 1.16%
1998 18.7% 1.4%
1997 1,061% 1.19%

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/bulgaria/finland | CC BY

Over the past 29 years, Bulgaria has recorded an average annual inflation rate of 41.1%, compared with 1.78% in Finland. In 2025, inflation was 3.5% in Bulgaria and 0.34% in Finland.

Top exports between countries

Bulgaria
Export category Export value
Machinery & equipment $55.1M
Business & finance services $26.9M
Transport & tourism services $20.9M
Metals $18.6M
IT & IP services $13.5M
Chemicals & pharma $8.33M
Textiles & consumer goods $6.05M
Raw agricultural goods $5.49M
Manufacturing & construction services $4.22M
Raw materials & minerals $3.25M
Finland
Export category Export value
Machinery & equipment $77.6M
Wood & paper products $21.4M
Metals $17.4M
IT & IP services $15.2M
Transport & tourism services $9.74M
Chemicals & pharma $8.53M
Textiles & consumer goods $6.11M
Processed food, beverages & tobacco $6.1M
Raw materials & minerals $5.89M
Business & finance services $5.41M

Balance of trade

Bulgaria Finland
Current account balance
-$7.64B
2025
$4.23B
2025
Current account balance ranking
170/190
2025
33/190
2025
Current account balance, % of GDP
-5.84%
2025
+1.34%
2025
Goods imports
$58.5B
2025
$81.3B
2025
Goods exports
$47.9B
2025
$90.7B
2025
Service imports
$9.42B
2025
$48.9B
2025
Service exports
$18.6B
2025
$43.6B
2025
Imports of goods and services, % of GDP
51.8%
2025
41.1%
2025
Exports of goods and services, % of GDP
50.7%
2025
42.3%
2025

Economic freedom indices

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

Bulgaria Finland
Economic freedom 68.9 76.6
Economic freedom ranking 44/197 15/197
Property rights 75.8 99.9
Government integrity 48.4 95.4
Judicial effectiveness 58.5 96.4
Tax burden 89.1 68.4
Government spending 58.4 7.9
Fiscal health 90.4 76.3
Business freedom 78.2 85.3
Labor freedom 62.4 65.4
Monetary freedom 75.8 80.3
Trade freedom 79.4 79.4
Investment freedom 60 85
Financial freedom 50 80

Economic freedom comparison by year

Bulgaria
Finland
1x
Year Economic freedom index
Bulgaria Finland
2026 68.9 76.6
2025 68.8 77
2024 68.5 76.3
2023 69.3 77.1
2022 71 78.3
2021 70.4 76.1
2020 70.2 75.7
2019 69 74.9
2018 68.3 74.1
2017 67.9 74
2016 65.9 72.6
2015 66.8 73.4
2014 65.7 73.4
2013 65 74
2012 64.7 72.3
2011 64.9 74
2010 62.3 73.8
2009 64.6 74.5
2008 63.7 74.6
2007 62.7 74
2006 64.1 72.9
2005 62.3 71
2004 59.2 73.4
2003 57 73.7
2002 57.1 73.6
2001 51.9 69.7
2000 47.3 64.3
1999 46.2 63.9
1998 45.7 63.5
1997 47.6 65.2
1996 48.6 63.7
1995 50 -

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

GeoRank.org/economy/bulgaria/finland | CC BY

The Economic Freedom Index for Bulgaria is 68.9, ranking 44/197, compared to 76.6 for Finland, ranking 15/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bulgaria Finland
Services, % of GDP
63.3%
2025
62.1%
2025
Industry, % of GDP
21.2%
2025
22.5%
2025
Agriculture, forestry, and fishing, % of GDP
2.47%
2025
2.61%
2025
GNI, Atlas method
$114B
2025
$312B
2025
GNI per capita, PPP
$42,170
2025
$66,300
2025
Total reserves including gold
$47.1B
2025
$22.5B
2025
Total reserves ranking
51/177
2025
64/177
2025
Net foreign direct investment
-$3.37B
2025
$6.97B
2025
Net inflows of foreign direct investment
$3.05B
2024
$8.74B
2024
Net outflows of foreign direct investment
$1.21B
2024
$12.5B
2024
Servicing debt to the IMF, % of GNI
6.8%
2024
n/a
Poverty at national poverty lines
21.7%
2023
12.2%
2022
Gross capital formation, % of GDP
21.7%
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/bulgaria/finland | 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 (1882–1997, 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 (2023–2025, 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.