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Economy of Chad vs France compared: GDP & Debt

Updated on by Georank

Chad has a GDP of $21.5B compared to $3.37T for France, ranking 131/197 and 7/197 by economy size, respectively.

Chad has $6.53B in government debt (30.4% of GDP), compared to $3.9T (116% of GDP) in France.

Chad vs France GDP by year

Chad
France
1x
Year GDP, current $
Chad France
2025 $21,472,835,225 $3,366,315,927,447
2024 $19,906,706,690 $3,160,442,622,465
2023 $18,352,937,976 $3,056,250,648,138
2022 $17,828,508,290 $2,794,788,137,067
2021 $16,871,937,698 $2,966,433,692,008
2020 $14,932,897,821 $2,647,926,055,110
2019 $14,905,517,743 $2,722,793,515,172
2018 $15,327,000,249 $2,781,576,320,884
2017 $13,349,041,409 $2,588,868,323,335
2016 $13,026,289,836 $2,470,407,619,777
2015 $14,559,599,500 $2,442,483,452,643
2014 $18,144,336,904 $2,861,236,112,552
2013 $17,865,316,886 $2,816,077,607,875
2012 $17,892,228,570 $2,683,007,095,787
2011 $16,685,349,674 $2,870,408,553,990
2010 $14,058,506,664 $2,646,230,027,988
2009 $12,317,614,054 $2,700,075,882,519
2008 $13,385,593,990 $2,926,802,941,586
2007 $10,865,385,132 $2,655,816,911,867
2006 $9,709,626,596 $2,317,861,544,691
2005 $8,655,892,393 $2,192,146,403,028
2004 $4,422,855,661 $2,109,792,297,237
2003 $2,742,815,072 $1,835,095,983,049
2002 $1,997,005,709 $1,492,427,756,382
2001 $1,710,843,377 $1,370,376,677,299
2000 $1,388,506,772 $1,360,959,069,477
1999 $1,534,673,583 $1,486,915,879,702
1998 $1,744,794,531 $1,496,906,382,032
1997 $1,544,689,577 $1,449,392,222,971
1996 $1,607,345,356 $1,598,889,216,566
1995 $1,445,919,895 $1,595,219,345,512
1994 $1,179,837,963 $1,385,822,778,828
1993 $1,463,251,164 $1,314,383,368,080
1992 $1,881,847,670 $1,389,663,073,110
1991 $1,877,137,982 $1,258,961,748,634
1990 $1,738,605,558 $1,257,649,439,827
1989 $1,433,686,312 $1,016,742,237,302
1988 $1,482,597,298 $1,010,827,662,152
1987 $1,163,426,852 $926,320,855,615
1986 $1,067,828,246 $764,946,585,851
1985 $1,033,069,709 $547,220,981,165
1984 $919,103,735 $525,033,325,828
1983 $832,415,806 $553,356,312,936
1982 $834,369,860 $578,152,310,610
1981 $876,937,558 $609,184,791,792
1980 $1,033,002,404 $694,529,183,483
1979 $1,004,316,496 $608,218,624,730
1978 $1,113,920,124 $501,724,418,605
1977 $935,360,465 $406,401,711,688
1976 $866,044,962 $368,363,152,144
1975 $864,602,105 $357,324,307,786
1974 $652,532,795 $282,739,225,314
1973 $647,199,483 $261,970,536,240
1972 $585,427,547 $201,738,881,664
1971 $501,866,730 $164,694,210,962
1970 $469,266,737 $147,312,861,698
1969 $471,635,622 $140,660,914,841
1968 $453,980,096 $128,710,572,572
1967 $449,826,323 $118,088,635,381
1966 $432,794,922 $109,306,730,313
1965 $416,926,303 $100,927,668,584
1964 $392,247,518 $93,424,179,943
1963 $371,767,002 $84,227,606,650
1962 $357,635,713 $75,196,980,365
1961 $333,975,336 $67,158,050,215
1960 $313,582,728 $61,959,085,885

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

GeoRank.org/economy/chad/france | CC BY

GDP per capita in Chad vs France by year

Chad
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
Chad France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,022 - $48,986 -
2024 $981 $2,743 $46,103 $62,557
2023 $950 $2,700 $44,700 $60,839
2022 $966 $2,624 $40,989 $57,043
2021 $946 $2,435 $43,725 $52,517
2020 $867 $2,186 $39,170 $49,482
2019 $893 $2,352 $40,408 $51,130
2018 $949 $2,228 $41,418 $46,381
2017 $854 $2,097 $38,687 $44,469
2016 $862 $2,120 $37,024 $42,880
2015 $994 $2,378 $36,702 $40,905
2014 $1,279 $2,133 $43,148 $40,218
2013 $1,305 $2,110 $42,669 $39,583
2012 $1,354 $2,435 $40,864 $37,671
2011 $1,308 $2,388 $43,930 $37,510
2010 $1,142 $2,320 $40,695 $35,908
2009 $1,036 $2,087 $41,728 $34,685
2008 $1,166 $2,181 $45,465 $35,053
2007 $980 $2,149 $41,486 $34,066
2006 $907 $2,079 $36,432 $32,424
2005 $838 $2,102 $34,696 $30,431
2004 $446 $1,808 $33,645 $28,921
2003 $289.1 $1,378 $29,480 $28,024
2002 $219.1 $1,226 $24,145 $28,350
2001 $194.3 $1,152 $22,332 $27,347
2000 $163.1 $1,044 $22,341 $26,007
1999 $186.6 $1,066 $24,576 $24,204
1998 $219.8 $1,096 $24,869 $23,263
1997 $201.4 $1,049 $24,169 $22,190
1996 $216.9 $1,010 $26,758 $21,268
1995 $204 $1,014 $26,792 $20,701
1994 $173.9 $1,026 $23,360 $19,892
1993 $220.7 $933 $22,239 $19,094
1992 $290.6 $1,107 $23,615 $18,801
1991 $302 $1,046 $21,501 $18,198
1990 $290.6 $967 $21,586 $17,475
1989 $246.4 - $17,547 -
1988 $263.5 - $17,550 -
1987 $213.9 - $16,176 -
1986 $203.4 - $13,430 -
1985 $202.7 - $9,657 -
1984 $182.2 - $9,312 -
1983 $167.2 - $9,862 -
1982 $176.1 - $10,360 -
1981 $194 - $10,956 -
1980 $228.8 - $12,565 -
1979 $222.9 - $11,063 -
1978 $252.5 - $9,167 -
1977 $215.9 - $7,459 -
1976 $203.7 - $6,792 -
1975 $207.5 - $6,617 -
1974 $160 - $5,261 -
1973 $162.4 - $4,907 -
1972 $150.4 - $3,809 -
1971 $131.8 - $3,137 -
1970 $125.9 - $2,833 -
1969 $129.2 - $2,729 -
1968 $126.9 - $2,518 -
1967 $128.2 - $2,328 -
1966 $125.8 - $2,173 -
1965 $123.6 - $2,024 -
1964 $118.6 - $1,891 -
1963 $114.7 - $1,723 -
1962 $112.6 - $1,554 -
1961 $107.3 - $1,402 -
1960 $102.8 - $1,307 -

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

GeoRank.org/economy/chad/france | CC BY

Chad's GDP per capita is $1,022, ranking 181/197, compared to $48,986 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), Chad ranks 182nd at $2,743, while France ranks 30th at $62,557.

Economic indicators

Chad France
Gross domestic product
$21.5B
2025
$3.37T
2025
GDP rank
131/197
2025
7/197
2025
GDP growth
5.59%
2024-2025
0.84%
2024-2025
GDP per capita
$1,022
2025
$48,986
2025
GDP per capita rank
181/197
2025
27/197
2025
GDP per capita, PPP
$2,743
2024
$62,557
2024
GDP per capita PPP rank
182/197
2024
30/197
2024
Government debt
$6.53B
2025
$3.9T
2025
Debt-to-GDP ratio
30.4%
2025
116%
2025
Government debt per person
$311
2025
$56,819
2025
Government debt per person rank
178/185
2025
8/185
2025
Average annual personal income after taxes
$1,529
2026
$35,062
2026
Market capitalization of domestic companies n/a
$2.37T
2018
Number of millionaires n/a
2,388,000
2026
Number of billionaires n/a
51
2026
Income share by richest 10%
29.5%
2022
25%
2023
Income share by poorest 10%
2.8%
2022
3%
2023
Government expenditure, % of GDP
18.6%
2025
57.5%
2025
Consumer prices inflation
-2.6%
2024-2025
0.94%
2024-2025
Unemployment rate
3.11%
2022
7.7%
2025
Population
21855137
68871753

Spending and national debt comparison by year

Chad
Spending

Debt
France
Spending

Debt
1x
Year % of GDP
Chad France
Government spending Government debt Government spending Government debt
2025 18.6% 30.4% 57.5% 116%
2024 18.1% 31.4% 57.3% 113.2%
2023 17.1% 32.2% 56.8% 109.6%
2022 12.6% 32.1% 58.4% 111.4%
2021 13% 41.7% 59.5% 112.8%
2020 14.1% 41.6% 61.7% 114.9%
2019 10.6% 38.4% 55.3% 98.2%
2018 9.73% 33.8% 56.4% 98.5%
2017 11.3% 39.1% 57.7% 98.8%
2016 11.2% 40.2% 57.4% 98.1%
2015 13.8% 31.3% 57.6% 97%
2014 16.9% 29.4% 58.4% 96.2%
2013 16.6% 22.3% 58.6% 94.6%
2012 16.6% 20% 57.9% 91.7%
2011 16.3% 22.3% 57% 88.7%
2010 18.5% 22.9% 57.7% 86.3%
2009 19.8% 23.9% 58% 84.1%
2008 14.6% 15.7% 54.3% 69.8%
2007 13.6% 17.6% 53.6% 65.5%
2006 10.7% 20.1% 53.7% 65.4%
2005 8.87% 22% 54.3% 68.2%
2004 9.84% 25.2% 54% 66.9%
2003 14.9% 34.4% 54.4% 65.4%
2002 13.8% 42% 53.9% 61.3%
2001 12% 43.5% 52.8% 59.3%
2000 14% 52.4% 52.6% 59.7%
1999 12.9% 44.7% 53.7% 61.4%
1998 10.1% 34.7% 54% 62.1%
1997 12% 41.3% 55.6% 62%
1996 12% 40.5% 56% 60.6%
1995 12.3% 41.1% 56% 57.8%
1994 - - 55.9% 51.6%
1993 - - 56.5% 48.2%
1992 - - 54% 41.7%
1991 - - 52.7% 37.8%
1990 - - 51.6% 36.8%
1989 - - 48.9% 34%
1988 - - 50.1% 33.3%
1987 - - 50.7% 33.4%
1986 - - 51.3% 31.1%
1985 - - 51.9% 30.6%
1984 - - 51.2% 29%
1983 - - 50.2% 26.6%
1982 - - 49.9% 25.3%
1981 - - 48.5% 22%
1980 - - 46% 20.7%
1979 - - 44.9% 21.1%
1978 - - 44.7% 21.2%
1977 - - 21.4% 15%
1976 - - 21.7% 15.1%
1975 - - 22% 16.1%
1974 - - 19.9% 15.4%
1973 - - 19.7% 15.8%
1972 - - 19.8% 17.7%
1971 - - 20% 20.1%
1970 - - 20.5% 21%
1969 - - 21.5% 14.4%
1968 - - 22.7% 15.8%
1967 - - 21.4% 16.1%
1966 - - 21.4% 15.3%
1965 - - 21.1% 17.6%
1964 - - 21% 19.6%
1963 - - 22.6% 22.2%
1962 - - 21.7% 23.6%
1961 - - 21.9% 26.3%
1960 - - 22.2% 28.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-07-08).

GeoRank.org/economy/chad/france | CC BY

In 2025, Chad's government spending was $3.99B, accounting for 18.6% of its GDP, while France spent $1.93T, or 57.5% of GDP.

Debt-to-GDP ratio is 30.4% in Chad and 116% in France, ranking 152/185 and 13/185, respectively.

Government deficit by year

Deficit/surplus
Chad

France
1x
Year Deficit/surplus, % of GDP
Chad France
2025 -1.26% -5.11%
2024 -2.03% -5.79%
2023 -1.26% -5.44%
2022 3.79% -4.74%
2021 -1.29% -6.58%
2020 1.24% -8.93%
2019 -0.11% -2.39%
2018 1.39% -2.32%
2017 -0.18% -3.36%
2016 -1.51% -3.76%
2015 -3.29% -3.89%
2014 -3.22% -4.57%
2013 -1.5% -4.94%
2012 0.33% -5.17%
2011 1.75% -5.3%
2010 -3.16% -7.16%
2009 -8.44% -7.38%
2008 2.82% -3.5%
2007 2.02% -2.99%
2006 1.7% -2.66%
2005 -0.05% -3.5%
2004 -1.84% -3.55%
2003 -4.32% -4.09%
2002 -4.08% -3.18%
2001 -3.53% -1.42%
2000 -4.68% -1.32%
1999 -4.07% -1.55%
1998 -1.73% -2.39%
1997 -2.58% -3.71%
1996 -2.86% -3.89%
1995 -3.12% -5.11%
1994 - -5.46%
1993 - -6.4%
1992 - -4.64%
1991 - -2.89%
1990 - -2.45%
1989 - -1.9%
1988 - -2.7%
1987 - -2.13%
1986 - -3.3%
1985 - -3.08%
1984 - -2.8%
1983 - -2.58%
1982 - -2.91%
1981 - -2.39%
1980 - -0.27%
1979 - -0.36%
1978 - -1.73%
1977 - 0.9%
1976 - 1.01%
1975 - -0.28%
1974 - 3.05%
1973 - 1.97%
1972 - 1.94%
1971 - -0.13%
1970 - 0.02%
1969 - -0.49%
1968 - -2.54%
1967 - -0.8%
1966 - -0.57%
1965 - -0.07%
1964 - -0.25%
1963 - -2.24%
1962 - -1.53%
1961 - -1.36%
1960 - -1.95%
1959 - 0.56%
1958 - 0.08%
1957 - -1.99%
1956 - -2.62%
1955 - -1.04%
1954 - -0.78%
1953 - -4.79%
1952 - -6.82%
1951 - -4.42%
1950 - -5.56%
1949 - -7.31%
1948 - -9.11%
1947 - -7.6%
1946 - -8.1%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -6.89%
1936 - -4.76%
1935 - -4.22%
1934 - -4.31%
1933 - -4.96%
1932 - -1.86%
1931 - -2.06%
1930 - -1.65%
1929 - 1.48%
1928 - 1.13%
1927 - -0.04%
1926 - -0.02%
1925 - -0.87%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.05%
1912 - 0.23%
1911 - 0.31%
1910 - -0.12%
1909 - -0.11%
1908 - -0.15%
1907 - 0.23%
1906 - -0.04%
1905 - 0.18%
1904 - 0.3%
1903 - 0.21%
1902 - -0.37%
1901 - -0.39%
1900 - 0.21%
1899 - 0.21%
1898 - 0.29%
1897 - 0.01%
1896 - -0.03%
1895 - -0.07%
1894 - -0.08%
1893 - -0.3%
1892 - -0.03%
1891 - 0.36%
1890 - 0.31%
1889 - 0.09%
1888 - 0.18%
1887 - -0.07%
1886 - -0.5%
1885 - -0.59%
1884 - -0.35%
1883 - -0.23%
1882 - -0.15%
1881 - 0.64%
1880 - 0.65%

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/chad/france | CC BY

In 2025, Chad's government deficit, the difference between spending and revenue, was $271M, equivalent to 1.26% of GDP. This compares to France's deficit of $172B, or 5.11% of GDP.

Over the past 31 years, Chad recorded a fiscal deficit in 23 of those years, while France ran a deficit in 31 years. On average, Chad posted an annual deficit equal to 1.45% of GDP, compared to deficit of 4.18% of GDP for France.

Inflation comparison by year

Inflation
Chad

France
1x
Year Consumer prices inflation
Chad France
2025 -2.6% 0.94%
2024 5.7% 2%
2023 4.1% 4.88%
2022 5.8% 5.22%
2021 -0.8% 1.64%
2020 -2.7% 0.48%
2019 -1% 1.11%
2018 4% 1.85%
2017 -0.9% 1.03%
2016 -1.6% 0.18%
2015 4.8% 0.04%
2014 -5.5% 0.51%
2013 0.2% 0.86%
2012 7.5% 1.95%
2011 2% 2.11%
2010 -2.1% 1.53%
2009 10.1% 0.09%
2008 8.3% 2.81%
2007 -7.4% 1.49%
2006 9.6% 1.68%
2005 4.4% 1.75%
2004 -4.8% 2.14%
2003 -1.8% 2.1%
2002 5.2% 1.92%
2001 12.4% 1.63%
2000 3.8% 1.68%
1999 -8.4% 0.54%
1998 4.3% 0.65%
1997 5.6% 1.2%

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/chad/france | CC BY

Over the past 29 years, Chad has recorded an average annual inflation rate of 2.01%, compared with 1.59% in France. In 2025, inflation was -2.6% in Chad and 0.94% in France.

Top exports between countries

Chad
Export category Export value
Raw materials & minerals $214M
Raw agricultural goods $50.1M
Animal & marine products $536K
Machinery & equipment $107K
Miscellaneous $96K
Textiles & consumer goods $61K
Chemicals & pharma $14K
Precious metals & jewellery $7K
Metals $5K
Processed food, beverages & tobacco $3K
France
Export category Export value
Machinery & equipment $48.6M
Chemicals & pharma $23.9M
Processed food, beverages & tobacco $13.9M
Textiles & consumer goods $3.9M
Raw agricultural goods $3.12M
Metals $3.03M
Raw materials & minerals $2.49M
Wood & paper products $2.26M
Miscellaneous $1.36M
Animal & marine products $1.35M

Balance of trade

Chad France
Current account balance
-$37.7M
1994
-$9.24B
2025
Current account balance ranking
75/190
1994
173/190
2025
Current account balance, % of GDP
-3.2%
1994
-0.27%
2025
Goods imports
$212M
1994
$770B
2025
Goods exports
$135M
1994
$704B
2025
Service imports
$199M
1994
$370B
2025
Service exports
$54.8M
1994
$429B
2025
Imports of goods and services, % of GDP
16.7%
2025
33.8%
2025
Exports of goods and services, % of GDP
29.4%
2025
33.4%
2025

Economic freedom indices

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

Chad France
Economic freedom 51.2 64.6
Economic freedom ranking 154/197 72/197
Property rights 17.2 91.2
Government integrity 15.2 73.4
Judicial effectiveness 15 84.7
Tax burden 77.9 54.6
Government spending 92.2 0.9
Fiscal health 97.9 34.8
Business freedom 27.4 78.4
Labor freedom 53.7 59.1
Monetary freedom 71.6 73.2
Trade freedom 46.4 79.4
Investment freedom 60 75
Financial freedom 40 70

Economic freedom comparison by year

Chad
France
1x
Year Economic freedom index
Chad France
2026 51.2 64.6
2025 52.2 64.4
2024 51.4 62.5
2023 52 63.6
2022 49.8 65.9
2021 50.4 65.7
2020 50.2 66
2019 49.9 63.8
2018 49.3 63.9
2017 49 63.3
2016 46.3 62.3
2015 45.9 62.5
2014 44.5 63.5
2013 45.2 64.1
2012 44.8 63.2
2011 45.3 64.6
2010 47.5 64.2
2009 47.5 63.3
2008 47.8 64.7
2007 50.1 62.1
2006 50 61.1
2005 52.1 60.5
2004 53.1 60.9
2003 52.6 59.2
2002 49.2 58
2001 46.4 58
2000 46.8 57.4
1999 47.2 59.1
1998 46.6 58.9
1997 45.1 59.1
1996 - 63.7
1995 - 64.4

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

GeoRank.org/economy/chad/france | CC BY

The Economic Freedom Index for Chad is 51.2, ranking 154/197, compared to 64.6 for France, ranking 72/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Chad France
Services, % of GDP
33.9%
2025
70.9%
2025
Industry, % of GDP
26.7%
2025
16.8%
2025
Agriculture, forestry, and fishing, % of GDP
36.3%
2025
1.4%
2025
GNI, Atlas method
$20.4B
2025
$3.34T
2025
GNI per capita, PPP
$2,770
2025
$65,110
2025
Total reserves including gold
$1.55B
2024
$428B
2025
Total reserves ranking
133/177
2024
12/177
2025
Net foreign direct investment
-$26.5M
1994
$7.24B
2025
Net inflows of foreign direct investment
$1.02B
2024
$52.1B
2024
Net outflows of foreign direct investment
$0
2024
$41.7B
2024
Servicing debt to the IMF, % of GNI
1.91%
2024
n/a
Poverty at national poverty lines
44.8%
2022
15.6%
2021
Gross capital formation, % of GDP
20.4%
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/chad/france | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1998, 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 (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.