Skip to content

Economy of Colombia vs Iran compared: GDP & Debt

Updated on by Georank

Colombia has a GDP of $457B compared to $363B for Iran, ranking 37/197 and 44/197 by economy size, respectively.

Colombia has $274B in government debt (59.9% of GDP), compared to $135B (37.3% of GDP) in Iran.

Colombia vs Iran GDP by year

Colombia
Iran
1x
Year GDP, current $
Colombia Iran
2025 $457,410,034,203 $362,682,115,433
2024 $420,504,033,143 $475,252,089,215
2023 $366,901,643,683 $457,510,482,317
2022 $345,632,492,851 $422,662,261,526
2021 $318,524,633,225 $407,350,685,583
2020 $270,348,342,541 $280,934,329,280
2019 $323,031,701,193 $347,988,400,958
2018 $334,198,218,098 $411,903,303,606
2017 $311,866,875,157 $510,239,893,418
2016 $282,720,100,286 $478,618,064,871
2015 $293,492,370,193 $409,191,686,497
2014 $381,240,864,422 $462,284,793,281
2013 $382,093,697,078 $500,399,839,840
2012 $370,691,143,018 $644,019,315,004
2011 $334,966,134,805 $629,082,257,472
2010 $286,498,534,095 $487,069,570,464
2009 $232,468,663,110 $414,059,094,949
2008 $242,504,150,473 $406,070,949,554
2007 $206,229,540,926 $349,736,591,832
2006 $161,792,958,905 $265,602,187,404
2005 $145,600,529,606 $224,970,371,325
2004 $117,092,416,666 $187,754,571,248
2003 $94,644,969,157 $151,911,222,119
2002 $97,945,812,803 $128,626,917,504
2001 $98,200,641,203 $126,878,750,296
2000 $99,875,074,951 $109,591,707,802
1999 $86,186,158,685 $113,848,450,088
1998 $98,443,739,941 $110,276,913,363
1997 $106,659,508,271 $113,919,163,421
1996 $97,160,109,278 $120,403,931,885
1995 $92,507,279,383 $96,419,225,744
1994 $81,703,500,846 $71,841,461,173
1993 $66,446,804,803 $63,743,623,232
1992 $58,418,985,443 $119,768,691,217
1991 $49,175,565,911 $131,637,664,958
1990 $47,844,090,710 $124,813,263,926
1989 $39,540,080,200 $120,496,362,916
1988 $39,212,550,050 $123,057,861,334
1987 $36,373,307,085 $134,009,995,923
1986 $34,942,489,684 $209,094,561,833
1985 $34,894,411,352 $180,183,629,600
1984 $38,253,120,738 $162,276,728,620
1983 $38,729,822,782 $156,365,156,618
1982 $38,968,039,722 $125,948,756,439
1981 $36,388,366,869 $100,499,312,750
1980 $33,400,735,644 $94,362,275,580
1979 $27,940,411,250 $90,391,877,326
1978 $23,263,511,958 $77,994,316,621
1977 $19,470,960,619 $80,600,122,702
1976 $15,341,403,660 $68,055,295,081
1975 $13,098,633,902 $51,776,222,350
1974 $12,370,029,584 $46,209,092,072
1973 $10,315,760,000 $27,081,698,250
1972 $8,671,358,733 $17,153,463,263
1971 $7,820,380,971 $13,731,802,833
1970 $7,198,360,460 $10,976,245,154
1969 $6,450,175,214 $9,743,089,607
1968 $5,960,212,869 $8,623,172,960
1967 $5,825,170,438 $7,555,383,690
1966 $5,428,518,519 $6,789,938,672
1965 $5,760,761,905 $6,197,319,929
1964 $5,973,366,667 $5,379,845,648
1963 $4,836,166,667 $4,928,628,018
1962 $4,955,543,963 $4,693,566,416
1961 $4,540,447,761 $4,426,949,095
1960 $4,031,152,977 $4,199,134,390

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

GeoRank.org/economy/colombia/iran | CC BY

GDP per capita in Colombia vs Iran by year

Colombia
GDP per capita

GDP per capita, PPP
Iran
GDP per capita

GDP per capita, PPP
1x
Year Current $
Colombia Iran
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,562 - $3,924 -
2024 $7,951 $22,349 $5,190 $19,874
2023 $7,012 $21,246 $5,049 $18,917
2022 $6,680 $20,854 $4,721 $17,546
2021 $6,223 $17,383 $4,605 $15,884
2020 $5,340 $15,519 $3,203 $15,119
2019 $6,473 $16,182 $3,997 $13,928
2018 $6,817 $15,239 $4,783 $15,324
2017 $6,480 $14,401 $6,001 $15,719
2016 $5,960 $14,027 $5,711 $15,195
2015 $6,249 $13,332 $4,953 $14,274
2014 $8,187 $13,355 $5,672 $16,065
2013 $8,279 $12,780 $6,223 $16,215
2012 $8,109 $12,093 $8,114 $17,021
2011 $7,401 $11,707 $8,026 $19,275
2010 $6,398 $10,841 $6,291 $18,628
2009 $5,251 $10,367 $5,416 $17,615
2008 $5,542 $10,307 $5,377 $17,549
2007 $4,770 $9,909 $4,688 $17,384
2006 $3,790 $9,154 $3,619 $15,907
2005 $3,456 $8,432 $3,132 $15,016
2004 $2,819 $7,909 $2,672 $14,425
2003 $2,312 $7,420 $2,209 $13,755
2002 $2,429 $7,109 $1,891 $12,554
2001 $2,473 $6,935 $1,881 $11,533
2000 $2,555 $6,776 $1,650 $11,187
1999 $2,241 $6,544 $1,740 $10,489
1998 $2,605 $6,854 $1,709 $10,285
1997 $2,873 $6,861 $1,790 $10,101
1996 $2,665 $6,639 $1,915 $9,916
1995 $2,584 $6,506 $1,550 $9,255
1994 $2,326 $6,174 $1,168 $8,951
1993 $1,929 $5,826 $1,038 $8,933
1992 $1,730 $5,509 $1,957 $8,888
1991 $1,486 $5,281 $2,194 $8,580
1990 $1,475 $5,109 $2,138 $7,566
1989 $1,244 - $2,125 -
1988 $1,260 - $2,234 -
1987 $1,193 - $2,513 -
1986 $1,169 - $4,064 -
1985 $1,192 - $3,634 -
1984 $1,336 - $3,395 -
1983 $1,384 - $3,397 -
1982 $1,425 - $2,845 -
1981 $1,362 - $2,393 -
1980 $1,280 - $2,368 -
1979 $1,095 - $2,352 -
1978 $932 - $2,101 -
1977 $798 - $2,243 -
1976 $643 - $1,954 -
1975 $561 - $1,532 -
1974 $542 - $1,409 -
1973 $462 - $851 -
1972 $397 - $555 -
1971 $367 - $457 -
1970 $346 - $377 -
1969 $318 - $345 -
1968 $302 - $314 -
1967 $303 - $283.7 -
1966 $290.3 - $262.9 -
1965 $317 - $247.5 -
1964 $339 - $221.7 -
1963 $282.6 - $209.6 -
1962 $298.5 - $205.8 -
1961 $282.1 - $200.1 -
1960 $258.3 - $195.6 -

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

GeoRank.org/economy/colombia/iran | CC BY

Colombia's GDP per capita is $8,562, ranking 94/197, compared to $3,924 in Iran, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Colombia ranks 87th at $22,349, while Iran ranks 97th at $19,874.

Economic indicators

Colombia Iran
Gross domestic product
$457B
2025
$363B
2025
GDP rank
37/197
2025
44/197
2025
GDP growth
2.64%
2024-2025
-2.83%
2024-2025
GDP per capita
$8,562
2025
$3,924
2025
GDP per capita rank
94/197
2025
135/197
2025
GDP per capita, PPP
$22,349
2024
$19,874
2024
GDP per capita PPP rank
87/197
2024
97/197
2024
Government debt
$274B
2025
$135B
2025
Debt-to-GDP ratio
59.9%
2025
37.3%
2025
Government debt per person
$5,126
2025
$1,463
2025
Government debt per person rank
85/185
2025
133/185
2025
Average annual personal income after taxes
$6,463
2026
$2,958
2026
Market capitalization of domestic companies
$133B
2025
$186B
2025
Number of billionaires
4
2026
n/a
Income share by richest 10%
42.7%
2024
28.2%
2023
Income share by poorest 10%
1%
2024
2.8%
2023
Government expenditure, % of GDP
33.2%
2025
13.4%
2025
Consumer prices inflation
5.14%
2024-2025
42.2%
2024-2025
Central bank interest rate
11.3%
2026
23%
2023
Unemployment rate
8.43%
2025
7.63%
2024
Population
54209462
93580141

Spending and national debt comparison by year

Colombia
Spending

Debt
Iran
Spending

Debt
1x
Year % of GDP
Colombia Iran
Government spending Government debt Government spending Government debt
2025 33.2% 59.9% 13.4% 37.3%
2024 34.4% 61% 16% 31.2%
2023 35.1% 55.4% 12.8% 29.6%
2022 34.1% 61.3% 12.8% 34.5%
2021 34.5% 64.4% 13.4% 39.9%
2020 33.7% 65.3% 12.1% 47.1%
2019 32.9% 51% 13.6% 44.6%
2018 34.7% 51.8% 14.8% 41.6%
2017 29.3% 49.4% 16.4% 43.2%
2016 30% 49.9% 16.3% 45.9%
2015 31.3% 50.4% 14.1% 32.1%
2014 31.3% 43.3% 12.3% 10.9%
2013 30% 37.6% 11.5% 10.2%
2012 29.1% 34% 11.4% 11.7%
2011 30.2% 35.8% 14.6% 10.6%
2010 30.4% 36.5% 14.1% 12.8%
2009 30.9% 35.4% 15.7% 11.5%
2008 28.4% 32.4% 16.8% 10.6%
2007 28.2% 32.7% 14.2% 13.5%
2006 28.4% 36% 18.7% 15.2%
2005 25.9% 38.5% 17.9% 18.3%
2004 26.6% 41.5% 15.1% 21.1%
2003 28% 45% 15.7% 21.9%
2002 28.1% 47.5% 15.6% 23.4%
2001 27.5% 41.1% 13.6% 21%
2000 26.6% 38% 13.3% 18.2%
1999 28.3% 34% 15.7% 22.2%
1998 26.3% 27.5% 16.9% 29.6%
1997 26.2% 25.3% 17.4% 30.9%
1996 25.1% 23.3% 17.3% 29.3%
1995 22.2% 13.8% 21% 31.2%
1994 20.6% 12.5% 23% 41.7%
1993 20% 14.2% 27.2% 25.6%
1992 18.4% 16.1% 14.4% 25.2%
1991 17.7% 14.5% 14% 29.3%
1990 17.4% 16.7% 16.4% 37%
1989 10.3% 17.3% 20% 48.8%
1988 10.3% 17.9% 23.6% 53.2%
1987 9.7% 18.9% 18.6% 48.6%
1986 9.8% 20.2% 19% 47.4%
1985 10.5% 19.3% 21.6% 8.73%
1984 10.3% 15.5% 23.7% 10%
1983 10.2% 10.8% 27.5% 35.7%
1982 10.6% 8.8% 29.7% 47.7%
1981 9.9% 8.5% 33.7% 47.6%
1980 9.6% 8% 35.8% 35.5%
1979 8.6% 7.7% - -
1978 8.1% 7.6% - -
1977 7.7% 9.2% - 9.23%
1976 8% 12.2% - 6.92%
1975 9.4% 14.6% - 8.81%
1974 8.8% 15.9% - 6.68%
1973 9.4% 16.3% - 12.8%
1972 10.3% 16.9% - 12.7%
1971 10.3% 16.2% - 14.2%
1970 10% 16.7% - 14.1%
1969 9.2% 17% - -
1968 8.9% 16.2% 23.6% -
1967 8.2% 15.8% 22.3% -
1966 8% 15.3% 20.5% -
1965 7% 15.2% 16.3% 14.9%
1964 8.1% 13.1% 15.4% 15.2%
1963 8.6% 13.9% 14.8% 12.4%
1962 7.8% 14.8% 15.6% 13.4%
1961 8.6% 8.7% - -
1960 6.7% 7.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

GeoRank.org/economy/colombia/iran | CC BY

In 2025, Colombia's government spending was $152B, accounting for 33.2% of its GDP, while Iran spent $48.7B, or 13.4% of GDP.

Debt-to-GDP ratio is 59.9% in Colombia and 37.3% in Iran, ranking 78/185 and 139/185, respectively.

Government deficit by year

Deficit/surplus
Colombia

Iran
1x
Year Deficit/surplus, % of GDP
Colombia Iran
2025 -5.75% -5.65%
2024 -6.04% -2.68%
2023 -2.92% -3.04%
2022 -6.36% -2.64%
2021 -7.28% -3.01%
2020 -7.12% -4.87%
2019 -3.48% -4.3%
2018 -4.67% -1.59%
2017 -2.5% -1.55%
2016 -2.27% -1.7%
2015 -3.52% -1.3%
2014 -1.74% -0.91%
2013 -1.02% -0.72%
2012 0.15% -0.5%
2011 -1.99% -0.66%
2010 -3.3% -0.84%
2009 -2.67% -3.3%
2008 0.04% -4.39%
2007 -0.82% -2.41%
2006 -0.99% -4.91%
2005 -0.02% -2.44%
2004 -1.31% -2.45%
2003 -2.7% -2.76%
2002 -3.45% -2.88%
2001 -2.71% 0.02%
2000 -2.94% 5.42%
1999 -5.37% -0.51%
1998 -3.86% -5.03%
1997 -3.23% -1.81%
1996 -2.49% -0.75%
1995 -1% -2.63%
1994 -0.14% -3.36%
1993 -0.24% -5.15%
1992 -0.07% -0.86%
1991 0.35% -1.64%
1990 -0.41% -1.73%
1989 -1.4% -4.45%
1988 -1.3% -10.3%
1987 -0.4% -6.84%
1986 -1.4% -7.84%
1985 -2.4% -3.74%
1984 -3.3% -4.02%
1983 -3.1% -6.15%
1982 -3.6% -5.55%
1981 -2.8% -10.7%
1980 -2.2% -14.2%
1979 -0.7% -
1978 0.3% -
1977 0.5% -
1976 0.6% -
1975 -0.5% -
1974 -1.2% -
1973 -1.1% -
1972 -1.7% -
1971 -1% -
1970 -0.7% -
1969 -0.5% -
1968 0% -4.57%
1967 -0.2% -4%
1966 0.1% -2.63%
1965 -0.6% -1.23%
1964 -1.1% -0.04%
1963 -1.7% 0.26%
1962 -1.6% -1.39%
1961 -1.5% -
1960 1.2% -
1959 2% -
1958 1.7% -
1957 1.4% -
1956 -0.2% -
1955 0.7% -
1954 1.3% -
1953 1.3% -
1952 1.6% -
1951 2.1% -
1950 0.9% -
1949 0.5% -
1948 -0.1% -
1947 0.2% -
1946 -0.5% -
1945 0.1% -
1944 -0.2% -
1943 -0.7% -
1942 -1.5% -
1941 0% -
1940 -1.5% -
1939 0.8% -
1938 0.5% -
1937 1.4% -
1936 1.1% -
1935 1.3% -
1934 0.2% -
1933 -0.4% -
1932 -0.8% -
1931 -0.2% -
1930 0.3% -
1929 0.4% -
1928 -0.4% -
1927 -0.6% -
1926 0% -
1925 1% -
1924 0.5% -
1923 0.3% -
1922 -0.7% -
1921 -1.6% -
1920 0.4% -
1919 -0.8% -
1918 -2.1% -
1917 -0.5% -
1916 0.2% -
1915 -0.2% -
1914 -0.5% -
1913 0.5% -
1912 -0.3% -
1911 -0.1% -
1910 -0.3% -
1909 -3.3% -
1908 -2.7% -
1907 -2.7% -
1906 0.2% -
1905 -0.9% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1905–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/colombia/iran | CC BY

In 2025, Colombia's government deficit, the difference between spending and revenue, was $26.3B, equivalent to 5.75% of GDP. This compares to Iran's deficit of $20.5B, or 5.65% of GDP.

Over the past 64 years, Colombia recorded a fiscal deficit in 56 of those years, while Iran ran a deficit in 50 years. On average, Colombia posted an annual deficit equal to 1.98% of GDP, compared to deficit of 3.15% of GDP for Iran.

Inflation comparison by year

Inflation
Colombia

Iran
1x
Year Consumer prices inflation
Colombia Iran
2025 5.14% 42.2%
2024 6.61% 32.5%
2023 11.7% 44.6%
2022 10.2% 43.5%
2021 3.5% 43.4%
2020 2.53% 30.6%
2019 3.52% 39.9%
2018 3.24% 18%
2017 4.31% 8.04%
2016 7.51% 7.25%
2015 4.99% 12.5%
2014 2.9% 16.6%
2013 2.02% 36.6%
2012 3.17% 27.3%
2011 3.42% 26.3%
2010 2.27% 10.1%
2009 4.2% 13.6%
2008 7% 25.4%
2007 5.54% 17.3%
2006 4.29% 10%
2005 5.05% 13.4%
2004 5.9% 14.8%
2003 7.13% 16.5%
2002 6.35% 14.3%
2001 7.97% 11.3%
2000 9.23% 14.5%
1999 10.9% 20.1%
1998 18.7% 17.9%
1997 18.5% 17.3%

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

GeoRank.org/economy/colombia/iran | CC BY

Over the past 29 years, Colombia has recorded an average annual inflation rate of 6.47%, compared with 22.3% in Iran. In 2025, inflation was 5.14% in Colombia and 42.2% in Iran.

Top exports between countries

Colombia
Export category Export value
Machinery & equipment $7K
Iran
Export category Export value
Animal & marine products $191K
Chemicals & pharma $149K
Raw agricultural goods $112K
Raw materials & minerals $90K
Textiles & consumer goods $15K
Precious metals & jewellery $9K
Machinery & equipment $5K

Balance of trade

Colombia Iran
Current account balance
-$10.9B
2025
$12.5B
2000
Current account balance ranking
176/190
2025
22/190
2000
Current account balance, % of GDP
-2.38%
2025
+11.4%
2000
Goods imports
$66.3B
2025
$15.2B
2000
Goods exports
$51.5B
2025
$28.3B
2000
Service imports
$19.6B
2025
$2.3B
2000
Service exports
$19.6B
2025
$1.38B
2000
Imports of goods and services, % of GDP
20.4%
2025
34.5%
2025
Exports of goods and services, % of GDP
15%
2025
25.8%
2025

Economic freedom indices

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

Colombia Iran
Economic freedom 59.8 41.8
Economic freedom ranking 101/197 185/197
Property rights 43.1 20.2
Government integrity 41.6 16.2
Judicial effectiveness 57.4 18.7
Tax burden 68.6 81.3
Government spending 64 94.7
Fiscal health 49.8 83.3
Business freedom 71.2 37.4
Labor freedom 59.1 41.8
Monetary freedom 71.9 42.2
Trade freedom 71.4 55.8
Investment freedom 60 5
Financial freedom 60 5

Economic freedom comparison by year

Colombia
Iran
1x
Year Economic freedom index
Colombia Iran
2026 59.8 41.8
2025 59.8 42.5
2024 59.2 41.2
2023 63.1 42.2
2022 65.1 42.4
2021 68.1 47.2
2020 69.2 49.2
2019 67.3 51.1
2018 68.9 50.9
2017 69.7 50.5
2016 70.8 43.5
2015 71.7 41.8
2014 70.7 40.3
2013 69.6 43.2
2012 68 42.3
2011 68 42.1
2010 65.5 43.4
2009 62.3 44.6
2008 62.2 45
2007 59.9 45
2006 60.4 45
2005 59.6 50.5
2004 61.2 42.8
2003 64.2 43.2
2002 64.2 36.4
2001 65.6 35.9
2000 63.3 36.1
1999 65.3 36.8
1998 65.5 36
1997 66.4 34.5
1996 64.3 36.1
1995 64.5 -

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

GeoRank.org/economy/colombia/iran | CC BY

The Economic Freedom Index for Colombia is 59.8, ranking 101/197, compared to 41.8 for Iran, ranking 185/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Colombia Iran
Services, % of GDP
58.5%
2025
47.1%
2025
Industry, % of GDP
21.8%
2025
39.6%
2025
Agriculture, forestry, and fishing, % of GDP
9.95%
2025
10.6%
2025
GNI, Atlas method
$422B
2025
$429B
2025
GNI per capita, PPP
$22,250
2025
$19,660
2025
Total reserves including gold
$65.8B
2025
$7.69B
1982
Total reserves ranking
41/177
2025
89/177
1982
Net foreign direct investment
-$7.31B
2025
-$39M
2000
Net inflows of foreign direct investment
$13.7B
2024
$1.45B
2024
Net outflows of foreign direct investment
$4.51B
2024
$89.4M
2024
Servicing debt to the IMF, % of GNI
8.17%
2024
0.08%
2024
Poverty at national poverty lines
31.8%
2024
18.7%
2020
Gross capital formation, % of GDP
16.7%
2025
41.8%
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/colombia/iran | 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 (1905–1995, 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 (2020–2023, 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.