Skip to content

Economy of Czech Republic vs Japan compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $4.03T for Japan, ranking 44/197 and 4/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $9.51T (236.1% of GDP) in Japan.

Czech Republic vs Japan GDP by year

Czech Republic
Japan
1x
Year GDP, current $
Czech Republic Japan
2024 $347,034,062,928 $4,027,597,523,551
2023 $345,059,295,660 $4,213,167,237,906
2022 $301,831,228,326 $4,262,463,317,797
2021 $290,972,714,482 $5,039,148,168,861
2020 $251,109,660,603 $5,054,068,005,376
2019 $256,794,209,029 $5,117,993,853,017
2018 $251,992,360,762 $5,040,880,939,325
2017 $221,563,575,696 $4,930,837,369,151
2016 $198,160,659,304 $5,003,677,627,544
2015 $189,107,698,562 $4,444,930,651,964
2014 $210,911,285,078 $4,896,994,405,353
2013 $213,024,360,541 $5,212,328,181,166
2012 $210,363,223,088 $6,272,362,996,105
2011 $231,429,378,717 $6,233,147,172,341
2010 $211,168,667,286 $5,759,071,769,013
2009 $206,971,882,705 $5,289,493,117,994
2008 $236,506,264,754 $5,106,679,115,127
2007 $190,040,702,287 $4,579,750,920,355
2006 $156,236,258,387 $4,601,663,122,650
2005 $137,264,185,596 $4,831,467,035,390
2004 $120,147,899,984 $4,893,116,005,657
2003 $100,435,924,705 $4,519,561,645,254
2002 $82,607,869,610 $4,182,846,045,874
2001 $68,135,304,464 $4,374,711,694,091
2000 $62,175,642,238 $4,968,359,075,957
1999 $65,586,562,605 $4,635,982,224,064
1998 $67,187,217,328 $4,098,362,709,531
1997 $62,539,765,163 $4,492,448,605,639
1996 $67,804,105,330 $4,923,391,533,852
1995 $60,572,381,311 $5,545,563,663,890
1994 $48,188,478,339 $4,998,797,547,741
1993 $41,155,654,032 $4,536,940,479,038
1992 $35,051,065,440 $3,980,702,922,118
1991 $30,071,014,282 $3,648,065,760,649
1990 $41,016,881,802 $3,185,904,656,664
1989 - $3,109,455,047,824
1988 - $3,125,724,434,401
1987 - $2,580,748,422,781
1986 - $2,120,083,812,110
1985 - $1,427,019,759,717
1984 - $1,345,824,500,837
1983 - $1,270,859,919,743
1982 - $1,158,731,426,906
1981 - $1,245,221,410,764
1980 - $1,129,377,244,854
1979 - $1,077,910,077,676
1978 - $1,035,611,588,217
1977 - $737,069,290,928
1976 - $598,883,902,156
1975 - $532,861,438,885
1974 - $490,035,789,970
1973 - $441,460,582,536
1972 - $324,933,841,269
1971 - $245,364,056,622
1970 - $217,223,652,719
1969 - $184,298,841,305
1968 - $156,897,496,759
1967 - $132,475,614,227
1966 - $113,046,784,179
1965 - $97,338,107,606
1964 - $87,490,590,818
1963 - $74,379,284,603
1962 - $64,987,857,542
1961 - $57,266,758,180
1960 - $47,419,238,274

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/czech-republic/japan | CC BY

GDP per capita in Czech Republic vs Japan by year

Czech Republic
GDP per capita

GDP per capita, PPP
Japan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Japan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $32,487 $52,039
2023 $31,762 $55,761 $33,836 $50,662
2022 $28,282 $52,947 $34,066 $47,192
2021 $27,696 $47,796 $40,095 $44,355
2020 $23,473 $44,839 $40,029 $42,426
2019 $24,063 $45,614 $40,416 $42,678
2018 $23,706 $41,638 $39,751 $42,142
2017 $20,913 $39,346 $38,834 $41,444
2016 $18,754 $36,445 $39,375 $40,597
2015 $17,932 $34,093 $34,961 $40,899
2014 $20,038 $32,743 $38,475 $39,555
2013 $20,260 $31,013 $40,899 $39,402
2012 $20,014 $29,466 $49,145 $37,606
2011 $22,049 $29,237 $48,760 $36,214
2010 $20,160 $28,154 $44,968 $35,336
2009 $19,817 $27,713 $41,309 $33,543
2008 $22,775 $27,938 $39,876 $35,274
2007 $18,453 $26,268 $35,779 $35,015
2006 $15,259 $23,914 $35,992 $33,632
2005 $13,442 $22,115 $37,813 $32,170
2004 $11,783 $20,988 $38,299 $30,832
2003 $9,852 $19,604 $35,387 $29,392
2002 $8,101 $18,344 $32,821 $28,624
2001 $6,669 $17,709 $34,406 $27,943
2000 $6,063 $16,332 $39,169 $27,288
1999 $6,378 $15,494 $36,610 $25,736
1998 $6,527 $15,064 $32,424 $25,508
1997 $6,069 $14,911 $35,638 $25,619
1996 $6,573 $14,781 $39,150 $24,999
1995 $5,865 $13,957 $44,198 $23,858
1994 $4,663 $12,862 $39,934 $22,823
1993 $3,984 $12,242 $36,345 $22,168
1992 $3,397 $11,963 $31,993 $21,825
1991 $2,917 $11,768 $29,428 $21,227
1990 $3,969 $12,848 $25,801 $19,912
1989 - - $25,266 -
1988 - - $25,500 -
1987 - - $21,142 -
1986 - - $17,452 -
1985 - - $11,809 -
1984 - - $11,207 -
1983 - - $10,652 -
1982 - - $9,780 -
1981 - - $10,583 -
1980 - - $9,669 -
1979 - - $9,301 -
1978 - - $9,012 -
1977 - - $6,473 -
1976 - - $5,310 -
1975 - - $4,776 -
1974 - - $4,448 -
1973 - - $4,061 -
1972 - - $3,031 -
1971 - - $2,321 -
1970 - - $2,101 -
1969 - - $1,803 -
1968 - - $1,553 -
1967 - - $1,326 -
1966 - - $1,144 -
1965 - - $994 -
1964 - - $903 -
1963 - - $776 -
1962 - - $685 -
1961 - - $609 -
1960 - - $509 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/czech-republic/japan | CC BY

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $32,487 in Japan, ranking 38/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Japan ranks 41st at $52,039.

Economic indicators

Czech Republic Japan
Gross domestic product
$347B
2024
$4.03T
2024
GDP rank
44/197
2024
4/197
2024
GDP growth
1.23%
2023-2024
0.1%
2023-2024
GDP per capita
$31,823
2024
$32,487
2024
GDP per capita rank
39/197
2024
38/197
2024
GDP per capita, PPP
$57,285
2024
$52,039
2024
GDP per capita PPP rank
35/197
2024
41/197
2024
Government debt
$150B
2024
$9.51T
2024
Debt-to-GDP ratio
43.3%
2024
236.1%
2024
Government debt per person
$13,792
2024
$76,704
2024
Government debt per person rank
43/185
2024
3/185
2024
Average annual personal income after taxes
$22,139
2026
$23,653
2026
Market capitalization of domestic companies
$34.6B
2024
$6.31T
2024
Number of millionaires n/a
2,732,000
2025
Number of billionaires
11
2025
42
2025
Income share by richest 10%
21.5%
2023
23.9%
2020
Income share by poorest 10%
3.8%
2023
2.4%
2020
Government expenditure, % of GDP
42.8%
2024
39.1%
2024
Consumer prices inflation
2.44%
2023-2024
2.74%
2023-2024
Central bank interest rate
3.5%
2025
0.75%
2025
Unemployment rate
2.6%
2024
2.54%
2024
Population
10649126
122677250

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Japan
Spending

Debt
1x
Year % of GDP
Czech Republic Japan
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 39.1% 236.1%
2023 43.7% 42.2% 39.2% 240.5%
2022 43% 42.5% 41.8% 248.2%
2021 45% 40.7% 42.5% 253.7%
2020 46.3% 36.9% 44.5% 258.4%
2019 40.4% 29.6% 37.3% 236.4%
2018 40.1% 31.7% 36.7% 232.4%
2017 38.5% 33.8% 36.7% 231.3%
2016 39.4% 36.2% 37.2% 232.4%
2015 41.7% 39.5% 37.3% 228.3%
2014 42.3% 41.5% 38.4% 233.3%
2013 42.4% 44.1% 38.8% 229.5%
2012 44.4% 43.8% 38.6% 226.1%
2011 42.8% 39.4% 38.6% 219.2%
2010 43.2% 36.7% 37.7% 205.9%
2009 44.5% 33.4% 38.7% 198.8%
2008 40.9% 28.2% 34.1% 180.9%
2007 40.5% 27.3% 33.1% 173%
2006 41.5% 27.6% 33.1% 174.1%
2005 42.3% 27.7% 33.5% 174.6%
2004 42.2% 28.3% 33.7% 169.5%
2003 49% 28.1% 35% 160%
2002 44.4% 25.7% 35.4% 154.1%
2001 43.1% 22.6% 35.2% 145.1%
2000 40.6% 16.9% 36% 135.6%
1999 40.9% 15.1% 35.6% 129.5%
1998 41.6% 13.9% 38.6% 116%
1997 41.3% 12.1% 33.1% 105%
1996 41.4% 11.5% 33.8% 98.1%
1995 52.8% 13.5% 33.4% 92.5%
1994 - - 32.8% 84.4%
1993 - - 32.1% 72.8%
1992 - - 30.3% 66.8%
1991 - - 29.3% 62.4%
1990 - - 29.5% 63.2%
1989 - - 29.2% 65.7%
1988 - - 29.9% 71.9%
1987 - - 30.6% 75.8%
1986 - - 30.4% 74.1%
1985 - - 30.4% 68.3%
1984 - - 31.2% 65.6%
1983 - - 31.8% 63.5%
1982 - - 31.7% 57.7%
1981 - - 31.5% 52.8%
1980 - - 33.5% 47.8%
1979 - - 33.2% 43.8%
1978 - - 32.1% 39%
1977 - - 30.4% 31.1%
1976 - - 29.1% 26.1%
1975 - - 28.5% 20.9%
1974 - - 25.5% 16.7%
1973 - - 23.3% 15.9%
1972 - - 23.1% 16.3%
1971 - - 21.8% 12.6%
1970 - - 20.2% 11.2%
1969 - - 19.8% 11.4%
1968 - - 20.1% 11.8%
1967 - - 19.9% 11.4%
1966 - - 20.8% 11.2%
1965 - - 20.4% 9.78%
1964 - - 19.8% 8.53%
1963 - - 20% 8.66%
1962 - - 19.4% 9.01%
1961 - - 18.2% 8.44%
1960 - - 18.4% 10.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/japan | CC BY

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Japan spent $1.57T, or 39.1% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 236.1% in Japan, ranking 124/185 and 3/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Japan
1x
Year Deficit/surplus, % of GDP
Czech Republic Japan
2024 -1.99% -1.53%
2023 -3.73% -2.26%
2022 -3.07% -4.21%
2021 -4.95% -6.13%
2020 -5.65% -9.08%
2019 0.28% -3.04%
2018 0.88% -2.47%
2017 1.46% -3.1%
2016 0.68% -3.6%
2015 -0.67% -3.68%
2014 -2.09% -5.62%
2013 -1.3% -7.61%
2012 -3.92% -8.2%
2011 -2.71% -8.99%
2010 -4.14% -9.08%
2009 -5.46% -9.69%
2008 -2% -4.11%
2007 -0.68% -2.9%
2006 -2.19% -3.03%
2005 -3.06% -4.44%
2004 -2.4% -5.31%
2003 -6.87% -7.43%
2002 -6.34% -7.34%
2001 -5.76% -6.2%
2000 -3.55% -7.28%
1999 -3.08% -6.75%
1998 -4.14% -10%
1997 -3.14% -3.53%
1996 -2.98% -4.87%
1995 -12.3% -4.3%
1994 - -3.76%
1993 - -2.39%
1992 - 0.57%
1991 - 1.67%
1990 - 1.96%
1989 - 1.23%
1988 - 0.49%
1987 - -0.36%
1986 - -1.36%
1985 - -1.37%
1984 - -2.62%
1983 - -3.95%
1982 - -3.81%
1981 - -3.85%
1980 - -4.66%
1979 - -5%
1978 - -5.79%
1977 - -4.02%
1976 - -3.89%
1975 - -2.92%
1974 - 0.38%
1973 - 0.56%
1972 - -0.13%
1971 - 1.21%
1970 - 1.74%
1969 - 1.26%
1968 - 0.88%
1967 - 0.8%
1966 - -0.34%
1965 - 0.48%
1964 - 0.85%
1963 - 1.08%
1962 - 1.49%
1961 - 2.58%
1960 - 1.85%
1959 - 0.97%
1958 - -0.1%
1957 - 1.27%
1956 - 1.39%
1955 - -0.67%
1954 - 0.7%
1953 - 1.65%
1952 - 2.22%
1951 - 5.06%
1950 - 6.99%
1949 - 12.5%
1948 - 7.53%
1947 - 6.09%
1946 - -
1945 - -
1944 - -
1943 - 0.32%
1942 - -0.13%
1941 - -0.19%
1940 - 0.31%
1939 - 0.11%
1938 - 0.45%
1937 - 0.71%
1936 - 0.34%
1935 - 0.26%
1934 - 0.34%
1933 - 0.28%
1932 - 0.31%
1931 - 0.23%
1930 - 0.19%
1929 - 0.5%
1928 - 0.42%
1927 - 0.58%
1926 - 0.65%
1925 - 0.75%
1924 - 0.84%
1923 - 0.87%
1922 - 0.89%
1921 - 1.43%
1920 - 1.19%
1919 - 1.21%
1918 - 1.58%
1917 - 1.54%
1916 - 1.37%
1915 - 1.41%
1914 - 1.31%
1913 - 1.21%
1912 - 1.27%
1911 - 1.21%
1910 - 1.57%
1909 - 1.51%
1908 - 1.63%
1907 - 1.77%
1906 - 0.46%
1905 - -0.68%
1904 - -0.81%
1903 - 0.19%
1902 - 0.44%
1901 - 0.21%
1900 - 0.53%
1899 - 0.2%
1898 - 0.6%
1897 - 0.33%
1896 - 0.88%
1895 - 0.28%
1894 - -0.24%
1893 - 0.6%
1892 - 0.63%
1891 - 0.61%
1890 - 0.74%
1889 - 0.18%
1888 - 0.13%
1887 - 0.11%
1886 - 0.03%
1885 - 0.01%
1884 - 0.001%
1883 - 0.03%
1882 - 0.001%
1881 - 0.001%
1880 - 0.004%
1879 - 0.02%
1878 - 0.02%
1877 - -0.29%
1876 - -0.42%
1875 - 0.005%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1875–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/japan | CC BY

In 2024, the Czech Republic's government deficit, the difference between spending and revenue, was $6.92B, equivalent to 1.99% of GDP. This compares to Japan's deficit of $61.6B, or 1.53% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Japan ran a deficit in 30 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 5.53% of GDP for Japan.

Inflation comparison by year

Inflation
Czech Republic

Japan
1x
Year Consumer prices inflation
Czech Republic Japan
2024 2.44% 2.74%
2023 10.7% 3.27%
2022 15.1% 2.5%
2021 3.84% -0.23%
2020 3.16% -0.02%
2019 2.85% 0.47%
2018 2.15% 0.99%
2017 2.45% 0.48%
2016 0.68% -0.13%
2015 0.31% 0.8%
2014 0.34% 2.76%
2013 1.44% 0.34%
2012 3.29% -0.04%
2011 1.92% -0.27%
2010 1.47% -0.73%
2009 1.02% -1.35%
2008 6.36% 1.38%
2007 2.85% 0.06%
2006 2.53% 0.25%
2005 1.86% -0.28%
2004 2.76% -0.009%
2003 0.12% -0.26%
2002 1.9% -0.92%
2001 4.66% -0.74%
2000 3.78% -0.68%
1999 2.14% -0.34%
1998 10.7% 0.66%
1997 8.6% 1.75%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/czech-republic/japan | CC BY

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 0.44% in Japan. In 2024, inflation was 2.44% in the Czech Republic and 2.74% in Japan.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $771M
Precious metals & jewellery $241M
Textiles & consumer goods $66.3M
Transport & tourism services $56.4M
Chemicals & pharma $51.4M
IT & IP services $30.4M
Raw agricultural goods $29.7M
Wood & paper products $29.1M
Business & finance services $25.4M
Raw materials & minerals $25M
Japan
Export category Export value
Machinery & equipment $1.65B
Miscellaneous $238M
Chemicals & pharma $207M
Metals $107M
Textiles & consumer goods $44.4M
Raw materials & minerals $32.2M
Precious metals & jewellery $21.3M
Processed food, beverages & tobacco $1.42M
Raw agricultural goods $1.29M
Wood & paper products $455K

Balance of trade

Czech Republic Japan
Current account balance
$6.05B
2024
$194B
2024
Current account balance ranking
31/190
2024
3/190
2024
Current account balance, % of GDP
+1.74%
2024
+4.82%
2024
Goods imports
$179B
2024
$719B
2024
Goods exports
$197B
2024
$694B
2024
Service imports
$38B
2024
$246B
2024
Service exports
$42.5B
2024
$228B
2024
Imports of goods and services, % of GDP
62.6%
2024
23.6%
2024
Exports of goods and services, % of GDP
68.9%
2024
22.8%
2024

Economic freedom indices

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

Czech Republic Japan
Economic freedom 73.2 70.3
Economic freedom ranking 25/197 36/197
Property rights 89.8 94.2
Government integrity 64.7 81.1
Judicial effectiveness 92.1 97.9
Tax burden 78.8 63
Government spending 44.2 52
Fiscal health 82.5 41.7
Business freedom 76.8 77.8
Labor freedom 55.1 65.9
Monetary freedom 75 74.3
Trade freedom 79.4 76.2
Investment freedom 70 60
Financial freedom 70 60

Economic freedom comparison by year

Czech Republic
Japan
1x
Year Economic freedom index
Czech Republic Japan
2026 73.2 70.3
2025 72.9 70.2
2024 70.2 67.5
2023 71.9 69.3
2022 74.4 69.9
2021 73.8 74.1
2020 74.8 73.3
2019 73.7 72.1
2018 74.2 72.3
2017 73.3 69.6
2016 73.2 73.1
2015 72.5 73.3
2014 72.2 72.4
2013 70.9 71.8
2012 69.9 71.6
2011 70.4 72.8
2010 69.8 72.9
2009 69.4 72.8
2008 68.1 73
2007 67.4 72.7
2006 66.4 73.3
2005 64.6 67.3
2004 67 64.3
2003 67.5 67.6
2002 66.5 66.7
2001 70.2 70.9
2000 68.6 70.7
1999 69.7 69.1
1998 68.4 70.2
1997 68.8 70.3
1996 68.1 72.6
1995 67.8 75

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/czech-republic/japan | CC BY

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 70.3 for Japan, ranking 36/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Japan
Services, % of GDP
60.2%
2024
69.8%
2023
Industry, % of GDP
29.2%
2024
28.6%
2023
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
0.94%
2023
GNI, Atlas method
$322B
2024
$4.46T
2024
GNI per capita, PPP
$54,800
2024
$55,490
2024
Total reserves including gold
$146B
2024
$1.23T
2024
Total reserves ranking
22/177
2024
2/177
2024
Net foreign direct investment
-$1.87B
2024
$191B
2024
Net inflows of foreign direct investment
$13.1B
2024
$16.2B
2024
Net outflows of foreign direct investment
$11.2B
2024
$203B
2024
Poverty at national poverty lines
10.2%
2021
16.1%
2020
Gross capital formation, % of GDP
26.3%
2024
26.2%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/czech-republic/japan | 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 (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1875–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.

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.