Skip to content

Economy of Djibouti vs Italy compared: GDP & Debt

Updated on by Georank team

Djibouti has a GDP of $4.15B compared to $2.38T for Italy, ranking 165/197 and 8/197 by economy size, respectively.

Djibouti has $1.36B in government debt (32.9% of GDP), compared to $3.22T (135.3% of GDP) in Italy.

Djibouti vs Italy GDP by year

Djibouti
Italy
1x
Year GDP, current $
Djibouti Italy
2024 $4,152,145,940 $2,380,825,077,244
2023 $3,898,447,007 $2,316,727,999,333
2022 $3,562,814,909 $2,104,067,630,319
2021 $3,392,796,953 $2,179,207,773,596
2020 $3,144,136,197 $1,907,481,094,079
2019 $3,088,851,450 $2,019,606,796,584
2018 $2,913,464,658 $2,099,435,266,459
2017 $2,762,581,334 $1,970,720,904,585
2016 $2,604,955,229 $1,887,111,188,177
2015 $2,424,391,785 $1,845,428,048,839
2014 $2,220,637,966 $2,173,255,507,986
2013 $2,044,440,443 $2,153,225,581,941
2012 $1,353,632,942 $2,097,929,495,122
2011 $1,239,144,502 $2,306,974,020,278
2010 $1,128,611,700 $2,144,936,254,535
2009 $1,049,110,685 $2,209,484,319,013
2008 $999,105,339 $2,417,508,414,187
2007 $847,918,929 $2,222,524,108,128
2006 $768,873,684 $1,958,563,654,386
2005 $708,633,195 $1,864,982,261,287
2004 $666,072,102 $1,812,808,753,295
2003 $622,044,666 $1,582,930,016,539
2002 $591,122,040 $1,281,746,271,196
2001 $572,417,441 $1,172,041,488,806
2000 $551,230,862 $1,149,661,363,439
1999 $536,080,148 $1,255,004,736,464
1998 $514,267,869 $1,272,729,786,997
1997 $502,675,542 $1,244,988,176,444
1996 $494,004,648 $1,314,776,508,972
1995 $497,723,961 $1,177,369,428,266
1994 $491,689,221 $1,101,750,159,702
1993 $466,048,469 $1,067,412,587,671
1992 $478,058,305 $1,323,204,350,354
1991 $462,421,999 $1,249,092,439,519
1990 $452,328,087 $1,183,945,130,899
1989 $409,220,087 $930,801,709,004
1988 $395,794,539 $893,663,934,841
1987 $373,371,738 $807,570,134,449
1986 - $641,862,313,287
1985 $340,989,528 $453,259,761,687
1984 - $438,896,930,791
1983 - $444,063,496,940
1982 - $428,257,421,618
1981 - $431,695,533,981
1980 - $478,356,755,596
1979 - $394,584,507,108
1978 - $315,784,469,541
1977 - $258,190,019,750
1976 - $225,235,205,862
1975 - $228,220,643,535
1974 - $200,024,444,775
1973 - $175,896,529,392
1972 - $145,594,833,997
1971 - $124,959,712,859
1970 - $113,656,669,765
1969 - $100,996,667,239
1968 - $91,485,448,148
1967 - $84,401,995,573
1966 - $76,622,444,787
1965 - $70,717,012,186
1964 - $65,720,771,779
1963 - $60,035,924,618
1962 - $52,413,872,628
1961 - $46,649,487,320
1960 - $42,012,422,612

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

GeoRank.org/economy/djibouti/italy | CC BY

GDP per capita in Djibouti vs Italy by year

Djibouti
GDP per capita

GDP per capita, PPP
Italy
GDP per capita

GDP per capita, PPP
1x
Year Current $
Djibouti Italy
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,553 $7,810 $40,385 $62,014
2023 $3,381 $7,226 $39,277 $60,030
2022 $3,133 $6,621 $35,654 $57,261
2021 $3,026 $5,960 $36,853 $49,825
2020 $2,845 $5,527 $32,091 $44,436
2019 $2,837 $5,398 $33,813 $46,662
2018 $2,718 $5,083 $34,904 $43,387
2017 $2,619 $4,677 $32,844 $42,142
2016 $2,510 $4,432 $31,392 $40,483
2015 $2,376 $4,264 $30,640 $37,384
2014 $2,215 $3,978 $36,028 $36,666
2013 $2,076 $3,762 $35,702 $36,459
2012 $1,400 - $34,854 $36,281
2011 $1,306 - $38,432 $36,392
2010 $1,213 - $35,857 $34,974
2009 $1,151 - $37,100 $34,502
2008 $1,119 - $40,829 $35,422
2007 $970 - $37,826 $34,108
2006 $898 - $33,537 $32,454
2005 $844 - $32,063 $30,138
2004 $806 - $31,348 $29,581
2003 $765 - $27,578 $29,249
2002 $743 - $22,451 $28,833
2001 $742 - $20,570 $28,134
2000 $738 - $20,190 $27,152
1999 $740 - $22,050 $25,655
1998 $735 - $22,365 $25,075
1997 $748 - $21,884 $23,937
1996 $762 - $23,123 $23,101
1995 $786 - $20,712 $22,446
1994 $785 - $19,382 $21,369
1993 $759 - $18,782 $20,485
1992 $764 - $23,297 $20,196
1991 $733 - $22,007 $19,596
1990 $780 - $20,874 $18,680
1989 $782 - $16,424 -
1988 $817 - $15,781 -
1987 $822 - $14,268 -
1986 - - $11,341 -
1985 $847 - $8,009 -
1984 - - $7,758 -
1983 - - $7,851 -
1982 - - $7,574 -
1981 - - $7,640 -
1980 - - $8,476 -
1979 - - $7,006 -
1978 - - $5,623 -
1977 - - $4,614 -
1976 - - $4,042 -
1975 - - $4,116 -
1974 - - $3,629 -
1973 - - $3,213 -
1972 - - $2,677 -
1971 - - $2,311 -
1970 - - $2,112 -
1969 - - $1,886 -
1968 - - $1,718 -
1967 - - $1,595 -
1966 - - $1,459 -
1965 - - $1,357 -
1964 - - $1,272 -
1963 - - $1,171 -
1962 - - $1,030 -
1961 - - $923 -
1960 - - $837 -

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

GeoRank.org/economy/djibouti/italy | CC BY

Djibouti's GDP per capita is $3,553, ranking 133/197, compared to $40,385 in Italy, ranking 29/197. Adjusted for purchasing power (GDP per capita PPP), Djibouti ranks 143rd at $7,810, while Italy ranks 31st at $62,014.

Economic indicators

Djibouti Italy
Gross domestic product
$4.15B
2024
$2.38T
2024
GDP rank
165/197
2024
8/197
2024
GDP growth
6.98%
2023-2024
0.69%
2023-2024
GDP per capita
$3,553
2024
$40,385
2024
GDP per capita rank
133/197
2024
29/197
2024
GDP per capita, PPP
$7,810
2024
$62,014
2024
GDP per capita PPP rank
143/197
2024
31/197
2024
Government debt
$1.36B
2024
$3.22T
2024
Debt-to-GDP ratio
32.9%
2024
135.3%
2024
Government debt per person
$1,167
2024
$54,652
2024
Government debt per person rank
137/185
2024
6/185
2024
Average annual personal income after taxes
$2,690
2026
$23,800
2026
Market capitalization of domestic companies n/a
$587B
2014
Number of millionaires n/a
1,344,000
2025
Number of billionaires n/a
74
2025
Income share by richest 10%
32.3%
2017
25.8%
2023
Income share by poorest 10%
1.9%
2017
2.3%
2023
Government expenditure, % of GDP
20.6%
2024
50.6%
2024
Consumer prices inflation
2.1%
2023-2024
0.98%
2023-2024
Unemployment rate
40%
2017
6.5%
2024
Population
1203929
58562681

Spending and national debt comparison by year

Djibouti
Spending

Debt
Italy
Spending

Debt
1x
Year % of GDP
Djibouti Italy
Government spending Government debt Government spending Government debt
2024 20.6% 32.9% 50.6% 135.3%
2023 21.5% 35.4% 54% 134.6%
2022 21% 38.3% 54.9% 138.3%
2021 23.1% 40.3% 56% 145.8%
2020 25.8% 42.1% 56.8% 154.4%
2019 24.9% 41.1% 48.4% 133.9%
2018 25.9% 47.5% 48.3% 134.2%
2017 23.9% 48% 48.8% 133.7%
2016 25.9% 45.9% 49% 134.2%
2015 42% 40.3% 50.2% 134.8%
2014 29% 26.9% 50.7% 134.8%
2013 26.8% 24.6% 50.9% 131.9%
2012 26.5% 25% 50.5% 125.9%
2011 25.3% 25.7% 49% 119.1%
2010 26.6% 27.9% 49.8% 118.8%
2009 31% 29.5% 51.1% 116.1%
2008 28.8% 59.3% 47.8% 105.8%
2007 26.6% 56.6% 46.6% 103.5%
2006 23.8% 58.3% 47.6% 106.3%
2005 26.2% 60.3% 47.1% 106.2%
2004 26.7% 65.3% 46.7% 104.7%
2003 25.8% 66.3% 47% 105.1%
2002 23.4% 63.7% 46.5% 105.9%
2001 21% 58.1% 47.1% 108.5%
2000 23.2% 58.1% 46.4% 108.7%
1999 23.5% 58.5% 47.1% 113.1%
1998 24% 55.2% 48% 113.9%
1997 25% 56% 49.3% 116.5%
1996 23.7% 53.1% 51.3% 118.9%
1995 27% 50.9% 51.4% 119.1%
1994 30.9% - 55.1% 130.8%
1993 35.3% - 57.8% 124.1%
1992 34.9% - 56.8% 113%
1991 27.7% - 55.3% 105.3%
1990 30.2% - 54.2% 101.7%
1989 - - 51.6% 91.8%
1988 - - 50.4% 89.2%
1987 - - 49.8% 87.4%
1986 - - 50.5% 83.4%
1985 - - 49.8% 79.1%
1984 - - 49.1% 73.1%
1983 - - 48.9% 67.8%
1982 - - 46.7% 61.8%
1981 - - 44.6% 57.3%
1980 - - 40.8% 55.1%
1979 - - 40.1% 58.9%
1978 - - 40.9% 59.9%
1977 - - 38.5% 56%
1976 - - 38.1% 57.3%
1975 - - 39.1% 57.9%
1974 - - 34.8% 50.8%
1973 - - 35.3% 51.1%
1972 - - 36.4% 48.2%
1971 - - 34.4% 42.4%
1970 - - 32.3% 37.8%
1969 - - 32.1% 37%
1968 - - 32.6% 36.4%
1967 - - 17.9% 33.3%
1966 - - 19.1% 33.4%
1965 - - 18.6% 28.4%
1964 - - 18.2% 27.2%
1963 - - 16.7% 27.2%
1962 - - 17.5% 29%
1961 - - 17.3% 30%
1960 - - 16.5% 31.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2008, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/italy | CC BY

In 2024, Djibouti's government spending was $856M, accounting for 20.6% of its GDP, while Italy spent $1.2T, or 50.6% of GDP.

Debt-to-GDP ratio is 32.9% in Djibouti and 135.3% in Italy, ranking 149/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Djibouti

Italy
1x
Year Deficit/surplus, % of GDP
Djibouti Italy
2024 -2.6% -3.45%
2023 -3.46% -7.24%
2022 -1.48% -8.11%
2021 -3.05% -8.88%
2020 -2.58% -9.38%
2019 -0.98% -1.45%
2018 -1.98% -2.19%
2017 -0.21% -2.51%
2016 -0.76% -2.4%
2015 -15.5% -2.46%
2014 -6.92% -2.82%
2013 -0.34% -2.87%
2012 -2.04% -2.99%
2011 -1.18% -3.52%
2010 -1.04% -4.16%
2009 -3.88% -5.06%
2008 0.62% -2.58%
2007 -1.88% -1.33%
2006 0.26% -3.61%
2005 -1.18% -4.1%
2004 -3.67% -3.46%
2003 -4.13% -3.23%
2002 -4.56% -2.88%
2001 -3.61% -3.18%
2000 -3.97% -2.42%
1999 -5.2% -1.77%
1998 -3.59% -2.99%
1997 -2.86% -2.98%
1996 -1.77% -6.61%
1995 -5.13% -7.2%
1994 -4.97% -8.84%
1993 -7.1% -9.76%
1992 -6.13% -10.1%
1991 -0.86% -11.1%
1990 -3.25% -11.1%
1989 - -11.4%
1988 - -11%
1987 - -11.5%
1986 - -12%
1985 - -12.4%
1984 - -11.5%
1983 - -10.1%
1982 - -10%
1981 - -10.9%
1980 - -6.97%
1979 - -8.23%
1978 - -8.47%
1977 - -6.96%
1976 - -7.88%
1975 - -10.3%
1974 - -6.24%
1973 - -6.36%
1972 - -6.84%
1971 - -4.71%
1970 - -3.22%
1969 - -2.85%
1968 - -2.55%
1967 - -0.97%
1966 - -1.59%
1965 - -2.67%
1964 - -2.35%
1963 - -0.3%
1962 - -0.95%
1961 - -0.57%
1960 - -0.28%
1959 - -1%
1958 - -0.98%
1957 - -1.09%
1956 - -1.46%
1955 - -2.03%
1954 - -1.84%
1953 - -2.33%
1952 - -4.08%
1951 - -3.86%
1950 - -2.42%
1949 - -2.82%
1948 - -4.58%
1947 - -6.62%
1946 - -9.82%
1945 - -16.9%
1944 - -35.1%
1943 - -16.1%
1942 - -26.9%
1941 - -25.1%
1940 - -24.3%
1939 - -9.49%
1938 - -5.97%
1937 - -5.78%
1936 - -7.93%
1935 - -9.83%
1934 - -2.5%
1933 - -4.85%
1932 - -3.06%
1931 - -2.14%
1930 - -0.55%
1929 - -0.59%
1928 - -2.09%
1927 - -1.71%
1926 - -0.09%
1925 - 1.7%
1924 - 1.19%
1923 - -3.21%
1922 - -11%
1921 - -7.77%
1920 - -5.89%
1919 - -11.2%
1918 - -22.7%
1917 - -27.6%
1916 - -28.2%
1915 - -25.8%
1914 - -12.4%
1913 - -0.86%
1912 - -1.86%
1911 - -0.63%
1910 - -0.32%
1909 - -0.69%
1908 - -1.31%
1907 - -0.51%
1906 - -0.69%
1905 - -1.57%
1904 - 0.58%
1903 - 0.32%
1902 - 0.48%
1901 - 0.36%
1900 - 0.28%
1899 - -0.11%
1898 - -0.21%
1897 - 0.009%
1896 - -0.43%
1895 - -0.69%
1894 - -0.23%
1893 - -0.49%
1892 - -0.25%
1891 - -1.41%
1890 - -0.32%
1889 - -1.32%
1888 - -2.11%
1887 - -1.94%
1886 - -0.5%
1885 - 0.2%
1884 - -1.46%
1883 - -0.51%
1882 - -0.5%
1881 - -0.04%
1880 - 0.38%
1879 - 0.73%
1878 - 0.09%
1877 - -0.009%
1876 - -0.05%
1875 - 0.58%
1874 - -0.08%
1873 - 0.21%
1872 - 0%
1871 - -0.13%
1870 - -0.82%
1869 - 0.33%
1868 - -0.79%
1867 - -1.45%
1866 - -3.1%
1865 - -2.72%
1864 - -3.06%
1863 - -4.16%
1862 - -3.96%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1862–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/djibouti/italy | CC BY

In 2024, Djibouti's government deficit, the difference between spending and revenue, was $108M, equivalent to 2.6% of GDP. This compares to Italy's deficit of $82B, or 3.45% of GDP.

Over the past 35 years, Djibouti recorded a fiscal deficit in 33 of those years, while Italy ran a deficit in 35 years. On average, Djibouti posted an annual deficit equal to 3.17% of GDP, compared to deficit of 4.82% of GDP for Italy.

Inflation comparison by year

Inflation
Djibouti

Italy
1x
Year Consumer prices inflation
Djibouti Italy
2024 2.1% 0.98%
2023 1.4% 5.62%
2022 5.2% 8.2%
2021 1.2% 1.87%
2020 1.8% -0.14%
2019 3.3% 0.61%
2018 0.1% 1.14%
2017 0.6% 1.23%
2016 2.4% -0.09%
2015 -0.5% 0.04%
2014 1.3% 0.24%
2013 1.1% 1.22%
2012 4.2% 3.04%
2011 5.2% 2.78%
2010 2.5% 1.53%
2009 5.6% 0.77%
2008 8.7% 3.35%
2007 5.9% 1.83%
2006 3.5% 2.09%
2005 3.3% 1.99%
2004 2.4% 2.21%
2003 1.6% 2.67%
2002 1.4% 2.47%
2001 1.9% 2.79%
2000 1.2% 2.54%
1999 -0.4% 1.66%
1998 2.2% 1.96%
1997 2.5% 2.04%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/djibouti/italy | CC BY

Over the past 28 years, Djibouti has recorded an average annual inflation rate of 2.56%, compared with 2.02% in Italy. In 2024, inflation was 2.1% in Djibouti and 0.98% in Italy.

Top exports between countries

Djibouti
Export category Export value
Machinery & equipment $358K
Textiles & consumer goods $272K
Wood & paper products $69K
Metals $6K
Animal & marine products $1K
Processed food, beverages & tobacco $1K
Italy
Export category Export value
Raw materials & minerals $14M
Machinery & equipment $13.7M
Wood & paper products $4.16M
Processed food, beverages & tobacco $2.26M
Chemicals & pharma $2.18M
Textiles & consumer goods $1.58M
Metals $1.47M
Animal & marine products $357K
Raw agricultural goods $233K
Miscellaneous $32K

Balance of trade

Djibouti Italy
Current account balance
$610M
2024
$25.8B
2024
Current account balance ranking
59/190
2024
19/190
2024
Current account balance, % of GDP
+14.7%
2024
+1.08%
2024
Goods imports
$4.04B
2024
$562B
2024
Goods exports
$4.08B
2024
$621B
2024
Service imports
$730M
2024
$160B
2024
Service exports
$1.17B
2024
$155B
2024
Imports of goods and services, % of GDP
114.8%
2024
30.3%
2024
Exports of goods and services, % of GDP
126.4%
2024
32.5%
2024

Economic freedom indices

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

Djibouti Italy
Economic freedom 56.3 63.3
Economic freedom ranking 122/197 80/197
Property rights 30.4 84.8
Government integrity 27.9 60.8
Judicial effectiveness 28.6 80.9
Tax burden 83.5 57.5
Government spending 86.7 15.3
Fiscal health 87.7 17.2
Business freedom 52.9 74.5
Labor freedom 57.5 70.6
Monetary freedom 70.6 79.1
Trade freedom 49.8 79.4
Investment freedom 50 80
Financial freedom 50 60

Economic freedom comparison by year

Djibouti
Italy
1x
Year Economic freedom index
Djibouti Italy
2026 56.3 63.3
2025 55.7 60.9
2024 55.8 60.1
2023 56.1 62.3
2022 55.3 65.4
2021 56.2 64.9
2020 52.9 63.8
2019 47.1 62.2
2018 45.1 62.5
2017 46.7 62.5
2016 56 61.2
2015 57.5 61.7
2014 55.9 60.9
2013 53.9 60.6
2012 53.9 58.8
2011 54.5 60.3
2010 51 62.7
2009 51.3 61.4
2008 51.2 62.6
2007 52.4 62.8
2006 53.2 62
2005 55.2 64.9
2004 55.6 64.2
2003 55.7 64.3
2002 57.8 63.6
2001 58.3 63
2000 55.1 61.9
1999 57.1 61.6
1998 55.9 59.1
1997 54.5 58.1
1996 - 60.8
1995 - 61.2

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

GeoRank.org/economy/djibouti/italy | CC BY

The Economic Freedom Index for Djibouti is 56.3, ranking 122/197, compared to 63.3 for Italy, ranking 80/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Djibouti Italy
Services, % of GDP
76.1%
2024
65%
2024
Industry, % of GDP
15.9%
2024
22.3%
2024
Agriculture, forestry, and fishing, % of GDP
2.51%
2024
2%
2024
GNI, Atlas method
$4.25B
2024
$2.28T
2024
GNI per capita, PPP
$8,030
2024
$61,620
2024
Total reserves including gold
$349M
2024
$291B
2024
Total reserves ranking
165/177
2024
12/177
2024
Net foreign direct investment
-$67.8M
2024
$19B
2024
Net inflows of foreign direct investment
$67.8M
2024
$26.9B
2024
Net outflows of foreign direct investment
$0
2024
$45.9B
2024
Servicing debt to the IMF, % of GNI
3.27%
2024
n/a
Poverty at national poverty lines
23%
2020
20.1%
2021
Gross capital formation, % of GDP
0.25%
2024
22.6%
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/djibouti/italy | 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 (1862–2008, 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 (2021–2024, retrieved 2026-02-08)
  7. Central Intelligence Agency (CIA) (2017–2020, retrieved 2026-02-20)
  8. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  9. LivingCost (2026, retrieved 2025-10-14)

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.