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Economy of Ecuador vs Portugal compared: GDP & Debt

Updated on by Georank

Ecuador has a GDP of $130B compared to $347B for Portugal, ranking 64/197 and 46/197 by economy size, respectively.

Ecuador has $70.9B in government debt (54.4% of GDP), compared to $312B (89.9% of GDP) in Portugal.

Ecuador vs Portugal GDP by year

Ecuador
Portugal
1x
Year GDP, current $
Ecuador Portugal
2025 $130,320,560,400 $346,639,825,142
2024 $123,802,374,000 $313,656,884,871
2023 $120,792,801,000 $292,323,800,949
2022 $116,133,121,000 $256,898,677,175
2021 $107,179,074,000 $256,055,879,091
2020 $95,865,473,000 $229,618,773,423
2019 $107,595,830,000 $240,115,970,063
2018 $107,478,961,000 $242,092,894,543
2017 $104,467,486,000 $220,862,990,767
2016 $97,671,433,000 $206,305,431,242
2015 $97,209,558,000 $199,038,523,120
2014 $102,717,794,000 $230,078,616,300
2013 $96,570,334,000 $226,677,408,292
2012 $87,735,048,000 $216,536,676,772
2011 $78,986,648,000 $245,426,767,676
2010 $68,151,329,000 $238,443,864,993
2009 $60,094,978,000 $244,667,762,836
2008 $61,139,438,000 $263,416,394,624
2007 $49,848,725,000 $240,496,147,317
2006 $45,690,762,000 $208,756,449,276
2005 $40,278,849,000 $197,253,876,705
2004 $35,194,947,000 $189,382,122,532
2003 $30,965,208,000 $165,226,175,537
2002 $27,054,197,000 $134,795,565,549
2001 $23,127,055,000 $121,604,107,165
2000 $17,539,454,727 $118,605,192,877
1999 $19,645,272,636 $127,470,385,557
1998 $27,981,896,948 $123,946,327,916
1997 $28,162,053,027 $117,016,535,163
1996 $25,226,393,197 $122,630,089,680
1995 $24,432,884,442 $118,122,007,430
1994 $22,708,673,337 $99,688,641,304
1993 $18,938,717,359 $95,009,751,901
1992 $18,094,238,119 $107,592,098,307
1991 $16,988,535,268 $89,233,599,278
1990 $15,239,272,612 $78,713,860,217
1989 $13,890,823,705 $60,594,092,182
1988 $13,051,881,851 $56,347,250,696
1987 $13,945,426,859 $48,182,925,857
1986 $15,314,138,472 $38,745,901,354
1985 $17,149,088,413 $27,115,807,742
1984 $16,912,509,092 $25,217,969,050
1983 $17,152,477,037 $27,239,650,742
1982 $19,929,846,396 $30,527,754,793
1981 $21,810,759,354 $31,977,276,873
1980 $17,881,508,242 $32,896,519,824
1979 $14,175,160,902 $26,622,819,672
1978 $11,922,497,876 $23,487,614,051
1977 $11,026,342,618 $21,439,523,311
1976 $9,091,921,030 $20,332,831,565
1975 $7,731,674,472 $19,347,607,843
1974 $6,599,257,044 $17,512,391,476
1973 $3,891,754,150 $15,090,564,186
1972 $3,185,986,087 $11,239,117,865
1971 $2,754,219,271 $9,201,604,240
1970 $2,862,503,139 $8,108,235,704
1969 $3,112,165,727 $7,287,555,035
1968 $2,582,179,864 $6,644,693,214
1967 $2,553,595,172 $6,002,607,030
1966 $2,429,308,639 $5,370,108,031
1965 $2,387,047,396 $4,901,711,248
1964 $2,244,146,103 $4,429,202,657
1963 $1,824,343,871 $4,084,251,593
1962 $1,518,207,703 $3,835,883,663
1961 $1,753,850,955 $3,573,719,085
1960 $2,069,464,937 $3,339,150,158

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

GeoRank.org/economy/ecuador/portugal | CC BY

GDP per capita in Ecuador vs Portugal by year

Ecuador
GDP per capita

GDP per capita, PPP
Portugal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ecuador Portugal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,125 - $32,082 -
2024 $6,827 $15,840 $29,328 $51,680
2023 $6,718 $15,919 $27,635 $49,353
2022 $6,516 $15,198 $24,621 $45,250
2021 $6,061 $13,507 $24,711 $38,658
2020 $5,464 $11,527 $22,299 $35,967
2019 $6,205 $12,543 $23,343 $37,866
2018 $6,304 $12,187 $23,541 $34,897
2017 $6,233 $11,793 $21,442 $32,971
2016 $5,918 $10,881 $19,980 $31,589
2015 $5,976 $10,878 $19,216 $29,608
2014 $6,406 $11,836 $22,121 $28,765
2013 $6,109 $11,296 $21,676 $27,966
2012 $5,634 $10,245 $20,593 $26,476
2011 $5,154 $9,769 $23,247 $26,803
2010 $4,520 $8,969 $22,552 $27,292
2009 $4,053 $8,662 $23,151 $26,472
2008 $4,195 $8,663 $24,949 $26,666
2007 $3,479 $8,112 $22,811 $25,738
2006 $3,244 $7,885 $19,839 $24,677
2005 $2,909 $7,457 $18,780 $22,725
2004 $2,586 $6,980 $18,064 $21,476
2003 $2,316 $6,475 $15,798 $20,850
2002 $2,059 $6,282 $12,937 $20,357
2001 $1,791 $5,999 $11,735 $19,529
2000 $1,382 $5,728 $11,526 $18,883
1999 $1,575 $5,638 $12,475 $17,718
1998 $2,284 $5,940 $12,199 $16,688
1997 $2,341 $5,793 $11,576 $15,789
1996 $2,136 $5,560 $12,185 $14,922
1995 $2,108 $5,469 $11,781 $14,406
1994 $1,997 $5,339 $9,977 $13,578
1993 $1,698 $5,112 $9,535 $13,202
1992 $1,655 $4,998 $10,811 $13,182
1991 $1,587 $4,887 $8,959 $12,739
1990 $1,455 $4,632 $7,885 $11,780
1989 $1,356 - $6,056 -
1988 $1,304 - $5,624 -
1987 $1,426 - $4,804 -
1986 $1,604 - $3,862 -
1985 $1,842 - $2,705 -
1984 $1,864 - $2,523 -
1983 $1,940 - $2,735 -
1982 $2,314 - $3,080 -
1981 $2,601 - $3,246 -
1980 $2,190 - $3,368 -
1979 $1,783 - $2,756 -
1978 $1,541 - $2,457 -
1977 $1,465 - $2,267 -
1976 $1,242 - $2,173 -
1975 $1,086 - $2,128 -
1974 $954 - $2,000 -
1973 $579 - $1,748 -
1972 $488 - $1,302 -
1971 $434 - $1,065 -
1970 $465 - $934 -
1969 $521 - $832 -
1968 $445 - $752 -
1967 $454 - $676 -
1966 $445 - $601 -
1965 $450 - $545 -
1964 $436 - $490 -
1963 $365 - $452 -
1962 $312 - $426 -
1961 $371 - $400 -
1960 $451 - $377 -

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

GeoRank.org/economy/ecuador/portugal | CC BY

Ecuador's GDP per capita is $7,125, ranking 102/197, compared to $32,082 in Portugal, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Ecuador ranks 110th at $15,840, while Portugal ranks 42nd at $51,680.

Economic indicators

Ecuador Portugal
Gross domestic product
$130B
2025
$347B
2025
GDP rank
64/197
2025
46/197
2025
GDP growth
3.73%
2024-2025
1.86%
2024-2025
GDP per capita
$7,125
2025
$32,082
2025
GDP per capita rank
102/197
2025
43/197
2025
GDP per capita, PPP
$15,840
2024
$51,680
2024
GDP per capita PPP rank
110/197
2024
42/197
2024
Government debt
$70.9B
2025
$312B
2025
Debt-to-GDP ratio
54.4%
2025
89.9%
2025
Government debt per person
$3,877
2025
$28,843
2025
Government debt per person rank
94/185
2025
26/185
2025
Average annual personal income after taxes
$6,605
2026
$16,647
2026
Market capitalization of domestic companies
$747M
2000
$61.9B
2018
Number of millionaires n/a
181,000
2026
Number of billionaires n/a
1
2026
Income share by richest 10%
35.1%
2025
26.9%
2023
Income share by poorest 10%
1.7%
2025
2.7%
2023
Government expenditure, % of GDP
38.4%
2025
43.7%
2025
Consumer prices inflation
0.71%
2024-2025
2.34%
2024-2025
Unemployment rate
3.23%
2025
6%
2025
Population
18524711
10788071

Spending and national debt comparison by year

Ecuador
Spending

Debt
Portugal
Spending

Debt
1x
Year % of GDP
Ecuador Portugal
Government spending Government debt Government spending Government debt
2025 38.4% 54.4% 43.7% 89.9%
2024 38.3% 54.1% 42.5% 93.5%
2023 39.6% 54.5% 41.9% 96.9%
2022 38.9% 57.2% 43.9% 111.2%
2021 37.5% 61.8% 47.3% 123.9%
2020 40.2% 63.6% 49.1% 134.1%
2019 39.8% 52.1% 42.5% 116.1%
2018 40.9% 49.5% 43.3% 121.1%
2017 40.5% 47.4% 45.5% 126%
2016 44.1% 46.1% 44.9% 131.2%
2015 44.1% 36.4% 48.2% 131%
2014 45.9% 28.2% 51.7% 132.5%
2013 46.7% 23.4% 50% 130.8%
2012 43.2% 19.3% 48.8% 128.6%
2011 39.6% 18.6% 50% 114%
2010 35.4% 18.4% 51.9% 100.1%
2009 34.3% 19.7% 50.3% 87.8%
2008 35.6% 24.9% 45.5% 75.6%
2007 24.7% 29.6% 44.6% 72.7%
2006 21.7% 33.1% 45.2% 73.7%
2005 22% 35.8% 46.7% 72.2%
2004 21.3% 40.2% 46% 67.1%
2003 21.3% 47.2% 45.3% 63.9%
2002 22.8% 55% 44.2% 60%
2001 21.4% 63.8% 44.1% 57.4%
2000 24.3% 92.2% 42.8% 54.2%
1999 24.1% 105.2% 42.5% 55.4%
1998 21.5% 70.3% 42.6% 55.6%
1997 22% 61.5% 42.4% 58.7%
1996 22.7% 69.3% 43% 63.3%
1995 22% 70.5% 42.6% 62.2%
1994 - - 42.8% 60.4%
1993 - - 46.5% 57.2%
1992 - - 48.2% 58.1%
1991 - - 45.9% 63.9%
1990 - - 42.2% 60.2%
1989 - - 36.2% 55.4%
1988 - - 36.2% 56.8%
1987 - - 37.5% 57.2%
1986 - - 38.9% 59.8%
1985 - - 37.5% 59.4%
1984 - - 34.6% 51.3%
1983 - - 34.7% 46.7%
1982 - - 35.8% 43%
1981 - - 35.3% 39.3%
1980 - - 32.4% 31%
1979 - - 30.8% 35.2%
1978 - - 31.7% 31.4%
1977 - - 35.1% 26.9%
1976 - - 38.2% 24.5%
1975 - - 31.9% 19.2%
1974 - - 25.8% 13.5%
1973 - - 25.7% 13.6%
1972 - - 22.8% 14.5%
1971 - - 15.5% 15.7%
1970 - - 15.5% 16.5%
1969 - - 14.9% 16.8%
1968 - - 14.3% 17.2%
1967 - - 14.1% 18.5%
1966 - - 14.4% 20.2%
1965 - - 13.4% 20.4%
1964 - - 13.9% 21.9%
1963 - - 14.6% 20.8%
1962 - - 14.5% 18.7%
1961 - - 14.6% 17.1%
1960 - - 14.3% 16.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

GeoRank.org/economy/ecuador/portugal | CC BY

In 2025, Ecuador's government spending was $50B, accounting for 38.4% of its GDP, while Portugal spent $152B, or 43.7% of GDP.

Debt-to-GDP ratio is 54.4% in Ecuador and 89.9% in Portugal, ranking 92/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Ecuador

Portugal
1x
Year Deficit/surplus, % of GDP
Ecuador Portugal
2025 -2.88% 0.31%
2024 -1.28% 0.5%
2023 -3.49% 1.26%
2022 0.04% -0.31%
2021 -1.59% -2.83%
2020 -7.38% -5.75%
2019 -3.47% 0.12%
2018 -2.8% -0.43%
2017 -5.77% -3%
2016 -10.3% -1.94%
2015 -6.87% -4.37%
2014 -8.11% -7.32%
2013 -8.17% -5.21%
2012 -2.83% -6.2%
2011 -0.13% -7.73%
2010 -1.39% -11.4%
2009 -3.71% -9.87%
2008 0.57% -3.81%
2007 2.66% -2.91%
2006 2.92% -4.06%
2005 0.66% -6.05%
2004 1.94% -5.91%
2003 1.05% -5.57%
2002 0.74% -3.7%
2001 0.03% -4.68%
2000 -0.32% -3.32%
1999 -4.82% -2.93%
1998 -5.1% -4.3%
1997 -2.83% -3.65%
1996 -3.44% -4.63%
1995 -2.02% -5.14%
1994 - -7.37%
1993 - -8.06%
1992 - -5.19%
1991 - -7.93%
1990 - -6.82%
1989 - -2.86%
1988 - -3.52%
1987 - -6.79%
1986 - -7.45%
1985 - -8.35%
1984 - -5.23%
1983 - -4.86%
1982 - -7.02%
1981 - -8.34%
1980 - -6.92%
1979 - -6.08%
1978 - -7.15%
1977 - -7.5%
1976 - -10.2%
1975 - -7.1%
1974 - -3.2%
1973 - -5.39%
1972 - -7.72%
1971 - -0.23%
1970 - -0.24%
1969 - -1.53%
1968 - -1.24%
1967 - -0.46%
1966 - -2%
1965 - -0.03%
1964 - -1.93%
1963 - -3.33%
1962 - -1.69%
1961 - -3.17%
1960 - -3.13%
1959 - -1.73%
1958 - -0.52%
1957 - 0.08%
1956 - -0.18%
1955 - -0.31%
1954 - -0.58%
1953 - -0.35%
1952 - -0.34%
1951 - 0.94%
1950 - -0.83%
1949 - -0.46%
1948 - -2.04%
1947 - -1.65%
1946 - -2.32%
1945 - -2.38%
1944 - -1.44%
1943 - 0.03%
1942 - -0.35%
1941 - -0.08%
1940 - -1.74%
1939 - -0.73%
1938 - -0.08%
1937 - -0.09%
1936 - 0.08%
1935 - 0.75%
1934 - 0.6%
1933 - -0.07%
1932 - -0.03%
1931 - 0.04%
1930 - 0.79%
1929 - 1.86%
1928 - 0.2%
1927 - -2.27%
1926 - -4.21%
1925 - -1.48%
1924 - -3.16%
1923 - -3.47%
1922 - -10%
1921 - -6.5%
1920 - -5.66%
1919 - -8.83%
1918 - -8.3%
1917 - -5.49%
1916 - -
1915 - -
1914 - -
1913 - -0.34%
1912 - -0.02%
1911 - -0.73%
1910 - -0.19%
1909 - -0.82%
1908 - -0.56%
1907 - -0.69%
1906 - -0.45%
1905 - -0.75%
1904 - -0.26%
1903 - -0.91%
1902 - -0.5%
1901 - -0.69%
1900 - -0.35%
1899 - -0.77%
1898 - -0.5%
1897 - -0.93%
1896 - -1.35%
1895 - -0.2%
1894 - -0.16%
1893 - -0.02%
1892 - -0.8%
1891 - -2.15%
1890 - -2.01%
1889 - -1.95%
1888 - -2.14%
1887 - -0.67%
1886 - -1.43%
1885 - -1.68%
1884 - -1.48%
1883 - -1.1%
1882 - -0.39%
1881 - -1.2%
1880 - -1.63%

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/ecuador/portugal | CC BY

In 2025, Ecuador's government deficit, the difference between spending and revenue, was $3.76B, equivalent to 2.88% of GDP. This compares to Portugal's surplus of $1.07B, or 0.31% of GDP.

Over the past 31 years, Ecuador recorded a fiscal deficit in 22 of those years, while Portugal ran a deficit in 27 years. On average, Ecuador posted an annual deficit equal to 2.52% of GDP, compared to deficit of 4.03% of GDP for Portugal.

Inflation comparison by year

Inflation
Ecuador

Portugal
1x
Year Consumer prices inflation
Ecuador Portugal
2025 0.71% 2.34%
2024 1.55% 2.42%
2023 2.22% 4.31%
2022 3.47% 7.83%
2021 0.13% 1.27%
2020 -0.34% -0.01%
2019 0.27% 0.34%
2018 -0.22% 0.99%
2017 0.42% 1.37%
2016 1.73% 0.61%
2015 3.97% 0.49%
2014 3.59% -0.28%
2013 2.72% 0.27%
2012 5.1% 2.77%
2011 4.47% 3.65%
2010 3.55% 1.4%
2009 5.16% -0.84%
2008 8.4% 2.59%
2007 2.28% 2.45%
2006 3.3% 3.11%
2005 2.17% 2.28%
2004 2.74% 2.37%
2003 7.93% 3.22%
2002 12.5% 3.6%
2001 37.7% 4.37%
2000 96.1% 2.85%
1999 52.2% 2.34%
1998 36.1% 2.57%
1997 30.7% 2.34%

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

GeoRank.org/economy/ecuador/portugal | CC BY

Over the past 29 years, Ecuador has recorded an average annual inflation rate of 11.4%, compared with 2.17% in Portugal. In 2025, inflation was 0.71% in Ecuador and 2.34% in Portugal.

Top exports between countries

Ecuador
Export category Export value
Animal & marine products $112M
Processed food, beverages & tobacco $27.4M
Raw agricultural goods $7.4M
Chemicals & pharma $950K
Raw materials & minerals $88K
Machinery & equipment $84K
Textiles & consumer goods $12K
Wood & paper products $12K
Miscellaneous $1K
Precious metals & jewellery $1K
Portugal
Export category Export value
Machinery & equipment $8.44M
Textiles & consumer goods $4.96M
Metals $3.01M
Chemicals & pharma $2.84M
Raw materials & minerals $1.69M
Wood & paper products $1.38M
Processed food, beverages & tobacco $649K
Raw agricultural goods $430K
Precious metals & jewellery $225K
Animal & marine products $83K

Balance of trade

Ecuador Portugal
Current account balance
$7.7B
2025
$6.51B
2024
Current account balance ranking
28/190
2025
30/190
2024
Current account balance, % of GDP
+5.91%
2025
+2.08%
2024
Goods imports
$31.1B
2025
$109B
2024
Goods exports
$37.4B
2025
$81.4B
2024
Service imports
$6.22B
2025
$27.9B
2024
Service exports
$4.14B
2025
$62.7B
2024
Imports of goods and services, % of GDP
27.9%
2025
42.7%
2025
Exports of goods and services, % of GDP
31.4%
2025
43.7%
2025

Economic freedom indices

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

Ecuador Portugal
Economic freedom 55.6 71.2
Economic freedom ranking 127/197 33/197
Property rights 33.2 88.9
Government integrity 33 63.4
Judicial effectiveness 48.1 90.1
Tax burden 74.2 60.6
Government spending 54.9 44.6
Fiscal health 90.3 82
Business freedom 64.3 83.1
Labor freedom 56.9 54.8
Monetary freedom 76.3 77.7
Trade freedom 66.4 79.4
Investment freedom 30 70
Financial freedom 40 60

Economic freedom comparison by year

Ecuador
Portugal
1x
Year Economic freedom index
Ecuador Portugal
2026 55.6 71.2
2025 55.8 70.5
2024 55 68.7
2023 55 69.5
2022 54.3 70.8
2021 52.4 67.5
2020 51.3 67
2019 46.9 65.3
2018 48.5 63.4
2017 49.3 62.6
2016 48.6 65.1
2015 49.2 65.3
2014 48 63.5
2013 46.9 63.1
2012 48.3 63
2011 47.1 64
2010 49.3 64.4
2009 52.5 64.9
2008 55.2 63.9
2007 55.3 64
2006 54.6 62.9
2005 52.9 62.4
2004 54.4 64.9
2003 54.1 64.9
2002 53.1 65.4
2001 55.1 66
2000 59.8 65.5
1999 62.9 65.6
1998 62.8 65
1997 61 63.6
1996 60.1 64.5
1995 57.7 62.4

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

GeoRank.org/economy/ecuador/portugal | CC BY

The Economic Freedom Index for Ecuador is 55.6, ranking 127/197, compared to 71.2 for Portugal, ranking 33/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ecuador Portugal
Services, % of GDP
57%
2025
66.6%
2025
Industry, % of GDP
25.7%
2025
18.3%
2025
Agriculture, forestry, and fishing, % of GDP
9.7%
2025
1.96%
2025
GNI, Atlas method
$126B
2025
$323B
2025
GNI per capita, PPP
$16,290
2025
$52,240
2025
Total reserves including gold
$9.8B
2025
$68.8B
2025
Total reserves ranking
79/177
2025
39/177
2025
Net foreign direct investment
-$1.3B
2025
-$6.64B
2024
Net inflows of foreign direct investment
$446M
2024
$13.5B
2024
Net outflows of foreign direct investment
$0
2024
$6.84B
2024
Servicing debt to the IMF, % of GNI
7.05%
2024
n/a
Poverty at national poverty lines
21.4%
2025
16.4%
2021
Gross capital formation, % of GDP
20.9%
2025
21%
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/ecuador/portugal | 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 (1880–2000, 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.