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Economy of Egypt vs India compared: GDP & Debt

Updated on by Georank team

Egypt has a GDP of $389B compared to $3.91T for India, ranking 41/197 and 5/197 by economy size, respectively.

Egypt has $354B in government debt (90.9% of GDP), compared to $3.19T (81.6% of GDP) in India.

Egypt vs India GDP by year

Egypt
India
1x
Year GDP, current $
Egypt India
2024 $389,059,911,004 $3,909,891,533,858
2023 $395,926,075,163 $3,638,489,096,034
2022 $476,747,720,365 $3,346,107,287,731
2021 $424,671,765,456 $3,167,270,623,260
2020 $383,817,841,547 $2,674,851,578,587
2019 $318,678,815,490 $2,835,606,256,558
2018 $262,588,632,527 $2,702,929,641,649
2017 $248,362,771,739 $2,651,474,262,755
2016 $332,441,717,791 $2,294,796,885,663
2015 $329,366,576,819 $2,103,588,360,045
2014 $305,595,408,895 $2,039,126,479,155
2013 $288,434,108,527 $1,856,721,507,622
2012 $279,116,666,667 $1,827,637,590,410
2011 $235,989,672,978 $1,823,051,829,895
2010 $218,983,666,062 $1,675,615,519,485
2009 $189,147,005,445 $1,341,888,016,995
2008 $162,818,181,818 $1,198,895,139,006
2007 $130,437,828,371 $1,216,736,438,835
2006 $107,426,086,957 $940,259,888,788
2005 $89,660,339,660 $820,383,763,511
2004 $78,782,467,532 $709,152,728,831
2003 $80,288,461,538 $607,700,687,237
2002 $85,146,067,416 $514,939,140,319
2001 $96,684,636,119 $485,440,139,204
2000 $99,838,543,960 $468,395,521,654
1999 $90,710,704,807 $458,821,052,616
1998 $84,828,807,556 $421,351,317,225
1997 $78,436,578,171 $415,867,563,593
1996 $67,629,716,981 $392,896,866,205
1995 $60,159,245,060 $360,281,909,643
1994 $51,897,983,393 $327,274,843,459
1993 $46,578,631,453 $279,295,648,983
1992 $41,855,986,519 $288,208,070,278
1991 $37,387,836,491 $270,105,341,879
1990 $42,978,914,311 $320,979,026,420
1989 $39,756,299,050 $296,042,052,945
1988 $34,980,124,929 $296,589,670,896
1987 $40,455,616,654 $279,033,584,092
1986 $41,253,507,951 $248,985,994,041
1985 $39,053,502,251 $232,511,554,840
1984 $33,971,188,992 $212,157,645,178
1983 $30,966,239,814 $218,262,146,413
1982 $27,655,172,414 $200,715,624,831
1981 $22,136,081,081 $193,491,368,446
1980 $21,669,908,176 $186,328,579,302
1979 $18,020,571,429 $152,995,442,498
1978 $14,811,704,063 $137,302,319,829
1977 $14,400,806,876 $121,486,641,441
1976 $13,315,988,083 $102,716,451,980
1975 $11,632,178,869 $98,473,832,017
1974 $9,228,963,225 $99,526,597,934
1973 $10,098,534,613 $85,517,673,173
1972 $9,299,638,056 $71,464,700,667
1971 $8,609,283,346 $67,351,404,352
1970 $8,042,200,452 $62,422,483,055
1969 $6,524,455,206 $58,447,995,017
1968 $5,932,242,991 $53,085,455,871
1967 $5,605,484,299 $50,134,942,204
1966 $5,278,005,612 $45,581,230,504
1965 $4,948,667,540 $59,556,105,229
1964 $4,709,245,762 $56,480,289,941
1963 $4,187,146,232 $48,421,923,459
1962 $4,035,462,027 $42,161,481,858
1961 $4,494,575,611 $39,232,435,784
1960 $4,206,270,352 $37,029,883,876

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

GeoRank.org/economy/egypt/india | CC BY

GDP per capita in Egypt vs India by year

Egypt
GDP per capita

GDP per capita, PPP
India
GDP per capita

GDP per capita, PPP
1x
Year Current $
Egypt India
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,338 $19,094 $2,695 $11,160
2023 $3,457 $18,525 $2,530 $10,323
2022 $4,233 $17,527 $2,347 $9,207
2021 $3,827 $15,579 $2,240 $8,050
2020 $3,511 $15,232 $1,907 $6,966
2019 $2,963 $13,364 $2,041 $7,151
2018 $2,485 $12,329 $1,966 $6,715
2017 $2,395 $11,125 $1,950 $6,145
2016 $3,271 $10,666 $1,708 $5,800
2015 $3,307 $10,903 $1,584 $5,425
2014 $3,133 $10,256 $1,554 $5,192
2013 $3,026 $10,511 $1,433 $5,014
2012 $2,996 $10,342 $1,429 $4,820
2011 $2,591 $8,988 $1,445 $4,455
2010 $2,455 $8,838 $1,348 $4,206
2009 $2,162 $8,465 $1,095 $3,887
2008 $1,896 $8,191 $993 $3,633
2007 $1,548 $7,641 $1,022 $3,508
2006 $1,299 $7,079 $802 $3,221
2005 $1,106 $6,554 $710 $2,937
2004 $991 $6,207 $624 $2,682
2003 $1,031 $5,928 $544 $2,461
2002 $1,117 $5,753 $469 $2,277
2001 $1,295 $5,650 $450 $2,200
2000 $1,366 $5,452 $443 $2,091
1999 $1,268 $5,121 $442 $2,006
1998 $1,213 $4,869 $414 $1,852
1997 $1,146 $4,661 $416 $1,759
1996 $1,009 $4,434 $401 $1,695
1995 $916 $4,235 $375 $1,579
1994 $807 $4,048 $348 $1,467
1993 $740 $3,895 $303 $1,374
1992 $681 $3,784 $319 $1,309
1991 $623 $3,627 $306 $1,239
1990 $736 $3,566 $371 $1,212
1989 $701 - $350 -
1988 $634 - $358 -
1987 $754 - $345 -
1986 $790 - $315 -
1985 $770 - $301 -
1984 $690 - $281 -
1983 $648 - $296 -
1982 $596 - $278.7 -
1981 $490 - $275 -
1980 $493 - $271.1 -
1979 $421 - $228 -
1978 $355 - $209.4 -
1977 $353 - $189.6 -
1976 $335 - $164.1 -
1975 $299.2 - $161.1 -
1974 $243.1 - $166.7 -
1973 $272.2 - $146.6 -
1972 $256.5 - $125.3 -
1971 $243 - $120.7 -
1970 $232.3 - $114.4 -
1969 $193 - $109.5 -
1968 $179.8 - $101.6 -
1967 $174.1 - $98 -
1966 $168.1 - $91 -
1965 $161.6 - $121.5 -
1964 $157.7 - $117.9 -
1963 $143.9 - $103.4 -
1962 $142.4 - $92.2 -
1961 $162.8 - $87.9 -
1960 $156.4 - $84.9 -

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

GeoRank.org/economy/egypt/india | CC BY

Egypt's GDP per capita is $3,338, ranking 138/197, compared to $2,695 in India, ranking 143/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 99th at $19,094, while India ranks 130th at $11,160.

Economic indicators

Egypt India
Gross domestic product
$389B
2024
$3.91T
2024
GDP rank
41/197
2024
5/197
2024
GDP growth
2.4%
2023-2024
6.49%
2023-2024
GDP per capita
$3,338
2024
$2,695
2024
GDP per capita rank
138/197
2024
143/197
2024
GDP per capita, PPP
$19,094
2024
$11,160
2024
GDP per capita PPP rank
99/197
2024
130/197
2024
Government debt
$354B
2024
$3.19T
2024
Debt-to-GDP ratio
90.9%
2024
81.6%
2024
Government debt per person
$3,036
2024
$2,200
2024
Government debt per person rank
99/185
2024
118/185
2024
Average annual personal income after taxes
$1,948
2026
$4,596
2026
Market capitalization of domestic companies
$42.6B
2024
$5.13T
2024
Number of millionaires n/a
917,000
2025
Number of billionaires
5
2025
205
2025
Income share by richest 10%
24.6%
2021
22.1%
2022
Income share by poorest 10%
4.2%
2021
4.5%
2022
Government expenditure, % of GDP
22.9%
2024
28.4%
2024
Consumer prices inflation
28.3%
2023-2024
4.95%
2023-2024
Central bank interest rate
21%
2025
5.25%
2025
Unemployment rate
5.95%
2024
4.17%
2024
Population
120697176
1480351380

Spending and national debt comparison by year

Egypt
Spending

Debt
India
Spending

Debt
1x
Year % of GDP
Egypt India
Government spending Government debt Government spending Government debt
2024 22.9% 90.9% 28.4% 81.6%
2023 22.7% 95.9% 27.9% 80.7%
2022 24.9% 88.5% 29.1% 82.2%
2021 25.5% 89.9% 29.9% 83.5%
2020 25.7% 86.2% 31% 88.4%
2019 26.9% 80.1% 26.8% 75.1%
2018 28.6% 87.9% 26.3% 70.4%
2017 30.6% 97.8% 26.2% 69.7%
2016 31% 91.6% 27.2% 68.9%
2015 31.3% 83.8% 27.1% 69%
2014 33.9% 80.9% 26.2% 67.1%
2013 32.9% 79.8% 26.6% 67.7%
2012 29.2% 69.9% 27.4% 68%
2011 30.5% 72.8% 27.6% 68.7%
2010 31.4% 69.6% 28% 67.7%
2009 32.5% 69.5% 28.5% 72.7%
2008 32.7% 66.8% 29.3% 74.3%
2007 31.3% 76.3% 26.9% 75.4%
2006 34.5% 85.9% 26.9% 77.9%
2005 30.3% 98.3% 26.9% 82.4%
2004 30.1% 96.5% 28.4% 84.9%
2003 30.6% 97.1% 29.9% 85.9%
2002 30.9% 85.8% 29.1% 84.3%
2001 27.9% 79.1% 28.3% 80.1%
2000 26% 71.7% 26.1% 74.9%
1999 26.3% 72.4% 25.8% 71.3%
1998 - 73.8% 26% 69.3%
1997 - - 25.2% 69%
1996 - - 24.4% 67.1%
1995 - - 25% 70.9%
1994 - - 26.2% 74.8%
1993 - - 26.2% 78.3%
1992 - - 26.7% 78.8%
1991 - - 27.3% 76.7%
1990 - - 25.8% 50.8%
1989 - - 25.7% 50.5%
1988 - - 24.9% 48.9%
1987 - - 22.5% 48.9%
1986 - - 23.2% 47.9%
1985 - - 21.6% 44.3%
1984 - - 19.8% 41.6%
1983 - - 17.8% 39.6%
1982 - - 17.8% 41.7%
1981 - - 16.6% 37.2%
1980 - - 17.5% 38%
1979 - - 15.6% 32.2%
1978 - - 15% 30.8%
1977 - - 13.9% 29.9%
1976 - - 14.4% 31.3%
1975 - - 12.7% 29.5%
1974 - - 11.3% 29%
1973 - - 12.9% 34.1%
1972 - - 13.5% 37.2%
1971 - - 12.4% 37.6%
1970 - - 11.7% 38.1%
1969 - - 11.5% 38.8%
1968 - - 12.6% 40.3%
1967 - - 13.8% 38.5%
1966 - - 13.8% 36.2%
1965 - - 13.7% 36.8%
1964 - - 13.2% 33.8%
1963 - - 12.3% 35.5%
1962 - - 11.5% 36.2%
1961 - - 11.8% 38.7%
1960 - - 11.2% 36.5%

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

GeoRank.org/economy/egypt/india | CC BY

In 2024, Egypt's government spending was $89.2B, accounting for 22.9% of its GDP, while India spent $1.11T, or 28.4% of GDP.

Debt-to-GDP ratio is 90.9% in Egypt and 81.6% in India, ranking 31/185 and 43/185, respectively.

Government deficit by year

Deficit/surplus
Egypt

India
1x
Year Deficit/surplus, % of GDP
Egypt India
2024 -7.12% -7.9%
2023 -5.77% -7.4%
2022 -5.74% -8.97%
2021 -6.96% -9.45%
2020 -7.47% -12.9%
2019 -7.6% -7.69%
2018 -8.97% -6.34%
2017 -9.9% -6.23%
2016 -11.8% -7.12%
2015 -10.4% -7.21%
2014 -10.7% -7.07%
2013 -12.3% -7%
2012 -9.47% -7.55%
2011 -9.6% -8.35%
2010 -7.45% -8.79%
2009 -6.2% -9.7%
2008 -6.05% -9.17%
2007 -4.9% -4.59%
2006 -7.35% -6.38%
2005 -6.69% -7.49%
2004 -5.76% -9.22%
2003 -5.73% -11.4%
2002 -6.77% -11.1%
2001 -1.07% -11%
2000 1.32% -8.41%
1999 2.14% -8.7%
1998 - -9.74%
1997 - -8.28%
1996 - -6.71%
1995 - -6.81%
1994 - -8%
1993 - -8.57%
1992 - -7.89%
1991 - -7.9%
1990 - -8.07%
1989 - -7.68%
1988 - -7.01%
1987 - -9.53%
1986 - -10.6%
1985 - -9.58%
1984 - -8.54%
1983 - -7.28%
1982 - -6.78%
1981 - -6.07%
1980 - -7.27%
1979 - -4.87%
1978 - -4.45%
1977 - -4.1%
1976 - -4.1%
1975 - -3.11%
1974 - -2.3%
1973 - -3.53%
1972 - -3.14%
1971 - -2.9%
1970 - -2.35%
1969 - -2.66%
1968 - -3.98%
1967 - -4.97%
1966 - -4.18%
1965 - -4.49%
1964 - -4.41%
1963 - -4.16%
1962 - -3.3%
1961 - -4.1%
1960 - -4.05%
1959 - -5.29%
1958 - -5.08%
1957 - -3.35%
1956 - -2.93%
1955 - -2.77%
1954 - -2.61%
1953 - -1.83%
1952 - 0.03%
1951 - -0.5%
1950 - -1.01%
1949 - -0.73%
1948 - -0.82%
1947 - -0.86%
1946 - -2.89%
1945 - -4.4%
1944 - -3.32%
1943 - -3.48%
1942 - -3.62%
1941 - -0.37%
1940 - -0.59%
1939 - -0.32%
1938 - -0.16%
1937 - -0.1%
1936 - -0.45%
1935 - -0.4%
1934 - -0.09%
1933 - 0%
1932 - 0.03%
1931 - -0.68%
1930 - -1.02%
1929 - -0.91%
1928 - -0.87%
1927 - -0.98%
1926 - -0.88%
1925 - -0.67%
1924 - -0.3%
1923 - -0.66%
1922 - -1.05%
1921 - -1.45%
1920 - -1.57%
1919 - -1.04%
1918 - -0.48%
1917 - -5.69%
1916 - 0.25%
1915 - -0.51%
1914 - -0.98%
1913 - -0.85%
1912 - -0.58%
1911 - -0.42%
1910 - -0.85%
1909 - -0.7%
1908 - -1.25%
1907 - -1.22%
1906 - -0.8%
1905 - -2%
1904 - -0.53%
1903 - -0.56%
1902 - -0.56%
1901 - -0.27%
1900 - -1.06%
1899 - -0.56%
1898 - -0.49%
1897 - -1.02%
1896 - -1%
1895 - -0.41%
1894 - -0.5%
1893 - -0.59%
1892 - -0.56%
1891 - -0.64%
1890 - -0.8%
1889 - -0.45%
1888 - -1.94%
1887 - -1.28%
1886 - -0.75%
1885 - -1.48%
1884 - -1.22%
1883 - -0.81%
1882 - -0.77%
1881 - -0.05%
1880 - -0.69%
1879 - -0.39%
1878 - -0.12%
1877 - -0.84%
1876 - -0.8%
1875 - -0.87%
1874 - -0.15%
1873 - -0.28%
1872 - 0.31%
1871 - 0.42%
1870 - 0.19%
1869 - 0.01%
1868 - -0.38%
1867 - -0.12%
1866 - -0.31%
1865 - 0.21%
1864 - -0.11%
1863 - -0.06%
1862 - 0.15%
1861 - -0.16%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1861–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/egypt/india | CC BY

In 2024, Egypt's government deficit, the difference between spending and revenue, was $27.7B, equivalent to 7.12% of GDP. This compares to India's deficit of $309B, or 7.9% of GDP.

Over the past 26 years, Egypt recorded a fiscal deficit in 24 of those years, while India ran a deficit in 26 years. On average, Egypt posted an annual deficit equal to 6.86% of GDP, compared to deficit of 8.35% of GDP for India.

Inflation comparison by year

Inflation
Egypt

India
1x
Year Consumer prices inflation
Egypt India
2024 28.3% 4.95%
2023 33.9% 5.65%
2022 13.9% 6.7%
2021 5.21% 5.13%
2020 5.04% 6.62%
2019 9.15% 3.73%
2018 14.4% 3.94%
2017 29.5% 3.33%
2016 13.8% 4.95%
2015 10.4% 4.91%
2014 10.1% 6.67%
2013 9.47% 10%
2012 7.11% 9.48%
2011 10.1% 8.91%
2010 11.3% 12%
2009 11.8% 10.9%
2008 18.3% 8.35%
2007 9.32% 6.37%
2006 7.64% 5.8%
2005 4.87% 4.25%
2004 11.3% 3.77%
2003 4.51% 3.81%
2002 2.74% 4.3%
2001 2.27% 3.78%
2000 2.68% 4.01%
1999 3.08% 4.67%
1998 3.87% 13.2%
1997 4.63% 7.16%

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

GeoRank.org/economy/egypt/india | CC BY

Over the past 28 years, Egypt has recorded an average annual inflation rate of 10.7%, compared with 6.33% in India. In 2024, inflation was 28.3% in Egypt and 4.95% in India.

Top exports between countries

Egypt
Export category Export value
Raw materials & minerals $213M
Textiles & consumer goods $156M
Raw agricultural goods $66.3M
Metals $35.8M
Chemicals & pharma $23M
Animal & marine products $12.6M
Processed food, beverages & tobacco $7.91M
Machinery & equipment $4.06M
Miscellaneous $40K
Wood & paper products $40K
India
Export category Export value
Animal & marine products $650M
Chemicals & pharma $636M
Machinery & equipment $543M
Raw materials & minerals $406M
Textiles & consumer goods $390M
Metals $250M
Raw agricultural goods $157M
Processed food, beverages & tobacco $135M
Wood & paper products $34M
Weapons & explosives $21.9M

Balance of trade

Egypt India
Current account balance
-$22.3B
2024
-$32.1B
2024
Current account balance ranking
184/190
2024
186/190
2024
Current account balance, % of GDP
-5.72%
2024
-0.82%
2024
Goods imports
$72.9B
2024
$727B
2024
Goods exports
$34.8B
2024
$447B
2024
Service imports
$27.5B
2024
$197B
2024
Service exports
$29.6B
2024
$375B
2024
Imports of goods and services, % of GDP
23.2%
2024
23.5%
2024
Exports of goods and services, % of GDP
16.4%
2024
21.2%
2024

Economic freedom indices

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

Egypt India
Economic freedom 50.3 52.5
Economic freedom ranking 160/197 146/197
Property rights 35.5 48.3
Government integrity 27.1 37.8
Judicial effectiveness 24 52.6
Tax burden 85.7 71.2
Government spending 83.4 75.7
Fiscal health 21.8 6.7
Business freedom 51.4 67.4
Labor freedom 43.1 59
Monetary freedom 56 70.9
Trade freedom 60.2 61
Investment freedom 65 40
Financial freedom 50 40

Economic freedom comparison by year

Egypt
India
1x
Year Economic freedom index
Egypt India
2026 50.3 52.5
2025 50.9 53
2024 49.7 52.9
2023 49.6 52.9
2022 49.1 53.9
2021 55.7 56.5
2020 54 56.5
2019 52.5 55.2
2018 53.4 54.5
2017 52.6 52.6
2016 56 56.2
2015 55.2 54.6
2014 52.9 55.7
2013 54.8 55.2
2012 57.9 54.6
2011 59.1 54.6
2010 59 53.8
2009 58 54.4
2008 58.5 54.1
2007 54.4 53.9
2006 53.2 52.2
2005 55.8 54.2
2004 55.5 51.5
2003 55.3 51.2
2002 54.1 51.2
2001 51.5 49
2000 51.7 47.4
1999 58 50.2
1998 55.8 49.7
1997 54.5 49.7
1996 52 47.4
1995 45.7 45.1

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

GeoRank.org/economy/egypt/india | CC BY

The Economic Freedom Index for Egypt is 50.3, ranking 160/197, compared to 52.5 for India, ranking 146/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Egypt India
Services, % of GDP
48.9%
2024
49.9%
2024
Industry, % of GDP
32.6%
2024
24.6%
2024
Agriculture, forestry, and fishing, % of GDP
13.7%
2024
16.3%
2024
GNI, Atlas method
$409B
2024
$3.84T
2024
GNI per capita, PPP
$18,230
2024
$11,000
2024
Total reserves including gold
$44.9B
2024
$643B
2024
Total reserves ranking
44/177
2024
5/177
2024
Net foreign direct investment
-$46.1B
2024
-$2.89B
2024
Net inflows of foreign direct investment
$46.6B
2024
$27.1B
2024
Net outflows of foreign direct investment
$508M
2024
$24.2B
2024
Servicing debt to the IMF, % of GNI
8.86%
2024
2.38%
2024
Poverty at national poverty lines
33.5%
2021
21.9%
2011
Gross capital formation, % of GDP
13%
2024
32.9%
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).

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1861–1990, 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 (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.