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Economy of El Salvador vs India compared: GDP & Debt

Updated on by Georank team

El Salvador has a GDP of $35.4B compared to $3.91T for India, ranking 105/197 and 5/197 by economy size, respectively.

El Salvador has $30.9B in government debt (87.5% of GDP), compared to $3.19T (81.6% of GDP) in India.

El Salvador vs India GDP by year

El Salvador
India
1x
Year GDP, current $
El Salvador India
2024 $35,364,960,000 $3,909,891,533,858
2023 $33,853,940,000 $3,638,489,096,034
2022 $31,870,120,000 $3,346,107,287,731
2021 $29,043,140,000 $3,167,270,623,260
2020 $24,921,190,000 $2,674,851,578,587
2019 $26,881,140,000 $2,835,606,256,558
2018 $26,020,850,000 $2,702,929,641,649
2017 $24,979,190,000 $2,651,474,262,755
2016 $24,191,430,000 $2,294,796,885,663
2015 $23,438,240,000 $2,103,588,360,045
2014 $22,593,470,000 $2,039,126,479,155
2013 $21,990,960,000 $1,856,721,507,622
2012 $21,386,150,000 $1,827,637,590,410
2011 $20,283,780,000 $1,823,051,829,895
2010 $18,447,920,000 $1,675,615,519,485
2009 $17,601,620,000 $1,341,888,016,995
2008 $17,986,890,000 $1,198,895,139,006
2007 $17,011,750,000 $1,216,736,438,835
2006 $15,999,890,000 $940,259,888,788
2005 $14,698,000,000 $820,383,763,511
2004 $13,724,810,900 $709,152,728,831
2003 $13,243,892,200 $607,700,687,237
2002 $12,664,190,300 $514,939,140,319
2001 $12,282,533,600 $485,440,139,204
2000 $11,784,927,700 $468,395,521,654
1999 $11,284,197,000 $458,821,052,616
1998 $10,936,669,900 $421,351,317,225
1997 $10,221,705,900 $415,867,563,593
1996 $9,586,327,800 $392,896,866,205
1995 $8,921,947,100 $360,281,909,643
1994 $7,679,384,000 $327,274,843,459
1993 $6,680,269,200 $279,295,648,983
1992 $5,813,399,300 $288,208,070,278
1991 $5,252,342,400 $270,105,341,879
1990 $4,817,542,204 $320,979,026,420
1989 $4,372,215,300 $296,042,052,945
1988 $4,189,880,000 $296,589,670,896
1987 $3,958,045,800 $279,033,584,092
1986 $3,771,663,200 $248,985,994,041
1985 $3,800,368,600 $232,511,554,840
1984 $3,661,683,400 $212,157,645,178
1983 $3,506,347,800 $218,262,146,413
1982 $3,399,189,100 $200,715,624,831
1981 $3,437,200,200 $193,491,368,446
1980 $3,573,959,900 $186,328,579,302
1979 $3,463,639,900 $152,995,442,498
1978 $3,127,960,000 $137,302,319,829
1977 $2,941,640,100 $121,486,641,441
1976 $2,328,280,100 $102,716,451,980
1975 $1,884,120,100 $98,473,832,017
1974 $1,665,880,000 $99,526,597,934
1973 $1,442,320,000 $85,517,673,173
1972 $1,263,720,000 $71,464,700,667
1971 $1,186,120,000 $67,351,404,352
1970 $1,132,920,000 $62,422,483,055
1969 $1,049,400,000 $58,447,995,017
1968 $1,009,760,100 $53,085,455,871
1967 $976,200,000 $50,134,942,204
1966 $929,520,000 $45,581,230,504
1965 $877,720,000 $59,556,105,229
1964 - $56,480,289,941
1963 - $48,421,923,459
1962 - $42,161,481,858
1961 - $39,232,435,784
1960 - $37,029,883,876

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

GeoRank.org/economy/el-salvador/india | CC BY

GDP per capita in El Salvador vs India by year

El Salvador
GDP per capita

GDP per capita, PPP
India
GDP per capita

GDP per capita, PPP
1x
Year Current $
El Salvador India
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,580 $13,264 $2,695 $11,160
2023 $5,365 $12,680 $2,530 $10,323
2022 $5,075 $11,876 $2,347 $9,207
2021 $4,643 $10,810 $2,240 $8,050
2020 $3,997 $9,393 $1,907 $6,966
2019 $4,320 $9,757 $2,041 $7,151
2018 $4,184 $9,204 $1,966 $6,715
2017 $4,020 $8,965 $1,950 $6,145
2016 $3,901 $8,456 $1,708 $5,800
2015 $3,790 $7,934 $1,584 $5,425
2014 $3,666 $7,504 $1,554 $5,192
2013 $3,582 $7,093 $1,433 $5,014
2012 $3,498 $6,708 $1,429 $4,820
2011 $3,331 $6,594 $1,445 $4,455
2010 $3,040 $6,248 $1,348 $4,206
2009 $2,910 $6,063 $1,095 $3,887
2008 $2,983 $6,175 $993 $3,633
2007 $2,831 $5,949 $1,022 $3,508
2006 $2,666 $5,695 $802 $3,221
2005 $2,447 $5,292 $710 $2,937
2004 $2,286 $4,998 $624 $2,682
2003 $2,208 $4,829 $544 $2,461
2002 $2,115 $4,672 $469 $2,277
2001 $2,058 $4,543 $450 $2,200
2000 $1,983 $4,422 $443 $2,091
1999 $1,908 $4,298 $442 $2,006
1998 $1,860 $4,171 $414 $1,852
1997 $1,749 $4,043 $416 $1,759
1996 $1,651 $3,880 $401 $1,695
1995 $1,548 $3,808 $375 $1,579
1994 $1,344 $3,591 $348 $1,467
1993 $1,180 $3,390 $303 $1,374
1992 $1,041 $3,171 $319 $1,309
1991 $956 $2,945 $306 $1,239
1990 $892 $2,856 $371 $1,212
1989 $825 - $350 -
1988 $806 - $358 -
1987 $777 - $345 -
1986 $755 - $315 -
1985 $776 - $301 -
1984 $763 - $281 -
1983 $745 - $296 -
1982 $735 - $278.7 -
1981 $752 - $275 -
1980 $787 - $271.1 -
1979 $773 - $228 -
1978 $712 - $209.4 -
1977 $684 - $189.6 -
1976 $553 - $164.1 -
1975 $457 - $161.1 -
1974 $413 - $166.7 -
1973 $366 - $146.6 -
1972 $329 - $125.3 -
1971 $316 - $120.7 -
1970 $309 - $114.4 -
1969 $293.4 - $109.5 -
1968 $290.1 - $101.6 -
1967 $288.4 - $98 -
1966 $282.4 - $91 -
1965 $274.3 - $121.5 -
1964 - - $117.9 -
1963 - - $103.4 -
1962 - - $92.2 -
1961 - - $87.9 -
1960 - - $84.9 -

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

GeoRank.org/economy/el-salvador/india | CC BY

El Salvador's GDP per capita is $5,580, ranking 116/197, compared to $2,695 in India, ranking 143/197. Adjusted for purchasing power (GDP per capita PPP), El Salvador ranks 120th at $13,264, while India ranks 130th at $11,160.

Economic indicators

El Salvador India
Gross domestic product
$35.4B
2024
$3.91T
2024
GDP rank
105/197
2024
5/197
2024
GDP growth
2.6%
2023-2024
6.49%
2023-2024
GDP per capita
$5,580
2024
$2,695
2024
GDP per capita rank
116/197
2024
143/197
2024
GDP per capita, PPP
$13,264
2024
$11,160
2024
GDP per capita PPP rank
120/197
2024
130/197
2024
Government debt
$30.9B
2024
$3.19T
2024
Debt-to-GDP ratio
87.5%
2024
81.6%
2024
Government debt per person
$4,883
2024
$2,200
2024
Government debt per person rank
81/185
2024
118/185
2024
Average annual personal income after taxes
$4,768
2026
$4,596
2026
Market capitalization of domestic companies n/a
$5.13T
2024
Number of millionaires n/a
917,000
2025
Number of billionaires n/a
205
2025
Income share by richest 10%
29.7%
2023
22.1%
2022
Income share by poorest 10%
1.9%
2023
4.5%
2022
Government expenditure, % of GDP
31.4%
2024
28.4%
2024
Consumer prices inflation
0.85%
2023-2024
4.95%
2023-2024
Central bank interest rate n/a
5.25%
2025
Unemployment rate
2.71%
2024
4.17%
2024
Population
6399793
1480351380

Spending and national debt comparison by year

El Salvador
Spending

Debt
India
Spending

Debt
1x
Year % of GDP
El Salvador India
Government spending Government debt Government spending Government debt
2024 31.4% 87.5% 28.4% 81.6%
2023 30.5% 85.1% 27.9% 80.7%
2022 28.7% 83.7% 29.1% 82.2%
2021 31.1% 88% 29.9% 83.5%
2020 32.7% 95.4% 31% 88.4%
2019 27.8% 77.9% 26.8% 75.1%
2018 27.6% 77% 26.3% 70.4%
2017 28.1% 77.1% 26.2% 69.7%
2016 27.5% 75.2% 27.2% 68.9%
2015 27.1% 73.5% 27.1% 69%
2014 27.6% 71.8% 26.2% 67.1%
2013 28.5% 69.7% 26.6% 67.7%
2012 27.4% 70% 27.4% 68%
2011 25.3% 65.6% 27.6% 68.7%
2010 25.6% 66.8% 28% 67.7%
2009 26% 65.8% 28.5% 72.7%
2008 24.5% 54.2% 29.3% 74.3%
2007 22.8% 52.2% 26.9% 75.4%
2006 23.4% 52.6% 26.9% 77.9%
2005 22.4% 46.3% 26.9% 82.4%
2004 21.5% 46.8% 28.4% 84.9%
2003 22.6% 46% 29.9% 85.9%
2002 22.5% 43.8% 29.1% 84.3%
2001 21.7% 37.8% 28.3% 80.1%
2000 21% 29.6% 26.1% 74.9%
1999 19.7% 28% 25.8% 71.3%
1998 19.3% 25.7% 26% 69.3%
1997 18.6% 27.8% 25.2% 69%
1996 21% 28.5% 24.4% 67.1%
1995 18.6% 28% 25% 70.9%
1994 18.9% 30.5% 26.2% 74.8%
1993 18.5% 31.9% 26.2% 78.3%
1992 20.8% 36.4% 26.7% 78.8%
1991 18.5% 43.3% 27.3% 76.7%
1990 15.9% - 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/el-salvador/india | CC BY

In 2024, El Salvador's government spending was $11.1B, accounting for 31.4% of its GDP, while India spent $1.11T, or 28.4% of GDP.

Debt-to-GDP ratio is 87.5% in El Salvador and 81.6% in India, ranking 36/185 and 43/185, respectively.

Government deficit by year

Deficit/surplus
El Salvador

India
1x
Year Deficit/surplus, % of GDP
El Salvador India
2024 -4.55% -7.9%
2023 -4.69% -7.4%
2022 -2.68% -8.97%
2021 -5.53% -9.45%
2020 -8.18% -12.9%
2019 -3.07% -7.69%
2018 -2.71% -6.34%
2017 -2.53% -6.23%
2016 -3.1% -7.12%
2015 -3.63% -7.21%
2014 -4.02% -7.07%
2013 -4.46% -7%
2012 -3.81% -7.55%
2011 -4.47% -8.35%
2010 -4.97% -8.79%
2009 -6.65% -9.7%
2008 -3.8% -9.17%
2007 -2.32% -4.59%
2006 -3.42% -6.38%
2005 -3.47% -7.49%
2004 -2.76% -9.22%
2003 -4.23% -11.4%
2002 -5.5% -11.1%
2001 -4.95% -11%
2000 -3.45% -8.41%
1999 -3.08% -8.7%
1998 -2.94% -9.74%
1997 -1.97% -8.28%
1996 -2.7% -6.71%
1995 -0.18% -6.81%
1994 -0.94% -8%
1993 -1.42% -8.57%
1992 -4.29% -7.89%
1991 -2.3% -7.9%
1990 -0.61% -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/el-salvador/india | CC BY

In 2024, El Salvador's government deficit, the difference between spending and revenue, was $1.61B, equivalent to 4.55% of GDP. This compares to India's deficit of $309B, or 7.9% of GDP.

Over the past 35 years, El Salvador recorded a fiscal deficit in 35 of those years, while India ran a deficit in 35 years. On average, El Salvador posted an annual deficit equal to 3.52% of GDP, compared to deficit of 8.26% of GDP for India.

Inflation comparison by year

Inflation
El Salvador

India
1x
Year Consumer prices inflation
El Salvador India
2024 0.85% 4.95%
2023 4.05% 5.65%
2022 7.2% 6.7%
2021 3.47% 5.13%
2020 -0.37% 6.62%
2019 0.08% 3.73%
2018 1.09% 3.94%
2017 1.01% 3.33%
2016 0.6% 4.95%
2015 -0.73% 4.91%
2014 1.14% 6.67%
2013 0.76% 10%
2012 1.73% 9.48%
2011 5.13% 8.91%
2010 1.18% 12%
2009 1.06% 10.9%
2008 6.71% 8.35%
2007 4.58% 6.37%
2006 4.04% 5.8%
2005 4.69% 4.25%
2004 4.45% 3.77%
2003 2.12% 3.81%
2002 1.87% 4.3%
2001 3.75% 3.78%
2000 2.27% 4.01%
1999 0.51% 4.67%
1998 2.55% 13.2%
1997 4.49% 7.16%

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

GeoRank.org/economy/el-salvador/india | CC BY

Over the past 28 years, El Salvador has recorded an average annual inflation rate of 2.51%, compared with 6.33% in India. In 2024, inflation was 0.85% in El Salvador and 4.95% in India.

Top exports between countries

El Salvador
Export category Export value
Wood & paper products $1.24M
Metals $795K
Machinery & equipment $559K
Raw agricultural goods $197K
Raw materials & minerals $179K
Textiles & consumer goods $178K
Chemicals & pharma $143K
Miscellaneous $8K
India
Export category Export value
Machinery & equipment $60.1M
Chemicals & pharma $48.3M
Textiles & consumer goods $22.5M
Metals $8.84M
Raw materials & minerals $4.43M
Raw agricultural goods $1.88M
Processed food, beverages & tobacco $1.19M
Wood & paper products $821K
Weapons & explosives $271K
Miscellaneous $217K

Balance of trade

El Salvador India
Current account balance
-$633M
2024
-$32.1B
2024
Current account balance ranking
110/190
2024
186/190
2024
Current account balance, % of GDP
-1.79%
2024
-0.82%
2024
Goods imports
$15.1B
2024
$727B
2024
Goods exports
$5.59B
2024
$447B
2024
Service imports
$3.26B
2024
$197B
2024
Service exports
$6B
2024
$375B
2024
Imports of goods and services, % of GDP
51.9%
2024
23.5%
2024
Exports of goods and services, % of GDP
32.8%
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.

El Salvador India
Economic freedom 57.7 52.5
Economic freedom ranking 114/197 146/197
Property rights 42.7 48.3
Government integrity 31.5 37.8
Judicial effectiveness 15.3 52.6
Tax burden 76.8 71.2
Government spending 72.7 75.7
Fiscal health 59.4 6.7
Business freedom 65.7 67.4
Labor freedom 51.6 59
Monetary freedom 70.6 70.9
Trade freedom 76.4 61
Investment freedom 70 40
Financial freedom 60 40

Economic freedom comparison by year

El Salvador
India
1x
Year Economic freedom index
El Salvador India
2026 57.7 52.5
2025 56.6 53
2024 54.4 52.9
2023 56 52.9
2022 59.6 53.9
2021 61 56.5
2020 61.6 56.5
2019 61.8 55.2
2018 63.2 54.5
2017 64.1 52.6
2016 65.1 56.2
2015 65.7 54.6
2014 66.2 55.7
2013 66.7 55.2
2012 68.7 54.6
2011 68.8 54.6
2010 69.9 53.8
2009 69.8 54.4
2008 68.5 54.1
2007 68.9 53.9
2006 69.6 52.2
2005 71.5 54.2
2004 71.2 51.5
2003 71.5 51.2
2002 73 51.2
2001 73 49
2000 76.3 47.4
1999 75.1 50.2
1998 70.2 49.7
1997 70.5 49.7
1996 70.1 47.4
1995 69.1 45.1

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

GeoRank.org/economy/el-salvador/india | CC BY

The Economic Freedom Index for El Salvador is 57.7, ranking 114/197, 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

El Salvador India
Services, % of GDP
61%
2024
49.9%
2024
Industry, % of GDP
22.4%
2024
24.6%
2024
Agriculture, forestry, and fishing, % of GDP
4.38%
2024
16.3%
2024
GNI, Atlas method
$32.5B
2024
$3.84T
2024
GNI per capita, PPP
$12,420
2024
$11,000
2024
Total reserves including gold
$3.7B
2024
$643B
2024
Total reserves ranking
110/177
2024
5/177
2024
Net foreign direct investment
-$636M
2024
-$2.89B
2024
Net inflows of foreign direct investment
$924M
2024
$27.1B
2024
Net outflows of foreign direct investment
$288M
2024
$24.2B
2024
Servicing debt to the IMF, % of GNI
35%
2024
2.38%
2024
Poverty at national poverty lines
27.2%
2023
21.9%
2011
Gross capital formation, % of GDP
20.3%
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 (2022–2024, 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.