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Economy of Equatorial Guinea vs Japan compared: GDP & Debt

Updated on by Georank

Equatorial Guinea has a GDP of $12.8B compared to $4.44T for Japan, ranking 150/197 and 4/197 by economy size, respectively.

Equatorial Guinea has $5.21B in government debt (40.6% of GDP), compared to $9.16T (206.5% of GDP) in Japan.

Equatorial Guinea vs Japan GDP by year

Equatorial Guinea
Japan
1x
Year GDP, current $
Equatorial Guinea Japan
2025 $12,823,210,426 $4,435,162,999,977
2024 $13,254,388,261 $4,190,008,188,359
2023 $12,541,814,273 $4,384,854,269,962
2022 $13,687,643,436 $4,447,976,207,315
2021 $12,215,878,033 $5,225,933,520,753
2020 $9,893,816,008 $5,189,197,543,645
2019 $11,364,133,550 $5,245,755,000,479
2018 $13,097,012,134 $5,154,293,721,630
2017 $12,200,913,879 $5,038,231,631,661
2016 $11,240,808,848 $5,110,357,383,254
2015 $13,185,496,881 $4,534,438,580,495
2014 $21,765,453,082 $4,985,763,289,561
2013 $21,948,834,284 $5,272,297,037,397
2012 $22,388,344,144 $6,333,803,928,788
2011 $21,357,343,669 $6,279,422,550,219
2010 $16,314,443,436 $5,811,578,109,447
2009 $15,027,795,173 $5,336,765,697,589
2008 $19,749,893,536 $5,160,197,175,876
2007 $13,071,718,759 $4,624,670,179,655
2006 $10,086,528,699 $4,648,058,930,707
2005 $8,217,369,093 $4,875,648,486,366
2004 $4,410,764,339 $4,941,485,123,807
2003 $2,484,745,935 $4,573,413,206,709
2002 $1,806,742,742 $4,245,946,980,572
2001 $1,461,139,022 $4,438,792,748,062
2000 $1,045,998,496 $5,042,381,838,343
1999 $621,117,886 $4,688,983,449,627
1998 $370,687,634 $4,150,359,076,370
1997 $442,337,871 $4,579,780,793,432
1996 $232,463,023 $5,021,441,618,840
1995 $141,853,361 $5,639,649,753,986
1994 $100,807,003 $5,104,063,486,348
1993 $136,047,906 $4,632,480,515,091
1992 $134,707,184 $4,064,529,567,505
1991 $110,906,029 $3,724,887,648,862
1990 $112,119,411 $3,252,994,239,867
1989 $88,265,975 $3,174,934,735,896
1988 $100,534,657 $3,191,546,727,316
1987 $93,345,860 $2,635,094,473,494
1986 $76,407,396 $2,164,729,071,349
1985 $62,118,570 $1,457,070,301,468
1984 $50,320,914 $1,374,165,212,365
1983 $44,442,457 $1,297,622,008,229
1982 $44,294,648 $1,183,132,285,328
1981 $36,731,423 $1,271,443,597,067
1980 $50,642,881 $1,153,159,955,513
1979 - $1,100,608,979,757
1978 - $1,057,419,758,047
1977 $103,987,520 $752,590,681,822
1976 $103,653,050 $611,495,350,304
1975 $104,295,643 $544,082,569,364
1974 $94,159,863 $500,355,087,138
1973 $81,203,227 $450,756,970,744
1972 $65,429,198 $331,776,379,992
1971 $64,946,955 $250,530,994,765
1970 $66,331,429 $221,798,003,144
1969 $67,225,714 $188,179,852,753
1968 $67,514,286 $160,201,483,788
1967 $72,317,447 $135,265,319,098
1966 $69,110,000 $115,427,351,851
1965 $64,748,333 $99,387,878,008
1964 $51,915,000 $89,332,989,729
1963 $44,266,667 $75,945,582,324
1962 $37,253,333 $66,356,388,224
1961 - $58,472,696,006
1960 - $48,417,804,545

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

GeoRank.org/economy/equatorial-guinea/japan | CC BY

GDP per capita in Equatorial Guinea vs Japan by year

Equatorial Guinea
GDP per capita

GDP per capita, PPP
Japan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Equatorial Guinea Japan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,615 - $35,951 -
2024 $7,004 $17,567 $33,797 $52,039
2023 $6,788 $17,412 $35,215 $50,662
2022 $7,589 $18,140 $35,548 $47,192
2021 $6,946 $16,821 $41,581 $44,355
2020 $5,764 $13,677 $41,099 $42,426
2019 $6,804 $16,451 $41,425 $42,678
2018 $8,102 $18,413 $40,645 $42,142
2017 $7,809 $18,435 $39,680 $41,444
2016 $7,453 $16,649 $40,215 $40,597
2015 $9,069 $19,479 $35,665 $40,899
2014 $15,549 $27,177 $39,173 $39,555
2013 $16,304 $27,910 $41,369 $39,402
2012 $17,309 $30,012 $49,627 $37,606
2011 $17,198 $27,242 $49,122 $36,214
2010 $13,720 $26,168 $45,378 $35,336
2009 $13,233 $29,722 $41,678 $33,543
2008 $18,211 $30,523 $40,294 $35,274
2007 $12,617 $26,611 $36,130 $35,015
2006 $10,185 $23,511 $36,354 $33,632
2005 $8,674 $22,137 $38,159 $32,170
2004 $4,901 $19,354 $38,678 $30,832
2003 $2,931 $14,496 $35,809 $29,392
2002 $2,264 $13,255 $33,316 $28,624
2001 $1,949 $11,627 $34,910 $27,943
2000 $1,487 $7,420 $39,753 $27,288
1999 $931 $6,470 $37,029 $25,736
1998 $578 $5,280 $32,835 $25,508
1997 $717 $4,387 $36,331 $25,619
1996 $392 $1,793 $39,930 $24,999
1995 $248.3 $1,098 $44,947 $23,858
1994 $183.2 $951 $40,774 $22,823
1993 $256.7 $828 $37,111 $22,168
1992 $263.7 $756 $32,667 $21,825
1991 $225.3 $569 $30,048 $21,227
1990 $236.4 $577 $26,345 $19,912
1989 $193.2 - $25,798 -
1988 $228.7 - $26,037 -
1987 $220.9 - $21,587 -
1986 $188.8 - $17,819 -
1985 $161.1 - $12,058 -
1984 $137.9 - $11,443 -
1983 $129.4 - $10,876 -
1982 $137.5 - $9,986 -
1981 $121.1 - $10,806 -
1980 $175.5 - $9,872 -
1979 - - $9,497 -
1978 - - $9,202 -
1977 $376 - $6,609 -
1976 $369 - $5,422 -
1975 $362 - $4,876 -
1974 $319 - $4,542 -
1973 $268.6 - $4,147 -
1972 $211.4 - $3,095 -
1971 $205.6 - $2,370 -
1970 $206.8 - $2,145 -
1969 $208.4 - $1,841 -
1968 $211.7 - $1,586 -
1967 $231.9 - $1,354 -
1966 $226.7 - $1,168 -
1965 $217.1 - $1,015 -
1964 $177.8 - $922 -
1963 $154.8 - $792 -
1962 $132.9 - $699 -
1961 - - $622 -
1960 - - $519 -

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

GeoRank.org/economy/equatorial-guinea/japan | CC BY

Equatorial Guinea's GDP per capita is $6,615, ranking 107/197, compared to $35,951 in Japan, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Equatorial Guinea ranks 106th at $17,567, while Japan ranks 41st at $52,039.

Economic indicators

Equatorial Guinea Japan
Gross domestic product
$12.8B
2025
$4.44T
2025
GDP rank
150/197
2025
4/197
2025
GDP growth
-5.85%
2024-2025
1.19%
2024-2025
GDP per capita
$6,615
2025
$35,951
2025
GDP per capita rank
107/197
2025
34/197
2025
GDP per capita, PPP
$17,567
2024
$52,039
2024
GDP per capita PPP rank
106/197
2024
41/197
2024
Government debt
$5.21B
2025
$9.16T
2025
Debt-to-GDP ratio
40.6%
2025
206.5%
2025
Government debt per person
$2,686
2025
$74,248
2025
Government debt per person rank
109/185
2025
3/185
2025
Average annual personal income after taxes
$4,723
2026
$22,962
2026
Market capitalization of domestic companies n/a
$7.61T
2025
Number of millionaires n/a
2,902,000
2026
Number of billionaires n/a
41
2026
Income share by richest 10%
29.1%
2022
24.3%
2020
Income share by poorest 10%
2.6%
2022
2.3%
2020
Government expenditure, % of GDP
20.7%
2025
36.9%
2025
Consumer prices inflation
2.8%
2024-2025
3.17%
2024-2025
Central bank interest rate n/a
0.75%
2025
Unemployment rate
8.6%
2014
2.5%
2025
Population
2008950
122704252

Spending and national debt comparison by year

Equatorial Guinea
Spending

Debt
Japan
Spending

Debt
1x
Year % of GDP
Equatorial Guinea Japan
Government spending Government debt Government spending Government debt
2025 20.7% 40.6% 36.9% 206.5%
2024 18.5% 36.4% 37.3% 214.5%
2023 19.2% 39.1% 37.8% 220.3%
2022 14.8% 29.8% 40.2% 227.8%
2021 12.7% 42.3% 41.3% 222.7%
2020 16.2% 49.4% 43.6% 228.8%
2019 16.8% 43.2% 36.4% 206.3%
2018 19.1% 40.6% 36% 203.7%
2017 20.1% 36.2% 35.9% 203.1%
2016 27.8% 41.1% 36.5% 202.1%
2015 41.6% 31.7% 36.6% 200.1%
2014 31.6% 12.6% 37.8% 203.6%
2013 29.3% 6.27% 38.4% 201.2%
2012 35.2% 7.1% 38.4% 197.1%
2011 27.5% 7.17% 38.4% 190.6%
2010 31.2% 7.89% 37.4% 178.6%
2009 39.8% 4.34% 38.3% 172.9%
2008 19.9% 0.49% 33.7% 153.6%
2007 19.7% 0.75% 32.8% 150.4%
2006 18.1% 1.22% 32.7% 152.1%
2005 14.1% 2.85% 33.2% 153.4%
2004 15.5% 4.54% 33.3% 148.8%
2003 11.8% 6.77% 34.6% 140.2%
2002 11.3% 19.4% 34.9% 134.6%
2001 13.5% 25.5% 34.7% 126.8%
2000 22.6% 36.6% 35.4% 118.5%
1999 18.7% 60.5% 35.2% 113.5%
1998 35.1% 59.2% 38.1% 101.6%
1997 14.8% 46.3% 32.4% 91.3%
1996 22.9% 91.2% 33.1% 85.3%
1995 141.5% 136.9% 32.8% 80.7%
1994 510% 216% 32.1% 73.3%
1993 256.3% 152.6% 31.4% 63.2%
1992 595% 136.9% 29.6% 57.9%
1991 284.5% 169.5% 28.6% 54.1%
1990 212.9% 157% 28.8% 54.8%
1989 116.8% 187% 29.2% 65.7%
1988 227.9% 154.5% 29.9% 71.9%
1987 183% 141.3% 30.6% 75.8%
1986 119% 152.5% 30.4% 74.1%
1985 115.4% 183.8% 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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/equatorial-guinea/japan | CC BY

In 2025, Equatorial Guinea's government spending was $2.65B, accounting for 20.7% of its GDP, while Japan spent $1.63T, or 36.9% of GDP.

Debt-to-GDP ratio is 40.6% in Equatorial Guinea and 206.5% in Japan, ranking 132/185 and 3/185, respectively.

Government deficit by year

Deficit/surplus
Equatorial Guinea

Japan
1x
Year Deficit/surplus, % of GDP
Equatorial Guinea Japan
2025 -2.55% -1.05%
2024 -0.55% -1.67%
2023 2.39% -2.39%
2022 11.7% -4.23%
2021 2.65% -6.32%
2020 -1.77% -9.04%
2019 1.82% -3.05%
2018 0.52% -2.44%
2017 -2.59% -3.05%
2016 -10.9% -3.58%
2015 -15.1% -3.64%
2014 -7.54% -5.58%
2013 -4.4% -7.62%
2012 -7.24% -8.22%
2011 0.83% -9.02%
2010 -4.53% -9.05%
2009 -6.47% -9.62%
2008 14.6% -4.07%
2007 17.2% -2.86%
2006 21.8% -3%
2005 18.5% -4.39%
2004 9.22% -5.26%
2003 9.99% -7.35%
2002 17.6% -7.22%
2001 14.9% -6.11%
2000 -2.67% -7.17%
1999 -0.19% -6.68%
1998 -7.65% -9.91%
1997 3.21% -3.44%
1996 -6.36% -4.75%
1995 -123.4% -4.22%
1994 -487% -3.7%
1993 -217.9% -2.34%
1992 -557% 0.56%
1991 -236% 1.64%
1990 -160.2% 1.91%
1989 -76.2% 1.23%
1988 -208.5% 0.49%
1987 -158% -0.36%
1986 -97.3% -1.36%
1985 -89.3% -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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/equatorial-guinea/japan | CC BY

In 2025, Equatorial Guinea's government deficit, the difference between spending and revenue, was $327M, equivalent to 2.55% of GDP. This compares to Japan's deficit of $46.7B, or 1.05% of GDP.

Over the past 41 years, Equatorial Guinea recorded a fiscal deficit in 26 of those years, while Japan ran a deficit in 36 years. On average, Equatorial Guinea posted an annual deficit equal to 57.2% of GDP, compared to deficit of 4.13% of GDP for Japan.

Inflation comparison by year

Inflation
Equatorial Guinea

Japan
1x
Year Consumer prices inflation
Equatorial Guinea Japan
2025 2.8% 3.17%
2024 3.4% 2.74%
2023 2.4% 3.27%
2022 4.9% 2.5%
2021 -0.1% -0.23%
2020 4.8% -0.02%
2019 1.2% 0.47%
2018 1.3% 0.99%
2017 0.7% 0.48%
2016 1.4% -0.13%
2015 1.7% 0.8%
2014 4.3% 2.76%
2013 3.2% 0.34%
2012 3.4% -0.04%
2011 4.8% -0.27%
2010 5.3% -0.73%
2009 5.7% -1.35%
2008 4.7% 1.38%
2007 2.8% 0.06%
2006 4.5% 0.25%
2005 5.6% -0.28%
2004 4.2% -0.009%
2003 7.3% -0.26%
2002 7.6% -0.92%
2001 8.7% -0.74%
2000 4.8% -0.68%
1999 0.4% -0.34%
1998 7.9% 0.66%
1997 3% 1.75%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/equatorial-guinea/japan | CC BY

Over the past 29 years, Equatorial Guinea has recorded an average annual inflation rate of 3.89%, compared with 0.54% in Japan. In 2025, inflation was 2.8% in Equatorial Guinea and 3.17% in Japan.

Top exports between countries

Equatorial Guinea
Export category Export value
Raw materials & minerals $122M
Japan
Export category Export value
Machinery & equipment $1.37M
Chemicals & pharma $776K
Metals $65K
Miscellaneous $53K
Raw materials & minerals $12K
Textiles & consumer goods $12K
Wood & paper products $7K

Balance of trade

Equatorial Guinea Japan
Current account balance
-$344M
1996
$216B
2025
Current account balance ranking
98/190
1996
3/190
2025
Current account balance, % of GDP
-148%
1996
+4.86%
2025
Goods imports
$292M
1996
$729B
2025
Goods exports
$175M
1996
$725B
2025
Service imports
$185M
1996
$269B
2025
Service exports
$4.88M
1996
$246B
2025
Imports of goods and services, % of GDP
28.4%
2025
22.9%
2024
Exports of goods and services, % of GDP
46.5%
2025
22%
2024

Economic freedom indices

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

Equatorial Guinea Japan
Economic freedom 47.4 70.3
Economic freedom ranking 175/197 36/197
Property rights 16.9 94.2
Government integrity 6.9 81.1
Judicial effectiveness 7.2 97.9
Tax burden 81 63
Government spending 90.8 52
Fiscal health 97.3 41.7
Business freedom 35.9 77.8
Labor freedom 45.2 65.9
Monetary freedom 73.5 74.3
Trade freedom 43.6 76.2
Investment freedom 40 60
Financial freedom 30 60

Economic freedom comparison by year

Equatorial Guinea
Japan
1x
Year Economic freedom index
Equatorial Guinea Japan
2026 47.4 70.3
2025 47.7 70.2
2024 47.7 67.5
2023 48.3 69.3
2022 47.2 69.9
2021 49.2 74.1
2020 48.3 73.3
2019 41 72.1
2018 42 72.3
2017 45 69.6
2016 43.7 73.1
2015 40.4 73.3
2014 44.4 72.4
2013 42.3 71.8
2012 42.8 71.6
2011 47.5 72.8
2010 48.6 72.9
2009 51.3 72.8
2008 51.6 73
2007 53.2 72.7
2006 51.5 73.3
2005 53.3 67.3
2004 53.3 64.3
2003 53.1 67.6
2002 46.4 66.7
2001 47.9 70.9
2000 45.6 70.7
1999 45.1 69.1
1998 - 70.2
1997 - 70.3
1996 - 72.6
1995 - 75

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

GeoRank.org/economy/equatorial-guinea/japan | CC BY

The Economic Freedom Index for Equatorial Guinea is 47.4, ranking 175/197, 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

Equatorial Guinea Japan
Services, % of GDP
55.5%
2025
71.4%
2024
Industry, % of GDP
41.4%
2025
26.8%
2024
Agriculture, forestry, and fishing, % of GDP
3.21%
2025
0.96%
2024
GNI, Atlas method
$11.4B
2025
$4.73T
2025
GNI per capita, PPP
$14,610
2025
$58,920
2025
Total reserves including gold
$1.08B
2024
$1.37T
2025
Total reserves ranking
141/177
2024
3/177
2025
Net foreign direct investment
-$376M
1996
$172B
2025
Net inflows of foreign direct investment
$188M
2024
$18.9B
2024
Net outflows of foreign direct investment
$154M
2024
$207B
2024
Poverty at national poverty lines
50.7%
2022
16.1%
2020
Gross capital formation, % of GDP
-3.68%
2025
27.7%
2024

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/equatorial-guinea/japan | 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 (1875–1989, 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 (2021–2025, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2014–2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. 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.

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.