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Economy of Equatorial Guinea vs Mexico compared: GDP & Debt

Updated on by Georank

Equatorial Guinea has a GDP of $12.8B compared to $1.83T for Mexico, ranking 150/197 and 14/197 by economy size, respectively.

Equatorial Guinea has $5.21B in government debt (40.6% of GDP), compared to $1.13T (61.8% of GDP) in Mexico.

Equatorial Guinea vs Mexico GDP by year

Equatorial Guinea
Mexico
1x
Year GDP, current $
Equatorial Guinea Mexico
2025 $12,823,210,426 $1,832,641,364,776
2024 $13,254,388,261 $1,830,489,311,089
2023 $12,541,814,273 $1,794,410,347,718
2022 $13,687,643,436 $1,466,934,724,243
2021 $12,215,878,033 $1,316,569,466,834
2020 $9,893,816,008 $1,121,064,767,169
2019 $11,364,133,550 $1,304,106,204,006
2018 $13,097,012,134 $1,256,300,182,984
2017 $12,200,913,879 $1,190,721,475,853
2016 $11,240,808,848 $1,112,233,497,453
2015 $13,185,496,881 $1,213,294,467,654
2014 $21,765,453,082 $1,364,507,717,689
2013 $21,948,834,284 $1,327,436,290,439
2012 $22,388,344,144 $1,255,110,424,742
2011 $21,357,343,669 $1,229,013,703,417
2010 $16,314,443,436 $1,105,424,238,652
2009 $15,027,795,173 $943,437,414,951
2008 $19,749,893,536 $1,161,553,459,985
2007 $13,071,718,759 $1,102,355,554,880
2006 $10,086,528,699 $1,020,265,057,882
2005 $8,217,369,093 $917,571,853,437
2004 $4,410,764,339 $819,459,227,375
2003 $2,484,745,935 $765,549,967,889
2002 $1,806,742,742 $810,666,116,402
2001 $1,461,139,022 $796,064,590,549
2000 $1,045,998,496 $742,061,329,749
1999 $621,117,886 $631,249,359,702
1998 $370,687,634 $557,461,102,631
1997 $442,337,871 $523,449,530,464
1996 $232,463,023 $432,157,945,024
1995 $141,853,361 $380,157,469,867
1994 $100,807,003 $553,618,247,901
1993 $136,047,906 $530,160,763,663
1992 $134,707,184 $363,157,832,924
1991 $110,906,029 $313,139,656,146
1990 $112,119,411 $261,253,675,693
1989 $88,265,975 $221,403,098,267
1988 $100,534,657 $181,611,150,497
1987 $93,345,860 $147,542,558,209
1986 $76,407,396 $134,556,034,673
1985 $62,118,570 $195,241,069,482
1984 $50,320,914 $184,230,754,105
1983 $44,442,457 $156,167,000,433
1982 $44,294,648 $184,602,611,610
1981 $36,731,423 $263,797,827,860
1980 $50,642,881 $205,577,055,466
1979 - $134,531,900,899
1978 - $102,648,570,299
1977 $103,987,520 $81,912,018,784
1976 $103,653,050 $88,875,923,765
1975 $104,295,643 $88,000,000,000
1974 $94,159,863 $72,000,000,000
1973 $81,203,227 $55,280,000,000
1972 $65,429,198 $45,200,000,000
1971 $64,946,955 $39,200,000,000
1970 $66,331,429 $35,520,000,000
1969 $67,225,714 $32,480,000,000
1968 $67,514,286 $29,360,000,000
1967 $72,317,447 $26,560,000,000
1966 $69,110,000 $24,320,000,000
1965 $64,748,333 $21,840,000,000
1964 $51,915,000 $20,080,000,000
1963 $44,266,667 $16,960,000,000
1962 $37,253,333 $15,200,000,000
1961 - $14,160,000,000
1960 - $13,040,000,000

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

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

GDP per capita in Equatorial Guinea vs Mexico by year

Equatorial Guinea
GDP per capita

GDP per capita, PPP
Mexico
GDP per capita

GDP per capita, PPP
1x
Year Current $
Equatorial Guinea Mexico
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,615 - $13,889 -
2024 $7,004 $17,567 $13,988 $26,185
2023 $6,788 $17,412 $13,831 $25,243
2022 $7,589 $18,140 $11,406 $23,135
2021 $6,946 $16,821 $10,314 $20,783
2020 $5,764 $13,677 $8,841 $19,354
2019 $6,804 $16,451 $10,370 $20,964
2018 $8,102 $18,413 $10,085 $20,921
2017 $7,809 $18,435 $9,649 $20,489
2016 $7,453 $16,649 $9,098 $20,105
2015 $9,069 $19,479 $10,021 $19,071
2014 $15,549 $27,177 $11,391 $18,821
2013 $16,304 $27,910 $11,217 $18,170
2012 $17,309 $30,012 $10,744 $18,005
2011 $17,198 $27,242 $10,664 $17,267
2010 $13,720 $26,168 $9,729 $15,909
2009 $13,233 $29,722 $8,424 $15,191
2008 $18,211 $30,523 $10,524 $15,681
2007 $12,617 $26,611 $10,134 $15,032
2006 $10,185 $23,511 $9,513 $14,540
2005 $8,674 $22,137 $8,672 $13,260
2004 $4,901 $19,354 $7,850 $12,658
2003 $2,931 $14,496 $7,434 $12,066
2002 $2,264 $13,255 $7,983 $11,762
2001 $1,949 $11,627 $7,953 $11,739
2000 $1,487 $7,420 $7,524 $11,705
1999 $931 $6,470 $6,500 $11,031
1998 $578 $5,280 $5,833 $10,756
1997 $717 $4,387 $5,567 $10,182
1996 $392 $1,793 $4,674 $9,496
1995 $248.3 $1,098 $4,184 $8,933
1994 $183.2 $951 $6,202 $9,466
1993 $256.7 $828 $6,048 $9,041
1992 $263.7 $756 $4,221 $9,470
1991 $225.3 $569 $3,709 $9,079
1990 $236.4 $577 $3,154 $8,578
1989 $193.2 - $2,725 -
1988 $228.7 - $2,279 -
1987 $220.9 - $1,888 -
1986 $188.8 - $1,757 -
1985 $161.1 - $2,602 -
1984 $137.9 - $2,506 -
1983 $129.4 - $2,170 -
1982 $137.5 - $2,621 -
1981 $121.1 - $3,829 -
1980 $175.5 - $3,055 -
1979 - - $2,049 -
1978 - - $1,604 -
1977 $376 - $1,315 -
1976 $369 - $1,465 -
1975 $362 - $1,492 -
1974 $319 - $1,256 -
1973 $268.6 - $993 -
1972 $211.4 - $837 -
1971 $205.6 - $748 -
1970 $206.8 - $699 -
1969 $208.4 - $660 -
1968 $211.7 - $616 -
1967 $231.9 - $576 -
1966 $226.7 - $545 -
1965 $217.1 - $506 -
1964 $177.8 - $481 -
1963 $154.8 - $420 -
1962 $132.9 - $388 -
1961 - - $374 -
1960 - - $355 -

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

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

Equatorial Guinea's GDP per capita is $6,615, ranking 107/197, compared to $13,889 in Mexico, ranking 76/197. Adjusted for purchasing power (GDP per capita PPP), Equatorial Guinea ranks 106th at $17,567, while Mexico ranks 80th at $26,185.

Economic indicators

Equatorial Guinea Mexico
Gross domestic product
$12.8B
2025
$1.83T
2025
GDP rank
150/197
2025
14/197
2025
GDP growth
-5.85%
2024-2025
0.56%
2024-2025
GDP per capita
$6,615
2025
$13,889
2025
GDP per capita rank
107/197
2025
76/197
2025
GDP per capita, PPP
$17,567
2024
$26,185
2024
GDP per capita PPP rank
106/197
2024
80/197
2024
Government debt
$5.21B
2025
$1.13T
2025
Debt-to-GDP ratio
40.6%
2025
61.8%
2025
Government debt per person
$2,686
2025
$8,577
2025
Government debt per person rank
109/185
2025
66/185
2025
Average annual personal income after taxes
$4,723
2026
$10,482
2026
Market capitalization of domestic companies n/a
$560B
2025
Number of millionaires n/a
333,000
2026
Number of billionaires n/a
22
2026
Income share by richest 10%
29.1%
2022
33.4%
2024
Income share by poorest 10%
2.6%
2022
2.1%
2024
Government expenditure, % of GDP
20.7%
2025
29.8%
2025
Consumer prices inflation
2.8%
2024-2025
3.81%
2024-2025
Central bank interest rate n/a
6.5%
2026
Unemployment rate
8.6%
2014
2.54%
2025
Population
2008950
133551566

Spending and national debt comparison by year

Equatorial Guinea
Spending

Debt
Mexico
Spending

Debt
1x
Year % of GDP
Equatorial Guinea Mexico
Government spending Government debt Government spending Government debt
2025 20.7% 40.6% 29.8% 61.8%
2024 18.5% 36.4% 30.8% 59.1%
2023 19.2% 39.1% 28.6% 52.8%
2022 14.8% 29.8% 28.5% 53.8%
2021 12.7% 42.3% 26.7% 56.7%
2020 16.2% 49.4% 27.8% 58.5%
2019 16.8% 43.2% 25.3% 51.9%
2018 19.1% 40.6% 25% 52.2%
2017 20.1% 36.2% 25% 52.5%
2016 27.8% 41.1% 26.5% 55%
2015 41.6% 31.7% 26.6% 51%
2014 31.6% 12.6% 26.9% 47.1%
2013 29.3% 6.27% 26.7% 44.1%
2012 35.2% 7.1% 27% 40.8%
2011 27.5% 7.17% 26.6% 41.2%
2010 31.2% 7.89% 26.5% 40.2%
2009 39.8% 4.34% 26.5% 41.7%
2008 19.9% 0.49% 26.5% 40.6%
2007 19.7% 0.75% 22.5% 35.5%
2006 18.1% 1.22% 21.6% 35.8%
2005 14.1% 2.85% 21.2% 36.8%
2004 15.5% 4.54% 20.5% 38.9%
2003 11.8% 6.77% 21.5% 42.1%
2002 11.3% 19.4% 19.8% 39.9%
2001 13.5% 25.5% 19.5% 37.3%
2000 22.6% 36.6% 19.4% 38.5%
1999 18.7% 60.5% 20.1% 41.7%
1998 35.1% 59.2% 19.5% 39.7%
1997 14.8% 46.3% 20.7% 39.1%
1996 22.9% 91.2% 20.8% 42.5%
1995 141.5% 136.9% 18.9% 30.7%
1994 510% 216% 18.9% 26.8%
1993 256.3% 152.6% 18.2% 19.2%
1992 595% 136.9% 19% 21.5%
1991 284.5% 169.5% 20.1% 29.2%
1990 212.9% 157% 22.9% 35.7%
1989 116.8% 187% 19.2% 36%
1988 227.9% 154.5% 23.6% 36.5%
1987 183% 141.3% 26.7% 52.7%
1986 119% 152.5% 25.1% 47.8%
1985 115.4% 183.8% 21.4% 30.4%
1984 - - 19.8% 25.2%
1983 - - 21.6% 25.3%
1982 - - 24.7% 29.8%
1981 - - 20.1% 41.7%
1980 - - 17.5% 31.4%
1979 - - 16.5% 35.8%
1978 - - 15.7% 39%
1977 - - 15.5% 41.5%
1976 - - 15.5% 31.3%
1975 - - 14.7% 24.4%
1974 - - 13.8% 21.7%
1973 - - 12.7% 20%
1972 - - 11.9% 17.9%
1971 - - 10.6% 17%
1970 - - 10.9% 17.1%
1969 - - 11.8% 10.7%
1968 - - 10.9% 7.85%
1967 - - 10.4% 8.22%
1966 - - 11.6% 5.14%
1965 - - 10.7% 9.99%
1964 - - 9.21% 6.22%
1963 - - 8.51% 4.13%
1962 - - 8.26% 4.2%
1961 - - 8.01% 4.38%
1960 - - 9.5% 4.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Equatorial Guinea's government spending was $2.65B, accounting for 20.7% of its GDP, while Mexico spent $547B, or 29.8% of GDP.

Debt-to-GDP ratio is 40.6% in Equatorial Guinea and 61.8% in Mexico, ranking 132/185 and 73/185, respectively.

Government deficit by year

Deficit/surplus
Equatorial Guinea

Mexico
1x
Year Deficit/surplus, % of GDP
Equatorial Guinea Mexico
2025 -2.55% -4.86%
2024 -0.55% -5.78%
2023 2.39% -4.3%
2022 11.7% -4.32%
2021 2.65% -3.75%
2020 -1.77% -4.29%
2019 1.82% -2.27%
2018 0.52% -2.14%
2017 -2.59% -1.03%
2016 -10.9% -2.68%
2015 -15.1% -3.86%
2014 -7.54% -4.37%
2013 -4.4% -3.56%
2012 -7.24% -3.57%
2011 0.83% -3.2%
2010 -4.53% -3.8%
2009 -6.47% -3.94%
2008 14.6% -0.68%
2007 17.2% -1.46%
2006 21.8% -1.23%
2005 18.5% -1.43%
2004 9.22% -1.35%
2003 9.99% -2.24%
2002 17.6% -2.18%
2001 14.9% -2.57%
2000 -2.67% -2.69%
1999 -0.19% -4.49%
1998 -7.65% -4.49%
1997 3.21% -3.48%
1996 -6.36% -3.66%
1995 -123.4% -2.28%
1994 -487% -2.25%
1993 -217.9% -1.51%
1992 -557% 2.26%
1991 -236% 1.49%
1990 -160.2% -3.11%
1989 -76.2% -4.75%
1988 -208.5% -8.76%
1987 -158% -11.6%
1986 -97.3% -11.2%
1985 -89.3% -7.2%
1984 - -5.79%
1983 - -6.03%
1982 - -11.4%
1981 - -4.9%
1980 - -1.75%
1979 - -2.15%
1978 - -1.88%
1977 - -2.43%
1976 - -3.14%
1975 - -2.64%
1974 - -3.33%
1973 - -2.75%
1972 - -2.3%
1971 - -1.43%
1970 - -1.71%
1969 - -2.74%
1968 - -2.06%
1967 - -2.12%
1966 - -3.2%
1965 - -2.51%
1964 - -1.44%
1963 - -0.92%
1962 - -0.79%
1961 - -0.88%
1960 - -1.36%
1959 - -0.73%
1958 - 0.24%
1957 - -0.03%
1956 - 0.52%
1955 - 0.6%
1954 - -0.94%
1953 - -0.58%
1952 - 0.42%
1951 - -0.26%
1950 - -0.2%
1949 - 0.44%
1948 - -1.55%
1947 - -0.93%
1946 - 0.66%
1945 - -1.11%
1944 - -1.12%
1943 - 0.05%
1942 - -0.93%
1941 - -0.26%
1940 - -0.4%
1939 - -0.06%
1938 - -0.91%
1937 - -0.41%
1936 - -0.39%
1935 - 0.26%
1934 - 0.72%
1933 - -0.58%
1932 - 0%
1931 - 0.71%
1930 - 0.21%
1929 - 0.95%
1928 - 0.24%
1927 - -0.3%
1926 - -0.29%
1925 - 0.46%
1924 - 1.34%
1923 - 1.02%
1922 - 1.13%
1921 - 0.64%
1920 - 0.91%
1919 - 0.41%
1918 - -0.19%
1917 - 0.63%
1916 - -
1915 - -
1914 - -
1913 - 0.28%
1912 - -0.79%
1911 - -0.31%
1910 - 0.1%
1909 - 0.15%
1908 - -0.08%
1907 - 0.43%
1906 - 0.72%
1905 - 0.35%
1904 - 1.09%
1903 - 3.82%
1902 - 0.42%
1901 - 0.62%
1900 - 0.76%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/equatorial-guinea/mexico | 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 Mexico's deficit of $89B, or 4.86% of GDP.

Over the past 41 years, Equatorial Guinea recorded a fiscal deficit in 26 of those years, while Mexico ran a deficit in 39 years. On average, Equatorial Guinea posted an annual deficit equal to 57.2% of GDP, compared to deficit of 3.48% of GDP for Mexico.

Inflation comparison by year

Inflation
Equatorial Guinea

Mexico
1x
Year Consumer prices inflation
Equatorial Guinea Mexico
2025 2.8% 3.81%
2024 3.4% 4.72%
2023 2.4% 5.53%
2022 4.9% 7.9%
2021 -0.1% 5.69%
2020 4.8% 3.4%
2019 1.2% 3.64%
2018 1.3% 4.9%
2017 0.7% 6.04%
2016 1.4% 2.82%
2015 1.7% 2.72%
2014 4.3% 4.02%
2013 3.2% 3.81%
2012 3.4% 4.11%
2011 4.8% 3.41%
2010 5.3% 4.16%
2009 5.7% 5.3%
2008 4.7% 5.12%
2007 2.8% 3.97%
2006 4.5% 3.63%
2005 5.6% 3.99%
2004 4.2% 4.69%
2003 7.3% 4.55%
2002 7.6% 5.03%
2001 8.7% 6.37%
2000 4.8% 9.49%
1999 0.4% 16.6%
1998 7.9% 15.9%
1997 3% 20.6%

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/mexico | CC BY

Over the past 29 years, Equatorial Guinea has recorded an average annual inflation rate of 3.89%, compared with 6.07% in Mexico. In 2025, inflation was 2.8% in Equatorial Guinea and 3.81% in Mexico.

Balance of trade

Equatorial Guinea Mexico
Current account balance
-$344M
1996
-$8.2B
2025
Current account balance ranking
98/190
1996
171/190
2025
Current account balance, % of GDP
-148%
1996
-0.45%
2025
Goods imports
$292M
1996
$665B
2025
Goods exports
$175M
1996
$666B
2025
Service imports
$185M
1996
$75.4B
2025
Service exports
$4.88M
1996
$64B
2025
Imports of goods and services, % of GDP
28.4%
2025
40.3%
2025
Exports of goods and services, % of GDP
46.5%
2025
39.6%
2025

Economic freedom indices

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

Equatorial Guinea Mexico
Economic freedom 47.4 59.8
Economic freedom ranking 175/197 102/197
Property rights 16.9 37.6
Government integrity 6.9 28.8
Judicial effectiveness 7.2 40.4
Tax burden 81 75.4
Government spending 90.8 74.6
Fiscal health 97.3 56.7
Business freedom 35.9 67
Labor freedom 45.2 57.3
Monetary freedom 73.5 70.6
Trade freedom 43.6 74.2
Investment freedom 40 75
Financial freedom 30 60

Economic freedom comparison by year

Equatorial Guinea
Mexico
1x
Year Economic freedom index
Equatorial Guinea Mexico
2026 47.4 59.8
2025 47.7 61.3
2024 47.7 62
2023 48.3 63.2
2022 47.2 63.7
2021 49.2 65.5
2020 48.3 66
2019 41 64.7
2018 42 64.8
2017 45 63.6
2016 43.7 65.2
2015 40.4 66.4
2014 44.4 66.8
2013 42.3 67
2012 42.8 65.3
2011 47.5 67.8
2010 48.6 68.3
2009 51.3 65.8
2008 51.6 66.2
2007 53.2 66
2006 51.5 64.7
2005 53.3 65.2
2004 53.3 66
2003 53.1 65.3
2002 46.4 63
2001 47.9 60.6
2000 45.6 59.3
1999 45.1 58.5
1998 - 57.9
1997 - 57.1
1996 - 61.2
1995 - 63.1

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

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

The Economic Freedom Index for Equatorial Guinea is 47.4, ranking 175/197, compared to 59.8 for Mexico, ranking 102/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Equatorial Guinea Mexico
Services, % of GDP
55.5%
2025
58.9%
2025
Industry, % of GDP
41.4%
2025
30.6%
2025
Agriculture, forestry, and fishing, % of GDP
3.21%
2025
3.88%
2025
GNI, Atlas method
$11.4B
2025
$1.81T
2025
GNI per capita, PPP
$14,610
2025
$25,070
2025
Total reserves including gold
$1.08B
2024
$256B
2025
Total reserves ranking
141/177
2024
17/177
2025
Net foreign direct investment
-$376M
1996
-$31.8B
2025
Net inflows of foreign direct investment
$188M
2024
$45.5B
2024
Net outflows of foreign direct investment
$154M
2024
$13B
2024
Servicing debt to the IMF, % of GNI n/a
3.77%
2024
Poverty at national poverty lines
50.7%
2022
29.6%
2024
Gross capital formation, % of GDP
-3.68%
2025
22.6%
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/equatorial-guinea/mexico | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1995, 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2014, retrieved 2026-07-08)

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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.