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Economy of France vs Nigeria compared: GDP & Debt

Updated on by Georank

France has a GDP of $3.37T compared to $291B for Nigeria, ranking 7/197 and 50/197 by economy size, respectively.

France has $3.9T in government debt (116% of GDP), compared to $103B (35.5% of GDP) in Nigeria.

France vs Nigeria GDP by year

France
Nigeria
1x
Year GDP, current $
France Nigeria
2025 $3,366,315,927,447 $290,794,361,542
2024 $3,160,442,622,465 $252,261,880,140
2023 $3,056,250,648,138 $487,387,801,878
2022 $2,794,788,137,067 $646,950,257,575
2021 $2,966,433,692,008 $609,147,716,965
2020 $2,647,926,055,110 $598,586,817,817
2019 $2,722,793,515,172 $668,219,992,687
2018 $2,781,576,320,884 $421,739,251,509
2017 $2,588,868,323,335 $375,745,731,053
2016 $2,470,407,619,777 $404,649,125,252
2015 $2,442,483,452,643 $493,026,682,801
2014 $2,861,236,112,552 $574,183,763,412
2013 $2,816,077,607,875 $520,117,180,314
2012 $2,683,007,095,787 $463,971,018,239
2011 $2,870,408,553,990 $414,466,676,831
2010 $2,646,230,027,988 $366,990,417,129
2009 $2,700,075,882,519 $295,008,835,381
2008 $2,926,802,941,586 $339,476,276,258
2007 $2,655,816,911,867 $278,260,846,800
2006 $2,317,861,544,691 $238,454,997,161
2005 $2,192,146,403,028 $175,670,569,969
2004 $2,109,792,297,237 $135,764,731,646
2003 $1,835,095,983,049 $104,738,954,264
2002 $1,492,427,756,382 $95,054,059,303
2001 $1,370,376,677,299 $73,557,840,064
2000 $1,360,959,069,477 $69,171,451,627
1999 $1,486,915,879,702 $59,145,077,039
1998 $1,496,906,382,032 $218,416,200,673
1997 $1,449,392,222,971 $200,850,397,618
1996 $1,598,889,216,566 $185,730,236,700
1995 $1,595,219,345,512 $140,919,776,986
1994 $1,385,822,778,828 $80,399,613,064
1993 $1,314,383,368,080 $56,721,051,402
1992 $1,389,663,073,110 $52,058,181,854
1991 $1,258,961,748,634 $59,526,833,412
1990 $1,257,649,439,827 $54,035,795,388
1989 $1,016,742,237,302 $44,003,061,108
1988 $1,010,827,662,152 $49,648,470,440
1987 $926,320,855,615 $52,676,041,931
1986 $764,946,585,851 $54,805,852,581
1985 $547,220,981,165 $73,745,821,158
1984 $525,033,325,828 $73,484,359,521
1983 $553,356,312,936 $97,094,911,792
1982 $578,152,310,610 $142,769,363,314
1981 $609,184,791,792 $164,475,209,516
1980 $694,529,183,483 $64,201,788,123
1979 $608,218,624,730 $47,259,911,894
1978 $501,724,418,605 $36,527,862,209
1977 $406,401,711,688 $36,035,407,725
1976 $368,363,152,144 $36,308,883,249
1975 $357,324,307,786 $27,778,934,625
1974 $282,739,225,314 $24,846,641,318
1973 $261,970,536,240 $15,162,871,287
1972 $201,738,881,664 $12,274,416,018
1971 $164,694,210,962 $9,181,769,912
1970 $147,312,861,698 $12,546,094,982
1969 $140,660,914,841 $6,634,317,346
1968 $128,710,572,572 $5,200,997,920
1967 $118,088,635,381 $5,203,237,919
1966 $109,306,730,313 $6,366,917,453
1965 $100,927,668,584 $5,874,537,650
1964 $93,424,179,943 $5,552,931,319
1963 $84,227,606,650 $5,165,590,254
1962 $75,196,980,365 $4,909,399,176
1961 $67,158,050,215 $4,467,287,893
1960 $61,959,085,885 $4,196,174,502

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

GeoRank.org/economy/france/nigeria | CC BY

GDP per capita in France vs Nigeria by year

France
GDP per capita

GDP per capita, PPP
Nigeria
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Nigeria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $48,986 - $1,224 -
2024 $46,103 $62,557 $1,084 $9,087
2023 $44,700 $60,839 $2,139 $8,705
2022 $40,989 $57,043 $2,899 $8,305
2021 $43,725 $52,517 $2,787 $7,588
2020 $39,170 $49,482 $2,797 $7,415
2019 $40,408 $51,130 $3,190 $7,551
2018 $41,418 $46,381 $2,058 $7,158
2017 $38,687 $44,469 $1,876 $7,037
2016 $37,024 $42,880 $2,070 $7,072
2015 $36,702 $40,905 $2,586 $7,308
2014 $43,148 $40,218 $3,089 $7,396
2013 $42,669 $39,583 $2,873 $7,004
2012 $40,864 $37,671 $2,633 $6,671
2011 $43,930 $37,510 $2,418 $6,585
2010 $40,695 $35,908 $2,202 $6,301
2009 $41,728 $34,685 $1,820 $5,927
2008 $45,465 $35,053 $2,154 $5,607
2007 $41,486 $34,066 $1,816 $5,298
2006 $36,432 $32,424 $1,600 $4,975
2005 $34,696 $30,431 $1,211 $4,678
2004 $33,645 $28,921 $962 $4,381
2003 $29,480 $28,024 $763 $4,015
2002 $24,145 $28,350 $712 $3,770
2001 $22,332 $27,347 $566 $3,309
2000 $22,341 $26,007 $547 $3,139
1999 $24,576 $24,204 $481 $3,002
1998 $24,869 $23,263 $1,822 $3,022
1997 $24,169 $22,190 $1,720 $2,990
1996 $26,758 $21,268 $1,633 $2,931
1995 $26,792 $20,701 $1,272 $2,835
1994 $23,360 $19,892 $745 $2,853
1993 $22,239 $19,094 $540 $2,921
1992 $23,615 $18,801 $509 $2,991
1991 $21,501 $18,198 $597 $2,870
1990 $21,586 $17,475 $556 $2,840
1989 $17,547 - $465 -
1988 $17,550 - $540 -
1987 $16,176 - $588 -
1986 $13,430 - $628 -
1985 $9,657 - $869 -
1984 $9,312 - $890 -
1983 $9,862 - $1,207 -
1982 $10,360 - $1,822 -
1981 $10,956 - $2,162 -
1980 $12,565 - $870 -
1979 $11,063 - $661 -
1978 $9,167 - $527 -
1977 $7,459 - $536 -
1976 $6,792 - $556 -
1975 $6,617 - $438 -
1974 $5,261 - $403 -
1973 $4,907 - $252.4 -
1972 $3,809 - $209.5 -
1971 $3,137 - $160.5 -
1970 $2,833 - $224.5 -
1969 $2,729 - $121.4 -
1968 $2,518 - $97.3 -
1967 $2,328 - $99.5 -
1966 $2,173 - $124.4 -
1965 $2,024 - $117.3 -
1964 $1,891 - $113.3 -
1963 $1,723 - $107.7 -
1962 $1,554 - $104.5 -
1961 $1,402 - $97.1 -
1960 $1,307 - $93.1 -

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

GeoRank.org/economy/france/nigeria | CC BY

France's GDP per capita is $48,986, ranking 27/197, compared to $1,224 in Nigeria, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Nigeria ranks 136th at $9,087.

Economic indicators

France Nigeria
Gross domestic product
$3.37T
2025
$291B
2025
GDP rank
7/197
2025
50/197
2025
GDP growth
0.84%
2024-2025
4.01%
2024-2025
GDP per capita
$48,986
2025
$1,224
2025
GDP per capita rank
27/197
2025
172/197
2025
GDP per capita, PPP
$62,557
2024
$9,087
2024
GDP per capita PPP rank
30/197
2024
136/197
2024
Government debt
$3.9T
2025
$103B
2025
Debt-to-GDP ratio
116%
2025
35.5%
2025
Government debt per person
$56,819
2025
$434
2025
Government debt per person rank
8/185
2025
170/185
2025
Average annual personal income after taxes
$35,062
2026
$768
2026
Market capitalization of domestic companies
$2.37T
2018
$86.9B
2025
Number of millionaires
2,388,000
2026
n/a
Number of billionaires
51
2026
4
2026
Income share by richest 10%
25%
2023
26.3%
2022
Income share by poorest 10%
3%
2023
3%
2022
Government expenditure, % of GDP
57.5%
2025
11.7%
2025
Consumer prices inflation
0.94%
2024-2025
23%
2024-2025
Central bank interest rate n/a
26.5%
2026
Unemployment rate
7.7%
2025
3.45%
2024
Population
68871753
245016045

Spending and national debt comparison by year

France
Spending

Debt
Nigeria
Spending

Debt
1x
Year % of GDP
France Nigeria
Government spending Government debt Government spending Government debt
2025 57.5% 116% 11.7% 35.5%
2024 57.3% 113.2% 12% 39.3%
2023 56.8% 109.6% 10.4% 36.3%
2022 58.4% 111.4% 10.6% 29.8%
2021 59.5% 112.8% 9.09% 26.6%
2020 61.7% 114.9% 8.73% 25.7%
2019 55.3% 98.2% 8.87% 21.4%
2018 56.4% 98.5% 9.1% 20.4%
2017 57.7% 98.8% 8.51% 18%
2016 57.4% 98.1% 6.93% 17.4%
2015 57.6% 97% 7.85% 14.9%
2014 58.4% 96.2% 9.49% 15.8%
2013 58.6% 94.6% 10% 13%
2012 57.9% 91.7% 10.5% 12.5%
2011 57% 88.7% 12.3% 12.4%
2010 57.7% 86.3% 11.8% 6.67%
2009 58% 84.1% 11% 6.12%
2008 54.3% 69.8% 10.2% 5.17%
2007 53.6% 65.5% 12.9% 5.76%
2006 53.7% 65.4% 8.75% 6.68%
2005 54.3% 68.2% 12.6% 13.4%
2004 54% 66.9% 13% 25.2%
2003 54.4% 65.4% 16.5% 29.9%
2002 53.9% 61.3% 13.8% 30.7%
2001 52.8% 59.3% 21.9% 37.7%
2000 52.6% 59.7% 17.6% 40.9%
1999 53.7% 61.4% 14.9% 46.1%
1998 54% 62.1% 11.2% 15.8%
1997 55.6% 62% 9.68% 17.1%
1996 56% 60.6% 7.87% 17.9%
1995 56% 57.8% 8.87% 24.2%
1994 55.9% 51.6% 12.1% 39.7%
1993 56.5% 48.2% 20% 50.4%
1992 54% 41.7% 15.9% 49.8%
1991 52.7% 37.8% 13.6% 53.2%
1990 51.6% 36.8% 14.2% 50.9%
1989 48.9% 34% - -
1988 50.1% 33.3% - -
1987 50.7% 33.4% - -
1986 51.3% 31.1% - -
1985 51.9% 30.6% - -
1984 51.2% 29% - -
1983 50.2% 26.6% - -
1982 49.9% 25.3% - -
1981 48.5% 22% - -
1980 46% 20.7% - -
1979 44.9% 21.1% - -
1978 44.7% 21.2% - -
1977 21.4% 15% - -
1976 21.7% 15.1% - -
1975 22% 16.1% - -
1974 19.9% 15.4% - -
1973 19.7% 15.8% - -
1972 19.8% 17.7% - -
1971 20% 20.1% - -
1970 20.5% 21% - -
1969 21.5% 14.4% - -
1968 22.7% 15.8% - -
1967 21.4% 16.1% - -
1966 21.4% 15.3% - -
1965 21.1% 17.6% - -
1964 21% 19.6% - -
1963 22.6% 22.2% - -
1962 21.7% 23.6% - -
1961 21.9% 26.3% - -
1960 22.2% 28.5% - -

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/france/nigeria | CC BY

In 2025, France's government spending was $1.93T, accounting for 57.5% of its GDP, while Nigeria spent $34.1B, or 11.7% of GDP.

Debt-to-GDP ratio is 116% in France and 35.5% in Nigeria, ranking 13/185 and 143/185, respectively.

Government deficit by year

Deficit/surplus
France

Nigeria
1x
Year Deficit/surplus, % of GDP
France Nigeria
2025 -5.11% -1.76%
2024 -5.79% -1.27%
2023 -5.44% -3.12%
2022 -4.74% -4%
2021 -6.58% -3.97%
2020 -8.93% -4.03%
2019 -2.39% -3.31%
2018 -2.32% -3.06%
2017 -3.36% -3.85%
2016 -3.76% -3.3%
2015 -3.89% -2.7%
2014 -4.57% -1.72%
2013 -4.94% -1.89%
2012 -5.17% -0.09%
2011 -5.3% 0.31%
2010 -7.16% -2.96%
2009 -7.38% -3.78%
2008 -3.5% 4.05%
2007 -2.99% -0.79%
2006 -2.66% 6.22%
2005 -3.5% 3.49%
2004 -3.55% 3.9%
2003 -4.09% -1.56%
2002 -3.18% 0.95%
2001 -1.42% -2.29%
2000 -1.32% 2.89%
1999 -1.55% -1.39%
1998 -2.39% -3.47%
1997 -3.71% 1.14%
1996 -3.89% 3.37%
1995 -5.11% 2.52%
1994 -5.46% -2.96%
1993 -6.4% -6.07%
1992 -4.64% 0.94%
1991 -2.89% -1.18%
1990 -2.45% -0.48%
1989 -1.9% -
1988 -2.7% -
1987 -2.13% -
1986 -3.3% -
1985 -3.08% -
1984 -2.8% -
1983 -2.58% -
1982 -2.91% -
1981 -2.39% -
1980 -0.27% -
1979 -0.36% -
1978 -1.73% -
1977 0.9% -
1976 1.01% -
1975 -0.28% -
1974 3.05% -
1973 1.97% -
1972 1.94% -
1971 -0.13% -
1970 0.02% -
1969 -0.49% -
1968 -2.54% -
1967 -0.8% -
1966 -0.57% -
1965 -0.07% -
1964 -0.25% -
1963 -2.24% -
1962 -1.53% -
1961 -1.36% -
1960 -1.95% -
1959 0.56% -
1958 0.08% -
1957 -1.99% -
1956 -2.62% -
1955 -1.04% -
1954 -0.78% -
1953 -4.79% -
1952 -6.82% -
1951 -4.42% -
1950 -5.56% -
1949 -7.31% -
1948 -9.11% -
1947 -7.6% -
1946 -8.1% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -6.89% -
1936 -4.76% -
1935 -4.22% -
1934 -4.31% -
1933 -4.96% -
1932 -1.86% -
1931 -2.06% -
1930 -1.65% -
1929 1.48% -
1928 1.13% -
1927 -0.04% -
1926 -0.02% -
1925 -0.87% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.05% -
1912 0.23% -
1911 0.31% -
1910 -0.12% -
1909 -0.11% -
1908 -0.15% -
1907 0.23% -
1906 -0.04% -
1905 0.18% -
1904 0.3% -
1903 0.21% -
1902 -0.37% -
1901 -0.39% -
1900 0.21% -
1899 0.21% -
1898 0.29% -
1897 0.01% -
1896 -0.03% -
1895 -0.07% -
1894 -0.08% -
1893 -0.3% -
1892 -0.03% -
1891 0.36% -
1890 0.31% -
1889 0.09% -
1888 0.18% -
1887 -0.07% -
1886 -0.5% -
1885 -0.59% -
1884 -0.35% -
1883 -0.23% -
1882 -0.15% -
1881 0.64% -
1880 0.65% -

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/france/nigeria | CC BY

In 2025, France's government deficit, the difference between spending and revenue, was $172B, equivalent to 5.11% of GDP. This compares to Nigeria's deficit of $5.12B, or 1.76% of GDP.

Over the past 36 years, France recorded a fiscal deficit in 36 of those years, while Nigeria ran a deficit in 25 years. On average, France posted an annual deficit equal to 4.21% of GDP, compared to deficit of 0.98% of GDP for Nigeria.

Inflation comparison by year

Inflation
France

Nigeria
1x
Year Consumer prices inflation
France Nigeria
2025 0.94% 23%
2024 2% 33.2%
2023 4.88% 24.7%
2022 5.22% 18.8%
2021 1.64% 17%
2020 0.48% 13.2%
2019 1.11% 11.4%
2018 1.85% 12.1%
2017 1.03% 16.5%
2016 0.18% 15.7%
2015 0.04% 9.01%
2014 0.51% 8.05%
2013 0.86% 8.5%
2012 1.95% 12.2%
2011 2.11% 10.8%
2010 1.53% 13.7%
2009 0.09% 12.5%
2008 2.81% 11.6%
2007 1.49% 5.39%
2006 1.68% 8.23%
2005 1.75% 17.9%
2004 2.14% 15%
2003 2.1% 14%
2002 1.92% 12.9%
2001 1.63% 18.9%
2000 1.68% 6.93%
1999 0.54% 6.62%
1998 0.65% 10%
1997 1.2% 8.53%

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

GeoRank.org/economy/france/nigeria | CC BY

Over the past 29 years, France has recorded an average annual inflation rate of 1.59%, compared with 13.7% in Nigeria. In 2025, inflation was 0.94% in France and 23% in Nigeria.

Top exports between countries

France
Export category Export value
Business & finance services $339M
Machinery & equipment $146M
Transport & tourism services $135M
Processed food, beverages & tobacco $99.6M
Chemicals & pharma $97.7M
Raw materials & minerals $71.9M
Raw agricultural goods $31.5M
IT & IP services $30.3M
Metals $28.6M
Manufacturing & construction services $24.9M
Nigeria
Export category Export value
Raw materials & minerals $4.76B
Raw agricultural goods $54.2M
Processed food, beverages & tobacco $21.8M
Machinery & equipment $6.07M
Animal & marine products $4.78M
Metals $628K
Chemicals & pharma $523K
Textiles & consumer goods $25K
Wood & paper products $13K
Precious metals & jewellery $9K

Balance of trade

France Nigeria
Current account balance
-$9.24B
2025
$14B
2025
Current account balance ranking
173/190
2025
21/190
2025
Current account balance, % of GDP
-0.27%
2025
+4.83%
2025
Goods imports
$770B
2025
$43B
2025
Goods exports
$704B
2025
$57.5B
2025
Service imports
$370B
2025
$19.6B
2025
Service exports
$429B
2025
$5.06B
2025
Imports of goods and services, % of GDP
33.8%
2025
16.9%
1960
Exports of goods and services, % of GDP
33.4%
2025
9.24%
1960

Economic freedom indices

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

France Nigeria
Economic freedom 64.6 54.8
Economic freedom ranking 72/197 132/197
Property rights 91.2 29.7
Government integrity 73.4 23.5
Judicial effectiveness 84.7 34.4
Tax burden 54.6 84.6
Government spending 0.9 96.3
Fiscal health 34.8 83.5
Business freedom 78.4 50.3
Labor freedom 59.1 75.4
Monetary freedom 73.2 56.1
Trade freedom 79.4 64.4
Investment freedom 75 30
Financial freedom 70 30

Economic freedom comparison by year

France
Nigeria
1x
Year Economic freedom index
France Nigeria
2026 64.6 54.8
2025 64.4 53.4
2024 62.5 53.1
2023 63.6 53.9
2022 65.9 54.4
2021 65.7 58.7
2020 66 57.2
2019 63.8 57.3
2018 63.9 58.5
2017 63.3 57.1
2016 62.3 57.5
2015 62.5 55.6
2014 63.5 54.3
2013 64.1 55.1
2012 63.2 56.3
2011 64.6 56.7
2010 64.2 56.8
2009 63.3 55.1
2008 64.7 55.1
2007 62.1 55.6
2006 61.1 48.7
2005 60.5 48.4
2004 60.9 49.2
2003 59.2 49.5
2002 58 50.9
2001 58 49.6
2000 57.4 53.1
1999 59.1 55.7
1998 58.9 52.3
1997 59.1 52.8
1996 63.7 47.4
1995 64.4 47.3

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

GeoRank.org/economy/france/nigeria | CC BY

The Economic Freedom Index for France is 64.6, ranking 72/197, compared to 54.8 for Nigeria, ranking 132/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

France Nigeria
Services, % of GDP
70.9%
2025
58.2%
2025
Industry, % of GDP
16.8%
2025
16.4%
2025
Agriculture, forestry, and fishing, % of GDP
1.4%
2025
23%
2025
GNI, Atlas method
$3.34T
2025
$324B
2025
GNI per capita, PPP
$65,110
2025
$9,230
2025
Total reserves including gold
$428B
2025
$46B
2025
Total reserves ranking
12/177
2025
52/177
2025
Net foreign direct investment
$7.24B
2025
-$2.82B
2025
Net inflows of foreign direct investment
$52.1B
2024
$1.61B
2024
Net outflows of foreign direct investment
$41.7B
2024
$408M
2024
Servicing debt to the IMF, % of GNI n/a
5.46%
2024
Poverty at national poverty lines
15.6%
2021
56.2%
2023
Gross capital formation, % of GDP
21.9%
2025
n/a

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).

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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 (1880–1989, 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. 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.