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Economy of France vs Syria compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $20B for Syria, ranking 7/197 and 129/197 by economy size, respectively.

France has $3.58T in government debt (116.3% of GDP), compared to $18.4B (30% of GDP) in Syria.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

France
GDP, current $

GDP, constant 2015 $
Syria
GDP, current $

GDP, constant 2015 $
Year GDP
France Syria
Current $ Constant $ Current $ Constant $
1960 $61,756,878,990 $508,897,750,935 $857,704,413 $2,416,812,218
1961 $66,806,595,975 $533,344,343,072 $945,244,972 $2,678,627,030
1962 $74,888,595,286 $569,994,161,067 $1,110,565,881 $3,335,461,124
1963 $83,957,182,115 $605,326,016,607 $1,200,447,408 $3,046,852,122
1964 $93,079,224,076 $644,223,451,498 $1,339,494,267 $3,329,336,867
1965 $100,522,559,916 $675,197,188,364 $1,472,036,540 $3,405,890,769
1966 $108,928,356,519 $710,376,197,079 $1,342,287,553 $3,145,031,364
1967 $117,751,396,249 $745,158,757,032 $1,580,229,799 $3,404,738,073
1968 $128,427,504,709 $778,321,728,133 $1,753,746,430 $3,531,703,487
1969 $140,361,802,782 $833,684,910,477 $2,245,011,515 $4,194,530,603
1970 $146,926,998,937 $885,376,114,120 $2,140,384,010 $4,119,161,060
1971 $164,238,872,973 $932,571,962,138 $2,589,851,325 $4,488,065,486
1972 $201,621,751,625 $974,886,243,665 $3,059,681,698 $5,639,735,188
1973 $262,343,828,816 $1,039,326,074,354 $3,239,487,516 $5,049,263,095
1974 $283,102,178,123 $1,088,078,748,925 $5,159,557,148 $6,351,759,533
1975 $356,780,728,163 $1,075,844,942,666 $6,826,980,444 $7,390,372,324
1976 $368,488,292,816 $1,123,030,884,958 $7,633,528,867 $8,296,021,554
1977 $406,736,454,934 $1,163,152,896,909 $7,696,011,396 $8,146,733,163
1978 $501,724,418,605 $1,208,457,476,980 $9,275,200,458 $8,956,729,450
1979 $608,218,624,730 $1,253,113,736,481 $9,929,681,529 $9,036,264,207
1980 $694,529,183,483 $1,274,121,102,725 $13,062,420,382 $10,347,255,986
1981 $609,184,791,792 $1,289,261,671,632 $15,518,201,335 $11,149,721,268
1982 $578,152,310,610 $1,320,752,051,529 $16,298,929,011 $11,460,696,656
1983 $553,356,312,936 $1,337,420,703,410 $17,589,277,143 $11,726,623,777
1984 $525,033,325,828 $1,358,946,108,005 $17,503,078,174 $10,834,153,805
1985 $547,220,981,165 $1,380,268,983,034 $16,403,539,893 $11,847,234,654
1986 $764,946,585,851 $1,413,251,000,996 $13,293,205,278 $10,905,032,498
1987 $926,320,855,615 $1,449,327,712,382 $11,356,215,543 $11,088,485,935
1988 $1,010,827,662,152 $1,519,101,594,975 $10,577,041,645 $13,085,648,672
1989 $1,016,742,237,302 $1,586,020,591,646 $9,853,395,762 $11,299,813,273
1990 $1,257,649,439,827 $1,630,899,060,963 $12,308,624,418 $11,722,376,107
1991 $1,258,961,748,634 $1,651,067,777,785 $12,981,833,333 $12,621,068,342
1992 $1,389,663,073,110 $1,676,098,974,379 $13,253,565,861 $14,258,373,042
1993 $1,314,383,368,080 $1,670,081,815,759 $13,695,962,055 $15,135,390,679
1994 $1,385,822,778,828 $1,709,890,902,349 $10,122,020,000 $16,227,110,829
1995 $1,595,219,345,512 $1,749,300,344,480 $11,396,706,587 $17,367,323,301
1996 $1,598,889,216,566 $1,773,739,467,493 $13,789,560,878 $19,073,761,706
1997 $1,449,392,222,971 $1,818,562,957,062 $14,505,233,463 $20,031,990,206
1998 $1,496,906,382,032 $1,881,350,558,838 $15,200,846,154 $21,391,221,744
1999 $1,486,915,879,702 $1,945,303,460,550 $15,873,875,969 $20,631,095,403
2000 $1,360,959,069,477 $2,025,858,476,151 $18,937,052,543 $20,770,487,870
2001 $1,370,376,677,299 $2,064,338,989,613 $20,237,024,725 $20,988,014,510
2002 $1,492,427,756,382 $2,086,380,974,763 $20,669,357,462 $21,818,055,209
2003 $1,835,095,983,049 $2,106,573,536,968 $21,828,144,686 $23,389,922,826
2004 $2,109,792,297,237 $2,166,995,343,502 $25,086,950,495 $25,004,519,711
2005 $2,192,146,403,028 $2,207,920,477,337 $28,858,965,517 $26,558,570,073
2006 $2,317,861,544,691 $2,267,844,862,926 $33,751,788,856 $27,898,767,456
2007 $2,655,816,911,867 $2,325,232,266,329 $40,465,318,382 $29,481,908,620
2008 $2,926,802,941,586 $2,334,072,135,222 $52,557,913,569 $30,801,717,185
2009 $2,700,075,882,519 $2,268,145,064,849 $54,111,735,629 $32,622,727,886
2010 $2,646,230,027,988 $2,313,515,332,183 $61,390,830,875 $34,316,469,201
2011 $2,870,408,553,990 $2,369,909,039,106 $67,539,428,159 $35,294,489,549
2012 $2,683,007,095,787 $2,374,265,767,668 $43,190,318,033 $25,998,267,919
2013 $2,816,077,607,875 $2,392,826,743,357 $21,361,254,635 $19,160,700,666
2014 $2,861,236,112,552 $2,416,703,156,974 $21,502,061,466 $17,185,167,298
2015 $2,442,483,452,643 $2,442,483,452,643 $16,466,863,117 $16,466,863,117
2016 $2,470,407,619,777 $2,463,489,569,347 $12,597,854,877 $15,412,063,258
2017 $2,588,868,323,335 $2,514,819,204,088 $16,369,843,352 $15,300,590,613
2018 $2,781,576,320,884 $2,556,210,832,760 $21,497,782,868 $15,513,754,781
2019 $2,722,793,515,172 $2,608,036,638,906 $22,583,045,060 $15,703,131,996
2020 $2,647,926,055,110 $2,413,981,867,676 $12,047,752,036 $15,593,656,904
2021 $2,966,433,692,008 $2,580,120,255,052 $14,353,205,678 $15,882,796,970
2022 $2,796,302,210,399 $2,646,451,030,890 $23,622,827,080 $15,999,183,136
2023 $3,051,831,611,385 $2,671,234,714,487 $19,993,439,950 $15,806,030,725
2024 $3,162,079,073,496 $2,702,385,011,318 - -

Economic indicators

France Syria
Gross domestic product
$3.16T
2024
$20B
2023
GDP rank
7/197
2024
129/197
2023
GDP growth
3.61%
2023-2024
-15.4%
2022-2023
GDP per capita
$46,150
2024
$847
2023
GDP per capita rank
27/197
2024
184/197
2023
GDP per capita, PPP
$61,322
2024
$4,650
2023
Government debt
$3.58T
2024
$18.4B
2010
Debt-to-GDP ratio
116.3%
2025
30%
2010
Government debt per person
$52,199
2024
$820
2010
Government debt per person rank
8/185
2024
148/185
2010
Average annual personal income after taxes
$33,898
2025
$731
2025
Market capitalization of domestic companies
$2.37T
2018
n/a
Number of millionaires
2,868,031
2024
n/a
Number of billionaires
52
2025
n/a
Income share by richest 10%
25%
2023
21.1%
2022
Income share by poorest 10%
3%
2023
3.8%
2022
Government expenditure, % of GDP
57.3%
2025
28.6%
2010
Consumer prices inflation
2%
2023-2024
13.4%
2018-2019
Unemployment rate
7.39%
2024
8.61%
2010
Population
68701054
26304877

GDP per capita in France vs Syria

France's GDP per capita is $46,150, ranking 27/197, compared to $847 in Syria, ranking 184/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 29th at $61,322, while Syria ranks 160th at $4,650.

France
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
Year Current $
France Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $1,303 - $183.5 -
1961 $1,395 - $196.3 -
1962 $1,548 - $223.9 -
1963 $1,718 - $234.9 -
1964 $1,884 - $254.2 -
1965 $2,015 - $270.8 -
1966 $2,165 - $239.3 -
1967 $2,321 - $272.9 -
1968 $2,513 - $293.3 -
1969 $2,724 - $364 -
1970 $2,825 - $335 -
1971 $3,128 - $393 -
1972 $3,807 - $448 -
1973 $4,914 - $459 -
1974 $5,267 - $707 -
1975 $6,607 - $904 -
1976 $6,795 - $976 -
1977 $7,465 - $951 -
1978 $9,167 - $1,108 -
1979 $11,063 - $1,146 -
1980 $12,565 - $1,458 -
1981 $10,956 - $1,676 -
1982 $10,360 - $1,703 -
1983 $9,862 - $1,776 -
1984 $9,312 - $1,706 -
1985 $9,657 - $1,544 -
1986 $13,430 - $1,208 -
1987 $16,176 - $997 -
1988 $17,550 - $898 -
1989 $17,547 - $809 -
1990 $21,586 $17,472 $978 -
1991 $21,501 $18,178 $1,000 -
1992 $23,615 $18,790 $990 -
1993 $22,239 $19,071 $993 -
1994 $23,360 $19,874 $712 -
1995 $26,792 $20,688 $780 -
1996 $26,758 $21,261 $918 -
1997 $24,169 $22,185 $941 -
1998 $24,869 $23,261 $961 -
1999 $24,576 $24,204 $978 -
2000 $22,341 $26,002 $1,138 -
2001 $22,332 $27,350 $1,187 -
2002 $24,145 $28,350 $1,183 -
2003 $29,480 $28,028 $1,220 -
2004 $33,645 $28,925 $1,368 -
2005 $34,696 $30,431 $1,534 -
2006 $36,432 $32,430 $1,719 -
2007 $41,486 $34,067 $1,938 -
2008 $45,465 $35,053 $2,429 -
2009 $41,728 $34,667 $2,462 -
2010 $40,695 $35,912 $2,731 -
2011 $43,930 $37,510 $2,952 -
2012 $40,864 $37,671 $1,898 -
2013 $42,669 $39,583 $986 -
2014 $43,148 $40,218 $1,061 -
2015 $36,702 $40,916 $848 -
2016 $37,024 $42,880 $656 -
2017 $38,687 $44,469 $852 $3,265
2018 $41,418 $46,381 $1,098 $3,456
2019 $40,408 $51,130 $1,110 $3,502
2020 $39,170 $49,482 $572 $3,738
2021 $43,725 $52,517 $664 $4,593
2022 $41,083 $56,181 $1,052 $4,772
2023 $44,691 $58,318 $847 $4,650
2024 $46,150 $61,322 - -

Spending and national debt comparison

In 2024, France's government spending was $1.81T, accounting for 57.3% of its GDP, while Syria's spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 116.3% in France and 30% in Syria, ranking 12/185 and 159/185, respectively.

France
Government spending

Government debt
Syria
Government spending

Government debt
Year % of GDP
France Syria
Government spending Government debt Government spending Government debt
1960 22.2% 28.5% - -
1961 21.9% 26.3% - -
1962 21.7% 23.6% - -
1963 22.6% 22.2% - -
1964 21% 19.6% - -
1965 21.1% 17.6% - -
1966 21.4% 15.3% - -
1967 21.4% 16.1% - -
1968 22.7% 15.8% - -
1969 21.5% 14.4% - -
1970 20.5% 21% - -
1971 20% 20.1% - -
1972 19.8% 17.7% - -
1973 19.7% 15.8% - -
1974 19.9% 15.4% - -
1975 22% 16.1% - -
1976 21.7% 15.1% - -
1977 21.4% 15% - -
1978 44.7% 21.2% - -
1979 44.9% 21.1% - -
1980 46% 20.7% - -
1981 48.5% 22% - -
1982 49.9% 25.3% - -
1983 50.2% 26.6% - -
1984 51.2% 29% - -
1985 51.9% 30.6% - -
1986 51.3% 31.1% - -
1987 50.7% 33.4% - -
1988 50.1% 33.3% - -
1989 48.9% 34% - -
1990 51.6% 36.8% 28.3% 189.8%
1991 52.7% 37.8% 34.3% 182.4%
1992 54% 41.7% 34.2% 173.6%
1993 56.5% 48.2% 29.4% 171.9%
1994 55.9% 51.6% 30.3% 163%
1995 56% 57.8% 29.8% 152.6%
1996 56% 60.6% 27.7% 141.5%
1997 55.6% 62% 29% 147.6%
1998 54% 62.1% 28.8% 151.2%
1999 53.7% 61.4% 28% 147.7%
2000 52.6% 59.7% 27.4% 152.1%
2001 52.8% 59.3% 28% 144.5%
2002 53.9% 61.3% 28.5% 132.4%
2003 54.4% 65.4% 32.6% 133.4%
2004 54% 66.9% 31.3% 113%
2005 54.3% 68.2% 28.2% 50.7%
2006 53.7% 65.4% 26.3% 45%
2007 53.6% 65.5% 25.7% 42.7%
2008 54.3% 69.8% 22.9% 37.3%
2009 58% 84.1% 26.7% 31.2%
2010 57.7% 86.3% 28.6% 30%
2011 57% 88.7% - -
2012 57.9% 91.7% - -
2013 58.6% 94.5% - -
2014 58.4% 96.1% - -
2015 57.6% 96.9% - -
2016 57.4% 98.1% - -
2017 57.7% 98.7% - -
2018 56.4% 98.5% - -
2019 55.3% 98.1% - -
2020 61.7% 114.8% - -
2021 59.5% 112.7% - -
2022 58.4% 111.3% - -
2023 56.9% 109.7% - -
2024 57.2% 113.1% - -
2025 57.3% 116.3% - -

Government deficit by year

In 2010, France's government deficit, the difference between spending and revenue, was -$189B, equivalent to -7.16% of GDP. This compares to Syria's deficit of -$4.78B, or -7.79% of GDP.

Over the past 21 years, France recorded a fiscal deficit in 21 of those years, while Syria ran a deficit in 20 years. On average, France posted an annual deficit equal to -3.77% of GDP, compared to deficit of -3.4% of GDP for Syria.

Deficit/surplus
France

Syria
Year Deficit/surplus, % of GDP
France Syria
1880 0.65% -
1881 0.64% -
1882 -0.15% -
1883 -0.23% -
1884 -0.35% -
1885 -0.59% -
1886 -0.5% -
1887 -0.07% -
1888 0.18% -
1889 0.09% -
1890 0.31% -
1891 0.36% -
1892 -0.03% -
1893 -0.3% -
1894 -0.08% -
1895 -0.07% -
1896 -0.03% -
1897 0.01% -
1898 0.29% -
1899 0.21% -
1900 0.21% -
1901 -0.39% -
1902 -0.37% -
1903 0.21% -
1904 0.3% -
1905 0.18% -
1906 -0.04% -
1907 0.23% -
1908 -0.15% -
1909 -0.11% -
1910 -0.12% -
1911 0.31% -
1912 0.23% -
1913 0.05% -
1914 0.05% -
1915 0.05% -
1916 0.05% -
1917 0.05% -
1918 0.05% -
1919 -2.65% -
1920 6.6% -
1921 4.63% -
1922 2.42% -
1923 1.85% -
1924 2.11% -
1925 -0.87% -
1926 -0.02% -
1927 -0.04% -
1928 1.13% -
1929 1.48% -
1930 -1.65% -
1931 -2.06% -
1932 -1.86% -
1933 -4.96% -
1934 -4.31% -
1935 -4.22% -
1936 -4.76% -
1937 -6.89% -
1938 -6.89% -
1939 -6.89% -
1940 -6.89% -
1941 -6.89% -
1942 -6.89% -
1943 -6.89% -
1944 -6.89% -
1945 -6.89% -
1946 -8.1% -
1947 -7.6% -
1948 -9.11% -
1949 -7.31% -
1950 -5.56% -
1951 -4.42% -
1952 -6.82% -
1953 -4.79% -
1954 -0.78% -
1955 -1.04% -
1956 -2.62% -
1957 -1.99% -
1958 0.08% -
1959 0.56% -
1960 -1.95% -
1961 -1.36% -
1962 -1.53% -
1963 -2.24% -
1964 -0.25% -
1965 -0.07% -
1966 -0.57% -
1967 -0.8% -
1968 -2.54% -
1969 -0.49% -
1970 0.02% -
1971 -0.13% -
1972 1.94% -
1973 1.97% -
1974 3.05% -
1975 -0.28% -
1976 1.01% -
1977 0.9% -
1978 -1.73% -
1979 -0.36% -
1980 -0.27% -
1981 -2.39% -
1982 -2.91% -
1983 -2.58% -
1984 -2.8% -
1985 -3.08% -
1986 -3.3% -
1987 -2.13% -
1988 -2.7% -
1989 -1.9% -
1990 -2.45% -3.92%
1991 -2.89% -6.57%
1992 -4.64% -7.26%
1993 -6.4% -4.96%
1994 -5.46% -6%
1995 -5.11% -3.81%
1996 -3.89% -2.83%
1997 -3.71% -1.78%
1998 -2.39% -2.81%
1999 -1.55% -1.47%
2000 -1.32% -1.36%
2001 -1.42% 2.3%
2002 -3.18% -2.02%
2003 -4.09% -2.7%
2004 -3.55% -4.18%
2005 -3.5% -4.41%
2006 -2.66% -1.12%
2007 -2.99% -2.99%
2008 -3.5% -2.86%
2009 -7.38% -2.89%
2010 -7.16% -7.79%
2011 -5.3% -
2012 -5.17% -
2013 -4.94% -
2014 -4.57% -
2015 -3.89% -
2016 -3.76% -
2017 -3.36% -
2018 -2.32% -
2019 -2.39% -
2020 -8.93% -
2021 -6.58% -
2022 -4.74% -
2023 -5.45% -
2024 -5.79% -
2025 -5.46% -

Inflation comparison by year

Over the past 24 years, France has recorded an average annual inflation rate of 1.37%, compared with 11.3% in Syria. In 2019, inflation was 2% in France and 13.4% in Syria.

Inflation
France

Syria
Year Inflation
France Syria France Syria
1996 1.98% 8.25%
1997 1.2% 1.89%
1998 0.65% -0.8%
1999 0.54% -3.7%
2000 1.68% -3.85%
2001 1.63% 3%
2002 1.92% -0.13%
2003 2.1% 5.8%
2004 2.14% 4.43%
2005 1.75% 7.24%
2006 1.68% 10%
2007 1.49% 3.91%
2008 2.81% 15.7%
2009 0.09% 2.92%
2010 1.53% 4.4%
2011 2.11% 4.75%
2012 1.95% 36.7%
2013 0.86% 40%
2014 0.51% 10.9%
2015 0.04% 38.5%
2016 0.18% 47.7%
2017 1.03% 18.1%
2018 1.85% 0.94%
2019 1.11% 13.4%
2020 0.48% -
2021 1.64% -
2022 5.22% -
2023 4.88% -
2024 2% -

Top exports between countries

France
Export category Export value
Chemicals & pharma $19.3M
Processed food, beverages & tobacco $7.36M
Raw agricultural goods $5.54M
Machinery & equipment $1.56M
Animal & marine products $1.4M
Raw materials & minerals $1.09M
Miscellaneous $1M
Textiles & consumer goods $459K
Metals $53K
Wood & paper products $28K
Syria
Export category Export value
Raw materials & minerals $467M
Textiles & consumer goods $11.2M
Chemicals & pharma $3.33M
Processed food, beverages & tobacco $1.39M
Raw agricultural goods $1.01M
Machinery & equipment $516K
Metals $387K
Wood & paper products $318K
Miscellaneous $56K
Precious metals & jewellery $36K

Balance of trade

France Syria
Current account balance
$2.69B
2024
-$367M
2010
Current account balance ranking
39/189
2024
100/189
2010
Current account balance, % of GDP
+0.09%
2024
-0.6%
2010
Goods imports
$733B
2024
$15.9B
2010
Goods exports
$668B
2024
$12.3B
2010
Service imports
$341B
2024
$3.53B
2010
Service exports
$403B
2024
$7.33B
2010
Imports of goods and services, % of GDP
34%
2024
28.8%
2022
Exports of goods and services, % of GDP
33.2%
2024
6.81%
2022

Economic freedom indices

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

France Syria
Economic freedom 64.4 51.2
Economic freedom ranking 69/197 155/197
Property rights 92.9 2.6
Government integrity 74.3 3.3
Judicial effectiveness 84.2 3.7
Tax burden 54.3 86.2
Government spending 0 78.5
Fiscal health 30 13.8
Business freedom 81.9 35
Labor freedom 60.2 46.5
Monetary freedom 70.3 60.6
Trade freedom 79.6 47
Investment freedom 75 0
Financial freedom 70 20

Economic freedom by year comparison

The Economic Freedom Index for France is 64.4, ranking 69/197, compared to 51.2 for Syria, ranking 155/197. The chart below displays a comparison of annual changes in economic freedom indexes.

France
Syria
Year Economic freedom index
France Syria
1995 64.4 -
1996 63.7 42.3
1997 59.1 43
1998 58.9 42.2
1999 59.1 39
2000 57.4 37.2
2001 58 36.6
2002 58 36.3
2003 59.2 41.3
2004 60.9 40.6
2005 60.5 46.3
2006 61.1 51.2
2007 62.1 48.3
2008 64.7 47.2
2009 63.3 51.3
2010 64.2 49.4
2011 64.6 51.3
2012 63.2 51.2
2013 64.1 -
2014 63.5 -
2015 62.5 -
2016 62.3 -
2017 63.3 -
2018 63.9 -
2019 63.8 -
2020 66 -
2021 65.7 -
2022 65.9 -
2023 63.6 -
2024 62.5 -
2025 64.4 -

More economic indicators

France Syria
Services, % of GDP
70.4%
2024
44.9%
2022
Industry, % of GDP
17.5%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
1.43%
2024
43.1%
2022
GNI, Atlas method
$3.1T
2024
$18.2B
2023
GNI per capita, PPP
$62,620
2024
$4,480
2023
Total reserves including gold
$283B
2024
$20.6B
2010
Total reserves ranking
13/177
2024
62/177
2010
Net foreign direct investment
-$10.3B
2024
-$1.47B
2010
Net inflows of foreign direct investment
$52.1B
2024
$804M
2011
Net outflows of foreign direct investment
$41.7B
2024
$0
1989
Servicing debt to the IMF, % of GNI
n/a
0.15%
2023
Poverty at national poverty lines
15.6%
2021
35.2%
2007
Gross capital formation, % of GDP
21.9%
2024
16%
1969

GDP per capita map

GDP per capita

Compare countries by 7 more topics

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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.