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Economy of Germany vs Kenya compared: GDP & Debt

Updated on by Georank team

Germany has a GDP of $4.69T compared to $120B for Kenya, ranking 3/197 and 64/197 by economy size, respectively.

Germany has $2.97T in government debt (63.5% of GDP), compared to $81B (67.3% of GDP) in Kenya.

Germany vs Kenya GDP by year

Germany
Kenya
1x
Year GDP, current $
Germany Kenya
2024 $4,685,592,577,805 $120,339,557,906
2023 $4,562,207,532,490 $107,500,884,685
2022 $4,201,021,706,479 $114,448,978,153
2021 $4,355,251,953,411 $109,703,658,905
2020 $3,941,398,957,074 $100,657,505,751
2019 $3,959,894,794,039 $100,378,436,207
2018 $4,055,433,215,302 $92,202,979,985
2017 $3,765,351,626,106 $82,036,510,877
2016 $3,536,787,895,179 $74,815,144,164
2015 $3,425,099,578,746 $70,120,446,897
2014 $3,964,870,735,761 $68,285,796,514
2013 $3,807,023,797,051 $61,671,440,408
2012 $3,596,483,233,406 $56,396,704,672
2011 $3,823,575,803,794 $46,869,473,151
2010 $3,467,093,769,667 $45,405,615,064
2009 $3,478,545,516,684 $42,347,217,913
2008 $3,808,197,720,125 $35,895,153,328
2007 $3,484,056,680,855 $31,958,195,182
2006 $3,046,308,753,671 $25,825,512,284
2005 $2,893,393,187,362 $18,737,895,513
2004 $2,852,317,768,062 $16,095,337,094
2003 $2,534,715,518,349 $14,904,517,650
2002 $2,102,350,798,306 $13,147,736,899
2001 $1,966,381,496,642 $12,986,007,426
2000 $1,966,980,701,145 $12,705,350,098
1999 $2,213,873,468,587 $12,896,010,459
1998 $2,247,760,364,566 $14,093,998,844
1997 $2,218,790,886,533 $13,115,764,358
1996 $2,506,576,553,158 $12,045,865,396
1995 $2,593,053,091,306 $9,046,320,255
1994 $2,215,282,632,277 $7,148,148,564
1993 $2,078,954,217,438 $5,751,786,643
1992 $2,141,377,582,968 $8,209,120,763
1991 $1,875,792,575,133 $8,151,488,783
1990 $1,778,162,195,860 $8,572,359,038
1989 $1,404,092,925,205 $8,283,114,514
1988 $1,406,367,016,372 $8,355,380,879
1987 $1,302,932,318,825 $7,970,820,369
1986 $1,050,092,624,516 $7,239,126,568
1985 $735,218,723,093 $6,135,034,214
1984 $727,767,760,979 $6,191,437,070
1983 $773,507,930,295 $5,979,198,314
1982 $779,421,633,755 $6,431,579,357
1981 $803,404,797,058 $6,854,491,706
1980 $953,772,499,462 $7,265,315,820
1979 $884,574,218,333 $6,234,391,113
1978 $743,182,891,918 $5,303,735,111
1977 $602,698,323,086 $4,494,378,764
1976 $521,658,712,133 $3,474,542,392
1975 $492,434,094,920 $3,259,345,083
1974 $446,934,971,657 $2,969,958,812
1973 $399,833,571,167 $2,509,001,324
1972 $300,899,944,795 $2,107,279,157
1971 $250,900,942,397 $1,778,391,289
1970 $216,629,229,947 $1,603,447,359
1969 $177,733,486,326 $1,458,379,417
1968 $156,527,292,653 $1,353,295,459
1967 $145,100,667,773 $1,232,559,507
1966 $143,304,275,684 $1,164,519,674
1965 $134,774,688,191 $997,919,321
1964 $123,330,404,665 $998,759,334
1963 $112,232,503,744 $926,589,349
1962 $105,895,435,234 $868,111,401
1961 $96,558,204,043 $792,959,473
1960 $84,619,845,881 $791,265,459

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

GeoRank.org/economy/germany/kenya | CC BY

GDP per capita in Germany vs Kenya by year

Germany
GDP per capita

GDP per capita, PPP
Kenya
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Kenya
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $56,104 $73,552 $2,132 $6,644
2023 $54,777 $71,684 $1,943 $6,317
2022 $50,507 $69,049 $2,110 $5,883
2021 $52,349 $62,531 $2,061 $5,339
2020 $47,395 $58,686 $1,928 $4,793
2019 $47,656 $59,271 $1,960 $4,687
2018 $48,916 $56,273 $1,836 $4,412
2017 $45,554 $54,110 $1,667 $4,177
2016 $42,949 $51,570 $1,554 $3,917
2015 $41,930 $48,545 $1,489 $3,678
2014 $48,960 $47,939 $1,483 $3,359
2013 $47,207 $45,889 $1,371 $3,106
2012 $44,718 $44,229 $1,285 $2,847
2011 $47,631 $43,398 $1,096 $2,750
2010 $42,397 $39,726 $1,092 $2,635
2009 $42,472 $37,574 $1,048 $2,480
2008 $46,379 $38,444 $916 $2,459
2007 $42,351 $36,914 $840 $2,481
2006 $36,980 $34,741 $700 $2,330
2005 $35,084 $32,314 $523 $2,189
2004 $34,567 $31,753 $464 $2,066
2003 $30,711 $30,301 $443 $1,975
2002 $25,487 $29,514 $403 $1,940
2001 $23,878 $28,674 $411 $1,961
2000 $23,926 $27,474 $415 $1,907
1999 $26,965 $26,518 $434 $1,910
1998 $27,396 $25,446 $488 $1,895
1997 $27,047 $24,649 $467 $1,865
1996 $30,600 $24,169 $441 $1,875
1995 $31,747 $23,631 $340 $1,818
1994 $27,202 $22,869 $276.4 $1,754
1993 $25,617 $21,900 $229 $1,723
1992 $26,560 $21,746 $337 $1,728
1991 $23,443 $21,001 $345 $1,756
1990 $22,386 $19,468 $374 $1,729
1989 $17,829 - $374 -
1988 $17,997 - $391 -
1987 $16,739 - $387 -
1986 $13,511 - $364 -
1985 $9,464 - $320 -
1984 $9,347 - $334 -
1983 $9,900 - $335 -
1982 $9,950 - $374 -
1981 $10,246 - $413 -
1980 $12,183 - $454 -
1979 $11,322 - $403 -
1978 $9,517 - $355 -
1977 $7,711 - $311 -
1976 $6,659 - $248.9 -
1975 $6,259 - $241.2 -
1974 $5,660 - $227.2 -
1973 $5,065 - $198.6 -
1972 $3,824 - $172.6 -
1971 $3,204 - $150.9 -
1970 $2,771 - $141 -
1969 $2,281 - $133.3 -
1968 $2,025 - $128.7 -
1967 $1,886 - $121.9 -
1966 $1,871 - $119.8 -
1965 $1,774 - $106.9 -
1964 $1,637 - $111.3 -
1963 $1,502 - $107.4 -
1962 $1,431 - $104.6 -
1961 $1,316 - $99.3 -
1960 $1,162 - $102.8 -

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

GeoRank.org/economy/germany/kenya | CC BY

Germany's GDP per capita is $56,104, ranking 19/197, compared to $2,132 in Kenya, ranking 154/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Kenya ranks 149th at $6,644.

Economic indicators

Germany Kenya
Gross domestic product
$4.69T
2024
$120B
2024
GDP rank
3/197
2024
64/197
2024
GDP growth
-0.5%
2023-2024
4.72%
2023-2024
GDP per capita
$56,104
2024
$2,132
2024
GDP per capita rank
19/197
2024
154/197
2024
GDP per capita, PPP
$73,552
2024
$6,644
2024
GDP per capita PPP rank
20/197
2024
149/197
2024
Government debt
$2.97T
2024
$81B
2024
Debt-to-GDP ratio
63.5%
2024
67.3%
2024
Government debt per person
$35,606
2024
$1,436
2024
Government debt per person rank
21/185
2024
133/185
2024
Average annual personal income after taxes
$41,775
2026
$3,229
2026
Market capitalization of domestic companies
$2.04T
2024
$15B
2024
Number of millionaires
2,675,000
2025
n/a
Number of billionaires
171
2025
n/a
Income share by richest 10%
25%
2020
30.1%
2022
Income share by poorest 10%
2.9%
2020
2.9%
2022
Government expenditure, % of GDP
49.4%
2024
23.3%
2024
Consumer prices inflation
2.26%
2023-2024
4.49%
2023-2024
Central bank interest rate n/a
9.25%
2025
Unemployment rate
3.37%
2024
5.44%
2022
Population
82575542
58955623

Spending and national debt comparison by year

Germany
Spending

Debt
Kenya
Spending

Debt
1x
Year % of GDP
Germany Kenya
Government spending Government debt Government spending Government debt
2024 49.4% 63.5% 23.3% 67.3%
2023 48.1% 62.4% 22.7% 73.4%
2022 48.6% 64.4% 23.2% 67.8%
2021 50.7% 68% 24% 68.2%
2020 51.1% 68% 24.8% 68%
2019 45.5% 58.7% 24.4% 59.1%
2018 44.7% 60.8% 24.5% 56.4%
2017 44.5% 64% 25.2% 53.9%
2016 44.7% 68.3% 25.4% 50.4%
2015 44.5% 71.2% 23.8% 45.8%
2014 44.5% 74.5% 23.4% 41.3%
2013 45.2% 77.5% 23.2% 39.8%
2012 45.1% 79.8% 22.1% 37.6%
2011 45.3% 78.5% 20.1% 35.7%
2010 48.1% 81% 21.5% 36.7%
2009 48.3% 72.4% 20.3% 36%
2008 44.4% 65.2% 18.9% 34.3%
2007 43.5% 63.7% 18.1% 34.2%
2006 45.3% 66.4% 17.3% 37.1%
2005 46.9% 67.1% 16.2% 37.4%
2004 47% 65% 15.4% 40.8%
2003 48.5% 63.3% 16% 43.8%
2002 48.2% 59.8% 15.7% 42%
2001 47.7% 58.1% 14.9% 41.3%
2000 48.1% 59.2% 14.1% 43.1%
1999 48.5% 60.3% 13.7% 38.4%
1998 48.3% 59.4% 15.3% 38.5%
1997 48.8% 58.8% 15.6% 36%
1996 49.6% 57.7% 15.2% 40.5%
1995 55.2% 54.9% 17.3% 52.1%
1994 48.3% 47.5% 18.8% 57%
1993 48.3% 45.1% 18.9% 61.6%
1992 47.4% 41.4% 17.6% 41.2%
1991 46.5% 39% 16.4% 43%
1990 44.7% 40.7% 17.2% 37.6%
1989 44.3% 39.2% 16.3% 33.4%
1988 45.6% 40.5% 15.9% 33.9%
1987 46% 40.1% 15.5% 36.3%
1986 45.7% 39.1% 15.3% 31.3%
1985 46.6% 39.2% 15.6% 28.8%
1984 47.2% 38.7% 14.9% 25.6%
1983 47.9% 38% 14.6% 26.1%
1982 49.1% 36.4% 16.2% 26.9%
1981 49% 33.6% - -
1980 48.2% 30.1% - -
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - -
1976 49.4% 25.1% - -
1975 50.3% 23.7% - -
1974 46% 18.5% - -
1973 42.4% 17.3% - -
1972 41.8% 18% - -
1971 40.9% 17.7% - -
1970 39.5% 17.7% - -
1969 29.7% 20.3% - -
1968 28.5% 22.5% - -
1967 28.8% 22.5% - -
1966 28.3% 19.8% - -
1965 28.4% 18.7% - -
1964 29% 18.2% - -
1963 29.1% 18.1% - -
1962 29.2% 17.6% - -
1961 28.8% 18.7% - -
1960 22.9% 18.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-02-20).

GeoRank.org/economy/germany/kenya | CC BY

In 2024, Germany's government spending was $2.32T, accounting for 49.4% of its GDP, while Kenya spent $28B, or 23.3% of GDP.

Debt-to-GDP ratio is 63.5% in Germany and 67.3% in Kenya, ranking 72/185 and 64/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Kenya
1x
Year Deficit/surplus, % of GDP
Germany Kenya
2024 -2.66% -5.77%
2023 -2.49% -5.71%
2022 -1.91% -6.06%
2021 -3.17% -7.2%
2020 -4.38% -8.13%
2019 1.33% -7.42%
2018 1.88% -6.94%
2017 1.34% -7.4%
2016 1.13% -7.47%
2015 0.91% -6.68%
2014 0.73% -5.75%
2013 0.12% -5.25%
2012 -0.05% -5.29%
2011 -0.84% -3.64%
2010 -4.42% -3.67%
2009 -3.18% -3.12%
2008 -0.26% -1.95%
2007 0.15% -0.95%
2006 -1.76% -0.43%
2005 -3.37% -0.19%
2004 -3.42% 0.5%
2003 -3.83% -0.73%
2002 -4.09% -1.29%
2001 -3.12% -0.53%
2000 -1.71% 0.38%
1999 -1.87% 0.84%
1998 -2.65% -0.03%
1997 -3.03% -0.91%
1996 -3.64% -0.49%
1995 -9.44% -0.23%
1994 -2.54% -4.14%
1993 -3.11% -8.57%
1992 -2.63% -8.28%
1991 -3.21% -6.56%
1990 -1.94% -3.28%
1989 0.08% -2.39%
1988 -2.02% -1.97%
1987 -1.85% -2.27%
1986 -1.18% -2.98%
1985 -1.18% -3.05%
1984 -2.04% -2.55%
1983 -2.95% -2.17%
1982 -3.56% -3.07%
1981 -4.03% -
1980 -3.02% -
1979 -2.71% -
1978 -2.62% -
1977 -2.56% -
1976 -3.5% -
1975 -5.78% -
1974 -1.69% -
1973 1.14% -
1972 -0.37% -
1971 0.16% -
1970 0.53% -
1969 -0.43% -
1968 1.39% -
1967 2.73% -
1966 1.76% -
1965 2.26% -
1964 1.49% -
1963 1.43% -
1962 0.49% -
1961 -0.12% -
1960 -0.34% -
1959 0.77% -
1958 1.77% -
1957 1.99% -
1956 0.59% -
1955 -1.41% -
1954 -0.37% -
1953 -0.13% -
1952 0% -
1951 1.15% -
1950 1.81% -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 -0.64% -
1933 -0.43% -
1932 -1.11% -
1931 -1.03% -
1930 -1.52% -
1929 -0.9% -
1928 -1.47% -
1927 -0.44% -
1926 -1.3% -
1925 0.34% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.007% -
1912 -0.26% -
1911 0.06% -
1910 -0.21% -
1909 0.11% -
1908 -0.11% -
1907 -0.14% -
1906 0.76% -
1905 1.21% -
1904 0.41% -
1903 0.88% -
1902 0.08% -
1901 0.91% -
1900 0.27% -
1899 0.6% -
1898 0.47% -
1897 0.39% -
1896 0.63% -
1895 0.47% -
1894 0.44% -
1893 0.42% -
1892 -0.24% -
1891 1.18% -
1890 0.12% -
1889 1.16% -
1888 0.62% -
1887 0.88% -
1886 0.23% -
1885 0.21% -
1884 0.23% -
1883 0.55% -
1882 0.41% -
1881 0.12% -
1880 -0.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/germany/kenya | CC BY

In 2024, Germany's government deficit, the difference between spending and revenue, was $125B, equivalent to 2.66% of GDP. This compares to Kenya's deficit of $6.94B, or 5.77% of GDP.

Over the past 43 years, Germany recorded a fiscal deficit in 34 of those years, while Kenya ran a deficit in 40 years. On average, Germany posted an annual deficit equal to 2% of GDP, compared to deficit of 3.55% of GDP for Kenya.

Inflation comparison by year

Inflation
Germany

Kenya
1x
Year Consumer prices inflation
Germany Kenya
2024 2.26% 4.49%
2023 5.95% 7.67%
2022 6.87% 7.66%
2021 3.07% 6.11%
2020 0.14% 5.41%
2019 1.45% 5.24%
2018 1.73% 4.69%
2017 1.51% 8.01%
2016 0.49% 6.3%
2015 0.51% 6.58%
2014 0.91% 6.88%
2013 1.5% 5.72%
2012 2.01% 9.38%
2011 2.08% 14%
2010 1.1% 3.96%
2009 0.31% 9.23%
2008 2.63% 26.2%
2007 2.3% 9.76%
2006 1.58% 14.5%
2005 1.55% 10.3%
2004 1.67% 11.6%
2003 1.03% 9.82%
2002 1.42% 1.96%
2001 1.98% 5.74%
2000 1.44% 9.98%
1999 0.59% 5.74%
1998 0.91% 6.72%
1997 1.94% 11.4%

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

GeoRank.org/economy/germany/kenya | CC BY

Over the past 28 years, Germany has recorded an average annual inflation rate of 1.82%, compared with 8.39% in Kenya. In 2024, inflation was 2.26% in Germany and 4.49% in Kenya.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $126M
Chemicals & pharma $71.5M
Raw agricultural goods $27.9M
Miscellaneous $17.1M
Processed food, beverages & tobacco $16.9M
Wood & paper products $15.5M
Textiles & consumer goods $8.99M
Raw materials & minerals $8.34M
Metals $7.15M
Animal & marine products $1.1M
Kenya
Export category Export value
Raw agricultural goods $118M
Processed food, beverages & tobacco $16.7M
Textiles & consumer goods $4.76M
Raw materials & minerals $2.39M
Machinery & equipment $1.01M
Chemicals & pharma $474K
Precious metals & jewellery $376K
Animal & marine products $318K
Wood & paper products $157K
Metals $26K

Balance of trade

Germany Kenya
Current account balance
$270B
2024
-$1.55B
2024
Current account balance ranking
2/190
2024
134/190
2024
Current account balance, % of GDP
+5.77%
2024
-1.29%
2024
Goods imports
$1.21T
2024
$22.2B
2024
Goods exports
$1.47T
2024
$12.5B
2024
Service imports
$548B
2024
$5.64B
2024
Service exports
$470B
2024
$8.04B
2024
Imports of goods and services, % of GDP
37.7%
2024
23.1%
2024
Exports of goods and services, % of GDP
41.4%
2024
17.1%
2024

Economic freedom indices

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

Germany Kenya
Economic freedom 71.7 55.5
Economic freedom ranking 30/197 128/197
Property rights 95.5 40.2
Government integrity 84.5 32.7
Judicial effectiveness 94.6 47
Tax burden 60.5 76.3
Government spending 28.8 84.1
Fiscal health 83.1 36.2
Business freedom 79.8 61.5
Labor freedom 52.2 56.5
Monetary freedom 72.5 75.1
Trade freedom 79.4 52
Investment freedom 60 55
Financial freedom 70 50

Economic freedom comparison by year

Germany
Kenya
1x
Year Economic freedom index
Germany Kenya
2026 71.7 55.5
2025 71.6 54.8
2024 72.1 53.6
2023 73.7 52.5
2022 76.1 52.6
2021 72.5 54.9
2020 73.5 55.3
2019 73.5 55.1
2018 74.2 54.7
2017 73.8 53.5
2016 74.4 57.5
2015 73.8 55.6
2014 73.4 57.1
2013 72.8 55.9
2012 71 57.5
2011 71.8 57.4
2010 71.1 57.5
2009 70.5 58.7
2008 70.6 59.3
2007 70.8 59.6
2006 70.8 59.7
2005 68.1 57.9
2004 69.5 57.7
2003 69.7 58.6
2002 70.4 58.2
2001 69.5 57.6
2000 65.7 59.7
1999 65.6 58.2
1998 64.3 58.4
1997 67.5 60.1
1996 69.1 56.4
1995 69.8 54.5

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

GeoRank.org/economy/germany/kenya | CC BY

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 55.5 for Kenya, ranking 128/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Kenya
Services, % of GDP
64%
2024
55.3%
2024
Industry, % of GDP
25.6%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
0.91%
2024
22.5%
2024
GNI, Atlas method
$4.6T
2024
$118B
2024
GNI per capita, PPP
$76,180
2024
$6,540
2024
Total reserves including gold
$378B
2024
$10.1B
2024
Total reserves ranking
10/177
2024
75/177
2024
Net foreign direct investment
$32.6B
2024
-$45.8M
2024
Net inflows of foreign direct investment
$47.6B
2024
$463M
2024
Net outflows of foreign direct investment
$80.2B
2024
$418M
2024
Servicing debt to the IMF, % of GNI n/a
4.79%
2024
Poverty at national poverty lines
14.8%
2021
39.8%
2022
Gross capital formation, % of GDP
21.5%
2024
16.8%
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).

GeoRank.org/economy/germany/kenya | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1997, 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 (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.