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Economy of Germany vs Tanzania compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $90.1B for Tanzania, ranking 3/197 and 83/197 by economy size, respectively.

Germany has $3.18T in government debt (62.9% of GDP), compared to $44.8B (49.7% of GDP) in Tanzania.

Germany vs Tanzania GDP by year

Germany
Tanzania
1x
Year GDP, current $
Germany Tanzania
2025 $5,050,922,925,047 $90,143,496,090
2024 $4,685,592,577,805 $79,235,713,445
2023 $4,562,207,532,490 $79,030,935,638
2022 $4,201,021,706,479 $75,749,121,847
2021 $4,355,251,953,411 $70,655,628,148
2020 $3,941,398,957,074 $66,068,737,786
2019 $3,959,894,794,039 $61,026,731,926
2018 $4,055,433,215,302 $57,003,712,892
2017 $3,765,351,626,106 $53,274,884,533
2016 $3,536,787,895,179 $49,774,409,374
2015 $3,425,099,578,746 $47,413,919,817
2014 $3,964,870,735,761 $49,986,726,461
2013 $3,807,023,797,051 $45,648,857,242
2012 $3,596,483,233,406 $39,650,394,363
2011 $3,823,575,803,794 $34,657,140,096
2010 $3,467,093,769,667 $32,012,892,919
2009 $3,478,545,516,684 $29,400,573,554
2008 $3,808,197,720,125 $27,947,821,398
2007 $3,484,056,680,855 $21,860,434,823
2006 $3,046,308,753,671 $18,619,859,795
2005 $2,893,393,187,362 $18,395,383,647
2004 $2,852,317,768,062 $16,673,062,473
2003 $2,534,715,518,349 $15,211,487,709
2002 $2,102,350,798,306 $14,129,651,896
2001 $1,966,381,496,642 $13,563,990,022
2000 $1,966,980,701,145 $13,371,767,082
1999 $2,213,873,468,587 $12,704,334,196
1998 $2,247,760,364,566 $12,172,790,056
1997 $2,218,790,886,533 $11,158,197,942
1996 $2,506,576,553,158 $9,433,528,150
1995 $2,593,053,091,306 $7,631,431,840
1994 $2,215,282,632,277 $6,550,480,484
1993 $2,078,954,217,438 $6,182,872,708
1992 $2,141,377,582,968 $6,681,997,469
1991 $1,875,792,575,133 $7,197,768,159
1990 $1,778,162,195,860 $6,184,384,225
1989 $1,404,092,925,205 $6,418,799,007
1988 $1,406,367,016,372 $7,406,614,407
1987 $1,302,932,318,825 $7,824,193,222
1986 $1,050,092,624,516 $10,840,864,521
1985 $735,218,723,093 $15,328,295,175
1984 $727,767,760,979 $12,906,635,133
1983 $773,507,930,295 $14,049,883,809
1982 $779,421,633,755 $13,927,383,240
1981 $803,404,797,058 $13,161,540,378
1980 $953,772,499,462 $11,409,228,087
1979 $884,574,218,333 $9,804,637,491
1978 $743,182,891,918 $9,261,675,710
1977 $602,698,323,086 $7,732,598,995
1976 $521,658,712,133 $6,472,511,988
1975 $492,434,094,920 $5,729,917,840
1974 $446,934,971,657 $4,977,337,978
1973 $399,833,571,167 $4,144,104,535
1972 $300,899,944,795 $3,472,787,266
1971 $250,900,942,397 $3,050,673,517
1970 $216,629,229,947 $2,851,419,386
1969 $177,733,486,326 $5,142,066,811
1968 $156,527,292,653 $4,895,251,824
1967 $145,100,667,773 $4,565,132,048
1966 $143,304,275,684 $4,377,998,825
1965 $134,774,688,191 $3,817,226,546
1964 $123,330,404,665 $3,748,840,925
1963 $112,232,503,744 $3,456,579,293
1962 $105,895,435,234 $3,101,589,993
1961 $96,558,204,043 $2,826,179,031
1960 $84,619,845,881 $2,651,729,807

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

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

GDP per capita in Germany vs Tanzania by year

Germany
GDP per capita

GDP per capita, PPP
Tanzania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Tanzania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - $1,278 -
2024 $56,104 $73,552 $1,156 $4,221
2023 $54,777 $71,684 $1,186 $4,019
2022 $50,507 $69,049 $1,171 $3,800
2021 $52,349 $62,531 $1,125 $3,493
2020 $47,395 $58,686 $1,084 $3,291
2019 $47,656 $59,271 $1,031 $2,982
2018 $48,916 $56,273 $992 $2,728
2017 $45,554 $54,110 $957 $2,472
2016 $42,949 $51,570 $925 $2,435
2015 $41,930 $48,545 $911 $2,317
2014 $48,960 $47,939 $993 $2,221
2013 $47,207 $45,889 $935 $2,176
2012 $44,718 $44,229 $837 $2,083
2011 $47,631 $43,398 $753 $2,211
2010 $42,397 $39,726 $715 $2,069
2009 $42,472 $37,574 $674 $1,972
2008 $46,379 $38,444 $657 $1,908
2007 $42,351 $36,914 $528 $1,820
2006 $36,980 $34,741 $462 $1,707
2005 $35,084 $32,314 $469 $1,598
2004 $34,567 $31,753 $438 $1,482
2003 $30,711 $30,301 $410 $1,379
2002 $25,487 $29,514 $391 $1,302
2001 $23,878 $28,674 $385 $1,229
2000 $23,926 $27,474 $390 $1,164
1999 $26,965 $26,518 $382 $1,120
1998 $27,396 $25,446 $375 $1,082
1997 $27,047 $24,649 $353 $1,059
1996 $30,600 $24,169 $305 $1,026
1995 $31,747 $23,631 $251.2 $981
1994 $27,202 $22,869 $222.5 $958
1993 $25,617 $21,900 $218.2 $959
1992 $26,560 $21,746 $243.4 $955
1991 $23,443 $21,001 $268.8 $952
1990 $22,386 $19,468 $236.9 $925
1989 $17,829 - $252.3 -
1988 $17,997 - $299 -
1987 $16,739 - $326 -
1986 $13,511 - $466 -
1985 $9,464 - $681 -
1984 $9,347 - $593 -
1983 $9,900 - $667 -
1982 $9,950 - $683 -
1981 $10,246 - $665 -
1980 $12,183 - $595 -
1979 $11,322 - $527 -
1978 $9,517 - $515 -
1977 $7,711 - $446 -
1976 $6,659 - $387 -
1975 $6,259 - $355 -
1974 $5,660 - $320 -
1973 $5,065 - $276.1 -
1972 $3,824 - $239.8 -
1971 $3,204 - $218.4 -
1970 $2,771 - $211.3 -
1969 $2,281 - $394 -
1968 $2,025 - $388 -
1967 $1,886 - $374 -
1966 $1,871 - $370 -
1965 $1,774 - $333 -
1964 $1,637 - $337 -
1963 $1,502 - $320 -
1962 $1,431 - $295.7 -
1961 $1,316 - $277.4 -
1960 $1,162 - $267.8 -

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

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

Germany's GDP per capita is $60,496, ranking 18/197, compared to $1,278 in Tanzania, ranking 171/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Tanzania ranks 165th at $4,221.

Economic indicators

Germany Tanzania
Gross domestic product
$5.05T
2025
$90.1B
2025
GDP rank
3/197
2025
83/197
2025
GDP growth
0.24%
2024-2025
5.85%
2024-2025
GDP per capita
$60,496
2025
$1,278
2025
GDP per capita rank
18/197
2025
171/197
2025
GDP per capita, PPP
$73,552
2024
$4,221
2024
GDP per capita PPP rank
20/197
2024
165/197
2024
Government debt
$3.18T
2025
$44.8B
2025
Debt-to-GDP ratio
62.9%
2025
49.7%
2025
Government debt per person
$38,071
2025
$635
2025
Government debt per person rank
21/185
2025
159/185
2025
Average annual personal income after taxes
$40,352
2026
$1,203
2026
Market capitalization of domestic companies
$2.9T
2025
$9.78B
2025
Number of millionaires
2,648,000
2026
n/a
Number of billionaires
212
2026
1
2026
Income share by richest 10%
26.2%
2022
33.1%
2018
Income share by poorest 10%
2.3%
2022
2.9%
2018
Government expenditure, % of GDP
50.5%
2025
19.9%
2025
Consumer prices inflation
2.17%
2024-2025
3.33%
2024-2025
Central bank interest rate n/a
5.75%
2025
Unemployment rate
3.8%
2025
2.43%
2024
Population
82830814
73639263

Spending and national debt comparison by year

Germany
Spending

Debt
Tanzania
Spending

Debt
1x
Year % of GDP
Germany Tanzania
Government spending Government debt Government spending Government debt
2025 50.5% 62.9% 19.9% 49.7%
2024 49.4% 62.2% 19.1% 49.9%
2023 48.1% 62.3% 19% 47.8%
2022 48.6% 64.4% 19.1% 44.9%
2021 50.7% 67.9% 18.4% 43.4%
2020 51.1% 68% 17.4% 41.3%
2019 45.5% 58.7% 17.3% 40.4%
2018 44.7% 60.8% 17.3% 42%
2017 44.5% 64% 16.4% 40.1%
2016 44.7% 68.3% 16.9% 39.8%
2015 44.5% 71.2% 17.2% 39.5%
2014 44.5% 74.5% 17.3% 36.4%
2013 45.2% 77.5% 18.8% 32.7%
2012 45.1% 79.8% 19.6% 30%
2011 45.3% 78.5% 19% 28.4%
2010 48.1% 81% 19.8% 27.6%
2009 48.3% 72.4% 19.6% 23.9%
2008 44.4% 65.2% 18.1% 21.6%
2007 43.5% 63.7% 17.8% 23.8%
2006 45.3% 66.4% 17.6% 17.4%
2005 46.9% 67.1% 18.3% 25.4%
2004 47% 65% 17% 44.5%
2003 48.5% 63.3% 15.4% 44.4%
2002 48.2% 59.8% 13.6% 47.4%
2001 47.7% 58.1% 12.4% 50.8%
2000 48.1% 59.2% 12.3% 55.4%
1999 48.5% 60.3% 12.8% 62.9%
1998 48.3% 59.4% 11.4% 62.2%
1997 48.8% 58.8% 12.8% 73.4%
1996 49.6% 57.7% 13.4% 89.6%
1995 55.2% 54.9% 15.6% 111.1%
1994 48.3% 47.5% 16.8% 126%
1993 48.3% 45.1% 16.4% 129.2%
1992 47.4% 41.4% 17.6% 117.6%
1991 46.5% 39% 14.2% 106.5%
1990 44.7% 40.7% - -
1989 44.3% 39.2% - -
1988 45.6% 40.5% - -
1987 46% 40.1% - -
1986 45.7% 39.1% - -
1985 46.6% 39.2% - -
1984 47.2% 38.7% - -
1983 47.9% 38% - -
1982 49.1% 36.4% - -
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 (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

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

In 2025, Germany's government spending was $2.55T, accounting for 50.5% of its GDP, while Tanzania spent $18B, or 19.9% of GDP.

Debt-to-GDP ratio is 62.9% in Germany and 49.7% in Tanzania, ranking 70/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Tanzania
1x
Year Deficit/surplus, % of GDP
Germany Tanzania
2025 -2.67% -3.04%
2024 -2.66% -3.03%
2023 -2.49% -3.67%
2022 -1.91% -3.92%
2021 -3.17% -3.55%
2020 -4.38% -2.56%
2019 1.33% -2.06%
2018 1.88% -2.01%
2017 1.34% -1.14%
2016 1.13% -2.08%
2015 0.91% -3.17%
2014 0.73% -2.91%
2013 0.12% -3.76%
2012 -0.05% -4%
2011 -0.84% -3.51%
2010 -4.42% -4.74%
2009 -3.18% -4.46%
2008 -0.26% -1.92%
2007 0.15% -1.44%
2006 -1.76% -3.38%
2005 -3.37% -3.28%
2004 -3.42% -2.43%
2003 -3.83% -1.77%
2002 -4.09% -0.73%
2001 -3.12% -0.41%
2000 -1.71% -0.73%
1999 -1.87% -1.14%
1998 -2.65% 0.13%
1997 -3.03% -0.03%
1996 -3.64% 1.57%
1995 -9.44% -2.12%
1994 -2.54% -3.74%
1993 -3.11% -2.02%
1992 -2.63% -4.96%
1991 -3.21% 0.6%
1990 -1.94% -
1989 0.08% -
1988 -2.02% -
1987 -1.85% -
1986 -1.18% -
1985 -1.18% -
1984 -2.04% -
1983 -2.95% -
1982 -3.56% -
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

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

In 2025, Germany's government deficit, the difference between spending and revenue, was $135B, equivalent to 2.67% of GDP. This compares to Tanzania's deficit of $2.74B, or 3.04% of GDP.

Over the past 35 years, Germany recorded a fiscal deficit in 27 of those years, while Tanzania ran a deficit in 32 years. On average, Germany posted an annual deficit equal to 2.05% of GDP, compared to deficit of 2.33% of GDP for Tanzania.

Inflation comparison by year

Inflation
Germany

Tanzania
1x
Year Consumer prices inflation
Germany Tanzania
2025 2.17% 3.33%
2024 2.26% 3.06%
2023 5.95% 3.8%
2022 6.87% 4.35%
2021 3.07% 3.69%
2020 0.14% 3.29%
2019 1.45% 3.46%
2018 1.73% 3.49%
2017 1.51% 5.32%
2016 0.49% 5.17%
2015 0.51% 5.59%
2014 0.91% 6.13%
2013 1.5% 7.87%
2012 2.01% 16%
2011 2.08% 12.7%
2010 1.1% 6.2%
2009 0.31% 12.1%
2008 2.63% 10.3%
2007 2.3% 7.03%
2006 1.58% 7.25%
2005 1.55% 5.03%
2004 1.67% 4.74%
2003 1.03% 5.3%
2002 1.42% 5.32%
2001 1.98% 5.15%
2000 1.44% 5.92%
1999 0.59% 7.89%
1998 0.91% 12.8%
1997 1.94% 16.1%

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

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

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.83%, compared with 6.84% in Tanzania. In 2025, inflation was 2.17% in Germany and 3.33% in Tanzania.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $135M
Chemicals & pharma $67.2M
Processed food, beverages & tobacco $29.3M
Raw agricultural goods $12.1M
Wood & paper products $8.38M
Miscellaneous $5.62M
Raw materials & minerals $4.62M
Textiles & consumer goods $3.5M
Metals $3.48M
Animal & marine products $1.32M
Tanzania
Export category Export value
Raw agricultural goods $41.6M
Processed food, beverages & tobacco $16.7M
Animal & marine products $1.56M
Textiles & consumer goods $1.33M
Machinery & equipment $951K
Chemicals & pharma $787K
Raw materials & minerals $471K
Metals $348K
Wood & paper products $315K
Precious metals & jewellery $175K

Balance of trade

Germany Tanzania
Current account balance
$228B
2025
-$2.38B
2024
Current account balance ranking
2/190
2025
144/190
2024
Current account balance, % of GDP
+4.51%
2025
-3%
2024
Goods imports
$1.32T
2025
$14.2B
2024
Goods exports
$1.53T
2025
$9.12B
2024
Service imports
$602B
2025
$2.8B
2024
Service exports
$518B
2025
$6.85B
2024
Imports of goods and services, % of GDP
38.1%
2025
20%
2025
Exports of goods and services, % of GDP
40.4%
2025
19%
2025

Economic freedom indices

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

Germany Tanzania
Economic freedom 71.7 59
Economic freedom ranking 30/197 106/197
Property rights 95.5 45.2
Government integrity 84.5 40.9
Judicial effectiveness 94.6 29.6
Tax burden 60.5 80.4
Government spending 28.8 89.1
Fiscal health 83.1 75
Business freedom 79.8 48.1
Labor freedom 52.2 62.3
Monetary freedom 72.5 73.4
Trade freedom 79.4 58.8
Investment freedom 60 55
Financial freedom 70 50

Economic freedom comparison by year

Germany
Tanzania
1x
Year Economic freedom index
Germany Tanzania
2026 71.7 59
2025 71.6 59.3
2024 72.1 59.1
2023 73.7 60
2022 76.1 59.5
2021 72.5 61.3
2020 73.5 61.7
2019 73.5 60.2
2018 74.2 59.9
2017 73.8 58.6
2016 74.4 58.5
2015 73.8 57.5
2014 73.4 57.8
2013 72.8 57.9
2012 71 57
2011 71.8 57
2010 71.1 58.3
2009 70.5 58.3
2008 70.6 56.5
2007 70.8 56.8
2006 70.8 58.5
2005 68.1 56.3
2004 69.5 60.1
2003 69.7 56.9
2002 70.4 58.3
2001 69.5 54.9
2000 65.7 56
1999 65.6 60
1998 64.3 59.6
1997 67.5 59.3
1996 69.1 57.5
1995 69.8 57.3

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

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

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 59 for Tanzania, ranking 106/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Tanzania
Services, % of GDP
64.5%
2025
28.8%
2025
Industry, % of GDP
25.2%
2025
29.8%
2025
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
22.9%
2025
GNI, Atlas method
$5.03T
2025
$87B
2025
GNI per capita, PPP
$78,140
2025
$4,370
2025
Total reserves including gold
$572B
2025
$5.05B
2018
Total reserves ranking
7/177
2025
106/177
2018
Net foreign direct investment
$12.9B
2025
-$1.72B
2024
Net inflows of foreign direct investment
$62.6B
2024
$1.72B
2024
Net outflows of foreign direct investment
$87B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
2.56%
2024
Poverty at national poverty lines
14.8%
2021
26.4%
2018
Gross capital formation, % of GDP
21.9%
2025
40.7%
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/germany/tanzania | 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 (1991–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, 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 (2024–2025, 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.