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Economy of Germany vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Germany has a GDP of $4.66T compared to $115B for Uzbekistan, ranking 3/197 and 66/197 by economy size, respectively.

Germany has $2.98T in government debt (65.4% of GDP), compared to $37.5B (33% of GDP) in Uzbekistan.

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

Germany
GDP, current $

GDP, constant 2015 $
Uzbekistan
GDP, current $

GDP, constant 2015 $
Year GDP
Germany Uzbekistan
Current $ Constant $ Current $ Constant $
1960 $84,619,845,881 $917,491,579,543 - -
1961 $96,558,204,043 $956,929,400,596 - -
1962 $105,895,435,234 $1,001,172,753,513 - -
1963 $112,232,503,744 $1,028,557,795,839 - -
1964 $123,330,404,665 $1,096,848,581,197 - -
1965 $134,774,688,191 $1,154,369,120,213 - -
1966 $143,304,275,684 $1,186,832,072,459 - -
1967 $145,100,667,773 $1,182,912,482,568 - -
1968 $156,527,292,653 $1,249,969,106,699 - -
1969 $177,733,486,326 $1,342,693,099,411 - -
1970 $216,629,229,947 $1,411,212,669,066 - -
1971 $250,900,942,397 $1,455,421,725,513 - -
1972 $300,899,944,795 $1,518,009,827,084 - -
1973 $399,833,571,167 $1,590,532,547,530 - -
1974 $446,934,971,657 $1,604,689,380,040 - -
1975 $492,434,094,920 $1,590,780,912,797 - -
1976 $521,658,712,133 $1,669,512,771,062 - -
1977 $602,698,323,086 $1,725,395,004,279 - -
1978 $743,182,891,918 $1,777,303,390,150 - -
1979 $884,574,218,333 $1,851,067,937,956 - -
1980 $953,772,499,462 $1,877,146,313,526 - -
1981 $803,404,797,058 $1,887,080,933,422 - -
1982 $779,421,633,755 $1,879,629,968,245 - -
1983 $773,507,930,295 $1,909,185,460,625 - -
1984 $727,767,760,979 $1,963,080,770,679 - -
1985 $735,218,723,093 $2,008,780,018,732 - -
1986 $1,050,092,624,516 $2,054,727,633,074 - -
1987 $1,302,932,318,825 $2,083,538,029,651 $8,523,160,593 $28,089,418,035
1988 $1,406,367,016,372 $2,160,779,694,267 $10,722,799,639 $30,656,392,613
1989 $1,404,092,925,205 $2,244,975,592,505 $11,948,815,258 $31,604,071,830
1990 $1,778,162,195,860 $2,362,949,196,758 $13,362,340,338 $32,109,736,981
1991 $1,875,792,575,133 $2,483,654,820,997 $13,800,167,712 $31,951,757,074
1992 $2,141,377,582,968 $2,533,680,204,796 $12,953,801,760 $28,373,160,282
1993 $2,078,954,217,438 $2,509,019,802,318 $13,099,920,056 $27,720,577,595
1994 $2,215,282,632,277 $2,574,193,723,153 $12,899,074,922 $26,279,107,562
1995 $2,593,053,091,306 $2,612,945,784,189 $13,350,461,265 $26,042,595,592
1996 $2,506,576,553,158 $2,640,072,233,043 $13,948,892,216 $26,485,319,718
1997 $2,218,790,886,533 $2,689,040,748,577 $14,744,603,774 $27,862,556,343
1998 $2,247,760,364,566 $2,745,407,382,812 $14,988,971,211 $29,060,646,266
1999 $2,213,873,468,587 $2,803,887,763,789 $17,078,465,982 $30,310,254,055
2000 $1,966,980,701,145 $2,884,562,511,081 $13,760,513,969 $31,472,652,299
2001 $1,966,381,496,642 $2,931,769,559,083 $11,401,421,329 $32,783,122,633
2002 $2,102,350,798,306 $2,925,076,029,438 $9,687,788,513 $34,085,756,140
2003 $2,534,715,518,349 $2,909,575,202,981 $10,134,453,435 $35,528,479,188
2004 $2,852,317,768,062 $2,943,395,181,479 $12,030,023,548 $38,174,995,818
2005 $2,893,393,187,362 $2,969,464,751,856 $14,307,509,839 $40,828,160,774
2006 $3,046,308,753,671 $3,083,959,477,646 $17,330,833,853 $43,870,437,889
2007 $3,484,056,680,855 $3,173,089,211,904 $22,311,393,928 $48,026,286,798
2008 $3,808,786,022,313 $3,201,977,118,077 $29,549,438,884 $52,362,657,564
2009 $3,479,800,820,863 $3,024,422,218,193 $33,689,223,673 $56,578,340,213
2010 $3,468,154,343,000 $3,149,837,977,324 $49,765,676,402 $60,876,691,748
2011 $3,824,828,563,521 $3,268,207,907,176 $60,178,909,297 $65,457,747,965
2012 $3,597,896,500,945 $3,283,708,733,633 $67,517,349,212 $70,106,848,439
2013 $3,808,086,291,482 $3,296,391,224,293 $73,180,037,915 $75,222,229,948
2014 $3,965,800,686,310 $3,367,906,395,565 $80,845,385,809 $80,392,884,506
2015 $3,423,568,450,957 $3,423,568,450,957 $86,196,264,755 $86,196,264,755
2016 $3,537,784,107,981 $3,502,129,441,295 $86,138,288,644 $91,309,557,165
2017 $3,763,092,263,753 $3,597,248,136,567 $69,703,222,283 $95,322,862,969
2018 $4,052,008,447,224 $3,637,409,365,503 $58,695,899,092 $100,622,047,496
2019 $3,957,208,055,216 $3,673,343,090,743 $67,293,639,798 $107,444,145,840
2020 $3,940,142,541,354 $3,522,914,639,712 $66,443,265,418 $109,123,866,128
2021 $4,348,297,440,388 $3,652,205,602,904 $77,340,060,003 $117,891,622,987
2022 $4,163,596,357,879 $3,702,230,996,916 $90,095,926,567 $124,966,702,851
2023 $4,525,703,903,628 $3,692,366,831,840 $102,641,879,249 $132,828,878,428
2024 $4,659,929,336,891 $3,683,559,545,240 $114,965,293,467 $141,462,755,525

Economic indicators

Germany Uzbekistan
Gross domestic product
$4.66T
2024
$115B
2024
GDP rank
3/197
2024
66/197
2024
GDP growth
2.97%
2023-2024
12%
2023-2024
GDP per capita
$55,800
2024
$3,162
2024
GDP per capita rank
18/197
2024
139/197
2024
GDP per capita, PPP
$72,300
2024
$11,879
2024
Government debt
$2.98T
2024
$37.5B
2024
Debt-to-GDP ratio
65.4%
2025
33%
2025
Government debt per person
$35,650
2024
$1,032
2024
Government debt per person rank
21/185
2024
142/185
2024
Average annual personal income after taxes
$39,481
2025
$3,203
2025
Market capitalization of domestic companies
$2.04T
2024
$18.8B
2024
Number of millionaires
2,820,819
2024
n/a
Number of billionaires
171
2025
n/a
Income share by richest 10%
25%
2020
25.7%
2024
Income share by poorest 10%
2.9%
2020
2.3%
2024
Government expenditure, % of GDP
49.9%
2025
27.8%
2025
Consumer prices inflation
2.26%
2023-2024
9.1%
2024-2025
Central bank interest rate n/a
14%
2025
Unemployment rate
3.37%
2024
5.29%
2020
Population
83039665
37592263

GDP per capita in Germany vs Uzbekistan

Germany's GDP per capita is $55,800, ranking 18/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 19th at $72,300, while Uzbekistan ranks 123rd at $11,879.

Germany
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
Year Current $
Germany Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $1,162 - - -
1961 $1,316 - - -
1962 $1,431 - - -
1963 $1,502 - - -
1964 $1,637 - - -
1965 $1,774 - - -
1966 $1,871 - - -
1967 $1,886 - - -
1968 $2,025 - - -
1969 $2,281 - - -
1970 $2,771 - - -
1971 $3,204 - - -
1972 $3,824 - - -
1973 $5,065 - - -
1974 $5,660 - - -
1975 $6,259 - - -
1976 $6,659 - - -
1977 $7,711 - - -
1978 $9,517 - - -
1979 $11,322 - - -
1980 $12,183 - - -
1981 $10,246 - - -
1982 $9,950 - - -
1983 $9,900 - - -
1984 $9,347 - - -
1985 $9,464 - - -
1986 $13,511 - - -
1987 $16,739 - $450 -
1988 $17,997 - $551 -
1989 $17,829 - $598 -
1990 $22,386 $19,521 $653 $2,665
1991 $23,443 $21,058 $658 $2,676
1992 $26,560 $21,806 $603 $2,371
1993 $25,617 $21,940 $596 $2,318
1994 $27,202 $22,887 $574 $2,197
1995 $31,747 $23,615 $583 $2,178
1996 $30,600 $24,160 $597 $2,214
1997 $27,047 $24,644 $621 $2,329
1998 $27,396 $25,444 $621 $2,418
1999 $26,965 $26,518 $698 $2,522
2000 $23,926 $27,468 $555 $2,644
2001 $23,878 $28,677 $454 $2,782
2002 $25,487 $29,514 $381 $2,902
2003 $30,711 $30,305 $394 $3,047
2004 $34,567 $31,757 $462 $3,321
2005 $35,084 $32,314 $543 $3,618
2006 $36,980 $34,749 $649 $3,956
2007 $42,351 $36,915 $824 $4,386
2008 $46,386 $38,444 $1,075 $4,800
2009 $42,487 $37,554 $1,206 $5,135
2010 $42,410 $39,730 $1,753 $5,505
2011 $47,647 $43,398 $2,088 $5,949
2012 $44,736 $44,229 $2,307 $6,168
2013 $47,220 $45,889 $2,462 $6,413
2014 $48,971 $47,939 $2,675 $6,610
2015 $41,911 $48,558 $2,803 $6,800
2016 $42,961 $51,570 $2,753 $6,919
2017 $45,527 $54,110 $2,191 $7,818
2018 $48,875 $56,273 $1,813 $8,129
2019 $47,624 $59,271 $2,041 $8,544
2020 $47,380 $58,686 $1,978 $8,452
2021 $52,266 $62,531 $2,259 $9,248
2022 $49,686 $67,590 $2,579 $10,293
2023 $53,940 $68,693 $2,879 $11,107
2024 $55,800 $72,300 $3,162 $11,879

Spending and national debt comparison

In 2024, Germany's government spending was $2.31T, accounting for 49.9% of its GDP, while Uzbekistan's spent $31.9B, or 27.8% of GDP.

Debt-to-GDP ratio is 65.4% in Germany and 33% in Uzbekistan, ranking 65/185 and 155/185, respectively.

Germany
Government spending

Government debt
Uzbekistan
Government spending

Government debt
Year % of GDP
Germany Uzbekistan
Government spending Government debt Government spending Government debt
1960 22.9% 18.4% - -
1961 28.8% 18.7% - -
1962 29.2% 17.6% - -
1963 29.1% 18.1% - -
1964 29% 18.2% - -
1965 28.4% 18.7% - -
1966 28.3% 19.8% - -
1967 28.8% 22.5% - -
1968 28.5% 22.5% - -
1969 29.7% 20.3% - -
1970 39.5% 17.7% - -
1971 40.9% 17.7% - -
1972 41.8% 18% - -
1973 42.4% 17.3% - -
1974 46% 18.5% - -
1975 50.3% 23.7% - -
1976 49.4% 25.1% - -
1977 49% 26% - -
1978 47.7% 27.4% - -
1979 47.4% 28.2% - -
1980 48.2% 30.1% - -
1981 49% 33.6% - -
1982 49.1% 36.4% - -
1983 47.9% 38% - -
1984 47.2% 38.7% - -
1985 46.6% 39.2% - -
1986 45.7% 39.1% - -
1987 46% 40.1% - -
1988 45.6% 40.5% - -
1989 44.3% 39.2% - -
1990 44.7% 40.7% - -
1991 46.5% 39.5% - -
1992 47.4% 41.9% 18% -
1993 48.3% 45.5% 39.6% -
1994 48.3% 47.9% 27.1% -
1995 55.2% 55.3% 29.4% -
1996 49.6% 58.1% 35.1% -
1997 48.8% 59.2% 31.8% 15.3%
1998 48.3% 59.8% 35.1% 18%
1999 48.5% 60.3% 33.6% 18.4%
2000 48.1% 59.2% 32.9% 29.5%
2001 47.7% 58.1% 30.6% 44.8%
2002 48.2% 59.8% 34.6% 41.6%
2003 48.5% 63.3% 31.5% 31.4%
2004 47% 65% 29.4% 26.9%
2005 46.9% 67.1% 28.1% 21%
2006 45.3% 66.4% 24.7% 13.5%
2007 43.5% 63.7% 24.8% 9.56%
2008 44.4% 65.2% 26.5% 8.33%
2009 48.3% 72.3% 27.5% 7.3%
2010 48.1% 81% 26.4% 6.61%
2011 45.3% 78.5% 23.7% 6.33%
2012 45.1% 79.8% 23.9% 6.76%
2013 45.2% 77.4% 25.2% 6.23%
2014 44.5% 74.5% 24.9% 6.09%
2015 44.5% 71.2% 24.6% 6.72%
2016 44.7% 68.3% 23.3% 8.19%
2017 44.6% 64% 19.9% 17.3%
2018 44.7% 60.8% 22.2% 17.5%
2019 45.6% 58.7% 24.3% 25.4%
2020 51.1% 68% 26% 33.7%
2021 50.7% 68.1% 27.4% 31.7%
2022 49% 65% 31.4% 30.5%
2023 48.4% 62.9% 29.9% 32.2%
2024 49.5% 63.9% 27.8% 32.6%
2025 49.9% 65.4% 27.8% 33%

Government deficit by year

In 2024, Germany's government deficit, the difference between spending and revenue, was -$129B, equivalent to -2.76% of GDP. This compares to Uzbekistan's deficit of -$2.6B, or -2.26% of GDP.

Over the past 33 years, Germany recorded a fiscal deficit in 25 of those years, while Uzbekistan ran a deficit in 20 years. On average, Germany posted an annual deficit equal to -2.01% of GDP, compared to deficit of -0.86% of GDP for Uzbekistan.

Deficit/surplus
Germany

Uzbekistan
Year Deficit/surplus, % of GDP
Germany Uzbekistan
1880 -0.13% -
1881 0.12% -
1882 0.41% -
1883 0.55% -
1884 0.23% -
1885 0.21% -
1886 0.23% -
1887 0.88% -
1888 0.62% -
1889 1.16% -
1890 0.12% -
1891 1.18% -
1892 -0.24% -
1893 0.42% -
1894 0.44% -
1895 0.47% -
1896 0.63% -
1897 0.39% -
1898 0.47% -
1899 0.6% -
1900 0.27% -
1901 0.91% -
1902 0.08% -
1903 0.88% -
1904 0.41% -
1905 1.21% -
1906 0.76% -
1907 -0.14% -
1908 -0.11% -
1909 0.11% -
1910 -0.21% -
1911 0.06% -
1912 -0.26% -
1913 0.007% -
1914 0.007% -
1915 0.007% -
1916 0.007% -
1917 0.007% -
1918 0.007% -
1919 0.007% -
1920 0.007% -
1921 0.007% -
1922 0.007% -
1923 0.007% -
1924 0.007% -
1925 0.34% -
1926 -1.3% -
1927 -0.44% -
1928 -1.47% -
1929 -0.9% -
1930 -1.52% -
1931 -1.03% -
1932 -1.11% -
1933 -0.43% -
1934 -0.64% -
1935 -0.64% -
1936 -0.64% -
1937 -0.64% -
1938 -0.64% -
1939 -0.64% -
1940 -0.64% -
1941 -0.64% -
1942 -0.64% -
1943 -0.64% -
1944 -0.64% -
1945 -0.64% -
1946 -0.64% -
1947 -0.64% -
1948 -0.64% -
1949 -0.64% -
1950 1.81% -
1951 1.15% -
1952 0% -
1953 -0.13% -
1954 -0.37% -
1955 -1.41% -
1956 0.59% -
1957 1.99% -
1958 1.77% -
1959 0.77% -
1960 -0.34% -
1961 -0.12% -
1962 0.49% -
1963 1.43% -
1964 1.49% -
1965 2.26% -
1966 1.76% -
1967 2.73% -
1968 1.39% -
1969 -0.43% -
1970 0.53% -
1971 0.16% -
1972 -0.37% -
1973 1.14% -
1974 -1.69% -
1975 -5.78% -
1976 -3.5% -
1977 -2.56% -
1978 -2.62% -
1979 -2.71% -
1980 -3.02% -
1981 -4.03% -
1982 -3.56% -
1983 -2.95% -
1984 -2.04% -
1985 -1.18% -
1986 -1.18% -
1987 -1.85% -
1988 -2.02% -
1989 0.08% -
1990 -1.94% -
1991 -3.21% -
1992 -2.63% 7.15%
1993 -3.11% -12%
1994 -2.54% -4.47%
1995 -9.44% -1.77%
1996 -3.64% -1.57%
1997 -3.03% -2.05%
1998 -2.65% -3.04%
1999 -1.87% -2.91%
2000 -1.71% -3.66%
2001 -3.12% -3.28%
2002 -4.09% -6.31%
2003 -3.83% -4.87%
2004 -3.42% -3.74%
2005 -3.37% -3.52%
2006 -1.76% 2.72%
2007 0.15% 3.55%
2008 -0.26% 5.97%
2009 -3.17% 1.82%
2010 -4.42% 2.56%
2011 -0.84% 5.11%
2012 -0.05% 5.89%
2013 0.12% 2.15%
2014 0.73% 1.9%
2015 0.92% -0.28%
2016 1.13% 0.7%
2017 1.34% 1.04%
2018 1.88% 1.64%
2019 1.33% -0.26%
2020 -4.38% -2.95%
2021 -3.17% -4.1%
2022 -2.15% -3.65%
2023 -2.48% -3.98%
2024 -2.76% -2.26%
2025 -2.95% -2.27%

Inflation comparison by year

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.81%, compared with 17.9% in Uzbekistan. In 2024, inflation was 2.26% in Germany and 9.1% in Uzbekistan.

Inflation
Germany

Uzbekistan
Year Inflation
Germany Uzbekistan Germany Uzbekistan
1996 1.45% 54%
1997 1.94% 70.9%
1998 0.91% 29%
1999 0.59% 29.1%
2000 1.44% 25%
2001 1.98% 27.3%
2002 1.42% 27.3%
2003 1.03% 12.5%
2004 1.67% 7.3%
2005 1.55% 10.7%
2006 1.58% 13.1%
2007 2.3% 11.2%
2008 2.63% 13.1%
2009 0.31% 12.3%
2010 1.1% 12.3%
2011 2.08% 12.4%
2012 2.01% 11.9%
2013 1.5% 11.7%
2014 0.91% 9.1%
2015 0.51% 8.5%
2016 0.49% 8.8%
2017 1.51% 13.9%
2018 1.73% 17.5%
2019 1.45% 14.5%
2020 0.14% 12.9%
2021 3.07% 10.8%
2022 6.87% 11.4%
2023 5.95% 10%
2024 2.26% 9.6%
2025 - 9.1%

Top exports between countries

Germany
Export category Export value
Machinery & equipment $749M
Chemicals & pharma $193M
Miscellaneous $59.6M
Raw materials & minerals $45.2M
Processed food, beverages & tobacco $42.8M
Textiles & consumer goods $40.6M
Wood & paper products $18.9M
Metals $14.4M
Animal & marine products $5.65M
Raw agricultural goods $4.52M
Uzbekistan
Export category Export value
Textiles & consumer goods $52.9M
Raw materials & minerals $12.6M
Raw agricultural goods $11.5M
Machinery & equipment $4.88M
Metals $4.26M
Precious metals & jewellery $3.87M
Processed food, beverages & tobacco $899K
Manufacturing & construction services $803K
Chemicals & pharma $797K
Animal & marine products $422K

Balance of trade

Germany Uzbekistan
Current account balance
$264B
2024
-$5.72B
2024
Current account balance ranking
2/189
2024
170/189
2024
Current account balance, % of GDP
+5.67%
2024
-4.97%
2024
Goods imports
$1.21T
2024
$33.2B
2024
Goods exports
$1.47T
2024
$19.6B
2024
Service imports
$551B
2024
$10.5B
2024
Service exports
$470B
2024
$6.55B
2024
Imports of goods and services, % of GDP
38.2%
2024
38%
2024
Exports of goods and services, % of GDP
42.1%
2024
22.8%
2024

Economic freedom indices

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

Germany Uzbekistan
Economic freedom 71.6 58
Economic freedom ranking 28/197 111/197
Property rights 95.4 33.5
Government integrity 86 31.2
Judicial effectiveness 93.5 14.5
Tax burden 60.5 92.8
Government spending 26.9 73.6
Fiscal health 81.1 73.3
Business freedom 83.7 64.4
Labor freedom 53.3 47.9
Monetary freedom 69 64.6
Trade freedom 79.6 80.6
Investment freedom 60 60
Financial freedom 70 60

Economic freedom by year comparison

The Economic Freedom Index for Germany is 71.6, ranking 28/197, compared to 58 for Uzbekistan, ranking 111/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Germany
Uzbekistan
Year Economic freedom index
Germany Uzbekistan
1995 69.8 -
1996 69.1 -
1997 67.5 -
1998 64.3 31.5
1999 65.6 33.8
2000 65.7 38.1
2001 69.5 38.2
2002 70.4 38.5
2003 69.7 38.3
2004 69.5 39.1
2005 68.1 45.8
2006 70.8 48.7
2007 70.8 51.5
2008 70.6 51.9
2009 70.5 50.5
2010 71.1 47.5
2011 71.8 45.8
2012 71 45.8
2013 72.8 46
2014 73.4 46.5
2015 73.8 47
2016 74.4 46
2017 73.8 52.3
2018 74.2 51.5
2019 73.5 53.3
2020 73.5 57.2
2021 72.5 58.3
2022 76.1 55.7
2023 73.7 56.5
2024 72.1 55.9
2025 71.6 58

More economic indicators

Germany Uzbekistan
Services, % of GDP
63.9%
2024
45.2%
2024
Industry, % of GDP
25.8%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
0.83%
2024
18.3%
2024
GNI, Atlas method
$4.59T
2024
$110B
2024
GNI per capita, PPP
$74,880
2024
$12,000
2024
Total reserves including gold
$378B
2024
$41.2B
2024
Total reserves ranking
10/177
2024
50/177
2024
Net foreign direct investment
$32.6B
2024
-$2.8B
2024
Net inflows of foreign direct investment
$47.6B
2024
$2.84B
2024
Net outflows of foreign direct investment
$80.2B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
n/a
8.24%
2023
Poverty at national poverty lines
14.8%
2021
8.9%
2024
Gross capital formation, % of GDP
21%
2024
33.3%
2024

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.