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Economy of Indonesia vs Venezuela compared: GDP & Debt

Updated on by Georank

Indonesia has a GDP of $1.45T compared to $99.7B for Venezuela, ranking 17/197 and 78/197 by economy size, respectively.

Indonesia has $593B in government debt (41% of GDP), compared to $308B (309% of GDP) in Venezuela.

Indonesia vs Venezuela GDP by year

Indonesia
Venezuela
1x
Year GDP, current $
Indonesia Venezuela
2025 $1,445,642,584,164 $99,661,244,156
2024 $1,396,301,788,462 $120,566,112,397
2023 $1,371,166,925,750 $102,377,501,186
2022 $1,319,101,183,380 $89,013,251,021
2021 $1,186,509,691,087 $56,615,026,263
2020 $1,059,054,842,698 $42,837,965,907
2019 $1,119,099,871,350 $73,014,157,108
2018 $1,042,271,532,989 $101,987,075,929
2017 $1,015,618,744,160 $115,892,475,743
2016 $931,877,364,038 $112,948,035,495
2015 $860,854,232,686 $125,249,941,854
2014 $890,814,755,534 $214,838,755,022
2013 $912,524,136,718 $258,512,396,298
2012 $917,869,913,333 $371,846,610,182
2011 $892,969,104,563 $316,482,190,800
2010 $755,094,157,622 $393,192,354,511
2009 $539,580,085,612 $329,787,628,928
2008 $510,228,634,992 $315,953,388,511
2007 $432,216,737,775 $230,364,012,576
2006 $364,570,515,618 $183,477,522,124
2005 $285,868,619,196 $145,513,489,652
2004 $256,836,875,295 $112,451,400,425
2003 $234,772,463,824 $83,620,628,582
2002 $195,660,611,165 $92,893,587,734
2001 $160,446,947,785 $122,911,036,747
2000 $165,021,012,078 $117,146,466,003
1999 $140,001,351,215 $97,972,842,462
1998 $95,445,547,873 $91,336,763,255
1997 $215,748,998,610 $85,837,678,560
1996 $227,369,679,375 $70,543,211,119
1995 $202,132,028,723 $77,389,487,770
1994 $176,892,143,932 $58,418,666,667
1993 $158,006,700,302 $60,037,460,783
1992 $128,026,966,580 $60,416,519,620
1991 $116,621,996,217 $53,453,444,787
1990 $106,140,727,334 $48,606,952,195
1989 $94,451,427,877 $43,536,709,104
1988 $84,300,174,486 $60,226,413,793
1987 $75,929,617,558 $48,029,034,483
1986 $79,954,072,545 $60,516,123,711
1985 $85,289,488,375 $61,965,466,667
1984 $84,853,700,028 $59,867,743,468
1983 $81,052,283,384 $67,556,279,070
1982 $90,158,449,295 $67,736,744,186
1981 $85,518,233,419 $66,327,441,860
1980 $72,482,337,397 $59,116,511,628
1979 $51,400,186,343 $48,310,930,233
1978 $51,455,719,076 $39,316,279,070
1977 $45,808,915,663 $36,210,697,674
1976 $37,269,156,627 $31,419,534,884
1975 $30,463,855,422 $27,464,651,163
1974 $25,802,409,639 $26,100,930,233
1973 $16,273,253,012 $17,035,581,395
1972 $10,997,590,361 $13,977,727,273
1971 $9,333,536,370 $12,986,590,909
1970 $9,150,684,932 $11,561,111,111
1969 $8,337,423,313 $10,285,111,111
1968 $7,076,465,300 $10,034,444,444
1967 $5,667,756,628 $9,250,000,000
1966 - $8,781,333,333
1965 - $8,427,777,778
1964 - $8,192,413,793
1963 - $9,608,717,288
1962 - $8,814,309,884
1961 - $8,067,267,031
1960 - $7,663,938,303

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

GeoRank.org/economy/indonesia/venezuela | CC BY

GDP per capita in Indonesia vs Venezuela by year

Indonesia
GDP per capita

GDP per capita, PPP
Venezuela
GDP per capita

GDP per capita, PPP
1x
Year Current $
Indonesia Venezuela
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,060 - $3,495 -
2024 $4,925 $16,448 $4,244 -
2023 $4,876 $15,416 $3,617 -
2022 $4,731 $14,285 $3,155 -
2021 $4,287 $12,757 $2,005 -
2020 $3,854 $11,729 $1,506 -
2019 $4,107 $11,986 $2,523 -
2018 $3,861 $11,372 $3,422 -
2017 $3,799 $10,688 $3,792 -
2016 $3,521 $10,263 $3,671 -
2015 $3,288 $10,028 $4,097 -
2014 $3,441 $10,065 $7,101 -
2013 $3,567 $9,866 $8,642 -
2012 $3,632 $9,530 $12,582 -
2011 $3,579 $8,937 $10,844 $21,241
2010 $3,066 $8,353 $13,646 $20,236
2009 $2,218 $7,868 $11,597 $20,562
2008 $2,125 $7,569 $11,262 $21,402
2007 $1,823 $7,096 $8,332 $20,236
2006 $1,558 $6,583 $6,739 $18,399
2005 $1,238 $6,134 $5,432 $16,511
2004 $1,127 $5,700 $4,269 $14,757
2003 $1,043 $5,353 $3,230 $12,359
2002 $881 $5,076 $3,652 $13,375
2001 $732 $4,849 $4,920 $14,714
2000 $764 $4,639 $4,776 $14,174
1999 $657 $4,386 $4,071 $13,623
1998 $455 $4,356 $3,870 $14,568
1997 $1,045 $5,037 $3,711 $14,655
1996 $1,119 $4,807 $3,113 $13,824
1995 $1,011 $4,451 $3,487 $13,890
1994 $900 $4,096 $2,689 $13,370
1993 $817 $3,793 $2,825 $13,702
1992 $674 $3,538 $2,907 $13,652
1991 $624 $3,305 $2,633 $12,880
1990 $578 $3,044 $2,452 $11,628
1989 $524 - $2,250 -
1988 $477 - $3,191 -
1987 $438 - $2,611 -
1986 $470 - $3,376 -
1985 $511 - $3,549 -
1984 $520 - $3,520 -
1983 $508 - $4,079 -
1982 $578 - $4,202 -
1981 $561 - $4,228 -
1980 $487 - $3,874 -
1979 $353 - $3,257 -
1978 $362 - $2,727 -
1977 $331 - $2,585 -
1976 $275.7 - $2,309 -
1975 $231.1 - $2,078 -
1974 $200.7 - $2,034 -
1973 $129.9 - $1,367 -
1972 $90.1 - $1,155 -
1971 $78.5 - $1,106 -
1970 $79.1 - $1,015 -
1969 $74.1 - $932 -
1968 $64.7 - $938 -
1967 $53.2 - $893 -
1966 - - $876 -
1965 - - $869 -
1964 - - $874 -
1963 - - $1,060 -
1962 - - $1,007 -
1961 - - $954 -
1960 - - $939 -

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

GeoRank.org/economy/indonesia/venezuela | CC BY

Indonesia's GDP per capita is $5,060, ranking 123/197, compared to $3,495 in Venezuela, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Indonesia ranks 107th at $16,448, while Venezuela ranks 93rd at $21,241.

Economic indicators

Indonesia Venezuela
Gross domestic product
$1.45T
2025
$99.7B
2025
GDP rank
17/197
2025
78/197
2025
GDP growth
5.11%
2024-2025
1.57%
2024-2025
GDP per capita
$5,060
2025
$3,495
2025
GDP per capita rank
123/197
2025
138/197
2025
GDP per capita, PPP
$16,448
2024
$21,241
2011
GDP per capita PPP rank
107/197
2024
93/197
2011
Government debt
$593B
2025
$308B
2025
Debt-to-GDP ratio
41%
2025
309%
2025
Government debt per person
$2,076
2025
$10,790
2025
Government debt per person rank
119/185
2025
58/185
2025
Average annual personal income after taxes
$3,470
2026
$2,659
2026
Market capitalization of domestic companies
$950B
2025
$3.98B
2002
Number of millionaires
178,605
2024
n/a
Number of billionaires
33
2026
1
2026
Income share by richest 10%
28.7%
2025
33.2%
2006
Income share by poorest 10%
3.5%
2025
1.2%
2006
Government expenditure, % of GDP
16.2%
2025
20.3%
2025
Consumer prices inflation
1.91%
2024-2025
252%
2024-2025
Central bank interest rate
5.5%
2026
58.9%
2026
Unemployment rate
3.31%
2023
7.53%
2020
Population
289027659
28692435

Spending and national debt comparison by year

Indonesia
Spending

Debt
Venezuela
Spending

Debt
1x
Year % of GDP
Indonesia Venezuela
Government spending Government debt Government spending Government debt
2025 16.2% 41% 20.3% 309%
2024 16.9% 40.2% 17.5% 169.1%
2023 16.6% 39.6% 13.1% 138.5%
2022 17.3% 40.1% 15.1% 164.4%
2021 18.1% 41.1% 13.1% 254.2%
2020 18.4% 39.7% 11.2% 337%
2019 16.4% 30.6% 21% 206%
2018 16.6% 30.4% 37.9% 175.3%
2017 16.4% 29.4% 21.8% 133.6%
2016 16.9% 28% 19.7% 138.4%
2015 17.6% 27% 22.9% 129.8%
2014 18.4% 24.6% 31.6% 84.9%
2013 18.8% 24.9% 36.5% 85.4%
2012 18.8% 23% 38% 58.4%
2011 17.7% 23.1% 39.4% 52.5%
2010 16.9% 26.4% 31.1% 37.7%
2009 17% 26.5% 33.3% 27.6%
2008 19.4% 30.3% 34.9% 20.3%
2007 18.7% 38.1% 35.9% 26.4%
2006 18.4% 35.8% 39.3% 25.7%
2005 17.4% 42.6% 33.5% 34.9%
2004 17.8% 51.3% 31.9% 41.8%
2003 18.2% 55.6% 32.2% 56%
2002 16.9% 62.3% 31% 48.2%
2001 19.5% 73.7% 31.9% 30.7%
2000 15.3% 87.4% 28.3% 27.7%
1999 15.1% 95.9% 26.1% 29.6%
1998 15.1% 72.5% 28.8% 30.7%
1997 15.2% 26.4% 31% 34.8%
1996 11.5% 27.5% 27.7% 45.9%
1995 11.9% 32% 32.9% 45.9%
1994 13.5% 37% 42.2% 63.9%
1993 14.1% 40.4% 27.7% 57.7%
1992 16.8% 42.6% 30.6% 54.8%
1991 15% 39.2% 33.9% 62.2%
1990 15.8% 40.8% 31.9% 63.3%
1989 16.5% 42.5% 32.5% 61.8%
1988 17.3% 45.6% 33.2% 46.3%
1987 18% 49.7% 25.1% 58.3%
1986 20.9% 38.3% 21.5% 45.9%
1985 18.5% 28% 20.3% 34.1%
1984 16.1% 23.5% 19.7% 36.4%
1983 18.2% 23.1% 25.3% 21.4%
1982 18.8% 18.6% 29% 18.6%
1981 24.4% 16.4% 29.6% 18.9%
1980 22.1% 17.3% 22% 16.6%
1979 20.9% 22% 22.3% 19.2%
1978 20.1% 30.3% 29.2% 16.6%
1977 19.5% 27.7% 30.6% 12.7%
1976 21.8% 38.1% 26.6% 9.64%
1975 20.5% 36.7% 33.8% 8.31%
1974 17.3% 34.4% 35.3% 7.72%
1973 16.3% 43.1% 20% 9.78%
1972 15.7% 51.2% 21.3% 10.6%
1971 14.5% 50.5% 19.6% 9.64%
1970 13.8% 46.7% 19.5% 10.6%
1969 12.8% - 21% 9.91%
1968 8.82% - 19.8% 7.84%
1967 10.4% - 19.8% 6.74%
1966 9.18% - 19.1% 5.84%
1965 10.7% - 18.7% 5.46%
1964 9.55% - 17.9% 4.95%
1963 10.3% - 18.7% 6.3%
1962 7.89% - 17.6% 7.24%
1961 15.1% - 11.8% 8.79%
1960 14.4% - 23.7% 8.28%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/indonesia/venezuela | CC BY

In 2025, Indonesia's government spending was $234B, accounting for 16.2% of its GDP, while Venezuela spent $20.2B, or 20.3% of GDP.

Debt-to-GDP ratio is 41% in Indonesia and 309% in Venezuela, ranking 130/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Indonesia

Venezuela
1x
Year Deficit/surplus, % of GDP
Indonesia Venezuela
2025 -2.92% -5.84%
2024 -2.28% -3.67%
2023 -1.64% -1.25%
2022 -2.31% -5.29%
2021 -4.4% -5.85%
2020 -6.07% -6.63%
2019 -2.09% -10.9%
2018 -1.69% -31%
2017 -2.26% -13.3%
2016 -2.56% -8.46%
2015 -2.72% -8.06%
2014 -1.8% -9.81%
2013 -1.96% -10.4%
2012 -1.59% -9.86%
2011 -0.7% -8.24%
2010 -1.24% -4.74%
2009 -1.64% -8.69%
2008 0.05% -3.46%
2007 -0.95% -2.82%
2006 0.45% -1.6%
2005 0.46% 4.09%
2004 -0.26% 2.47%
2003 -1.08% 0.17%
2002 -0.58% -1.48%
2001 -1.76% -4.59%
2000 -1.87% 4.45%
1999 -0.96% 0.74%
1998 -1.89% -4.49%
1997 -1.03% 2.58%
1996 0.96% 7.94%
1995 0.64% -5.86%
1994 0.005% -11.2%
1993 -0.59% -2.92%
1992 -1.54% -6.37%
1991 0.51% -2.28%
1990 0.97% 3.84%
1989 -1.72% -0.91%
1988 -2.68% -9.24%
1987 -0.9% -7.47%
1986 -2.94% 0.82%
1985 -0.45% 6.97%
1984 1.83% 5.33%
1983 -1% 1.24%
1982 -1.11% -0.17%
1981 -0.69% 4.74%
1980 -0.82% 4.41%
1979 -0.67% -3.07%
1978 -2.03% -5.44%
1977 -0.38% -4.69%
1976 -2.63% 1.65%
1975 -2.33% 0.88%
1974 -0.35% 2.76%
1973 -1.33% 1.98%
1972 -1.82% 0.42%
1971 -2.51% 0.78%
1970 -3.02% -1.22%
1969 -2.8% -2.17%
1968 0% -0.32%
1967 -0.35% 0.51%
1966 -5.06% 0.23%
1965 -6.62% 0.39%
1964 -5.58% 1.91%
1963 -5.24% 1.92%
1962 -3.1% 2.14%
1961 -4.57% -1.91%
1960 -1.65% -4.08%
1959 -4.06% -4.98%
1958 -6.67% -4.86%
1957 -2.92% 6.7%
1956 -1.38% 0.76%
1955 -1.6% 0.38%
1954 -3.16% 1.84%
1953 -2.33% 0.03%
1952 -3.66% -0.5%
1951 1.52% -0.24%
1950 - -0.23%
1949 - 0.15%
1948 - 1.27%
1947 - 0.09%
1946 - -0.9%
1945 - 2.9%
1944 - 1.85%
1943 - -0.27%
1942 - 0.2%
1941 - 0.01%
1940 - -1.07%
1939 - -0.78%
1938 - 0.68%
1937 - 0.73%
1936 - -0.52%
1935 - -2.23%
1934 - 1.34%
1933 - 1.03%
1932 - 0.51%
1931 - 1.02%
1930 - -2.03%
1929 - -0.34%
1928 - -0.68%
1927 - 1.55%
1926 - 0.14%
1925 - 0.54%
1924 - 0.37%
1923 - 1.32%
1922 - 1.57%
1921 - -0.97%
1920 - -1.75%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1920–1992, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/indonesia/venezuela | CC BY

In 2025, Indonesia's government deficit, the difference between spending and revenue, was $42.2B, equivalent to 2.92% of GDP. This compares to Venezuela's deficit of $5.82B, or 5.84% of GDP.

Over the past 59 years, Indonesia recorded a fiscal deficit in 49 of those years, while Venezuela ran a deficit in 38 years. On average, Indonesia posted an annual deficit equal to 1.34% of GDP, compared to deficit of 2.96% of GDP for Venezuela.

Inflation comparison by year

Inflation
Indonesia

Venezuela
1x
Year Consumer prices inflation
Indonesia Venezuela
2025 1.91% 252%
2024 2.18% 49.4%
2023 3.67% 338%
2022 4.21% 186.5%
2021 1.56% 1,589%
2020 1.92% 2,355%
2019 3.03% 19,906%
2018 3.2% 65,374%
2017 3.81% 438%
2016 3.53% 254.9%
2015 6.36% 121.7%
2014 6.39% 62.2%
2013 6.41% 40.6%
2012 4.28% 21.1%
2011 5.36% 26.1%
2010 5.13% 28.2%
2009 4.39% 26%
2008 10.2% 31.4%
2007 6.41% 18.7%
2006 13.1% 13.7%
2005 10.5% 16%
2004 6.06% 21.7%
2003 6.76% 31.1%
2002 11.9% 22.4%
2001 11.5% 12.5%
2000 3.69% 16.2%
1999 20.5% 23.6%
1998 58.5% 35.8%
1997 6.23% 50%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/indonesia/venezuela | CC BY

Over the past 29 years, Indonesia has recorded an average annual inflation rate of 8.02%, compared with 3,150% in Venezuela. In 2025, inflation was 1.91% in Indonesia and 252% in Venezuela.

Top exports between countries

Indonesia
Export category Export value
Machinery & equipment $57.9M
Chemicals & pharma $12.4M
Textiles & consumer goods $6.82M
Wood & paper products $3.81M
Processed food, beverages & tobacco $745K
Raw materials & minerals $445K
Raw agricultural goods $365K
Animal & marine products $203K
Metals $104K
Miscellaneous $11K
Venezuela
Export category Export value
Machinery & equipment $20K
Animal & marine products $9K
Metals $6K
Raw materials & minerals $5K
Textiles & consumer goods $2K

Balance of trade

Indonesia Venezuela
Current account balance
-$1.52B
2025
-$3.87B
2016
Current account balance ranking
129/190
2025
155/190
2016
Current account balance, % of GDP
-0.11%
2025
-3.43%
2016
Goods imports
$231B
2025
$16.3B
2016
Goods exports
$280B
2025
$27.4B
2016
Service imports
$63B
2025
$9.47B
2016
Service exports
$42.5B
2025
$1.28B
2016
Imports of goods and services, % of GDP
20.5%
2025
10.1%
2025
Exports of goods and services, % of GDP
22.8%
2025
14.9%
2025

Economic freedom indices

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

Indonesia Venezuela
Economic freedom 65.1 27.3
Economic freedom ranking 67/197 194/197
Property rights 39.7 0
Government integrity 42 6.9
Judicial effectiveness 43.1 5.1
Tax burden 81.5 73.4
Government spending 91.4 93
Fiscal health 89.8 29.1
Business freedom 69.2 31.1
Labor freedom 56.8 35.5
Monetary freedom 79.4 0
Trade freedom 78.6 43.2
Investment freedom 50 0
Financial freedom 60 10

Economic freedom comparison by year

Indonesia
Venezuela
1x
Year Economic freedom index
Indonesia Venezuela
2026 65.1 27.3
2025 65.2 27.6
2024 63.5 28.1
2023 63.5 25.8
2022 64.4 24.8
2021 66.9 24.7
2020 67.2 25.2
2019 65.8 25.9
2018 64.2 25.2
2017 61.9 27
2016 59.4 33.7
2015 58.1 34.3
2014 58.5 36.3
2013 56.9 36.1
2012 56.4 38.1
2011 56 37.6
2010 55.5 37.1
2009 53.4 39.9
2008 53.2 44.7
2007 53.2 47.9
2006 51.9 44.6
2005 52.9 45.2
2004 52.1 46.7
2003 55.8 54.8
2002 54.8 54.7
2001 52.5 54.6
2000 55.2 57.4
1999 61.5 56.1
1998 63.4 54
1997 62 52.8
1996 61 54.5
1995 54.9 59.8

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

GeoRank.org/economy/indonesia/venezuela | CC BY

The Economic Freedom Index for Indonesia is 65.1, ranking 67/197, compared to 27.3 for Venezuela, ranking 194/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Indonesia Venezuela
Services, % of GDP
43.9%
2025
51.7%
2014
Industry, % of GDP
38.7%
2025
37.2%
2014
Agriculture, forestry, and fishing, % of GDP
13.1%
2025
5.03%
2014
GNI, Atlas method
$1.46T
2025
$110B
2025
GNI per capita, PPP
$17,190
2025
$20,840
2011
Total reserves including gold
$157B
2025
$9.79B
2017
Total reserves ranking
22/177
2025
80/177
2017
Net foreign direct investment
-$14.4B
2025
-$27M
2016
Net inflows of foreign direct investment
$24.3B
2024
$1.63B
2024
Net outflows of foreign direct investment
$8.39B
2024
$2.6B
2024
Servicing debt to the IMF, % of GNI
5.64%
2024
n/a
Poverty at national poverty lines
9%
2024
33.1%
2015
Gross capital formation, % of GDP
30.6%
2025
5.93%
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/indonesia/venezuela | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1920–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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 (2013–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
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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.