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Economy of Italy vs Samoa compared: GDP & Debt

Updated on by Georank

Italy has a GDP of $2.55T compared to $1.29B for Samoa, ranking 9/197 and 186/197 by economy size, respectively.

Italy has $3.5T in government debt (137.1% of GDP), compared to $273M (21.2% of GDP) in Samoa.

Italy vs Samoa GDP by year

Italy
Samoa
1x
Year GDP, current $
Italy Samoa
2025 $2,551,556,954,100 $1,287,936,622
2024 $2,383,435,562,458 $1,175,749,786
2023 $2,316,882,296,366 $1,044,909,500
2022 $2,104,067,630,319 $889,554,712
2021 $2,179,207,773,596 $859,724,936
2020 $1,907,481,094,079 $868,884,903
2019 $2,019,606,796,584 $912,950,466
2018 $2,099,435,266,459 $878,448,433
2017 $1,970,720,904,585 $884,844,384
2016 $1,887,111,188,177 $843,924,797
2015 $1,845,428,048,839 $824,150,499
2014 $2,173,255,507,986 $796,683,520
2013 $2,153,225,581,941 $797,736,334
2012 $2,097,929,495,122 $773,141,661
2011 $2,306,974,020,278 $744,097,050
2010 $2,144,936,254,535 $680,260,907
2009 $2,209,484,319,013 $628,006,115
2008 $2,417,508,414,187 $641,346,192
2007 $2,222,524,108,128 $573,548,460
2006 $1,958,563,654,386 $499,923,758
2005 $1,864,982,261,287 $476,801,793
2004 $1,812,808,753,295 $407,747,565
2003 $1,582,930,016,539 $333,426,188
2002 $1,281,746,271,196 $281,790,134
2001 $1,172,041,488,806 $266,299,591
2000 $1,149,661,363,439 $258,856,140
1999 $1,255,004,736,464 $255,408,060
1998 $1,272,729,786,997 $269,485,244
1997 $1,244,988,176,444 $285,475,592
1996 $1,314,776,508,972 $249,907,869
1995 $1,177,369,428,266 $224,865,731
1994 $1,101,750,159,702 $221,098,107
1993 $1,067,412,587,671 $133,122,897
1992 $1,323,204,350,354 $132,303,041
1991 $1,249,092,439,519 $125,597,205
1990 $1,183,945,130,899 $125,766,270
1989 $930,801,709,004 $122,888,610
1988 $893,663,934,841 $133,016,065
1987 $807,570,134,449 $111,713,922
1986 $641,862,313,287 $100,947,849
1985 $453,259,761,687 $95,572,173
1984 $438,896,930,791 $109,200,934
1983 $444,063,496,940 $111,862,824
1982 $428,257,421,618 $121,221,652
1981 $431,695,533,981 $118,190,655
1980 $478,356,755,596 $125,747,038
1979 $394,584,507,108 $122,257,393
1978 $315,784,469,541 $108,223,444
1977 $258,190,019,750 $98,295,671
1976 $225,235,205,862 $85,003,078
1975 $228,220,643,535 $93,489,283
1974 $200,024,444,775 $93,549,611
1973 $175,896,529,392 $82,452,985
1972 $145,594,833,997 $62,566,116
1971 $124,959,712,859 $53,719,569
1970 $113,656,669,765 $45,208,338
1969 $100,996,667,239 -
1968 $91,485,448,148 -
1967 $84,401,995,573 -
1966 $76,622,444,787 -
1965 $70,717,012,186 -
1964 $65,720,771,779 -
1963 $60,035,924,618 -
1962 $52,413,872,628 -
1961 $46,649,487,320 -
1960 $42,012,422,612 -

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

GeoRank.org/economy/italy/samoa | CC BY

GDP per capita in Italy vs Samoa by year

Italy
GDP per capita

GDP per capita, PPP
Samoa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Italy Samoa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $43,309 - $5,873 -
2024 $40,430 $62,014 $5,393 $8,737
2023 $39,280 $60,030 $4,823 $8,195
2022 $35,654 $57,261 $4,132 $6,909
2021 $36,853 $49,825 $4,022 $6,350
2020 $32,091 $44,436 $4,100 $6,451
2019 $33,813 $46,662 $4,352 $6,638
2018 $35,062 $43,387 $4,232 $6,318
2017 $32,844 $42,142 $4,308 $6,280
2016 $31,392 $40,483 $4,147 $6,141
2015 $30,640 $37,384 $4,084 $5,682
2014 $36,028 $36,666 $3,983 $5,468
2013 $35,702 $36,459 $4,024 $5,387
2012 $34,854 $36,281 $3,935 $5,339
2011 $38,432 $36,392 $3,822 $5,494
2010 $35,857 $34,974 $3,524 $5,229
2009 $37,100 $34,502 $3,279 $4,906
2008 $40,829 $35,422 $3,374 $4,939
2007 $37,826 $34,108 $3,039 $4,713
2006 $33,537 $32,454 $2,663 $4,592
2005 $32,063 $30,138 $2,550 $4,379
2004 $31,348 $29,581 $2,189 $3,997
2003 $27,578 $29,249 $1,798 $3,792
2002 $22,451 $28,833 $1,528 $3,553
2001 $20,570 $28,134 $1,454 $3,335
2000 $20,190 $27,152 $1,425 $3,062
1999 $22,050 $25,655 $1,417 $2,871
1998 $22,365 $25,075 $1,506 $2,792
1997 $21,884 $23,937 $1,608 $2,722
1996 $23,123 $23,101 $1,419 $2,681
1995 $20,712 $22,446 $1,288 $2,478
1994 $19,382 $21,369 $1,277 $2,294
1993 $18,782 $20,485 $775 $2,323
1992 $23,297 $20,196 $777 $2,198
1991 $22,007 $19,596 $742 $2,166
1990 $20,874 $18,680 $744 $2,148
1989 $16,424 - $728 -
1988 $15,781 - $790 -
1987 $14,268 - $666 -
1986 $11,341 - $604 -
1985 $8,009 - $573 -
1984 $7,758 - $655 -
1983 $7,851 - $671 -
1982 $7,574 - $728 -
1981 $7,640 - $713 -
1980 $8,476 - $765 -
1979 $7,006 - $751 -
1978 $5,623 - $671 -
1977 $4,614 - $615 -
1976 $4,042 - $541 -
1975 $4,116 - $610 -
1974 $3,629 - $626 -
1973 $3,213 - $563 -
1972 $2,677 - $433 -
1971 $2,311 - $377 -
1970 $2,112 - $322 -
1969 $1,886 - - -
1968 $1,718 - - -
1967 $1,595 - - -
1966 $1,459 - - -
1965 $1,357 - - -
1964 $1,272 - - -
1963 $1,171 - - -
1962 $1,030 - - -
1961 $923 - - -
1960 $837 - - -

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

GeoRank.org/economy/italy/samoa | CC BY

Italy's GDP per capita is $43,309, ranking 29/197, compared to $5,873 in Samoa, ranking 115/197. Adjusted for purchasing power (GDP per capita PPP), Italy ranks 31st at $62,014, while Samoa ranks 137th at $8,737.

Economic indicators

Italy Samoa
Gross domestic product
$2.55T
2025
$1.29B
2025
GDP rank
9/197
2025
186/197
2025
GDP growth
0.54%
2024-2025
4.2%
2024-2025
GDP per capita
$43,309
2025
$5,873
2025
GDP per capita rank
29/197
2025
115/197
2025
GDP per capita, PPP
$62,014
2024
$8,737
2024
GDP per capita PPP rank
31/197
2024
137/197
2024
Government debt
$3.5T
2025
$273M
2025
Debt-to-GDP ratio
137.1%
2025
21.2%
2025
Government debt per person
$59,371
2025
$1,246
2025
Government debt per person rank
6/185
2025
136/185
2025
Average annual personal income after taxes
$23,424
2026
$3,918
2026
Market capitalization of domestic companies
$587B
2014
n/a
Number of millionaires
1,235,000
2026
n/a
Number of billionaires
89
2026
n/a
Income share by richest 10%
25.8%
2023
31.3%
2013
Income share by poorest 10%
2.3%
2023
2.7%
2013
Government expenditure, % of GDP
51.1%
2025
26.4%
2025
Consumer prices inflation
1.53%
2024-2025
2.21%
2024-2025
Central bank interest rate n/a
2.95%
2026
Unemployment rate
6.1%
2025
5.05%
2022
Population
58708169
221158

Spending and national debt comparison by year

Italy
Spending

Debt
Samoa
Spending

Debt
1x
Year % of GDP
Italy Samoa
Government spending Government debt Government spending Government debt
2025 51.1% 137.1% 26.4% 21.2%
2024 50.4% 134.7% 26.3% 25.2%
2023 53.6% 133.9% 28.8% 31.8%
2022 54.9% 138.4% 31.1% 41%
2021 56% 145.8% 34.1% 45.4%
2020 56.8% 154.4% 30.5% 43.2%
2019 48.4% 133.9% 31.8% 44.3%
2018 48.3% 134.2% 30% 49.4%
2017 48.8% 133.7% 30.9% 46.7%
2016 49% 134.2% 27.3% 49%
2015 50.2% 134.8% 30.5% 56.4%
2014 50.7% 134.8% 35.3% 54.9%
2013 50.9% 131.9% 30.7% 54.1%
2012 50.5% 125.9% 33.6% 50.9%
2011 49% 119.1% 33.7% 41.5%
2010 49.8% 118.8% 29.4% 40.3%
2009 51.1% 116.1% 31.5% 33.3%
2008 47.8% 105.8% 27.7% 28.2%
2007 46.6% 103.5% 31.1% 31.5%
2006 47.6% 106.3% 27.7% 33.5%
2005 47.1% 106.2% 30.6% 34.2%
2004 46.7% 104.7% 27.3% 39.8%
2003 47% 105.1% 28.5% 42.8%
2002 46.5% 105.9% 30.7% 50.3%
2001 47.1% 108.5% 30% 53.8%
2000 46.4% 108.7% 30.4% 55.8%
1999 47.1% 113.1% 33.8% 59.4%
1998 48% 113.9% 28.1% 58.9%
1997 49.3% 116.5% 31% -
1996 51.3% 118.9% 38.9% -
1995 51.4% 119.1% 42.2% -
1994 55.1% 130.8% 54.1% -
1993 57.8% 124.1% 49.5% -
1992 56.8% 113% 43.4% -
1991 55.3% 105.3% - -
1990 54.2% 101.7% - -
1989 51.6% 91.8% - -
1988 50.4% 89.2% - -
1987 49.8% 87.4% - -
1986 50.5% 83.4% - -
1985 49.8% 79.1% - -
1984 49.1% 73.1% - -
1983 48.9% 67.8% - -
1982 46.7% 61.8% - -
1981 44.6% 57.3% - -
1980 40.8% 55.1% - -
1979 40.1% 58.9% - -
1978 40.9% 59.9% - -
1977 38.5% 56% - -
1976 38.1% 57.3% - -
1975 39.1% 57.9% - -
1974 34.8% 50.8% - -
1973 35.3% 51.1% - -
1972 36.4% 48.2% - -
1971 34.4% 42.4% - -
1970 32.3% 37.8% - -
1969 32.1% 37% - -
1968 32.6% 36.4% - -
1967 17.9% 33.3% - -
1966 19.1% 33.4% - -
1965 18.6% 28.4% - -
1964 18.2% 27.2% - -
1963 16.7% 27.2% - -
1962 17.5% 29% - -
1961 17.3% 30% - -
1960 16.5% 31.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/italy/samoa | CC BY

In 2025, Italy's government spending was $1.3T, accounting for 51.1% of its GDP, while Samoa spent $340M, or 26.4% of GDP.

Debt-to-GDP ratio is 137.1% in Italy and 21.2% in Samoa, ranking 9/185 and 172/185, respectively.

Government deficit by year

Deficit/surplus
Italy

Samoa
1x
Year Deficit/surplus, % of GDP
Italy Samoa
2025 -3.11% 4.68%
2024 -3.35% 9.29%
2023 -7.13% 2.7%
2022 -8.1% 5.03%
2021 -8.88% 1.71%
2020 -9.38% 5.41%
2019 -1.45% 1.51%
2018 -2.19% 0.06%
2017 -2.51% -1.98%
2016 -2.4% -0.35%
2015 -2.46% -3.79%
2014 -2.82% -5.38%
2013 -2.87% -3.82%
2012 -2.99% -7.43%
2011 -3.52% -5.25%
2010 -4.16% -5.49%
2009 -5.06% -2.98%
2008 -2.58% -0.36%
2007 -1.33% 0.55%
2006 -3.61% -0.44%
2005 -4.1% 0.23%
2004 -3.46% -0.74%
2003 -3.23% -0.51%
2002 -2.88% -1.77%
2001 -3.18% -1.96%
2000 -2.42% -0.62%
1999 -1.77% 0.27%
1998 -2.99% 1.64%
1997 -2.98% 1.92%
1996 -6.61% 1.21%
1995 -7.2% -5.82%
1994 -8.84% -9.51%
1993 -9.76% -13.2%
1992 -10.1% -9.89%
1991 -11.1% -
1990 -11.1% -
1989 -11.4% -
1988 -11% -
1987 -11.5% -
1986 -12% -
1985 -12.4% -
1984 -11.5% -
1983 -10.1% -
1982 -10% -
1981 -10.9% -
1980 -6.97% -
1979 -8.23% -
1978 -8.47% -
1977 -6.96% -
1976 -7.88% -
1975 -10.3% -
1974 -6.24% -
1973 -6.36% -
1972 -6.84% -
1971 -4.71% -
1970 -3.22% -
1969 -2.85% -
1968 -2.55% -
1967 -0.97% -
1966 -1.59% -
1965 -2.67% -
1964 -2.35% -
1963 -0.3% -
1962 -0.95% -
1961 -0.57% -
1960 -0.28% -
1959 -1% -
1958 -0.98% -
1957 -1.09% -
1956 -1.46% -
1955 -2.03% -
1954 -1.84% -
1953 -2.33% -
1952 -4.08% -
1951 -3.86% -
1950 -2.42% -
1949 -2.82% -
1948 -4.58% -
1947 -6.62% -
1946 -9.82% -
1945 -16.9% -
1944 -35.1% -
1943 -16.1% -
1942 -26.9% -
1941 -25.1% -
1940 -24.3% -
1939 -9.49% -
1938 -5.97% -
1937 -5.78% -
1936 -7.93% -
1935 -9.83% -
1934 -2.5% -
1933 -4.85% -
1932 -3.06% -
1931 -2.14% -
1930 -0.55% -
1929 -0.59% -
1928 -2.09% -
1927 -1.71% -
1926 -0.09% -
1925 1.7% -
1924 1.19% -
1923 -3.21% -
1922 -11% -
1921 -7.77% -
1920 -5.89% -
1919 -11.2% -
1918 -22.7% -
1917 -27.6% -
1916 -28.2% -
1915 -25.8% -
1914 -12.4% -
1913 -0.86% -
1912 -1.86% -
1911 -0.63% -
1910 -0.32% -
1909 -0.69% -
1908 -1.31% -
1907 -0.51% -
1906 -0.69% -
1905 -1.57% -
1904 0.58% -
1903 0.32% -
1902 0.48% -
1901 0.36% -
1900 0.28% -
1899 -0.11% -
1898 -0.21% -
1897 0.009% -
1896 -0.43% -
1895 -0.69% -
1894 -0.23% -
1893 -0.49% -
1892 -0.25% -
1891 -1.41% -
1890 -0.32% -
1889 -1.32% -
1888 -2.11% -
1887 -1.94% -
1886 -0.5% -
1885 0.2% -
1884 -1.46% -
1883 -0.51% -
1882 -0.5% -
1881 -0.04% -
1880 0.38% -
1879 0.73% -
1878 0.09% -
1877 -0.009% -
1876 -0.05% -
1875 0.58% -
1874 -0.08% -
1873 0.21% -
1872 0% -
1871 -0.13% -
1870 -0.82% -
1869 0.33% -
1868 -0.79% -
1867 -1.45% -
1866 -3.1% -
1865 -2.72% -
1864 -3.06% -
1863 -4.16% -
1862 -3.96% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1862–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/italy/samoa | CC BY

In 2025, Italy's government deficit, the difference between spending and revenue, was $79.4B, equivalent to 3.11% of GDP. This compares to Samoa's surplus of $60.3M, or 4.68% of GDP.

Over the past 34 years, Italy recorded a fiscal deficit in 34 of those years, while Samoa ran a deficit in 20 years. On average, Italy posted an annual deficit equal to 4.39% of GDP, compared to deficit of 1.32% of GDP for Samoa.

Inflation comparison by year

Inflation
Italy

Samoa
1x
Year Consumer prices inflation
Italy Samoa
2025 1.53% 2.21%
2024 0.98% 2.17%
2023 5.62% 7.92%
2022 8.2% 11%
2021 1.87% 3.13%
2020 -0.14% -1.57%
2019 0.61% 0.98%
2018 1.14% 4.2%
2017 1.23% 1.75%
2016 -0.09% 1.3%
2015 0.04% 0.72%
2014 0.24% -0.41%
2013 1.22% 0.61%
2012 3.04% 2.05%
2011 2.78% 5.24%
2010 1.53% 0.78%
2009 0.77% 6.32%
2008 3.35% 11.6%
2007 1.83% 5.58%
2006 2.09% 3.7%
2005 1.99% 1.86%
2004 2.21% 16.3%
2003 2.67% 0.12%
2002 2.47% 8.05%
2001 2.79% 3.84%
2000 2.54% 0.97%
1999 1.66% 0.27%
1998 1.96% 2.22%
1997 2.04% 6.86%

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

GeoRank.org/economy/italy/samoa | CC BY

Over the past 29 years, Italy has recorded an average annual inflation rate of 2.01%, compared with 3.78% in Samoa. In 2025, inflation was 1.53% in Italy and 2.21% in Samoa.

Top exports between countries

Italy
Export category Export value
Metals $915K
Machinery & equipment $266K
Chemicals & pharma $176K
Raw materials & minerals $74K
Textiles & consumer goods $45K
Processed food, beverages & tobacco $28K
Miscellaneous $2K
Wood & paper products $2K
Samoa
Export category Export value

Balance of trade

Italy Samoa
Current account balance
$29.3B
2025
$89.3M
2025
Current account balance ranking
19/190
2025
64/190
2025
Current account balance, % of GDP
+1.15%
2025
+6.93%
2025
Goods imports
$597B
2025
$440M
2025
Goods exports
$655B
2025
$24.2M
2025
Service imports
$177B
2025
$108M
2025
Service exports
$168B
2025
$328M
2025
Imports of goods and services, % of GDP
30.3%
2025
43%
2025
Exports of goods and services, % of GDP
32.2%
2025
27.6%
2025

Economic freedom indices

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

Italy Samoa
Economic freedom 63.3 68
Economic freedom ranking 80/197 52/197
Property rights 84.8 77.1
Government integrity 60.8 64.1
Judicial effectiveness 80.9 77.6
Tax burden 57.5 79.3
Government spending 15.3 75.2
Fiscal health 17.2 98.7
Business freedom 74.5 63.7
Labor freedom 70.6 73.7
Monetary freedom 79.1 69.4
Trade freedom 79.4 67.2
Investment freedom 80 40
Financial freedom 60 30

Economic freedom comparison by year

Italy
Samoa
1x
Year Economic freedom index
Italy Samoa
2026 63.3 68
2025 60.9 66.6
2024 60.1 67.2
2023 62.3 68.3
2022 65.4 68.3
2021 64.9 61.9
2020 63.8 62.1
2019 62.2 62.2
2018 62.5 61.5
2017 62.5 58.4
2016 61.2 63.5
2015 61.7 61.9
2014 60.9 61.1
2013 60.6 57.1
2012 58.8 60.5
2011 60.3 60.6
2010 62.7 60.4
2009 61.4 59.5
2008 62.6 -
2007 62.8 -
2006 62 -
2005 64.9 -
2004 64.2 -
2003 64.3 -
2002 63.6 -
2001 63 63.1
2000 61.9 60.8
1999 61.6 58.7
1998 59.1 49.9
1997 58.1 51.5
1996 60.8 47.6
1995 61.2 -

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

GeoRank.org/economy/italy/samoa | CC BY

The Economic Freedom Index for Italy is 63.3, ranking 80/197, compared to 68 for Samoa, ranking 52/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Italy Samoa
Services, % of GDP
64.5%
2025
72.1%
2025
Industry, % of GDP
22.6%
2025
10.2%
2025
Agriculture, forestry, and fishing, % of GDP
2.07%
2025
9.09%
2025
GNI, Atlas method
$2.48T
2025
$1.24B
2025
GNI per capita, PPP
$62,870
2025
$9,300
2025
Total reserves including gold
$434B
2025
$598M
2025
Total reserves ranking
10/177
2025
153/177
2025
Net foreign direct investment
$22B
2025
-$1.83M
2025
Net inflows of foreign direct investment
$28.5B
2024
$3.74M
2024
Net outflows of foreign direct investment
$45.9B
2024
$2.05M
2024
Servicing debt to the IMF, % of GNI n/a
3.15%
2024
Poverty at national poverty lines
20.1%
2021
21.9%
2018
Gross capital formation, % of GDP
22.2%
2025
30%
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/italy/samoa | 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 (1862–1989, 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 (2020–2025, 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.