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Economy of Japan vs Lithuania compared: GDP & Debt

Updated on by Georank

Japan has a GDP of $4.44T compared to $95.2B for Lithuania, ranking 4/197 and 79/197 by economy size, respectively.

Japan has $9.16T in government debt (206.5% of GDP), compared to $37.9B (39.8% of GDP) in Lithuania.

Japan vs Lithuania GDP by year

Japan
Lithuania
1x
Year GDP, current $
Japan Lithuania
2025 $4,435,162,999,977 $95,210,150,818
2024 $4,190,008,188,359 $85,503,938,574
2023 $4,384,854,269,962 $80,356,613,555
2022 $4,447,976,207,315 $70,639,687,326
2021 $5,225,933,520,753 $67,072,165,721
2020 $5,189,197,543,645 $57,412,038,533
2019 $5,245,755,000,479 $55,122,066,226
2018 $5,154,293,721,630 $54,261,795,149
2017 $5,038,231,631,661 $47,756,764,508
2016 $5,110,357,383,254 $42,970,749,245
2015 $4,534,438,580,495 $41,540,954,817
2014 $4,985,763,289,561 $48,306,546,657
2013 $5,272,297,037,397 $46,303,660,422
2012 $6,333,803,928,788 $42,709,372,067
2011 $6,279,422,550,219 $43,186,501,863
2010 $5,811,578,109,447 $36,638,128,534
2009 $5,336,765,697,589 $37,494,380,039
2008 $5,160,197,175,876 $47,831,254,208
2007 $4,624,670,179,655 $39,729,151,615
2006 $4,648,058,930,707 $30,116,192,747
2005 $4,875,648,486,366 $26,105,207,115
2004 $4,941,485,123,807 $22,743,164,431
2003 $4,573,413,206,709 $18,809,197,970
2002 $4,245,946,980,572 $14,282,292,665
2001 $4,438,792,748,062 $12,260,761,329
2000 $5,042,381,838,343 $11,550,695,727
1999 $4,688,983,449,627 $11,022,095,814
1998 $4,150,359,076,370 $11,289,161,847
1997 $4,579,780,793,432 $10,168,271,903
1996 $5,021,441,618,840 $8,430,207,164
1995 $5,639,649,753,986 $7,921,210,340
1994 $5,104,063,486,348 -
1993 $4,632,480,515,091 -
1992 $4,064,529,567,505 -
1991 $3,724,887,648,862 -
1990 $3,252,994,239,867 -
1989 $3,174,934,735,896 -
1988 $3,191,546,727,316 -
1987 $2,635,094,473,494 -
1986 $2,164,729,071,349 -
1985 $1,457,070,301,468 -
1984 $1,374,165,212,365 -
1983 $1,297,622,008,229 -
1982 $1,183,132,285,328 -
1981 $1,271,443,597,067 -
1980 $1,153,159,955,513 -
1979 $1,100,608,979,757 -
1978 $1,057,419,758,047 -
1977 $752,590,681,822 -
1976 $611,495,350,304 -
1975 $544,082,569,364 -
1974 $500,355,087,138 -
1973 $450,756,970,744 -
1972 $331,776,379,992 -
1971 $250,530,994,765 -
1970 $221,798,003,144 -
1969 $188,179,852,753 -
1968 $160,201,483,788 -
1967 $135,265,319,098 -
1966 $115,427,351,851 -
1965 $99,387,878,008 -
1964 $89,332,989,729 -
1963 $75,945,582,324 -
1962 $66,356,388,224 -
1961 $58,472,696,006 -
1960 $48,417,804,545 -

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

GeoRank.org/economy/japan/lithuania | CC BY

GDP per capita in Japan vs Lithuania by year

Japan
GDP per capita

GDP per capita, PPP
Lithuania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Japan Lithuania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,951 - $32,959 -
2024 $33,797 $52,039 $29,604 $55,286
2023 $35,215 $50,662 $27,983 $52,348
2022 $35,548 $47,192 $24,947 $50,936
2021 $41,581 $44,355 $23,883 $45,874
2020 $41,099 $42,426 $20,429 $41,263
2019 $41,425 $42,678 $19,609 $40,564
2018 $40,645 $42,142 $19,247 $36,492
2017 $39,680 $41,444 $16,800 $31,305
2016 $40,215 $40,597 $14,934 $28,699
2015 $35,665 $40,899 $14,270 $26,949
2014 $39,173 $39,555 $16,446 $26,275
2013 $41,369 $39,402 $15,637 $24,890
2012 $49,627 $37,606 $14,288 $23,275
2011 $49,122 $36,214 $14,262 $21,558
2010 $45,378 $35,336 $11,829 $18,719
2009 $41,678 $33,543 $11,854 $17,055
2008 $40,294 $35,274 $14,956 $19,410
2007 $36,130 $35,015 $12,295 $17,969
2006 $36,354 $33,632 $9,210 $15,522
2005 $38,159 $32,170 $7,857 $13,951
2004 $38,678 $30,832 $6,735 $12,605
2003 $35,809 $29,392 $5,507 $11,660
2002 $33,316 $28,624 $4,148 $10,296
2001 $34,910 $27,943 $3,533 $9,399
2000 $39,753 $27,288 $3,301 $8,475
1999 $37,029 $25,736 $3,128 $7,918
1998 $32,835 $25,508 $3,181 $7,846
1997 $36,331 $25,619 $2,844 $7,167
1996 $39,930 $24,999 $2,341 $6,479
1995 $44,947 $23,858 $2,183 $6,023
1994 $40,774 $22,823 - $5,667
1993 $37,111 $22,168 - $6,107
1992 $32,667 $21,825 - $7,087
1991 $30,048 $21,227 - $8,790
1990 $26,345 $19,912 - $9,030
1989 $25,798 - - -
1988 $26,037 - - -
1987 $21,587 - - -
1986 $17,819 - - -
1985 $12,058 - - -
1984 $11,443 - - -
1983 $10,876 - - -
1982 $9,986 - - -
1981 $10,806 - - -
1980 $9,872 - - -
1979 $9,497 - - -
1978 $9,202 - - -
1977 $6,609 - - -
1976 $5,422 - - -
1975 $4,876 - - -
1974 $4,542 - - -
1973 $4,147 - - -
1972 $3,095 - - -
1971 $2,370 - - -
1970 $2,145 - - -
1969 $1,841 - - -
1968 $1,586 - - -
1967 $1,354 - - -
1966 $1,168 - - -
1965 $1,015 - - -
1964 $922 - - -
1963 $792 - - -
1962 $699 - - -
1961 $622 - - -
1960 $519 - - -

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

GeoRank.org/economy/japan/lithuania | CC BY

Japan's GDP per capita is $35,951, ranking 34/197, compared to $32,959 in Lithuania, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Japan ranks 41st at $52,039, while Lithuania ranks 39th at $55,286.

Economic indicators

Japan Lithuania
Gross domestic product
$4.44T
2025
$95.2B
2025
GDP rank
4/197
2025
79/197
2025
GDP growth
1.19%
2024-2025
2.92%
2024-2025
GDP per capita
$35,951
2025
$32,959
2025
GDP per capita rank
34/197
2025
39/197
2025
GDP per capita, PPP
$52,039
2024
$55,286
2024
GDP per capita PPP rank
41/197
2024
39/197
2024
Government debt
$9.16T
2025
$37.9B
2025
Debt-to-GDP ratio
206.5%
2025
39.8%
2025
Government debt per person
$74,248
2025
$13,127
2025
Government debt per person rank
3/185
2025
49/185
2025
Average annual personal income after taxes
$22,962
2026
$20,453
2026
Market capitalization of domestic companies
$7.61T
2025
n/a
Number of millionaires
2,902,000
2026
n/a
Number of billionaires
41
2026
n/a
Income share by richest 10%
24.3%
2020
27.3%
2023
Income share by poorest 10%
2.3%
2020
2.2%
2023
Government expenditure, % of GDP
36.9%
2025
41.2%
2025
Consumer prices inflation
3.17%
2024-2025
3.79%
2024-2025
Central bank interest rate
0.75%
2025
n/a
Unemployment rate
2.5%
2025
6.9%
2025
Population
122704252
2845693

Spending and national debt comparison by year

Japan
Spending

Debt
Lithuania
Spending

Debt
1x
Year % of GDP
Japan Lithuania
Government spending Government debt Government spending Government debt
2025 36.9% 206.5% 41.2% 39.8%
2024 37.3% 214.5% 39.4% 38%
2023 37.8% 220.3% 37.2% 37.1%
2022 40.2% 227.8% 36.6% 38.3%
2021 41.3% 222.7% 37.3% 43.3%
2020 43.6% 228.8% 42.4% 45.9%
2019 36.4% 206.3% 34.6% 35.6%
2018 36% 203.7% 33.8% 33.3%
2017 35.9% 203.1% 33.4% 39.1%
2016 36.5% 202.1% 34.5% 39.8%
2015 36.6% 200.1% 35.2% 42.4%
2014 37.8% 203.6% 35% 40.7%
2013 38.4% 201.2% 35.7% 38.9%
2012 38.4% 197.1% 36.6% 39.9%
2011 38.4% 190.6% 40.1% 37.5%
2010 37.4% 178.6% 43% 36.7%
2009 38.3% 172.9% 44.8% 27.9%
2008 33.7% 153.6% 38.2% 14.6%
2007 32.8% 150.4% 35.3% 15.9%
2006 32.7% 152.1% 34.4% 17.3%
2005 33.2% 153.4% 34.1% 17.6%
2004 33.3% 148.8% 33.9% 18.6%
2003 34.6% 140.2% 32.8% 20.4%
2002 34.9% 134.6% 34.4% 22.1%
2001 34.7% 126.8% 36.5% 22.9%
2000 35.4% 118.5% 38.7% 23.5%
1999 35.2% 113.5% 42.4% 28%
1998 38.1% 101.6% 39.6% 21.7%
1997 32.4% 91.3% 35.1% -
1996 33.1% 85.3% 34.4% -
1995 32.8% 80.7% 35.5% -
1994 32.1% 73.3% - -
1993 31.4% 63.2% - -
1992 29.6% 57.9% - -
1991 28.6% 54.1% - -
1990 28.8% 54.8% - -
1989 29.2% 65.7% - -
1988 29.9% 71.9% - -
1987 30.6% 75.8% - -
1986 30.4% 74.1% - -
1985 30.4% 68.3% - -
1984 31.2% 65.6% - -
1983 31.8% 63.5% - -
1982 31.7% 57.7% - -
1981 31.5% 52.8% - -
1980 33.5% 47.8% - -
1979 33.2% 43.8% - -
1978 32.1% 39% - -
1977 30.4% 31.1% - -
1976 29.1% 26.1% - -
1975 28.5% 20.9% - -
1974 25.5% 16.7% - -
1973 23.3% 15.9% - -
1972 23.1% 16.3% - -
1971 21.8% 12.6% - -
1970 20.2% 11.2% - -
1969 19.8% 11.4% - -
1968 20.1% 11.8% - -
1967 19.9% 11.4% - -
1966 20.8% 11.2% - -
1965 20.4% 9.78% - -
1964 19.8% 8.53% - -
1963 20% 8.66% - -
1962 19.4% 9.01% - -
1961 18.2% 8.44% - -
1960 18.4% 10.4% - -

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/japan/lithuania | CC BY

In 2025, Japan's government spending was $1.63T, accounting for 36.9% of its GDP, while Lithuania spent $39.2B, or 41.2% of GDP.

Debt-to-GDP ratio is 206.5% in Japan and 39.8% in Lithuania, ranking 3/185 and 135/185, respectively.

Government deficit by year

Deficit/surplus
Japan

Lithuania
1x
Year Deficit/surplus, % of GDP
Japan Lithuania
2025 -1.05% -2.18%
2024 -1.67% -1.28%
2023 -2.39% -0.66%
2022 -4.23% -0.72%
2021 -6.32% -1.15%
2020 -9.04% -6.42%
2019 -3.05% 0.41%
2018 -2.44% 0.52%
2017 -3.05% 0.36%
2016 -3.58% 0.03%
2015 -3.64% -0.77%
2014 -5.58% -1.79%
2013 -7.62% -2.69%
2012 -8.22% -3.15%
2011 -9.02% -5.92%
2010 -9.05% -6.95%
2009 -9.62% -9.09%
2008 -4.07% -3.09%
2007 -2.86% -0.82%
2006 -3% -0.27%
2005 -4.39% -0.34%
2004 -5.26% -1.39%
2003 -7.35% -1.26%
2002 -7.22% -1.85%
2001 -6.11% -3.52%
2000 -7.17% -3.18%
1999 -6.68% -7.82%
1998 -9.91% -4.93%
1997 -3.44% -0.76%
1996 -4.75% -3.58%
1995 -4.22% -3.31%
1994 -3.7% -
1993 -2.34% -
1992 0.56% -
1991 1.64% -
1990 1.91% -
1989 1.23% -
1988 0.49% -
1987 -0.36% -
1986 -1.36% -
1985 -1.37% -
1984 -2.62% -
1983 -3.95% -
1982 -3.81% -
1981 -3.85% -
1980 -4.66% -
1979 -5% -
1978 -5.79% -
1977 -4.02% -
1976 -3.89% -
1975 -2.92% -
1974 0.38% -
1973 0.56% -
1972 -0.13% -
1971 1.21% -
1970 1.74% -
1969 1.26% -
1968 0.88% -
1967 0.8% -
1966 -0.34% -
1965 0.48% -
1964 0.85% -
1963 1.08% -
1962 1.49% -
1961 2.58% -
1960 1.85% -
1959 0.97% -
1958 -0.1% -
1957 1.27% -
1956 1.39% -
1955 -0.67% -
1954 0.7% -
1953 1.65% -
1952 2.22% -
1951 5.06% -
1950 6.99% -
1949 12.5% -
1948 7.53% -
1947 6.09% -
1946 - -
1945 - -
1944 - -
1943 0.32% -
1942 -0.13% -
1941 -0.19% -
1940 0.31% -
1939 0.11% -
1938 0.45% -
1937 0.71% -
1936 0.34% -
1935 0.26% -
1934 0.34% -
1933 0.28% -
1932 0.31% -
1931 0.23% -
1930 0.19% -
1929 0.5% -
1928 0.42% -
1927 0.58% -
1926 0.65% -
1925 0.75% -
1924 0.84% -
1923 0.87% -
1922 0.89% -
1921 1.43% -
1920 1.19% -
1919 1.21% -
1918 1.58% -
1917 1.54% -
1916 1.37% -
1915 1.41% -
1914 1.31% -
1913 1.21% -
1912 1.27% -
1911 1.21% -
1910 1.57% -
1909 1.51% -
1908 1.63% -
1907 1.77% -
1906 0.46% -
1905 -0.68% -
1904 -0.81% -
1903 0.19% -
1902 0.44% -
1901 0.21% -
1900 0.53% -
1899 0.2% -
1898 0.6% -
1897 0.33% -
1896 0.88% -
1895 0.28% -
1894 -0.24% -
1893 0.6% -
1892 0.63% -
1891 0.61% -
1890 0.74% -
1889 0.18% -
1888 0.13% -
1887 0.11% -
1886 0.03% -
1885 0.01% -
1884 0.001% -
1883 0.03% -
1882 0.001% -
1881 0.001% -
1880 0.004% -
1879 0.02% -
1878 0.02% -
1877 -0.29% -
1876 -0.42% -
1875 0.005% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1875–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/japan/lithuania | CC BY

In 2025, Japan's government deficit, the difference between spending and revenue, was $46.7B, equivalent to 1.05% of GDP. This compares to Lithuania's deficit of $2.08B, or 2.18% of GDP.

Over the past 31 years, Japan recorded a fiscal deficit in 31 of those years, while Lithuania ran a deficit in 27 years. On average, Japan posted an annual deficit equal to 5.35% of GDP, compared to deficit of 2.5% of GDP for Lithuania.

Inflation comparison by year

Inflation
Japan

Lithuania
1x
Year Consumer prices inflation
Japan Lithuania
2025 3.17% 3.79%
2024 2.74% 0.72%
2023 3.27% 9.12%
2022 2.5% 19.7%
2021 -0.23% 4.68%
2020 -0.02% 1.2%
2019 0.47% 2.33%
2018 0.99% 2.7%
2017 0.48% 3.72%
2016 -0.13% 0.91%
2015 0.8% -0.88%
2014 2.76% 0.1%
2013 0.34% 1.05%
2012 -0.04% 3.09%
2011 -0.27% 4.13%
2010 -0.73% 1.32%
2009 -1.35% 4.45%
2008 1.38% 10.9%
2007 0.06% 5.74%
2006 0.25% 3.74%
2005 -0.28% 2.66%
2004 -0.009% 1.16%
2003 -0.26% -1.13%
2002 -0.92% 0.28%
2001 -0.74% 1.37%
2000 -0.68% 0.98%
1999 -0.34% 0.73%
1998 0.66% 5.07%
1997 1.75% 8.88%

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

GeoRank.org/economy/japan/lithuania | CC BY

Over the past 29 years, Japan has recorded an average annual inflation rate of 0.54%, compared with 3.54% in Lithuania. In 2025, inflation was 3.17% in Japan and 3.79% in Lithuania.

Top exports between countries

Japan
Export category Export value
Machinery & equipment $24.2M
Miscellaneous $19.3M
Chemicals & pharma $11.3M
Textiles & consumer goods $10.1M
Processed food, beverages & tobacco $3.83M
Raw materials & minerals $2.34M
Wood & paper products $996K
Metals $458K
Precious metals & jewellery $428K
Raw agricultural goods $385K
Lithuania
Export category Export value
Machinery & equipment $37.2M
Chemicals & pharma $30.6M
Processed food, beverages & tobacco $24.7M
Textiles & consumer goods $7.27M
IT & IP services $7.02M
Metals $5.18M
Precious metals & jewellery $4.97M
Animal & marine products $4.15M
Raw agricultural goods $3.33M
Transport & tourism services $3.25M

Balance of trade

Japan Lithuania
Current account balance
$216B
2025
$900M
2025
Current account balance ranking
3/190
2025
51/190
2025
Current account balance, % of GDP
+4.86%
2025
+0.94%
2025
Goods imports
$729B
2025
$48.3B
2025
Goods exports
$725B
2025
$40.7B
2025
Service imports
$269B
2025
$17.5B
2025
Service exports
$246B
2025
$28.8B
2025
Imports of goods and services, % of GDP
22.9%
2024
69.1%
2025
Exports of goods and services, % of GDP
22%
2024
73%
2025

Economic freedom indices

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

Japan Lithuania
Economic freedom 70.3 75.3
Economic freedom ranking 36/197 18/197
Property rights 94.2 91.8
Government integrity 81.1 71.4
Judicial effectiveness 97.9 73.2
Tax burden 63 76.2
Government spending 52 57.3
Fiscal health 41.7 95.8
Business freedom 77.8 84.2
Labor freedom 65.9 58.1
Monetary freedom 74.3 76.7
Trade freedom 76.2 79.4
Investment freedom 60 70
Financial freedom 60 70

Economic freedom comparison by year

Japan
Lithuania
1x
Year Economic freedom index
Japan Lithuania
2026 70.3 75.3
2025 70.2 74.6
2024 67.5 72.9
2023 69.3 72.2
2022 69.9 75.8
2021 74.1 76.9
2020 73.3 76.7
2019 72.1 74.2
2018 72.3 75.3
2017 69.6 75.8
2016 73.1 75.2
2015 73.3 74.7
2014 72.4 73
2013 71.8 72.1
2012 71.6 71.5
2011 72.8 71.3
2010 72.9 70.3
2009 72.8 70
2008 73 70.9
2007 72.7 71.5
2006 73.3 71.8
2005 67.3 70.5
2004 64.3 72.4
2003 67.6 69.7
2002 66.7 66.1
2001 70.9 65.5
2000 70.7 61.9
1999 69.1 61.5
1998 70.2 59.4
1997 70.3 57.3
1996 72.6 49.7
1995 75 -

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

GeoRank.org/economy/japan/lithuania | CC BY

The Economic Freedom Index for Japan is 70.3, ranking 36/197, compared to 75.3 for Lithuania, ranking 18/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Japan Lithuania
Services, % of GDP
71.4%
2024
64.8%
2025
Industry, % of GDP
26.8%
2024
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
0.96%
2024
2.27%
2025
GNI, Atlas method
$4.73T
2025
$88.1B
2025
GNI per capita, PPP
$58,920
2025
$55,010
2025
Total reserves including gold
$1.37T
2025
$7.06B
2025
Total reserves ranking
3/177
2025
90/177
2025
Net foreign direct investment
$172B
2025
-$2.96B
2025
Net inflows of foreign direct investment
$18.9B
2024
$4.7B
2024
Net outflows of foreign direct investment
$207B
2024
$795M
2024
Poverty at national poverty lines
16.1%
2020
20.9%
2021
Gross capital formation, % of GDP
27.7%
2024
22.2%
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/japan/lithuania | 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 (1875–1989, 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 (2024–2025, 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.

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.