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Economy of Japan vs Tanzania compared: GDP & Debt

Updated on by Georank

Japan has a GDP of $4.44T compared to $90.1B for Tanzania, ranking 4/197 and 83/197 by economy size, respectively.

Japan has $9.16T in government debt (206.5% of GDP), compared to $44.8B (49.7% of GDP) in Tanzania.

Japan vs Tanzania GDP by year

Japan
Tanzania
1x
Year GDP, current $
Japan Tanzania
2025 $4,435,162,999,977 $90,143,496,090
2024 $4,190,008,188,359 $79,235,713,445
2023 $4,384,854,269,962 $79,030,935,638
2022 $4,447,976,207,315 $75,749,121,847
2021 $5,225,933,520,753 $70,655,628,148
2020 $5,189,197,543,645 $66,068,737,786
2019 $5,245,755,000,479 $61,026,731,926
2018 $5,154,293,721,630 $57,003,712,892
2017 $5,038,231,631,661 $53,274,884,533
2016 $5,110,357,383,254 $49,774,409,374
2015 $4,534,438,580,495 $47,413,919,817
2014 $4,985,763,289,561 $49,986,726,461
2013 $5,272,297,037,397 $45,648,857,242
2012 $6,333,803,928,788 $39,650,394,363
2011 $6,279,422,550,219 $34,657,140,096
2010 $5,811,578,109,447 $32,012,892,919
2009 $5,336,765,697,589 $29,400,573,554
2008 $5,160,197,175,876 $27,947,821,398
2007 $4,624,670,179,655 $21,860,434,823
2006 $4,648,058,930,707 $18,619,859,795
2005 $4,875,648,486,366 $18,395,383,647
2004 $4,941,485,123,807 $16,673,062,473
2003 $4,573,413,206,709 $15,211,487,709
2002 $4,245,946,980,572 $14,129,651,896
2001 $4,438,792,748,062 $13,563,990,022
2000 $5,042,381,838,343 $13,371,767,082
1999 $4,688,983,449,627 $12,704,334,196
1998 $4,150,359,076,370 $12,172,790,056
1997 $4,579,780,793,432 $11,158,197,942
1996 $5,021,441,618,840 $9,433,528,150
1995 $5,639,649,753,986 $7,631,431,840
1994 $5,104,063,486,348 $6,550,480,484
1993 $4,632,480,515,091 $6,182,872,708
1992 $4,064,529,567,505 $6,681,997,469
1991 $3,724,887,648,862 $7,197,768,159
1990 $3,252,994,239,867 $6,184,384,225
1989 $3,174,934,735,896 $6,418,799,007
1988 $3,191,546,727,316 $7,406,614,407
1987 $2,635,094,473,494 $7,824,193,222
1986 $2,164,729,071,349 $10,840,864,521
1985 $1,457,070,301,468 $15,328,295,175
1984 $1,374,165,212,365 $12,906,635,133
1983 $1,297,622,008,229 $14,049,883,809
1982 $1,183,132,285,328 $13,927,383,240
1981 $1,271,443,597,067 $13,161,540,378
1980 $1,153,159,955,513 $11,409,228,087
1979 $1,100,608,979,757 $9,804,637,491
1978 $1,057,419,758,047 $9,261,675,710
1977 $752,590,681,822 $7,732,598,995
1976 $611,495,350,304 $6,472,511,988
1975 $544,082,569,364 $5,729,917,840
1974 $500,355,087,138 $4,977,337,978
1973 $450,756,970,744 $4,144,104,535
1972 $331,776,379,992 $3,472,787,266
1971 $250,530,994,765 $3,050,673,517
1970 $221,798,003,144 $2,851,419,386
1969 $188,179,852,753 $5,142,066,811
1968 $160,201,483,788 $4,895,251,824
1967 $135,265,319,098 $4,565,132,048
1966 $115,427,351,851 $4,377,998,825
1965 $99,387,878,008 $3,817,226,546
1964 $89,332,989,729 $3,748,840,925
1963 $75,945,582,324 $3,456,579,293
1962 $66,356,388,224 $3,101,589,993
1961 $58,472,696,006 $2,826,179,031
1960 $48,417,804,545 $2,651,729,807

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

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

GDP per capita in Japan vs Tanzania by year

Japan
GDP per capita

GDP per capita, PPP
Tanzania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Japan Tanzania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,951 - $1,278 -
2024 $33,797 $52,039 $1,156 $4,221
2023 $35,215 $50,662 $1,186 $4,019
2022 $35,548 $47,192 $1,171 $3,800
2021 $41,581 $44,355 $1,125 $3,493
2020 $41,099 $42,426 $1,084 $3,291
2019 $41,425 $42,678 $1,031 $2,982
2018 $40,645 $42,142 $992 $2,728
2017 $39,680 $41,444 $957 $2,472
2016 $40,215 $40,597 $925 $2,435
2015 $35,665 $40,899 $911 $2,317
2014 $39,173 $39,555 $993 $2,221
2013 $41,369 $39,402 $935 $2,176
2012 $49,627 $37,606 $837 $2,083
2011 $49,122 $36,214 $753 $2,211
2010 $45,378 $35,336 $715 $2,069
2009 $41,678 $33,543 $674 $1,972
2008 $40,294 $35,274 $657 $1,908
2007 $36,130 $35,015 $528 $1,820
2006 $36,354 $33,632 $462 $1,707
2005 $38,159 $32,170 $469 $1,598
2004 $38,678 $30,832 $438 $1,482
2003 $35,809 $29,392 $410 $1,379
2002 $33,316 $28,624 $391 $1,302
2001 $34,910 $27,943 $385 $1,229
2000 $39,753 $27,288 $390 $1,164
1999 $37,029 $25,736 $382 $1,120
1998 $32,835 $25,508 $375 $1,082
1997 $36,331 $25,619 $353 $1,059
1996 $39,930 $24,999 $305 $1,026
1995 $44,947 $23,858 $251.2 $981
1994 $40,774 $22,823 $222.5 $958
1993 $37,111 $22,168 $218.2 $959
1992 $32,667 $21,825 $243.4 $955
1991 $30,048 $21,227 $268.8 $952
1990 $26,345 $19,912 $236.9 $925
1989 $25,798 - $252.3 -
1988 $26,037 - $299 -
1987 $21,587 - $326 -
1986 $17,819 - $466 -
1985 $12,058 - $681 -
1984 $11,443 - $593 -
1983 $10,876 - $667 -
1982 $9,986 - $683 -
1981 $10,806 - $665 -
1980 $9,872 - $595 -
1979 $9,497 - $527 -
1978 $9,202 - $515 -
1977 $6,609 - $446 -
1976 $5,422 - $387 -
1975 $4,876 - $355 -
1974 $4,542 - $320 -
1973 $4,147 - $276.1 -
1972 $3,095 - $239.8 -
1971 $2,370 - $218.4 -
1970 $2,145 - $211.3 -
1969 $1,841 - $394 -
1968 $1,586 - $388 -
1967 $1,354 - $374 -
1966 $1,168 - $370 -
1965 $1,015 - $333 -
1964 $922 - $337 -
1963 $792 - $320 -
1962 $699 - $295.7 -
1961 $622 - $277.4 -
1960 $519 - $267.8 -

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

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

Japan's GDP per capita is $35,951, ranking 34/197, compared to $1,278 in Tanzania, ranking 171/197. Adjusted for purchasing power (GDP per capita PPP), Japan ranks 41st at $52,039, while Tanzania ranks 165th at $4,221.

Economic indicators

Japan Tanzania
Gross domestic product
$4.44T
2025
$90.1B
2025
GDP rank
4/197
2025
83/197
2025
GDP growth
1.19%
2024-2025
5.85%
2024-2025
GDP per capita
$35,951
2025
$1,278
2025
GDP per capita rank
34/197
2025
171/197
2025
GDP per capita, PPP
$52,039
2024
$4,221
2024
GDP per capita PPP rank
41/197
2024
165/197
2024
Government debt
$9.16T
2025
$44.8B
2025
Debt-to-GDP ratio
206.5%
2025
49.7%
2025
Government debt per person
$74,248
2025
$635
2025
Government debt per person rank
3/185
2025
159/185
2025
Average annual personal income after taxes
$22,962
2026
$1,203
2026
Market capitalization of domestic companies
$7.61T
2025
$9.78B
2025
Number of millionaires
2,902,000
2026
n/a
Number of billionaires
41
2026
1
2026
Income share by richest 10%
24.3%
2020
33.1%
2018
Income share by poorest 10%
2.3%
2020
2.9%
2018
Government expenditure, % of GDP
36.9%
2025
19.9%
2025
Consumer prices inflation
3.17%
2024-2025
3.33%
2024-2025
Central bank interest rate
0.75%
2025
5.75%
2025
Unemployment rate
2.5%
2025
2.43%
2024
Population
122704252
73639263

Spending and national debt comparison by year

Japan
Spending

Debt
Tanzania
Spending

Debt
1x
Year % of GDP
Japan Tanzania
Government spending Government debt Government spending Government debt
2025 36.9% 206.5% 19.9% 49.7%
2024 37.3% 214.5% 19.1% 49.9%
2023 37.8% 220.3% 19% 47.8%
2022 40.2% 227.8% 19.1% 44.9%
2021 41.3% 222.7% 18.4% 43.4%
2020 43.6% 228.8% 17.4% 41.3%
2019 36.4% 206.3% 17.3% 40.4%
2018 36% 203.7% 17.3% 42%
2017 35.9% 203.1% 16.4% 40.1%
2016 36.5% 202.1% 16.9% 39.8%
2015 36.6% 200.1% 17.2% 39.5%
2014 37.8% 203.6% 17.3% 36.4%
2013 38.4% 201.2% 18.8% 32.7%
2012 38.4% 197.1% 19.6% 30%
2011 38.4% 190.6% 19% 28.4%
2010 37.4% 178.6% 19.8% 27.6%
2009 38.3% 172.9% 19.6% 23.9%
2008 33.7% 153.6% 18.1% 21.6%
2007 32.8% 150.4% 17.8% 23.8%
2006 32.7% 152.1% 17.6% 17.4%
2005 33.2% 153.4% 18.3% 25.4%
2004 33.3% 148.8% 17% 44.5%
2003 34.6% 140.2% 15.4% 44.4%
2002 34.9% 134.6% 13.6% 47.4%
2001 34.7% 126.8% 12.4% 50.8%
2000 35.4% 118.5% 12.3% 55.4%
1999 35.2% 113.5% 12.8% 62.9%
1998 38.1% 101.6% 11.4% 62.2%
1997 32.4% 91.3% 12.8% 73.4%
1996 33.1% 85.3% 13.4% 89.6%
1995 32.8% 80.7% 15.6% 111.1%
1994 32.1% 73.3% 16.8% 126%
1993 31.4% 63.2% 16.4% 129.2%
1992 29.6% 57.9% 17.6% 117.6%
1991 28.6% 54.1% 14.2% 106.5%
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 (1960–2000, retrieved 2026-07-08).

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

In 2025, Japan's government spending was $1.63T, accounting for 36.9% of its GDP, while Tanzania spent $18B, or 19.9% of GDP.

Debt-to-GDP ratio is 206.5% in Japan and 49.7% in Tanzania, ranking 3/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Japan

Tanzania
1x
Year Deficit/surplus, % of GDP
Japan Tanzania
2025 -1.05% -3.04%
2024 -1.67% -3.03%
2023 -2.39% -3.67%
2022 -4.23% -3.92%
2021 -6.32% -3.55%
2020 -9.04% -2.56%
2019 -3.05% -2.06%
2018 -2.44% -2.01%
2017 -3.05% -1.14%
2016 -3.58% -2.08%
2015 -3.64% -3.17%
2014 -5.58% -2.91%
2013 -7.62% -3.76%
2012 -8.22% -4%
2011 -9.02% -3.51%
2010 -9.05% -4.74%
2009 -9.62% -4.46%
2008 -4.07% -1.92%
2007 -2.86% -1.44%
2006 -3% -3.38%
2005 -4.39% -3.28%
2004 -5.26% -2.43%
2003 -7.35% -1.77%
2002 -7.22% -0.73%
2001 -6.11% -0.41%
2000 -7.17% -0.73%
1999 -6.68% -1.14%
1998 -9.91% 0.13%
1997 -3.44% -0.03%
1996 -4.75% 1.57%
1995 -4.22% -2.12%
1994 -3.7% -3.74%
1993 -2.34% -2.02%
1992 0.56% -4.96%
1991 1.64% 0.6%
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/tanzania | 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 Tanzania's deficit of $2.74B, or 3.04% of GDP.

Over the past 35 years, Japan recorded a fiscal deficit in 33 of those years, while Tanzania ran a deficit in 32 years. On average, Japan posted an annual deficit equal to 4.85% of GDP, compared to deficit of 2.33% of GDP for Tanzania.

Inflation comparison by year

Inflation
Japan

Tanzania
1x
Year Consumer prices inflation
Japan Tanzania
2025 3.17% 3.33%
2024 2.74% 3.06%
2023 3.27% 3.8%
2022 2.5% 4.35%
2021 -0.23% 3.69%
2020 -0.02% 3.29%
2019 0.47% 3.46%
2018 0.99% 3.49%
2017 0.48% 5.32%
2016 -0.13% 5.17%
2015 0.8% 5.59%
2014 2.76% 6.13%
2013 0.34% 7.87%
2012 -0.04% 16%
2011 -0.27% 12.7%
2010 -0.73% 6.2%
2009 -1.35% 12.1%
2008 1.38% 10.3%
2007 0.06% 7.03%
2006 0.25% 7.25%
2005 -0.28% 5.03%
2004 -0.009% 4.74%
2003 -0.26% 5.3%
2002 -0.92% 5.32%
2001 -0.74% 5.15%
2000 -0.68% 5.92%
1999 -0.34% 7.89%
1998 0.66% 12.8%
1997 1.75% 16.1%

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

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

Over the past 29 years, Japan has recorded an average annual inflation rate of 0.54%, compared with 6.84% in Tanzania. In 2025, inflation was 3.17% in Japan and 3.33% in Tanzania.

Top exports between countries

Japan
Export category Export value
Machinery & equipment $539M
Metals $133M
Miscellaneous $64.4M
Raw materials & minerals $12.6M
Textiles & consumer goods $5.39M
Chemicals & pharma $3.19M
Animal & marine products $562K
Wood & paper products $184K
Precious metals & jewellery $25K
Processed food, beverages & tobacco $2K
Tanzania
Export category Export value
Raw agricultural goods $96.1M
Raw materials & minerals $2.87M
Metals $1.34M
Animal & marine products $1.34M
Processed food, beverages & tobacco $1.21M
Textiles & consumer goods $1.18M
Wood & paper products $626K
Chemicals & pharma $165K
Machinery & equipment $118K
Precious metals & jewellery $23K

Balance of trade

Japan Tanzania
Current account balance
$216B
2025
-$2.38B
2024
Current account balance ranking
3/190
2025
144/190
2024
Current account balance, % of GDP
+4.86%
2025
-3%
2024
Goods imports
$729B
2025
$14.2B
2024
Goods exports
$725B
2025
$9.12B
2024
Service imports
$269B
2025
$2.8B
2024
Service exports
$246B
2025
$6.85B
2024
Imports of goods and services, % of GDP
22.9%
2024
20%
2025
Exports of goods and services, % of GDP
22%
2024
19%
2025

Economic freedom indices

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

Japan Tanzania
Economic freedom 70.3 59
Economic freedom ranking 36/197 106/197
Property rights 94.2 45.2
Government integrity 81.1 40.9
Judicial effectiveness 97.9 29.6
Tax burden 63 80.4
Government spending 52 89.1
Fiscal health 41.7 75
Business freedom 77.8 48.1
Labor freedom 65.9 62.3
Monetary freedom 74.3 73.4
Trade freedom 76.2 58.8
Investment freedom 60 55
Financial freedom 60 50

Economic freedom comparison by year

Japan
Tanzania
1x
Year Economic freedom index
Japan Tanzania
2026 70.3 59
2025 70.2 59.3
2024 67.5 59.1
2023 69.3 60
2022 69.9 59.5
2021 74.1 61.3
2020 73.3 61.7
2019 72.1 60.2
2018 72.3 59.9
2017 69.6 58.6
2016 73.1 58.5
2015 73.3 57.5
2014 72.4 57.8
2013 71.8 57.9
2012 71.6 57
2011 72.8 57
2010 72.9 58.3
2009 72.8 58.3
2008 73 56.5
2007 72.7 56.8
2006 73.3 58.5
2005 67.3 56.3
2004 64.3 60.1
2003 67.6 56.9
2002 66.7 58.3
2001 70.9 54.9
2000 70.7 56
1999 69.1 60
1998 70.2 59.6
1997 70.3 59.3
1996 72.6 57.5
1995 75 57.3

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

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

The Economic Freedom Index for Japan is 70.3, ranking 36/197, compared to 59 for Tanzania, ranking 106/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Japan Tanzania
Services, % of GDP
71.4%
2024
28.8%
2025
Industry, % of GDP
26.8%
2024
29.8%
2025
Agriculture, forestry, and fishing, % of GDP
0.96%
2024
22.9%
2025
GNI, Atlas method
$4.73T
2025
$87B
2025
GNI per capita, PPP
$58,920
2025
$4,370
2025
Total reserves including gold
$1.37T
2025
$5.05B
2018
Total reserves ranking
3/177
2025
106/177
2018
Net foreign direct investment
$172B
2025
-$1.72B
2024
Net inflows of foreign direct investment
$18.9B
2024
$1.72B
2024
Net outflows of foreign direct investment
$207B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
2.56%
2024
Poverty at national poverty lines
16.1%
2020
26.4%
2018
Gross capital formation, % of GDP
27.7%
2024
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).

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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 (1875–2000, 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 (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.