Skip to content

Economy of Kiribati vs Myanmar compared: GDP & Debt

Updated on by Georank team

Kiribati has a GDP of $308M compared to $74.1B for Myanmar, ranking 192/197 and 85/197 by economy size, respectively.

Kiribati has $30.5M in government debt (8.77% of GDP), compared to $45.4B (62.6% of GDP) in Myanmar.

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

Kiribati
GDP, current $

GDP, constant 2015 $
Myanmar
GDP, current $

GDP, constant 2015 $
Year GDP
Kiribati Myanmar
Current $ Constant $ Current $ Constant $
1960 - - $545,098,448 $2,819,978,877
1961 - - $605,581,577 $2,833,276,800
1962 - - $634,528,872 $2,949,069,211
1963 - - $598,998,419 $3,342,749,158
1964 - - $411,419,906 $3,145,726,893
1965 - - $367,053,117 $3,482,088,444
1966 - - $293,103,479 $3,313,145,218
1967 - - $420,359,036 $3,116,832,787
1968 - - $559,956,130 $3,492,702,256
1969 - - $571,854,215 $3,607,672,972
1970 $11,560,877 $84,746,575 $563,555,631 $3,787,310,936
1971 $12,356,134 $82,805,827 $587,448,405 $3,943,725,456
1972 $15,314,346 $92,808,131 $662,213,083 $4,039,788,352
1973 $25,645,040 $112,214,203 $719,754,655 $4,000,678,162
1974 $69,256,489 $163,050,326 $1,225,589,878 $4,214,409,420
1975 $44,547,454 $171,764,420 $1,061,107,354 $4,389,421,587
1976 $33,246,817 $125,786,121 $1,204,699,849 $4,656,315,812
1977 $31,335,459 $119,984,073 $873,579,932 $4,933,473,074
1978 $36,563,965 $121,255,417 $935,408,775 $5,255,027,822
1979 $34,466,197 $107,207,984 $952,265,043 $5,528,356,401
1980 $33,157,723 $106,050,818 $1,038,225,167 $5,967,227,079
1981 $35,267,489 $112,543,455 $1,111,000,765 $6,346,489,388
1982 $32,742,713 $111,316,560 $1,481,165,468 $6,702,138,811
1983 $31,000,546 $100,432,092 $1,381,573,615 $6,996,435,938
1984 $34,394,167 $114,410,720 $1,304,063,253 $7,341,551,094
1985 $26,126,615 $99,262,600 $1,478,908,173 $7,550,858,733
1986 $25,993,009 $96,815,059 $1,582,873,750 $7,471,019,822
1987 $29,554,413 $98,066,620 $1,562,448,077 $7,171,758,277
1988 $38,278,810 $119,685,813 $1,541,088,312 $6,357,588,760
1989 $37,645,319 $110,957,795 $2,013,448,229 $6,592,520,573
1990 $36,534,295 $103,872,769 $2,115,193,513 $6,778,227,479
1991 $41,247,792 $98,005,325 $2,069,832,687 $6,734,127,185
1992 $61,491,369 $121,486,649 $2,411,552,289 $7,384,707,337
1993 $58,953,596 $121,360,309 $3,163,020,035 $7,830,700,107
1994 $67,055,334 $123,842,439 $4,432,257,174 $8,416,276,600
1995 $68,596,395 $127,250,841 $5,289,174,943 $9,001,043,827
1996 $81,456,854 $127,184,611 $6,123,556,717 $9,580,955,459
1997 $80,205,807 $128,681,743 $4,722,288,496 $10,122,431,106
1998 $74,905,706 $134,398,139 $6,459,461,639 $10,716,234,491
1999 $77,323,978 $129,137,484 $8,486,832,801 $11,889,140,285
2000 $74,910,527 $137,844,792 $8,905,066,164 $13,523,413,252
2001 $64,935,850 $133,510,774 $6,477,790,688 $15,057,508,855
2002 $74,743,869 $135,442,881 $6,777,632,512 $16,868,251,605
2003 $96,105,619 $133,309,024 $10,467,109,978 $19,203,491,833
2004 $104,085,892 $132,497,215 $10,567,354,056 $21,808,380,519
2005 $113,895,437 $134,209,649 $11,986,972,419 $24,767,548,772
2006 $112,338,353 $141,962,853 $14,502,553,710 $28,006,178,558
2007 $138,054,946 $146,299,931 $20,182,477,481 $31,364,521,323
2008 $147,017,895 $141,933,271 $31,862,554,102 $34,581,048,770
2009 $140,177,384 $142,695,171 $36,906,181,381 $38,229,352,561
2010 $165,458,433 $144,444,545 $49,540,813,342 $41,912,536,386
2011 $195,970,140 $149,158,821 $59,977,326,086 $44,256,068,473
2012 $207,001,546 $157,815,491 $59,937,796,648 $47,501,220,127
2013 $201,730,861 $170,016,084 $60,269,732,855 $51,503,673,421
2014 $200,287,282 $172,164,514 $65,531,374,200 $55,711,475,876
2015 $191,559,399 $191,559,399 $59,607,290,408 $59,607,290,408
2016 $206,467,819 $205,137,195 $63,298,361,996 $63,101,751,663
2017 $222,875,736 $212,828,030 $66,053,040,483 $66,973,743,449
2018 $233,514,717 $220,233,253 $67,860,515,990 $71,172,235,146
2019 $216,985,388 $227,422,300 $75,065,106,228 $75,854,734,834
2020 $220,897,999 $224,083,588 $79,006,113,643 $68,991,135,074
2021 $285,259,894 $243,085,289 $66,345,291,160 $60,700,903,303
2022 $270,040,457 $254,185,355 $62,253,049,892 $63,151,698,289
2023 $288,610,732 $260,926,379 $66,757,619,000 $63,756,973,610
2024 $307,862,547 $274,669,108 $74,079,772,652 $63,137,226,235

Economic indicators

Kiribati Myanmar
Gross domestic product
$308M
2024
$74.1B
2024
GDP rank
192/197
2024
85/197
2024
GDP growth
6.67%
2023-2024
11%
2023-2024
GDP per capita
$2,289
2024
$1,359
2024
GDP per capita rank
151/197
2024
165/197
2024
GDP per capita, PPP
$3,702
2024
$5,997
2024
Government debt
$30.5M
2024
$45.4B
2024
Debt-to-GDP ratio
8.77%
2025
62.6%
2025
Government debt per person
$226.9
2024
$833
2024
Government debt per person rank
181/185
2024
146/185
2024
Average annual personal income after taxes
$2,170
2025
$1,798
2025
Income share by richest 10%
22.8%
2019
25.5%
2017
Income share by poorest 10%
4%
2019
3.8%
2017
Government expenditure, % of GDP
126.6%
2025
21.9%
2025
Consumer prices inflation
7.8%
2024-2025
8.83%
2018-2019
Unemployment rate
2.79%
2023
1.48%
2020
Population
138067
55119090

GDP per capita in Kiribati vs Myanmar

Kiribati's GDP per capita is $2,289, ranking 151/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Kiribati ranks 169th at $3,702, while Myanmar ranks 153rd at $5,997.

Kiribati
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
Year Current $
Kiribati Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $25.1 -
1961 - - $27.3 -
1962 - - $27.9 -
1963 - - $25.8 -
1964 - - $17.3 -
1965 - - $15.1 -
1966 - - $11.8 -
1967 - - $16.5 -
1968 - - $21.5 -
1969 - - $21.5 -
1970 $201 - $20.7 -
1971 $210.7 - $21.1 -
1972 $256.2 - $23.3 -
1973 $422 - $24.8 -
1974 $1,131 - $41.4 -
1975 $730 - $35.2 -
1976 $548 - $39.2 -
1977 $520 - $27.9 -
1978 $611 - $29.3 -
1979 $573 - $29.2 -
1980 $542 - $31.2 -
1981 $568 - $32.8 -
1982 $519 - $43 -
1983 $483 - $39.3 -
1984 $527 - $36.3 -
1985 $393 - $40.4 -
1986 $382 - $42.4 -
1987 $424 - $41.1 -
1988 $536 - $39.9 -
1989 $515 - $51.3 -
1990 $488 $1,192 $53.1 $441
1991 $540 $1,139 $51.2 $447
1992 $792 $1,421 $58.9 $494
1993 $748 $1,431 $76.2 $529
1994 $838 $1,469 $105.4 $573
1995 $844 $1,518 $124.1 $618
1996 $986 $1,519 $141.9 $661
1997 $953 $1,535 $108 $702
1998 $874 $1,593 $146 $742
1999 $887 $1,526 $189.5 $825
2000 $845 $1,638 $196.6 $949
2001 $719 $1,591 $141.5 $1,069
2002 $810 $1,605 $146.6 $1,204
2003 $1,021 $1,578 $224.3 $1,385
2004 $1,083 $1,579 $224.5 $1,601
2005 $1,162 $1,617 $252.7 $1,860
2006 $1,123 $1,728 $303 $2,153
2007 $1,353 $1,792 $419 $2,459
2008 $1,411 $1,735 $658 $2,748
2009 $1,317 $1,718 $758 $3,040
2010 $1,522 $1,724 $1,011 $3,348
2011 $1,771 $1,786 $1,214 $3,579
2012 $1,844 $1,896 $1,203 $3,845
2013 $1,772 $2,049 $1,199 $4,144
2014 $1,737 $2,084 $1,293 $4,376
2015 $1,640 $2,311 $1,167 $4,459
2016 $1,743 $2,463 $1,229 $4,460
2017 $1,853 $2,562 $1,273 $4,706
2018 $1,913 $2,672 $1,298 $5,581
2019 $1,751 $2,763 $1,426 $6,101
2020 $1,752 $2,711 $1,490 $5,741
2021 $2,222 $3,020 $1,243 $5,178
2022 $2,070 $3,329 $1,158 $5,732
2023 $2,178 $3,486 $1,233 $5,953
2024 $2,289 $3,702 $1,359 $5,997

Spending and national debt comparison

In 2024, Kiribati's government spending was $302M, accounting for 126.6% of its GDP, while Myanmar's spent $15.2B, or 21.9% of GDP.

Debt-to-GDP ratio is 8.77% in Kiribati and 62.6% in Myanmar, ranking 180/185 and 73/185, respectively.

Kiribati
Government spending

Government debt
Myanmar
Government spending

Government debt
Year % of GDP
Kiribati Myanmar
Government spending Government debt Government spending Government debt
1990 105.5% 7.72% - -
1991 82.1% 8.43% - -
1992 65.9% 7.31% - -
1993 55.3% 10.9% - -
1994 54.6% 12.3% - -
1995 69.6% 12.3% - -
1996 68.4% 11% - -
1997 70.9% 10.7% - -
1998 74.7% 9.81% 25.2% 225.7%
1999 77.6% 11.8% 22.8% 163.1%
2000 66% 12.7% 21.4% 178%
2001 101.3% 17% 19.1% 283.5%
2002 96.9% 13.3% 15.3% 206.3%
2003 84.4% 12.3% 14.3% 158%
2004 103.8% 13.6% 14.6% 137%
2005 95.6% 12.1% 14.6% 128.7%
2006 82.1% 12.9% 15.6% 111.5%
2007 77.3% 11.1% 15.7% 83.7%
2008 79.4% 13.9% 14.4% 64.7%
2009 74.7% 10.3% 14.4% 61%
2010 75.7% 9.43% 15.8% 58.8%
2011 80.9% 8.8% 15.6% 54%
2012 83.9% 8.13% 20% 51.9%
2013 78% 8.86% 23.9% 48.5%
2014 101.2% 8.97% 24.7% 37.3%
2015 90.9% 18.8% 23.7% 38.4%
2016 99% 21.2% 21.3% 35.7%
2017 92.1% 20.2% 19.7% 41.9%
2018 108.8% 19% 18.7% 38.7%
2019 108.3% 19% 20.5% 38.3%
2020 102.2% 21% 21.2% 48.7%
2021 84% 17.3% 20.6% 59.2%
2022 87.5% 16.3% 21.2% 55.6%
2023 95.3% 11.4% 21.2% 57.9%
2024 98.1% 9.92% 20.5% 61.3%
2025 126.6% 8.77% 21.9% 62.6%

Government deficit by year

In 2024, Kiribati's government deficit, the difference between spending and revenue, was -$67.7M, equivalent to -22% of GDP. This compares to Myanmar's deficit of -$3.94B, or -5.32% of GDP.

Over the past 27 years, Kiribati recorded a fiscal deficit in 16 of those years, while Myanmar ran a deficit in 27 years. On average, Kiribati posted an annual deficit equal to -0.03% of GDP, compared to deficit of -3.96% of GDP for Myanmar.

Deficit/surplus
Kiribati

Myanmar
Year Deficit/surplus, % of GDP
Kiribati Myanmar
1990 -4.62% -
1991 3.87% -
1992 0.79% -
1993 6.27% -
1994 0.74% -
1995 -5.14% -
1996 -20.2% -
1997 5.92% -
1998 14.6% -4.89%
1999 -1.81% -4.46%
2000 -0.03% -6.03%
2001 -10.9% -6.34%
2002 3.13% -4.01%
2003 -8.93% -4.24%
2004 -19.2% -4.62%
2005 -9.96% -3.49%
2006 -12.3% -3.42%
2007 -12.5% -3.52%
2008 -15.8% -2.73%
2009 -8.56% -3.55%
2010 -7.8% -5.4%
2011 -17.6% -4.82%
2012 -5.43% -2.7%
2013 11.8% -1.53%
2014 35% -1.06%
2015 42.5% -4.33%
2016 20.1% -2.53%
2017 34.1% -3.42%
2018 5.18% -2.77%
2019 10.8% -4.7%
2020 3.57% -6.56%
2021 -10.8% -2.53%
2022 -18.3% -2.78%
2023 0.13% -5.22%
2024 -22% -5.32%
2025 -15.1% -5.71%

Inflation comparison by year

Over the past 24 years, Kiribati has recorded an average annual inflation rate of 1.65%, compared with 16.2% in Myanmar. In 2019, inflation was 7.8% in Kiribati and 8.83% in Myanmar.

Inflation
Kiribati

Myanmar
Year Inflation
Kiribati Myanmar Kiribati Myanmar
1996 -1.7% 16.3%
1997 2.6% 29.7%
1998 3.7% 51.5%
1999 1.8% 18.4%
2000 0.4% -0.11%
2001 6% 21.1%
2002 3.2% 57.1%
2003 1.6% 36.6%
2004 -0.7% 4.53%
2005 -0.4% 9.37%
2006 -1% 20%
2007 3.6% 35%
2008 13.7% 26.8%
2009 9.8% 1.47%
2010 -3.9% 7.72%
2011 1.5% 5.02%
2012 -3% 1.47%
2013 -1.5% 5.64%
2014 2.1% 4.95%
2015 0.6% 9.45%
2016 1.9% 6.93%
2017 0.4% 4.57%
2018 0.6% 6.87%
2019 -1.8% 8.83%
2020 2.6% -
2021 2.1% -
2022 5.3% -
2023 9.3% -
2024 2.5% -
2025 7.8% -

Balance of trade

Kiribati Myanmar
Current account balance
-$59.5M
2024
$67.7M
2019
Current account balance ranking
81/189
2024
70/189
2019
Current account balance, % of GDP
-19.3%
2024
+0.09%
2019
Goods imports
$227M
2024
$13.7B
2019
Goods exports
$8.49M
2024
$10.8B
2019
Service imports
$108M
2024
$3.66B
2019
Service exports
$7M
2024
$6.68B
2019
Imports of goods and services, % of GDP
94.9%
2024
n/a
Exports of goods and services, % of GDP
6.27%
2024
24.3%
2025

Economic freedom indices

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

Kiribati Myanmar
Economic freedom 50.9 43.7
Economic freedom ranking 159/197 182/197
Property rights 68.5 17.3
Government integrity 48.9 18.7
Judicial effectiveness 59.9 4.2
Tax burden 72.9 88.6
Government spending 0 84
Fiscal health 19.7 39.9
Business freedom 62.8 39.9
Labor freedom 65.3 53.2
Monetary freedom 72.5 59.7
Trade freedom 80 68.6
Investment freedom 30 30
Financial freedom 30 20

Economic freedom by year comparison

The Economic Freedom Index for Kiribati is 50.9, ranking 159/197, compared to 43.7 for Myanmar, ranking 182/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Kiribati
Myanmar
Year Economic freedom index
Kiribati Myanmar
1996 - 45.1
1997 - 45.4
1998 - 45.7
1999 - 46.4
2000 - 47.9
2001 - 46.1
2002 - 45.5
2003 - 44.9
2004 - 43.6
2005 - 40.5
2006 - 40
2007 - 41
2008 - 39.5
2009 45.7 37.7
2010 43.7 36.7
2011 44.8 37.8
2012 46.9 38.7
2013 45.9 39.2
2014 46.3 46.5
2015 46.4 46.9
2016 46.2 48.7
2017 50.9 52.5
2018 50.8 53.9
2019 47.3 53.6
2020 45.2 54
2021 44.4 55.2
2022 59.2 49.6
2023 58.8 46.5
2024 51.3 42.2
2025 50.9 43.7

More economic indicators

Kiribati Myanmar
Services, % of GDP
65.7%
2022
41.4%
2024
Industry, % of GDP
9.86%
2022
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
27.8%
2022
20.8%
2024
GNI, Atlas method
$487M
2024
$66.3B
2024
GNI per capita, PPP
$5,990
2024
$5,920
2024
Total reserves including gold n/a
$9.34B
2023
Total reserves ranking n/a
81/177
2023
Net foreign direct investment
-$8.06M
2024
-$1.74B
2019
Net inflows of foreign direct investment
$8.07M
2024
$1.1B
2024
Net outflows of foreign direct investment
$16.4K
2024
$0
1989
Servicing debt to the IMF, % of GNI
n/a
1.39%
2023
Poverty at national poverty lines
5.5%
2023
24.8%
2017
Gross capital formation, % of GDP
20.4%
2022
n/a

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

Economy vs Kiribati vs Myanmar
Afghanistan Compare Compare
Albania Compare Compare
Algeria Compare Compare
Andorra Compare Compare
Angola Compare Compare
Antigua Compare Compare
Argentina Compare Compare
Armenia Compare Compare
Australia Compare Compare
Austria Compare Compare
Azerbaijan Compare Compare
Bahamas Compare Compare
Bahrain Compare Compare
Bangladesh Compare Compare
Barbados Compare Compare
Belarus Compare Compare
Belgium Compare Compare
Belize Compare Compare
Benin Compare Compare
Bhutan Compare Compare
Bolivia Compare Compare
Bosnia Compare Compare
Botswana Compare Compare
Brazil Compare Compare
Brunei Compare Compare
Bulgaria Compare Compare
Burkina Faso Compare Compare
Burundi Compare Compare
Cambodia Compare Compare
Cameroon Compare Compare
Canada Compare Compare
Cape Verde Compare Compare
Cayman Islands Compare Compare
CAR Compare Compare
Chad Compare Compare
Chile Compare Compare
China Compare Compare
Colombia Compare Compare
Comoros Compare Compare
Congo Compare Compare
Costa Rica Compare Compare
Croatia Compare Compare
Cuba Compare Compare
Curacao Compare Compare
Cyprus Compare Compare
Czech Republic Compare Compare
DR Congo Compare Compare
Denmark Compare Compare
Djibouti Compare Compare
Dominica Compare Compare
Dominican Republic Compare Compare
East Timor Compare Compare
Ecuador Compare Compare
Egypt Compare Compare
El Salvador Compare Compare
Equatorial Guinea Compare Compare
Eritrea Compare Compare
Estonia Compare Compare
Eswatini Compare Compare
Ethiopia Compare Compare
Fiji Compare Compare
Finland Compare Compare
France Compare Compare
Gabon Compare Compare
Gambia Compare Compare
Georgia Compare Compare
Germany Compare Compare
Ghana Compare Compare
Greece Compare Compare
Grenada Compare Compare
Guatemala Compare Compare
Guinea Compare Compare
Guinea-Bissau Compare Compare
Guyana Compare Compare
Haiti Compare Compare
Honduras Compare Compare
Hungary Compare Compare
Iceland Compare Compare
India Compare Compare
Indonesia Compare Compare
Iran Compare Compare
Iraq Compare Compare
Ireland Compare Compare
Israel Compare Compare
Italy Compare Compare
Ivory Coast Compare Compare
Jamaica Compare Compare
Japan Compare Compare
Jordan Compare Compare
Kazakhstan Compare Compare
Kenya Compare Compare
Kuwait Compare Compare
Kyrgyzstan Compare Compare
Laos Compare Compare
Latvia Compare Compare
Lebanon Compare Compare
Lesotho Compare Compare
Liberia Compare Compare
Libya Compare Compare
Liechtenstein Compare Compare
Lithuania Compare Compare
Luxembourg Compare Compare
Madagascar Compare Compare
Malawi Compare Compare
Malaysia Compare Compare
Maldives Compare Compare
Mali Compare Compare
Malta Compare Compare
Marshall Islands Compare Compare
Mauritania Compare Compare
Mauritius Compare Compare
Mexico Compare Compare
Moldova Compare Compare
Monaco Compare Compare
Mongolia Compare Compare
Montenegro Compare Compare
Morocco Compare Compare
Mozambique Compare Compare
Namibia Compare Compare
Nauru Compare Compare
Nepal Compare Compare
Netherlands Compare Compare
New Zealand Compare Compare
Nicaragua Compare Compare
Niger Compare Compare
Nigeria Compare Compare
North Korea Compare Compare
North Macedonia Compare Compare
Norway Compare Compare
Oman Compare Compare
Pakistan Compare Compare
Palau Compare Compare
Palestine Compare Compare
Panama Compare Compare
Papua New Guinea Compare Compare
Paraguay Compare Compare
Peru Compare Compare
Philippines Compare Compare
Poland Compare Compare
Portugal Compare Compare
Qatar Compare Compare
Romania Compare Compare
Russia Compare Compare
Rwanda Compare Compare
Saint Kitts Compare Compare
Saint Lucia Compare Compare
Saint Vincent Compare Compare
Samoa Compare Compare
San Marino Compare Compare
Sao Tome Compare Compare
Saudi Arabia Compare Compare
Senegal Compare Compare
Serbia Compare Compare
Seychelles Compare Compare
Sierra Leone Compare Compare
Singapore Compare Compare
Slovakia Compare Compare
Slovenia Compare Compare
Solomon Islands Compare Compare
Somalia Compare Compare
South Africa Compare Compare
South Korea Compare Compare
South Sudan Compare Compare
Spain Compare Compare
Sri Lanka Compare Compare
Sudan Compare Compare
Suriname Compare Compare
Sweden Compare Compare
Switzerland Compare Compare
Syria Compare Compare
Taiwan Compare Compare
Tajikistan Compare Compare
Tanzania Compare Compare
Thailand Compare Compare
Togo Compare Compare
Tonga Compare Compare
Trinidad Compare Compare
Tunisia Compare Compare
Turkey Compare Compare
Turkmenistan Compare Compare
Tuvalu Compare Compare
Uganda Compare Compare
Ukraine Compare Compare
UAE Compare Compare
United Kingdom Compare Compare
United States Compare Compare
Uruguay Compare Compare
Uzbekistan Compare Compare
Vanuatu Compare Compare
Vatican Compare Compare
Venezuela Compare Compare
Vietnam Compare Compare
Yemen Compare Compare
Zambia Compare Compare
Zimbabwe Compare Compare

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.