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Economy of Mauritius vs Portugal compared: GDP & Debt

Updated on by Georank team

Mauritius has a GDP of $14.9B compared to $313B for Portugal, ranking 143/197 and 46/197 by economy size, respectively.

Mauritius has $13.6B in government debt (91.1% of GDP), compared to $297B (94.9% of GDP) in Portugal.

Mauritius vs Portugal GDP by year

Mauritius
Portugal
1x
Year GDP, current $
Mauritius Portugal
2024 $14,937,861,786 $313,271,185,085
2023 $14,072,212,290 $292,323,800,949
2022 $12,936,444,123 $256,898,677,175
2021 $11,622,048,697 $256,055,879,091
2020 $11,566,111,138 $229,618,773,423
2019 $14,645,235,205 $240,115,970,063
2018 $14,957,535,716 $242,092,894,543
2017 $13,896,938,315 $220,862,990,767
2016 $12,757,680,847 $206,305,431,242
2015 $12,162,211,503 $199,038,523,120
2014 $13,230,490,082 $230,078,616,300
2013 $12,434,596,541 $226,677,408,292
2012 $11,832,323,837 $216,536,676,772
2011 $11,677,718,382 $245,426,767,676
2010 $10,144,716,155 $238,443,864,993
2009 $9,264,513,545 $244,667,762,836
2008 $10,127,777,060 $263,416,394,624
2007 $8,277,442,915 $240,496,147,317
2006 $7,137,710,413 $208,756,449,276
2005 $6,576,108,447 $197,253,876,705
2004 $6,667,418,752 $189,382,122,532
2003 $5,894,873,920 $165,226,175,537
2002 $4,906,494,249 $134,795,565,549
2001 $4,675,755,867 $121,604,107,165
2000 $4,726,108,622 $118,605,192,877
1999 $4,402,193,195 $127,470,385,557
1998 $4,225,813,976 $123,946,327,916
1997 $4,243,755,308 $117,016,535,163
1996 $4,481,489,762 $122,630,089,680
1995 $4,094,741,652 $118,122,007,430
1994 $3,606,050,873 $99,688,641,304
1993 $3,307,302,126 $95,009,751,901
1992 $3,267,677,814 $107,592,098,307
1991 $2,895,354,736 $89,233,599,278
1990 $2,689,212,760 $78,713,860,217
1989 $2,211,312,823 $60,594,092,182
1988 $2,163,252,449 $56,347,250,696
1987 $1,906,174,438 $48,182,925,857
1986 $1,482,601,552 $38,745,901,354
1985 $1,090,611,325 $27,115,807,742
1984 $1,054,564,759 $25,217,969,050
1983 $1,104,956,573 $27,239,650,742
1982 $1,092,923,636 $30,527,754,793
1981 $1,157,769,444 $31,977,276,873
1980 $1,147,027,924 $32,896,519,824
1979 $1,227,446,632 $26,622,819,672
1978 $1,029,040,323 $23,487,614,051
1977 $834,722,972 $21,439,523,311
1976 $713,510,052 $20,332,831,565
1975 $673,311,287 $19,347,607,843
1974 $669,894,030 $17,512,391,476
1973 $404,285,775 $15,090,564,186
1972 $318,664,900 $11,239,117,865
1971 $251,437,338 $9,201,604,240
1970 $224,125,805 $8,108,235,704
1969 $221,553,613 $7,287,555,035
1968 $206,576,631 $6,644,693,214
1967 $238,439,291 $6,002,607,030
1966 $227,534,083 $5,370,108,031
1965 $230,024,161 $4,901,711,248
1964 $218,914,569 $4,429,202,657
1963 $253,839,558 $4,084,251,593
1962 $197,738,208 $3,835,883,663
1961 $191,757,729 $3,573,719,085
1960 $162,089,564 $3,339,150,158

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritius/portugal | CC BY

GDP per capita in Mauritius vs Portugal by year

Mauritius
GDP per capita

GDP per capita, PPP
Portugal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritius Portugal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,991 $31,840 $29,292 $51,680
2023 $11,270 $29,561 $27,635 $49,353
2022 $10,247 $26,874 $24,621 $45,250
2021 $9,178 $23,010 $24,711 $38,658
2020 $9,136 $21,622 $22,299 $35,967
2019 $11,568 $24,375 $23,343 $37,866
2018 $11,819 $23,416 $23,541 $34,897
2017 $10,987 $22,898 $21,442 $32,971
2016 $10,095 $21,952 $19,980 $31,589
2015 $9,631 $20,270 $19,216 $29,608
2014 $10,490 $19,294 $22,121 $28,765
2013 $9,877 $18,435 $21,676 $27,966
2012 $9,422 $17,259 $20,593 $26,476
2011 $9,324 $16,884 $23,247 $26,803
2010 $8,113 $15,920 $22,552 $27,292
2009 $7,427 $15,105 $23,151 $26,472
2008 $8,141 $14,569 $24,949 $26,666
2007 $6,677 $13,612 $22,811 $25,738
2006 $5,784 $12,593 $19,839 $24,677
2005 $5,354 $11,703 $18,780 $22,725
2004 $5,461 $11,216 $18,064 $21,476
2003 $4,858 $10,535 $15,798 $20,850
2002 $4,073 $9,824 $12,937 $20,357
2001 $3,909 $9,586 $11,735 $19,529
2000 $3,982 $9,143 $11,526 $18,883
1999 $3,746 $8,344 $12,475 $17,718
1998 $3,642 $8,121 $12,199 $16,688
1997 $3,696 $7,651 $11,576 $15,789
1996 $3,952 $7,206 $12,185 $14,922
1995 $3,648 $6,771 $11,781 $14,406
1994 $3,240 $6,414 $9,977 $13,578
1993 $3,014 $6,116 $9,535 $13,202
1992 $3,013 $5,753 $10,811 $13,182
1991 $2,705 $5,351 $8,959 $12,739
1990 $2,540 $5,010 $7,885 $11,780
1989 $2,103 - $6,056 -
1988 $2,074 - $5,624 -
1987 $1,840 - $4,804 -
1986 $1,442 - $3,862 -
1985 $1,069 - $2,705 -
1984 $1,042 - $2,523 -
1983 $1,103 - $2,735 -
1982 $1,101 - $3,080 -
1981 $1,181 - $3,246 -
1980 $1,187 - $3,368 -
1979 $1,292 - $2,756 -
1978 $1,102 - $2,457 -
1977 $906 - $2,267 -
1976 $787 - $2,173 -
1975 $755 - $2,128 -
1974 $763 - $2,000 -
1973 $467 - $1,748 -
1972 $374 - $1,302 -
1971 $299.6 - $1,065 -
1970 $271.3 - $934 -
1969 $272.7 - $832 -
1968 $258.7 - $752 -
1967 $304 - $676 -
1966 $296 - $601 -
1965 $305 - $545 -
1964 $297.3 - $490 -
1963 $353 - $452 -
1962 $282.3 - $426 -
1961 $281.7 - $400 -
1960 $238.3 - $377 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritius/portugal | CC BY

Mauritius' GDP per capita is $11,991, ranking 78/197, compared to $29,292 in Portugal, ranking 44/197. Adjusted for purchasing power (GDP per capita PPP), Mauritius ranks 71st at $31,840, while Portugal ranks 42nd at $51,680.

Economic indicators

Mauritius Portugal
Gross domestic product
$14.9B
2024
$313B
2024
GDP rank
143/197
2024
46/197
2024
GDP growth
4.93%
2023-2024
2.14%
2023-2024
GDP per capita
$11,991
2024
$29,292
2024
GDP per capita rank
78/197
2024
44/197
2024
GDP per capita, PPP
$31,840
2024
$51,680
2024
GDP per capita PPP rank
71/197
2024
42/197
2024
Government debt
$13.6B
2024
$297B
2024
Debt-to-GDP ratio
91.1%
2024
94.9%
2024
Government debt per person
$10,929
2024
$27,807
2024
Government debt per person rank
54/185
2024
27/185
2024
Average annual personal income after taxes
$7,203
2026
$16,747
2026
Market capitalization of domestic companies
$9.12B
2024
$61.9B
2018
Number of millionaires n/a
171,797
2025
Number of billionaires n/a
1
2025
Income share by richest 10%
29.9%
2017
26.9%
2023
Income share by poorest 10%
2.9%
2017
2.7%
2023
Government expenditure, % of GDP
33.7%
2024
42.8%
2024
Consumer prices inflation
3.6%
2023-2024
2.42%
2023-2024
Central bank interest rate
4.5%
2025
n/a
Unemployment rate
5.21%
2024
6.43%
2024
Population
1240121
10667081

Spending and national debt comparison by year

Mauritius
Spending

Debt
Portugal
Spending

Debt
1x
Year % of GDP
Mauritius Portugal
Government spending Government debt Government spending Government debt
2024 33.7% 91.1% 42.8% 94.9%
2023 29.9% 85.6% 42.3% 97.7%
2022 29.4% 86.9% 43.9% 111.2%
2021 30.8% 93.8% 47.3% 123.9%
2020 32.6% 93.4% 49.1% 134.1%
2019 27.8% 74.6% 42.5% 116.1%
2018 24.3% 64.1% 43.3% 121.1%
2017 24.3% 63% 45.5% 126%
2016 24% 64.3% 44.9% 131.2%
2015 24.5% 65% 48.2% 131%
2014 23% 60.6% 51.7% 132.5%
2013 24.1% 58.2% 50% 130.8%
2012 22.5% 55.9% 48.8% 128.6%
2011 23.7% 56.5% 50% 114%
2010 24% 56.4% 51.9% 100.1%
2009 25.2% 58.4% 50.3% 87.8%
2008 22.7% 49.4% 45.5% 75.6%
2007 21.5% 51.6% 44.5% 72.7%
2006 22.2% 59.3% 45.1% 73.7%
2005 23% 61.7% 46.8% 72.2%
2004 22.6% 61.1% 46.1% 67.1%
2003 23.4% 70.8% 45.4% 63.9%
2002 23.3% 66.7% 44.2% 60%
2001 22.4% 60.5% 44.1% 57.4%
2000 22.2% 59.7% 42.8% 54.2%
1999 27.5% - 42.5% 55.4%
1998 26.6% - 42.6% 55.6%
1997 27.5% - 42.4% 58.7%
1996 27.4% - 43% 63.3%
1995 27.3% - 42.6% 62.2%
1994 27.5% - 42.8% 60.4%
1993 24.5% - 46.5% 57.2%
1992 26.8% - 48.2% 58.1%
1991 27.2% - 45.9% 63.9%
1990 30.2% - 42.2% 60.2%
1989 - - 36.2% 55.4%
1988 - - 36.2% 56.8%
1987 - - 37.5% 57.2%
1986 - - 38.9% 59.8%
1985 - - 37.5% 59.4%
1984 - - 34.6% 51.3%
1983 - - 34.7% 46.7%
1982 - - 35.8% 43%
1981 - - 35.3% 39.3%
1980 - - 32.4% 31%
1979 - - 30.8% 35.2%
1978 - - 31.7% 31.4%
1977 - - 35.1% 26.9%
1976 - - 38.2% 24.5%
1975 - - 31.9% 19.2%
1974 - - 25.8% 13.5%
1973 - - 25.7% 13.6%
1972 - - 22.8% 14.5%
1971 - - 15.5% 15.7%
1970 - - 15.5% 16.5%
1969 - - 14.9% 16.8%
1968 - - 14.3% 17.2%
1967 - - 14.1% 18.5%
1966 - - 14.4% 20.2%
1965 - - 13.4% 20.4%
1964 - - 13.9% 21.9%
1963 - - 14.6% 20.8%
1962 - - 14.5% 18.7%
1961 - - 14.6% 17.1%
1960 - - 14.3% 16.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/mauritius/portugal | CC BY

In 2024, Mauritius' government spending was $5.03B, accounting for 33.7% of its GDP, while Portugal spent $134B, or 42.8% of GDP.

Debt-to-GDP ratio is 91.1% in Mauritius and 94.9% in Portugal, ranking 30/185 and 27/185, respectively.

Government deficit by year

Deficit/surplus
Mauritius

Portugal
1x
Year Deficit/surplus, % of GDP
Mauritius Portugal
2024 -7.47% 0.7%
2023 -4.7% 1.21%
2022 -3.34% -0.31%
2021 -4.45% -2.83%
2020 -10.6% -5.75%
2019 -7.53% 0.12%
2018 -2.19% -0.43%
2017 -1.66% -3%
2016 -2.81% -1.94%
2015 -3.59% -4.37%
2014 -3.13% -7.32%
2013 -3.4% -5.21%
2012 -1.78% -6.2%
2011 -3.09% -7.73%
2010 -3.07% -11.4%
2009 -3.41% -9.87%
2008 -2.66% -3.81%
2007 -3.09% -2.91%
2006 -4.14% -4.07%
2005 -4.44% -6.11%
2004 -4.34% -5.99%
2003 -4.82% -5.66%
2002 -5.18% -3.73%
2001 -5.53% -4.73%
2000 -4.4% -3.35%
1999 - -2.99%
1998 - -4.3%
1997 - -3.65%
1996 - -4.63%
1995 - -5.14%
1994 - -7.37%
1993 - -8.06%
1992 - -5.19%
1991 - -7.93%
1990 - -6.82%
1989 - -2.86%
1988 - -3.52%
1987 - -6.79%
1986 - -7.45%
1985 - -8.35%
1984 - -5.23%
1983 - -4.86%
1982 - -7.02%
1981 - -8.34%
1980 - -6.92%
1979 - -6.08%
1978 - -7.15%
1977 - -7.5%
1976 - -10.2%
1975 - -7.1%
1974 - -3.2%
1973 - -5.39%
1972 - -7.72%
1971 - -0.23%
1970 - -0.24%
1969 - -1.53%
1968 - -1.24%
1967 - -0.46%
1966 - -2%
1965 - -0.03%
1964 - -1.93%
1963 - -3.33%
1962 - -1.69%
1961 - -3.17%
1960 - -3.13%
1959 - -1.73%
1958 - -0.52%
1957 - 0.08%
1956 - -0.18%
1955 - -0.31%
1954 - -0.58%
1953 - -0.35%
1952 - -0.34%
1951 - 0.94%
1950 - -0.83%
1949 - -0.46%
1948 - -2.04%
1947 - -1.65%
1946 - -2.32%
1945 - -2.38%
1944 - -1.44%
1943 - 0.03%
1942 - -0.35%
1941 - -0.08%
1940 - -1.74%
1939 - -0.73%
1938 - -0.08%
1937 - -0.09%
1936 - 0.08%
1935 - 0.75%
1934 - 0.6%
1933 - -0.07%
1932 - -0.03%
1931 - 0.04%
1930 - 0.79%
1929 - 1.86%
1928 - 0.2%
1927 - -2.27%
1926 - -4.21%
1925 - -1.48%
1924 - -3.16%
1923 - -3.47%
1922 - -10%
1921 - -6.5%
1920 - -5.66%
1919 - -8.83%
1918 - -8.3%
1917 - -5.49%
1916 - -
1915 - -
1914 - -
1913 - -0.34%
1912 - -0.02%
1911 - -0.73%
1910 - -0.19%
1909 - -0.82%
1908 - -0.56%
1907 - -0.69%
1906 - -0.45%
1905 - -0.75%
1904 - -0.26%
1903 - -0.91%
1902 - -0.5%
1901 - -0.69%
1900 - -0.35%
1899 - -0.77%
1898 - -0.5%
1897 - -0.93%
1896 - -1.35%
1895 - -0.2%
1894 - -0.16%
1893 - -0.02%
1892 - -0.8%
1891 - -2.15%
1890 - -2.01%
1889 - -1.95%
1888 - -2.14%
1887 - -0.67%
1886 - -1.43%
1885 - -1.68%
1884 - -1.48%
1883 - -1.1%
1882 - -0.39%
1881 - -1.2%
1880 - -1.63%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/mauritius/portugal | CC BY

In 2024, Mauritius' government deficit, the difference between spending and revenue, was $1.12B, equivalent to 7.47% of GDP. This compares to Portugal's surplus of $2.19B, or 0.7% of GDP.

Over the past 25 years, Mauritius recorded a fiscal deficit in 25 of those years, while Portugal ran a deficit in 22 years. On average, Mauritius posted an annual deficit equal to 4.19% of GDP, compared to deficit of 4.19% of GDP for Portugal.

Inflation comparison by year

Inflation
Mauritius

Portugal
1x
Year Consumer prices inflation
Mauritius Portugal
2024 3.6% 2.42%
2023 7.05% 4.31%
2022 10.8% 7.83%
2021 4.03% 1.27%
2020 2.58% -0.01%
2019 0.41% 0.34%
2018 3.22% 0.99%
2017 3.67% 1.37%
2016 0.98% 0.61%
2015 1.29% 0.49%
2014 3.22% -0.28%
2013 3.54% 0.27%
2012 3.85% 2.77%
2011 6.52% 3.65%
2010 2.93% 1.4%
2009 2.52% -0.84%
2008 9.73% 2.59%
2007 8.83% 2.45%
2006 8.91% 3.11%
2005 4.94% 2.28%
2004 4.71% 2.37%
2003 3.92% 3.22%
2002 6.42% 3.6%
2001 5.39% 4.37%
2000 4.2% 2.85%
1999 6.91% 2.34%
1998 6.81% 2.57%
1997 6.83% 2.34%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/mauritius/portugal | CC BY

Over the past 28 years, Mauritius has recorded an average annual inflation rate of 4.92%, compared with 2.17% in Portugal. In 2024, inflation was 3.6% in Mauritius and 2.42% in Portugal.

Top exports between countries

Mauritius
Export category Export value
Processed food, beverages & tobacco $8.31M
Animal & marine products $984K
Textiles & consumer goods $407K
Machinery & equipment $36K
Miscellaneous $12K
Precious metals & jewellery $11K
Chemicals & pharma $8K
Metals $2K
Raw agricultural goods $1K
Wood & paper products $1K
Portugal
Export category Export value
Processed food, beverages & tobacco $8.04M
Machinery & equipment $2.18M
Textiles & consumer goods $1.76M
Metals $1.38M
Raw materials & minerals $487K
Chemicals & pharma $367K
Animal & marine products $337K
Wood & paper products $209K
Raw agricultural goods $77K
Precious metals & jewellery $25K

Balance of trade

Mauritius Portugal
Current account balance
-$1.05B
2024
$6.51B
2024
Current account balance ranking
126/190
2024
28/190
2024
Current account balance, % of GDP
-7.03%
2024
+2.08%
2024
Goods imports
$6.35B
2024
$109B
2024
Goods exports
$2.37B
2024
$81.4B
2024
Service imports
$2.28B
2024
$27.9B
2024
Service exports
$4.19B
2024
$62.7B
2024
Imports of goods and services, % of GDP
78.3%
2024
43.9%
2024
Exports of goods and services, % of GDP
67.1%
2024
45.8%
2024

Economic freedom indices

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

Mauritius Portugal
Economic freedom 73 71.2
Economic freedom ranking 26/197 33/197
Property rights 83.9 88.9
Government integrity 53.4 63.4
Judicial effectiveness 80.7 90.1
Tax burden 89.6 60.6
Government spending 73.8 44.6
Fiscal health 45.5 82
Business freedom 81.5 83.1
Labor freedom 69.6 54.8
Monetary freedom 70.7 77.7
Trade freedom 87 79.4
Investment freedom 70 70
Financial freedom 70 60

Economic freedom comparison by year

Mauritius
Portugal
1x
Year Economic freedom index
Mauritius Portugal
2026 73 71.2
2025 75 70.5
2024 71.5 68.7
2023 70.6 69.5
2022 70.9 70.8
2021 77 67.5
2020 74.9 67
2019 73 65.3
2018 75.1 63.4
2017 74.7 62.6
2016 74.7 65.1
2015 76.4 65.3
2014 76.5 63.5
2013 76.9 63.1
2012 77 63
2011 76.2 64
2010 76.3 64.4
2009 74.3 64.9
2008 72.6 63.9
2007 69.4 64
2006 67.4 62.9
2005 67.2 62.4
2004 64.3 64.9
2003 64.4 64.9
2002 67.7 65.4
2001 66.4 66
2000 67.2 65.5
1999 68.5 65.6
1998 - 65
1997 - 63.6
1996 - 64.5
1995 - 62.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/mauritius/portugal | CC BY

The Economic Freedom Index for Mauritius is 73, ranking 26/197, compared to 71.2 for Portugal, ranking 33/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritius Portugal
Services, % of GDP
64.4%
2024
66.3%
2024
Industry, % of GDP
17.8%
2024
18.7%
2024
Agriculture, forestry, and fishing, % of GDP
4.23%
2024
2.02%
2024
GNI, Atlas method
$16.2B
2024
$288B
2024
GNI per capita, PPP
$35,100
2024
$50,730
2024
Total reserves including gold
$8.51B
2024
$42.4B
2024
Total reserves ranking
83/177
2024
48/177
2024
Net foreign direct investment
$963M
2024
-$6.64B
2024
Net inflows of foreign direct investment
$681M
2024
$13.5B
2024
Net outflows of foreign direct investment
$38.3M
2024
$6.84B
2024
Servicing debt to the IMF, % of GNI
10.1%
2024
n/a
Poverty at national poverty lines
8.4%
2023
16.4%
2021
Gross capital formation, % of GDP
21.2%
2024
20.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/mauritius/portugal | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.