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Economy of Moldova vs Spain compared: GDP & Debt

Updated on by Georank

Moldova has a GDP of $20.4B compared to $1.91T for Spain, ranking 133/197 and 12/197 by economy size, respectively.

Moldova has $7.45B in government debt (36.6% of GDP), compared to $1.91T (100.4% of GDP) in Spain.

Moldova vs Spain GDP by year

Moldova
Spain
1x
Year GDP, current $
Moldova Spain
2025 $20,351,796,275 $1,906,453,309,986
2024 $18,206,842,141 $1,725,671,652,742
2023 $16,711,906,746 $1,619,481,980,720
2022 $14,525,337,524 $1,448,850,658,407
2021 $13,691,869,264 $1,461,244,901,853
2020 $11,530,746,234 $1,289,783,836,971
2019 $11,736,797,055 $1,403,496,387,686
2018 $11,252,353,421 $1,431,642,809,327
2017 $9,514,404,016 $1,321,754,088,819
2016 $7,980,917,076 $1,243,015,667,917
2015 $7,797,667,197 $1,206,164,777,553
2014 $9,402,090,138 $1,380,244,561,362
2013 $9,496,717,876 $1,362,186,923,158
2012 $8,709,138,635 $1,330,994,811,670
2011 $8,414,352,020 $1,487,568,659,241
2010 $6,974,982,370 $1,427,989,078,917
2009 $5,439,434,272 $1,496,587,590,848
2008 $6,054,824,248 $1,636,115,447,613
2007 $4,401,173,152 $1,476,746,276,855
2006 $3,408,255,451 $1,261,846,683,275
2005 $2,988,342,907 $1,154,667,551,776
2004 $2,598,249,556 $1,069,829,382,515
2003 $1,980,907,435 $907,963,217,058
2002 $1,661,818,168 $708,938,227,244
2001 $1,480,673,594 $627,798,682,379
2000 $1,288,429,392 $598,102,854,756
1999 $1,170,782,957 $634,394,904,387
1998 $1,698,717,505 $618,731,484,575
1997 $1,930,081,169 $589,739,772,727
1996 $1,695,122,174 $642,251,412,058
1995 $1,752,999,370 $614,170,002,669
1994 $1,702,314,268 $530,183,651,720
1993 $2,371,813,324 $524,700,572,624
1992 $2,319,243,436 $630,465,353,486
1991 $3,094,565,871 $576,753,902,322
1990 $3,592,857,043 $536,175,326,477
1989 - $414,460,794,097
1988 - $375,891,716,898
1987 - $318,520,253,335
1986 - $251,141,555,186
1985 - $180,664,322,896
1984 - $171,979,977,230
1983 - $170,829,074,246
1982 - $195,856,752,991
1981 - $202,663,023,968
1980 - $232,600,556,974
1979 - $214,448,666,336
1978 - $160,484,969,618
1977 - $132,354,665,936
1976 - $118,422,534,195
1975 - $114,695,060,870
1974 - $97,204,522,642
1973 - $78,583,355,226
1972 - $59,090,176,029
1971 - $46,586,119,760
1970 - $40,963,715,237
1969 - $37,090,689,288
1968 - $32,394,326,464
1967 - $32,570,905,397
1966 - $29,559,436,183
1965 - $25,479,619,607
1964 - $21,966,876,027
1963 - $19,631,714,760
1962 - $16,609,632,791
1961 - $14,238,126,760
1960 - $12,424,514,014

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

GeoRank.org/economy/moldova/spain | CC BY

GDP per capita in Moldova vs Spain by year

Moldova
GDP per capita

GDP per capita, PPP
Spain
GDP per capita

GDP per capita, PPP
1x
Year Current $
Moldova Spain
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $8,622 - $38,627 -
2024 $7,579 $18,615 $35,327 $57,965
2023 $6,800 $17,747 $33,493 $55,682
2022 $5,744 $16,453 $30,319 $51,399
2021 $5,275 $15,682 $30,799 $44,252
2020 $4,376 $13,527 $27,234 $39,328
2019 $4,405 $13,413 $29,787 $44,043
2018 $4,156 $11,868 $30,602 $41,015
2017 $3,453 $11,252 $28,381 $39,825
2016 $2,847 $10,326 $26,756 $37,613
2015 $2,750 $9,198 $25,982 $35,229
2014 $3,290 $8,643 $29,708 $33,761
2013 $3,321 $8,233 $29,229 $32,614
2012 $3,045 $7,255 $28,456 $31,870
2011 $2,941 $6,833 $31,825 $32,016
2010 $2,437 $6,323 $30,659 $31,805
2009 $1,898 $5,827 $32,280 $32,218
2008 $2,111 $6,153 $35,603 $33,350
2007 $1,531 $5,590 $32,652 $32,536
2006 $1,183 $5,271 $28,422 $30,749
2005 $1,034 $4,866 $26,451 $27,630
2004 $897 $4,378 $24,925 $26,160
2003 $682 $3,960 $21,522 $25,057
2002 $571 $3,633 $17,111 $24,378
2001 $507 $3,311 $15,368 $22,952
2000 $441 $3,045 $14,743 $21,582
1999 $399 $2,910 $15,708 $19,938
1998 $579 $2,965 $15,382 $19,083
1997 $657 $3,136 $14,722 $17,903
1996 $575 $3,021 $16,101 $16,971
1995 $594 $3,146 $15,461 $16,276
1994 $574 $3,111 $13,406 $15,582
1993 $797 $4,394 $13,330 $14,973
1992 $778 $4,337 $16,101 $14,855
1991 $1,038 $5,980 $14,801 $14,461
1990 $1,207 $6,895 $13,795 $13,676
1989 - - $10,674 -
1988 - - $9,696 -
1987 - - $8,234 -
1986 - - $6,509 -
1985 - - $4,696 -
1984 - - $4,487 -
1983 - - $4,475 -
1982 - - $5,156 -
1981 - - $5,367 -
1980 - - $6,204 -
1979 - - $5,766 -
1978 - - $4,353 -
1977 - - $3,625 -
1976 - - $3,277 -
1975 - - $3,208 -
1974 - - $2,748 -
1973 - - $2,246 -
1972 - - $1,708 -
1971 - - $1,361 -
1970 - - $1,211 -
1969 - - $1,109 -
1968 - - $978 -
1967 - - $997 -
1966 - - $916 -
1965 - - $797 -
1964 - - $695 -
1963 - - $627 -
1962 - - $535 -
1961 - - $463 -
1960 - - $408 -

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

GeoRank.org/economy/moldova/spain | CC BY

Moldova's GDP per capita is $8,622, ranking 93/197, compared to $38,627 in Spain, ranking 31/197. Adjusted for purchasing power (GDP per capita PPP), Moldova ranks 100th at $18,615, while Spain ranks 34th at $57,965.

Economic indicators

Moldova Spain
Gross domestic product
$20.4B
2025
$1.91T
2025
GDP rank
133/197
2025
12/197
2025
GDP growth
2.42%
2024-2025
2.82%
2024-2025
GDP per capita
$8,622
2025
$38,627
2025
GDP per capita rank
93/197
2025
31/197
2025
GDP per capita, PPP
$18,615
2024
$57,965
2024
GDP per capita PPP rank
100/197
2024
34/197
2024
Government debt
$7.45B
2025
$1.91T
2025
Debt-to-GDP ratio
36.6%
2025
100.4%
2025
Government debt per person
$3,158
2025
$38,794
2025
Government debt per person rank
103/185
2025
20/185
2025
Average annual personal income after taxes
$4,301
2026
$24,910
2026
Market capitalization of domestic companies n/a
$1.3T
2025
Number of millionaires n/a
1,077,000
2026
Number of billionaires n/a
34
2026
Income share by richest 10%
22.8%
2023
24.5%
2023
Income share by poorest 10%
4.3%
2023
2.2%
2023
Government expenditure, % of GDP
39.4%
2025
44.7%
2025
Consumer prices inflation
7.76%
2024-2025
2.7%
2024-2025
Central bank interest rate
6.5%
2026
n/a
Unemployment rate
1.28%
2025
10.5%
2025
Population
2328600
49323658

Spending and national debt comparison by year

Moldova
Spending

Debt
Spain
Spending

Debt
1x
Year % of GDP
Moldova Spain
Government spending Government debt Government spending Government debt
2025 39.4% 36.6% 44.7% 100.4%
2024 38% 38.8% 45.5% 101.6%
2023 38.8% 34.9% 45.4% 105.1%
2022 36.6% 35% 46.3% 109.2%
2021 34.6% 33.6% 49.5% 115.6%
2020 36.7% 36.6% 51.4% 119.2%
2019 32% 28.8% 42% 97.6%
2018 31.5% 31.8% 41.5% 99.7%
2017 31% 34.9% 41% 101.1%
2016 30.5% 39.7% 42.1% 102%
2015 31.7% 42.1% 43.7% 102.4%
2014 33.8% 35.4% 45.1% 104.4%
2013 32.4% 30% 46.2% 100%
2012 33.7% 31.3% 49.2% 89.6%
2011 32.6% 24.2% 45.9% 69.5%
2010 34.1% 25.5% 45.8% 60.3%
2009 45.3% 32.6% 46.1% 53.1%
2008 41.5% 22.2% 41.3% 39.6%
2007 42.7% 28.3% 39.2% 35.7%
2006 40.3% 35% 38.4% 39%
2005 37.1% 40.4% 38.4% 42.4%
2004 34.8% 49.3% 38.8% 45.3%
2003 33.5% 68.1% 38.4% 47.7%
2002 30.7% 80.3% 38.6% 51.2%
2001 29.5% 85.4% 38.4% 54.1%
2000 34% 89.1% 39.1% 57.8%
1999 33% 150.7% 40% 60.9%
1998 39.1% 159.4% 41% 62.4%
1997 46% 89% 41.5% 64.3%
1996 43.3% 87.5% 42.9% 65.4%
1995 42% 79.5% 44.1% 61.6%
1994 - - 44.8% 57%
1993 - - 46.3% 54.6%
1992 - - 43.9% 44.1%
1991 - - 42.6% 41.9%
1990 - - 41.1% 41.3%
1989 - - 32.1% 39.2%
1988 - - 28.6% 38.2%
1987 - - 31.1% 42.1%
1986 - - 28.4% 36.5%
1985 - - 27.6% 31.5%
1984 - - 27% 18.3%
1983 - - 26% 13.4%
1982 - - 21.5% 12%
1981 - - 18.1% 10.9%
1980 - - 16.3% 10.2%
1979 - - 14.3% 9.88%
1978 - - 14.3% 9.93%
1977 - - 12.8% 8.75%
1976 - - 11.5% 8.21%
1975 - - 11.4% 11.9%
1974 - - 11.4% 13.6%
1973 - - 9.88% 16.3%
1972 - - 12.5% 17.6%
1971 - - 14% 17.9%
1970 - - 12.3% 19.2%
1969 - - 12.3% 18.8%
1968 - - 12.8% 18.3%
1967 - - 12.5% 17.6%
1966 - - 11.8% 17.7%
1965 - - 14% 18.1%
1964 - - 12.7% 19.5%
1963 - - 12.4% 21%
1962 - - 10.6% 24.4%
1961 - - 9.97% 26.7%
1960 - - 11% 29.4%

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/moldova/spain | CC BY

In 2025, Moldova's government spending was $8.02B, accounting for 39.4% of its GDP, while Spain spent $852B, or 44.7% of GDP.

Debt-to-GDP ratio is 36.6% in Moldova and 100.4% in Spain, ranking 140/185 and 25/185, respectively.

Government deficit by year

Deficit/surplus
Moldova

Spain
1x
Year Deficit/surplus, % of GDP
Moldova Spain
2025 -3.87% -2.5%
2024 -4.02% -3.22%
2023 -5.13% -3.34%
2022 -3.24% -4.59%
2021 -2.62% -6.66%
2020 -5.32% -10%
2019 -1.47% -3.04%
2018 -0.85% -2.58%
2017 -0.65% -3.1%
2016 -1.56% -4.26%
2015 -1.93% -5.26%
2014 -1.6% -6.07%
2013 -1.57% -7.49%
2012 -1.93% -11.5%
2011 -2.05% -9.69%
2010 -2.18% -9.49%
2009 -6.38% -11.2%
2008 -0.87% -4.56%
2007 0.15% 1.88%
2006 -0.42% 2.12%
2005 1.44% 1.23%
2004 0.59% -0.1%
2003 0.47% -0.37%
2002 -1.18% -0.32%
2001 -0.34% -0.45%
2000 -3.55% -1.16%
1999 -2.64% -1.24%
1998 -1.52% -2.63%
1997 -7.47% -3.86%
1996 -7.42% -5.87%
1995 -2.58% -6.79%
1994 - -6.31%
1993 - -6.89%
1992 - -4.26%
1991 - -4.58%
1990 - -3.9%
1989 - -3.24%
1988 - -2.95%
1987 - -3.52%
1986 - -5.18%
1985 - -6.04%
1984 - -5.25%
1983 - -4.77%
1982 - -5.76%
1981 - -2.88%
1980 - -2.55%
1979 - -1.51%
1978 - -1.63%
1977 - -0.24%
1976 - 0.43%
1975 - 0.26%
1974 - 0.11%
1973 - 1.09%
1972 - 0.24%
1971 - -0.96%
1970 - 0.09%
1969 - -0.06%
1968 - -0.55%
1967 - -0.32%
1966 - 0.07%
1965 - -0.04%
1964 - 0.18%
1963 - -0.54%
1962 - 1.27%
1961 - 1.9%
1960 - 0.69%
1959 - 0.54%
1958 - 0.23%
1957 - 1.13%
1956 - -0.05%
1955 - 0.6%
1954 - 0.7%
1953 - 1.02%
1952 - 0.81%
1951 - -0.24%
1950 - -0.44%
1949 - -0.35%
1948 - -1.21%
1947 - -1.09%
1946 - -2.24%
1945 - -4.56%
1944 - -5.44%
1943 - -7.73%
1942 - -2.48%
1941 - -4.34%
1940 - -3.54%
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -0.49%
1934 - -1.17%
1933 - -0.72%
1932 - -0.3%
1931 - 0.1%
1930 - 0.3%
1929 - -0.07%
1928 - -0.31%
1927 - -0.54%
1926 - -0.65%
1925 - -1.19%
1924 - -1.76%
1923 - -1.89%
1922 - -2.26%
1921 - -3.33%
1920 - -2.4%
1919 - -1.82%
1918 - -1.8%
1917 - -1.49%
1916 - -1.15%
1915 - -2.97%
1914 - -1.04%
1913 - -0.09%
1912 - -0.33%
1911 - 0.19%
1910 - 0.09%
1909 - -0.29%
1908 - 0.59%
1907 - 0.66%
1906 - 0.91%
1905 - 0.71%
1904 - 0.52%
1903 - 0.28%
1902 - 0.74%
1901 - 0.69%
1900 - 1.04%
1899 - 2.75%
1898 - 0.13%
1897 - -0.64%
1896 - 0.46%
1895 - 0.83%
1894 - -0.08%
1893 - 0.87%
1892 - -0.67%
1891 - -0.41%
1890 - -0.4%
1889 - -0.38%
1888 - -0.97%
1887 - -0.73%
1886 - -0.08%
1885 - -0.78%
1884 - -0.23%
1883 - -0.38%
1882 - 0.38%
1881 - 0.08%
1880 - -0.02%
1879 - -0.52%
1878 - -0.08%
1877 - 0.11%
1876 - 0.1%
1875 - -1.42%
1874 - -0.1%
1873 - 2.22%
1872 - -2.27%
1871 - -2.64%
1870 - -3.42%
1869 - -2.64%
1868 - -1.46%
1867 - -0.79%
1866 - -0.83%
1865 - -1.84%
1864 - -2.48%
1863 - -1.55%
1862 - -1.76%
1861 - -1.77%
1860 - -0.94%
1859 - 0.39%
1858 - -0.44%
1857 - -0.41%
1856 - -0.46%
1855 - -0.76%
1854 - -0.32%
1853 - -0.02%
1852 - -0.11%
1851 - -0.25%
1850 - 0.31%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1850–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/moldova/spain | CC BY

In 2025, Moldova's government deficit, the difference between spending and revenue, was $788M, equivalent to 3.87% of GDP. This compares to Spain's deficit of $47.6B, or 2.5% of GDP.

Over the past 31 years, Moldova recorded a fiscal deficit in 27 of those years, while Spain ran a deficit in 28 years. On average, Moldova posted an annual deficit equal to 2.31% of GDP, compared to deficit of 4.07% of GDP for Spain.

Inflation comparison by year

Inflation
Moldova

Spain
1x
Year Consumer prices inflation
Moldova Spain
2025 7.76% 2.7%
2024 4.68% 2.75%
2023 13.4% 3.53%
2022 28.7% 8.39%
2021 5.11% 3.09%
2020 3.77% -0.32%
2019 4.84% 0.7%
2018 3.05% 1.67%
2017 6.57% 1.96%
2016 6.36% -0.2%
2015 9.68% -0.5%
2014 5.09% -0.15%
2013 4.6% 1.41%
2012 4.55% 2.45%
2011 7.69% 3.2%
2010 7.48% 1.8%
2009 -0.06% -0.29%
2008 12.8% 4.08%
2007 12.4% 2.79%
2006 12.8% 3.52%
2005 12% 3.37%
2004 12.5% 3.04%
2003 11.7% 3.04%
2002 5.3% 3.07%
2001 9.76% 3.59%
2000 31.3% 3.43%
1999 39.3% 2.31%
1998 7.7% 1.83%
1997 11.8% 1.97%

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

GeoRank.org/economy/moldova/spain | CC BY

Over the past 29 years, Moldova has recorded an average annual inflation rate of 10.4%, compared with 2.35% in Spain. In 2025, inflation was 7.76% in Moldova and 2.7% in Spain.

Top exports between countries

Moldova
Export category Export value
Processed food, beverages & tobacco $14.5M
Manufacturing & construction services $14M
Raw agricultural goods $12.4M
Machinery & equipment $4.06M
Textiles & consumer goods $1.95M
Animal & marine products $1.81M
Wood & paper products $311K
Metals $98K
Chemicals & pharma $92K
Raw materials & minerals $22K
Spain
Export category Export value
Machinery & equipment $17.7M
Animal & marine products $16.9M
Raw agricultural goods $16M
Textiles & consumer goods $15.6M
Weapons & explosives $14.2M
Processed food, beverages & tobacco $12M
Chemicals & pharma $11.8M
Raw materials & minerals $3.01M
Wood & paper products $2.4M
Metals $1.64M

Balance of trade

Moldova Spain
Current account balance
-$4B
2025
$56B
2025
Current account balance ranking
158/190
2025
12/190
2025
Current account balance, % of GDP
-19.6%
2025
+2.94%
2025
Goods imports
$10.1B
2025
$499B
2025
Goods exports
$3.23B
2025
$443B
2025
Service imports
$2.17B
2025
$127B
2025
Service exports
$3.22B
2025
$256B
2025
Imports of goods and services, % of GDP
60.9%
2025
32.8%
2025
Exports of goods and services, % of GDP
31.8%
2025
36.6%
2025

Economic freedom indices

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

Moldova Spain
Economic freedom 58.1 66.8
Economic freedom ranking 112/197 59/197
Property rights 40.4 88
Government integrity 45.1 64.2
Judicial effectiveness 32.4 74.3
Tax burden 87.9 58.2
Government spending 57.2 37.3
Fiscal health 70.3 57.3
Business freedom 68.3 82.6
Labor freedom 48.1 61.7
Monetary freedom 66 78.2
Trade freedom 76.8 79.4
Investment freedom 55 60
Financial freedom 50 60

Economic freedom comparison by year

Moldova
Spain
1x
Year Economic freedom index
Moldova Spain
2026 58.1 66.8
2025 58.3 66.3
2024 57.1 63.3
2023 58.5 65
2022 61.3 68.2
2021 62.5 69.9
2020 62 66.9
2019 59.1 65.7
2018 58.4 65.1
2017 58 63.6
2016 57.4 68.5
2015 57.5 67.6
2014 57.3 67.2
2013 55.5 68
2012 54.4 69.1
2011 55.7 70.2
2010 53.7 69.6
2009 54.9 70.1
2008 57.9 69.1
2007 58.7 69.2
2006 58 68.2
2005 57.4 67
2004 57.1 68.9
2003 60 68.8
2002 57.4 68.8
2001 54.9 68.1
2000 59.6 65.9
1999 56.1 65.1
1998 53.5 62.6
1997 48.9 59.6
1996 52.5 59.6
1995 33 62.8

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

GeoRank.org/economy/moldova/spain | CC BY

The Economic Freedom Index for Moldova is 58.1, ranking 112/197, compared to 66.8 for Spain, ranking 59/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Moldova Spain
Services, % of GDP
61.5%
2025
68.4%
2025
Industry, % of GDP
16.9%
2025
19.6%
2025
Agriculture, forestry, and fishing, % of GDP
7.38%
2025
2.68%
2025
GNI, Atlas method
$19B
2025
$1.83T
2025
GNI per capita, PPP
$19,990
2025
$59,830
2025
Total reserves including gold
$6.01B
2025
$129B
2025
Total reserves ranking
97/177
2025
23/177
2025
Net foreign direct investment
-$360M
2025
$18.3B
2025
Net inflows of foreign direct investment
$458M
2024
$42.8B
2024
Net outflows of foreign direct investment
$98.4M
2024
$71.5B
2024
Servicing debt to the IMF, % of GNI
6.22%
2024
n/a
Poverty at national poverty lines
31.6%
2023
20.2%
2022
Gross capital formation, % of GDP
24.2%
2025
21.4%
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 (1850–1989, 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 (2022–2025, 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.