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Economy of Netherlands vs Saint Vincent compared: GDP & Debt

Updated on by Georank team

The Netherlands has a GDP of $1.21T compared to $1.16B for Saint Vincent, ranking 19/197 and 186/197 by economy size, respectively.

The Netherlands has $532B in government debt (43.8% of GDP), compared to $1.07B (92.7% of GDP) in Saint Vincent.

Netherlands vs Saint Vincent GDP by year

Netherlands
Saint Vincent
1x
Year GDP, current $
Netherlands Saint Vincent
2024 $1,214,927,698,573 $1,157,207,407
2023 $1,135,475,867,551 $1,072,237,037
2022 $1,046,540,797,549 $989,188,889
2021 $1,054,472,123,450 $888,677,778
2020 $932,560,861,701 $864,566,667
2019 $928,903,005,576 $910,481,481
2018 $929,733,599,797 $884,329,630
2017 $848,233,537,846 $844,040,741
2016 $797,163,949,290 $814,303,704
2015 $775,743,675,303 $786,555,556
2014 $901,556,501,756 $770,900,000
2013 $883,951,539,007 $764,781,259
2012 $845,689,017,066 $730,032,593
2011 $913,140,741,333 $713,796,370
2010 $852,464,982,433 $720,447,889
2009 $878,954,223,140 $714,300,259
2008 $957,901,566,041 $732,663,259
2007 $853,499,460,873 $713,596,667
2006 $737,593,995,289 $643,501,148
2005 $688,133,699,636 $579,948,926
2004 $661,224,886,143 $549,900,185
2003 $582,435,617,082 $509,090,889
2002 $475,529,972,123 $487,763,852
2001 $432,536,219,669 $462,072,333
2000 $417,649,282,154 $427,946,037
1999 $447,778,514,140 $390,718,519
1998 $438,612,530,549 $373,618,519
1997 $417,506,211,882 $347,770,370
1996 $451,372,549,020 $331,488,889
1995 $452,967,334,614 $316,007,407
1994 $379,688,232,232 $289,437,037
1993 $354,070,495,966 $286,307,407
1992 $363,497,050,125 $277,955,556
1991 $327,982,316,124 $254,829,630
1990 $318,799,003,994 $240,366,667
1989 $258,716,904,292 $214,745,002
1988 $262,295,966,105 $200,726,713
1987 $245,406,949,521 $175,580,647
1986 $201,157,708,221 $160,846,657
1985 $144,057,523,222 $145,641,705
1984 $144,124,462,912 $135,024,988
1983 $153,671,294,109 $122,255,350
1982 $158,712,765,536 $113,759,203
1981 $164,375,775,854 $102,086,539
1980 $195,439,301,707 $82,340,340
1979 $179,933,827,310 $71,096,360
1978 $156,089,077,205 $60,844,771
1977 $127,203,923,857 $49,353,162
1976 $109,329,386,564 $32,792,845
1975 $100,397,061,694 $33,237,226
1974 $87,371,810,804 $32,923,703
1973 $71,946,639,603 $30,165,081
1972 $54,787,070,173 $27,585,805
1971 $44,644,730,576 $20,051,922
1970 $38,220,884,519 $18,450,000
1969 $34,086,038,090 $16,650,000
1968 $30,097,635,751 $15,350,000
1967 $27,143,828,099 $15,835,106
1966 $24,741,480,717 $16,099,960
1965 $22,721,869,808 $15,108,296
1964 $20,232,048,553 $14,758,296
1963 $17,193,744,109 $13,708,299
1962 $15,847,582,341 $14,524,964
1961 $14,599,836,396 $13,999,965
1960 $13,282,979,015 $13,066,634

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

GeoRank.org/economy/netherlands/saint-vincent | CC BY

GDP per capita in Netherlands vs Saint Vincent by year

Netherlands
GDP per capita

GDP per capita, PPP
Saint Vincent
GDP per capita

GDP per capita, PPP
1x
Year Current $
Netherlands Saint Vincent
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $67,520 $86,174 $11,501 $21,272
2023 $63,516 $81,729 $10,582 $19,820
2022 $59,123 $78,630 $9,694 $18,035
2021 $60,142 $68,574 $8,641 $16,201
2020 $53,468 $62,597 $8,351 $15,337
2019 $53,555 $62,345 $8,741 $15,340
2018 $53,955 $58,819 $8,428 $14,690
2017 $49,514 $56,038 $7,988 $13,575
2016 $46,809 $53,162 $7,657 $13,493
2015 $45,794 $50,957 $7,354 $12,379
2014 $53,457 $49,751 $7,169 $12,136
2013 $52,602 $49,622 $7,072 $11,625
2012 $50,474 $47,653 $6,714 $10,989
2011 $54,702 $47,004 $6,528 $10,774
2010 $51,306 $45,301 $6,552 $10,561
2009 $53,172 $44,959 $6,464 $10,869
2008 $58,247 $46,714 $6,599 $10,902
2007 $52,101 $44,203 $6,398 $10,604
2006 $45,124 $41,208 $5,745 $9,949
2005 $42,165 $37,778 $5,157 $8,986
2004 $40,611 $35,961 $4,873 $8,472
2003 $35,897 $34,286 $4,500 $7,903
2002 $29,447 $34,568 $4,303 $7,250
2001 $26,956 $33,259 $4,071 $6,768
2000 $26,225 $31,895 $3,769 $6,503
1999 $28,319 $29,316 $3,447 $6,266
1998 $27,924 $27,749 $3,301 $6,026
1997 $26,745 $26,062 $3,074 $5,726
1996 $29,064 $24,564 $2,930 $5,440
1995 $29,301 $23,480 $2,795 $5,277
1994 $24,683 $22,414 $2,563 $4,802
1993 $23,156 $21,443 $2,540 $4,769
1992 $23,939 $20,831 $2,471 $4,477
1991 $21,764 $20,177 $2,271 $4,126
1990 $21,322 $19,203 $2,150 $3,960
1989 $17,423 - $1,930 -
1988 $17,771 - $1,814 -
1987 $16,734 - $1,596 -
1986 $13,804 - $1,472 -
1985 $9,941 - $1,342 -
1984 $9,992 - $1,254 -
1983 $10,696 - $1,144 -
1982 $11,089 - $1,074 -
1981 $11,537 - $972 -
1980 $13,812 - $790 -
1979 $12,817 - $687 -
1978 $11,196 - $592 -
1977 $9,180 - $484 -
1976 $7,937 - $324 -
1975 $7,346 - $331 -
1974 $6,450 - $331 -
1973 $5,353 - $306 -
1972 $4,110 - $282.1 -
1971 $3,384 - $207 -
1970 $2,931 - $192.3 -
1969 $2,647 - $175.2 -
1968 $2,364 - $163.1 -
1967 $2,155 - $170 -
1966 $1,986 - $174.9 -
1965 $1,848 - $166.2 -
1964 $1,668 - $164.4 -
1963 $1,437 - $154.9 -
1962 $1,342 - $166.5 -
1961 $1,254 - $163 -
1960 $1,156 - $154.8 -

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

GeoRank.org/economy/netherlands/saint-vincent | CC BY

The Netherlands' GDP per capita is $67,520, ranking 13/197, compared to $11,501 in Saint Vincent, ranking 81/197. Adjusted for purchasing power (GDP per capita PPP), the Netherlands ranks 11th at $86,174, while Saint Vincent ranks 92nd at $21,272.

Economic indicators

Netherlands Saint Vincent
Gross domestic product
$1.21T
2024
$1.16B
2024
GDP rank
19/197
2024
186/197
2024
GDP growth
1.08%
2023-2024
4.06%
2023-2024
GDP per capita
$67,520
2024
$11,501
2024
GDP per capita rank
13/197
2024
81/197
2024
GDP per capita, PPP
$86,174
2024
$21,272
2024
GDP per capita PPP rank
11/197
2024
92/197
2024
Government debt
$532B
2024
$1.07B
2024
Debt-to-GDP ratio
43.8%
2024
92.7%
2024
Government debt per person
$29,571
2024
$10,659
2024
Government debt per person rank
24/185
2024
56/185
2024
Average annual personal income after taxes
$47,815
2026
$12,573
2026
Market capitalization of domestic companies
$1.1T
2017
n/a
Number of millionaires
1,267,000
2025
n/a
Number of billionaires
13
2025
n/a
Income share by richest 10%
21.4%
2021
n/a
Income share by poorest 10%
3.6%
2021
n/a
Government expenditure, % of GDP
44.4%
2024
39.1%
2024
Consumer prices inflation
3.35%
2023-2024
3.63%
2023-2024
Unemployment rate
3.64%
2024
18.8%
2008
Population
18252623
99237

Spending and national debt comparison by year

Netherlands
Spending

Debt
Saint Vincent
Spending

Debt
1x
Year % of GDP
Netherlands Saint Vincent
Government spending Government debt Government spending Government debt
2024 44.4% 43.8% 39.1% 92.7%
2023 44% 45.9% 38.9% 89.4%
2022 43.3% 48.4% 36.6% 86.3%
2021 45.9% 50.5% 37.2% 88.4%
2020 47.8% 53.4% 32.9% 80.2%
2019 42.1% 47.7% 29.2% 68.2%
2018 42.4% 51.6% 26.3% 69.4%
2017 42.8% 56% 26.6% 69%
2016 43.9% 60.9% 27.1% 79.4%
2015 45.3% 63.8% 27.6% 75.1%
2014 46.7% 67.2% 30.4% 75%
2013 47.5% 67.2% 29.4% 69.9%
2012 47.6% 65.7% 26.5% 68.1%
2011 47.8% 61.2% 29.4% 64%
2010 48.9% 58.9% 31.1% 61.1%
2009 48.4% 56.3% 31% 57.2%
2008 44.3% 54.4% 28.4% 50.3%
2007 43.3% 42.7% 27.1% 48.5%
2006 44% 45% 26.1% 44.7%
2005 43.4% 49.6% 26.7% 50.5%
2004 44.7% 50.1% 24.9% 58.6%
2003 45.8% 49.8% 26% 55.3%
2002 44.8% 48.7% 25.7% 53.2%
2001 44.1% 49.4% 24.4% 52%
2000 43.2% 52.2% 23.8% 54.3%
1999 44.3% 58.6% 25.2% 52.9%
1998 44.6% 62.7% 25.2% 39.5%
1997 45.7% 65.7% 26% 38.8%
1996 47.3% 71.2% 20.9% 40.7%
1995 53.9% 73% 19.9% 46.8%
1994 49.4% 73.5% 22.4% 52.8%
1993 50.9% 76.7% 22.3% 48.1%
1992 50.2% 75.6% 25.4% 49.6%
1991 49.6% 74.8% 25.5% 52.1%
1990 48.8% 75% 23.1% 53.9%
1989 54.5% 73.7% 27.6% -
1988 56.4% 73.7% 24.8% -
1987 58.5% 71.3% 23.7% -
1986 57% 68.9% 22.3% -
1985 57.3% 67.1% 21.4% -
1984 58.1% 61.9% 23.1% -
1983 59.1% 58.4% - -
1982 59.1% 52.4% - -
1981 56.8% 46.9% - -
1980 55.2% 43.6% - -
1979 53.7% 39.5% - -
1978 52.3% 38.1% - -
1977 50.6% 34.9% - -
1976 50.8% 35.2% - -
1975 50.8% 36.1% - -
1974 46.4% 36.3% - -
1973 44.6% 38.1% - -
1972 44.9% 41.3% - -
1971 44.6% 43.7% - -
1970 43.2% 46.1% - -
1969 42.1% 48.2% - -
1968 25.4% 54.4% - -
1967 24.1% 55% - -
1966 24.4% 55.6% - -
1965 23.4% 55.8% - -
1964 22.3% 57.1% - -
1963 21.9% 61.7% - -
1962 22.1% 63.8% - -
1961 22.2% 65.9% - -
1960 20.4% 66.7% - -

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/netherlands/saint-vincent | CC BY

In 2024, the Netherlands' government spending was $540B, accounting for 44.4% of its GDP, while Saint Vincent spent $453M, or 39.1% of GDP.

Debt-to-GDP ratio is 43.8% in the Netherlands and 92.7% in Saint Vincent, ranking 123/185 and 29/185, respectively.

Government deficit by year

Deficit/surplus
Netherlands

Saint Vincent
1x
Year Deficit/surplus, % of GDP
Netherlands Saint Vincent
2024 -0.94% -12.9%
2023 -0.37% -12%
2022 0.002% -9.35%
2021 -2.26% -7.19%
2020 -3.72% -5.92%
2019 1.91% -3.45%
2018 1.49% -1.65%
2017 1.35% -1.56%
2016 0.23% 0.04%
2015 -1.84% -2.01%
2014 -2.17% -2.82%
2013 -2.87% -5.81%
2012 -3.83% -1.81%
2011 -4.42% -3.5%
2010 -5.3% -3.7%
2009 -5.06% -2.85%
2008 -0.06% -1.3%
2007 -0.16% -3.07%
2006 0.04% -3.13%
2005 -0.51% -4.3%
2004 -1.82% -2.71%
2003 -3.19% -2.51%
2002 -2.23% -2%
2001 -0.47% -1.6%
2000 1.14% -0.82%
1999 0.28% -1.93%
1998 -1.34% -1.81%
1997 -1.6% -2.77%
1996 -1.91% 1.57%
1995 -8.72% 1.08%
1994 -3.53% 0.12%
1993 -3.13% -1.46%
1992 -3.12% -3.25%
1991 -2.05% -0.47%
1990 -4.08% 1.69%
1989 -5% -1.92%
1988 -4.23% 0.59%
1987 -5.39% 1.1%
1986 -4.62% 2.32%
1985 -3.6% 4.23%
1984 -5.25% 2.5%
1983 -5.47% -
1982 -6.17% -
1981 -4.92% -
1980 -3.95% -
1979 -2.46% -
1978 -2.09% -
1977 -0.75% -
1976 -2.02% -
1975 -2.82% -
1974 -0.26% -
1973 0.54% -
1972 -0.7% -
1971 -1.58% -
1970 -1.52% -
1969 -1.14% -
1968 -3.06% -
1967 -1.97% -
1966 -2.37% -
1965 -1.15% -
1964 -1.2% -
1963 -0.54% -
1962 -1.38% -
1961 -0.38% -
1960 0.9% -
1959 -0.74% -
1958 -0.89% -
1957 0.3% -
1956 -0.83% -
1955 -0.25% -
1954 0.76% -
1953 -2.95% -
1952 2.19% -
1951 2.13% -
1950 0.81% -
1949 2.3% -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 -3.19% -
1938 -0.37% -
1937 0.02% -
1936 -0.41% -
1935 -0.69% -
1934 -0.92% -
1933 -2.55% -
1932 -1.97% -
1931 -1.66% -
1930 -0.55% -
1929 -1.16% -
1928 -0.62% -
1927 -0.33% -
1926 -0.78% -
1925 -2.04% -
1924 -3.37% -
1923 -2.62% -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -0.45% -
1912 -0.47% -
1911 -0.13% -
1910 -0.93% -
1909 -0.34% -
1908 -0.57% -
1907 0.03% -
1906 0.16% -
1905 0.1% -
1904 -0.72% -
1903 0.09% -
1902 -0.14% -
1901 0.03% -
1900 0.06% -
1899 -0.13% -
1898 -0.48% -
1897 -0.45% -
1896 0.08% -
1895 -0.06% -
1894 0.12% -
1893 -0.76% -
1892 -1.72% -
1891 -0.06% -
1890 -0.06% -
1889 0.04% -
1888 -0.31% -
1887 -0.37% -
1886 -0.08% -
1885 -0.55% -
1884 0% -
1883 -2.1% -
1882 -1.11% -
1881 -1.06% -
1880 0.21% -

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/netherlands/saint-vincent | CC BY

In 2024, the Netherlands' government deficit, the difference between spending and revenue, was $11.5B, equivalent to 0.94% of GDP. This compares to Saint Vincent's deficit of $149M, or 12.9% of GDP.

Over the past 41 years, the Netherlands recorded a fiscal deficit in 33 of those years, while Saint Vincent ran a deficit in 31 years. On average, the Netherlands posted an annual deficit equal to 2.25% of GDP, compared to deficit of 2.35% of GDP for Saint Vincent.

Inflation comparison by year

Inflation
Netherlands

Saint Vincent
1x
Year Consumer prices inflation
Netherlands Saint Vincent
2024 3.35% 3.63%
2023 3.84% 4.56%
2022 10% 5.66%
2021 2.68% 1.57%
2020 1.27% -0.63%
2019 2.63% 0.91%
2018 1.7% 2.32%
2017 1.38% 2.15%
2016 0.32% -0.15%
2015 0.6% -1.73%
2014 0.98% 0.19%
2013 2.51% 0.81%
2012 2.46% 2.6%
2011 2.34% 3.19%
2010 1.28% 0.75%
2009 1.19% 0.42%
2008 2.49% 10.1%
2007 1.61% 7.24%
2006 1.1% 2.74%
2005 1.69% 3.73%
2004 1.26% 2.96%
2003 2.09% 0.21%
2002 3.29% 1.86%
2001 4.16% 0.9%
2000 2.36% 0.17%
1999 2.16% 1.01%
1998 1.96% 2.14%
1997 2.11% 0.44%

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

GeoRank.org/economy/netherlands/saint-vincent | CC BY

Over the past 28 years, the Netherlands has recorded an average annual inflation rate of 2.31%, compared with 2.13% in Saint Vincent. In 2024, inflation was 3.35% in the Netherlands and 3.63% in Saint Vincent.

Top exports between countries

Netherlands
Export category Export value
Machinery & equipment $80.4M
Processed food, beverages & tobacco $930K
Raw agricultural goods $926K
Textiles & consumer goods $691K
Metals $445K
Raw materials & minerals $380K
Chemicals & pharma $343K
Animal & marine products $188K
Miscellaneous $83K
Wood & paper products $73K
Saint Vincent
Export category Export value
Machinery & equipment $256K
Textiles & consumer goods $4K
Chemicals & pharma $1K

Balance of trade

Netherlands Saint Vincent
Current account balance
$111B
2024
-$157M
2024
Current account balance ranking
5/190
2024
93/190
2024
Current account balance, % of GDP
+9.13%
2024
-13.5%
2024
Goods imports
$606B
2024
$445M
2024
Goods exports
$693B
2024
$59.2M
2024
Service imports
$262B
2024
$196M
2024
Service exports
$308B
2024
$366M
2024
Imports of goods and services, % of GDP
71.4%
2024
n/a
Exports of goods and services, % of GDP
82.4%
2024
15.3%
2025

Economic freedom indices

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

Netherlands Saint Vincent
Economic freedom 78.5 60
Economic freedom ranking 11/197 98/197
Property rights 96 65.2
Government integrity 86.8 63.3
Judicial effectiveness 96.1 76.9
Tax burden 54 82
Government spending 42.2 56.2
Fiscal health 95.9 2.8
Business freedom 85 67.3
Labor freedom 59.3 60.1
Monetary freedom 77 77.3
Trade freedom 79.4 58.8
Investment freedom 90 70
Financial freedom 80 40

Economic freedom comparison by year

Netherlands
Saint Vincent
1x
Year Economic freedom index
Netherlands Saint Vincent
2026 78.5 60
2025 78.2 60.1
2024 77.3 59.8
2023 78 63.5
2022 79.5 65.7
2021 76.8 66.3
2020 77 66.8
2019 76.8 65.8
2018 76.2 67.7
2017 75.8 65.2
2016 74.6 68.8
2015 73.7 68
2014 74.2 67
2013 73.5 66.7
2012 73.3 66.5
2011 74.7 66.9
2010 75 66.9
2009 77 64.3
2008 77.4 -
2007 75.5 -
2006 75.4 -
2005 72.9 -
2004 74.5 -
2003 74.6 -
2002 75.1 -
2001 73 -
2000 70.4 -
1999 70.2 -
1998 69.2 -
1997 70.4 -
1996 69.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/netherlands/saint-vincent | CC BY

The Economic Freedom Index for the Netherlands is 78.5, ranking 11/197, compared to 60 for Saint Vincent, ranking 98/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Netherlands Saint Vincent
Services, % of GDP
70.5%
2024
66.4%
2024
Industry, % of GDP
17.5%
2024
15.4%
2024
Agriculture, forestry, and fishing, % of GDP
1.73%
2024
3.55%
2024
GNI, Atlas method
$1.12T
2024
$1.11B
2024
GNI per capita, PPP
$84,970
2024
$21,150
2024
Total reserves including gold
$79.1B
2024
$317M
2024
Total reserves ranking
34/177
2024
167/177
2024
Net foreign direct investment
$11.1B
2024
-$74M
2024
Net inflows of foreign direct investment
-$17.1B
2024
$139M
2024
Net outflows of foreign direct investment
-$5.93B
2024
-$1.92M
2024
Servicing debt to the IMF, % of GNI n/a
3.84%
2024
Poverty at national poverty lines
14.5%
2021
n/a
Gross capital formation, % of GDP
19.7%
2024
n/a

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/netherlands/saint-vincent | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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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.

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.