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Economy of Netherlands vs Seychelles compared: GDP & Debt

Updated on by Georank

The Netherlands has a GDP of $1.33T compared to $2.39B for the Seychelles, ranking 18/197 and 177/197 by economy size, respectively.

The Netherlands has $578B in government debt (43.3% of GDP), compared to $1.23B (51.5% of GDP) in the Seychelles.

Netherlands vs Seychelles GDP by year

Netherlands
Seychelles
1x
Year GDP, current $
Netherlands Seychelles
2025 $1,332,767,651,100 $2,387,022,853
2024 $1,213,936,238,063 $2,228,608,684
2023 $1,135,475,867,551 $2,171,547,935
2022 $1,046,540,797,549 $1,999,888,599
2021 $1,054,472,123,450 $1,487,173,795
2020 $932,560,861,701 $1,382,551,752
2019 $928,903,005,576 $1,868,690,097
2018 $929,733,599,797 $1,784,313,927
2017 $848,233,537,846 $1,675,370,641
2016 $797,163,949,290 $1,568,513,348
2015 $775,743,675,303 $1,432,403,352
2014 $901,556,501,756 $1,387,577,870
2013 $883,951,539,007 $1,333,160,407
2012 $845,689,017,066 $1,089,407,839
2011 $913,140,741,333 $1,058,918,707
2010 $852,464,982,433 $981,616,542
2009 $878,954,223,140 $850,901,620
2008 $957,901,566,041 $979,597,394
2007 $853,499,460,873 $1,077,308,814
2006 $737,593,995,289 $1,081,441,283
2005 $688,133,699,636 $977,899,382
2004 $661,224,886,143 $893,012,218
2003 $582,435,617,082 $750,847,230
2002 $475,529,972,123 $742,134,838
2001 $432,536,219,669 $662,064,156
2000 $417,649,282,154 $654,212,394
1999 $447,778,514,140 $662,838,615
1998 $438,612,530,549 $647,287,376
1997 $417,506,211,882 $598,966,982
1996 $451,372,549,020 $535,250,347
1995 $452,967,334,614 $540,733,048
1994 $379,688,232,232 $517,570,058
1993 $354,070,495,966 $504,230,621
1992 $363,497,050,125 $461,409,399
1991 $327,982,316,124 $398,307,170
1990 $318,799,003,994 $392,163,561
1989 $258,716,904,292 $324,333,367
1988 $262,295,966,105 $301,985,618
1987 $245,406,949,521 $265,212,957
1986 $201,157,708,221 $221,147,061
1985 $144,057,523,222 $179,691,483
1984 $144,124,462,912 $160,992,921
1983 $153,671,294,109 $156,098,237
1982 $158,712,765,536 $157,211,790
1981 $164,375,775,854 $163,750,728
1980 $195,439,301,707 $156,783,830
1979 $179,933,827,310 $127,261,099
1978 $156,089,077,205 $85,552,366
1977 $127,203,923,857 $64,526,401
1976 $109,329,386,564 $49,278,982
1975 $100,397,061,694 $47,803,146
1974 $87,371,810,804 $43,134,496
1973 $71,946,639,603 $36,896,280
1972 $54,787,070,173 $30,645,123
1971 $44,644,730,576 $21,965,951
1970 $38,220,884,519 $18,432,032
1969 $34,086,038,090 $16,452,028
1968 $30,097,635,751 $16,074,028
1967 $27,143,828,099 $16,632,032
1966 $24,741,480,717 $16,443,034
1965 $22,721,869,808 $15,603,032
1964 $20,232,048,553 $15,393,032
1963 $17,193,744,109 $13,923,029
1962 $15,847,582,341 $12,642,026
1961 $14,599,836,396 $11,592,024
1960 $13,282,979,015 $12,012,025

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

GeoRank.org/economy/netherlands/seychelles | CC BY

GDP per capita in Netherlands vs Seychelles by year

Netherlands
GDP per capita

GDP per capita, PPP
Seychelles
GDP per capita

GDP per capita, PPP
1x
Year Current $
Netherlands Seychelles
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $73,684 - $19,449 -
2024 $67,465 $86,174 $18,365 $33,239
2023 $63,516 $81,729 $18,131 $31,781
2022 $59,123 $78,630 $16,683 $29,973
2021 $60,142 $68,574 $14,983 $29,980
2020 $53,468 $62,597 $14,041 $31,056
2019 $53,555 $62,345 $19,142 $34,219
2018 $53,955 $58,819 $18,440 $32,091
2017 $49,514 $56,038 $17,480 $30,675
2016 $46,809 $53,162 $16,567 $28,811
2015 $45,794 $50,957 $15,333 $25,435
2014 $53,457 $49,751 $15,188 $24,985
2013 $52,602 $49,622 $14,821 $22,487
2012 $50,474 $47,653 $12,337 $22,264
2011 $54,702 $47,004 $12,110 $21,781
2010 $51,306 $45,301 $10,935 $18,982
2009 $53,172 $44,959 $9,747 $18,453
2008 $58,247 $46,714 $11,265 $18,881
2007 $52,101 $44,203 $12,669 $19,473
2006 $45,124 $41,208 $12,783 $17,503
2005 $42,165 $37,778 $11,802 $15,846
2004 $40,611 $35,961 $10,828 $14,160
2003 $35,897 $34,286 $9,070 $14,142
2002 $29,447 $34,568 $8,864 $14,570
2001 $26,956 $33,259 $8,153 $14,615
2000 $26,225 $31,895 $8,064 $14,638
1999 $28,319 $29,316 $8,243 $13,853
1998 $27,924 $27,749 $8,210 $13,675
1997 $26,745 $26,062 $7,747 $13,458
1996 $29,064 $24,564 $7,004 $11,931
1995 $29,301 $23,480 $7,181 $10,809
1994 $24,683 $22,414 $6,975 $10,692
1993 $23,156 $21,443 $6,979 $11,020
1992 $23,939 $20,831 $6,520 $10,243
1991 $21,764 $20,177 $5,655 $9,387
1990 $21,322 $19,203 $5,642 $8,955
1989 $17,423 - $4,689 -
1988 $17,771 - $4,392 -
1987 $16,734 - $3,872 -
1986 $13,804 - $3,368 -
1985 $9,941 - $2,754 -
1984 $9,992 - $2,488 -
1983 $10,696 - $2,426 -
1982 $11,089 - $2,441 -
1981 $11,537 - $2,557 -
1980 $13,812 - $2,478 -
1979 $12,817 - $2,030 -
1978 $11,196 - $1,377 -
1977 $9,180 - $1,044 -
1976 $7,937 - $814 -
1975 $7,346 - $806 -
1974 $6,450 - $745 -
1973 $5,353 - $649 -
1972 $4,110 - $547 -
1971 $3,384 - $402 -
1970 $2,931 - $344 -
1969 $2,647 - $314 -
1968 $2,364 - $314 -
1967 $2,155 - $333 -
1966 $1,986 - $338 -
1965 $1,848 - $328 -
1964 $1,668 - $332 -
1963 $1,437 - $308 -
1962 $1,342 - $287 -
1961 $1,254 - $270.3 -
1960 $1,156 - $288.1 -

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

GeoRank.org/economy/netherlands/seychelles | CC BY

The Netherlands' GDP per capita is $73,684, ranking 12/197, compared to $19,449 in the Seychelles, ranking 64/197. Adjusted for purchasing power (GDP per capita PPP), the Netherlands ranks 11th at $86,174, while the Seychelles ranks 67th at $33,239.

Economic indicators

Netherlands Seychelles
Gross domestic product
$1.33T
2025
$2.39B
2025
GDP rank
18/197
2025
177/197
2025
GDP growth
1.78%
2024-2025
5.8%
2024-2025
GDP per capita
$73,684
2025
$19,449
2025
GDP per capita rank
12/197
2025
64/197
2025
GDP per capita, PPP
$86,174
2024
$33,239
2024
GDP per capita PPP rank
11/197
2024
67/197
2024
Government debt
$578B
2025
$1.23B
2025
Debt-to-GDP ratio
43.3%
2025
51.5%
2025
Government debt per person
$31,942
2025
$10,019
2025
Government debt per person rank
23/185
2025
59/185
2025
Average annual personal income after taxes
$46,674
2026
$11,537
2026
Market capitalization of domestic companies
$1.1T
2017
$646M
2025
Number of millionaires
1,294,000
2026
n/a
Number of billionaires
13
2026
n/a
Income share by richest 10%
21.4%
2021
23.9%
2018
Income share by poorest 10%
3.6%
2021
2.6%
2018
Government expenditure, % of GDP
45.1%
2025
32.7%
2025
Consumer prices inflation
3.26%
2024-2025
0.3%
2024-2025
Central bank interest rate n/a
1.75%
2024
Unemployment rate
3.9%
2025
2.59%
2024
Population
18243998
125859

Spending and national debt comparison by year

Netherlands
Spending

Debt
Seychelles
Spending

Debt
1x
Year % of GDP
Netherlands Seychelles
Government spending Government debt Government spending Government debt
2025 45.1% 43.3% 32.7% 51.5%
2024 44.4% 43.7% 33% 56.1%
2023 44% 45.8% 33.1% 55.1%
2022 43.3% 48.4% 31.6% 60.6%
2021 45.9% 50.5% 38.8% 71%
2020 47.8% 53.4% 46.7% 77.4%
2019 42.1% 47.7% 31.7% 48.9%
2018 42.4% 51.6% 33% 51.3%
2017 42.8% 56% 34.3% 56.7%
2016 43.9% 60.9% 34.5% 64.3%
2015 45.3% 63.8% 31.5% 75.4%
2014 46.7% 67.2% 33.4% 70.4%
2013 47.5% 67.2% 37.8% 68.2%
2012 47.6% 65.7% 38.6% 80.1%
2011 47.8% 61.2% 36.4% 82.5%
2010 48.9% 58.9% 34.6% 82.2%
2009 48.4% 56.3% 32.1% 106.1%
2008 44.3% 54.4% 27% 192.1%
2007 43.3% 42.7% 41.9% 144%
2006 44% 45% 43.6% 135.1%
2005 43.4% 49.6% 39% 144.1%
2004 44.7% 50.1% 39.9% 163.2%
2003 45.8% 49.8% 44.6% 177%
2002 44.8% 48.7% 56.3% 195.9%
2001 44.1% 49.4% 46.8% 199.8%
2000 43.2% 52.2% 55.4% 177.8%
1999 44.3% 58.6% 56.1% 159.8%
1998 44.6% 62.7% 60.7% 161.2%
1997 45.7% 65.7% 54.7% 143%
1996 47.3% 71.2% 59.1% 146.7%
1995 53.9% 73% 53.1% 133.5%
1994 49.4% 73.5% 63.6% 123.5%
1993 50.9% 76.7% 60.4% 82.2%
1992 50.2% 75.6% 50.7% 79.9%
1991 49.6% 74.8% 52.1% 89.2%
1990 48.8% 75% 46.1% 80.4%
1989 54.5% 73.7% 51.7% 39.9%
1988 56.4% 73.7% 46.7% 41.3%
1987 58.5% 71.3% 49.7% 37%
1986 57% 68.9% 58% 31.5%
1985 57.3% 67.1% 53% 26.5%
1984 58.1% 61.9% 50.5% 15.3%
1983 59.1% 58.4% 47.9% 12.4%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/netherlands/seychelles | CC BY

In 2025, the Netherlands' government spending was $602B, accounting for 45.1% of its GDP, while the Seychelles spent $781M, or 32.7% of GDP.

Debt-to-GDP ratio is 43.3% in the Netherlands and 51.5% in the Seychelles, ranking 121/185 and 102/185, respectively.

Government deficit by year

Deficit/surplus
Netherlands

Seychelles
1x
Year Deficit/surplus, % of GDP
Netherlands Seychelles
2025 -1.84% -0.99%
2024 -0.94% -0.68%
2023 -0.37% -1.15%
2022 0.002% -0.77%
2021 -2.26% -5.76%
2020 -3.72% -15.7%
2019 1.91% 0.42%
2018 1.49% -0.8%
2017 1.35% -1.67%
2016 0.23% 0.02%
2015 -1.84% 1.39%
2014 -2.17% 2.87%
2013 -2.87% 0.33%
2012 -3.83% 2.93%
2011 -4.42% 3.36%
2010 -5.3% 0.52%
2009 -5.06% 4.84%
2008 -0.06% 7.88%
2007 -0.16% -9.93%
2006 0.04% -2.54%
2005 -0.51% 0.42%
2004 -1.82% 0.44%
2003 -3.19% 3.4%
2002 -2.23% -16.3%
2001 -0.47% -8.93%
2000 1.14% -14.7%
1999 0.28% -10.3%
1998 -1.34% -16.7%
1997 -1.6% -5.91%
1996 -1.91% -9.69%
1995 -8.72% -2.58%
1994 -3.53% -6.95%
1993 -3.13% -3.62%
1992 -3.12% 6.44%
1991 -2.05% 3.15%
1990 -4.08% 11.9%
1989 -5% 8.26%
1988 -4.23% 11.8%
1987 -5.39% 2.77%
1986 -4.62% -10.1%
1985 -3.6% -4.86%
1984 -5.25% -6.09%
1983 -5.47% -3.13%
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/netherlands/seychelles | CC BY

In 2025, the Netherlands' government deficit, the difference between spending and revenue, was $24.5B, equivalent to 1.84% of GDP. This compares to the Seychelles' deficit of $23.5M, or 0.99% of GDP.

Over the past 43 years, the Netherlands recorded a fiscal deficit in 35 of those years, while the Seychelles ran a deficit in 24 years. On average, the Netherlands posted an annual deficit equal to 2.32% of GDP, compared to deficit of 2.01% of GDP for the Seychelles.

Inflation comparison by year

Inflation
Netherlands

Seychelles
1x
Year Consumer prices inflation
Netherlands Seychelles
2025 3.26% 0.3%
2024 3.35% 0.31%
2023 3.84% -1.04%
2022 10% 2.63%
2021 2.68% 9.77%
2020 1.27% 1.2%
2019 2.63% 1.81%
2018 1.7% 3.7%
2017 1.38% 2.86%
2016 0.32% -1.02%
2015 0.6% 4.04%
2014 0.98% 1.39%
2013 2.51% 4.34%
2012 2.46% 7.11%
2011 2.34% 2.56%
2010 1.28% -2.4%
2009 1.19% 31.8%
2008 2.49% 37%
2007 1.61% 5.32%
2006 1.1% -0.35%
2005 1.69% 0.91%
2004 1.26% 3.86%
2003 2.09% 3.3%
2002 3.29% 0.18%
2001 4.16% 5.97%
2000 2.36% 6.27%
1999 2.16% 6.35%
1998 1.96% 2.58%
1997 2.11% 0.62%

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

GeoRank.org/economy/netherlands/seychelles | CC BY

Over the past 29 years, the Netherlands has recorded an average annual inflation rate of 2.35%, compared with 4.87% in the Seychelles. In 2025, inflation was 3.26% in the Netherlands and 0.3% in the Seychelles.

Top exports between countries

Netherlands
Export category Export value
Machinery & equipment $6.81M
Processed food, beverages & tobacco $4.6M
Raw agricultural goods $2.03M
Animal & marine products $1.51M
Miscellaneous $983K
Chemicals & pharma $892K
Metals $817K
Textiles & consumer goods $651K
Raw materials & minerals $301K
Wood & paper products $213K
Seychelles
Export category Export value
Processed food, beverages & tobacco $16M
Machinery & equipment $510K
Animal & marine products $85K
Textiles & consumer goods $13K
Metals $11K
Chemicals & pharma $4K

Balance of trade

Netherlands Seychelles
Current account balance
$111B
2024
-$166M
2024
Current account balance ranking
6/190
2024
90/190
2024
Current account balance, % of GDP
+9.14%
2024
-7.46%
2024
Goods imports
$606B
2024
$1.38B
2024
Goods exports
$693B
2024
$595M
2024
Service imports
$262B
2024
$1B
2024
Service exports
$308B
2024
$1.71B
2024
Imports of goods and services, % of GDP
69.5%
2025
92.7%
2025
Exports of goods and services, % of GDP
80.7%
2025
79.6%
2025

Economic freedom indices

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

Netherlands Seychelles
Economic freedom 78.5 66.5
Economic freedom ranking 11/197 60/197
Property rights 96 82.6
Government integrity 86.8 71.7
Judicial effectiveness 96.1 61.7
Tax burden 54 77.3
Government spending 42.2 68
Fiscal health 95.9 92.2
Business freedom 85 71.3
Labor freedom 59.3 52
Monetary freedom 77 79.8
Trade freedom 79.4 81.2
Investment freedom 90 30
Financial freedom 80 30

Economic freedom comparison by year

Netherlands
Seychelles
1x
Year Economic freedom index
Netherlands Seychelles
2026 78.5 66.5
2025 78.2 66.4
2024 77.3 60.4
2023 78 59.5
2022 79.5 61.1
2021 76.8 66.3
2020 77 64.3
2019 76.8 61.4
2018 76.2 61.6
2017 75.8 61.8
2016 74.6 62.2
2015 73.7 57.5
2014 74.2 56.2
2013 73.5 54.9
2012 73.3 53
2011 74.7 51.2
2010 75 47.9
2009 77 47.8
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 2026-07-08).

GeoRank.org/economy/netherlands/seychelles | CC BY

The Economic Freedom Index for the Netherlands is 78.5, ranking 11/197, compared to 66.5 for the Seychelles, ranking 60/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Netherlands Seychelles
Services, % of GDP
70.4%
2025
67.9%
2025
Industry, % of GDP
17.7%
2025
14.3%
2025
Agriculture, forestry, and fishing, % of GDP
1.68%
2025
2.61%
2025
GNI, Atlas method
$1.24T
2025
$2.36B
2025
GNI per capita, PPP
$85,480
2025
$34,930
2025
Total reserves including gold
$118B
2025
$774M
2024
Total reserves ranking
27/177
2025
146/177
2024
Net foreign direct investment
$11.1B
2024
-$268M
2024
Net inflows of foreign direct investment
-$17.1B
2024
$226M
2024
Net outflows of foreign direct investment
-$5.93B
2024
-$41.4M
2024
Poverty at national poverty lines
14.5%
2021
25.3%
2018
Gross capital formation, % of GDP
19.8%
2025
18.7%
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).

GeoRank.org/economy/netherlands/seychelles | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, 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.

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.