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Economy of Netherlands vs Zimbabwe compared: GDP & Debt

Updated on by Georank team

The Netherlands has a GDP of $1.21T compared to $41.5B for Zimbabwe, ranking 19/197 and 102/197 by economy size, respectively.

The Netherlands has $532B in government debt (43.8% of GDP), compared to $30.3B (73% of GDP) in Zimbabwe.

Netherlands vs Zimbabwe GDP by year

Netherlands
Zimbabwe
1x
Year GDP, current $
Netherlands Zimbabwe
2024 $1,214,927,698,573 $41,539,411,516
2023 $1,135,475,867,551 $35,871,779,681
2022 $1,046,540,797,549 $40,757,561,709
2021 $1,054,472,123,450 $41,287,673,690
2020 $932,560,861,701 $31,980,334,561
2019 $928,903,005,576 $33,357,695,635
2018 $929,733,599,797 $34,141,666,667
2017 $848,233,537,846 $51,035,657,371
2016 $797,163,949,290 $20,559,250,000
2015 $775,743,675,303 $19,973,250,000
2014 $901,556,501,756 $19,505,500,000
2013 $883,951,539,007 $19,100,750,000
2012 $845,689,017,066 $17,123,500,000
2011 $913,140,741,333 $14,109,000,000
2010 $852,464,982,433 $12,047,750,000
2009 $878,954,223,140 $9,670,750,000
2008 $957,901,566,041 $4,418,000,000
2007 $853,499,460,873 $5,294,750,000
2006 $737,593,995,289 $5,446,750,000
2005 $688,133,699,636 $5,758,250,000
2004 $661,224,886,143 $5,808,500,000
2003 $582,435,617,082 $5,730,500,000
2002 $475,529,972,123 $6,345,250,000
2001 $432,536,219,669 $6,780,750,000
2000 $417,649,282,154 $6,693,250,000
1999 $447,778,514,140 $6,861,500,000
1998 $438,612,530,549 $6,405,250,000
1997 $417,506,211,882 $8,534,000,000
1996 $451,372,549,020 $8,557,500,000
1995 $452,967,334,614 $7,115,000,000
1994 $379,688,232,232 $6,894,250,000
1993 $354,070,495,966 $6,567,250,000
1992 $363,497,050,125 $6,755,000,000
1991 $327,982,316,124 $8,646,000,000
1990 $318,799,003,994 $8,788,301,546
1989 $258,716,904,292 $8,290,553,535
1988 $262,295,966,105 $7,818,774,177
1987 $245,406,949,521 $6,744,657,033
1986 $201,157,708,221 $6,220,698,247
1985 $144,057,523,222 $5,640,137,575
1984 $144,124,462,912 $6,355,369,172
1983 $153,671,294,109 $7,768,031,182
1982 $158,712,765,536 $8,544,060,905
1981 $164,375,775,854 $8,015,464,252
1980 $195,439,301,707 $6,682,278,300
1979 $179,933,827,310 $5,180,102,910
1978 $156,089,077,205 $4,353,822,343
1977 $127,203,923,857 $4,366,610,469
1976 $109,329,386,564 $4,320,576,877
1975 $100,397,061,694 $4,373,532,601
1974 $87,371,810,804 $3,984,194,614
1973 $71,946,639,603 $3,311,043,292
1972 $54,787,070,173 $2,679,096,597
1971 $44,644,730,576 $2,179,828,710
1970 $38,220,884,519 $1,885,168,339
1969 $34,086,038,090 $1,748,891,294
1968 $30,097,635,751 $1,480,355,355
1967 $27,143,828,099 $1,397,715,282
1966 $24,741,480,717 $1,282,403,936
1965 $22,721,869,808 $1,312,105,394
1964 $20,232,048,553 $1,217,759,447
1963 $17,193,744,109 $1,160,103,724
1962 $15,847,582,341 $1,118,172,226
1961 $14,599,836,396 $1,097,206,526
1960 $13,282,979,015 $1,053,528,036

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

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

GDP per capita in Netherlands vs Zimbabwe by year

Netherlands
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Netherlands Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $67,520 $86,174 $2,497 $5,928
2023 $63,516 $81,729 $2,195 $5,791
2022 $59,123 $78,630 $2,536 $5,396
2021 $60,142 $68,574 $2,614 $4,827
2020 $53,468 $62,597 $2,060 $4,179
2019 $53,555 $62,345 $2,184 $4,166
2018 $53,955 $58,819 $2,271 $3,993
2017 $49,514 $56,038 $3,445 $10,756
2016 $46,809 $53,162 $1,408 $4,275
2015 $45,794 $50,957 $1,387 $4,046
2014 $53,457 $49,751 $1,373 $3,903
2013 $52,602 $49,622 $1,363 $3,784
2012 $50,474 $47,653 $1,239 $3,472
2011 $54,702 $47,004 $1,038 $3,047
2010 $51,306 $45,301 $902 $2,661
2009 $53,172 $44,959 $736 $2,233
2008 $58,247 $46,714 $341 $1,987
2007 $52,101 $44,203 $414 $2,396
2006 $45,124 $41,208 $431 $2,454
2005 $42,165 $37,778 $461 $2,496
2004 $40,611 $35,961 $470 $2,591
2003 $35,897 $34,286 $468 $2,708
2002 $29,447 $34,568 $525 $3,238
2001 $26,956 $33,259 $566 $3,533
2000 $26,225 $31,895 $563 $3,429
1999 $28,319 $29,316 $582 $3,491
1998 $27,924 $27,749 $552 $3,527
1997 $26,745 $26,062 $751 $3,457
1996 $29,064 $24,564 $767 $3,372
1995 $29,301 $23,480 $648 $3,051
1994 $24,683 $22,414 $634 $3,012
1993 $23,156 $21,443 $605 $2,703
1992 $23,939 $20,831 $631 $2,651
1991 $21,764 $20,177 $831 $2,930
1990 $21,322 $19,203 $867 $2,757
1989 $17,423 - $840 -
1988 $17,771 - $816 -
1987 $16,734 - $726 -
1986 $13,804 - $693 -
1985 $9,941 - $649 -
1984 $9,992 - $757 -
1983 $10,696 - $959 -
1982 $11,089 - $1,096 -
1981 $11,537 - $1,069 -
1980 $13,812 - $949 -
1979 $12,817 - $779 -
1978 $11,196 - $665 -
1977 $9,180 - $677 -
1976 $7,937 - $687 -
1975 $7,346 - $717 -
1974 $6,450 - $674 -
1973 $5,353 - $579 -
1972 $4,110 - $483 -
1971 $3,384 - $406 -
1970 $2,931 - $361 -
1969 $2,647 - $346 -
1968 $2,364 - $302 -
1967 $2,155 - $294.4 -
1966 $1,986 - $278.7 -
1965 $1,848 - $294.3 -
1964 $1,668 - $281.9 -
1963 $1,437 - $277.1 -
1962 $1,342 - $275.7 -
1961 $1,254 - $279.2 -
1960 $1,156 - $276.6 -

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

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

The Netherlands' GDP per capita is $67,520, ranking 13/197, compared to $2,497 in Zimbabwe, ranking 148/197. Adjusted for purchasing power (GDP per capita PPP), the Netherlands ranks 11th at $86,174, while Zimbabwe ranks 154th at $5,928.

Economic indicators

Netherlands Zimbabwe
Gross domestic product
$1.21T
2024
$41.5B
2024
GDP rank
19/197
2024
102/197
2024
GDP growth
1.08%
2023-2024
1.74%
2023-2024
GDP per capita
$67,520
2024
$2,497
2024
GDP per capita rank
13/197
2024
148/197
2024
GDP per capita, PPP
$86,174
2024
$5,928
2024
GDP per capita PPP rank
11/197
2024
154/197
2024
Government debt
$532B
2024
$30.3B
2024
Debt-to-GDP ratio
43.8%
2024
73%
2024
Government debt per person
$29,571
2024
$1,824
2024
Government debt per person rank
24/185
2024
121/185
2024
Average annual personal income after taxes
$47,815
2026
$2,897
2026
Market capitalization of domestic companies
$1.1T
2017
$2.46B
1999
Number of millionaires
1,267,000
2025
n/a
Number of billionaires
13
2025
1
2025
Income share by richest 10%
21.4%
2021
40.5%
2019
Income share by poorest 10%
3.6%
2021
1.9%
2019
Government expenditure, % of GDP
44.4%
2024
12.9%
2024
Consumer prices inflation
3.35%
2023-2024
736%
2023-2024
Central bank interest rate n/a
35%
2024
Unemployment rate
3.64%
2024
12.1%
2024
Population
18252623
17361868

Spending and national debt comparison by year

Netherlands
Spending

Debt
Zimbabwe
Spending

Debt
1x
Year % of GDP
Netherlands Zimbabwe
Government spending Government debt Government spending Government debt
2024 44.4% 43.8% 12.9% 73%
2023 44% 45.9% 15.5% 76.1%
2022 43.3% 48.4% 14.4% 66.8%
2021 45.9% 50.5% 12.8% 39.9%
2020 47.8% 53.4% 9.27% 56.8%
2019 42.1% 47.7% 9.36% 53.9%
2018 42.4% 51.6% 13.9% 33%
2017 42.8% 56% 19.8% 49%
2016 43.9% 60.9% 16.6% 35.1%
2015 45.3% 63.8% 14.7% 34.1%
2014 46.7% 67.2% 14.1% 29.2%
2013 47.5% 67.2% 14.7% 26.4%
2012 47.6% 65.7% 14.6% 27.2%
2011 47.8% 61.2% 16.2% 30%
2010 48.9% 58.9% 12.8% 33.2%
2009 48.4% 56.3% 7.93% 39.7%
2008 44.3% 54.4% 2.54% 41.3%
2007 43.3% 42.7% 3.43% 30.2%
2006 44% 45% 5.72% 26.7%
2005 43.4% 49.6% 10.5% 22.4%
2004 44.7% 50.1% - -
2003 45.8% 49.8% - -
2002 44.8% 48.7% - -
2001 44.1% 49.4% - -
2000 43.2% 52.2% - -
1999 44.3% 58.6% - -
1998 44.6% 62.7% - -
1997 45.7% 65.7% - -
1996 47.3% 71.2% - -
1995 53.9% 73% - -
1994 49.4% 73.5% - -
1993 50.9% 76.7% - -
1992 50.2% 75.6% - -
1991 49.6% 74.8% - -
1990 48.8% 75% - -
1989 54.5% 73.7% - -
1988 56.4% 73.7% - -
1987 58.5% 71.3% - -
1986 57% 68.9% - -
1985 57.3% 67.1% - -
1984 58.1% 61.9% - -
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/zimbabwe | CC BY

In 2024, the Netherlands' government spending was $540B, accounting for 44.4% of its GDP, while Zimbabwe spent $5.37B, or 12.9% of GDP.

Debt-to-GDP ratio is 43.8% in the Netherlands and 73% in Zimbabwe, ranking 123/185 and 50/185, respectively.

Government deficit by year

Deficit/surplus
Netherlands

Zimbabwe
1x
Year Deficit/surplus, % of GDP
Netherlands Zimbabwe
2024 -0.94% -1.06%
2023 -0.37% -3.9%
2022 0.002% -3.3%
2021 -2.26% -2.24%
2020 -3.72% -0.34%
2019 1.91% -1.72%
2018 1.49% -3.81%
2017 1.35% -7.37%
2016 0.23% -4.63%
2015 -1.84% -1.45%
2014 -2.17% -0.71%
2013 -2.87% -0.69%
2012 -3.83% -0.13%
2011 -4.42% -1.72%
2010 -5.3% -0.11%
2009 -5.06% -1.39%
2008 -0.06% -1.2%
2007 -0.16% -1.67%
2006 0.04% -1.4%
2005 -0.51% -3.46%
2004 -1.82% -
2003 -3.19% -
2002 -2.23% -
2001 -0.47% -
2000 1.14% -
1999 0.28% -
1998 -1.34% -
1997 -1.6% -
1996 -1.91% -
1995 -8.72% -
1994 -3.53% -
1993 -3.13% -
1992 -3.12% -
1991 -2.05% -
1990 -4.08% -
1989 -5% -
1988 -4.23% -
1987 -5.39% -
1986 -4.62% -
1985 -3.6% -
1984 -5.25% -
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/zimbabwe | 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 Zimbabwe's deficit of $438M, or 1.06% of GDP.

Over the past 20 years, the Netherlands recorded a fiscal deficit in 14 of those years, while Zimbabwe ran a deficit in 20 years. On average, the Netherlands posted an annual deficit equal to 1.43% of GDP, compared to deficit of 2.11% of GDP for Zimbabwe.

Inflation comparison by year

Inflation
Netherlands

Zimbabwe
1x
Year Consumer prices inflation
Netherlands Zimbabwe
2024 3.35% 736%
2023 3.84% 667%
2022 10% 193.4%
2021 2.68% 98.5%
2020 1.27% 557%
2019 2.63% 255.3%
2018 1.7% 10.6%
2017 1.38% 0.9%
2016 0.32% -1.6%
2015 0.6% -2.4%
2014 0.98% -0.2%
2013 2.51% 1.6%
2012 2.46% 3.7%
2011 2.34% 3.5%
2010 1.28% 3%
2009 1.19% 6.2%
2008 2.49% 157%
2007 1.61% -72.7%
2006 1.1% 33%
2005 1.69% -31.5%
2004 1.26% 113.6%
2003 2.09% -8.6%
2002 3.29% -34.4%
2001 4.16% -37.2%
2000 2.36% 4.5%
1999 2.16% -13.4%
1998 1.96% -28%
1997 2.11% -1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Netherlands has recorded an average annual inflation rate of 2.31%, compared with 93.4% in Zimbabwe. In 2024, inflation was 3.35% in the Netherlands and 736% in Zimbabwe.

Top exports between countries

Netherlands
Export category Export value
Machinery & equipment $9.49M
Chemicals & pharma $6.25M
Animal & marine products $5.44M
Raw agricultural goods $2.83M
Processed food, beverages & tobacco $1.01M
Textiles & consumer goods $394K
Metals $374K
Raw materials & minerals $139K
Wood & paper products $94K
Miscellaneous $80K
Zimbabwe
Export category Export value
Metals $73.8M
Raw agricultural goods $3.48M
Processed food, beverages & tobacco $1.89M
Animal & marine products $855K
Machinery & equipment $69K
Raw materials & minerals $65K
Textiles & consumer goods $25K
Precious metals & jewellery $2K

Balance of trade

Netherlands Zimbabwe
Current account balance
$111B
2024
$501M
2024
Current account balance ranking
5/190
2024
62/190
2024
Current account balance, % of GDP
+9.13%
2024
+1.21%
2024
Goods imports
$606B
2024
$9.06B
2024
Goods exports
$693B
2024
$7.79B
2024
Service imports
$262B
2024
$1.66B
2024
Service exports
$308B
2024
$457M
2024
Imports of goods and services, % of GDP
71.4%
2024
23.4%
2024
Exports of goods and services, % of GDP
82.4%
2024
18%
2024

Economic freedom indices

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

Netherlands Zimbabwe
Economic freedom 78.5 35.2
Economic freedom ranking 11/197 190/197
Property rights 96 19.4
Government integrity 86.8 20.7
Judicial effectiveness 96.1 16.8
Tax burden 54 73.6
Government spending 42.2 93.9
Fiscal health 95.9 52.4
Business freedom 85 42
Labor freedom 59.3 33.3
Monetary freedom 77 0
Trade freedom 79.4 50.4
Investment freedom 90 10
Financial freedom 80 10

Economic freedom comparison by year

Netherlands
Zimbabwe
1x
Year Economic freedom index
Netherlands Zimbabwe
2026 78.5 35.2
2025 78.2 35.1
2024 77.3 38.2
2023 78 39
2022 79.5 33.1
2021 76.8 39.5
2020 77 43.1
2019 76.8 40.4
2018 76.2 44
2017 75.8 44
2016 74.6 38.2
2015 73.7 37.6
2014 74.2 35.5
2013 73.5 28.6
2012 73.3 26.3
2011 74.7 22.1
2010 75 21.4
2009 77 22.7
2008 77.4 29.5
2007 75.5 32
2006 75.4 33.5
2005 72.9 35.2
2004 74.5 34.4
2003 74.6 36.7
2002 75.1 36.7
2001 73 38.8
2000 70.4 48.7
1999 70.2 47.2
1998 69.2 44.6
1997 70.4 48
1996 69.7 46.7
1995 - 48.5

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

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

The Economic Freedom Index for the Netherlands is 78.5, ranking 11/197, compared to 35.2 for Zimbabwe, ranking 190/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Netherlands Zimbabwe
Services, % of GDP
70.5%
2024
50.6%
2024
Industry, % of GDP
17.5%
2024
35%
2024
Agriculture, forestry, and fishing, % of GDP
1.73%
2024
8.69%
2024
GNI, Atlas method
$1.12T
2024
$39.9B
2024
GNI per capita, PPP
$84,970
2024
$5,870
2024
Total reserves including gold
$79.1B
2024
$485M
2024
Total reserves ranking
34/177
2024
157/177
2024
Net foreign direct investment
$11.1B
2024
-$465M
2024
Net inflows of foreign direct investment
-$17.1B
2024
$465M
2024
Net outflows of foreign direct investment
-$5.93B
2024
$131M
2024
Servicing debt to the IMF, % of GNI n/a
3.44%
2024
Poverty at national poverty lines
14.5%
2021
38.3%
2019
Gross capital formation, % of GDP
19.7%
2024
8.85%
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/netherlands/zimbabwe | 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 (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.