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Economy of Peru vs South Africa compared: GDP & Debt

Updated on by Georank

Peru has a GDP of $335B compared to $427B for South Africa, ranking 47/197 and 40/197 by economy size, respectively.

Peru has $101B in government debt (30.2% of GDP), compared to $336B (78.6% of GDP) in South Africa.

Peru vs South Africa GDP by year

Peru
South Africa
1x
Year GDP, current $
Peru South Africa
2025 $334,854,659,182 $427,184,325,997
2024 $291,751,523,019 $401,144,998,374
2023 $268,025,009,709 $381,440,724,491
2022 $246,169,867,863 $407,596,043,068
2021 $226,406,075,009 $419,986,284,375
2020 $201,409,694,756 $337,974,655,408
2019 $228,346,006,004 $389,330,032,224
2018 $222,597,009,739 $405,260,723,893
2017 $211,007,984,081 $381,448,814,653
2016 $191,898,104,390 $323,585,509,674
2015 $189,802,976,286 $346,709,790,459
2014 $200,786,250,583 $381,198,869,776
2013 $201,175,543,571 $400,886,013,596
2012 $192,650,021,649 $434,400,545,086
2011 $171,761,737,047 $458,199,494,831
2010 $147,527,631,521 $417,363,822,802
2009 $120,822,986,521 $329,754,060,647
2008 $120,550,599,815 $316,131,258,616
2007 $102,170,981,144 $333,077,117,254
2006 $88,643,193,062 $303,858,675,364
2005 $76,060,606,061 $288,867,217,197
2004 $66,768,703,498 $255,806,908,595
2003 $58,731,030,122 $197,018,965,309
2002 $54,777,553,515 $129,087,556,612
2001 $52,030,158,775 $135,429,905,923
2000 $51,744,749,133 $151,752,757,215
1999 $50,187,324,568 $151,516,957,079
1998 $55,501,467,877 $152,982,984,557
1997 $58,147,522,523 $168,978,057,328
1996 $55,252,414,130 $163,234,925,381
1995 $53,312,793,687 $171,735,933,897
1994 $44,882,079,767 $153,512,712,382
1993 $34,832,077,221 $147,194,747,566
1992 $35,966,302,303 $146,956,150,987
1991 $34,341,465,998 $135,203,698,238
1990 $26,410,386,963 $126,048,140,142
1989 $22,499,558,526 $108,055,624,082
1988 $15,439,408,447 $103,976,831,871
1987 $36,889,706,593 $96,535,763,418
1986 $21,859,448,586 $73,354,771,399
1985 $15,078,736,875 $64,459,376,087
1984 $17,600,400,385 $84,870,163,366
1983 $17,345,260,564 $96,204,110,942
1982 $21,794,535,621 $85,904,057,409
1981 $21,648,214,893 $93,141,472,164
1980 $18,136,838,538 $89,411,864,402
1979 $15,954,012,439 $63,038,658,089
1978 $12,491,876,743 $51,607,412,902
1977 $14,544,913,961 $45,328,411,332
1976 $16,131,958,851 $41,150,460,288
1975 $16,931,162,355 $42,906,905,672
1974 $13,858,441,211 $41,389,186,095
1973 $10,994,381,895 $33,262,772,008
1972 $9,189,413,409 $24,515,919,217
1971 $8,289,582,884 $23,411,076,638
1970 $7,432,223,177 $21,218,391,513
1969 $6,420,909,790 $19,256,992,297
1968 $5,736,083,835 $17,124,793,150
1967 $6,194,340,080 $15,821,393,671
1966 $6,109,048,737 $14,211,394,315
1965 $5,163,008,077 $13,068,994,772
1964 $4,353,664,867 $11,955,995,218
1963 $3,598,272,493 $10,854,195,658
1962 $3,284,322,201 $9,813,996,074
1961 $2,897,852,693 $9,225,996,310
1960 $2,571,986,572 $8,748,596,501

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

GeoRank.org/economy/peru/south-africa | CC BY

GDP per capita in Peru vs South Africa by year

Peru
GDP per capita

GDP per capita, PPP
South Africa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Peru South Africa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $9,684 - $6,598 -
2024 $8,526 $17,802 $6,267 $15,456
2023 $7,919 $17,011 $6,034 $15,200
2022 $7,354 $16,669 $6,534 $14,749
2021 $6,829 $15,281 $6,829 $13,682
2020 $6,133 $12,563 $5,581 $12,671
2019 $7,037 $13,564 $6,534 $13,361
2018 $6,978 $13,078 $6,914 $13,347
2017 $6,736 $12,592 $6,618 $13,738
2016 $6,217 $12,067 $5,651 $13,519
2015 $6,232 $11,600 $6,112 $13,398
2014 $6,667 $11,518 $6,857 $13,359
2013 $6,747 $11,291 $7,332 $13,369
2012 $6,519 $10,757 $8,077 $12,987
2011 $5,861 $10,463 $8,646 $13,143
2010 $5,072 $9,713 $7,973 $12,637
2009 $4,181 $8,917 $6,375 $12,261
2008 $4,198 $8,820 $6,185 $12,525
2007 $3,581 $7,982 $6,592 $12,047
2006 $3,130 $7,214 $6,077 $11,250
2005 $2,707 $6,560 $5,837 $10,441
2004 $2,397 $6,038 $5,221 $9,714
2003 $2,129 $5,657 $4,062 $9,139
2002 $2,007 $5,383 $2,688 $8,792
2001 $1,930 $5,086 $2,847 $8,428
2000 $1,945 $5,012 $3,218 $8,095
1999 $1,917 $4,847 $3,242 $7,667
1998 $2,156 $4,791 $3,310 $7,463
1997 $2,301 $4,844 $3,700 $7,433
1996 $2,227 $4,556 $3,618 $7,208
1995 $2,190 $4,435 $3,856 $6,875
1994 $1,879 $4,123 $3,489 $6,611
1993 $1,488 $3,666 $3,400 $6,375
1992 $1,567 $3,472 $3,462 $6,275
1991 $1,527 $3,484 $3,243 $6,383
1990 $1,200 $3,367 $3,093 $6,382
1989 $1,045 - $2,727 -
1988 $733 - $2,702 -
1987 $1,792 - $2,586 -
1986 $1,087 - $2,027 -
1985 $767 - $1,839 -
1984 $918 - $2,504 -
1983 $927 - $2,938 -
1982 $1,194 - $2,717 -
1981 $1,216 - $3,050 -
1980 $1,045 - $3,029 -
1979 $942 - $2,202 -
1978 $756 - $1,852 -
1977 $903 - $1,671 -
1976 $1,026 - $1,559 -
1975 $1,104 - $1,670 -
1974 $927 - $1,656 -
1973 $754 - $1,369 -
1972 $647 - $1,038 -
1971 $599 - $1,020 -
1970 $550 - $952 -
1969 $488 - $891 -
1968 $448 - $817 -
1967 $498 - $779 -
1966 $505 - $722 -
1965 $439 - $685 -
1964 $381 - $646 -
1963 $324 - $605 -
1962 $305 - $563 -
1961 $276.6 - $546 -
1960 $252.8 - $532 -

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

GeoRank.org/economy/peru/south-africa | CC BY

Peru's GDP per capita is $9,684, ranking 90/197, compared to $6,598 in South Africa, ranking 109/197. Adjusted for purchasing power (GDP per capita PPP), Peru ranks 104th at $17,802, while South Africa ranks 112th at $15,456.

Economic indicators

Peru South Africa
Gross domestic product
$335B
2025
$427B
2025
GDP rank
47/197
2025
40/197
2025
GDP growth
3.43%
2024-2025
1.11%
2024-2025
GDP per capita
$9,684
2025
$6,598
2025
GDP per capita rank
90/197
2025
109/197
2025
GDP per capita, PPP
$17,802
2024
$15,456
2024
GDP per capita PPP rank
104/197
2024
112/197
2024
Government debt
$101B
2025
$336B
2025
Debt-to-GDP ratio
30.2%
2025
78.6%
2025
Government debt per person
$2,927
2025
$5,189
2025
Government debt per person rank
107/185
2025
84/185
2025
Average annual personal income after taxes
$7,143
2026
$4,738
2026
Market capitalization of domestic companies
$105B
2025
$1.4T
2025
Number of millionaires n/a
97,000
2026
Number of billionaires n/a
7
2026
Income share by richest 10%
30.3%
2024
42.1%
2022
Income share by poorest 10%
2%
2024
1.4%
2022
Government expenditure, % of GDP
21.4%
2025
34.2%
2025
Consumer prices inflation
1.53%
2024-2025
3.21%
2024-2025
Central bank interest rate
4.25%
2025
7%
2026
Unemployment rate
4.32%
2025
32.3%
2024
Population
35105331
65829368

Spending and national debt comparison by year

Peru
Spending

Debt
South Africa
Spending

Debt
1x
Year % of GDP
Peru South Africa
Government spending Government debt Government spending Government debt
2025 21.4% 30.2% 34.2% 78.6%
2024 22.2% 32.1% 33% 76%
2023 22.1% 32.4% 32.5% 73.2%
2022 23.1% 33.5% 31.9% 70.7%
2021 23.1% 35.5% 32.7% 68.8%
2020 25.7% 34.3% 34.6% 68.9%
2019 20.8% 26.5% 31.4% 56.1%
2018 21% 25.7% 30.2% 51.5%
2017 20.6% 24.8% 29.9% 48.6%
2016 20.5% 23.9% 29.9% 47.1%
2015 22% 23.7% 30.2% 45.2%
2014 22.4% 20.5% 29.3% 43.3%
2013 21.5% 19.9% 28.9% 40.4%
2012 20.3% 20.7% 28.6% 37.4%
2011 19.8% 23.1% 28.1% 34.7%
2010 21% 25.1% 28.3% 31.2%
2009 21.3% 28.2% 28.5% 27%
2008 19.9% 28.1% 26% 24%
2007 18.6% 31.9% 24.4% 24.3%
2006 19.2% 34.9% 24.7% 28%
2005 20.4% 40.4% 25.1% 29.6%
2004 19.6% 46.7% 22.7% 30.7%
2003 20.1% 49.4% 22.6% 31.5%
2002 19.6% 45.5% 22.2% 31.8%
2001 20.9% 43.8% 22.6% 38%
2000 21.7% 44.9% 22.6% 37.9%
1999 17.8% 41.1% 26.7% 45.9%
1998 16.3% 36.8% 27.1% 45.8%
1997 15.6% 34.5% 27.9% 45.8%
1996 16.5% 37.4% 28.5% 44.3%
1995 17.5% 36.8% 27.2% 47%
1994 16.9% 41.9% 31.3% 46.4%
1993 18.2% 49.9% 29.1% 39.8%
1992 19.1% 46.8% 29.8% 34.8%
1991 15.7% 48.3% 27.8% 34.7%
1990 20.4% 56.3% 28.7% 31.8%
1989 12.1% 34.9% 29.6% 33.3%
1988 12.8% 42.8% 23.9% 30.6%
1987 15.5% 39.1% 28% 33.5%
1986 16.6% 48.6% 27.8% 32.5%
1985 17.2% 63.4% 26.8% 26.3%
1984 18.3% 56.7% 25.2% 23.2%
1983 19.4% 56.2% 25.1% 28.7%
1982 17.6% 34.2% 23.8% 31.3%
1981 18.4% 30.6% 23.3% 27.4%
1980 19.3% 36.3% 21.8% 33.3%
1979 16.4% 45.9% 26.5% 41.9%
1978 19% 56% 26.8% 44.7%
1977 19.4% 44.8% 27.3% 45.3%
1976 21.1% 34.5% 23% 35%
1975 19.8% 27% 21.2% 32.8%
1974 17.7% 24% 19.1% 33.7%
1973 19.5% 22.6% 21% 38.2%
1972 15.3% 20.6% 22.9% 41.1%
1971 15% 19% 19.9% 41.1%
1970 14.3% 20% 20% 43.3%
1969 16.4% - 18.8% 44.4%
1968 18.4% 15.2% 19.4% 42.7%
1967 19.1% 12.1% 18.8% 41.1%
1966 18.6% 17% 18.3% 41.4%
1965 18.7% 14.5% 18.2% 42.7%
1964 16.9% 14.1% 11.3% 30%
1963 16.2% - 15.9% 43.4%
1962 14.6% - 15.9% 45.7%
1961 14.8% 16% 15.7% 52.8%
1960 13.3% - 16.7% 52.9%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08).

GeoRank.org/economy/peru/south-africa | CC BY

In 2025, Peru's government spending was $71.7B, accounting for 21.4% of its GDP, while South Africa spent $146B, or 34.2% of GDP.

Debt-to-GDP ratio is 30.2% in Peru and 78.6% in South Africa, ranking 154/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Peru

South Africa
1x
Year Deficit/surplus, % of GDP
Peru South Africa
2025 -2.36% -5.78%
2024 -3.53% -5.67%
2023 -2.74% -5.6%
2022 -1.38% -4.25%
2021 -2.49% -5.54%
2020 -8.19% -9.62%
2019 -1.37% -5.07%
2018 -1.94% -3.73%
2017 -2.79% -4.02%
2016 -2.12% -3.72%
2015 -2.02% -4.37%
2014 -0.19% -3.93%
2013 0.75% -3.9%
2012 2.07% -4.04%
2011 2.05% -3.7%
2010 -0.02% -4.51%
2009 -1.48% -4.67%
2008 2.48% -0.49%
2007 3.35% 1.22%
2006 2.03% 0.81%
2005 -0.44% -0.1%
2004 -1.03% -1.04%
2003 -1.62% -1.59%
2002 -1.4% -0.96%
2001 -2.15% -1.02%
2000 -2.12% -1.38%
1999 -2.93% -2.21%
1998 -0.2% -2.56%
1997 0.47% -4.08%
1996 -0.25% -4.53%
1995 -2.05% -4.38%
1994 -1.9% -8.09%
1993 -2.82% -8.54%
1992 -3.55% -7.09%
1991 -1.98% -4.85%
1990 -7.99% -3.82%
1989 -1.3% -8.3%
1988 -3.57% -3.29%
1987 -6.26% -6.36%
1986 -4.08% -5.69%
1985 -2.41% -4.86%
1984 -4.45% -5.24%
1983 -7.52% -5.3%
1982 -3.22% -3.88%
1981 -3.98% -3.72%
1980 -2.36% -1.91%
1979 -0.54% -4.65%
1978 -5.07% -5.42%
1977 -6.52% -5.52%
1976 -8.37% -4.19%
1975 -6.54% -2.62%
1974 -4.47% -1.5%
1973 -6.68% -4.54%
1972 -2.04% -5.39%
1971 -1.89% -1.96%
1970 -0.42% -3.19%
1969 -1.1% -3.94%
1968 -3.28% -3.38%
1967 -3.76% -3.8%
1966 -5.41% -3.04%
1965 -4.79% -3.15%
1964 -3.37% -1.19%
1963 -1.86% -2.26%
1962 2.16% -1.4%
1961 2.46% -3.25%
1960 3.32% -2.36%
1959 -1.46% -4.4%
1958 -2.63% -3.5%
1957 -2.23% -2.8%
1956 -0.93% -2.12%
1955 0.06% -2.9%
1954 -0.66% -2.53%
1953 -2.35% -3.72%
1952 0.04% -4.14%
1951 0.61% -0.4%
1950 0.08% -2.33%
1949 0.26% -6.87%
1948 -0.84% -6.03%
1947 -0.54% -1.82%
1946 -1.39% -4.03%
1945 0% -7.41%
1944 0% -8.94%
1943 0.18% -8.49%
1942 -2.38% -9.08%
1941 -1.76% -7.3%
1940 0.27% -10.9%
1939 -1.01% -2.96%
1938 -1.57% -3.91%
1937 0.18% -2.16%
1936 0.18% -2.58%
1935 0.09% -3.2%
1934 0.11% -3.29%
1933 0.02% -3.31%
1932 -0.57% -4.72%
1931 -0.28% -5.31%
1930 -0.67% -5.19%
1929 0.008% -4.41%
1928 -1.88% -3.29%
1927 0% -3.79%
1926 -1.84% -4.76%
1925 -1.69% -4.92%
1924 -1.31% -4.72%
1923 -0.85% -5.53%
1922 -1.24% -4.51%
1921 -1.53% -5.38%
1920 -0.4% -5.52%
1919 -0.26% -2.6%
1918 -0.34% -3.7%
1917 -0.25% -3.52%
1916 0.27% -2.57%
1915 -0.74% -10.7%
1914 -1.59% -11.6%
1913 -3.04% -4.15%
1912 -0.45% -
1911 0.32% -
1910 0.16% -
1909 -0.33% -
1908 -0.18% -
1907 0.18% -
1906 0.38% -
1905 0.2% -
1904 0.22% -
1903 0.24% -
1902 0.26% -
1901 0.26% -
1900 0% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08).

GeoRank.org/economy/peru/south-africa | CC BY

In 2025, Peru's government deficit, the difference between spending and revenue, was $7.9B, equivalent to 2.36% of GDP. This compares to South Africa's deficit of $24.7B, or 5.78% of GDP.

Over the past 66 years, Peru recorded a fiscal deficit in 56 of those years, while South Africa ran a deficit in 64 years. On average, Peru posted an annual deficit equal to 2.26% of GDP, compared to deficit of 3.82% of GDP for South Africa.

Inflation comparison by year

Inflation
Peru

South Africa
1x
Year Consumer prices inflation
Peru South Africa
2025 1.53% 3.21%
2024 2.01% 4.36%
2023 6.46% 6.08%
2022 8.33% 7.04%
2021 4.27% 4.62%
2020 2% 3.23%
2019 2.25% 4.1%
2018 1.51% 4.51%
2017 2.99% 5.19%
2016 3.56% 6.6%
2015 3.4% 4.52%
2014 3.41% 6.13%
2013 2.77% 5.78%
2012 3.61% 5.74%
2011 3.37% 5%
2010 1.53% 4.07%
2009 2.94% 7.24%
2008 5.79% 9.91%
2007 1.78% 6.18%
2006 2% 3.24%
2005 1.62% 2.06%
2004 3.66% -0.69%
2003 2.26% 5.68%
2002 0.19% 9.49%
2001 1.98% 5.7%
2000 3.76% 5.34%
1999 3.47% 5.18%
1998 7.25% 6.88%
1997 8.56% 8.6%

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

GeoRank.org/economy/peru/south-africa | CC BY

Over the past 29 years, Peru has recorded an average annual inflation rate of 3.39%, compared with 5.34% in South Africa. In 2025, inflation was 1.53% in Peru and 3.21% in South Africa.

Top exports between countries

Peru
Export category Export value
Metals $23.5M
Machinery & equipment $9.66M
Raw materials & minerals $7.14M
Precious metals & jewellery $2.9M
Animal & marine products $2.85M
Raw agricultural goods $2.14M
Chemicals & pharma $1.32M
Textiles & consumer goods $1.29M
Processed food, beverages & tobacco $1.28M
Wood & paper products $594K
South Africa
Export category Export value
Machinery & equipment $21M
Wood & paper products $16M
Chemicals & pharma $10.3M
Metals $3.79M
Raw agricultural goods $2.69M
Raw materials & minerals $2.37M
Textiles & consumer goods $1.4M
Processed food, beverages & tobacco $785K
Weapons & explosives $419K
Animal & marine products $230K

Balance of trade

Peru South Africa
Current account balance
$12B
2025
-$1.81B
2025
Current account balance ranking
23/190
2025
135/190
2025
Current account balance, % of GDP
+3.58%
2025
-0.42%
2025
Goods imports
$58.6B
2025
$104B
2025
Goods exports
$94B
2025
$116B
2025
Service imports
$15.9B
2025
$21.8B
2025
Service exports
$7.64B
2025
$18.1B
2025
Imports of goods and services, % of GDP
21.8%
2025
29.5%
2025
Exports of goods and services, % of GDP
30%
2025
31.4%
2025

Economic freedom indices

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

Peru South Africa
Economic freedom 66.3 58.6
Economic freedom ranking 62/197 110/197
Property rights 44 48.8
Government integrity 35 46.7
Judicial effectiveness 47.8 64.6
Tax burden 79.4 65.4
Government spending 84.8 68.4
Fiscal health 87.4 45.3
Business freedom 73.1 67.9
Labor freedom 64.7 70.8
Monetary freedom 77.6 75.8
Trade freedom 81.6 68.8
Investment freedom 60 40
Financial freedom 60 40

Economic freedom comparison by year

Peru
South Africa
1x
Year Economic freedom index
Peru South Africa
2026 66.3 58.6
2025 65.9 57.3
2024 64.8 55.3
2023 66.5 55.7
2022 66.5 56.2
2021 67.7 59.7
2020 67.9 58.8
2019 67.8 58.3
2018 68.7 63
2017 68.9 62.3
2016 67.4 61.9
2015 67.7 62.6
2014 67.4 62.5
2013 68.2 61.8
2012 68.7 62.7
2011 68.6 62.7
2010 67.6 62.8
2009 64.6 63.8
2008 63.8 63.4
2007 62.7 63.5
2006 60.5 63.7
2005 61.3 62.9
2004 64.7 66.3
2003 64.6 67.1
2002 64.8 64
2001 69.6 63.8
2000 68.7 63.7
1999 69.2 63.3
1998 65 64.3
1997 63.8 63.2
1996 62.5 62.5
1995 56.9 60.7

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

GeoRank.org/economy/peru/south-africa | CC BY

The Economic Freedom Index for Peru is 66.3, ranking 62/197, compared to 58.6 for South Africa, ranking 110/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Peru South Africa
Services, % of GDP
50.9%
2024
63.1%
2025
Industry, % of GDP
34.3%
2024
24.1%
2025
Agriculture, forestry, and fishing, % of GDP
7.47%
2024
2.83%
2025
GNI, Atlas method
$291B
2025
$406B
2025
GNI per capita, PPP
$17,540
2025
$15,600
2025
Total reserves including gold
$90.4B
2025
$76B
2025
Total reserves ranking
32/177
2025
35/177
2025
Net foreign direct investment
-$8.93B
2025
-$1.85B
2025
Net inflows of foreign direct investment
$6.7B
2024
$2.33B
2024
Net outflows of foreign direct investment
$1.14B
2024
-$1.26B
2024
Servicing debt to the IMF, % of GNI
5.54%
2024
5.74%
2024
Poverty at national poverty lines
27.6%
2024
37.9%
2022
Gross capital formation, % of GDP
20.3%
2025
13.9%
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/peru/south-africa | CC BY

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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 (1900–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, 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 (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.

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.