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Economy of Spain vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Spain has a GDP of $1.72T compared to $14.2B for Tajikistan, ranking 14/197 and 145/197 by economy size, respectively.

Spain has $1.75T in government debt (100.6% of GDP), compared to $4.2B (28.4% of GDP) in Tajikistan.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Spain
GDP, current $

GDP, constant 2015 $
Tajikistan
GDP, current $

GDP, constant 2015 $
Year GDP
Spain Tajikistan
Current $ Constant $ Current $ Constant $
1960 $12,424,514,014 $191,405,167,020 - -
1961 $14,238,126,760 $214,065,001,135 - -
1962 $16,609,632,791 $235,371,828,523 - -
1963 $19,631,714,760 $257,959,283,398 - -
1964 $21,966,876,027 $271,653,078,386 - -
1965 $25,479,619,607 $288,639,911,835 - -
1966 $29,559,436,183 $309,554,933,924 - -
1967 $32,570,905,397 $322,990,665,643 - -
1968 $32,394,326,464 $344,298,424,898 - -
1969 $37,090,689,288 $374,965,139,160 - -
1970 $40,963,715,237 $390,882,299,705 - -
1971 $46,586,119,760 $409,056,269,215 - -
1972 $59,090,176,029 $442,393,315,596 - -
1973 $78,583,355,226 $476,848,965,658 - -
1974 $97,204,522,642 $503,642,086,899 - -
1975 $114,695,060,870 $506,372,851,132 - -
1976 $118,422,534,195 $523,102,353,883 - -
1977 $132,354,665,936 $537,951,003,183 - -
1978 $160,484,969,618 $545,821,244,290 - -
1979 $214,448,666,336 $546,048,014,004 - -
1980 $232,600,556,974 $558,108,729,943 - -
1981 $202,663,023,968 $557,369,411,138 - -
1982 $195,856,752,991 $564,316,807,889 - -
1983 $170,829,074,246 $574,305,868,927 - -
1984 $171,979,977,230 $584,555,434,060 - -
1985 $180,664,322,896 $598,125,512,979 - $6,548,213,772
1986 $251,141,555,186 $617,584,460,037 - $6,777,401,246
1987 $318,520,253,335 $651,842,628,032 - $6,696,072,428
1988 $375,891,716,898 $685,049,604,315 - $7,626,826,568
1989 $414,460,794,097 $718,117,156,374 - $7,131,082,791
1990 $536,175,326,477 $745,271,992,216 $2,629,395,066 $7,088,296,320
1991 $576,753,902,322 $764,246,620,838 $2,536,585,366 $6,585,027,346
1992 $630,465,353,486 $771,348,118,767 $1,908,554,572 $4,675,369,346
1993 $524,700,572,624 $763,391,725,887 $1,646,623,195 $3,908,608,781
1994 $530,183,651,720 $781,584,842,223 $1,522,001,206 $3,076,075,188
1995 $614,170,002,669 $803,136,997,375 $1,231,561,860 $2,694,139,780
1996 $642,251,412,058 $824,078,081,164 $1,043,654,822 $2,244,218,479
1997 $589,739,772,727 $853,640,231,891 $921,518,033 $2,281,936,479
1998 $618,731,484,575 $890,363,642,200 $1,320,199,582 $2,403,172,744
1999 $634,394,904,387 $929,618,577,228 $1,086,612,290 $2,492,079,339
2000 $598,102,854,756 $977,964,704,474 $860,541,842 $2,699,528,109
2001 $627,798,682,379 $1,016,292,009,754 $1,080,772,551 $2,958,165,475
2002 $708,938,227,244 $1,044,295,490,090 $1,221,106,220 $3,277,647,458
2003 $907,963,217,058 $1,074,990,358,774 $1,555,318,261 $3,638,188,648
2004 $1,069,829,382,515 $1,108,471,271,904 $2,076,176,869 $4,012,922,040
2005 $1,154,667,551,776 $1,147,835,587,310 $2,312,352,021 $4,281,787,757
2006 $1,261,846,683,275 $1,194,247,574,981 $2,830,213,849 $4,581,513,037
2007 $1,476,746,276,855 $1,236,446,314,615 $3,719,524,541 $4,938,871,060
2008 $1,636,115,447,613 $1,245,931,907,237 $5,161,299,725 $5,329,041,788
2009 $1,496,587,590,848 $1,198,983,535,018 $4,979,472,364 $5,536,874,479
2010 $1,427,989,078,917 $1,200,112,046,038 $5,642,221,099 $5,896,771,270
2011 $1,487,568,659,241 $1,192,432,281,394 $6,522,756,255 $6,333,132,379
2012 $1,330,994,811,670 $1,158,267,740,899 $7,633,036,903 $6,808,117,273
2013 $1,362,186,923,158 $1,141,735,527,746 $8,448,411,318 $7,311,917,934
2014 $1,380,244,561,362 $1,159,095,455,877 $9,112,605,459 $7,801,816,486
2015 $1,206,164,777,553 $1,206,164,777,553 $8,271,431,485 $8,271,431,485
2016 $1,243,015,667,917 $1,241,326,362,266 $6,992,416,097 $8,842,160,258
2017 $1,321,754,088,819 $1,277,275,696,051 $7,536,402,853 $9,469,953,673
2018 $1,431,642,809,327 $1,307,871,701,701 $7,764,999,999 $10,189,670,047
2019 $1,403,496,387,686 $1,333,521,400,433 $8,300,813,599 $10,943,705,647
2020 $1,289,783,836,971 $1,187,633,217,292 $8,133,963,551 $11,425,228,817
2021 $1,461,244,901,853 $1,267,004,457,827 $8,937,805,347 $12,499,200,275
2022 $1,446,498,147,749 $1,345,296,618,860 $10,713,525,200 $13,499,136,339
2023 $1,620,090,734,957 $1,381,292,228,958 $12,244,169,293 $14,619,564,550
2024 $1,722,745,978,335 $1,424,805,636,602 $14,204,575,549 $15,847,607,944

Economic indicators

Spain Tajikistan
Gross domestic product
$1.72T
2024
$14.2B
2024
GDP rank
14/197
2024
145/197
2024
GDP growth
6.34%
2023-2024
16%
2023-2024
GDP per capita
$35,297
2024
$1,341
2024
GDP per capita rank
31/197
2024
167/197
2024
GDP per capita, PPP
$56,926
2024
$5,406
2024
Government debt
$1.75T
2024
$4.2B
2024
Debt-to-GDP ratio
100.6%
2025
28.4%
2025
Government debt per person
$35,940
2024
$396
2024
Government debt per person rank
19/185
2024
171/185
2024
Average annual personal income after taxes
$24,195
2025
$2,250
2025
Market capitalization of domestic companies
$754B
2024
n/a
Number of millionaires
1,180,703
2024
n/a
Number of billionaires
34
2025
n/a
Income share by richest 10%
24.5%
2023
28.2%
2024
Income share by poorest 10%
2.2%
2023
2.9%
2024
Government expenditure, % of GDP
45.1%
2025
30.3%
2025
Consumer prices inflation
2.77%
2023-2024
3.8%
2024-2025
Central bank interest rate n/a
7.75%
2025
Unemployment rate
11.3%
2024
0.08%
2016
Population
48786181
10940854

GDP per capita in Spain vs Tajikistan

Spain's GDP per capita is $35,297, ranking 31/197, compared to $1,341 in Tajikistan, ranking 167/197. Adjusted for purchasing power (GDP per capita PPP), Spain ranks 33rd at $56,926, while Tajikistan ranks 156th at $5,406.

Spain
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
Year Current $
Spain Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $408 - - -
1961 $463 - - -
1962 $535 - - -
1963 $627 - - -
1964 $695 - - -
1965 $797 - - -
1966 $916 - - -
1967 $997 - - -
1968 $978 - - -
1969 $1,109 - - -
1970 $1,211 - - -
1971 $1,361 - - -
1972 $1,708 - - -
1973 $2,246 - - -
1974 $2,748 - - -
1975 $3,208 - - -
1976 $3,277 - - -
1977 $3,625 - - -
1978 $4,353 - - -
1979 $5,766 - - -
1980 $6,204 - - -
1981 $5,367 - - -
1982 $5,156 - - -
1983 $4,475 - - -
1984 $4,487 - - -
1985 $4,696 - - -
1986 $6,509 - - -
1987 $8,234 - - -
1988 $9,696 - - -
1989 $10,674 - - -
1990 $13,795 $13,667 $487 $2,583
1991 $14,801 $14,452 $458 $2,417
1992 $16,101 $14,845 $338 $1,721
1993 $13,330 $14,963 $287.6 $1,454
1994 $13,406 $15,572 $261.3 $1,148
1995 $15,461 $16,265 $207 $1,006
1996 $16,101 $16,965 $172 $836
1997 $14,722 $17,899 $150.1 $855
1998 $15,382 $19,082 $213.7 $905
1999 $15,708 $19,938 $175 $947
2000 $14,743 $21,578 $136.9 $1,036
2001 $15,368 $22,955 $168.7 $1,139
2002 $17,111 $24,378 $187 $1,257
2003 $21,522 $25,061 $233.6 $1,396
2004 $24,925 $26,163 $306 $1,550
2005 $26,451 $27,630 $334 $1,673
2006 $28,422 $30,755 $401 $1,810
2007 $32,652 $32,537 $517 $1,966
2008 $35,603 $33,350 $703 $2,120
2009 $32,280 $32,201 $665 $2,171
2010 $30,659 $31,808 $737 $2,291
2011 $31,825 $32,016 $834 $2,456
2012 $28,456 $31,870 $952 $2,679
2013 $29,229 $32,614 $1,028 $2,919
2014 $29,708 $33,761 $1,082 $3,152
2015 $25,982 $35,238 $957 $2,975
2016 $26,756 $37,613 $789 $2,914
2017 $28,381 $39,825 $829 $3,017
2018 $30,602 $41,015 $834 $3,069
2019 $29,787 $44,043 $871 $3,460
2020 $27,234 $39,328 $834 $3,654
2021 $30,799 $44,252 $897 $3,986
2022 $30,270 $50,468 $1,052 $4,514
2023 $33,509 $53,230 $1,178 $4,964
2024 $35,297 $56,926 $1,341 $5,406

Spending and national debt comparison

In 2024, Spain's government spending was $782B, accounting for 45.1% of its GDP, while Tajikistan's spent $4.27B, or 30.3% of GDP.

Debt-to-GDP ratio is 100.6% in Spain and 28.4% in Tajikistan, ranking 22/185 and 161/185, respectively.

Spain
Government spending

Government debt
Tajikistan
Government spending

Government debt
Year % of GDP
Spain Tajikistan
Government spending Government debt Government spending Government debt
1960 11% 29.4% - -
1961 9.97% 26.7% - -
1962 10.6% 24.4% - -
1963 12.4% 21% - -
1964 12.7% 19.5% - -
1965 14% 18.1% - -
1966 11.8% 17.7% - -
1967 12.5% 17.6% - -
1968 12.8% 18.3% - -
1969 12.3% 18.8% - -
1970 12.3% 19.2% - -
1971 14% 17.9% - -
1972 12.5% 17.6% - -
1973 9.88% 16.3% - -
1974 11.4% 13.6% - -
1975 11.4% 11.9% - -
1976 11.5% 8.21% - -
1977 12.8% 8.75% - -
1978 14.3% 9.93% - -
1979 14.3% 9.88% - -
1980 16.3% 10.2% - -
1981 18.1% 10.9% - -
1982 21.5% 12% - -
1983 26% 13.4% - -
1984 27% 18.3% - -
1985 27.6% 31.5% - -
1986 28.4% 36.5% - -
1987 31.1% 42.1% - -
1988 28.6% 38.2% - -
1989 32.1% 39.2% - -
1990 41.1% 41.3% - -
1991 42.6% 41.9% - -
1992 43.9% 44.1% - -
1993 46.3% 54.6% - -
1994 44.8% 57% - -
1995 44.1% 61.6% - -
1996 42.9% 65.4% - -
1997 41.5% 64.3% - -
1998 41% 62.4% 17.1% 96.6%
1999 40% 60.9% 17.5% 107.8%
2000 39.1% 57.8% 18.1% 111.4%
2001 38.4% 54.1% 17.3% 99.4%
2002 38.6% 51.2% 19.1% 98.3%
2003 38.4% 47.7% 19.1% 69.8%
2004 38.8% 45.3% 20.2% 49.4%
2005 38.4% 42.4% 22.9% 45.8%
2006 38.4% 39% 21.6% 36.8%
2007 39.2% 35.7% 20.3% 34.3%
2008 41.3% 39.6% 20.2% 30.2%
2009 46.1% 53.1% 23.6% 36.9%
2010 45.8% 60.3% 25.9% 36.8%
2011 45.9% 69.5% 24.3% 35.5%
2012 49.2% 89.6% 24.7% 32.5%
2013 46.2% 100% 27.7% 29.3%
2014 45.1% 104.4% 27.5% 27.9%
2015 43.7% 102.4% 31.9% 35%
2016 42.1% 102% 32.7% 42.2%
2017 41% 101.1% 33.8% 46.3%
2018 41.5% 99.7% 30.9% 46.6%
2019 42% 97.6% 28.8% 43.5%
2020 51.4% 119.2% 29.2% 51.8%
2021 49.5% 115.6% 27.6% 42.1%
2022 46.4% 109.4% 28% 32.5%
2023 45.4% 105% 31% 30.9%
2024 45.4% 101.8% 30% 29.5%
2025 45.1% 100.6% 30.3% 28.4%

Government deficit by year

In 2024, Spain's government deficit, the difference between spending and revenue, was -$54.3B, equivalent to -3.15% of GDP. This compares to Tajikistan's deficit of -$355M, or -2.5% of GDP.

Over the past 27 years, Spain recorded a fiscal deficit in 24 of those years, while Tajikistan ran a deficit in 21 years. On average, Spain posted an annual deficit equal to -3.97% of GDP, compared to deficit of -1.66% of GDP for Tajikistan.

Deficit/surplus
Spain

Tajikistan
Year Deficit/surplus, % of GDP
Spain Tajikistan
1850 0.31% -
1851 -0.25% -
1852 -0.11% -
1853 -0.02% -
1854 -0.32% -
1855 -0.76% -
1856 -0.46% -
1857 -0.41% -
1858 -0.44% -
1859 0.39% -
1860 -0.94% -
1861 -1.77% -
1862 -1.76% -
1863 -1.55% -
1864 -2.48% -
1865 -1.84% -
1866 -0.83% -
1867 -0.79% -
1868 -1.46% -
1869 -2.64% -
1870 -3.42% -
1871 -2.64% -
1872 -2.27% -
1873 2.22% -
1874 -0.1% -
1875 -1.42% -
1876 0.1% -
1877 0.11% -
1878 -0.08% -
1879 -0.52% -
1880 -0.02% -
1881 0.08% -
1882 0.38% -
1883 -0.38% -
1884 -0.23% -
1885 -0.78% -
1886 -0.08% -
1887 -0.73% -
1888 -0.97% -
1889 -0.38% -
1890 -0.4% -
1891 -0.41% -
1892 -0.67% -
1893 0.87% -
1894 -0.08% -
1895 0.83% -
1896 0.46% -
1897 -0.64% -
1898 0.13% -
1899 2.75% -
1900 1.04% -
1901 0.69% -
1902 0.74% -
1903 0.28% -
1904 0.52% -
1905 0.71% -
1906 0.91% -
1907 0.66% -
1908 0.59% -
1909 -0.29% -
1910 0.09% -
1911 0.19% -
1912 -0.33% -
1913 -0.09% -
1914 -1.04% -
1915 -2.97% -
1916 -1.15% -
1917 -1.49% -
1918 -1.8% -
1919 -1.82% -
1920 -2.4% -
1921 -3.33% -
1922 -2.26% -
1923 -1.89% -
1924 -1.76% -
1925 -1.19% -
1926 -0.65% -
1927 -0.54% -
1928 -0.31% -
1929 -0.07% -
1930 0.3% -
1931 0.1% -
1932 -0.3% -
1933 -0.72% -
1934 -1.17% -
1935 -0.49% -
1936 -0.49% -
1937 -0.49% -
1938 -0.49% -
1939 -0.49% -
1940 -3.54% -
1941 -4.34% -
1942 -2.48% -
1943 -7.73% -
1944 -5.44% -
1945 -4.56% -
1946 -2.24% -
1947 -1.09% -
1948 -1.21% -
1949 -0.35% -
1950 -0.44% -
1951 -0.24% -
1952 0.81% -
1953 1.02% -
1954 0.7% -
1955 0.6% -
1956 -0.05% -
1957 1.13% -
1958 0.23% -
1959 0.54% -
1960 0.69% -
1961 1.9% -
1962 1.27% -
1963 -0.54% -
1964 0.18% -
1965 -0.04% -
1966 0.07% -
1967 -0.32% -
1968 -0.55% -
1969 -0.06% -
1970 0.09% -
1971 -0.96% -
1972 0.24% -
1973 1.09% -
1974 0.11% -
1975 0.26% -
1976 0.43% -
1977 -0.24% -
1978 -1.63% -
1979 -1.51% -
1980 -2.55% -
1981 -2.88% -
1982 -5.76% -
1983 -4.77% -
1984 -5.25% -
1985 -6.04% -
1986 -5.18% -
1987 -3.52% -
1988 -2.95% -
1989 -3.24% -
1990 -3.9% -
1991 -4.58% -
1992 -4.26% -
1993 -6.89% -
1994 -6.31% -
1995 -6.79% -
1996 -5.87% -
1997 -3.86% -
1998 -2.63% -5.09%
1999 -1.24% -4.03%
2000 -1.16% -4.51%
2001 -0.45% -2.11%
2002 -0.32% -2.4%
2003 -0.37% -1.74%
2004 -0.1% -2.32%
2005 1.23% -2.83%
2006 2.12% 2%
2007 1.88% 2.13%
2008 -4.56% 1.94%
2009 -11.2% -0.2%
2010 -9.49% -2.71%
2011 -9.69% 0.6%
2012 -11.5% 0.41%
2013 -7.49% -0.73%
2014 -6.07% 0.92%
2015 -5.26% -1.96%
2016 -4.26% -2.91%
2017 -3.1% -5.65%
2018 -2.58% -2.69%
2019 -3.04% -2.04%
2020 -10% -4.34%
2021 -6.66% -0.67%
2022 -4.64% -0.23%
2023 -3.52% -1.27%
2024 -3.15% -2.5%
2025 -2.69% -2.5%

Inflation comparison by year

Over the past 29 years, Spain has recorded an average annual inflation rate of 2.38%, compared with 29% in Tajikistan. In 2024, inflation was 2.77% in Spain and 3.8% in Tajikistan.

Inflation
Spain

Tajikistan
Year Inflation
Spain Tajikistan Spain Tajikistan
1996 3.56% 419%
1997 1.97% 88%
1998 1.83% 43.2%
1999 2.31% 27.5%
2000 3.43% 32.9%
2001 3.59% 38.6%
2002 3.07% 12.2%
2003 3.04% 16.4%
2004 3.04% 7.2%
2005 3.37% 7.3%
2006 3.52% 10%
2007 2.79% 13.2%
2008 4.08% 20.4%
2009 -0.29% 6.4%
2010 1.8% 6.5%
2011 3.2% 12.4%
2012 2.45% 5.8%
2013 1.41% 5%
2014 -0.15% 6.1%
2015 -0.5% 5.8%
2016 -0.2% 5.9%
2017 1.96% 7.3%
2018 1.67% 3.8%
2019 0.7% 7.8%
2020 -0.32% 8.6%
2021 3.09% 9%
2022 8.39% 6.6%
2023 3.53% 3.7%
2024 2.77% 3.5%
2025 - 3.8%

Top exports between countries

Spain
Export category Export value
Machinery & equipment $2.95M
Raw materials & minerals $826K
Chemicals & pharma $533K
Raw agricultural goods $327K
Processed food, beverages & tobacco $237K
Metals $147K
Textiles & consumer goods $140K
Animal & marine products $51K
Precious metals & jewellery $50K
Wood & paper products $6K
Tajikistan
Export category Export value
Animal & marine products $449K
Machinery & equipment $60K
Processed food, beverages & tobacco $49K
Raw materials & minerals $1K

Balance of trade

Spain Tajikistan
Current account balance
$52.8B
2024
$887M
2024
Current account balance ranking
10/189
2024
53/189
2024
Current account balance, % of GDP
+3.07%
2024
+6.24%
2024
Goods imports
$457B
2024
$5.94B
2024
Goods exports
$422B
2024
$1.42B
2024
Service imports
$111B
2024
$971M
2024
Service exports
$221B
2024
$195M
2024
Imports of goods and services, % of GDP
33%
2024
48.4%
2023
Exports of goods and services, % of GDP
37.3%
2024
17.2%
2023

Economic freedom indices

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

Spain Tajikistan
Economic freedom 66.3 51.5
Economic freedom ranking 59/197 152/197
Property rights 87.2 28.8
Government integrity 64.7 15.7
Judicial effectiveness 74 11.2
Tax burden 57.7 92.3
Government spending 33.5 75
Fiscal health 40.8 97.3
Business freedom 83.6 56.2
Labor freedom 63.1 43.6
Monetary freedom 76.5 71
Trade freedom 84.6 72.2
Investment freedom 70 25
Financial freedom 60 30

Economic freedom by year comparison

The Economic Freedom Index for Spain is 66.3, ranking 59/197, compared to 51.5 for Tajikistan, ranking 152/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Spain
Tajikistan
Year Economic freedom index
Spain Tajikistan
1995 62.8 -
1996 59.6 -
1997 59.6 -
1998 62.6 41.1
1999 65.1 41.2
2000 65.9 44.8
2001 68.1 46.8
2002 68.8 47.3
2003 68.8 46.5
2004 68.9 48.7
2005 67 50.4
2006 68.2 52.6
2007 69.2 53.6
2008 69.1 54.4
2009 70.1 54.6
2010 69.6 53
2011 70.2 53.5
2012 69.1 53.4
2013 68 53.4
2014 67.2 52
2015 67.6 52.7
2016 68.5 51.3
2017 63.6 58.2
2018 65.1 58.3
2019 65.7 55.6
2020 66.9 52.2
2021 69.9 55.2
2022 68.2 49.7
2023 65 50.6
2024 63.3 51.3
2025 66.3 51.5

More economic indicators

Spain Tajikistan
Services, % of GDP
69.1%
2024
34.7%
2023
Industry, % of GDP
19.5%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
2.54%
2024
22.9%
2023
GNI, Atlas method
$1.63T
2024
$17.5B
2024
GNI per capita, PPP
$56,630
2024
$7,100
2024
Total reserves including gold
$108B
2024
$3.3B
2023
Total reserves ranking
26/177
2024
117/177
2023
Net foreign direct investment
$22.6B
2024
-$190M
2024
Net inflows of foreign direct investment
$34.1B
2024
$291M
2024
Net outflows of foreign direct investment
$56.7B
2024
$101M
2024
Servicing debt to the IMF, % of GNI
n/a
3.78%
2023
Poverty at national poverty lines
20.2%
2022
19.8%
2024
Gross capital formation, % of GDP
20.5%
2024
31.7%
2023

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

Economy vs Spain vs Tajikistan
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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.