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Economy of Argentina vs Cambodia compared: GDP & Debt

Updated on by Georank team

Argentina has a GDP of $638B compared to $46.4B for Cambodia, ranking 24/197 and 97/197 by economy size, respectively.

Argentina has $540B in government debt (84.7% of GDP), compared to $12B (25.9% of GDP) in Cambodia.

Argentina vs Cambodia GDP by year

Argentina
Cambodia
1x
Year GDP, current $
Argentina Cambodia
2024 $638,365,455,340 $46,352,647,037
2023 $649,461,687,959 $42,335,646,896
2022 $633,993,756,301 $39,994,532,960
2021 $486,564,085,480 $36,790,163,687
2020 $385,740,508,437 $34,818,073,901
2019 $447,754,683,615 $36,685,356,408
2018 $524,819,892,360 $33,145,892,169
2017 $643,628,393,281 $29,355,665,910
2016 $557,532,320,663 $26,556,545,153
2015 $594,749,285,413 $24,174,170,369
2014 $526,319,673,732 $22,041,463,968
2013 $552,025,140,252 $19,807,135,253
2012 $545,982,375,701 $17,826,536,700
2011 $530,158,122,010 $16,032,622,024
2010 $423,627,422,092 $13,808,673,288
2009 $332,976,484,578 $12,502,901,170
2008 $361,558,037,110 $12,174,303,999
2007 $287,530,508,431 $10,127,916,460
2006 $232,557,260,817 $8,350,531,017
2005 $198,737,095,012 $7,066,296,463
2004 $164,657,930,453 $5,883,297,160
2003 $127,586,973,492 $5,046,693,484
2002 $97,724,004,252 $4,501,227,627
2001 $268,696,750,000 $4,145,665,970
2000 $284,203,750,000 $3,694,168,979
1999 $283,523,000,000 $3,517,242,477
1998 $298,948,250,000 $3,120,425,503
1997 $292,859,000,000 $3,443,413,389
1996 $272,149,750,000 $3,506,695,720
1995 $258,031,750,000 $3,441,205,693
1994 $257,440,000,000 $2,791,435,272
1993 $236,741,715,015 $2,533,727,592
1992 $228,778,917,308 $2,491,486,594
1991 $189,719,984,268 $2,054,974,089
1990 $141,352,654,305 $1,402,541,177
1989 $76,629,728,760 $1,353,137,648
1988 $126,890,235,049 $1,662,877,859
1987 $108,810,885,301 $1,036,974,910
1986 $105,872,372,614 $1,167,630,318
1985 $88,150,891,728 $1,102,669,184
1984 $116,915,052,107 $1,021,176,059
1983 $103,979,106,778 $939,291,262
1982 $84,307,486,837 $865,516,040
1981 $78,676,842,367 $815,153,652
1980 $76,961,923,741 $744,384,130
1979 $69,252,328,952 $723,738,503
1978 $89,049,453,088 $766,642,356
1977 $56,781,000,101 $716,261,764
1976 $51,169,499,892 $790,357,255
1975 $52,438,647,922 $749,129,748
1974 $72,436,777,342 -
1973 $52,544,000,117 -
1972 $34,733,000,536 -
1971 $33,293,199,095 -
1970 $31,584,210,366 -
1969 $31,256,284,544 -
1968 $26,436,857,247 -
1967 $24,256,667,553 -
1966 $28,630,474,728 -
1965 $28,344,705,967 -
1964 $25,605,249,382 -
1963 $18,272,123,664 -
1962 $18,337,691,145 -
1961 $20,132,220,375 -
1960 $15,865,474,315 -

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

GeoRank.org/economy/argentina/cambodia | CC BY

GDP per capita in Argentina vs Cambodia by year

Argentina
GDP per capita

GDP per capita, PPP
Cambodia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Argentina Cambodia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,970 $30,431 $2,628 $7,967
2023 $14,262 $30,221 $2,430 $7,431
2022 $13,962 $29,809 $2,325 $6,919
2021 $10,738 $26,300 $2,167 $6,226
2020 $8,536 $22,393 $2,082 $5,942
2019 $9,956 $23,517 $2,226 $6,154
2018 $11,753 $24,410 $2,037 $5,617
2017 $14,533 $23,385 $1,826 $5,050
2016 $12,700 $20,106 $1,675 $4,748
2015 $13,680 $19,899 $1,547 $4,434
2014 $12,233 $19,487 $1,432 $4,118
2013 $12,964 $19,929 $1,306 $3,891
2012 $12,950 $19,430 $1,193 $3,583
2011 $12,704 $19,105 $1,089 $3,223
2010 $10,260 $17,848 $952 $2,989
2009 $8,150 $16,182 $876 $2,854
2008 $8,944 $17,277 $866 $2,769
2007 $7,185 $16,455 $732 $2,566
2006 $5,869 $14,844 $612 $2,297
2005 $5,068 $13,465 $526 $2,038
2004 $4,242 $12,118 $444 $1,770
2003 $3,320 $10,933 $387 $1,598
2002 $2,570 $9,953 $350 $1,442
2001 $7,141 $11,118 $328 $1,357
2000 $7,637 $11,500 $296.4 $1,256
1999 $7,706 $11,464 $286.8 $1,134
1998 $8,219 $11,836 $258.8 $1,009
1997 $8,147 $11,403 $297.6 $994
1996 $7,663 $10,496 $325 $1,006
1995 $7,358 $9,891 $343 $1,006
1994 $7,438 $10,103 $302 $972
1993 $6,932 $9,472 $294.1 $1,565
1992 $6,790 $8,668 $307 $1,560
1991 $5,709 $7,961 $267.3 $1,504
1990 $4,315 $7,158 $190.2 $1,410
1989 $2,375 - $191.3 -
1988 $3,993 - $244.1 -
1987 $3,477 - $158.1 -
1986 $3,436 - $185.8 -
1985 $2,906 - $182.4 -
1984 $3,915 - $174.7 -
1983 $3,538 - $166.7 -
1982 $2,915 - $159.2 -
1981 $2,764 - $154.3 -
1980 $2,748 - $143.2 -
1979 $2,512 - $142.2 -
1978 $3,282 - $147.1 -
1977 $2,126 - $126.4 -
1976 $1,947 - $128.8 -
1975 $2,027 - $113.8 -
1974 $2,845 - - -
1973 $2,098 - - -
1972 $1,409 - - -
1971 $1,373 - - -
1970 $1,323 - - -
1969 $1,330 - - -
1968 $1,142 - - -
1967 $1,064 - - -
1966 $1,275 - - -
1965 $1,282 - - -
1964 $1,176 - - -
1963 $853 - - -
1962 $870 - - -
1961 $971 - - -
1960 $778 - - -

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

GeoRank.org/economy/argentina/cambodia | CC BY

Argentina's GDP per capita is $13,970, ranking 72/197, compared to $2,628 in Cambodia, ranking 145/197. Adjusted for purchasing power (GDP per capita PPP), Argentina ranks 73rd at $30,431, while Cambodia ranks 142nd at $7,967.

Economic indicators

Argentina Cambodia
Gross domestic product
$638B
2024
$46.4B
2024
GDP rank
24/197
2024
97/197
2024
GDP growth
-1.34%
2023-2024
5.98%
2023-2024
GDP per capita
$13,970
2024
$2,628
2024
GDP per capita rank
72/197
2024
145/197
2024
GDP per capita, PPP
$30,431
2024
$7,967
2024
GDP per capita PPP rank
73/197
2024
142/197
2024
Government debt
$540B
2024
$12B
2024
Debt-to-GDP ratio
84.7%
2024
25.9%
2024
Government debt per person
$11,826
2024
$681
2024
Government debt per person rank
46/185
2024
156/185
2024
Average annual personal income after taxes
$8,743
2026
$2,258
2026
Market capitalization of domestic companies
$52.9B
2022
n/a
Number of billionaires
5
2025
n/a
Income share by richest 10%
31.2%
2024
n/a
Income share by poorest 10%
1.9%
2024
n/a
Government expenditure, % of GDP
31%
2024
17.3%
2024
Consumer prices inflation
219.9%
2023-2024
0.9%
2023-2024
Central bank interest rate
29%
2025
n/a
Unemployment rate
1.69%
2024
0.26%
2023
Population
46048053
18113986

Spending and national debt comparison by year

Argentina
Spending

Debt
Cambodia
Spending

Debt
1x
Year % of GDP
Argentina Cambodia
Government spending Government debt Government spending Government debt
2024 31% 84.7% 17.3% 25.9%
2023 37.6% 154.6% 19.1% 26.3%
2022 37.6% 84.3% 18.7% 25.5%
2021 37.9% 81% 21% 25.9%
2020 42.5% 103.8% 20.3% 25.2%
2019 38.1% 89.8% 17.6% 20.8%
2018 38.9% 85.2% 16.1% 21.1%
2017 41.1% 57% 16.2% 22.6%
2016 41.5% 53.1% 15.2% 21.8%
2015 41.4% 52.6% 14.5% 23.3%
2014 38.9% 44.7% 16.5% 24.2%
2013 37.6% 43.5% 16.4% 24.4%
2012 36.8% 40.4% 17.1% 24.9%
2011 34.9% 38.9% 16.5% 23.8%
2010 33.4% 43.5% 17% 23.4%
2009 34.5% 55.4% 17% 23.7%
2008 30.8% 53.8% 13.1% 23%
2007 29.6% 62.1% 12.3% 25.1%
2006 26.6% 70.8% 11.3% 26.7%
2005 24.4% 80.3% 11% 31.7%
2004 23% 117.9% 12.6% 38.7%
2003 22% 125.2% 14.5% 39.8%
2002 21.9% 147.2% 16.1% 37.8%
2001 26.4% 48% 14.5% 33.5%
2000 25.2% 40.8% 14.9% 34.9%
1999 25.5% 38.9% 13.8% 34.6%
1998 23.1% 34.1% 13.4% 37.2%
1997 22.6% 31.7% 12.4% 31.4%
1996 22.7% 32.6% 15.7% 30.1%
1995 22.9% 30.7% - -
1994 22.9% 28.4% - -
1993 22% 26.9% - -
1992 12.1% 25% - -
1991 11.4% 35.7% - -
1990 11% 48.5% - -
1989 11% 118.2% - -
1988 12.3% 61.4% - -
1987 13.7% 74.1% - -
1986 13.7% 55.9% - -
1985 14.7% 55.2% - -
1984 13% 54.6% - -
1983 14.2% 64.2% - -
1982 15.9% 52.2% - -
1981 17% 26.5% - -
1980 15.2% 11.4% - -
1979 14.5% 12.4% - -
1978 14.9% 17.5% - -
1977 12.6% 25.1% - -
1976 13% 28.7% - -
1975 12.5% 33.8% - -
1974 14% 13% - -
1973 12.6% 12% - -
1972 11.2% 17.1% - -
1971 11.7% 15.2% - -
1970 12% 13.5% - -
1969 12.3% 9.63% - -
1968 12.8% 9.43% - -
1967 13% 10.9% - -
1966 12.1% 13.4% - -
1965 11.6% 15.9% - -
1964 11.8% 16.8% - -
1963 11.2% 23.4% - -
1962 11.3% 25.1% - -
1961 12.3% 8.69% - -
1960 11.3% 8.39% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-02-20).

GeoRank.org/economy/argentina/cambodia | CC BY

In 2024, Argentina's government spending was $198B, accounting for 31% of its GDP, while Cambodia spent $8B, or 17.3% of GDP.

Debt-to-GDP ratio is 84.7% in Argentina and 25.9% in Cambodia, ranking 39/185 and 164/185, respectively.

Government deficit by year

Deficit/surplus
Argentina

Cambodia
1x
Year Deficit/surplus, % of GDP
Argentina Cambodia
2024 0.46% -2.67%
2023 -5.33% -2.83%
2022 -3.84% -0.29%
2021 -4.33% -5.18%
2020 -8.67% -2.53%
2019 -4.44% 2.19%
2018 -5.44% 0.28%
2017 -6.69% -0.76%
2016 -6.65% -0.29%
2015 -6% -0.65%
2014 -4.25% -1.24%
2013 -3.25% -2.01%
2012 -3.02% -3.57%
2011 -2.75% -3.76%
2010 -1.39% -3.09%
2009 -1.83% -3.98%
2008 0.35% 0.43%
2007 0.76% 0.62%
2006 1.65% -0.15%
2005 3.34% -0.34%
2004 3.97% -3.23%
2003 1.5% -5.69%
2002 -1.91% -6.07%
2001 -5.36% -4.95%
2000 -3.42% -4.76%
1999 -3.71% -3.79%
1998 -1.83% -5.35%
1997 -1.84% -3.7%
1996 -2.81% -7.53%
1995 -2.07% -
1994 -1.25% -
1993 -0.02% -
1992 1.54% -
1991 0.96% -
1990 -0.14% -
1989 -0.25% -
1988 -1.75% -
1987 1.89% -
1986 3.3% -
1985 3.6% -
1984 -1.39% -
1983 -2.89% -
1982 -4.68% -
1981 -3.93% -
1980 -1.14% -
1979 -1.5% -
1978 -1.36% -
1977 -0.54% -
1976 -2.39% -
1975 -2.9% -
1974 -1.08% -
1973 -1.48% -
1972 -0.12% -
1971 0.32% -
1970 1.01% -
1969 0.54% -
1968 0.25% -
1967 0.66% -
1966 -0.98% -
1965 -0.89% -
1964 -1.34% -
1963 -0.65% -
1962 -0.47% -
1961 1.73% -
1960 -1.98% -
1959 -4.82% -
1958 -6.61% -
1957 -2.72% -
1956 -3.77% -
1955 -3.75% -
1954 -3.21% -
1953 -3.1% -
1952 -3.01% -
1951 -3.52% -
1950 -3.38% -
1949 -3.98% -
1948 -2.73% -
1947 -1.6% -
1946 -4.12% -
1945 -5.25% -
1944 -4.61% -
1943 -3.86% -
1942 -2.9% -
1941 -2.85% -
1940 -2.31% -
1939 -3.09% -
1938 -2.09% -
1937 -1.62% -
1936 -1.44% -
1935 -1.16% -
1934 -1.56% -
1933 -1.27% -
1932 -1.19% -
1931 -2.98% -
1930 -3.94% -
1929 -1.95% -
1928 -1.52% -
1927 -3.3% -
1926 -1% -
1925 -0.46% -
1924 -0.68% -
1923 -0.93% -
1922 -1.86% -
1921 -0.99% -
1920 0.2% -
1919 -0.3% -
1918 -1.14% -
1917 -2.18% -
1916 -2.13% -
1915 -2.64% -
1914 -3.03% -
1913 -0.61% -
1912 -0.78% -
1911 -2.19% -
1910 -2.24% -
1909 -2.57% -
1908 0.28% -
1907 -0.2% -
1906 -0.32% -
1905 -3.52% -
1904 0.15% -
1903 -0.25% -
1902 -2.2% -
1901 -0.54% -
1900 -0.42% -
1899 -0.4% -
1898 -9.31% -
1897 -1.46% -
1896 -4.19% -
1895 -1.59% -
1894 -1.06% -
1893 0.06% -
1892 -1.33% -
1891 -4.48% -
1890 -1.82% -
1889 -2.88% -
1888 -0.69% -
1887 0.35% -
1886 -2.39% -
1885 -2.67% -
1884 -4.07% -
1883 -4.19% -
1882 -5.42% -
1881 -2.31% -
1880 -2.15% -
1879 -1.09% -
1878 -1.08% -
1877 -1.68% -
1876 -4.15% -
1875 -3.08% -
1874 -2.59% -
1873 -1.39% -
1872 -1.18% -
1871 -5.54% -
1870 -2.74% -
1869 -1.61% -
1868 -1.8% -
1867 -1.08% -
1866 -2.09% -
1865 -0.79% -
1864 0.51% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20).

GeoRank.org/economy/argentina/cambodia | CC BY

In 2024, Argentina's government surplus, the difference between spending and revenue, was $2.92B, equivalent to 0.46% of GDP. This compares to Cambodia's deficit of $1.24B, or 2.67% of GDP.

Over the past 29 years, Argentina recorded a fiscal deficit in 22 of those years, while Cambodia ran a deficit in 25 years. On average, Argentina posted an annual deficit equal to 2.65% of GDP, compared to deficit of 2.58% of GDP for Cambodia.

Inflation comparison by year

Inflation
Argentina

Cambodia
1x
Year Consumer prices inflation
Argentina Cambodia
2024 219.9% 0.9%
2023 133.5% 2.1%
2022 72.4% 5.3%
2021 48.4% 2.9%
2020 42% 2.9%
2019 53.5% 2%
2018 34.3% 2.4%
2017 25.7% 2.9%
2016 - 3%
2015 - 1.2%
2014 - 3.9%
2013 10.6% 2.9%
2012 10% 2.9%
2011 9.8% 5.5%
2010 10.5% 4%
2009 6.3% -0.7%
2008 8.6% 25%
2007 8.8% 7.7%
2006 10.9% 6.1%
2005 9.6% 6.3%
2004 4.4% 3.9%
2003 13.4% 1%
2002 25.9% 0%
2001 -1.1% -0.1%
2000 -0.9% -0.8%
1999 -1.2% 2%
1998 0.9% 12.9%
1997 - 10.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/argentina/cambodia | CC BY

Over the past 27 years, Argentina has recorded an average annual inflation rate of 31.5%, compared with 4% in Cambodia. In 2024, inflation was 219.9% in Argentina and 0.9% in Cambodia.

Top exports between countries

Argentina
Export category Export value
Animal & marine products $7.73M
Miscellaneous $663K
Processed food, beverages & tobacco $61K
Cambodia
Export category Export value
Textiles & consumer goods $22.7M
Metals $946K
Machinery & equipment $397K
Wood & paper products $76K
Processed food, beverages & tobacco $54K
Chemicals & pharma $49K
Raw materials & minerals $30K
Miscellaneous $12K

Balance of trade

Argentina Cambodia
Current account balance
$5.7B
2024
$228M
2024
Current account balance ranking
32/190
2024
65/190
2024
Current account balance, % of GDP
+0.89%
2024
+0.49%
2024
Goods imports
$57.4B
2024
$31.2B
2024
Goods exports
$79.8B
2024
$26.8B
2024
Service imports
$22.9B
2024
$3.08B
2024
Service exports
$17.2B
2024
$4.97B
2024
Imports of goods and services, % of GDP
12.7%
2024
72.1%
2024
Exports of goods and services, % of GDP
15.2%
2024
71.4%
2024

Economic freedom indices

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

Argentina Cambodia
Economic freedom 57.4 58.7
Economic freedom ranking 117/197 108/197
Property rights 41.2 38.1
Government integrity 41.2 18.9
Judicial effectiveness 58.2 21.2
Tax burden 67.8 90.3
Government spending 62.3 89.9
Fiscal health 72.2 92.7
Business freedom 56.8 60.8
Labor freedom 53.5 48.3
Monetary freedom 28.9 77
Trade freedom 67.4 67.8
Investment freedom 70 50
Financial freedom 70 50

Economic freedom comparison by year

Argentina
Cambodia
1x
Year Economic freedom index
Argentina Cambodia
2026 57.4 58.7
2025 54.2 58.2
2024 49.9 55.6
2023 51 56.5
2022 50.1 57.1
2021 52.7 57.3
2020 53.1 57.3
2019 52.2 57.8
2018 52.3 58.7
2017 50.4 59.5
2016 43.8 57.9
2015 44.1 57.5
2014 44.6 57.4
2013 46.7 58.5
2012 48 57.6
2011 51.7 57.9
2010 51.2 56.6
2009 52.3 56.6
2008 54.2 55.9
2007 54 55.9
2006 53.4 56.7
2005 51.7 60
2004 53.9 61.1
2003 56.3 63.7
2002 65.7 60.7
2001 68.6 59.6
2000 70 59.3
1999 70.6 59.9
1998 70.9 59.8
1997 73.3 52.8
1996 74.7 -
1995 68 -

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

GeoRank.org/economy/argentina/cambodia | CC BY

The Economic Freedom Index for Argentina is 57.4, ranking 117/197, compared to 58.7 for Cambodia, ranking 108/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Argentina Cambodia
Services, % of GDP
53.7%
2024
35.6%
2024
Industry, % of GDP
24%
2024
41.8%
2024
Agriculture, forestry, and fishing, % of GDP
5.81%
2024
16.6%
2024
GNI, Atlas method
$618B
2024
$44.9B
2024
GNI per capita, PPP
$29,800
2024
$7,910
2024
Total reserves including gold
$29.6B
2024
$22.5B
2024
Total reserves ranking
56/177
2024
58/177
2024
Net foreign direct investment
-$8.89B
2024
-$4.22B
2024
Net inflows of foreign direct investment
$11.6B
2024
$4.39B
2024
Net outflows of foreign direct investment
$2.76B
2024
$172M
2024
Servicing debt to the IMF, % of GNI
6.32%
2024
7.41%
2024
Poverty at national poverty lines
38.1%
2024
17.7%
2012
Gross capital formation, % of GDP
15.8%
2024
32.2%
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/argentina/cambodia | 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 (1864–1992, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, 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 (2020–2024, retrieved 2026-02-08)
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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.