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Economy of Argentina vs Guyana compared: GDP & Debt

Updated on by Georank team

Argentina has a GDP of $638B compared to $24.7B for Guyana, ranking 24/197 and 120/197 by economy size, respectively.

Argentina has $540B in government debt (84.7% of GDP), compared to $5.99B (24.3% of GDP) in Guyana.

Argentina vs Guyana GDP by year

Argentina
Guyana
1x
Year GDP, current $
Argentina Guyana
2024 $638,365,455,340 $24,662,709,832
2023 $649,461,687,959 $16,918,503,597
2022 $633,993,756,301 $14,718,388,489
2021 $486,564,085,480 $8,041,362,110
2020 $385,740,508,437 $5,471,256,595
2019 $447,754,683,615 $5,173,760,192
2018 $524,819,892,360 $4,787,636,998
2017 $643,628,393,281 $4,748,174,334
2016 $557,532,320,663 $4,482,697,337
2015 $594,749,285,413 $4,279,840,194
2014 $526,319,673,732 $4,127,660,152
2013 $552,025,140,252 $4,167,800,929
2012 $545,982,375,701 $4,063,088,536
2011 $530,158,122,010 $3,691,384,318
2010 $423,627,422,092 $3,432,912,517
2009 $332,976,484,578 $3,165,663,153
2008 $361,558,037,110 $3,025,187,433
2007 $287,530,508,431 $2,730,971,595
2006 $232,557,260,817 $2,379,817,991
2005 $198,737,095,012 $824,880,550
2004 $164,657,930,453 $787,814,379
2003 $127,586,973,492 $743,063,950
2002 $97,724,004,252 $726,131,435
2001 $268,696,750,000 $712,167,450
2000 $284,203,750,000 $712,667,897
1999 $283,523,000,000 $694,754,988
1998 $298,948,250,000 $717,530,683
1997 $292,859,000,000 $749,138,010
1996 $272,149,750,000 $705,406,001
1995 $258,031,750,000 $621,626,786
1994 $257,440,000,000 $540,874,934
1993 $236,741,715,015 $454,101,382
1992 $228,778,917,308 $373,573,141
1991 $189,719,984,268 $348,533,095
1990 $141,352,654,305 $396,582,263
1989 $76,629,728,760 $379,779,390
1988 $126,890,235,049 $413,799,990
1987 $108,810,885,301 $354,591,847
1986 $105,872,372,614 $504,651,140
1985 $88,150,891,728 $453,488,372
1984 $116,915,052,107 $437,631,605
1983 $103,979,106,778 $489,333,333
1982 $84,307,486,837 $482,000,000
1981 $78,676,842,367 $570,357,107
1980 $76,961,923,741 $603,200,000
1979 $69,252,328,952 $530,440,000
1978 $89,049,453,088 $507,080,000
1977 $56,781,000,101 $449,880,000
1976 $51,169,499,892 $454,440,000
1975 $52,438,647,922 $494,791,667
1974 $72,436,777,342 $433,954,545
1973 $52,544,000,117 $307,047,619
1972 $34,733,000,536 $285,380,952
1971 $33,293,199,095 $282,050,000
1970 $31,584,210,366 $267,800,000
1969 $31,256,284,544 $249,300,000
1968 $26,436,857,247 $229,750,000
1967 $24,256,667,553 $250,176,471
1966 $28,630,474,728 $228,705,882
1965 $28,344,705,967 $213,235,294
1964 $25,605,249,382 $194,774,513
1963 $18,272,123,664 $175,757,894
1962 $18,337,691,145 $194,949,513
1961 $20,132,220,375 $185,849,535
1960 $15,865,474,315 $170,216,241

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

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

GDP per capita in Argentina vs Guyana by year

Argentina
GDP per capita

GDP per capita, PPP
Guyana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Argentina Guyana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,970 $30,431 $29,675 $80,155
2023 $14,262 $30,221 $20,474 $54,729
2022 $13,962 $29,809 $17,913 $39,711
2021 $10,738 $26,300 $9,861 $22,866
2020 $8,536 $22,393 $6,776 $16,819
2019 $9,956 $23,517 $6,406 $13,241
2018 $11,753 $24,410 $6,048 $12,443
2017 $14,533 $23,385 $6,179 $12,243
2016 $12,700 $20,106 $5,871 $11,516
2015 $13,680 $19,899 $5,640 $11,408
2014 $12,233 $19,487 $5,473 $11,145
2013 $12,964 $19,929 $5,557 $11,200
2012 $12,950 $19,430 $5,444 $10,627
2011 $12,704 $19,105 $4,947 $10,066
2010 $10,260 $17,848 $4,582 $9,337
2009 $8,150 $16,182 $4,209 $8,824
2008 $8,944 $17,277 $4,009 $8,437
2007 $7,185 $16,455 $3,608 $8,110
2006 $5,869 $14,844 $3,136 $7,346
2005 $5,068 $13,465 $1,084 $6,761
2004 $4,242 $12,118 $1,033 $6,673
2003 $3,320 $10,933 $974 $6,392
2002 $2,570 $9,953 $951 $6,304
2001 $7,141 $11,118 $932 $6,131
2000 $7,637 $11,500 $932 $5,860
1999 $7,706 $11,464 $909 $5,812
1998 $8,219 $11,836 $940 $5,573
1997 $8,147 $11,403 $983 $5,615
1996 $7,663 $10,496 $928 $5,210
1995 $7,358 $9,891 $820 $4,753
1994 $7,438 $10,103 $716 $4,447
1993 $6,932 $9,472 $603 $4,027
1992 $6,790 $8,668 $498 $3,651
1991 $5,709 $7,961 $466 $3,322
1990 $4,315 $7,158 $529 $3,022
1989 $2,375 - $503 -
1988 $3,993 - $545 -
1987 $3,477 - $464 -
1986 $3,436 - $657 -
1985 $2,906 - $588 -
1984 $3,915 - $565 -
1983 $3,538 - $631 -
1982 $2,915 - $621 -
1981 $2,764 - $735 -
1980 $2,748 - $779 -
1979 $2,512 - $689 -
1978 $3,282 - $663 -
1977 $2,126 - $593 -
1976 $1,947 - $604 -
1975 $2,027 - $664 -
1974 $2,845 - $588 -
1973 $2,098 - $421 -
1972 $1,409 - $395 -
1971 $1,373 - $396 -
1970 $1,323 - $381 -
1969 $1,330 - $361 -
1968 $1,142 - $340 -
1967 $1,064 - $378 -
1966 $1,275 - $353 -
1965 $1,282 - $336 -
1964 $1,176 - $313 -
1963 $853 - $288.8 -
1962 $870 - $327 -
1961 $971 - $319 -
1960 $778 - $299.1 -

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

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

Argentina's GDP per capita is $13,970, ranking 72/197, compared to $29,675 in Guyana, ranking 41/197. Adjusted for purchasing power (GDP per capita PPP), Argentina ranks 73rd at $30,431, while Guyana ranks 15th at $80,155.

Economic indicators

Argentina Guyana
Gross domestic product
$638B
2024
$24.7B
2024
GDP rank
24/197
2024
120/197
2024
GDP growth
-1.34%
2023-2024
43.8%
2023-2024
GDP per capita
$13,970
2024
$29,675
2024
GDP per capita rank
72/197
2024
41/197
2024
GDP per capita, PPP
$30,431
2024
$80,155
2024
GDP per capita PPP rank
73/197
2024
15/197
2024
Government debt
$540B
2024
$5.99B
2024
Debt-to-GDP ratio
84.7%
2024
24.3%
2024
Government debt per person
$11,826
2024
$7,213
2024
Government debt per person rank
46/185
2024
66/185
2024
Average annual personal income after taxes
$8,743
2026
$13,212
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
34.4%
1998
Income share by poorest 10%
1.9%
2024
1.1%
1998
Government expenditure, % of GDP
31%
2024
23.2%
2024
Consumer prices inflation
219.9%
2023-2024
2.5%
2023-2024
Central bank interest rate
29%
2025
n/a
Unemployment rate
1.69%
2024
13.2%
2019
Population
46048053
842249

Spending and national debt comparison by year

Argentina
Spending

Debt
Guyana
Spending

Debt
1x
Year % of GDP
Argentina Guyana
Government spending Government debt Government spending Government debt
2024 31% 84.7% 23.2% 24.3%
2023 37.6% 154.6% 23.7% 26.7%
2022 37.6% 84.3% 20.3% 24.8%
2021 37.9% 81% 24.8% 45.7%
2020 42.5% 103.8% 30.5% 59.5%
2019 38.1% 89.8% 28.1% 54%
2018 38.9% 85.2% 27.6% 47.9%
2017 41.1% 57% 26.3% 46.1%
2016 41.5% 53.1% 25.2% 44%
2015 41.4% 52.6% 21.7% 42.2%
2014 38.9% 44.7% 23.1% 38.7%
2013 37.6% 43.5% 21.4% 41.4%
2012 36.8% 40.4% 21.8% 44.7%
2011 34.9% 38.9% 23.5% 51.7%
2010 33.4% 43.5% 23.9% 53.1%
2009 34.5% 55.4% 25.4% 52.3%
2008 30.8% 53.8% 24.1% 48.2%
2007 29.6% 62.1% 25.5% 47.7%
2006 26.6% 70.8% 29% 74.5%
2005 24.4% 80.3% 28.4% 90.7%
2004 23% 117.9% 23.7% 91.8%
2003 22% 125.2% 23.5% 95.6%
2002 21.9% 147.2% 23.1% 105.1%
2001 26.4% 48% 24% 104.6%
2000 25.2% 40.8% 22.9% 97.2%
1999 25.5% 38.9% 17.6% 97.1%
1998 23.1% 34.1% 19.7% 108%
1997 22.6% 31.7% 20.9% 101.3%
1996 22.7% 32.6% - -
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/guyana | CC BY

In 2024, Argentina's government spending was $198B, accounting for 31% of its GDP, while Guyana spent $5.72B, or 23.2% of GDP.

Debt-to-GDP ratio is 84.7% in Argentina and 24.3% in Guyana, ranking 39/185 and 168/185, respectively.

Government deficit by year

Deficit/surplus
Argentina

Guyana
1x
Year Deficit/surplus, % of GDP
Argentina Guyana
2024 0.46% -7.31%
2023 -5.33% -5.78%
2022 -3.84% -5.11%
2021 -4.33% -6.94%
2020 -8.67% -7.78%
2019 -4.44% -2.52%
2018 -5.44% -2.52%
2017 -6.69% -3.14%
2016 -6.65% -3.21%
2015 -6% -0.75%
2014 -4.25% -3.88%
2013 -3.25% -2.16%
2012 -3.02% -3.11%
2011 -2.75% -2.13%
2010 -1.39% -1.88%
2009 -1.83% -2.5%
2008 0.35% -2.78%
2007 0.76% -3.35%
2006 1.65% -6.16%
2005 3.34% -6.54%
2004 3.97% -2.88%
2003 1.5% -4.81%
2002 -1.91% -2.42%
2001 -5.36% -3.71%
2000 -3.42% -2.27%
1999 -3.71% -0.47%
1998 -1.83% -2.67%
1997 -1.84% -1.7%
1996 -2.81% -
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/guyana | 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 Guyana's deficit of $1.8B, or 7.31% of GDP.

Over the past 28 years, Argentina recorded a fiscal deficit in 21 of those years, while Guyana ran a deficit in 28 years. On average, Argentina posted an annual deficit equal to 2.64% of GDP, compared to deficit of 3.59% of GDP for Guyana.

Inflation comparison by year

Inflation
Argentina

Guyana
1x
Year Consumer prices inflation
Argentina Guyana
2024 219.9% 2.5%
2023 133.5% 4.5%
2022 72.4% 6.5%
2021 48.4% 3.3%
2020 42% 1.2%
2019 53.5% 2.1%
2018 34.3% 1.3%
2017 25.7% 1.9%
2016 - 0.8%
2015 - -0.9%
2014 - 0.7%
2013 10.6% 1.9%
2012 10% 2.4%
2011 9.8% 4.4%
2010 10.5% 4.3%
2009 6.3% 3%
2008 8.6% 8.1%
2007 8.8% 12.2%
2006 10.9% 6.7%
2005 9.6% 6.9%
2004 4.4% 4.7%
2003 13.4% 6%
2002 25.9% 5.4%
2001 -1.1% 2.6%
2000 -0.9% 6.1%
1999 -1.2% 7.5%
1998 0.9% 4.6%
1997 - 3.6%

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

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

Over the past 27 years, Argentina has recorded an average annual inflation rate of 31.5%, compared with 4.1% in Guyana. In 2024, inflation was 219.9% in Argentina and 2.5% in Guyana.

Top exports between countries

Argentina
Export category Export value
Miscellaneous $5.76M
Animal & marine products $298K
Processed food, beverages & tobacco $278K
Chemicals & pharma $96K
Machinery & equipment $19K
Metals $4K
Guyana
Export category Export value
Chemicals & pharma $149K
Machinery & equipment $85K
Raw materials & minerals $4K
Metals $3K
Textiles & consumer goods $1K

Balance of trade

Argentina Guyana
Current account balance
$5.7B
2024
$2.35B
2023
Current account balance ranking
32/190
2024
43/190
2023
Current account balance, % of GDP
+0.89%
2024
+13.9%
2023
Goods imports
$57.4B
2024
$6B
2023
Goods exports
$79.8B
2024
$13.2B
2023
Service imports
$22.9B
2024
$4.95B
2023
Service exports
$17.2B
2024
$529M
2023
Imports of goods and services, % of GDP
12.7%
2024
109.7%
2005
Exports of goods and services, % of GDP
15.2%
2024
84.6%
2005

Economic freedom indices

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

Argentina Guyana
Economic freedom 57.4 58.7
Economic freedom ranking 117/197 109/197
Property rights 41.2 46.7
Government integrity 41.2 38.8
Judicial effectiveness 58.2 48.6
Tax burden 67.8 76.4
Government spending 62.3 85
Fiscal health 72.2 39.9
Business freedom 56.8 70.9
Labor freedom 53.5 76
Monetary freedom 28.9 78.5
Trade freedom 67.4 59.2
Investment freedom 70 55
Financial freedom 70 30

Economic freedom comparison by year

Argentina
Guyana
1x
Year Economic freedom index
Argentina Guyana
2026 57.4 58.7
2025 54.2 58.2
2024 49.9 57.3
2023 51 56.9
2022 50.1 59.5
2021 52.7 57.4
2020 53.1 56.2
2019 52.2 56.8
2018 52.3 58.7
2017 50.4 58.5
2016 43.8 55.4
2015 44.1 55.5
2014 44.6 55.7
2013 46.7 53.8
2012 48 51.3
2011 51.7 49.4
2010 51.2 48.4
2009 52.3 48.4
2008 54.2 48.8
2007 54 53.7
2006 53.4 56.6
2005 51.7 56.5
2004 53.9 53
2003 56.3 50.3
2002 65.7 54.3
2001 68.6 53.3
2000 70 52.4
1999 70.6 53.3
1998 70.9 52.7
1997 73.3 53.2
1996 74.7 50.1
1995 68 45.7

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

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

The Economic Freedom Index for Argentina is 57.4, ranking 117/197, compared to 58.7 for Guyana, ranking 109/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Argentina Guyana
Services, % of GDP
53.7%
2024
14.5%
2024
Industry, % of GDP
24%
2024
76%
2024
Agriculture, forestry, and fishing, % of GDP
5.81%
2024
7.62%
2024
GNI, Atlas method
$618B
2024
$16.7B
2024
GNI per capita, PPP
$29,800
2024
$52,290
2024
Total reserves including gold
$29.6B
2024
$1.01B
2024
Total reserves ranking
56/177
2024
141/177
2024
Net foreign direct investment
-$8.89B
2024
$1.14B
2023
Net inflows of foreign direct investment
$11.6B
2024
$8.63B
2024
Net outflows of foreign direct investment
$2.76B
2024
$5.7M
2024
Servicing debt to the IMF, % of GNI
6.32%
2024
3.73%
2024
Poverty at national poverty lines
38.1%
2024
35%
2020
Gross capital formation, % of GDP
15.8%
2024
32.3%
2005

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/guyana | 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)
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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.