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Economy of Argentina vs Lebanon compared: GDP & Debt

Updated on by Georank

Argentina has a GDP of $683B compared to $26B for Lebanon, ranking 25/197 and 121/197 by economy size, respectively.

Argentina has $549B in government debt (80.3% of GDP), compared to $41B (139.4% of GDP) in Lebanon.

Argentina vs Lebanon GDP by year

Argentina
Lebanon
1x
Year GDP, current $
Argentina Lebanon
2025 $683,097,891,619 -
2024 $638,365,455,340 $25,971,643,441
2023 $649,461,687,959 $20,078,620,357
2022 $633,993,756,301 $20,992,421,949
2021 $486,564,085,480 $23,131,941,557
2020 $385,740,508,437 $31,712,128,254
2019 $447,754,683,615 $51,605,959,131
2018 $524,819,892,360 $54,901,519,156
2017 $643,628,393,281 $53,027,680,686
2016 $557,532,320,663 $51,147,308,774
2015 $594,749,285,413 $49,929,337,837
2014 $526,319,673,732 $48,095,213,747
2013 $552,025,140,252 $46,880,103,081
2012 $545,982,375,701 $44,016,799,516
2011 $530,158,122,010 $39,927,125,962
2010 $423,627,422,092 $38,443,907,042
2009 $332,976,484,578 $35,399,582,929
2008 $361,558,037,110 $29,118,916,105
2007 $287,530,508,431 $24,827,355,015
2006 $232,557,260,817 $22,022,709,851
2005 $198,737,095,012 $21,497,336,499
2004 $164,657,930,453 $21,159,827,992
2003 $127,586,973,492 $20,082,918,740
2002 $97,724,004,252 $19,152,238,806
2001 $268,696,750,000 $17,649,751,244
2000 $284,203,750,000 $17,260,364,842
1999 $283,523,000,000 $17,391,056,369
1998 $298,948,250,000 $17,247,179,006
1997 $292,859,000,000 $15,751,867,489
1996 $272,149,750,000 $13,690,217,334
1995 $258,031,750,000 $11,718,795,529
1994 $257,440,000,000 $9,599,127,050
1993 $236,741,715,015 $7,941,744,492
1992 $228,778,917,308 $5,843,579,161
1991 $189,719,984,268 $4,690,415,093
1990 $141,352,654,305 $2,838,485,354
1989 $76,629,728,760 $2,717,998,688
1988 $126,890,235,049 $3,313,540,068
1987 $108,810,885,301 -
1986 $105,872,372,614 -
1985 $88,150,891,728 -
1984 $116,915,052,107 -
1983 $103,979,106,778 -
1982 $84,307,486,837 -
1981 $78,676,842,367 -
1980 $76,961,923,741 -
1979 $69,252,328,952 -
1978 $89,049,453,088 -
1977 $56,781,000,101 -
1976 $51,169,499,892 -
1975 $52,438,647,922 -
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Argentina vs Lebanon by year

Argentina
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Argentina Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $14,898 - - -
2024 $13,970 $30,431 $4,473 -
2023 $14,262 $30,221 $3,478 $12,575
2022 $13,962 $29,809 $3,654 $12,293
2021 $10,738 $26,300 $4,045 $11,600
2020 $8,536 $22,393 $5,561 $16,260
2019 $9,956 $23,517 $8,906 $21,710
2018 $11,753 $24,410 $9,175 $21,985
2017 $14,533 $23,385 $8,608 $20,964
2016 $12,700 $20,106 $8,089 $18,941
2015 $13,680 $19,899 $7,714 $17,046
2014 $12,233 $19,487 $7,578 $16,140
2013 $12,964 $19,929 $8,162 $16,316
2012 $12,950 $19,430 $8,407 $16,121
2011 $12,704 $19,105 $7,835 $14,975
2010 $10,260 $17,848 $7,626 $14,704
2009 $8,150 $16,182 $7,091 $13,586
2008 $8,944 $17,277 $5,912 $12,416
2007 $7,185 $16,455 $5,125 $11,356
2006 $5,869 $14,844 $4,635 $10,312
2005 $5,068 $13,465 $4,602 $10,020
2004 $4,242 $12,118 $4,601 $9,609
2003 $3,320 $10,933 $4,438 $8,914
2002 $2,570 $9,953 $4,291 $8,586
2001 $7,141 $11,118 $4,010 $8,289
2000 $7,637 $11,500 $3,987 $7,938
1999 $7,706 $11,464 $4,087 $7,793
1998 $8,219 $11,836 $4,125 $7,861
1997 $8,147 $11,403 $3,834 $7,632
1996 $7,663 $10,496 $3,393 $7,560
1995 $7,358 $9,891 $2,959 $6,796
1994 $7,438 $10,103 $2,468 $6,367
1993 $6,932 $9,472 $2,079 $5,871
1992 $6,790 $8,668 $1,559 $5,279
1991 $5,709 $7,961 $1,278 $4,527
1990 $4,315 $7,158 $790 $2,990
1989 $2,375 - $771 -
1988 $3,993 - $959 -
1987 $3,477 - - -
1986 $3,436 - - -
1985 $2,906 - - -
1984 $3,915 - - -
1983 $3,538 - - -
1982 $2,915 - - -
1981 $2,764 - - -
1980 $2,748 - - -
1979 $2,512 - - -
1978 $3,282 - - -
1977 $2,126 - - -
1976 $1,947 - - -
1975 $2,027 - - -
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 (1960–2025, retrieved 2026-07-08).

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

Argentina's GDP per capita is $14,898, ranking 70/197, compared to $4,473 in Lebanon, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Argentina ranks 73rd at $30,431, while Lebanon ranks 123rd at $12,575.

Economic indicators

Argentina Lebanon
Gross domestic product
$683B
2025
$26B
2024
GDP rank
25/197
2025
121/197
2024
GDP growth
4.37%
2024-2025
-7.08%
2023-2024
GDP per capita
$14,898
2025
$4,473
2024
GDP per capita rank
70/197
2025
129/197
2024
GDP per capita, PPP
$30,431
2024
$12,575
2023
GDP per capita PPP rank
73/197
2024
123/197
2023
Government debt
$549B
2025
$41B
2024
Debt-to-GDP ratio
80.3%
2025
139.4%
2025
Government debt per person
$11,965
2025
$7,061
2024
Government debt per person rank
52/185
2025
71/185
2024
Average annual personal income after taxes
$8,751
2026
$3,055
2026
Market capitalization of domestic companies
$52.9B
2022
$10.6B
2021
Number of billionaires
5
2026
6
2026
Income share by richest 10%
31.2%
2024
25.6%
2022
Income share by poorest 10%
1.9%
2024
2.8%
2022
Government expenditure, % of GDP
31.6%
2025
15.5%
2025
Consumer prices inflation
41.9%
2024-2025
14.6%
2024-2025
Central bank interest rate
29%
2025
20%
2023
Unemployment rate
7.38%
2025
11.3%
2019
Population
46083022
5921719

Spending and national debt comparison by year

Argentina
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Argentina Lebanon
Government spending Government debt Government spending Government debt
2025 31.6% 80.3% 15.5% 139.4%
2024 31% 84.7% 15.3% 157.9%
2023 37.6% 154.6% 14.3% 185.8%
2022 37.6% 84.3% 12.9% 235.9%
2021 37.9% 81% 10.5% 346%
2020 42.5% 103.8% 24.5% 157.2%
2019 38.1% 89.8% 31.3% 171.9%
2018 38.9% 85.2% 32.1% 154%
2017 41.1% 57% 30.7% 150.4%
2016 41.5% 53.1% 28.6% 147.9%
2015 41.4% 52.6% 26.7% 140.9%
2014 38.9% 44.7% 28.9% 138.5%
2013 37.6% 43.5% 28.9% 135.4%
2012 36.8% 40.4% 30.2% 131.1%
2011 34.9% 38.9% 28.8% 134.4%
2010 33.4% 43.5% 29.2% 136.8%
2009 34.5% 55.4% 32.1% 144.5%
2008 30.8% 53.8% 34.3% 161.5%
2007 29.6% 62.1% 35.2% 169.3%
2006 26.6% 70.8% 36.1% 183.3%
2005 24.4% 80.3% 31.4% 178.9%
2004 23% 117.9% 33.3% 169.5%
2003 22% 125.2% 36.4% 171.3%
2002 21.9% 147.2% 36.8% 163.1%
2001 26.4% 48% 38.9% 163.1%
2000 25.2% 40.8% 42.8% 148.1%
1999 25.5% 38.9% 35.6% 130.2%
1998 23.1% 34.1% 34.7% 108.2%
1997 22.6% 31.7% 40.5% 100.2%
1996 22.7% 32.6% 43.6% 101.2%
1995 22.9% 30.7% 31.1% 79.6%
1994 22.9% 28.4% 47.3% 71.5%
1993 22% 26.9% 23% 50.5%
1992 12.1% 25% 36.1% 51.7%
1991 11.4% 35.7% 35.6% 67.1%
1990 11% 48.5% 40% 99.7%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Argentina's government spending was $216B, accounting for 31.6% of its GDP, while Lebanon spent $3.98B, or 15.5% of GDP.

Debt-to-GDP ratio is 80.3% in Argentina and 139.4% in Lebanon, ranking 43/185 and 8/185, respectively.

Government deficit by year

Deficit/surplus
Argentina

Lebanon
1x
Year Deficit/surplus, % of GDP
Argentina Lebanon
2025 -0.38% 3.25%
2024 0.46% 0.39%
2023 -5.33% -1.64%
2022 -3.84% -7.49%
2021 -4.33% -2.57%
2020 -8.67% -7.79%
2019 -4.44% -10.5%
2018 -5.44% -11.2%
2017 -6.69% -8.68%
2016 -6.65% -8.98%
2015 -6% -7.49%
2014 -4.25% -6.22%
2013 -3.25% -8.83%
2012 -3.02% -8.43%
2011 -2.75% -5.94%
2010 -1.39% -7.47%
2009 -1.83% -8.1%
2008 0.35% -9.86%
2007 0.76% -10.9%
2006 1.65% -10.6%
2005 3.34% -8.57%
2004 3.97% -9.83%
2003 1.5% -14%
2002 -1.91% -16.2%
2001 -5.36% -21%
2000 -3.42% -23.9%
1999 -3.71% -16.7%
1998 -1.83% -17.3%
1997 -1.84% -24.5%
1996 -2.81% -25.7%
1995 -2.07% -13.6%
1994 -1.25% -29.1%
1993 -0.02% -7.19%
1992 1.54% -24%
1991 0.96% -19.5%
1990 -0.14% -30.2%
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/argentina/lebanon | 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 Lebanon's surplus of $102M, or 0.39% of GDP.

Over the past 35 years, Argentina recorded a fiscal deficit in 26 of those years, while Lebanon ran a deficit in 34 years. On average, Argentina posted an annual deficit equal to 2.22% of GDP, compared to deficit of 12.7% of GDP for Lebanon.

Inflation comparison by year

Inflation
Argentina

Lebanon
1x
Year Consumer prices inflation
Argentina Lebanon
2025 41.9% 14.6%
2024 219.9% 45.2%
2023 133.5% 221.3%
2022 72.4% 171.2%
2021 48.4% 154.8%
2020 42% 84.9%
2019 53.5% 2.9%
2018 34.3% 6.1%
2017 25.7% 4.4%
2016 - -0.8%
2015 - -3.7%
2014 - 1.9%
2013 10.6% 4.8%
2012 10% 6.6%
2011 9.8% 5%
2010 10.5% 4%
2009 6.3% 1.2%
2008 8.6% 10.7%
2007 8.8% 4.1%
2006 10.9% 4.1%
2005 9.6% -1.4%
2004 4.4% 1.7%
2003 13.4% 1.3%
2002 25.9% 1.8%
2001 -1.1% -0.4%
2000 -0.9% -0.4%
1999 -1.2% 0.2%
1998 0.9% 4.5%
1997 - 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 28 years, Argentina has recorded an average annual inflation rate of 31.9%, compared with 26.8% in Lebanon. In 2025, inflation was 41.9% in Argentina and 14.6% in Lebanon.

Top exports between countries

Argentina
Export category Export value
Processed food, beverages & tobacco $41.8M
Raw agricultural goods $41.5M
Chemicals & pharma $13M
Animal & marine products $10.6M
Miscellaneous $560K
Machinery & equipment $299K
Metals $3K
Lebanon
Export category Export value
Processed food, beverages & tobacco $157K
Machinery & equipment $79K
Textiles & consumer goods $61K
Chemicals & pharma $22K
Miscellaneous $20K
Wood & paper products $18K
Raw agricultural goods $6K
Metals $1K

Balance of trade

Argentina Lebanon
Current account balance
-$7.58B
2025
-$5.64B
2023
Current account balance ranking
169/190
2025
166/190
2023
Current account balance, % of GDP
-1.11%
2025
-28.1%
2023
Goods imports
$71.8B
2025
$16.7B
2023
Goods exports
$87.2B
2025
$3.85B
2023
Service imports
$29.3B
2025
$6.63B
2023
Service exports
$18B
2025
$7.92B
2023
Imports of goods and services, % of GDP
14.8%
2025
58.9%
2024
Exports of goods and services, % of GDP
15.6%
2025
23.3%
2024

Economic freedom indices

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

Argentina Lebanon
Economic freedom 57.4 43.1
Economic freedom ranking 117/197 183/197
Property rights 41.2 21.8
Government integrity 41.2 23.4
Judicial effectiveness 58.2 23.8
Tax burden 67.8 90.3
Government spending 62.3 93.3
Fiscal health 72.2 63.4
Business freedom 56.8 47.6
Labor freedom 53.5 48.4
Monetary freedom 28.9 0
Trade freedom 67.4 65.6
Investment freedom 70 20
Financial freedom 70 20

Economic freedom comparison by year

Argentina
Lebanon
1x
Year Economic freedom index
Argentina Lebanon
2026 57.4 43.1
2025 54.2 44.1
2024 49.9 48.3
2023 51 45.6
2022 50.1 47.3
2021 52.7 51.4
2020 53.1 51.7
2019 52.2 51.1
2018 52.3 53.2
2017 50.4 53.3
2016 43.8 59.5
2015 44.1 59.3
2014 44.6 59.4
2013 46.7 59.5
2012 48 60.1
2011 51.7 60.1
2010 51.2 59.5
2009 52.3 58.1
2008 54.2 60
2007 54 60.4
2006 53.4 57.5
2005 51.7 57.2
2004 53.9 56.9
2003 56.3 56.7
2002 65.7 57.1
2001 68.6 61
2000 70 56.1
1999 70.6 59.1
1998 70.9 59
1997 73.3 63.9
1996 74.7 63.2
1995 68 -

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

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

The Economic Freedom Index for Argentina is 57.4, ranking 117/197, compared to 43.1 for Lebanon, ranking 183/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Argentina Lebanon
Services, % of GDP
56.2%
2025
35.7%
2024
Industry, % of GDP
22.9%
2025
2.63%
2024
Agriculture, forestry, and fishing, % of GDP
5.53%
2025
1.05%
2024
GNI, Atlas method
$672B
2025
$20.7B
2024
GNI per capita, PPP
$31,920
2025
$11,790
2024
Total reserves including gold
$41B
2025
$33.3B
2024
Total reserves ranking
54/177
2025
56/177
2024
Net foreign direct investment
-$300M
2025
-$583M
2023
Net inflows of foreign direct investment
$11.6B
2024
$1.84B
2024
Net outflows of foreign direct investment
$2.76B
2024
$391M
2024
Servicing debt to the IMF, % of GNI
6.32%
2024
9.68%
2024
Poverty at national poverty lines
38.1%
2024
27.4%
2012
Gross capital formation, % of GDP
16.1%
2025
1.44%
2024

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/argentina/lebanon | 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 (1864–1999, retrieved 2026-07-08)
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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.