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Economy of Argentina vs Saint Lucia compared: GDP & Debt

Updated on by Georank team

Argentina has a GDP of $638B compared to $2.55B for Saint Lucia, ranking 24/197 and 173/197 by economy size, respectively.

Argentina has $540B in government debt (84.7% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Argentina vs Saint Lucia GDP by year

Argentina
Saint Lucia
1x
Year GDP, current $
Argentina Saint Lucia
2024 $638,365,455,340 $2,549,062,963
2023 $649,461,687,959 $2,430,166,667
2022 $633,993,756,301 $2,342,714,815
2021 $486,564,085,480 $1,867,185,185
2020 $385,740,508,437 $1,499,274,074
2019 $447,754,683,615 $2,095,344,444
2018 $524,819,892,360 $2,060,955,556
2017 $643,628,393,281 $1,998,503,704
2016 $557,532,320,663 $1,868,544,444
2015 $594,749,285,413 $1,807,640,741
2014 $526,319,673,732 $1,749,185,185
2013 $552,025,140,252 $1,660,392,593
2012 $545,982,375,701 $1,598,207,407
2011 $530,158,122,010 $1,568,370,370
2010 $423,627,422,092 $1,482,385,185
2009 $332,976,484,578 $1,401,507,889
2008 $361,558,037,110 $1,437,731,111
2007 $287,530,508,431 $1,336,088,815
2006 $232,557,260,817 $1,268,319,185
2005 $198,737,095,012 $1,135,555,556
2004 $164,657,930,453 $1,066,666,667
2003 $127,586,973,492 $987,407,407
2002 $97,724,004,252 $900,000,000
2001 $268,696,750,000 $892,592,593
2000 $284,203,750,000 $932,592,593
1999 $283,523,000,000 $921,851,852
1998 $298,948,250,000 $877,407,407
1997 $292,859,000,000 $805,925,926
1996 $272,149,750,000 $788,888,889
1995 $258,031,750,000 $762,962,963
1994 $257,440,000,000 $713,703,704
1993 $236,741,715,015 $684,814,815
1992 $228,778,917,308 $674,074,074
1991 $189,719,984,268 $613,703,704
1990 $141,352,654,305 $579,629,630
1989 $76,629,728,760 $486,666,667
1988 $126,890,235,049 $429,629,630
1987 $108,810,885,301 $375,555,556
1986 $105,872,372,614 $340,000,000
1985 $88,150,891,728 $284,444,444
1984 $116,915,052,107 $251,481,481
1983 $103,979,106,778 $197,037,037
1982 $84,307,486,837 $183,333,333
1981 $78,676,842,367 $194,444,444
1980 $76,961,923,741 $170,370,370
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 (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/argentina/saint-lucia | CC BY

GDP per capita in Argentina vs Saint Lucia by year

Argentina
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Argentina Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,970 $30,431 $14,182 $27,567
2023 $14,262 $30,221 $13,555 $25,975
2022 $13,962 $29,809 $13,104 $24,599
2021 $10,738 $26,300 $10,459 $19,101
2020 $8,536 $22,393 $8,411 $14,912
2019 $9,956 $23,517 $11,794 $18,710
2018 $11,753 $24,410 $11,643 $17,433
2017 $14,533 $23,385 $11,333 $16,131
2016 $12,700 $20,106 $10,638 $15,307
2015 $13,680 $19,899 $10,335 $14,353
2014 $12,233 $19,487 $10,045 $14,403
2013 $12,964 $19,929 $9,577 $14,010
2012 $12,950 $19,430 $9,260 $13,443
2011 $12,704 $19,105 $9,129 $13,471
2010 $10,260 $17,848 $8,674 $12,718
2009 $8,150 $16,182 $8,251 $12,600
2008 $8,944 $17,277 $8,517 $12,969
2007 $7,185 $16,455 $7,964 $12,199
2006 $5,869 $14,844 $7,611 $11,758
2005 $5,068 $13,465 $6,863 $10,818
2004 $4,242 $12,118 $6,495 $10,610
2003 $3,320 $10,933 $6,059 $9,707
2002 $2,570 $9,953 $5,568 $9,205
2001 $7,141 $11,118 $5,570 $9,106
2000 $7,637 $11,500 $5,880 $9,314
1999 $7,706 $11,464 $5,883 $9,214
1998 $8,219 $11,836 $5,673 $8,965
1997 $8,147 $11,403 $5,282 $8,456
1996 $7,663 $10,496 $5,244 $8,490
1995 $7,358 $9,891 $5,148 $8,222
1994 $7,438 $10,103 $4,892 $8,041
1993 $6,932 $9,472 $4,765 $7,865
1992 $6,790 $8,668 $4,760 $7,753
1991 $5,709 $7,961 $4,399 $7,127
1990 $4,315 $7,158 $4,205 $6,951
1989 $2,375 - $3,565 -
1988 $3,993 - $3,182 -
1987 $3,477 - $2,819 -
1986 $3,436 - $2,591 -
1985 $2,906 - $2,202 -
1984 $3,915 - $1,979 -
1983 $3,538 - $1,576 -
1982 $2,915 - $1,489 -
1981 $2,764 - $1,605 -
1980 $2,748 - $1,428 -
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 (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/argentina/saint-lucia | CC BY

Argentina's GDP per capita is $13,970, ranking 72/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), Argentina ranks 73rd at $30,431, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Argentina Saint Lucia
Gross domestic product
$638B
2024
$2.55B
2024
GDP rank
24/197
2024
173/197
2024
GDP growth
-1.34%
2023-2024
3.89%
2023-2024
GDP per capita
$13,970
2024
$14,182
2024
GDP per capita rank
72/197
2024
70/197
2024
GDP per capita, PPP
$30,431
2024
$27,567
2024
GDP per capita PPP rank
73/197
2024
75/197
2024
Government debt
$540B
2024
$1.97B
2024
Debt-to-GDP ratio
84.7%
2024
77.2%
2024
Government debt per person
$11,826
2024
$10,952
2024
Government debt per person rank
46/185
2024
52/185
2024
Average annual personal income after taxes
$8,743
2026
$10,412
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
34.1%
2015
Income share by poorest 10%
1.9%
2024
2.1%
2015
Government expenditure, % of GDP
31%
2024
24.5%
2024
Consumer prices inflation
219.9%
2023-2024
-0.11%
2023-2024
Central bank interest rate
29%
2025
n/a
Unemployment rate
1.69%
2024
10.1%
2024
Population
46048053
180638

Spending and national debt comparison by year

Argentina
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Argentina Saint Lucia
Government spending Government debt Government spending Government debt
2024 31% 84.7% 24.5% 77.2%
2023 37.6% 154.6% 25.6% 76.6%
2022 37.6% 84.3% 23% 74.4%
2021 37.9% 81% 27.4% 87%
2020 42.5% 103.8% 34.9% 100%
2019 38.1% 89.8% 25.1% 62.1%
2018 38.9% 85.2% 23.2% 60.5%
2017 41.1% 57% 23.3% 60.4%
2016 41.5% 53.1% 23% 61.3%
2015 41.4% 52.6% 23.7% 61.1%
2014 38.9% 44.7% 23.6% 62.4%
2013 37.6% 43.5% 25.4% 62.1%
2012 36.8% 40.4% 28% 60.8%
2011 34.9% 38.9% 27% 55.2%
2010 33.4% 43.5% 26% 53%
2009 34.5% 55.4% 24.5% 51%
2008 30.8% 53.8% 22.2% 46.7%
2007 29.6% 62.1% 22.6% 49.1%
2006 26.6% 70.8% 24.7% 48.6%
2005 24.4% 80.3% 26% 51.9%
2004 23% 117.9% 22.9% 49.6%
2003 22% 125.2% 22.9% 45.6%
2002 21.9% 147.2% 23.6% 48.8%
2001 26.4% 48% 22.1% 38.1%
2000 25.2% 40.8% 20.7% 32.5%
1999 25.5% 38.9% 20.9% 28.9%
1998 23.1% 34.1% 18.8% 29.4%
1997 22.6% 31.7% 19.5% 27.2%
1996 22.7% 32.6% 18.9% 24.1%
1995 22.9% 30.7% 19.2% 22.9%
1994 22.9% 28.4% 19.1% 23.8%
1993 22% 26.9% 21.8% 22.9%
1992 12.1% 25% 18.4% 22.2%
1991 11.4% 35.7% 18.4% 19.8%
1990 11% 48.5% 16.7% 17%
1989 11% 118.2% 19% 18.1%
1988 12.3% 61.4% 18.2% 18.6%
1987 13.7% 74.1% 19.9% 19.6%
1986 13.7% 55.9% 21.1% 17.2%
1985 14.7% 55.2% 20.4% 17.1%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-02-20).

GeoRank.org/economy/argentina/saint-lucia | CC BY

In 2024, Argentina's government spending was $198B, accounting for 31% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 84.7% in Argentina and 77.2% in Saint Lucia, ranking 39/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Argentina

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Argentina Saint Lucia
2024 0.46% -2.13%
2023 -5.33% -3.09%
2022 -3.84% -1.67%
2021 -4.33% -5.1%
2020 -8.67% -12%
2019 -4.44% -3.51%
2018 -5.44% -1.03%
2017 -6.69% -1.14%
2016 -6.65% -0.79%
2015 -6% -2.35%
2014 -4.25% -3.08%
2013 -3.25% -4.84%
2012 -3.02% -7.62%
2011 -2.75% -5.38%
2010 -1.39% -4.17%
2009 -1.83% -2.67%
2008 0.35% -0.72%
2007 0.76% -1.62%
2006 1.65% -5.07%
2005 3.34% -6.18%
2004 3.97% -2.63%
2003 1.5% -3.23%
2002 -1.91% -3.1%
2001 -5.36% -3.08%
2000 -3.42% -1.16%
1999 -3.71% 1.62%
1998 -1.83% 2.25%
1997 -1.84% -1.13%
1996 -2.81% -0.58%
1995 -2.07% -0.13%
1994 -1.25% -0.02%
1993 -0.02% -0.26%
1992 1.54% -0.66%
1991 0.96% -0.43%
1990 -0.14% 0.29%
1989 -0.25% 0.89%
1988 -1.75% 2.02%
1987 1.89% 0.56%
1986 3.3% -1.61%
1985 3.6% -1.5%
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 (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/argentina/saint-lucia | 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 Saint Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 40 years, Argentina recorded a fiscal deficit in 28 of those years, while Saint Lucia ran a deficit in 34 years. On average, Argentina posted an annual deficit equal to 1.77% of GDP, compared to deficit of 2.15% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Argentina

Saint Lucia
1x
Year Consumer prices inflation
Argentina Saint Lucia
2024 219.9% -0.11%
2023 133.5% 4.07%
2022 72.4% 6.38%
2021 48.4% 2.41%
2020 42% -1.76%
2019 53.5% 0.54%
2018 34.3% 1.94%
2017 25.7% 0.1%
2016 - -3.08%
2015 - -0.98%
2014 - 3.52%
2013 10.6% 1.47%
2012 10% 4.18%
2011 9.8% 2.77%
2010 10.5% 3.25%
2009 6.3% -0.16%
2008 8.6% 5.55%
2007 8.8% 2.82%
2006 10.9% 2.4%
2005 9.6% 3.9%
2004 4.4% 1.46%
2003 13.4% 1.03%
2002 25.9% -0.26%
2001 -1.1% 5.31%
2000 -0.9% 3.71%
1999 -1.2% 3.5%
1998 0.9% 3.2%
1997 - -0.006%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (1998–2024, retrieved 2026-02-20).

GeoRank.org/economy/argentina/saint-lucia | CC BY

Over the past 27 years, Argentina has recorded an average annual inflation rate of 31.5%, compared with 2.12% in Saint Lucia. In 2024, inflation was 219.9% in Argentina and -0.11% in Saint Lucia.

Top exports between countries

Argentina
Export category Export value
Miscellaneous $239K
Processed food, beverages & tobacco $68K
Saint Lucia
Export category Export value

Balance of trade

Argentina Saint Lucia
Current account balance
$5.7B
2024
-$64.1M
2024
Current account balance ranking
32/190
2024
86/190
2024
Current account balance, % of GDP
+0.89%
2024
-2.52%
2024
Goods imports
$57.4B
2024
$848M
2024
Goods exports
$79.8B
2024
$137M
2024
Service imports
$22.9B
2024
$598M
2024
Service exports
$17.2B
2024
$1.46B
2024
Imports of goods and services, % of GDP
12.7%
2024
n/a
Exports of goods and services, % of GDP
15.2%
2024
19%
2025

Economic freedom indices

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

Argentina Saint Lucia
Economic freedom 57.4 67.5
Economic freedom ranking 117/197 57/197
Property rights 41.2 64.3
Government integrity 41.2 59.7
Judicial effectiveness 58.2 77.3
Tax burden 67.8 77.7
Government spending 62.3 82.6
Fiscal health 72.2 80
Business freedom 56.8 71.9
Labor freedom 53.5 65.2
Monetary freedom 28.9 81
Trade freedom 67.4 60
Investment freedom 70 50
Financial freedom 70 40

Economic freedom comparison by year

Argentina
Saint Lucia
1x
Year Economic freedom index
Argentina Saint Lucia
2026 57.4 67.5
2025 54.2 67
2024 49.9 62.2
2023 51 60.7
2022 50.1 64.3
2021 52.7 67.5
2020 53.1 68.2
2019 52.2 68.7
2018 52.3 67.6
2017 50.4 65
2016 43.8 70
2015 44.1 70.2
2014 44.6 70.7
2013 46.7 70.4
2012 48 71.3
2011 51.7 70.8
2010 51.2 70.5
2009 52.3 68.8
2008 54.2 -
2007 54 -
2006 53.4 -
2005 51.7 -
2004 53.9 -
2003 56.3 -
2002 65.7 -
2001 68.6 -
2000 70 -
1999 70.6 -
1998 70.9 -
1997 73.3 -
1996 74.7 -
1995 68 -

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

GeoRank.org/economy/argentina/saint-lucia | CC BY

The Economic Freedom Index for Argentina is 57.4, ranking 117/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Argentina Saint Lucia
Services, % of GDP
53.7%
2024
75.9%
2024
Industry, % of GDP
24%
2024
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
5.81%
2024
1.13%
2024
GNI, Atlas method
$618B
2024
$2.27B
2024
GNI per capita, PPP
$29,800
2024
$24,840
2024
Total reserves including gold
$29.6B
2024
$406M
2024
Total reserves ranking
56/177
2024
162/177
2024
Net foreign direct investment
-$8.89B
2024
-$187M
2024
Net inflows of foreign direct investment
$11.6B
2024
$187M
2024
Net outflows of foreign direct investment
$2.76B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI
6.32%
2024
3.42%
2024
Poverty at national poverty lines
38.1%
2024
25%
2016
Gross capital formation, % of GDP
15.8%
2024
n/a

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/saint-lucia | 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 (1990–2024, 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 (2022–2023, 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.