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Economy of Australia vs Kenya compared: GDP & Debt

Updated on by Georank

Australia has a GDP of $1.8T compared to $136B for Kenya, ranking 15/197 and 62/197 by economy size, respectively.

Australia has $918B in government debt (51% of GDP), compared to $94.3B (69.3% of GDP) in Kenya.

Australia vs Kenya GDP by year

Australia
Kenya
1x
Year GDP, current $
Australia Kenya
2025 $1,798,518,933,689 $135,941,278,879
2024 $1,757,022,451,653 $120,397,537,850
2023 $1,734,451,264,656 $107,500,884,685
2022 $1,695,627,535,476 $114,448,978,153
2021 $1,560,617,493,203 $109,703,658,905
2020 $1,333,336,461,648 $100,657,505,751
2019 $1,398,349,602,956 $100,378,436,207
2018 $1,433,144,978,762 $92,202,979,985
2017 $1,330,890,554,614 $82,036,510,877
2016 $1,211,588,128,418 $74,815,144,164
2015 $1,356,805,839,936 $70,120,446,897
2014 $1,474,677,007,566 $68,285,796,514
2013 $1,583,737,461,925 $61,671,440,408
2012 $1,552,728,401,402 $56,396,704,672
2011 $1,402,939,868,653 $46,869,473,151
2010 $1,152,566,632,022 $45,405,615,064
2009 $931,761,689,771 $42,347,217,913
2008 $1,058,448,244,064 $35,895,153,328
2007 $856,603,595,823 $31,958,195,182
2006 $749,708,370,333 $25,825,512,284
2005 $696,811,489,613 $18,737,895,513
2004 $615,643,050,221 $16,095,337,094
2003 $468,517,181,130 $14,904,517,650
2002 $396,436,967,263 $13,147,736,899
2001 $380,360,222,861 $12,986,007,426
2000 $416,901,962,163 $12,705,350,098
1999 $390,347,787,943 $12,896,010,459
1998 $400,361,527,505 $14,093,998,844
1997 $436,321,902,767 $13,115,764,358
1996 $401,962,517,479 $12,045,865,396
1995 $368,725,126,225 $9,046,320,255
1994 $323,269,456,935 $7,148,148,564
1993 $312,568,858,910 $5,751,786,643
1992 $325,982,966,981 $8,209,120,763
1991 $326,416,407,861 $8,151,488,783
1990 $311,840,666,465 $8,572,359,038
1989 $300,264,309,002 $8,283,114,514
1988 $236,461,079,970 $8,355,380,879
1987 $189,726,707,253 $7,970,820,369
1986 $182,707,050,923 $7,239,126,568
1985 $180,861,108,959 $6,135,034,214
1984 $193,749,932,078 $6,191,437,070
1983 $177,523,719,680 $5,979,198,314
1982 $194,323,071,831 $6,431,579,357
1981 $177,151,979,566 $6,854,491,706
1980 $150,200,557,103 $7,265,315,820
1979 $135,093,718,051 $6,234,391,113
1978 $118,660,813,780 $5,303,735,111
1977 $110,504,702,914 $4,494,378,764
1976 $105,209,354,856 $3,474,542,392
1975 $97,440,939,506 $3,259,345,083
1974 $89,086,219,602 $2,969,958,812
1973 $63,923,126,201 $2,509,001,324
1972 $52,117,990,654 $2,107,279,157
1971 $45,283,847,245 $1,778,391,289
1970 $41,395,206,623 $1,603,447,359
1969 $36,738,245,878 $1,458,379,417
1968 $32,763,365,242 $1,353,295,459
1967 $30,487,524,878 $1,232,559,507
1966 $27,349,284,376 $1,164,519,674
1965 $26,014,244,162 $997,919,321
1964 $23,835,843,814 $998,759,334
1963 $21,573,443,452 $926,589,349
1962 $19,953,923,193 $868,111,401
1961 $19,713,123,154 $792,959,473
1960 $18,635,682,982 $791,265,459

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/kenya | CC BY

GDP per capita in Australia vs Kenya by year

Australia
GDP per capita

GDP per capita, PPP
Kenya
GDP per capita

GDP per capita, PPP
1x
Year Current $
Australia Kenya
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $65,130 - $2,363 -
2024 $64,610 $72,111 $2,133 $6,644
2023 $65,058 $72,273 $1,943 $6,317
2022 $65,170 $66,103 $2,110 $5,883
2021 $60,759 $58,327 $2,061 $5,339
2020 $51,983 $54,184 $1,928 $4,793
2019 $55,195 $52,886 $1,960 $4,687
2018 $57,410 $50,371 $1,836 $4,412
2017 $54,118 $48,565 $1,667 $4,177
2016 $50,084 $47,446 $1,554 $3,917
2015 $56,970 $46,465 $1,489 $3,678
2014 $62,817 $47,109 $1,483 $3,359
2013 $68,477 $46,123 $1,371 $3,106
2012 $68,301 $43,007 $1,285 $2,847
2011 $62,799 $42,153 $1,096 $2,750
2010 $52,314 $39,504 $1,092 $2,635
2009 $42,955 $40,434 $1,048 $2,480
2008 $49,811 $37,616 $916 $2,459
2007 $41,128 $36,708 $840 $2,481
2006 $36,659 $34,890 $700 $2,330
2005 $34,535 $33,090 $523 $2,189
2004 $30,886 $31,815 $464 $2,066
2003 $23,758 $30,167 $443 $1,975
2002 $20,335 $29,080 $403 $1,940
2001 $19,734 $27,688 $411 $1,961
2000 $21,909 $26,585 $415 $1,907
1999 $20,750 $25,531 $434 $1,910
1998 $21,516 $24,386 $488 $1,895
1997 $23,683 $23,142 $467 $1,865
1996 $22,056 $22,134 $441 $1,875
1995 $20,479 $21,050 $340 $1,818
1994 $18,156 $20,174 $276.4 $1,754
1993 $17,725 $19,220 $229 $1,723
1992 $18,650 $18,259 $337 $1,728
1991 $18,885 $17,839 $345 $1,756
1990 $18,274 $17,385 $374 $1,729
1989 $17,858 - $374 -
1988 $14,303 - $391 -
1987 $11,666 - $387 -
1986 $11,406 - $364 -
1985 $11,455 - $320 -
1984 $12,436 - $334 -
1983 $11,532 - $335 -
1982 $12,798 - $374 -
1981 $11,871 - $413 -
1980 $10,223 - $454 -
1979 $9,308 - $403 -
1978 $8,264 - $355 -
1977 $7,786 - $311 -
1976 $7,497 - $248.9 -
1975 $7,014 - $241.2 -
1974 $6,492 - $227.2 -
1973 $4,778 - $198.6 -
1972 $3,955 - $172.6 -
1971 $3,500 - $150.9 -
1970 $3,310 - $141 -
1969 $2,996 - $133.3 -
1968 $2,728 - $128.7 -
1967 $2,584 - $121.9 -
1966 $2,347 - $119.8 -
1965 $2,284 - $106.9 -
1964 $2,134 - $111.3 -
1963 $1,970 - $107.4 -
1962 $1,858 - $104.6 -
1961 $1,880 - $99.3 -
1960 $1,813 - $102.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/kenya | CC BY

Australia's GDP per capita is $65,130, ranking 14/197, compared to $2,363 in Kenya, ranking 154/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 22nd at $72,111, while Kenya ranks 149th at $6,644.

Economic indicators

Australia Kenya
Gross domestic product
$1.8T
2025
$136B
2025
GDP rank
15/197
2025
62/197
2025
GDP growth
1.35%
2024-2025
4.63%
2024-2025
GDP per capita
$65,130
2025
$2,363
2025
GDP per capita rank
14/197
2025
154/197
2025
GDP per capita, PPP
$72,111
2024
$6,644
2024
GDP per capita PPP rank
22/197
2024
149/197
2024
Government debt
$918B
2025
$94.3B
2025
Debt-to-GDP ratio
51%
2025
69.3%
2025
Government debt per person
$33,239
2025
$1,638
2025
Government debt per person rank
22/185
2025
126/185
2025
Average annual personal income after taxes
$50,637
2026
$2,538
2026
Market capitalization of domestic companies
$2.05T
2025
$22.8B
2025
Number of millionaires
1,634,000
2026
n/a
Number of billionaires
47
2026
n/a
Income share by richest 10%
25.9%
2020
30.9%
2022
Income share by poorest 10%
2.6%
2020
2.9%
2022
Government expenditure, % of GDP
39.5%
2025
24%
2025
Consumer prices inflation
2.87%
2024-2025
4.07%
2024-2025
Central bank interest rate
4.35%
2026
8.75%
2026
Unemployment rate
4.2%
2025
5.44%
2022
Population
28010980
59218766

Spending and national debt comparison by year

Australia
Spending

Debt
Kenya
Spending

Debt
1x
Year % of GDP
Australia Kenya
Government spending Government debt Government spending Government debt
2025 39.5% 51% 24% 69.3%
2024 38.7% 50.6% 23.2% 67.3%
2023 37.4% 49.4% 22.6% 73.4%
2022 37.4% 50% 23.1% 67.8%
2021 41.7% 55.4% 24% 68.2%
2020 44.3% 56.9% 24.8% 68%
2019 38.8% 46.5% 24.4% 59.1%
2018 36.7% 41.6% 24.5% 56.4%
2017 36.6% 41% 25.2% 53.9%
2016 37.1% 40.5% 25.3% 50.4%
2015 37.1% 37.6% 23.8% 45.8%
2014 36.6% 33.9% 23.4% 41.3%
2013 36.2% 30.3% 23.2% 39.8%
2012 36.4% 27.4% 22.1% 37.6%
2011 36.2% 24% 20.1% 35.7%
2010 36.8% 20.3% 21.5% 36.7%
2009 37.6% 16.6% 20.3% 36%
2008 35% 11.7% 18.9% 34.3%
2007 34.2% 9.65% 18.1% 34.2%
2006 34.5% 9.92% 17.3% 37.1%
2005 34.5% 10.8% 16.2% 37.4%
2004 34.8% 11.9% 15.4% 40.8%
2003 34.9% 13.2% 16% 43.8%
2002 34.9% 15% 15.7% 42%
2001 35.6% 17.1% 14.9% 41.3%
2000 35.1% 19.5% 14.1% 43.1%
1999 36.2% 22.5% 13.7% 38.4%
1998 34.6% 23.7% 15.3% 38.5%
1997 32.8% 25.9% 15.6% 36%
1996 33.5% 29.3% 15.2% 40.5%
1995 33.6% 31.1% 17.3% 52.1%
1994 33.7% 31.7% 18.8% 57%
1993 34.1% 30.6% 18.9% 61.6%
1992 34% 27.6% 17.6% 41.2%
1991 33% 21.6% 16.4% 43%
1990 30.4% 16.4% 17.2% 37.6%
1989 34.5% 17% 16.3% 33.4%
1988 34.6% 20.5% 15.9% 33.9%
1987 36% 25.2% 15.5% 36.3%
1986 38.4% 25.5% 15.3% 31.3%
1985 38.7% 24% 15.6% 28.8%
1984 38.4% 22.3% 14.9% 25.6%
1983 37% 21% 14.6% 26.1%
1982 36.7% 16.8% 16.2% 26.9%
1981 33.4% 19.1% - -
1980 33.2% 21.2% - -
1979 32.5% 22.8% - -
1978 33.2% 24.7% - -
1977 34.1% 23.6% - -
1976 33.3% 22.9% - -
1975 33% 23.6% - -
1974 30.9% 22.3% - -
1973 26.6% 27.3% - -
1972 27% 30.7% - -
1971 26.1% 32.2% - -
1970 25.3% 34.9% - -
1969 24.7% 36.7% - -
1968 25.3% 39.4% - -
1967 26.4% 40.5% - -
1966 25.6% 42.4% - -
1965 25.8% 43.7% - -
1964 23.5% 44.9% - -
1963 23% 47.5% - -
1962 22.7% 50.2% - -
1961 23.3% 49.3% - -
1960 21.8% 48.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-07-08).

GeoRank.org/economy/australia/kenya | CC BY

In 2025, Australia's government spending was $710B, accounting for 39.5% of its GDP, while Kenya spent $32.6B, or 24% of GDP.

Debt-to-GDP ratio is 51% in Australia and 69.3% in Kenya, ranking 104/185 and 59/185, respectively.

Government deficit by year

Deficit/surplus
Australia

Kenya
1x
Year Deficit/surplus, % of GDP
Australia Kenya
2025 -2.78% -6.41%
2024 -2.25% -5.74%
2023 -1.26% -5.61%
2022 -2.21% -6.01%
2021 -6.35% -7.2%
2020 -8.7% -8.13%
2019 -4.39% -7.4%
2018 -1.25% -6.91%
2017 -1.71% -7.37%
2016 -2.41% -7.45%
2015 -2.78% -6.68%
2014 -2.91% -5.75%
2013 -2.8% -5.25%
2012 -3.5% -5.29%
2011 -4.51% -3.64%
2010 -5.1% -3.67%
2009 -4.55% -3.12%
2008 -1.1% -1.95%
2007 1.47% -0.95%
2006 1.77% -0.43%
2005 1.7% -0.19%
2004 1.32% 0.5%
2003 1.05% -0.73%
2002 0.19% -1.29%
2001 -0.03% -0.53%
2000 1.25% 0.38%
1999 0.66% 0.84%
1998 -0.25% -0.03%
1997 -0.49% -0.91%
1996 -1.45% -0.49%
1995 -2.6% -0.23%
1994 -3.79% -4.14%
1993 -4.72% -8.57%
1992 -4.74% -8.28%
1991 -2.78% -6.56%
1990 -0.23% -3.28%
1989 -1.29% -2.39%
1988 -0.77% -1.97%
1987 -1.66% -2.27%
1986 -3.5% -2.98%
1985 -5.24% -3.05%
1984 -5.48% -2.55%
1983 -5.66% -2.17%
1982 -5.19% -3.07%
1981 -3.25% -
1980 -2.87% -
1979 -2.32% -
1978 -4.19% -
1977 -4.39% -
1976 -3.44% -
1975 -3.47% -
1974 -2.46% -
1973 0.16% -
1972 -0.97% -
1971 -0.23% -
1970 -0.23% -
1969 0.53% -
1968 -0.7% -
1967 -1.65% -
1966 -1.77% -
1965 -1.46% -
1964 0.19% -
1963 -0.26% -
1962 -0.38% -
1961 -0.78% -
1960 0.47% -
1959 0.06% -
1958 -0.25% -
1957 -0.33% -
1956 1% -
1955 0.08% -
1954 -0.27% -
1953 -0.86% -
1952 -0.44% -
1951 1.85% -
1950 4.29% -
1949 0.72% -
1948 2% -
1947 -0.45% -
1946 -4.09% -
1945 -8.87% -
1944 -11.8% -
1943 -12.4% -
1942 -5.17% -
1941 -2.14% -
1940 0.51% -
1939 0.77% -
1938 0.24% -
1937 0.28% -
1936 0.17% -
1935 0.24% -
1934 0.28% -
1933 0.28% -
1932 0.02% -
1931 -0.8% -
1930 -1% -
1929 -0.53% -
1928 -0.69% -
1927 -0.5% -
1926 -0.31% -
1925 -0.26% -
1924 -0.5% -
1923 -0.33% -
1922 -0.94% -
1921 -2% -
1920 -2.43% -
1919 -4.8% -
1918 -4.36% -
1917 -4.99% -
1916 -3.47% -
1915 -1.11% -
1914 -0.29% -
1913 0% -
1912 0.12% -
1911 0.39% -
1910 0.39% -
1909 0.37% -
1908 -0.15% -
1907 0.41% -
1906 0.23% -
1905 0.11% -
1904 -0.13% -
1903 -0.02% -
1902 0.16% -
1901 1.46% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/kenya | CC BY

In 2025, Australia's government deficit, the difference between spending and revenue, was $50B, equivalent to 2.78% of GDP. This compares to Kenya's deficit of $8.72B, or 6.41% of GDP.

Over the past 44 years, Australia recorded a fiscal deficit in 36 of those years, while Kenya ran a deficit in 41 years. On average, Australia posted an annual deficit equal to 2.3% of GDP, compared to deficit of 3.61% of GDP for Kenya.

Inflation comparison by year

Inflation
Australia

Kenya
1x
Year Consumer prices inflation
Australia Kenya
2025 2.87% 4.07%
2024 3.17% 4.49%
2023 5.6% 7.67%
2022 6.59% 7.66%
2021 2.86% 6.11%
2020 0.85% 5.41%
2019 1.61% 5.24%
2018 1.91% 4.69%
2017 1.95% 8.01%
2016 1.28% 6.3%
2015 1.51% 6.58%
2014 2.49% 6.88%
2013 2.45% 5.72%
2012 1.76% 9.38%
2011 3.3% 14%
2010 2.92% 3.96%
2009 1.77% 9.23%
2008 4.35% 26.2%
2007 2.33% 9.76%
2006 3.56% 14.5%
2005 2.69% 10.3%
2004 2.34% 11.6%
2003 2.73% 9.82%
2002 2.98% 1.96%
2001 4.41% 5.74%
2000 4.46% 9.98%
1999 1.48% 5.74%
1998 0.86% 6.72%
1997 0.22% 11.4%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/australia/kenya | CC BY

Over the past 29 years, Australia has recorded an average annual inflation rate of 2.67%, compared with 8.25% in Kenya. In 2025, inflation was 2.87% in Australia and 4.07% in Kenya.

Top exports between countries

Australia
Export category Export value
Raw agricultural goods $120M
Machinery & equipment $33.5M
Raw materials & minerals $6.23M
Metals $3.86M
Chemicals & pharma $1.74M
Processed food, beverages & tobacco $1.21M
Wood & paper products $764K
Textiles & consumer goods $615K
Miscellaneous $317K
Animal & marine products $54K
Kenya
Export category Export value
Raw agricultural goods $23.2M
Textiles & consumer goods $2.29M
Raw materials & minerals $1.13M
Processed food, beverages & tobacco $769K
Chemicals & pharma $244K
Precious metals & jewellery $39K
Wood & paper products $10K
Machinery & equipment $9K
Animal & marine products $3K
Metals $2K

Balance of trade

Australia Kenya
Current account balance
-$48.2B
2025
-$1.55B
2024
Current account balance ranking
187/190
2025
130/190
2024
Current account balance, % of GDP
-2.68%
2025
-1.29%
2024
Goods imports
$309B
2025
$22.2B
2024
Goods exports
$337B
2025
$12.5B
2024
Service imports
$116B
2025
$5.64B
2024
Service exports
$91.6B
2025
$8.04B
2024
Imports of goods and services, % of GDP
22.7%
2025
21.8%
2025
Exports of goods and services, % of GDP
23.2%
2025
15.8%
2025

Economic freedom indices

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

Australia Kenya
Economic freedom 80.1 55.5
Economic freedom ranking 5/197 128/197
Property rights 88.2 40.2
Government integrity 88.1 32.7
Judicial effectiveness 96.3 47
Tax burden 61.8 76.3
Government spending 56.6 84.1
Fiscal health 89 36.2
Business freedom 92.3 61.5
Labor freedom 61.5 56.5
Monetary freedom 77.2 75.1
Trade freedom 89.8 52
Investment freedom 80 55
Financial freedom 80 50

Economic freedom comparison by year

Australia
Kenya
1x
Year Economic freedom index
Australia Kenya
2026 80.1 55.5
2025 79.3 54.8
2024 76.2 53.6
2023 74.8 52.5
2022 77.7 52.6
2021 82.4 54.9
2020 82.6 55.3
2019 80.9 55.1
2018 80.9 54.7
2017 81 53.5
2016 80.3 57.5
2015 81.4 55.6
2014 82 57.1
2013 82.6 55.9
2012 83.1 57.5
2011 82.5 57.4
2010 82.6 57.5
2009 82.6 58.7
2008 82.2 59.3
2007 81.1 59.6
2006 79.9 59.7
2005 79 57.9
2004 77.9 57.7
2003 77.4 58.6
2002 77.3 58.2
2001 77.4 57.6
2000 77.1 59.7
1999 76.4 58.2
1998 75.6 58.4
1997 75.5 60.1
1996 74 56.4
1995 74.1 54.5

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

GeoRank.org/economy/australia/kenya | CC BY

The Economic Freedom Index for Australia is 80.1, ranking 5/197, compared to 55.5 for Kenya, ranking 128/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Australia Kenya
Services, % of GDP
67.5%
2025
55.1%
2025
Industry, % of GDP
23.9%
2025
16.3%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
23.2%
2025
GNI, Atlas method
$1.77T
2025
$127B
2025
GNI per capita, PPP
$69,930
2025
$6,910
2025
Total reserves including gold
$72.6B
2025
$12.4B
2025
Total reserves ranking
37/177
2025
76/177
2025
Net foreign direct investment
-$41.1B
2025
-$45.8M
2024
Net inflows of foreign direct investment
$53.7B
2024
$463M
2024
Net outflows of foreign direct investment
$13.9B
2024
$418M
2024
Servicing debt to the IMF, % of GNI n/a
4.82%
2024
Poverty at national poverty lines n/a
39.8%
2022
Gross capital formation, % of GDP
24.5%
2025
17%
2025

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/australia/kenya | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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.