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Economy of Australia vs Mauritius compared: GDP & Debt

Updated on by Georank

Australia has a GDP of $1.8T compared to $16.2B for Mauritius, ranking 15/197 and 144/197 by economy size, respectively.

Australia has $918B in government debt (51% of GDP), compared to $14B (86.5% of GDP) in Mauritius.

Australia vs Mauritius GDP by year

Australia
Mauritius
1x
Year GDP, current $
Australia Mauritius
2025 $1,798,518,933,689 $16,157,804,492
2024 $1,757,022,451,653 $14,938,055,690
2023 $1,734,451,264,656 $14,072,212,290
2022 $1,695,627,535,476 $12,936,444,123
2021 $1,560,617,493,203 $11,622,048,697
2020 $1,333,336,461,648 $11,566,111,138
2019 $1,398,349,602,956 $14,645,235,205
2018 $1,433,144,978,762 $14,957,535,716
2017 $1,330,890,554,614 $13,896,938,315
2016 $1,211,588,128,418 $12,757,680,847
2015 $1,356,805,839,936 $12,162,211,503
2014 $1,474,677,007,566 $13,230,490,082
2013 $1,583,737,461,925 $12,434,596,541
2012 $1,552,728,401,402 $11,832,323,837
2011 $1,402,939,868,653 $11,677,718,382
2010 $1,152,566,632,022 $10,144,716,155
2009 $931,761,689,771 $9,264,482,256
2008 $1,058,448,244,064 $10,127,741,915
2007 $856,603,595,823 $8,277,474,850
2006 $749,708,370,333 $7,137,710,413
2005 $696,811,489,613 $6,576,108,447
2004 $615,643,050,221 $6,667,418,752
2003 $468,517,181,130 $5,894,873,920
2002 $396,436,967,263 $4,906,494,249
2001 $380,360,222,861 $4,675,755,867
2000 $416,901,962,163 $4,726,108,622
1999 $390,347,787,943 $4,402,193,195
1998 $400,361,527,505 $4,225,813,976
1997 $436,321,902,767 $4,243,755,308
1996 $401,962,517,479 $4,481,489,762
1995 $368,725,126,225 $4,094,741,652
1994 $323,269,456,935 $3,606,050,873
1993 $312,568,858,910 $3,307,302,126
1992 $325,982,966,981 $3,267,677,814
1991 $326,416,407,861 $2,895,354,736
1990 $311,840,666,465 $2,689,212,760
1989 $300,264,309,002 $2,211,312,823
1988 $236,461,079,970 $2,163,252,449
1987 $189,726,707,253 $1,906,174,438
1986 $182,707,050,923 $1,482,601,552
1985 $180,861,108,959 $1,090,611,325
1984 $193,749,932,078 $1,054,564,759
1983 $177,523,719,680 $1,104,956,573
1982 $194,323,071,831 $1,092,923,636
1981 $177,151,979,566 $1,157,769,444
1980 $150,200,557,103 $1,147,027,924
1979 $135,093,718,051 $1,227,446,632
1978 $118,660,813,780 $1,029,040,323
1977 $110,504,702,914 $834,722,972
1976 $105,209,354,856 $713,510,052
1975 $97,440,939,506 $673,311,287
1974 $89,086,219,602 $669,894,030
1973 $63,923,126,201 $404,285,775
1972 $52,117,990,654 $318,664,900
1971 $45,283,847,245 $251,437,338
1970 $41,395,206,623 $224,125,805
1969 $36,738,245,878 $221,553,613
1968 $32,763,365,242 $206,576,631
1967 $30,487,524,878 $238,439,291
1966 $27,349,284,376 $227,534,083
1965 $26,014,244,162 $230,024,161
1964 $23,835,843,814 $218,914,569
1963 $21,573,443,452 $253,839,558
1962 $19,953,923,193 $197,738,208
1961 $19,713,123,154 $191,757,729
1960 $18,635,682,982 $162,089,564

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

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

GDP per capita in Australia vs Mauritius by year

Australia
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Australia Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $65,130 - $12,991 -
2024 $64,610 $72,111 $11,991 $31,840
2023 $65,058 $72,273 $11,270 $29,561
2022 $65,170 $66,103 $10,247 $26,874
2021 $60,759 $58,327 $9,178 $23,010
2020 $51,983 $54,184 $9,136 $21,622
2019 $55,195 $52,886 $11,568 $24,375
2018 $57,410 $50,371 $11,819 $23,416
2017 $54,118 $48,565 $10,987 $22,898
2016 $50,084 $47,446 $10,095 $21,952
2015 $56,970 $46,465 $9,631 $20,270
2014 $62,817 $47,109 $10,490 $19,294
2013 $68,477 $46,123 $9,877 $18,435
2012 $68,301 $43,007 $9,422 $17,259
2011 $62,799 $42,153 $9,324 $16,884
2010 $52,314 $39,504 $8,113 $15,920
2009 $42,955 $40,434 $7,427 $15,105
2008 $49,811 $37,616 $8,140 $14,569
2007 $41,128 $36,708 $6,677 $13,612
2006 $36,659 $34,890 $5,784 $12,593
2005 $34,535 $33,090 $5,354 $11,703
2004 $30,886 $31,815 $5,461 $11,216
2003 $23,758 $30,167 $4,858 $10,535
2002 $20,335 $29,080 $4,073 $9,824
2001 $19,734 $27,688 $3,909 $9,586
2000 $21,909 $26,585 $3,982 $9,143
1999 $20,750 $25,531 $3,746 $8,344
1998 $21,516 $24,386 $3,642 $8,121
1997 $23,683 $23,142 $3,696 $7,651
1996 $22,056 $22,134 $3,952 $7,206
1995 $20,479 $21,050 $3,648 $6,771
1994 $18,156 $20,174 $3,240 $6,414
1993 $17,725 $19,220 $3,014 $6,116
1992 $18,650 $18,259 $3,013 $5,753
1991 $18,885 $17,839 $2,705 $5,351
1990 $18,274 $17,385 $2,540 $5,010
1989 $17,858 - $2,103 -
1988 $14,303 - $2,074 -
1987 $11,666 - $1,840 -
1986 $11,406 - $1,442 -
1985 $11,455 - $1,069 -
1984 $12,436 - $1,042 -
1983 $11,532 - $1,103 -
1982 $12,798 - $1,101 -
1981 $11,871 - $1,181 -
1980 $10,223 - $1,187 -
1979 $9,308 - $1,292 -
1978 $8,264 - $1,102 -
1977 $7,786 - $906 -
1976 $7,497 - $787 -
1975 $7,014 - $755 -
1974 $6,492 - $763 -
1973 $4,778 - $467 -
1972 $3,955 - $374 -
1971 $3,500 - $299.6 -
1970 $3,310 - $271.3 -
1969 $2,996 - $272.7 -
1968 $2,728 - $258.7 -
1967 $2,584 - $304 -
1966 $2,347 - $296 -
1965 $2,284 - $305 -
1964 $2,134 - $297.3 -
1963 $1,970 - $353 -
1962 $1,858 - $282.3 -
1961 $1,880 - $281.7 -
1960 $1,813 - $238.3 -

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

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

Australia's GDP per capita is $65,130, ranking 14/197, compared to $12,991 in Mauritius, ranking 80/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 22nd at $72,111, while Mauritius ranks 71st at $31,840.

Economic indicators

Australia Mauritius
Gross domestic product
$1.8T
2025
$16.2B
2025
GDP rank
15/197
2025
144/197
2025
GDP growth
1.35%
2024-2025
3.15%
2024-2025
GDP per capita
$65,130
2025
$12,991
2025
GDP per capita rank
14/197
2025
80/197
2025
GDP per capita, PPP
$72,111
2024
$31,840
2024
GDP per capita PPP rank
22/197
2024
71/197
2024
Government debt
$918B
2025
$14B
2025
Debt-to-GDP ratio
51%
2025
86.5%
2025
Government debt per person
$33,239
2025
$11,233
2025
Government debt per person rank
22/185
2025
55/185
2025
Average annual personal income after taxes
$50,637
2026
$8,169
2026
Market capitalization of domestic companies
$2.05T
2025
$8.89B
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
29.9%
2017
Income share by poorest 10%
2.6%
2020
2.9%
2017
Government expenditure, % of GDP
39.5%
2025
31.4%
2025
Consumer prices inflation
2.87%
2024-2025
3.67%
2024-2025
Central bank interest rate
4.35%
2026
4.5%
2025
Unemployment rate
4.2%
2025
5.21%
2024
Population
28010980
1240721

Spending and national debt comparison by year

Australia
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Australia Mauritius
Government spending Government debt Government spending Government debt
2025 39.5% 51% 31.4% 86.5%
2024 38.7% 50.6% 32.6% 86.1%
2023 37.4% 49.4% 28.5% 81.5%
2022 37.4% 50% 27.6% 81.8%
2021 41.7% 55.4% 28.3% 86.1%
2020 44.3% 56.9% 32.1% 91.9%
2019 38.8% 46.5% 30.2% 81.1%
2018 36.7% 41.6% 23.9% 63.1%
2017 36.6% 41% 23.6% 61.3%
2016 37.1% 40.5% 23.3% 62.6%
2015 37.1% 37.6% 23.7% 63%
2014 36.6% 33.9% 22.5% 59.1%
2013 36.2% 30.3% 23.4% 56.5%
2012 36.4% 27.4% 21.9% 54.2%
2011 36.2% 24% 23% 54.9%
2010 36.8% 20.3% 23.2% 54.4%
2009 37.6% 16.6% 24.5% 56.8%
2008 35% 11.7% 22.4% 48.8%
2007 34.2% 9.65% 20.4% 48.8%
2006 34.5% 9.92% 20.7% 55.3%
2005 34.5% 10.8% 21.8% 58.3%
2004 34.8% 11.9% 21.9% 59.4%
2003 34.9% 13.2% 22.2% 66.9%
2002 34.9% 15% 22% 63%
2001 35.6% 17.1% 21.5% 58.2%
2000 35.1% 19.5% 21.2% 56.9%
1999 36.2% 22.5% 25.9% -
1998 34.6% 23.7% - -
1997 32.8% 25.9% - -
1996 33.5% 29.3% - -
1995 33.6% 31.1% - -
1994 33.7% 31.7% - -
1993 34.1% 30.6% - -
1992 34% 27.6% - -
1991 33% 21.6% - -
1990 30.4% 16.4% - -
1989 34.5% 17% - -
1988 34.6% 20.5% - -
1987 36% 25.2% - -
1986 38.4% 25.5% - -
1985 38.7% 24% - -
1984 38.4% 22.3% - -
1983 37% 21% - -
1982 36.7% 16.8% - -
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 (1960–1989, retrieved 2026-07-08).

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

In 2025, Australia's government spending was $710B, accounting for 39.5% of its GDP, while Mauritius spent $5.07B, or 31.4% of GDP.

Debt-to-GDP ratio is 51% in Australia and 86.5% in Mauritius, ranking 104/185 and 34/185, respectively.

Government deficit by year

Deficit/surplus
Australia

Mauritius
1x
Year Deficit/surplus, % of GDP
Australia Mauritius
2025 -2.78% -3.69%
2024 -2.25% -6.84%
2023 -1.26% -4.48%
2022 -2.21% -3.15%
2021 -6.35% -4.08%
2020 -8.7% -10.5%
2019 -4.39% -8.19%
2018 -1.25% -2.15%
2017 -1.71% -1.62%
2016 -2.41% -2.74%
2015 -2.78% -3.48%
2014 -2.91% -3.05%
2013 -2.8% -3.3%
2012 -3.5% -1.73%
2011 -4.51% -3%
2010 -5.1% -2.96%
2009 -4.55% -3.32%
2008 -1.1% -2.63%
2007 1.47% -2.92%
2006 1.77% -3.86%
2005 1.7% -4.2%
2004 1.32% -4.22%
2003 1.05% -4.55%
2002 0.19% -4.89%
2001 -0.03% -5.32%
2000 1.25% -4.19%
1999 0.66% -
1998 -0.25% -
1997 -0.49% -
1996 -1.45% -
1995 -2.6% -
1994 -3.79% -
1993 -4.72% -
1992 -4.74% -
1991 -2.78% -
1990 -0.23% -
1989 -1.29% -
1988 -0.77% -
1987 -1.66% -
1986 -3.5% -
1985 -5.24% -
1984 -5.48% -
1983 -5.66% -
1982 -5.19% -
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/mauritius | 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 Mauritius' deficit of $596M, or 3.69% of GDP.

Over the past 26 years, Australia recorded a fiscal deficit in 19 of those years, while Mauritius ran a deficit in 26 years. On average, Australia posted an annual deficit equal to 1.99% of GDP, compared to deficit of 4.04% of GDP for Mauritius.

Inflation comparison by year

Inflation
Australia

Mauritius
1x
Year Consumer prices inflation
Australia Mauritius
2025 2.87% 3.67%
2024 3.17% 3.6%
2023 5.6% 7.05%
2022 6.59% 10.8%
2021 2.86% 4.03%
2020 0.85% 2.58%
2019 1.61% 0.41%
2018 1.91% 3.22%
2017 1.95% 3.67%
2016 1.28% 0.98%
2015 1.51% 1.29%
2014 2.49% 3.22%
2013 2.45% 3.54%
2012 1.76% 3.85%
2011 3.3% 6.52%
2010 2.92% 2.93%
2009 1.77% 2.52%
2008 4.35% 9.73%
2007 2.33% 8.83%
2006 3.56% 8.91%
2005 2.69% 4.94%
2004 2.34% 4.71%
2003 2.73% 3.92%
2002 2.98% 6.42%
2001 4.41% 5.39%
2000 4.46% 4.2%
1999 1.48% 6.91%
1998 0.86% 6.81%
1997 0.22% 6.83%

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

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

Over the past 29 years, Australia has recorded an average annual inflation rate of 2.67%, compared with 4.88% in Mauritius. In 2025, inflation was 2.87% in Australia and 3.67% in Mauritius.

Top exports between countries

Australia
Export category Export value
Animal & marine products $58.6M
Raw agricultural goods $18.9M
Processed food, beverages & tobacco $9.52M
Raw materials & minerals $3.44M
Chemicals & pharma $2.64M
Machinery & equipment $2.61M
Textiles & consumer goods $2.43M
Metals $1.73M
Wood & paper products $149K
Miscellaneous $27K
Mauritius
Export category Export value
Processed food, beverages & tobacco $3.78M
Animal & marine products $1.67M
Machinery & equipment $328K
Raw agricultural goods $212K
Textiles & consumer goods $145K
Miscellaneous $50K
Chemicals & pharma $28K
Metals $24K
Raw materials & minerals $14K
Wood & paper products $11K

Balance of trade

Australia Mauritius
Current account balance
-$48.2B
2025
-$1.05B
2024
Current account balance ranking
187/190
2025
119/190
2024
Current account balance, % of GDP
-2.68%
2025
-7.03%
2024
Goods imports
$309B
2025
$6.35B
2024
Goods exports
$337B
2025
$2.37B
2024
Service imports
$116B
2025
$2.28B
2024
Service exports
$91.6B
2025
$4.19B
2024
Imports of goods and services, % of GDP
22.7%
2025
74.9%
2025
Exports of goods and services, % of GDP
23.2%
2025
65%
2025

Economic freedom indices

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

Australia Mauritius
Economic freedom 80.1 73
Economic freedom ranking 5/197 26/197
Property rights 88.2 83.9
Government integrity 88.1 53.4
Judicial effectiveness 96.3 80.7
Tax burden 61.8 89.6
Government spending 56.6 73.8
Fiscal health 89 45.5
Business freedom 92.3 81.5
Labor freedom 61.5 69.6
Monetary freedom 77.2 70.7
Trade freedom 89.8 87
Investment freedom 80 70
Financial freedom 80 70

Economic freedom comparison by year

Australia
Mauritius
1x
Year Economic freedom index
Australia Mauritius
2026 80.1 73
2025 79.3 75
2024 76.2 71.5
2023 74.8 70.6
2022 77.7 70.9
2021 82.4 77
2020 82.6 74.9
2019 80.9 73
2018 80.9 75.1
2017 81 74.7
2016 80.3 74.7
2015 81.4 76.4
2014 82 76.5
2013 82.6 76.9
2012 83.1 77
2011 82.5 76.2
2010 82.6 76.3
2009 82.6 74.3
2008 82.2 72.6
2007 81.1 69.4
2006 79.9 67.4
2005 79 67.2
2004 77.9 64.3
2003 77.4 64.4
2002 77.3 67.7
2001 77.4 66.4
2000 77.1 67.2
1999 76.4 68.5
1998 75.6 -
1997 75.5 -
1996 74 -
1995 74.1 -

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

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

The Economic Freedom Index for Australia is 80.1, ranking 5/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Australia Mauritius
Services, % of GDP
67.5%
2025
63.9%
2025
Industry, % of GDP
23.9%
2025
17.7%
2025
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
4.62%
2025
GNI, Atlas method
$1.77T
2025
$17.5B
2025
GNI per capita, PPP
$69,930
2025
$37,000
2025
Total reserves including gold
$72.6B
2025
$10.3B
2025
Total reserves ranking
37/177
2025
77/177
2025
Net foreign direct investment
-$41.1B
2025
$963M
2024
Net inflows of foreign direct investment
$53.7B
2024
$681M
2024
Net outflows of foreign direct investment
$13.9B
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI n/a
10.1%
2024
Poverty at national poverty lines n/a
8.4%
2023
Gross capital formation, % of GDP
24.5%
2025
19.9%
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/mauritius | 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)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1901–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, 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.