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Economy of Australia vs Suriname compared: GDP & Debt

Updated on by Georank

Australia has a GDP of $1.8T compared to $4.52B for Suriname, ranking 15/197 and 165/197 by economy size, respectively.

Australia has $918B in government debt (51% of GDP), compared to $4.79B (105.8% of GDP) in Suriname.

Australia vs Suriname GDP by year

Australia
Suriname
1x
Year GDP, current $
Australia Suriname
2025 $1,798,518,933,689 $4,523,657,797
2024 $1,757,022,451,653 $4,416,775,113
2023 $1,734,451,264,656 $3,472,693,412
2022 $1,695,627,535,476 $3,791,603,200
2021 $1,560,617,493,203 $3,107,923,198
2020 $1,333,336,461,648 $2,911,807,496
2019 $1,398,349,602,956 $4,016,040,575
2018 $1,433,144,978,762 $3,996,198,867
2017 $1,330,890,554,614 $3,591,679,431
2016 $1,211,588,128,418 $3,317,421,648
2015 $1,356,805,839,936 $5,126,237,646
2014 $1,474,677,007,566 $5,240,606,061
2013 $1,583,737,461,925 $5,145,757,576
2012 $1,552,728,401,402 $4,980,000,000
2011 $1,402,939,868,653 $4,422,276,622
2010 $1,152,566,632,022 $4,368,370,998
2009 $931,761,689,771 $3,875,409,836
2008 $1,058,448,244,064 $3,532,969,035
2007 $856,603,595,823 $2,936,612,022
2006 $749,708,370,333 $2,626,380,435
2005 $696,811,489,613 $1,793,410,397
2004 $615,643,050,221 $1,484,092,538
2003 $468,517,181,130 $1,274,190,311
2002 $396,436,967,263 $1,093,574,468
2001 $380,360,222,861 $834,279,358
2000 $416,901,962,163 $947,671,970
1999 $390,347,787,943 $886,290,698
1998 $400,361,527,505 $1,110,850,000
1997 $436,321,902,767 $926,422,500
1996 $401,962,517,479 $861,372,806
1995 $368,725,126,225 $691,590,498
1994 $323,269,456,935 $605,492,537
1993 $312,568,858,910 $428,764,706
1992 $325,982,966,981 $404,600,000
1991 $326,416,407,861 $448,100,000
1990 $311,840,666,465 $388,400,000
1989 $300,264,309,002 $542,600,000
1988 $236,461,079,970 $1,161,000,000
1987 $189,726,707,253 $980,000,000
1986 $182,707,050,923 $891,000,000
1985 $180,861,108,959 $873,000,000
1984 $193,749,932,078 $864,000,000
1983 $177,523,719,680 $883,500,000
1982 $194,323,071,831 $915,000,000
1981 $177,151,979,566 $889,000,000
1980 $150,200,557,103 $795,000,000
1979 $135,093,718,051 $782,500,000
1978 $118,660,813,780 $735,500,000
1977 $110,504,702,914 $641,500,000
1976 $105,209,354,856 $505,500,000
1975 $97,440,939,506 $465,500,000
1974 $89,086,219,602 $409,850,000
1973 $63,923,126,201 $339,450,000
1972 $52,117,990,654 $311,950,000
1971 $45,283,847,245 $301,000,000
1970 $41,395,206,623 $274,900,000
1969 $36,738,245,878 $259,650,000
1968 $32,763,365,242 $241,350,000
1967 $30,487,524,878 $220,700,000
1966 $27,349,284,376 $190,350,000
1965 $26,014,244,162 $154,150,000
1964 $23,835,843,814 $134,400,000
1963 $21,573,443,452 $125,950,000
1962 $19,953,923,193 $116,150,000
1961 $19,713,123,154 $107,700,000
1960 $18,635,682,982 $99,650,000

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

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

GDP per capita in Australia vs Suriname by year

Australia
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Australia Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $65,130 - $7,070 -
2024 $64,610 $72,111 $6,962 $21,801
2023 $65,058 $72,273 $5,522 $21,110
2022 $65,170 $66,103 $6,084 $20,079
2021 $60,759 $58,327 $5,030 $18,458
2020 $51,983 $54,184 $4,755 $16,947
2019 $55,195 $52,886 $6,630 $19,772
2018 $57,410 $50,371 $6,666 $17,855
2017 $54,118 $48,565 $6,050 $17,568
2016 $50,084 $47,446 $5,644 $14,475
2015 $56,970 $46,465 $8,814 $16,544
2014 $62,817 $47,109 $9,108 $16,598
2013 $68,477 $46,123 $9,043 $16,173
2012 $68,301 $43,007 $8,851 $15,185
2011 $62,799 $42,153 $7,950 $13,926
2010 $52,314 $39,504 $7,944 $13,039
2009 $42,955 $40,434 $7,130 $12,393
2008 $49,811 $37,616 $6,576 $12,097
2007 $41,128 $36,708 $5,530 $11,530
2006 $36,659 $34,890 $5,003 $10,803
2005 $34,535 $33,090 $3,453 $10,014
2004 $30,886 $31,815 $2,888 $9,389
2003 $23,758 $30,167 $2,516 $8,552
2002 $20,335 $29,080 $2,202 $8,046
2001 $19,734 $27,688 $1,715 $7,865
2000 $21,909 $26,585 $1,988 $7,535
1999 $20,750 $25,531 $1,898 $7,367
1998 $21,516 $24,386 $2,429 $7,521
1997 $23,683 $23,142 $2,068 $7,422
1996 $22,056 $22,134 $1,963 $7,048
1995 $20,479 $21,050 $1,610 $7,000
1994 $18,156 $20,174 $1,434 $6,973
1993 $17,725 $19,220 $1,022 $6,650
1992 $18,650 $18,259 $969 $6,992
1991 $18,885 $17,839 $1,080 $6,852
1990 $18,274 $17,385 $942 $6,493
1989 $17,858 - $1,329 -
1988 $14,303 - $2,886 -
1987 $11,666 - $2,469 -
1986 $11,406 - $2,271 -
1985 $11,455 - $2,256 -
1984 $12,436 - $2,261 -
1983 $11,532 - $2,333 -
1982 $12,798 - $2,430 -
1981 $11,871 - $2,368 -
1980 $10,223 - $2,118 -
1979 $9,308 - $2,072 -
1978 $8,264 - $1,928 -
1977 $7,786 - $1,666 -
1976 $7,497 - $1,302 -
1975 $7,014 - $1,190 -
1974 $6,492 - $1,041 -
1973 $4,778 - $858 -
1972 $3,955 - $785 -
1971 $3,500 - $768 -
1970 $3,310 - $724 -
1969 $2,996 - $708 -
1968 $2,728 - $681 -
1967 $2,584 - $644 -
1966 $2,347 - $575 -
1965 $2,284 - $482 -
1964 $2,134 - $435 -
1963 $1,970 - $424 -
1962 $1,858 - $409 -
1961 $1,880 - $395 -
1960 $1,813 - $378 -

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

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

Australia's GDP per capita is $65,130, ranking 14/197, compared to $7,070 in Suriname, ranking 104/197. Adjusted for purchasing power (GDP per capita PPP), Australia ranks 22nd at $72,111, while Suriname ranks 89th at $21,801.

Economic indicators

Australia Suriname
Gross domestic product
$1.8T
2025
$4.52B
2025
GDP rank
15/197
2025
165/197
2025
GDP growth
1.35%
2024-2025
1.79%
2024-2025
GDP per capita
$65,130
2025
$7,070
2025
GDP per capita rank
14/197
2025
104/197
2025
GDP per capita, PPP
$72,111
2024
$21,801
2024
GDP per capita PPP rank
22/197
2024
89/197
2024
Government debt
$918B
2025
$4.79B
2025
Debt-to-GDP ratio
51%
2025
105.8%
2025
Government debt per person
$33,239
2025
$7,483
2025
Government debt per person rank
22/185
2025
69/185
2025
Average annual personal income after taxes
$50,637
2026
$3,363
2026
Market capitalization of domestic companies
$2.05T
2025
n/a
Number of millionaires
1,634,000
2026
n/a
Number of billionaires
47
2026
n/a
Income share by richest 10%
25.9%
2020
30.1%
2022
Income share by poorest 10%
2.6%
2020
2.2%
2022
Government expenditure, % of GDP
39.5%
2025
37.3%
2025
Consumer prices inflation
2.87%
2024-2025
9.21%
2024-2025
Central bank interest rate
4.35%
2026
10%
2013
Unemployment rate
4.2%
2025
7.92%
2016
Population
28010980
648096

Spending and national debt comparison by year

Australia
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Australia Suriname
Government spending Government debt Government spending Government debt
2025 39.5% 51% 37.3% 105.8%
2024 38.7% 50.6% 29.3% 88%
2023 37.4% 49.4% 28.9% 97.7%
2022 37.4% 50% 28.2% 111.7%
2021 41.7% 55.4% 32% 115.8%
2020 44.3% 56.9% 30.2% 146.4%
2019 38.8% 46.5% 40.5% 84%
2018 36.7% 41.6% 29.5% 68.6%
2017 36.6% 41% 28.7% 73%
2016 37.1% 40.5% 27.9% 75.4%
2015 37.1% 37.6% 29.9% 41.2%
2014 36.6% 33.9% 25.2% 25.2%
2013 36.2% 30.3% 26.2% 27.9%
2012 36.4% 27.4% 25.1% 20.1%
2011 36.2% 24% 21% 18.7%
2010 36.8% 20.3% 21% 17.3%
2009 37.6% 16.6% 24% 14.6%
2008 35% 11.7% 20.5% 14.8%
2007 34.2% 9.65% 22.6% 16.4%
2006 34.5% 9.92% 22.2% 22.5%
2005 34.5% 10.8% 22.2% 27.1%
2004 34.8% 11.9% 20.8% 29.4%
2003 34.9% 13.2% 19.2% 31.5%
2002 34.9% 15% 22.2% 37.4%
2001 35.6% 17.1% 21.8% 37.2%
2000 35.1% 19.5% 24.4% 48.4%
1999 36.2% 22.5% 19.6% 32.3%
1998 34.6% 23.7% 30.3% 21.6%
1997 32.8% 25.9% 21.1% 16.8%
1996 33.5% 29.3% 21.4% 11.8%
1995 33.6% 31.1% 20.2% 16.3%
1994 33.7% 31.7% 19.8% 30.5%
1993 34.1% 30.6% 21.2% 51.1%
1992 34% 27.6% 24.4% 64.4%
1991 33% 21.6% 26.6% 75.7%
1990 30.4% 16.4% 22.7% 72.9%
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/suriname | CC BY

In 2025, Australia's government spending was $710B, accounting for 39.5% of its GDP, while Suriname spent $1.69B, or 37.3% of GDP.

Debt-to-GDP ratio is 51% in Australia and 105.8% in Suriname, ranking 104/185 and 18/185, respectively.

Government deficit by year

Deficit/surplus
Australia

Suriname
1x
Year Deficit/surplus, % of GDP
Australia Suriname
2025 -2.78% -9.61%
2024 -2.25% -3.36%
2023 -1.26% -1.67%
2022 -2.21% -2.57%
2021 -6.35% -5.66%
2020 -8.7% -12%
2019 -4.39% -20.2%
2018 -1.25% -8.56%
2017 -1.71% -8.62%
2016 -2.41% -10.2%
2015 -2.78% -8.29%
2014 -2.91% -2.65%
2013 -2.8% -2.64%
2012 -3.5% -0.38%
2011 -4.51% 2.32%
2010 -5.1% -0.15%
2009 -4.55% 2.03%
2008 -1.1% 2.39%
2007 1.47% 5.01%
2006 1.77% 0.59%
2005 1.7% -3.39%
2004 1.32% -1.2%
2003 1.05% -0.11%
2002 0.19% -3.3%
2001 -0.03% 3.49%
2000 1.25% -7.76%
1999 0.66% -4.92%
1998 -0.25% -6.39%
1997 -0.49% -0.32%
1996 -1.45% 3.42%
1995 -2.6% 1.17%
1994 -3.79% -1.89%
1993 -4.72% -4.68%
1992 -4.74% -6.45%
1991 -2.78% -9.8%
1990 -0.23% -3.04%
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/suriname | 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 Suriname's deficit of $435M, or 9.61% of GDP.

Over the past 36 years, Australia recorded a fiscal deficit in 28 of those years, while Suriname ran a deficit in 28 years. On average, Australia posted an annual deficit equal to 2.01% of GDP, compared to deficit of 3.59% of GDP for Suriname.

Inflation comparison by year

Inflation
Australia

Suriname
1x
Year Consumer prices inflation
Australia Suriname
2025 2.87% 9.21%
2024 3.17% 16.2%
2023 5.6% 51.6%
2022 6.59% 52.4%
2021 2.86% 59.1%
2020 0.85% 34.9%
2019 1.61% -
2018 1.91% -
2017 1.95% 22%
2016 1.28% 55.4%
2015 1.51% 6.89%
2014 2.49% 3.38%
2013 2.45% 1.92%
2012 1.76% 5.01%
2011 3.3% 17.7%
2010 2.92% 6.94%
2009 1.77% -0.13%
2008 4.35% 14.7%
2007 2.33% 6.43%
2006 3.56% 11.3%
2005 2.69% 9.9%
2004 2.34% 9.99%
2003 2.73% 23%
2002 2.98% 15.5%
2001 4.41% 38.6%
2000 4.46% 59.4%
1999 1.48% 98.8%
1998 0.86% 19%
1997 0.22% 7.15%

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

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

Over the past 29 years, Australia has recorded an average annual inflation rate of 2.67%, compared with 24.3% in Suriname. In 2025, inflation was 2.87% in Australia and 9.21% in Suriname.

Top exports between countries

Australia
Export category Export value
Machinery & equipment $5.05M
Chemicals & pharma $532K
Metals $444K
Textiles & consumer goods $151K
Raw materials & minerals $96K
Processed food, beverages & tobacco $83K
Miscellaneous $64K
Raw agricultural goods $46K
Wood & paper products $18K
Suriname
Export category Export value
Raw materials & minerals $154K
Processed food, beverages & tobacco $62K
Machinery & equipment $59K
Metals $17K
Wood & paper products $9K
Miscellaneous $8K
Animal & marine products $3K

Balance of trade

Australia Suriname
Current account balance
-$48.2B
2025
-$2.48B
2025
Current account balance ranking
187/190
2025
146/190
2025
Current account balance, % of GDP
-2.68%
2025
-54.9%
2025
Goods imports
$309B
2025
$1.91B
2025
Goods exports
$337B
2025
$2.97B
2025
Service imports
$116B
2025
$3.59B
2025
Service exports
$91.6B
2025
$218M
2025
Imports of goods and services, % of GDP
22.7%
2025
38.4%
2010
Exports of goods and services, % of GDP
23.2%
2025
52.5%
2010

Economic freedom indices

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

Australia Suriname
Economic freedom 80.1 53
Economic freedom ranking 5/197 143/197
Property rights 88.2 40.5
Government integrity 88.1 41
Judicial effectiveness 96.3 46.5
Tax burden 61.8 69.1
Government spending 56.6 74.3
Fiscal health 89 76.6
Business freedom 92.3 56.9
Labor freedom 61.5 69
Monetary freedom 77.2 56.4
Trade freedom 89.8 65.2
Investment freedom 80 20
Financial freedom 80 20

Economic freedom comparison by year

Australia
Suriname
1x
Year Economic freedom index
Australia Suriname
2026 80.1 53
2025 79.3 50.9
2024 76.2 46.7
2023 74.8 46.1
2022 77.7 48.1
2021 82.4 46.4
2020 82.6 49.5
2019 80.9 48.1
2018 80.9 48.1
2017 81 48
2016 80.3 53.8
2015 81.4 54.2
2014 82 54.2
2013 82.6 52
2012 83.1 52.6
2011 82.5 53.1
2010 82.6 52.5
2009 82.6 54.1
2008 82.2 54.3
2007 81.1 54.8
2006 79.9 55.1
2005 79 51.9
2004 77.9 47.9
2003 77.4 46.9
2002 77.3 48
2001 77.4 44.3
2000 77.1 45.8
1999 76.4 40.1
1998 75.6 39.9
1997 75.5 35.9
1996 74 36.7
1995 74.1 -

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

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

The Economic Freedom Index for Australia is 80.1, ranking 5/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Australia Suriname
Services, % of GDP
67.5%
2025
50.8%
2024
Industry, % of GDP
23.9%
2025
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
2.27%
2025
6.77%
2024
GNI, Atlas method
$1.77T
2025
$3.93B
2025
GNI per capita, PPP
$69,930
2025
$21,000
2025
Total reserves including gold
$72.6B
2025
$1.62B
2025
Total reserves ranking
37/177
2025
132/177
2025
Net foreign direct investment
-$41.1B
2025
-$2.04B
2025
Net inflows of foreign direct investment
$53.7B
2024
$666M
2024
Net outflows of foreign direct investment
$13.9B
2024
-$9.05M
2024
Servicing debt to the IMF, % of GNI n/a
20.5%
2023
Poverty at national poverty lines n/a
70%
2020
Gross capital formation, % of GDP
24.5%
2025
36.2%
2010

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/suriname | 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)
  6. TradeMap (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, 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.