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Economy of Austria vs Gabon compared: GDP & Debt

Updated on by Georank team

Austria has a GDP of $535B compared to $20.9B for Gabon, ranking 30/197 and 127/197 by economy size, respectively.

Austria has $432B in government debt (80.8% of GDP), compared to $15.2B (72.7% of GDP) in Gabon.

Austria vs Gabon GDP by year

Austria
Gabon
1x
Year GDP, current $
Austria Gabon
2024 $534,790,720,467 $20,895,684,426
2023 $516,670,509,629 $19,388,372,071
2022 $473,221,298,968 $20,440,655,695
2021 $480,466,363,177 $19,444,935,097
2020 $434,397,601,558 $15,342,236,164
2019 $442,983,642,372 $16,874,405,465
2018 $452,582,294,973 $16,867,326,402
2017 $414,926,138,133 $14,929,487,485
2016 $393,687,359,770 $14,023,890,265
2015 $379,546,097,301 $14,383,107,763
2014 $438,556,021,078 $18,203,966,896
2013 $426,580,502,769 $17,595,744,798
2012 $406,750,487,604 $17,170,464,016
2011 $428,954,737,064 $18,210,307,744
2010 $389,827,789,218 $14,372,593,020
2009 $399,290,118,782 $12,113,699,068
2008 $429,234,399,096 $15,571,348,344
2007 $386,760,177,589 $12,455,409,587
2006 $333,905,979,332 $10,327,598,306
2005 $313,952,317,331 $9,582,783,991
2004 $299,210,411,455 $7,770,219,008
2003 $260,779,834,340 $6,511,903,365
2002 $212,837,224,023 $5,335,451,100
2001 $196,477,206,829 $5,023,265,413
2000 $196,181,599,831 $5,080,483,629
1999 $216,421,809,126 $4,662,992,036
1998 $217,068,085,816 $4,483,417,310
1997 $211,724,812,267 $5,326,817,115
1996 $235,952,581,232 $5,694,040,003
1995 $240,094,169,510 $4,958,845,648
1994 $202,738,023,130 $4,190,819,344
1993 $189,634,029,339 $4,378,645,081
1992 $194,314,032,056 $5,592,390,827
1991 $173,113,449,617 $5,402,919,785
1990 $165,811,372,383 $5,952,293,765
1989 $132,584,448,258 $4,186,411,464
1988 $132,817,124,707 $3,834,503,376
1987 $123,682,091,859 $3,281,797,043
1986 $98,648,254,169 $3,403,638,189
1985 $69,114,996,010 $3,339,914,757
1984 $67,719,055,773 $3,561,451,561
1983 $71,838,528,420 $3,391,275,732
1982 $70,996,111,963 $3,618,007,841
1981 $70,755,997,062 $3,862,269,121
1980 $81,737,498,405 $4,279,637,942
1979 $73,647,694,287 $3,030,251,120
1978 $61,809,208,756 $2,389,479,272
1977 $51,343,861,460 $2,809,349,069
1976 $42,791,707,448 $3,009,409,974
1975 $39,902,300,703 $2,157,592,940
1974 $35,051,468,640 $1,544,216,002
1973 $29,399,860,145 $722,780,701
1972 $21,973,207,929 $430,508,359
1971 $17,788,536,733 $381,687,073
1970 $15,312,791,744 $323,802,476
1969 $13,647,475,854 $318,124,701
1968 $12,499,863,917 $294,468,564
1967 $11,634,569,522 $271,543,680
1966 $10,939,526,219 $245,849,781
1965 $10,041,659,445 $226,474,286
1964 $9,213,648,656 $215,679,855
1963 $8,414,050,621 $154,480,244
1962 $7,793,042,529 $182,796,536
1961 $7,346,566,038 $167,637,907
1960 $6,624,086,313 $141,468,978

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/austria/gabon | CC BY

GDP per capita in Austria vs Gabon by year

Austria
GDP per capita

GDP per capita, PPP
Gabon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Gabon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $58,269 $73,911 $8,230 $21,510
2023 $56,580 $73,545 $7,803 $20,756
2022 $52,337 $72,065 $8,409 $19,993
2021 $53,649 $62,969 $8,181 $18,524
2020 $48,716 $58,523 $6,606 $14,477
2019 $49,886 $60,355 $7,441 $15,950
2018 $51,194 $56,636 $7,624 $15,432
2017 $47,164 $53,870 $6,922 $14,797
2016 $45,061 $52,398 $6,677 $13,998
2015 $43,915 $49,549 $7,047 $14,306
2014 $51,315 $48,355 $9,201 $14,854
2013 $50,305 $47,520 $9,198 $14,498
2012 $48,250 $46,156 $9,297 $14,620
2011 $51,117 $44,172 $10,219 $14,784
2010 $46,611 $41,735 $8,357 $14,015
2009 $47,857 $40,687 $7,291 $13,384
2008 $51,581 $41,047 $9,689 $13,734
2007 $46,623 $39,192 $8,004 $14,391
2006 $40,382 $37,388 $6,847 $13,637
2005 $38,157 $34,777 $6,548 $14,028
2004 $36,614 $33,519 $5,466 $13,638
2003 $32,110 $31,959 $4,711 $13,564
2002 $26,335 $30,952 $3,966 $13,369
2001 $24,430 $29,553 $3,836 $13,556
2000 $24,487 $29,221 $3,983 $13,326
1999 $27,079 $27,500 $3,751 $13,629
1998 $27,212 $26,531 $3,700 $15,138
1997 $26,572 $25,301 $4,509 $14,837
1996 $29,646 $24,427 $4,943 $14,147
1995 $30,207 $23,604 $4,415 $13,750
1994 $25,546 $22,553 $3,828 $13,164
1993 $23,987 $21,647 $4,106 $12,757
1992 $24,783 $21,209 $5,386 $12,312
1991 $22,323 $20,536 $5,345 $12,760
1990 $21,596 $19,396 $6,051 $11,952
1989 $17,401 - $4,374 -
1988 $17,510 - $4,119 -
1987 $16,329 - $3,624 -
1986 $13,032 - $3,865 -
1985 $9,136 - $3,898 -
1984 $8,956 - $4,273 -
1983 $9,500 - $4,182 -
1982 $9,373 - $4,584 -
1981 $9,348 - $5,026 -
1980 $10,827 - $5,718 -
1979 $9,755 - $4,155 -
1978 $8,173 - $3,360 -
1977 $6,784 - $4,048 -
1976 $5,656 - $4,441 -
1975 $5,265 - $3,258 -
1974 $4,613 - $2,384 -
1973 $3,875 - $1,140 -
1972 $2,913 - $693 -
1971 $2,372 - $627 -
1970 $2,051 - $543 -
1969 $1,834 - $545 -
1968 $1,686 - $515 -
1967 $1,577 - $482 -
1966 $1,494 - $443 -
1965 $1,381 - $415 -
1964 $1,275 - $400 -
1963 $1,173 - $290.7 -
1962 $1,093 - $348 -
1961 $1,037 - $323 -
1960 $940 - $276.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/austria/gabon | CC BY

Austria's GDP per capita is $58,269, ranking 16/197, compared to $8,230 in Gabon, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while Gabon ranks 90th at $21,510.

Economic indicators

Austria Gabon
Gross domestic product
$535B
2024
$20.9B
2024
GDP rank
30/197
2024
127/197
2024
GDP growth
-0.66%
2023-2024
3.39%
2023-2024
GDP per capita
$58,269
2024
$8,230
2024
GDP per capita rank
16/197
2024
93/197
2024
GDP per capita, PPP
$73,911
2024
$21,510
2024
GDP per capita PPP rank
19/197
2024
90/197
2024
Government debt
$432B
2024
$15.2B
2024
Debt-to-GDP ratio
80.8%
2024
72.7%
2024
Government debt per person
$47,075
2024
$5,985
2024
Government debt per person rank
10/185
2024
75/185
2024
Average annual personal income after taxes
$40,736
2026
$5,368
2026
Market capitalization of domestic companies
$121B
2024
n/a
Number of billionaires
9
2025
n/a
Income share by richest 10%
24.8%
2023
27.7%
2017
Income share by poorest 10%
2.8%
2023
2.2%
2017
Government expenditure, % of GDP
56%
2024
24.8%
2024
Consumer prices inflation
2.94%
2023-2024
1.17%
2023-2024
Unemployment rate
5.16%
2024
20.4%
2010
Population
9163419
2663339

Spending and national debt comparison by year

Austria
Spending

Debt
Gabon
Spending

Debt
1x
Year % of GDP
Austria Gabon
Government spending Government debt Government spending Government debt
2024 56% 80.8% 24.8% 72.7%
2023 52.7% 78.5% 21.5% 70.6%
2022 53% 78.4% 19.7% 65.6%
2021 56% 82.4% 17.3% 72.9%
2020 57.3% 83.2% 19.8% 83%
2019 49.1% 71% 17.4% 59.8%
2018 49.2% 74.6% 17.1% 62.3%
2017 49.8% 79.1% 18.1% 62.9%
2016 50.6% 83.4% 21.8% 64.5%
2015 51.2% 85.6% 22.3% 44.7%
2014 52.4% 85.2% 23.8% 34.1%
2013 52.4% 82.4% 34.7% 31.1%
2012 51.8% 82.9% 23.9% 21.4%
2011 51.3% 83.4% 22.1% 21.4%
2010 53.4% 83.7% 23.1% 21.3%
2009 54.6% 80.8% 22.6% 26%
2008 50.4% 69.5% 18.9% 20.1%
2007 49.7% 65.8% 19.4% 39.2%
2006 50.9% 68.2% 21.1% 34.9%
2005 51.7% 69.4% 20.8% 41.7%
2004 54.3% 65.9% 20.9% 60.3%
2003 51.8% 66.4% 21.2% 70.2%
2002 51.6% 67.4% 25.7% 81.1%
2001 51.8% 67.2% 27.8% 81%
2000 50.9% 66.1% 20.3% 72.5%
1999 50.5% 61.3% 25.5% 73.1%
1998 54.4% 69.2% 45.5% 87.6%
1997 52.5% 63.4% 29.7% 57%
1996 55.9% 68.2% 22.2% 64.5%
1995 56.1% 68.2% 25.1% 73.4%
1994 54.3% 64.1% 23.9% 71.3%
1993 54.3% 61% 26.9% 90.1%
1992 49.3% 56.3% 26.5% 87.9%
1991 47.9% 56.4% 25.1% 89.3%
1990 46.8% 56.2% 22.6% 90%
1989 51.6% 56.6% - -
1988 53.1% 57.7% - -
1987 54.5% 55.5% - -
1986 54.3% 52% - -
1985 53.5% 47.8% - -
1984 52.6% 46% - -
1983 52.4% 43.7% - -
1982 52% 39.7% - -
1981 51.5% 37.5% - -
1980 50% 35.6% - -
1979 49.8% 34.1% - -
1978 50.8% 32.2% - -
1977 47.6% 28.5% - -
1976 47.9% 26.2% - -
1975 46.1% 22.8% - -
1974 42% 16.8% - -
1973 41.5% 16.7% - -
1972 40.1% 16.7% - -
1971 40% 17.4% - -
1970 39.5% 18.6% - -
1969 40.7% 16.8% - -
1968 40.9% 16.8% - -
1967 40.7% 15.6% - -
1966 38.7% 14.1% - -
1965 38.3% 14.8% - -
1964 38.7% 15.5% - -
1963 38.6% 15.6% - -
1962 37.6% 15.5% - -
1961 35.7% 16% - -
1960 36.3% 17.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/austria/gabon | CC BY

In 2024, Austria's government spending was $300B, accounting for 56% of its GDP, while Gabon spent $5.18B, or 24.8% of GDP.

Debt-to-GDP ratio is 80.8% in Austria and 72.7% in Gabon, ranking 44/185 and 51/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Gabon
1x
Year Deficit/surplus, % of GDP
Austria Gabon
2024 -4.64% -3.84%
2023 -2.62% 1.79%
2022 -3.31% -0.89%
2021 -5.69% -1.93%
2020 -8.2% -2.19%
2019 0.54% 2.13%
2018 0.2% -0.21%
2017 -0.78% -1.7%
2016 -1.45% -4.71%
2015 -0.48% -1.12%
2014 -1.92% 5.98%
2013 -1.99% -3.07%
2012 -2.18% 6.2%
2011 -2.48% 1.41%
2010 -4.46% 2.7%
2009 -5.38% 6.77%
2008 -1.57% 11%
2007 -1.56% 8.06%
2006 -2.61% 8.67%
2005 -2.59% 7.98%
2004 -4.94% 6.99%
2003 -1.84% 7.75%
2002 -1.43% 3.72%
2001 -0.71% 4.07%
2000 -2.07% 11.1%
1999 -2.63% 1.11%
1998 -2.68% -13.1%
1997 -2.38% 1.41%
1996 -4.38% 2.12%
1995 -6.17% 2.64%
1994 -5.04% -1.53%
1993 -4.57% -5.35%
1992 -2.15% -4.9%
1991 -2.96% -2.03%
1990 -2.58% -3.83%
1989 -3.07% -
1988 -3.43% -
1987 -4.33% -
1986 -3.84% -
1985 -2.71% -
1984 -2.67% -
1983 -4.22% -
1982 -3.29% -
1981 -1.79% -
1980 -1.62% -
1979 -2.3% -
1978 -2.67% -
1977 -2.11% -
1976 -3.61% -
1975 -2.41% -
1974 1.23% -
1973 1.24% -
1972 1.97% -
1971 1.46% -
1970 1.16% -
1969 -0.08% -
1968 -0.83% -
1967 -0.56% -
1966 1.73% -
1965 1.38% -
1964 0.48% -
1963 -0.5% -
1962 1.12% -
1961 1.68% -
1960 -0.49% -
1959 -2.16% -
1958 -3.52% -
1957 -0.7% -
1956 -0.78% -
1955 -0.5% -
1954 -0.35% -
1953 -0.24% -
1952 -0.73% -
1951 -1.57% -
1950 -7.72% -
1949 -9.23% -
1948 -9.3% -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -2.84% -
1936 -3.91% -
1935 -5.46% -
1934 -5.28% -
1933 -3.55% -
1932 -9.16% -
1931 -11.5% -
1930 -9.68% -
1929 -6.83% -
1928 -7.63% -
1927 -7.3% -
1926 -6.18% -
1925 -4.96% -
1924 -5.69% -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 -0.69% -
1911 0.03% -
1910 -0.42% -
1909 -5.51% -
1908 -1.24% -
1907 -2.73% -
1906 -0.05% -
1905 -0.71% -
1904 -1.12% -
1903 -0.97% -
1902 -0.75% -
1901 -0.56% -
1900 -0.05% -
1899 -0.08% -
1898 -0.17% -
1897 0.1% -
1896 0.03% -
1895 0.36% -
1894 -1.16% -
1893 -1.31% -
1892 -0.86% -
1891 -4.01% -
1890 -0.26% -
1889 -1.61% -
1888 -0.97% -
1887 -1.09% -
1886 -0.43% -
1885 -0.57% -
1884 -6.43% -
1883 -0.69% -
1882 -1.06% -
1881 -3.91% -
1880 -1.4% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/austria/gabon | CC BY

In 2024, Austria's government deficit, the difference between spending and revenue, was $24.8B, equivalent to 4.64% of GDP. This compares to Gabon's deficit of $802M, or 3.84% of GDP.

Over the past 35 years, Austria recorded a fiscal deficit in 33 of those years, while Gabon ran a deficit in 15 years. On average, Austria posted an annual deficit equal to 2.85% of GDP, compared to surplus of 1.52% of GDP for Gabon.

Inflation comparison by year

Inflation
Austria

Gabon
1x
Year Consumer prices inflation
Austria Gabon
2024 2.94% 1.17%
2023 7.81% 3.63%
2022 8.55% 4.23%
2021 2.77% 1.09%
2020 1.38% 1.35%
2019 1.53% 2.46%
2018 2% 4.75%
2017 2.08% 2.65%
2016 0.89% 2.11%
2015 0.9% -0.34%
2014 1.61% 4.69%
2013 2% 0.51%
2012 2.49% 2.65%
2011 3.29% 1.26%
2010 1.81% 1.46%
2009 0.51% 1.89%
2008 3.22% 5.26%
2007 2.17% 5.03%
2006 1.44% -1.41%
2005 2.3% 3.71%
2004 2.06% 0.41%
2003 1.36% 2.24%
2002 1.81% 0.04%
2001 2.65% 2.14%
2000 2.34% 0.5%
1999 0.57% -1.94%
1998 0.92% 1.45%
1997 1.31% 3.97%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/austria/gabon | CC BY

Over the past 28 years, Austria has recorded an average annual inflation rate of 2.31%, compared with 2.03% in Gabon. In 2024, inflation was 2.94% in Austria and 1.17% in Gabon.

Top exports between countries

Austria
Export category Export value
Processed food, beverages & tobacco $1.26M
Chemicals & pharma $1.19M
Textiles & consumer goods $906K
Machinery & equipment $579K
Wood & paper products $388K
Miscellaneous $82K
Animal & marine products $67K
Metals $24K
Weapons & explosives $16K
Raw materials & minerals $14K
Gabon
Export category Export value
Textiles & consumer goods $9K
Machinery & equipment $5K

Balance of trade

Austria Gabon
Current account balance
$8.19B
2024
$141M
2015
Current account balance ranking
25/190
2024
66/190
2015
Current account balance, % of GDP
+1.53%
2024
+0.98%
2015
Goods imports
$195B
2024
$3.17B
2015
Goods exports
$201B
2024
$5.11B
2015
Service imports
$90.5B
2024
$1.88B
2015
Service exports
$96.6B
2024
$277M
2015
Imports of goods and services, % of GDP
53.1%
2024
27.5%
2024
Exports of goods and services, % of GDP
55.7%
2024
64.6%
2024

Economic freedom indices

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

Austria Gabon
Economic freedom 69.8 56.6
Economic freedom ranking 38/197 120/197
Property rights 95.7 30
Government integrity 75 22.6
Judicial effectiveness 94.8 19.9
Tax burden 45.7 76.5
Government spending 12.8 85.5
Fiscal health 67.1 87.9
Business freedom 78.7 63.6
Labor freedom 81.6 55.4
Monetary freedom 76.4 80.9
Trade freedom 79.4 57.4
Investment freedom 60 60
Financial freedom 70 40

Economic freedom comparison by year

Austria
Gabon
1x
Year Economic freedom index
Austria Gabon
2026 69.8 56.6
2025 69.7 56.3
2024 68.4 56.9
2023 71.1 56.1
2022 73.8 55.8
2021 73.9 58.1
2020 73.3 56.7
2019 72 56.3
2018 71.8 58
2017 72.3 58.6
2016 71.7 59
2015 71.2 58.3
2014 72.4 57.8
2013 71.8 57.8
2012 70.3 56.4
2011 71.9 56.7
2010 71.6 55.4
2009 71.2 55
2008 71.4 54.2
2007 71.6 54.8
2006 71.1 56.1
2005 68.8 54.8
2004 67.6 57.1
2003 67.6 58.7
2002 67.4 58
2001 68.1 55
2000 68.4 58.2
1999 64 60.5
1998 65.4 59.2
1997 65.2 58.8
1996 68.9 55.7
1995 70 57.5

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

GeoRank.org/economy/austria/gabon | CC BY

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 56.6 for Gabon, ranking 120/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Gabon
Services, % of GDP
64%
2024
36.8%
2024
Industry, % of GDP
24.6%
2024
52.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.22%
2024
6.56%
2024
GNI, Atlas method
$503B
2024
$19.8B
2024
GNI per capita, PPP
$74,160
2024
$20,400
2024
Total reserves including gold
$35.4B
2024
$1.45B
2023
Total reserves ranking
53/177
2024
136/177
2023
Net foreign direct investment
$135M
2024
-$25.3M
2015
Net inflows of foreign direct investment
$13.7B
2024
$1.14B
2024
Net outflows of foreign direct investment
$13.8B
2024
-$33.8M
2019
Servicing debt to the IMF, % of GNI n/a
5.67%
2024
Poverty at national poverty lines
14.8%
2021
33.4%
2017
Gross capital formation, % of GDP
23.6%
2024
19.1%
2024

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/austria/gabon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, 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 (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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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.