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Economy of Austria vs Togo compared: GDP & Debt

Updated on by Georank

Austria has a GDP of $579B compared to $11.9B for Togo, ranking 29/197 and 152/197 by economy size, respectively.

Austria has $466B in government debt (80.5% of GDP), compared to $7.49B (63% of GDP) in Togo.

Austria vs Togo GDP by year

Austria
Togo
1x
Year GDP, current $
Austria Togo
2025 $579,470,021,095 $11,889,949,067
2024 $534,790,720,467 $10,643,440,332
2023 $516,670,509,629 $9,723,300,577
2022 $473,221,298,968 $8,646,453,099
2021 $480,466,363,177 $8,541,668,141
2020 $434,397,601,558 $7,486,031,562
2019 $442,983,642,372 $6,992,942,459
2018 $452,582,294,973 $7,029,215,766
2017 $414,926,138,133 $6,387,424,240
2016 $393,687,359,770 $6,071,167,584
2015 $379,546,097,301 $5,755,457,836
2014 $438,556,021,078 $6,393,314,708
2013 $426,580,502,769 $6,021,729,630
2012 $406,750,487,604 $5,413,541,649
2011 $428,954,737,064 $5,422,439,152
2010 $389,827,789,218 $4,746,386,893
2009 $399,290,118,782 $4,721,888,275
2008 $429,234,399,096 $4,578,847,113
2007 $386,760,177,589 $3,759,962,853
2006 $333,905,979,332 $3,320,907,722
2005 $313,952,317,331 $3,221,910,408
2004 $299,210,411,455 $3,191,561,509
2003 $260,779,834,340 $2,987,984,051
2002 $212,837,224,023 $2,410,199,032
2001 $196,477,206,829 $2,093,498,674
2000 $196,181,599,831 $2,106,848,752
1999 $216,421,809,126 $2,226,577,204
1998 $217,068,085,816 $2,241,650,112
1997 $211,724,812,267 $2,116,818,623
1996 $235,952,581,232 $2,069,506,014
1995 $240,094,169,510 $1,849,110,468
1994 $202,738,023,130 $1,387,662,121
1993 $189,634,029,339 $1,741,944,426
1992 $194,314,032,056 $2,390,796,916
1991 $173,113,449,617 $2,262,767,860
1990 $165,811,372,383 $2,299,665,506
1989 $132,584,448,258 $1,910,635,575
1988 $132,817,124,707 $1,947,208,354
1987 $123,682,091,859 $1,763,978,066
1986 $98,648,254,169 $1,498,219,579
1985 $69,114,996,010 $1,076,604,520
1984 $67,719,055,773 $1,014,170,069
1983 $71,838,528,420 $1,081,387,265
1982 $70,996,111,963 $1,160,337,039
1981 $70,755,997,062 $1,359,026,709
1980 $81,737,498,405 $1,604,836,916
1979 $73,647,694,287 $1,259,365,712
1978 $61,809,208,756 $1,164,025,637
1977 $51,343,861,460 $1,097,893,826
1976 $42,791,707,448 $874,681,612
1975 $39,902,300,703 $871,781,687
1974 $35,051,468,640 $791,450,308
1973 $29,399,860,145 $574,030,984
1972 $21,973,207,929 $474,043,922
1971 $17,788,536,733 $404,648,368
1970 $15,312,791,744 $358,665,754
1969 $13,647,475,854 $378,091,810
1968 $12,499,863,917 $341,691,567
1967 $11,634,569,522 $327,215,844
1966 $10,939,526,219 $305,227,595
1965 $10,041,659,445 $264,505,506
1964 $9,213,648,656 $234,572,186
1963 $8,414,050,621 $202,305,865
1962 $7,793,042,529 $186,745,758
1961 $7,346,566,038 $178,497,098
1960 $6,624,086,313 $171,057,069

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

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

GDP per capita in Austria vs Togo by year

Austria
GDP per capita

GDP per capita, PPP
Togo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Austria Togo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $62,930 - $1,384 -
2024 $58,269 $73,911 $1,266 $3,365
2023 $56,580 $73,545 $1,182 $3,154
2022 $52,337 $72,065 $1,072 $2,935
2021 $53,649 $62,969 $1,076 $2,639
2020 $48,716 $58,523 $961 $2,384
2019 $49,886 $60,355 $918 $2,215
2018 $51,194 $56,636 $942 $2,067
2017 $47,164 $53,870 $872 $1,986
2016 $45,061 $52,398 $843 $1,933
2015 $43,915 $49,549 $814 $1,880
2014 $51,315 $48,355 $922 $1,803
2013 $50,305 $47,520 $886 $1,715
2012 $48,250 $46,156 $814 $1,645
2011 $51,117 $44,172 $834 $1,616
2010 $46,611 $41,735 $750 $1,537
2009 $47,857 $40,687 $770 $1,474
2008 $51,581 $41,047 $771 $1,429
2007 $46,623 $39,192 $654 $1,387
2006 $40,382 $37,388 $596 $1,407
2005 $38,157 $34,777 $595 $1,368
2004 $36,614 $33,519 $604 $1,427
2003 $32,110 $31,959 $580 $1,440
2002 $26,335 $30,952 $479 $1,357
2001 $24,430 $29,553 $427 $1,320
2000 $24,487 $29,221 $440 $1,315
1999 $27,079 $27,500 $477 $1,332
1998 $27,212 $26,531 $492 $1,318
1997 $26,572 $25,301 $477 $1,373
1996 $29,646 $24,427 $482 $1,218
1995 $30,207 $23,604 $450 $1,140
1994 $25,546 $22,553 $355 $1,082
1993 $23,987 $21,647 $448 $925
1992 $24,783 $21,209 $608 $1,057
1991 $22,323 $20,536 $592 $1,107
1990 $21,596 $19,396 $619 $1,110
1989 $17,401 - $530 -
1988 $17,510 - $556 -
1987 $16,329 - $519 -
1986 $13,032 - $455 -
1985 $9,136 - $337 -
1984 $8,956 - $327 -
1983 $9,500 - $357 -
1982 $9,373 - $392 -
1981 $9,348 - $472 -
1980 $10,827 - $575 -
1979 $9,755 - $464 -
1978 $8,173 - $440 -
1977 $6,784 - $425 -
1976 $5,656 - $347 -
1975 $5,265 - $354 -
1974 $4,613 - $329 -
1973 $3,875 - $244.8 -
1972 $2,913 - $207.6 -
1971 $2,372 - $182.3 -
1970 $2,051 - $166.9 -
1969 $1,834 - $185 -
1968 $1,686 - $174.9 -
1967 $1,577 - $171.1 -
1966 $1,494 - $162.9 -
1965 $1,381 - $144.1 -
1964 $1,275 - $130.4 -
1963 $1,173 - $114.6 -
1962 $1,093 - $107.8 -
1961 $1,037 - $104.8 -
1960 $940 - $102.2 -

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

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

Austria's GDP per capita is $62,930, ranking 16/197, compared to $1,384 in Togo, ranking 167/197. Adjusted for purchasing power (GDP per capita PPP), Austria ranks 19th at $73,911, while Togo ranks 173rd at $3,365.

Economic indicators

Austria Togo
Gross domestic product
$579B
2025
$11.9B
2025
GDP rank
29/197
2025
152/197
2025
GDP growth
0.62%
2024-2025
6.31%
2024-2025
GDP per capita
$62,930
2025
$1,384
2025
GDP per capita rank
16/197
2025
167/197
2025
GDP per capita, PPP
$73,911
2024
$3,365
2024
GDP per capita PPP rank
19/197
2024
173/197
2024
Government debt
$466B
2025
$7.49B
2025
Debt-to-GDP ratio
80.5%
2025
63%
2025
Government debt per person
$50,654
2025
$872
2025
Government debt per person rank
10/185
2025
148/185
2025
Average annual personal income after taxes
$38,467
2026
$1,719
2026
Market capitalization of domestic companies
$211B
2025
n/a
Number of billionaires
9
2026
n/a
Income share by richest 10%
24.8%
2023
29.6%
2021
Income share by poorest 10%
2.8%
2023
2.8%
2021
Government expenditure, % of GDP
55.2%
2025
19.8%
2025
Consumer prices inflation
3.53%
2024-2025
0.43%
2024-2025
Unemployment rate
5.78%
2025
1.97%
2022
Population
9201502
8873660

Spending and national debt comparison by year

Austria
Spending

Debt
Togo
Spending

Debt
1x
Year % of GDP
Austria Togo
Government spending Government debt Government spending Government debt
2025 55.2% 80.5% 19.8% 63%
2024 55.2% 79.2% 24.3% 66.2%
2023 52.2% 77.8% 24.8% 64.1%
2022 53% 78.1% 24.4% 63%
2021 56% 82.4% 21.3% 63.3%
2020 57.3% 83.2% 23.4% 61.4%
2019 49.1% 71% 16.6% 54.9%
2018 49.2% 74.6% 18.8% 58%
2017 49.8% 79.1% 16.3% 57.1%
2016 50.6% 83.4% 22.9% 59.9%
2015 51.2% 85.6% 22.9% 52.4%
2014 52.4% 85.2% 21.9% 44.9%
2013 52.4% 82.4% 20.5% 41.1%
2012 51.8% 82.9% 19.1% 34.3%
2011 51.3% 83.4% 18.2% 37%
2010 53.4% 83.7% 15.1% 33.5%
2009 54.6% 80.8% 14.3% 57.6%
2008 50.4% 69.5% 12.4% 67.3%
2007 49.7% 65.8% 13.7% 70.5%
2006 50.9% 68.2% 14.7% 67.7%
2005 51.7% 69.4% 13.3% 63.1%
2004 54.3% 65.9% 10.6% 48.7%
2003 51.8% 66.4% 8.88% 50%
2002 51.6% 67.4% 8.42% 54.8%
2001 51.8% 67.2% 10.9% 68.5%
2000 50.9% 66.1% 11.9% 66.5%
1999 50.5% 61.3% 11.9% 59.9%
1998 54.4% 69.2% 12.8% 62.8%
1997 52.5% 63.4% 10.6% 54.4%
1996 55.9% 68.2% 12.4% 60.4%
1995 56.1% 68.2% 12.7% 64.8%
1994 54.3% 64.1% 13.2% 79%
1993 54.3% 61% 14.8% 58.3%
1992 49.3% 56.3% 12.6% 45%
1991 47.9% 56.4% 14.6% 46.9%
1990 46.8% 56.2% 16.8% 44.7%
1989 51.6% 56.6% 16.9% 46.3%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2004, retrieved 2026-07-08).

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

In 2025, Austria's government spending was $320B, accounting for 55.2% of its GDP, while Togo spent $2.36B, or 19.8% of GDP.

Debt-to-GDP ratio is 80.5% in Austria and 63% in Togo, ranking 42/185 and 69/185, respectively.

Government deficit by year

Deficit/surplus
Austria

Togo
1x
Year Deficit/surplus, % of GDP
Austria Togo
2025 -4.52% -3.23%
2024 -4.68% -6.82%
2023 -2.59% -6.28%
2022 -3.41% -7.83%
2021 -5.69% -4.54%
2020 -8.2% -6.96%
2019 0.54% 1.67%
2018 0.2% -0.59%
2017 -0.78% -0.21%
2016 -1.45% -7.02%
2015 -0.48% -7.04%
2014 -1.92% -7.11%
2013 -1.99% -5.08%
2012 -2.18% -4.63%
2011 -2.48% -4.48%
2010 -4.46% -1.66%
2009 -5.38% -2.63%
2008 -1.57% -0.59%
2007 -1.56% -1.83%
2006 -2.61% -1.94%
2005 -2.59% -1.67%
2004 -4.94% 0.61%
2003 -1.84% 1.43%
2002 -1.43% -0.28%
2001 -0.71% -0.72%
2000 -2.07% -3.45%
1999 -2.63% -1.76%
1998 -2.68% -3.25%
1997 -2.38% -0.98%
1996 -4.38% -3.26%
1995 -6.17% -2.97%
1994 -5.04% -5.37%
1993 -4.57% -8.46%
1992 -2.15% -2.27%
1991 -2.96% -3.52%
1990 -2.58% -1.65%
1989 -3.07% -2.18%
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Austria's government deficit, the difference between spending and revenue, was $26.2B, equivalent to 4.52% of GDP. This compares to Togo's deficit of $384M, or 3.23% of GDP.

Over the past 37 years, Austria recorded a fiscal deficit in 35 of those years, while Togo ran a deficit in 34 years. On average, Austria posted an annual deficit equal to 2.9% of GDP, compared to deficit of 3.2% of GDP for Togo.

Inflation comparison by year

Inflation
Austria

Togo
1x
Year Consumer prices inflation
Austria Togo
2025 3.53% 0.43%
2024 2.94% 2.86%
2023 7.81% 5.49%
2022 8.55% 7.97%
2021 2.77% 4.19%
2020 1.38% 1.7%
2019 1.53% 0.67%
2018 2% 0.93%
2017 2.08% -0.98%
2016 0.89% 1.29%
2015 0.9% 2.59%
2014 1.61% 0.19%
2013 2% 1.83%
2012 2.49% 2.58%
2011 3.29% 3.56%
2010 1.81% 1.45%
2009 0.51% 3.71%
2008 3.22% 8.69%
2007 2.17% 0.95%
2006 1.44% 2.23%
2005 2.3% 6.78%
2004 2.06% 0.39%
2003 1.36% -0.93%
2002 1.81% 3.06%
2001 2.65% 3.92%
2000 2.34% 1.86%
1999 0.57% -0.05%
1998 0.92% 0.98%
1997 1.31% 8.25%

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

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

Over the past 29 years, Austria has recorded an average annual inflation rate of 2.35%, compared with 2.64% in Togo. In 2025, inflation was 3.53% in Austria and 0.43% in Togo.

Top exports between countries

Austria
Export category Export value
Processed food, beverages & tobacco $2.13M
Machinery & equipment $1.36M
Textiles & consumer goods $1.02M
Raw materials & minerals $892K
Chemicals & pharma $80K
Metals $43K
Wood & paper products $31K
Miscellaneous $4K
Precious metals & jewellery $1K
Togo
Export category Export value
Raw agricultural goods $4K
Machinery & equipment $3K

Balance of trade

Austria Togo
Current account balance
$10.4B
2025
-$20.7M
2020
Current account balance ranking
24/190
2025
72/190
2020
Current account balance, % of GDP
+1.79%
2025
-0.28%
2020
Goods imports
$208B
2025
$1.95B
2020
Goods exports
$214B
2025
$1.21B
2020
Service imports
$98.3B
2025
$438M
2020
Service exports
$105B
2025
$514M
2020
Imports of goods and services, % of GDP
52.3%
2025
38.1%
2024
Exports of goods and services, % of GDP
54.7%
2025
24.4%
2024

Economic freedom indices

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

Austria Togo
Economic freedom 69.8 51.6
Economic freedom ranking 38/197 153/197
Property rights 95.7 43.6
Government integrity 75 33.3
Judicial effectiveness 94.8 34
Tax burden 45.7 68.9
Government spending 12.8 79.2
Fiscal health 67.1 9.6
Business freedom 78.7 60.1
Labor freedom 81.6 51.9
Monetary freedom 76.4 72.5
Trade freedom 79.4 65.8
Investment freedom 60 60
Financial freedom 70 40

Economic freedom comparison by year

Austria
Togo
1x
Year Economic freedom index
Austria Togo
2026 69.8 51.6
2025 69.7 52.3
2024 68.4 50.9
2023 71.1 55.3
2022 73.8 57.2
2021 73.9 57.5
2020 73.3 54.1
2019 72 50.3
2018 71.8 47.8
2017 72.3 53.2
2016 71.7 53.6
2015 71.2 53
2014 72.4 49.9
2013 71.8 48.8
2012 70.3 48.3
2011 71.9 49.1
2010 71.6 47.1
2009 71.2 48.7
2008 71.4 48.9
2007 71.6 49.7
2006 71.1 47.3
2005 68.8 48.2
2004 67.6 47
2003 67.6 46.8
2002 67.4 45.2
2001 68.1 45.3
2000 68.4 46.4
1999 64 48.2
1998 65.4 -
1997 65.2 -
1996 68.9 -
1995 70 -

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

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

The Economic Freedom Index for Austria is 69.8, ranking 38/197, compared to 51.6 for Togo, ranking 153/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Austria Togo
Services, % of GDP
64.1%
2025
61.7%
2025
Industry, % of GDP
24%
2025
21%
2025
Agriculture, forestry, and fishing, % of GDP
1.26%
2025
20.3%
2025
GNI, Atlas method
$556B
2025
$11.6B
2025
GNI per capita, PPP
$77,010
2025
$4,090
2025
Total reserves including gold
$53.4B
2025
n/a
Total reserves ranking
46/177
2025
n/a
Net foreign direct investment
$5.61B
2025
-$53.1M
2020
Net inflows of foreign direct investment
$13.7B
2024
$83.8M
2024
Net outflows of foreign direct investment
$13.8B
2024
-$73.4M
2024
Servicing debt to the IMF, % of GNI n/a
3.22%
2024
Poverty at national poverty lines
14.8%
2021
43.8%
2021
Gross capital formation, % of GDP
23.7%
2025
20.8%
2024

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/austria/togo | 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 (1880–2004, 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 (2020–2025, 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.