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Economy of Bangladesh vs Colombia compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $457B for Colombia, ranking 38/197 and 37/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $274B (59.9% of GDP) in Colombia.

Bangladesh vs Colombia GDP by year

Bangladesh
Colombia
1x
Year GDP, current $
Bangladesh Colombia
2025 $456,319,229,256 $457,410,034,203
2024 $450,119,432,069 $420,504,033,143
2023 $437,415,333,018 $366,901,643,683
2022 $460,131,689,083 $345,632,492,851
2021 $416,271,647,911 $318,524,633,225
2020 $373,979,442,362 $270,348,342,541
2019 $351,231,654,604 $323,031,701,193
2018 $321,362,752,442 $334,198,218,098
2017 $293,732,446,625 $311,866,875,157
2016 $265,224,515,675 $282,720,100,286
2015 $195,146,608,978 $293,492,370,193
2014 $172,886,611,654 $381,240,864,422
2013 $149,998,957,434 $382,093,697,078
2012 $133,310,747,603 $370,691,143,018
2011 $128,607,482,310 $334,966,134,805
2010 $115,275,540,051 $286,498,534,095
2009 $102,475,158,191 $232,468,663,110
2008 $91,636,997,371 $242,504,150,473
2007 $79,611,644,975 $206,229,540,926
2006 $71,795,736,172 $161,792,958,905
2005 $69,476,001,239 $145,600,529,606
2004 $65,108,544,250 $117,092,416,666
2003 $60,158,929,188 $94,644,969,157
2002 $54,724,081,491 $97,945,812,803
2001 $53,991,289,844 $98,200,641,203
2000 $53,369,787,319 $99,875,074,951
1999 $51,270,569,884 $86,186,158,685
1998 $49,984,559,471 $98,443,739,941
1997 $48,244,309,133 $106,659,508,271
1996 $46,438,484,108 $97,160,109,278
1995 $37,939,748,769 $92,507,279,383
1994 $33,768,660,883 $81,703,500,846
1993 $33,166,519,418 $66,446,804,803
1992 $31,708,874,594 $58,418,985,443
1991 $30,957,483,950 $49,175,565,911
1990 $31,598,340,778 $47,844,090,710
1989 $28,781,715,189 $39,540,080,200
1988 $26,579,005,558 $39,212,550,050
1987 $24,298,032,258 $36,373,307,085
1986 $21,774,033,333 $34,942,489,684
1985 $22,278,423,077 $34,894,411,352
1984 $18,920,840,000 $38,253,120,738
1983 $17,609,048,822 $38,729,822,782
1982 $18,525,399,202 $38,968,039,722
1981 $20,249,694,002 $36,388,366,869
1980 $18,138,049,096 $33,400,735,644
1979 $15,565,480,322 $27,940,411,250
1978 $13,281,767,143 $23,263,511,958
1977 $9,651,149,302 $19,470,960,619
1976 $10,117,113,333 $15,341,403,660
1975 $19,448,348,073 $13,098,633,902
1974 $12,512,460,520 $12,370,029,584
1973 $8,086,725,729 $10,315,760,000
1972 $6,288,245,867 $8,671,358,733
1971 $8,751,843,188 $7,820,380,971
1970 $8,992,722,167 $7,198,360,460
1969 $8,471,006,438 $6,450,175,214
1968 $7,483,685,771 $5,960,212,869
1967 $7,253,575,688 $5,825,170,438
1966 $6,439,687,854 $5,428,518,519
1965 $5,906,636,792 $5,760,761,905
1964 $5,386,054,833 $5,973,366,667
1963 $5,319,458,563 $4,836,166,667
1962 $5,081,413,542 $4,955,543,963
1961 $4,817,580,375 $4,540,447,761
1960 $4,274,894,083 $4,031,152,977

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

GeoRank.org/economy/bangladesh/colombia | CC BY

GDP per capita in Bangladesh vs Colombia by year

Bangladesh
GDP per capita

GDP per capita, PPP
Colombia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Colombia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $8,562 -
2024 $2,593 $9,647 $7,951 $22,349
2023 $2,551 $9,148 $7,012 $21,246
2022 $2,716 $8,451 $6,680 $20,854
2021 $2,483 $7,441 $6,223 $17,383
2020 $2,249 $6,641 $5,340 $15,519
2019 $2,130 $6,047 $6,473 $16,182
2018 $1,965 $5,490 $6,817 $15,239
2017 $1,811 $4,883 $6,480 $14,401
2016 $1,649 $4,579 $5,960 $14,027
2015 $1,224 $4,212 $6,249 $13,332
2014 $1,094 $3,973 $8,187 $13,355
2013 $958 $3,691 $8,279 $12,780
2012 $860 $3,434 $8,109 $12,093
2011 $837 $3,051 $7,401 $11,707
2010 $757 $2,834 $6,398 $10,841
2009 $679 $2,675 $5,251 $10,367
2008 $613 $2,555 $5,542 $10,307
2007 $538 $2,388 $4,770 $9,909
2006 $490 $2,195 $3,790 $9,154
2005 $480 $2,020 $3,456 $8,432
2004 $456 $1,862 $2,819 $7,909
2003 $427 $1,746 $2,312 $7,420
2002 $394 $1,659 $2,429 $7,109
2001 $395 $1,598 $2,473 $6,935
2000 $397 $1,512 $2,555 $6,776
1999 $388 $1,430 $2,241 $6,544
1998 $386 $1,373 $2,605 $6,854
1997 $379 $1,315 $2,873 $6,861
1996 $372 $1,261 $2,665 $6,639
1995 $309 $1,206 $2,584 $6,506
1994 $280.6 $1,145 $2,326 $6,174
1993 $280.8 $1,099 $1,929 $5,826
1992 $273.5 $1,045 $1,730 $5,509
1991 $272.1 $987 $1,486 $5,281
1990 $283.1 $941 $1,475 $5,109
1989 $263 - $1,244 -
1988 $247.9 - $1,260 -
1987 $231.5 - $1,193 -
1986 $212.1 - $1,169 -
1985 $222.2 - $1,192 -
1984 $193.4 - $1,336 -
1983 $184.7 - $1,384 -
1982 $199.6 - $1,425 -
1981 $224.2 - $1,362 -
1980 $206.1 - $1,280 -
1979 $181.1 - $1,095 -
1978 $158.3 - $932 -
1977 $117.9 - $798 -
1976 $126.7 - $643 -
1975 $249.8 - $561 -
1974 $165 - $542 -
1973 $109.7 - $462 -
1972 $87.8 - $397 -
1971 $124.5 - $367 -
1970 $130.2 - $346 -
1969 $125.9 - $318 -
1968 $114.4 - $302 -
1967 $114.2 - $303 -
1966 $104.4 - $290.3 -
1965 $98.6 - $317 -
1964 $92.6 - $339 -
1963 $94.1 - $282.6 -
1962 $92.6 - $298.5 -
1961 $90.4 - $282.1 -
1960 $82.5 - $258.3 -

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

GeoRank.org/economy/bangladesh/colombia | CC BY

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $8,562 in Colombia, ranking 94/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Colombia ranks 87th at $22,349.

Economic indicators

Bangladesh Colombia
Gross domestic product
$456B
2025
$457B
2025
GDP rank
38/197
2025
37/197
2025
GDP growth
3.49%
2024-2025
2.64%
2024-2025
GDP per capita
$2,597
2025
$8,562
2025
GDP per capita rank
151/197
2025
94/197
2025
GDP per capita, PPP
$9,647
2024
$22,349
2024
GDP per capita PPP rank
135/197
2024
87/197
2024
Government debt
$192B
2025
$274B
2025
Debt-to-GDP ratio
42%
2025
59.9%
2025
Government debt per person
$1,092
2025
$5,126
2025
Government debt per person rank
143/185
2025
85/185
2025
Average annual personal income after taxes
$2,829
2026
$6,463
2026
Market capitalization of domestic companies
$26.2B
2025
$133B
2025
Number of billionaires n/a
4
2026
Income share by richest 10%
25.5%
2022
42.7%
2024
Income share by poorest 10%
3.7%
2022
1%
2024
Government expenditure, % of GDP
10.9%
2025
33.2%
2025
Consumer prices inflation
10%
2024-2025
5.14%
2024-2025
Central bank interest rate
10%
2024
11.3%
2026
Unemployment rate
3.64%
2024
8.43%
2025
Population
178936470
54209462

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Colombia
Spending

Debt
1x
Year % of GDP
Bangladesh Colombia
Government spending Government debt Government spending Government debt
2025 10.9% 42% 33.2% 59.9%
2024 12% 41% 34.4% 61%
2023 12.6% 39.7% 35.1% 55.4%
2022 13% 37.9% 34.1% 61.3%
2021 12.9% 35.6% 34.5% 64.4%
2020 13.3% 34.5% 33.7% 65.3%
2019 13.6% 32% 32.9% 51%
2018 13% 29.6% 34.7% 51.8%
2017 12.2% 28.3% 29.3% 49.4%
2016 11.6% 27.7% 30% 49.9%
2015 11.5% 28.2% 31.3% 50.4%
2014 11.7% 28.7% 31.3% 43.3%
2013 12.1% 28.3% 30% 37.6%
2012 11.7% 29.1% 29.1% 34%
2011 11.5% 29.4% 30.2% 35.8%
2010 10.6% 29.6% 30.4% 36.5%
2009 10.6% 33% 30.9% 35.4%
2008 11.5% 33.9% 28.4% 32.4%
2007 9.63% 35% 28.2% 32.7%
2006 10.1% 35.3% 28.4% 36%
2005 10.3% 35.6% 25.9% 38.5%
2004 9.88% 36.6% 26.6% 41.5%
2003 10.2% 37% 28% 45%
2002 10.4% 38.9% 28.1% 47.5%
2001 10.7% 37.1% 27.5% 41.1%
2000 9.76% 31.2% 26.6% 38%
1999 8.66% 32.7% 28.3% 34%
1998 9.82% 31.1% 26.3% 27.5%
1997 9.89% 29.1% 26.2% 25.3%
1996 9.79% 31% 25.1% 23.3%
1995 10.5% 32.9% 22.2% 13.8%
1994 10% 35.5% 20.6% 12.5%
1993 9.74% 34.1% 20% 14.2%
1992 8.8% 33.1% 18.4% 16.1%
1991 8.86% 31.8% 17.7% 14.5%
1990 9.14% 31.5% 17.4% 16.7%
1989 - - 10.3% 17.3%
1988 - - 10.3% 17.9%
1987 - - 9.7% 18.9%
1986 - - 9.8% 20.2%
1985 - - 10.5% 19.3%
1984 - - 10.3% 15.5%
1983 - - 10.2% 10.8%
1982 - - 10.6% 8.8%
1981 - - 9.9% 8.5%
1980 - - 9.6% 8%
1979 - - 8.6% 7.7%
1978 - - 8.1% 7.6%
1977 - - 7.7% 9.2%
1976 - - 8% 12.2%
1975 - - 9.4% 14.6%
1974 - - 8.8% 15.9%
1973 - - 9.4% 16.3%
1972 - - 10.3% 16.9%
1971 - - 10.3% 16.2%
1970 - - 10% 16.7%
1969 - - 9.2% 17%
1968 - - 8.9% 16.2%
1967 - - 8.2% 15.8%
1966 - - 8% 15.3%
1965 - - 7% 15.2%
1964 - - 8.1% 13.1%
1963 - - 8.6% 13.9%
1962 - - 7.8% 14.8%
1961 - - 8.6% 8.7%
1960 - - 6.7% 7.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2002, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/colombia | CC BY

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Colombia spent $152B, or 33.2% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 59.9% in Colombia, ranking 124/185 and 78/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Colombia
1x
Year Deficit/surplus, % of GDP
Bangladesh Colombia
2025 -2.93% -5.75%
2024 -3.7% -6.04%
2023 -4.39% -2.92%
2022 -4.53% -6.36%
2021 -3.56% -7.28%
2020 -4.84% -7.12%
2019 -5.41% -3.48%
2018 -4.07% -4.67%
2017 -4.17% -2.5%
2016 -3.16% -2.27%
2015 -3.29% -3.52%
2014 -2.62% -1.74%
2013 -2.86% -1.02%
2012 -2.56% 0.15%
2011 -2.96% -1.99%
2010 -2.23% -3.3%
2009 -2.68% -2.67%
2008 -3.36% 0.04%
2007 -1.86% -0.82%
2006 -2.15% -0.99%
2005 -2.4% -0.02%
2004 -2.21% -1.31%
2003 -1.96% -2.7%
2002 -2.3% -3.45%
2001 -3.44% -2.71%
2000 -2.5% -2.94%
1999 -1.35% -5.37%
1998 -2.2% -3.86%
1997 -1.94% -3.23%
1996 -2.01% -2.49%
1995 -0.38% -1%
1994 0.03% -0.14%
1993 0.43% -0.24%
1992 0.36% -0.07%
1991 0.44% 0.35%
1990 -0.15% -0.41%
1989 - -1.4%
1988 - -1.3%
1987 - -0.4%
1986 - -1.4%
1985 - -2.4%
1984 - -3.3%
1983 - -3.1%
1982 - -3.6%
1981 - -2.8%
1980 - -2.2%
1979 - -0.7%
1978 - 0.3%
1977 - 0.5%
1976 - 0.6%
1975 - -0.5%
1974 - -1.2%
1973 - -1.1%
1972 - -1.7%
1971 - -1%
1970 - -0.7%
1969 - -0.5%
1968 - 0%
1967 - -0.2%
1966 - 0.1%
1965 - -0.6%
1964 - -1.1%
1963 - -1.7%
1962 - -1.6%
1961 - -1.5%
1960 - 1.2%
1959 - 2%
1958 - 1.7%
1957 - 1.4%
1956 - -0.2%
1955 - 0.7%
1954 - 1.3%
1953 - 1.3%
1952 - 1.6%
1951 - 2.1%
1950 - 0.9%
1949 - 0.5%
1948 - -0.1%
1947 - 0.2%
1946 - -0.5%
1945 - 0.1%
1944 - -0.2%
1943 - -0.7%
1942 - -1.5%
1941 - 0%
1940 - -1.5%
1939 - 0.8%
1938 - 0.5%
1937 - 1.4%
1936 - 1.1%
1935 - 1.3%
1934 - 0.2%
1933 - -0.4%
1932 - -0.8%
1931 - -0.2%
1930 - 0.3%
1929 - 0.4%
1928 - -0.4%
1927 - -0.6%
1926 - 0%
1925 - 1%
1924 - 0.5%
1923 - 0.3%
1922 - -0.7%
1921 - -1.6%
1920 - 0.4%
1919 - -0.8%
1918 - -2.1%
1917 - -0.5%
1916 - 0.2%
1915 - -0.2%
1914 - -0.5%
1913 - 0.5%
1912 - -0.3%
1911 - -0.1%
1910 - -0.3%
1909 - -3.3%
1908 - -2.7%
1907 - -2.7%
1906 - 0.2%
1905 - -0.9%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1905–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/colombia | CC BY

In 2025, Bangladesh's government deficit, the difference between spending and revenue, was $13.4B, equivalent to 2.93% of GDP. This compares to Colombia's deficit of $26.3B, or 5.75% of GDP.

Over the past 36 years, Bangladesh recorded a fiscal deficit in 32 of those years, while Colombia ran a deficit in 33 years. On average, Bangladesh posted an annual deficit equal to 2.47% of GDP, compared to deficit of 2.61% of GDP for Colombia.

Inflation comparison by year

Inflation
Bangladesh

Colombia
1x
Year Consumer prices inflation
Bangladesh Colombia
2025 10% 5.14%
2024 9.7% 6.61%
2023 9% 11.7%
2022 6.1% 10.2%
2021 5.6% 3.5%
2020 5.6% 2.53%
2019 5.5% 3.52%
2018 5.8% 3.24%
2017 5.4% 4.31%
2016 5.9% 7.51%
2015 6.4% 4.99%
2014 7.3% 2.9%
2013 6.8% 2.02%
2012 8.9% 3.17%
2011 8.8% 3.42%
2010 7.3% 2.27%
2009 6.7% 4.2%
2008 9.9% 7%
2007 7.2% 5.54%
2006 7.2% 4.29%
2005 6.5% 5.05%
2004 8.1% 5.9%
2003 3.9% 7.13%
2002 2.4% 6.35%
2001 1.8% 7.97%
2000 3.6% 9.23%
1999 8.9% 10.9%
1998 6.7% 18.7%
1997 2.7% 18.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/colombia | CC BY

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 6.47% in Colombia. In 2025, inflation was 10% in Bangladesh and 5.14% in Colombia.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $45.8M
Chemicals & pharma $430K
Machinery & equipment $58K
Raw materials & minerals $21K
Wood & paper products $20K
Colombia
Export category Export value
Machinery & equipment $650K
Metals $102K
Textiles & consumer goods $44K
Processed food, beverages & tobacco $16K
Chemicals & pharma $12K
Raw materials & minerals $7K
Miscellaneous $6K
Wood & paper products $2K

Balance of trade

Bangladesh Colombia
Current account balance
-$239M
2025
-$10.9B
2025
Current account balance ranking
93/190
2025
176/190
2025
Current account balance, % of GDP
-0.05%
2025
-2.38%
2025
Goods imports
$66B
2025
$66.3B
2025
Goods exports
$43.8B
2025
$51.5B
2025
Service imports
$14.7B
2025
$19.6B
2025
Service exports
$8.42B
2025
$19.6B
2025
Imports of goods and services, % of GDP
16.8%
2025
20.4%
2025
Exports of goods and services, % of GDP
11.1%
2025
15%
2025

Economic freedom indices

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

Bangladesh Colombia
Economic freedom 54.8 59.8
Economic freedom ranking 131/197 101/197
Property rights 32.1 43.1
Government integrity 22.7 41.6
Judicial effectiveness 36.7 57.4
Tax burden 79.9 68.6
Government spending 95.3 64
Fiscal health 68.4 49.8
Business freedom 52.7 71.2
Labor freedom 50.5 59.1
Monetary freedom 65.8 71.9
Trade freedom 63 71.4
Investment freedom 50 60
Financial freedom 40 60

Economic freedom comparison by year

Bangladesh
Colombia
1x
Year Economic freedom index
Bangladesh Colombia
2026 54.8 59.8
2025 54.7 59.8
2024 54.4 59.2
2023 54.4 63.1
2022 52.7 65.1
2021 56.5 68.1
2020 56.4 69.2
2019 55.6 67.3
2018 55.1 68.9
2017 55 69.7
2016 53.3 70.8
2015 53.9 71.7
2014 54.1 70.7
2013 52.6 69.6
2012 53.2 68
2011 53 68
2010 51.1 65.5
2009 47.5 62.3
2008 44.2 62.2
2007 46.7 59.9
2006 52.9 60.4
2005 47.5 59.6
2004 50 61.2
2003 49.3 64.2
2002 51.9 64.2
2001 51.2 65.6
2000 48.9 63.3
1999 50 65.3
1998 52 65.5
1997 49.9 66.4
1996 51.1 64.3
1995 40.9 64.5

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

GeoRank.org/economy/bangladesh/colombia | CC BY

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 59.8 for Colombia, ranking 101/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Colombia
Services, % of GDP
52.1%
2025
58.5%
2025
Industry, % of GDP
34%
2025
21.8%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
9.95%
2025
GNI, Atlas method
$499B
2025
$422B
2025
GNI per capita, PPP
$10,710
2025
$22,250
2025
Total reserves including gold
$28.6B
2025
$65.8B
2025
Total reserves ranking
58/177
2025
41/177
2025
Net foreign direct investment
-$1.84B
2025
-$7.31B
2025
Net inflows of foreign direct investment
$1.28B
2024
$13.7B
2024
Net outflows of foreign direct investment
$34.1M
2024
$4.51B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
8.17%
2024
Poverty at national poverty lines
18.7%
2022
31.8%
2024
Gross capital formation, % of GDP
28.5%
2025
16.7%
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/bangladesh/colombia | 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 (1905–2002, 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 (2018–2025, 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.