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Economy of Bosnia and Herzegovina vs France compared: GDP & Debt

Updated on by Georank team

Bosnia and Herzegovina has a GDP of $29.6B compared to $3.16T for France, ranking 111/197 and 7/197 by economy size, respectively.

Bosnia and Herzegovina has $8.74B in government debt (29.5% of GDP), compared to $3.58T (113.1% of GDP) in France.

Bosnia and Herzegovina vs France GDP by year

Bosnia and Herzegovina
France
1x
Year GDP, current $
Bosnia France
2024 $29,613,572,023 $3,160,442,622,465
2023 $27,592,361,498 $3,056,250,648,138
2022 $24,534,663,636 $2,794,788,137,067
2021 $23,672,712,121 $2,966,433,692,008
2020 $20,226,038,370 $2,647,926,055,110
2019 $20,482,608,984 $2,722,793,515,172
2018 $20,484,058,033 $2,781,576,320,884
2017 $18,326,373,136 $2,588,868,323,335
2016 $17,116,926,554 $2,470,407,619,777
2015 $16,404,348,361 $2,442,483,452,643
2014 $18,558,734,107 $2,861,236,112,552
2013 $18,179,109,209 $2,816,077,607,875
2012 $17,226,735,996 $2,683,007,095,787
2011 $18,644,233,537 $2,870,408,553,990
2010 $17,176,315,804 $2,646,230,027,988
2009 $17,613,949,091 $2,700,075,882,519
2008 $19,112,796,623 $2,926,802,941,586
2007 $15,778,734,264 $2,655,816,911,867
2006 $12,864,841,906 $2,317,861,544,691
2005 $11,222,796,337 $2,192,146,403,028
2004 $10,156,541,221 $2,109,792,297,237
2003 $8,498,894,359 $1,835,095,983,049
2002 $6,728,220,983 $1,492,427,756,382
2001 $5,800,615,375 $1,370,376,677,299
2000 $5,567,772,769 $1,360,959,069,477
1999 $4,686,256,363 $1,486,915,879,702
1998 $4,116,774,301 $1,496,906,382,032
1997 $3,671,909,673 $1,449,392,222,971
1996 $2,786,045,322 $1,598,889,216,566
1995 $1,866,572,954 $1,595,219,345,512
1994 $1,255,802,469 $1,385,822,778,828
1993 $3,630,668,950 $1,314,383,368,080
1992 $4,735,044,707 $1,389,663,073,110
1991 $6,122,959,184 $1,258,961,748,634
1990 $7,753,478,261 $1,257,649,439,827
1989 - $1,016,742,237,302
1988 - $1,010,827,662,152
1987 - $926,320,855,615
1986 - $764,946,585,851
1985 - $547,220,981,165
1984 - $525,033,325,828
1983 - $553,356,312,936
1982 - $578,152,310,610
1981 - $609,184,791,792
1980 - $694,529,183,483
1979 - $608,218,624,730
1978 - $501,724,418,605
1977 - $406,401,711,688
1976 - $368,363,152,144
1975 - $357,324,307,786
1974 - $282,739,225,314
1973 - $261,970,536,240
1972 - $201,738,881,664
1971 - $164,694,210,962
1970 - $147,312,861,698
1969 - $140,660,914,841
1968 - $128,710,572,572
1967 - $118,088,635,381
1966 - $109,306,730,313
1965 - $100,927,668,584
1964 - $93,424,179,943
1963 - $84,227,606,650
1962 - $75,196,980,365
1961 - $67,158,050,215
1960 - $61,959,085,885

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

GeoRank.org/economy/bosnia-and-herzegovina/france | CC BY

GDP per capita in Bosnia and Herzegovina vs France by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $9,359 $25,043 $46,103 $62,557
2023 $8,663 $23,376 $44,700 $60,839
2022 $7,656 $21,651 $40,989 $57,043
2021 $7,295 $18,287 $43,725 $52,517
2020 $6,130 $16,370 $39,170 $49,482
2019 $6,122 $16,429 $40,408 $51,130
2018 $6,048 $14,859 $41,418 $46,381
2017 $5,345 $13,627 $38,687 $44,469
2016 $4,929 $12,899 $37,024 $42,880
2015 $4,662 $11,845 $36,702 $40,905
2014 $5,206 $11,168 $43,148 $40,218
2013 $5,035 $10,808 $42,669 $39,583
2012 $4,694 $10,121 $40,864 $37,671
2011 $4,983 $9,761 $43,930 $37,510
2010 $4,506 $9,086 $40,695 $35,908
2009 $4,540 $8,698 $41,728 $34,685
2008 $4,842 $8,587 $45,465 $35,053
2007 $3,931 $7,686 $41,486 $34,066
2006 $3,166 $6,869 $36,432 $32,424
2005 $2,740 $5,956 $34,696 $30,431
2004 $2,453 $5,407 $33,645 $28,921
2003 $2,034 $4,917 $29,480 $28,024
2002 $1,607 $4,665 $24,145 $28,350
2001 $1,388 $4,307 $22,332 $27,347
2000 $1,338 $4,148 $22,341 $26,007
1999 $1,135 $3,875 $24,576 $24,204
1998 $1,007 $3,524 $24,869 $23,263
1997 $914 $3,041 $24,169 $22,190
1996 $719 $2,269 $26,758 $21,268
1995 $502 $1,507 $26,792 $20,701
1994 $337 $1,269 $23,360 $19,892
1993 $930 $1,067 $22,239 $19,094
1992 $1,118 $982 $23,615 $18,801
1991 $1,373 $975 $21,501 $18,198
1990 $1,743 $1,043 $21,586 $17,475
1989 - - $17,547 -
1988 - - $17,550 -
1987 - - $16,176 -
1986 - - $13,430 -
1985 - - $9,657 -
1984 - - $9,312 -
1983 - - $9,862 -
1982 - - $10,360 -
1981 - - $10,956 -
1980 - - $12,565 -
1979 - - $11,063 -
1978 - - $9,167 -
1977 - - $7,459 -
1976 - - $6,792 -
1975 - - $6,617 -
1974 - - $5,261 -
1973 - - $4,907 -
1972 - - $3,809 -
1971 - - $3,137 -
1970 - - $2,833 -
1969 - - $2,729 -
1968 - - $2,518 -
1967 - - $2,328 -
1966 - - $2,173 -
1965 - - $2,024 -
1964 - - $1,891 -
1963 - - $1,723 -
1962 - - $1,554 -
1961 - - $1,402 -
1960 - - $1,307 -

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

GeoRank.org/economy/bosnia-and-herzegovina/france | CC BY

Bosnia and Herzegovina's GDP per capita is $9,359, ranking 87/197, compared to $46,103 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while France ranks 30th at $62,557.

Economic indicators

Bosnia France
Gross domestic product
$29.6B
2024
$3.16T
2024
GDP rank
111/197
2024
7/197
2024
GDP growth
2.97%
2023-2024
1.19%
2023-2024
GDP per capita
$9,359
2024
$46,103
2024
GDP per capita rank
87/197
2024
27/197
2024
GDP per capita, PPP
$25,043
2024
$62,557
2024
GDP per capita PPP rank
83/197
2024
30/197
2024
Government debt
$8.74B
2024
$3.58T
2024
Debt-to-GDP ratio
29.5%
2024
113.1%
2024
Government debt per person
$2,763
2024
$52,165
2024
Government debt per person rank
107/185
2024
8/185
2024
Average annual personal income after taxes
$8,501
2026
$35,669
2026
Market capitalization of domestic companies n/a
$2.37T
2018
Number of millionaires n/a
2,897,000
2025
Number of billionaires n/a
52
2025
Income share by richest 10%
25.1%
2011
25%
2023
Income share by poorest 10%
2.9%
2011
3%
2023
Government expenditure, % of GDP
43.3%
2024
57.2%
2024
Consumer prices inflation
1.7%
2023-2024
2%
2023-2024
Unemployment rate
10.7%
2024
7.44%
2024
Population
3116111
68788006

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
France
Spending

Debt
1x
Year % of GDP
Bosnia France
Government spending Government debt Government spending Government debt
2024 43.3% 29.5% 57.2% 113.1%
2023 41.7% 29% 56.8% 109.6%
2022 39.4% 31.2% 58.4% 111.4%
2021 40.6% 35.8% 59.5% 112.8%
2020 45.4% 37.2% 61.7% 114.9%
2019 39.9% 32.8% 55.3% 98.1%
2018 40.4% 34.5% 56.4% 98.5%
2017 40% 38.6% 57.7% 98.7%
2016 41.5% 44.9% 57.4% 98.1%
2015 42.7% 46.4% 57.6% 96.9%
2014 46.2% 47.1% 58.4% 96.1%
2013 44.5% 43.8% 58.6% 94.5%
2012 46.9% 43.6% 57.9% 91.7%
2011 46.4% 40.9% 57% 88.7%
2010 48.7% 42.2% 57.7% 86.3%
2009 49% 36.4% 58% 84.1%
2008 48.4% 30.3% 54.3% 69.8%
2007 45.2% 18.2% 53.6% 65.5%
2006 44.2% 20.6% 53.7% 65.4%
2005 44.5% 24.9% 54.3% 68.2%
2004 45.6% 25.5% 54% 66.9%
2003 47.3% 27.6% 54.4% 65.4%
2002 47.4% 31.1% 53.9% 61.3%
2001 50.2% 35.1% 52.8% 59.3%
2000 56.2% 34.6% 52.6% 59.7%
1999 57.5% 56% 53.7% 61.4%
1998 54.4% 54.4% 54% 62.1%
1997 - - 55.6% 62%
1996 - - 56% 60.6%
1995 - - 56% 57.8%
1994 - - 55.9% 51.6%
1993 - - 56.5% 48.2%
1992 - - 54% 41.7%
1991 - - 52.7% 37.8%
1990 - - 51.6% 36.8%
1989 - - 48.9% 34%
1988 - - 50.1% 33.3%
1987 - - 50.7% 33.4%
1986 - - 51.3% 31.1%
1985 - - 51.9% 30.6%
1984 - - 51.2% 29%
1983 - - 50.2% 26.6%
1982 - - 49.9% 25.3%
1981 - - 48.5% 22%
1980 - - 46% 20.7%
1979 - - 44.9% 21.1%
1978 - - 44.7% 21.2%
1977 - - 21.4% 15%
1976 - - 21.7% 15.1%
1975 - - 22% 16.1%
1974 - - 19.9% 15.4%
1973 - - 19.7% 15.8%
1972 - - 19.8% 17.7%
1971 - - 20% 20.1%
1970 - - 20.5% 21%
1969 - - 21.5% 14.4%
1968 - - 22.7% 15.8%
1967 - - 21.4% 16.1%
1966 - - 21.4% 15.3%
1965 - - 21.1% 17.6%
1964 - - 21% 19.6%
1963 - - 22.6% 22.2%
1962 - - 21.7% 23.6%
1961 - - 21.9% 26.3%
1960 - - 22.2% 28.5%

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/bosnia-and-herzegovina/france | CC BY

In 2024, Bosnia and Herzegovina's government spending was $12.8B, accounting for 43.3% of its GDP, while France spent $1.81T, or 57.2% of GDP.

Debt-to-GDP ratio is 29.5% in Bosnia and Herzegovina and 113.1% in France, ranking 159/185 and 14/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

France
1x
Year Deficit/surplus, % of GDP
Bosnia France
2024 -1.88% -5.77%
2023 -1.67% -5.44%
2022 0.15% -4.74%
2021 -0.18% -6.58%
2020 -4.5% -8.93%
2019 1.37% -2.39%
2018 1.63% -2.32%
2017 1.79% -3.36%
2016 0.34% -3.76%
2015 -0.19% -3.89%
2014 -2.87% -4.57%
2013 -1.28% -4.94%
2012 -2.68% -5.17%
2011 -2.73% -5.3%
2010 -4.06% -7.16%
2009 -5.34% -7.38%
2008 -3.82% -3.5%
2007 0.17% -2.99%
2006 2.08% -2.66%
2005 0.74% -3.5%
2004 -0.18% -3.55%
2003 -0.44% -4.09%
2002 -2.99% -3.18%
2001 -3.44% -1.42%
2000 -4.63% -1.32%
1999 -2.78% -1.55%
1998 -0.98% -2.39%
1997 - -3.71%
1996 - -3.89%
1995 - -5.11%
1994 - -5.46%
1993 - -6.4%
1992 - -4.64%
1991 - -2.89%
1990 - -2.45%
1989 - -1.9%
1988 - -2.7%
1987 - -2.13%
1986 - -3.3%
1985 - -3.08%
1984 - -2.8%
1983 - -2.58%
1982 - -2.91%
1981 - -2.39%
1980 - -0.27%
1979 - -0.36%
1978 - -1.73%
1977 - 0.9%
1976 - 1.01%
1975 - -0.28%
1974 - 3.05%
1973 - 1.97%
1972 - 1.94%
1971 - -0.13%
1970 - 0.02%
1969 - -0.49%
1968 - -2.54%
1967 - -0.8%
1966 - -0.57%
1965 - -0.07%
1964 - -0.25%
1963 - -2.24%
1962 - -1.53%
1961 - -1.36%
1960 - -1.95%
1959 - 0.56%
1958 - 0.08%
1957 - -1.99%
1956 - -2.62%
1955 - -1.04%
1954 - -0.78%
1953 - -4.79%
1952 - -6.82%
1951 - -4.42%
1950 - -5.56%
1949 - -7.31%
1948 - -9.11%
1947 - -7.6%
1946 - -8.1%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -6.89%
1936 - -4.76%
1935 - -4.22%
1934 - -4.31%
1933 - -4.96%
1932 - -1.86%
1931 - -2.06%
1930 - -1.65%
1929 - 1.48%
1928 - 1.13%
1927 - -0.04%
1926 - -0.02%
1925 - -0.87%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.05%
1912 - 0.23%
1911 - 0.31%
1910 - -0.12%
1909 - -0.11%
1908 - -0.15%
1907 - 0.23%
1906 - -0.04%
1905 - 0.18%
1904 - 0.3%
1903 - 0.21%
1902 - -0.37%
1901 - -0.39%
1900 - 0.21%
1899 - 0.21%
1898 - 0.29%
1897 - 0.01%
1896 - -0.03%
1895 - -0.07%
1894 - -0.08%
1893 - -0.3%
1892 - -0.03%
1891 - 0.36%
1890 - 0.31%
1889 - 0.09%
1888 - 0.18%
1887 - -0.07%
1886 - -0.5%
1885 - -0.59%
1884 - -0.35%
1883 - -0.23%
1882 - -0.15%
1881 - 0.64%
1880 - 0.65%

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/bosnia-and-herzegovina/france | CC BY

In 2024, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $557M, equivalent to 1.88% of GDP. This compares to France's deficit of $182B, or 5.77% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while France ran a deficit in 27 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.42% of GDP, compared to deficit of 4.14% of GDP for France.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

France
1x
Year Consumer prices inflation
Bosnia France
2024 1.7% 2%
2023 6.1% 4.88%
2022 14% 5.22%
2021 2% 1.64%
2020 -1.1% 0.48%
2019 0.6% 1.11%
2018 1.4% 1.85%
2017 0.8% 1.03%
2016 -1.6% 0.18%
2015 -1% 0.04%
2014 -0.9% 0.51%
2013 -0.1% 0.86%
2012 2.1% 1.95%
2011 4% 2.11%
2010 2.1% 1.53%
2009 -0.4% 0.09%
2008 7.4% 2.81%
2007 1.5% 1.49%
2006 6.1% 1.68%
2005 3.6% 1.75%
2004 0.3% 2.14%
2003 0.5% 2.1%
2002 0.3% 1.92%
2001 3.2% 1.63%
2000 5% 1.68%
1999 2.8% 0.54%
1998 -0.3% 0.65%
1997 5.7% 1.2%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/bosnia-and-herzegovina/france | CC BY

Over the past 28 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.35%, compared with 1.61% in France. In 2024, inflation was 1.7% in Bosnia and Herzegovina and 2% in France.

Top exports between countries

Bosnia
Export category Export value
Textiles & consumer goods $83.5M
Machinery & equipment $45.7M
Wood & paper products $26.9M
Transport & tourism services $24.6M
Metals $15.2M
Chemicals & pharma $11M
Raw agricultural goods $5.98M
Processed food, beverages & tobacco $5.9M
Raw materials & minerals $5.26M
IT & IP services $3.78M
France
Export category Export value
Machinery & equipment $61.1M
Chemicals & pharma $21.4M
Metals $9.71M
Textiles & consumer goods $9.37M
Processed food, beverages & tobacco $6.45M
Raw materials & minerals $4.76M
Animal & marine products $4.38M
Raw agricultural goods $863K
Wood & paper products $842K
Miscellaneous $822K

Balance of trade

Bosnia France
Current account balance
-$1.03B
2024
$2.69B
2024
Current account balance ranking
123/190
2024
42/190
2024
Current account balance, % of GDP
-3.47%
2024
+0.09%
2024
Goods imports
$14.8B
2024
$733B
2024
Goods exports
$8.36B
2024
$668B
2024
Service imports
$1.27B
2024
$341B
2024
Service exports
$3.74B
2024
$403B
2024
Imports of goods and services, % of GDP
54.3%
2024
34.2%
2024
Exports of goods and services, % of GDP
40.9%
2024
33.9%
2024

Economic freedom indices

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

Bosnia France
Economic freedom 63.1 64.6
Economic freedom ranking 83/197 72/197
Property rights 46.9 91.2
Government integrity 36.8 73.4
Judicial effectiveness 36.1 84.7
Tax burden 93.9 54.6
Government spending 48.4 0.9
Fiscal health 96.2 34.8
Business freedom 65.1 78.4
Labor freedom 62.7 59.1
Monetary freedom 77.5 73.2
Trade freedom 69 79.4
Investment freedom 65 75
Financial freedom 60 70

Economic freedom comparison by year

Bosnia and Herzegovina
France
1x
Year Economic freedom index
Bosnia France
2026 63.1 64.6
2025 63.5 64.4
2024 62 62.5
2023 62.9 63.6
2022 63.4 65.9
2021 62.9 65.7
2020 62.6 66
2019 61.9 63.8
2018 61.4 63.9
2017 60.2 63.3
2016 58.6 62.3
2015 59 62.5
2014 58.4 63.5
2013 57.3 64.1
2012 57.3 63.2
2011 57.5 64.6
2010 56.2 64.2
2009 53.1 63.3
2008 53.9 64.7
2007 54.4 62.1
2006 55.6 61.1
2005 48.8 60.5
2004 44.7 60.9
2003 40.6 59.2
2002 37.4 58
2001 36.6 58
2000 45.1 57.4
1999 29.4 59.1
1998 29.4 58.9
1997 - 59.1
1996 - 63.7
1995 - 64.4

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

GeoRank.org/economy/bosnia-and-herzegovina/france | CC BY

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 64.6 for France, ranking 72/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia France
Services, % of GDP
56.6%
2024
70.9%
2024
Industry, % of GDP
22.4%
2024
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
4.53%
2024
1.3%
2024
GNI, Atlas method
$27.8B
2024
$3.1T
2024
GNI per capita, PPP
$24,990
2024
$63,880
2024
Total reserves including gold
$9.42B
2024
$283B
2024
Total reserves ranking
79/177
2024
13/177
2024
Net foreign direct investment
-$885M
2024
-$10.3B
2024
Net inflows of foreign direct investment
$1B
2024
$52.1B
2024
Net outflows of foreign direct investment
$119M
2024
$41.7B
2024
Servicing debt to the IMF, % of GNI
4.93%
2024
n/a
Poverty at national poverty lines
16.9%
2015
15.6%
2021
Gross capital formation, % of GDP
27.5%
2024
21.5%
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/bosnia-and-herzegovina/france | 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)
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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.