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Economy of Brazil vs Fiji compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $5.97B for Fiji, ranking 10/197 and 161/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $4.54B (76.2% of GDP) in Fiji.

Brazil vs Fiji GDP by year

Brazil
Fiji
1x
Year GDP, current $
Brazil Fiji
2024 $2,185,821,648,944 $5,968,125,909
2023 $2,191,131,869,706 $5,476,673,518
2022 $1,951,923,832,084 $4,977,861,886
2021 $1,670,647,464,063 $4,158,873,156
2020 $1,476,107,292,152 $4,227,719,873
2019 $1,873,288,158,839 $5,344,907,153
2018 $1,916,933,708,353 $5,581,425,327
2017 $2,063,514,688,806 $5,353,469,174
2016 $1,795,693,265,999 $4,930,213,644
2015 $1,802,211,999,456 $4,682,479,894
2014 $2,456,043,766,032 $4,857,104,769
2013 $2,472,819,362,044 $4,189,967,999
2012 $2,465,228,293,707 $3,972,028,104
2011 $2,616,156,606,579 $3,779,411,899
2010 $2,208,838,108,484 $3,140,166,713
2009 $1,666,996,294,252 $2,870,624,636
2008 $1,695,855,391,758 $3,523,185,920
2007 $1,397,114,247,189 $3,378,314,600
2006 $1,107,626,711,163 $3,076,305,453
2005 $891,633,826,625 $2,980,403,845
2004 $669,289,321,945 $2,708,078,477
2003 $558,233,724,165 $2,300,492,465
2002 $509,795,270,685 $1,833,279,985
2001 $559,983,704,094 $1,652,462,023
2000 $655,448,188,259 $1,678,219,508
1999 $599,642,075,004 $1,936,459,986
1998 $863,711,007,325 $1,653,146,717
1997 $883,206,452,795 $2,090,221,137
1996 $850,426,433,004 $2,128,696,644
1995 $769,333,330,412 $1,970,301,486
1994 $525,369,851,354 $1,825,732,093
1993 $368,295,778,245 $1,636,101,247
1992 $328,187,960,872 $1,532,411,039
1991 $342,609,231,343 $1,383,883,250
1990 $390,725,626,003 $1,337,017,559
1989 $412,990,820,287 $1,182,660,266
1988 $307,881,930,752 $1,110,009,523
1987 $283,056,836,894 $1,177,947,965
1986 $256,480,852,471 $1,290,267,340
1985 $210,879,844,639 $1,141,168,944
1984 $188,339,974,087 $1,178,000,678
1983 $189,656,506,321 $1,123,085,190
1982 $271,314,113,768 $1,194,059,943
1981 $258,015,174,749 $1,235,626,771
1980 $237,393,489,893 $1,202,618,816
1979 $221,338,204,480 $1,019,691,460
1978 $200,278,646,124 $829,267,889
1977 $176,344,101,402 $719,501,766
1976 $153,168,949,208 $694,540,806
1975 $129,203,555,239 $684,282,434
1974 $109,794,519,728 $558,587,097
1973 $83,592,275,863 $425,950,488
1972 $58,434,858,375 $316,656,649
1971 $48,869,830,902 $247,749,328
1970 $42,327,664,794 $219,878,482
1969 $37,171,640,819 $182,182,068
1968 $33,930,457,425 $166,952,937
1967 $31,086,389,195 $162,625,886
1966 $28,283,323,733 $150,603,926
1965 $22,465,522,884 $147,084,750
1964 $20,963,733,695 $140,032,741
1963 $23,287,712,878 $129,454,729
1962 $19,231,747,852 $122,906,435
1961 $17,275,940,449 $116,987,785
1960 $17,030,465,539 $112,328,422

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

GeoRank.org/economy/brazil/fiji | CC BY

GDP per capita in Brazil vs Fiji by year

Brazil
GDP per capita

GDP per capita, PPP
Fiji
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Fiji
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $6,426 $15,450
2023 $10,378 $21,176 $5,926 $14,644
2022 $9,281 $19,877 $5,414 $12,982
2021 $7,973 $18,076 $4,537 $10,322
2020 $7,074 $16,102 $4,621 $10,716
2019 $9,030 $16,070 $5,842 $12,978
2018 $9,301 $15,464 $6,085 $12,984
2017 $10,081 $14,559 $5,827 $12,585
2016 $8,836 $14,309 $5,364 $11,766
2015 $8,936 $14,821 $5,098 $11,519
2014 $12,275 $15,827 $5,293 $10,516
2013 $12,459 $15,722 $4,572 $8,842
2012 $12,522 $15,198 $4,341 $8,204
2011 $13,397 $15,212 $4,140 $7,672
2010 $11,403 $14,452 $3,449 $7,339
2009 $8,679 $13,391 $3,164 $7,068
2008 $8,908 $13,445 $3,900 $7,154
2007 $7,410 $12,673 $3,763 $6,990
2006 $5,934 $11,751 $3,455 $6,921
2005 $4,828 $11,081 $3,378 $6,652
2004 $3,664 $10,526 $3,097 $6,463
2003 $3,091 $9,802 $2,656 $6,033
2002 $2,856 $9,617 $2,137 $5,914
2001 $3,176 $9,304 $1,945 $5,699
2000 $3,767 $9,092 $1,996 $5,521
1999 $3,494 $8,635 $2,328 $5,552
1998 $5,106 $8,599 $2,010 $5,090
1997 $5,299 $8,602 $2,574 $5,031
1996 $5,179 $8,301 $2,648 $5,109
1995 $4,757 $8,097 $2,467 $4,818
1994 $3,299 $7,727 $2,297 $4,627
1993 $2,349 $7,260 $2,070 $4,334
1992 $2,127 $6,869 $1,951 $4,172
1991 $2,258 $6,867 $1,775 $3,873
1990 $2,620 $6,688 $1,729 $3,882
1989 $2,819 - $1,543 -
1988 $2,141 - $1,463 -
1987 $2,006 - $1,569 -
1986 $1,854 - $1,745 -
1985 $1,556 - $1,577 -
1984 $1,420 - $1,667 -
1983 $1,461 - $1,628 -
1982 $2,138 - $1,773 -
1981 $2,080 - $1,879 -
1980 $1,959 - $1,873 -
1979 $1,870 - $1,627 -
1978 $1,733 - $1,355 -
1977 $1,562 - $1,204 -
1976 $1,390 - $1,186 -
1975 $1,201 - $1,188 -
1974 $1,045 - $984 -
1973 $815 - $762 -
1972 $583 - $575 -
1971 $500 - $458 -
1970 $444 - $414 -
1969 $399 - $350 -
1968 $374 - $327 -
1967 $351 - $326 -
1966 $328 - $310 -
1965 $268 - $311 -
1964 $257.3 - $306 -
1963 $294.2 - $291.4 -
1962 $250.2 - $285.5 -
1961 $231.6 - $280.3 -
1960 $235.3 - $277.4 -

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

GeoRank.org/economy/brazil/fiji | CC BY

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $6,426 in Fiji, ranking 108/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Fiji ranks 113th at $15,450.

Economic indicators

Brazil Fiji
Gross domestic product
$2.19T
2024
$5.97B
2024
GDP rank
10/197
2024
161/197
2024
GDP growth
3.42%
2023-2024
3.53%
2023-2024
GDP per capita
$10,311
2024
$6,426
2024
GDP per capita rank
85/197
2024
108/197
2024
GDP per capita, PPP
$22,338
2024
$15,450
2024
GDP per capita PPP rank
88/197
2024
113/197
2024
Government debt
$1.91T
2024
$4.54B
2024
Debt-to-GDP ratio
87.3%
2024
76.2%
2024
Government debt per person
$8,999
2024
$4,893
2024
Government debt per person rank
60/185
2024
80/185
2024
Average annual personal income after taxes
$6,263
2026
$6,964
2026
Market capitalization of domestic companies
$659B
2024
n/a
Number of millionaires
433,000
2025
n/a
Number of billionaires
56
2025
n/a
Income share by richest 10%
40.8%
2023
24.2%
2019
Income share by poorest 10%
1.3%
2023
3.5%
2019
Government expenditure, % of GDP
45.7%
2024
29.7%
2024
Consumer prices inflation
4.4%
2023-2024
4.51%
2023-2024
Central bank interest rate
15%
2025
0.25%
2020
Unemployment rate
6.8%
2024
5.36%
2024
Population
213824938
938628

Spending and national debt comparison by year

Brazil
Spending

Debt
Fiji
Spending

Debt
1x
Year % of GDP
Brazil Fiji
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 29.7% 76.2%
2023 45.3% 84% 28.8% 79.1%
2022 43.4% 83.9% 30.9% 83.3%
2021 40.4% 88.9% 36.7% 89%
2020 46.2% 96% 36.2% 72.9%
2019 43% 87.1% 30.8% 49.7%
2018 44.2% 84.8% 31.8% 44.8%
2017 44.3% 82.7% 27.3% 42.2%
2016 45.5% 77.4% 31.4% 43.6%
2015 46.2% 71.7% 29.8% 43%
2014 41.4% 61.6% 29.1% 44.5%
2013 39.8% 59.6% 25.1% 45.8%
2012 39.3% 61.6% 25.5% 47.7%
2011 39.4% 60.6% 25.3% 48.6%
2010 39.5% 62.4% 24.8% 51.8%
2009 40.5% 64.7% 26.2% 51.5%
2008 39.9% 61.4% 22.6% 47.5%
2007 40.4% 63% 23.3% 46%
2006 42.6% 64.6% 24.8% 49.2%
2005 41.9% 67% 23.3% 44%
2004 39.7% 68% 24% 44.5%
2003 41.3% 71.5% 25.8% 44.9%
2002 44.5% 76.1% 27.4% 43.4%
2001 39.8% 67.3% 26.4% 41%
2000 34.5% 62.2% 24.8% 36.9%
1999 39.6% 44.5% 23.2% 32.7%
1998 40.9% 38.9% 26.8% 36.6%
1997 38.6% 31.8% 29.1% 54.1%
1996 38.2% 30.7% 26.4% 48.8%
1995 - 28% 23.2% 48.4%
1994 - 30% 24.3% 47.6%
1993 - 32.6% 25.7% 44.3%
1992 - 37.1% 25.8% 42.2%
1991 - 38.1% - -
1990 - 40.6% - -
1989 - 40.2% - -
1988 - 46.9% - -
1987 - 50.3% - -
1986 11.7% 49.4% - -
1985 11.1% 52.6% - -
1984 10% 55.8% - -
1983 9.7% 51.5% - -
1982 8.1% 32.8% - -
1981 7.8% 34.6% - -
1980 6.8% 39.7% - -
1979 9% 36.6% - -
1978 10.2% 37% - -
1977 10.4% 31% - -
1976 10.6% 31.8% - -
1975 10.7% 27.7% - -
1974 10.5% 25.7% - -
1973 11% 22.4% - -
1972 12.6% 22.5% - -
1971 11.7% 17.9% - -
1970 11.4% 17% - -
1969 11.2% 16.5% - -
1968 14.4% 15.8% - -
1967 13.5% 13.8% - -
1966 14.6% 19.6% - -
1965 14% 17.6% - -
1964 25.4% 22.2% - -
1963 22.8% 20.4% - -
1962 23.1% 23.7% - -
1961 12% 25.7% - -
1960 13.7% 22.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

GeoRank.org/economy/brazil/fiji | CC BY

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Fiji spent $1.77B, or 29.7% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 76.2% in Fiji, ranking 38/185 and 47/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Fiji
1x
Year Deficit/surplus, % of GDP
Brazil Fiji
2024 -6.19% -3.36%
2023 -7.71% -6.82%
2022 -3.96% -11.2%
2021 -2.63% -14.6%
2020 -11.6% -9.24%
2019 -4.86% -3.67%
2018 -6.99% -4.72%
2017 -7.97% -2.22%
2016 -7.99% -5.58%
2015 -9.28% -3.8%
2014 -6.27% -3.36%
2013 -3.42% -0.08%
2012 -2.35% -0.67%
2011 -2.74% -0.69%
2010 -3.55% -1.26%
2009 -4.23% -2.76%
2008 -2.39% 1.54%
2007 -2.66% 0.35%
2006 -4.87% -0.74%
2005 -3.36% -1.14%
2004 -2.95% -0.95%
2003 -5.4% -3.34%
2002 -4.15% -3.58%
2001 -3.47% -4.4%
2000 -3.32% -1.37%
1999 -5.17% 1.1%
1998 -7.22% 5.21%
1997 -5.6% -4.48%
1996 -5.35% -3.35%
1995 - 0.77%
1994 - -0.19%
1993 - -1.83%
1992 - -2.14%
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 -1.6% -
1985 -1.3% -
1984 -0.4% -
1983 0.1% -
1982 1.4% -
1981 1% -
1980 2.5% -
1979 0.4% -
1978 -0.1% -
1977 0.1% -
1976 0.1% -
1975 0% -
1974 0.6% -
1973 0.1% -
1972 -0.1% -
1971 -0.3% -
1970 -0.4% -
1969 -0.6% -
1968 -1.6% -
1967 -2.1% -
1966 -1.3% -
1965 -2% -
1964 -8.79% -
1963 -5.78% -
1962 -6.82% -
1961 -2.93% -
1960 -3.85% -
1959 -0.18% -
1958 -0.76% -
1957 -0.29% -
1956 -0.14% -
1955 -0.62% -
1954 -0.49% -
1953 -1.26% -
1952 0.64% -
1951 0.87% -
1950 -1.58% -
1949 -1.22% -
1948 0.002% -
1947 0.25% -
1946 -1.78% -
1945 -2.87% -
1944 -2.37% -
1943 -0.75% -
1942 -2.55% -
1941 -2.15% -
1940 -1.13% -
1939 -1.2% -
1938 -0.59% -
1937 -1.62% -
1936 -0.27% -
1935 -0.5% -
1934 -2.28% -
1933 -1.56% -
1932 -6.47% -
1931 -1.56% -
1930 -3.58% -
1929 -0.09% -
1928 0.57% -
1927 0.12% -
1926 -0.76% -
1925 -0.07% -
1924 -0.45% -
1923 -1.94% -
1922 -3.8% -
1921 -2.98% -
1920 -3.11% -
1919 -3.69% -
1918 -4.51% -
1917 -4.8% -
1916 -4.35% -
1915 -6.33% -
1914 -7.32% -
1913 -1.91% -
1912 -3.05% -
1911 -2.15% -
1910 -2.06% -
1909 -1.62% -
1908 -1.89% -
1907 0.38% -
1906 0.28% -
1905 0.96% -
1904 -0.62% -
1903 1.79% -
1902 1.59% -
1901 -2.46% -
1900 -5.57% -
1899 -2.13% -
1898 -14% -
1897 -2.38% -
1896 -0.79% -
1895 -1.33% -
1894 -4.11% -
1893 -1.77% -
1892 -2.6% -
1891 0.51% -
1890 -3.02% -
1889 -3.79% -
1888 0.63% -
1887 -0.76% -
1886 -3.8% -
1885 -5.71% -
1884 -3.89% -
1883 -3.33% -
1882 -1.58% -
1881 -1.9% -
1880 -4.84% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/fiji | CC BY

In 2024, Brazil's government deficit, the difference between spending and revenue, was $135B, equivalent to 6.19% of GDP. This compares to Fiji's deficit of $201M, or 3.36% of GDP.

Over the past 33 years, Brazil recorded a fiscal deficit in 29 of those years, while Fiji ran a deficit in 28 years. On average, Brazil posted an annual deficit equal to 5.09% of GDP, compared to deficit of 2.81% of GDP for Fiji.

Inflation comparison by year

Inflation
Brazil

Fiji
1x
Year Consumer prices inflation
Brazil Fiji
2024 4.4% 4.51%
2023 4.6% 2.34%
2022 9.3% 4.32%
2021 8.3% 0.16%
2020 3.2% -2.6%
2019 3.7% 1.77%
2018 3.7% 4.08%
2017 3.4% 3.35%
2016 8.7% 3.86%
2015 9% 1.37%
2014 6.3% 0.52%
2013 6.2% 2.91%
2012 5.4% 3.42%
2011 6.6% 7.28%
2010 5% 3.69%
2009 4.9% 3.13%
2008 5.7% 7.73%
2007 3.6% 4.8%
2006 4.2% 2.49%
2005 6.9% 2.37%
2004 6.6% 2.83%
2003 14.7% 4.17%
2002 8.4% 0.76%
2001 6.8% 4.27%
2000 7% 1.09%
1999 4.9% 1.97%
1998 3.2% 5.71%
1997 6.9% 3.37%

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/brazil/fiji | CC BY

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 3.06% in Fiji. In 2024, inflation was 4.4% in Brazil and 4.51% in Fiji.

Top exports between countries

Brazil
Export category Export value
Textiles & consumer goods $436K
Processed food, beverages & tobacco $399K
Machinery & equipment $220K
Raw agricultural goods $59K
Raw materials & minerals $56K
Chemicals & pharma $37K
Metals $27K
Precious metals & jewellery $7K
Wood & paper products $2K
Fiji
Export category Export value
Machinery & equipment $1K
Wood & paper products $1K

Balance of trade

Brazil Fiji
Current account balance
-$66.2B
2024
-$866M
2022
Current account balance ranking
188/190
2024
120/190
2022
Current account balance, % of GDP
-3.03%
2024
-17.4%
2022
Goods imports
$274B
2024
$2.68B
2022
Goods exports
$340B
2024
$1.05B
2022
Service imports
$103B
2024
$754M
2022
Service exports
$48.1B
2024
$1.33B
2022
Imports of goods and services, % of GDP
17.6%
2024
69.2%
2023
Exports of goods and services, % of GDP
17.9%
2024
57%
2023

Economic freedom indices

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

Brazil Fiji
Economic freedom 52.4 59.5
Economic freedom ranking 148/197 103/197
Property rights 49.2 59.9
Government integrity 37.2 55.4
Judicial effectiveness 55.6 53.2
Tax burden 70.6 87.8
Government spending 39.8 70
Fiscal health 28 7.5
Business freedom 65.7 69.5
Labor freedom 57 66.9
Monetary freedom 76 72.4
Trade freedom 69 66.6
Investment freedom 40 55
Financial freedom 40 50

Economic freedom comparison by year

Brazil
Fiji
1x
Year Economic freedom index
Brazil Fiji
2026 52.4 59.5
2025 55.1 59.1
2024 53.2 58
2023 53.5 58
2022 53.3 56.4
2021 53.4 62.2
2020 53.7 63.4
2019 51.9 62.2
2018 51.4 62
2017 52.9 63.4
2016 56.5 58.8
2015 56.6 59
2014 56.9 58.7
2013 57.7 57.2
2012 57.9 57.3
2011 56.3 60.4
2010 55.6 60.3
2009 56.7 61
2008 56.2 61.8
2007 56.2 60.8
2006 60.9 58.4
2005 61.7 58.2
2004 62 58
2003 63.4 54.7
2002 61.5 53.9
2001 61.9 53.7
2000 61.1 57.8
1999 61.3 58.4
1998 52.3 58.2
1997 52.6 58
1996 48.1 57.4
1995 51.4 54.7

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

GeoRank.org/economy/brazil/fiji | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 59.5 for Fiji, ranking 103/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Fiji
Services, % of GDP
59.2%
2024
54.6%
2024
Industry, % of GDP
20.9%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
13.2%
2024
GNI, Atlas method
$2.11T
2024
$5.4B
2024
GNI per capita, PPP
$21,590
2024
$14,490
2024
Total reserves including gold
$330B
2024
$1.6B
2024
Total reserves ranking
11/177
2024
133/177
2024
Net foreign direct investment
-$47.8B
2024
-$86.9M
2022
Net inflows of foreign direct investment
$74.1B
2024
$204M
2024
Net outflows of foreign direct investment
$26.3B
2024
$25.6M
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
4.36%
2024
Poverty at national poverty lines
4.2%
2020
31%
2020
Gross capital formation, % of GDP
17%
2024
19.7%
2023

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/brazil/fiji | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, 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)
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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.