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Economy of Brazil vs Lebanon compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $20.1B for Lebanon, ranking 10/197 and 128/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Brazil vs Lebanon GDP by year

Brazil
Lebanon
1x
Year GDP, current $
Brazil Lebanon
2024 $2,185,821,648,944 -
2023 $2,191,131,869,706 $20,078,620,357
2022 $1,951,923,832,084 $20,992,421,949
2021 $1,670,647,464,063 $23,131,941,557
2020 $1,476,107,292,152 $31,712,128,254
2019 $1,873,288,158,839 $51,605,959,131
2018 $1,916,933,708,353 $54,901,519,156
2017 $2,063,514,688,806 $53,027,680,686
2016 $1,795,693,265,999 $51,147,308,774
2015 $1,802,211,999,456 $49,929,337,837
2014 $2,456,043,766,032 $48,095,213,747
2013 $2,472,819,362,044 $46,880,103,081
2012 $2,465,228,293,707 $44,016,799,516
2011 $2,616,156,606,579 $39,927,125,962
2010 $2,208,838,108,484 $38,443,907,042
2009 $1,666,996,294,252 $35,399,582,929
2008 $1,695,855,391,758 $29,118,916,105
2007 $1,397,114,247,189 $24,827,355,015
2006 $1,107,626,711,163 $22,022,709,851
2005 $891,633,826,625 $21,497,336,499
2004 $669,289,321,945 $21,159,827,992
2003 $558,233,724,165 $20,082,918,740
2002 $509,795,270,685 $19,152,238,806
2001 $559,983,704,094 $17,649,751,244
2000 $655,448,188,259 $17,260,364,842
1999 $599,642,075,004 $17,391,056,369
1998 $863,711,007,325 $17,247,179,006
1997 $883,206,452,795 $15,751,867,489
1996 $850,426,433,004 $13,690,217,334
1995 $769,333,330,412 $11,718,795,529
1994 $525,369,851,354 $9,599,127,050
1993 $368,295,778,245 $7,941,744,492
1992 $328,187,960,872 $5,843,579,161
1991 $342,609,231,343 $4,690,415,093
1990 $390,725,626,003 $2,838,485,354
1989 $412,990,820,287 $2,717,998,688
1988 $307,881,930,752 $3,313,540,068
1987 $283,056,836,894 -
1986 $256,480,852,471 -
1985 $210,879,844,639 -
1984 $188,339,974,087 -
1983 $189,656,506,321 -
1982 $271,314,113,768 -
1981 $258,015,174,749 -
1980 $237,393,489,893 -
1979 $221,338,204,480 -
1978 $200,278,646,124 -
1977 $176,344,101,402 -
1976 $153,168,949,208 -
1975 $129,203,555,239 -
1974 $109,794,519,728 -
1973 $83,592,275,863 -
1972 $58,434,858,375 -
1971 $48,869,830,902 -
1970 $42,327,664,794 -
1969 $37,171,640,819 -
1968 $33,930,457,425 -
1967 $31,086,389,195 -
1966 $28,283,323,733 -
1965 $22,465,522,884 -
1964 $20,963,733,695 -
1963 $23,287,712,878 -
1962 $19,231,747,852 -
1961 $17,275,940,449 -
1960 $17,030,465,539 -

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

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

GDP per capita in Brazil vs Lebanon by year

Brazil
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 - -
2023 $10,378 $21,176 $3,478 $12,575
2022 $9,281 $19,877 $3,654 $12,293
2021 $7,973 $18,076 $4,045 $11,600
2020 $7,074 $16,102 $5,561 $16,260
2019 $9,030 $16,070 $8,906 $21,710
2018 $9,301 $15,464 $9,175 $21,985
2017 $10,081 $14,559 $8,608 $20,964
2016 $8,836 $14,309 $8,089 $18,941
2015 $8,936 $14,821 $7,714 $17,046
2014 $12,275 $15,827 $7,578 $16,140
2013 $12,459 $15,722 $8,162 $16,316
2012 $12,522 $15,198 $8,407 $16,121
2011 $13,397 $15,212 $7,835 $14,975
2010 $11,403 $14,452 $7,626 $14,704
2009 $8,679 $13,391 $7,091 $13,586
2008 $8,908 $13,445 $5,912 $12,416
2007 $7,410 $12,673 $5,125 $11,356
2006 $5,934 $11,751 $4,635 $10,312
2005 $4,828 $11,081 $4,602 $10,020
2004 $3,664 $10,526 $4,601 $9,609
2003 $3,091 $9,802 $4,438 $8,914
2002 $2,856 $9,617 $4,291 $8,586
2001 $3,176 $9,304 $4,010 $8,289
2000 $3,767 $9,092 $3,987 $7,938
1999 $3,494 $8,635 $4,087 $7,793
1998 $5,106 $8,599 $4,125 $7,861
1997 $5,299 $8,602 $3,834 $7,632
1996 $5,179 $8,301 $3,393 $7,560
1995 $4,757 $8,097 $2,959 $6,796
1994 $3,299 $7,727 $2,468 $6,367
1993 $2,349 $7,260 $2,079 $5,871
1992 $2,127 $6,869 $1,559 $5,279
1991 $2,258 $6,867 $1,278 $4,527
1990 $2,620 $6,688 $790 $2,990
1989 $2,819 - $771 -
1988 $2,141 - $959 -
1987 $2,006 - - -
1986 $1,854 - - -
1985 $1,556 - - -
1984 $1,420 - - -
1983 $1,461 - - -
1982 $2,138 - - -
1981 $2,080 - - -
1980 $1,959 - - -
1979 $1,870 - - -
1978 $1,733 - - -
1977 $1,562 - - -
1976 $1,390 - - -
1975 $1,201 - - -
1974 $1,045 - - -
1973 $815 - - -
1972 $583 - - -
1971 $500 - - -
1970 $444 - - -
1969 $399 - - -
1968 $374 - - -
1967 $351 - - -
1966 $328 - - -
1965 $268 - - -
1964 $257.3 - - -
1963 $294.2 - - -
1962 $250.2 - - -
1961 $231.6 - - -
1960 $235.3 - - -

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

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

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Lebanon ranks 123rd at $12,575.

Economic indicators

Brazil Lebanon
Gross domestic product
$2.19T
2024
$20.1B
2023
GDP rank
10/197
2024
128/197
2023
GDP growth
3.42%
2023-2024
-0.76%
2022-2023
GDP per capita
$10,311
2024
$3,478
2023
GDP per capita rank
85/197
2024
135/197
2023
GDP per capita, PPP
$22,338
2024
$12,575
2023
GDP per capita PPP rank
88/197
2024
123/197
2023
Government debt
$1.91T
2024
$38.7B
2023
Debt-to-GDP ratio
87.3%
2024
163.8%
2024
Government debt per person
$8,999
2024
$6,704
2023
Government debt per person rank
60/185
2024
70/185
2023
Average annual personal income after taxes
$6,263
2026
$3,560
2026
Market capitalization of domestic companies
$659B
2024
$10.6B
2021
Number of millionaires
433,000
2025
n/a
Number of billionaires
56
2025
6
2025
Income share by richest 10%
40.8%
2023
25.1%
2022
Income share by poorest 10%
1.3%
2023
2.8%
2022
Government expenditure, % of GDP
45.7%
2024
16.5%
2024
Consumer prices inflation
4.4%
2023-2024
45.2%
2023-2024
Central bank interest rate
15%
2025
20%
2023
Unemployment rate
6.8%
2024
11.3%
2019
Population
213824938
5906622

Spending and national debt comparison by year

Brazil
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Brazil Lebanon
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 16.5% 163.8%
2023 45.3% 84% 14.9% 192.8%
2022 43.4% 83.9% 13.4% 244.6%
2021 40.4% 88.9% 10.9% 358%
2020 46.2% 96% 23.2% 148.7%
2019 43% 87.1% 31.3% 172.1%
2018 44.2% 84.8% 32.3% 155.1%
2017 44.3% 82.7% 30.6% 150%
2016 45.5% 77.4% 28.3% 146.4%
2015 46.2% 71.7% 26.7% 140.8%
2014 41.4% 61.6% 28.8% 138.4%
2013 39.8% 59.6% 28.9% 135.4%
2012 39.3% 61.6% 30.2% 131.1%
2011 39.4% 60.6% 28.8% 134.4%
2010 39.5% 62.4% 29.2% 136.8%
2009 40.5% 64.7% 32.1% 144.5%
2008 39.9% 61.4% 34.3% 161.5%
2007 40.4% 63% 35.2% 169.3%
2006 42.6% 64.6% 36.1% 183.3%
2005 41.9% 67% 31.4% 178.9%
2004 39.7% 68% 33.3% 169.5%
2003 41.3% 71.5% 36.4% 171.3%
2002 44.5% 76.1% 36.8% 163.1%
2001 39.8% 67.3% 38.9% 163.1%
2000 34.5% 62.2% 42.8% 148.1%
1999 39.6% 44.5% 35.6% 130.2%
1998 40.9% 38.9% 34.7% 108.2%
1997 38.6% 31.8% 40.5% 100.2%
1996 38.2% 30.7% 43.6% 101.2%
1995 - 28% 31.1% 79.6%
1994 - 30% 47.3% 71.5%
1993 - 32.6% 23% 50.5%
1992 - 37.1% 36.1% 51.7%
1991 - 38.1% 35.6% 67.1%
1990 - 40.6% 40% 99.7%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

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

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 163.8% in Lebanon, ranking 38/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Lebanon
1x
Year Deficit/surplus, % of GDP
Brazil Lebanon
2024 -6.19% -0.19%
2023 -7.71% -1.7%
2022 -3.96% -7.77%
2021 -2.63% -2.67%
2020 -11.6% -7.37%
2019 -4.86% -10.5%
2018 -6.99% -11.3%
2017 -7.97% -8.65%
2016 -7.99% -8.88%
2015 -9.28% -7.48%
2014 -6.27% -6.22%
2013 -3.42% -8.82%
2012 -2.35% -8.43%
2011 -2.74% -5.94%
2010 -3.55% -7.47%
2009 -4.23% -8.1%
2008 -2.39% -9.86%
2007 -2.66% -10.9%
2006 -4.87% -10.6%
2005 -3.36% -8.57%
2004 -2.95% -9.83%
2003 -5.4% -14%
2002 -4.15% -16.2%
2001 -3.47% -21%
2000 -3.32% -23.9%
1999 -5.17% -16.7%
1998 -7.22% -17.3%
1997 -5.6% -24.5%
1996 -5.35% -25.7%
1995 - -13.6%
1994 - -29.1%
1993 - -7.19%
1992 - -24%
1991 - -19.5%
1990 - -30.2%
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 (1990–2024, retrieved 2026-02-20).

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

In 2023, Brazil's government deficit, the difference between spending and revenue, was $169B, equivalent to 7.71% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 34 years, Brazil recorded a fiscal deficit in 28 of those years, while Lebanon ran a deficit in 34 years. On average, Brazil posted an annual deficit equal to 5.05% of GDP, compared to deficit of 13.1% of GDP for Lebanon.

Inflation comparison by year

Inflation
Brazil

Lebanon
1x
Year Consumer prices inflation
Brazil Lebanon
2024 4.4% 45.2%
2023 4.6% 221.3%
2022 9.3% 171.2%
2021 8.3% 154.8%
2020 3.2% 84.9%
2019 3.7% 2.9%
2018 3.7% 6.1%
2017 3.4% 4.5%
2016 8.7% -0.8%
2015 9% -3.8%
2014 6.3% 1.1%
2013 6.2% 5.6%
2012 5.4% 6.6%
2011 6.6% 5%
2010 5% 4%
2009 4.9% 1.2%
2008 5.7% 10.7%
2007 3.6% 4.1%
2006 4.2% 4.1%
2005 6.9% -1.4%
2004 6.6% 1.7%
2003 14.7% 1.3%
2002 8.4% 1.8%
2001 6.8% -0.4%
2000 7% -0.4%
1999 4.9% 0.2%
1998 3.2% 4.5%
1997 6.9% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 26.6% in Lebanon. In 2024, inflation was 4.4% in Brazil and 45.2% in Lebanon.

Top exports between countries

Brazil
Export category Export value
Animal & marine products $182M
Processed food, beverages & tobacco $128M
Raw agricultural goods $110M
Wood & paper products $9.66M
Machinery & equipment $5.48M
Textiles & consumer goods $3.19M
Raw materials & minerals $2.8M
Chemicals & pharma $2.35M
Weapons & explosives $666K
Precious metals & jewellery $112K
Lebanon
Export category Export value
Raw materials & minerals $10.5M
Processed food, beverages & tobacco $1.44M
Textiles & consumer goods $629K
Animal & marine products $268K
Raw agricultural goods $238K
Metals $233K
Weapons & explosives $207K
Chemicals & pharma $189K
Machinery & equipment $71K
Precious metals & jewellery $70K

Balance of trade

Brazil Lebanon
Current account balance
-$66.2B
2024
-$5.64B
2023
Current account balance ranking
188/190
2024
168/190
2023
Current account balance, % of GDP
-3.03%
2024
-28.1%
2023
Goods imports
$274B
2024
$16.7B
2023
Goods exports
$340B
2024
$3.85B
2023
Service imports
$103B
2024
$6.63B
2023
Service exports
$48.1B
2024
$7.92B
2023
Imports of goods and services, % of GDP
17.6%
2024
73.7%
2023
Exports of goods and services, % of GDP
17.9%
2024
30.6%
2023

Economic freedom indices

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

Brazil Lebanon
Economic freedom 52.4 43.1
Economic freedom ranking 148/197 183/197
Property rights 49.2 21.8
Government integrity 37.2 23.4
Judicial effectiveness 55.6 23.8
Tax burden 70.6 90.3
Government spending 39.8 93.3
Fiscal health 28 63.4
Business freedom 65.7 47.6
Labor freedom 57 48.4
Monetary freedom 76 0
Trade freedom 69 65.6
Investment freedom 40 20
Financial freedom 40 20

Economic freedom comparison by year

Brazil
Lebanon
1x
Year Economic freedom index
Brazil Lebanon
2026 52.4 43.1
2025 55.1 44.1
2024 53.2 48.3
2023 53.5 45.6
2022 53.3 47.3
2021 53.4 51.4
2020 53.7 51.7
2019 51.9 51.1
2018 51.4 53.2
2017 52.9 53.3
2016 56.5 59.5
2015 56.6 59.3
2014 56.9 59.4
2013 57.7 59.5
2012 57.9 60.1
2011 56.3 60.1
2010 55.6 59.5
2009 56.7 58.1
2008 56.2 60
2007 56.2 60.4
2006 60.9 57.5
2005 61.7 57.2
2004 62 56.9
2003 63.4 56.7
2002 61.5 57.1
2001 61.9 61
2000 61.1 56.1
1999 61.3 59.1
1998 52.3 59
1997 52.6 63.9
1996 48.1 63.2
1995 51.4 -

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

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

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 43.1 for Lebanon, ranking 183/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Lebanon
Services, % of GDP
59.2%
2024
42.4%
2023
Industry, % of GDP
20.9%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
0.97%
2023
GNI, Atlas method
$2.11T
2024
$21.4B
2023
GNI per capita, PPP
$21,590
2024
$12,420
2023
Total reserves including gold
$330B
2024
$33.3B
2024
Total reserves ranking
11/177
2024
54/177
2024
Net foreign direct investment
-$47.8B
2024
-$583M
2023
Net inflows of foreign direct investment
$74.1B
2024
$1.84B
2024
Net outflows of foreign direct investment
$26.3B
2024
$391M
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
22%
2023
Poverty at national poverty lines
4.2%
2020
27.4%
2012
Gross capital formation, % of GDP
17%
2024
1.9%
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/lebanon | 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 (1990–2024, 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)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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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.