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Economy of Brazil vs Slovakia compared: GDP & Debt

Updated on by Georank

Brazil has a GDP of $2.28T compared to $155B for Slovakia, ranking 11/197 and 60/197 by economy size, respectively.

Brazil has $2.13T in government debt (93.3% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Brazil vs Slovakia GDP by year

Brazil
Slovakia
1x
Year GDP, current $
Brazil Slovakia
2025 $2,279,920,092,492 $154,530,066,507
2024 $2,185,821,610,689 $140,934,076,532
2023 $2,191,131,765,685 $133,578,518,424
2022 $1,951,923,942,083 $115,792,972,358
2021 $1,670,647,398,905 $120,511,265,913
2020 $1,476,107,231,310 $107,732,602,896
2019 $1,873,288,205,060 $105,843,498,304
2018 $1,916,933,898,011 $106,611,673,365
2017 $2,063,514,977,366 $95,978,130,735
2016 $1,795,693,482,853 $90,347,173,229
2015 $1,802,212,206,815 $89,178,548,717
2014 $2,456,043,727,199 $101,713,075,599
2013 $2,472,819,535,557 $99,134,277,850
2012 $2,465,227,802,807 $94,724,394,278
2011 $2,616,156,223,918 $99,705,104,723
2010 $2,208,837,745,101 $91,112,160,801
2009 $1,666,996,438,581 $89,342,984,698
2008 $1,695,855,083,498 $96,685,492,864
2007 $1,397,114,486,369 $77,019,443,089
2006 $1,107,626,541,435 $57,111,148,619
2005 $891,633,839,894 $48,823,790,951
2004 $669,289,424,806 $42,960,730,480
2003 $558,233,745,652 $33,761,723,946
2002 $509,795,273,807 $24,768,142,566
2001 $559,983,634,799 $21,377,597,035
2000 $655,448,231,984 $20,626,538,612
1999 $599,642,024,320 $20,813,421,086
1998 $863,710,759,256 $22,911,708,405
1997 $883,206,179,730 $22,026,728,498
1996 $850,426,432,992 $21,864,845,214
1995 $769,333,050,987 $20,306,095,054
1994 $525,369,467,296 $16,187,735,322
1993 $368,292,034,381 $13,991,963,247
1992 $328,191,909,882 $12,932,972,789
1991 $342,534,090,909 $11,952,983,608
1990 $384,959,818,182 $17,068,924,602
1989 $412,990,820,287 -
1988 $307,881,930,752 -
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Brazil vs Slovakia by year

Brazil
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,713 - $28,544 -
2024 $10,311 $22,338 $25,993 $48,132
2023 $10,378 $21,176 $24,615 $45,974
2022 $9,281 $19,877 $21,318 $41,562
2021 $7,973 $18,076 $22,123 $38,346
2020 $7,074 $16,102 $19,735 $35,328
2019 $9,030 $16,070 $19,406 $33,986
2018 $9,301 $15,464 $19,573 $31,510
2017 $10,081 $14,559 $17,646 $30,246
2016 $8,836 $14,309 $16,636 $29,868
2015 $8,936 $14,821 $16,442 $30,148
2014 $12,275 $15,827 $18,771 $29,108
2013 $12,459 $15,722 $18,313 $28,075
2012 $12,522 $15,198 $17,517 $27,023
2011 $13,397 $15,212 $18,469 $26,202
2010 $11,403 $14,452 $16,899 $25,382
2009 $8,679 $13,391 $16,587 $23,077
2008 $8,908 $13,445 $17,974 $23,714
2007 $7,410 $12,673 $14,330 $21,232
2006 $5,934 $11,751 $10,629 $18,906
2005 $4,828 $11,081 $9,087 $16,570
2004 $3,664 $10,526 $7,997 $15,166
2003 $3,091 $9,802 $6,283 $14,088
2002 $2,856 $9,617 $4,606 $13,292
2001 $3,176 $9,304 $3,974 $12,367
2000 $3,767 $9,092 $3,828 $11,370
1999 $3,494 $8,635 $3,857 $10,726
1998 $5,106 $8,599 $4,250 $10,666
1997 $5,299 $8,602 $4,092 $10,137
1996 $5,179 $8,301 $4,069 $9,500
1995 $4,757 $8,097 $3,787 $8,812
1994 $3,299 $7,727 $3,028 $8,178
1993 $2,349 $7,260 $2,627 $7,569
1992 $2,127 $6,869 $2,438 $7,270
1991 $2,258 $6,867 $2,254 $7,623
1990 $2,581 $6,688 $3,221 $8,638
1989 $2,819 - - -
1988 $2,141 - - -
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 (1960–2025, retrieved 2026-07-08).

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

Brazil's GDP per capita is $10,713, ranking 85/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Slovakia ranks 49th at $48,132.

Economic indicators

Brazil Slovakia
Gross domestic product
$2.28T
2025
$155B
2025
GDP rank
11/197
2025
60/197
2025
GDP growth
2.29%
2024-2025
0.81%
2024-2025
GDP per capita
$10,713
2025
$28,544
2025
GDP per capita rank
85/197
2025
46/197
2025
GDP per capita, PPP
$22,338
2024
$48,132
2024
GDP per capita PPP rank
88/197
2024
49/197
2024
Government debt
$2.13T
2025
$95.3B
2025
Debt-to-GDP ratio
93.3%
2025
61.6%
2025
Government debt per person
$9,999
2025
$17,597
2025
Government debt per person rank
60/185
2025
36/185
2025
Average annual personal income after taxes
$6,555
2026
$17,518
2026
Market capitalization of domestic companies
$871B
2025
$5.38B
2014
Number of millionaires
386,000
2026
n/a
Number of billionaires
70
2026
2
2026
Income share by richest 10%
39.3%
2024
18.8%
2023
Income share by poorest 10%
1.3%
2024
3.3%
2023
Government expenditure, % of GDP
47.4%
2025
48.7%
2025
Consumer prices inflation
5%
2024-2025
4%
2024-2025
Central bank interest rate
14.5%
2026
n/a
Unemployment rate
5.83%
2025
5.4%
2025
Population
213964342
5376239

Spending and national debt comparison by year

Brazil
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Brazil Slovakia
Government spending Government debt Government spending Government debt
2025 47.4% 93.3% 48.7% 61.6%
2024 45.5% 87% 47.5% 59.7%
2023 45.3% 84% 48.2% 55.8%
2022 43.4% 83.9% 43.1% 57.8%
2021 40.4% 88.9% 44.8% 60.2%
2020 46.2% 96% 44.5% 58.4%
2019 43% 87.1% 40.6% 48%
2018 44.2% 84.8% 39.7% 49.3%
2017 44.3% 82.7% 39.8% 51.4%
2016 45.5% 77.4% 40.9% 52.1%
2015 46.2% 71.7% 44.1% 51.6%
2014 41.4% 61.6% 42% 53.4%
2013 39.8% 59.6% 41.1% 54.6%
2012 39.3% 61.6% 40% 51.7%
2011 39.4% 60.6% 40.8% 43.3%
2010 39.5% 62.4% 41% 40.7%
2009 40.5% 64.7% 43.2% 36.4%
2008 39.9% 61.4% 36.5% 28.6%
2007 40.4% 63% 35.9% 30.4%
2006 42.6% 64.6% 38.2% 31.5%
2005 41.9% 67% 39.1% 35%
2004 39.7% 68% 38.4% 42%
2003 41.3% 71.5% 40% 43.6%
2002 44.5% 76.1% 46% 45.6%
2001 39.8% 67.3% 46.2% 51.4%
2000 34.5% 62.2% 53.2% 50.6%
1999 39.6% 44.5% 48.4% 47.1%
1998 40.9% 38.9% 46.2% 33.9%
1997 38.6% 31.8% 48.6% 32.8%
1996 38.2% 30.7% 52.8% 30.3%
1995 - 28% 47.8% 21.3%
1994 - 30% - -
1993 - 32.6% - -
1992 - 37.1% - -
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 (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

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

In 2025, Brazil's government spending was $1.08T, accounting for 47.4% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 93.3% in Brazil and 61.6% in Slovakia, ranking 29/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Slovakia
1x
Year Deficit/surplus, % of GDP
Brazil Slovakia
2025 -8.07% -5.02%
2024 -6.17% -5.5%
2023 -7.71% -5.3%
2022 -3.96% -1.56%
2021 -2.63% -5.09%
2020 -11.6% -5.3%
2019 -4.86% -1.21%
2018 -6.99% -1.01%
2017 -7.97% -0.98%
2016 -7.99% -2.59%
2015 -9.28% -2.78%
2014 -6.27% -3.25%
2013 -3.42% -2.86%
2012 -2.35% -4.37%
2011 -2.74% -4.36%
2010 -3.55% -7.44%
2009 -4.23% -8.18%
2008 -2.39% -2.54%
2007 -2.66% -2.26%
2006 -4.87% -3.57%
2005 -3.36% -2.86%
2004 -2.95% -2.36%
2003 -5.4% -2.28%
2002 -4.15% -8.35%
2001 -3.47% -7.74%
2000 -3.32% -12.7%
1999 -5.17% -7.25%
1998 -7.22% -5.37%
1997 -5.6% -6.24%
1996 -5.35% -9.72%
1995 - -3.43%
1994 - -
1993 - -
1992 - -
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Brazil's government deficit, the difference between spending and revenue, was $184B, equivalent to 8.07% of GDP. This compares to Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 31 years, Brazil recorded a fiscal deficit in 30 of those years, while Slovakia ran a deficit in 31 years. On average, Brazil posted an annual deficit equal to 5.19% of GDP, compared to deficit of 4.63% of GDP for Slovakia.

Inflation comparison by year

Inflation
Brazil

Slovakia
1x
Year Consumer prices inflation
Brazil Slovakia
2025 5% 4%
2024 4.4% 2.76%
2023 4.6% 10.5%
2022 9.3% 12.8%
2021 8.3% 3.15%
2020 3.2% 1.94%
2019 3.7% 2.66%
2018 3.7% 2.51%
2017 3.4% 1.31%
2016 8.7% -0.52%
2015 9% -0.33%
2014 6.3% -0.08%
2013 6.2% 1.4%
2012 5.4% 3.61%
2011 6.6% 3.92%
2010 5% 0.96%
2009 4.9% 1.62%
2008 5.7% 4.6%
2007 3.6% 2.76%
2006 4.2% 4.48%
2005 6.9% 2.71%
2004 6.6% 7.55%
2003 14.7% 8.55%
2002 8.4% 3.13%
2001 6.8% 7.33%
2000 7% 12%
1999 4.9% 10.6%
1998 3.2% 6.67%
1997 6.9% 6.14%

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/brazil/slovakia | CC BY

Over the past 29 years, Brazil has recorded an average annual inflation rate of 6.09%, compared with 4.44% in Slovakia. In 2025, inflation was 5% in Brazil and 4% in Slovakia.

Top exports between countries

Brazil
Export category Export value
Animal & marine products $13M
Machinery & equipment $5.3M
Raw agricultural goods $3.31M
Metals $2.94M
Raw materials & minerals $845K
Processed food, beverages & tobacco $732K
Textiles & consumer goods $553K
Wood & paper products $337K
Chemicals & pharma $91K
Precious metals & jewellery $28K
Slovakia
Export category Export value
Machinery & equipment $215M
Weapons & explosives $17.6M
Raw materials & minerals $10.8M
Textiles & consumer goods $9.75M
IT & IP services $8.01M
Metals $6.28M
Chemicals & pharma $5.31M
Transport & tourism services $2.27M
Miscellaneous $781K
Wood & paper products $341K

Balance of trade

Brazil Slovakia
Current account balance
-$66.7B
2025
-$5.6B
2025
Current account balance ranking
188/190
2025
165/190
2025
Current account balance, % of GDP
-2.93%
2025
-3.63%
2025
Goods imports
$291B
2025
$117B
2025
Goods exports
$351B
2025
$117B
2025
Service imports
$105B
2025
$14.3B
2025
Service exports
$54.4B
2025
$14.7B
2025
Imports of goods and services, % of GDP
17.5%
2025
85.2%
2025
Exports of goods and services, % of GDP
17.8%
2025
85.1%
2025

Economic freedom indices

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

Brazil Slovakia
Economic freedom 52.4 67.7
Economic freedom ranking 148/197 54/197
Property rights 49.2 82.6
Government integrity 37.2 57.2
Judicial effectiveness 55.6 70.5
Tax burden 70.6 75.4
Government spending 39.8 36.4
Fiscal health 28 69.6
Business freedom 65.7 71.1
Labor freedom 57 55.1
Monetary freedom 76 69.7
Trade freedom 69 79.4
Investment freedom 40 75
Financial freedom 40 70

Economic freedom comparison by year

Brazil
Slovakia
1x
Year Economic freedom index
Brazil Slovakia
2026 52.4 67.7
2025 55.1 68.4
2024 53.2 68.1
2023 53.5 69
2022 53.3 69.7
2021 53.4 66.3
2020 53.7 66.8
2019 51.9 65
2018 51.4 65.3
2017 52.9 65.7
2016 56.5 66.6
2015 56.6 67.2
2014 56.9 66.4
2013 57.7 68.7
2012 57.9 67
2011 56.3 69.5
2010 55.6 69.7
2009 56.7 69.4
2008 56.2 70
2007 56.2 69.6
2006 60.9 69.8
2005 61.7 66.8
2004 62 64.6
2003 63.4 59
2002 61.5 59.8
2001 61.9 58.5
2000 61.1 53.8
1999 61.3 54.2
1998 52.3 57.5
1997 52.6 55.5
1996 48.1 57.6
1995 51.4 60.4

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

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

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Slovakia
Services, % of GDP
59.7%
2025
59.8%
2025
Industry, % of GDP
20.1%
2025
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
6.09%
2025
1.59%
2025
GNI, Atlas method
$2.25T
2025
$143B
2025
GNI per capita, PPP
$22,670
2025
$47,920
2025
Total reserves including gold
$359B
2025
$18.2B
2025
Total reserves ranking
13/177
2025
69/177
2025
Net foreign direct investment
-$47.5B
2025
-$198M
2025
Net inflows of foreign direct investment
$74.1B
2024
$5.01B
2024
Net outflows of foreign direct investment
$26.3B
2024
$2.24B
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
n/a
Poverty at national poverty lines
4.2%
2020
13.7%
2021
Gross capital formation, % of GDP
17.1%
2025
20.1%
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/brazil/slovakia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, 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 (2024–2025, 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.