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Economy of Brazil vs Slovenia compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $73B for Slovenia, ranking 10/197 and 86/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Brazil vs Slovenia GDP by year

Brazil
Slovenia
1x
Year GDP, current $
Brazil Slovenia
2024 $2,185,821,648,944 $72,972,015,197
2023 $2,191,131,869,706 $69,255,264,238
2022 $1,951,923,832,084 $59,899,117,741
2021 $1,670,647,464,063 $61,540,813,362
2020 $1,476,107,292,152 $53,384,760,135
2019 $1,873,288,158,839 $53,909,922,736
2018 $1,916,933,708,353 $53,689,067,640
2017 $2,063,514,688,806 $48,153,200,135
2016 $1,795,693,265,999 $44,290,685,824
2015 $1,802,211,999,456 $42,709,468,275
2014 $2,456,043,766,032 $49,514,466,380
2013 $2,472,819,362,044 $47,867,056,859
2012 $2,465,228,293,707 $46,167,053,954
2011 $2,616,156,606,579 $51,199,194,599
2010 $2,208,838,108,484 $47,793,117,241
2009 $1,666,996,294,252 $49,975,540,955
2008 $1,695,855,391,758 $55,509,332,322
2007 $1,397,114,247,189 $47,880,266,543
2006 $1,107,626,711,163 $39,260,368,837
2005 $891,633,826,625 $35,947,936,824
2004 $669,289,321,945 $34,156,553,313
2003 $558,233,724,165 $29,360,575,032
2002 $509,795,270,685 $23,214,593,516
2001 $559,983,704,094 $20,668,868,707
2000 $655,448,188,259 $20,159,190,702
1999 $599,642,075,004 $22,609,669,084
1998 $863,711,007,325 $22,058,635,314
1997 $883,206,452,795 $20,726,878,752
1996 $850,426,433,004 $21,470,699,363
1995 $769,333,330,412 $21,367,422,159
1994 $525,369,851,354 $16,400,767,070
1993 $368,295,778,245 $14,449,298,372
1992 $328,187,960,872 $14,277,261,541
1991 $342,609,231,343 $14,454,495,059
1990 $390,725,626,003 $19,832,029,087
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Brazil vs Slovenia by year

Brazil
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $34,301 $57,186
2023 $10,378 $21,176 $32,660 $56,064
2022 $9,281 $19,877 $28,360 $52,347
2021 $7,973 $18,076 $29,193 $45,914
2020 $7,074 $16,102 $25,392 $41,767
2019 $9,030 $16,070 $25,814 $42,373
2018 $9,301 $15,464 $25,888 $38,620
2017 $10,081 $14,559 $23,303 $36,180
2016 $8,836 $14,309 $21,448 $33,575
2015 $8,936 $14,821 $20,697 $31,336
2014 $12,275 $15,827 $24,013 $30,572
2013 $12,459 $15,722 $23,237 $29,634
2012 $12,522 $15,198 $22,442 $28,787
2011 $13,397 $15,212 $24,941 $28,716
2010 $11,403 $14,452 $23,330 $27,579
2009 $8,679 $13,391 $24,502 $27,229
2008 $8,908 $13,445 $27,462 $29,461
2007 $7,410 $12,673 $23,725 $27,468
2006 $5,934 $11,751 $19,563 $25,571
2005 $4,828 $11,081 $17,970 $23,682
2004 $3,664 $10,526 $17,104 $22,588
2003 $3,091 $9,802 $14,712 $20,916
2002 $2,856 $9,617 $11,639 $20,004
2001 $3,176 $9,304 $10,376 $18,763
2000 $3,767 $9,092 $10,136 $17,892
1999 $3,494 $8,635 $11,401 $17,007
1998 $5,106 $8,599 $11,132 $15,994
1997 $5,299 $8,602 $10,437 $15,257
1996 $5,179 $8,301 $10,797 $14,284
1995 $4,757 $8,097 $10,738 $13,637
1994 $3,299 $7,727 $8,244 $13,975
1993 $2,349 $7,260 $7,255 $12,976
1992 $2,127 $6,869 $7,151 $12,296
1991 $2,258 $6,867 $7,229 $12,698
1990 $2,620 $6,688 $9,925 $13,491
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 (1960–2024, retrieved 2026-04-06).

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

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Slovenia ranks 37th at $57,186.

Economic indicators

Brazil Slovenia
Gross domestic product
$2.19T
2024
$73B
2024
GDP rank
10/197
2024
86/197
2024
GDP growth
3.42%
2023-2024
1.73%
2023-2024
GDP per capita
$10,311
2024
$34,301
2024
GDP per capita rank
85/197
2024
34/197
2024
GDP per capita, PPP
$22,338
2024
$57,186
2024
GDP per capita PPP rank
88/197
2024
37/197
2024
Government debt
$1.91T
2024
$48.6B
2024
Debt-to-GDP ratio
87.3%
2024
66.6%
2024
Government debt per person
$8,999
2024
$22,842
2024
Government debt per person rank
60/185
2024
29/185
2024
Average annual personal income after taxes
$6,263
2026
$22,215
2026
Market capitalization of domestic companies
$659B
2024
$11.4B
2024
Number of millionaires
433,000
2025
n/a
Number of billionaires
56
2025
n/a
Income share by richest 10%
40.8%
2023
20.6%
2023
Income share by poorest 10%
1.3%
2023
4.1%
2023
Government expenditure, % of GDP
45.7%
2024
46.5%
2024
Consumer prices inflation
4.4%
2023-2024
1.97%
2023-2024
Central bank interest rate
15%
2025
n/a
Unemployment rate
6.8%
2024
3.7%
2024
Population
213824938
2124138

Spending and national debt comparison by year

Brazil
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Brazil Slovenia
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 46.5% 66.6%
2023 45.3% 84% 46.4% 68.3%
2022 43.4% 83.9% 47.7% 72.8%
2021 40.4% 88.9% 49.9% 74.8%
2020 46.2% 96% 51.8% 80.2%
2019 43% 87.1% 43.8% 66%
2018 44.2% 84.8% 44.1% 71%
2017 44.3% 82.7% 44.6% 74.9%
2016 45.5% 77.4% 46.9% 79.4%
2015 46.2% 71.7% 49.5% 83.4%
2014 41.4% 61.6% 50.6% 81.1%
2013 39.8% 59.6% 57.7% 70.8%
2012 39.3% 61.6% 50% 54.1%
2011 39.4% 60.6% 51.4% 46.8%
2010 39.5% 62.4% 50.7% 38.6%
2009 40.5% 64.7% 50% 34.9%
2008 39.9% 61.4% 45.2% 21.9%
2007 40.4% 63% 43.5% 22.9%
2006 42.6% 64.6% 45.7% 26.2%
2005 41.9% 67% 46.7% 26.6%
2004 39.7% 68% 46.9% 27.1%
2003 41.3% 71.5% 47.6% 27%
2002 44.5% 76.1% 47.8% 27.7%
2001 39.8% 67.3% 49.2% 26.3%
2000 34.5% 62.2% 47.8% 26.1%
1999 39.6% 44.5% 47.2% 23.8%
1998 40.9% 38.9% 46.4% 22.8%
1997 38.6% 31.8% 45.4% 22.1%
1996 38.2% 30.7% 45.2% 21.6%
1995 - 28% 53% 18.2%
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 (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

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

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 66.6% in Slovenia, ranking 38/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Slovenia
1x
Year Deficit/surplus, % of GDP
Brazil Slovenia
2024 -6.19% -0.93%
2023 -7.71% -2.59%
2022 -3.96% -3.02%
2021 -2.63% -4.61%
2020 -11.6% -7.68%
2019 -4.86% 0.68%
2018 -6.99% 0.9%
2017 -7.97% 0.05%
2016 -7.99% -2%
2015 -9.28% -2.84%
2014 -6.27% -4.53%
2013 -3.42% -11.2%
2012 -2.35% -4.2%
2011 -2.74% -6.69%
2010 -3.55% -5.56%
2009 -4.23% -5.87%
2008 -2.39% -1.44%
2007 -2.66% -0.08%
2006 -4.87% -1.26%
2005 -3.36% -1.38%
2004 -2.95% -1.98%
2003 -5.4% -2.66%
2002 -4.15% -2.47%
2001 -3.47% -4.58%
2000 -3.32% -3.77%
1999 -5.17% -3.04%
1998 -7.22% -2.39%
1997 -5.6% -2.37%
1996 -5.35% -1.16%
1995 - -8.19%
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 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/slovenia | 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 Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, Brazil recorded a fiscal deficit in 29 of those years, while Slovenia ran a deficit in 27 years. On average, Brazil posted an annual deficit equal to 5.09% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Brazil

Slovenia
1x
Year Consumer prices inflation
Brazil Slovenia
2024 4.4% 1.97%
2023 4.6% 7.45%
2022 9.3% 8.83%
2021 8.3% 1.92%
2020 3.2% -0.05%
2019 3.7% 1.63%
2018 3.7% 1.74%
2017 3.4% 1.43%
2016 8.7% -0.05%
2015 9% -0.53%
2014 6.3% 0.2%
2013 6.2% 1.77%
2012 5.4% 2.6%
2011 6.6% 1.8%
2010 5% 1.8%
2009 4.9% 0.84%
2008 5.7% 5.65%
2007 3.6% 3.66%
2006 4.2% 2.46%
2005 6.9% 2.45%
2004 6.6% 3.59%
2003 14.7% 5.54%
2002 8.4% 7.48%
2001 6.8% 8.38%
2000 7% 8.91%
1999 4.9% 6.16%
1998 3.2% 7.89%
1997 6.9% 8.36%

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/slovenia | CC BY

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 3.71% in Slovenia. In 2024, inflation was 4.4% in Brazil and 1.97% in Slovenia.

Top exports between countries

Brazil
Export category Export value
Processed food, beverages & tobacco $360M
Raw agricultural goods $121M
Metals $9.54M
Machinery & equipment $6.8M
Raw materials & minerals $4.08M
Chemicals & pharma $3.6M
Wood & paper products $2.58M
Textiles & consumer goods $1M
Animal & marine products $842K
Precious metals & jewellery $23K
Slovenia
Export category Export value
Machinery & equipment $45.6M
Chemicals & pharma $15M
Metals $14.3M
Wood & paper products $3.28M
Raw materials & minerals $2.19M
Textiles & consumer goods $2.08M
Transport & tourism services $1.73M
Business & finance services $1.37M
IT & IP services $947K
Processed food, beverages & tobacco $451K

Balance of trade

Brazil Slovenia
Current account balance
-$66.2B
2024
$3.32B
2024
Current account balance ranking
188/190
2024
37/190
2024
Current account balance, % of GDP
-3.03%
2024
+4.55%
2024
Goods imports
$274B
2024
$45.2B
2024
Goods exports
$340B
2024
$45.6B
2024
Service imports
$103B
2024
$9.52B
2024
Service exports
$48.1B
2024
$13.6B
2024
Imports of goods and services, % of GDP
17.6%
2024
74.7%
2024
Exports of goods and services, % of GDP
17.9%
2024
80.9%
2024

Economic freedom indices

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

Brazil Slovenia
Economic freedom 52.4 69.7
Economic freedom ranking 148/197 40/197
Property rights 49.2 87.6
Government integrity 37.2 66.1
Judicial effectiveness 55.6 91.6
Tax burden 70.6 55.5
Government spending 39.8 34.1
Fiscal health 28 83.5
Business freedom 65.7 78.7
Labor freedom 57 62.7
Monetary freedom 76 77.5
Trade freedom 69 79.4
Investment freedom 40 70
Financial freedom 40 50

Economic freedom comparison by year

Brazil
Slovenia
1x
Year Economic freedom index
Brazil Slovenia
2026 52.4 69.7
2025 55.1 68.3
2024 53.2 65.9
2023 53.5 68.5
2022 53.3 70.5
2021 53.4 68.3
2020 53.7 67.8
2019 51.9 65.5
2018 51.4 64.8
2017 52.9 59.2
2016 56.5 60.6
2015 56.6 60.3
2014 56.9 62.7
2013 57.7 61.7
2012 57.9 62.9
2011 56.3 64.6
2010 55.6 64.7
2009 56.7 62.9
2008 56.2 60.2
2007 56.2 59.6
2006 60.9 61.9
2005 61.7 59.6
2004 62 59.2
2003 63.4 57.7
2002 61.5 57.8
2001 61.9 61.8
2000 61.1 58.3
1999 61.3 61.3
1998 52.3 60.7
1997 52.6 55.6
1996 48.1 50.4
1995 51.4 -

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

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

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Slovenia
Services, % of GDP
59.2%
2024
57.9%
2024
Industry, % of GDP
20.9%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
1.54%
2024
GNI, Atlas method
$2.11T
2024
$67.6B
2024
GNI per capita, PPP
$21,590
2024
$56,520
2024
Total reserves including gold
$330B
2024
$2.83B
2024
Total reserves ranking
11/177
2024
118/177
2024
Net foreign direct investment
-$47.8B
2024
-$405M
2024
Net inflows of foreign direct investment
$74.1B
2024
$1.87B
2024
Net outflows of foreign direct investment
$26.3B
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
n/a
Poverty at national poverty lines
4.2%
2020
12.7%
2022
Gross capital formation, % of GDP
17%
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/brazil/slovenia | 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 (1995–2024, 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.