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Economy of Brazil vs Togo compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $10.7B for Togo, ranking 10/197 and 154/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $7.68B (72.1% of GDP) in Togo.

Brazil vs Togo GDP by year

Brazil
Togo
1x
Year GDP, current $
Brazil Togo
2024 $2,185,821,648,944 $10,651,180,147
2023 $2,191,131,869,706 $9,816,236,303
2022 $1,951,923,832,084 $8,646,453,099
2021 $1,670,647,464,063 $8,541,668,141
2020 $1,476,107,292,152 $7,486,031,562
2019 $1,873,288,158,839 $6,992,654,019
2018 $1,916,933,708,353 $7,029,215,766
2017 $2,063,514,688,806 $6,387,424,240
2016 $1,795,693,265,999 $6,071,167,584
2015 $1,802,211,999,456 $5,755,457,836
2014 $2,456,043,766,032 $6,393,314,708
2013 $2,472,819,362,044 $6,021,729,630
2012 $2,465,228,293,707 $5,413,541,649
2011 $2,616,156,606,579 $5,422,439,152
2010 $2,208,838,108,484 $4,746,386,893
2009 $1,666,996,294,252 $4,721,888,275
2008 $1,695,855,391,758 $4,578,847,113
2007 $1,397,114,247,189 $3,759,962,853
2006 $1,107,626,711,163 $3,320,907,722
2005 $891,633,826,625 $3,221,910,408
2004 $669,289,321,945 $3,191,561,509
2003 $558,233,724,165 $2,987,984,051
2002 $509,795,270,685 $2,410,199,032
2001 $559,983,704,094 $2,093,498,674
2000 $655,448,188,259 $2,106,848,752
1999 $599,642,075,004 $2,226,577,204
1998 $863,711,007,325 $2,241,650,112
1997 $883,206,452,795 $2,116,818,623
1996 $850,426,433,004 $2,069,506,014
1995 $769,333,330,412 $1,849,110,468
1994 $525,369,851,354 $1,387,662,121
1993 $368,295,778,245 $1,741,944,426
1992 $328,187,960,872 $2,390,796,916
1991 $342,609,231,343 $2,262,767,860
1990 $390,725,626,003 $2,299,665,506
1989 $412,990,820,287 $1,910,635,575
1988 $307,881,930,752 $1,947,208,354
1987 $283,056,836,894 $1,763,978,066
1986 $256,480,852,471 $1,498,219,579
1985 $210,879,844,639 $1,076,604,520
1984 $188,339,974,087 $1,014,170,069
1983 $189,656,506,321 $1,081,387,265
1982 $271,314,113,768 $1,160,337,039
1981 $258,015,174,749 $1,359,026,709
1980 $237,393,489,893 $1,604,836,916
1979 $221,338,204,480 $1,259,365,712
1978 $200,278,646,124 $1,164,025,637
1977 $176,344,101,402 $1,097,893,826
1976 $153,168,949,208 $874,681,612
1975 $129,203,555,239 $871,781,687
1974 $109,794,519,728 $791,450,308
1973 $83,592,275,863 $574,030,984
1972 $58,434,858,375 $474,043,922
1971 $48,869,830,902 $404,648,368
1970 $42,327,664,794 $358,665,754
1969 $37,171,640,819 $378,091,810
1968 $33,930,457,425 $341,691,567
1967 $31,086,389,195 $327,215,844
1966 $28,283,323,733 $305,227,595
1965 $22,465,522,884 $264,505,506
1964 $20,963,733,695 $234,572,186
1963 $23,287,712,878 $202,305,865
1962 $19,231,747,852 $186,745,758
1961 $17,275,940,449 $178,497,098
1960 $17,030,465,539 $171,057,069

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

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

GDP per capita in Brazil vs Togo by year

Brazil
GDP per capita

GDP per capita, PPP
Togo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Togo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $1,119 $3,365
2023 $10,378 $21,176 $1,055 $3,154
2022 $9,281 $19,877 $951 $2,935
2021 $7,973 $18,076 $962 $2,639
2020 $7,074 $16,102 $863 $2,384
2019 $9,030 $16,070 $826 $2,215
2018 $9,301 $15,464 $851 $2,067
2017 $10,081 $14,559 $793 $1,986
2016 $8,836 $14,309 $773 $1,933
2015 $8,936 $14,821 $751 $1,880
2014 $12,275 $15,827 $856 $1,803
2013 $12,459 $15,722 $827 $1,715
2012 $12,522 $15,198 $762 $1,645
2011 $13,397 $15,212 $784 $1,616
2010 $11,403 $14,452 $705 $1,537
2009 $8,679 $13,391 $721 $1,474
2008 $8,908 $13,445 $719 $1,429
2007 $7,410 $12,673 $608 $1,387
2006 $5,934 $11,751 $553 $1,407
2005 $4,828 $11,081 $551 $1,368
2004 $3,664 $10,526 $560 $1,427
2003 $3,091 $9,802 $538 $1,440
2002 $2,856 $9,617 $445 $1,357
2001 $3,176 $9,304 $397 $1,320
2000 $3,767 $9,092 $410 $1,315
1999 $3,494 $8,635 $445 $1,332
1998 $5,106 $8,599 $461 $1,318
1997 $5,299 $8,602 $448 $1,373
1996 $5,179 $8,301 $452 $1,218
1995 $4,757 $8,097 $419 $1,140
1994 $3,299 $7,727 $329 $1,082
1993 $2,349 $7,260 $414 $925
1992 $2,127 $6,869 $565 $1,057
1991 $2,258 $6,867 $550 $1,107
1990 $2,620 $6,688 $575 $1,110
1989 $2,819 - $492 -
1988 $2,141 - $517 -
1987 $2,006 - $482 -
1986 $1,854 - $422 -
1985 $1,556 - $313 -
1984 $1,420 - $304 -
1983 $1,461 - $336 -
1982 $2,138 - $372 -
1981 $2,080 - $451 -
1980 $1,959 - $549 -
1979 $1,870 - $443 -
1978 $1,733 - $421 -
1977 $1,562 - $406 -
1976 $1,390 - $332 -
1975 $1,201 - $339 -
1974 $1,045 - $315 -
1973 $815 - $234.4 -
1972 $583 - $198.8 -
1971 $500 - $174.6 -
1970 $444 - $159.8 -
1969 $399 - $174.7 -
1968 $374 - $164.3 -
1967 $351 - $163.9 -
1966 $328 - $159.1 -
1965 $268 - $142.7 -
1964 $257.3 - $130.1 -
1963 $294.2 - $114.6 -
1962 $250.2 - $107.8 -
1961 $231.6 - $104.8 -
1960 $235.3 - $102.2 -

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

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

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $1,119 in Togo, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Togo ranks 173rd at $3,365.

Economic indicators

Brazil Togo
Gross domestic product
$2.19T
2024
$10.7B
2024
GDP rank
10/197
2024
154/197
2024
GDP growth
3.42%
2023-2024
6.53%
2023-2024
GDP per capita
$10,311
2024
$1,119
2024
GDP per capita rank
85/197
2024
172/197
2024
GDP per capita, PPP
$22,338
2024
$3,365
2024
GDP per capita PPP rank
88/197
2024
173/197
2024
Government debt
$1.91T
2024
$7.68B
2024
Debt-to-GDP ratio
87.3%
2024
72.1%
2024
Government debt per person
$8,999
2024
$807
2024
Government debt per person rank
60/185
2024
149/185
2024
Average annual personal income after taxes
$6,263
2026
$1,661
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
29.6%
2021
Income share by poorest 10%
1.3%
2023
2.8%
2021
Government expenditure, % of GDP
45.7%
2024
26.4%
2024
Consumer prices inflation
4.4%
2023-2024
2.86%
2023-2024
Central bank interest rate
15%
2025
n/a
Unemployment rate
6.8%
2024
1.97%
2022
Population
213824938
9990340

Spending and national debt comparison by year

Brazil
Spending

Debt
Togo
Spending

Debt
1x
Year % of GDP
Brazil Togo
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 26.4% 72.1%
2023 45.3% 84% 26.6% 68.6%
2022 43.4% 83.9% 26% 67%
2021 40.4% 88.9% 21.8% 64.9%
2020 46.2% 96% 23.7% 62.2%
2019 43% 87.1% 16.6% 54.9%
2018 44.2% 84.8% 18.8% 58%
2017 44.3% 82.7% 16.3% 57.1%
2016 45.5% 77.4% 22.9% 59.9%
2015 46.2% 71.7% 22.9% 52.4%
2014 41.4% 61.6% 21.9% 44.9%
2013 39.8% 59.6% 20.5% 41.1%
2012 39.3% 61.6% 19.1% 34.3%
2011 39.4% 60.6% 18.2% 37%
2010 39.5% 62.4% 15.1% 33.5%
2009 40.5% 64.7% 14.3% 57.6%
2008 39.9% 61.4% 12.4% 67.3%
2007 40.4% 63% 13.7% 70.5%
2006 42.6% 64.6% 14.7% 67.7%
2005 41.9% 67% 13.3% 63.1%
2004 39.7% 68% 10.6% 48.7%
2003 41.3% 71.5% 8.88% 50%
2002 44.5% 76.1% 8.42% 54.8%
2001 39.8% 67.3% 10.9% 68.5%
2000 34.5% 62.2% 11.9% 66.5%
1999 39.6% 44.5% 11.9% 59.9%
1998 40.9% 38.9% 12.8% 62.8%
1997 38.6% 31.8% 10.6% 54.4%
1996 38.2% 30.7% 12.4% 60.4%
1995 - 28% 12.7% 64.8%
1994 - 30% 13.2% 79%
1993 - 32.6% 14.8% 58.3%
1992 - 37.1% 12.6% 45%
1991 - 38.1% 14.6% 46.9%
1990 - 40.6% 16.8% 44.7%
1989 - 40.2% 16.9% 46.3%
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 (1960–2004, retrieved 2026-02-20).

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

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Togo spent $2.81B, or 26.4% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 72.1% in Togo, ranking 38/185 and 54/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Togo
1x
Year Deficit/surplus, % of GDP
Brazil Togo
2024 -6.19% -7.43%
2023 -7.71% -6.73%
2022 -3.96% -8.33%
2021 -2.63% -4.65%
2020 -11.6% -7.05%
2019 -4.86% 1.67%
2018 -6.99% -0.59%
2017 -7.97% -0.21%
2016 -7.99% -7.02%
2015 -9.28% -7.04%
2014 -6.27% -7.11%
2013 -3.42% -5.08%
2012 -2.35% -4.63%
2011 -2.74% -4.48%
2010 -3.55% -1.66%
2009 -4.23% -2.63%
2008 -2.39% -0.59%
2007 -2.66% -1.83%
2006 -4.87% -1.94%
2005 -3.36% -1.67%
2004 -2.95% 0.61%
2003 -5.4% 1.43%
2002 -4.15% -0.28%
2001 -3.47% -0.72%
2000 -3.32% -3.45%
1999 -5.17% -1.76%
1998 -7.22% -3.25%
1997 -5.6% -0.98%
1996 -5.35% -3.26%
1995 - -2.97%
1994 - -5.37%
1993 - -8.46%
1992 - -2.27%
1991 - -3.52%
1990 - -1.65%
1989 - -2.18%
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/togo | 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 Togo's deficit of $791M, or 7.43% of GDP.

Over the past 36 years, Brazil recorded a fiscal deficit in 29 of those years, while Togo ran a deficit in 33 years. On average, Brazil posted an annual deficit equal to 5.09% of GDP, compared to deficit of 3.25% of GDP for Togo.

Inflation comparison by year

Inflation
Brazil

Togo
1x
Year Consumer prices inflation
Brazil Togo
2024 4.4% 2.86%
2023 4.6% 5.49%
2022 9.3% 7.97%
2021 8.3% 4.19%
2020 3.2% 1.7%
2019 3.7% 0.67%
2018 3.7% 0.93%
2017 3.4% -0.98%
2016 8.7% 1.29%
2015 9% 2.59%
2014 6.3% 0.19%
2013 6.2% 1.83%
2012 5.4% 2.58%
2011 6.6% 3.56%
2010 5% 1.45%
2009 4.9% 3.71%
2008 5.7% 8.69%
2007 3.6% 0.95%
2006 4.2% 2.23%
2005 6.9% 6.78%
2004 6.6% 0.39%
2003 14.7% -0.93%
2002 8.4% 3.06%
2001 6.8% 3.92%
2000 7% 1.86%
1999 4.9% -0.05%
1998 3.2% 0.98%
1997 6.9% 8.25%

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/togo | CC BY

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 2.72% in Togo. In 2024, inflation was 4.4% in Brazil and 2.86% in Togo.

Top exports between countries

Brazil
Export category Export value
Raw materials & minerals $272M
Processed food, beverages & tobacco $169M
Animal & marine products $4.32M
Chemicals & pharma $663K
Wood & paper products $473K
Machinery & equipment $432K
Raw agricultural goods $135K
Textiles & consumer goods $88K
Metals $28K
Togo
Export category Export value
Metals $41K
Textiles & consumer goods $16K
Machinery & equipment $5K
Raw materials & minerals $1K

Balance of trade

Brazil Togo
Current account balance
-$66.2B
2024
-$20.7M
2020
Current account balance ranking
188/190
2024
79/190
2020
Current account balance, % of GDP
-3.03%
2024
-0.28%
2020
Goods imports
$274B
2024
$1.95B
2020
Goods exports
$340B
2024
$1.21B
2020
Service imports
$103B
2024
$438M
2020
Service exports
$48.1B
2024
$514M
2020
Imports of goods and services, % of GDP
17.6%
2024
38.1%
2024
Exports of goods and services, % of GDP
17.9%
2024
24.4%
2024

Economic freedom indices

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

Brazil Togo
Economic freedom 52.4 51.6
Economic freedom ranking 148/197 153/197
Property rights 49.2 43.6
Government integrity 37.2 33.3
Judicial effectiveness 55.6 34
Tax burden 70.6 68.9
Government spending 39.8 79.2
Fiscal health 28 9.6
Business freedom 65.7 60.1
Labor freedom 57 51.9
Monetary freedom 76 72.5
Trade freedom 69 65.8
Investment freedom 40 60
Financial freedom 40 40

Economic freedom comparison by year

Brazil
Togo
1x
Year Economic freedom index
Brazil Togo
2026 52.4 51.6
2025 55.1 52.3
2024 53.2 50.9
2023 53.5 55.3
2022 53.3 57.2
2021 53.4 57.5
2020 53.7 54.1
2019 51.9 50.3
2018 51.4 47.8
2017 52.9 53.2
2016 56.5 53.6
2015 56.6 53
2014 56.9 49.9
2013 57.7 48.8
2012 57.9 48.3
2011 56.3 49.1
2010 55.6 47.1
2009 56.7 48.7
2008 56.2 48.9
2007 56.2 49.7
2006 60.9 47.3
2005 61.7 48.2
2004 62 47
2003 63.4 46.8
2002 61.5 45.2
2001 61.9 45.3
2000 61.1 46.4
1999 61.3 48.2
1998 52.3 -
1997 52.6 -
1996 48.1 -
1995 51.4 -

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

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

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 51.6 for Togo, ranking 153/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Togo
Services, % of GDP
59.2%
2024
49.2%
2024
Industry, % of GDP
20.9%
2024
20.4%
2024
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
21.3%
2024
GNI, Atlas method
$2.11T
2024
$10.3B
2024
GNI per capita, PPP
$21,590
2024
$3,380
2024
Total reserves including gold
$330B
2024
n/a
Total reserves ranking
11/177
2024
n/a
Net foreign direct investment
-$47.8B
2024
-$53.1M
2020
Net inflows of foreign direct investment
$74.1B
2024
$83.8M
2024
Net outflows of foreign direct investment
$26.3B
2024
-$73.4M
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
3.21%
2024
Poverty at national poverty lines
4.2%
2020
43.8%
2021
Gross capital formation, % of GDP
17%
2024
20.8%
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/togo | 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 (1880–2004, 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 (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
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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.