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Economy of Brazil vs Vanuatu compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $1.12B for Vanuatu, ranking 10/197 and 188/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $507M (45.3% of GDP) in Vanuatu.

Brazil vs Vanuatu GDP by year

Brazil
Vanuatu
1x
Year GDP, current $
Brazil Vanuatu
2024 $2,185,821,648,944 $1,117,972,034
2023 $2,191,131,869,706 $1,115,861,056
2022 $1,951,923,832,084 $1,055,031,361
2021 $1,670,647,464,063 $950,394,007
2020 $1,476,107,292,152 $909,421,044
2019 $1,873,288,158,839 $936,526,268
2018 $1,916,933,708,353 $914,727,908
2017 $2,063,514,688,806 $880,043,284
2016 $1,795,693,265,999 $804,323,577
2015 $1,802,211,999,456 $759,690,181
2014 $2,456,043,766,032 $773,717,011
2013 $2,472,819,362,044 $758,304,466
2012 $2,465,228,293,707 $747,839,698
2011 $2,616,156,606,579 $770,153,588
2010 $2,208,838,108,484 $670,712,980
2009 $1,666,996,294,252 $592,622,319
2008 $1,695,855,391,758 $590,748,429
2007 $1,397,114,247,189 $516,392,923
2006 $1,107,626,711,163 $439,358,587
2005 $891,633,826,625 $394,962,433
2004 $669,289,321,945 $364,996,869
2003 $558,233,724,165 $314,471,413
2002 $509,795,270,685 $262,596,536
2001 $559,983,704,094 $257,926,882
2000 $655,448,188,259 $272,014,628
1999 $599,642,075,004 $268,006,973
1998 $863,711,007,325 $262,293,411
1997 $883,206,452,795 $272,771,209
1996 $850,426,433,004 $261,370,044
1995 $769,333,330,412 $249,333,250
1994 $525,369,851,354 $233,701,301
1993 $368,295,778,245 $200,491,853
1992 $328,187,960,872 $209,088,825
1991 $342,609,231,343 $201,334,169
1990 $390,725,626,003 $168,879,207
1989 $412,990,820,287 $154,013,202
1988 $307,881,930,752 $158,351,368
1987 $283,056,836,894 $139,464,174
1986 $256,480,852,471 $126,498,935
1985 $210,879,844,639 $131,856,421
1984 $188,339,974,087 $144,482,515
1983 $189,656,506,321 $117,389,554
1982 $271,314,113,768 $114,501,913
1981 $258,015,174,749 $113,781,796
1980 $237,393,489,893 $121,185,498
1979 $221,338,204,480 $119,258,835
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/vanuatu | CC BY

GDP per capita in Brazil vs Vanuatu by year

Brazil
GDP per capita

GDP per capita, PPP
Vanuatu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Vanuatu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $3,411 $3,606
2023 $10,378 $21,176 $3,483 $3,568
2022 $9,281 $19,877 $3,370 $3,453
2021 $7,973 $18,076 $3,107 $3,136
2020 $7,074 $16,102 $3,043 $3,118
2019 $9,030 $16,070 $3,207 $3,315
2018 $9,301 $15,464 $3,207 $3,233
2017 $10,081 $14,559 $3,160 $3,146
2016 $8,836 $14,309 $2,956 $3,030
2015 $8,936 $14,821 $2,855 $2,966
2014 $12,275 $15,827 $2,973 $2,890
2013 $12,459 $15,722 $2,980 $2,832
2012 $12,522 $15,198 $3,005 $2,834
2011 $13,397 $15,212 $3,163 $2,816
2010 $11,403 $14,452 $2,815 $2,733
2009 $8,679 $13,391 $2,546 $2,730
2008 $8,908 $13,445 $2,604 $2,701
2007 $7,410 $12,673 $2,334 $2,573
2006 $5,934 $11,751 $2,035 $2,496
2005 $4,828 $11,081 $1,874 $2,287
2004 $3,664 $10,526 $1,774 $2,157
2003 $3,091 $9,802 $1,567 $2,070
2002 $2,856 $9,617 $1,341 $1,995
2001 $3,176 $9,304 $1,350 $2,125
2000 $3,767 $9,092 $1,460 $2,206
1999 $3,494 $8,635 $1,472 $2,084
1998 $5,106 $8,599 $1,471 $2,091
1997 $5,299 $8,602 $1,562 $2,087
1996 $5,179 $8,301 $1,529 $1,998
1995 $4,757 $8,097 $1,492 $1,961
1994 $3,299 $7,727 $1,431 $1,946
1993 $2,349 $7,260 $1,257 $1,789
1992 $2,127 $6,869 $1,344 $1,777
1991 $2,258 $6,867 $1,326 $1,737
1990 $2,620 $6,688 $1,141 $1,670
1989 $2,819 - $1,067 -
1988 $2,141 - $1,125 -
1987 $2,006 - $1,017 -
1986 $1,854 - $946 -
1985 $1,556 - $1,012 -
1984 $1,420 - $1,137 -
1983 $1,461 - $947 -
1982 $2,138 - $946 -
1981 $2,080 - $962 -
1980 $1,959 - $1,048 -
1979 $1,870 - $1,055 -
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/vanuatu | CC BY

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $3,411 in Vanuatu, ranking 137/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Vanuatu ranks 170th at $3,606.

Economic indicators

Brazil Vanuatu
Gross domestic product
$2.19T
2024
$1.12B
2024
GDP rank
10/197
2024
188/197
2024
GDP growth
3.42%
2023-2024
0.94%
2023-2024
GDP per capita
$10,311
2024
$3,411
2024
GDP per capita rank
85/197
2024
137/197
2024
GDP per capita, PPP
$22,338
2024
$3,606
2024
GDP per capita PPP rank
88/197
2024
170/197
2024
Government debt
$1.91T
2024
$507M
2024
Debt-to-GDP ratio
87.3%
2024
45.3%
2024
Government debt per person
$8,999
2024
$1,546
2024
Government debt per person rank
60/185
2024
131/185
2024
Average annual personal income after taxes
$6,263
2026
$3,164
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
24.7%
2019
Income share by poorest 10%
1.3%
2023
3%
2019
Government expenditure, % of GDP
45.7%
2024
41.1%
2024
Consumer prices inflation
4.4%
2023-2024
11.2%
2022-2023
Central bank interest rate
15%
2025
n/a
Unemployment rate
6.8%
2024
4.05%
2020
Population
213824938
344750

Spending and national debt comparison by year

Brazil
Spending

Debt
Vanuatu
Spending

Debt
1x
Year % of GDP
Brazil Vanuatu
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 41.1% 45.3%
2023 45.3% 84% 41.6% 41.8%
2022 43.4% 83.9% 42% 42.8%
2021 40.4% 88.9% 44.4% 48.5%
2020 46.2% 96% 43.4% 48%
2019 43% 87.1% 39.8% 45.1%
2018 44.2% 84.8% 33.3% 45.3%
2017 44.3% 82.7% 37.1% 52.6%
2016 45.5% 77.4% 35.2% 42.5%
2015 46.2% 71.7% 42.4% 36.3%
2014 41.4% 61.6% 23.3% 20.2%
2013 39.8% 59.6% 22.9% 18.6%
2012 39.3% 61.6% 24.5% 19.3%
2011 39.4% 60.6% 25.1% 21.3%
2010 39.5% 62.4% 28.3% 20.2%
2009 40.5% 64.7% 27.6% 21.1%
2008 39.9% 61.4% 27.8% 21.2%
2007 40.4% 63% 22.5% 19.5%
2006 42.6% 64.6% 20.1% 22.2%
2005 41.9% 67% 18.3% 26.3%
2004 39.7% 68% 18.5% 30.4%
2003 41.3% 71.5% 18.8% 38.3%
2002 44.5% 76.1% 22.3% 38.8%
2001 39.8% 67.3% 22.3% 37%
2000 34.5% 62.2% 25.4% 36.1%
1999 39.6% 44.5% 23.9% 30.6%
1998 40.9% 38.9% 27.9% 28%
1997 38.6% 31.8% 22.2% 22.9%
1996 38.2% 30.7% 24.5% 23.1%
1995 - 28% 28% 24.1%
1994 - 30% 24.4% 21.6%
1993 - 32.6% 26.2% 20.3%
1992 - 37.1% 31.8% 21%
1991 - 38.1% 33.2% 15.9%
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 (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

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

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Vanuatu spent $459M, or 41.1% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 45.3% in Vanuatu, ranking 38/185 and 119/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Vanuatu
1x
Year Deficit/surplus, % of GDP
Brazil Vanuatu
2024 -6.19% -2.34%
2023 -7.71% -0.95%
2022 -3.96% -6.5%
2021 -2.63% 2.38%
2020 -11.6% -1.95%
2019 -4.86% 2.81%
2018 -6.99% 6.26%
2017 -7.97% -1.2%
2016 -7.99% -0.72%
2015 -9.28% -8.66%
2014 -6.27% 1.44%
2013 -3.42% -0.25%
2012 -2.35% -1.7%
2011 -2.74% -2.19%
2010 -3.55% -2.63%
2009 -4.23% -0.85%
2008 -2.39% -0.04%
2007 -2.66% 0.28%
2006 -4.87% 0.49%
2005 -3.36% 1.86%
2004 -2.95% 0.8%
2003 -5.4% -1.35%
2002 -4.15% -3.63%
2001 -3.47% -3.33%
2000 -3.32% -6.28%
1999 -5.17% -0.55%
1998 -7.22% -6.65%
1997 -5.6% -0.51%
1996 -5.35% -1.78%
1995 - -2.59%
1994 - -1.49%
1993 - -3.67%
1992 - -2.32%
1991 - -2.81%
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 (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/brazil/vanuatu | 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 Vanuatu's deficit of $26.2M, or 2.34% of GDP.

Over the past 34 years, Brazil recorded a fiscal deficit in 29 of those years, while Vanuatu ran a deficit in 26 years. On average, Brazil posted an annual deficit equal to 5.09% of GDP, compared to deficit of 1.49% of GDP for Vanuatu.

Inflation comparison by year

Inflation
Brazil

Vanuatu
1x
Year Consumer prices inflation
Brazil Vanuatu
2024 4.4% -
2023 4.6% 11.2%
2022 9.3% 6.68%
2021 8.3% 2.34%
2020 3.2% 5.33%
2019 3.7% 2.76%
2018 3.7% 2.33%
2017 3.4% 3.08%
2016 8.7% 0.84%
2015 9% 2.48%
2014 6.3% 0.8%
2013 6.2% 1.46%
2012 5.4% 1.35%
2011 6.6% 0.87%
2010 5% 2.76%
2009 4.9% 4.3%
2008 5.7% 4.84%
2007 3.6% 3.94%
2006 4.2% 2.04%
2005 6.9% 1.2%
2004 6.6% 1.42%
2003 14.7% 3.02%
2002 8.4% 1.96%
2001 6.8% 3.58%
2000 7% 2.54%
1999 4.9% 2%
1998 3.2% 3.28%
1997 6.9% 2.83%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2023, retrieved 2026-04-06).

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

Over the past 27 years, Brazil has recorded an average annual inflation rate of 6.19%, compared with 3.01% in Vanuatu. In 2023, inflation was 4.4% in Brazil and 11.2% in Vanuatu.

Top exports between countries

Brazil
Export category Export value
Animal & marine products $1.4M
Processed food, beverages & tobacco $411K
Chemicals & pharma $116K
Raw materials & minerals $24K
Textiles & consumer goods $22K
Machinery & equipment $5K
Metals $5K
Raw agricultural goods $5K
Wood & paper products $5K
Miscellaneous $1K
Vanuatu
Export category Export value
Wood & paper products $5K

Balance of trade

Brazil Vanuatu
Current account balance
-$66.2B
2024
-$127M
2022
Current account balance ranking
188/190
2024
90/190
2022
Current account balance, % of GDP
-3.03%
2024
-12.1%
2022
Goods imports
$274B
2024
$350M
2022
Goods exports
$340B
2024
$73.6M
2022
Service imports
$103B
2024
$230M
2022
Service exports
$48.1B
2024
$78.5M
2022
Imports of goods and services, % of GDP
17.6%
2024
54.2%
2022
Exports of goods and services, % of GDP
17.9%
2024
9.43%
2022

Economic freedom indices

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

Brazil Vanuatu
Economic freedom 52.4 61.1
Economic freedom ranking 148/197 92/197
Property rights 49.2 62.1
Government integrity 37.2 48.3
Judicial effectiveness 55.6 67.9
Tax burden 70.6 96.9
Government spending 39.8 48.1
Fiscal health 28 78.8
Business freedom 65.7 50.3
Labor freedom 57 41
Monetary freedom 76 72.1
Trade freedom 69 62
Investment freedom 40 65
Financial freedom 40 40

Economic freedom comparison by year

Brazil
Vanuatu
1x
Year Economic freedom index
Brazil Vanuatu
2026 52.4 61.1
2025 55.1 61.8
2024 53.2 62.2
2023 53.5 62.1
2022 53.3 62.9
2021 53.4 60.5
2020 53.7 60.7
2019 51.9 56.4
2018 51.4 69.5
2017 52.9 67.4
2016 56.5 60.8
2015 56.6 61.1
2014 56.9 59.5
2013 57.7 56.6
2012 57.9 56.6
2011 56.3 56.7
2010 55.6 56.4
2009 56.7 58.4
2008 56.2 -
2007 56.2 -
2006 60.9 -
2005 61.7 -
2004 62 -
2003 63.4 -
2002 61.5 -
2001 61.9 -
2000 61.1 -
1999 61.3 -
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/vanuatu | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 61.1 for Vanuatu, ranking 92/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Vanuatu
Services, % of GDP
59.2%
2024
59.1%
2022
Industry, % of GDP
20.9%
2024
7.37%
2022
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
24.3%
2022
GNI, Atlas method
$2.11T
2024
$1.28B
2024
GNI per capita, PPP
$21,590
2024
$4,140
2024
Total reserves including gold
$330B
2024
$615M
2024
Total reserves ranking
11/177
2024
152/177
2024
Net foreign direct investment
-$47.8B
2024
-$9.21M
2022
Net inflows of foreign direct investment
$74.1B
2024
$28.9M
2024
Net outflows of foreign direct investment
$26.3B
2024
$2.79M
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
2.04%
2024
Poverty at national poverty lines
4.2%
2020
15.9%
2020
Gross capital formation, % of GDP
17%
2024
38.3%
2022

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/vanuatu | 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 (1991–2024, 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 (2011–2024, 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.