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Economy of Cambodia vs Finland compared: GDP & Debt

Updated on by Georank team

Cambodia has a GDP of $46.4B compared to $299B for Finland, ranking 97/197 and 47/197 by economy size, respectively.

Cambodia has $12B in government debt (25.9% of GDP), compared to $245B (82.1% of GDP) in Finland.

Cambodia vs Finland GDP by year

Cambodia
Finland
1x
Year GDP, current $
Cambodia Finland
2024 $46,352,647,037 $298,696,961,298
2023 $42,335,646,896 $295,021,982,463
2022 $39,994,532,960 $280,253,099,309
2021 $36,790,163,687 $294,223,210,496
2020 $34,818,073,901 $270,000,311,606
2019 $36,685,356,408 $267,014,821,129
2018 $33,145,892,169 $273,869,255,596
2017 $29,355,665,910 $253,846,138,440
2016 $26,556,545,153 $238,777,818,793
2015 $24,174,170,369 $233,210,733,506
2014 $22,041,463,968 $273,478,528,955
2013 $19,807,135,253 $270,268,036,626
2012 $17,826,536,700 $257,443,384,493
2011 $16,032,622,024 $275,126,915,516
2010 $13,808,673,288 $249,429,613,683
2009 $12,502,901,170 $253,480,783,439
2008 $12,174,303,999 $285,698,662,071
2007 $10,127,916,460 $256,360,251,538
2006 $8,350,531,017 $217,044,068,234
2005 $7,066,296,463 $204,859,368,791
2004 $5,883,297,160 $197,458,297,640
2003 $5,046,693,484 $171,612,867,736
2002 $4,501,227,627 $140,360,963,812
2001 $4,145,665,970 $129,519,672,869
2000 $3,694,168,979 $125,967,821,111
1999 $3,517,242,477 $135,234,241,918
1998 $3,120,425,503 $133,990,876,725
1997 $3,443,413,389 $126,862,902,302
1996 $3,506,695,720 $131,991,975,149
1995 $3,441,205,693 $134,060,457,516
1994 $2,791,435,272 $103,182,697,780
1993 $2,533,727,592 $89,112,105,756
1992 $2,491,486,594 $112,537,828,511
1991 $2,054,974,089 $127,794,441,994
1990 $1,402,541,177 $141,446,120,355
1989 $1,353,137,648 $118,991,270,611
1988 $1,662,877,859 $109,039,090,263
1987 $1,036,974,910 $91,564,993,913
1986 $1,167,630,318 $73,511,611,541
1985 $1,102,669,184 $55,856,676,899
1984 $1,021,176,059 $52,870,993,273
1983 $939,291,262 $50,956,447,481
1982 $865,516,040 $52,784,013,815
1981 $815,153,652 $52,440,066,134
1980 $744,384,130 $53,649,984,061
1979 $723,738,503 $44,469,218,440
1978 $766,642,356 $36,259,392,058
1977 $716,261,764 $33,502,784,418
1976 $790,357,255 $31,852,352,670
1975 $749,129,748 $29,475,251,333
1974 - $24,851,036,710
1973 - $19,474,098,335
1972 - $14,744,499,570
1971 - $12,528,522,307
1970 - $11,358,529,162
1969 - $10,177,524,839
1968 - $8,916,565,041
1967 - $9,468,272,357
1966 - $9,306,142,172
1965 - $8,680,393,839
1964 - $7,848,987,793
1963 - $6,958,916,548
1962 - $6,407,796,043
1961 - $5,984,433,774
1960 - $5,279,481,824

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

GeoRank.org/economy/cambodia/finland | CC BY

GDP per capita in Cambodia vs Finland by year

Cambodia
GDP per capita

GDP per capita, PPP
Finland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cambodia Finland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,628 $7,967 $53,150 $65,378
2023 $2,430 $7,431 $52,834 $63,415
2022 $2,325 $6,919 $50,441 $62,133
2021 $2,167 $6,226 $53,099 $56,790
2020 $2,082 $5,942 $48,829 $53,297
2019 $2,226 $6,154 $48,358 $52,276
2018 $2,037 $5,617 $49,654 $49,249
2017 $1,826 $5,050 $46,085 $47,235
2016 $1,675 $4,748 $43,451 $44,562
2015 $1,547 $4,434 $42,560 $42,258
2014 $1,432 $4,118 $50,074 $41,547
2013 $1,306 $3,891 $49,691 $41,326
2012 $1,193 $3,583 $47,552 $40,739
2011 $1,089 $3,223 $51,060 $40,846
2010 $952 $2,989 $46,506 $38,946
2009 $876 $2,854 $47,478 $37,988
2008 $866 $2,769 $53,769 $40,081
2007 $732 $2,566 $48,473 $37,843
2006 $612 $2,297 $41,214 $34,440
2005 $526 $2,038 $39,050 $32,048
2004 $444 $1,770 $37,768 $31,195
2003 $387 $1,598 $32,920 $29,043
2002 $350 $1,442 $26,989 $28,596
2001 $328 $1,357 $24,965 $27,798
2000 $296.4 $1,256 $24,336 $26,783
1999 $286.8 $1,134 $26,180 $24,762
1998 $258.8 $1,009 $26,000 $23,570
1997 $297.6 $994 $24,682 $21,787
1996 $325 $1,006 $25,757 $20,067
1995 $343 $1,006 $26,246 $19,568
1994 $302 $972 $20,278 $18,458
1993 $294.1 $1,565 $17,589 $17,458
1992 $307 $1,560 $22,320 $17,271
1991 $267.3 $1,504 $25,489 $17,563
1990 $190.2 $1,410 $28,366 $18,149
1989 $191.3 - $23,969 -
1988 $244.1 - $22,044 -
1987 $158.1 - $18,565 -
1986 $185.8 - $14,947 -
1985 $182.4 - $11,394 -
1984 $174.7 - $10,830 -
1983 $166.7 - $10,494 -
1982 $159.2 - $10,935 -
1981 $154.3 - $10,925 -
1980 $143.2 - $11,225 -
1979 $142.2 - $9,333 -
1978 $147.1 - $7,629 -
1977 $126.4 - $7,070 -
1976 $128.8 - $6,740 -
1975 $113.8 - $6,256 -
1974 - - $5,298 -
1973 - - $4,174 -
1972 - - $3,178 -
1971 - - $2,716 -
1970 - - $2,466 -
1969 - - $2,201 -
1968 - - $1,927 -
1967 - - $2,056 -
1966 - - $2,032 -
1965 - - $1,902 -
1964 - - $1,726 -
1963 - - $1,538 -
1962 - - $1,427 -
1961 - - $1,341 -
1960 - - $1,192 -

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

GeoRank.org/economy/cambodia/finland | CC BY

Cambodia's GDP per capita is $2,628, ranking 145/197, compared to $53,150 in Finland, ranking 23/197. Adjusted for purchasing power (GDP per capita PPP), Cambodia ranks 142nd at $7,967, while Finland ranks 27th at $65,378.

Economic indicators

Cambodia Finland
Gross domestic product
$46.4B
2024
$299B
2024
GDP rank
97/197
2024
47/197
2024
GDP growth
5.98%
2023-2024
0.42%
2023-2024
GDP per capita
$2,628
2024
$53,150
2024
GDP per capita rank
145/197
2024
23/197
2024
GDP per capita, PPP
$7,967
2024
$65,378
2024
GDP per capita PPP rank
142/197
2024
27/197
2024
Government debt
$12B
2024
$245B
2024
Debt-to-GDP ratio
25.9%
2024
82.1%
2024
Government debt per person
$681
2024
$43,662
2024
Government debt per person rank
156/185
2024
12/185
2024
Average annual personal income after taxes
$2,258
2026
$36,394
2026
Market capitalization of domestic companies n/a
$20.3B
2004
Number of billionaires n/a
7
2025
Income share by richest 10% n/a
22.5%
2023
Income share by poorest 10% n/a
3.7%
2023
Government expenditure, % of GDP
17.3%
2024
57.7%
2024
Consumer prices inflation
0.9%
2023-2024
1.57%
2023-2024
Unemployment rate
0.26%
2023
8.34%
2024
Population
18113986
5631965

Spending and national debt comparison by year

Cambodia
Spending

Debt
Finland
Spending

Debt
1x
Year % of GDP
Cambodia Finland
Government spending Government debt Government spending Government debt
2024 17.3% 25.9% 57.7% 82.1%
2023 19.1% 26.3% 55.9% 77.5%
2022 18.7% 25.5% 52.6% 74%
2021 21% 25.9% 55.2% 73.2%
2020 20.3% 25.2% 56.5% 75.3%
2019 17.6% 20.8% 52.6% 65.3%
2018 16.1% 21.1% 52.7% 65.3%
2017 16.2% 22.6% 52.8% 66.6%
2016 15.2% 21.8% 55.1% 68.6%
2015 14.5% 23.3% 55.7% 68.8%
2014 16.5% 24.2% 57.6% 64.8%
2013 16.4% 24.4% 57.1% 60.8%
2012 17.1% 24.9% 55.7% 57.9%
2011 16.5% 23.8% 53.8% 52%
2010 17% 23.4% 54% 50.1%
2009 17% 23.7% 54.1% 41.5%
2008 13.1% 23% 47.9% 32.6%
2007 12.3% 25.1% 46.7% 33.9%
2006 11.3% 26.7% 48.3% 38%
2005 11% 31.7% 49.2% 39.9%
2004 12.6% 38.7% 48.2% 42.6%
2003 14.5% 39.8% 48.3% 42.7%
2002 16.1% 37.8% 47.5% 40.1%
2001 14.5% 33.5% 46.2% 40.9%
2000 14.9% 34.9% 46.9% 42.4%
1999 13.8% 34.6% 49.9% 44%
1998 13.4% 37.2% 51.3% 46.8%
1997 12.4% 31.4% 54.9% 52.2%
1996 15.7% 30.1% 58.5% 55.4%
1995 - - 60% 55.2%
1994 - - 62.2% 56.2%
1993 - - 63.7% 54.2%
1992 - - 60.8% 39.3%
1991 - - 55.8% 21.9%
1990 - - 47.1% 13.9%
1989 - - 44.4% 14.3%
1988 - - 46.4% 16.5%
1987 - - 47.8% 17.6%
1986 - - 46.9% 16.4%
1985 - - 46.3% 15.8%
1984 - - 44.4% 15.2%
1983 - - 44.4% 15.4%
1982 - - 42.7% 13.9%
1981 - - 41% 11.5%
1980 - - 40.1% 10.9%
1979 - - 40.3% 11%
1978 - - 41.3% 10.7%
1977 - - 41.7% 8.22%
1976 - - 39.8% 7.09%
1975 - - 38.6% 6.76%
1974 - - 22.9% 2.97%
1973 - - 21.8% 4.42%
1972 - - 20.4% 6.46%
1971 - - 22.8% 7.94%
1970 - - 21.9% 9.19%
1969 - - 22.2% 10.8%
1968 - - 25.5% 13.9%
1967 - - 23.5% 14.2%
1966 - - 23.3% 13.7%
1965 - - 23.2% 13%
1964 - - 22.8% 12.5%
1963 - - 21.6% 12.2%
1962 - - 23.9% 10.3%
1961 - - 22.7% 9.12%
1960 - - 22.5% 9.96%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/finland | CC BY

In 2024, Cambodia's government spending was $8B, accounting for 17.3% of its GDP, while Finland spent $172B, or 57.7% of GDP.

Debt-to-GDP ratio is 25.9% in Cambodia and 82.1% in Finland, ranking 164/185 and 42/185, respectively.

Government deficit by year

Deficit/surplus
Cambodia

Finland
1x
Year Deficit/surplus, % of GDP
Cambodia Finland
2024 -2.67% -4.41%
2023 -2.83% -2.98%
2022 -0.29% -0.18%
2021 -5.18% -2.69%
2020 -2.53% -5.53%
2019 2.19% -0.93%
2018 0.28% -0.87%
2017 -0.76% -0.63%
2016 -0.29% -1.7%
2015 -0.65% -2.43%
2014 -1.24% -2.99%
2013 -2.01% -2.52%
2012 -3.57% -2.15%
2011 -3.76% -1.01%
2010 -3.09% -2.57%
2009 -3.98% -2.48%
2008 0.43% 4.18%
2007 0.62% 5.12%
2006 -0.15% 3.93%
2005 -0.34% 2.59%
2004 -3.23% 2.16%
2003 -5.69% 2.34%
2002 -6.07% 3.97%
2001 -4.95% 4.89%
2000 -4.76% 6.73%
1999 -3.79% 1.6%
1998 -5.35% 1.54%
1997 -3.7% -1.33%
1996 -7.53% -3.37%
1995 - -5.98%
1994 - -6.41%
1993 - -8.09%
1992 - -4.88%
1991 - 0.3%
1990 - 6.63%
1989 - 6.73%
1988 - 5.09%
1987 - 1.63%
1986 - 3.83%
1985 - 3.33%
1984 - 3.23%
1983 - 1.52%
1982 - 3.06%
1981 - 5.11%
1980 - 3.7%
1979 - 3.41%
1978 - 3.83%
1977 - 6.27%
1976 - 7.65%
1975 - 4.96%
1974 - -0.03%
1973 - 1.48%
1972 - -0.18%
1971 - 0.15%
1970 - 1.06%
1969 - 0.94%
1968 - -1.69%
1967 - -0.26%
1966 - -1.08%
1965 - -1.67%
1964 - -1.35%
1963 - -2.5%
1962 - -2.37%
1961 - -3.03%
1960 - -0.52%
1959 - -0.12%
1958 - -1.73%
1957 - 0.08%
1956 - -1.14%
1955 - -1%
1954 - -0.17%
1953 - 0.02%
1952 - -1.24%
1951 - 1.1%
1950 - -0.26%
1949 - -2.77%
1948 - 1.88%
1947 - -5.99%
1946 - -15.3%
1945 - -6.35%
1944 - -21.5%
1943 - -14.2%
1942 - -16.4%
1941 - -35.8%
1940 - -36.9%
1939 - -9.76%
1938 - -1.48%
1937 - -4.44%
1936 - -3.75%
1935 - -3.81%
1934 - -2.81%
1933 - -1.63%
1932 - -2.61%
1931 - -2.32%
1930 - -1.94%
1929 - -0.78%
1928 - -2.07%
1927 - -0.32%
1926 - -2.9%
1925 - -2.92%
1924 - 0.04%
1923 - -2.3%
1922 - 0.62%
1921 - -2.59%
1920 - -2.6%
1919 - -7.49%
1918 - -11.4%
1917 - -1.27%
1916 - 1.48%
1915 - -0.29%
1914 - -1.15%
1913 - -0.25%
1912 - 0.33%
1911 - -0.14%
1910 - -0.3%
1909 - -2.64%
1908 - -1.92%
1907 - 0.24%
1906 - 0.86%
1905 - -1.28%
1904 - -1.63%
1903 - -0.3%
1902 - -1.74%
1901 - -2.13%
1900 - -0.52%
1899 - -1%
1898 - -4.55%
1897 - -0.37%
1896 - -0.56%
1895 - -1.21%
1894 - -0.62%
1893 - 0%
1892 - 0.82%
1891 - 0.16%
1890 - 0.17%
1889 - 0.18%
1888 - -0.59%
1887 - -1.46%
1886 - 0%
1885 - -1.2%
1884 - -0.2%
1883 - 0%
1882 - 0.2%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/cambodia/finland | CC BY

In 2024, Cambodia's government deficit, the difference between spending and revenue, was $1.24B, equivalent to 2.67% of GDP. This compares to Finland's deficit of $13.2B, or 4.41% of GDP.

Over the past 29 years, Cambodia recorded a fiscal deficit in 25 of those years, while Finland ran a deficit in 18 years. On average, Cambodia posted an annual deficit equal to 2.58% of GDP, compared to deficit of 0.06% of GDP for Finland.

Inflation comparison by year

Inflation
Cambodia

Finland
1x
Year Consumer prices inflation
Cambodia Finland
2024 0.9% 1.57%
2023 2.1% 6.25%
2022 5.3% 7.12%
2021 2.9% 2.19%
2020 2.9% 0.29%
2019 2% 1.02%
2018 2.4% 1.08%
2017 2.9% 0.75%
2016 3% 0.36%
2015 1.2% -0.21%
2014 3.9% 1.04%
2013 2.9% 1.48%
2012 2.9% 2.81%
2011 5.5% 3.42%
2010 4% 1.18%
2009 -0.7% -0%
2008 25% 4.07%
2007 7.7% 2.51%
2006 6.1% 1.57%
2005 6.3% 0.62%
2004 3.9% 0.19%
2003 1% 0.88%
2002 0% 1.57%
2001 -0.1% 2.58%
2000 -0.8% 3.04%
1999 2% 1.16%
1998 12.9% 1.4%
1997 10.5% 1.19%

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/cambodia/finland | CC BY

Over the past 28 years, Cambodia has recorded an average annual inflation rate of 4.24%, compared with 1.83% in Finland. In 2024, inflation was 0.9% in Cambodia and 1.57% in Finland.

Top exports between countries

Cambodia
Export category Export value
Raw agricultural goods $3.19M
Textiles & consumer goods $2.16M
Processed food, beverages & tobacco $119K
Machinery & equipment $95K
Miscellaneous $94K
Raw materials & minerals $83K
Finland
Export category Export value
Textiles & consumer goods $141M
Machinery & equipment $2.19M
Wood & paper products $1.08M
Chemicals & pharma $314K
Animal & marine products $97K
Metals $12K
Raw agricultural goods $4K
Raw materials & minerals $3K

Balance of trade

Cambodia Finland
Current account balance
$228M
2024
-$1.99B
2024
Current account balance ranking
65/190
2024
143/190
2024
Current account balance, % of GDP
+0.49%
2024
-0.67%
2024
Goods imports
$31.2B
2024
$76.6B
2024
Goods exports
$26.8B
2024
$83.1B
2024
Service imports
$3.08B
2024
$47.4B
2024
Service exports
$4.97B
2024
$42B
2024
Imports of goods and services, % of GDP
72.1%
2024
41.6%
2024
Exports of goods and services, % of GDP
71.4%
2024
41.9%
2024

Economic freedom indices

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

Cambodia Finland
Economic freedom 58.7 76.6
Economic freedom ranking 108/197 15/197
Property rights 38.1 99.9
Government integrity 18.9 95.4
Judicial effectiveness 21.2 96.4
Tax burden 90.3 68.4
Government spending 89.9 7.9
Fiscal health 92.7 76.3
Business freedom 60.8 85.3
Labor freedom 48.3 65.4
Monetary freedom 77 80.3
Trade freedom 67.8 79.4
Investment freedom 50 85
Financial freedom 50 80

Economic freedom comparison by year

Cambodia
Finland
1x
Year Economic freedom index
Cambodia Finland
2026 58.7 76.6
2025 58.2 77
2024 55.6 76.3
2023 56.5 77.1
2022 57.1 78.3
2021 57.3 76.1
2020 57.3 75.7
2019 57.8 74.9
2018 58.7 74.1
2017 59.5 74
2016 57.9 72.6
2015 57.5 73.4
2014 57.4 73.4
2013 58.5 74
2012 57.6 72.3
2011 57.9 74
2010 56.6 73.8
2009 56.6 74.5
2008 55.9 74.6
2007 55.9 74
2006 56.7 72.9
2005 60 71
2004 61.1 73.4
2003 63.7 73.7
2002 60.7 73.6
2001 59.6 69.7
2000 59.3 64.3
1999 59.9 63.9
1998 59.8 63.5
1997 52.8 65.2
1996 - 63.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/cambodia/finland | CC BY

The Economic Freedom Index for Cambodia is 58.7, ranking 108/197, compared to 76.6 for Finland, ranking 15/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cambodia Finland
Services, % of GDP
35.6%
2024
62.2%
2024
Industry, % of GDP
41.8%
2024
22.8%
2024
Agriculture, forestry, and fishing, % of GDP
16.6%
2024
2.47%
2024
GNI, Atlas method
$44.9B
2024
$290B
2024
GNI per capita, PPP
$7,910
2024
$65,640
2024
Total reserves including gold
$22.5B
2024
$18B
2024
Total reserves ranking
58/177
2024
65/177
2024
Net foreign direct investment
-$4.22B
2024
$3.28B
2024
Net inflows of foreign direct investment
$4.39B
2024
$8.74B
2024
Net outflows of foreign direct investment
$172M
2024
$12B
2024
Servicing debt to the IMF, % of GNI
7.41%
2024
n/a
Poverty at national poverty lines
17.7%
2012
12.2%
2022
Gross capital formation, % of GDP
32.2%
2024
22.3%
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/cambodia/finland | 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 (1882–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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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.