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Economy of Canada vs Samoa compared: GDP & Debt

Updated on by Georank team

Canada has a GDP of $2.24T compared to $1.18B for Samoa, ranking 9/197 and 185/197 by economy size, respectively.

Canada has $2.5T in government debt (111.3% of GDP), compared to $296M (25.2% of GDP) in Samoa.

Canada vs Samoa GDP by year

Canada
Samoa
1x
Year GDP, current $
Canada Samoa
2024 $2,243,636,826,634 $1,175,749,786
2023 $2,173,339,670,064 $1,044,909,500
2022 $2,190,411,080,134 $889,554,712
2021 $2,022,378,748,423 $859,724,936
2020 $1,655,684,730,000 $868,884,903
2019 $1,743,725,183,673 $912,950,466
2018 $1,725,329,192,783 $878,448,433
2017 $1,649,265,644,244 $884,844,384
2016 $1,527,994,741,907 $843,924,797
2015 $1,556,508,816,217 $824,150,499
2014 $1,805,749,878,440 $796,683,520
2013 $1,846,597,421,835 $797,736,334
2012 $1,828,366,481,522 $773,141,661
2011 $1,793,326,630,175 $744,097,050
2010 $1,617,343,367,486 $680,260,907
2009 $1,374,625,142,157 $628,006,115
2008 $1,552,989,690,722 $641,346,192
2007 $1,468,820,407,783 $573,548,460
2006 $1,319,264,809,591 $499,923,758
2005 $1,173,108,598,779 $476,801,793
2004 $1,026,690,238,278 $407,747,565
2003 $895,540,646,635 $333,426,188
2002 $760,649,334,098 $281,790,134
2001 $738,981,792,355 $266,299,591
2000 $744,773,415,932 $258,856,140
1999 $678,412,196,271 $255,408,060
1998 $634,000,000,000 $269,485,244
1997 $654,986,999,856 $285,475,592
1996 $630,607,994,133 $249,907,869
1995 $605,961,090,061 $224,865,731
1994 $579,944,346,807 $221,098,107
1993 $579,053,561,739 $133,122,897
1992 $594,387,358,319 $132,303,041
1991 $612,527,712,316 $125,597,205
1990 $596,075,591,361 $125,766,270
1989 $567,211,993,243 $122,888,610
1988 $509,380,027,627 $133,016,065
1987 $433,134,238,311 $111,713,922
1986 $379,006,836,992 $100,947,849
1985 $366,186,012,450 $95,572,173
1984 $356,718,400,124 $109,200,934
1983 $341,866,277,183 $111,862,824
1982 $314,647,807,409 $121,221,652
1981 $307,246,642,756 $118,190,655
1980 $274,776,566,028 $125,747,038
1979 $243,891,124,296 $122,257,393
1978 $219,369,542,386 $108,223,444
1977 $212,325,176,305 $98,295,671
1976 $207,271,612,576 $85,003,078
1975 $174,419,757,177 $93,489,283
1974 $160,949,188,139 $93,549,611
1973 $131,764,343,566 $82,452,985
1972 $113,463,848,874 $62,566,116
1971 $99,606,454,744 $53,719,569
1970 $88,192,257,632 $45,208,338
1969 $79,405,011,125 -
1968 $72,048,833,006 -
1967 $65,856,924,424 -
1966 $61,252,415,405 -
1965 $54,649,410,479 -
1964 $49,503,663,836 -
1963 $45,140,337,827 -
1962 $42,336,211,556 -
1961 $41,038,192,838 -
1960 $40,563,768,947 -

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

GeoRank.org/economy/canada/samoa | CC BY

GDP per capita in Canada vs Samoa by year

Canada
GDP per capita

GDP per capita, PPP
Samoa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Canada Samoa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $54,340 $64,610 $5,393 $8,737
2023 $54,220 $64,219 $4,823 $8,195
2022 $56,257 $63,944 $4,132 $6,909
2021 $52,887 $56,995 $4,022 $6,350
2020 $43,538 $48,591 $4,100 $6,451
2019 $46,353 $50,499 $4,352 $6,638
2018 $46,539 $49,983 $4,232 $6,318
2017 $45,130 $48,317 $4,308 $6,280
2016 $42,314 $46,471 $4,147 $6,141
2015 $43,594 $44,668 $4,084 $5,682
2014 $50,961 $45,758 $3,983 $5,468
2013 $52,638 $44,301 $4,024 $5,387
2012 $52,670 $42,292 $3,935 $5,339
2011 $52,224 $41,667 $3,822 $5,494
2010 $47,561 $40,103 $3,524 $5,229
2009 $40,875 $38,863 $3,279 $4,906
2008 $46,710 $40,376 $3,374 $4,939
2007 $44,660 $39,573 $3,039 $4,713
2006 $40,504 $38,123 $2,663 $4,592
2005 $36,384 $36,328 $2,550 $4,379
2004 $32,146 $33,929 $2,189 $3,997
2003 $28,302 $32,350 $1,798 $3,792
2002 $24,256 $30,964 $1,528 $3,553
2001 $23,822 $30,241 $1,454 $3,335
2000 $24,271 $29,348 $1,425 $3,062
1999 $22,315 $27,841 $1,417 $2,871
1998 $21,025 $26,324 $1,506 $2,792
1997 $21,902 $25,264 $1,608 $2,722
1996 $21,297 $24,055 $1,419 $2,681
1995 $20,680 $23,474 $1,288 $2,478
1994 $19,998 $22,624 $1,277 $2,294
1993 $20,187 $21,432 $775 $2,323
1992 $20,950 $20,619 $777 $2,198
1991 $21,847 $20,220 $742 $2,166
1990 $21,526 $20,226 $744 $2,148
1989 $20,795 - $728 -
1988 $19,013 - $790 -
1987 $16,378 - $666 -
1986 $14,521 - $604 -
1985 $14,170 - $573 -
1984 $13,930 - $655 -
1983 $13,477 - $671 -
1982 $12,527 - $728 -
1981 $12,379 - $713 -
1980 $11,208 - $765 -
1979 $10,078 - $751 -
1978 $9,154 - $671 -
1977 $8,949 - $615 -
1976 $8,839 - $541 -
1975 $7,537 - $610 -
1974 $7,057 - $626 -
1973 $5,858 - $563 -
1972 $5,107 - $433 -
1971 $4,535 - $377 -
1970 $4,136 - $322 -
1969 $3,776 - - -
1968 $3,473 - - -
1967 $3,226 - - -
1966 $3,055 - - -
1965 $2,777 - - -
1964 $2,562 - - -
1963 $2,380 - - -
1962 $2,274 - - -
1961 $2,246 - - -
1960 $2,265 - - -

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

GeoRank.org/economy/canada/samoa | CC BY

Canada's GDP per capita is $54,340, ranking 20/197, compared to $5,393 in Samoa, ranking 117/197. Adjusted for purchasing power (GDP per capita PPP), Canada ranks 28th at $64,610, while Samoa ranks 137th at $8,737.

Economic indicators

Canada Samoa
Gross domestic product
$2.24T
2024
$1.18B
2024
GDP rank
9/197
2024
185/197
2024
GDP growth
1.55%
2023-2024
4.75%
2023-2024
GDP per capita
$54,340
2024
$5,393
2024
GDP per capita rank
20/197
2024
117/197
2024
GDP per capita, PPP
$64,610
2024
$8,737
2024
GDP per capita PPP rank
28/197
2024
137/197
2024
Government debt
$2.5T
2024
$296M
2024
Debt-to-GDP ratio
111.3%
2024
25.2%
2024
Government debt per person
$60,482
2024
$1,357
2024
Government debt per person rank
4/185
2024
135/185
2024
Average annual personal income after taxes
$37,320
2026
$3,750
2026
Market capitalization of domestic companies
$3.37T
2024
n/a
Number of millionaires
2,098,000
2025
n/a
Number of billionaires
76
2025
n/a
Income share by richest 10%
24.1%
2021
31.3%
2013
Income share by poorest 10%
3.3%
2021
2.7%
2013
Government expenditure, % of GDP
44.7%
2024
26.3%
2024
Consumer prices inflation
2.38%
2023-2024
2.17%
2023-2024
Central bank interest rate
2.25%
2025
0.37%
2024
Unemployment rate
6.35%
2024
5.05%
2022
Population
42181965
220932

Spending and national debt comparison by year

Canada
Spending

Debt
Samoa
Spending

Debt
1x
Year % of GDP
Canada Samoa
Government spending Government debt Government spending Government debt
2024 44.7% 111.3% 26.3% 25.2%
2023 42.1% 107.7% 28.8% 31.8%
2022 40.6% 104.2% 31.1% 41%
2021 45.5% 112.6% 34.1% 45.4%
2020 52.4% 118.1% 30.5% 43.2%
2019 40.6% 90.2% 31.8% 44.3%
2018 40.7% 90.8% 30% 49.4%
2017 40.5% 90.9% 30.9% 46.7%
2016 40.8% 92.4% 27.3% 49%
2015 40% 92% 30.5% 56.4%
2014 38.4% 85.5% 35.3% 54.9%
2013 40% 87.6% 30.7% 54.1%
2012 40.9% 87.2% 33.6% 50.9%
2011 41.6% 84.3% 33.7% 41.5%
2010 43.1% 84% 29.4% 40.3%
2009 43.4% 81.8% 31.5% 33.3%
2008 38.8% 70.4% 27.7% 28.2%
2007 38.5% 67.2% 31.1% 31.5%
2006 38.7% 69.9% 27.7% 33.5%
2005 38.5% 70.6% 30.6% 34.2%
2004 39.1% 71.9% 27.3% 39.8%
2003 40.3% 75.9% 28.5% 42.8%
2002 40.4% 79.6% 30.7% 50.3%
2001 41.1% 81.5% 30% 53.8%
2000 40.6% 80.4% 30.4% 55.8%
1999 41.8% 89% 33.8% 59.4%
1998 43.4% 93.3% 28.1% 58.9%
1997 43.5% 95.3% 31% -
1996 45.9% 100.2% 38.9% -
1995 47.7% 100.1% 42.2% -
1994 49% 97.5% 54.1% -
1993 51.5% 94.7% 49.5% -
1992 52.5% 88.2% 43.4% -
1991 51.4% 81.7% - -
1990 48.1% 73.7% - -
1989 45.8% 72.2% - -
1988 45.4% 71.1% - -
1987 46.1% 71.4% - -
1986 47.6% 71% - -
1985 48.3% 66.9% - -
1984 47.5% 61.7% - -
1983 47.9% 58.4% - -
1982 47.3% 52.7% - -
1981 42.5% 46.9% - -
1980 41.6% 45.6% - -
1979 40% 45.3% - -
1978 41.6% 48% - -
1977 41.4% 45.1% - -
1976 40.2% 43.6% - -
1975 41.1% 45.2% - -
1974 37.6% 45.8% - -
1973 36% 48% - -
1972 37.5% 53.5% - -
1971 37.3% 55.3% - -
1970 36% 54.3% - -
1969 33.9% 53% - -
1968 33.8% 55.9% - -
1967 32.9% 56.9% - -
1966 30.8% 56.6% - -
1965 29.8% 60.1% - -
1964 29.7% 63.7% - -
1963 30.3% 67% - -
1962 30.6% 67.2% - -
1961 30.6% 68.2% - -
1960 14.9% 66.1% - -

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/canada/samoa | CC BY

In 2024, Canada's government spending was $1T, accounting for 44.7% of its GDP, while Samoa spent $310M, or 26.3% of GDP.

Debt-to-GDP ratio is 111.3% in Canada and 25.2% in Samoa, ranking 15/185 and 165/185, respectively.

Government deficit by year

Deficit/surplus
Canada

Samoa
1x
Year Deficit/surplus, % of GDP
Canada Samoa
2024 -2.01% 9.29%
2023 0.07% 2.7%
2022 0.56% 5.03%
2021 -3.06% 1.71%
2020 -10.9% 5.41%
2019 -0.02% 1.51%
2018 0.36% 0.06%
2017 -0.11% -1.98%
2016 -0.45% -0.35%
2015 -0.06% -3.79%
2014 0.17% -5.38%
2013 -1.49% -3.82%
2012 -2.52% -7.43%
2011 -3.31% -5.25%
2010 -4.74% -5.49%
2009 -3.88% -2.98%
2008 0.18% -0.36%
2007 1.82% 0.55%
2006 1.83% -0.44%
2005 1.55% 0.23%
2004 0.77% -0.74%
2003 -0.13% -0.51%
2002 -0.23% -1.77%
2001 0.53% -1.96%
2000 2.64% -0.62%
1999 1.66% 0.27%
1998 0.14% 1.64%
1997 0.04% 1.92%
1996 -3.05% 1.21%
1995 -5.49% -5.82%
1994 -6.94% -9.51%
1993 -8.93% -13.2%
1992 -9.2% -9.89%
1991 -8.36% -
1990 -5.91% -
1989 -4.6% -
1988 -4.33% -
1987 -5.42% -
1986 -7.14% -
1985 -8.59% -
1984 -7.78% -
1983 -8.17% -
1982 -7.03% -
1981 -2.83% -
1980 -4.07% -
1979 -3.41% -
1978 -4.77% -
1977 -4.1% -
1976 -2.78% -
1975 -3.54% -
1974 1.1% -
1973 0.6% -
1972 -0.97% -
1971 -1.02% -
1970 -0.36% -
1969 1.2% -
1968 -0.45% -
1967 -0.82% -
1966 -0.07% -
1965 -0.25% -
1964 -0.68% -
1963 -2.31% -
1962 -2.6% -
1961 -2.75% -
1960 -0.85% -
1959 -1.08% -
1958 -1.69% -
1957 -0.11% -
1956 0.77% -
1955 -0.11% -
1954 -0.57% -
1953 0.3% -
1952 0.09% -
1951 1.1% -
1950 1.09% -
1949 0.78% -
1948 3.84% -
1947 5.02% -
1946 3.14% -
1945 -17.9% -
1944 -21.6% -
1943 -23.1% -
1942 -20.8% -
1941 -4.79% -
1940 -5.62% -
1939 -2.11% -
1938 -0.97% -
1937 -0.34% -
1936 -1.68% -
1935 -3.72% -
1934 -2.93% -
1933 -3.83% -
1932 -5.79% -
1931 -2.43% -
1930 -1.47% -
1929 0.78% -
1928 1.12% -
1927 0.92% -
1926 0.81% -
1925 0.55% -
1924 0.007% -
1923 0.79% -
1922 -0.75% -
1921 -2% -
1920 -1.82% -
1919 -8.94% -
1918 -8.98% -
1917 -7.83% -
1916 -8.14% -
1915 -6.17% -
1914 -4.63% -
1913 -0.82% -
1912 1.03% -
1911 0.004% -
1910 -0.18% -
1909 -0.67% -
1908 -2.78% -
1907 -0.83% -
1906 0.22% -
1905 -0.07% -
1904 -0.44% -
1903 0.07% -
1902 0.91% -
1901 -0.34% -
1900 -0.33% -
1899 0.1% -
1898 -0.3% -
1897 -0.35% -
1896 -0.48% -
1895 -0.85% -
1894 -1.06% -
1893 -0.66% -
1892 -0.07% -
1891 3.23% -
1890 -0.04% -
1889 0% -
1888 -0.48% -
1887 -1.18% -
1886 -0.73% -
1885 -4.82% -
1884 -2.43% -
1883 -3.88% -
1882 -0.78% -
1881 0.32% -
1880 -0.62% -
1879 -2.11% -
1878 -0.63% -
1877 -1.63% -
1876 -2.06% -
1875 -1.88% -
1874 -1.57% -
1873 -1.74% -
1872 -3.93% -
1871 -1.09% -
1870 0.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1870–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/canada/samoa | CC BY

In 2024, Canada's government deficit, the difference between spending and revenue, was $45.2B, equivalent to 2.01% of GDP. This compares to Samoa's surplus of $109M, or 9.29% of GDP.

Over the past 33 years, Canada recorded a fiscal deficit in 19 of those years, while Samoa ran a deficit in 20 years. On average, Canada posted an annual deficit equal to 1.64% of GDP, compared to deficit of 1.51% of GDP for Samoa.

Inflation comparison by year

Inflation
Canada

Samoa
1x
Year Consumer prices inflation
Canada Samoa
2024 2.38% 2.17%
2023 3.88% 7.92%
2022 6.8% 11%
2021 3.4% 3.13%
2020 0.72% -1.57%
2019 1.95% 0.98%
2018 2.27% 4.2%
2017 1.6% 1.75%
2016 1.43% 1.3%
2015 1.13% 0.72%
2014 1.91% -0.41%
2013 0.94% 0.61%
2012 1.52% 2.05%
2011 2.91% 5.24%
2010 1.78% 0.78%
2009 0.3% 6.32%
2008 2.37% 11.6%
2007 2.14% 5.58%
2006 2% 3.7%
2005 2.21% 1.86%
2004 1.86% 16.3%
2003 2.76% 0.12%
2002 2.26% 8.05%
2001 2.53% 3.84%
2000 2.72% 0.97%
1999 1.73% 0.27%
1998 1% 2.22%
1997 1.62% 6.86%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/canada/samoa | CC BY

Over the past 28 years, Canada has recorded an average annual inflation rate of 2.15%, compared with 3.84% in Samoa. In 2024, inflation was 2.38% in Canada and 2.17% in Samoa.

Top exports between countries

Canada
Export category Export value
Wood & paper products $282K
Raw agricultural goods $147K
Machinery & equipment $19K
Metals $17K
Chemicals & pharma $9K
Miscellaneous $1K
Samoa
Export category Export value
Raw agricultural goods $10K
Machinery & equipment $1K

Balance of trade

Canada Samoa
Current account balance
-$10.3B
2024
$65.6M
2024
Current account balance ranking
177/190
2024
72/190
2024
Current account balance, % of GDP
-0.46%
2024
+5.58%
2024
Goods imports
$574B
2024
$448M
2024
Goods exports
$569B
2024
$42.2M
2024
Service imports
$160B
2024
$128M
2024
Service exports
$159B
2024
$327M
2024
Imports of goods and services, % of GDP
32.7%
2024
48.9%
2024
Exports of goods and services, % of GDP
32.4%
2024
30.7%
2024

Economic freedom indices

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

Canada Samoa
Economic freedom 75.6 68
Economic freedom ranking 17/197 52/197
Property rights 85.9 77.1
Government integrity 85.5 64.1
Judicial effectiveness 96 77.6
Tax burden 74.7 79.3
Government spending 45.9 75.2
Fiscal health 79.7 98.7
Business freedom 84.2 63.7
Labor freedom 68.3 73.7
Monetary freedom 73.8 69.4
Trade freedom 83.2 67.2
Investment freedom 60 40
Financial freedom 70 30

Economic freedom comparison by year

Canada
Samoa
1x
Year Economic freedom index
Canada Samoa
2026 75.6 68
2025 75.5 66.6
2024 72.4 67.2
2023 73.7 68.3
2022 76.6 68.3
2021 77.9 61.9
2020 78.2 62.1
2019 77.7 62.2
2018 77.7 61.5
2017 78.5 58.4
2016 78 63.5
2015 79.1 61.9
2014 80.2 61.1
2013 79.4 57.1
2012 79.9 60.5
2011 80.8 60.6
2010 80.4 60.4
2009 80.5 59.5
2008 80.2 -
2007 78 -
2006 77.4 -
2005 75.8 -
2004 75.3 -
2003 74.8 -
2002 74.6 -
2001 71.2 63.1
2000 70.5 60.8
1999 69.3 58.7
1998 68.5 49.9
1997 67.9 51.5
1996 70.3 47.6
1995 69.4 -

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

GeoRank.org/economy/canada/samoa | CC BY

The Economic Freedom Index for Canada is 75.6, ranking 17/197, compared to 68 for Samoa, ranking 52/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Canada Samoa
Services, % of GDP
66.4%
2021
69.4%
2024
Industry, % of GDP
25.3%
2021
10.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.6%
2021
9.8%
2024
GNI, Atlas method
$2.2T
2024
$1.1B
2024
GNI per capita, PPP
$63,630
2024
$8,620
2024
Total reserves including gold
$120B
2024
$508M
2024
Total reserves ranking
23/177
2024
155/177
2024
Net foreign direct investment
$27.8B
2024
-$1.69M
2024
Net inflows of foreign direct investment
$63.1B
2024
$3.74M
2024
Net outflows of foreign direct investment
$89.4B
2024
$2.05M
2024
Servicing debt to the IMF, % of GNI n/a
3.15%
2024
Poverty at national poverty lines
9.4%
2020
21.9%
2018
Gross capital formation, % of GDP
23.2%
2024
29%
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/canada/samoa | 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 (1870–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (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)
  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.