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Economy of Central African Republic vs South Africa compared: GDP & Debt

Updated on by Georank

The Central African Republic has a GDP of $3.07B compared to $427B for South Africa, ranking 171/197 and 40/197 by economy size, respectively.

The Central African Republic has $1.9B in government debt (61.8% of GDP), compared to $336B (78.6% of GDP) in South Africa.

Central African Republic vs South Africa GDP by year

Central African Republic
South Africa
1x
Year GDP, current $
CAR South Africa
2025 $3,066,109,226 $427,184,325,997
2024 $2,751,494,281 $401,144,998,374
2023 $2,555,492,086 $381,440,724,491
2022 $2,382,618,615 $407,596,043,068
2021 $2,516,498,412 $419,986,284,375
2020 $2,326,720,900 $337,974,655,408
2019 $2,221,301,351 $389,330,032,224
2018 $2,220,979,146 $405,260,723,893
2017 $2,072,349,973 $381,448,814,653
2016 $1,825,018,145 $323,585,509,674
2015 $1,695,825,714 $346,709,790,459
2014 $1,894,813,389 $381,198,869,776
2013 $1,691,544,110 $400,886,013,596
2012 $2,510,126,512 $434,400,545,086
2011 $2,437,982,705 $458,199,494,831
2010 $2,142,591,540 $417,363,822,802
2009 $2,067,381,665 $329,754,060,647
2008 $1,993,407,888 $316,131,258,616
2007 $1,699,811,295 $333,077,117,254
2006 $1,461,859,762 $303,858,675,364
2005 $1,337,894,379 $288,867,217,197
2004 $1,272,360,517 $255,806,908,595
2003 $1,142,315,523 $197,018,965,309
2002 $996,068,145 $129,087,556,612
2001 $932,648,605 $135,429,905,923
2000 $916,777,283 $151,752,757,215
1999 $999,477,511 $151,516,957,079
1998 $967,338,390 $152,982,984,557
1997 $937,741,513 $168,978,057,328
1996 $1,007,791,127 $163,234,925,381
1995 $1,115,389,674 $171,735,933,897
1994 $851,174,357 $153,512,712,382
1993 $1,278,781,262 $147,194,747,566
1992 $1,411,917,553 $146,956,150,987
1991 $1,377,374,987 $135,203,698,238
1990 $1,440,711,459 $126,048,140,142
1989 $1,233,930,281 $108,055,624,082
1988 $1,264,899,288 $103,976,831,871
1987 $1,200,991,978 $96,535,763,418
1986 $1,122,265,013 $73,354,771,399
1985 $864,849,836 $64,459,376,087
1984 $637,820,670 $84,870,163,366
1983 $658,679,333 $96,204,110,942
1982 $748,312,391 $85,904,057,409
1981 $694,803,623 $93,141,472,164
1980 $797,048,199 $89,411,864,402
1979 $700,764,748 $63,038,658,089
1978 $610,578,632 $51,607,412,902
1977 $507,298,148 $45,328,411,332
1976 $451,152,461 $41,150,460,288
1975 $378,660,016 $42,906,905,672
1974 $281,398,706 $41,389,186,095
1973 $271,183,082 $33,262,772,008
1972 $230,317,883 $24,515,919,217
1971 $201,450,800 $23,411,076,638
1970 $189,106,529 $21,218,391,513
1969 $188,039,210 $19,256,992,297
1968 $191,767,442 $17,124,793,150
1967 $163,820,514 $15,821,393,671
1966 $157,930,018 $14,211,394,315
1965 $150,574,795 $13,068,994,772
1964 $142,025,079 $11,955,995,218
1963 $129,379,124 $10,854,195,658
1962 $124,482,774 $9,813,996,074
1961 $123,134,583 $9,225,996,310
1960 $112,155,598 $8,748,596,501

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/central-african-republic/south-africa | CC BY

GDP per capita in Central African Republic vs South Africa by year

Central African Republic
GDP per capita

GDP per capita, PPP
South Africa
GDP per capita

GDP per capita, PPP
1x
Year Current $
CAR South Africa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $556 - $6,598 -
2024 $516 $1,263 $6,267 $15,456
2023 $496 $1,257 $6,034 $15,200
2022 $467 $1,218 $6,534 $14,749
2021 $492 $1,129 $6,829 $13,682
2020 $463 $1,066 $5,581 $12,671
2019 $449 $985 $6,534 $13,361
2018 $455 $906 $6,914 $13,347
2017 $432 $884 $6,618 $13,738
2016 $387 $826 $5,651 $13,519
2015 $366 $769 $6,112 $13,398
2014 $410 $699 $6,857 $13,359
2013 $364 $710 $7,332 $13,369
2012 $544 $1,062 $8,077 $12,987
2011 $534 $980 $8,646 $13,143
2010 $477 $936 $7,973 $12,637
2009 $456 $877 $6,375 $12,261
2008 $437 $798 $6,185 $12,525
2007 $381 $783 $6,592 $12,047
2006 $334 $743 $6,077 $11,250
2005 $312 $702 $5,837 $10,441
2004 $303 $690 $5,221 $9,714
2003 $278.4 $648 $4,062 $9,139
2002 $248.6 $688 $2,688 $8,792
2001 $238 $668 $2,847 $8,428
2000 $239.2 $640 $3,218 $8,095
1999 $268 $660 $3,242 $7,667
1998 $266.6 $645 $3,310 $7,463
1997 $265.5 $626 $3,700 $7,433
1996 $293.3 $601 $3,618 $7,208
1995 $333 $631 $3,856 $6,875
1994 $261.3 $592 $3,489 $6,611
1993 $405 $570 $3,400 $6,375
1992 $462 $573 $3,462 $6,275
1991 $465 $618 $3,243 $6,383
1990 $502 $620 $3,093 $6,382
1989 $443 - $2,727 -
1988 $466 - $2,702 -
1987 $450 - $2,586 -
1986 $426 - $2,027 -
1985 $333 - $1,839 -
1984 $248.3 - $2,504 -
1983 $259.6 - $2,938 -
1982 $298.4 - $2,717 -
1981 $280.3 - $3,050 -
1980 $325 - $3,029 -
1979 $289.1 - $2,202 -
1978 $254.6 - $1,852 -
1977 $213.8 - $1,671 -
1976 $192.1 - $1,559 -
1975 $163.6 - $1,670 -
1974 $124 - $1,656 -
1973 $121.8 - $1,369 -
1972 $105.5 - $1,038 -
1971 $94.1 - $1,020 -
1970 $90.2 - $952 -
1969 $91.7 - $891 -
1968 $95.6 - $817 -
1967 $83.6 - $779 -
1966 $82.3 - $722 -
1965 $80.2 - $685 -
1964 $77.2 - $646 -
1963 $71.8 - $605 -
1962 $70.4 - $563 -
1961 $71 - $546 -
1960 $65.9 - $532 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/central-african-republic/south-africa | CC BY

The Central African Republic's GDP per capita is $556, ranking 195/197, compared to $6,598 in South Africa, ranking 109/197. Adjusted for purchasing power (GDP per capita PPP), the Central African Republic ranks 195th at $1,263, while South Africa ranks 112th at $15,456.

Economic indicators

CAR South Africa
Gross domestic product
$3.07B
2025
$427B
2025
GDP rank
171/197
2025
40/197
2025
GDP growth
4.5%
2024-2025
1.11%
2024-2025
GDP per capita
$556
2025
$6,598
2025
GDP per capita rank
195/197
2025
109/197
2025
GDP per capita, PPP
$1,263
2024
$15,456
2024
GDP per capita PPP rank
195/197
2024
112/197
2024
Government debt
$1.9B
2025
$336B
2025
Debt-to-GDP ratio
61.8%
2025
78.6%
2025
Government debt per person
$344
2025
$5,189
2025
Government debt per person rank
176/185
2025
84/185
2025
Average annual personal income after taxes
$1,242
2026
$4,738
2026
Market capitalization of domestic companies n/a
$1.4T
2025
Number of millionaires n/a
97,000
2026
Number of billionaires n/a
7
2026
Income share by richest 10%
33.1%
2021
42.1%
2022
Income share by poorest 10%
2.1%
2021
1.4%
2022
Government expenditure, % of GDP
21.1%
2025
34.2%
2025
Consumer prices inflation
1%
2024-2025
3.21%
2024-2025
Central bank interest rate n/a
7%
2026
Unemployment rate
6.9%
2017
32.3%
2024
Population
5798457
65829368

Spending and national debt comparison by year

Central African Republic
Spending

Debt
South Africa
Spending

Debt
1x
Year % of GDP
CAR South Africa
Government spending Government debt Government spending Government debt
2025 21.1% 61.8% 34.2% 78.6%
2024 19.4% 59.9% 33% 76%
2023 17.5% 55.6% 32.5% 73.2%
2022 17.1% 48.9% 31.9% 70.7%
2021 19% 46.3% 32.7% 68.8%
2020 24% 42.4% 34.6% 68.9%
2019 15.8% 44.9% 31.4% 56.1%
2018 16.8% 47.9% 30.2% 51.5%
2017 13.1% 47.4% 29.9% 48.6%
2016 11.1% 49.3% 29.9% 47.1%
2015 12.7% 54.4% 30.2% 45.2%
2014 16.7% 57.5% 29.3% 43.3%
2013 13.4% 51.8% 28.9% 40.4%
2012 14.7% 31.5% 28.6% 37.4%
2011 14.2% 19.7% 28.1% 34.7%
2010 17.3% 19.9% 28.3% 31.2%
2009 16% 20.3% 28.5% 27%
2008 16% 35.8% 26% 24%
2007 12.9% 47.9% 24.4% 24.3%
2006 13.4% 46.7% 24.7% 28%
2005 16.2% 103% 25.1% 29.6%
2004 13.1% 99.7% 22.7% 30.7%
2003 12.3% 95.9% 22.6% 31.5%
2002 16.7% 98.5% 22.2% 31.8%
2001 14.1% 103.1% 22.6% 38%
2000 17.2% 94.7% 22.6% 37.9%
1999 18.2% 84.2% 26.7% 45.9%
1998 18.1% 85.3% 27.1% 45.8%
1997 14.5% 96.1% 27.9% 45.8%
1996 11.7% 93% 28.5% 44.3%
1995 20.6% 83.8% 27.2% 47%
1994 22.4% 103.4% 31.3% 46.4%
1993 20.6% 68.2% 29.1% 39.8%
1992 23.1% 57.4% 29.8% 34.8%
1991 22.6% 55.8% 27.8% 34.7%
1990 22% 44.6% 28.7% 31.8%
1989 19.6% 50.9% 29.6% 33.3%
1988 21.4% 48.8% 23.9% 30.6%
1987 - - 28% 33.5%
1986 - - 27.8% 32.5%
1985 - - 26.8% 26.3%
1984 - - 25.2% 23.2%
1983 - - 25.1% 28.7%
1982 - - 23.8% 31.3%
1981 - - 23.3% 27.4%
1980 - - 21.8% 33.3%
1979 - - 26.5% 41.9%
1978 - - 26.8% 44.7%
1977 - - 27.3% 45.3%
1976 - - 23% 35%
1975 - - 21.2% 32.8%
1974 - - 19.1% 33.7%
1973 - - 21% 38.2%
1972 - - 22.9% 41.1%
1971 - - 19.9% 41.1%
1970 - - 20% 43.3%
1969 - - 18.8% 44.4%
1968 - - 19.4% 42.7%
1967 - - 18.8% 41.1%
1966 - - 18.3% 41.4%
1965 - - 18.2% 42.7%
1964 - - 11.3% 30%
1963 - - 15.9% 43.4%
1962 - - 15.9% 45.7%
1961 - - 15.7% 52.8%
1960 - - 16.7% 52.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

GeoRank.org/economy/central-african-republic/south-africa | CC BY

In 2025, the Central African Republic's government spending was $646M, accounting for 21.1% of its GDP, while South Africa spent $146B, or 34.2% of GDP.

Debt-to-GDP ratio is 61.8% in the Central African Republic and 78.6% in South Africa, ranking 72/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Central African Republic

South Africa
1x
Year Deficit/surplus, % of GDP
CAR South Africa
2025 -5.49% -5.78%
2024 -5.03% -5.67%
2023 -3.42% -5.6%
2022 -5.13% -4.25%
2021 -5.71% -5.54%
2020 -3.23% -9.62%
2019 1.33% -5.07%
2018 -0.93% -3.73%
2017 -1% -4.02%
2016 1.18% -3.72%
2015 -0.53% -4.37%
2014 -3.02% -3.93%
2013 -2.3% -3.9%
2012 -0.78% -4.04%
2011 -2.15% -3.7%
2010 -1.35% -4.51%
2009 -0.54% -4.67%
2008 -1.23% -0.49%
2007 1.04% 1.22%
2006 8.58% 0.81%
2005 -4.37% -0.1%
2004 -1.74% -1.04%
2003 -3.06% -1.59%
2002 -1.19% -0.96%
2001 -0.88% -1.02%
2000 -2.01% -1.38%
1999 -0.5% -2.21%
1998 0.001% -2.56%
1997 -1.57% -4.08%
1996 -1.06% -4.53%
1995 -4.84% -4.38%
1994 -7.57% -8.09%
1993 -5.66% -8.54%
1992 -7.33% -7.09%
1991 -8% -4.85%
1990 -6.6% -3.82%
1989 -3.25% -8.3%
1988 -3.72% -3.29%
1987 - -6.36%
1986 - -5.69%
1985 - -4.86%
1984 - -5.24%
1983 - -5.3%
1982 - -3.88%
1981 - -3.72%
1980 - -1.91%
1979 - -4.65%
1978 - -5.42%
1977 - -5.52%
1976 - -4.19%
1975 - -2.62%
1974 - -1.5%
1973 - -4.54%
1972 - -5.39%
1971 - -1.96%
1970 - -3.19%
1969 - -3.94%
1968 - -3.38%
1967 - -3.8%
1966 - -3.04%
1965 - -3.15%
1964 - -1.19%
1963 - -2.26%
1962 - -1.4%
1961 - -3.25%
1960 - -2.36%
1959 - -4.4%
1958 - -3.5%
1957 - -2.8%
1956 - -2.12%
1955 - -2.9%
1954 - -2.53%
1953 - -3.72%
1952 - -4.14%
1951 - -0.4%
1950 - -2.33%
1949 - -6.87%
1948 - -6.03%
1947 - -1.82%
1946 - -4.03%
1945 - -7.41%
1944 - -8.94%
1943 - -8.49%
1942 - -9.08%
1941 - -7.3%
1940 - -10.9%
1939 - -2.96%
1938 - -3.91%
1937 - -2.16%
1936 - -2.58%
1935 - -3.2%
1934 - -3.29%
1933 - -3.31%
1932 - -4.72%
1931 - -5.31%
1930 - -5.19%
1929 - -4.41%
1928 - -3.29%
1927 - -3.79%
1926 - -4.76%
1925 - -4.92%
1924 - -4.72%
1923 - -5.53%
1922 - -4.51%
1921 - -5.38%
1920 - -5.52%
1919 - -2.6%
1918 - -3.7%
1917 - -3.52%
1916 - -2.57%
1915 - -10.7%
1914 - -11.6%
1913 - -4.15%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/central-african-republic/south-africa | CC BY

In 2025, the Central African Republic's government deficit, the difference between spending and revenue, was $168M, equivalent to 5.49% of GDP. This compares to South Africa's deficit of $24.7B, or 5.78% of GDP.

Over the past 38 years, the Central African Republic recorded a fiscal deficit in 33 of those years, while South Africa ran a deficit in 36 years. On average, the Central African Republic posted an annual deficit equal to 2.45% of GDP, compared to deficit of 3.91% of GDP for South Africa.

Inflation comparison by year

Inflation
Central African Republic

South Africa
1x
Year Consumer prices inflation
CAR South Africa
2025 1% 3.21%
2024 1.5% 4.36%
2023 3% 6.08%
2022 5.6% 7.04%
2021 4.3% 4.62%
2020 0.9% 3.23%
2019 2.8% 4.1%
2018 1.6% 4.51%
2017 4.2% 5.19%
2016 4.9% 6.6%
2015 1.4% 4.52%
2014 17.8% 6.13%
2013 4% 5.78%
2012 5.9% 5.74%
2011 1.2% 5%
2010 1.5% 4.07%
2009 3.6% 7.24%
2008 9.2% 9.91%
2007 0.9% 6.18%
2006 6.9% 3.24%
2005 2.9% 2.06%
2004 -2.2% -0.69%
2003 4.4% 5.68%
2002 2.3% 9.49%
2001 3.8% 5.7%
2000 3.2% 5.34%
1999 -1.4% 5.18%
1998 -1.9% 6.88%
1997 1.6% 8.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/central-african-republic/south-africa | CC BY

Over the past 29 years, the Central African Republic has recorded an average annual inflation rate of 3.27%, compared with 5.34% in South Africa. In 2025, inflation was 1% in the Central African Republic and 3.21% in South Africa.

Top exports between countries

CAR
Export category Export value
Machinery & equipment $1.2M
Precious metals & jewellery $225K
Textiles & consumer goods $11K
Processed food, beverages & tobacco $3K
South Africa
Export category Export value
Machinery & equipment $3.26M
Chemicals & pharma $496K
Textiles & consumer goods $198K
Wood & paper products $171K
Processed food, beverages & tobacco $122K
Raw materials & minerals $110K
Raw agricultural goods $94K
Animal & marine products $6K
Metals $6K
Precious metals & jewellery $1K

Balance of trade

CAR South Africa
Current account balance
-$24.7M
1994
-$1.81B
2025
Current account balance ranking
74/190
1994
135/190
2025
Current account balance, % of GDP
-2.9%
1994
-0.42%
2025
Goods imports
$131M
1994
$104B
2025
Goods exports
$146M
1994
$116B
2025
Service imports
$114M
1994
$21.8B
2025
Service exports
$33.1M
1994
$18.1B
2025
Imports of goods and services, % of GDP
33.6%
2025
29.5%
2025
Exports of goods and services, % of GDP
19.3%
2025
31.4%
2025

Economic freedom indices

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

CAR South Africa
Economic freedom 43.1 58.6
Economic freedom ranking 182/197 110/197
Property rights 5.6 48.8
Government integrity 19.2 46.7
Judicial effectiveness 4 64.6
Tax burden 65.5 65.4
Government spending 90.1 68.4
Fiscal health 59 45.3
Business freedom 26.5 67.9
Labor freedom 48.5 70.8
Monetary freedom 75.6 75.8
Trade freedom 47.6 68.8
Investment freedom 45 40
Financial freedom 30 40

Economic freedom comparison by year

Central African Republic
South Africa
1x
Year Economic freedom index
CAR South Africa
2026 43.1 58.6
2025 42.8 57.3
2024 41.3 55.3
2023 43.8 55.7
2022 45.7 56.2
2021 48.8 59.7
2020 50.7 58.8
2019 49.1 58.3
2018 49.2 63
2017 51.8 62.3
2016 45.2 61.9
2015 45.9 62.6
2014 46.7 62.5
2013 50.4 61.8
2012 50.3 62.7
2011 49.3 62.7
2010 48.4 62.8
2009 48.3 63.8
2008 48.6 63.4
2007 50.6 63.5
2006 54.2 63.7
2005 56.5 62.9
2004 57.5 66.3
2003 60 67.1
2002 59.8 64
2001 - 63.8
2000 - 63.7
1999 - 63.3
1998 - 64.3
1997 - 63.2
1996 - 62.5
1995 - 60.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/central-african-republic/south-africa | CC BY

The Economic Freedom Index for the Central African Republic is 43.1, ranking 182/197, compared to 58.6 for South Africa, ranking 110/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

CAR South Africa
Services, % of GDP
41.4%
2025
63.1%
2025
Industry, % of GDP
21.2%
2025
24.1%
2025
Agriculture, forestry, and fishing, % of GDP
27.6%
2025
2.83%
2025
GNI, Atlas method
$3.1B
2025
$406B
2025
GNI per capita, PPP
$1,390
2025
$15,600
2025
Total reserves including gold
$489M
2024
$76B
2025
Total reserves ranking
158/177
2024
35/177
2025
Net foreign direct investment
$3.6M
1994
-$1.85B
2025
Net inflows of foreign direct investment
$40.4M
2024
$2.33B
2024
Net outflows of foreign direct investment
$0
2024
-$1.26B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
5.74%
2024
Poverty at national poverty lines
68.8%
2021
37.9%
2022
Gross capital formation, % of GDP
9.3%
2025
13.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/central-african-republic/south-africa | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2017, retrieved 2026-07-08)

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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.