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Economy of Costa Rica vs Israel compared: GDP & Debt

Updated on by Georank

Costa Rica has a GDP of $103B compared to $611B for Israel, ranking 74/197 and 27/197 by economy size, respectively.

Costa Rica has $62.2B in government debt (60.4% of GDP), compared to $418B (68.5% of GDP) in Israel.

Costa Rica vs Israel GDP by year

Costa Rica
Israel
1x
Year GDP, current $
Costa Rica Israel
2025 $102,904,921,157 $610,777,842,874
2024 $96,715,644,331 $542,284,494,491
2023 $87,512,637,056 $513,393,395,492
2022 $71,001,226,361 $525,157,951,213
2021 $65,588,938,787 $489,735,019,666
2020 $62,806,591,555 $410,908,899,711
2019 $64,753,504,730 $399,207,771,082
2018 $62,567,765,946 $375,470,422,244
2017 $60,516,044,661 $357,360,816,857
2016 $58,847,019,588 $321,083,954,798
2015 $56,441,920,888 $302,841,190,258
2014 $52,016,408,816 $314,376,760,832
2013 $50,949,668,763 $298,045,324,736
2012 $47,231,655,493 $263,172,104,091
2011 $42,762,613,785 $267,739,352,609
2010 $37,658,616,966 $239,372,857,534
2009 $30,745,714,234 $213,112,649,594
2008 $30,801,745,703 $220,952,472,408
2007 $26,884,700,688 $184,448,882,452
2006 $22,715,540,342 $158,706,516,002
2005 $20,040,642,421 $147,346,035,831
2004 $18,610,594,844 $139,925,423,025
2003 $17,271,760,397 $131,278,887,815
2002 $16,578,820,799 $125,215,963,105
2001 $15,976,174,476 $134,889,159,474
2000 $15,013,629,579 $136,409,902,632
1999 $14,254,866,284 $121,329,240,042
1998 $13,684,255,998 $120,468,659,246
1997 $12,614,602,322 $119,389,303,067
1996 $11,678,424,727 $115,051,957,577
1995 $11,578,594,333 $105,432,315,611
1994 $10,489,903,834 $90,684,108,118
1993 $9,564,816,063 $79,806,598,120
1992 $8,579,754,953 $79,408,652,426
1991 $7,215,725,635 $70,954,941,681
1990 $5,711,687,787 $61,978,459,022
1989 $5,251,025,767 $52,411,116,588
1988 $4,614,629,898 $52,618,458,014
1987 $4,532,952,047 $43,022,977,765
1986 $4,418,983,871 $35,812,041,620
1985 $3,919,203,960 $28,887,898,639
1984 $3,660,477,856 $30,626,695,891
1983 $3,146,772,631 $32,655,591,256
1982 $2,606,623,555 $29,237,231,967
1981 $2,623,803,096 $26,865,420,933
1980 $4,831,447,001 $25,379,585,067
1979 $4,035,519,323 $22,595,788,591
1978 $3,523,208,810 $17,690,363,444
1977 $3,072,427,013 $18,245,847,441
1976 $2,412,555,426 $15,946,502,888
1975 $1,960,863,466 $16,131,806,290
1974 $1,666,544,754 $17,162,009,924
1973 $1,528,925,846 $11,895,229,181
1972 $1,238,251,696 $9,216,866,299
1971 $1,077,147,538 $7,048,191,876
1970 $984,830,158 $7,402,142,195
1969 $853,630,204 $6,293,966,357
1968 $773,841,494 $5,455,059,532
1967 $699,456,619 $4,759,447,914
1966 $647,305,630 $4,700,397,692
1965 $592,981,162 $4,326,412,951
1964 $542,578,367 $4,021,861,430
1963 $511,902,137 $3,533,767,055
1962 $479,180,824 $2,964,323,618
1961 $490,325,182 $3,706,297,903
1960 $507,513,830 $3,068,690,949

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

GeoRank.org/economy/costa-rica/israel | CC BY

GDP per capita in Costa Rica vs Israel by year

Costa Rica
GDP per capita

GDP per capita, PPP
Israel
GDP per capita

GDP per capita, PPP
1x
Year Current $
Costa Rica Israel
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $19,970 - $60,337 -
2024 $18,853 $31,107 $54,217 $57,236
2023 $17,141 $28,909 $52,126 $55,171
2022 $13,972 $26,226 $54,947 $53,619
2021 $12,962 $23,853 $52,258 $46,162
2020 $12,476 $22,100 $44,591 $40,955
2019 $12,952 $23,340 $44,092 $41,325
2018 $12,620 $21,498 $42,269 $40,190
2017 $12,317 $20,499 $41,013 $39,471
2016 $12,091 $19,202 $37,571 $38,189
2015 $11,715 $17,525 $36,138 $35,871
2014 $10,911 $16,394 $38,265 $34,816
2013 $10,803 $15,232 $36,981 $34,827
2012 $10,127 $14,464 $33,269 $32,484
2011 $9,276 $13,614 $34,477 $31,314
2010 $8,266 $12,928 $31,399 $29,456
2009 $6,833 $12,274 $28,470 $28,087
2008 $6,937 $12,472 $30,231 $28,084
2007 $6,138 $11,842 $25,689 $28,307
2006 $5,257 $10,800 $22,500 $26,385
2005 $4,703 $9,899 $21,262 $25,701
2004 $4,431 $9,365 $20,550 $26,078
2003 $4,173 $8,863 $19,624 $24,702
2002 $4,068 $8,461 $19,059 $26,101
2001 $3,985 $8,190 $20,949 $25,806
2000 $3,813 $7,879 $21,690 $25,766
1999 $3,691 $7,563 $19,809 $23,415
1998 $3,617 $7,306 $20,176 $22,927
1997 $3,408 $6,890 $20,457 $22,279
1996 $3,227 $6,568 $20,213 $21,672
1995 $3,275 $6,515 $19,014 $20,642
1994 $3,040 $6,276 $16,796 $19,478
1993 $2,840 $6,025 $15,169 $18,218
1992 $2,612 $5,635 $15,500 $17,553
1991 $2,253 $5,175 $14,337 $16,486
1990 $1,830 $5,021 $13,300 $15,721
1989 $1,725 - $11,601 -
1988 $1,555 - $11,846 -
1987 $1,567 - $9,847 -
1986 $1,569 - $8,330 -
1985 $1,429 - $6,824 -
1984 $1,372 - $7,364 -
1983 $1,213 - $7,955 -
1982 $1,032 - $7,253 -
1981 $1,068 - $6,791 -
1980 $2,021 - $6,545 -
1979 $1,735 - $5,968 -
1978 $1,556 - $4,794 -
1977 $1,393 - $5,050 -
1976 $1,123 - $4,514 -
1975 $937 - $4,669 -
1974 $817 - $5,082 -
1973 $769 - $3,629 -
1972 $639 - $2,928 -
1971 $570 - $2,297 -
1970 $536 - $2,489 -
1969 $477 - $2,188 -
1968 $445 - $1,946 -
1967 $414 - $1,734 -
1966 $395 - $1,788 -
1965 $374 - $1,688 -
1964 $354 - $1,625 -
1963 $346 - $1,485 -
1962 $335 - $1,293 -
1961 $356 - $1,696 -
1960 $382 - $1,452 -

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

GeoRank.org/economy/costa-rica/israel | CC BY

Costa Rica's GDP per capita is $19,970, ranking 59/197, compared to $60,337 in Israel, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), Costa Rica ranks 72nd at $31,107, while Israel ranks 36th at $57,236.

Economic indicators

Costa Rica Israel
Gross domestic product
$103B
2025
$611B
2025
GDP rank
74/197
2025
27/197
2025
GDP growth
4.56%
2024-2025
2.93%
2024-2025
GDP per capita
$19,970
2025
$60,337
2025
GDP per capita rank
59/197
2025
19/197
2025
GDP per capita, PPP
$31,107
2024
$57,236
2024
GDP per capita PPP rank
72/197
2024
36/197
2024
Government debt
$62.2B
2025
$418B
2025
Debt-to-GDP ratio
60.4%
2025
68.5%
2025
Government debt per person
$12,064
2025
$41,338
2025
Government debt per person rank
51/185
2025
16/185
2025
Average annual personal income after taxes
$12,879
2026
$48,251
2026
Market capitalization of domestic companies
$2.23B
2022
$331B
2024
Number of millionaires n/a
195,000
2026
Number of billionaires n/a
42
2026
Income share by richest 10%
34.3%
2025
27%
2022
Income share by poorest 10%
1.8%
2025
1.8%
2022
Government expenditure, % of GDP
17.8%
2025
43.6%
2025
Consumer prices inflation
-0.07%
2024-2025
3.04%
2024-2025
Central bank interest rate
3.5%
2025
3.75%
2026
Unemployment rate
6.34%
2025
3%
2025
Population
5186356
10334048

Spending and national debt comparison by year

Costa Rica
Spending

Debt
Israel
Spending

Debt
1x
Year % of GDP
Costa Rica Israel
Government spending Government debt Government spending Government debt
2025 17.8% 60.4% 43.6% 68.5%
2024 18.6% 58.9% 43.7% 67.7%
2023 18.3% 60.4% 39.6% 61.3%
2022 18.7% 61.4% 36.9% 60.3%
2021 20.6% 67% 40.1% 67.7%
2020 22.1% 66.5% 44.8% 71.1%
2019 21.6% 56.1% 38.7% 59.3%
2018 18.9% 51.7% 39.2% 60.1%
2017 19.2% 47.1% 38.4% 59.8%
2016 18.8% 44.1% 37.9% 61.7%
2015 18.8% 39.8% 37.6% 62.8%
2014 18.4% 37.4% 38.3% 65.8%
2013 18.5% 35.1% 39.7% 66%
2012 17.3% 33.7% 39.6% 66.9%
2011 17.2% 29.5% 39.3% 67.2%
2010 18% 28.1% 39.7% 69%
2009 16.7% 26% 41.4% 72.6%
2008 15.2% 24% 41.2% 70.2%
2007 14.6% 27% 40.2% 70.8%
2006 15.2% 33% 41.6% 77.7%
2005 15.9% 37.3% 42.3% 85.2%
2004 17% 41% 43% 88.3%
2003 17.6% 40.6% 45.4% 89.7%
2002 18.6% 41.4% 50% 87.2%
2001 17.3% 39.6% 46.1% 81.1%
2000 16.9% 38.9% 43.4% 77.2%
1999 16.7% 39% 53.6% 94.8%
1998 16% 40.7% 55% 101%
1997 16.3% 30.6% 52.6% 99.3%
1996 17.3% 33.7% 53.2% 100.3%
1995 16.4% 29.1% 52.8% 102.3%
1994 17.4% 27% 41.7% 110.2%
1993 13.8% 24.4% 42.2% 118.3%
1992 13.7% 23.3% 44.1% 119.6%
1991 14% 28.4% 34.4% 123.7%
1990 18.9% 18.5% 46.8% 138.3%
1989 26.1% 19.3% 47.5% 147.4%
1988 24.5% 18.2% 46.5% 145.4%
1987 27.2% 21.2% 52.8% 143.2%
1986 26.4% 26.1% 55.7% 162.5%
1985 21.8% 22.8% 65.2% 199%
1984 22.8% 25.2% - 284%
1983 23.6% 29.8% - 260.5%
1982 18.4% 31.8% 69.7% -
1981 21% 32.3% 71.8% -
1980 25% 37.7% 69.4% 154.3%
1979 24.9% 39.5% 70.1% 155.5%
1978 23.2% 41.7% 62.2% 133.6%
1977 19.3% 27.8% 69.1% 142%
1976 20.1% 29.5% 66.3% 97.4%
1975 19.1% 26.1% 62% 85.1%
1974 18.3% 30.3% - 79.8%
1973 18.4% 32.8% - 62.1%
1972 17.2% 31.8% - 63.9%
1971 17.5% 30.4% - -
1970 14.9% 28.6% 41.6% -
1969 14.5% 26.1% 41.1% -
1968 13.8% 27.7% 39.4% -
1967 14.7% 26.7% 33.9% -
1966 14.3% 24.8% 29.6% -
1965 13.8% 24.1% 27.8% -
1964 13.5% 22.7% 28.2% -
1963 13.3% 21.8% 26.9% -
1962 14% 19.7% 27.7% -
1961 13.2% 20.3% 30.3% -
1960 12.5% 16.1% 30.4% -

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

GeoRank.org/economy/costa-rica/israel | CC BY

In 2025, Costa Rica's government spending was $18.3B, accounting for 17.8% of its GDP, while Israel spent $266B, or 43.6% of GDP.

Debt-to-GDP ratio is 60.4% in Costa Rica and 68.5% in Israel, ranking 77/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Costa Rica

Israel
1x
Year Deficit/surplus, % of GDP
Costa Rica Israel
2025 -3.35% -5.22%
2024 -3.73% -8.07%
2023 -3.21% -5.38%
2022 -2.74% 0.3%
2021 -5.04% -3.37%
2020 -8.32% -10.6%
2019 -6.65% -3.79%
2018 -5.65% -3.58%
2017 -5.88% -1.17%
2016 -5.09% -1.78%
2015 -5.52% -1.2%
2014 -5.45% -2.28%
2013 -5.25% -4.07%
2012 -4.22% -4.46%
2011 -3.91% -3.43%
2010 -4.96% -3.72%
2009 -3.25% -6.53%
2008 0.18% -3.49%
2007 0.56% -0.43%
2006 -1.04% -0.94%
2005 -2.09% -2.74%
2004 -3.42% -3.4%
2003 -3.43% -5.03%
2002 -4.99% -8.21%
2001 -3.47% -4.06%
2000 -3.68% -0.8%
1999 -2.88% -6.26%
1998 -2.96% -7.99%
1997 -3.39% -4.84%
1996 -4.32% -5.97%
1995 -3.68% -4.28%
1994 -5.46% -5.62%
1993 -1.52% -5.62%
1992 -1.51% -8%
1991 -2.41% -7.04%
1990 -4.4% -9.67%
1989 -1.55% -9.03%
1988 0.57% -7.57%
1987 -2.57% -7.47%
1986 -4.26% -7.51%
1985 -1.06% -14.2%
1984 -0.5% -
1983 -1.84% -
1982 -0.94% -13.8%
1981 -3.14% -23.5%
1980 -7.24% -19.6%
1979 -6.6% -16.7%
1978 -4.12% -14.7%
1977 -2.63% -20.3%
1976 -2.42% -19.4%
1975 -1.13% -19.6%
1974 0.26% -
1973 -2.41% -
1972 -4.54% -
1971 -4.72% -
1970 -1.41% -16%
1969 -1.61% -15.3%
1968 -1.72% -11.7%
1967 -3.03% -7.68%
1966 -2.12% -4.35%
1965 -1.71% -2.72%
1964 -1.51% -3.65%
1963 -2.01% -4.41%
1962 -1.99% -4.09%
1961 -0.71% -5.86%
1960 -0.19% -6.62%
1959 0.49% -7.23%
1958 0% -8.31%
1957 0.3% -7.17%
1956 0.05% -9.3%
1955 - -4.3%
1954 - -7.84%
1953 - -8.32%
1952 - -7.19%
1951 - -8.13%
1950 - -10.7%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/costa-rica/israel | CC BY

In 2025, Costa Rica's government deficit, the difference between spending and revenue, was $3.45B, equivalent to 3.35% of GDP. This compares to Israel's deficit of $31.9B, or 5.22% of GDP.

Over the past 66 years, Costa Rica recorded a fiscal deficit in 62 of those years, while Israel ran a deficit in 59 years. On average, Costa Rica posted an annual deficit equal to 3.11% of GDP, compared to deficit of 7.31% of GDP for Israel.

Inflation comparison by year

Inflation
Costa Rica

Israel
1x
Year Consumer prices inflation
Costa Rica Israel
2025 -0.07% 3.04%
2024 -0.41% 3.07%
2023 0.53% 4.23%
2022 8.27% 4.41%
2021 1.73% 1.48%
2020 0.72% -0.58%
2019 2.1% 0.82%
2018 2.22% 0.81%
2017 1.63% 0.25%
2016 -0.02% -0.54%
2015 0.8% -0.62%
2014 4.52% 0.47%
2013 5.23% 1.59%
2012 4.5% 1.68%
2011 4.88% 3.49%
2010 5.66% 2.7%
2009 7.84% 3.37%
2008 13.4% 4.53%
2007 9.36% 0.47%
2006 11.5% 2.05%
2005 13.8% 1.34%
2004 12.3% -0.42%
2003 9.45% 0.71%
2002 9.17% 5.8%
2001 11.3% 1.12%
2000 11% 1.03%
1999 10% 5.19%
1998 11.7% 5.49%
1997 13.2% 8.95%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/costa-rica/israel | CC BY

Over the past 29 years, Costa Rica has recorded an average annual inflation rate of 6.42%, compared with 2.27% in Israel. In 2025, inflation was -0.07% in Costa Rica and 3.04% in Israel.

Top exports between countries

Costa Rica
Export category Export value
Raw agricultural goods $23.2M
Metals $1.3M
Processed food, beverages & tobacco $772K
Machinery & equipment $622K
Chemicals & pharma $15K
Wood & paper products $2K
Textiles & consumer goods $1K
Israel
Export category Export value
Machinery & equipment $19.5M
Chemicals & pharma $8.65M
Raw agricultural goods $3.48M
Raw materials & minerals $2.29M
Metals $778K
Textiles & consumer goods $586K
Processed food, beverages & tobacco $99K
Wood & paper products $36K
Miscellaneous $31K
Precious metals & jewellery $16K

Balance of trade

Costa Rica Israel
Current account balance
-$687M
2025
$8.53B
2025
Current account balance ranking
108/190
2025
26/190
2025
Current account balance, % of GDP
-0.67%
2025
+1.4%
2025
Goods imports
$24.4B
2025
$102B
2025
Goods exports
$23.5B
2025
$76.2B
2025
Service imports
$8.64B
2025
$53.2B
2025
Service exports
$18.1B
2025
$92.4B
2025
Imports of goods and services, % of GDP
32.6%
2025
25.4%
2025
Exports of goods and services, % of GDP
38.8%
2025
27.6%
2025

Economic freedom indices

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

Costa Rica Israel
Economic freedom 69.1 68.4
Economic freedom ranking 43/197 47/197
Property rights 66 73.1
Government integrity 64.1 66.2
Judicial effectiveness 76.9 68.1
Tax burden 78.6 60.2
Government spending 89.3 52
Fiscal health 75.6 60.8
Business freedom 79.9 72.4
Labor freedom 55.9 56.8
Monetary freedom 78.2 78.2
Trade freedom 75 82.8
Investment freedom 50 70
Financial freedom 40 80

Economic freedom comparison by year

Costa Rica
Israel
1x
Year Economic freedom index
Costa Rica Israel
2026 69.1 68.4
2025 68.6 69.9
2024 67.7 70.1
2023 66.5 68.9
2022 65.4 68
2021 64.2 73.8
2020 65.8 74
2019 65.3 72.8
2018 65.6 72.2
2017 65 69.7
2016 67.4 70.7
2015 67.2 70.5
2014 66.9 68.4
2013 67 66.9
2012 68 67.8
2011 67.3 68.5
2010 65.9 67.7
2009 66.4 67.6
2008 64.2 66.3
2007 64 64.8
2006 65.9 64.4
2005 66.1 62.6
2004 66.4 61.4
2003 67 62.7
2002 67.5 66.9
2001 67.6 66.1
2000 68.4 65.5
1999 67.4 68.3
1998 65.6 68
1997 65.6 62.7
1996 66.4 62
1995 68 61.5

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

GeoRank.org/economy/costa-rica/israel | CC BY

The Economic Freedom Index for Costa Rica is 69.1, ranking 43/197, compared to 68.4 for Israel, ranking 47/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Costa Rica Israel
Services, % of GDP
69.2%
2025
72.8%
2024
Industry, % of GDP
19.9%
2025
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
3.37%
2025
1.29%
2024
GNI, Atlas method
$92.4B
2025
$569B
2025
GNI per capita, PPP
$30,760
2025
$58,870
2025
Total reserves including gold
$17.1B
2025
$229B
2025
Total reserves ranking
70/177
2025
18/177
2025
Net foreign direct investment
-$5.12B
2025
-$11.8B
2025
Net inflows of foreign direct investment
$5.4B
2024
$14.8B
2024
Net outflows of foreign direct investment
$337M
2024
$9.92B
2024
Servicing debt to the IMF, % of GNI
6.31%
2023
n/a
Poverty at national poverty lines
17.1%
2025
22%
2020
Gross capital formation, % of GDP
15.8%
2025
24.3%
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/costa-rica/israel | 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 (1950–1999, 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 (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) (2020, 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.