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Economy of Czech Republic vs Japan compared: GDP & Debt

Updated on by Georank

The Czech Republic has a GDP of $391B compared to $4.44T for Japan, ranking 42/197 and 4/197 by economy size, respectively.

The Czech Republic has $174B in government debt (44.6% of GDP), compared to $9.16T (206.5% of GDP) in Japan.

Czech Republic vs Japan GDP by year

Czech Republic
Japan
1x
Year GDP, current $
Czech Republic Japan
2025 $391,026,962,800 $4,435,162,999,977
2024 $347,082,562,221 $4,190,008,188,359
2023 $345,059,295,660 $4,384,854,269,962
2022 $301,831,228,326 $4,447,976,207,315
2021 $290,972,714,482 $5,225,933,520,753
2020 $251,109,660,603 $5,189,197,543,645
2019 $256,794,209,029 $5,245,755,000,479
2018 $251,992,360,762 $5,154,293,721,630
2017 $221,563,575,696 $5,038,231,631,661
2016 $198,160,659,304 $5,110,357,383,254
2015 $189,107,698,562 $4,534,438,580,495
2014 $210,911,285,078 $4,985,763,289,561
2013 $213,024,360,541 $5,272,297,037,397
2012 $210,363,223,088 $6,333,803,928,788
2011 $231,429,378,717 $6,279,422,550,219
2010 $211,168,667,286 $5,811,578,109,447
2009 $206,971,882,705 $5,336,765,697,589
2008 $236,506,264,754 $5,160,197,175,876
2007 $190,040,702,287 $4,624,670,179,655
2006 $156,236,258,387 $4,648,058,930,707
2005 $137,264,185,596 $4,875,648,486,366
2004 $120,147,899,984 $4,941,485,123,807
2003 $100,435,924,705 $4,573,413,206,709
2002 $82,607,869,610 $4,245,946,980,572
2001 $68,135,304,464 $4,438,792,748,062
2000 $62,175,642,238 $5,042,381,838,343
1999 $65,586,562,605 $4,688,983,449,627
1998 $67,187,217,328 $4,150,359,076,370
1997 $62,539,765,163 $4,579,780,793,432
1996 $67,804,105,330 $5,021,441,618,840
1995 $60,572,381,311 $5,639,649,753,986
1994 $48,188,478,339 $5,104,063,486,348
1993 $41,155,654,032 $4,632,480,515,091
1992 $35,051,065,440 $4,064,529,567,505
1991 $30,071,014,282 $3,724,887,648,862
1990 $41,016,881,802 $3,252,994,239,867
1989 - $3,174,934,735,896
1988 - $3,191,546,727,316
1987 - $2,635,094,473,494
1986 - $2,164,729,071,349
1985 - $1,457,070,301,468
1984 - $1,374,165,212,365
1983 - $1,297,622,008,229
1982 - $1,183,132,285,328
1981 - $1,271,443,597,067
1980 - $1,153,159,955,513
1979 - $1,100,608,979,757
1978 - $1,057,419,758,047
1977 - $752,590,681,822
1976 - $611,495,350,304
1975 - $544,082,569,364
1974 - $500,355,087,138
1973 - $450,756,970,744
1972 - $331,776,379,992
1971 - $250,530,994,765
1970 - $221,798,003,144
1969 - $188,179,852,753
1968 - $160,201,483,788
1967 - $135,265,319,098
1966 - $115,427,351,851
1965 - $99,387,878,008
1964 - $89,332,989,729
1963 - $75,945,582,324
1962 - $66,356,388,224
1961 - $58,472,696,006
1960 - $48,417,804,545

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

GeoRank.org/economy/czech-republic/japan | CC BY

GDP per capita in Czech Republic vs Japan by year

Czech Republic
GDP per capita

GDP per capita, PPP
Japan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Japan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,917 - $35,951 -
2024 $31,828 $57,285 $33,797 $52,039
2023 $31,762 $55,761 $35,215 $50,662
2022 $28,282 $52,947 $35,548 $47,192
2021 $27,696 $47,796 $41,581 $44,355
2020 $23,473 $44,839 $41,099 $42,426
2019 $24,063 $45,614 $41,425 $42,678
2018 $23,706 $41,638 $40,645 $42,142
2017 $20,913 $39,346 $39,680 $41,444
2016 $18,754 $36,445 $40,215 $40,597
2015 $17,932 $34,093 $35,665 $40,899
2014 $20,038 $32,743 $39,173 $39,555
2013 $20,260 $31,013 $41,369 $39,402
2012 $20,014 $29,466 $49,627 $37,606
2011 $22,049 $29,237 $49,122 $36,214
2010 $20,160 $28,154 $45,378 $35,336
2009 $19,817 $27,713 $41,678 $33,543
2008 $22,775 $27,938 $40,294 $35,274
2007 $18,453 $26,268 $36,130 $35,015
2006 $15,259 $23,914 $36,354 $33,632
2005 $13,442 $22,115 $38,159 $32,170
2004 $11,783 $20,988 $38,678 $30,832
2003 $9,852 $19,604 $35,809 $29,392
2002 $8,101 $18,344 $33,316 $28,624
2001 $6,669 $17,709 $34,910 $27,943
2000 $6,063 $16,332 $39,753 $27,288
1999 $6,378 $15,494 $37,029 $25,736
1998 $6,527 $15,064 $32,835 $25,508
1997 $6,069 $14,911 $36,331 $25,619
1996 $6,573 $14,781 $39,930 $24,999
1995 $5,865 $13,957 $44,947 $23,858
1994 $4,663 $12,862 $40,774 $22,823
1993 $3,984 $12,242 $37,111 $22,168
1992 $3,397 $11,963 $32,667 $21,825
1991 $2,917 $11,768 $30,048 $21,227
1990 $3,969 $12,848 $26,345 $19,912
1989 - - $25,798 -
1988 - - $26,037 -
1987 - - $21,587 -
1986 - - $17,819 -
1985 - - $12,058 -
1984 - - $11,443 -
1983 - - $10,876 -
1982 - - $9,986 -
1981 - - $10,806 -
1980 - - $9,872 -
1979 - - $9,497 -
1978 - - $9,202 -
1977 - - $6,609 -
1976 - - $5,422 -
1975 - - $4,876 -
1974 - - $4,542 -
1973 - - $4,147 -
1972 - - $3,095 -
1971 - - $2,370 -
1970 - - $2,145 -
1969 - - $1,841 -
1968 - - $1,586 -
1967 - - $1,354 -
1966 - - $1,168 -
1965 - - $1,015 -
1964 - - $922 -
1963 - - $792 -
1962 - - $699 -
1961 - - $622 -
1960 - - $519 -

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

GeoRank.org/economy/czech-republic/japan | CC BY

The Czech Republic's GDP per capita is $35,917, ranking 35/197, compared to $35,951 in Japan, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Japan ranks 41st at $52,039.

Economic indicators

Czech Republic Japan
Gross domestic product
$391B
2025
$4.44T
2025
GDP rank
42/197
2025
4/197
2025
GDP growth
2.58%
2024-2025
1.19%
2024-2025
GDP per capita
$35,917
2025
$35,951
2025
GDP per capita rank
35/197
2025
34/197
2025
GDP per capita, PPP
$57,285
2024
$52,039
2024
GDP per capita PPP rank
35/197
2024
41/197
2024
Government debt
$174B
2025
$9.16T
2025
Debt-to-GDP ratio
44.6%
2025
206.5%
2025
Government debt per person
$16,026
2025
$74,248
2025
Government debt per person rank
42/185
2025
3/185
2025
Average annual personal income after taxes
$22,312
2026
$22,962
2026
Market capitalization of domestic companies
$55.4B
2025
$7.61T
2025
Number of millionaires n/a
2,902,000
2026
Number of billionaires
11
2026
41
2026
Income share by richest 10%
21.5%
2023
24.3%
2020
Income share by poorest 10%
3.8%
2023
2.3%
2020
Government expenditure, % of GDP
43.5%
2025
36.9%
2025
Consumer prices inflation
2.46%
2024-2025
3.17%
2024-2025
Central bank interest rate
3.5%
2025
0.75%
2025
Unemployment rate
2.8%
2025
2.5%
2025
Population
10742283
122704252

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Japan
Spending

Debt
1x
Year % of GDP
Czech Republic Japan
Government spending Government debt Government spending Government debt
2025 43.5% 44.6% 36.9% 206.5%
2024 42.9% 43.3% 37.3% 214.5%
2023 43.7% 42.2% 37.8% 220.3%
2022 43% 42.5% 40.2% 227.8%
2021 45% 40.7% 41.3% 222.7%
2020 46.3% 36.9% 43.6% 228.8%
2019 40.4% 29.6% 36.4% 206.3%
2018 40.1% 31.7% 36% 203.7%
2017 38.5% 33.8% 35.9% 203.1%
2016 39.4% 36.2% 36.5% 202.1%
2015 41.7% 39.5% 36.6% 200.1%
2014 42.3% 41.5% 37.8% 203.6%
2013 42.4% 44.1% 38.4% 201.2%
2012 44.4% 43.8% 38.4% 197.1%
2011 42.8% 39.4% 38.4% 190.6%
2010 43.2% 36.7% 37.4% 178.6%
2009 44.5% 33.4% 38.3% 172.9%
2008 40.9% 28.2% 33.7% 153.6%
2007 40.5% 27.3% 32.8% 150.4%
2006 41.5% 27.6% 32.7% 152.1%
2005 42.3% 27.7% 33.2% 153.4%
2004 42.2% 28.3% 33.3% 148.8%
2003 49% 28.1% 34.6% 140.2%
2002 44.4% 25.7% 34.9% 134.6%
2001 43.1% 22.6% 34.7% 126.8%
2000 40.6% 16.9% 35.4% 118.5%
1999 40.9% 15.1% 35.2% 113.5%
1998 41.6% 13.9% 38.1% 101.6%
1997 41.3% 12.1% 32.4% 91.3%
1996 41.4% 11.5% 33.1% 85.3%
1995 52.8% 13.5% 32.8% 80.7%
1994 - - 32.1% 73.3%
1993 - - 31.4% 63.2%
1992 - - 29.6% 57.9%
1991 - - 28.6% 54.1%
1990 - - 28.8% 54.8%
1989 - - 29.2% 65.7%
1988 - - 29.9% 71.9%
1987 - - 30.6% 75.8%
1986 - - 30.4% 74.1%
1985 - - 30.4% 68.3%
1984 - - 31.2% 65.6%
1983 - - 31.8% 63.5%
1982 - - 31.7% 57.7%
1981 - - 31.5% 52.8%
1980 - - 33.5% 47.8%
1979 - - 33.2% 43.8%
1978 - - 32.1% 39%
1977 - - 30.4% 31.1%
1976 - - 29.1% 26.1%
1975 - - 28.5% 20.9%
1974 - - 25.5% 16.7%
1973 - - 23.3% 15.9%
1972 - - 23.1% 16.3%
1971 - - 21.8% 12.6%
1970 - - 20.2% 11.2%
1969 - - 19.8% 11.4%
1968 - - 20.1% 11.8%
1967 - - 19.9% 11.4%
1966 - - 20.8% 11.2%
1965 - - 20.4% 9.78%
1964 - - 19.8% 8.53%
1963 - - 20% 8.66%
1962 - - 19.4% 9.01%
1961 - - 18.2% 8.44%
1960 - - 18.4% 10.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/japan | CC BY

In 2025, the Czech Republic's government spending was $170B, accounting for 43.5% of its GDP, while Japan spent $1.63T, or 36.9% of GDP.

Debt-to-GDP ratio is 44.6% in the Czech Republic and 206.5% in Japan, ranking 119/185 and 3/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Japan
1x
Year Deficit/surplus, % of GDP
Czech Republic Japan
2025 -2.03% -1.05%
2024 -2.03% -1.67%
2023 -3.73% -2.39%
2022 -3.07% -4.23%
2021 -4.95% -6.32%
2020 -5.65% -9.04%
2019 0.28% -3.05%
2018 0.88% -2.44%
2017 1.46% -3.05%
2016 0.68% -3.58%
2015 -0.67% -3.64%
2014 -2.09% -5.58%
2013 -1.3% -7.62%
2012 -3.92% -8.22%
2011 -2.71% -9.02%
2010 -4.14% -9.05%
2009 -5.46% -9.62%
2008 -2% -4.07%
2007 -0.68% -2.86%
2006 -2.19% -3%
2005 -3.06% -4.39%
2004 -2.4% -5.26%
2003 -6.87% -7.35%
2002 -6.34% -7.22%
2001 -5.76% -6.11%
2000 -3.55% -7.17%
1999 -3.08% -6.68%
1998 -4.14% -9.91%
1997 -3.14% -3.44%
1996 -2.98% -4.75%
1995 -12.3% -4.22%
1994 - -3.7%
1993 - -2.34%
1992 - 0.56%
1991 - 1.64%
1990 - 1.91%
1989 - 1.23%
1988 - 0.49%
1987 - -0.36%
1986 - -1.36%
1985 - -1.37%
1984 - -2.62%
1983 - -3.95%
1982 - -3.81%
1981 - -3.85%
1980 - -4.66%
1979 - -5%
1978 - -5.79%
1977 - -4.02%
1976 - -3.89%
1975 - -2.92%
1974 - 0.38%
1973 - 0.56%
1972 - -0.13%
1971 - 1.21%
1970 - 1.74%
1969 - 1.26%
1968 - 0.88%
1967 - 0.8%
1966 - -0.34%
1965 - 0.48%
1964 - 0.85%
1963 - 1.08%
1962 - 1.49%
1961 - 2.58%
1960 - 1.85%
1959 - 0.97%
1958 - -0.1%
1957 - 1.27%
1956 - 1.39%
1955 - -0.67%
1954 - 0.7%
1953 - 1.65%
1952 - 2.22%
1951 - 5.06%
1950 - 6.99%
1949 - 12.5%
1948 - 7.53%
1947 - 6.09%
1946 - -
1945 - -
1944 - -
1943 - 0.32%
1942 - -0.13%
1941 - -0.19%
1940 - 0.31%
1939 - 0.11%
1938 - 0.45%
1937 - 0.71%
1936 - 0.34%
1935 - 0.26%
1934 - 0.34%
1933 - 0.28%
1932 - 0.31%
1931 - 0.23%
1930 - 0.19%
1929 - 0.5%
1928 - 0.42%
1927 - 0.58%
1926 - 0.65%
1925 - 0.75%
1924 - 0.84%
1923 - 0.87%
1922 - 0.89%
1921 - 1.43%
1920 - 1.19%
1919 - 1.21%
1918 - 1.58%
1917 - 1.54%
1916 - 1.37%
1915 - 1.41%
1914 - 1.31%
1913 - 1.21%
1912 - 1.27%
1911 - 1.21%
1910 - 1.57%
1909 - 1.51%
1908 - 1.63%
1907 - 1.77%
1906 - 0.46%
1905 - -0.68%
1904 - -0.81%
1903 - 0.19%
1902 - 0.44%
1901 - 0.21%
1900 - 0.53%
1899 - 0.2%
1898 - 0.6%
1897 - 0.33%
1896 - 0.88%
1895 - 0.28%
1894 - -0.24%
1893 - 0.6%
1892 - 0.63%
1891 - 0.61%
1890 - 0.74%
1889 - 0.18%
1888 - 0.13%
1887 - 0.11%
1886 - 0.03%
1885 - 0.01%
1884 - 0.001%
1883 - 0.03%
1882 - 0.001%
1881 - 0.001%
1880 - 0.004%
1879 - 0.02%
1878 - 0.02%
1877 - -0.29%
1876 - -0.42%
1875 - 0.005%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1875–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/japan | CC BY

In 2025, the Czech Republic's government deficit, the difference between spending and revenue, was $7.92B, equivalent to 2.03% of GDP. This compares to Japan's deficit of $46.7B, or 1.05% of GDP.

Over the past 31 years, the Czech Republic recorded a fiscal deficit in 27 of those years, while Japan ran a deficit in 31 years. On average, the Czech Republic posted an annual deficit equal to 3.13% of GDP, compared to deficit of 5.35% of GDP for Japan.

Inflation comparison by year

Inflation
Czech Republic

Japan
1x
Year Consumer prices inflation
Czech Republic Japan
2025 2.46% 3.17%
2024 2.44% 2.74%
2023 10.7% 3.27%
2022 15.1% 2.5%
2021 3.84% -0.23%
2020 3.16% -0.02%
2019 2.85% 0.47%
2018 2.15% 0.99%
2017 2.45% 0.48%
2016 0.68% -0.13%
2015 0.31% 0.8%
2014 0.34% 2.76%
2013 1.44% 0.34%
2012 3.29% -0.04%
2011 1.92% -0.27%
2010 1.47% -0.73%
2009 1.02% -1.35%
2008 6.36% 1.38%
2007 2.85% 0.06%
2006 2.53% 0.25%
2005 1.86% -0.28%
2004 2.76% -0.009%
2003 0.12% -0.26%
2002 1.9% -0.92%
2001 4.66% -0.74%
2000 3.78% -0.68%
1999 2.14% -0.34%
1998 10.7% 0.66%
1997 8.6% 1.75%

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

GeoRank.org/economy/czech-republic/japan | CC BY

Over the past 29 years, the Czech Republic has recorded an average annual inflation rate of 3.58%, compared with 0.54% in Japan. In 2025, inflation was 2.46% in the Czech Republic and 3.17% in Japan.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $606M
Precious metals & jewellery $285M
Transport & tourism services $90.8M
Textiles & consumer goods $74.2M
Chemicals & pharma $51.4M
Processed food, beverages & tobacco $48M
Raw agricultural goods $39.7M
IT & IP services $28.7M
Weapons & explosives $22.5M
Raw materials & minerals $22M
Japan
Export category Export value
Machinery & equipment $1.7B
Miscellaneous $232M
Chemicals & pharma $199M
Metals $109M
Textiles & consumer goods $45.9M
Raw materials & minerals $30.9M
Precious metals & jewellery $27.9M
Raw agricultural goods $4.98M
Processed food, beverages & tobacco $1.63M
Wood & paper products $745K

Balance of trade

Czech Republic Japan
Current account balance
$2.44B
2025
$216B
2025
Current account balance ranking
41/190
2025
3/190
2025
Current account balance, % of GDP
+0.62%
2025
+4.86%
2025
Goods imports
$197B
2025
$729B
2025
Goods exports
$215B
2025
$725B
2025
Service imports
$42.9B
2025
$269B
2025
Service exports
$47.5B
2025
$246B
2025
Imports of goods and services, % of GDP
61.1%
2025
22.9%
2024
Exports of goods and services, % of GDP
66.9%
2025
22%
2024

Economic freedom indices

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

Czech Republic Japan
Economic freedom 73.2 70.3
Economic freedom ranking 25/197 36/197
Property rights 89.8 94.2
Government integrity 64.7 81.1
Judicial effectiveness 92.1 97.9
Tax burden 78.8 63
Government spending 44.2 52
Fiscal health 82.5 41.7
Business freedom 76.8 77.8
Labor freedom 55.1 65.9
Monetary freedom 75 74.3
Trade freedom 79.4 76.2
Investment freedom 70 60
Financial freedom 70 60

Economic freedom comparison by year

Czech Republic
Japan
1x
Year Economic freedom index
Czech Republic Japan
2026 73.2 70.3
2025 72.9 70.2
2024 70.2 67.5
2023 71.9 69.3
2022 74.4 69.9
2021 73.8 74.1
2020 74.8 73.3
2019 73.7 72.1
2018 74.2 72.3
2017 73.3 69.6
2016 73.2 73.1
2015 72.5 73.3
2014 72.2 72.4
2013 70.9 71.8
2012 69.9 71.6
2011 70.4 72.8
2010 69.8 72.9
2009 69.4 72.8
2008 68.1 73
2007 67.4 72.7
2006 66.4 73.3
2005 64.6 67.3
2004 67 64.3
2003 67.5 67.6
2002 66.5 66.7
2001 70.2 70.9
2000 68.6 70.7
1999 69.7 69.1
1998 68.4 70.2
1997 68.8 70.3
1996 68.1 72.6
1995 67.8 75

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

GeoRank.org/economy/czech-republic/japan | CC BY

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 70.3 for Japan, ranking 36/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Japan
Services, % of GDP
60.8%
2025
71.4%
2024
Industry, % of GDP
28.7%
2025
26.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.95%
2025
0.96%
2024
GNI, Atlas method
$359B
2025
$4.73T
2025
GNI per capita, PPP
$57,870
2025
$58,920
2025
Total reserves including gold
$176B
2025
$1.37T
2025
Total reserves ranking
21/177
2025
3/177
2025
Net foreign direct investment
-$1.88B
2025
$172B
2025
Net inflows of foreign direct investment
$13.5B
2024
$18.9B
2024
Net outflows of foreign direct investment
$12.9B
2024
$207B
2024
Poverty at national poverty lines
10.2%
2021
16.1%
2020
Gross capital formation, % of GDP
26.8%
2025
27.7%
2024

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/czech-republic/japan | 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 (1875–1989, 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.

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.