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Economy of Denmark vs Gabon compared: GDP & Debt

Updated on by Georank team

Denmark has a GDP of $425B compared to $20.9B for Gabon, ranking 37/197 and 127/197 by economy size, respectively.

Denmark has $134B in government debt (31.5% of GDP), compared to $15.2B (72.7% of GDP) in Gabon.

Denmark vs Gabon GDP by year

Denmark
Gabon
1x
Year GDP, current $
Denmark Gabon
2024 $424,524,722,037 $20,895,684,426
2023 $404,651,706,118 $19,388,372,071
2022 $400,114,306,337 $20,440,655,695
2021 $406,110,162,088 $19,444,935,097
2020 $355,631,021,932 $15,342,236,164
2019 $345,401,473,013 $16,874,405,465
2018 $355,293,374,912 $16,867,326,402
2017 $331,610,593,962 $14,929,487,485
2016 $312,181,849,372 $14,023,890,265
2015 $301,758,922,338 $14,383,107,763
2014 $352,832,602,064 $18,203,966,896
2013 $344,631,016,965 $17,595,744,798
2012 $326,792,574,245 $17,170,464,016
2011 $344,315,595,263 $18,210,307,744
2010 $322,345,594,075 $14,372,593,020
2009 $322,619,152,195 $12,113,699,068
2008 $354,979,471,960 $15,571,348,344
2007 $320,213,157,595 $12,455,409,587
2006 $283,386,151,544 $10,327,598,306
2005 $265,150,087,712 $9,582,783,991
2004 $251,986,155,631 $7,770,219,008
2003 $218,421,193,436 $6,511,903,365
2002 $178,788,209,558 $5,335,451,100
2001 $164,881,594,415 $5,023,265,413
2000 $164,043,817,224 $5,080,483,629
1999 $177,887,720,536 $4,662,992,036
1998 $176,877,077,513 $4,483,417,310
1997 $173,241,365,735 $5,326,817,115
1996 $187,481,157,846 $5,694,040,003
1995 $184,848,481,008 $4,958,845,648
1994 $156,017,919,221 $4,190,819,344
1993 $143,111,306,004 $4,378,645,081
1992 $152,966,494,260 $5,592,390,827
1991 $139,180,507,778 $5,402,919,785
1990 $138,217,740,684 $5,952,293,765
1989 $112,312,200,761 $4,186,411,464
1988 $115,540,189,705 $3,834,503,376
1987 $109,183,446,340 $3,281,797,043
1986 $87,748,695,217 $3,403,638,189
1985 $62,452,421,011 $3,339,914,757
1984 $58,868,891,335 $3,561,451,561
1983 $60,331,158,447 $3,391,275,732
1982 $60,084,214,872 $3,618,007,841
1981 $61,459,941,461 $3,862,269,121
1980 $70,811,287,816 $4,279,637,942
1979 $70,393,030,603 $3,030,251,120
1978 $60,320,089,218 $2,389,479,272
1977 $49,711,709,588 $2,809,349,069
1976 $44,503,607,444 $3,009,409,974
1975 $40,418,967,666 $2,157,592,940
1974 $34,125,712,481 $1,544,216,002
1973 $30,718,181,337 $722,780,701
1972 $23,230,667,549 $430,508,359
1971 $19,086,192,720 $381,687,073
1970 $17,075,457,733 $323,802,476
1969 $15,414,902,667 $318,124,701
1968 $13,505,574,133 $294,468,564
1967 $13,059,064,806 $271,543,680
1966 $11,931,740,293 $245,849,781
1965 $10,870,670,865 $226,474,286
1964 $9,677,401,337 $215,679,855
1963 $8,466,044,980 $154,480,244
1962 $7,953,274,741 $182,796,536
1961 $7,058,361,229 $167,637,907
1960 $6,361,166,545 $141,468,978

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

GeoRank.org/economy/denmark/gabon | CC BY

GDP per capita in Denmark vs Gabon by year

Denmark
GDP per capita

GDP per capita, PPP
Gabon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Denmark Gabon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $71,026 $81,878 $8,230 $21,510
2023 $68,044 $77,892 $7,803 $20,756
2022 $67,781 $78,914 $8,409 $19,993
2021 $69,341 $69,715 $8,181 $18,524
2020 $60,985 $62,682 $6,606 $14,477
2019 $59,404 $60,595 $7,441 $15,950
2018 $61,325 $57,234 $7,624 $15,432
2017 $57,522 $55,272 $6,922 $14,797
2016 $54,501 $51,821 $6,677 $13,998
2015 $53,094 $48,897 $7,047 $14,306
2014 $62,520 $47,880 $9,201 $14,854
2013 $61,378 $46,869 $9,198 $14,498
2012 $58,444 $44,755 $9,297 $14,620
2011 $61,810 $44,444 $10,219 $14,784
2010 $58,105 $43,038 $8,357 $14,015
2009 $58,413 $40,524 $7,291 $13,384
2008 $64,617 $41,467 $9,689 $13,734
2007 $58,632 $39,110 $8,004 $14,391
2006 $52,119 $37,392 $6,847 $13,637
2005 $48,926 $34,238 $6,548 $14,028
2004 $46,625 $33,016 $5,466 $13,638
2003 $40,519 $30,864 $4,711 $13,564
2002 $33,257 $30,667 $3,966 $13,369
2001 $30,768 $29,459 $3,836 $13,556
2000 $30,722 $28,648 $3,983 $13,326
1999 $33,426 $26,642 $3,751 $13,629
1998 $33,346 $25,799 $3,700 $15,138
1997 $32,780 $24,887 $4,509 $14,837
1996 $35,622 $23,723 $4,943 $14,147
1995 $35,321 $22,677 $4,415 $13,750
1994 $29,968 $21,669 $3,828 $13,164
1993 $27,582 $20,217 $4,106 $12,757
1992 $29,579 $19,830 $5,386 $12,312
1991 $27,003 $19,067 $5,345 $12,760
1990 $26,886 $18,225 $6,051 $11,952
1989 $21,882 - $4,374 -
1988 $22,525 - $4,119 -
1987 $21,296 - $3,624 -
1986 $17,137 - $3,865 -
1985 $12,213 - $3,898 -
1984 $11,517 - $4,273 -
1983 $11,797 - $4,182 -
1982 $11,740 - $4,584 -
1981 $12,000 - $5,026 -
1980 $13,822 - $5,718 -
1979 $13,757 - $4,155 -
1978 $11,818 - $3,360 -
1977 $9,770 - $4,048 -
1976 $8,773 - $4,441 -
1975 $7,988 - $3,258 -
1974 $6,764 - $2,384 -
1973 $6,117 - $1,140 -
1972 $4,654 - $693 -
1971 $3,846 - $627 -
1970 $3,464 - $543 -
1969 $3,151 - $545 -
1968 $2,776 - $515 -
1967 $2,701 - $482 -
1966 $2,487 - $443 -
1965 $2,284 - $415 -
1964 $2,049 - $400 -
1963 $1,807 - $290.7 -
1962 $1,711 - $348 -
1961 $1,531 - $323 -
1960 $1,389 - $276.1 -

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

GeoRank.org/economy/denmark/gabon | CC BY

Denmark's GDP per capita is $71,026, ranking 12/197, compared to $8,230 in Gabon, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), Denmark ranks 14th at $81,878, while Gabon ranks 90th at $21,510.

Economic indicators

Denmark Gabon
Gross domestic product
$425B
2024
$20.9B
2024
GDP rank
37/197
2024
127/197
2024
GDP growth
3.48%
2023-2024
3.39%
2023-2024
GDP per capita
$71,026
2024
$8,230
2024
GDP per capita rank
12/197
2024
93/197
2024
GDP per capita, PPP
$81,878
2024
$21,510
2024
GDP per capita PPP rank
14/197
2024
90/197
2024
Government debt
$134B
2024
$15.2B
2024
Debt-to-GDP ratio
31.5%
2024
72.7%
2024
Government debt per person
$22,340
2024
$5,985
2024
Government debt per person rank
30/185
2024
75/185
2024
Average annual personal income after taxes
$53,468
2026
$5,368
2026
Market capitalization of domestic companies
$151B
2004
n/a
Number of millionaires
376,000
2025
n/a
Number of billionaires
9
2025
n/a
Income share by richest 10%
25.5%
2023
27.7%
2017
Income share by poorest 10%
3.6%
2023
2.2%
2017
Government expenditure, % of GDP
47.3%
2024
24.8%
2024
Consumer prices inflation
1.37%
2023-2024
1.17%
2023-2024
Central bank interest rate
1.6%
2025
n/a
Unemployment rate
6.15%
2024
20.4%
2010
Population
6032403
2663339

Spending and national debt comparison by year

Denmark
Spending

Debt
Gabon
Spending

Debt
1x
Year % of GDP
Denmark Gabon
Government spending Government debt Government spending Government debt
2024 47.3% 31.5% 24.8% 72.7%
2023 47.4% 33.8% 21.5% 70.6%
2022 45.1% 34.2% 19.7% 65.6%
2021 49.7% 40.7% 17.3% 72.9%
2020 53.3% 46.3% 19.8% 83%
2019 49.8% 38.3% 17.4% 59.8%
2018 50.8% 38.5% 17.1% 62.3%
2017 50.6% 40.2% 18.1% 62.9%
2016 52.4% 41.7% 21.8% 64.5%
2015 54.4% 44.6% 22.3% 44.7%
2014 55.1% 48.7% 23.8% 34.1%
2013 55.6% 47.8% 34.7% 31.1%
2012 57.9% 48.7% 23.9% 21.4%
2011 56.3% 50% 22.1% 21.4%
2010 56.5% 46.1% 23.1% 21.3%
2009 56.3% 43% 22.6% 26%
2008 50.3% 35.5% 18.9% 20.1%
2007 49.5% 29.5% 19.4% 39.2%
2006 49.7% 33.2% 21.1% 34.9%
2005 51.1% 39.4% 20.8% 41.7%
2004 52.8% 46.2% 20.9% 60.3%
2003 53.5% 48.2% 21.2% 70.2%
2002 53.1% 50.3% 25.7% 81.1%
2001 53% 50.1% 27.8% 81%
2000 52.9% 53.6% 20.3% 72.5%
1999 54.7% 56.8% 25.5% 73.1%
1998 55.6% 60.3% 45.5% 87.6%
1997 56.2% 64.4% 29.7% 57%
1996 58.2% 68.3% 22.2% 64.5%
1995 58.7% 71.5% 25.1% 73.4%
1994 59.5% 75.3% 23.9% 71.3%
1993 59.5% 78.7% 26.9% 90.1%
1992 56.4% 66.7% 26.5% 87.9%
1991 55.5% 63.2% 25.1% 89.3%
1990 55.1% 62.4% 22.6% 90%
1989 56.2% 62.2% - -
1988 56.1% 64.7% - -
1987 54% 62.5% - -
1986 52.3% 66.8% - -
1985 55.5% 74.7% - -
1984 56.6% 77.7% - -
1983 57.9% 74.2% - -
1982 57.7% 64.5% - -
1981 56.3% 51.7% - -
1980 52.7% 39.2% - -
1979 49.6% 31.8% - -
1978 47.2% 25.5% - -
1977 45.6% 15.2% - -
1976 45% 11.4% - -
1975 45.3% 7.01% - -
1974 43.6% 6.2% - -
1973 39.5% 8.94% - -
1972 42.1% 11.5% - -
1971 42.2% 12.9% - -
1970 24.4% 7.62% - -
1969 25.3% 8.36% - -
1968 24.3% 9.36% - -
1967 22.2% 10.1% - -
1966 21.1% 11.2% - -
1965 17.1% 12.9% - -
1964 17.6% 14.5% - -
1963 18.2% 13.7% - -
1962 17% 15.3% - -
1961 15.6% 16.4% - -
1960 16.4% 20.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1991, retrieved 2026-02-20).

GeoRank.org/economy/denmark/gabon | CC BY

In 2024, Denmark's government spending was $201B, accounting for 47.3% of its GDP, while Gabon spent $5.18B, or 24.8% of GDP.

Debt-to-GDP ratio is 31.5% in Denmark and 72.7% in Gabon, ranking 155/185 and 51/185, respectively.

Government deficit by year

Deficit/surplus
Denmark

Gabon
1x
Year Deficit/surplus, % of GDP
Denmark Gabon
2024 4.46% -3.84%
2023 3.43% 1.79%
2022 3.39% -0.89%
2021 4.12% -1.93%
2020 0.36% -2.19%
2019 4.28% 2.13%
2018 0.81% -0.21%
2017 1.69% -1.7%
2016 0.3% -4.71%
2015 -0.9% -1.12%
2014 1.43% 5.98%
2013 -0.94% -3.07%
2012 -3.2% 6.2%
2011 -1.77% 1.41%
2010 -2.52% 2.7%
2009 -2.75% 6.77%
2008 3.46% 11%
2007 5.31% 8.06%
2006 5.29% 8.67%
2005 5.2% 7.98%
2004 2.23% 6.99%
2003 0.14% 7.75%
2002 0.25% 3.72%
2001 1.13% 4.07%
2000 1.79% 11.1%
1999 1.06% 1.11%
1998 -0.28% -13.1%
1997 -1.22% 1.41%
1996 -2.4% 2.12%
1995 -3.5% 2.64%
1994 -3.85% -1.53%
1993 -3.73% -5.35%
1992 -2.6% -4.9%
1991 -3.15% -2.03%
1990 -1.78% -3.83%
1989 0.3% -
1988 1.46% -
1987 2.46% -
1986 3.23% -
1985 -1.38% -
1984 -3.58% -
1983 -6.29% -
1982 -8.22% -
1981 -5.84% -
1980 -2.32% -
1979 -0.69% -
1978 0.41% -
1977 0.37% -
1976 0.19% -
1975 -1.23% -
1974 3.7% -
1973 4.97% -
1972 5.01% -
1971 4.96% -
1970 0.7% -
1969 0.3% -
1968 -0.06% -
1967 1.49% -
1966 0.99% -
1965 2.13% -
1964 1.79% -
1963 1.2% -
1962 -0.09% -
1961 1.73% -
1960 1.25% -
1959 0.79% -
1958 0.25% -
1957 0.26% -
1956 -0.01% -
1955 -1.17% -
1954 -0.84% -
1953 1.75% -
1952 1.18% -
1951 0.79% -
1950 1.08% -
1949 0.63% -
1948 1.07% -
1947 0.84% -
1946 2.69% -
1945 -1.03% -
1944 0% -
1943 0% -
1942 0% -
1941 0% -
1940 0% -
1939 0% -
1938 0.03% -
1937 0.22% -
1936 -1.36% -
1935 -0.97% -
1934 0.03% -
1933 1.69% -
1932 -3.22% -
1931 -1.67% -
1930 0.03% -
1929 0.13% -
1928 -4.99% -
1927 -2.33% -
1926 -0.48% -
1925 -3.1% -
1924 -0.8% -
1923 -0.56% -
1922 -1.33% -
1921 -2.41% -
1920 -0.46% -
1919 -0.38% -
1918 1.95% -
1917 3.1% -
1916 1.51% -
1915 -0.48% -
1914 0.43% -
1913 0.07% -
1912 0.13% -
1911 -1.02% -
1910 -1.72% -
1909 -2.49% -
1908 -0.82% -
1907 0.26% -
1906 -0.42% -
1905 0.22% -
1904 -0.1% -
1903 0.03% -
1902 -0.06% -
1901 -0.71% -
1900 -0.84% -
1899 -0.59% -
1898 -0.43% -
1897 -0.61% -
1896 -0.07% -
1895 -0.17% -
1894 -0.26% -
1893 -0.42% -
1892 -0.73% -
1891 -0.76% -
1890 -0.97% -
1889 -0.55% -
1888 -0.49% -
1887 -0.68% -
1886 -0.39% -
1885 0.48% -
1884 1.2% -
1883 0.73% -
1882 0.35% -
1881 0.42% -
1880 -2.65% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/denmark/gabon | CC BY

In 2024, Denmark's government surplus, the difference between spending and revenue, was $18.9B, equivalent to 4.46% of GDP. This compares to Gabon's deficit of $802M, or 3.84% of GDP.

Over the past 35 years, Denmark recorded a fiscal deficit in 15 of those years, while Gabon ran a deficit in 15 years. On average, Denmark posted an annual surplus equal to 0.44% of GDP, compared to surplus of 1.52% of GDP for Gabon.

Inflation comparison by year

Inflation
Denmark

Gabon
1x
Year Consumer prices inflation
Denmark Gabon
2024 1.37% 1.17%
2023 3.31% 3.63%
2022 7.7% 4.23%
2021 1.85% 1.09%
2020 0.42% 1.35%
2019 0.76% 2.46%
2018 0.81% 4.75%
2017 1.15% 2.65%
2016 0.25% 2.11%
2015 0.45% -0.34%
2014 0.56% 4.69%
2013 0.79% 0.51%
2012 2.4% 2.65%
2011 2.76% 1.26%
2010 2.31% 1.46%
2009 1.3% 1.89%
2008 3.42% 5.26%
2007 1.69% 5.03%
2006 1.92% -1.41%
2005 1.82% 3.71%
2004 1.15% 0.41%
2003 2.08% 2.24%
2002 2.42% 0.04%
2001 2.34% 2.14%
2000 2.9% 0.5%
1999 2.5% -1.94%
1998 1.85% 1.45%
1997 2.18% 3.97%

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

GeoRank.org/economy/denmark/gabon | CC BY

Over the past 28 years, Denmark has recorded an average annual inflation rate of 1.95%, compared with 2.03% in Gabon. In 2024, inflation was 1.37% in Denmark and 1.17% in Gabon.

Top exports between countries

Denmark
Export category Export value
Raw materials & minerals $4.48M
Machinery & equipment $1.23M
Animal & marine products $697K
Chemicals & pharma $131K
Processed food, beverages & tobacco $112K
Raw agricultural goods $98K
Textiles & consumer goods $58K
Metals $50K
Miscellaneous $23K
Wood & paper products $17K
Gabon
Export category Export value
Machinery & equipment $10.8M
Metals $7.48M
Textiles & consumer goods $628K
Wood & paper products $100K
Raw materials & minerals $39K
Chemicals & pharma $29K

Balance of trade

Denmark Gabon
Current account balance
$52.1B
2024
$141M
2015
Current account balance ranking
14/190
2024
66/190
2015
Current account balance, % of GDP
+12.3%
2024
+0.98%
2015
Goods imports
$132B
2024
$3.17B
2015
Goods exports
$172B
2024
$5.11B
2015
Service imports
$125B
2024
$1.88B
2015
Service exports
$129B
2024
$277M
2015
Imports of goods and services, % of GDP
60.8%
2024
27.5%
2024
Exports of goods and services, % of GDP
71%
2024
64.6%
2024

Economic freedom indices

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

Denmark Gabon
Economic freedom 79 56.6
Economic freedom ranking 8/197 120/197
Property rights 99.9 30
Government integrity 98 22.6
Judicial effectiveness 89.3 19.9
Tax burden 43.4 76.5
Government spending 34.8 85.5
Fiscal health 98 87.9
Business freedom 90.4 63.6
Labor freedom 65 55.4
Monetary freedom 80.1 80.9
Trade freedom 79.4 57.4
Investment freedom 90 60
Financial freedom 80 40

Economic freedom comparison by year

Denmark
Gabon
1x
Year Economic freedom index
Denmark Gabon
2026 79 56.6
2025 79.1 56.3
2024 77.8 56.9
2023 77.6 56.1
2022 78 55.8
2021 77.8 58.1
2020 78.3 56.7
2019 76.7 56.3
2018 76.6 58
2017 75.1 58.6
2016 75.3 59
2015 76.3 58.3
2014 76.1 57.8
2013 76.1 57.8
2012 76.2 56.4
2011 78.6 56.7
2010 77.9 55.4
2009 79.6 55
2008 79.2 54.2
2007 77 54.8
2006 75.4 56.1
2005 75.3 54.8
2004 72.4 57.1
2003 73.2 58.7
2002 71.1 58
2001 68.3 55
2000 68.3 58.2
1999 68.1 60.5
1998 67.5 59.2
1997 67.5 58.8
1996 67.3 55.7
1995 - 57.5

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

GeoRank.org/economy/denmark/gabon | CC BY

The Economic Freedom Index for Denmark is 79, ranking 8/197, compared to 56.6 for Gabon, ranking 120/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Denmark Gabon
Services, % of GDP
63.5%
2024
36.8%
2024
Industry, % of GDP
24.1%
2024
52.9%
2024
Agriculture, forestry, and fishing, % of GDP
0.93%
2024
6.56%
2024
GNI, Atlas method
$434B
2024
$19.8B
2024
GNI per capita, PPP
$84,680
2024
$20,400
2024
Total reserves including gold
$108B
2024
$1.45B
2023
Total reserves ranking
25/177
2024
136/177
2023
Net foreign direct investment
$11.9B
2024
-$25.3M
2015
Net inflows of foreign direct investment
$18.5B
2024
$1.14B
2024
Net outflows of foreign direct investment
$30.7B
2024
-$33.8M
2019
Servicing debt to the IMF, % of GNI n/a
5.67%
2024
Poverty at national poverty lines
12.4%
2021
33.4%
2017
Gross capital formation, % of GDP
23.2%
2024
19.1%
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/denmark/gabon | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1991, 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.