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Economy of Dominica vs Japan compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $4.44T for Japan, ranking 190/197 and 4/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $9.16T (206.5% of GDP) in Japan.

Dominica vs Japan GDP by year

Dominica
Japan
1x
Year GDP, current $
Dominica Japan
2025 $723,859,259 $4,435,162,999,977
2024 $688,881,481 $4,190,008,188,359
2023 $659,311,111 $4,384,854,269,962
2022 $623,062,963 $4,447,976,207,315
2021 $562,911,111 $5,225,933,520,753
2020 $528,944,444 $5,189,197,543,645
2019 $644,259,259 $5,245,755,000,479
2018 $628,244,444 $5,154,293,721,630
2017 $563,355,556 $5,038,231,631,661
2016 $612,711,111 $5,110,357,383,254
2015 $583,177,778 $4,534,438,580,495
2014 $572,255,556 $4,985,763,289,561
2013 $545,325,926 $5,272,297,037,397
2012 $520,355,556 $6,333,803,928,788
2011 $532,081,481 $6,279,422,550,219
2010 $519,859,259 $5,811,578,109,447
2009 $515,618,519 $5,336,765,697,589
2008 $480,003,704 $5,160,197,175,876
2007 $444,685,185 $4,624,670,179,655
2006 $416,674,074 $4,648,058,930,707
2005 $391,455,556 $4,875,648,486,366
2004 $396,711,111 $4,941,485,123,807
2003 $373,318,519 $4,573,413,206,709
2002 $375,200,000 $4,245,946,980,572
2001 $377,462,963 $4,438,792,748,062
2000 $333,470,370 $5,042,381,838,343
1999 $331,759,259 $4,688,983,449,627
1998 $322,411,111 $4,150,359,076,370
1997 $302,988,889 $4,579,780,793,432
1996 $292,285,185 $5,021,441,618,840
1995 $274,522,222 $5,639,649,753,986
1994 $264,374,074 $5,104,063,486,348
1993 $245,525,926 $4,632,480,515,091
1992 $234,059,259 $4,064,529,567,505
1991 $219,762,963 $3,724,887,648,862
1990 $201,429,630 $3,252,994,239,867
1989 $185,137,243 $3,174,934,735,896
1988 $171,106,184 $3,191,546,727,316
1987 $151,868,754 $2,635,094,473,494
1986 $135,161,959 $2,164,729,071,349
1985 $119,491,933 $1,457,070,301,468
1984 $109,157,071 $1,374,165,212,365
1983 $98,665,191 $1,297,622,008,229
1982 $89,527,577 $1,183,132,285,328
1981 $82,107,391 $1,271,443,597,067
1980 $72,804,653 $1,153,159,955,513
1979 $55,017,759 $1,100,608,979,757
1978 $57,130,216 $1,057,419,758,047
1977 $45,872,947 $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/dominica/japan | CC BY

GDP per capita in Dominica vs Japan by year

Dominica
GDP per capita

GDP per capita, PPP
Japan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Japan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $35,951 -
2024 $10,405 $21,301 $33,797 $52,039
2023 $9,913 $20,286 $35,215 $50,662
2022 $9,324 $18,802 $35,548 $47,192
2021 $8,376 $15,809 $41,581 $44,355
2020 $7,828 $14,244 $41,099 $42,426
2019 $9,491 $16,021 $41,425 $42,678
2018 $9,215 $15,070 $40,645 $42,142
2017 $8,225 $12,696 $39,680 $41,444
2016 $8,803 $12,945 $40,215 $40,597
2015 $8,283 $12,093 $35,665 $40,899
2014 $8,132 $12,083 $39,173 $39,555
2013 $7,822 $11,286 $41,369 $39,402
2012 $7,529 $10,921 $49,627 $37,606
2011 $7,705 $11,123 $49,122 $36,214
2010 $7,550 $10,924 $45,378 $35,336
2009 $7,487 $10,804 $41,678 $33,543
2008 $6,971 $10,862 $40,294 $35,274
2007 $6,459 $9,949 $36,130 $35,015
2006 $6,056 $9,200 $36,354 $33,632
2005 $5,695 $8,557 $38,159 $32,170
2004 $5,779 $8,232 $38,678 $30,832
2003 $5,447 $7,714 $35,809 $29,392
2002 $5,488 $7,167 $33,316 $28,624
2001 $5,528 $7,291 $34,910 $27,943
2000 $4,867 $7,111 $39,753 $27,288
1999 $4,817 $6,759 $37,029 $25,736
1998 $4,664 $6,617 $32,835 $25,508
1997 $4,372 $6,290 $36,331 $25,619
1996 $4,211 $6,041 $39,930 $24,999
1995 $3,952 $5,749 $44,947 $23,858
1994 $3,805 $5,465 $40,774 $22,823
1993 $3,536 $5,352 $37,111 $22,168
1992 $3,376 $5,125 $32,667 $21,825
1991 $3,171 $4,914 $30,048 $21,227
1990 $2,893 $4,667 $26,345 $19,912
1989 $2,639 - $25,798 -
1988 $2,423 - $26,037 -
1987 $2,138 - $21,587 -
1986 $1,893 - $17,819 -
1985 $1,666 - $12,058 -
1984 $1,515 - $11,443 -
1983 $1,363 - $10,876 -
1982 $1,232 - $9,986 -
1981 $1,125 - $10,806 -
1980 $996 - $9,872 -
1979 $754 - $9,497 -
1978 $786 - $9,202 -
1977 $634 - $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/dominica/japan | CC BY

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $35,951 in Japan, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Japan ranks 41st at $52,039.

Economic indicators

Dominica Japan
Gross domestic product
$724M
2025
$4.44T
2025
GDP rank
190/197
2025
4/197
2025
GDP growth
3.05%
2024-2025
1.19%
2024-2025
GDP per capita
$10,989
2025
$35,951
2025
GDP per capita rank
84/197
2025
34/197
2025
GDP per capita, PPP
$21,301
2024
$52,039
2024
GDP per capita PPP rank
91/197
2024
41/197
2024
Government debt
$743M
2025
$9.16T
2025
Debt-to-GDP ratio
102.6%
2025
206.5%
2025
Government debt per person
$11,275
2025
$74,248
2025
Government debt per person rank
54/185
2025
3/185
2025
Average annual personal income after taxes
$6,105
2026
$22,962
2026
Market capitalization of domestic companies n/a
$7.61T
2025
Number of millionaires n/a
2,902,000
2026
Number of billionaires n/a
41
2026
Income share by richest 10% n/a
24.3%
2020
Income share by poorest 10% n/a
2.3%
2020
Government expenditure, % of GDP
55.4%
2025
36.9%
2025
Consumer prices inflation
2.53%
2024-2025
3.17%
2024-2025
Central bank interest rate n/a
0.75%
2025
Unemployment rate
11%
2001
2.5%
2025
Population
65501
122704252

Spending and national debt comparison by year

Dominica
Spending

Debt
Japan
Spending

Debt
1x
Year % of GDP
Dominica Japan
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 36.9% 206.5%
2024 67.4% 108.2% 37.3% 214.5%
2023 64.8% 101.3% 37.8% 220.3%
2022 69.7% 110% 40.2% 227.8%
2021 67% 116.3% 41.3% 222.7%
2020 66.8% 118.4% 43.6% 228.8%
2019 48.3% 97.8% 36.4% 206.3%
2018 63.4% 85.7% 36% 203.7%
2017 54% 84.2% 35.9% 203.1%
2016 48% 76.9% 36.5% 202.1%
2015 32.4% 68.2% 36.6% 200.1%
2014 32.7% 71.3% 37.8% 203.6%
2013 33.4% 73.9% 38.4% 201.2%
2012 36.2% 73.1% 38.4% 197.1%
2011 35.2% 69.7% 38.4% 190.6%
2010 39.4% 66.8% 37.4% 178.6%
2009 35.9% 62.5% 38.3% 172.9%
2008 34.7% 64.4% 33.7% 153.6%
2007 34.1% 71.8% 32.8% 150.4%
2006 29.7% 77.4% 32.7% 152.1%
2005 31% 82% 33.2% 153.4%
2004 30.2% 86.2% 33.3% 148.8%
2003 30.1% 94.9% 34.6% 140.2%
2002 28.6% 97.9% 34.9% 134.6%
2001 29.6% 98.5% 34.7% 126.8%
2000 38.5% 68.9% 35.4% 118.5%
1999 35.2% 61.8% 35.2% 113.5%
1998 33% 56.3% 38.1% 101.6%
1997 28.2% 47.7% 32.4% 91.3%
1996 28.5% 53.7% 33.1% 85.3%
1995 28.8% 57.4% 32.8% 80.7%
1994 27.2% 55.9% 32.1% 73.3%
1993 25.2% 53.4% 31.4% 63.2%
1992 27.4% 54% 29.6% 57.9%
1991 29% 56.9% 28.6% 54.1%
1990 31.5% 54.1% 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/dominica/japan | CC BY

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Japan spent $1.63T, or 36.9% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 206.5% in Japan, ranking 20/185 and 3/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Japan
1x
Year Deficit/surplus, % of GDP
Dominica Japan
2025 -1.35% -1.05%
2024 -6.75% -1.67%
2023 -4.52% -2.39%
2022 -7.18% -4.23%
2021 -8.22% -6.32%
2020 -7.53% -9.04%
2019 -8.72% -3.05%
2018 -17.2% -2.44%
2017 -3.27% -3.05%
2016 11.6% -3.58%
2015 11.4% -3.64%
2014 -5.54% -5.58%
2013 -2.88% -7.62%
2012 -5.41% -8.22%
2011 -4.4% -9.02%
2010 -3.38% -9.05%
2009 -0.31% -9.62%
2008 0.7% -4.07%
2007 1.8% -2.86%
2006 2.93% -3%
2005 0.95% -4.39%
2004 -0.67% -5.26%
2003 0.85% -7.35%
2002 -4.07% -7.22%
2001 -6.54% -6.11%
2000 -8.66% -7.17%
1999 -9.18% -6.68%
1998 -5.99% -9.91%
1997 -2.24% -3.44%
1996 -1.59% -4.75%
1995 -2.88% -4.22%
1994 -3.35% -3.7%
1993 -1.41% -2.34%
1992 -2.22% 0.56%
1991 -2.99% 1.64%
1990 -4.66% 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/dominica/japan | CC BY

In 2025, Dominica's government deficit, the difference between spending and revenue, was $9.76M, equivalent to 1.35% of GDP. This compares to Japan's deficit of $46.7B, or 1.05% of GDP.

Over the past 36 years, Dominica recorded a fiscal deficit in 29 of those years, while Japan ran a deficit in 33 years. On average, Dominica posted an annual deficit equal to 3.14% of GDP, compared to deficit of 4.66% of GDP for Japan.

Inflation comparison by year

Inflation
Dominica

Japan
1x
Year Consumer prices inflation
Dominica Japan
2025 2.53% 3.17%
2024 2.74% 2.74%
2023 5.09% 3.27%
2022 2.88% 2.5%
2021 2.23% -0.23%
2020 1.22% -0.02%
2019 1.5% 0.47%
2018 0.99% 0.99%
2017 0.3% 0.48%
2016 0.14% -0.13%
2015 -0.84% 0.8%
2014 0.8% 2.76%
2013 -0.05% 0.34%
2012 1.36% -0.04%
2011 1.13% -0.27%
2010 3% -0.73%
2009 0.006% -1.35%
2008 6.36% 1.38%
2007 3.63% 0.06%
2006 2.2% 0.25%
2005 1.68% -0.28%
2004 2.39% -0.009%
2003 1.45% -0.26%
2002 0.17% -0.92%
2001 1.3% -0.74%
2000 0.86% -0.68%
1999 1.18% -0.34%
1998 1% 0.66%
1997 2.44% 1.75%

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

GeoRank.org/economy/dominica/japan | CC BY

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 0.54% in Japan. In 2025, inflation was 2.53% in Dominica and 3.17% in Japan.

Top exports between countries

Dominica
Export category Export value
Machinery & equipment $53K
Metals $15K
Japan
Export category Export value
Machinery & equipment $6.12M
Metals $350K
Miscellaneous $304K
Textiles & consumer goods $127K
Chemicals & pharma $108K
Raw materials & minerals $46K

Balance of trade

Dominica Japan
Current account balance
-$275M
2025
$216B
2025
Current account balance ranking
94/190
2025
3/190
2025
Current account balance, % of GDP
-38%
2025
+4.86%
2025
Goods imports
$275M
2025
$729B
2025
Goods exports
$29.8M
2025
$725B
2025
Service imports
$208M
2025
$269B
2025
Service exports
$181M
2025
$246B
2025
Imports of goods and services, % of GDP n/a
22.9%
2024
Exports of goods and services, % of GDP
8.5%
2026
22%
2024

Economic freedom indices

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

Dominica Japan
Economic freedom 56.1 70.3
Economic freedom ranking 124/197 36/197
Property rights 65.8 94.2
Government integrity 61.2 81.1
Judicial effectiveness 77.3 97.9
Tax burden 76.1 63
Government spending 0 52
Fiscal health 45.6 41.7
Business freedom 66.2 77.8
Labor freedom 49.8 65.9
Monetary freedom 77.7 74.3
Trade freedom 53.2 76.2
Investment freedom 60 60
Financial freedom 40 60

Economic freedom comparison by year

Dominica
Japan
1x
Year Economic freedom index
Dominica Japan
2026 56.1 70.3
2025 55.3 70.2
2024 54 67.5
2023 59.7 69.3
2022 54.4 69.9
2021 53 74.1
2020 60.8 73.3
2019 63.6 72.1
2018 64.5 72.3
2017 63.7 69.6
2016 67 73.1
2015 66.1 73.3
2014 65.2 72.4
2013 63.9 71.8
2012 61.6 71.6
2011 63.3 72.8
2010 63.2 72.9
2009 62.6 72.8
2008 - 73
2007 - 72.7
2006 - 73.3
2005 - 67.3
2004 - 64.3
2003 - 67.6
2002 - 66.7
2001 - 70.9
2000 - 70.7
1999 - 69.1
1998 - 70.2
1997 - 70.3
1996 - 72.6
1995 - 75

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

GeoRank.org/economy/dominica/japan | CC BY

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, 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

Dominica Japan
Services, % of GDP
57.2%
2025
71.4%
2024
Industry, % of GDP
14.1%
2025
26.8%
2024
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
0.96%
2024
GNI, Atlas method
$704M
2025
$4.73T
2025
GNI per capita, PPP
$22,130
2025
$58,920
2025
Total reserves including gold
$165M
2025
$1.37T
2025
Total reserves ranking
172/177
2025
3/177
2025
Net foreign direct investment
-$49.5M
2025
$172B
2025
Net inflows of foreign direct investment
$60M
2024
$18.9B
2024
Net outflows of foreign direct investment
-$401K
2024
$207B
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
n/a
Poverty at national poverty lines
29%
2020
16.1%
2020
Gross capital formation, % of GDP n/a
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/dominica/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) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1875–1989, 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 (2022–2025, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. LivingCost (2026, 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.