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Economy of Dominican Republic vs Indonesia compared: GDP & Debt

Updated on by Georank team

The Dominican Republic has a GDP of $124B compared to $1.4T for Indonesia, ranking 63/197 and 16/197 by economy size, respectively.

The Dominican Republic has $73.1B in government debt (58.8% of GDP), compared to $561B (40.2% of GDP) in Indonesia.

Dominican Republic vs Indonesia GDP by year

Dominican Republic
Indonesia
1x
Year GDP, current $
Dominican Republic Indonesia
2024 $124,282,245,639 $1,396,300,098,191
2023 $120,456,239,154 $1,371,169,301,564
2022 $113,478,087,135 $1,319,101,183,380
2021 $94,850,719,517 $1,186,509,691,087
2020 $78,546,672,407 $1,059,054,842,698
2019 $89,146,130,745 $1,119,099,871,350
2018 $84,994,732,049 $1,042,271,532,989
2017 $79,070,274,743 $1,015,618,744,160
2016 $75,552,902,636 $931,877,364,038
2015 $70,966,782,572 $860,854,232,686
2014 $67,014,329,100 $890,814,755,534
2013 $62,555,417,415 $912,524,136,718
2012 $60,561,635,556 $917,869,913,333
2011 $57,948,261,616 $892,969,104,563
2010 $53,801,053,353 $755,094,157,622
2009 $48,223,781,477 $539,580,085,612
2008 $48,091,433,554 $510,228,634,992
2007 $43,965,458,509 $432,216,737,775
2006 $37,879,830,084 $364,570,515,618
2005 $35,777,560,684 $285,868,619,196
2004 $22,322,387,382 $256,836,875,295
2003 $21,403,167,848 $234,772,463,824
2002 $27,137,440,786 $195,660,611,165
2001 $25,601,823,688 $160,446,947,785
2000 $24,305,780,629 $165,021,012,078
1999 $22,136,579,397 $140,001,351,215
1998 $21,672,215,547 $95,445,547,873
1997 $20,017,450,041 $215,748,998,610
1996 $18,241,622,548 $227,369,679,375
1995 $16,637,370,839 $202,132,028,723
1994 $14,644,734,599 $176,892,143,932
1993 $13,081,042,400 $158,006,700,302
1992 $11,605,382,504 $128,026,966,580
1991 $9,824,483,340 $116,621,996,217
1990 $7,073,675,545 $106,140,727,334
1989 $6,686,593,060 $94,451,427,877
1988 $5,374,299,981 $84,300,174,486
1987 $5,827,050,753 $75,929,617,558
1986 $6,122,128,558 $79,954,072,545
1985 $5,044,579,979 $85,289,488,375
1984 $11,594,000,000 $84,853,700,028
1983 $9,220,600,000 $81,052,283,384
1982 $8,267,400,000 $90,158,449,295
1981 $7,561,300,000 $85,518,233,419
1980 $6,761,300,000 $72,482,337,397
1979 $5,498,800,000 $51,400,186,343
1978 $4,734,400,000 $51,455,719,076
1977 $4,587,100,000 $45,808,915,663
1976 $3,951,500,000 $37,269,156,627
1975 $3,599,200,000 $30,463,855,422
1974 $2,925,700,000 $25,802,409,639
1973 $2,344,800,000 $16,273,253,012
1972 $1,987,400,000 $10,997,590,361
1971 $1,666,500,000 $9,333,536,370
1970 $1,485,500,000 $9,150,684,932
1969 $1,230,500,000 $8,337,423,313
1968 $1,079,100,000 $7,076,465,300
1967 $1,034,800,000 $5,667,756,628
1966 $983,900,000 -
1965 $888,100,000 -
1964 $1,025,599,900 -
1963 $940,799,900 -
1962 $824,100,000 -
1961 $654,100,200 -
1960 $672,399,700 -

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

GeoRank.org/economy/dominican-republic/indonesia | CC BY

GDP per capita in Dominican Republic vs Indonesia by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,876 $27,542 $4,925 $16,448
2023 $10,630 $25,840 $4,876 $15,416
2022 $10,104 $24,626 $4,731 $14,285
2021 $8,527 $22,053 $4,287 $12,757
2020 $7,135 $18,998 $3,854 $11,729
2019 $8,183 $19,767 $4,107 $11,986
2018 $7,883 $17,995 $3,861 $11,372
2017 $7,413 $16,846 $3,799 $10,688
2016 $7,160 $16,282 $3,521 $10,263
2015 $6,801 $14,804 $3,288 $10,028
2014 $6,496 $13,465 $3,441 $10,065
2013 $6,137 $12,414 $3,567 $9,866
2012 $6,014 $11,777 $3,632 $9,530
2011 $5,827 $11,695 $3,579 $8,937
2010 $5,479 $11,246 $3,066 $8,353
2009 $4,974 $10,382 $2,218 $7,868
2008 $5,024 $10,346 $2,125 $7,569
2007 $4,650 $9,951 $1,823 $7,096
2006 $4,055 $9,130 $1,558 $6,583
2005 $3,878 $8,215 $1,238 $6,134
2004 $2,452 $7,375 $1,127 $5,700
2003 $2,383 $7,098 $1,043 $5,353
2002 $3,066 $7,158 $881 $5,076
2001 $2,936 $6,848 $732 $4,849
2000 $2,831 $6,639 $764 $4,639
1999 $2,621 $6,305 $657 $4,386
1998 $2,608 $5,963 $455 $4,356
1997 $2,449 $5,618 $1,045 $5,037
1996 $2,271 $5,161 $1,119 $4,807
1995 $2,109 $4,871 $1,011 $4,451
1994 $1,892 $4,599 $900 $4,096
1993 $1,722 $4,474 $817 $3,793
1992 $1,558 $4,151 $674 $3,538
1991 $1,346 $3,722 $624 $3,305
1990 $989 $3,641 $578 $3,044
1989 $955 - $524 -
1988 $784 - $477 -
1987 $868 - $438 -
1986 $932 - $470 -
1985 $784 - $511 -
1984 $1,844 - $520 -
1983 $1,500 - $508 -
1982 $1,376 - $578 -
1981 $1,288 - $561 -
1980 $1,180 - $487 -
1979 $984 - $353 -
1978 $868 - $362 -
1977 $863 - $331 -
1976 $763 - $275.7 -
1975 $713 - $231.1 -
1974 $595 - $200.7 -
1973 $490 - $129.9 -
1972 $427 - $90.1 -
1971 $368 - $78.5 -
1970 $338 - $79.1 -
1969 $287.7 - $74.1 -
1968 $259.6 - $64.7 -
1967 $256.2 - $53.2 -
1966 $250.9 - - -
1965 $233.2 - - -
1964 $277.3 - - -
1963 $262.2 - - -
1962 $236.8 - - -
1961 $193.9 - - -
1960 $205.7 - - -

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

GeoRank.org/economy/dominican-republic/indonesia | CC BY

The Dominican Republic's GDP per capita is $10,876, ranking 83/197, compared to $4,925 in Indonesia, ranking 121/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Indonesia ranks 107th at $16,448.

Economic indicators

Dominican Republic Indonesia
Gross domestic product
$124B
2024
$1.4T
2024
GDP rank
63/197
2024
16/197
2024
GDP growth
4.95%
2023-2024
5.03%
2023-2024
GDP per capita
$10,876
2024
$4,925
2024
GDP per capita rank
83/197
2024
121/197
2024
GDP per capita, PPP
$27,542
2024
$16,448
2024
GDP per capita PPP rank
76/197
2024
107/197
2024
Government debt
$73.1B
2024
$561B
2024
Debt-to-GDP ratio
58.8%
2024
40.2%
2024
Government debt per person
$6,394
2024
$1,978
2024
Government debt per person rank
71/185
2024
120/185
2024
Average annual personal income after taxes
$6,547
2026
$3,371
2026
Market capitalization of domestic companies n/a
$758B
2023
Number of millionaires n/a
178,605
2025
Number of billionaires n/a
33
2025
Income share by richest 10%
29.5%
2024
28.8%
2024
Income share by poorest 10%
2.3%
2024
3.5%
2024
Government expenditure, % of GDP
19.5%
2024
16.8%
2024
Consumer prices inflation
3.3%
2023-2024
2.18%
2023-2024
Central bank interest rate
5.5%
2025
4.75%
2025
Unemployment rate
5.31%
2024
3.31%
2023
Population
11637906
288551776

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Indonesia
Spending

Debt
1x
Year % of GDP
Dominican Republic Indonesia
Government spending Government debt Government spending Government debt
2024 19.5% 58.8% 16.8% 40.2%
2023 19.1% 60.5% 16.6% 39.6%
2022 18.5% 59.6% 17.3% 40.1%
2021 18.4% 62.8% 18.1% 41.1%
2020 22.2% 71.8% 18.4% 39.7%
2019 17.8% 53.5% 16.4% 30.6%
2018 16.5% 50.8% 16.6% 30.4%
2017 17.3% 49.5% 16.4% 29.4%
2016 17% 46.7% 16.9% 28%
2015 16.7% 44.8% 17.6% 27%
2014 17% 45% 18.4% 24.6%
2013 18.5% 46.8% 18.8% 24.9%
2012 19.8% 42.4% 18.8% 23%
2011 16% 39.1% 17.7% 23.1%
2010 16.1% 37.4% 16.9% 26.4%
2009 16.2% 36.8% 17% 26.5%
2008 18.5% 33.6% 19.4% 30.3%
2007 16.3% 32.9% 18.7% 38.1%
2006 17% 36% 18.4% 35.8%
2005 15.5% 38.3% 17.4% 42.6%
2004 17.3% 34.3% 17.8% 51.3%
2003 17.2% 48.2% 18.2% 55.6%
2002 16.5% 21.5% 16.9% 62.3%
2001 14.9% 20.4% 19.5% 73.7%
2000 14.1% 16.7% 15.3% 87.4%
1999 13.4% 16% 15.1% 95.9%
1998 12.6% 13.2% 15.1% 72.5%
1997 13.2% 13.8% 15.2% 26.4%
1996 11.4% 23% 11.5% 27.5%
1995 11% 25.7% 11.9% 32%
1994 12.1% 28.5% 13.5% 37%
1993 13% 36.1% 14.1% 40.4%
1992 10.4% 38.5% 16.8% 42.6%
1991 8.65% 47.3% 15% 39.2%
1990 9.1% 84.7% 15.8% 40.8%
1989 11.3% 62.5% 16.5% 42.5%
1988 12.8% 77% 17.3% 45.6%
1987 11.2% 86.9% 18% 49.7%
1986 10.4% 63.8% 20.9% 38.3%
1985 9.8% 66.3% 18.5% 28%
1984 9.32% 28.9% 16.1% 23.5%
1983 10.2% 32.9% 18.2% 23.1%
1982 10.2% 33.1% 18.8% 18.6%
1981 12.1% 29.8% 24.4% 16.4%
1980 12.8% 15.2% 22.1% 17.3%
1979 13.8% 24% 20.9% 22%
1978 12.3% 20.9% 20.1% 30.3%
1977 11.4% 16.4% 19.5% 27.7%
1976 12.5% 15.6% 21.8% 38.1%
1975 13.7% 13.1% 20.5% 36.7%
1974 14.6% 14.6% 17.3% 34.4%
1973 13.7% 14.6% 16.3% 43.1%
1972 14.1% 16.4% 15.7% 51.2%
1971 13.8% 17.8% 14.5% 50.5%
1970 13.3% 18% 13.8% 46.7%
1969 15.5% 17.4% 12.8% -
1968 15.5% 18.1% 8.82% -
1967 15% 16.2% 10.4% -
1966 15.2% 14.5% 9.18% -
1965 12.8% - 10.7% -
1964 16.7% - 9.55% -
1963 15.1% - 10.3% -
1962 15.7% - 7.89% -
1961 20% - 15.1% -
1960 20.1% - 14.4% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20).

GeoRank.org/economy/dominican-republic/indonesia | CC BY

In 2024, the Dominican Republic's government spending was $24.2B, accounting for 19.5% of its GDP, while Indonesia spent $235B, or 16.8% of GDP.

Debt-to-GDP ratio is 58.8% in the Dominican Republic and 40.2% in Indonesia, ranking 83/185 and 132/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Indonesia
1x
Year Deficit/surplus, % of GDP
Dominican Republic Indonesia
2024 -3.09% -2.3%
2023 -3.28% -1.64%
2022 -3.25% -2.31%
2021 -2.92% -4.4%
2020 -7.94% -6.07%
2019 -3.46% -2.09%
2018 -2.17% -1.69%
2017 -3.12% -2.26%
2016 -3.11% -2.56%
2015 -0.03% -2.72%
2014 -2.76% -1.8%
2013 -4.41% -1.96%
2012 -6.26% -1.59%
2011 -3.07% -0.7%
2010 -2.97% -1.24%
2009 -2.9% -1.64%
2008 -3.43% 0.05%
2007 0.28% -0.95%
2006 -1.69% 0.45%
2005 -0.71% 0.46%
2004 -3.6% -0.26%
2003 -4.24% -1.08%
2002 -2.28% -0.58%
2001 -0.73% -1.76%
2000 -0.86% -1.87%
1999 -0.79% -0.96%
1998 -0.29% -1.89%
1997 -0.64% -1.03%
1996 0.14% 0.96%
1995 0.82% 0.64%
1994 -0.39% 0.005%
1993 -0.16% -0.59%
1992 2.35% -2.95%
1991 0.11% -0.87%
1990 0.39% -0.55%
1989 -0.09% -1.72%
1988 -1.68% -2.68%
1987 -0.75% -0.9%
1986 -0.57% -2.94%
1985 -1.27% -0.45%
1984 -0.95% 1.83%
1983 -1.74% -1%
1982 -2.4% -1.11%
1981 -1.92% -0.69%
1980 -1.82% -0.82%
1979 -3.26% -0.67%
1978 -0.82% -2.03%
1977 0.15% -0.38%
1976 -0.22% -2.63%
1975 1.37% -2.33%
1974 -0.93% -0.35%
1973 -0.53% -1.33%
1972 -1.73% -1.82%
1971 -0.85% -2.51%
1970 -0.68% -3.02%
1969 -0.99% -2.8%
1968 -0.99% 0%
1967 -1.68% -0.35%
1966 -2.14% -5.06%
1965 -1.84% -6.62%
1964 -1.36% -5.58%
1963 -0.39% -5.24%
1962 -1.17% -3.1%
1961 -3% -4.57%
1960 -0.61% -1.65%
1959 -0.29% -4.06%
1958 -1.29% -6.67%
1957 0.21% -2.92%
1956 -0.05% -1.38%
1955 1.47% -1.6%
1954 1.43% -3.16%
1953 2.79% -2.33%
1952 0% -3.66%
1951 -2.58% 1.52%
1950 -3.66% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/dominican-republic/indonesia | CC BY

In 2024, the Dominican Republic's government deficit, the difference between spending and revenue, was $3.84B, equivalent to 3.09% of GDP. This compares to Indonesia's deficit of $32.1B, or 2.3% of GDP.

Over the past 58 years, the Dominican Republic recorded a fiscal deficit in 50 of those years, while Indonesia ran a deficit in 50 years. On average, the Dominican Republic posted an annual deficit equal to 1.64% of GDP, compared to deficit of 1.39% of GDP for Indonesia.

Inflation comparison by year

Inflation
Dominican Republic

Indonesia
1x
Year Consumer prices inflation
Dominican Republic Indonesia
2024 3.3% 2.18%
2023 4.79% 3.67%
2022 8.81% 4.21%
2021 8.24% 1.56%
2020 3.78% 1.92%
2019 1.81% 3.03%
2018 3.56% 3.2%
2017 3.28% 3.81%
2016 1.61% 3.53%
2015 0.84% 6.36%
2014 3% 6.39%
2013 4.83% 6.41%
2012 3.69% 4.28%
2011 5.8% 5.36%
2010 6.33% 5.13%
2009 1.44% 4.39%
2008 10.6% 10.2%
2007 6.14% 6.41%
2006 7.57% 13.1%
2005 4.19% 10.5%
2004 51.5% 6.06%
2003 27.4% 6.76%
2002 5.22% 11.9%
2001 8.88% 11.5%
2000 7.72% 3.69%
1999 6.47% 20.5%
1998 4.83% 58.5%
1997 8.3% 6.23%

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

GeoRank.org/economy/dominican-republic/indonesia | CC BY

Over the past 28 years, the Dominican Republic has recorded an average annual inflation rate of 7.64%, compared with 8.24% in Indonesia. In 2024, inflation was 3.3% in the Dominican Republic and 2.18% in Indonesia.

Top exports between countries

Dominican Republic
Export category Export value
Processed food, beverages & tobacco $42.7M
Textiles & consumer goods $545K
Animal & marine products $255K
Machinery & equipment $154K
Chemicals & pharma $24K
Indonesia
Export category Export value
Metals $72.8M
Processed food, beverages & tobacco $37.5M
Machinery & equipment $28.2M
Wood & paper products $20.2M
Textiles & consumer goods $16.1M
Animal & marine products $4.27M
Raw agricultural goods $3.72M
Raw materials & minerals $3.32M
Chemicals & pharma $2.41M
Precious metals & jewellery $105K

Balance of trade

Dominican Republic Indonesia
Current account balance
-$4.17B
2024
-$8.72B
2024
Current account balance ranking
163/190
2024
174/190
2024
Current account balance, % of GDP
-3.35%
2024
-0.62%
2024
Goods imports
$29.8B
2024
$223B
2024
Goods exports
$13.9B
2024
$263B
2024
Service imports
$6.34B
2024
$57.6B
2024
Service exports
$14.7B
2024
$39B
2024
Imports of goods and services, % of GDP
29%
2024
20.4%
2024
Exports of goods and services, % of GDP
22.8%
2024
22.2%
2024

Economic freedom indices

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

Dominican Republic Indonesia
Economic freedom 63.8 65.1
Economic freedom ranking 77/197 67/197
Property rights 53.9 39.7
Government integrity 39.8 42
Judicial effectiveness 58 43.1
Tax burden 84.4 81.5
Government spending 89.1 91.4
Fiscal health 76.6 89.8
Business freedom 71.4 69.2
Labor freedom 53.2 56.8
Monetary freedom 72.1 79.4
Trade freedom 67.4 78.6
Investment freedom 60 50
Financial freedom 40 60

Economic freedom comparison by year

Dominican Republic
Indonesia
1x
Year Economic freedom index
Dominican Republic Indonesia
2026 63.8 65.1
2025 64.3 65.2
2024 62.9 63.5
2023 62.6 63.5
2022 63 64.4
2021 62.1 66.9
2020 60.9 67.2
2019 61 65.8
2018 61.6 64.2
2017 62.9 61.9
2016 61 59.4
2015 61 58.1
2014 61.3 58.5
2013 59.7 56.9
2012 60.2 56.4
2011 60 56
2010 60.3 55.5
2009 59.2 53.4
2008 57.7 53.2
2007 56.8 53.2
2006 56.3 51.9
2005 55.1 52.9
2004 54.6 52.1
2003 57.8 55.8
2002 58.6 54.8
2001 59.1 52.5
2000 59 55.2
1999 58.1 61.5
1998 58.1 63.4
1997 53.5 62
1996 58.1 61
1995 55.8 54.9

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

GeoRank.org/economy/dominican-republic/indonesia | CC BY

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 65.1 for Indonesia, ranking 67/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Indonesia
Services, % of GDP
59.8%
2024
43.8%
2024
Industry, % of GDP
28.7%
2024
39.3%
2024
Agriculture, forestry, and fishing, % of GDP
4.45%
2024
12.6%
2024
GNI, Atlas method
$117B
2024
$1.39T
2024
GNI per capita, PPP
$26,050
2024
$16,010
2024
Total reserves including gold
$13.5B
2024
$156B
2024
Total reserves ranking
71/177
2024
20/177
2024
Net foreign direct investment
-$4.52B
2024
-$15.9B
2024
Net inflows of foreign direct investment
$4.48B
2024
$24.2B
2024
Net outflows of foreign direct investment
-$47.3M
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
5.65%
2024
Poverty at national poverty lines
19%
2024
9%
2024
Gross capital formation, % of GDP
27%
2024
31.4%
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/dominican-republic/indonesia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.