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Economy of El Salvador vs France compared: GDP & Debt

Updated on by Georank team

El Salvador has a GDP of $35.4B compared to $3.16T for France, ranking 105/197 and 7/197 by economy size, respectively.

El Salvador has $30.9B in government debt (87.5% of GDP), compared to $3.58T (113.1% of GDP) in France.

El Salvador vs France GDP by year

El Salvador
France
1x
Year GDP, current $
El Salvador France
2024 $35,364,960,000 $3,160,442,622,465
2023 $33,853,940,000 $3,056,250,648,138
2022 $31,870,120,000 $2,794,788,137,067
2021 $29,043,140,000 $2,966,433,692,008
2020 $24,921,190,000 $2,647,926,055,110
2019 $26,881,140,000 $2,722,793,515,172
2018 $26,020,850,000 $2,781,576,320,884
2017 $24,979,190,000 $2,588,868,323,335
2016 $24,191,430,000 $2,470,407,619,777
2015 $23,438,240,000 $2,442,483,452,643
2014 $22,593,470,000 $2,861,236,112,552
2013 $21,990,960,000 $2,816,077,607,875
2012 $21,386,150,000 $2,683,007,095,787
2011 $20,283,780,000 $2,870,408,553,990
2010 $18,447,920,000 $2,646,230,027,988
2009 $17,601,620,000 $2,700,075,882,519
2008 $17,986,890,000 $2,926,802,941,586
2007 $17,011,750,000 $2,655,816,911,867
2006 $15,999,890,000 $2,317,861,544,691
2005 $14,698,000,000 $2,192,146,403,028
2004 $13,724,810,900 $2,109,792,297,237
2003 $13,243,892,200 $1,835,095,983,049
2002 $12,664,190,300 $1,492,427,756,382
2001 $12,282,533,600 $1,370,376,677,299
2000 $11,784,927,700 $1,360,959,069,477
1999 $11,284,197,000 $1,486,915,879,702
1998 $10,936,669,900 $1,496,906,382,032
1997 $10,221,705,900 $1,449,392,222,971
1996 $9,586,327,800 $1,598,889,216,566
1995 $8,921,947,100 $1,595,219,345,512
1994 $7,679,384,000 $1,385,822,778,828
1993 $6,680,269,200 $1,314,383,368,080
1992 $5,813,399,300 $1,389,663,073,110
1991 $5,252,342,400 $1,258,961,748,634
1990 $4,817,542,204 $1,257,649,439,827
1989 $4,372,215,300 $1,016,742,237,302
1988 $4,189,880,000 $1,010,827,662,152
1987 $3,958,045,800 $926,320,855,615
1986 $3,771,663,200 $764,946,585,851
1985 $3,800,368,600 $547,220,981,165
1984 $3,661,683,400 $525,033,325,828
1983 $3,506,347,800 $553,356,312,936
1982 $3,399,189,100 $578,152,310,610
1981 $3,437,200,200 $609,184,791,792
1980 $3,573,959,900 $694,529,183,483
1979 $3,463,639,900 $608,218,624,730
1978 $3,127,960,000 $501,724,418,605
1977 $2,941,640,100 $406,401,711,688
1976 $2,328,280,100 $368,363,152,144
1975 $1,884,120,100 $357,324,307,786
1974 $1,665,880,000 $282,739,225,314
1973 $1,442,320,000 $261,970,536,240
1972 $1,263,720,000 $201,738,881,664
1971 $1,186,120,000 $164,694,210,962
1970 $1,132,920,000 $147,312,861,698
1969 $1,049,400,000 $140,660,914,841
1968 $1,009,760,100 $128,710,572,572
1967 $976,200,000 $118,088,635,381
1966 $929,520,000 $109,306,730,313
1965 $877,720,000 $100,927,668,584
1964 - $93,424,179,943
1963 - $84,227,606,650
1962 - $75,196,980,365
1961 - $67,158,050,215
1960 - $61,959,085,885

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

GeoRank.org/economy/el-salvador/france | CC BY

GDP per capita in El Salvador vs France by year

El Salvador
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
El Salvador France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $5,580 $13,264 $46,103 $62,557
2023 $5,365 $12,680 $44,700 $60,839
2022 $5,075 $11,876 $40,989 $57,043
2021 $4,643 $10,810 $43,725 $52,517
2020 $3,997 $9,393 $39,170 $49,482
2019 $4,320 $9,757 $40,408 $51,130
2018 $4,184 $9,204 $41,418 $46,381
2017 $4,020 $8,965 $38,687 $44,469
2016 $3,901 $8,456 $37,024 $42,880
2015 $3,790 $7,934 $36,702 $40,905
2014 $3,666 $7,504 $43,148 $40,218
2013 $3,582 $7,093 $42,669 $39,583
2012 $3,498 $6,708 $40,864 $37,671
2011 $3,331 $6,594 $43,930 $37,510
2010 $3,040 $6,248 $40,695 $35,908
2009 $2,910 $6,063 $41,728 $34,685
2008 $2,983 $6,175 $45,465 $35,053
2007 $2,831 $5,949 $41,486 $34,066
2006 $2,666 $5,695 $36,432 $32,424
2005 $2,447 $5,292 $34,696 $30,431
2004 $2,286 $4,998 $33,645 $28,921
2003 $2,208 $4,829 $29,480 $28,024
2002 $2,115 $4,672 $24,145 $28,350
2001 $2,058 $4,543 $22,332 $27,347
2000 $1,983 $4,422 $22,341 $26,007
1999 $1,908 $4,298 $24,576 $24,204
1998 $1,860 $4,171 $24,869 $23,263
1997 $1,749 $4,043 $24,169 $22,190
1996 $1,651 $3,880 $26,758 $21,268
1995 $1,548 $3,808 $26,792 $20,701
1994 $1,344 $3,591 $23,360 $19,892
1993 $1,180 $3,390 $22,239 $19,094
1992 $1,041 $3,171 $23,615 $18,801
1991 $956 $2,945 $21,501 $18,198
1990 $892 $2,856 $21,586 $17,475
1989 $825 - $17,547 -
1988 $806 - $17,550 -
1987 $777 - $16,176 -
1986 $755 - $13,430 -
1985 $776 - $9,657 -
1984 $763 - $9,312 -
1983 $745 - $9,862 -
1982 $735 - $10,360 -
1981 $752 - $10,956 -
1980 $787 - $12,565 -
1979 $773 - $11,063 -
1978 $712 - $9,167 -
1977 $684 - $7,459 -
1976 $553 - $6,792 -
1975 $457 - $6,617 -
1974 $413 - $5,261 -
1973 $366 - $4,907 -
1972 $329 - $3,809 -
1971 $316 - $3,137 -
1970 $309 - $2,833 -
1969 $293.4 - $2,729 -
1968 $290.1 - $2,518 -
1967 $288.4 - $2,328 -
1966 $282.4 - $2,173 -
1965 $274.3 - $2,024 -
1964 - - $1,891 -
1963 - - $1,723 -
1962 - - $1,554 -
1961 - - $1,402 -
1960 - - $1,307 -

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

GeoRank.org/economy/el-salvador/france | CC BY

El Salvador's GDP per capita is $5,580, ranking 116/197, compared to $46,103 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), El Salvador ranks 120th at $13,264, while France ranks 30th at $62,557.

Economic indicators

El Salvador France
Gross domestic product
$35.4B
2024
$3.16T
2024
GDP rank
105/197
2024
7/197
2024
GDP growth
2.6%
2023-2024
1.19%
2023-2024
GDP per capita
$5,580
2024
$46,103
2024
GDP per capita rank
116/197
2024
27/197
2024
GDP per capita, PPP
$13,264
2024
$62,557
2024
GDP per capita PPP rank
120/197
2024
30/197
2024
Government debt
$30.9B
2024
$3.58T
2024
Debt-to-GDP ratio
87.5%
2024
113.1%
2024
Government debt per person
$4,883
2024
$52,165
2024
Government debt per person rank
81/185
2024
8/185
2024
Average annual personal income after taxes
$4,768
2026
$35,669
2026
Market capitalization of domestic companies n/a
$2.37T
2018
Number of millionaires n/a
2,897,000
2025
Number of billionaires n/a
52
2025
Income share by richest 10%
29.7%
2023
25%
2023
Income share by poorest 10%
1.9%
2023
3%
2023
Government expenditure, % of GDP
31.4%
2024
57.2%
2024
Consumer prices inflation
0.85%
2023-2024
2%
2023-2024
Unemployment rate
2.71%
2024
7.44%
2024
Population
6399793
68788006

Spending and national debt comparison by year

El Salvador
Spending

Debt
France
Spending

Debt
1x
Year % of GDP
El Salvador France
Government spending Government debt Government spending Government debt
2024 31.4% 87.5% 57.2% 113.1%
2023 30.5% 85.1% 56.8% 109.6%
2022 28.7% 83.7% 58.4% 111.4%
2021 31.1% 88% 59.5% 112.8%
2020 32.7% 95.4% 61.7% 114.9%
2019 27.8% 77.9% 55.3% 98.1%
2018 27.6% 77% 56.4% 98.5%
2017 28.1% 77.1% 57.7% 98.7%
2016 27.5% 75.2% 57.4% 98.1%
2015 27.1% 73.5% 57.6% 96.9%
2014 27.6% 71.8% 58.4% 96.1%
2013 28.5% 69.7% 58.6% 94.5%
2012 27.4% 70% 57.9% 91.7%
2011 25.3% 65.6% 57% 88.7%
2010 25.6% 66.8% 57.7% 86.3%
2009 26% 65.8% 58% 84.1%
2008 24.5% 54.2% 54.3% 69.8%
2007 22.8% 52.2% 53.6% 65.5%
2006 23.4% 52.6% 53.7% 65.4%
2005 22.4% 46.3% 54.3% 68.2%
2004 21.5% 46.8% 54% 66.9%
2003 22.6% 46% 54.4% 65.4%
2002 22.5% 43.8% 53.9% 61.3%
2001 21.7% 37.8% 52.8% 59.3%
2000 21% 29.6% 52.6% 59.7%
1999 19.7% 28% 53.7% 61.4%
1998 19.3% 25.7% 54% 62.1%
1997 18.6% 27.8% 55.6% 62%
1996 21% 28.5% 56% 60.6%
1995 18.6% 28% 56% 57.8%
1994 18.9% 30.5% 55.9% 51.6%
1993 18.5% 31.9% 56.5% 48.2%
1992 20.8% 36.4% 54% 41.7%
1991 18.5% 43.3% 52.7% 37.8%
1990 15.9% - 51.6% 36.8%
1989 - - 48.9% 34%
1988 - - 50.1% 33.3%
1987 - - 50.7% 33.4%
1986 - - 51.3% 31.1%
1985 - - 51.9% 30.6%
1984 - - 51.2% 29%
1983 - - 50.2% 26.6%
1982 - - 49.9% 25.3%
1981 - - 48.5% 22%
1980 - - 46% 20.7%
1979 - - 44.9% 21.1%
1978 - - 44.7% 21.2%
1977 - - 21.4% 15%
1976 - - 21.7% 15.1%
1975 - - 22% 16.1%
1974 - - 19.9% 15.4%
1973 - - 19.7% 15.8%
1972 - - 19.8% 17.7%
1971 - - 20% 20.1%
1970 - - 20.5% 21%
1969 - - 21.5% 14.4%
1968 - - 22.7% 15.8%
1967 - - 21.4% 16.1%
1966 - - 21.4% 15.3%
1965 - - 21.1% 17.6%
1964 - - 21% 19.6%
1963 - - 22.6% 22.2%
1962 - - 21.7% 23.6%
1961 - - 21.9% 26.3%
1960 - - 22.2% 28.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/el-salvador/france | CC BY

In 2024, El Salvador's government spending was $11.1B, accounting for 31.4% of its GDP, while France spent $1.81T, or 57.2% of GDP.

Debt-to-GDP ratio is 87.5% in El Salvador and 113.1% in France, ranking 36/185 and 14/185, respectively.

Government deficit by year

Deficit/surplus
El Salvador

France
1x
Year Deficit/surplus, % of GDP
El Salvador France
2024 -4.55% -5.77%
2023 -4.69% -5.44%
2022 -2.68% -4.74%
2021 -5.53% -6.58%
2020 -8.18% -8.93%
2019 -3.07% -2.39%
2018 -2.71% -2.32%
2017 -2.53% -3.36%
2016 -3.1% -3.76%
2015 -3.63% -3.89%
2014 -4.02% -4.57%
2013 -4.46% -4.94%
2012 -3.81% -5.17%
2011 -4.47% -5.3%
2010 -4.97% -7.16%
2009 -6.65% -7.38%
2008 -3.8% -3.5%
2007 -2.32% -2.99%
2006 -3.42% -2.66%
2005 -3.47% -3.5%
2004 -2.76% -3.55%
2003 -4.23% -4.09%
2002 -5.5% -3.18%
2001 -4.95% -1.42%
2000 -3.45% -1.32%
1999 -3.08% -1.55%
1998 -2.94% -2.39%
1997 -1.97% -3.71%
1996 -2.7% -3.89%
1995 -0.18% -5.11%
1994 -0.94% -5.46%
1993 -1.42% -6.4%
1992 -4.29% -4.64%
1991 -2.3% -2.89%
1990 -0.61% -2.45%
1989 - -1.9%
1988 - -2.7%
1987 - -2.13%
1986 - -3.3%
1985 - -3.08%
1984 - -2.8%
1983 - -2.58%
1982 - -2.91%
1981 - -2.39%
1980 - -0.27%
1979 - -0.36%
1978 - -1.73%
1977 - 0.9%
1976 - 1.01%
1975 - -0.28%
1974 - 3.05%
1973 - 1.97%
1972 - 1.94%
1971 - -0.13%
1970 - 0.02%
1969 - -0.49%
1968 - -2.54%
1967 - -0.8%
1966 - -0.57%
1965 - -0.07%
1964 - -0.25%
1963 - -2.24%
1962 - -1.53%
1961 - -1.36%
1960 - -1.95%
1959 - 0.56%
1958 - 0.08%
1957 - -1.99%
1956 - -2.62%
1955 - -1.04%
1954 - -0.78%
1953 - -4.79%
1952 - -6.82%
1951 - -4.42%
1950 - -5.56%
1949 - -7.31%
1948 - -9.11%
1947 - -7.6%
1946 - -8.1%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -6.89%
1936 - -4.76%
1935 - -4.22%
1934 - -4.31%
1933 - -4.96%
1932 - -1.86%
1931 - -2.06%
1930 - -1.65%
1929 - 1.48%
1928 - 1.13%
1927 - -0.04%
1926 - -0.02%
1925 - -0.87%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.05%
1912 - 0.23%
1911 - 0.31%
1910 - -0.12%
1909 - -0.11%
1908 - -0.15%
1907 - 0.23%
1906 - -0.04%
1905 - 0.18%
1904 - 0.3%
1903 - 0.21%
1902 - -0.37%
1901 - -0.39%
1900 - 0.21%
1899 - 0.21%
1898 - 0.29%
1897 - 0.01%
1896 - -0.03%
1895 - -0.07%
1894 - -0.08%
1893 - -0.3%
1892 - -0.03%
1891 - 0.36%
1890 - 0.31%
1889 - 0.09%
1888 - 0.18%
1887 - -0.07%
1886 - -0.5%
1885 - -0.59%
1884 - -0.35%
1883 - -0.23%
1882 - -0.15%
1881 - 0.64%
1880 - 0.65%

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/el-salvador/france | CC BY

In 2024, El Salvador's government deficit, the difference between spending and revenue, was $1.61B, equivalent to 4.55% of GDP. This compares to France's deficit of $182B, or 5.77% of GDP.

Over the past 35 years, El Salvador recorded a fiscal deficit in 35 of those years, while France ran a deficit in 35 years. On average, El Salvador posted an annual deficit equal to 3.52% of GDP, compared to deficit of 4.18% of GDP for France.

Inflation comparison by year

Inflation
El Salvador

France
1x
Year Consumer prices inflation
El Salvador France
2024 0.85% 2%
2023 4.05% 4.88%
2022 7.2% 5.22%
2021 3.47% 1.64%
2020 -0.37% 0.48%
2019 0.08% 1.11%
2018 1.09% 1.85%
2017 1.01% 1.03%
2016 0.6% 0.18%
2015 -0.73% 0.04%
2014 1.14% 0.51%
2013 0.76% 0.86%
2012 1.73% 1.95%
2011 5.13% 2.11%
2010 1.18% 1.53%
2009 1.06% 0.09%
2008 6.71% 2.81%
2007 4.58% 1.49%
2006 4.04% 1.68%
2005 4.69% 1.75%
2004 4.45% 2.14%
2003 2.12% 2.1%
2002 1.87% 1.92%
2001 3.75% 1.63%
2000 2.27% 1.68%
1999 0.51% 0.54%
1998 2.55% 0.65%
1997 4.49% 1.2%

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

GeoRank.org/economy/el-salvador/france | CC BY

Over the past 28 years, El Salvador has recorded an average annual inflation rate of 2.51%, compared with 1.61% in France. In 2024, inflation was 0.85% in El Salvador and 2% in France.

Top exports between countries

El Salvador
Export category Export value
Processed food, beverages & tobacco $6.39M
Raw agricultural goods $2.64M
Textiles & consumer goods $2.16M
Chemicals & pharma $640K
Machinery & equipment $79K
Precious metals & jewellery $18K
Wood & paper products $14K
Animal & marine products $8K
Raw materials & minerals $8K
Metals $7K
France
Export category Export value
Machinery & equipment $245M
Chemicals & pharma $22.9M
Raw materials & minerals $5.97M
Processed food, beverages & tobacco $3.04M
Textiles & consumer goods $2.63M
Animal & marine products $1.4M
Raw agricultural goods $767K
Metals $626K
Wood & paper products $446K
Miscellaneous $158K

Balance of trade

El Salvador France
Current account balance
-$633M
2024
$2.69B
2024
Current account balance ranking
110/190
2024
42/190
2024
Current account balance, % of GDP
-1.79%
2024
+0.09%
2024
Goods imports
$15.1B
2024
$733B
2024
Goods exports
$5.59B
2024
$668B
2024
Service imports
$3.26B
2024
$341B
2024
Service exports
$6B
2024
$403B
2024
Imports of goods and services, % of GDP
51.9%
2024
34.2%
2024
Exports of goods and services, % of GDP
32.8%
2024
33.9%
2024

Economic freedom indices

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

El Salvador France
Economic freedom 57.7 64.6
Economic freedom ranking 114/197 72/197
Property rights 42.7 91.2
Government integrity 31.5 73.4
Judicial effectiveness 15.3 84.7
Tax burden 76.8 54.6
Government spending 72.7 0.9
Fiscal health 59.4 34.8
Business freedom 65.7 78.4
Labor freedom 51.6 59.1
Monetary freedom 70.6 73.2
Trade freedom 76.4 79.4
Investment freedom 70 75
Financial freedom 60 70

Economic freedom comparison by year

El Salvador
France
1x
Year Economic freedom index
El Salvador France
2026 57.7 64.6
2025 56.6 64.4
2024 54.4 62.5
2023 56 63.6
2022 59.6 65.9
2021 61 65.7
2020 61.6 66
2019 61.8 63.8
2018 63.2 63.9
2017 64.1 63.3
2016 65.1 62.3
2015 65.7 62.5
2014 66.2 63.5
2013 66.7 64.1
2012 68.7 63.2
2011 68.8 64.6
2010 69.9 64.2
2009 69.8 63.3
2008 68.5 64.7
2007 68.9 62.1
2006 69.6 61.1
2005 71.5 60.5
2004 71.2 60.9
2003 71.5 59.2
2002 73 58
2001 73 58
2000 76.3 57.4
1999 75.1 59.1
1998 70.2 58.9
1997 70.5 59.1
1996 70.1 63.7
1995 69.1 64.4

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

GeoRank.org/economy/el-salvador/france | CC BY

The Economic Freedom Index for El Salvador is 57.7, ranking 114/197, compared to 64.6 for France, ranking 72/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

El Salvador France
Services, % of GDP
61%
2024
70.9%
2024
Industry, % of GDP
22.4%
2024
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
4.38%
2024
1.3%
2024
GNI, Atlas method
$32.5B
2024
$3.1T
2024
GNI per capita, PPP
$12,420
2024
$63,880
2024
Total reserves including gold
$3.7B
2024
$283B
2024
Total reserves ranking
110/177
2024
13/177
2024
Net foreign direct investment
-$636M
2024
-$10.3B
2024
Net inflows of foreign direct investment
$924M
2024
$52.1B
2024
Net outflows of foreign direct investment
$288M
2024
$41.7B
2024
Servicing debt to the IMF, % of GNI
35%
2024
n/a
Poverty at national poverty lines
27.2%
2023
15.6%
2021
Gross capital formation, % of GDP
20.3%
2024
21.5%
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/el-salvador/france | 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)
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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.