Skip to content

Economy of Eswatini vs Mexico compared: GDP & Debt

Updated on by Georank team

Eswatini has a GDP of $4.86B compared to $1.86T for Mexico, ranking 162/197 and 13/197 by economy size, respectively.

Eswatini has $1.93B in government debt (39.8% of GDP), compared to $1.08T (58.3% of GDP) in Mexico.

Eswatini vs Mexico GDP by year

Eswatini
Mexico
1x
Year GDP, current $
Eswatini Mexico
2024 $4,858,885,841 $1,856,365,616,166
2023 $4,621,191,262 $1,798,317,581,487
2022 $4,746,660,274 $1,466,934,724,293
2021 $4,807,069,277 $1,316,569,466,686
2020 $4,134,677,810 $1,121,064,767,308
2019 $4,617,018,959 $1,304,106,203,902
2018 $4,643,751,059 $1,256,300,182,880
2017 $4,462,640,651 $1,190,721,475,906
2016 $3,722,306,117 $1,112,233,497,453
2015 $3,908,217,914 $1,213,294,467,717
2014 $4,285,065,665 $1,364,507,717,614
2013 $4,463,396,204 $1,327,436,290,283
2012 $4,747,813,067 $1,255,110,424,818
2011 $4,722,912,047 $1,229,013,703,417
2010 $4,360,714,359 $1,105,424,238,731
2009 $3,525,213,502 $943,437,415,025
2008 $3,235,921,171 $1,161,553,459,715
2007 $3,391,122,887 $1,102,355,554,972
2006 $3,215,307,901 $1,020,265,057,882
2005 $3,097,946,371 $917,571,853,529
2004 $2,710,331,785 $819,459,227,375
2003 $2,149,632,433 $765,549,967,703
2002 $1,393,945,031 $810,666,116,402
2001 $1,502,870,486 $796,064,590,549
2000 $1,697,161,558 $742,061,329,749
1999 $1,547,888,496 $631,249,359,702
1998 $1,576,908,856 $557,461,102,631
1997 $1,716,714,070 $523,449,530,464
1996 $1,602,741,834 $432,157,945,024
1995 $1,698,989,464 $380,157,469,867
1994 $1,419,294,254 $553,618,247,901
1993 $1,357,189,552 $530,160,763,663
1992 $1,284,759,928 $363,157,832,924
1991 $1,156,135,718 $313,139,656,146
1990 $1,114,694,041 $261,253,675,693
1989 $696,921,542 $221,403,098,267
1988 $692,026,455 $181,611,150,497
1987 $584,126,092 $147,542,558,209
1986 $449,140,318 $134,556,034,673
1985 $360,079,419 $195,241,069,482
1984 $494,483,409 $184,230,754,105
1983 $555,336,146 $156,167,000,433
1982 $537,568,059 $184,602,611,610
1981 $570,774,825 $263,797,827,860
1980 $541,976,853 $205,577,055,466
1979 $412,093,134 $134,531,900,899
1978 $340,630,085 $102,648,570,299
1977 $304,060,076 $81,912,018,784
1976 $272,550,068 $88,875,923,765
1975 $288,299,789 $88,000,000,000
1974 $264,320,941 $72,000,000,000
1973 $221,915,128 $55,280,000,000
1972 $146,736,479 $45,200,000,000
1971 $136,462,081 $39,200,000,000
1970 $112,139,955 $35,520,000,000
1969 $105,419,958 $32,480,000,000
1968 $79,799,968 $29,360,000,000
1967 $74,759,970 $26,560,000,000
1966 $76,859,969 $24,320,000,000
1965 $70,279,972 $21,840,000,000
1964 $64,980,554 $20,080,000,000
1963 $54,129,438 $16,960,000,000
1962 $45,927,962 $15,200,000,000
1961 $43,026,043 $14,160,000,000
1960 $35,076,846 $13,040,000,000

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

GeoRank.org/economy/eswatini/mexico | CC BY

GDP per capita in Eswatini vs Mexico by year

Eswatini
GDP per capita

GDP per capita, PPP
Mexico
GDP per capita

GDP per capita, PPP
1x
Year Current $
Eswatini Mexico
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,910 $11,799 $14,186 $26,185
2023 $3,756 $11,300 $13,861 $25,243
2022 $3,894 $10,635 $11,406 $23,135
2021 $3,984 $9,990 $10,314 $20,783
2020 $3,467 $9,329 $8,841 $19,354
2019 $3,913 $9,248 $10,370 $20,964
2018 $3,973 $8,535 $10,085 $20,921
2017 $3,853 $8,584 $9,649 $20,489
2016 $3,238 $8,484 $9,098 $20,105
2015 $3,420 $8,391 $10,021 $19,071
2014 $3,771 $8,366 $11,391 $18,821
2013 $3,950 $8,231 $11,217 $18,170
2012 $4,225 $7,760 $10,744 $18,005
2011 $4,225 $7,571 $10,664 $17,267
2010 $3,923 $7,324 $9,729 $15,909
2009 $3,190 $7,011 $8,424 $15,191
2008 $2,947 $6,914 $10,524 $15,681
2007 $3,109 $6,732 $10,134 $15,032
2006 $2,965 $6,319 $9,513 $14,540
2005 $2,871 $5,773 $8,672 $13,260
2004 $2,526 $5,310 $7,850 $12,658
2003 $2,015 $5,020 $7,434 $12,066
2002 $1,316 $4,742 $7,983 $11,762
2001 $1,430 $4,521 $7,953 $11,739
2000 $1,630 $4,401 $7,524 $11,705
1999 $1,502 $4,272 $6,500 $11,031
1998 $1,547 $4,137 $5,833 $10,756
1997 $1,705 $4,038 $5,567 $10,182
1996 $1,619 $3,916 $4,674 $9,496
1995 $1,751 $3,777 $4,184 $8,933
1994 $1,461 $3,526 $6,202 $9,466
1993 $1,397 $3,371 $6,048 $9,041
1992 $1,362 $3,289 $4,221 $9,470
1991 $1,273 $3,236 $3,709 $9,079
1990 $1,278 $3,202 $3,154 $8,578
1989 $832 - $2,725 -
1988 $865 - $2,279 -
1987 $765 - $1,888 -
1986 $611 - $1,757 -
1985 $510 - $2,602 -
1984 $726 - $2,506 -
1983 $843 - $2,170 -
1982 $843 - $2,621 -
1981 $925 - $3,829 -
1980 $908 - $3,055 -
1979 $714 - $2,049 -
1978 $610 - $1,604 -
1977 $563 - $1,315 -
1976 $521 - $1,465 -
1975 $568 - $1,492 -
1974 $536 - $1,256 -
1973 $463 - $993 -
1972 $315 - $837 -
1971 $301 - $748 -
1970 $254.2 - $699 -
1969 $245.2 - $660 -
1968 $190.4 - $616 -
1967 $182.8 - $576 -
1966 $192.7 - $545 -
1965 $181 - $506 -
1964 $171.6 - $481 -
1963 $146.4 - $420 -
1962 $127.1 - $388 -
1961 $121.8 - $374 -
1960 $101.6 - $355 -

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

GeoRank.org/economy/eswatini/mexico | CC BY

Eswatini's GDP per capita is $3,910, ranking 131/197, compared to $14,186 in Mexico, ranking 69/197. Adjusted for purchasing power (GDP per capita PPP), Eswatini ranks 126th at $11,799, while Mexico ranks 80th at $26,185.

Economic indicators

Eswatini Mexico
Gross domestic product
$4.86B
2024
$1.86T
2024
GDP rank
162/197
2024
13/197
2024
GDP growth
2.97%
2023-2024
1.43%
2023-2024
GDP per capita
$3,910
2024
$14,186
2024
GDP per capita rank
131/197
2024
69/197
2024
GDP per capita, PPP
$11,799
2024
$26,185
2024
GDP per capita PPP rank
126/197
2024
80/197
2024
Government debt
$1.93B
2024
$1.08T
2024
Debt-to-GDP ratio
39.8%
2024
58.3%
2024
Government debt per person
$1,554
2024
$8,272
2024
Government debt per person rank
130/185
2024
63/185
2024
Average annual personal income after taxes
$3,913
2026
$10,231
2026
Market capitalization of domestic companies
$234M
2007
$418B
2024
Number of millionaires n/a
399,000
2025
Number of billionaires
1
2025
22
2025
Income share by richest 10%
42.7%
2016
34.4%
2022
Income share by poorest 10%
1.4%
2016
2.1%
2022
Government expenditure, % of GDP
33.3%
2024
30.3%
2024
Consumer prices inflation
2.6%
2018-2019
4.72%
2023-2024
Central bank interest rate
6.75%
2025
7%
2025
Unemployment rate
34.6%
2023
2.62%
2024
Population
1273390
133323134

Spending and national debt comparison by year

Eswatini
Spending

Debt
Mexico
Spending

Debt
1x
Year % of GDP
Eswatini Mexico
Government spending Government debt Government spending Government debt
2024 33.3% 39.8% 30.3% 58.3%
2023 32% 40% 28.5% 52.6%
2022 29.6% 40.5% 28.5% 53.8%
2021 30.1% 38.4% 26.7% 56.7%
2020 32.7% 38.2% 27.8% 58.5%
2019 32.9% 30.7% 25.3% 51.9%
2018 32.2% 27% 25% 52.2%
2017 33.9% 21.9% 25% 52.5%
2016 34.7% 20.5% 26.5% 55%
2015 35.3% 16.4% 26.6% 51%
2014 33.3% 14.3% 26.9% 47.1%
2013 29.4% 15.5% 26.7% 44.1%
2012 27.8% 15.2% 27% 40.8%
2011 26% 15.1% 26.6% 41.2%
2010 31.6% 14.5% 26.5% 40.2%
2009 34.5% 10.8% 26.5% 41.7%
2008 34.4% 15% 26.5% 40.6%
2007 31.2% 16.6% 22.5% 35.5%
2006 28.2% 15% 21.6% 35.8%
2005 29.7% 13.9% 21.2% 36.8%
2004 32% 15.5% 20.5% 38.9%
2003 26.4% 18% 21.5% 42.1%
2002 27.2% 17.6% 19.8% 39.9%
2001 26.4% 22.4% 19.5% 37.3%
2000 25.3% 18.7% 19.4% 38.5%
1999 26.5% 17.2% 20.1% 41.7%
1998 22.5% 15.9% 19.5% 39.7%
1997 21.2% 13% 20.7% 39.1%
1996 23.3% 12% 20.8% 42.5%
1995 20.5% 12.9% 18.9% 30.7%
1994 24.7% 13.8% 18.9% 26.8%
1993 24% 15.6% 18.2% 19.2%
1992 26% 16.6% 19% 21.5%
1991 20.3% 20.1% 20.1% 29.2%
1990 18.7% 20.4% 22.9% 35.7%
1989 15.8% 26.8% 19.2% 36%
1988 15.6% 27.5% 23.6% 36.5%
1987 17% 36.1% 26.7% 52.7%
1986 19.8% 44% 25.1% 47.8%
1985 22.3% 45.5% 21.4% 30.4%
1984 22.2% 29.7% 19.8% 25.2%
1983 23.2% 28.7% 21.6% 25.3%
1982 24% 29.2% 24.7% 29.8%
1981 23.8% 24.3% 20.1% 41.7%
1980 19.6% 27.2% 17.5% 31.4%
1979 - - 16.5% 35.8%
1978 - - 15.7% 39%
1977 - - 15.5% 41.5%
1976 - - 15.5% 31.3%
1975 - - 14.7% 24.4%
1974 - - 13.8% 21.7%
1973 - - 12.7% 20%
1972 - - 11.9% 17.9%
1971 - - 10.6% 17%
1970 - - 10.9% 17.1%
1969 - - 11.8% 10.7%
1968 - - 10.9% 7.85%
1967 - - 10.4% 8.22%
1966 - - 11.6% 5.14%
1965 - - 10.7% 9.99%
1964 - - 9.21% 6.22%
1963 - - 8.51% 4.13%
1962 - - 8.26% 4.2%
1961 - - 8.01% 4.38%
1960 - - 9.5% 4.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/eswatini/mexico | CC BY

In 2024, Eswatini's government spending was $1.62B, accounting for 33.3% of its GDP, while Mexico spent $563B, or 30.3% of GDP.

Debt-to-GDP ratio is 39.8% in Eswatini and 58.3% in Mexico, ranking 134/185 and 84/185, respectively.

Government deficit by year

Deficit/surplus
Eswatini

Mexico
1x
Year Deficit/surplus, % of GDP
Eswatini Mexico
2024 -1.36% -5.73%
2023 -0.67% -4.29%
2022 -5.4% -4.32%
2021 -4.68% -3.75%
2020 -4.27% -4.29%
2019 -6.26% -2.27%
2018 -6.72% -2.14%
2017 -5.68% -1.03%
2016 -8.54% -2.68%
2015 -6.03% -3.86%
2014 -1.18% -4.37%
2013 0.59% -3.56%
2012 3.48% -3.57%
2011 -4.02% -3.2%
2010 -9.52% -3.8%
2009 -3.06% -3.94%
2008 1.63% -0.68%
2007 2.44% -1.46%
2006 8.88% -1.23%
2005 -1.7% -1.43%
2004 -4.1% -1.35%
2003 -2.15% -2.24%
2002 -3.78% -2.18%
2001 -2.31% -2.57%
2000 -1.22% -2.69%
1999 -1.27% -4.49%
1998 1.07% -4.49%
1997 2.11% -3.48%
1996 -1% -3.66%
1995 0.9% -2.28%
1994 -3.61% -2.25%
1993 -3.29% -1.51%
1992 -2.9% 2.26%
1991 3.4% 1.49%
1990 5.61% -3.11%
1989 5.82% -4.75%
1988 3.23% -8.76%
1987 2.03% -11.6%
1986 -2.41% -11.2%
1985 -1.33% -7.2%
1984 1.25% -5.79%
1983 -0.6% -6.03%
1982 0.11% -11.4%
1981 -4.29% -4.9%
1980 6.55% -1.75%
1979 - -2.15%
1978 - -1.88%
1977 - -2.43%
1976 - -3.14%
1975 - -2.64%
1974 - -3.33%
1973 - -2.75%
1972 - -2.3%
1971 - -1.43%
1970 - -1.71%
1969 - -2.74%
1968 - -2.06%
1967 - -2.12%
1966 - -3.2%
1965 - -2.51%
1964 - -1.44%
1963 - -0.92%
1962 - -0.79%
1961 - -0.88%
1960 - -1.36%
1959 - -0.73%
1958 - 0.24%
1957 - -0.03%
1956 - 0.52%
1955 - 0.6%
1954 - -0.94%
1953 - -0.58%
1952 - 0.42%
1951 - -0.26%
1950 - -0.2%
1949 - 0.44%
1948 - -1.55%
1947 - -0.93%
1946 - 0.66%
1945 - -1.11%
1944 - -1.12%
1943 - 0.05%
1942 - -0.93%
1941 - -0.26%
1940 - -0.4%
1939 - -0.06%
1938 - -0.91%
1937 - -0.41%
1936 - -0.39%
1935 - 0.26%
1934 - 0.72%
1933 - -0.58%
1932 - 0%
1931 - 0.71%
1930 - 0.21%
1929 - 0.95%
1928 - 0.24%
1927 - -0.3%
1926 - -0.29%
1925 - 0.46%
1924 - 1.34%
1923 - 1.02%
1922 - 1.13%
1921 - 0.64%
1920 - 0.91%
1919 - 0.41%
1918 - -0.19%
1917 - 0.63%
1916 - -
1915 - -
1914 - -
1913 - 0.28%
1912 - -0.79%
1911 - -0.31%
1910 - 0.1%
1909 - 0.15%
1908 - -0.08%
1907 - 0.43%
1906 - 0.72%
1905 - 0.35%
1904 - 1.09%
1903 - 3.82%
1902 - 0.42%
1901 - 0.62%
1900 - 0.76%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/eswatini/mexico | CC BY

In 2024, Eswatini's government deficit, the difference between spending and revenue, was $66.2M, equivalent to 1.36% of GDP. This compares to Mexico's deficit of $106B, or 5.73% of GDP.

Over the past 45 years, Eswatini recorded a fiscal deficit in 29 of those years, while Mexico ran a deficit in 43 years. On average, Eswatini posted an annual deficit equal to 1.21% of GDP, compared to deficit of 3.72% of GDP for Mexico.

Inflation comparison by year

Inflation
Eswatini

Mexico
1x
Year Consumer prices inflation
Eswatini Mexico
2024 - 4.72%
2023 - 5.53%
2022 - 7.9%
2021 - 5.69%
2020 - 3.4%
2019 2.6% 3.64%
2018 4.82% 4.9%
2017 6.22% 6.04%
2016 7.85% 2.82%
2015 4.95% 2.72%
2014 5.68% 4.02%
2013 5.62% 3.81%
2012 8.94% 4.11%
2011 6.11% 3.41%
2010 4.51% 4.16%
2009 7.45% 5.3%
2008 12.7% 5.12%
2007 8.08% 3.97%
2006 5.3% 3.63%
2005 4.77% 3.99%
2004 3.45% 4.69%
2003 7.29% 4.55%
2002 12% 5.03%
2001 5.94% 6.37%
2000 12.2% 9.49%
1999 6.09% 16.6%
1998 8.11% 15.9%
1997 7.13% 20.6%

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

GeoRank.org/economy/eswatini/mexico | CC BY

Over the past 23 years, Eswatini has recorded an average annual inflation rate of 6.86%, compared with 6.3% in Mexico. In 2019, inflation was 2.6% in Eswatini and 4.72% in Mexico.

Top exports between countries

Eswatini
Export category Export value
Processed food, beverages & tobacco $200K
Machinery & equipment $1K
Miscellaneous $1K
Raw agricultural goods $1K
Mexico
Export category Export value
Machinery & equipment $139K

Balance of trade

Eswatini Mexico
Current account balance
$78.3M
2024
-$16.7B
2024
Current account balance ranking
69/190
2024
181/190
2024
Current account balance, % of GDP
+1.61%
2024
-0.9%
2024
Goods imports
$2.07B
2024
$637B
2024
Goods exports
$2.33B
2024
$618B
2024
Service imports
$542M
2024
$72B
2024
Service exports
$234M
2024
$63B
2024
Imports of goods and services, % of GDP
53.7%
2024
37.9%
2024
Exports of goods and services, % of GDP
53.8%
2024
36.7%
2024

Economic freedom indices

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

Eswatini Mexico
Economic freedom 57.5 59.8
Economic freedom ranking 116/197 102/197
Property rights 42.5 37.6
Government integrity 29.7 28.8
Judicial effectiveness 35.5 40.4
Tax burden 78.6 75.4
Government spending 71 74.6
Fiscal health 87.5 56.7
Business freedom 49.9 67
Labor freedom 55.2 57.3
Monetary freedom 76.8 70.6
Trade freedom 73.6 74.2
Investment freedom 50 75
Financial freedom 40 60

Economic freedom comparison by year

Eswatini
Mexico
1x
Year Economic freedom index
Eswatini Mexico
2026 57.5 59.8
2025 56.4 61.3
2024 55.6 62
2023 54.9 63.2
2022 51.4 63.7
2021 55.1 65.5
2020 55.3 66
2019 54.7 64.7
2018 55.9 64.8
2017 61.1 63.6
2016 59.7 65.2
2015 59.9 66.4
2014 61.2 66.8
2013 57.2 67
2012 57.2 65.3
2011 59.1 67.8
2010 57.4 68.3
2009 59.1 65.8
2008 58.4 66.2
2007 60.1 66
2006 61.4 64.7
2005 59.4 65.2
2004 58.6 66
2003 59.6 65.3
2002 60.9 63
2001 63.6 60.6
2000 62.6 59.3
1999 62.1 58.5
1998 62 57.9
1997 59.4 57.1
1996 58.6 61.2
1995 63.3 63.1

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

GeoRank.org/economy/eswatini/mexico | CC BY

The Economic Freedom Index for Eswatini is 57.5, ranking 116/197, compared to 59.8 for Mexico, ranking 102/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Eswatini Mexico
Services, % of GDP
51.4%
2024
58.1%
2024
Industry, % of GDP
34.7%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
6.48%
2024
3.72%
2024
GNI, Atlas method
$4.46B
2024
$1.68T
2024
GNI per capita, PPP
$10,760
2024
$25,460
2024
Total reserves including gold
$479M
2023
$232B
2024
Total reserves ranking
159/177
2023
16/177
2024
Net foreign direct investment
-$11.8M
2024
-$32.3B
2024
Net inflows of foreign direct investment
$75.5M
2024
$45.5B
2024
Net outflows of foreign direct investment
$63.8M
2024
$13B
2024
Servicing debt to the IMF, % of GNI
4.68%
2024
3.71%
2024
Poverty at national poverty lines
58.9%
2016
29.6%
2024
Gross capital formation, % of GDP
15%
2024
24.1%
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/eswatini/mexico | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1995, 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 (2020–2023, 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.