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Economy of Fiji vs Finland compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $317B for Finland, ranking 161/197 and 48/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $283B (89.3% of GDP) in Finland.

Fiji vs Finland GDP by year

Fiji
Finland
1x
Year GDP, current $
Fiji Finland
2025 $6,198,013,062 $317,039,368,820
2024 $5,968,125,909 $298,729,432,712
2023 $5,476,673,518 $295,191,741,637
2022 $4,977,861,886 $280,253,099,309
2021 $4,158,873,156 $294,223,210,496
2020 $4,227,719,873 $270,000,311,606
2019 $5,344,907,153 $267,014,821,129
2018 $5,581,425,327 $273,869,255,596
2017 $5,353,469,174 $253,846,138,440
2016 $4,930,213,644 $238,777,818,793
2015 $4,682,479,894 $233,210,733,506
2014 $4,857,104,769 $273,478,528,955
2013 $4,189,967,999 $270,268,036,626
2012 $3,972,028,104 $257,443,384,493
2011 $3,779,411,899 $275,126,915,516
2010 $3,140,166,713 $249,429,613,683
2009 $2,870,624,636 $253,480,783,439
2008 $3,523,185,920 $285,698,662,071
2007 $3,378,314,600 $256,360,251,538
2006 $3,076,305,453 $217,044,068,234
2005 $2,980,403,845 $204,859,368,791
2004 $2,708,078,477 $197,458,297,640
2003 $2,300,492,465 $171,612,867,736
2002 $1,833,279,985 $140,360,963,812
2001 $1,652,462,023 $129,519,672,869
2000 $1,678,219,508 $125,967,821,111
1999 $1,936,459,986 $135,234,241,918
1998 $1,653,146,717 $133,990,876,725
1997 $2,090,221,137 $126,862,902,302
1996 $2,128,696,644 $131,991,975,149
1995 $1,970,301,486 $134,060,457,516
1994 $1,825,732,093 $103,182,697,780
1993 $1,636,101,247 $89,112,105,756
1992 $1,532,411,039 $112,537,828,511
1991 $1,383,883,250 $127,794,441,994
1990 $1,337,017,559 $141,446,120,355
1989 $1,182,660,266 $118,991,270,611
1988 $1,110,009,523 $109,039,090,263
1987 $1,177,947,965 $91,564,993,913
1986 $1,290,267,340 $73,511,611,541
1985 $1,141,168,944 $55,856,676,899
1984 $1,178,000,678 $52,870,993,273
1983 $1,123,085,190 $50,956,447,481
1982 $1,194,059,943 $52,784,013,815
1981 $1,235,626,771 $52,440,066,134
1980 $1,202,618,816 $53,649,984,061
1979 $1,019,691,460 $44,469,218,440
1978 $829,267,889 $36,259,392,058
1977 $719,501,766 $33,502,784,418
1976 $694,540,806 $31,852,352,670
1975 $684,282,434 $29,475,251,333
1974 $558,587,097 $24,851,036,710
1973 $425,950,488 $19,474,098,335
1972 $316,656,649 $14,744,499,570
1971 $247,749,328 $12,528,522,307
1970 $219,878,482 $11,358,529,162
1969 $182,182,068 $10,177,524,839
1968 $166,952,937 $8,916,565,041
1967 $162,625,886 $9,468,272,357
1966 $150,603,926 $9,306,142,172
1965 $147,084,750 $8,680,393,839
1964 $140,032,741 $7,848,987,793
1963 $129,454,729 $6,958,916,548
1962 $122,906,435 $6,407,796,043
1961 $116,987,785 $5,984,433,774
1960 $112,328,422 $5,279,481,824

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/finland | CC BY

GDP per capita in Fiji vs Finland by year

Fiji
GDP per capita

GDP per capita, PPP
Finland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Finland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $56,149 -
2024 $6,426 $15,450 $53,156 $65,378
2023 $5,926 $14,644 $52,865 $63,415
2022 $5,414 $12,982 $50,441 $62,133
2021 $4,537 $10,322 $53,099 $56,790
2020 $4,621 $10,716 $48,829 $53,297
2019 $5,842 $12,978 $48,358 $52,276
2018 $6,085 $12,984 $49,654 $49,249
2017 $5,827 $12,585 $46,085 $47,235
2016 $5,364 $11,766 $43,451 $44,562
2015 $5,098 $11,519 $42,560 $42,258
2014 $5,293 $10,516 $50,074 $41,547
2013 $4,572 $8,842 $49,691 $41,326
2012 $4,341 $8,204 $47,552 $40,739
2011 $4,140 $7,672 $51,060 $40,846
2010 $3,449 $7,339 $46,506 $38,946
2009 $3,164 $7,068 $47,478 $37,988
2008 $3,900 $7,154 $53,769 $40,081
2007 $3,763 $6,990 $48,473 $37,843
2006 $3,455 $6,921 $41,214 $34,440
2005 $3,378 $6,652 $39,050 $32,048
2004 $3,097 $6,463 $37,768 $31,195
2003 $2,656 $6,033 $32,920 $29,043
2002 $2,137 $5,914 $26,989 $28,596
2001 $1,945 $5,699 $24,965 $27,798
2000 $1,996 $5,521 $24,336 $26,783
1999 $2,328 $5,552 $26,180 $24,762
1998 $2,010 $5,090 $26,000 $23,570
1997 $2,574 $5,031 $24,682 $21,787
1996 $2,648 $5,109 $25,757 $20,067
1995 $2,467 $4,818 $26,246 $19,568
1994 $2,297 $4,627 $20,278 $18,458
1993 $2,070 $4,334 $17,589 $17,458
1992 $1,951 $4,172 $22,320 $17,271
1991 $1,775 $3,873 $25,489 $17,563
1990 $1,729 $3,882 $28,366 $18,149
1989 $1,543 - $23,969 -
1988 $1,463 - $22,044 -
1987 $1,569 - $18,565 -
1986 $1,745 - $14,947 -
1985 $1,577 - $11,394 -
1984 $1,667 - $10,830 -
1983 $1,628 - $10,494 -
1982 $1,773 - $10,935 -
1981 $1,879 - $10,925 -
1980 $1,873 - $11,225 -
1979 $1,627 - $9,333 -
1978 $1,355 - $7,629 -
1977 $1,204 - $7,070 -
1976 $1,186 - $6,740 -
1975 $1,188 - $6,256 -
1974 $984 - $5,298 -
1973 $762 - $4,174 -
1972 $575 - $3,178 -
1971 $458 - $2,716 -
1970 $414 - $2,466 -
1969 $350 - $2,201 -
1968 $327 - $1,927 -
1967 $326 - $2,056 -
1966 $310 - $2,032 -
1965 $311 - $1,902 -
1964 $306 - $1,726 -
1963 $291.4 - $1,538 -
1962 $285.5 - $1,427 -
1961 $280.3 - $1,341 -
1960 $277.4 - $1,192 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/finland | CC BY

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $56,149 in Finland, ranking 22/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Finland ranks 27th at $65,378.

Economic indicators

Fiji Finland
Gross domestic product
$6.2B
2025
$317B
2025
GDP rank
161/197
2025
48/197
2025
GDP growth
3.2%
2024-2025
0.17%
2024-2025
GDP per capita
$6,642
2025
$56,149
2025
GDP per capita rank
106/197
2025
22/197
2025
GDP per capita, PPP
$15,450
2024
$65,378
2024
GDP per capita PPP rank
113/197
2024
27/197
2024
Government debt
$4.88B
2025
$283B
2025
Debt-to-GDP ratio
78.7%
2025
89.3%
2025
Government debt per person
$5,227
2025
$50,138
2025
Government debt per person rank
82/185
2025
11/185
2025
Average annual personal income after taxes
$4,553
2026
$36,402
2026
Market capitalization of domestic companies n/a
$20.3B
2004
Number of billionaires n/a
7
2026
Income share by richest 10%
24.2%
2019
22.5%
2023
Income share by poorest 10%
3.5%
2019
3.7%
2023
Government expenditure, % of GDP
31.5%
2025
57.6%
2025
Consumer prices inflation
-1.38%
2024-2025
0.34%
2024-2025
Central bank interest rate
0.25%
2020
n/a
Unemployment rate
5.36%
2024
9.7%
2025
Population
939479
5647947

Spending and national debt comparison by year

Fiji
Spending

Debt
Finland
Spending

Debt
1x
Year % of GDP
Fiji Finland
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 57.6% 89.3%
2024 30.8% 79.1% 57.8% 82.4%
2023 30.2% 82.9% 56% 77%
2022 33.9% 91.5% 52.6% 74%
2021 35.8% 86.7% 55.2% 73.1%
2020 32.7% 65.8% 56.5% 75.3%
2019 30.7% 49.5% 52.6% 65.3%
2018 32.5% 45.8% 52.7% 65.3%
2017 28.1% 43.4% 52.8% 66.6%
2016 32.1% 44.6% 55.1% 68.6%
2015 30.6% 44.3% 55.7% 68.8%
2014 30.2% 46.2% 57.6% 64.8%
2013 25.9% 47.4% 57.1% 60.8%
2012 26% 48.6% 55.7% 57.9%
2011 26.5% 51% 53.8% 52%
2010 25.5% 53.4% 54% 50.1%
2009 26.2% 51.5% 54.1% 41.5%
2008 22.8% 47.9% 47.9% 32.6%
2007 23.5% 46.4% 46.7% 33.9%
2006 25.4% 50.3% 48.3% 38%
2005 24% 45.3% 49.2% 39.9%
2004 24.7% 45.9% 48.2% 42.6%
2003 26.7% 46.4% 48.3% 42.7%
2002 28.1% 44.5% 47.5% 40.1%
2001 27% 41.9% 46.2% 40.9%
2000 24.2% 35.9% 46.9% 42.4%
1999 24.6% 34.7% 49.9% 44%
1998 27.7% 37.9% 51.3% 46.8%
1997 29.2% 54.4% 54.9% 52.2%
1996 27.2% 50.3% 58.5% 55.4%
1995 23.5% 49.1% 60% 55.2%
1994 24.9% 48.8% 62.2% 56.2%
1993 26.7% 45.9% 63.7% 54.2%
1992 27.1% 44.3% 60.8% 39.3%
1991 - - 55.8% 21.9%
1990 - - 47.1% 13.9%
1989 - - 44.4% 14.3%
1988 - - 46.4% 16.5%
1987 - - 47.8% 17.6%
1986 - - 46.9% 16.4%
1985 - - 46.3% 15.8%
1984 - - 44.4% 15.2%
1983 - - 44.4% 15.4%
1982 - - 42.7% 13.9%
1981 - - 41% 11.5%
1980 - - 40.1% 10.9%
1979 - - 40.3% 11%
1978 - - 41.3% 10.7%
1977 - - 41.7% 8.22%
1976 - - 39.8% 7.09%
1975 - - 38.6% 6.76%
1974 - - 22.9% 2.97%
1973 - - 21.8% 4.42%
1972 - - 20.4% 6.46%
1971 - - 22.8% 7.94%
1970 - - 21.9% 9.19%
1969 - - 22.2% 10.8%
1968 - - 25.5% 13.9%
1967 - - 23.5% 14.2%
1966 - - 23.3% 13.7%
1965 - - 23.2% 13%
1964 - - 22.8% 12.5%
1963 - - 21.6% 12.2%
1962 - - 23.9% 10.3%
1961 - - 22.7% 9.12%
1960 - - 22.5% 9.96%

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/fiji/finland | CC BY

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Finland spent $183B, or 57.6% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 89.3% in Finland, ranking 45/185 and 31/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Finland
1x
Year Deficit/surplus, % of GDP
Fiji Finland
2025 -2.46% -3.88%
2024 -3.44% -4.4%
2023 -7.15% -2.89%
2022 -12.3% -0.18%
2021 -14.2% -2.69%
2020 -8.34% -5.53%
2019 -3.65% -0.93%
2018 -4.82% -0.87%
2017 -2.28% -0.63%
2016 -5.7% -1.7%
2015 -3.91% -2.43%
2014 -3.48% -2.99%
2013 -0.08% -2.52%
2012 -0.68% -2.15%
2011 -0.72% -1.01%
2010 -1.29% -2.57%
2009 -2.76% -2.48%
2008 1.56% 4.18%
2007 0.36% 5.12%
2006 -0.76% 3.93%
2005 -1.18% 2.59%
2004 -0.98% 2.16%
2003 -3.46% 2.34%
2002 -3.68% 3.97%
2001 -4.5% 4.89%
2000 -1.33% 6.73%
1999 1.17% 1.6%
1998 5.4% 1.54%
1997 -4.5% -1.33%
1996 -3.46% -3.37%
1995 0.78% -5.98%
1994 -0.2% -6.41%
1993 -1.9% -8.09%
1992 -2.25% -4.88%
1991 - 0.3%
1990 - 6.63%
1989 - 6.73%
1988 - 5.09%
1987 - 1.63%
1986 - 3.83%
1985 - 3.33%
1984 - 3.23%
1983 - 1.52%
1982 - 3.06%
1981 - 5.11%
1980 - 3.7%
1979 - 3.41%
1978 - 3.83%
1977 - 6.27%
1976 - 7.65%
1975 - 4.96%
1974 - -0.03%
1973 - 1.48%
1972 - -0.18%
1971 - 0.15%
1970 - 1.06%
1969 - 0.94%
1968 - -1.69%
1967 - -0.26%
1966 - -1.08%
1965 - -1.67%
1964 - -1.35%
1963 - -2.5%
1962 - -2.37%
1961 - -3.03%
1960 - -0.52%
1959 - -0.12%
1958 - -1.73%
1957 - 0.08%
1956 - -1.14%
1955 - -1%
1954 - -0.17%
1953 - 0.02%
1952 - -1.24%
1951 - 1.1%
1950 - -0.26%
1949 - -2.77%
1948 - 1.88%
1947 - -5.99%
1946 - -15.3%
1945 - -6.35%
1944 - -21.5%
1943 - -14.2%
1942 - -16.4%
1941 - -35.8%
1940 - -36.9%
1939 - -9.76%
1938 - -1.48%
1937 - -4.44%
1936 - -3.75%
1935 - -3.81%
1934 - -2.81%
1933 - -1.63%
1932 - -2.61%
1931 - -2.32%
1930 - -1.94%
1929 - -0.78%
1928 - -2.07%
1927 - -0.32%
1926 - -2.9%
1925 - -2.92%
1924 - 0.04%
1923 - -2.3%
1922 - 0.62%
1921 - -2.59%
1920 - -2.6%
1919 - -7.49%
1918 - -11.4%
1917 - -1.27%
1916 - 1.48%
1915 - -0.29%
1914 - -1.15%
1913 - -0.25%
1912 - 0.33%
1911 - -0.14%
1910 - -0.3%
1909 - -2.64%
1908 - -1.92%
1907 - 0.24%
1906 - 0.86%
1905 - -1.28%
1904 - -1.63%
1903 - -0.3%
1902 - -1.74%
1901 - -2.13%
1900 - -0.52%
1899 - -1%
1898 - -4.55%
1897 - -0.37%
1896 - -0.56%
1895 - -1.21%
1894 - -0.62%
1893 - 0%
1892 - 0.82%
1891 - 0.16%
1890 - 0.17%
1889 - 0.18%
1888 - -0.59%
1887 - -1.46%
1886 - 0%
1885 - -1.2%
1884 - -0.2%
1883 - 0%
1882 - 0.2%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/finland | CC BY

In 2025, Fiji's government deficit, the difference between spending and revenue, was $153M, equivalent to 2.46% of GDP. This compares to Finland's deficit of $12.3B, or 3.88% of GDP.

Over the past 34 years, Fiji recorded a fiscal deficit in 29 of those years, while Finland ran a deficit in 23 years. On average, Fiji posted an annual deficit equal to 2.83% of GDP, compared to deficit of 0.91% of GDP for Finland.

Inflation comparison by year

Inflation
Fiji

Finland
1x
Year Consumer prices inflation
Fiji Finland
2025 -1.38% 0.34%
2024 3.89% 1.57%
2023 2.98% 6.25%
2022 6.08% 7.12%
2021 1.53% 2.19%
2020 -1.7% 0.29%
2019 1.79% 1.02%
2018 4.08% 1.08%
2017 3.35% 0.75%
2016 3.86% 0.36%
2015 1.37% -0.21%
2014 0.52% 1.04%
2013 2.91% 1.48%
2012 3.42% 2.81%
2011 7.28% 3.42%
2010 3.69% 1.18%
2009 3.13% -0%
2008 7.73% 4.07%
2007 4.8% 2.51%
2006 2.49% 1.57%
2005 2.37% 0.62%
2004 2.83% 0.19%
2003 4.17% 0.88%
2002 0.76% 1.57%
2001 4.27% 2.58%
2000 1.09% 3.04%
1999 1.97% 1.16%
1998 5.71% 1.4%
1997 3.37% 1.19%

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

GeoRank.org/economy/fiji/finland | CC BY

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 1.78% in Finland. In 2025, inflation was -1.38% in Fiji and 0.34% in Finland.

Top exports between countries

Fiji
Export category Export value
Processed food, beverages & tobacco $184K
Raw agricultural goods $14K
Miscellaneous $4K
Finland
Export category Export value
Machinery & equipment $29.5M
Metals $49K
Raw agricultural goods $12K
Textiles & consumer goods $7K
Raw materials & minerals $2K

Balance of trade

Fiji Finland
Current account balance
-$464M
2024
$4.23B
2025
Current account balance ranking
104/190
2024
33/190
2025
Current account balance, % of GDP
-7.78%
2024
+1.34%
2025
Goods imports
$2.86B
2024
$81.3B
2025
Goods exports
$1.13B
2024
$90.7B
2025
Service imports
$996M
2024
$48.9B
2025
Service exports
$2.12B
2024
$43.6B
2025
Imports of goods and services, % of GDP
64.6%
2024
41.1%
2025
Exports of goods and services, % of GDP
54.4%
2024
42.3%
2025

Economic freedom indices

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

Fiji Finland
Economic freedom 59.5 76.6
Economic freedom ranking 103/197 15/197
Property rights 59.9 99.9
Government integrity 55.4 95.4
Judicial effectiveness 53.2 96.4
Tax burden 87.8 68.4
Government spending 70 7.9
Fiscal health 7.5 76.3
Business freedom 69.5 85.3
Labor freedom 66.9 65.4
Monetary freedom 72.4 80.3
Trade freedom 66.6 79.4
Investment freedom 55 85
Financial freedom 50 80

Economic freedom comparison by year

Fiji
Finland
1x
Year Economic freedom index
Fiji Finland
2026 59.5 76.6
2025 59.1 77
2024 58 76.3
2023 58 77.1
2022 56.4 78.3
2021 62.2 76.1
2020 63.4 75.7
2019 62.2 74.9
2018 62 74.1
2017 63.4 74
2016 58.8 72.6
2015 59 73.4
2014 58.7 73.4
2013 57.2 74
2012 57.3 72.3
2011 60.4 74
2010 60.3 73.8
2009 61 74.5
2008 61.8 74.6
2007 60.8 74
2006 58.4 72.9
2005 58.2 71
2004 58 73.4
2003 54.7 73.7
2002 53.9 73.6
2001 53.7 69.7
2000 57.8 64.3
1999 58.4 63.9
1998 58.2 63.5
1997 58 65.2
1996 57.4 63.7
1995 54.7 -

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

GeoRank.org/economy/fiji/finland | CC BY

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, compared to 76.6 for Finland, ranking 15/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Fiji Finland
Services, % of GDP
57%
2025
62.1%
2025
Industry, % of GDP
13.9%
2025
22.5%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
2.61%
2025
GNI, Atlas method
$5.81B
2025
$312B
2025
GNI per capita, PPP
$15,360
2025
$66,300
2025
Total reserves including gold
$1.66B
2025
$22.5B
2025
Total reserves ranking
130/177
2025
64/177
2025
Net foreign direct investment
-$178M
2024
$6.97B
2025
Net inflows of foreign direct investment
$204M
2024
$8.74B
2024
Net outflows of foreign direct investment
$25.6M
2024
$12.5B
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
n/a
Poverty at national poverty lines
31%
2020
12.2%
2022
Gross capital formation, % of GDP
20.9%
2024
21.9%
2025

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/fiji/finland | 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 (1882–1989, 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)
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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.