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Economy of Fiji vs Mexico compared: GDP & Debt

Updated on by Georank

Fiji has a GDP of $6.2B compared to $1.83T for Mexico, ranking 161/197 and 14/197 by economy size, respectively.

Fiji has $4.88B in government debt (78.7% of GDP), compared to $1.13T (61.8% of GDP) in Mexico.

Fiji vs Mexico GDP by year

Fiji
Mexico
1x
Year GDP, current $
Fiji Mexico
2025 $6,198,013,062 $1,832,641,364,776
2024 $5,968,125,909 $1,830,489,311,089
2023 $5,476,673,518 $1,794,410,347,718
2022 $4,977,861,886 $1,466,934,724,243
2021 $4,158,873,156 $1,316,569,466,834
2020 $4,227,719,873 $1,121,064,767,169
2019 $5,344,907,153 $1,304,106,204,006
2018 $5,581,425,327 $1,256,300,182,984
2017 $5,353,469,174 $1,190,721,475,853
2016 $4,930,213,644 $1,112,233,497,453
2015 $4,682,479,894 $1,213,294,467,654
2014 $4,857,104,769 $1,364,507,717,689
2013 $4,189,967,999 $1,327,436,290,439
2012 $3,972,028,104 $1,255,110,424,742
2011 $3,779,411,899 $1,229,013,703,417
2010 $3,140,166,713 $1,105,424,238,652
2009 $2,870,624,636 $943,437,414,951
2008 $3,523,185,920 $1,161,553,459,985
2007 $3,378,314,600 $1,102,355,554,880
2006 $3,076,305,453 $1,020,265,057,882
2005 $2,980,403,845 $917,571,853,437
2004 $2,708,078,477 $819,459,227,375
2003 $2,300,492,465 $765,549,967,889
2002 $1,833,279,985 $810,666,116,402
2001 $1,652,462,023 $796,064,590,549
2000 $1,678,219,508 $742,061,329,749
1999 $1,936,459,986 $631,249,359,702
1998 $1,653,146,717 $557,461,102,631
1997 $2,090,221,137 $523,449,530,464
1996 $2,128,696,644 $432,157,945,024
1995 $1,970,301,486 $380,157,469,867
1994 $1,825,732,093 $553,618,247,901
1993 $1,636,101,247 $530,160,763,663
1992 $1,532,411,039 $363,157,832,924
1991 $1,383,883,250 $313,139,656,146
1990 $1,337,017,559 $261,253,675,693
1989 $1,182,660,266 $221,403,098,267
1988 $1,110,009,523 $181,611,150,497
1987 $1,177,947,965 $147,542,558,209
1986 $1,290,267,340 $134,556,034,673
1985 $1,141,168,944 $195,241,069,482
1984 $1,178,000,678 $184,230,754,105
1983 $1,123,085,190 $156,167,000,433
1982 $1,194,059,943 $184,602,611,610
1981 $1,235,626,771 $263,797,827,860
1980 $1,202,618,816 $205,577,055,466
1979 $1,019,691,460 $134,531,900,899
1978 $829,267,889 $102,648,570,299
1977 $719,501,766 $81,912,018,784
1976 $694,540,806 $88,875,923,765
1975 $684,282,434 $88,000,000,000
1974 $558,587,097 $72,000,000,000
1973 $425,950,488 $55,280,000,000
1972 $316,656,649 $45,200,000,000
1971 $247,749,328 $39,200,000,000
1970 $219,878,482 $35,520,000,000
1969 $182,182,068 $32,480,000,000
1968 $166,952,937 $29,360,000,000
1967 $162,625,886 $26,560,000,000
1966 $150,603,926 $24,320,000,000
1965 $147,084,750 $21,840,000,000
1964 $140,032,741 $20,080,000,000
1963 $129,454,729 $16,960,000,000
1962 $122,906,435 $15,200,000,000
1961 $116,987,785 $14,160,000,000
1960 $112,328,422 $13,040,000,000

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

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

GDP per capita in Fiji vs Mexico by year

Fiji
GDP per capita

GDP per capita, PPP
Mexico
GDP per capita

GDP per capita, PPP
1x
Year Current $
Fiji Mexico
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $6,642 - $13,889 -
2024 $6,426 $15,450 $13,988 $26,185
2023 $5,926 $14,644 $13,831 $25,243
2022 $5,414 $12,982 $11,406 $23,135
2021 $4,537 $10,322 $10,314 $20,783
2020 $4,621 $10,716 $8,841 $19,354
2019 $5,842 $12,978 $10,370 $20,964
2018 $6,085 $12,984 $10,085 $20,921
2017 $5,827 $12,585 $9,649 $20,489
2016 $5,364 $11,766 $9,098 $20,105
2015 $5,098 $11,519 $10,021 $19,071
2014 $5,293 $10,516 $11,391 $18,821
2013 $4,572 $8,842 $11,217 $18,170
2012 $4,341 $8,204 $10,744 $18,005
2011 $4,140 $7,672 $10,664 $17,267
2010 $3,449 $7,339 $9,729 $15,909
2009 $3,164 $7,068 $8,424 $15,191
2008 $3,900 $7,154 $10,524 $15,681
2007 $3,763 $6,990 $10,134 $15,032
2006 $3,455 $6,921 $9,513 $14,540
2005 $3,378 $6,652 $8,672 $13,260
2004 $3,097 $6,463 $7,850 $12,658
2003 $2,656 $6,033 $7,434 $12,066
2002 $2,137 $5,914 $7,983 $11,762
2001 $1,945 $5,699 $7,953 $11,739
2000 $1,996 $5,521 $7,524 $11,705
1999 $2,328 $5,552 $6,500 $11,031
1998 $2,010 $5,090 $5,833 $10,756
1997 $2,574 $5,031 $5,567 $10,182
1996 $2,648 $5,109 $4,674 $9,496
1995 $2,467 $4,818 $4,184 $8,933
1994 $2,297 $4,627 $6,202 $9,466
1993 $2,070 $4,334 $6,048 $9,041
1992 $1,951 $4,172 $4,221 $9,470
1991 $1,775 $3,873 $3,709 $9,079
1990 $1,729 $3,882 $3,154 $8,578
1989 $1,543 - $2,725 -
1988 $1,463 - $2,279 -
1987 $1,569 - $1,888 -
1986 $1,745 - $1,757 -
1985 $1,577 - $2,602 -
1984 $1,667 - $2,506 -
1983 $1,628 - $2,170 -
1982 $1,773 - $2,621 -
1981 $1,879 - $3,829 -
1980 $1,873 - $3,055 -
1979 $1,627 - $2,049 -
1978 $1,355 - $1,604 -
1977 $1,204 - $1,315 -
1976 $1,186 - $1,465 -
1975 $1,188 - $1,492 -
1974 $984 - $1,256 -
1973 $762 - $993 -
1972 $575 - $837 -
1971 $458 - $748 -
1970 $414 - $699 -
1969 $350 - $660 -
1968 $327 - $616 -
1967 $326 - $576 -
1966 $310 - $545 -
1965 $311 - $506 -
1964 $306 - $481 -
1963 $291.4 - $420 -
1962 $285.5 - $388 -
1961 $280.3 - $374 -
1960 $277.4 - $355 -

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

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

Fiji's GDP per capita is $6,642, ranking 106/197, compared to $13,889 in Mexico, ranking 76/197. Adjusted for purchasing power (GDP per capita PPP), Fiji ranks 113th at $15,450, while Mexico ranks 80th at $26,185.

Economic indicators

Fiji Mexico
Gross domestic product
$6.2B
2025
$1.83T
2025
GDP rank
161/197
2025
14/197
2025
GDP growth
3.2%
2024-2025
0.56%
2024-2025
GDP per capita
$6,642
2025
$13,889
2025
GDP per capita rank
106/197
2025
76/197
2025
GDP per capita, PPP
$15,450
2024
$26,185
2024
GDP per capita PPP rank
113/197
2024
80/197
2024
Government debt
$4.88B
2025
$1.13T
2025
Debt-to-GDP ratio
78.7%
2025
61.8%
2025
Government debt per person
$5,227
2025
$8,577
2025
Government debt per person rank
82/185
2025
66/185
2025
Average annual personal income after taxes
$4,553
2026
$10,482
2026
Market capitalization of domestic companies n/a
$560B
2025
Number of millionaires n/a
333,000
2026
Number of billionaires n/a
22
2026
Income share by richest 10%
24.2%
2019
33.4%
2024
Income share by poorest 10%
3.5%
2019
2.1%
2024
Government expenditure, % of GDP
31.5%
2025
29.8%
2025
Consumer prices inflation
-1.38%
2024-2025
3.81%
2024-2025
Central bank interest rate
0.25%
2020
6.5%
2026
Unemployment rate
5.36%
2024
2.54%
2025
Population
939479
133551566

Spending and national debt comparison by year

Fiji
Spending

Debt
Mexico
Spending

Debt
1x
Year % of GDP
Fiji Mexico
Government spending Government debt Government spending Government debt
2025 31.5% 78.7% 29.8% 61.8%
2024 30.8% 79.1% 30.8% 59.1%
2023 30.2% 82.9% 28.6% 52.8%
2022 33.9% 91.5% 28.5% 53.8%
2021 35.8% 86.7% 26.7% 56.7%
2020 32.7% 65.8% 27.8% 58.5%
2019 30.7% 49.5% 25.3% 51.9%
2018 32.5% 45.8% 25% 52.2%
2017 28.1% 43.4% 25% 52.5%
2016 32.1% 44.6% 26.5% 55%
2015 30.6% 44.3% 26.6% 51%
2014 30.2% 46.2% 26.9% 47.1%
2013 25.9% 47.4% 26.7% 44.1%
2012 26% 48.6% 27% 40.8%
2011 26.5% 51% 26.6% 41.2%
2010 25.5% 53.4% 26.5% 40.2%
2009 26.2% 51.5% 26.5% 41.7%
2008 22.8% 47.9% 26.5% 40.6%
2007 23.5% 46.4% 22.5% 35.5%
2006 25.4% 50.3% 21.6% 35.8%
2005 24% 45.3% 21.2% 36.8%
2004 24.7% 45.9% 20.5% 38.9%
2003 26.7% 46.4% 21.5% 42.1%
2002 28.1% 44.5% 19.8% 39.9%
2001 27% 41.9% 19.5% 37.3%
2000 24.2% 35.9% 19.4% 38.5%
1999 24.6% 34.7% 20.1% 41.7%
1998 27.7% 37.9% 19.5% 39.7%
1997 29.2% 54.4% 20.7% 39.1%
1996 27.2% 50.3% 20.8% 42.5%
1995 23.5% 49.1% 18.9% 30.7%
1994 24.9% 48.8% 18.9% 26.8%
1993 26.7% 45.9% 18.2% 19.2%
1992 27.1% 44.3% 19% 21.5%
1991 - - 20.1% 29.2%
1990 - - 22.9% 35.7%
1989 - - 19.2% 36%
1988 - - 23.6% 36.5%
1987 - - 26.7% 52.7%
1986 - - 25.1% 47.8%
1985 - - 21.4% 30.4%
1984 - - 19.8% 25.2%
1983 - - 21.6% 25.3%
1982 - - 24.7% 29.8%
1981 - - 20.1% 41.7%
1980 - - 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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Fiji's government spending was $1.95B, accounting for 31.5% of its GDP, while Mexico spent $547B, or 29.8% of GDP.

Debt-to-GDP ratio is 78.7% in Fiji and 61.8% in Mexico, ranking 45/185 and 73/185, respectively.

Government deficit by year

Deficit/surplus
Fiji

Mexico
1x
Year Deficit/surplus, % of GDP
Fiji Mexico
2025 -2.46% -4.86%
2024 -3.44% -5.78%
2023 -7.15% -4.3%
2022 -12.3% -4.32%
2021 -14.2% -3.75%
2020 -8.34% -4.29%
2019 -3.65% -2.27%
2018 -4.82% -2.14%
2017 -2.28% -1.03%
2016 -5.7% -2.68%
2015 -3.91% -3.86%
2014 -3.48% -4.37%
2013 -0.08% -3.56%
2012 -0.68% -3.57%
2011 -0.72% -3.2%
2010 -1.29% -3.8%
2009 -2.76% -3.94%
2008 1.56% -0.68%
2007 0.36% -1.46%
2006 -0.76% -1.23%
2005 -1.18% -1.43%
2004 -0.98% -1.35%
2003 -3.46% -2.24%
2002 -3.68% -2.18%
2001 -4.5% -2.57%
2000 -1.33% -2.69%
1999 1.17% -4.49%
1998 5.4% -4.49%
1997 -4.5% -3.48%
1996 -3.46% -3.66%
1995 0.78% -2.28%
1994 -0.2% -2.25%
1993 -1.9% -1.51%
1992 -2.25% 2.26%
1991 - 1.49%
1990 - -3.11%
1989 - -4.75%
1988 - -8.76%
1987 - -11.6%
1986 - -11.2%
1985 - -7.2%
1984 - -5.79%
1983 - -6.03%
1982 - -11.4%
1981 - -4.9%
1980 - -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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/fiji/mexico | 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 Mexico's deficit of $89B, or 4.86% of GDP.

Over the past 34 years, Fiji recorded a fiscal deficit in 29 of those years, while Mexico ran a deficit in 33 years. On average, Fiji posted an annual deficit equal to 2.83% of GDP, compared to deficit of 2.87% of GDP for Mexico.

Inflation comparison by year

Inflation
Fiji

Mexico
1x
Year Consumer prices inflation
Fiji Mexico
2025 -1.38% 3.81%
2024 3.89% 4.72%
2023 2.98% 5.53%
2022 6.08% 7.9%
2021 1.53% 5.69%
2020 -1.7% 3.4%
2019 1.79% 3.64%
2018 4.08% 4.9%
2017 3.35% 6.04%
2016 3.86% 2.82%
2015 1.37% 2.72%
2014 0.52% 4.02%
2013 2.91% 3.81%
2012 3.42% 4.11%
2011 7.28% 3.41%
2010 3.69% 4.16%
2009 3.13% 5.3%
2008 7.73% 5.12%
2007 4.8% 3.97%
2006 2.49% 3.63%
2005 2.37% 3.99%
2004 2.83% 4.69%
2003 4.17% 4.55%
2002 0.76% 5.03%
2001 4.27% 6.37%
2000 1.09% 9.49%
1999 1.97% 16.6%
1998 5.71% 15.9%
1997 3.37% 20.6%

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

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

Over the past 29 years, Fiji has recorded an average annual inflation rate of 3.05%, compared with 6.07% in Mexico. In 2025, inflation was -1.38% in Fiji and 3.81% in Mexico.

Top exports between countries

Fiji
Export category Export value
Textiles & consumer goods $198K
Wood & paper products $68K
Processed food, beverages & tobacco $21K
Chemicals & pharma $17K
Miscellaneous $4K
Mexico
Export category Export value

Balance of trade

Fiji Mexico
Current account balance
-$464M
2024
-$8.2B
2025
Current account balance ranking
104/190
2024
171/190
2025
Current account balance, % of GDP
-7.78%
2024
-0.45%
2025
Goods imports
$2.86B
2024
$665B
2025
Goods exports
$1.13B
2024
$666B
2025
Service imports
$996M
2024
$75.4B
2025
Service exports
$2.12B
2024
$64B
2025
Imports of goods and services, % of GDP
64.6%
2024
40.3%
2025
Exports of goods and services, % of GDP
54.4%
2024
39.6%
2025

Economic freedom indices

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

Fiji Mexico
Economic freedom 59.5 59.8
Economic freedom ranking 103/197 102/197
Property rights 59.9 37.6
Government integrity 55.4 28.8
Judicial effectiveness 53.2 40.4
Tax burden 87.8 75.4
Government spending 70 74.6
Fiscal health 7.5 56.7
Business freedom 69.5 67
Labor freedom 66.9 57.3
Monetary freedom 72.4 70.6
Trade freedom 66.6 74.2
Investment freedom 55 75
Financial freedom 50 60

Economic freedom comparison by year

Fiji
Mexico
1x
Year Economic freedom index
Fiji Mexico
2026 59.5 59.8
2025 59.1 61.3
2024 58 62
2023 58 63.2
2022 56.4 63.7
2021 62.2 65.5
2020 63.4 66
2019 62.2 64.7
2018 62 64.8
2017 63.4 63.6
2016 58.8 65.2
2015 59 66.4
2014 58.7 66.8
2013 57.2 67
2012 57.3 65.3
2011 60.4 67.8
2010 60.3 68.3
2009 61 65.8
2008 61.8 66.2
2007 60.8 66
2006 58.4 64.7
2005 58.2 65.2
2004 58 66
2003 54.7 65.3
2002 53.9 63
2001 53.7 60.6
2000 57.8 59.3
1999 58.4 58.5
1998 58.2 57.9
1997 58 57.1
1996 57.4 61.2
1995 54.7 63.1

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

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

The Economic Freedom Index for Fiji is 59.5, ranking 103/197, 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

Fiji Mexico
Services, % of GDP
57%
2025
58.9%
2025
Industry, % of GDP
13.9%
2025
30.6%
2025
Agriculture, forestry, and fishing, % of GDP
14%
2025
3.88%
2025
GNI, Atlas method
$5.81B
2025
$1.81T
2025
GNI per capita, PPP
$15,360
2025
$25,070
2025
Total reserves including gold
$1.66B
2025
$256B
2025
Total reserves ranking
130/177
2025
17/177
2025
Net foreign direct investment
-$178M
2024
-$31.8B
2025
Net inflows of foreign direct investment
$204M
2024
$45.5B
2024
Net outflows of foreign direct investment
$25.6M
2024
$13B
2024
Servicing debt to the IMF, % of GNI
4.36%
2024
3.77%
2024
Poverty at national poverty lines
31%
2020
29.6%
2024
Gross capital formation, % of GDP
20.9%
2024
22.6%
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/mexico | 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 (1900–1995, 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.