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Economy of France vs Mozambique compared: GDP & Debt

Updated on by Georank

France has a GDP of $3.37T compared to $22.3B for Mozambique, ranking 7/197 and 127/197 by economy size, respectively.

France has $3.9T in government debt (116% of GDP), compared to $22.9B (102.5% of GDP) in Mozambique.

France vs Mozambique GDP by year

France
Mozambique
1x
Year GDP, current $
France Mozambique
2025 $3,366,315,927,447 $22,337,997,046
2024 $3,160,442,622,465 $22,752,244,245
2023 $3,056,250,648,138 $20,927,498,317
2022 $2,794,788,137,067 $18,884,232,599
2021 $2,966,433,692,008 $16,168,055,475
2020 $2,647,926,055,110 $14,235,420,174
2019 $2,722,793,515,172 $15,512,759,047
2018 $2,781,576,320,884 $15,017,358,953
2017 $2,588,868,323,335 $13,264,640,646
2016 $2,470,407,619,777 $12,069,051,237
2015 $2,442,483,452,643 $16,208,985,770
2014 $2,861,236,112,552 $17,978,246,586
2013 $2,816,077,607,875 $17,198,073,057
2012 $2,683,007,095,787 $16,688,114,144
2011 $2,870,408,553,990 $14,619,279,989
2010 $2,646,230,027,988 $11,411,894,724
2009 $2,700,075,882,519 $12,263,894,790
2008 $2,926,802,941,586 $12,920,340,965
2007 $2,655,816,911,867 $10,811,456,006
2006 $2,317,861,544,691 $9,509,835,537
2005 $2,192,146,403,028 $8,868,504,900
2004 $2,109,792,297,237 $7,937,255,565
2003 $1,835,095,983,049 $6,583,526,861
2002 $1,492,427,756,382 $5,950,769,427
2001 $1,370,376,677,299 $5,650,154,067
2000 $1,360,959,069,477 $5,930,685,215
1999 $1,486,915,879,702 $6,285,219,691
1998 $1,496,906,382,032 $5,551,118,149
1997 $1,449,392,222,971 $4,873,663,775
1996 $1,598,889,216,566 $4,030,146,135
1995 $1,595,219,345,512 $3,061,646,174
1994 $1,385,822,778,828 $2,958,108,170
1993 $1,314,383,368,080 $2,883,161,897
1992 $1,389,663,073,110 $2,798,696,511
1991 $1,258,961,748,634 $3,854,856,435
1990 $1,257,649,439,827 -
1989 $1,016,742,237,302 -
1988 $1,010,827,662,152 -
1987 $926,320,855,615 -
1986 $764,946,585,851 -
1985 $547,220,981,165 -
1984 $525,033,325,828 -
1983 $553,356,312,936 -
1982 $578,152,310,610 -
1981 $609,184,791,792 -
1980 $694,529,183,483 -
1979 $608,218,624,730 -
1978 $501,724,418,605 -
1977 $406,401,711,688 -
1976 $368,363,152,144 -
1975 $357,324,307,786 -
1974 $282,739,225,314 -
1973 $261,970,536,240 -
1972 $201,738,881,664 -
1971 $164,694,210,962 -
1970 $147,312,861,698 -
1969 $140,660,914,841 -
1968 $128,710,572,572 -
1967 $118,088,635,381 -
1966 $109,306,730,313 -
1965 $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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/france/mozambique | CC BY

GDP per capita in France vs Mozambique by year

France
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $48,986 - $627 -
2024 $46,103 $62,557 $657 $1,705
2023 $44,700 $60,839 $622 $1,678
2022 $40,989 $57,043 $578 $1,582
2021 $43,725 $52,517 $510 $1,457
2020 $39,170 $49,482 $462 $1,412
2019 $40,408 $51,130 $519 $1,389
2018 $41,418 $46,381 $518 $1,326
2017 $38,687 $44,469 $471 $1,283
2016 $37,024 $42,880 $441 $1,379
2015 $36,702 $40,905 $611 $1,318
2014 $43,148 $40,218 $697 $1,166
2013 $42,669 $39,583 $687 $1,114
2012 $40,864 $37,671 $686 $1,076
2011 $43,930 $37,510 $618 $1,064
2010 $40,695 $35,908 $496 $1,000
2009 $41,728 $34,685 $548 $951
2008 $45,465 $35,053 $592 $916
2007 $41,486 $34,066 $508 $862
2006 $36,432 $32,424 $457 $798
2005 $34,696 $30,431 $437 $721
2004 $33,645 $28,921 $400 $673
2003 $29,480 $28,024 $339 $620
2002 $24,145 $28,350 $314 $580
2001 $22,332 $27,347 $305 $533
2000 $22,341 $26,007 $327 $472
1999 $24,576 $24,204 $354 $468
1998 $24,869 $23,263 $320 $422
1997 $24,169 $22,190 $287.5 $387
1996 $26,758 $21,268 $244.4 $350
1995 $26,792 $20,701 $191.8 $321
1994 $23,360 $19,892 $196.8 $326
1993 $22,239 $19,094 $205.2 $321
1992 $23,615 $18,801 $205.6 $292
1991 $21,501 $18,198 $288.7 $315
1990 $21,586 $17,475 - $296
1989 $17,547 - - -
1988 $17,550 - - -
1987 $16,176 - - -
1986 $13,430 - - -
1985 $9,657 - - -
1984 $9,312 - - -
1983 $9,862 - - -
1982 $10,360 - - -
1981 $10,956 - - -
1980 $12,565 - - -
1979 $11,063 - - -
1978 $9,167 - - -
1977 $7,459 - - -
1976 $6,792 - - -
1975 $6,617 - - -
1974 $5,261 - - -
1973 $4,907 - - -
1972 $3,809 - - -
1971 $3,137 - - -
1970 $2,833 - - -
1969 $2,729 - - -
1968 $2,518 - - -
1967 $2,328 - - -
1966 $2,173 - - -
1965 $2,024 - - -
1964 $1,891 - - -
1963 $1,723 - - -
1962 $1,554 - - -
1961 $1,402 - - -
1960 $1,307 - - -

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

GeoRank.org/economy/france/mozambique | CC BY

France's GDP per capita is $48,986, ranking 27/197, compared to $627 in Mozambique, ranking 193/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Mozambique ranks 192nd at $1,705.

Economic indicators

France Mozambique
Gross domestic product
$3.37T
2025
$22.3B
2025
GDP rank
7/197
2025
127/197
2025
GDP growth
0.84%
2024-2025
-0.52%
2024-2025
GDP per capita
$48,986
2025
$627
2025
GDP per capita rank
27/197
2025
193/197
2025
GDP per capita, PPP
$62,557
2024
$1,705
2024
GDP per capita PPP rank
30/197
2024
192/197
2024
Government debt
$3.9T
2025
$22.9B
2025
Debt-to-GDP ratio
116%
2025
102.5%
2025
Government debt per person
$56,819
2025
$643
2025
Government debt per person rank
8/185
2025
158/185
2025
Average annual personal income after taxes
$35,062
2026
$1,324
2026
Market capitalization of domestic companies
$2.37T
2018
n/a
Number of millionaires
2,388,000
2026
n/a
Number of billionaires
51
2026
n/a
Income share by richest 10%
25%
2023
40.8%
2022
Income share by poorest 10%
3%
2023
1.7%
2022
Government expenditure, % of GDP
57.5%
2025
30.3%
2025
Consumer prices inflation
0.94%
2024-2025
4.4%
2024-2025
Central bank interest rate n/a
9.25%
2026
Unemployment rate
7.7%
2025
6.79%
2022
Population
68871753
37173146

Spending and national debt comparison by year

France
Spending

Debt
Mozambique
Spending

Debt
1x
Year % of GDP
France Mozambique
Government spending Government debt Government spending Government debt
2025 57.5% 116% 30.3% 102.5%
2024 57.3% 113.2% 33.3% 91.4%
2023 56.8% 109.6% 33.3% 90.8%
2022 58.4% 111.4% 32.9% 100.4%
2021 59.5% 112.8% 32.1% 104.3%
2020 61.7% 114.9% 33.9% 120%
2019 55.3% 98.2% 28% 98.3%
2018 56.4% 98.5% 31.2% 105.5%
2017 57.7% 98.8% 28.6% 103.8%
2016 57.4% 98.1% 28.7% 124.8%
2015 57.6% 97% 32.2% 86%
2014 58.4% 96.2% 39.7% 63.4%
2013 58.6% 94.6% 31.7% 49.5%
2012 57.9% 91.7% 28.1% 36.7%
2011 57% 88.7% 28.9% 34.2%
2010 57.7% 86.3% 26.6% 38.6%
2009 58% 84.1% 25.7% 39.3%
2008 54.3% 69.8% 21.3% 32.8%
2007 53.6% 65.5% 20.9% 31.2%
2006 53.7% 65.4% 20.1% 40%
2005 54.3% 68.2% 17% 60.1%
2004 54% 66.9% 17.8% 50.8%
2003 54.4% 65.4% 18.6% 63.2%
2002 53.9% 61.3% 18.6% 63.4%
2001 52.8% 59.3% 20.8% 99.8%
2000 52.6% 59.7% 17.2% 95.8%
1999 53.7% 61.4% 15.6% 94.7%
1998 54% 62.1% 14.9% -
1997 55.6% 62% 16.5% -
1996 56% 60.6% 14.9% -
1995 56% 57.8% 18.8% -
1994 55.9% 51.6% 22.9% -
1993 56.5% 48.2% 20.7% -
1992 54% 41.7% 21.1% -
1991 52.7% 37.8% 17.3% -
1990 51.6% 36.8% 21% -
1989 48.9% 34% 27% -
1988 50.1% 33.3% 27% -
1987 50.7% 33.4% 22.9% -
1986 51.3% 31.1% 24.2% -
1985 51.9% 30.6% 21% -
1984 51.2% 29% 30.9% -
1983 50.2% 26.6% 35.3% -
1982 49.9% 25.3% 27% -
1981 48.5% 22% 23.8% -
1980 46% 20.7% 14.2% -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/france/mozambique | CC BY

In 2025, France's government spending was $1.93T, accounting for 57.5% of its GDP, while Mozambique spent $6.76B, or 30.3% of GDP.

Debt-to-GDP ratio is 116% in France and 102.5% in Mozambique, ranking 13/185 and 21/185, respectively.

Government deficit by year

Deficit/surplus
France

Mozambique
1x
Year Deficit/surplus, % of GDP
France Mozambique
2025 -5.11% -3.97%
2024 -5.79% -6.23%
2023 -5.44% -4.26%
2022 -4.74% -5.22%
2021 -6.58% -5.23%
2020 -8.93% -6.19%
2019 -2.39% 1.7%
2018 -2.32% -5.7%
2017 -3.36% -1.99%
2016 -3.76% -5.06%
2015 -3.89% -6.55%
2014 -4.57% -9.75%
2013 -4.94% -2.46%
2012 -5.17% -3.45%
2011 -5.3% -4.34%
2010 -7.16% -3.4%
2009 -7.38% -4.35%
2008 -3.5% -1.9%
2007 -2.99% -2.19%
2006 -2.66% -3.03%
2005 -3.5% -2.06%
2004 -3.55% -3.17%
2003 -4.09% -2.64%
2002 -3.18% -3.36%
2001 -1.42% -4.43%
2000 -1.32% -1.26%
1999 -1.55% -0.31%
1998 -2.39% -1.08%
1997 -3.71% -1.81%
1996 -3.89% -2.07%
1995 -5.11% -2.46%
1994 -5.46% -4%
1993 -6.4% -2.53%
1992 -4.64% -1.85%
1991 -2.89% -2.01%
1990 -2.45% -4.42%
1989 -1.9% -4.23%
1988 -2.7% -6.47%
1987 -2.13% -7.24%
1986 -3.3% -12.1%
1985 -3.08% -9.69%
1984 -2.8% -13.4%
1983 -2.58% -15.8%
1982 -2.91% -3.61%
1981 -2.39% -7.41%
1980 -0.27% -1.47%
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/france/mozambique | CC BY

In 2025, France's government deficit, the difference between spending and revenue, was $172B, equivalent to 5.11% of GDP. This compares to Mozambique's deficit of $886M, or 3.97% of GDP.

Over the past 35 years, France recorded a fiscal deficit in 35 of those years, while Mozambique ran a deficit in 34 years. On average, France posted an annual deficit equal to 4.26% of GDP, compared to deficit of 3.39% of GDP for Mozambique.

Inflation comparison by year

Inflation
France

Mozambique
1x
Year Consumer prices inflation
France Mozambique
2025 0.94% 4.4%
2024 2% 3.2%
2023 4.88% 7%
2022 5.22% 10.4%
2021 1.64% 6.6%
2020 0.48% 0.9%
2019 1.11% 5.7%
2018 1.85% 3.2%
2017 1.03% 15.8%
2016 0.18% 18.4%
2015 0.04% 3.6%
2014 0.51% 2.6%
2013 0.86% 4.3%
2012 1.95% 2.6%
2011 2.11% 11.2%
2010 1.53% 12.4%
2009 0.09% 3.8%
2008 2.81% 14.5%
2007 1.49% 10.4%
2006 1.68% 13.2%
2005 1.75% 6.4%
2004 2.14% 12.6%
2003 2.1% 13.5%
2002 1.92% 16.8%
2001 1.63% 9.1%
2000 1.68% 12.7%
1999 0.54% 2.9%
1998 0.65% 1.5%
1997 1.2% 7.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/france/mozambique | CC BY

Over the past 29 years, France has recorded an average annual inflation rate of 1.59%, compared with 8.18% in Mozambique. In 2025, inflation was 0.94% in France and 4.4% in Mozambique.

Top exports between countries

France
Export category Export value
Machinery & equipment $18.8M
Raw agricultural goods $4.92M
Textiles & consumer goods $3.33M
Chemicals & pharma $2.4M
Processed food, beverages & tobacco $1.67M
Wood & paper products $1.67M
Metals $1.64M
Raw materials & minerals $958K
Miscellaneous $666K
Animal & marine products $278K
Mozambique
Export category Export value
Metals $9.86M
Raw materials & minerals $2.4M
Precious metals & jewellery $1.31M
Raw agricultural goods $888K
Machinery & equipment $550K
Processed food, beverages & tobacco $348K
Animal & marine products $297K
Chemicals & pharma $127K
Textiles & consumer goods $109K
Wood & paper products $77K

Balance of trade

France Mozambique
Current account balance
-$9.24B
2025
-$2.49B
2024
Current account balance ranking
173/190
2025
148/190
2024
Current account balance, % of GDP
-0.27%
2025
-11%
2024
Goods imports
$770B
2025
$8.38B
2024
Goods exports
$704B
2025
$8.21B
2024
Service imports
$370B
2025
$2.11B
2024
Service exports
$429B
2025
$1.15B
2024
Imports of goods and services, % of GDP
33.8%
2025
55.7%
2025
Exports of goods and services, % of GDP
33.4%
2025
41.4%
2025

Economic freedom indices

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

France Mozambique
Economic freedom 64.6 49.6
Economic freedom ranking 72/197 164/197
Property rights 91.2 29.7
Government integrity 73.4 25.1
Judicial effectiveness 84.7 43.4
Tax burden 54.6 75.8
Government spending 0.9 67
Fiscal health 34.8 39.1
Business freedom 78.4 40.2
Labor freedom 59.1 47.7
Monetary freedom 73.2 76.2
Trade freedom 79.4 71.2
Investment freedom 75 40
Financial freedom 70 40

Economic freedom comparison by year

France
Mozambique
1x
Year Economic freedom index
France Mozambique
2026 64.6 49.6
2025 64.4 50.7
2024 62.5 50.7
2023 63.6 52.5
2022 65.9 51.3
2021 65.7 51.6
2020 66 50.5
2019 63.8 48.6
2018 63.9 46.3
2017 63.3 49.9
2016 62.3 53.2
2015 62.5 54.8
2014 63.5 55
2013 64.1 55
2012 63.2 57.1
2011 64.6 56.8
2010 64.2 56
2009 63.3 55.7
2008 64.7 55.4
2007 62.1 54.7
2006 61.1 51.9
2005 60.5 54.6
2004 60.9 57.2
2003 59.2 58.6
2002 58 57.7
2001 58 59.2
2000 57.4 52.2
1999 59.1 48.9
1998 58.9 43
1997 59.1 44
1996 63.7 48.4
1995 64.4 45.5

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

GeoRank.org/economy/france/mozambique | CC BY

The Economic Freedom Index for France is 64.6, ranking 72/197, compared to 49.6 for Mozambique, ranking 164/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

France Mozambique
Services, % of GDP
70.9%
2025
42%
2025
Industry, % of GDP
16.8%
2025
22.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.4%
2025
25.6%
2025
GNI, Atlas method
$3.34T
2025
$20.4B
2025
GNI per capita, PPP
$65,110
2025
$1,540
2025
Total reserves including gold
$428B
2025
$3.84B
2024
Total reserves ranking
12/177
2025
112/177
2024
Net foreign direct investment
$7.24B
2025
-$3.55B
2024
Net inflows of foreign direct investment
$52.1B
2024
$3.51B
2024
Net outflows of foreign direct investment
$41.7B
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI n/a
22.4%
2024
Poverty at national poverty lines
15.6%
2021
65%
2022
Gross capital formation, % of GDP
21.9%
2025
24.2%
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/france/mozambique | 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 (1880–1989, 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)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, 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.