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Economy of France vs Turkmenistan compared: GDP & Debt

Updated on by Georank

France has a GDP of $3.37T compared to $49.8B for Turkmenistan, ranking 7/197 and 96/197 by economy size, respectively.

France has $3.9T in government debt (116% of GDP), compared to $1.87B (3.76% of GDP) in Turkmenistan.

France vs Turkmenistan GDP by year

France
Turkmenistan
1x
Year GDP, current $
France Turkmenistan
2025 $3,366,315,927,447 $49,828,621,356
2024 $3,160,442,622,465 $44,249,447,717
2023 $3,056,250,648,138 $39,020,211,240
2022 $2,794,788,137,067 $37,583,913,148
2021 $2,966,433,692,008 $26,334,182,094
2020 $2,647,926,055,110 $27,350,527,268
2019 $2,722,793,515,172 $29,700,000,000
2018 $2,781,576,320,884 $26,036,313,869
2017 $2,588,868,323,335 $33,352,261,307
2016 $2,470,407,619,777 $33,313,947,368
2015 $2,442,483,452,643 $35,799,714,286
2014 $2,861,236,112,552 $43,524,210,526
2013 $2,816,077,607,875 $39,197,543,860
2012 $2,683,007,095,787 $35,164,210,526
2011 $2,870,408,553,990 $29,233,333,333
2010 $2,646,230,027,988 $22,583,157,895
2009 $2,700,075,882,519 $20,214,385,965
2008 $2,926,802,941,586 $19,271,523,179
2007 $2,655,816,911,867 $12,664,165,103
2006 $2,317,861,544,691 $10,276,674,365
2005 $2,192,146,403,028 $8,103,901,996
2004 $2,109,792,297,237 $6,838,351,088
2003 $1,835,095,983,049 $5,977,440,583
2002 $1,492,427,756,382 $4,462,029,109
2001 $1,370,376,677,299 $3,534,772,732
2000 $1,360,959,069,477 $2,904,663,311
1999 $1,486,915,879,702 $2,450,564,100
1998 $1,496,906,382,032 $2,605,689,134
1997 $1,449,392,222,971 $2,450,350,625
1996 $1,598,889,216,566 $2,378,759,975
1995 $1,595,219,345,512 $2,482,228,440
1994 $1,385,822,778,828 $2,561,118,608
1993 $1,314,383,368,080 $3,179,225,949
1992 $1,389,663,073,110 $3,200,539,816
1991 $1,258,961,748,634 $3,208,098,919
1990 $1,257,649,439,827 $3,189,539,641
1989 $1,016,742,237,302 $3,006,988,217
1988 $1,010,827,662,152 $3,010,982,414
1987 $926,320,855,615 $2,331,358,820
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/turkmenistan | CC BY

GDP per capita in France vs Turkmenistan by year

France
GDP per capita

GDP per capita, PPP
Turkmenistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Turkmenistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $48,986 - $6,540 -
2024 $46,103 $62,557 $5,904 $21,213
2023 $44,700 $60,839 $5,298 $19,829
2022 $40,989 $57,043 $5,198 $18,340
2021 $43,725 $52,517 $3,713 $16,434
2020 $39,170 $49,482 $3,935 $15,091
2019 $40,408 $51,130 $4,365 $15,478
2018 $41,418 $46,381 $3,912 $14,368
2017 $38,687 $44,469 $5,126 $13,278
2016 $37,024 $42,880 $5,238 $12,919
2015 $36,702 $40,905 $5,759 $12,715
2014 $43,148 $40,218 $7,164 $12,477
2013 $42,669 $39,583 $6,600 $11,723
2012 $40,864 $37,671 $6,054 $11,035
2011 $43,930 $37,510 $5,144 $10,283
2010 $40,695 $35,908 $4,059 $8,972
2009 $41,728 $34,685 $3,708 $8,285
2008 $45,465 $35,053 $3,606 $7,916
2007 $41,486 $34,066 $2,415 $6,901
2006 $36,432 $32,424 $1,997 $6,164
2005 $34,696 $30,431 $1,604 $5,489
2004 $33,645 $28,921 $1,379 $4,798
2003 $29,480 $28,024 $1,229 $4,536
2002 $24,145 $28,350 $936 $4,393
2001 $22,332 $27,347 $756 $4,401
2000 $22,341 $26,007 $634 $4,209
1999 $24,576 $24,204 $546 $3,981
1998 $24,869 $23,263 $591 $3,432
1997 $24,169 $22,190 $565 $3,222
1996 $26,758 $21,268 $558 $3,636
1995 $26,792 $20,701 $592 $3,405
1994 $23,360 $19,892 $622 $3,659
1993 $22,239 $19,094 $788 $4,422
1992 $23,615 $18,801 $811 $4,351
1991 $21,501 $18,198 $832 $5,117
1990 $21,586 $17,475 $848 $5,321
1989 $17,547 - $821 -
1988 $17,550 - $846 -
1987 $16,176 - $675 -
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/turkmenistan | CC BY

France's GDP per capita is $48,986, ranking 27/197, compared to $6,540 in Turkmenistan, ranking 111/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Turkmenistan ranks 94th at $21,213.

Economic indicators

France Turkmenistan
Gross domestic product
$3.37T
2025
$49.8B
2025
GDP rank
7/197
2025
96/197
2025
GDP growth
0.84%
2024-2025
6.3%
2024-2025
GDP per capita
$48,986
2025
$6,540
2025
GDP per capita rank
27/197
2025
111/197
2025
GDP per capita, PPP
$62,557
2024
$21,213
2024
GDP per capita PPP rank
30/197
2024
94/197
2024
Government debt
$3.9T
2025
$1.87B
2025
Debt-to-GDP ratio
116%
2025
3.76%
2025
Government debt per person
$56,819
2025
$246
2025
Government debt per person rank
8/185
2025
180/185
2025
Average annual personal income after taxes
$35,062
2026
$2,520
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
31.5%
1998
Income share by poorest 10%
3%
2023
2.4%
1998
Government expenditure, % of GDP
57.5%
2025
14.1%
2025
Consumer prices inflation
0.94%
2024-2025
2.7%
2024-2025
Unemployment rate
7.7%
2025
4%
2010
Population
68871753
7800189

Spending and national debt comparison by year

France
Spending

Debt
Turkmenistan
Spending

Debt
1x
Year % of GDP
France Turkmenistan
Government spending Government debt Government spending Government debt
2025 57.5% 116% 14.1% 3.76%
2024 57.3% 113.2% 14.5% 4.11%
2023 56.8% 109.6% 13.7% 5.46%
2022 58.4% 111.4% 13% 7.14%
2021 59.5% 112.8% 13.4% 12.3%
2020 61.7% 114.9% 13.5% 15.4%
2019 55.3% 98.2% 13.6% 17.7%
2018 56.4% 98.5% 13.7% 22.5%
2017 57.7% 98.8% 17.8% 24.7%
2016 57.4% 98.1% 14.1% 21.1%
2015 57.6% 97% 17.3% 19%
2014 58.4% 96.2% 17% 16%
2013 58.6% 94.6% 16.9% 20.4%
2012 57.9% 91.7% 14.7% 17.9%
2011 57% 88.7% 15.4% 14.8%
2010 57.7% 86.3% 14.6% 7.04%
2009 58% 84.1% 14.4% 3.09%
2008 54.3% 69.8% 11.7% 3.56%
2007 53.6% 65.5% 14.4% 3.06%
2006 53.7% 65.4% 16% 4.23%
2005 54.3% 68.2% 21.1% 6.82%
2004 54% 66.9% 20.3% 11.4%
2003 54.4% 65.4% 20.8% 16.9%
2002 53.9% 61.3% 19.4% 24.2%
2001 52.8% 59.3% 22.6% 34.1%
2000 52.6% 59.7% 25.9% 55.1%
1999 53.7% 61.4% 20.8% 66.7%
1998 54% 62.1% 26.1% 81.6%
1997 55.6% 62% 26.9% 64.2%
1996 56% 60.6% - -
1995 56% 57.8% - -
1994 55.9% 51.6% - -
1993 56.5% 48.2% - -
1992 54% 41.7% - -
1991 52.7% 37.8% - -
1990 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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

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

In 2025, France's government spending was $1.93T, accounting for 57.5% of its GDP, while Turkmenistan spent $7.05B, or 14.1% of GDP.

Debt-to-GDP ratio is 116% in France and 3.76% in Turkmenistan, ranking 13/185 and 183/185, respectively.

Government deficit by year

Deficit/surplus
France

Turkmenistan
1x
Year Deficit/surplus, % of GDP
France Turkmenistan
2025 -5.11% 0.06%
2024 -5.79% -0.08%
2023 -5.44% 0.11%
2022 -4.74% 3.38%
2021 -6.58% 0.57%
2020 -8.93% -0.16%
2019 -2.39% -0.4%
2018 -2.32% -0.22%
2017 -3.36% -2.84%
2016 -3.76% -2.38%
2015 -3.89% -0.7%
2014 -4.57% 0.89%
2013 -4.94% 1.53%
2012 -5.17% 7.53%
2011 -5.3% 3.84%
2010 -7.16% 2.13%
2009 -7.38% 7.53%
2008 -3.5% 10.7%
2007 -2.99% 4.19%
2006 -2.66% 5.64%
2005 -3.5% 0.86%
2004 -3.55% 1.47%
2003 -4.09% 3.99%
2002 -3.18% 0.19%
2001 -1.42% 0.77%
2000 -1.32% -0.55%
1999 -1.55% 2.48%
1998 -2.39% 1.15%
1997 -3.71% -0.2%
1996 -3.89% -
1995 -5.11% -
1994 -5.46% -
1993 -6.4% -
1992 -4.64% -
1991 -2.89% -
1990 -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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/france/turkmenistan | 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 Turkmenistan's surplus of $31.4M, or 0.06% of GDP.

Over the past 29 years, France recorded a fiscal deficit in 29 of those years, while Turkmenistan ran a deficit in 9 years. On average, France posted an annual deficit equal to 4.16% of GDP, compared to surplus of 1.78% of GDP for Turkmenistan.

Inflation comparison by year

Inflation
France

Turkmenistan
1x
Year Consumer prices inflation
France Turkmenistan
2025 0.94% 2.7%
2024 2% 4.6%
2023 4.88% -1.6%
2022 5.22% 11.2%
2021 1.64% 19.5%
2020 0.48% 6.1%
2019 1.11% 5.1%
2018 1.85% 13.3%
2017 1.03% 8%
2016 0.18% 3.6%
2015 0.04% 7.4%
2014 0.51% 6%
2013 0.86% 6.8%
2012 1.95% 5.3%
2011 2.11% 5.3%
2010 1.53% 4.4%
2009 0.09% -2.7%
2008 2.81% 14.5%
2007 1.49% 6.3%
2006 1.68% 8.2%
2005 1.75% 10.7%
2004 2.14% 5.9%
2003 2.1% 5.6%
2002 1.92% 8.8%
2001 1.63% 11.6%
2000 1.68% 8%
1999 0.54% 23.5%
1998 0.65% 16.8%
1997 1.2% 83.7%

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/turkmenistan | CC BY

Over the past 29 years, France has recorded an average annual inflation rate of 1.59%, compared with 10.6% in Turkmenistan. In 2025, inflation was 0.94% in France and 2.7% in Turkmenistan.

Top exports between countries

France
Export category Export value
Machinery & equipment $139M
Chemicals & pharma $19.3M
Metals $11.6M
Textiles & consumer goods $4.6M
Raw materials & minerals $2.75M
Animal & marine products $1.49M
Raw agricultural goods $445K
Precious metals & jewellery $432K
Wood & paper products $421K
Processed food, beverages & tobacco $379K
Turkmenistan
Export category Export value
Raw agricultural goods $10.3M
Processed food, beverages & tobacco $1.05M
Textiles & consumer goods $141K
Raw materials & minerals $121K
Miscellaneous $70K
Machinery & equipment $11K
Wood & paper products $9K
Chemicals & pharma $4K
Precious metals & jewellery $4K

Balance of trade

France Turkmenistan
Current account balance
-$9.24B
2025
n/a
Current account balance ranking
173/190
2025
n/a
Current account balance, % of GDP
-0.27%
2025
n/a
Goods imports
$770B
2025
n/a
Goods exports
$704B
2025
n/a
Service imports
$370B
2025
n/a
Service exports
$429B
2025
n/a
Imports of goods and services, % of GDP
33.8%
2025
13.7%
2025
Exports of goods and services, % of GDP
33.4%
2025
14.5%
2025

Economic freedom indices

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

France Turkmenistan
Economic freedom 64.6 47
Economic freedom ranking 72/197 177/197
Property rights 91.2 17.4
Government integrity 73.4 8.4
Judicial effectiveness 84.7 12.3
Tax burden 54.6 94.2
Government spending 0.9 94.3
Fiscal health 34.8 99.9
Business freedom 78.4 37.5
Labor freedom 59.1 29.3
Monetary freedom 73.2 76.7
Trade freedom 79.4 74.2
Investment freedom 75 10
Financial freedom 70 10

Economic freedom comparison by year

France
Turkmenistan
1x
Year Economic freedom index
France Turkmenistan
2026 64.6 47
2025 64.4 47.1
2024 62.5 46.3
2023 63.6 46.5
2022 65.9 46.2
2021 65.7 47.4
2020 66 46.5
2019 63.8 48.4
2018 63.9 47.1
2017 63.3 47.4
2016 62.3 41.9
2015 62.5 41.4
2014 63.5 42.2
2013 64.1 42.6
2012 63.2 43.8
2011 64.6 43.6
2010 64.2 42.5
2009 63.3 44.2
2008 64.7 43.4
2007 62.1 43
2006 61.1 43.8
2005 60.5 47.6
2004 60.9 50.7
2003 59.2 51.3
2002 58 43.2
2001 58 41.8
2000 57.4 37.6
1999 59.1 36.1
1998 58.9 35
1997 59.1 -
1996 63.7 -
1995 64.4 -

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

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

The Economic Freedom Index for France is 64.6, ranking 72/197, compared to 47 for Turkmenistan, ranking 177/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

France Turkmenistan
Services, % of GDP
70.9%
2025
48.9%
2025
Industry, % of GDP
16.8%
2025
36%
2025
Agriculture, forestry, and fishing, % of GDP
1.4%
2025
12.4%
2025
GNI, Atlas method
$3.34T
2025
$48.3B
2025
GNI per capita, PPP
$65,110
2025
$22,830
2025
Total reserves including gold
$428B
2025
$1.51B
1999
Total reserves ranking
12/177
2025
135/177
1999
Net foreign direct investment
$7.24B
2025
n/a
Net inflows of foreign direct investment
$52.1B
2024
$1.64B
2024
Net outflows of foreign direct investment
$41.7B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
2.22%
2024
Poverty at national poverty lines
15.6%
2021
0.2%
2020
Gross capital formation, % of GDP
21.9%
2025
47.2%
2012

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/turkmenistan | 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 (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.