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Economy of Germany vs Guinea-Bissau compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $2.53B for Guinea-Bissau, ranking 3/197 and 176/197 by economy size, respectively.

Germany has $3.18T in government debt (62.9% of GDP), compared to $1.9B (75.3% of GDP) in Guinea-Bissau.

Germany vs Guinea-Bissau GDP by year

Germany
Guinea-Bissau
1x
Year GDP, current $
Germany Guinea-Bissau
2025 $5,050,922,925,047 $2,527,930,273
2024 $4,685,592,577,805 $2,197,777,210
2023 $4,562,207,532,490 $2,076,748,678
2022 $4,201,021,706,479 $1,856,239,955
2021 $4,355,251,953,411 $1,907,611,288
2020 $3,941,398,957,074 $1,705,062,170
2019 $3,959,894,794,039 $1,596,214,680
2018 $4,055,433,215,302 $1,554,133,594
2017 $3,765,351,626,106 $1,469,978,606
2016 $3,536,787,895,179 $1,245,074,264
2015 $3,425,099,578,746 $1,152,384,167
2014 $3,964,870,735,761 $1,135,250,721
2013 $3,807,023,797,051 $1,109,682,824
2012 $3,596,483,233,406 $1,049,412,177
2011 $3,823,575,803,794 $1,157,074,319
2010 $3,467,093,769,667 $940,112,539
2009 $3,478,545,516,684 $890,167,833
2008 $3,808,197,720,125 $952,667,544
2007 $3,484,056,680,855 $753,162,998
2006 $3,046,308,753,671 $634,781,901
2005 $2,893,393,187,362 $639,776,041
2004 $2,852,317,768,062 $582,169,841
2003 $2,534,715,518,349 $553,614,800
2002 $2,102,350,798,306 $466,773,711
2001 $1,966,381,496,642 $412,610,872
2000 $1,966,980,701,145 $391,345,597
1999 $2,213,873,468,587 $579,365,780
1998 $2,247,760,364,566 $591,034,143
1997 $2,218,790,886,533 $698,107,222
1996 $2,506,576,553,158 $702,965,148
1995 $2,593,053,091,306 $660,195,402
1994 $2,215,282,632,277 $612,502,085
1993 $2,078,954,217,438 $615,779,519
1992 $2,141,377,582,968 $588,309,271
1991 $1,875,792,575,133 $668,470,891
1990 $1,778,162,195,860 $634,187,269
1989 $1,404,092,925,205 $554,072,303
1988 $1,406,367,016,372 $427,514,322
1987 $1,302,932,318,825 $451,893,375
1986 $1,050,092,624,516 $338,524,233
1985 $735,218,723,093 $373,959,151
1984 $727,767,760,979 $359,980,491
1983 $773,507,930,295 $425,225,177
1982 $779,421,633,755 $430,284,022
1981 $803,404,797,058 $402,230,865
1980 $953,772,499,462 $287,648,258
1979 $884,574,218,333 $308,143,183
1978 $743,182,891,918 $318,876,550
1977 $602,698,323,086 $298,871,675
1976 $521,658,712,133 $292,152,321
1975 $492,434,094,920 $283,311,997
1974 $446,934,971,657 $256,769,730
1973 $399,833,571,167 $232,331,281
1972 $300,899,944,795 $227,986,203
1971 $250,900,942,397 $204,167,297
1970 $216,629,229,947 $204,670,551
1969 $177,733,486,326 -
1968 $156,527,292,653 -
1967 $145,100,667,773 -
1966 $143,304,275,684 -
1965 $134,774,688,191 -
1964 $123,330,404,665 -
1963 $112,232,503,744 -
1962 $105,895,435,234 -
1961 $96,558,204,043 -
1960 $84,619,845,881 -

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

GeoRank.org/economy/germany/guinea-bissau | CC BY

GDP per capita in Germany vs Guinea-Bissau by year

Germany
GDP per capita

GDP per capita, PPP
Guinea-Bissau
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Guinea-Bissau
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - $1,124 -
2024 $56,104 $73,552 $998 $3,119
2023 $54,777 $71,684 $964 $2,990
2022 $50,507 $69,049 $882 $2,789
2021 $52,349 $62,531 $927 $2,523
2020 $47,395 $58,686 $847 $2,340
2019 $47,656 $59,271 $811 $2,247
2018 $48,916 $56,273 $809 $2,058
2017 $45,554 $54,110 $783 $2,082
2016 $42,949 $51,570 $680 $1,824
2015 $41,930 $48,545 $645 $1,730
2014 $48,960 $47,939 $652 $1,456
2013 $47,207 $45,889 $654 $1,416
2012 $44,718 $44,229 $635 $1,402
2011 $47,631 $43,398 $720 $1,472
2010 $42,397 $39,726 $600 $1,370
2009 $42,472 $37,574 $583 $1,315
2008 $46,379 $38,444 $640 $1,309
2007 $42,351 $36,914 $519 $1,260
2006 $36,980 $34,741 $449 $1,226
2005 $35,084 $32,314 $463 $1,187
2004 $34,567 $31,753 $431 $1,105
2003 $30,711 $30,301 $420 $1,089
2002 $25,487 $29,514 $362 $1,095
2001 $23,878 $28,674 $327 $1,064
2000 $23,926 $27,474 $317 $1,014
1999 $26,965 $26,518 $479 $1,001
1998 $27,396 $25,446 $498 $861
1997 $27,047 $24,649 $599 $1,118
1996 $30,600 $24,169 $615 $1,052
1995 $31,747 $23,631 $589 $945
1994 $27,202 $22,869 $561 $909
1993 $25,617 $21,900 $582 $890
1992 $26,560 $21,746 $574 $880
1991 $23,443 $21,001 $672 $877
1990 $22,386 $19,468 $651 $824
1989 $17,829 - $578 -
1988 $17,997 - $454 -
1987 $16,739 - $488 -
1986 $13,511 - $371 -
1985 $9,464 - $417 -
1984 $9,347 - $407 -
1983 $9,900 - $489 -
1982 $9,950 - $503 -
1981 $10,246 - $477 -
1980 $12,183 - $347 -
1979 $11,322 - $376 -
1978 $9,517 - $403 -
1977 $7,711 - $403 -
1976 $6,659 - $421 -
1975 $6,259 - $435 -
1974 $5,660 - $419 -
1973 $5,065 - $392 -
1972 $3,824 - $389 -
1971 $3,204 - $348 -
1970 $2,771 - $350 -
1969 $2,281 - - -
1968 $2,025 - - -
1967 $1,886 - - -
1966 $1,871 - - -
1965 $1,774 - - -
1964 $1,637 - - -
1963 $1,502 - - -
1962 $1,431 - - -
1961 $1,316 - - -
1960 $1,162 - - -

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

GeoRank.org/economy/germany/guinea-bissau | CC BY

Germany's GDP per capita is $60,496, ranking 18/197, compared to $1,124 in Guinea-Bissau, ranking 177/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Guinea-Bissau ranks 179th at $3,119.

Economic indicators

Germany Guinea-Bissau
Gross domestic product
$5.05T
2025
$2.53B
2025
GDP rank
3/197
2025
176/197
2025
GDP growth
0.24%
2024-2025
5.82%
2024-2025
GDP per capita
$60,496
2025
$1,124
2025
GDP per capita rank
18/197
2025
177/197
2025
GDP per capita, PPP
$73,552
2024
$3,119
2024
GDP per capita PPP rank
20/197
2024
179/197
2024
Government debt
$3.18T
2025
$1.9B
2025
Debt-to-GDP ratio
62.9%
2025
75.3%
2025
Government debt per person
$38,071
2025
$846
2025
Government debt per person rank
21/185
2025
149/185
2025
Average annual personal income after taxes
$40,352
2026
$1,483
2026
Market capitalization of domestic companies
$2.9T
2025
n/a
Number of millionaires
2,648,000
2026
n/a
Number of billionaires
212
2026
n/a
Income share by richest 10%
26.2%
2022
26.1%
2021
Income share by poorest 10%
2.3%
2022
3.4%
2021
Government expenditure, % of GDP
50.5%
2025
19.9%
2025
Consumer prices inflation
2.17%
2024-2025
0.9%
2024-2025
Unemployment rate
3.8%
2025
2.67%
2022
Population
82830814
2323460

Spending and national debt comparison by year

Germany
Spending

Debt
Guinea-Bissau
Spending

Debt
1x
Year % of GDP
Germany Guinea-Bissau
Government spending Government debt Government spending Government debt
2025 50.5% 62.9% 19.9% 75.3%
2024 49.4% 62.2% 20.4% 82.4%
2023 48.1% 62.3% 21.9% 79.4%
2022 48.6% 64.4% 21.3% 80.7%
2021 50.7% 67.9% 25% 78.8%
2020 51.1% 68% 25% 77.6%
2019 45.5% 58.7% 18.8% 65.1%
2018 44.7% 60.8% 19.5% 59.1%
2017 44.5% 64% 18.1% 51.8%
2016 44.7% 68.3% 20.5% 59.1%
2015 44.5% 71.2% 21.5% 56.3%
2014 44.5% 74.5% 23% 60.1%
2013 45.2% 77.5% 12.4% 49.6%
2012 45.1% 79.8% 13% 47.4%
2011 45.3% 78.5% 17.3% 45.6%
2010 48.1% 81% 18.5% 61.7%
2009 48.3% 72.4% 20.6% 148.3%
2008 44.4% 65.2% 21.8% 148.8%
2007 43.5% 63.7% 23.7% 164%
2006 45.3% 66.4% 19.8% 190.4%
2005 46.9% 67.1% 20.2% 203.7%
2004 47% 65% 23% 202%
2003 48.5% 63.3% 17% 183.4%
2002 48.2% 59.8% 14.1% 197.5%
2001 47.7% 58.1% 19.1% 204.4%
2000 48.1% 59.2% 23.5% 217.1%
1999 48.5% 60.3% 12.1% 109.9%
1998 48.3% 59.4% 8.72% 109.1%
1997 48.8% 58.8% 12.7% 94.3%
1996 49.6% 57.7% 8.93% 117.3%
1995 55.2% 54.9% 8.14% 103.3%
1994 48.3% 47.5% 18.4% 105.5%
1993 48.3% 45.1% 13.1% 112.4%
1992 47.4% 41.4% 10.1% 85.3%
1991 46.5% 39% 9.19% 88.9%
1990 44.7% 40.7% - -
1989 44.3% 39.2% - -
1988 45.6% 40.5% - -
1987 46% 40.1% - -
1986 45.7% 39.1% - -
1985 46.6% 39.2% - -
1984 47.2% 38.7% - -
1983 47.9% 38% - -
1982 49.1% 36.4% - -
1981 49% 33.6% - -
1980 48.2% 30.1% - -
1979 47.4% 28.2% - -
1978 47.7% 27.4% - -
1977 49% 26% - -
1976 49.4% 25.1% - -
1975 50.3% 23.7% - -
1974 46% 18.5% - -
1973 42.4% 17.3% - -
1972 41.8% 18% - -
1971 40.9% 17.7% - -
1970 39.5% 17.7% - -
1969 29.7% 20.3% - -
1968 28.5% 22.5% - -
1967 28.8% 22.5% - -
1966 28.3% 19.8% - -
1965 28.4% 18.7% - -
1964 29% 18.2% - -
1963 29.1% 18.1% - -
1962 29.2% 17.6% - -
1961 28.8% 18.7% - -
1960 22.9% 18.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

GeoRank.org/economy/germany/guinea-bissau | CC BY

In 2025, Germany's government spending was $2.55T, accounting for 50.5% of its GDP, while Guinea-Bissau spent $502M, or 19.9% of GDP.

Debt-to-GDP ratio is 62.9% in Germany and 75.3% in Guinea-Bissau, ranking 70/185 and 49/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Guinea-Bissau
1x
Year Deficit/surplus, % of GDP
Germany Guinea-Bissau
2025 -2.67% -6.69%
2024 -2.66% -7.26%
2023 -2.49% -8.15%
2022 -1.91% -6.06%
2021 -3.17% -5.88%
2020 -4.38% -9.64%
2019 1.33% -3.86%
2018 1.88% -4.76%
2017 1.34% -1.32%
2016 1.13% -5.34%
2015 0.91% -3.16%
2014 0.73% -2.44%
2013 0.12% -1.67%
2012 -0.05% -2.12%
2011 -0.84% -1.35%
2010 -4.42% -0.23%
2009 -3.18% 2.68%
2008 -0.26% -0.73%
2007 0.15% -8.77%
2006 -1.76% -4.57%
2005 -3.37% -4.96%
2004 -3.42% -5.92%
2003 -3.83% -5.63%
2002 -4.09% -3.7%
2001 -3.12% -1.83%
2000 -1.71% -2.8%
1999 -1.87% -4.06%
1998 -2.65% -5.95%
1997 -3.03% -2.56%
1996 -3.64% 3.48%
1995 -9.44% 2.45%
1994 -2.54% -5.54%
1993 -3.11% -0.34%
1992 -2.63% -0.25%
1991 -3.21% 1.61%
1990 -1.94% -
1989 0.08% -
1988 -2.02% -
1987 -1.85% -
1986 -1.18% -
1985 -1.18% -
1984 -2.04% -
1983 -2.95% -
1982 -3.56% -
1981 -4.03% -
1980 -3.02% -
1979 -2.71% -
1978 -2.62% -
1977 -2.56% -
1976 -3.5% -
1975 -5.78% -
1974 -1.69% -
1973 1.14% -
1972 -0.37% -
1971 0.16% -
1970 0.53% -
1969 -0.43% -
1968 1.39% -
1967 2.73% -
1966 1.76% -
1965 2.26% -
1964 1.49% -
1963 1.43% -
1962 0.49% -
1961 -0.12% -
1960 -0.34% -
1959 0.77% -
1958 1.77% -
1957 1.99% -
1956 0.59% -
1955 -1.41% -
1954 -0.37% -
1953 -0.13% -
1952 0% -
1951 1.15% -
1950 1.81% -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 -0.64% -
1933 -0.43% -
1932 -1.11% -
1931 -1.03% -
1930 -1.52% -
1929 -0.9% -
1928 -1.47% -
1927 -0.44% -
1926 -1.3% -
1925 0.34% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.007% -
1912 -0.26% -
1911 0.06% -
1910 -0.21% -
1909 0.11% -
1908 -0.11% -
1907 -0.14% -
1906 0.76% -
1905 1.21% -
1904 0.41% -
1903 0.88% -
1902 0.08% -
1901 0.91% -
1900 0.27% -
1899 0.6% -
1898 0.47% -
1897 0.39% -
1896 0.63% -
1895 0.47% -
1894 0.44% -
1893 0.42% -
1892 -0.24% -
1891 1.18% -
1890 0.12% -
1889 1.16% -
1888 0.62% -
1887 0.88% -
1886 0.23% -
1885 0.21% -
1884 0.23% -
1883 0.55% -
1882 0.41% -
1881 0.12% -
1880 -0.13% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

GeoRank.org/economy/germany/guinea-bissau | CC BY

In 2025, Germany's government deficit, the difference between spending and revenue, was $135B, equivalent to 2.67% of GDP. This compares to Guinea-Bissau's deficit of $169M, or 6.69% of GDP.

Over the past 35 years, Germany recorded a fiscal deficit in 27 of those years, while Guinea-Bissau ran a deficit in 31 years. On average, Germany posted an annual deficit equal to 2.05% of GDP, compared to deficit of 3.35% of GDP for Guinea-Bissau.

Inflation comparison by year

Inflation
Germany

Guinea-Bissau
1x
Year Consumer prices inflation
Germany Guinea-Bissau
2025 2.17% 0.9%
2024 2.26% 3.7%
2023 5.95% 7.2%
2022 6.87% 7.9%
2021 3.07% 3.3%
2020 0.14% 1.5%
2019 1.45% 0.3%
2018 1.73% 0.4%
2017 1.51% -0.2%
2016 0.49% 2.7%
2015 0.51% 1.5%
2014 0.91% -1%
2013 1.5% 0.8%
2012 2.01% 2.1%
2011 2.08% 5.1%
2010 1.1% 1.1%
2009 0.31% -1.6%
2008 2.63% 10.4%
2007 2.3% 4.6%
2006 1.58% 2%
2005 1.55% 3.4%
2004 1.67% 0.8%
2003 1.03% -3.5%
2002 1.42% 3.3%
2001 1.98% 3.3%
2000 1.44% 8.6%
1999 0.59% -2.1%
1998 0.91% 8.1%
1997 1.94% 49.1%

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/germany/guinea-bissau | CC BY

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.83%, compared with 4.27% in Guinea-Bissau. In 2025, inflation was 2.17% in Germany and 0.9% in Guinea-Bissau.

Top exports between countries

Germany
Export category Export value
Machinery & equipment $2.5M
Chemicals & pharma $556K
Textiles & consumer goods $297K
Processed food, beverages & tobacco $148K
Animal & marine products $100K
Wood & paper products $71K
Raw agricultural goods $69K
Metals $41K
Miscellaneous $34K
Raw materials & minerals $28K
Guinea-Bissau
Export category Export value

Balance of trade

Germany Guinea-Bissau
Current account balance
$228B
2025
-$162M
2024
Current account balance ranking
2/190
2025
87/190
2024
Current account balance, % of GDP
+4.51%
2025
-7.36%
2024
Goods imports
$1.32T
2025
$414M
2024
Goods exports
$1.53T
2025
$229M
2024
Service imports
$602B
2025
$198M
2024
Service exports
$518B
2025
$51M
2024
Imports of goods and services, % of GDP
38.1%
2025
27%
2025
Exports of goods and services, % of GDP
40.4%
2025
13.9%
2025

Economic freedom indices

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

Germany Guinea-Bissau
Economic freedom 71.7 43.2
Economic freedom ranking 30/197 181/197
Property rights 95.5 28.4
Government integrity 84.5 21
Judicial effectiveness 94.6 13.2
Tax burden 60.5 89
Government spending 28.8 86.5
Fiscal health 83.1 6.5
Business freedom 79.8 34.6
Labor freedom 52.2 55.9
Monetary freedom 72.5 75.9
Trade freedom 79.4 47
Investment freedom 60 30
Financial freedom 70 30

Economic freedom comparison by year

Germany
Guinea-Bissau
1x
Year Economic freedom index
Germany Guinea-Bissau
2026 71.7 43.2
2025 71.6 43.6
2024 72.1 42.7
2023 73.7 44.6
2022 76.1 46
2021 72.5 54.9
2020 73.5 53.3
2019 73.5 54
2018 74.2 56.9
2017 73.8 56.1
2016 74.4 51.8
2015 73.8 52
2014 73.4 51.3
2013 72.8 51.1
2012 71 50.1
2011 71.8 46.5
2010 71.1 43.6
2009 70.5 45.4
2008 70.6 44.4
2007 70.8 46.1
2006 70.8 46.5
2005 68.1 46
2004 69.5 42.6
2003 69.7 43.1
2002 70.4 42.3
2001 69.5 42.5
2000 65.7 34.7
1999 65.6 33.5
1998 64.3 -
1997 67.5 -
1996 69.1 -
1995 69.8 -

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

GeoRank.org/economy/germany/guinea-bissau | CC BY

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 43.2 for Guinea-Bissau, ranking 181/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Guinea-Bissau
Services, % of GDP
64.5%
2025
39.1%
2025
Industry, % of GDP
25.2%
2025
15.7%
2025
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
40.6%
2025
GNI, Atlas method
$5.03T
2025
$2.45B
2025
GNI per capita, PPP
$78,140
2025
$3,320
2025
Total reserves including gold
$572B
2025
n/a
Total reserves ranking
7/177
2025
n/a
Net foreign direct investment
$12.9B
2025
-$26.3M
2024
Net inflows of foreign direct investment
$62.6B
2024
$26.7M
2024
Net outflows of foreign direct investment
$87B
2024
$389K
2024
Servicing debt to the IMF, % of GNI n/a
1.77%
2024
Poverty at national poverty lines
14.8%
2021
50.5%
2021
Gross capital formation, % of GDP
21.9%
2025
25.8%
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/germany/guinea-bissau | 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 (1991–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1996, 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.