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Economy of Germany vs Russia compared: GDP & Debt

Updated on by Georank

Germany has a GDP of $5.05T compared to $2.56T for Russia, ranking 3/197 and 8/197 by economy size, respectively.

Germany has $3.18T in government debt (62.9% of GDP), compared to $440B (17.2% of GDP) in Russia.

Germany vs Russia GDP by year

Germany
Russia
1x
Year GDP, current $
Germany Russia
2025 $5,050,922,925,047 $2,561,310,169,359
2024 $4,685,592,577,805 $2,186,462,268,813
2023 $4,562,207,532,490 $2,046,284,838,151
2022 $4,201,021,706,479 $2,292,495,097,681
2021 $4,355,251,953,411 $1,829,186,719,575
2020 $3,941,398,957,074 $1,493,075,894,362
2019 $3,959,894,794,039 $1,693,115,002,708
2018 $4,055,433,215,302 $1,657,328,773,461
2017 $3,765,351,626,106 $1,574,199,360,089
2016 $3,536,787,895,179 $1,276,786,350,881
2015 $3,425,099,578,746 $1,363,482,182,198
2014 $3,964,870,735,761 $2,059,241,589,895
2013 $3,807,023,797,051 $2,292,470,078,346
2012 $3,596,483,233,406 $2,208,293,553,878
2011 $3,823,575,803,794 $2,045,922,753,398
2010 $3,467,093,769,667 $1,524,916,715,224
2009 $3,478,545,516,684 $1,222,645,900,056
2008 $3,808,197,720,125 $1,660,848,058,303
2007 $3,484,056,680,855 $1,299,703,478,482
2006 $3,046,308,753,671 $989,932,071,353
2005 $2,893,393,187,362 $764,015,973,481
2004 $2,852,317,768,062 $591,016,690,732
2003 $2,534,715,518,349 $430,347,420,185
2002 $2,102,350,798,306 $345,470,494,418
2001 $1,966,381,496,642 $306,602,070,621
2000 $1,966,980,701,145 $259,710,142,197
1999 $2,213,873,468,587 $195,907,128,351
1998 $2,247,760,364,566 $270,955,486,862
1997 $2,218,790,886,533 $404,928,954,192
1996 $2,506,576,553,158 $391,724,890,744
1995 $2,593,053,091,306 $395,537,185,735
1994 $2,215,282,632,277 $395,077,301,248
1993 $2,078,954,217,438 $435,083,713,851
1992 $2,141,377,582,968 $460,290,556,901
1991 $1,875,792,575,133 $517,962,962,963
1990 $1,778,162,195,860 $517,014,446,228
1989 $1,404,092,925,205 $506,631,299,735
1988 $1,406,367,016,372 $554,828,660,436
1987 $1,302,932,318,825 -
1986 $1,050,092,624,516 -
1985 $735,218,723,093 -
1984 $727,767,760,979 -
1983 $773,507,930,295 -
1982 $779,421,633,755 -
1981 $803,404,797,058 -
1980 $953,772,499,462 -
1979 $884,574,218,333 -
1978 $743,182,891,918 -
1977 $602,698,323,086 -
1976 $521,658,712,133 -
1975 $492,434,094,920 -
1974 $446,934,971,657 -
1973 $399,833,571,167 -
1972 $300,899,944,795 -
1971 $250,900,942,397 -
1970 $216,629,229,947 -
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/russia | CC BY

GDP per capita in Germany vs Russia by year

Germany
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Germany Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $60,496 - $17,847 -
2024 $56,104 $73,552 $15,219 $47,362
2023 $54,777 $71,684 $14,227 $44,269
2022 $50,507 $69,049 $15,894 $40,939
2021 $52,349 $62,531 $12,637 $38,638
2020 $47,395 $58,686 $10,280 $31,491
2019 $47,656 $59,271 $11,640 $30,964
2018 $48,916 $56,273 $11,399 $28,629
2017 $45,554 $54,110 $10,835 $25,778
2016 $42,949 $51,570 $8,804 $24,012
2015 $41,930 $48,545 $9,427 $23,994
2014 $48,960 $47,939 $14,277 $25,688
2013 $47,207 $45,889 $15,941 $26,020
2012 $44,718 $44,229 $15,402 $24,274
2011 $47,631 $43,398 $14,305 $22,790
2010 $42,397 $39,726 $10,675 $20,490
2009 $42,472 $37,574 $8,563 $19,390
2008 $46,379 $38,444 $11,635 $20,164
2007 $42,351 $36,914 $9,101 $16,648
2006 $36,980 $34,741 $6,920 $14,912
2005 $35,084 $32,314 $5,323 $11,822
2004 $34,567 $31,753 $4,102 $10,227
2003 $30,711 $30,301 $2,975 $9,255
2002 $25,487 $29,514 $2,378 $8,037
2001 $23,878 $28,674 $2,100 $7,361
2000 $23,926 $27,474 $1,772 $6,825
1999 $26,965 $26,518 $1,331 $5,914
1998 $27,396 $25,446 $1,835 $5,465
1997 $27,047 $24,649 $2,738 $5,700
1996 $30,600 $24,169 $2,644 $5,518
1995 $31,747 $23,631 $2,666 $5,613
1994 $27,202 $22,869 $2,662 $5,734
1993 $25,617 $21,900 $2,931 $6,420
1992 $26,560 $21,746 $3,099 $6,862
1991 $23,443 $21,001 $3,490 $7,858
1990 $22,386 $19,468 $3,494 $8,028
1989 $17,829 - $3,430 -
1988 $17,997 - $3,778 -
1987 $16,739 - - -
1986 $13,511 - - -
1985 $9,464 - - -
1984 $9,347 - - -
1983 $9,900 - - -
1982 $9,950 - - -
1981 $10,246 - - -
1980 $12,183 - - -
1979 $11,322 - - -
1978 $9,517 - - -
1977 $7,711 - - -
1976 $6,659 - - -
1975 $6,259 - - -
1974 $5,660 - - -
1973 $5,065 - - -
1972 $3,824 - - -
1971 $3,204 - - -
1970 $2,771 - - -
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/russia | CC BY

Germany's GDP per capita is $60,496, ranking 18/197, compared to $17,847 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Germany ranks 20th at $73,552, while Russia ranks 50th at $47,362.

Economic indicators

Germany Russia
Gross domestic product
$5.05T
2025
$2.56T
2025
GDP rank
3/197
2025
8/197
2025
GDP growth
0.24%
2024-2025
1%
2024-2025
GDP per capita
$60,496
2025
$17,847
2025
GDP per capita rank
18/197
2025
68/197
2025
GDP per capita, PPP
$73,552
2024
$47,362
2024
GDP per capita PPP rank
20/197
2024
50/197
2024
Government debt
$3.18T
2025
$440B
2025
Debt-to-GDP ratio
62.9%
2025
17.2%
2025
Government debt per person
$38,071
2025
$3,068
2025
Government debt per person rank
21/185
2025
105/185
2025
Average annual personal income after taxes
$40,352
2026
$11,183
2026
Market capitalization of domestic companies
$2.9T
2025
$650B
2023
Number of millionaires
2,648,000
2026
447,000
2026
Number of billionaires
212
2026
147
2026
Income share by richest 10%
26.2%
2022
25.1%
2023
Income share by poorest 10%
2.3%
2022
3.1%
2023
Government expenditure, % of GDP
50.5%
2025
39.1%
2025
Consumer prices inflation
2.17%
2024-2025
8.7%
2024-2025
Central bank interest rate n/a
14.5%
2026
Unemployment rate
3.8%
2025
2.13%
2025
Population
82830814
142643173

Spending and national debt comparison by year

Germany
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Germany Russia
Government spending Government debt Government spending Government debt
2025 50.5% 62.9% 39.1% 17.2%
2024 49.4% 62.2% 36.7% 14.8%
2023 48.1% 62.3% 36.1% 15.2%
2022 48.6% 64.4% 35.1% 15.1%
2021 50.7% 67.9% 34.9% 16.5%
2020 51.1% 68% 39.2% 19.2%
2019 45.5% 58.7% 33.8% 13.7%
2018 44.7% 60.8% 32.6% 13.6%
2017 44.5% 64% 34.8% 14.3%
2016 44.7% 68.3% 36.6% 14.8%
2015 44.5% 71.2% 35.3% 15.3%
2014 44.5% 74.5% 34.9% 15.1%
2013 45.2% 77.5% 34.7% 12.3%
2012 45.1% 79.8% 34% 11.2%
2011 45.3% 78.5% 33.3% 10.3%
2010 48.1% 81% 35.5% 10.1%
2009 48.3% 72.4% 38.6% 9.92%
2008 44.4% 65.2% 32% 7.45%
2007 43.5% 63.7% 31.9% 8.03%
2006 45.3% 66.4% 29% 9.8%
2005 46.9% 67.1% 29.5% 14.9%
2004 47% 65% 29.6% 20.8%
2003 48.5% 63.3% 32.6% 28.3%
2002 48.2% 59.8% 33.8% 37.6%
2001 47.7% 58.1% 31.5% 44.4%
2000 48.1% 59.2% 30.7% 55.9%
1999 48.5% 60.3% 34.3% 92.4%
1998 48.3% 59.4% 39.7% 135.2%
1997 48.8% 58.8% - 51.5%
1996 49.6% 57.7% - 51.9%
1995 55.2% 54.9% - 53.7%
1994 48.3% 47.5% - 63.5%
1993 48.3% 45.1% - 92.4%
1992 47.4% 41.4% - 116%
1991 46.5% 39% - -
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/russia | CC BY

In 2025, Germany's government spending was $2.55T, accounting for 50.5% of its GDP, while Russia spent $1T, or 39.1% of GDP.

Debt-to-GDP ratio is 62.9% in Germany and 17.2% in Russia, ranking 70/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Germany

Russia
1x
Year Deficit/surplus, % of GDP
Germany Russia
2025 -2.67% -3.9%
2024 -2.66% -1.59%
2023 -2.49% -2.24%
2022 -1.91% -1.34%
2021 -3.17% 0.78%
2020 -4.38% -3.99%
2019 1.33% 1.93%
2018 1.88% 2.92%
2017 1.34% -1.47%
2016 1.13% -3.67%
2015 0.91% -3.39%
2014 0.73% -1.07%
2013 0.12% -1.16%
2012 -0.05% 0.38%
2011 -0.84% 1.43%
2010 -4.42% -3.19%
2009 -3.18% -5.89%
2008 -0.26% 4.55%
2007 0.15% 5.59%
2006 -1.76% 7.8%
2005 -3.37% 7.6%
2004 -3.42% 4.57%
2003 -3.83% 1.35%
2002 -4.09% 0.67%
2001 -3.12% 2.99%
2000 -1.71% 3.11%
1999 -1.87% -3.59%
1998 -2.65% -7.42%
1997 -3.03% -
1996 -3.64% -
1995 -9.44% -
1994 -2.54% -
1993 -3.11% -
1992 -2.63% -
1991 -3.21% -
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 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 -0.64% 0.25%
1933 -0.43% 0.58%
1932 -1.11% 0.06%
1931 -1.03% -1.12%
1930 -1.52% -1.62%
1929 -0.9% -0.4%
1928 -1.47% -0.4%
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% 0.69%
1911 0.06% 1.26%
1910 -0.21% 1.52%
1909 0.11% -0.15%
1908 -0.11% -0.83%
1907 -0.14% -0.86%
1906 0.76% -3.19%
1905 1.21% -7.72%
1904 0.41% -5.13%
1903 0.88% 1.04%
1902 0.08% -1.57%
1901 0.91% 0.14%
1900 0.27% -0.36%
1899 0.6% 0.66%
1898 0.47% 0.03%
1897 0.39% 0.34%
1896 0.63% 1.3%
1895 0.47% 0.7%
1894 0.44% 1.43%
1893 0.42% 0.63%
1892 -0.24% -1.16%
1891 1.18% -0.97%
1890 0.12% 0.01%
1889 1.16% 1.34%
1888 0.62% 0.88%
1887 0.88% 0.14%
1886 0.23% -0.84%
1885 0.21% -0.75%
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/russia | 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 Russia's deficit of $100B, or 3.9% of GDP.

Over the past 28 years, Germany recorded a fiscal deficit in 20 of those years, while Russia ran a deficit in 14 years. On average, Germany posted an annual deficit equal to 1.58% of GDP, compared to surplus of 0.06% of GDP for Russia.

Inflation comparison by year

Inflation
Germany

Russia
1x
Year Consumer prices inflation
Germany Russia
2025 2.17% 8.7%
2024 2.26% 8.4%
2023 5.95% 5.9%
2022 6.87% 13.7%
2021 3.07% 6.7%
2020 0.14% 3.4%
2019 1.45% 4.5%
2018 1.73% 2.9%
2017 1.51% 3.7%
2016 0.49% 7%
2015 0.51% 15.5%
2014 0.91% 7.8%
2013 1.5% 6.8%
2012 2.01% 5.1%
2011 2.08% 8.4%
2010 1.1% 6.8%
2009 0.31% 11.6%
2008 2.63% 14.1%
2007 2.3% 9%
2006 1.58% 9.7%
2005 1.55% 12.7%
2004 1.67% 10.9%
2003 1.03% 13.7%
2002 1.42% 15.8%
2001 1.98% 21.5%
2000 1.44% 20.8%
1999 0.59% 85.7%
1998 0.91% 27.7%
1997 1.94% 14.8%

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/russia | CC BY

Over the past 29 years, Germany has recorded an average annual inflation rate of 1.83%, compared with 13.2% in Russia. In 2025, inflation was 2.17% in Germany and 8.7% in Russia.

Top exports between countries

Germany
Export category Export value
Chemicals & pharma $3.77B
Machinery & equipment $2.24B
Processed food, beverages & tobacco $974M
Textiles & consumer goods $476M
IT & IP services $384M
Transport & tourism services $315M
Raw agricultural goods $238M
Business & finance services $122M
Manufacturing & construction services $110M
Metals $108M
Russia
Export category Export value
Raw materials & minerals $13.1B
Miscellaneous $11B
Metals $1.76B
Transport & tourism services $1.51B
Precious metals & jewellery $1.46B
Business & finance services $1.03B
Machinery & equipment $874M
Wood & paper products $695M
Manufacturing & construction services $492M
IT & IP services $443M

Balance of trade

Germany Russia
Current account balance
$228B
2025
$43.1B
2025
Current account balance ranking
2/190
2025
14/190
2025
Current account balance, % of GDP
+4.51%
2025
+1.68%
2025
Goods imports
$1.32T
2025
$305B
2025
Goods exports
$1.53T
2025
$422B
2025
Service imports
$602B
2025
$94.8B
2025
Service exports
$518B
2025
$46.3B
2025
Imports of goods and services, % of GDP
38.1%
2025
15.5%
2025
Exports of goods and services, % of GDP
40.4%
2025
18.2%
2025

Economic freedom indices

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

Germany Russia
Economic freedom 71.7 50.3
Economic freedom ranking 30/197 161/197
Property rights 95.5 18.6
Government integrity 84.5 22.8
Judicial effectiveness 94.6 22.8
Tax burden 60.5 81.9
Government spending 28.8 61.3
Fiscal health 83.1 94.4
Business freedom 79.8 51.4
Labor freedom 52.2 59.1
Monetary freedom 72.5 61.8
Trade freedom 79.4 69.4
Investment freedom 60 30
Financial freedom 70 30

Economic freedom comparison by year

Germany
Russia
1x
Year Economic freedom index
Germany Russia
2026 71.7 50.3
2025 71.6 51.6
2024 72.1 52
2023 73.7 53.8
2022 76.1 56.1
2021 72.5 61.5
2020 73.5 61
2019 73.5 58.9
2018 74.2 58.2
2017 73.8 57.1
2016 74.4 50.6
2015 73.8 52.1
2014 73.4 51.9
2013 72.8 51.1
2012 71 50.5
2011 71.8 50.5
2010 71.1 50.3
2009 70.5 50.8
2008 70.6 49.8
2007 70.8 52.2
2006 70.8 52.4
2005 68.1 51.3
2004 69.5 52.8
2003 69.7 50.8
2002 70.4 48.7
2001 69.5 49.8
2000 65.7 51.8
1999 65.6 54.5
1998 64.3 52.8
1997 67.5 48.6
1996 69.1 51.6
1995 69.8 51.1

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

GeoRank.org/economy/germany/russia | CC BY

The Economic Freedom Index for Germany is 71.7, ranking 30/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Germany Russia
Services, % of GDP
64.5%
2025
58.9%
2025
Industry, % of GDP
25.2%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
0.87%
2025
3.06%
2025
GNI, Atlas method
$5.03T
2025
$2.33T
2025
GNI per capita, PPP
$78,140
2025
$49,220
2025
Total reserves including gold
$572B
2025
$608B
2024
Total reserves ranking
7/177
2025
6/177
2024
Net foreign direct investment
$12.9B
2025
-$12.4B
2025
Net inflows of foreign direct investment
$62.6B
2024
-$9.35B
2024
Net outflows of foreign direct investment
$87B
2024
-$170M
2024
Servicing debt to the IMF, % of GNI n/a
2.63%
2024
Poverty at national poverty lines
14.8%
2021
7.2%
2024
Gross capital formation, % of GDP
21.9%
2025
25.9%
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/germany/russia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1996, 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.