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Economy of Greece vs Uganda compared: GDP & Debt

Updated on by Georank team

Greece has a GDP of $256B compared to $53.9B for Uganda, ranking 53/197 and 89/197 by economy size, respectively.

Greece has $397B in government debt (154.8% of GDP), compared to $27.8B (51.5% of GDP) in Uganda.

Greece vs Uganda GDP by year

Greece
Uganda
1x
Year GDP, current $
Greece Uganda
2024 $256,238,371,778 $53,911,907,086
2023 $242,946,187,738 $48,768,955,863
2022 $217,990,189,601 $45,565,333,211
2021 $218,303,801,895 $40,529,788,749
2020 $191,362,985,555 $37,600,368,242
2019 $207,305,649,887 $35,353,061,003
2018 $213,298,873,494 $32,927,025,620
2017 $200,381,103,984 $30,744,473,841
2016 $193,097,239,006 $29,203,988,696
2015 $194,567,373,678 $32,387,183,730
2014 $233,911,581,521 $32,612,397,257
2013 $236,556,279,641 $28,915,786,517
2012 $238,841,140,018 $27,305,915,911
2011 $283,228,079,776 $27,871,725,241
2010 $296,417,644,404 $26,673,441,431
2009 $326,829,054,686 $25,127,805,567
2008 $351,121,399,546 $14,440,404,132
2007 $314,226,996,944 $11,902,564,495
2006 $269,073,415,334 $9,977,647,683
2005 $242,315,668,619 $9,239,221,763
2004 $234,979,615,898 $7,939,487,548
2003 $196,930,509,813 $6,606,884,275
2002 $150,253,800,086 $6,178,563,591
2001 $132,050,474,720 $5,840,503,869
2000 $125,760,166,225 $6,193,246,837
1999 $137,131,371,955 $5,998,563,258
1998 $139,612,812,176 $6,584,815,847
1997 $138,766,067,640 $6,269,333,313
1996 $142,502,984,145 $6,044,585,327
1995 $134,974,613,914 $5,755,818,842
1994 $114,980,063,202 $3,990,430,447
1993 $107,295,704,518 $3,220,439,044
1992 $114,608,178,405 $2,857,457,762
1991 $103,680,863,713 $3,321,729,160
1990 $96,529,587,274 $4,304,399,310
1989 $78,067,933,277 $5,276,480,799
1988 $75,200,610,137 $6,508,931,652
1987 $64,739,630,096 $6,269,522,042
1986 $55,595,445,472 $3,923,244,050
1985 $47,155,741,426 $3,519,695,444
1984 $47,352,146,312 $3,615,647,477
1983 $48,741,397,059 $2,240,333,333
1982 $53,858,346,939 $2,177,500,000
1981 $51,618,456,335 $1,337,300,000
1980 $56,039,256,595 $1,244,610,000
1979 $53,724,121,435 $2,139,025,000
1978 $43,654,480,519 $2,420,260,870
1977 $35,673,080,481 $2,936,470,588
1976 $30,719,552,239 $2,447,300,000
1975 $28,129,128,587 $2,359,555,556
1974 $24,998,715,909 $2,098,944,967
1973 $22,037,019,563 $1,701,829,789
1972 $16,650,659,091 $1,490,970,181
1971 $14,388,806,818 $1,417,191,656
1970 $12,957,113,636 $1,259,554,809
1969 $11,454,106,327 $1,168,556,629
1968 $9,950,331,206 $1,037,379,252
1967 $9,146,592,856 $967,240,655
1966 $8,472,021,467 $925,381,492
1965 $7,582,209,670 $884,502,310
1964 $6,576,906,345 $589,247,687
1963 $5,813,285,627 $516,315,231
1962 $5,140,542,929 $449,158,233
1961 $4,892,397,431 $441,667,335
1960 $4,274,890,307 $423,145,605

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/greece/uganda | CC BY

GDP per capita in Greece vs Uganda by year

Greece
GDP per capita

GDP per capita, PPP
Uganda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Greece Uganda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $24,626 $44,327 $1,078 $3,273
2023 $23,344 $42,711 $1,002 $3,098
2022 $20,887 $39,612 $963 $2,919
2021 $20,655 $33,531 $883 $2,685
2020 $17,887 $29,533 $846 $2,532
2019 $19,335 $31,927 $822 $2,441
2018 $19,873 $29,792 $792 $2,312
2017 $18,632 $28,682 $765 $2,158
2016 $17,919 $27,505 $753 $2,165
2015 $17,981 $26,608 $863 $2,190
2014 $21,475 $26,450 $896 $2,134
2013 $21,573 $25,731 $818 $2,045
2012 $21,624 $24,583 $795 $2,032
2011 $25,505 $25,693 $836 $2,268
2010 $26,653 $27,839 $823 $2,092
2009 $29,425 $29,963 $799 $2,015
2008 $31,696 $30,441 $473 $1,931
2007 $28,441 $28,896 $401 $1,795
2006 $24,416 $28,076 $347 $1,660
2005 $22,054 $25,004 $330 $1,497
2004 $21,449 $24,826 $292.4 $1,405
2003 $18,021 $23,253 $250.7 $1,320
2002 $13,782 $21,985 $242 $1,255
2001 $12,157 $20,304 $236 $1,173
2000 $11,638 $18,820 $258.1 $1,124
1999 $12,743 $17,758 $257.9 $1,100
1998 $13,023 $17,434 $292.5 $1,037
1997 $13,016 $16,630 $286.8 $1,007
1996 $13,433 $15,778 $284.7 $969
1995 $12,779 $15,218 $278.5 $897
1994 $10,937 $14,667 $198.4 $809
1993 $10,257 $14,150 $165.6 $770
1992 $11,021 $14,130 $152.1 $719
1991 $10,047 $13,824 $183 $703
1990 $9,467 $13,126 $245 $666
1989 $7,738 - $310 -
1988 $7,492 - $395 -
1987 $6,474 - $393 -
1986 $5,578 - $253.6 -
1985 $4,747 - $234.3 -
1984 $4,785 - $247.5 -
1983 $4,950 - $157.5 -
1982 $5,502 - $157 -
1981 $5,305 - $98.6 -
1980 $5,812 - $93.8 -
1979 $5,627 - $164.5 -
1978 $4,629 - $190.7 -
1977 $3,832 - $237.6 -
1976 $3,343 - $203.3 -
1975 $3,109 - $201.2 -
1974 $2,789 - $183.7 -
1973 $2,468 - $152.7 -
1972 $1,873 - $137 -
1971 $1,629 - $133.5 -
1970 $1,474 - $122 -
1969 $1,306 - $116.7 -
1968 $1,138 - $106.9 -
1967 $1,053 - $102.8 -
1966 $984 - $101.4 -
1965 $887 - $100 -
1964 $773 - $68.6 -
1963 $686 - $62 -
1962 $608 - $55.5 -
1961 $583 - $56.2 -
1960 $513 - $55.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/greece/uganda | CC BY

Greece's GDP per capita is $24,626, ranking 49/197, compared to $1,078 in Uganda, ranking 176/197. Adjusted for purchasing power (GDP per capita PPP), Greece ranks 52nd at $44,327, while Uganda ranks 176th at $3,273.

Economic indicators

Greece Uganda
Gross domestic product
$256B
2024
$53.9B
2024
GDP rank
53/197
2024
89/197
2024
GDP growth
2.09%
2023-2024
6.06%
2023-2024
GDP per capita
$24,626
2024
$1,078
2024
GDP per capita rank
49/197
2024
176/197
2024
GDP per capita, PPP
$44,327
2024
$3,273
2024
GDP per capita PPP rank
52/197
2024
176/197
2024
Government debt
$397B
2024
$27.8B
2024
Debt-to-GDP ratio
154.8%
2024
51.5%
2024
Government debt per person
$38,119
2024
$555
2024
Government debt per person rank
16/185
2024
163/185
2024
Average annual personal income after taxes
$14,396
2026
$1,466
2026
Market capitalization of domestic companies
$83.2B
2024
n/a
Number of billionaires
16
2025
n/a
Income share by richest 10%
26%
2023
34.5%
2019
Income share by poorest 10%
2.7%
2023
2.4%
2019
Government expenditure, % of GDP
48%
2024
18.7%
2024
Consumer prices inflation
2.74%
2023-2024
3.3%
2023-2024
Central bank interest rate n/a
9.75%
2024
Unemployment rate
10%
2024
3.42%
2021
Population
10181414
53170946

Spending and national debt comparison by year

Greece
Spending

Debt
Uganda
Spending

Debt
1x
Year % of GDP
Greece Uganda
Government spending Government debt Government spending Government debt
2024 48% 154.8% 18.7% 51.5%
2023 49.5% 165.2% 19.3% 50.5%
2022 52.8% 178.4% 19.5% 50.2%
2021 56.7% 197.8% 22% 50.3%
2020 59.3% 209.9% 21.4% 46.3%
2019 47.6% 183.7% 18.3% 37.5%
2018 48.6% 189.6% 16.2% 34.9%
2017 48.5% 182.6% 16.3% 33.6%
2016 50.3% 183.7% 15.2% 31.3%
2015 51.9% 180% 14.9% 28%
2014 51.5% 182.8% 13.6% 24.8%
2013 53% 180.5% 13.3% 22.1%
2012 54.9% 164.3% 13.1% 19.5%
2011 55.1% 175.1% 13.2% 18%
2010 53.1% 147.8% 15.4% 18.4%
2009 54.8% 128.5% 11.8% 14.8%
2008 51.5% 110.9% 12.9% 15.7%
2007 47.8% 104.6% 13.2% 17%
2006 45.9% 105.3% 13.7% 27.8%
2005 46.6% 109.9% 14.5% 42.6%
2004 48.8% 105.5% 15.6% 49%
2003 47.9% 104.3% 16.5% 55.1%
2002 47.1% 107.9% 16.8% 54.7%
2001 47.5% 110.5% 16.2% 51.4%
2000 48.2% 108.9% 15.2% 48.5%
1999 48% 102.8% 14.7% 47.7%
1998 46.7% 100.8% 14% 45.1%
1997 45.1% 102.6% 13.9% 44.2%
1996 46.1% 103.7% - -
1995 46.6% 100.4% - -
1994 36.9% 99.7% - -
1993 38.6% 101.7% - -
1992 36.9% 81.1% - -
1991 35.2% 75.7% - -
1990 38.5% 74.2% - -
1989 34.8% 60.7% - -
1988 33.8% 57.9% - -
1987 34% 53.2% - -
1986 33.8% 47.8% - -
1985 34.2% 47.3% - -
1984 32% 40.6% - -
1983 30.2% 34.1% - -
1982 28.7% 29.7% - -
1981 28.1% 27.1% - -
1980 24.5% 22.8% - -
1979 24.1% 22.7% - -
1978 30.1% 32.3% - -
1977 30.1% 24.5% - -
1976 29.1% 23.7% - -
1975 28.7% 24.1% - -
1974 25.3% 22.5% - -
1973 24.3% 22% - -
1972 26.8% 26.5% - -
1971 25.8% 25% - -
1970 25.2% 24.7% - -
1969 29.7% 25.8% - -
1968 26.3% 23% - -
1967 24.6% 21.1% - -
1966 22.8% 19% - -
1965 21.7% 16.5% - -
1964 20.4% 21.3% - -
1963 19.5% 22.6% - -
1962 19.7% 16.6% - -
1961 19.3% 14.4% - -
1960 20% 13.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/greece/uganda | CC BY

In 2024, Greece's government spending was $123B, accounting for 48% of its GDP, while Uganda spent $10.1B, or 18.7% of GDP.

Debt-to-GDP ratio is 154.8% in Greece and 51.5% in Uganda, ranking 7/185 and 103/185, respectively.

Government deficit by year

Deficit/surplus
Greece

Uganda
1x
Year Deficit/surplus, % of GDP
Greece Uganda
2024 1.34% -3.99%
2023 -1.35% -4.87%
2022 -2.46% -5.45%
2021 -7.58% -7.76%
2020 -10.3% -7.76%
2019 -0.09% -4.82%
2018 0.78% -3.02%
2017 1.05% -3.83%
2016 0.28% -2.64%
2015 -3.03% -2.59%
2014 -4.29% -2.74%
2013 -4.06% -3.19%
2012 -6.94% -2.39%
2011 -10.5% -2.04%
2010 -11.4% -4.64%
2009 -15.4% -1.61%
2008 -10.3% -1.99%
2007 -6.81% -0.82%
2006 -6.04% -0.64%
2005 -6.33% -0.17%
2004 -9.05% 0.34%
2003 -8.05% -0.97%
2002 -6.2% -2.07%
2001 -5.64% -0.99%
2000 -4.21% -0.62%
1999 -6.02% -1.24%
1998 -6.48% -0.7%
1997 -6.25% -0.83%
1996 -8.35% -
1995 -9.87% -
1994 -8.48% -
1993 -11.5% -
1992 -10.6% -
1991 -9.63% -
1990 -13.3% -
1989 -11.9% -
1988 -9.63% -
1987 -8.09% -
1986 -8.62% -
1985 -9.56% -
1984 -7.19% -
1983 -6.17% -
1982 -5.49% -
1981 -7.08% -
1980 -2.5% -
1979 -2.34% -
1978 -5.39% -
1977 -5.21% -
1976 -5.05% -
1975 -5.3% -
1974 -4.39% -
1973 -3.71% -
1972 -4.16% -
1971 -3.32% -
1970 -3.24% -
1969 -6.65% -
1968 -3.39% -
1967 -2.59% -
1966 -2.17% -
1965 -2.55% -
1964 -2.89% -
1963 -2.25% -
1962 -2.4% -
1961 -2.69% -
1960 -3.3% -
1959 -2.77% -
1958 -2.27% -
1957 -2.45% -
1956 -0.39% -
1955 -3.57% -
1954 -2.87% -
1953 -3.01% -
1952 -7.21% -
1951 -11.5% -
1950 -12.7% -
1949 -10.4% -
1948 -7.65% -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 0.48% -
1938 1.78% -
1937 1.06% -
1936 0.95% -
1935 0.72% -
1934 0.88% -
1933 -2.79% -
1932 -1.78% -
1931 -4% -
1930 -2.23% -
1929 -18.7% -
1928 -0.27% -
1927 2.65% -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -8.96% -
1912 -7.43% -
1911 -4.61% -
1910 -1.53% -
1909 -2.64% -
1908 -1.54% -
1907 -1.23% -
1906 0.66% -
1905 0.91% -
1904 -0.04% -
1903 -0.22% -
1902 -1.67% -
1901 0.1% -
1900 0.41% -
1899 0.86% -
1898 -34.5% -
1897 -8.46% -
1896 0.82% -
1895 0.37% -
1894 2.91% -
1893 0.14% -
1892 -2.28% -
1891 -6.48% -
1890 -11.2% -
1889 -15.7% -
1888 -3.59% -
1887 -4.88% -
1886 -11.5% -
1885 -12.1% -
1884 -7.16% -
1883 -2.42% -
1882 -1.69% -
1881 -14.5% -
1880 -13.5% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/greece/uganda | CC BY

In 2024, Greece's government surplus, the difference between spending and revenue, was $3.43B, equivalent to 1.34% of GDP. This compares to Uganda's deficit of $2.15B, or 3.99% of GDP.

Over the past 28 years, Greece recorded a fiscal deficit in 24 of those years, while Uganda ran a deficit in 27 years. On average, Greece posted an annual deficit equal to 5.55% of GDP, compared to deficit of 2.64% of GDP for Uganda.

Inflation comparison by year

Inflation
Greece

Uganda
1x
Year Consumer prices inflation
Greece Uganda
2024 2.74% 3.3%
2023 3.46% 5.4%
2022 9.65% 7.2%
2021 1.22% 2.2%
2020 -1.25% 2.8%
2019 0.25% 2.1%
2018 0.63% 2.5%
2017 1.12% 5.6%
2016 -0.83% 5.2%
2015 -1.74% 3.7%
2014 -1.31% 4.3%
2013 -0.92% 5.5%
2012 1.5% 14%
2011 3.33% 18.7%
2010 4.71% 4%
2009 1.21% 13%
2008 4.15% 12%
2007 2.9% 6.1%
2006 3.2% 7.2%
2005 3.55% 8.6%
2004 2.9% 3.7%
2003 3.53% 8.7%
2002 3.63% -0.3%
2001 3.37% 1.9%
2000 3.15% 3.4%
1999 2.64% 5.8%
1998 4.77% 5.8%
1997 5.54% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/greece/uganda | CC BY

Over the past 28 years, Greece has recorded an average annual inflation rate of 2.4%, compared with 6.08% in Uganda. In 2024, inflation was 2.74% in Greece and 3.3% in Uganda.

Top exports between countries

Greece
Export category Export value
Chemicals & pharma $6.71M
Metals $1.38M
Machinery & equipment $1.26M
Processed food, beverages & tobacco $611K
Raw materials & minerals $476K
Textiles & consumer goods $231K
Wood & paper products $209K
Raw agricultural goods $55K
Animal & marine products $3K
Miscellaneous $2K
Uganda
Export category Export value
Raw agricultural goods $18.8M
Animal & marine products $3.39M
Textiles & consumer goods $1.07M
Processed food, beverages & tobacco $495K
Raw materials & minerals $71K
Wood & paper products $9K

Balance of trade

Greece Uganda
Current account balance
-$18.2B
2024
-$4.29B
2024
Current account balance ranking
182/190
2024
164/190
2024
Current account balance, % of GDP
-7.11%
2024
-7.96%
2024
Goods imports
$91.2B
2024
$11.7B
2024
Goods exports
$52.6B
2024
$8.67B
2024
Service imports
$31.1B
2024
$4.38B
2024
Service exports
$55.8B
2024
$2.39B
2024
Imports of goods and services, % of GDP
47.7%
2024
25.9%
2024
Exports of goods and services, % of GDP
42.1%
2024
16.8%
2024

Economic freedom indices

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

Greece Uganda
Economic freedom 63.2 52.4
Economic freedom ranking 82/197 149/197
Property rights 78 42.2
Government integrity 54.8 25.1
Judicial effectiveness 68 29.4
Tax burden 59.9 73.4
Government spending 24.7 89
Fiscal health 78.9 58.3
Business freedom 77.8 50.2
Labor freedom 59.7 55.9
Monetary freedom 72.6 77.1
Trade freedom 79.4 58
Investment freedom 55 30
Financial freedom 50 40

Economic freedom comparison by year

Greece
Uganda
1x
Year Economic freedom index
Greece Uganda
2026 63.2 52.4
2025 60.6 51.3
2024 55.1 50.7
2023 56.9 51.4
2022 61.5 54.2
2021 60.9 58.6
2020 59.9 59.5
2019 57.7 59.7
2018 57.3 62
2017 55 60.9
2016 53.2 59.3
2015 54 59.7
2014 55.7 59.9
2013 55.4 61.1
2012 55.4 61.9
2011 60.3 61.7
2010 62.7 62.2
2009 60.8 63.5
2008 60.6 63.8
2007 58.7 63.1
2006 60.1 63.9
2005 59 62.9
2004 59.1 64.1
2003 58.8 60.1
2002 59.1 61
2001 63.4 60.4
2000 61 58.2
1999 61 64.8
1998 60.6 64.7
1997 59.6 66.6
1996 60.5 66.2
1995 61.2 62.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/greece/uganda | CC BY

The Economic Freedom Index for Greece is 63.2, ranking 82/197, compared to 52.4 for Uganda, ranking 149/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Greece Uganda
Services, % of GDP
68%
2024
43.1%
2024
Industry, % of GDP
15%
2024
24.9%
2024
Agriculture, forestry, and fishing, % of GDP
3.77%
2024
24.6%
2024
GNI, Atlas method
$236B
2024
$50.9B
2024
GNI per capita, PPP
$43,340
2024
$3,190
2024
Total reserves including gold
$15.2B
2024
$3.36B
2018
Total reserves ranking
67/177
2024
114/177
2018
Net foreign direct investment
-$4.52B
2024
-$3.26B
2024
Net inflows of foreign direct investment
$6.74B
2024
$3.26B
2024
Net outflows of foreign direct investment
$2.22B
2024
$400K
2024
Servicing debt to the IMF, % of GNI n/a
2.96%
2024
Poverty at national poverty lines
18.8%
2021
20.3%
2019
Gross capital formation, % of GDP
18.3%
2024
22.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/greece/uganda | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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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.