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Economy of Haiti vs Turkey compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $1.6T for Turkey, ranking 112/197 and 16/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $375B (23.5% of GDP) in Turkey.

Haiti vs Turkey GDP by year

Haiti
Turkey
1x
Year GDP, current $
Haiti Turkey
2025 $32,077,278,409 $1,597,293,229,287
2024 $24,255,657,481 $1,359,123,768,774
2023 $19,572,288,894 $1,141,242,864,657
2022 $20,113,007,126 $926,097,476,914
2021 $20,754,978,152 $839,938,668,172
2020 $14,508,222,518 $733,628,247,119
2019 $15,016,090,930 $775,853,144,223
2018 $16,403,864,618 $788,356,985,774
2017 $15,093,357,161 $863,874,522,365
2016 $14,069,277,526 $870,818,016,910
2015 $14,849,629,309 $865,460,050,684
2014 $15,146,883,498 $942,343,431,929
2013 $14,902,488,604 $962,167,643,589
2012 $13,708,925,477 $885,327,622,479
2011 $13,008,746,039 $844,192,507,381
2010 $11,859,312,725 $782,545,664,268
2009 $11,597,002,835 $653,894,449,921
2008 $10,432,962,635 $775,415,944,333
2007 $9,228,637,768 $685,228,481,017
2006 $7,638,739,123 $559,668,118,237
2005 $7,030,149,730 $508,314,210,213
2004 $6,087,360,684 $410,156,784,496
2003 $5,071,947,798 $315,392,899,922
2002 $6,205,847,214 $240,778,008,474
2001 $6,331,970,324 $202,195,080,239
2000 $6,813,566,099 $274,748,463,179
1999 $4,153,725,884 $256,673,939,248
1998 $3,723,903,724 $276,035,372,655
1997 $3,338,949,152 $263,817,553,748
1996 $2,907,517,604 $250,366,965,174
1995 $2,813,313,279 $234,699,627,004
1994 $2,167,569,046 $130,650,447,499
1993 $1,878,253,767 $180,415,757,852
1992 $2,257,129,792 $159,104,772,992
1991 $3,473,562,628 $151,034,731,544
1990 $3,096,289,800 $150,655,500,192
1989 $2,736,243,800 $107,127,191,329
1988 $2,613,926,800 $90,875,175,809
1987 $2,047,200,000 $87,190,081,680
1986 $2,318,000,000 $75,673,037,037
1985 $2,009,400,000 $67,232,758,621
1984 $1,816,200,000 $59,937,602,180
1983 $1,623,600,000 $61,803,555,556
1982 $1,474,200,000 $64,369,325,153
1981 $1,479,400,000 $71,180,180,180
1980 $1,383,800,000 $68,823,684,211
1979 $1,080,600,000 $89,616,129,032
1978 $974,200,000 $65,912,500,000
1977 $947,000,000 $58,683,333,333
1976 $879,000,000 $51,450,000,000
1975 $681,400,000 $46,042,857,143
1974 $565,399,322 $35,414,285,714
1973 $466,798,973 $26,000,000,000
1972 $371,998,958 $20,650,000,000
1971 $362,800,000 $16,166,666,667
1970 $331,200,000 $17,863,636,364
1969 $391,820,400 $19,466,666,667
1968 $367,968,800 $17,500,000,000
1967 $369,124,200 $15,644,444,444
1966 $368,948,600 $14,100,000,000
1965 $353,251,800 $11,966,666,667
1964 $325,281,200 $11,177,777,778
1963 $294,883,400 $10,355,555,556
1962 $281,896,800 $8,922,222,222
1961 $271,066,000 $7,988,888,889
1960 $273,187,200 $7,566,666,667

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

GeoRank.org/economy/haiti/turkey | CC BY

GDP per capita in Haiti vs Turkey by year

Haiti
GDP per capita

GDP per capita, PPP
Turkey
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Turkey
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $18,599 -
2024 $2,060 $3,194 $15,893 $45,639
2023 $1,682 $3,292 $13,375 $42,786
2022 $1,748 $3,275 $10,898 $39,564
2021 $1,825 $3,145 $9,982 $32,106
2020 $1,290 $3,103 $8,798 $29,209
2019 $1,352 $3,237 $9,395 $29,016
2018 $1,496 $3,197 $9,684 $28,640
2017 $1,395 $3,339 $10,756 $28,354
2016 $1,318 $3,253 $10,984 $26,731
2015 $1,411 $3,026 $11,065 $25,890
2014 $1,460 $3,076 $12,209 $24,193
2013 $1,458 $3,042 $12,636 $22,475
2012 $1,361 $2,830 $11,777 $20,739
2011 $1,312 $2,858 $11,374 $19,717
2010 $1,210 $2,695 $10,699 $17,466
2009 $1,197 $2,855 $9,077 $15,560
2008 $1,095 $2,724 $10,913 $16,142
2007 $985 $2,647 $9,767 $14,951
2006 $829 $2,504 $7,990 $13,555
2005 $776 $2,427 $7,332 $11,803
2004 $683 $2,322 $5,980 $10,759
2003 $579 $2,331 $4,650 $9,474
2002 $721 $2,248 $3,591 $9,154
2001 $749 $2,230 $3,052 $9,014
2000 $821 $2,229 $4,199 $9,326
1999 $510 $2,201 $3,974 $8,470
1998 $465 $2,152 $4,331 $8,763
1997 $425 $2,122 $4,197 $11,514
1996 $377 $2,070 $4,041 $10,624
1995 $372 $1,989 $3,846 $9,962
1994 $292.1 $1,807 $2,176 $9,253
1993 $258.1 $2,048 $3,058 $9,751
1992 $316 $2,158 $2,744 $8,969
1991 $497 $2,273 $2,649 $8,418
1990 $452 $2,202 $2,690 $8,208
1989 $407 - $1,949 -
1988 $397 - $1,686 -
1987 $318 - $1,650 -
1986 $367 - $1,461 -
1985 $325 - $1,326 -
1984 $299.2 - $1,209 -
1983 $272.8 - $1,276 -
1982 $252.6 - $1,360 -
1981 $258.5 - $1,537 -
1980 $246.5 - $1,516 -
1979 $196.2 - $2,013 -
1978 $180.3 - $1,510 -
1977 $178.7 - $1,372 -
1976 $169.1 - $1,228 -
1975 $133.6 - $1,122 -
1974 $113 - $881 -
1973 $95.1 - $661 -
1972 $77.3 - $537 -
1971 $76.8 - $431 -
1970 $71.5 - $488 -
1969 $86.1 - $544 -
1968 $82.4 - $501 -
1967 $84.2 - $459 -
1966 $85.7 - $425 -
1965 $83.6 - $370 -
1964 $78.5 - $354 -
1963 $72.4 - $337 -
1962 $70.4 - $298.2 -
1961 $69 - $274.4 -
1960 $70.8 - $267.1 -

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

GeoRank.org/economy/haiti/turkey | CC BY

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $18,599 in Turkey, ranking 66/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Turkey ranks 51st at $45,639.

Economic indicators

Haiti Turkey
Gross domestic product
$32.1B
2025
$1.6T
2025
GDP rank
112/197
2025
16/197
2025
GDP growth
-2.71%
2024-2025
3.6%
2024-2025
GDP per capita
$2,694
2025
$18,599
2025
GDP per capita rank
150/197
2025
66/197
2025
GDP per capita, PPP
$3,194
2024
$45,639
2024
GDP per capita PPP rank
177/197
2024
51/197
2024
Government debt
$3.95B
2025
$375B
2025
Debt-to-GDP ratio
12.3%
2025
23.5%
2025
Government debt per person
$332
2025
$4,367
2025
Government debt per person rank
177/185
2025
92/185
2025
Average annual personal income after taxes
$2,152
2026
$12,616
2026
Market capitalization of domestic companies n/a
$404B
2025
Number of millionaires n/a
93,000
2026
Number of billionaires n/a
32
2026
Income share by richest 10%
31.2%
2012
34.4%
2023
Income share by poorest 10%
2.1%
2012
2.1%
2023
Government expenditure, % of GDP
6.19%
2025
32.4%
2025
Consumer prices inflation
28.6%
2024-2025
34.9%
2024-2025
Central bank interest rate n/a
37%
2026
Unemployment rate
14.1%
2012
8.4%
2025
Population
12106577
86225430

Spending and national debt comparison by year

Haiti
Spending

Debt
Turkey
Spending

Debt
1x
Year % of GDP
Haiti Turkey
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 32.4% 23.5%
2024 5.25% 15.5% 32.9% 23.6%
2023 6.46% 27.8% 32.7% 28.2%
2022 8.33% 29.2% 26.8% 29.4%
2021 9.42% 28.4% 30.5% 38.9%
2020 9.86% 22.3% 34% 38.3%
2019 9.59% 26.5% 34.8% 31.2%
2018 11.3% 24.1% 33.9% 28.8%
2017 10.2% 22.5% 32.4% 26.9%
2016 10.5% 24.4% 33.8% 27%
2015 12.7% 23.9% 32.4% 26.5%
2014 14.6% 21.4% 32.5% 27.4%
2013 15.9% 25.1% 33.5% 29.5%
2012 16.4% 24.1% 34% 30.8%
2011 14.1% 22.3% 32.6% 34.8%
2010 12.6% 24.9% 35.2% 38.6%
2009 11.6% 19.4% 37% 42.4%
2008 11.2% 33.9% 33.5% 37%
2007 11.1% 24.4% 32.7% 37.1%
2006 9.67% 32.2% 33.4% 44.2%
2005 8.75% 29.7% 32% 50.2%
2004 7.38% 30.4% 34.5% 57%
2003 7.83% 37.8% 38.3% 63.6%
2002 6.64% 32% 40.9% 71.2%
2001 6.11% 28.8% 43.9% 75.6%
2000 6.25% 32.5% 39.4% 51.2%
1999 6.91% 24.1% 32.7% 52.1%
1998 5.4% 24% 27.9% 36.5%
1997 5.46% 26.2% 26.4% 32.5%
1996 - 26.2% 24.5% 35.5%
1995 - 26.2% 19.4% 34.6%
1994 - 35.3% 20.5% 39.2%
1993 - 98% 22% 29.1%
1992 - 118.9% 18.6% 29.2%
1991 - 80.7% 18.2% 28.4%
1990 - 85.1% 14.1% 25.8%
1989 - 98.7% 13.8% 33.5%
1988 - 90.9% 12.9% 38.6%
1987 32.4% 58.6% 13.3% 40.3%
1986 15.1% 26.5% 12.1% 38.2%
1985 17.4% 25.6% 18% 44.3%
1984 16.9% 27.3% 14.1% 42.6%
1983 21.9% 28.9% 14.9% 32.7%
1982 20.7% 25.5% 19.2% 33.4%
1981 17.4% 23.7% 24% 32%
1980 17.2% 20.3% 25.5% 22.4%
1979 13.1% 19.8% 28.3% 23.6%
1978 18.9% 20.1% 27.6% 25.8%
1977 16.7% 18.5% 27.8% 24%
1976 13.4% 14.9% 23.3% 20.4%
1975 12.8% 14.2% 22% 20.2%
1974 9.24% 13.3% 19% 19%
1973 9.4% 8.92% 21.8% 23.1%
1972 11.2% 11.1% 21.9% 30.1%
1971 11.2% 11% 24.8% 34.4%
1970 11.4% 12.5% 22.7% 39.8%
1969 10.1% - 20.5% 33.2%
1968 10.3% - 19% 33.2%
1967 7.52% - 20.1% 33.3%
1966 7.2% - 18.9% 33.4%
1965 7.91% - 19% 33.4%
1964 - - 18.9% 25.7%
1963 8.95% - 17.5% 27.6%
1962 - - 15.7% 28.8%
1961 - - 22.9% 28.9%
1960 7.34% 21.6% 15.6% 19.9%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/haiti/turkey | CC BY

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while Turkey spent $517B, or 32.4% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 23.5% in Turkey, ranking 179/185 and 169/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Turkey
1x
Year Deficit/surplus, % of GDP
Haiti Turkey
2025 -0.22% -2.78%
2024 6.96% -4.51%
2023 0.77% -5.19%
2022 -1.75% -1.1%
2021 -2.45% -2.98%
2020 -1.96% -4.64%
2019 -1.99% -4.69%
2018 -1.13% -3.1%
2017 -0.32% -1.87%
2016 0.12% -1.68%
2015 -1.47% -0.51%
2014 -3.64% -0.96%
2013 -3.98% -1.21%
2012 -2.71% -1.78%
2011 -1.43% -0.35%
2010 -1.5% -2.99%
2009 -2% -5.14%
2008 -1.8% -2.13%
2007 -1.55% -1.37%
2006 -0.91% -0.22%
2005 -0.83% -0.75%
2004 -1.34% -4.11%
2003 -2.24% -7.55%
2002 -1.8% -11.3%
2001 -1.55% -11.6%
2000 -1.36% -8.36%
1999 -1.54% -13.8%
1998 0.21% -9.84%
1997 0.37% -10.1%
1996 - -10.7%
1995 - -5.95%
1994 - -6.04%
1993 - -8.84%
1992 - -6.73%
1991 - -6.86%
1990 - -3.65%
1989 - -3.87%
1988 - -3.2%
1987 -4.94% -3.47%
1986 -1.4% -2.43%
1985 -0.97% -5.84%
1984 -3.52% -3.77%
1983 -5.72% -1.45%
1982 -3.93% -1.61%
1981 -4.38% -1.5%
1980 -5.68% -3.67%
1979 -2.21% -3.06%
1978 -3.24% -1.83%
1977 -2.85% -5.1%
1976 -1.16% -0.6%
1975 -1.73% -0.19%
1974 0.23% -1.02%
1973 0.03% -0.98%
1972 0.24% -0.13%
1971 -0.08% -3.05%
1970 -0.19% 0.14%
1969 -0.39% -1.45%
1968 -0.46% -0.62%
1967 0% 0.1%
1966 0% -0.66%
1965 0% -1.18%
1964 - -0.84%
1963 0% 0%
1962 - -0.16%
1961 - -1%
1960 0.006% -0.83%
1959 -1.11% -0.78%
1958 -2.21% -0.45%
1957 0.28% -0.66%
1956 -2.18% -0.84%
1955 -0.86% -0.85%
1954 -0.81% -1.12%
1953 -1.01% -0.12%
1952 - -0.1%
1951 - 0.48%
1950 - -0.53%
1949 -0.12% 0.81%
1948 0.21% 0.84%
1947 1.06% -
1946 0.51% -
1945 0.47% 1.01%
1944 - -
1943 - 0.22%
1942 - -
1941 -0.21% -
1940 0.13% -
1939 -0.16% -
1938 0.15% 1.18%
1937 -0.08% -
1936 -0.06% 1.43%
1935 -0.2% -
1934 -1.23% -
1933 0% -
1932 0.4% -
1931 -0.49% -
1930 -0.52% -
1929 -0.32% -
1928 -0.25% -
1927 0.73% -
1926 -0.45% -
1925 0.05% -
1924 -0.14% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1924–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/haiti/turkey | CC BY

In 2025, Haiti's government deficit, the difference between spending and revenue, was $71.5M, equivalent to 0.22% of GDP. This compares to Turkey's deficit of $44.4B, or 2.78% of GDP.

Over the past 66 years, Haiti recorded a fiscal deficit in 41 of those years, while Turkey ran a deficit in 63 years. On average, Haiti posted an annual deficit equal to 1.4% of GDP, compared to deficit of 3.47% of GDP for Turkey.

Inflation comparison by year

Inflation
Haiti

Turkey
1x
Year Consumer prices inflation
Haiti Turkey
2025 28.6% 34.9%
2024 26.9% 58.5%
2023 36.8% 53.9%
2022 34% 72.3%
2021 16.8% 19.6%
2020 22.8% 12.3%
2019 18.7% 15.2%
2018 12.5% 16.3%
2017 10.7% 11.1%
2016 11.5% 7.78%
2015 6.73% 7.67%
2014 3.44% 8.85%
2013 4.77% 7.49%
2012 5.02% 8.89%
2011 6.33% 6.47%
2010 4.83% 8.57%
2009 0.39% 6.25%
2008 15.3% 10.4%
2007 6.56% 8.76%
2006 11.3% 9.6%
2005 14% 8.18%
2004 21% 8.6%
2003 28.7% 21.6%
2002 7.03% 45%
2001 13.3% 54.4%
2000 9.33% 54.9%
1999 3% 64.9%
1998 5.27% 84.6%
1997 20.6% 85.7%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/haiti/turkey | CC BY

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 28% in Turkey. In 2025, inflation was 28.6% in Haiti and 34.9% in Turkey.

Top exports between countries

Haiti
Export category Export value
Turkey
Export category Export value
Raw materials & minerals $39M
Metals $8.02M
Processed food, beverages & tobacco $6.28M
Machinery & equipment $3.21M
Chemicals & pharma $2.38M
Raw agricultural goods $1.96M
Miscellaneous $839K
Textiles & consumer goods $426K
Wood & paper products $200K
Animal & marine products $143K

Balance of trade

Haiti Turkey
Current account balance
-$145M
2024
-$10.4B
2024
Current account balance ranking
85/190
2024
175/190
2024
Current account balance, % of GDP
-0.6%
2024
-0.77%
2024
Goods imports
$4.27B
2024
$313B
2024
Goods exports
$767M
2024
$257B
2024
Service imports
$518M
2024
$55.8B
2024
Service exports
$96.6M
2024
$117B
2024
Imports of goods and services, % of GDP
14.3%
2025
25.1%
2025
Exports of goods and services, % of GDP
1.56%
2025
24.8%
2025

Economic freedom indices

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

Haiti Turkey
Economic freedom 46.1 55
Economic freedom ranking 178/197 129/197
Property rights 6.6 36.4
Government integrity 13 35.3
Judicial effectiveness 17.3 23.5
Tax burden 81.7 72
Government spending 98.7 71.8
Fiscal health 99.5 77.8
Business freedom 30.7 61.6
Labor freedom 54.7 44.3
Monetary freedom 45.1 36.5
Trade freedom 66.4 71
Investment freedom 20 70
Financial freedom 20 60

Economic freedom comparison by year

Haiti
Turkey
1x
Year Economic freedom index
Haiti Turkey
2026 46.1 55
2025 46.1 56.1
2024 48.2 56.2
2023 49.9 56.9
2022 50 56.9
2021 50.8 64
2020 52.3 64.4
2019 52.7 64.6
2018 55.8 65.4
2017 49.6 65.2
2016 51.3 62.1
2015 51.3 63.2
2014 48.9 64.9
2013 48.1 62.9
2012 50.7 62.5
2011 52.1 64.2
2010 50.8 63.8
2009 50.5 61.6
2008 49 59.9
2007 51.4 57.4
2006 49.2 57
2005 48.4 50.6
2004 51.2 52.8
2003 50.6 51.9
2002 47.9 54.2
2001 47.1 60.6
2000 45.7 63.4
1999 45.9 59.2
1998 45.7 60.9
1997 45.8 60.8
1996 41 56.7
1995 43 58.4

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

GeoRank.org/economy/haiti/turkey | CC BY

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 55 for Turkey, ranking 129/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Turkey
Services, % of GDP
54.2%
2025
59.4%
2025
Industry, % of GDP
27.5%
2025
24%
2025
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
5.21%
2025
GNI, Atlas method
$23.9B
2025
$1.4T
2025
GNI per capita, PPP
$3,130
2025
$44,630
2025
Total reserves including gold
$3.39B
2025
$186B
2025
Total reserves ranking
118/177
2025
20/177
2025
Net foreign direct investment
-$20M
2024
-$5.08B
2024
Net inflows of foreign direct investment
$20M
2024
$11.7B
2024
Net outflows of foreign direct investment
$0
2024
$6.61B
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
6.68%
2024
Poverty at national poverty lines
58.5%
2012
13%
2024
Gross capital formation, % of GDP
12.1%
2025
31.7%
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/haiti/turkey | 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 (1924–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, 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)

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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.