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Economy of Jordan vs South Africa compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $401B for South Africa, ranking 90/197 and 40/197 by economy size, respectively.

Jordan has $48.1B in government debt (90.2% of GDP), compared to $305B (76% of GDP) in South Africa.

Jordan vs South Africa GDP by year

Jordan
South Africa
1x
Year GDP, current $
Jordan South Africa
2024 $53,352,289,577 $401,144,998,374
2023 $51,088,476,338 $381,440,724,491
2022 $48,764,963,380 $407,596,043,068
2021 $46,296,100,141 $419,986,284,375
2020 $43,700,383,099 $337,974,655,408
2019 $44,503,006,338 $389,330,032,224
2018 $43,370,860,704 $405,260,723,893
2017 $41,608,435,915 $381,448,814,653
2016 $39,892,551,127 $323,585,509,674
2015 $38,587,017,887 $346,709,790,459
2014 $36,847,643,521 $381,198,869,776
2013 $34,454,440,141 $400,886,013,596
2012 $31,634,561,690 $434,400,545,086
2011 $29,524,149,155 $458,199,494,831
2010 $27,133,804,225 $417,363,822,802
2009 $24,537,876,056 $329,754,060,647
2008 $22,658,715,989 $316,131,258,616
2007 $17,110,437,236 $333,077,117,254
2006 $15,056,981,664 $303,858,675,364
2005 $12,588,998,590 $288,867,217,197
2004 $11,411,706,629 $255,806,908,595
2003 $10,195,627,645 $197,018,965,309
2002 $9,582,510,578 $129,087,556,612
2001 $8,975,814,653 $135,429,905,923
2000 $8,460,789,845 $151,752,757,215
1999 $8,149,929,478 $151,516,957,079
1998 $7,912,270,804 $152,982,984,557
1997 $7,245,839,210 $168,978,057,328
1996 $6,927,503,526 $163,234,925,381
1995 $6,727,597,032 $171,735,933,897
1994 $6,236,295,978 $153,512,712,382
1993 $5,606,400,222 $147,194,747,566
1992 $5,310,833,194 $146,956,150,987
1991 $4,344,467,193 $135,203,698,238
1990 $4,160,087,508 $126,048,140,142
1989 $4,221,373,674 $108,055,624,082
1988 $6,277,451,829 $103,976,831,871
1987 $6,756,209,762 $96,535,763,418
1986 $6,402,050,485 $73,354,771,399
1985 $4,993,601,520 $64,459,376,087
1984 $4,967,162,160 $84,870,163,366
1983 $4,920,692,191 $96,204,110,942
1982 $4,681,240,993 $85,904,057,409
1981 $4,383,944,703 $93,141,472,164
1980 $3,910,044,474 $89,411,864,402
1979 $3,271,368,781 $63,038,658,089
1978 $2,602,208,589 $51,607,412,902
1977 $2,096,778,602 $45,328,411,332
1976 $1,708,521,219 $41,150,460,288
1975 $1,363,073,498 $42,906,905,672
1974 $1,197,483,949 $41,389,186,095
1973 $943,783,840 $33,262,772,008
1972 $788,479,685 $24,515,919,217
1971 $678,159,729 $23,411,076,638
1970 $639,519,744 $21,218,391,513
1969 $698,879,720 $19,256,992,297
1968 $561,119,776 $17,124,793,150
1967 $631,679,747 $15,821,393,671
1966 $657,999,737 $14,211,394,315
1965 $599,759,760 $13,068,994,772
1964 - $11,955,995,218
1963 - $10,854,195,658
1962 - $9,813,996,074
1961 - $9,225,996,310
1960 - $8,748,596,501

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

GeoRank.org/economy/jordan/south-africa | CC BY

GDP per capita in Jordan vs South Africa by year

Jordan
GDP per capita

GDP per capita, PPP
South Africa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan South Africa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,618 $10,821 $6,267 $15,456
2023 $4,466 $10,412 $6,034 $15,200
2022 $4,332 $9,927 $6,534 $14,749
2021 $4,183 $9,182 $6,829 $13,682
2020 $4,022 $9,579 $5,581 $12,671
2019 $4,170 $9,429 $6,534 $13,361
2018 $4,145 $9,042 $6,914 $13,347
2017 $4,066 $9,266 $6,618 $13,738
2016 $3,987 $8,748 $5,651 $13,519
2015 $4,043 $8,967 $6,112 $13,398
2014 $4,191 $9,145 $6,857 $13,359
2013 $4,311 $9,817 $7,332 $13,369
2012 $4,170 $9,739 $8,077 $12,987
2011 $3,947 $9,632 $8,646 $13,143
2010 $3,718 $9,417 $7,973 $12,637
2009 $3,436 $9,291 $6,375 $12,261
2008 $3,242 $8,983 $6,185 $12,525
2007 $2,506 $8,416 $6,592 $12,047
2006 $2,343 $8,046 $6,077 $11,250
2005 $2,088 $7,697 $5,837 $10,441
2004 $1,940 $7,074 $5,221 $9,714
2003 $1,776 $6,500 $4,062 $9,139
2002 $1,706 $6,256 $2,688 $8,792
2001 $1,632 $5,948 $2,847 $8,428
2000 $1,571 $5,641 $3,218 $8,095
1999 $1,545 $5,402 $3,242 $7,667
1998 $1,532 $5,264 $3,310 $7,463
1997 $1,436 $5,171 $3,700 $7,433
1996 $1,410 $5,055 $3,618 $7,208
1995 $1,416 $5,027 $3,856 $6,875
1994 $1,367 $4,830 $3,489 $6,611
1993 $1,289 $4,726 $3,400 $6,375
1992 $1,287 $4,654 $3,462 $6,275
1991 $1,110 $4,195 $3,243 $6,383
1990 $1,149 $4,317 $3,093 $6,382
1989 $1,260 - $2,727 -
1988 $1,966 - $2,702 -
1987 $2,217 - $2,586 -
1986 $2,200 - $2,027 -
1985 $1,797 - $1,839 -
1984 $1,871 - $2,504 -
1983 $1,939 - $2,938 -
1982 $1,929 - $2,717 -
1981 $1,885 - $3,050 -
1980 $1,750 - $3,029 -
1979 $1,519 - $2,202 -
1978 $1,249 - $1,852 -
1977 $1,039 - $1,671 -
1976 $873 - $1,559 -
1975 $718 - $1,670 -
1974 $651 - $1,656 -
1973 $531 - $1,369 -
1972 $460 - $1,038 -
1971 $412 - $1,020 -
1970 $409 - $952 -
1969 $474 - $891 -
1968 $409 - $817 -
1967 $497 - $779 -
1966 $558 - $722 -
1965 $546 - $685 -
1964 - - $646 -
1963 - - $605 -
1962 - - $563 -
1961 - - $546 -
1960 - - $532 -

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

GeoRank.org/economy/jordan/south-africa | CC BY

Jordan's GDP per capita is $4,618, ranking 123/197, compared to $6,267 in South Africa, ranking 111/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while South Africa ranks 112th at $15,456.

Economic indicators

Jordan South Africa
Gross domestic product
$53.4B
2024
$401B
2024
GDP rank
90/197
2024
40/197
2024
GDP growth
2.49%
2023-2024
0.53%
2023-2024
GDP per capita
$4,618
2024
$6,267
2024
GDP per capita rank
123/197
2024
111/197
2024
GDP per capita, PPP
$10,821
2024
$15,456
2024
GDP per capita PPP rank
131/197
2024
112/197
2024
Government debt
$48.1B
2024
$305B
2024
Debt-to-GDP ratio
90.2%
2024
76%
2024
Government debt per person
$4,167
2024
$4,761
2024
Government debt per person rank
91/185
2024
83/185
2024
Average annual personal income after taxes
$4,787
2026
$15,431
2026
Market capitalization of domestic companies
$24.9B
2024
$986B
2024
Number of millionaires n/a
90,595
2025
Number of billionaires n/a
7
2025
Income share by richest 10%
27.4%
2010
50.5%
2014
Income share by poorest 10%
3.5%
2010
0.9%
2014
Government expenditure, % of GDP
33%
2024
33%
2024
Consumer prices inflation
1.56%
2023-2024
4.36%
2023-2024
Central bank interest rate
5.75%
2025
6.75%
2025
Unemployment rate
16.6%
2023
32.3%
2024
Population
11555022
65683993

Spending and national debt comparison by year

Jordan
Spending

Debt
South Africa
Spending

Debt
1x
Year % of GDP
Jordan South Africa
Government spending Government debt Government spending Government debt
2024 33% 90.2% 33% 76%
2023 32.9% 89% 32.5% 73.2%
2022 33.3% 88.6% 31.9% 70.7%
2021 34.1% 87.6% 32.7% 68.8%
2020 33.7% 104.5% 34.6% 68.9%
2019 32.4% 92.9% 31.4% 56.1%
2018 32% 87.4% 30.2% 51.5%
2017 29.6% 86.1% 29.9% 48.6%
2016 29.8% 85% 29.9% 47.1%
2015 31.7% 83.4% 30.2% 45.2%
2014 39.2% 78.6% 29.3% 43.3%
2013 36.4% 78.1% 28.9% 40.4%
2012 32.2% 73.8% 28.6% 37.4%
2011 27.4% 63.9% 28.1% 34.7%
2010 29.8% 59.5% 28.3% 31.2%
2009 35.9% 55.5% 28.5% 27%
2008 35.8% 53.2% 26% 24%
2007 37.7% 64.4% 24.4% 24.3%
2006 34.7% 65.6% 24.7% 28%
2005 37.3% 80.5% 25.1% 29.6%
2004 36.6% 86% 22.7% 30.7%
2003 36% 94.6% 22.6% 31.5%
2002 32.9% 91.3% 22.2% 31.8%
2001 32.1% 89.7% 22.6% 38%
2000 33.1% 85.6% 22.6% 37.9%
1999 32.7% 98.1% 26.7% 45.9%
1998 34.9% 99.8% 27.1% 45.8%
1997 33.9% 98.1% 27.9% 45.8%
1996 36.2% 104.9% 28.5% 44.3%
1995 35.5% 106.1% 27.2% 47%
1994 34.3% 116.2% 31.3% 46.4%
1993 36.4% 126.6% 29.1% 39.8%
1992 35.5% 139.6% 29.8% 34.8%
1991 44.9% 187% 27.8% 34.7%
1990 44% 204.8% 28.7% 31.8%
1989 42.5% 195.4% 29.6% 33.3%
1988 44.3% 129.3% 23.9% 30.6%
1987 42.1% 101.9% 28% 33.5%
1986 33.8% 84.3% 27.8% 32.5%
1985 42.4% 85.2% 26.8% 26.3%
1984 - - 25.2% 23.2%
1983 - - 25.1% 28.7%
1982 - - 23.8% 31.3%
1981 - - 23.3% 27.4%
1980 - - 21.8% 33.3%
1979 - - 26.5% 41.9%
1978 - - 26.8% 44.7%
1977 - - 27.3% 45.3%
1976 - - 23% 35%
1975 - - 21.2% 32.8%
1974 - - 19.1% 33.7%
1973 - - 21% 38.2%
1972 - - 22.9% 41.1%
1971 - - 19.9% 41.1%
1970 - - 20% 43.3%
1969 - - 18.8% 44.4%
1968 - - 19.4% 42.7%
1967 - - 18.8% 41.1%
1966 - - 18.3% 41.4%
1965 - - 18.2% 42.7%
1964 - - 11.3% 30%
1963 - - 15.9% 43.4%
1962 - - 15.9% 45.7%
1961 - - 15.7% 52.8%
1960 - - 16.7% 52.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/jordan/south-africa | CC BY

In 2024, Jordan's government spending was $17.6B, accounting for 33% of its GDP, while South Africa spent $132B, or 33% of GDP.

Debt-to-GDP ratio is 90.2% in Jordan and 76% in South Africa, ranking 32/185 and 48/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

South Africa
1x
Year Deficit/surplus, % of GDP
Jordan South Africa
2024 -7.33% -5.79%
2023 -6.89% -5.55%
2022 -6.8% -4.25%
2021 -8.45% -5.54%
2020 -10.1% -9.62%
2019 -7.19% -5.07%
2018 -5.78% -3.73%
2017 -3.61% -4.02%
2016 -3.71% -3.72%
2015 -7.1% -4.37%
2014 -15.5% -3.93%
2013 -16.1% -3.9%
2012 -13.8% -4.04%
2011 -5.61% -3.7%
2010 -5.43% -4.51%
2009 -8.66% -4.67%
2008 -5.38% -0.49%
2007 -5.45% 1.22%
2006 -3.82% 0.81%
2005 -5.36% -0.1%
2004 -1.09% -1.04%
2003 -2.52% -1.59%
2002 -4.44% -0.96%
2001 -2.77% -1.02%
2000 -3.99% -1.38%
1999 -2.69% -2.21%
1998 -5.4% -2.56%
1997 -2.97% -4.08%
1996 -3.25% -4.53%
1995 -1.72% -4.38%
1994 -2.3% -8.09%
1993 -2.14% -8.54%
1992 1.87% -7.09%
1991 -10.2% -4.85%
1990 -7.45% -3.82%
1989 -6.89% -8.3%
1988 -13% -3.29%
1987 -13.4% -6.36%
1986 -2.39% -5.69%
1985 -6.9% -4.86%
1984 - -5.24%
1983 - -5.3%
1982 - -3.88%
1981 - -3.72%
1980 - -1.91%
1979 - -4.65%
1978 - -5.42%
1977 - -5.52%
1976 - -4.19%
1975 - -2.62%
1974 - -1.5%
1973 - -4.54%
1972 - -5.39%
1971 - -1.96%
1970 - -3.19%
1969 - -3.94%
1968 - -3.38%
1967 - -3.8%
1966 - -3.04%
1965 - -3.15%
1964 - -1.19%
1963 - -2.26%
1962 - -1.4%
1961 - -3.25%
1960 - -2.36%
1959 - -4.4%
1958 - -3.5%
1957 - -2.8%
1956 - -2.12%
1955 - -2.9%
1954 - -2.53%
1953 - -3.72%
1952 - -4.14%
1951 - -0.4%
1950 - -2.33%
1949 - -6.87%
1948 - -6.03%
1947 - -1.82%
1946 - -4.03%
1945 - -7.41%
1944 - -8.94%
1943 - -8.49%
1942 - -9.08%
1941 - -7.3%
1940 - -10.9%
1939 - -2.96%
1938 - -3.91%
1937 - -2.16%
1936 - -2.58%
1935 - -3.2%
1934 - -3.29%
1933 - -3.31%
1932 - -4.72%
1931 - -5.31%
1930 - -5.19%
1929 - -4.41%
1928 - -3.29%
1927 - -3.79%
1926 - -4.76%
1925 - -4.92%
1924 - -4.72%
1923 - -5.53%
1922 - -4.51%
1921 - -5.38%
1920 - -5.52%
1919 - -2.6%
1918 - -3.7%
1917 - -3.52%
1916 - -2.57%
1915 - -10.7%
1914 - -11.6%
1913 - -4.15%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/jordan/south-africa | CC BY

In 2024, Jordan's government deficit, the difference between spending and revenue, was $3.91B, equivalent to 7.33% of GDP. This compares to South Africa's deficit of $23.2B, or 5.79% of GDP.

Over the past 40 years, Jordan recorded a fiscal deficit in 39 of those years, while South Africa ran a deficit in 38 years. On average, Jordan posted an annual deficit equal to 6.14% of GDP, compared to deficit of 3.99% of GDP for South Africa.

Inflation comparison by year

Inflation
Jordan

South Africa
1x
Year Consumer prices inflation
Jordan South Africa
2024 1.56% 4.36%
2023 2.08% 6.08%
2022 4.23% 7.04%
2021 1.35% 4.62%
2020 0.33% 3.23%
2019 0.76% 4.1%
2018 4.46% 4.51%
2017 3.32% 5.19%
2016 -0.78% 6.6%
2015 -0.88% 4.52%
2014 2.9% 6.13%
2013 4.82% 5.78%
2012 4.52% 5.74%
2011 4.16% 5%
2010 4.85% 4.07%
2009 -0.74% 7.24%
2008 14% 9.91%
2007 4.74% 6.18%
2006 6.25% 3.24%
2005 3.49% 2.06%
2004 3.36% -0.69%
2003 1.63% 5.68%
2002 1.83% 9.49%
2001 1.77% 5.7%
2000 0.67% 5.34%
1999 0.61% 5.18%
1998 3.09% 6.88%
1997 3.04% 8.6%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/jordan/south-africa | CC BY

Over the past 28 years, Jordan has recorded an average annual inflation rate of 2.91%, compared with 5.42% in South Africa. In 2024, inflation was 1.56% in Jordan and 4.36% in South Africa.

Top exports between countries

Jordan
Export category Export value
Raw materials & minerals $8.83M
Chemicals & pharma $4.32M
Wood & paper products $2.56M
Machinery & equipment $2.16M
Textiles & consumer goods $673K
Metals $589K
Processed food, beverages & tobacco $163K
Raw agricultural goods $46K
Precious metals & jewellery $28K
Miscellaneous $20K
South Africa
Export category Export value
Animal & marine products $48.3M
Machinery & equipment $8.1M
Raw agricultural goods $3.2M
Processed food, beverages & tobacco $2.2M
Chemicals & pharma $861K
Textiles & consumer goods $470K
Wood & paper products $365K
Raw materials & minerals $330K
Metals $94K
Precious metals & jewellery $63K

Balance of trade

Jordan South Africa
Current account balance
-$3.13B
2024
-$2.58B
2024
Current account balance ranking
158/190
2024
152/190
2024
Current account balance, % of GDP
-5.86%
2024
-0.64%
2024
Goods imports
$23.9B
2024
$99.8B
2024
Goods exports
$13.3B
2024
$112B
2024
Service imports
$6.5B
2024
$20B
2024
Service exports
$9.45B
2024
$16.1B
2024
Imports of goods and services, % of GDP
57.1%
2024
29.9%
2024
Exports of goods and services, % of GDP
42.6%
2024
31.8%
2024

Economic freedom indices

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

Jordan South Africa
Economic freedom 59.3 58.6
Economic freedom ranking 104/197 110/197
Property rights 52.3 48.8
Government integrity 51 46.7
Judicial effectiveness 44 64.6
Tax burden 84.1 65.4
Government spending 67.2 68.4
Fiscal health 5.2 45.3
Business freedom 62.7 67.9
Labor freedom 51.3 70.8
Monetary freedom 81.2 75.8
Trade freedom 82 68.8
Investment freedom 70 40
Financial freedom 60 40

Economic freedom comparison by year

Jordan
South Africa
1x
Year Economic freedom index
Jordan South Africa
2026 59.3 58.6
2025 59.4 57.3
2024 58.3 55.3
2023 58.8 55.7
2022 60.1 56.2
2021 64.6 59.7
2020 66 58.8
2019 66.5 58.3
2018 64.9 63
2017 66.7 62.3
2016 68.3 61.9
2015 69.3 62.6
2014 69.2 62.5
2013 70.4 61.8
2012 69.9 62.7
2011 68.9 62.7
2010 66.1 62.8
2009 65.4 63.8
2008 64.1 63.4
2007 64.5 63.5
2006 63.7 63.7
2005 66.7 62.9
2004 66.1 66.3
2003 65.3 67.1
2002 66.2 64
2001 68.3 63.8
2000 67.5 63.7
1999 67.4 63.3
1998 66.8 64.3
1997 63.6 63.2
1996 60.8 62.5
1995 62.7 60.7

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

GeoRank.org/economy/jordan/south-africa | CC BY

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 58.6 for South Africa, ranking 110/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan South Africa
Services, % of GDP
60.4%
2024
63%
2024
Industry, % of GDP
25.1%
2024
24.3%
2024
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
2.81%
2024
GNI, Atlas method
$51.2B
2024
$391B
2024
GNI per capita, PPP
$10,570
2024
$15,150
2024
Total reserves including gold
$21.9B
2024
$65.4B
2024
Total reserves ranking
60/177
2024
36/177
2024
Net foreign direct investment
-$1.58B
2024
-$3.59B
2024
Net inflows of foreign direct investment
$1.63B
2024
$2.33B
2024
Net outflows of foreign direct investment
$54.1M
2024
-$1.26B
2024
Servicing debt to the IMF, % of GNI
8.64%
2024
5.74%
2024
Poverty at national poverty lines
14.2%
2020
55.5%
2014
Gross capital formation, % of GDP
25.2%
2021
14.1%
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/jordan/south-africa | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1913–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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 (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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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.