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Economy of Mauritius vs Mexico compared: GDP & Debt

Updated on by Georank team

Mauritius has a GDP of $14.9B compared to $1.86T for Mexico, ranking 143/197 and 13/197 by economy size, respectively.

Mauritius has $13.6B in government debt (91.1% of GDP), compared to $1.08T (58.3% of GDP) in Mexico.

Mauritius vs Mexico GDP by year

Mauritius
Mexico
1x
Year GDP, current $
Mauritius Mexico
2024 $14,937,861,786 $1,856,365,616,166
2023 $14,072,212,290 $1,798,317,581,487
2022 $12,936,444,123 $1,466,934,724,293
2021 $11,622,048,697 $1,316,569,466,686
2020 $11,566,111,138 $1,121,064,767,308
2019 $14,645,235,205 $1,304,106,203,902
2018 $14,957,535,716 $1,256,300,182,880
2017 $13,896,938,315 $1,190,721,475,906
2016 $12,757,680,847 $1,112,233,497,453
2015 $12,162,211,503 $1,213,294,467,717
2014 $13,230,490,082 $1,364,507,717,614
2013 $12,434,596,541 $1,327,436,290,283
2012 $11,832,323,837 $1,255,110,424,818
2011 $11,677,718,382 $1,229,013,703,417
2010 $10,144,716,155 $1,105,424,238,731
2009 $9,264,513,545 $943,437,415,025
2008 $10,127,777,060 $1,161,553,459,715
2007 $8,277,442,915 $1,102,355,554,972
2006 $7,137,710,413 $1,020,265,057,882
2005 $6,576,108,447 $917,571,853,529
2004 $6,667,418,752 $819,459,227,375
2003 $5,894,873,920 $765,549,967,703
2002 $4,906,494,249 $810,666,116,402
2001 $4,675,755,867 $796,064,590,549
2000 $4,726,108,622 $742,061,329,749
1999 $4,402,193,195 $631,249,359,702
1998 $4,225,813,976 $557,461,102,631
1997 $4,243,755,308 $523,449,530,464
1996 $4,481,489,762 $432,157,945,024
1995 $4,094,741,652 $380,157,469,867
1994 $3,606,050,873 $553,618,247,901
1993 $3,307,302,126 $530,160,763,663
1992 $3,267,677,814 $363,157,832,924
1991 $2,895,354,736 $313,139,656,146
1990 $2,689,212,760 $261,253,675,693
1989 $2,211,312,823 $221,403,098,267
1988 $2,163,252,449 $181,611,150,497
1987 $1,906,174,438 $147,542,558,209
1986 $1,482,601,552 $134,556,034,673
1985 $1,090,611,325 $195,241,069,482
1984 $1,054,564,759 $184,230,754,105
1983 $1,104,956,573 $156,167,000,433
1982 $1,092,923,636 $184,602,611,610
1981 $1,157,769,444 $263,797,827,860
1980 $1,147,027,924 $205,577,055,466
1979 $1,227,446,632 $134,531,900,899
1978 $1,029,040,323 $102,648,570,299
1977 $834,722,972 $81,912,018,784
1976 $713,510,052 $88,875,923,765
1975 $673,311,287 $88,000,000,000
1974 $669,894,030 $72,000,000,000
1973 $404,285,775 $55,280,000,000
1972 $318,664,900 $45,200,000,000
1971 $251,437,338 $39,200,000,000
1970 $224,125,805 $35,520,000,000
1969 $221,553,613 $32,480,000,000
1968 $206,576,631 $29,360,000,000
1967 $238,439,291 $26,560,000,000
1966 $227,534,083 $24,320,000,000
1965 $230,024,161 $21,840,000,000
1964 $218,914,569 $20,080,000,000
1963 $253,839,558 $16,960,000,000
1962 $197,738,208 $15,200,000,000
1961 $191,757,729 $14,160,000,000
1960 $162,089,564 $13,040,000,000

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

GeoRank.org/economy/mauritius/mexico | CC BY

GDP per capita in Mauritius vs Mexico by year

Mauritius
GDP per capita

GDP per capita, PPP
Mexico
GDP per capita

GDP per capita, PPP
1x
Year Current $
Mauritius Mexico
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,991 $31,840 $14,186 $26,185
2023 $11,270 $29,561 $13,861 $25,243
2022 $10,247 $26,874 $11,406 $23,135
2021 $9,178 $23,010 $10,314 $20,783
2020 $9,136 $21,622 $8,841 $19,354
2019 $11,568 $24,375 $10,370 $20,964
2018 $11,819 $23,416 $10,085 $20,921
2017 $10,987 $22,898 $9,649 $20,489
2016 $10,095 $21,952 $9,098 $20,105
2015 $9,631 $20,270 $10,021 $19,071
2014 $10,490 $19,294 $11,391 $18,821
2013 $9,877 $18,435 $11,217 $18,170
2012 $9,422 $17,259 $10,744 $18,005
2011 $9,324 $16,884 $10,664 $17,267
2010 $8,113 $15,920 $9,729 $15,909
2009 $7,427 $15,105 $8,424 $15,191
2008 $8,141 $14,569 $10,524 $15,681
2007 $6,677 $13,612 $10,134 $15,032
2006 $5,784 $12,593 $9,513 $14,540
2005 $5,354 $11,703 $8,672 $13,260
2004 $5,461 $11,216 $7,850 $12,658
2003 $4,858 $10,535 $7,434 $12,066
2002 $4,073 $9,824 $7,983 $11,762
2001 $3,909 $9,586 $7,953 $11,739
2000 $3,982 $9,143 $7,524 $11,705
1999 $3,746 $8,344 $6,500 $11,031
1998 $3,642 $8,121 $5,833 $10,756
1997 $3,696 $7,651 $5,567 $10,182
1996 $3,952 $7,206 $4,674 $9,496
1995 $3,648 $6,771 $4,184 $8,933
1994 $3,240 $6,414 $6,202 $9,466
1993 $3,014 $6,116 $6,048 $9,041
1992 $3,013 $5,753 $4,221 $9,470
1991 $2,705 $5,351 $3,709 $9,079
1990 $2,540 $5,010 $3,154 $8,578
1989 $2,103 - $2,725 -
1988 $2,074 - $2,279 -
1987 $1,840 - $1,888 -
1986 $1,442 - $1,757 -
1985 $1,069 - $2,602 -
1984 $1,042 - $2,506 -
1983 $1,103 - $2,170 -
1982 $1,101 - $2,621 -
1981 $1,181 - $3,829 -
1980 $1,187 - $3,055 -
1979 $1,292 - $2,049 -
1978 $1,102 - $1,604 -
1977 $906 - $1,315 -
1976 $787 - $1,465 -
1975 $755 - $1,492 -
1974 $763 - $1,256 -
1973 $467 - $993 -
1972 $374 - $837 -
1971 $299.6 - $748 -
1970 $271.3 - $699 -
1969 $272.7 - $660 -
1968 $258.7 - $616 -
1967 $304 - $576 -
1966 $296 - $545 -
1965 $305 - $506 -
1964 $297.3 - $481 -
1963 $353 - $420 -
1962 $282.3 - $388 -
1961 $281.7 - $374 -
1960 $238.3 - $355 -

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

GeoRank.org/economy/mauritius/mexico | CC BY

Mauritius' GDP per capita is $11,991, ranking 78/197, compared to $14,186 in Mexico, ranking 69/197. Adjusted for purchasing power (GDP per capita PPP), Mauritius ranks 71st at $31,840, while Mexico ranks 80th at $26,185.

Economic indicators

Mauritius Mexico
Gross domestic product
$14.9B
2024
$1.86T
2024
GDP rank
143/197
2024
13/197
2024
GDP growth
4.93%
2023-2024
1.43%
2023-2024
GDP per capita
$11,991
2024
$14,186
2024
GDP per capita rank
78/197
2024
69/197
2024
GDP per capita, PPP
$31,840
2024
$26,185
2024
GDP per capita PPP rank
71/197
2024
80/197
2024
Government debt
$13.6B
2024
$1.08T
2024
Debt-to-GDP ratio
91.1%
2024
58.3%
2024
Government debt per person
$10,929
2024
$8,272
2024
Government debt per person rank
54/185
2024
63/185
2024
Average annual personal income after taxes
$7,203
2026
$10,231
2026
Market capitalization of domestic companies
$9.12B
2024
$418B
2024
Number of millionaires n/a
399,000
2025
Number of billionaires n/a
22
2025
Income share by richest 10%
29.9%
2017
34.4%
2022
Income share by poorest 10%
2.9%
2017
2.1%
2022
Government expenditure, % of GDP
33.7%
2024
30.3%
2024
Consumer prices inflation
3.6%
2023-2024
4.72%
2023-2024
Central bank interest rate
4.5%
2025
7%
2025
Unemployment rate
5.21%
2024
2.62%
2024
Population
1240121
133323134

Spending and national debt comparison by year

Mauritius
Spending

Debt
Mexico
Spending

Debt
1x
Year % of GDP
Mauritius Mexico
Government spending Government debt Government spending Government debt
2024 33.7% 91.1% 30.3% 58.3%
2023 29.9% 85.6% 28.5% 52.6%
2022 29.4% 86.9% 28.5% 53.8%
2021 30.8% 93.8% 26.7% 56.7%
2020 32.6% 93.4% 27.8% 58.5%
2019 27.8% 74.6% 25.3% 51.9%
2018 24.3% 64.1% 25% 52.2%
2017 24.3% 63% 25% 52.5%
2016 24% 64.3% 26.5% 55%
2015 24.5% 65% 26.6% 51%
2014 23% 60.6% 26.9% 47.1%
2013 24.1% 58.2% 26.7% 44.1%
2012 22.5% 55.9% 27% 40.8%
2011 23.7% 56.5% 26.6% 41.2%
2010 24% 56.4% 26.5% 40.2%
2009 25.2% 58.4% 26.5% 41.7%
2008 22.7% 49.4% 26.5% 40.6%
2007 21.5% 51.6% 22.5% 35.5%
2006 22.2% 59.3% 21.6% 35.8%
2005 23% 61.7% 21.2% 36.8%
2004 22.6% 61.1% 20.5% 38.9%
2003 23.4% 70.8% 21.5% 42.1%
2002 23.3% 66.7% 19.8% 39.9%
2001 22.4% 60.5% 19.5% 37.3%
2000 22.2% 59.7% 19.4% 38.5%
1999 27.5% - 20.1% 41.7%
1998 26.6% - 19.5% 39.7%
1997 27.5% - 20.7% 39.1%
1996 27.4% - 20.8% 42.5%
1995 27.3% - 18.9% 30.7%
1994 27.5% - 18.9% 26.8%
1993 24.5% - 18.2% 19.2%
1992 26.8% - 19% 21.5%
1991 27.2% - 20.1% 29.2%
1990 30.2% - 22.9% 35.7%
1989 - - 19.2% 36%
1988 - - 23.6% 36.5%
1987 - - 26.7% 52.7%
1986 - - 25.1% 47.8%
1985 - - 21.4% 30.4%
1984 - - 19.8% 25.2%
1983 - - 21.6% 25.3%
1982 - - 24.7% 29.8%
1981 - - 20.1% 41.7%
1980 - - 17.5% 31.4%
1979 - - 16.5% 35.8%
1978 - - 15.7% 39%
1977 - - 15.5% 41.5%
1976 - - 15.5% 31.3%
1975 - - 14.7% 24.4%
1974 - - 13.8% 21.7%
1973 - - 12.7% 20%
1972 - - 11.9% 17.9%
1971 - - 10.6% 17%
1970 - - 10.9% 17.1%
1969 - - 11.8% 10.7%
1968 - - 10.9% 7.85%
1967 - - 10.4% 8.22%
1966 - - 11.6% 5.14%
1965 - - 10.7% 9.99%
1964 - - 9.21% 6.22%
1963 - - 8.51% 4.13%
1962 - - 8.26% 4.2%
1961 - - 8.01% 4.38%
1960 - - 9.5% 4.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/mauritius/mexico | CC BY

In 2024, Mauritius' government spending was $5.03B, accounting for 33.7% of its GDP, while Mexico spent $563B, or 30.3% of GDP.

Debt-to-GDP ratio is 91.1% in Mauritius and 58.3% in Mexico, ranking 30/185 and 84/185, respectively.

Government deficit by year

Deficit/surplus
Mauritius

Mexico
1x
Year Deficit/surplus, % of GDP
Mauritius Mexico
2024 -7.47% -5.73%
2023 -4.7% -4.29%
2022 -3.34% -4.32%
2021 -4.45% -3.75%
2020 -10.6% -4.29%
2019 -7.53% -2.27%
2018 -2.19% -2.14%
2017 -1.66% -1.03%
2016 -2.81% -2.68%
2015 -3.59% -3.86%
2014 -3.13% -4.37%
2013 -3.4% -3.56%
2012 -1.78% -3.57%
2011 -3.09% -3.2%
2010 -3.07% -3.8%
2009 -3.41% -3.94%
2008 -2.66% -0.68%
2007 -3.09% -1.46%
2006 -4.14% -1.23%
2005 -4.44% -1.43%
2004 -4.34% -1.35%
2003 -4.82% -2.24%
2002 -5.18% -2.18%
2001 -5.53% -2.57%
2000 -4.4% -2.69%
1999 - -4.49%
1998 - -4.49%
1997 - -3.48%
1996 - -3.66%
1995 - -2.28%
1994 - -2.25%
1993 - -1.51%
1992 - 2.26%
1991 - 1.49%
1990 - -3.11%
1989 - -4.75%
1988 - -8.76%
1987 - -11.6%
1986 - -11.2%
1985 - -7.2%
1984 - -5.79%
1983 - -6.03%
1982 - -11.4%
1981 - -4.9%
1980 - -1.75%
1979 - -2.15%
1978 - -1.88%
1977 - -2.43%
1976 - -3.14%
1975 - -2.64%
1974 - -3.33%
1973 - -2.75%
1972 - -2.3%
1971 - -1.43%
1970 - -1.71%
1969 - -2.74%
1968 - -2.06%
1967 - -2.12%
1966 - -3.2%
1965 - -2.51%
1964 - -1.44%
1963 - -0.92%
1962 - -0.79%
1961 - -0.88%
1960 - -1.36%
1959 - -0.73%
1958 - 0.24%
1957 - -0.03%
1956 - 0.52%
1955 - 0.6%
1954 - -0.94%
1953 - -0.58%
1952 - 0.42%
1951 - -0.26%
1950 - -0.2%
1949 - 0.44%
1948 - -1.55%
1947 - -0.93%
1946 - 0.66%
1945 - -1.11%
1944 - -1.12%
1943 - 0.05%
1942 - -0.93%
1941 - -0.26%
1940 - -0.4%
1939 - -0.06%
1938 - -0.91%
1937 - -0.41%
1936 - -0.39%
1935 - 0.26%
1934 - 0.72%
1933 - -0.58%
1932 - 0%
1931 - 0.71%
1930 - 0.21%
1929 - 0.95%
1928 - 0.24%
1927 - -0.3%
1926 - -0.29%
1925 - 0.46%
1924 - 1.34%
1923 - 1.02%
1922 - 1.13%
1921 - 0.64%
1920 - 0.91%
1919 - 0.41%
1918 - -0.19%
1917 - 0.63%
1916 - -
1915 - -
1914 - -
1913 - 0.28%
1912 - -0.79%
1911 - -0.31%
1910 - 0.1%
1909 - 0.15%
1908 - -0.08%
1907 - 0.43%
1906 - 0.72%
1905 - 0.35%
1904 - 1.09%
1903 - 3.82%
1902 - 0.42%
1901 - 0.62%
1900 - 0.76%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/mauritius/mexico | CC BY

In 2024, Mauritius' government deficit, the difference between spending and revenue, was $1.12B, equivalent to 7.47% of GDP. This compares to Mexico's deficit of $106B, or 5.73% of GDP.

Over the past 25 years, Mauritius recorded a fiscal deficit in 25 of those years, while Mexico ran a deficit in 25 years. On average, Mauritius posted an annual deficit equal to 4.19% of GDP, compared to deficit of 2.9% of GDP for Mexico.

Inflation comparison by year

Inflation
Mauritius

Mexico
1x
Year Consumer prices inflation
Mauritius Mexico
2024 3.6% 4.72%
2023 7.05% 5.53%
2022 10.8% 7.9%
2021 4.03% 5.69%
2020 2.58% 3.4%
2019 0.41% 3.64%
2018 3.22% 4.9%
2017 3.67% 6.04%
2016 0.98% 2.82%
2015 1.29% 2.72%
2014 3.22% 4.02%
2013 3.54% 3.81%
2012 3.85% 4.11%
2011 6.52% 3.41%
2010 2.93% 4.16%
2009 2.52% 5.3%
2008 9.73% 5.12%
2007 8.83% 3.97%
2006 8.91% 3.63%
2005 4.94% 3.99%
2004 4.71% 4.69%
2003 3.92% 4.55%
2002 6.42% 5.03%
2001 5.39% 6.37%
2000 4.2% 9.49%
1999 6.91% 16.6%
1998 6.81% 15.9%
1997 6.83% 20.6%

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

GeoRank.org/economy/mauritius/mexico | CC BY

Over the past 28 years, Mauritius has recorded an average annual inflation rate of 4.92%, compared with 6.15% in Mexico. In 2024, inflation was 3.6% in Mauritius and 4.72% in Mexico.

Top exports between countries

Mauritius
Export category Export value
Animal & marine products $721K
Machinery & equipment $289K
Textiles & consumer goods $274K
Precious metals & jewellery $21K
Processed food, beverages & tobacco $14K
Chemicals & pharma $11K
Miscellaneous $1K
Wood & paper products $1K
Mexico
Export category Export value
Machinery & equipment $1.52M
Processed food, beverages & tobacco $9K

Balance of trade

Mauritius Mexico
Current account balance
-$1.05B
2024
-$16.7B
2024
Current account balance ranking
126/190
2024
181/190
2024
Current account balance, % of GDP
-7.03%
2024
-0.9%
2024
Goods imports
$6.35B
2024
$637B
2024
Goods exports
$2.37B
2024
$618B
2024
Service imports
$2.28B
2024
$72B
2024
Service exports
$4.19B
2024
$63B
2024
Imports of goods and services, % of GDP
78.3%
2024
37.9%
2024
Exports of goods and services, % of GDP
67.1%
2024
36.7%
2024

Economic freedom indices

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

Mauritius Mexico
Economic freedom 73 59.8
Economic freedom ranking 26/197 102/197
Property rights 83.9 37.6
Government integrity 53.4 28.8
Judicial effectiveness 80.7 40.4
Tax burden 89.6 75.4
Government spending 73.8 74.6
Fiscal health 45.5 56.7
Business freedom 81.5 67
Labor freedom 69.6 57.3
Monetary freedom 70.7 70.6
Trade freedom 87 74.2
Investment freedom 70 75
Financial freedom 70 60

Economic freedom comparison by year

Mauritius
Mexico
1x
Year Economic freedom index
Mauritius Mexico
2026 73 59.8
2025 75 61.3
2024 71.5 62
2023 70.6 63.2
2022 70.9 63.7
2021 77 65.5
2020 74.9 66
2019 73 64.7
2018 75.1 64.8
2017 74.7 63.6
2016 74.7 65.2
2015 76.4 66.4
2014 76.5 66.8
2013 76.9 67
2012 77 65.3
2011 76.2 67.8
2010 76.3 68.3
2009 74.3 65.8
2008 72.6 66.2
2007 69.4 66
2006 67.4 64.7
2005 67.2 65.2
2004 64.3 66
2003 64.4 65.3
2002 67.7 63
2001 66.4 60.6
2000 67.2 59.3
1999 68.5 58.5
1998 - 57.9
1997 - 57.1
1996 - 61.2
1995 - 63.1

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

GeoRank.org/economy/mauritius/mexico | CC BY

The Economic Freedom Index for Mauritius is 73, ranking 26/197, compared to 59.8 for Mexico, ranking 102/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Mauritius Mexico
Services, % of GDP
64.4%
2024
58.1%
2024
Industry, % of GDP
17.8%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
4.23%
2024
3.72%
2024
GNI, Atlas method
$16.2B
2024
$1.68T
2024
GNI per capita, PPP
$35,100
2024
$25,460
2024
Total reserves including gold
$8.51B
2024
$232B
2024
Total reserves ranking
83/177
2024
16/177
2024
Net foreign direct investment
$963M
2024
-$32.3B
2024
Net inflows of foreign direct investment
$681M
2024
$45.5B
2024
Net outflows of foreign direct investment
$38.3M
2024
$13B
2024
Servicing debt to the IMF, % of GNI
10.1%
2024
3.71%
2024
Poverty at national poverty lines
8.4%
2023
29.6%
2024
Gross capital formation, % of GDP
21.2%
2024
24.1%
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/mauritius/mexico | 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 (1900–1995, 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.