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Economy of Netherlands vs Saint Lucia compared: GDP & Debt

Updated on by Georank team

The Netherlands has a GDP of $1.21T compared to $2.55B for Saint Lucia, ranking 19/197 and 173/197 by economy size, respectively.

The Netherlands has $532B in government debt (43.8% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Netherlands vs Saint Lucia GDP by year

Netherlands
Saint Lucia
1x
Year GDP, current $
Netherlands Saint Lucia
2024 $1,214,927,698,573 $2,549,062,963
2023 $1,135,475,867,551 $2,430,166,667
2022 $1,046,540,797,549 $2,342,714,815
2021 $1,054,472,123,450 $1,867,185,185
2020 $932,560,861,701 $1,499,274,074
2019 $928,903,005,576 $2,095,344,444
2018 $929,733,599,797 $2,060,955,556
2017 $848,233,537,846 $1,998,503,704
2016 $797,163,949,290 $1,868,544,444
2015 $775,743,675,303 $1,807,640,741
2014 $901,556,501,756 $1,749,185,185
2013 $883,951,539,007 $1,660,392,593
2012 $845,689,017,066 $1,598,207,407
2011 $913,140,741,333 $1,568,370,370
2010 $852,464,982,433 $1,482,385,185
2009 $878,954,223,140 $1,401,507,889
2008 $957,901,566,041 $1,437,731,111
2007 $853,499,460,873 $1,336,088,815
2006 $737,593,995,289 $1,268,319,185
2005 $688,133,699,636 $1,135,555,556
2004 $661,224,886,143 $1,066,666,667
2003 $582,435,617,082 $987,407,407
2002 $475,529,972,123 $900,000,000
2001 $432,536,219,669 $892,592,593
2000 $417,649,282,154 $932,592,593
1999 $447,778,514,140 $921,851,852
1998 $438,612,530,549 $877,407,407
1997 $417,506,211,882 $805,925,926
1996 $451,372,549,020 $788,888,889
1995 $452,967,334,614 $762,962,963
1994 $379,688,232,232 $713,703,704
1993 $354,070,495,966 $684,814,815
1992 $363,497,050,125 $674,074,074
1991 $327,982,316,124 $613,703,704
1990 $318,799,003,994 $579,629,630
1989 $258,716,904,292 $486,666,667
1988 $262,295,966,105 $429,629,630
1987 $245,406,949,521 $375,555,556
1986 $201,157,708,221 $340,000,000
1985 $144,057,523,222 $284,444,444
1984 $144,124,462,912 $251,481,481
1983 $153,671,294,109 $197,037,037
1982 $158,712,765,536 $183,333,333
1981 $164,375,775,854 $194,444,444
1980 $195,439,301,707 $170,370,370
1979 $179,933,827,310 -
1978 $156,089,077,205 -
1977 $127,203,923,857 -
1976 $109,329,386,564 -
1975 $100,397,061,694 -
1974 $87,371,810,804 -
1973 $71,946,639,603 -
1972 $54,787,070,173 -
1971 $44,644,730,576 -
1970 $38,220,884,519 -
1969 $34,086,038,090 -
1968 $30,097,635,751 -
1967 $27,143,828,099 -
1966 $24,741,480,717 -
1965 $22,721,869,808 -
1964 $20,232,048,553 -
1963 $17,193,744,109 -
1962 $15,847,582,341 -
1961 $14,599,836,396 -
1960 $13,282,979,015 -

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

GeoRank.org/economy/netherlands/saint-lucia | CC BY

GDP per capita in Netherlands vs Saint Lucia by year

Netherlands
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Netherlands Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $67,520 $86,174 $14,182 $27,567
2023 $63,516 $81,729 $13,555 $25,975
2022 $59,123 $78,630 $13,104 $24,599
2021 $60,142 $68,574 $10,459 $19,101
2020 $53,468 $62,597 $8,411 $14,912
2019 $53,555 $62,345 $11,794 $18,710
2018 $53,955 $58,819 $11,643 $17,433
2017 $49,514 $56,038 $11,333 $16,131
2016 $46,809 $53,162 $10,638 $15,307
2015 $45,794 $50,957 $10,335 $14,353
2014 $53,457 $49,751 $10,045 $14,403
2013 $52,602 $49,622 $9,577 $14,010
2012 $50,474 $47,653 $9,260 $13,443
2011 $54,702 $47,004 $9,129 $13,471
2010 $51,306 $45,301 $8,674 $12,718
2009 $53,172 $44,959 $8,251 $12,600
2008 $58,247 $46,714 $8,517 $12,969
2007 $52,101 $44,203 $7,964 $12,199
2006 $45,124 $41,208 $7,611 $11,758
2005 $42,165 $37,778 $6,863 $10,818
2004 $40,611 $35,961 $6,495 $10,610
2003 $35,897 $34,286 $6,059 $9,707
2002 $29,447 $34,568 $5,568 $9,205
2001 $26,956 $33,259 $5,570 $9,106
2000 $26,225 $31,895 $5,880 $9,314
1999 $28,319 $29,316 $5,883 $9,214
1998 $27,924 $27,749 $5,673 $8,965
1997 $26,745 $26,062 $5,282 $8,456
1996 $29,064 $24,564 $5,244 $8,490
1995 $29,301 $23,480 $5,148 $8,222
1994 $24,683 $22,414 $4,892 $8,041
1993 $23,156 $21,443 $4,765 $7,865
1992 $23,939 $20,831 $4,760 $7,753
1991 $21,764 $20,177 $4,399 $7,127
1990 $21,322 $19,203 $4,205 $6,951
1989 $17,423 - $3,565 -
1988 $17,771 - $3,182 -
1987 $16,734 - $2,819 -
1986 $13,804 - $2,591 -
1985 $9,941 - $2,202 -
1984 $9,992 - $1,979 -
1983 $10,696 - $1,576 -
1982 $11,089 - $1,489 -
1981 $11,537 - $1,605 -
1980 $13,812 - $1,428 -
1979 $12,817 - - -
1978 $11,196 - - -
1977 $9,180 - - -
1976 $7,937 - - -
1975 $7,346 - - -
1974 $6,450 - - -
1973 $5,353 - - -
1972 $4,110 - - -
1971 $3,384 - - -
1970 $2,931 - - -
1969 $2,647 - - -
1968 $2,364 - - -
1967 $2,155 - - -
1966 $1,986 - - -
1965 $1,848 - - -
1964 $1,668 - - -
1963 $1,437 - - -
1962 $1,342 - - -
1961 $1,254 - - -
1960 $1,156 - - -

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

GeoRank.org/economy/netherlands/saint-lucia | CC BY

The Netherlands' GDP per capita is $67,520, ranking 13/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), the Netherlands ranks 11th at $86,174, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Netherlands Saint Lucia
Gross domestic product
$1.21T
2024
$2.55B
2024
GDP rank
19/197
2024
173/197
2024
GDP growth
1.08%
2023-2024
3.89%
2023-2024
GDP per capita
$67,520
2024
$14,182
2024
GDP per capita rank
13/197
2024
70/197
2024
GDP per capita, PPP
$86,174
2024
$27,567
2024
GDP per capita PPP rank
11/197
2024
75/197
2024
Government debt
$532B
2024
$1.97B
2024
Debt-to-GDP ratio
43.8%
2024
77.2%
2024
Government debt per person
$29,571
2024
$10,952
2024
Government debt per person rank
24/185
2024
52/185
2024
Average annual personal income after taxes
$47,815
2026
$10,412
2026
Market capitalization of domestic companies
$1.1T
2017
n/a
Number of millionaires
1,267,000
2025
n/a
Number of billionaires
13
2025
n/a
Income share by richest 10%
21.4%
2021
34.1%
2015
Income share by poorest 10%
3.6%
2021
2.1%
2015
Government expenditure, % of GDP
44.4%
2024
24.5%
2024
Consumer prices inflation
3.35%
2023-2024
-0.11%
2023-2024
Unemployment rate
3.64%
2024
10.1%
2024
Population
18252623
180638

Spending and national debt comparison by year

Netherlands
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Netherlands Saint Lucia
Government spending Government debt Government spending Government debt
2024 44.4% 43.8% 24.5% 77.2%
2023 44% 45.9% 25.6% 76.6%
2022 43.3% 48.4% 23% 74.4%
2021 45.9% 50.5% 27.4% 87%
2020 47.8% 53.4% 34.9% 100%
2019 42.1% 47.7% 25.1% 62.1%
2018 42.4% 51.6% 23.2% 60.5%
2017 42.8% 56% 23.3% 60.4%
2016 43.9% 60.9% 23% 61.3%
2015 45.3% 63.8% 23.7% 61.1%
2014 46.7% 67.2% 23.6% 62.4%
2013 47.5% 67.2% 25.4% 62.1%
2012 47.6% 65.7% 28% 60.8%
2011 47.8% 61.2% 27% 55.2%
2010 48.9% 58.9% 26% 53%
2009 48.4% 56.3% 24.5% 51%
2008 44.3% 54.4% 22.2% 46.7%
2007 43.3% 42.7% 22.6% 49.1%
2006 44% 45% 24.7% 48.6%
2005 43.4% 49.6% 26% 51.9%
2004 44.7% 50.1% 22.9% 49.6%
2003 45.8% 49.8% 22.9% 45.6%
2002 44.8% 48.7% 23.6% 48.8%
2001 44.1% 49.4% 22.1% 38.1%
2000 43.2% 52.2% 20.7% 32.5%
1999 44.3% 58.6% 20.9% 28.9%
1998 44.6% 62.7% 18.8% 29.4%
1997 45.7% 65.7% 19.5% 27.2%
1996 47.3% 71.2% 18.9% 24.1%
1995 53.9% 73% 19.2% 22.9%
1994 49.4% 73.5% 19.1% 23.8%
1993 50.9% 76.7% 21.8% 22.9%
1992 50.2% 75.6% 18.4% 22.2%
1991 49.6% 74.8% 18.4% 19.8%
1990 48.8% 75% 16.7% 17%
1989 54.5% 73.7% 19% 18.1%
1988 56.4% 73.7% 18.2% 18.6%
1987 58.5% 71.3% 19.9% 19.6%
1986 57% 68.9% 21.1% 17.2%
1985 57.3% 67.1% 20.4% 17.1%
1984 58.1% 61.9% - -
1983 59.1% 58.4% - -
1982 59.1% 52.4% - -
1981 56.8% 46.9% - -
1980 55.2% 43.6% - -
1979 53.7% 39.5% - -
1978 52.3% 38.1% - -
1977 50.6% 34.9% - -
1976 50.8% 35.2% - -
1975 50.8% 36.1% - -
1974 46.4% 36.3% - -
1973 44.6% 38.1% - -
1972 44.9% 41.3% - -
1971 44.6% 43.7% - -
1970 43.2% 46.1% - -
1969 42.1% 48.2% - -
1968 25.4% 54.4% - -
1967 24.1% 55% - -
1966 24.4% 55.6% - -
1965 23.4% 55.8% - -
1964 22.3% 57.1% - -
1963 21.9% 61.7% - -
1962 22.1% 63.8% - -
1961 22.2% 65.9% - -
1960 20.4% 66.7% - -

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/netherlands/saint-lucia | CC BY

In 2024, the Netherlands' government spending was $540B, accounting for 44.4% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 43.8% in the Netherlands and 77.2% in Saint Lucia, ranking 123/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Netherlands

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Netherlands Saint Lucia
2024 -0.94% -2.13%
2023 -0.37% -3.09%
2022 0.002% -1.67%
2021 -2.26% -5.1%
2020 -3.72% -12%
2019 1.91% -3.51%
2018 1.49% -1.03%
2017 1.35% -1.14%
2016 0.23% -0.79%
2015 -1.84% -2.35%
2014 -2.17% -3.08%
2013 -2.87% -4.84%
2012 -3.83% -7.62%
2011 -4.42% -5.38%
2010 -5.3% -4.17%
2009 -5.06% -2.67%
2008 -0.06% -0.72%
2007 -0.16% -1.62%
2006 0.04% -5.07%
2005 -0.51% -6.18%
2004 -1.82% -2.63%
2003 -3.19% -3.23%
2002 -2.23% -3.1%
2001 -0.47% -3.08%
2000 1.14% -1.16%
1999 0.28% 1.62%
1998 -1.34% 2.25%
1997 -1.6% -1.13%
1996 -1.91% -0.58%
1995 -8.72% -0.13%
1994 -3.53% -0.02%
1993 -3.13% -0.26%
1992 -3.12% -0.66%
1991 -2.05% -0.43%
1990 -4.08% 0.29%
1989 -5% 0.89%
1988 -4.23% 2.02%
1987 -5.39% 0.56%
1986 -4.62% -1.61%
1985 -3.6% -1.5%
1984 -5.25% -
1983 -5.47% -
1982 -6.17% -
1981 -4.92% -
1980 -3.95% -
1979 -2.46% -
1978 -2.09% -
1977 -0.75% -
1976 -2.02% -
1975 -2.82% -
1974 -0.26% -
1973 0.54% -
1972 -0.7% -
1971 -1.58% -
1970 -1.52% -
1969 -1.14% -
1968 -3.06% -
1967 -1.97% -
1966 -2.37% -
1965 -1.15% -
1964 -1.2% -
1963 -0.54% -
1962 -1.38% -
1961 -0.38% -
1960 0.9% -
1959 -0.74% -
1958 -0.89% -
1957 0.3% -
1956 -0.83% -
1955 -0.25% -
1954 0.76% -
1953 -2.95% -
1952 2.19% -
1951 2.13% -
1950 0.81% -
1949 2.3% -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 -3.19% -
1938 -0.37% -
1937 0.02% -
1936 -0.41% -
1935 -0.69% -
1934 -0.92% -
1933 -2.55% -
1932 -1.97% -
1931 -1.66% -
1930 -0.55% -
1929 -1.16% -
1928 -0.62% -
1927 -0.33% -
1926 -0.78% -
1925 -2.04% -
1924 -3.37% -
1923 -2.62% -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -0.45% -
1912 -0.47% -
1911 -0.13% -
1910 -0.93% -
1909 -0.34% -
1908 -0.57% -
1907 0.03% -
1906 0.16% -
1905 0.1% -
1904 -0.72% -
1903 0.09% -
1902 -0.14% -
1901 0.03% -
1900 0.06% -
1899 -0.13% -
1898 -0.48% -
1897 -0.45% -
1896 0.08% -
1895 -0.06% -
1894 0.12% -
1893 -0.76% -
1892 -1.72% -
1891 -0.06% -
1890 -0.06% -
1889 0.04% -
1888 -0.31% -
1887 -0.37% -
1886 -0.08% -
1885 -0.55% -
1884 0% -
1883 -2.1% -
1882 -1.11% -
1881 -1.06% -
1880 0.21% -

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/netherlands/saint-lucia | CC BY

In 2024, the Netherlands' government deficit, the difference between spending and revenue, was $11.5B, equivalent to 0.94% of GDP. This compares to Saint Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 40 years, the Netherlands recorded a fiscal deficit in 32 of those years, while Saint Lucia ran a deficit in 34 years. On average, the Netherlands posted an annual deficit equal to 2.18% of GDP, compared to deficit of 2.15% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Netherlands

Saint Lucia
1x
Year Consumer prices inflation
Netherlands Saint Lucia
2024 3.35% -0.11%
2023 3.84% 4.07%
2022 10% 6.38%
2021 2.68% 2.41%
2020 1.27% -1.76%
2019 2.63% 0.54%
2018 1.7% 1.94%
2017 1.38% 0.1%
2016 0.32% -3.08%
2015 0.6% -0.98%
2014 0.98% 3.52%
2013 2.51% 1.47%
2012 2.46% 4.18%
2011 2.34% 2.77%
2010 1.28% 3.25%
2009 1.19% -0.16%
2008 2.49% 5.55%
2007 1.61% 2.82%
2006 1.1% 2.4%
2005 1.69% 3.9%
2004 1.26% 1.46%
2003 2.09% 1.03%
2002 3.29% -0.26%
2001 4.16% 5.31%
2000 2.36% 3.71%
1999 2.16% 3.5%
1998 1.96% 3.2%
1997 2.11% -0.006%

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

GeoRank.org/economy/netherlands/saint-lucia | CC BY

Over the past 28 years, the Netherlands has recorded an average annual inflation rate of 2.31%, compared with 2.04% in Saint Lucia. In 2024, inflation was 3.35% in the Netherlands and -0.11% in Saint Lucia.

Top exports between countries

Netherlands
Export category Export value
Processed food, beverages & tobacco $3.61M
Machinery & equipment $3.6M
Textiles & consumer goods $927K
Raw agricultural goods $847K
Metals $760K
Chemicals & pharma $594K
Animal & marine products $571K
Miscellaneous $214K
Raw materials & minerals $111K
Wood & paper products $66K
Saint Lucia
Export category Export value
Processed food, beverages & tobacco $18K
Miscellaneous $13K
Textiles & consumer goods $4K

Balance of trade

Netherlands Saint Lucia
Current account balance
$111B
2024
-$64.1M
2024
Current account balance ranking
5/190
2024
86/190
2024
Current account balance, % of GDP
+9.13%
2024
-2.52%
2024
Goods imports
$606B
2024
$848M
2024
Goods exports
$693B
2024
$137M
2024
Service imports
$262B
2024
$598M
2024
Service exports
$308B
2024
$1.46B
2024
Imports of goods and services, % of GDP
71.4%
2024
n/a
Exports of goods and services, % of GDP
82.4%
2024
19%
2025

Economic freedom indices

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

Netherlands Saint Lucia
Economic freedom 78.5 67.5
Economic freedom ranking 11/197 57/197
Property rights 96 64.3
Government integrity 86.8 59.7
Judicial effectiveness 96.1 77.3
Tax burden 54 77.7
Government spending 42.2 82.6
Fiscal health 95.9 80
Business freedom 85 71.9
Labor freedom 59.3 65.2
Monetary freedom 77 81
Trade freedom 79.4 60
Investment freedom 90 50
Financial freedom 80 40

Economic freedom comparison by year

Netherlands
Saint Lucia
1x
Year Economic freedom index
Netherlands Saint Lucia
2026 78.5 67.5
2025 78.2 67
2024 77.3 62.2
2023 78 60.7
2022 79.5 64.3
2021 76.8 67.5
2020 77 68.2
2019 76.8 68.7
2018 76.2 67.6
2017 75.8 65
2016 74.6 70
2015 73.7 70.2
2014 74.2 70.7
2013 73.5 70.4
2012 73.3 71.3
2011 74.7 70.8
2010 75 70.5
2009 77 68.8
2008 77.4 -
2007 75.5 -
2006 75.4 -
2005 72.9 -
2004 74.5 -
2003 74.6 -
2002 75.1 -
2001 73 -
2000 70.4 -
1999 70.2 -
1998 69.2 -
1997 70.4 -
1996 69.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/netherlands/saint-lucia | CC BY

The Economic Freedom Index for the Netherlands is 78.5, ranking 11/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Netherlands Saint Lucia
Services, % of GDP
70.5%
2024
75.9%
2024
Industry, % of GDP
17.5%
2024
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
1.73%
2024
1.13%
2024
GNI, Atlas method
$1.12T
2024
$2.27B
2024
GNI per capita, PPP
$84,970
2024
$24,840
2024
Total reserves including gold
$79.1B
2024
$406M
2024
Total reserves ranking
34/177
2024
162/177
2024
Net foreign direct investment
$11.1B
2024
-$187M
2024
Net inflows of foreign direct investment
-$17.1B
2024
$187M
2024
Net outflows of foreign direct investment
-$5.93B
2024
-$350K
2024
Servicing debt to the IMF, % of GNI n/a
3.42%
2024
Poverty at national poverty lines
14.5%
2021
25%
2016
Gross capital formation, % of GDP
19.7%
2024
n/a

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/netherlands/saint-lucia | 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 (1996–2026, 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.