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Economy of Portugal vs Suriname compared: GDP & Debt

Updated on by Georank team

Portugal has a GDP of $313B compared to $4.42B for Suriname, ranking 46/197 and 164/197 by economy size, respectively.

Portugal has $297B in government debt (94.9% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Portugal vs Suriname GDP by year

Portugal
Suriname
1x
Year GDP, current $
Portugal Suriname
2024 $313,271,185,085 $4,416,775,112
2023 $292,323,800,949 $3,472,693,412
2022 $256,898,677,175 $3,791,603,200
2021 $256,055,879,091 $3,107,923,198
2020 $229,618,773,423 $2,911,807,496
2019 $240,115,970,063 $4,016,040,575
2018 $242,092,894,543 $3,996,198,867
2017 $220,862,990,767 $3,591,679,431
2016 $206,305,431,242 $3,317,421,648
2015 $199,038,523,120 $5,126,237,646
2014 $230,078,616,300 $5,240,606,061
2013 $226,677,408,292 $5,145,757,576
2012 $216,536,676,772 $4,980,000,000
2011 $245,426,767,676 $4,422,276,622
2010 $238,443,864,993 $4,368,370,998
2009 $244,667,762,836 $3,875,409,836
2008 $263,416,394,624 $3,532,969,035
2007 $240,496,147,317 $2,936,612,022
2006 $208,756,449,276 $2,626,380,435
2005 $197,253,876,705 $1,793,410,397
2004 $189,382,122,532 $1,484,092,538
2003 $165,226,175,537 $1,274,190,311
2002 $134,795,565,549 $1,093,574,468
2001 $121,604,107,165 $834,279,358
2000 $118,605,192,877 $947,671,970
1999 $127,470,385,557 $886,290,698
1998 $123,946,327,916 $1,110,850,000
1997 $117,016,535,163 $926,422,500
1996 $122,630,089,680 $861,372,806
1995 $118,122,007,430 $691,590,498
1994 $99,688,641,304 $605,492,537
1993 $95,009,751,901 $428,764,706
1992 $107,592,098,307 $404,600,000
1991 $89,233,599,278 $448,100,000
1990 $78,713,860,217 $388,400,000
1989 $60,594,092,182 $542,600,000
1988 $56,347,250,696 $1,161,000,000
1987 $48,182,925,857 $980,000,000
1986 $38,745,901,354 $891,000,000
1985 $27,115,807,742 $873,000,000
1984 $25,217,969,050 $864,000,000
1983 $27,239,650,742 $883,500,000
1982 $30,527,754,793 $915,000,000
1981 $31,977,276,873 $889,000,000
1980 $32,896,519,824 $795,000,000
1979 $26,622,819,672 $782,500,000
1978 $23,487,614,051 $735,500,000
1977 $21,439,523,311 $641,500,000
1976 $20,332,831,565 $505,500,000
1975 $19,347,607,843 $465,500,000
1974 $17,512,391,476 $409,850,000
1973 $15,090,564,186 $339,450,000
1972 $11,239,117,865 $311,950,000
1971 $9,201,604,240 $301,000,000
1970 $8,108,235,704 $274,900,000
1969 $7,287,555,035 $259,650,000
1968 $6,644,693,214 $241,350,000
1967 $6,002,607,030 $220,700,000
1966 $5,370,108,031 $190,350,000
1965 $4,901,711,248 $154,150,000
1964 $4,429,202,657 $134,400,000
1963 $4,084,251,593 $125,950,000
1962 $3,835,883,663 $116,150,000
1961 $3,573,719,085 $107,700,000
1960 $3,339,150,158 $99,650,000

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

GeoRank.org/economy/portugal/suriname | CC BY

GDP per capita in Portugal vs Suriname by year

Portugal
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Portugal Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $29,292 $51,680 $6,962 $21,801
2023 $27,635 $49,353 $5,522 $21,110
2022 $24,621 $45,250 $6,084 $20,079
2021 $24,711 $38,658 $5,030 $18,458
2020 $22,299 $35,967 $4,755 $16,947
2019 $23,343 $37,866 $6,630 $19,772
2018 $23,541 $34,897 $6,666 $17,855
2017 $21,442 $32,971 $6,050 $17,568
2016 $19,980 $31,589 $5,644 $14,475
2015 $19,216 $29,608 $8,814 $16,544
2014 $22,121 $28,765 $9,108 $16,598
2013 $21,676 $27,966 $9,043 $16,173
2012 $20,593 $26,476 $8,851 $15,185
2011 $23,247 $26,803 $7,950 $13,926
2010 $22,552 $27,292 $7,944 $13,039
2009 $23,151 $26,472 $7,130 $12,393
2008 $24,949 $26,666 $6,576 $12,097
2007 $22,811 $25,738 $5,530 $11,530
2006 $19,839 $24,677 $5,003 $10,803
2005 $18,780 $22,725 $3,453 $10,014
2004 $18,064 $21,476 $2,888 $9,389
2003 $15,798 $20,850 $2,516 $8,552
2002 $12,937 $20,357 $2,202 $8,046
2001 $11,735 $19,529 $1,715 $7,865
2000 $11,526 $18,883 $1,988 $7,535
1999 $12,475 $17,718 $1,898 $7,367
1998 $12,199 $16,688 $2,429 $7,521
1997 $11,576 $15,789 $2,068 $7,422
1996 $12,185 $14,922 $1,963 $7,048
1995 $11,781 $14,406 $1,610 $7,000
1994 $9,977 $13,578 $1,434 $6,973
1993 $9,535 $13,202 $1,022 $6,650
1992 $10,811 $13,182 $969 $6,992
1991 $8,959 $12,739 $1,080 $6,852
1990 $7,885 $11,780 $942 $6,493
1989 $6,056 - $1,329 -
1988 $5,624 - $2,886 -
1987 $4,804 - $2,469 -
1986 $3,862 - $2,271 -
1985 $2,705 - $2,256 -
1984 $2,523 - $2,261 -
1983 $2,735 - $2,333 -
1982 $3,080 - $2,430 -
1981 $3,246 - $2,368 -
1980 $3,368 - $2,118 -
1979 $2,756 - $2,072 -
1978 $2,457 - $1,928 -
1977 $2,267 - $1,666 -
1976 $2,173 - $1,302 -
1975 $2,128 - $1,190 -
1974 $2,000 - $1,041 -
1973 $1,748 - $858 -
1972 $1,302 - $785 -
1971 $1,065 - $768 -
1970 $934 - $724 -
1969 $832 - $708 -
1968 $752 - $681 -
1967 $676 - $644 -
1966 $601 - $575 -
1965 $545 - $482 -
1964 $490 - $435 -
1963 $452 - $424 -
1962 $426 - $409 -
1961 $400 - $395 -
1960 $377 - $378 -

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

GeoRank.org/economy/portugal/suriname | CC BY

Portugal's GDP per capita is $29,292, ranking 44/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Portugal ranks 42nd at $51,680, while Suriname ranks 89th at $21,801.

Economic indicators

Portugal Suriname
Gross domestic product
$313B
2024
$4.42B
2024
GDP rank
46/197
2024
164/197
2024
GDP growth
2.14%
2023-2024
1.72%
2023-2024
GDP per capita
$29,292
2024
$6,962
2024
GDP per capita rank
44/197
2024
102/197
2024
GDP per capita, PPP
$51,680
2024
$21,801
2024
GDP per capita PPP rank
42/197
2024
89/197
2024
Government debt
$297B
2024
$3.86B
2024
Debt-to-GDP ratio
94.9%
2024
87.3%
2024
Government debt per person
$27,807
2024
$6,077
2024
Government debt per person rank
27/185
2024
74/185
2024
Average annual personal income after taxes
$16,747
2026
$3,263
2026
Market capitalization of domestic companies
$61.9B
2018
n/a
Number of millionaires
171,797
2025
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
26.9%
2023
30.1%
2022
Income share by poorest 10%
2.7%
2023
2.2%
2022
Government expenditure, % of GDP
42.8%
2024
29.2%
2024
Consumer prices inflation
2.42%
2023-2024
16.2%
2023-2024
Central bank interest rate n/a
10%
2013
Unemployment rate
6.43%
2024
7.92%
2016
Population
10667081
646767

Spending and national debt comparison by year

Portugal
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Portugal Suriname
Government spending Government debt Government spending Government debt
2024 42.8% 94.9% 29.2% 87.3%
2023 42.3% 97.7% 29% 98.2%
2022 43.9% 111.2% 29.5% 116.9%
2021 47.3% 123.9% 32% 115.8%
2020 49.1% 134.1% 30.2% 146.4%
2019 42.5% 116.1% 40.5% 84%
2018 43.3% 121.1% 29.5% 68.6%
2017 45.5% 126% 28.7% 73%
2016 44.9% 131.2% 27.9% 75.4%
2015 48.2% 131% 29.9% 41.2%
2014 51.7% 132.5% 25.2% 25.2%
2013 50% 130.8% 26.2% 27.9%
2012 48.8% 128.6% 25.1% 20.1%
2011 50% 114% 21% 18.7%
2010 51.9% 100.1% 21% 17.3%
2009 50.3% 87.8% 24% 14.6%
2008 45.5% 75.6% 20.5% 14.8%
2007 44.5% 72.7% 22.6% 16.4%
2006 45.1% 73.7% 22.2% 22.5%
2005 46.8% 72.2% 22.2% 27.1%
2004 46.1% 67.1% 20.8% 29.4%
2003 45.4% 63.9% 19.2% 31.5%
2002 44.2% 60% 22.2% 37.4%
2001 44.1% 57.4% 21.8% 37.2%
2000 42.8% 54.2% 24.4% 48.4%
1999 42.5% 55.4% 19.6% 32.3%
1998 42.6% 55.6% 30.3% 21.6%
1997 42.4% 58.7% 21.1% 16.8%
1996 43% 63.3% 21.4% 11.8%
1995 42.6% 62.2% 20.2% 16.3%
1994 42.8% 60.4% 19.8% 30.5%
1993 46.5% 57.2% 21.2% 51.1%
1992 48.2% 58.1% 24.4% 64.4%
1991 45.9% 63.9% 26.6% 75.7%
1990 42.2% 60.2% 22.7% 72.9%
1989 36.2% 55.4% - -
1988 36.2% 56.8% - -
1987 37.5% 57.2% - -
1986 38.9% 59.8% - -
1985 37.5% 59.4% - -
1984 34.6% 51.3% - -
1983 34.7% 46.7% - -
1982 35.8% 43% - -
1981 35.3% 39.3% - -
1980 32.4% 31% - -
1979 30.8% 35.2% - -
1978 31.7% 31.4% - -
1977 35.1% 26.9% - -
1976 38.2% 24.5% - -
1975 31.9% 19.2% - -
1974 25.8% 13.5% - -
1973 25.7% 13.6% - -
1972 22.8% 14.5% - -
1971 15.5% 15.7% - -
1970 15.5% 16.5% - -
1969 14.9% 16.8% - -
1968 14.3% 17.2% - -
1967 14.1% 18.5% - -
1966 14.4% 20.2% - -
1965 13.4% 20.4% - -
1964 13.9% 21.9% - -
1963 14.6% 20.8% - -
1962 14.5% 18.7% - -
1961 14.6% 17.1% - -
1960 14.3% 16.4% - -

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/portugal/suriname | CC BY

In 2024, Portugal's government spending was $134B, accounting for 42.8% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 94.9% in Portugal and 87.3% in Suriname, ranking 27/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Portugal

Suriname
1x
Year Deficit/surplus, % of GDP
Portugal Suriname
2024 0.7% -2.42%
2023 1.21% -1.68%
2022 -0.31% -2.69%
2021 -2.83% -5.66%
2020 -5.75% -12%
2019 0.12% -20.2%
2018 -0.43% -8.56%
2017 -3% -8.62%
2016 -1.94% -10.2%
2015 -4.37% -8.29%
2014 -7.32% -2.65%
2013 -5.21% -2.64%
2012 -6.2% -0.38%
2011 -7.73% 2.32%
2010 -11.4% -0.15%
2009 -9.87% 2.03%
2008 -3.81% 2.39%
2007 -2.91% 5.01%
2006 -4.07% 0.59%
2005 -6.11% -3.39%
2004 -5.99% -1.2%
2003 -5.66% -0.11%
2002 -3.73% -3.3%
2001 -4.73% 3.49%
2000 -3.35% -7.76%
1999 -2.99% -4.92%
1998 -4.3% -6.39%
1997 -3.65% -0.32%
1996 -4.63% 3.42%
1995 -5.14% 1.17%
1994 -7.37% -1.89%
1993 -8.06% -4.68%
1992 -5.19% -6.45%
1991 -7.93% -9.8%
1990 -6.82% -3.04%
1989 -2.86% -
1988 -3.52% -
1987 -6.79% -
1986 -7.45% -
1985 -8.35% -
1984 -5.23% -
1983 -4.86% -
1982 -7.02% -
1981 -8.34% -
1980 -6.92% -
1979 -6.08% -
1978 -7.15% -
1977 -7.5% -
1976 -10.2% -
1975 -7.1% -
1974 -3.2% -
1973 -5.39% -
1972 -7.72% -
1971 -0.23% -
1970 -0.24% -
1969 -1.53% -
1968 -1.24% -
1967 -0.46% -
1966 -2% -
1965 -0.03% -
1964 -1.93% -
1963 -3.33% -
1962 -1.69% -
1961 -3.17% -
1960 -3.13% -
1959 -1.73% -
1958 -0.52% -
1957 0.08% -
1956 -0.18% -
1955 -0.31% -
1954 -0.58% -
1953 -0.35% -
1952 -0.34% -
1951 0.94% -
1950 -0.83% -
1949 -0.46% -
1948 -2.04% -
1947 -1.65% -
1946 -2.32% -
1945 -2.38% -
1944 -1.44% -
1943 0.03% -
1942 -0.35% -
1941 -0.08% -
1940 -1.74% -
1939 -0.73% -
1938 -0.08% -
1937 -0.09% -
1936 0.08% -
1935 0.75% -
1934 0.6% -
1933 -0.07% -
1932 -0.03% -
1931 0.04% -
1930 0.79% -
1929 1.86% -
1928 0.2% -
1927 -2.27% -
1926 -4.21% -
1925 -1.48% -
1924 -3.16% -
1923 -3.47% -
1922 -10% -
1921 -6.5% -
1920 -5.66% -
1919 -8.83% -
1918 -8.3% -
1917 -5.49% -
1916 - -
1915 - -
1914 - -
1913 -0.34% -
1912 -0.02% -
1911 -0.73% -
1910 -0.19% -
1909 -0.82% -
1908 -0.56% -
1907 -0.69% -
1906 -0.45% -
1905 -0.75% -
1904 -0.26% -
1903 -0.91% -
1902 -0.5% -
1901 -0.69% -
1900 -0.35% -
1899 -0.77% -
1898 -0.5% -
1897 -0.93% -
1896 -1.35% -
1895 -0.2% -
1894 -0.16% -
1893 -0.02% -
1892 -0.8% -
1891 -2.15% -
1890 -2.01% -
1889 -1.95% -
1888 -2.14% -
1887 -0.67% -
1886 -1.43% -
1885 -1.68% -
1884 -1.48% -
1883 -1.1% -
1882 -0.39% -
1881 -1.2% -
1880 -1.63% -

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/portugal/suriname | CC BY

In 2024, Portugal's government surplus, the difference between spending and revenue, was $2.19B, equivalent to 0.7% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, Portugal recorded a fiscal deficit in 32 of those years, while Suriname ran a deficit in 27 years. On average, Portugal posted an annual deficit equal to 4.6% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Portugal

Suriname
1x
Year Consumer prices inflation
Portugal Suriname
2024 2.42% 16.2%
2023 4.31% 51.6%
2022 7.83% 52.4%
2021 1.27% 59.1%
2020 -0.01% 34.9%
2019 0.34% -
2018 0.99% -
2017 1.37% 22%
2016 0.61% 55.4%
2015 0.49% 6.89%
2014 -0.28% 3.38%
2013 0.27% 1.92%
2012 2.77% 5.01%
2011 3.65% 17.7%
2010 1.4% 6.94%
2009 -0.84% -0.13%
2008 2.59% 14.7%
2007 2.45% 6.43%
2006 3.11% 11.3%
2005 2.28% 9.9%
2004 2.37% 9.99%
2003 3.22% 23%
2002 3.6% 15.5%
2001 4.37% 38.6%
2000 2.85% 59.4%
1999 2.34% 98.8%
1998 2.57% 19%
1997 2.34% 7.15%

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

GeoRank.org/economy/portugal/suriname | CC BY

Over the past 28 years, Portugal has recorded an average annual inflation rate of 2.17%, compared with 24.9% in Suriname. In 2024, inflation was 2.42% in Portugal and 16.2% in Suriname.

Top exports between countries

Portugal
Export category Export value
Wood & paper products $457K
Processed food, beverages & tobacco $387K
Textiles & consumer goods $233K
Machinery & equipment $145K
Chemicals & pharma $51K
Raw agricultural goods $10K
Animal & marine products $1K
Metals $1K
Raw materials & minerals $1K
Suriname
Export category Export value
Raw agricultural goods $2.28M
Processed food, beverages & tobacco $288K
Animal & marine products $45K
Wood & paper products $6K
Machinery & equipment $4K

Balance of trade

Portugal Suriname
Current account balance
$6.51B
2024
$9.31M
2024
Current account balance ranking
28/190
2024
76/190
2024
Current account balance, % of GDP
+2.08%
2024
+0.21%
2024
Goods imports
$109B
2024
$1.65B
2024
Goods exports
$81.4B
2024
$2.58B
2024
Service imports
$27.9B
2024
$921M
2024
Service exports
$62.7B
2024
$211M
2024
Imports of goods and services, % of GDP
43.9%
2024
38.4%
2010
Exports of goods and services, % of GDP
45.8%
2024
52.5%
2010

Economic freedom indices

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

Portugal Suriname
Economic freedom 71.2 53
Economic freedom ranking 33/197 143/197
Property rights 88.9 40.5
Government integrity 63.4 41
Judicial effectiveness 90.1 46.5
Tax burden 60.6 69.1
Government spending 44.6 74.3
Fiscal health 82 76.6
Business freedom 83.1 56.9
Labor freedom 54.8 69
Monetary freedom 77.7 56.4
Trade freedom 79.4 65.2
Investment freedom 70 20
Financial freedom 60 20

Economic freedom comparison by year

Portugal
Suriname
1x
Year Economic freedom index
Portugal Suriname
2026 71.2 53
2025 70.5 50.9
2024 68.7 46.7
2023 69.5 46.1
2022 70.8 48.1
2021 67.5 46.4
2020 67 49.5
2019 65.3 48.1
2018 63.4 48.1
2017 62.6 48
2016 65.1 53.8
2015 65.3 54.2
2014 63.5 54.2
2013 63.1 52
2012 63 52.6
2011 64 53.1
2010 64.4 52.5
2009 64.9 54.1
2008 63.9 54.3
2007 64 54.8
2006 62.9 55.1
2005 62.4 51.9
2004 64.9 47.9
2003 64.9 46.9
2002 65.4 48
2001 66 44.3
2000 65.5 45.8
1999 65.6 40.1
1998 65 39.9
1997 63.6 35.9
1996 64.5 36.7
1995 62.4 -

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

GeoRank.org/economy/portugal/suriname | CC BY

The Economic Freedom Index for Portugal is 71.2, ranking 33/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Portugal Suriname
Services, % of GDP
66.3%
2024
50.8%
2024
Industry, % of GDP
18.7%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
2.02%
2024
6.77%
2024
GNI, Atlas method
$288B
2024
$3.61B
2024
GNI per capita, PPP
$50,730
2024
$20,000
2024
Total reserves including gold
$42.4B
2024
$1.63B
2024
Total reserves ranking
48/177
2024
132/177
2024
Net foreign direct investment
-$6.64B
2024
$26.5M
2024
Net inflows of foreign direct investment
$13.5B
2024
-$37.6M
2024
Net outflows of foreign direct investment
$6.84B
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI n/a
20.5%
2023
Poverty at national poverty lines
16.4%
2021
70%
2020
Gross capital formation, % of GDP
20.4%
2024
36.2%
2010

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/portugal/suriname | 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)
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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.