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Economy of Seychelles vs United States compared: GDP & Debt

Updated on by Georank

The Seychelles has a GDP of $2.39B compared to $30.8T for the United States, ranking 177/197 and 1/197 by economy size, respectively.

The Seychelles has $1.23B in government debt (51.5% of GDP), compared to $38.1T (123.9% of GDP) in the United States.

Seychelles vs United States GDP by year

Seychelles
United States
1x
Year GDP, current $
Seychelles United States
2025 $2,387,022,853 $30,769,700,000,000
2024 $2,228,608,684 $29,298,013,000,000
2023 $2,171,547,935 $27,811,517,000,000
2022 $1,999,888,599 $26,054,614,000,000
2021 $1,487,173,795 $23,725,645,000,000
2020 $1,382,551,752 $21,375,281,000,000
2019 $1,868,690,097 $21,539,982,000,000
2018 $1,784,313,927 $20,656,516,000,000
2017 $1,675,370,641 $19,612,102,000,000
2016 $1,568,513,348 $18,804,913,000,000
2015 $1,432,403,352 $18,295,019,000,000
2014 $1,387,577,870 $17,608,138,000,000
2013 $1,333,160,407 $16,880,683,000,000
2012 $1,089,407,839 $16,253,970,000,000
2011 $1,058,918,707 $15,599,732,000,000
2010 $981,616,542 $15,048,971,000,000
2009 $850,901,620 $14,478,067,000,000
2008 $979,597,394 $14,769,862,000,000
2007 $1,077,308,814 $14,474,228,000,000
2006 $1,081,441,283 $13,815,583,000,000
2005 $977,899,382 $13,039,197,000,000
2004 $893,012,218 $12,217,196,000,000
2003 $750,847,230 $11,456,450,000,000
2002 $742,134,838 $10,929,108,000,000
2001 $662,064,156 $10,581,929,000,000
2000 $654,212,394 $10,250,952,000,000
1999 $662,838,615 $9,631,172,000,000
1998 $647,287,376 $9,062,817,000,000
1997 $598,966,982 $8,577,552,000,000
1996 $535,250,347 $8,073,122,000,000
1995 $540,733,048 $7,639,749,000,000
1994 $517,570,058 $7,287,236,000,000
1993 $504,230,621 $6,858,559,000,000
1992 $461,409,399 $6,520,327,000,000
1991 $398,307,170 $6,158,129,000,000
1990 $392,163,561 $5,963,144,000,000
1989 $324,333,367 $5,641,580,000,000
1988 $301,985,618 $5,236,438,000,000
1987 $265,212,957 $4,855,215,000,000
1986 $221,147,061 $4,579,631,000,000
1985 $179,691,483 $4,338,979,000,000
1984 $160,992,921 $4,037,613,000,000
1983 $156,098,237 $3,634,038,000,000
1982 $157,211,790 $3,343,789,000,000
1981 $163,750,728 $3,207,041,000,000
1980 $156,783,830 $2,857,307,000,000
1979 $127,261,099 $2,627,333,000,000
1978 $85,552,366 $2,351,599,000,000
1977 $64,526,401 $2,081,826,000,000
1976 $49,278,982 $1,873,412,000,000
1975 $47,803,146 $1,684,904,000,000
1974 $43,134,496 $1,545,243,000,000
1973 $36,896,280 $1,425,376,000,000
1972 $30,645,123 $1,279,110,000,000
1971 $21,965,951 $1,164,850,000,000
1970 $18,432,032 $1,073,303,000,000
1969 $16,452,028 $1,017,438,172,414
1968 $16,074,028 $940,225,000,000
1967 $16,632,032 $859,620,034,483
1966 $16,443,034 $813,032,758,621
1965 $15,603,032 $741,904,862,069
1964 $15,393,032 $684,144,620,690
1963 $13,923,029 $637,058,551,724
1962 $12,642,026 $603,639,413,793
1961 $11,592,024 $561,940,310,345
1960 $12,012,025 $541,988,586,207

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

GeoRank.org/economy/seychelles/united-states | CC BY

GDP per capita in Seychelles vs United States by year

Seychelles
GDP per capita

GDP per capita, PPP
United States
GDP per capita

GDP per capita, PPP
1x
Year Current $
Seychelles United States
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $19,449 - $90,027 -
2024 $18,365 $33,239 $86,143 $85,810
2023 $18,131 $31,781 $83,041 $82,305
2022 $16,683 $29,973 $78,178 $77,861
2021 $14,983 $29,980 $71,486 $71,307
2020 $14,041 $31,056 $64,475 $64,402
2019 $19,142 $34,219 $65,605 $65,228
2018 $18,440 $32,091 $63,201 $62,876
2017 $17,480 $30,675 $60,322 $60,048
2016 $16,567 $28,811 $58,207 $57,977
2015 $15,333 $25,435 $57,040 $56,849
2014 $15,188 $24,985 $55,304 $55,153
2013 $14,821 $22,487 $53,410 $53,297
2012 $12,337 $22,264 $51,784 $51,708
2011 $12,110 $21,781 $50,066 $50,025
2010 $10,935 $18,982 $48,651 $48,643
2009 $9,747 $18,453 $47,195 $47,195
2008 $11,265 $18,881 $48,570 $48,570
2007 $12,669 $19,473 $48,050 $48,050
2006 $12,783 $17,503 $46,302 $46,302
2005 $11,802 $15,846 $44,123 $44,123
2004 $10,828 $14,160 $41,725 $41,725
2003 $9,070 $14,142 $39,490 $39,490
2002 $8,864 $14,570 $37,998 $37,998
2001 $8,153 $14,615 $37,134 $37,134
2000 $8,064 $14,638 $36,330 $36,330
1999 $8,243 $13,853 $34,484 $34,515
1998 $8,210 $13,675 $32,823 $32,854
1997 $7,747 $13,458 $31,430 $31,459
1996 $7,004 $11,931 $29,937 $29,968
1995 $7,181 $10,809 $28,661 $28,691
1994 $6,975 $10,692 $27,662 $27,695
1993 $6,979 $11,020 $26,353 $26,387
1992 $6,520 $10,243 $25,381 $25,419
1991 $5,655 $9,387 $24,293 $24,342
1990 $5,642 $8,955 $23,840 $23,889
1989 $4,689 - $22,857 -
1988 $4,392 - $21,417 -
1987 $3,872 - $20,039 -
1986 $3,368 - $19,071 -
1985 $2,754 - $18,237 -
1984 $2,488 - $17,121 -
1983 $2,426 - $15,544 -
1982 $2,441 - $14,434 -
1981 $2,557 - $13,976 -
1980 $2,478 - $12,613 -
1979 $2,030 - $11,674 -
1978 $1,377 - $10,565 -
1977 $1,044 - $9,453 -
1976 $814 - $8,592 -
1975 $806 - $7,801 -
1974 $745 - $7,226 -
1973 $649 - $6,726 -
1972 $547 - $6,094 -
1971 $402 - $5,609 -
1970 $344 - $5,234 -
1969 $314 - $5,020 -
1968 $314 - $4,685 -
1967 $333 - $4,326 -
1966 $338 - $4,136 -
1965 $328 - $3,818 -
1964 $332 - $3,565 -
1963 $308 - $3,366 -
1962 $287 - $3,236 -
1961 $270.3 - $3,059 -
1960 $288.1 - $3,000 -

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

GeoRank.org/economy/seychelles/united-states | CC BY

The Seychelles' GDP per capita is $19,449, ranking 64/197, compared to $90,027 in the United States, ranking 10/197. Adjusted for purchasing power (GDP per capita PPP), the Seychelles ranks 67th at $33,239, while the United States ranks 12th at $85,810.

Economic indicators

Seychelles United States
Gross domestic product
$2.39B
2025
$30.8T
2025
GDP rank
177/197
2025
1/197
2025
GDP growth
5.8%
2024-2025
2.16%
2024-2025
GDP per capita
$19,449
2025
$90,027
2025
GDP per capita rank
64/197
2025
10/197
2025
GDP per capita, PPP
$33,239
2024
$85,810
2024
GDP per capita PPP rank
67/197
2024
12/197
2024
Government debt
$1.23B
2025
$38.1T
2025
Debt-to-GDP ratio
51.5%
2025
123.9%
2025
Government debt per person
$10,019
2025
$111,531
2025
Government debt per person rank
59/185
2025
2/185
2025
Average annual personal income after taxes
$11,537
2026
$54,600
2026
Market capitalization of domestic companies
$646M
2025
$68.9T
2025
Number of millionaires n/a
23,627,000
2026
Number of billionaires n/a
989
2026
Income share by richest 10%
23.9%
2018
30.7%
2024
Income share by poorest 10%
2.6%
2018
1.7%
2024
Government expenditure, % of GDP
32.7%
2025
37.7%
2025
Consumer prices inflation
0.3%
2024-2025
2.95%
2023-2024
Central bank interest rate
1.75%
2024
3.75%
2025
Unemployment rate
2.59%
2024
4.28%
2025
Population
125859
344434632

Spending and national debt comparison by year

Seychelles
Spending

Debt
United States
Spending

Debt
1x
Year % of GDP
Seychelles United States
Government spending Government debt Government spending Government debt
2025 32.7% 51.5% 37.7% 123.9%
2024 33% 56.1% 37.7% 122.3%
2023 33.1% 55.1% 37.5% 120%
2022 31.6% 60.6% 36.8% 119.1%
2021 38.8% 71% 43.2% 125%
2020 46.7% 77.4% 44.7% 132.6%
2019 31.7% 48.9% 35.8% 108.8%
2018 33% 51.3% 35.3% 107.7%
2017 34.3% 56.7% 35.2% 106.4%
2016 34.5% 64.3% 35.3% 107.4%
2015 31.5% 75.4% 35% 105.4%
2014 33.4% 70.4% 35.3% 104.9%
2013 37.8% 68.2% 35.8% 105%
2012 38.6% 80.1% 37.2% 103.7%
2011 36.4% 82.5% 38.8% 100%
2010 34.6% 82.2% 39.8% 95.7%
2009 32.1% 106.1% 41.4% 87.1%
2008 27% 192.1% 37.1% 73.8%
2007 41.9% 144% 34.6% 64.9%
2006 43.6% 135.1% 33.7% 64.5%
2005 39% 144.1% 33.9% 65.8%
2004 39.9% 163.2% 33.7% 66.4%
2003 44.6% 177% 34% 59%
2002 56.3% 195.9% 33.7% 55.9%
2001 46.8% 199.8% 32.8% 53.5%
2000 55.4% 177.8% 31.7% 54.5%
1999 56.1% 159.8% 32.2% 60.5%
1998 60.7% 161.2% 32.8% 64.2%
1997 54.7% 143% 33.7% 67.4%
1996 59.1% 146.7% 34.7% 69.9%
1995 53.1% 133.5% 35.5% 70.7%
1994 63.6% 123.5% 35.5% 71.1%
1993 60.4% 82.2% 36.4% 71.9%
1992 50.7% 79.9% 36.7% 70.3%
1991 52.1% 89.2% 35.7% 67.9%
1990 46.1% 80.4% 34.5% 63.1%
1989 51.7% 39.9% 33.7% 61.6%
1988 46.7% 41.3% 33.7% 61.3%
1987 49.7% 37% 34.3% 60.6%
1986 58% 31.5% 34.8% 58.9%
1985 53% 26.5% 34.5% 55.4%
1984 50.5% 15.3% 34.3% 50.6%
1983 47.9% 12.4% 35.7% 48.9%
1982 - - 35.8% 45.9%
1981 - - 33.9% 41.1%
1980 - - 33.7% 41.9%
1979 - - 32% 41.2%
1978 - - 32.6% 42.5%
1977 - - 33.4% 43.6%
1976 - - 34.2% 44.8%
1975 - - 35.2% 44.6%
1974 - - 32.9% 41.4%
1973 - - 31.9% 42.6%
1972 - - 32.8% 45.4%
1971 - - 32.3% 47%
1970 - - 31.5% 46.4%
1969 - - 29.3% 45.9%
1968 - - 29.1% 48.5%
1967 - - 28.3% 50.4%
1966 - - 26.3% 50.6%
1965 - - 25.4% 53.7%
1964 - - 25.6% 56.7%
1963 - - 26% 58.8%
1962 - - 26% 60.2%
1961 - - 25.9% 62.3%
1960 - - 24.9% 61.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

GeoRank.org/economy/seychelles/united-states | CC BY

In 2025, the Seychelles' government spending was $781M, accounting for 32.7% of its GDP, while the United States spent $11.6T, or 37.7% of GDP.

Debt-to-GDP ratio is 51.5% in the Seychelles and 123.9% in the United States, ranking 102/185 and 12/185, respectively.

Government deficit by year

Deficit/surplus
Seychelles

United States
1x
Year Deficit/surplus, % of GDP
Seychelles United States
2025 -0.99% -6.82%
2024 -0.68% -7.86%
2023 -1.15% -7.89%
2022 -0.77% -3.72%
2021 -5.76% -11.5%
2020 -15.7% -14.1%
2019 0.42% -5.81%
2018 -0.8% -5.33%
2017 -1.67% -4.79%
2016 0.02% -4.36%
2015 1.39% -3.53%
2014 2.87% -4.03%
2013 0.33% -4.56%
2012 2.93% -8.11%
2011 3.36% -9.72%
2010 0.52% -11%
2009 4.84% -13.2%
2008 7.88% -6.61%
2007 -9.93% -2.91%
2006 -2.54% -2.04%
2005 0.42% -3.07%
2004 0.44% -4.24%
2003 3.4% -4.77%
2002 -16.3% -3.82%
2001 -8.93% -0.54%
2000 -14.7% 3.62%
1999 -10.3% 2.71%
1998 -16.7% 2.18%
1997 -5.91% 0.88%
1996 -9.69% -0.46%
1995 -2.58% -1.7%
1994 -6.95% -2.05%
1993 -3.62% -3.35%
1992 6.44% -3.98%
1991 3.15% -2.72%
1990 11.9% -1.64%
1989 8.26% -0.8%
1988 11.8% -1.06%
1987 2.77% -1.53%
1986 -10.1% -2.81%
1985 -4.86% -2.63%
1984 -6.09% -2.97%
1983 -3.13% -4.26%
1982 - -3.78%
1981 - -1.58%
1980 - -2.17%
1979 - -0.79%
1978 - -1.7%
1977 - -2.57%
1976 - -3.63%
1975 - -5.4%
1974 - -1.27%
1973 - -0.86%
1972 - -1.86%
1971 - -2.63%
1970 - -1.21%
1969 - 2.11%
1968 - 1.23%
1967 - 0.47%
1966 - 2.07%
1965 - 2.38%
1964 - 2.18%
1963 - 2.87%
1962 - 2.32%
1961 - 2.28%
1960 - 3.2%
1959 - -9.06%
1958 - -8.68%
1957 - -6.72%
1956 - -6.02%
1955 - -7.4%
1954 - -5.55%
1953 - -5.76%
1952 - -5.41%
1951 - -6.93%
1950 - -8.22%
1949 - -7.94%
1948 - -4.16%
1947 - -3.99%
1946 - -6.45%
1945 - -14.1%
1944 - -13.4%
1943 - -19.3%
1942 - -16.3%
1941 - -10.2%
1940 - -9.73%
1939 - -11.9%
1938 - -10.4%
1937 - -9.22%
1936 - -12.1%
1935 - -13.3%
1934 - -14.9%
1933 - -14.3%
1932 - -12.7%
1931 - -9.76%
1930 - -5.46%
1929 - -4.58%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1929–2000, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/seychelles/united-states | CC BY

In 2025, the Seychelles' government deficit, the difference between spending and revenue, was $23.5M, equivalent to 0.99% of GDP. This compares to the United States' deficit of $2.1T, or 6.82% of GDP.

Over the past 43 years, the Seychelles recorded a fiscal deficit in 24 of those years, while the United States ran a deficit in 39 years. On average, the Seychelles posted an annual deficit equal to 2.01% of GDP, compared to deficit of 4.11% of GDP for the United States.

Inflation comparison by year

Inflation
Seychelles

United States
1x
Year Consumer prices inflation
Seychelles United States
2025 0.3% -
2024 0.31% 2.95%
2023 -1.04% 4.12%
2022 2.63% 8%
2021 9.77% 4.7%
2020 1.2% 1.23%
2019 1.81% 1.81%
2018 3.7% 2.44%
2017 2.86% 2.13%
2016 -1.02% 1.26%
2015 4.04% 0.12%
2014 1.39% 1.62%
2013 4.34% 1.46%
2012 7.11% 2.07%
2011 2.56% 3.16%
2010 -2.4% 1.64%
2009 31.8% -0.36%
2008 37% 3.84%
2007 5.32% 2.85%
2006 -0.35% 3.23%
2005 0.91% 3.39%
2004 3.86% 2.68%
2003 3.3% 2.27%
2002 0.18% 1.59%
2001 5.97% 2.83%
2000 6.27% 3.38%
1999 6.35% 2.19%
1998 2.58% 1.55%
1997 0.62% 2.34%

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

GeoRank.org/economy/seychelles/united-states | CC BY

Over the past 28 years, the Seychelles has recorded an average annual inflation rate of 5.03%, compared with 2.52% in the United States. In 2024, inflation was 0.3% in the Seychelles and 2.95% in the United States.

Top exports between countries

Seychelles
Export category Export value
Chemicals & pharma $1.13M
Machinery & equipment $995K
Processed food, beverages & tobacco $349K
Animal & marine products $343K
Textiles & consumer goods $6K
Precious metals & jewellery $3K
Metals $1K
United States
Export category Export value
Machinery & equipment $14.3M
Chemicals & pharma $1.79M
Raw materials & minerals $1.38M
Miscellaneous $1.08M
Textiles & consumer goods $900K
Animal & marine products $665K
Processed food, beverages & tobacco $496K
Precious metals & jewellery $296K
Wood & paper products $284K
Metals $269K

Balance of trade

Seychelles United States
Current account balance
-$166M
2024
-$1.12T
2025
Current account balance ranking
90/190
2024
190/190
2025
Current account balance, % of GDP
-7.46%
2024
-3.63%
2025
Goods imports
$1.38B
2024
$3.44T
2025
Goods exports
$595M
2024
$2.2T
2025
Service imports
$1B
2024
$903B
2025
Service exports
$1.71B
2024
$1.23T
2025
Imports of goods and services, % of GDP
92.7%
2025
14%
2024
Exports of goods and services, % of GDP
79.6%
2025
11%
2024

Economic freedom indices

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

Seychelles United States
Economic freedom 66.5 72.8
Economic freedom ranking 60/197 27/197
Property rights 82.6 91.6
Government integrity 71.7 77.1
Judicial effectiveness 61.7 76.4
Tax burden 77.3 75.3
Government spending 68 57.9
Fiscal health 92.2 18.5
Business freedom 71.3 88.6
Labor freedom 52 76.3
Monetary freedom 79.8 84.2
Trade freedom 81.2 67.6
Investment freedom 30 80
Financial freedom 30 80

Economic freedom comparison by year

Seychelles
United States
1x
Year Economic freedom index
Seychelles United States
2026 66.5 72.8
2025 66.4 70.2
2024 60.4 70.1
2023 59.5 70.6
2022 61.1 72.1
2021 66.3 74.8
2020 64.3 76.6
2019 61.4 76.8
2018 61.6 75.7
2017 61.8 75.1
2016 62.2 75.4
2015 57.5 76.2
2014 56.2 75.5
2013 54.9 76
2012 53 76.3
2011 51.2 77.8
2010 47.9 78
2009 47.8 80.7
2008 - 81
2007 - 81.2
2006 - 81.2
2005 - 79.9
2004 - 78.7
2003 - 78.2
2002 - 78.4
2001 - 79.1
2000 - 76.4
1999 - 75.5
1998 - 75.4
1997 - 75.6
1996 - 76.7
1995 - 76.7

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

GeoRank.org/economy/seychelles/united-states | CC BY

The Economic Freedom Index for the Seychelles is 66.5, ranking 60/197, compared to 72.8 for the United States, ranking 27/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Seychelles United States
Services, % of GDP
67.9%
2025
79.7%
2024
Industry, % of GDP
14.3%
2025
17.3%
2024
Agriculture, forestry, and fishing, % of GDP
2.61%
2025
0.85%
2024
GNI, Atlas method
$2.36B
2025
$30.4T
2025
GNI per capita, PPP
$34,930
2025
$89,490
2025
Total reserves including gold
$774M
2024
$1.39T
2025
Total reserves ranking
146/177
2024
2/177
2025
Net foreign direct investment
-$268M
2024
$21.7B
2025
Net inflows of foreign direct investment
$226M
2024
$297B
2024
Net outflows of foreign direct investment
-$41.4M
2024
$322B
2024
Poverty at national poverty lines
25.3%
2018
15.1%
2020
Gross capital formation, % of GDP
18.7%
2025
21.5%
2024

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/seychelles/united-states | 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 (1929–2000, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1960–2026, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.

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.