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Economy of Switzerland vs Trinidad and Tobago compared: GDP & Debt

Updated on by Georank

Switzerland has a GDP of $1.04T compared to $25.9B for Trinidad and Tobago, ranking 20/197 and 122/197 by economy size, respectively.

Switzerland has $411B in government debt (39.4% of GDP), compared to $21.8B (84.2% of GDP) in Trinidad and Tobago.

Switzerland vs Trinidad and Tobago GDP by year

Switzerland
Trinidad and Tobago
1x
Year GDP, current $
Switzerland Trinidad
2025 $1,043,529,899,251 $25,942,749,718
2024 $969,919,786,395 $25,633,544,529
2023 $928,435,275,852 $25,036,993,423
2022 $858,479,038,994 $28,341,164,301
2021 $840,710,023,481 $24,222,963,263
2020 $756,096,180,222 $20,888,515,184
2019 $736,384,764,157 $23,477,745,792
2018 $740,766,531,454 $23,883,058,083
2017 $706,660,443,624 $23,830,750,901
2016 $698,607,778,795 $23,624,322,193
2015 $706,199,008,879 $26,841,141,793
2014 $741,168,119,617 $29,474,180,005
2013 $718,748,402,260 $28,560,537,057
2012 $697,882,536,677 $27,147,349,937
2011 $727,231,637,102 $25,433,007,437
2010 $609,999,593,542 $22,157,920,592
2009 $563,659,557,945 $19,172,165,226
2008 $574,703,945,157 $27,871,587,350
2007 $498,993,845,385 $21,641,620,050
2006 $448,364,681,767 $18,369,361,094
2005 $424,511,048,024 $15,982,389,018
2004 $409,012,909,530 $13,280,291,990
2003 $366,563,952,625 $11,305,459,802
2002 $313,930,961,761 $9,008,298,229
2001 $290,160,142,214 $8,824,849,191
2000 $282,327,351,966 $8,154,342,116
1999 $301,911,268,140 $6,808,982,521
1998 $306,907,741,068 $6,043,686,654
1997 $298,868,250,534 $5,737,771,523
1996 $345,373,647,249 $5,759,570,336
1995 $358,152,520,085 $5,329,217,747
1994 $305,916,331,798 $4,947,181,646
1993 $276,339,744,180 $4,669,491,134
1992 $284,139,428,246 $5,439,552,941
1991 $272,953,645,746 $5,307,905,882
1990 $269,768,238,555 $5,068,000,000
1989 $211,241,694,480 $4,323,058,824
1988 $218,788,504,066 $4,496,910,569
1987 $202,238,567,597 $4,797,777,778
1986 $161,487,171,049 $4,794,444,444
1985 $112,652,623,418 $7,375,918,367
1984 $111,104,641,869 $7,757,083,333
1983 $116,361,728,836 $7,763,750,000
1982 $116,776,899,473 $8,140,416,667
1981 $113,936,168,924 $6,992,083,333
1980 $124,404,609,417 $6,235,833,333
1979 $116,702,524,208 $4,602,416,625
1978 $103,821,687,919 $3,562,333,458
1977 $74,237,819,014 $3,138,666,667
1976 $69,508,364,538 $2,500,424,955
1975 $66,452,559,176 $2,442,669,825
1974 $57,963,469,607 $2,042,001,071
1973 $50,296,651,921 $1,308,785,431
1972 $37,399,508,287 $1,083,391,758
1971 $30,492,832,676 $896,765,215
1970 $25,374,750,743 $821,850,000
1969 $22,780,211,812 $779,200,000
1968 $21,024,203,656 $758,899,950
1967 $19,689,329,510 $761,981,912
1966 $18,290,928,227 $723,739,857
1965 $17,033,079,428 $736,573,159
1964 $16,071,715,835 $711,897,520
1963 $14,499,109,270 $678,239,329
1962 $13,185,384,691 $619,322,810
1961 $11,889,851,950 $584,964,621
1960 $10,569,129,806 $535,673,252

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

GeoRank.org/economy/switzerland/trinidad-and-tobago | CC BY

GDP per capita in Switzerland vs Trinidad and Tobago by year

Switzerland
GDP per capita

GDP per capita, PPP
Trinidad and Tobago
GDP per capita

GDP per capita, PPP
1x
Year Current $
Switzerland Trinidad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $114,769 - $18,967 -
2024 $107,702 $96,498 $18,733 $36,329
2023 $104,450 $95,142 $18,308 $34,623
2022 $97,809 $94,421 $20,751 $32,979
2021 $96,583 $81,001 $17,713 $30,482
2020 $87,530 $72,998 $15,284 $26,731
2019 $85,873 $73,732 $17,213 $29,316
2018 $87,002 $70,689 $17,571 $28,673
2017 $83,610 $68,194 $17,566 $28,484
2016 $83,432 $67,351 $17,449 $28,232
2015 $85,265 $65,265 $19,887 $29,825
2014 $90,512 $63,417 $21,908 $32,027
2013 $88,851 $61,656 $21,305 $31,746
2012 $87,270 $59,441 $20,332 $31,883
2011 $91,910 $57,494 $19,151 $31,078
2010 $77,956 $54,426 $16,815 $30,778
2009 $72,788 $52,999 $14,634 $29,602
2008 $75,148 $53,809 $21,299 $30,807
2007 $66,082 $50,928 $16,607 $29,355
2006 $59,910 $46,266 $14,153 $27,393
2005 $57,080 $41,525 $12,346 $23,536
2004 $55,350 $40,171 $9,871 $20,674
2003 $49,947 $38,732 $8,445 $18,743
2002 $43,094 $38,705 $6,763 $16,141
2001 $40,134 $37,819 $6,657 $14,797
2000 $39,298 $36,703 $6,179 $13,953
1999 $42,261 $34,743 $5,179 $12,812
1998 $43,166 $33,860 $4,613 $11,735
1997 $42,160 $32,736 $4,394 $10,769
1996 $48,838 $31,509 $4,427 $9,883
1995 $50,869 $30,842 $4,115 $9,099
1994 $43,741 $30,265 $3,840 $8,631
1993 $39,828 $29,495 $3,647 $8,209
1992 $41,327 $29,113 $4,277 $8,129
1991 $40,140 $28,792 $4,205 $7,274
1990 $40,171 $28,461 $4,047 $6,878
1989 $31,780 - $3,482 -
1988 $33,183 - $3,656 -
1987 $30,899 - $3,941 -
1986 $24,828 - $3,985 -
1985 $17,411 - $6,212 -
1984 $17,247 - $6,613 -
1983 $18,128 - $6,690 -
1982 $18,271 - $7,091 -
1981 $17,931 - $6,160 -
1980 $19,686 - $5,559 -
1979 $18,541 - $4,155 -
1978 $16,528 - $3,258 -
1977 $11,819 - $2,907 -
1976 $11,029 - $2,345 -
1975 $10,484 - $2,319 -
1974 $9,140 - $1,962 -
1973 $7,974 - $1,273 -
1972 $5,973 - $1,067 -
1971 $4,908 - $894 -
1970 $4,105 - $829 -
1969 $3,712 - $795 -
1968 $3,465 - $783 -
1967 $3,286 - $797 -
1966 $3,091 - $768 -
1965 $2,908 - $793 -
1964 $2,776 - $780 -
1963 $2,546 - $756 -
1962 $2,366 - $704 -
1961 $2,188 - $678 -
1960 $1,984 - $634 -

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

GeoRank.org/economy/switzerland/trinidad-and-tobago | CC BY

Switzerland's GDP per capita is $114,769, ranking 5/197, compared to $18,967 in Trinidad and Tobago, ranking 65/197. Adjusted for purchasing power (GDP per capita PPP), Switzerland ranks 8th at $96,498, while Trinidad and Tobago ranks 62nd at $36,329.

Economic indicators

Switzerland Trinidad
Gross domestic product
$1.04T
2025
$25.9B
2025
GDP rank
20/197
2025
122/197
2025
GDP growth
1.3%
2024-2025
-0.79%
2024-2025
GDP per capita
$114,769
2025
$18,967
2025
GDP per capita rank
5/197
2025
65/197
2025
GDP per capita, PPP
$96,498
2024
$36,329
2024
GDP per capita PPP rank
8/197
2024
62/197
2024
Government debt
$411B
2025
$21.8B
2025
Debt-to-GDP ratio
39.4%
2025
84.2%
2025
Government debt per person
$45,239
2025
$15,965
2025
Government debt per person rank
12/185
2025
43/185
2025
Average annual personal income after taxes
$89,347
2026
$10,176
2026
Market capitalization of domestic companies
$2.51T
2025
$3.89B
2001
Number of millionaires
944,000
2026
n/a
Number of billionaires
45
2026
n/a
Income share by richest 10%
26.6%
2022
29.9%
1992
Income share by poorest 10%
2.9%
2022
2.1%
1992
Government expenditure, % of GDP
31.2%
2025
32.4%
2025
Consumer prices inflation
0.15%
2024-2025
0.99%
2024-2025
Central bank interest rate
0%
2025
3.5%
2020
Unemployment rate
4.84%
2025
4.01%
2024
Population
9155878
1370916

Spending and national debt comparison by year

Switzerland
Spending

Debt
Trinidad and Tobago
Spending

Debt
1x
Year % of GDP
Switzerland Trinidad
Government spending Government debt Government spending Government debt
2025 31.2% 39.4% 32.4% 84.2%
2024 31.3% 40.5% 32.2% 81.8%
2023 30.9% 37.3% 32.4% 78.2%
2022 30.5% 35.9% 28.3% 69.9%
2021 33.4% 39.7% 31.4% 80.2%
2020 36.3% 42.4% 35.1% 81.6%
2019 31.3% 38.8% 31% 62.9%
2018 31.1% 39% 30.2% 58.1%
2017 31.9% 41.1% 30.9% 57.2%
2016 31.9% 40.3% 31.2% 53.3%
2015 31.9% 41.4% 34.1% 43.2%
2014 31.5% 41.2% 33% 37.1%
2013 32% 41.2% 31.7% 32.9%
2012 31.1% 41.9% 29.9% 32.9%
2011 31% 41.2% 30.4% 39.2%
2010 30.9% 40.7% 31.5% 28.9%
2009 31.2% 42.4% 33.4% 34.2%
2008 29.6% 44.2% 28.2% 24.6%
2007 29% 44% 26.8% 29.4%
2006 30.1% 47.7% 34.6% 32.7%
2005 31.9% 54.1% 29.5% 36.6%
2004 32.6% 57.1% 23.3% 43.3%
2003 32.8% 56.2% 23.5% 52.4%
2002 33.6% 56.9% 24.6% 58.2%
2001 31.2% 50.5% 25.2% 54.2%
2000 31.9% 51.7% 24.1% 52.3%
1999 32.8% 52% 24.8% 55.2%
1998 32.3% 55.3% 27.3% 47.4%
1997 32.5% 52.9% 27.4% 51.3%
1996 32.5% 50.6% 28.2% 51.9%
1995 32% 49.3% 26.7% 57.3%
1994 32% 46.4% 26.5% 64.8%
1993 31.9% 43.7% 27.3% 59.6%
1992 30.8% 38.9% 28.8% 49.5%
1991 29% 34.6% 30% 50%
1990 27.2% 32.8% 27.9% 49.5%
1989 30% 32.5% 30.9% 51.9%
1988 30.3% 35% 45.3% 65.3%
1987 29.8% 36.5% - -
1986 29.8% 37.6% - -
1985 30.1% 39.1% - -
1984 30.4% 39.8% - -
1983 31.2% 40.2% - -
1982 30.5% 40% - -
1981 29.4% 40.8% - -
1980 29.9% 43.9% - -
1979 30.5% 44.6% - -
1978 30.4% 46.6% - -
1977 31% 46.9% - -
1976 31.6% 46.7% - -
1975 29.3% 42.3% - -
1974 27.5% 38.4% - -
1973 26.5% 37% - -
1972 25.7% 38% - -
1971 25.4% 38.7% - -
1970 25.8% 38.9% - -
1969 9.45% 7.08% - -
1968 8.87% 6.99% - -
1967 8.68% 7.26% - -
1966 8.95% 7.62% - -
1965 8.33% 8.28% - -
1964 8.85% 9.43% - -
1963 8.2% 10.8% - -
1962 8.1% 12% - -
1961 7.97% 14% - -
1960 7.11% 16.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/switzerland/trinidad-and-tobago | CC BY

In 2025, Switzerland's government spending was $326B, accounting for 31.2% of its GDP, while Trinidad and Tobago spent $8.39B, or 32.4% of GDP.

Debt-to-GDP ratio is 39.4% in Switzerland and 84.2% in Trinidad and Tobago, ranking 136/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Switzerland

Trinidad and Tobago
1x
Year Deficit/surplus, % of GDP
Switzerland Trinidad
2025 0.45% -5.46%
2024 0.53% -5.92%
2023 0.12% -1.2%
2022 1.15% 0.96%
2021 -0.28% -8.39%
2020 -2.96% -11.8%
2019 1.31% -3.72%
2018 1.26% -5.89%
2017 1.11% -10.5%
2016 0.23% -9.84%
2015 0.54% -7.37%
2014 -0.24% -4.34%
2013 -0.42% -2.7%
2012 0.23% -1.28%
2011 0.67% -0.69%
2010 0.35% 0.14%
2009 0.49% -4.88%
2008 1.91% 5.7%
2007 1.55% 3.24%
2006 0.83% -0.3%
2005 -0.64% 0.84%
2004 -1.37% 1.91%
2003 -1.34% 1.9%
2002 -1.72% -0.2%
2001 0.2% 0.62%
2000 0.28% 0.18%
1999 -1.55% -0.9%
1998 -1.29% -1.83%
1997 -2.3% 0.11%
1996 -1.98% -0.46%
1995 -1.83% 0.17%
1994 -2.55% -0.02%
1993 -3.1% 0.24%
1992 -2.92% -2.76%
1991 -1.82% -0.21%
1990 -0.05% -1.32%
1989 0.2% -4.46%
1988 0.42% -9.34%
1987 0.78% -
1986 0.93% -
1985 -0.25% -
1984 -0.52% -
1983 -1.23% -
1982 -1.21% -
1981 -0.54% -
1980 -1.34% -
1979 -1.79% -
1978 -1.12% -
1977 -1.64% -
1976 -1.89% -
1975 -0.93% -
1974 -1.01% -
1973 -0.93% -
1972 -1.39% -
1971 -1.41% -
1970 -1.44% -
1969 -0.98% -
1968 -0.73% -
1967 -1.07% -
1966 -0.87% -
1965 0.05% -
1964 0.77% -
1963 0.25% -
1962 0.95% -
1961 0.34% -
1960 1.95% -
1959 0.72% -
1958 0.59% -
1957 0.66% -
1956 2.24% -
1955 1.1% -
1954 1.44% -
1953 0.38% -
1952 -1.17% -
1951 -0.36% -
1950 1.49% -
1949 0.04% -
1948 1.37% -
1947 1.27% -
1946 0.52% -
1945 -7.57% -
1944 -9.37% -
1943 -8.55% -
1942 -7.28% -
1941 -8.78% -
1940 -10% -
1939 -5.05% -
1938 -1.53% -
1937 -0.17% -
1936 -0.33% -
1935 -0.23% -
1934 -0.33% -
1933 -0.88% -
1932 -0.3% -
1931 0.03% -
1930 0.07% -
1929 0.22% -
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -0.12% -
1912 0.03% -
1911 -0.006% -
1910 -0.14% -
1909 -0.78% -
1908 -0.1% -
1907 -0.02% -
1906 0.15% -
1905 0.41% -
1904 0.002% -
1903 0.09% -
1902 0.02% -
1901 -0.14% -
1900 -0.07% -
1899 0.1% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/switzerland/trinidad-and-tobago | CC BY

In 2025, Switzerland's government surplus, the difference between spending and revenue, was $4.71B, equivalent to 0.45% of GDP. This compares to Trinidad and Tobago's deficit of $1.42B, or 5.46% of GDP.

Over the past 38 years, Switzerland recorded a fiscal deficit in 18 of those years, while Trinidad and Tobago ran a deficit in 26 years. On average, Switzerland posted an annual deficit equal to 0.38% of GDP, compared to deficit of 2.36% of GDP for Trinidad and Tobago.

Inflation comparison by year

Inflation
Switzerland

Trinidad and Tobago
1x
Year Consumer prices inflation
Switzerland Trinidad
2025 0.15% 0.99%
2024 1.06% 0.53%
2023 2.14% 4.63%
2022 2.84% 5.83%
2021 0.58% 2.06%
2020 -0.73% 0.6%
2019 0.36% 1%
2018 0.94% 1.02%
2017 0.53% 1.88%
2016 -0.43% 3.07%
2015 -1.14% 4.66%
2014 -0.01% 5.68%
2013 -0.22% 5.2%
2012 -0.69% 9.26%
2011 0.23% 5.11%
2010 0.69% 10.5%
2009 -0.48% 6.98%
2008 2.43% 12%
2007 0.73% 7.89%
2006 1.06% 8.33%
2005 1.17% 6.87%
2004 0.8% 3.72%
2003 0.64% 3.81%
2002 0.64% 4.15%
2001 0.99% 5.54%
2000 1.56% 3.56%
1999 0.81% 3.44%
1998 0.02% 5.61%
1997 0.52% 3.63%

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

GeoRank.org/economy/switzerland/trinidad-and-tobago | CC BY

Over the past 29 years, Switzerland has recorded an average annual inflation rate of 0.59%, compared with 4.75% in Trinidad and Tobago. In 2025, inflation was 0.15% in Switzerland and 0.99% in Trinidad and Tobago.

Top exports between countries

Switzerland
Export category Export value
Chemicals & pharma $3.55M
Machinery & equipment $2.22M
Processed food, beverages & tobacco $191K
Metals $160K
Textiles & consumer goods $143K
Precious metals & jewellery $104K
Raw materials & minerals $80K
Wood & paper products $23K
Miscellaneous $7K
Weapons & explosives $3K
Trinidad
Export category Export value
Raw materials & minerals $97.9M
Chemicals & pharma $5.18M
Processed food, beverages & tobacco $310K
Miscellaneous $29K
Machinery & equipment $15K
Wood & paper products $15K
Metals $12K
Textiles & consumer goods $2K
Raw agricultural goods $1K

Balance of trade

Switzerland Trinidad
Current account balance
$72.9B
2025
$1.25B
2025
Current account balance ranking
11/190
2025
48/190
2025
Current account balance, % of GDP
+6.98%
2025
+4.81%
2025
Goods imports
$508B
2025
$6.83B
2025
Goods exports
$617B
2025
$10.2B
2025
Service imports
$214B
2025
$2.8B
2025
Service exports
$195B
2025
$1.27B
2025
Imports of goods and services, % of GDP
69.1%
2025
n/a
Exports of goods and services, % of GDP
78.1%
2025
45%
2026

Economic freedom indices

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

Switzerland Trinidad
Economic freedom 83.7 62.4
Economic freedom ranking 2/197 87/197
Property rights 94.4 47.3
Government integrity 93.3 45.5
Judicial effectiveness 98.3 58.8
Tax burden 70.9 76.1
Government spending 69.5 71.1
Fiscal health 97.2 86.3
Business freedom 86.3 67.1
Labor freedom 60 57.2
Monetary freedom 82.3 81
Trade freedom 87 68.8
Investment freedom 85 50
Financial freedom 80 40

Economic freedom comparison by year

Switzerland
Trinidad and Tobago
1x
Year Economic freedom index
Switzerland Trinidad
2026 83.7 62.4
2025 83.7 63.6
2024 83 60.4
2023 83.8 59.5
2022 84.2 58.8
2021 81.9 59
2020 82 58.3
2019 81.9 57
2018 81.7 57.7
2017 81.5 61.2
2016 81 62.9
2015 80.5 64.1
2014 81.6 62.7
2013 81 62.3
2012 81.1 64.4
2011 81.9 66.5
2010 81.1 65.7
2009 79.4 68
2008 79.5 69.5
2007 78 70.6
2006 78.9 70.4
2005 79.3 71.5
2004 79.5 71.3
2003 79 68.8
2002 79.3 70.1
2001 76 71.8
2000 76.8 74.5
1999 79.1 72.4
1998 79 72
1997 78.6 71.3
1996 76.8 69.2

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/switzerland/trinidad-and-tobago | CC BY

The Economic Freedom Index for Switzerland is 83.7, ranking 2/197, compared to 62.4 for Trinidad and Tobago, ranking 87/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Switzerland Trinidad
Services, % of GDP
71.7%
2025
59.2%
2024
Industry, % of GDP
25%
2025
34.6%
2024
Agriculture, forestry, and fishing, % of GDP
0.64%
2025
0.78%
2024
GNI, Atlas method
$1T
2025
$25.4B
2025
GNI per capita, PPP
$101,690
2025
$36,080
2025
Total reserves including gold
$1.08T
2025
$5.6B
2024
Total reserves ranking
4/177
2025
99/177
2024
Net foreign direct investment
$37.6B
2025
$404M
2025
Net inflows of foreign direct investment
-$108B
2024
-$453M
2024
Net outflows of foreign direct investment
-$27.9B
2024
$527M
2024
Poverty at national poverty lines
15.8%
2021
20%
2020
Gross capital formation, % of GDP
29.5%
2025
19%
2023

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/switzerland/trinidad-and-tobago | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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.