Guinea-Bissau vs Romania: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Guinea-Bissau
- Romania
How they compare
Romania currently reports 341.66 billion current LCU against 247.98 billion current LCU in Guinea-Bissau, a difference of 93.67 billion current LCU.
That makes Romania's figure about 1.4 times Guinea-Bissau's.
Across all 8 years both countries report, Romania has been ahead every year.
Guinea-Bissau ranks 50th and Romania ranks 48th of 105 countries.
Romania has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Romania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 128.20 billion current LCU | 187.11 billion current LCU | 58.91 billion current LCU | Romania |
| 2020s | 191.03 billion current LCU | 281.84 billion current LCU | 90.81 billion current LCU | Romania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, Guinea-Bissau or Romania?
- Romania, at 341.66 billion current LCU against 247.98 billion current LCU in Guinea-Bissau as of 2024.
- What is the difference in gross fixed capital formation, private sector between Guinea-Bissau and Romania?
- 93.67 billion current LCU, with Romania ahead.
- How many years of comparable data are there for Guinea-Bissau and Romania?
- 8 years are reported by both, from 2017 to 2024.
- How do Guinea-Bissau and Romania rank globally for gross fixed capital formation, private sector?
- Guinea-Bissau ranks 50th and Romania ranks 48th of 105 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation, private sector (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.