Annual growth of the gross capital formation in Guinea-Bissau
Guinea-Bissau: Annual growth of the gross capital formation was 30.6% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Guinea-Bissau, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the gross capital formation in Guinea-Bissau stood at 30.6%.
That represents a change of up 85.1% on the previous year and up 415.0% over ten years.
Over the whole period, annual growth of the gross capital formation in Guinea-Bissau peaked at 67.0% in 2000 and was at its lowest, -56.0%, in 2018.
That places Guinea-Bissau 9th out of 174 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 67.0% | — |
| 2001 | -4.1% | -106.2% |
| 2002 | 25.2% | -707.8% |
| 2003 | 15.6% | -38.0% |
| 2004 | -28.2% | -280.9% |
| 2005 | -4.5% | -84.2% |
| 2006 | 14.3% | -420.8% |
| 2007 | 24.5% | +71.7% |
| 2008 | -11.7% | -147.8% |
| 2009 | 3.8% | -132.0% |
| 2010 | 14.8% | +295.5% |
| 2011 | -7.9% | -153.5% |
| 2012 | 20.0% | -351.7% |
| 2013 | -0.3% | -101.7% |
| 2014 | 5.9% | -1829.2% |
| 2015 | -15.3% | -356.9% |
| 2016 | 20.8% | -236.6% |
| 2017 | 3.9% | -81.5% |
| 2018 | -56.0% | -1553.8% |
| 2019 | 57.5% | -202.6% |
| 2020 | 35.9% | -37.5% |
| 2021 | -5.9% | -116.5% |
| 2022 | 21.9% | -469.9% |
| 2023 | 16.5% | -24.4% |
| 2024 | 30.6% | +85.1% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 30.6% is above the median for low income countries, which is 11.3%, 2.7× the median. (19 countries reporting)
- Guinea-Bissau's 30.6% is above the median for Sub-Saharan Africa, which is 6.1%, 5.0× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation in Guinea-Bissau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +1829.2% | -0.3% | 5.9% |
| 2018 | -1553.8% | 3.9% | -56.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.2% | -28.2% | 67.0% | 10 |
| 2010s | 4.3% | -56.0% | 57.5% | 10 |
| 2020s | 19.8% | -5.9% | 35.9% | 5 |
Countries ranked near Guinea-Bissau
- 6 Kiribati 37.3% compare
- 7 Timor-Leste 32.2% compare
- 7 Timor-Leste 32.2% compare
- 10 Nicaragua 28.7% compare
- 11 Sierra Leone 25.2% compare
- 12 Niger 23.4% compare
More economy & growth data for Guinea-Bissau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 389,069 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1767 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.65 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0121 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 12.11 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Guinea-Bissau?
- Annual growth of the gross capital formation in Guinea-Bissau was 30.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Guinea-Bissau?
- The highest recorded value was 67.0% in 2000.
- What is the lowest annual growth of the gross capital formation recorded in Guinea-Bissau?
- The lowest recorded value was -56.0% in 2018.
- How does Guinea-Bissau rank for annual growth of the gross capital formation?
- Guinea-Bissau ranks 9th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Guinea-Bissau?
- Over the last ten years it is up 415.0%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).