Annual growth of the gross capital formation (%) in Guinea
Guinea: Annual growth of the gross capital formation (%) was 49.4% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Guinea, 2007–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Guinea stood at 49.4%.
The figure is down 28.3% on the previous year and up 1,242.7% over ten years.
Over the whole period, annual growth of the gross capital formation in Guinea peaked at 134.7% in 2016 and was at its lowest, -55.8%, in 2017.
That places Guinea 3rd out of 175 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, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 1.3% | — |
| 2008 | 22.0% | +1542.4% |
| 2009 | -19.4% | -188.2% |
| 2010 | 8.3% | -143.1% |
| 2011 | 29.3% | +251.1% |
| 2012 | 16.4% | -44.0% |
| 2013 | -8.6% | -152.4% |
| 2014 | 3.7% | -142.8% |
| 2015 | 9.7% | +163.3% |
| 2016 | 134.7% | +1289.7% |
| 2017 | -55.8% | -141.4% |
| 2018 | 7.0% | -112.6% |
| 2019 | 4.4% | -37.6% |
| 2020 | 51.0% | +1061.1% |
| 2021 | -32.9% | -164.5% |
| 2022 | -10.3% | -68.8% |
| 2023 | 69.0% | -771.2% |
| 2024 | 49.4% | -28.3% |
Guinea compared with similar countries
- Guinea's 49.4% is above the median for lower middle income countries, which is 2.8%, 17.4× the median. (38 countries reporting)
- Guinea's 49.4% is above the median for Sub-Saharan Africa, which is 6.1%, 8.1× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Guinea 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 |
|---|---|---|---|
| 2008 | +1542.4% | 1.3% | 22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -19.4% | 22.0% | 3 |
| 2010s | 14.9% | -55.8% | 134.7% | 10 |
| 2020s | 25.2% | -32.9% | 69.0% | 5 |
Countries ranked near Guinea
More economy & growth data for Guinea
- Real gdp growth, annual growth rate -2.71 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.64 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 470.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.9019 units per person (2025)
- SDRs holdings, SDR, annual growth rate 442.86 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.6586 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Guinea?
- Annual growth of the gross capital formation in Guinea was 49.4% 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?
- The highest recorded value was 134.7% in 2016.
- What is the lowest annual growth of the gross capital formation recorded in Guinea?
- The lowest recorded value was -55.8% in 2017.
- How does Guinea rank for annual growth of the gross capital formation?
- Guinea ranks 3rd out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Guinea?
- Over the last ten years it is up 1,242.7%. The long-run trend across the full record is volatile.
- Where does this Guinea 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.
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