Gross fixed capital formation, Private sector, Constant prices in Guinea
Guinea: Gross fixed capital formation, Private sector, Constant prices was 7.13 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Guinea, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Guinea stood at 7.13.
That represents a change of down 17.3% on the previous year and up 45.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Guinea peaked at 24.24 in 2016 and was at its lowest, 1.61, in 1961.
Guinea ranks 154th of 173 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.67 | — |
| 1961 | 1.61 | -3.9% |
| 1962 | 1.65 | +2.6% |
| 1963 | 1.7 | +2.9% |
| 1964 | 1.91 | +12.3% |
| 1965 | 1.9 | -0.5% |
| 1966 | 1.93 | +1.5% |
| 1967 | 2.05 | +6.2% |
| 1968 | 2.12 | +3.3% |
| 1969 | 2.25 | +6.2% |
| 1970 | 2.56 | +14.1% |
| 1971 | 2.56 | +0.0% |
| 1972 | 2.56 | +0.0% |
| 1973 | 2.57 | +0.1% |
| 1974 | 2.56 | -0.1% |
| 1975 | 2.56 | -0.2% |
| 1976 | 2.56 | +0.3% |
| 1977 | 2.57 | +0.2% |
| 1978 | 2.58 | +0.2% |
| 1979 | 2.55 | -1.0% |
| 1980 | 2.53 | -0.8% |
| 1981 | 2.6 | +2.8% |
| 1982 | 2.6 | +0.0% |
| 1983 | 2.6 | +0.0% |
| 1984 | 2.42 | -6.9% |
| 1985 | 2.42 | +0.0% |
| 1986 | 2.89 | +19.5% |
| 1987 | 3 | +3.8% |
| 1988 | 3.07 | +2.3% |
| 1989 | 3.07 | -0.0% |
| 1990 | 4.5 | +46.6% |
| 1991 | 3.49 | -22.5% |
| 1992 | 3.49 | +0.0% |
| 1993 | 3.49 | +0.0% |
| 1994 | 3.49 | +0.0% |
| 1995 | 3.49 | +0.0% |
| 1996 | 3.49 | -0.0% |
| 1997 | 3.49 | +0.0% |
| 1998 | 3.49 | -0.0% |
| 1999 | 3.49 | +0.0% |
| 2000 | 3.62 | +3.9% |
| 2001 | 3 | -17.3% |
| 2002 | 3.86 | +28.8% |
| 2003 | 4.83 | +25.1% |
| 2004 | 5.71 | +18.1% |
| 2005 | 7.12 | +24.9% |
| 2006 | 7.69 | +8.0% |
| 2007 | 10.16 | +32.0% |
| 2008 | 10.15 | -0.1% |
| 2009 | 4.89 | -51.9% |
| 2010 | 2.39 | -51.1% |
| 2011 | 8.09 | +238.7% |
| 2012 | 7.72 | -4.6% |
| 2013 | 6.72 | -13.0% |
| 2014 | 2.43 | -63.8% |
| 2015 | 1.97 | -19.1% |
| 2016 | 24.24 | +1131.9% |
| 2017 | 7.49 | -69.1% |
| 2018 | 8.62 | +15.1% |
| 2019 | 7.13 | -17.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.88 | 1.61 | 2.25 | 10 |
| 1970s | 2.56 | 2.55 | 2.58 | 10 |
| 1980s | 2.72 | 2.42 | 3.07 | 10 |
| 1990s | 3.59 | 3.49 | 4.5 | 10 |
| 2000s | 6.1 | 3 | 10.16 | 10 |
| 2010s | 7.68 | 1.97 | 24.24 | 10 |
Countries ranked near Guinea
More economy & growth data for Guinea
- 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)
- Exports of goods and services (current LCU), annual growth rate 14.15 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 3,577 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 6.72 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 8.2 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3749 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 703.84 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 30.07 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.3807 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Guinea?
- Gross fixed capital formation, private sector, constant prices in Guinea was 7.13 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Guinea?
- The highest recorded value was 24.24 in 2016.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Guinea?
- The lowest recorded value was 1.61 in 1961.
- How does Guinea rank for gross fixed capital formation, private sector, constant prices?
- Guinea ranks 154th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Guinea?
- Over the last ten years it is up 45.8%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.