Gross fixed capital formation, Private sector, Current … Domestic in Guinea
Guinea: Gross fixed capital formation, Private sector, Current … Domestic was 15,077 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Guinea, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, current prices in Guinea is 15,077, measured in 2019.
The figure is down 4.5% on the previous year and up 359.6% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Guinea peaked at 34,190 in 2016 and was at its lowest, 4.85, in 1970.
That places Guinea 22nd out of 174 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current … Domestic in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 4.85 | — |
| 1971 | 5.4 | +11.3% |
| 1972 | 5.84 | +8.0% |
| 1973 | 6.52 | +11.7% |
| 1974 | 7.14 | +9.4% |
| 1975 | 7.7 | +7.9% |
| 1976 | 8.84 | +14.7% |
| 1977 | 8.94 | +1.2% |
| 1978 | 9.76 | +9.2% |
| 1979 | 10.26 | +5.2% |
| 1980 | 11.34 | +10.5% |
| 1981 | 12.4 | +9.3% |
| 1982 | 16.36 | +32.0% |
| 1983 | 21.44 | +31.0% |
| 1984 | 25.34 | +18.2% |
| 1985 | 31.66 | +25.0% |
| 1986 | 66.19 | +109.0% |
| 1987 | 90.36 | +36.5% |
| 1988 | 119.57 | +32.3% |
| 1989 | 152.07 | +27.2% |
| 1990 | 272.69 | +79.3% |
| 1991 | 290.54 | +6.5% |
| 1992 | 370.5 | +27.5% |
| 1993 | 395.35 | +6.7% |
| 1994 | 397.01 | +0.4% |
| 1995 | 380.8 | -4.1% |
| 1996 | 439.02 | +15.3% |
| 1997 | 446.03 | +1.6% |
| 1998 | 648.61 | +45.4% |
| 1999 | 564.18 | -13.0% |
| 2000 | 826.71 | +46.5% |
| 2001 | 561.37 | -32.1% |
| 2002 | 729.35 | +29.9% |
| 2003 | 1,369 | +87.7% |
| 2004 | 1,675 | +22.3% |
| 2005 | 2,649 | +58.2% |
| 2006 | 3,656 | +38.0% |
| 2007 | 5,971 | +63.3% |
| 2008 | 6,788 | +13.7% |
| 2009 | 3,281 | -51.7% |
| 2010 | 1,778 | -45.8% |
| 2011 | 6,928 | +289.8% |
| 2012 | 7,940 | +14.6% |
| 2013 | 7,209 | -9.2% |
| 2014 | 2,660 | -63.1% |
| 2015 | 2,317 | -12.9% |
| 2016 | 34,190 | +1375.5% |
| 2017 | 12,576 | -63.2% |
| 2018 | 15,790 | +25.6% |
| 2019 | 15,077 | -4.5% |
Guinea compared with similar countries
- Guinea's 15,077 is above the median for lower middle income countries, which is 506.27, 29.8× the median. (41 countries reporting)
- Guinea's 15,077 is above the median for Sub-Saharan Africa, which is 506.27, 29.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current … Domestic 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 |
|---|---|---|---|
| 2016 | +1375.5% | 2,317 | 34,190 |
| 2011 | +289.8% | 1,778 | 6,928 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.52 | 4.85 | 10.26 | 10 |
| 1980s | 54.67 | 11.34 | 152.07 | 10 |
| 1990s | 420.47 | 272.69 | 648.61 | 10 |
| 2000s | 2,751 | 561.37 | 6,788 | 10 |
| 2010s | 10,647 | 1,778 | 34,190 | 10 |
Countries ranked near Guinea
- 19 Uganda 20,311 compare
- 20 Russian Federation 20,035 compare
- 21 Congo, Democratic Republic of the 16,156 compare
- 23 Kazakhstan, Republic of 14,190 compare
- 24 Lebanon 13,574 compare
- 25 Hungary 10,059 compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Guinea?
- Gross fixed capital formation, private sector, current prices in Guinea was 15,077 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Guinea?
- The highest recorded value was 34,190 in 2016.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Guinea?
- The lowest recorded value was 4.85 in 1970.
- How does Guinea rank for gross fixed capital formation, private sector, current prices?
- Guinea ranks 22nd out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Guinea?
- Over the last ten years it is up 359.6%. 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, Current prices, Domestic currency. 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.