Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Guinea-Bissau
Guinea-Bissau: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 57,155 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Guinea-Bissau, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Guinea-Bissau is 57,155 million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.3% on the previous year and up 78.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Guinea-Bissau peaked at 57,155 million SLC in 2024 and was at its lowest, 12,625 million SLC, in 1998.
Guinea-Bissau ranks 109th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Guinea-Bissau, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 44,531 million SLC | — |
| 1971 | 40,514 million SLC | -9.0% |
| 1972 | 35,019 million SLC | -13.6% |
| 1973 | 32,510 million SLC | -7.2% |
| 1974 | 27,362 million SLC | -15.8% |
| 1975 | 27,020 million SLC | -1.2% |
| 1976 | 29,942 million SLC | +10.8% |
| 1977 | 33,816 million SLC | +12.9% |
| 1978 | 41,957 million SLC | +24.1% |
| 1979 | 40,559 million SLC | -3.3% |
| 1980 | 43,992 million SLC | +8.5% |
| 1981 | 27,587 million SLC | -37.3% |
| 1982 | 31,424 million SLC | +13.9% |
| 1983 | 25,746 million SLC | -18.1% |
| 1984 | 37,349 million SLC | +45.1% |
| 1985 | 29,950 million SLC | -19.8% |
| 1986 | 26,063 million SLC | -13.0% |
| 1987 | 31,142 million SLC | +19.5% |
| 1988 | 42,576 million SLC | +36.7% |
| 1989 | 39,718 million SLC | -6.7% |
| 1990 | 39,121 million SLC | -1.5% |
| 1991 | 39,638 million SLC | +1.3% |
| 1992 | 53,234 million SLC | +34.3% |
| 1993 | 37,587 million SLC | -29.4% |
| 1994 | 36,477 million SLC | -3.0% |
| 1995 | 30,302 million SLC | -16.9% |
| 1996 | 27,601 million SLC | -8.9% |
| 1997 | 38,206 million SLC | +38.4% |
| 1998 | 12,625 million SLC | -67.0% |
| 1999 | 13,222 million SLC | +4.7% |
| 2000 | 22,890 million SLC | +73.1% |
| 2001 | 21,136 million SLC | -7.7% |
| 2002 | 25,840 million SLC | +22.3% |
| 2003 | 30,437 million SLC | +17.8% |
| 2004 | 22,167 million SLC | -27.2% |
| 2005 | 20,824 million SLC | -6.1% |
| 2006 | 24,328 million SLC | +16.8% |
| 2007 | 29,644 million SLC | +21.9% |
| 2008 | 26,525 million SLC | -10.5% |
| 2009 | 27,024 million SLC | +1.9% |
| 2010 | 30,542 million SLC | +13.0% |
| 2011 | 29,767 million SLC | -2.5% |
| 2012 | 35,562 million SLC | +19.5% |
| 2013 | 31,381 million SLC | -11.8% |
| 2014 | 32,043 million SLC | +2.1% |
| 2015 | 34,162 million SLC | +6.6% |
| 2016 | 32,994 million SLC | -3.4% |
| 2017 | 45,572 million SLC | +38.1% |
| 2018 | 49,387 million SLC | +8.4% |
| 2019 | 41,025 million SLC | -16.9% |
| 2020 | 48,786 million SLC | +18.9% |
| 2021 | 53,586 million SLC | +9.8% |
| 2022 | 47,532 million SLC | -11.3% |
| 2023 | 52,288 million SLC | +10.0% |
| 2024 | 57,155 million SLC | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35,323 million SLC | 27,020 million SLC | 44,531 million SLC | 10 |
| 1980s | 33,555 million SLC | 25,746 million SLC | 43,992 million SLC | 10 |
| 1990s | 32,801 million SLC | 12,625 million SLC | 53,234 million SLC | 10 |
| 2000s | 25,081 million SLC | 20,824 million SLC | 30,437 million SLC | 10 |
| 2010s | 36,244 million SLC | 29,767 million SLC | 49,387 million SLC | 10 |
| 2020s | 51,869 million SLC | 47,532 million SLC | 57,155 million SLC | 5 |
Countries ranked near Guinea-Bissau
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)
- Industry (including construction), value added (constant 2015 US$) 6.56 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1163 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 130.69 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 6.56 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 68.76 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 77,266 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 16.39 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.3907 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Guinea-Bissau?
- Gross fixed capital formation — value standard local currency, 2015 in Guinea-Bissau was 57,155 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Guinea-Bissau?
- The highest recorded value was 57,155 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Guinea-Bissau?
- The lowest recorded value was 12,625 million SLC in 1998.
- How does Guinea-Bissau rank for gross fixed capital formation — value standard local currency, 2015?
- Guinea-Bissau ranks 109th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Guinea-Bissau?
- Over the last ten years it is up 78.4%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).