Gross Fixed Capital Formation — Value Standard Local Currency, per in Guinea
Guinea: Gross Fixed Capital Formation — Value Standard Local Currency, per was 2.5 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Guinea, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in Guinea stood at 2.5 million SLC per person.
That represents a change of up 45.2% on the previous year and up 105.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Guinea peaked at 3.35 million SLC per person in 2016 and was at its lowest, 0.0016 million SLC per person, in 1970.
Guinea ranks 13th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Guinea, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0016 million SLC per person | — |
| 1971 | 0.0017 million SLC per person | +9.3% |
| 1972 | 0.0018 million SLC per person | +6.2% |
| 1973 | 0.002 million SLC per person | +9.9% |
| 1974 | 0.0022 million SLC per person | +7.7% |
| 1975 | 0.0023 million SLC per person | +6.2% |
| 1976 | 0.0026 million SLC per person | +12.9% |
| 1977 | 0.0026 million SLC per person | -0.4% |
| 1978 | 0.0028 million SLC per person | +7.4% |
| 1979 | 0.0029 million SLC per person | +3.4% |
| 1980 | 0.0031 million SLC per person | +8.6% |
| 1981 | 0.0033 million SLC per person | +7.3% |
| 1982 | 0.0043 million SLC per person | +29.4% |
| 1983 | 0.0055 million SLC per person | +28.3% |
| 1984 | 0.0064 million SLC per person | +15.6% |
| 1985 | 0.0078 million SLC per person | +22.0% |
| 1986 | 0.0159 million SLC per person | +103.9% |
| 1987 | 0.0222 million SLC per person | +39.5% |
| 1988 | 0.0294 million SLC per person | +32.4% |
| 1989 | 0.0367 million SLC per person | +24.6% |
| 1990 | 0.0579 million SLC per person | +57.8% |
| 1991 | 0.0654 million SLC per person | +13.0% |
| 1992 | 0.0771 million SLC per person | +17.8% |
| 1993 | 0.0803 million SLC per person | +4.2% |
| 1994 | 0.0756 million SLC per person | -5.9% |
| 1995 | 0.0716 million SLC per person | -5.2% |
| 1996 | 0.0771 million SLC per person | +7.7% |
| 1997 | 0.0789 million SLC per person | +2.3% |
| 1998 | 0.1025 million SLC per person | +30.0% |
| 1999 | 0.0922 million SLC per person | -10.0% |
| 2000 | 0.1321 million SLC per person | +43.3% |
| 2001 | 0.0992 million SLC per person | -24.9% |
| 2002 | 0.1211 million SLC per person | +22.1% |
| 2003 | 0.1926 million SLC per person | +59.0% |
| 2004 | 0.227 million SLC per person | +17.9% |
| 2005 | 0.3374 million SLC per person | +48.6% |
| 2006 | 0.4592 million SLC per person | +36.1% |
| 2007 | 0.6733 million SLC per person | +46.6% |
| 2008 | 0.7313 million SLC per person | +8.6% |
| 2009 | 0.6656 million SLC per person | -9.0% |
| 2010 | 0.7224 million SLC per person | +8.5% |
| 2011 | 1 million SLC per person | +38.5% |
| 2012 | 1.23 million SLC per person | +22.6% |
| 2013 | 1.21 million SLC per person | -1.3% |
| 2014 | 1.22 million SLC per person | +0.6% |
| 2015 | 1.34 million SLC per person | +10.0% |
| 2016 | 3.35 million SLC per person | +149.6% |
| 2017 | 1.95 million SLC per person | -41.7% |
| 2018 | 1.64 million SLC per person | -16.1% |
| 2019 | 1.69 million SLC per person | +3.0% |
| 2020 | 1.67 million SLC per person | -0.9% |
| 2021 | 1.75 million SLC per person | +4.5% |
| 2022 | 1.84 million SLC per person | +5.6% |
| 2023 | 1.72 million SLC per person | -6.6% |
| 2024 | 2.5 million SLC per person | +45.2% |
Guinea compared with similar countries
- Guinea's 2.5 million SLC per person is above the median for lower middle income countries, which is 0.0501 million SLC per person, 50.0× the median. (44 countries reporting)
- Guinea's 2.5 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0989 million SLC per person, 25.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 | +149.6% | 1.34 million SLC per person | 3.35 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0022 million SLC per person | 0.0016 million SLC per person | 0.0029 million SLC per person | 10 |
| 1980s | 0.0135 million SLC per person | 0.0031 million SLC per person | 0.0367 million SLC per person | 10 |
| 1990s | 0.0779 million SLC per person | 0.0579 million SLC per person | 0.1025 million SLC per person | 10 |
| 2000s | 0.3639 million SLC per person | 0.0992 million SLC per person | 0.7313 million SLC per person | 10 |
| 2010s | 1.53 million SLC per person | 0.7224 million SLC per person | 3.35 million SLC per person | 10 |
| 2020s | 1.9 million SLC per person | 1.67 million SLC per person | 2.5 million SLC per person | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30,000 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.002 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.40 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0561 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 95.01 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Guinea?
- Gross fixed capital formation — value standard local currency, per in Guinea was 2.5 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Guinea?
- The highest recorded value was 3.35 million SLC per person in 2016.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Guinea?
- The lowest recorded value was 0.0016 million SLC per person in 1970.
- How does Guinea rank for gross fixed capital formation — value standard local currency, per?
- Guinea ranks 13th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Guinea?
- Over the last ten years it is up 105.2%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.