Gross Fixed Capital Formation — Value Standard Local Currency, per in Guinea
Guinea: Gross Fixed Capital Formation — Value Standard Local Currency, per was 100.97 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Guinea, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Guinea is 100.97 million SLC per square kilometre, measured in 2023.
The figure is down 4.3% on the previous year and up 83.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Guinea peaked at 164.45 million SLC per square kilometre in 2016 and was at its lowest, 0.0273 million SLC per square kilometre, in 1970.
That places Guinea 18th out of 194 countries with data for 2023, putting it 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 square kilometre | Change |
|---|---|---|
| 1970 | 0.0273 million SLC per square kilometre | — |
| 1971 | 0.0304 million SLC per square kilometre | +11.3% |
| 1972 | 0.0329 million SLC per square kilometre | +8.0% |
| 1973 | 0.0367 million SLC per square kilometre | +11.7% |
| 1974 | 0.0402 million SLC per square kilometre | +9.4% |
| 1975 | 0.0434 million SLC per square kilometre | +7.9% |
| 1976 | 0.0498 million SLC per square kilometre | +14.7% |
| 1977 | 0.0503 million SLC per square kilometre | +1.2% |
| 1978 | 0.055 million SLC per square kilometre | +9.2% |
| 1979 | 0.0578 million SLC per square kilometre | +5.2% |
| 1980 | 0.0639 million SLC per square kilometre | +10.5% |
| 1981 | 0.0698 million SLC per square kilometre | +9.3% |
| 1982 | 0.0922 million SLC per square kilometre | +32.0% |
| 1983 | 0.1207 million SLC per square kilometre | +31.0% |
| 1984 | 0.1427 million SLC per square kilometre | +18.2% |
| 1985 | 0.1783 million SLC per square kilometre | +25.0% |
| 1986 | 0.3728 million SLC per square kilometre | +109.0% |
| 1987 | 0.5336 million SLC per square kilometre | +43.2% |
| 1988 | 0.7253 million SLC per square kilometre | +35.9% |
| 1989 | 0.9278 million SLC per square kilometre | +27.9% |
| 1990 | 1.52 million SLC per square kilometre | +63.3% |
| 1991 | 1.78 million SLC per square kilometre | +17.7% |
| 1992 | 2.17 million SLC per square kilometre | +21.6% |
| 1993 | 2.33 million SLC per square kilometre | +7.4% |
| 1994 | 2.26 million SLC per square kilometre | -3.0% |
| 1995 | 2.2 million SLC per square kilometre | -2.6% |
| 1996 | 2.44 million SLC per square kilometre | +10.8% |
| 1997 | 2.55 million SLC per square kilometre | +4.4% |
| 1998 | 3.37 million SLC per square kilometre | +32.4% |
| 1999 | 3.1 million SLC per square kilometre | -8.0% |
| 2000 | 4.53 million SLC per square kilometre | +46.1% |
| 2001 | 3.45 million SLC per square kilometre | -23.9% |
| 2002 | 4.28 million SLC per square kilometre | +24.1% |
| 2003 | 6.95 million SLC per square kilometre | +62.6% |
| 2004 | 8.37 million SLC per square kilometre | +20.4% |
| 2005 | 12.7 million SLC per square kilometre | +51.6% |
| 2006 | 17.64 million SLC per square kilometre | +39.0% |
| 2007 | 26.48 million SLC per square kilometre | +50.1% |
| 2008 | 29.46 million SLC per square kilometre | +11.3% |
| 2009 | 27.48 million SLC per square kilometre | -6.7% |
| 2010 | 30.56 million SLC per square kilometre | +11.2% |
| 2011 | 43.39 million SLC per square kilometre | +42.0% |
| 2012 | 54.54 million SLC per square kilometre | +25.7% |
| 2013 | 55.17 million SLC per square kilometre | +1.2% |
| 2014 | 56.91 million SLC per square kilometre | +3.1% |
| 2015 | 64.21 million SLC per square kilometre | +12.8% |
| 2016 | 164.45 million SLC per square kilometre | +156.1% |
| 2017 | 98.39 million SLC per square kilometre | -40.2% |
| 2018 | 84.65 million SLC per square kilometre | -14.0% |
| 2019 | 89.43 million SLC per square kilometre | +5.6% |
| 2020 | 90.9 million SLC per square kilometre | +1.6% |
| 2021 | 97.41 million SLC per square kilometre | +7.2% |
| 2022 | 105.48 million SLC per square kilometre | +8.3% |
| 2023 | 100.97 million SLC per square kilometre | -4.3% |
Guinea compared with similar countries
- Guinea's 100.97 million SLC per square kilometre is above the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 25.0× the median. (44 countries reporting)
- Guinea's 100.97 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 3.96 million SLC per square kilometre, 25.5× 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 | +156.1% | 64.21 million SLC per square kilometre | 164.45 million SLC per square kilometre |
| 1986 | +109.0% | 0.1783 million SLC per square kilometre | 0.3728 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0424 million SLC per square kilometre | 0.0273 million SLC per square kilometre | 0.0578 million SLC per square kilometre | 10 |
| 1980s | 0.3227 million SLC per square kilometre | 0.0639 million SLC per square kilometre | 0.9278 million SLC per square kilometre | 10 |
| 1990s | 2.37 million SLC per square kilometre | 1.52 million SLC per square kilometre | 3.37 million SLC per square kilometre | 10 |
| 2000s | 14.13 million SLC per square kilometre | 3.45 million SLC per square kilometre | 29.46 million SLC per square kilometre | 10 |
| 2010s | 74.17 million SLC per square kilometre | 30.56 million SLC per square kilometre | 164.45 million SLC per square kilometre | 10 |
| 2020s | 98.69 million SLC per square kilometre | 90.9 million SLC per square kilometre | 105.48 million SLC per square kilometre | 4 |
Countries ranked near Guinea
- 15 Costa Rica 149.18 million SLC per square kilometre compare
- 16 Maldives 119.06 million SLC per square kilometre compare
- 17 Bangladesh 106.94 million SLC per square kilometre compare
- 19 Somalia 95.09 million SLC per square kilometre compare
- 20 Nigeria 91.01 million SLC per square kilometre compare
- 21 Chile 90.44 million SLC per square kilometre 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)
- 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 100.97 million SLC per square kilometre in 2023, 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 164.45 million SLC per square kilometre in 2016.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Guinea?
- The lowest recorded value was 0.0273 million SLC per square kilometre in 1970.
- How does Guinea rank for gross fixed capital formation — value standard local currency, per?
- Guinea ranks 18th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Guinea?
- Over the last ten years it is up 83.0%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.