Gross Fixed Capital Formation — Value Standard Local Currency, per in Guinea
Guinea: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0015 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Guinea, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Guinea is 0.0015 million SLC per US$ of GDP, measured in 2024.
The figure is up 33.3% on the previous year and down 7.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Guinea peaked at 0.0047 million SLC per US$ of GDP in 2016 and was at its lowest, 0 million SLC per US$ of GDP, in 1979.
That places Guinea 8th out of 193 countries with data for 2024, 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 US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | -0.3% |
| 1972 | 0 million SLC per US$ of GDP | -7.6% |
| 1973 | 0 million SLC per US$ of GDP | -8.9% |
| 1974 | 0 million SLC per US$ of GDP | -0.9% |
| 1975 | 0 million SLC per US$ of GDP | +0.7% |
| 1976 | 0 million SLC per US$ of GDP | +3.5% |
| 1977 | 0 million SLC per US$ of GDP | -1.0% |
| 1978 | 0 million SLC per US$ of GDP | -6.7% |
| 1979 | 0 million SLC per US$ of GDP | -4.2% |
| 1980 | 0 million SLC per US$ of GDP | +0.7% |
| 1981 | 0 million SLC per US$ of GDP | +10.4% |
| 1982 | 0 million SLC per US$ of GDP | +6.8% |
| 1983 | 0 million SLC per US$ of GDP | +3.3% |
| 1984 | 0 million SLC per US$ of GDP | -2.9% |
| 1985 | 0 million SLC per US$ of GDP | +1.0% |
| 1986 | 0 million SLC per US$ of GDP | +1537.3% |
| 1987 | 0 million SLC per US$ of GDP | +39.9% |
| 1988 | 0.0001 million SLC per US$ of GDP | +16.4% |
| 1989 | 0.0001 million SLC per US$ of GDP | +25.4% |
| 1990 | 0.0001 million SLC per US$ of GDP | +48.9% |
| 1991 | 0.0001 million SLC per US$ of GDP | +4.1% |
| 1992 | 0.0001 million SLC per US$ of GDP | +11.7% |
| 1993 | 0.0001 million SLC per US$ of GDP | +7.6% |
| 1994 | 0.0001 million SLC per US$ of GDP | -6.0% |
| 1995 | 0.0001 million SLC per US$ of GDP | -10.7% |
| 1996 | 0.0001 million SLC per US$ of GDP | +5.7% |
| 1997 | 0.0001 million SLC per US$ of GDP | +6.7% |
| 1998 | 0.0002 million SLC per US$ of GDP | +39.6% |
| 1999 | 0.0002 million SLC per US$ of GDP | -4.6% |
| 2000 | 0.0003 million SLC per US$ of GDP | +68.8% |
| 2001 | 0.0002 million SLC per US$ of GDP | -19.5% |
| 2002 | 0.0002 million SLC per US$ of GDP | +19.0% |
| 2003 | 0.0003 million SLC per US$ of GDP | +39.2% |
| 2004 | 0.0004 million SLC per US$ of GDP | +14.1% |
| 2005 | 0.0007 million SLC per US$ of GDP | +87.7% |
| 2006 | 0.001 million SLC per US$ of GDP | +41.0% |
| 2007 | 0.001 million SLC per US$ of GDP | +0.8% |
| 2008 | 0.001 million SLC per US$ of GDP | +0.4% |
| 2009 | 0.001 million SLC per US$ of GDP | -3.3% |
| 2010 | 0.0011 million SLC per US$ of GDP | +9.0% |
| 2011 | 0.0016 million SLC per US$ of GDP | +43.4% |
| 2012 | 0.0018 million SLC per US$ of GDP | +11.7% |
| 2013 | 0.0016 million SLC per US$ of GDP | -7.8% |
| 2014 | 0.0016 million SLC per US$ of GDP | -1.6% |
| 2015 | 0.0018 million SLC per US$ of GDP | +12.6% |
| 2016 | 0.0047 million SLC per US$ of GDP | +162.0% |
| 2017 | 0.0023 million SLC per US$ of GDP | -50.2% |
| 2018 | 0.0018 million SLC per US$ of GDP | -25.1% |
| 2019 | 0.0016 million SLC per US$ of GDP | -6.8% |
| 2020 | 0.0016 million SLC per US$ of GDP | -3.0% |
| 2021 | 0.0014 million SLC per US$ of GDP | -11.6% |
| 2022 | 0.0013 million SLC per US$ of GDP | -7.2% |
| 2023 | 0.0011 million SLC per US$ of GDP | -14.9% |
| 2024 | 0.0015 million SLC per US$ of GDP | +33.3% |
Guinea compared with similar countries
- Guinea's 0.0015 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0 million SLC per US$ of GDP, 55.8× the median. (44 countries reporting)
- Guinea's 0.0015 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0001 million SLC per US$ of GDP, 24.5× 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 |
|---|---|---|---|
| 1986 | +1537.3% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 2016 | +162.0% | 0.0018 million SLC per US$ of GDP | 0.0047 million SLC per US$ of GDP |
| 2005 | +87.7% | 0.0004 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 1990s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 10 |
| 2000s | 0.0006 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.001 million SLC per US$ of GDP | 10 |
| 2010s | 0.002 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | 0.0047 million SLC per US$ of GDP | 10 |
| 2020s | 0.0014 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | 0.0016 million SLC per US$ of GDP | 5 |
Countries ranked near Guinea
- 5 Indonesia 0.0046 million SLC per US$ of GDP compare
- 6 Uzbekistan 0.0042 million SLC per US$ of GDP compare
- 7 Paraguay 0.0016 million SLC per US$ of GDP compare
- 9 Cambodia 0.0013 million SLC per US$ of GDP compare
- 10 Madagascar 0.001 million SLC per US$ of GDP compare
- 11 Mongolia 0.001 million SLC per US$ of GDP 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Guinea?
- Gross fixed capital formation — value standard local currency, per in Guinea was 0.0015 million SLC per US$ of GDP 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 0.0047 million SLC per US$ of GDP in 2016.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Guinea?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1979.
- How does Guinea rank for gross fixed capital formation — value standard local currency, per?
- Guinea ranks 8th out of 193 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 down 7.4%. 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 unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.