Gross Fixed Capital Formation — Value Standard Local Currency in Guinea-Bissau
Guinea-Bissau: Gross Fixed Capital Formation — Value Standard Local Currency was 70,271 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Guinea-Bissau, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Guinea-Bissau recorded 70,271 million SLC for gross fixed capital formation — value standard local currency in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 124.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Guinea-Bissau peaked at 70,271 million SLC in 2024 and was at its lowest, 25.89 million SLC, in 1974.
Guinea-Bissau ranks 115th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Guinea-Bissau, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 32.78 million SLC | — |
| 1971 | 30.36 million SLC | -7.4% |
| 1972 | 27.55 million SLC | -9.3% |
| 1973 | 28.25 million SLC | +2.5% |
| 1974 | 25.89 million SLC | -8.3% |
| 1975 | 27.41 million SLC | +5.9% |
| 1976 | 30.84 million SLC | +12.5% |
| 1977 | 35.89 million SLC | +16.4% |
| 1978 | 47.36 million SLC | +31.9% |
| 1979 | 47.74 million SLC | +0.8% |
| 1980 | 57.75 million SLC | +21.0% |
| 1981 | 63.48 million SLC | +9.9% |
| 1982 | 84.62 million SLC | +33.3% |
| 1983 | 80.83 million SLC | -4.5% |
| 1984 | 234.02 million SLC | +189.5% |
| 1985 | 300.1 million SLC | +28.2% |
| 1986 | 429.4 million SLC | +43.1% |
| 1987 | 972.3 million SLC | +126.4% |
| 1988 | 2,331 million SLC | +139.7% |
| 1989 | 3,146 million SLC | +35.0% |
| 1990 | 3,260 million SLC | +3.6% |
| 1991 | 4,336 million SLC | +33.0% |
| 1992 | 18,394 million SLC | +324.2% |
| 1993 | 32,580 million SLC | +77.1% |
| 1994 | 25,211 million SLC | -22.6% |
| 1995 | 49,592 million SLC | +96.7% |
| 1996 | 50,117 million SLC | +1.1% |
| 1997 | 27,825 million SLC | -44.5% |
| 1998 | 9,617 million SLC | -65.4% |
| 1999 | 9,880 million SLC | +2.7% |
| 2000 | 18,560 million SLC | +87.9% |
| 2001 | 18,200 million SLC | -1.9% |
| 2002 | 24,101 million SLC | +32.4% |
| 2003 | 27,442 million SLC | +13.9% |
| 2004 | 20,135 million SLC | -26.6% |
| 2005 | 18,752 million SLC | -6.9% |
| 2006 | 21,549 million SLC | +14.9% |
| 2007 | 25,777 million SLC | +19.6% |
| 2008 | 23,251 million SLC | -9.8% |
| 2009 | 23,229 million SLC | -0.1% |
| 2010 | 27,169 million SLC | +17.0% |
| 2011 | 27,379 million SLC | +0.8% |
| 2012 | 33,145 million SLC | +21.1% |
| 2013 | 29,438 million SLC | -11.2% |
| 2014 | 31,360 million SLC | +6.5% |
| 2015 | 34,162 million SLC | +8.9% |
| 2016 | 33,674 million SLC | -1.4% |
| 2017 | 48,128 million SLC | +42.9% |
| 2018 | 51,496 million SLC | +7.0% |
| 2019 | 45,761 million SLC | -11.1% |
| 2020 | 47,731 million SLC | +4.3% |
| 2021 | 54,378 million SLC | +13.9% |
| 2022 | 56,628 million SLC | +4.1% |
| 2023 | 65,070 million SLC | +14.9% |
| 2024 | 70,271 million SLC | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.41 million SLC | 25.89 million SLC | 47.74 million SLC | 10 |
| 1980s | 769.96 million SLC | 57.75 million SLC | 3,146 million SLC | 10 |
| 1990s | 23,081 million SLC | 3,260 million SLC | 50,117 million SLC | 10 |
| 2000s | 22,100 million SLC | 18,200 million SLC | 27,442 million SLC | 10 |
| 2010s | 36,171 million SLC | 27,169 million SLC | 51,496 million SLC | 10 |
| 2020s | 58,816 million SLC | 47,731 million SLC | 70,271 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)
- GNI, Atlas method (current US$), annual growth rate 13.89 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9673 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 1,087 current US$ per person (2025)
- GNI (current US$), annual growth rate 15.08 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 1,133 current US$ per person (2025)
- GNI (current LCU), annual growth rate 10.44 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 586.8 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Guinea-Bissau?
- Gross fixed capital formation — value standard local currency in Guinea-Bissau was 70,271 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 recorded in Guinea-Bissau?
- The highest recorded value was 70,271 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Guinea-Bissau?
- The lowest recorded value was 25.89 million SLC in 1974.
- How does Guinea-Bissau rank for gross fixed capital formation — value standard local currency?
- Guinea-Bissau ranks 115th out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Guinea-Bissau?
- Over the last ten years it is up 124.1%. The long-run trend across the full record is volatile.
- 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. 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).