Gross Fixed Capital Formation — Value Standard Local Currency in Guinea
Guinea: Gross Fixed Capital Formation — Value Standard Local Currency was 36.91 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Guinea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Guinea recorded 36.91 million million SLC for gross fixed capital formation — value standard local currency in 2024.
That represents a change of up 48.8% on the previous year and up 163.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Guinea peaked at 40.41 million million SLC in 2016 and was at its lowest, 6,717 million SLC, in 1970.
Guinea ranks 27th of 230 countries on this measure, in the top quarter.
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, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 6,717 million SLC | — |
| 1971 | 7,476 million SLC | +11.3% |
| 1972 | 8,077 million SLC | +8.0% |
| 1973 | 9,024 million SLC | +11.7% |
| 1974 | 9,876 million SLC | +9.4% |
| 1975 | 10,660 million SLC | +7.9% |
| 1976 | 12,227 million SLC | +14.7% |
| 1977 | 12,371 million SLC | +1.2% |
| 1978 | 13,505 million SLC | +9.2% |
| 1979 | 14,201 million SLC | +5.2% |
| 1980 | 15,696 million SLC | +10.5% |
| 1981 | 17,156 million SLC | +9.3% |
| 1982 | 22,645 million SLC | +32.0% |
| 1983 | 29,666 million SLC | +31.0% |
| 1984 | 35,069 million SLC | +18.2% |
| 1985 | 43,819 million SLC | +24.9% |
| 1986 | 91,594 million SLC | +109.0% |
| 1987 | 131,122 million SLC | +43.2% |
| 1988 | 178,222 million SLC | +35.9% |
| 1989 | 227,989 million SLC | +27.9% |
| 1990 | 372,301 million SLC | +63.3% |
| 1991 | 438,024 million SLC | +17.7% |
| 1992 | 532,801 million SLC | +21.6% |
| 1993 | 572,493 million SLC | +7.4% |
| 1994 | 555,231 million SLC | -3.0% |
| 1995 | 541,049 million SLC | -2.6% |
| 1996 | 599,234 million SLC | +10.8% |
| 1997 | 625,506 million SLC | +4.4% |
| 1998 | 828,318 million SLC | +32.4% |
| 1999 | 762,063 million SLC | -8.0% |
| 2000 | 1.11 million million SLC | +46.1% |
| 2001 | 846,860 million SLC | -23.9% |
| 2002 | 1.05 million million SLC | +24.1% |
| 2003 | 1.71 million million SLC | +62.6% |
| 2004 | 2.06 million million SLC | +20.4% |
| 2005 | 3.12 million million SLC | +51.6% |
| 2006 | 4.34 million million SLC | +39.0% |
| 2007 | 6.51 million million SLC | +50.1% |
| 2008 | 7.24 million million SLC | +11.3% |
| 2009 | 6.75 million million SLC | -6.7% |
| 2010 | 7.51 million million SLC | +11.2% |
| 2011 | 10.66 million million SLC | +42.0% |
| 2012 | 13.40 million million SLC | +25.7% |
| 2013 | 13.56 million million SLC | +1.2% |
| 2014 | 13.98 million million SLC | +3.1% |
| 2015 | 15.78 million million SLC | +12.8% |
| 2016 | 40.41 million million SLC | +156.1% |
| 2017 | 24.18 million million SLC | -40.2% |
| 2018 | 20.80 million million SLC | -14.0% |
| 2019 | 21.97 million million SLC | +5.6% |
| 2020 | 22.34 million million SLC | +1.6% |
| 2021 | 23.94 million million SLC | +7.2% |
| 2022 | 25.92 million million SLC | +8.3% |
| 2023 | 24.81 million million SLC | -4.3% |
| 2024 | 36.91 million million SLC | +48.8% |
Guinea compared with similar countries
- Guinea's 36.91 million million SLC is above the median for lower middle income countries, which is 367,772 million SLC, 100.4× the median. (44 countries reporting)
- Guinea's 36.91 million million SLC is above the median for Sub-Saharan Africa, which is 1.26 million million SLC, 29.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency 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% | 15.78 million million SLC | 40.41 million million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,413 million SLC | 6,717 million SLC | 14,201 million SLC | 10 |
| 1980s | 79,298 million SLC | 15,696 million SLC | 227,989 million SLC | 10 |
| 1990s | 582,702 million SLC | 372,301 million SLC | 828,318 million SLC | 10 |
| 2000s | 3.47 million million SLC | 846,860 million SLC | 7.24 million million SLC | 10 |
| 2010s | 18.23 million million SLC | 7.51 million million SLC | 40.41 million million SLC | 10 |
| 2020s | 26.78 million million SLC | 22.34 million million SLC | 36.91 million million SLC | 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)
- SDRs holdings, US dollar, annual growth rate 470.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.9019 units per person (2025)
- SDRs holdings, SDR, annual growth rate 442.86 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.6586 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0091 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Guinea?
- Gross fixed capital formation — value standard local currency in Guinea was 36.91 million 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?
- The highest recorded value was 40.41 million million SLC in 2016.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Guinea?
- The lowest recorded value was 6,717 million SLC in 1970.
- How does Guinea rank for gross fixed capital formation — value standard local currency?
- Guinea ranks 27th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Guinea?
- Over the last ten years it is up 163.9%. The long-run trend across the full record is volatile.
- Where does this Guinea 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).