Gross Fixed Capital Formation — Value US$, annual growth rate in Guinea
Guinea: Gross Fixed Capital Formation — Value US$, annual growth rate was 48.33 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Guinea, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Guinea recorded 48.33 % change on previous year for gross fixed capital formation — value us$, annual growth rate in 2024.
Compared with earlier readings it is up 2,560.0% on the previous year and up 2,948.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Guinea peaked at 113.76 % change on previous year in 2016 and was at its lowest, -40.96 % change on previous year, in 2017.
Guinea ranks 5th of 235 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.72 % change on previous year | — |
| 1972 | 6.76 % change on previous year | -36.9% |
| 1973 | 7.16 % change on previous year | +5.9% |
| 1974 | 14.53 % change on previous year | +102.9% |
| 1975 | 12.51 % change on previous year | -13.9% |
| 1976 | 13.95 % change on previous year | +11.5% |
| 1977 | 2.72 % change on previous year | -80.5% |
| 1978 | 14.37 % change on previous year | +428.3% |
| 1979 | 5.8 % change on previous year | -59.6% |
| 1980 | 13.44 % change on previous year | +131.7% |
| 1981 | 10.13 % change on previous year | -24.6% |
| 1982 | 8.09 % change on previous year | -20.1% |
| 1983 | 5.27 % change on previous year | -34.9% |
| 1984 | -2.21 % change on previous year | -141.9% |
| 1985 | 8.32 % change on previous year | -476.7% |
| 1986 | 25.68 % change on previous year | +208.7% |
| 1987 | 15.28 % change on previous year | -40.5% |
| 1988 | 15.67 % change on previous year | +2.6% |
| 1989 | 2.57 % change on previous year | -83.6% |
| 1990 | 46.35 % change on previous year | +1701.6% |
| 1991 | 3.03 % change on previous year | -93.5% |
| 1992 | 1.66 % change on previous year | -45.2% |
| 1993 | 1.43 % change on previous year | -13.6% |
| 1994 | -5.11 % change on previous year | -456.6% |
| 1995 | -4.01 % change on previous year | -21.7% |
| 1996 | 9.36 % change on previous year | -333.7% |
| 1997 | -4.32 % change on previous year | -146.1% |
| 1998 | 17.27 % change on previous year | -500.1% |
| 1999 | -17.98 % change on previous year | -204.1% |
| 2000 | 16.05 % change on previous year | -189.3% |
| 2001 | -31.89 % change on previous year | -298.7% |
| 2002 | 22.48 % change on previous year | -170.5% |
| 2003 | 61.87 % change on previous year | +175.3% |
| 2004 | 6.5 % change on previous year | -89.5% |
| 2005 | -6.62 % change on previous year | -201.8% |
| 2006 | -1.64 % change on previous year | -75.3% |
| 2007 | 84.05 % change on previous year | -5226.7% |
| 2008 | 1.51 % change on previous year | -98.2% |
| 2009 | -10.61 % change on previous year | -802.2% |
| 2010 | -6.73 % change on previous year | -36.6% |
| 2011 | 22.1 % change on previous year | -428.3% |
| 2012 | 19.8 % change on previous year | -10.4% |
| 2013 | 2.3 % change on previous year | -88.4% |
| 2014 | 1.59 % change on previous year | -31.0% |
| 2015 | 5.73 % change on previous year | +261.2% |
| 2016 | 113.76 % change on previous year | +1886.2% |
| 2017 | -40.96 % change on previous year | -136.0% |
| 2018 | -13.23 % change on previous year | -67.7% |
| 2019 | 3.66 % change on previous year | -127.7% |
| 2020 | -2.4 % change on previous year | -165.6% |
| 2021 | 4.64 % change on previous year | -293.0% |
| 2022 | 21.7 % change on previous year | +368.2% |
| 2023 | -1.96 % change on previous year | -109.1% |
| 2024 | 48.33 % change on previous year | -2560.0% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate 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 |
|---|---|---|---|
| 2007 | +5226.7% | -1.64 % change on previous year | 84.05 % change on previous year |
| 2024 | +2560.0% | -1.96 % change on previous year | 48.33 % change on previous year |
| 2016 | +1886.2% | 5.73 % change on previous year | 113.76 % change on previous year |
| 1990 | +1701.6% | 2.57 % change on previous year | 46.35 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.84 % change on previous year | 2.72 % change on previous year | 14.53 % change on previous year | 9 |
| 1980s | 10.22 % change on previous year | -2.21 % change on previous year | 25.68 % change on previous year | 10 |
| 1990s | 4.77 % change on previous year | -17.98 % change on previous year | 46.35 % change on previous year | 10 |
| 2000s | 14.17 % change on previous year | -31.89 % change on previous year | 84.05 % change on previous year | 10 |
| 2010s | 10.8 % change on previous year | -40.96 % change on previous year | 113.76 % change on previous year | 10 |
| 2020s | 14.06 % change on previous year | -2.4 % change on previous year | 48.33 % change on previous year | 5 |
Countries ranked near Guinea
- 2 Zimbabwe 256.08 % change on previous year compare
- 3 South Sudan 73.22 % change on previous year compare
- 4 Sierra Leone 70.66 % change on previous year compare
- 6 Gambia 45.86 % change on previous year compare
- 7 Iraq 39.74 % change on previous year compare
- 8 USSR 28.64 % change on previous year 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Guinea?
- Gross fixed capital formation — value us$, annual growth rate in Guinea was 48.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Guinea?
- The highest recorded value was 113.76 % change on previous year in 2016.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Guinea?
- The lowest recorded value was -40.96 % change on previous year in 2017.
- How does Guinea rank for gross fixed capital formation — value us$, annual growth rate?
- Guinea ranks 5th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Guinea?
- Over the last ten years it is up 2,948.1%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, annual growth rate. 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
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.