Guinea-Bissau - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Guinea-Bissau was 95,951,590,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 95,951,590,000 in 2020 and a minimum value of 20,457,450,000 in 2002.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 34,079,580,000
2001 30,459,630,000
2002 20,457,450,000
2003 24,813,230,000
2004 24,237,530,000
2005 33,008,300,000
2006 33,368,670,000
2007 42,675,780,000
2008 50,471,050,000
2009 43,794,830,000
2010 45,409,870,000
2011 49,874,100,000
2012 28,718,720,000
2013 30,700,720,000
2014 46,022,530,000
2015 55,639,190,000
2016 53,840,900,000
2017 54,408,990,000
2018 65,397,080,000
2019 87,523,520,000
2020 95,951,590,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts