Guinea - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Guinea was 30,300,800,000,000 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of 40,602,100,000,000 in 2016 and a minimum value of 99,329,400,000 in 1986.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

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

Year Value
1986 99,329,400,000
1987 142,236,000,000
1988 193,269,000,000
1989 247,245,000,000
1990 353,992,000,000
1991 413,732,000,000
1992 519,920,000,000
1993 556,400,000,000
1994 616,200,000,000
1995 797,978,000,000
1996 807,298,000,000
1997 870,681,000,000
1998 852,503,000,000
1999 953,109,000,000
2000 1,071,240,000,000
2001 909,411,000,000
2002 847,446,000,000
2003 1,478,740,000,000
2004 1,690,900,000,000
2005 2,090,940,000,000
2006 5,337,090,000,000
2007 6,175,750,000,000
2008 8,401,990,000,000
2009 6,871,050,000,000
2010 7,976,390,000,000
2011 10,866,300,000,000
2012 13,884,600,000,000
2013 13,594,700,000,000
2014 14,048,900,000,000
2015 15,906,500,000,000
2016 40,602,100,000,000
2017 20,897,200,000,000
2018 20,885,400,000,000
2019 31,064,200,000,000
2020 30,300,800,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts