Guinea-Bissau: Capital investment, percent of GDP

* indicates monthly or quarterly data series

Capital investment as percent of GDP

 Latest value 16.75
 Year 2020
 Measure percent
 Data availability 1970 - 2020
 Average 20.03
 Min - Max 6.7 - 48.4
 Source The World Bank
For that indicator, we provide data for Guinea-Bissau from 1970 to 2020. The average value for Guinea-Bissau during that period was 20.03 percent with a minimum of 6.7 percent in 2012 and a maximum of 48.4 percent in 1992. The latest value from 2020 is 16.75 percent. For comparison, the world average in 2020 based on 157 countries is 23.50 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Guinea-Bissau - Capital investment, percent of GDP - recent values

Historical chart
Guinea-Bissau - Capital investment, percent of GDP - historical chart - 1970-2020

The capital investment in Guinea-Bissau and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
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.

 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 16.75 2020 percent
 Capital investment, in dollars 0.24 2020 billion U.S. dollars
 Household consumption, percent of GDP 81.60 2020 percent
 Household consumption, in dollars 1.17 2020 billion U.S. dollars
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