Guyana: Capital investment, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Guyana: Capital investment as percent of GDP

, 1960 - 2005: For that indicator, we provide data for Guyana from 1960 to 2005. The average value for Guyana during that period was 27.13 percent with a minimum of 16.05 percent in 1964 and a maximum of 51.75 percent in 1992. The latest value from 2005 is 24.78 percent. For comparison, the world average in 2005 based on 166 countries is 23.59 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
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The capital investment in Guyana 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.
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