Gross capital formation rose 12.6% to USD 444 bil in Guinea Bissau in 2024, according to the National Statistical Office.
Historically, gross capital formation in Guinea Bissau reached an all time high of USD 444 bil in 2024 and an all time low of USD 43.2 bil in 1974. When compared to Guinea Bissau's main peers, gross capital formation in Gambia amounted to USD 978 bil, USD 7,900 bil in Guinea, USD 5,545 bil in Mali and USD 10,612 bil in Senegal in 2024.
Guinea Bissau has been ranked 122nd within the group of 126 countries we follow in terms of gross capital formation, 45 places above the position seen 10 years ago.
Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Algeria | USD bil | 90,384 | 86,340 | 70,812 | 72,902 | 79,175 | ... | |||||||||||||||
Burkina Faso | USD bil | 3,454 | 3,168 | 3,042 | 3,055 | 3,293 | ||||||||||||||||
Gambia | USD bil | 349 | 447 | 586 | 612 | 631 | ||||||||||||||||
Guinea | USD bil | 2,318 | 2,652 | 4,440 | 2,744 | 2,790 | ||||||||||||||||
Guinea Bissau | USD bil | 288 | 360 | 420 | 368 | 386 | ||||||||||||||||
Liberia | USD bil | 422 | 701 | 589 | ... | ... | ... | ... | ||||||||||||||
Mali | USD bil | 4,989 | 5,428 | 4,226 | 5,436 | 5,180 | ||||||||||||||||
Mauritania | USD bil | 3,471 | 3,199 | 3,194 | 3,746 | 4,690 | ... | |||||||||||||||
Niger | USD bil | 3,712 | 3,954 | 3,916 | 4,111 | 4,572 | ||||||||||||||||
Senegal | USD bil | 7,547 | 7,481 | 8,741 | 10,555 | 12,588 | ||||||||||||||||
Sierra Leone | USD bil | 998 | 1,045 | 1,026 | 1,011 | 1,059 |