Equatorial Guinea vs Guinea-Bissau: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Equatorial Guinea
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 247.98 billion current LCU against 212.76 billion current LCU in Equatorial Guinea, a difference of 35.22 billion current LCU.
That makes Guinea-Bissau's figure about 1.2 times Equatorial Guinea's.
The two have swapped places 1 time across 9 shared years of data; in 2017 it was Equatorial Guinea ahead.
Globally, Equatorial Guinea ranks 52nd and Guinea-Bissau ranks 50th of 105 countries.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.