Guinea vs Niger: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Guinea
- Niger
How they compare
Niger currently reports 2.22 trillion current LCU against 1.69 trillion current LCU in Guinea, a difference of 529.63 billion current LCU.
That makes Niger's figure about 1.3 times Guinea's.
Across all 20 years both countries report, Guinea has been ahead every year.
Globally, Guinea ranks 29th and Niger ranks 26th of 105 countries.
Individual pages
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.