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Gross fixed capital formation in current prices growth rate

(%)

Guinea is the top country by gross fixed capital formation growth in the world. As of 2016, gross fixed capital formation growth in Guinea was 70.9 %. The top 5 countries also includes Ireland, Zimbabwe, Timor-Leste, and Trinidad and Tobago.

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What is gross fixed capital formation growth?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.