The Gambia - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in The Gambia was $619,757,600 as of 2020. Over the past 54 years, the value for this indicator has fluctuated between $619,757,600 in 2020 and $3,116,957 in 1971.

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. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1966 $3,615,725
1967 $4,290,253
1968 $4,359,046
1969 $4,535,449
1970 $3,603,178
1971 $3,116,957
1972 $4,275,371
1973 $6,105,263
1974 $5,706,763
1975 $9,842,367
1976 $13,183,900
1977 $18,336,940
1978 $39,750,880
1979 $60,248,890
1980 $64,357,640
1981 $55,421,560
1982 $48,525,880
1983 $40,305,460
1984 $32,476,770
1985 $34,053,260
1986 $30,815,880
1987 $37,784,120
1988 $43,616,960
1989 $57,861,720
1990 $70,846,550
1991 $140,394,400
1992 $177,059,100
1993 $39,849,300
1994 $34,976,820
1995 $54,262,900
1996 $57,503,700
1997 $41,589,250
1998 $41,042,910
1999 $38,740,480
2000 $35,720,500
2001 $76,802,400
2002 $42,085,910
2003 $48,893,270
2004 $137,728,500
2005 $142,150,200
2006 $165,397,600
2007 $160,814,400
2008 $164,335,500
2009 $186,943,600
2010 $214,158,200
2011 $181,796,600
2012 $295,413,200
2013 $202,373,200
2014 $204,737,300
2015 $280,456,400
2016 $369,956,300
2017 $345,523,200
2018 $348,809,700
2019 $447,124,100
2020 $619,757,600

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in The Gambia was 31,918,570,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 31,918,570,000 in 2020 and a minimum value of 6,404,100 in 1971.

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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1966 6,456,600
1967 7,873,900
1968 9,081,200
1969 9,448,700
1970 7,506,500
1971 6,404,100
1972 8,556,300
1973 10,393,600
1974 9,763,700
1975 17,795,000
1976 29,343,400
1977 42,046,600
1978 82,908,400
1979 113,774,000
1980 110,759,500
1981 110,300,000
1982 111,100,000
1983 106,350,000
1984 116,400,000
1985 132,600,000
1986 213,400,000
1987 267,300,000
1988 292,600,000
1989 438,800,100
1990 558,200,000
1991 1,226,078,000
1992 1,575,065,000
1993 363,202,500
1994 335,140,900
1995 517,901,400
1996 563,375,200
1997 424,218,700
1998 436,823,800
1999 441,451,700
2000 456,779,400
2001 1,204,815,000
2002 838,258,800
2003 1,394,950,000
2004 4,136,000,000
2005 4,062,000,000
2006 4,642,000,000
2007 4,000,000,000
2008 3,647,000,000
2009 4,981,000,000
2010 5,999,000,000
2011 5,356,000,000
2012 9,476,000,000
2013 7,276,853,000
2014 8,544,304,000
2015 11,921,140,000
2016 16,045,930,000
2017 16,104,460,000
2018 16,795,810,000
2019 22,384,150,000
2020 31,918,570,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in The Gambia was 698,650,500 as of 2020. Over the past 16 years, the value for this indicator has fluctuated between 698,650,500 in 2020 and 118,367,600 in 2008.

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. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2004 145,652,700
2005 138,469,400
2006 163,965,700
2007 138,696,500
2008 118,367,600
2009 155,391,200
2010 173,051,300
2011 163,937,300
2012 276,456,100
2013 206,606,800
2014 210,716,400
2015 280,456,400
2016 374,368,900
2017 369,691,700
2018 377,064,500
2019 485,067,000
2020 698,650,500

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in The Gambia was 44.03 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 68.64 in 2012 and a minimum value of -25.27 in 2013.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2005 -4.93
2006 18.41
2007 -15.41
2008 -14.66
2009 31.28
2010 11.36
2011 -5.27
2012 68.64
2013 -25.27
2014 1.99
2015 33.10
2016 33.49
2017 -1.25
2018 1.99
2019 28.64
2020 44.03

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in The Gambia was 24,607,010,000 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 24,607,010,000 in 2020 and a minimum value of 4,169,000,000 in 2008.

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. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2004 5,130,000,000
2005 4,877,000,000
2006 5,775,000,000
2007 4,885,000,000
2008 4,169,000,000
2009 5,473,000,000
2010 6,095,000,000
2011 5,774,000,000
2012 9,737,000,000
2013 7,276,853,000
2014 7,421,596,000
2015 9,877,893,000
2016 13,185,560,000
2017 13,020,830,000
2018 13,280,500,000
2019 17,084,440,000
2020 24,607,010,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in The Gambia was 33.18 as of 2020. Its highest value over the past 54 years was 33.18 in 2020, while its lowest value was 4.56 in 2000.

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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1966 8.18
1967 9.19
1968 10.59
1969 10.04
1970 6.89
1971 5.59
1972 7.23
1973 8.12
1974 5.96
1975 8.55
1976 11.75
1977 13.28
1978 23.13
1979 29.09
1980 26.70
1981 25.33
1982 22.46
1983 18.88
1984 18.31
1985 15.09
1986 16.60
1987 17.13
1988 16.36
1989 20.37
1990 22.34
1991 20.34
1992 24.79
1993 5.28
1994 4.69
1995 6.90
1996 6.78
1997 5.18
1998 4.88
1999 4.76
2000 4.56
2001 11.17
2002 7.28
2003 10.04
2004 14.32
2005 13.83
2006 15.69
2007 12.57
2008 10.52
2009 12.89
2010 13.88
2011 12.90
2012 20.88
2013 14.71
2014 16.65
2015 20.35
2016 24.92
2017 22.96
2018 20.88
2019 24.67
2020 33.18

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts