The Gambia - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in The Gambia was 31,918,570,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 31,918,570,000 in 2020 and a minimum value of 106,350,000 in 1983.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts