Annual growth of the gross capital formation (%) in Gambia
Gambia: Annual growth of the gross capital formation (%) was 9.7% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Gambia, 2005–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Gambia recorded 9.7% for annual growth of the gross capital formation in 2024.
That represents a change of up 26.8% on the previous year and up 387.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Gambia peaked at 44.1% in 2020 and was at its lowest, -15.4%, in 2007.
Gambia ranks 38th of 175 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | -4.9% | — |
| 2006 | 18.4% | -473.4% |
| 2007 | -15.4% | -183.7% |
| 2008 | -14.7% | -4.9% |
| 2009 | 31.3% | -313.4% |
| 2010 | 11.4% | -63.7% |
| 2011 | -5.3% | -146.5% |
| 2012 | 7.4% | -240.4% |
| 2013 | 4.5% | -39.2% |
| 2014 | 2.0% | -55.9% |
| 2015 | 33.1% | +1563.9% |
| 2016 | 33.5% | +1.2% |
| 2017 | -1.2% | -103.7% |
| 2018 | 2.0% | -259.6% |
| 2019 | 28.6% | +1336.2% |
| 2020 | 44.1% | +53.9% |
| 2021 | -8.7% | -119.8% |
| 2022 | 3.6% | -141.2% |
| 2023 | 7.7% | +112.7% |
| 2024 | 9.7% | +26.8% |
Gambia compared with similar countries
- Gambia's 9.7% is below the median for low income countries, which is 11.3%, 86% of the median. (19 countries reporting)
- Gambia's 9.7% is above the median for Sub-Saharan Africa, which is 6.1%, 1.6× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +1563.9% | 2.0% | 33.1% |
| 2019 | +1336.2% | 2.0% | 28.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | -15.4% | 31.3% | 5 |
| 2010s | 11.6% | -5.3% | 33.5% | 10 |
| 2020s | 11.3% | -8.7% | 44.1% | 5 |
Countries ranked near Gambia
- 35 North Macedonia 10.4% compare
- 36 Democratic Republic of the Congo 10.4% compare
- 37 Singapore 10.1% compare
- 39 Costa Rica 9.4% compare
- 40 Mauritania 9.2% compare
- 41 Ukraine 8.9% compare
More economy & growth data for Gambia
- Real gdp growth, annual growth rate 7.72 % change on previous year (2023)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 50.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0378 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 34.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 43.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0276 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 25.35 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Gambia?
- Annual growth of the gross capital formation in Gambia was 9.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Gambia?
- The highest recorded value was 44.1% in 2020.
- What is the lowest annual growth of the gross capital formation recorded in Gambia?
- The lowest recorded value was -15.4% in 2007.
- How does Gambia rank for annual growth of the gross capital formation?
- Gambia ranks 38th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Gambia?
- Over the last ten years it is up 387.9%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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