Annual growth of the gross capital formation in Gambia
Gambia: Annual growth of the gross capital formation was 9.7% in 2024. ◆ Volatile
Latest (2024)
9.7%
Change on year
up 26.8%
World rank
38th
of 174 countries
All-time high
44.1%
in 2020
All-time low
-15.4%
in 2007
Years of data
20
2005–2024
Annual growth of the gross capital formation in Gambia, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
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 174 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 | Value | 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% |
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -665,150 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0003 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -0.241 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 232.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.05 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0966 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.98 % change on previous year (2024)
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 174 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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