Construction, value added in Gambia
Gambia: Construction, value added was 851.28 million constant LCU in 2011. ▼ Falling
Construction, value added in Gambia, 1995–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
The most recent figure for construction, value added in Gambia is 851.28 million constant LCU, measured in 2011.
That represents a change of up 9.2% on the previous year and down 5.3% over ten years.
Over the whole period, construction, value added in Gambia peaked at 982.18 million constant LCU in 2004 and was at its lowest, 670.39 million constant LCU, in 2007.
Gambia ranks 42nd of 46 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Construction, value added in Gambia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 723.08 million constant LCU | — |
| 1996 | 787.03 million constant LCU | +8.8% |
| 1997 | 777.32 million constant LCU | -1.2% |
| 1998 | 837.95 million constant LCU | +7.8% |
| 1999 | 837.95 million constant LCU | +0.0% |
| 2000 | 867.90 million constant LCU | +3.6% |
| 2001 | 898.92 million constant LCU | +3.6% |
| 2002 | 934.87 million constant LCU | +4.0% |
| 2003 | 962.92 million constant LCU | +3.0% |
| 2004 | 982.18 million constant LCU | +2.0% |
| 2005 | 710.63 million constant LCU | -27.6% |
| 2006 | 738.03 million constant LCU | +3.9% |
| 2007 | 670.39 million constant LCU | -9.2% |
| 2008 | 729.14 million constant LCU | +8.8% |
| 2009 | 751.02 million constant LCU | +3.0% |
| 2010 | 779.56 million constant LCU | +3.8% |
| 2011 | 851.28 million constant LCU | +9.2% |
Gambia compared with similar countries
- Gambia's 851.28 million constant LCU is below the median for low income countries, which is 25.07 billion constant LCU, 3% of the median. (16 countries reporting)
- Gambia's 851.28 million constant LCU is below the median for Sub-Saharan Africa, which is 43.49 billion constant LCU, 2% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where Construction, value added 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 |
|---|---|---|---|
| 2005 | -27.6% | 982.18 million constant LCU | 710.63 million constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 792.67 million constant LCU | 723.08 million constant LCU | 837.95 million constant LCU | 5 |
| 2000s | 824.60 million constant LCU | 670.39 million constant LCU | 982.18 million constant LCU | 10 |
| 2010s | 815.42 million constant LCU | 779.56 million constant LCU | 851.28 million constant LCU | 2 |
Countries ranked near Gambia
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 construction, value added in Gambia?
- Construction, value added in Gambia was 851.28 million constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest construction, value added recorded in Gambia?
- The highest recorded value was 982.18 million constant LCU in 2004.
- What is the lowest construction, value added recorded in Gambia?
- The lowest recorded value was 670.39 million constant LCU in 2007.
- How does Gambia rank for construction, value added?
- Gambia ranks 42nd out of 46 countries with data for 2011.
- Is construction, value added rising or falling in Gambia?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in constant local currency.