Construction, value added in Gambia
Gambia: Construction, value added was 1.13 billion current LCU in 2011. ▲ Rising
Construction, value added in Gambia, 1990–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
Gambia recorded 1.13 billion current LCU for construction, value added in 2011. That is the highest value across all 22 years on record.
The figure is up 14.0% on the previous year and up 56.2% over ten years.
Over the whole period, construction, value added in Gambia peaked at 1.13 billion current LCU in 2011 and was at its lowest, 117.70 million current LCU, in 1990.
Gambia ranks 46th of 51 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Construction, value added in Gambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 117.70 million current LCU | — |
| 1991 | 347.05 million current LCU | +194.9% |
| 1992 | 370.15 million current LCU | +6.7% |
| 1993 | 413.88 million current LCU | +11.8% |
| 1994 | 436.43 million current LCU | +5.5% |
| 1995 | 442.27 million current LCU | +1.3% |
| 1996 | 999.07 million current LCU | +125.9% |
| 1997 | 522.63 million current LCU | -47.7% |
| 1998 | 651.45 million current LCU | +24.6% |
| 1999 | 666.48 million current LCU | +2.3% |
| 2000 | 681.85 million current LCU | +2.3% |
| 2001 | 723.99 million current LCU | +6.2% |
| 2002 | 739.89 million current LCU | +2.2% |
| 2003 | 896.57 million current LCU | +21.2% |
| 2004 | 982.18 million current LCU | +9.5% |
| 2005 | 733.07 million current LCU | -25.4% |
| 2006 | 776.99 million current LCU | +6.0% |
| 2007 | 743.86 million current LCU | -4.3% |
| 2008 | 844.78 million current LCU | +13.6% |
| 2009 | 909.84 million current LCU | +7.7% |
| 2010 | 991.97 million current LCU | +9.0% |
| 2011 | 1.13 billion current LCU | +14.0% |
Gambia compared with similar countries
- Gambia's 1.13 billion current LCU is below the median for low income countries, which is 30.92 billion current LCU, 4% of the median. (19 countries reporting)
- Gambia's 1.13 billion current LCU is below the median for Sub-Saharan Africa, which is 76.50 billion current LCU, 1% of the median. (45 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 |
|---|---|---|---|
| 1991 | +194.9% | 117.70 million current LCU | 347.05 million current LCU |
| 1996 | +125.9% | 442.27 million current LCU | 999.07 million current LCU |
| 1997 | -47.7% | 999.07 million current LCU | 522.63 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 496.71 million current LCU | 117.70 million current LCU | 999.07 million current LCU | 10 |
| 2000s | 803.30 million current LCU | 681.85 million current LCU | 982.18 million current LCU | 10 |
| 2010s | 1.06 billion current LCU | 991.97 million current LCU | 1.13 billion current 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 1.13 billion current 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 1.13 billion current LCU in 2011.
- What is the lowest construction, value added recorded in Gambia?
- The lowest recorded value was 117.70 million current LCU in 1990.
- How does Gambia rank for construction, value added?
- Gambia ranks 46th out of 51 countries with data for 2011.
- Is construction, value added rising or falling in Gambia?
- Over the last ten years it is up 56.2%. The long-run trend across the full record is rising.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current local currency.