Gross Fixed Capital Formation — Annual growth Standard Local Currency in Gambia
Gambia: Gross Fixed Capital Formation — Annual growth Standard Local Currency was 63.72 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth Standard Local Currency in Gambia, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross fixed capital formation — annual growth standard local currency in Gambia is 63.72 %, measured in 2024.
The figure is up 311.3% on the previous year and up 265.8% over ten years.
Over the whole period, gross fixed capital formation — annual growth standard local currency in Gambia peaked at 118.77 % in 1976 and was at its lowest, -47.69 %, in 1972.
That places Gambia 6th out of 202 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Annual growth Standard Local Currency in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 20.02 % | — |
| 1972 | -47.69 % | -338.1% |
| 1973 | 66.28 % | -239.0% |
| 1974 | -6.17 % | -109.3% |
| 1975 | 77.77 % | -1359.9% |
| 1976 | 118.77 % | +52.7% |
| 1977 | 24.63 % | -79.3% |
| 1978 | -11.76 % | -147.7% |
| 1979 | 6.3 % | -153.6% |
| 1980 | 11.38 % | +80.6% |
| 1981 | -21.78 % | -291.4% |
| 1982 | -5.71 % | -73.8% |
| 1983 | 44.07 % | -871.4% |
| 1984 | 14.1 % | -68.0% |
| 1985 | 20.44 % | +44.9% |
| 1986 | 26.86 % | +31.4% |
| 1987 | 104.79 % | +290.2% |
| 1988 | 72.88 % | -30.5% |
| 1989 | 15.38 % | -78.9% |
| 1990 | 6.61 % | -57.0% |
| 1991 | 21.96 % | +232.2% |
| 1992 | 28.46 % | +29.6% |
| 1993 | -8.24 % | -128.9% |
| 1994 | -12.21 % | +48.2% |
| 1995 | 17.2 % | -240.9% |
| 1996 | 18.9 % | +9.8% |
| 1997 | -20.41 % | -208.0% |
| 1998 | 16.29 % | -179.8% |
| 1999 | 0.9925 % | -93.9% |
| 2000 | 4.55 % | +358.9% |
| 2001 | 55.18 % | +1111.7% |
| 2002 | 94.33 % | +70.9% |
| 2003 | 8.09 % | -91.4% |
| 2004 | -46.36 % | -672.9% |
| 2005 | -7.77 % | -83.2% |
| 2006 | 8 % | -203.0% |
| 2007 | 0.9167 % | -88.5% |
| 2008 | -3.12 % | -440.8% |
| 2009 | 5.3 % | -269.5% |
| 2010 | -0.6833 % | -112.9% |
| 2011 | 11.04 % | -1716.3% |
| 2012 | 13.91 % | +26.0% |
| 2013 | 12.48 % | -10.3% |
| 2014 | 17.42 % | +39.5% |
| 2015 | 39.52 % | +126.9% |
| 2016 | 34.6 % | -12.4% |
| 2017 | 0.3652 % | -98.9% |
| 2018 | 4.29 % | +1075.4% |
| 2019 | 33.27 % | +675.1% |
| 2020 | 34.85 % | +4.7% |
| 2021 | 6.14 % | -82.4% |
| 2022 | 8.19 % | +33.5% |
| 2023 | 15.49 % | +89.1% |
| 2024 | 63.72 % | +311.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.57 % | -47.69 % | 118.77 % | 9 |
| 1980s | 28.24 % | -21.78 % | 104.79 % | 10 |
| 1990s | 6.96 % | -20.41 % | 28.46 % | 10 |
| 2000s | 11.91 % | -46.36 % | 94.33 % | 10 |
| 2010s | 16.62 % | -0.6833 % | 39.52 % | 10 |
| 2020s | 25.68 % | 6.14 % | 63.72 % | 5 |
Countries ranked near Gambia
- 3 Cabo Verde 2.73 % compare
- 3 Democratic Republic of the Congo 27.32 % compare
- 3 Zimbabwe 256.08 % compare
- 4 Argentina 158.08 % compare
- 5 Sierra Leone 85.78 % compare
- 6 Viet Nam 7.99 % compare
- 7 Guinea 48.76 % compare
- 8 Iraq 38.41 % compare
- 9 Uzbekistan 37.99 % 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 4.3 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3373 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 309.98 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -60.47 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -69.99 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 33.33 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 17.11 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 15,724 current LCU per person (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth standard local currency in Gambia?
- Gross fixed capital formation — annual growth standard local currency in Gambia was 63.72 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth standard local currency recorded in Gambia?
- The highest recorded value was 118.77 % in 1976.
- What is the lowest gross fixed capital formation — annual growth standard local currency recorded in Gambia?
- The lowest recorded value was -47.69 % in 1972.
- How does Gambia rank for gross fixed capital formation — annual growth standard local currency?
- Gambia ranks 6th out of 202 countries with data for 2024.
- Is gross fixed capital formation — annual growth standard local currency rising or falling in Gambia?
- Over the last ten years it is up 265.8%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).