Gross fixed capital formation, Private sector, Constant prices in Gambia
Gambia: Gross fixed capital formation, Private sector, Constant prices was 6.3 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Gambia, 1960–2019
Source: International Monetary Fund.
Analysis
Gambia recorded 6.3 for gross fixed capital formation, private sector, constant prices in 2019.
Compared with earlier readings it is up 6.4% on the previous year and up 62.9% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Gambia peaked at 12.52 in 2002 and was at its lowest, 1.49, in 1974.
That places Gambia 157th out of 173 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 2.47 | — |
| 1961 | 2.72 | +10.4% |
| 1962 | 2.78 | +2.1% |
| 1963 | 2.86 | +2.8% |
| 1964 | 2.67 | -6.6% |
| 1965 | 2.52 | -5.6% |
| 1966 | 2.59 | +2.7% |
| 1967 | 2.69 | +4.0% |
| 1968 | 2.69 | -0.1% |
| 1969 | 2.71 | +0.8% |
| 1970 | 3.8 | +40.5% |
| 1971 | 4.42 | +16.1% |
| 1972 | 1.82 | -58.7% |
| 1973 | 2.09 | +14.7% |
| 1974 | 1.49 | -28.7% |
| 1975 | 2.09 | +40.3% |
| 1976 | 4.04 | +93.3% |
| 1977 | 4.63 | +14.5% |
| 1978 | 3.78 | -18.4% |
| 1979 | 4.04 | +7.1% |
| 1980 | 4.37 | +8.0% |
| 1981 | 2.54 | -41.8% |
| 1982 | 2.02 | -20.7% |
| 1983 | 2.74 | +35.7% |
| 1984 | 2.81 | +2.8% |
| 1985 | 2.42 | -13.9% |
| 1986 | 1.83 | -24.2% |
| 1987 | 3.64 | +98.3% |
| 1988 | 5.6 | +53.9% |
| 1989 | 5.91 | +5.6% |
| 1990 | 5.4 | -8.6% |
| 1991 | 5.63 | +4.1% |
| 1992 | 6.86 | +21.9% |
| 1993 | 5.81 | -15.3% |
| 1994 | 4.91 | -15.5% |
| 1995 | 5.48 | +11.8% |
| 1996 | 5.89 | +7.3% |
| 1997 | 4.75 | -19.3% |
| 1998 | 5.06 | +6.6% |
| 1999 | 4.93 | -2.7% |
| 2000 | 4.78 | -3.0% |
| 2001 | 6.88 | +44.1% |
| 2002 | 12.52 | +81.9% |
| 2003 | 7.2 | -42.5% |
| 2004 | 4.89 | -32.0% |
| 2005 | 4.55 | -7.0% |
| 2006 | 4.89 | +7.4% |
| 2007 | 5.47 | +12.1% |
| 2008 | 4.68 | -14.5% |
| 2009 | 3.87 | -17.4% |
| 2010 | 3.38 | -12.6% |
| 2011 | 3.67 | +8.6% |
| 2012 | 3.83 | +4.4% |
| 2013 | 4.44 | +15.9% |
| 2014 | 4.65 | +4.8% |
| 2015 | 6.2 | +33.1% |
| 2016 | 7.86 | +26.9% |
| 2017 | 5.51 | -30.0% |
| 2018 | 5.92 | +7.5% |
| 2019 | 6.3 | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.67 | 2.47 | 2.86 | 10 |
| 1970s | 3.22 | 1.49 | 4.63 | 10 |
| 1980s | 3.39 | 1.83 | 5.91 | 10 |
| 1990s | 5.47 | 4.75 | 6.86 | 10 |
| 2000s | 5.97 | 3.87 | 12.52 | 10 |
| 2010s | 5.18 | 3.38 | 7.86 | 10 |
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 gross fixed capital formation, private sector, constant prices in Gambia?
- Gross fixed capital formation, private sector, constant prices in Gambia was 6.3 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Gambia?
- The highest recorded value was 12.52 in 2002.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Gambia?
- The lowest recorded value was 1.49 in 1974.
- How does Gambia rank for gross fixed capital formation, private sector, constant prices?
- Gambia ranks 157th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Gambia?
- Over the last ten years it is up 62.9%. The long-run trend across the full record is rising.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.