Gross fixed capital formation, Private sector, Constant prices in Gambia
Gambia: Gross fixed capital formation, Private sector, Constant prices was 0.3493 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Gambia, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Gambia is 0.3493, measured in 2019.
Compared with earlier readings it is up 12.9% on the previous year and up 114.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Gambia peaked at 0.4152 in 2002 and was at its lowest, 0.0205, in 1974.
That places Gambia 163rd out of 173 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.0218 | — |
| 1961 | 0.0227 | +4.0% |
| 1962 | 0.0236 | +4.0% |
| 1963 | 0.0245 | +4.0% |
| 1964 | 0.0255 | +4.0% |
| 1965 | 0.0265 | +4.0% |
| 1966 | 0.0276 | +4.0% |
| 1967 | 0.0287 | +4.0% |
| 1968 | 0.0298 | +4.0% |
| 1969 | 0.031 | +4.0% |
| 1970 | 0.0451 | +45.2% |
| 1971 | 0.0523 | +16.0% |
| 1972 | 0.0216 | -58.6% |
| 1973 | 0.0271 | +25.3% |
| 1974 | 0.0205 | -24.5% |
| 1975 | 0.0305 | +48.9% |
| 1976 | 0.0581 | +90.7% |
| 1977 | 0.0676 | +16.3% |
| 1978 | 0.0579 | -14.3% |
| 1979 | 0.06 | +3.6% |
| 1980 | 0.065 | +8.3% |
| 1981 | 0.0446 | -31.3% |
| 1982 | 0.0379 | -15.1% |
| 1983 | 0.0496 | +30.9% |
| 1984 | 0.0524 | +5.7% |
| 1985 | 0.0467 | -11.0% |
| 1986 | 0.0361 | -22.6% |
| 1987 | 0.0738 | +104.3% |
| 1988 | 0.1194 | +61.8% |
| 1989 | 0.1305 | +9.4% |
| 1990 | 0.1237 | -5.3% |
| 1991 | 0.1325 | +7.1% |
| 1992 | 0.1671 | +26.2% |
| 1993 | 0.1459 | -12.7% |
| 1994 | 0.1234 | -15.4% |
| 1995 | 0.1391 | +12.7% |
| 1996 | 0.1557 | +11.9% |
| 1997 | 0.1261 | -19.0% |
| 1998 | 0.1394 | +10.5% |
| 1999 | 0.1449 | +3.9% |
| 2000 | 0.1491 | +2.9% |
| 2001 | 0.2272 | +52.4% |
| 2002 | 0.4152 | +82.8% |
| 2003 | 0.2443 | -41.2% |
| 2004 | 0.1813 | -25.8% |
| 2005 | 0.1647 | -9.2% |
| 2006 | 0.1758 | +6.8% |
| 2007 | 0.203 | +15.5% |
| 2008 | 0.1845 | -9.1% |
| 2009 | 0.1626 | -11.9% |
| 2010 | 0.1505 | -7.4% |
| 2011 | 0.1501 | -0.3% |
| 2012 | 0.1648 | +9.8% |
| 2013 | 0.1966 | +19.3% |
| 2014 | 0.2032 | +3.3% |
| 2015 | 0.2814 | +38.5% |
| 2016 | 0.3641 | +29.4% |
| 2017 | 0.2672 | -26.6% |
| 2018 | 0.3094 | +15.8% |
| 2019 | 0.3493 | +12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0262 | 0.0218 | 0.031 | 10 |
| 1970s | 0.0441 | 0.0205 | 0.0676 | 10 |
| 1980s | 0.0656 | 0.0361 | 0.1305 | 10 |
| 1990s | 0.1398 | 0.1234 | 0.1671 | 10 |
| 2000s | 0.2108 | 0.1491 | 0.4152 | 10 |
| 2010s | 0.2436 | 0.1501 | 0.3641 | 10 |
Countries ranked near Gambia
- 160 Central African Republic 0.4914 compare
- 161 Saint Lucia 0.4218 compare
- 162 Sierra Leone 0.4134 compare
- 164 Belize 0.3479 compare
- 165 Saint Kitts and Nevis 0.2781 compare
- 166 Grenada 0.2646 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)
- Manufacturing, value added (constant LCU), per capita 510.25 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 11.35 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1583 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 145.49 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 17.95 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 11.36 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 10,438 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 6 % change on previous year (2025)
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 0.3493 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 0.4152 in 2002.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Gambia?
- The lowest recorded value was 0.0205 in 1974.
- How does Gambia rank for gross fixed capital formation, private sector, constant prices?
- Gambia ranks 163rd 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 114.8%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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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.