Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Gambia
Gambia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 2.99 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
2.99 million SLC per square kilometre
Change on year
up 7.7%
World rank
82nd
of 194 countries
All-time high
2.99 million SLC per square kilometre
in 2023
All-time low
0.0886 million SLC per square kilometre
in 1974
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Gambia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Gambia stood at 2.99 million SLC per square kilometre. That is the highest value across all 54 years on record.
That represents a change of up 7.7% on the previous year and up 244.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Gambia peaked at 2.99 million SLC per square kilometre in 2023 and was at its lowest, 0.0886 million SLC per square kilometre, in 1974.
Gambia ranks 82nd of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Gambia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.1953 million SLC per square kilometre | — |
| 1971 | 0.2265 million SLC per square kilometre | +16.0% |
| 1972 | 0.0937 million SLC per square kilometre | -58.6% |
| 1973 | 0.1174 million SLC per square kilometre | +25.3% |
| 1974 | 0.0886 million SLC per square kilometre | -24.5% |
| 1975 | 0.132 million SLC per square kilometre | +48.9% |
| 1976 | 0.2517 million SLC per square kilometre | +90.7% |
| 1977 | 0.2927 million SLC per square kilometre | +16.3% |
| 1978 | 0.2508 million SLC per square kilometre | -14.3% |
| 1979 | 0.2599 million SLC per square kilometre | +3.6% |
| 1980 | 0.2814 million SLC per square kilometre | +8.3% |
| 1981 | 0.2121 million SLC per square kilometre | -24.6% |
| 1982 | 0.1854 million SLC per square kilometre | -12.6% |
| 1983 | 0.2262 million SLC per square kilometre | +22.0% |
| 1984 | 0.1996 million SLC per square kilometre | -11.8% |
| 1985 | 0.1813 million SLC per square kilometre | -9.2% |
| 1986 | 0.1944 million SLC per square kilometre | +7.2% |
| 1987 | 0.3592 million SLC per square kilometre | +84.8% |
| 1988 | 0.5487 million SLC per square kilometre | +52.7% |
| 1989 | 0.5581 million SLC per square kilometre | +1.7% |
| 1990 | 0.5434 million SLC per square kilometre | -2.6% |
| 1991 | 0.6305 million SLC per square kilometre | +16.0% |
| 1992 | 0.7956 million SLC per square kilometre | +26.2% |
| 1993 | 0.6943 million SLC per square kilometre | -12.7% |
| 1994 | 0.5874 million SLC per square kilometre | -15.4% |
| 1995 | 0.6622 million SLC per square kilometre | +12.7% |
| 1996 | 0.7409 million SLC per square kilometre | +11.9% |
| 1997 | 0.6004 million SLC per square kilometre | -19.0% |
| 1998 | 0.6633 million SLC per square kilometre | +10.5% |
| 1999 | 0.6895 million SLC per square kilometre | +3.9% |
| 2000 | 0.7095 million SLC per square kilometre | +2.9% |
| 2001 | 1.08 million SLC per square kilometre | +52.4% |
| 2002 | 1.98 million SLC per square kilometre | +82.8% |
| 2003 | 1.81 million SLC per square kilometre | -8.3% |
| 2004 | 0.8484 million SLC per square kilometre | -53.2% |
| 2005 | 0.7523 million SLC per square kilometre | -11.3% |
| 2006 | 0.779 million SLC per square kilometre | +3.6% |
| 2007 | 0.789 million SLC per square kilometre | +1.3% |
| 2008 | 0.7596 million SLC per square kilometre | -3.7% |
| 2009 | 0.7795 million SLC per square kilometre | +2.6% |
| 2010 | 0.7267 million SLC per square kilometre | -6.8% |
| 2011 | 0.7731 million SLC per square kilometre | +6.4% |
| 2012 | 0.8304 million SLC per square kilometre | +7.4% |
| 2013 | 0.8678 million SLC per square kilometre | +4.5% |
| 2014 | 0.8851 million SLC per square kilometre | +2.0% |
| 2015 | 1.18 million SLC per square kilometre | +33.1% |
| 2016 | 1.57 million SLC per square kilometre | +33.5% |
| 2017 | 1.55 million SLC per square kilometre | -1.2% |
| 2018 | 1.58 million SLC per square kilometre | +2.0% |
| 2019 | 2.04 million SLC per square kilometre | +28.6% |
| 2020 | 2.94 million SLC per square kilometre | +44.1% |
| 2021 | 2.68 million SLC per square kilometre | -8.7% |
| 2022 | 2.78 million SLC per square kilometre | +3.6% |
| 2023 | 2.99 million SLC per square kilometre | +7.7% |
Gambia compared with similar countries
- Gambia's 2.99 million SLC per square kilometre is above the median for low income countries, which is 1.86 million SLC per square kilometre, 1.6× the median. (23 countries reporting)
- Gambia's 2.99 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 2.34 million SLC per square kilometre, 1.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1909 million SLC per square kilometre | 0.0886 million SLC per square kilometre | 0.2927 million SLC per square kilometre | 10 |
| 1980s | 0.2946 million SLC per square kilometre | 0.1813 million SLC per square kilometre | 0.5581 million SLC per square kilometre | 10 |
| 1990s | 0.6607 million SLC per square kilometre | 0.5434 million SLC per square kilometre | 0.7956 million SLC per square kilometre | 10 |
| 2000s | 1.03 million SLC per square kilometre | 0.7095 million SLC per square kilometre | 1.98 million SLC per square kilometre | 10 |
| 2010s | 1.2 million SLC per square kilometre | 0.7267 million SLC per square kilometre | 2.04 million SLC per square kilometre | 10 |
| 2020s | 2.84 million SLC per square kilometre | 2.68 million SLC per square kilometre | 2.99 million SLC per square kilometre | 4 |
Countries ranked near Gambia
- 79 Kenya 3.25 million SLC per square kilometre compare
- 80 Saint Kitts and Nevis 3.23 million SLC per square kilometre compare
- 81 Yemen 3.08 million SLC per square kilometre compare
- 83 Trinidad and Tobago 2.91 million SLC per square kilometre compare
- 84 Curacao 2.9 million SLC per square kilometre compare
- 85 Sweden 2.89 million SLC per square kilometre 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)
- 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 — value standard local currency, 2015 in Gambia?
- Gross fixed capital formation — value standard local currency, 2015 in Gambia was 2.99 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Gambia?
- The highest recorded value was 2.99 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Gambia?
- The lowest recorded value was 0.0886 million SLC per square kilometre in 1974.
- How does Gambia rank for gross fixed capital formation — value standard local currency, 2015?
- Gambia ranks 82nd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Gambia?
- Over the last ten years it is up 244.3%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.