Gross Fixed Capital Formation — Value Standard Local Currency, annual in Gambia

Gambia: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 63.72 % change on previous year in 2024. ◆ Volatile

Latest (2024)
63.72 % change on previous year
Change on year
up 311.3%
World rank
6th
of 230 countries
All-time high
118.77 % change on previous year
in 1976
All-time low
-47.69 % change on previous year
in 1972
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Gambia, 1971–2024

-50050100197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, annual in Gambia is 63.72 % change on previous year, 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 — value standard local currency, annual in Gambia peaked at 118.77 % change on previous year in 1976 and was at its lowest, -47.69 % change on previous year, in 1972.

That places Gambia 6th out of 230 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 — Value Standard Local Currency, annual in Gambia, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in Gambia, 1971 to 2024.
Year % change on previous year Change
1971 20.02 % change on previous year
1972 -47.69 % change on previous year -338.1%
1973 66.28 % change on previous year -239.0%
1974 -6.17 % change on previous year -109.3%
1975 77.77 % change on previous year -1359.9%
1976 118.77 % change on previous year +52.7%
1977 24.63 % change on previous year -79.3%
1978 -11.76 % change on previous year -147.7%
1979 6.3 % change on previous year -153.6%
1980 11.38 % change on previous year +80.6%
1981 -21.78 % change on previous year -291.4%
1982 -5.71 % change on previous year -73.8%
1983 44.07 % change on previous year -871.4%
1984 14.1 % change on previous year -68.0%
1985 20.44 % change on previous year +44.9%
1986 26.86 % change on previous year +31.4%
1987 104.79 % change on previous year +290.2%
1988 72.88 % change on previous year -30.5%
1989 15.38 % change on previous year -78.9%
1990 6.61 % change on previous year -57.0%
1991 21.96 % change on previous year +232.3%
1992 28.46 % change on previous year +29.6%
1993 -8.24 % change on previous year -128.9%
1994 -12.21 % change on previous year +48.2%
1995 17.2 % change on previous year -240.9%
1996 18.9 % change on previous year +9.8%
1997 -20.41 % change on previous year -208.0%
1998 16.29 % change on previous year -179.8%
1999 0.9926 % change on previous year -93.9%
2000 4.55 % change on previous year +358.8%
2001 55.18 % change on previous year +1111.6%
2002 94.33 % change on previous year +70.9%
2003 8.09 % change on previous year -91.4%
2004 -46.36 % change on previous year -672.9%
2005 -7.77 % change on previous year -83.2%
2006 8 % change on previous year -203.0%
2007 0.9166 % change on previous year -88.5%
2008 -3.12 % change on previous year -440.8%
2009 5.3 % change on previous year -269.6%
2010 -0.6834 % change on previous year -112.9%
2011 11.04 % change on previous year -1716.2%
2012 13.91 % change on previous year +26.0%
2013 12.48 % change on previous year -10.3%
2014 17.42 % change on previous year +39.5%
2015 39.52 % change on previous year +126.9%
2016 34.6 % change on previous year -12.4%
2017 0.3652 % change on previous year -98.9%
2018 4.29 % change on previous year +1075.4%
2019 33.27 % change on previous year +675.1%
2020 34.85 % change on previous year +4.7%
2021 6.14 % change on previous year -82.4%
2022 8.19 % change on previous year +33.5%
2023 15.49 % change on previous year +89.1%
2024 63.72 % change on previous year +311.3%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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.

YearChange FromTo
2011 +1716.2% -0.6834 % change on previous year 11.04 % change on previous year
1975 +1359.9% -6.17 % change on previous year 77.77 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 27.57 % change on previous year -47.69 % change on previous year 118.77 % change on previous year 9
1980s 28.24 % change on previous year -21.78 % change on previous year 104.79 % change on previous year 10
1990s 6.96 % change on previous year -20.41 % change on previous year 28.46 % change on previous year 10
2000s 11.91 % change on previous year -46.36 % change on previous year 94.33 % change on previous year 10
2010s 16.62 % change on previous year -0.6834 % change on previous year 39.52 % change on previous year 10
2020s 25.68 % change on previous year 6.14 % change on previous year 63.72 % change on previous year 5

Countries ranked near Gambia

  1. 3 Yugoslav SFR 174.27 % change on previous year compare
  2. 4 Argentina 158.08 % change on previous year compare
  3. 5 Sierra Leone 85.78 % change on previous year compare
  4. 7 Turkey 59.13 % change on previous year compare
  5. 7 Türkiye 59.13 % change on previous year compare
  6. 9 Guinea 48.76 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for Gambia

All data for Gambia →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in Gambia?
Gross fixed capital formation — value standard local currency, annual in Gambia was 63.72 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, annual recorded in Gambia?
The highest recorded value was 118.77 % change on previous year in 1976.
What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Gambia?
The lowest recorded value was -47.69 % change on previous year in 1972.
How does Gambia rank for gross fixed capital formation — value standard local currency, annual?
Gambia ranks 6th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, annual 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 Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in Gambia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/gambia-the/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.