Gross Fixed Capital Formation — Value Standard Local Currency, per in Gambia
Gambia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 3.96 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
3.96 million SLC per square kilometre
Change on year
up 15.5%
World rank
84th
of 194 countries
All-time high
3.96 million SLC per square kilometre
in 2023
All-time low
0.0026 million SLC per square kilometre
in 1972
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per 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, per in Gambia stood at 3.96 million SLC per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 15.5% on the previous year and up 450.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Gambia peaked at 3.96 million SLC per square kilometre in 2023 and was at its lowest, 0.0026 million SLC per square kilometre, in 1972.
Gambia ranks 84th 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, per in Gambia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0041 million SLC per square kilometre | — |
| 1971 | 0.005 million SLC per square kilometre | +20.0% |
| 1972 | 0.0026 million SLC per square kilometre | -47.7% |
| 1973 | 0.0043 million SLC per square kilometre | +66.3% |
| 1974 | 0.004 million SLC per square kilometre | -6.2% |
| 1975 | 0.0072 million SLC per square kilometre | +77.8% |
| 1976 | 0.0157 million SLC per square kilometre | +118.8% |
| 1977 | 0.0196 million SLC per square kilometre | +24.6% |
| 1978 | 0.0173 million SLC per square kilometre | -11.8% |
| 1979 | 0.0184 million SLC per square kilometre | +6.3% |
| 1980 | 0.0205 million SLC per square kilometre | +11.4% |
| 1981 | 0.016 million SLC per square kilometre | -21.8% |
| 1982 | 0.0151 million SLC per square kilometre | -5.7% |
| 1983 | 0.0217 million SLC per square kilometre | +44.1% |
| 1984 | 0.0248 million SLC per square kilometre | +14.1% |
| 1985 | 0.0299 million SLC per square kilometre | +20.4% |
| 1986 | 0.0379 million SLC per square kilometre | +26.9% |
| 1987 | 0.0776 million SLC per square kilometre | +104.8% |
| 1988 | 0.1342 million SLC per square kilometre | +72.9% |
| 1989 | 0.1549 million SLC per square kilometre | +15.4% |
| 1990 | 0.1651 million SLC per square kilometre | +6.6% |
| 1991 | 0.2013 million SLC per square kilometre | +22.0% |
| 1992 | 0.2587 million SLC per square kilometre | +28.5% |
| 1993 | 0.2374 million SLC per square kilometre | -8.2% |
| 1994 | 0.2084 million SLC per square kilometre | -12.2% |
| 1995 | 0.2442 million SLC per square kilometre | +17.2% |
| 1996 | 0.2904 million SLC per square kilometre | +18.9% |
| 1997 | 0.2311 million SLC per square kilometre | -20.4% |
| 1998 | 0.2688 million SLC per square kilometre | +16.3% |
| 1999 | 0.2714 million SLC per square kilometre | +1.0% |
| 2000 | 0.2838 million SLC per square kilometre | +4.6% |
| 2001 | 0.4404 million SLC per square kilometre | +55.2% |
| 2002 | 0.8558 million SLC per square kilometre | +94.3% |
| 2003 | 0.9251 million SLC per square kilometre | +8.1% |
| 2004 | 0.4962 million SLC per square kilometre | -46.4% |
| 2005 | 0.4577 million SLC per square kilometre | -7.8% |
| 2006 | 0.4943 million SLC per square kilometre | +8.0% |
| 2007 | 0.4988 million SLC per square kilometre | +0.9% |
| 2008 | 0.4833 million SLC per square kilometre | -3.1% |
| 2009 | 0.5089 million SLC per square kilometre | +5.3% |
| 2010 | 0.5054 million SLC per square kilometre | -0.7% |
| 2011 | 0.5612 million SLC per square kilometre | +11.0% |
| 2012 | 0.6393 million SLC per square kilometre | +13.9% |
| 2013 | 0.7191 million SLC per square kilometre | +12.5% |
| 2014 | 0.8443 million SLC per square kilometre | +17.4% |
| 2015 | 1.18 million SLC per square kilometre | +39.5% |
| 2016 | 1.59 million SLC per square kilometre | +34.6% |
| 2017 | 1.59 million SLC per square kilometre | +0.4% |
| 2018 | 1.66 million SLC per square kilometre | +4.3% |
| 2019 | 2.21 million SLC per square kilometre | +33.3% |
| 2020 | 2.98 million SLC per square kilometre | +34.8% |
| 2021 | 3.17 million SLC per square kilometre | +6.1% |
| 2022 | 3.43 million SLC per square kilometre | +8.2% |
| 2023 | 3.96 million SLC per square kilometre | +15.5% |
Gambia compared with similar countries
- Gambia's 3.96 million SLC per square kilometre is above the median for low income countries, which is 2.31 million SLC per square kilometre, 1.7× the median. (23 countries reporting)
- Gambia's 3.96 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 3.96 million SLC per square kilometre, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0098 million SLC per square kilometre | 0.0026 million SLC per square kilometre | 0.0196 million SLC per square kilometre | 10 |
| 1980s | 0.0533 million SLC per square kilometre | 0.0151 million SLC per square kilometre | 0.1549 million SLC per square kilometre | 10 |
| 1990s | 0.2377 million SLC per square kilometre | 0.1651 million SLC per square kilometre | 0.2904 million SLC per square kilometre | 10 |
| 2000s | 0.5444 million SLC per square kilometre | 0.2838 million SLC per square kilometre | 0.9251 million SLC per square kilometre | 10 |
| 2010s | 1.15 million SLC per square kilometre | 0.5054 million SLC per square kilometre | 2.21 million SLC per square kilometre | 10 |
| 2020s | 3.38 million SLC per square kilometre | 2.98 million SLC per square kilometre | 3.96 million SLC per square kilometre | 4 |
Countries ranked near Gambia
- 81 Angola 4.6 million SLC per square kilometre compare
- 82 Kenya 4.48 million SLC per square kilometre compare
- 83 Trinidad and Tobago 4.26 million SLC per square kilometre compare
- 85 Mexico 3.92 million SLC per square kilometre compare
- 86 Sweden 3.82 million SLC per square kilometre compare
- 87 Yemen 3.59 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, per in Gambia?
- Gross fixed capital formation — value standard local currency, per in Gambia was 3.96 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Gambia?
- The highest recorded value was 3.96 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Gambia?
- The lowest recorded value was 0.0026 million SLC per square kilometre in 1972.
- How does Gambia rank for gross fixed capital formation — value standard local currency, per?
- Gambia ranks 84th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Gambia?
- Over the last ten years it is up 450.1%. 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.