Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Gambia

Gambia: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 7.12 % change on previous year in 2024. ◆ Volatile

Latest (2024)
7.12 % change on previous year
Change on year
down 6.9%
World rank
42nd
of 235 countries
All-time high
90.72 % change on previous year
in 1976
All-time low
-58.65 % change on previous year
in 1972
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Gambia, 1971–2024

-50050100197119972024

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

Analysis

Gambia recorded 7.12 % change on previous year for gross fixed capital formation — value us$, 2015 prices, annual growth in 2024.

Compared with earlier readings it is down 6.9% on the previous year and up 258.1% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Gambia peaked at 90.72 % change on previous year in 1976 and was at its lowest, -58.65 % change on previous year, in 1972.

That places Gambia 42nd out of 235 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Gambia, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate in Gambia, 1971 to 2024.
Year % change on previous year Change
1971 15.97 % change on previous year
1972 -58.65 % change on previous year -467.1%
1973 25.33 % change on previous year -143.2%
1974 -24.49 % change on previous year -196.7%
1975 48.86 % change on previous year -299.5%
1976 90.72 % change on previous year +85.7%
1977 16.29 % change on previous year -82.0%
1978 -14.31 % change on previous year -187.8%
1979 3.65 % change on previous year -125.5%
1980 8.27 % change on previous year +126.6%
1981 -24.62 % change on previous year -397.7%
1982 -12.61 % change on previous year -48.8%
1983 22.01 % change on previous year -274.5%
1984 -11.75 % change on previous year -153.4%
1985 -9.16 % change on previous year -22.0%
1986 7.24 % change on previous year -179.1%
1987 84.75 % change on previous year +1070.1%
1988 52.75 % change on previous year -37.8%
1989 1.7 % change on previous year -96.8%
1990 -2.63 % change on previous year -254.2%
1991 16.04 % change on previous year -710.4%
1992 26.17 % change on previous year +63.2%
1993 -12.73 % change on previous year -148.6%
1994 -15.4 % change on previous year +21.0%
1995 12.74 % change on previous year -182.7%
1996 11.89 % change on previous year -6.6%
1997 -18.97 % change on previous year -259.5%
1998 10.48 % change on previous year -155.3%
1999 3.95 % change on previous year -62.3%
2000 2.9 % change on previous year -26.5%
2001 52.41 % change on previous year +1705.9%
2002 82.78 % change on previous year +57.9%
2003 -8.35 % change on previous year -110.1%
2004 -53.17 % change on previous year +537.1%
2005 -11.33 % change on previous year -78.7%
2006 3.55 % change on previous year -131.3%
2007 1.28 % change on previous year -63.9%
2008 -3.73 % change on previous year -391.3%
2009 2.62 % change on previous year -170.2%
2010 -6.77 % change on previous year -358.3%
2011 6.38 % change on previous year -194.2%
2012 7.41 % change on previous year +16.2%
2013 4.51 % change on previous year -39.2%
2014 1.99 % change on previous year -55.9%
2015 33.1 % change on previous year +1563.7%
2016 33.49 % change on previous year +1.2%
2017 -1.25 % change on previous year -103.7%
2018 1.99 % change on previous year -259.6%
2019 28.64 % change on previous year +1336.2%
2020 44.07 % change on previous year +53.9%
2021 -8.73 % change on previous year -119.8%
2022 3.6 % change on previous year -141.2%
2023 7.65 % change on previous year +112.7%
2024 7.12 % change on previous year -6.9%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 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
2001 +1705.9% 2.9 % change on previous year 52.41 % change on previous year
2015 +1563.7% 1.99 % change on previous year 33.1 % change on previous year
2019 +1336.2% 1.99 % change on previous year 28.64 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.48 % change on previous year -58.65 % change on previous year 90.72 % change on previous year 9
1980s 11.86 % change on previous year -24.62 % change on previous year 84.75 % change on previous year 10
1990s 3.15 % change on previous year -18.97 % change on previous year 26.17 % change on previous year 10
2000s 6.9 % change on previous year -53.17 % change on previous year 82.78 % change on previous year 10
2010s 10.95 % change on previous year -6.77 % change on previous year 33.49 % change on previous year 10
2020s 10.74 % change on previous year -8.73 % change on previous year 44.07 % change on previous year 5

Countries ranked near Gambia

  1. 39 Sint Maarten (Dutch part) 7.24 % change on previous year compare
  2. 40 Angola 7.22 % change on previous year compare
  3. 41 Ethiopia 7.21 % change on previous year compare
  4. 43 Serbia 6.52 % change on previous year compare
  5. 44 Philippines 6.32 % change on previous year compare
  6. 45 Honduras 6.16 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Gambia

All data for Gambia →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices, annual growth in Gambia?
Gross fixed capital formation — value us$, 2015 prices, annual growth in Gambia was 7.12 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Gambia?
The highest recorded value was 90.72 % change on previous year in 1976.
What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Gambia?
The lowest recorded value was -58.65 % change on previous year in 1972.
How does Gambia rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
Gambia ranks 42nd out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Gambia?
Over the last ten years it is up 258.1%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Gambia. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices-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 US$, 2015 prices. 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 US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,249 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.