Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Gambia
Gambia: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0703 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0703 million USD per square kilometre
Change on year
up 7.7%
World rank
110th
of 194 countries
All-time high
0.0703 million USD per square kilometre
in 2023
All-time low
0.0021 million USD per square kilometre
in 1974
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Gambia, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Gambia stood at 0.0703 million USD per square kilometre. That is the highest value across all 54 years on record.
The figure is up 7.7% on the previous year and up 244.3% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Gambia peaked at 0.0703 million USD per square kilometre in 2023 and was at its lowest, 0.0021 million USD per square kilometre, in 1974.
That places Gambia 110th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Gambia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0046 million USD per square kilometre | — |
| 1971 | 0.0053 million USD per square kilometre | +16.0% |
| 1972 | 0.0022 million USD per square kilometre | -58.6% |
| 1973 | 0.0028 million USD per square kilometre | +25.3% |
| 1974 | 0.0021 million USD per square kilometre | -24.5% |
| 1975 | 0.0031 million USD per square kilometre | +48.9% |
| 1976 | 0.0059 million USD per square kilometre | +90.7% |
| 1977 | 0.0069 million USD per square kilometre | +16.3% |
| 1978 | 0.0059 million USD per square kilometre | -14.3% |
| 1979 | 0.0061 million USD per square kilometre | +3.6% |
| 1980 | 0.0066 million USD per square kilometre | +8.3% |
| 1981 | 0.005 million USD per square kilometre | -24.6% |
| 1982 | 0.0044 million USD per square kilometre | -12.6% |
| 1983 | 0.0053 million USD per square kilometre | +22.0% |
| 1984 | 0.0047 million USD per square kilometre | -11.8% |
| 1985 | 0.0043 million USD per square kilometre | -9.2% |
| 1986 | 0.0046 million USD per square kilometre | +7.2% |
| 1987 | 0.0085 million USD per square kilometre | +84.8% |
| 1988 | 0.0129 million USD per square kilometre | +52.7% |
| 1989 | 0.0131 million USD per square kilometre | +1.7% |
| 1990 | 0.0128 million USD per square kilometre | -2.6% |
| 1991 | 0.0148 million USD per square kilometre | +16.0% |
| 1992 | 0.0187 million USD per square kilometre | +26.2% |
| 1993 | 0.0163 million USD per square kilometre | -12.7% |
| 1994 | 0.0138 million USD per square kilometre | -15.4% |
| 1995 | 0.0156 million USD per square kilometre | +12.7% |
| 1996 | 0.0174 million USD per square kilometre | +11.9% |
| 1997 | 0.0141 million USD per square kilometre | -19.0% |
| 1998 | 0.0156 million USD per square kilometre | +10.5% |
| 1999 | 0.0162 million USD per square kilometre | +3.9% |
| 2000 | 0.0167 million USD per square kilometre | +2.9% |
| 2001 | 0.0254 million USD per square kilometre | +52.4% |
| 2002 | 0.0465 million USD per square kilometre | +82.8% |
| 2003 | 0.0426 million USD per square kilometre | -8.3% |
| 2004 | 0.02 million USD per square kilometre | -53.2% |
| 2005 | 0.0177 million USD per square kilometre | -11.3% |
| 2006 | 0.0183 million USD per square kilometre | +3.6% |
| 2007 | 0.0186 million USD per square kilometre | +1.3% |
| 2008 | 0.0179 million USD per square kilometre | -3.7% |
| 2009 | 0.0183 million USD per square kilometre | +2.6% |
| 2010 | 0.0171 million USD per square kilometre | -6.8% |
| 2011 | 0.0182 million USD per square kilometre | +6.4% |
| 2012 | 0.0195 million USD per square kilometre | +7.4% |
| 2013 | 0.0204 million USD per square kilometre | +4.5% |
| 2014 | 0.0208 million USD per square kilometre | +2.0% |
| 2015 | 0.0277 million USD per square kilometre | +33.1% |
| 2016 | 0.037 million USD per square kilometre | +33.5% |
| 2017 | 0.0365 million USD per square kilometre | -1.2% |
| 2018 | 0.0373 million USD per square kilometre | +2.0% |
| 2019 | 0.0479 million USD per square kilometre | +28.6% |
| 2020 | 0.0691 million USD per square kilometre | +44.1% |
| 2021 | 0.063 million USD per square kilometre | -8.7% |
| 2022 | 0.0653 million USD per square kilometre | +3.6% |
| 2023 | 0.0703 million USD per square kilometre | +7.7% |
Gambia compared with similar countries
- Gambia's 0.0703 million USD per square kilometre is above the median for low income countries, which is 0.007 million USD per square kilometre, 10.0× the median. (23 countries reporting)
- Gambia's 0.0703 million USD per square kilometre is above the median for Sub-Saharan Africa, which is 0.0172 million USD per square kilometre, 4.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0045 million USD per square kilometre | 0.0021 million USD per square kilometre | 0.0069 million USD per square kilometre | 10 |
| 1980s | 0.0069 million USD per square kilometre | 0.0043 million USD per square kilometre | 0.0131 million USD per square kilometre | 10 |
| 1990s | 0.0155 million USD per square kilometre | 0.0128 million USD per square kilometre | 0.0187 million USD per square kilometre | 10 |
| 2000s | 0.0242 million USD per square kilometre | 0.0167 million USD per square kilometre | 0.0465 million USD per square kilometre | 10 |
| 2010s | 0.0282 million USD per square kilometre | 0.0171 million USD per square kilometre | 0.0479 million USD per square kilometre | 10 |
| 2020s | 0.0669 million USD per square kilometre | 0.063 million USD per square kilometre | 0.0703 million USD per square kilometre | 4 |
Countries ranked near Gambia
- 107 Oman 0.0787 million USD per square kilometre compare
- 108 Ecuador 0.0778 million USD per square kilometre compare
- 109 Morocco 0.073 million USD per square kilometre compare
- 111 Nepal 0.069 million USD per square kilometre compare
- 112 Georgia 0.0665 million USD per square kilometre compare
- 113 Belarus 0.0659 million USD 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$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Gambia?
- Gross fixed capital formation — value us$, 2015 prices, per square in Gambia was 0.0703 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Gambia?
- The highest recorded value was 0.0703 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Gambia?
- The lowest recorded value was 0.0021 million USD per square kilometre in 1974.
- How does Gambia rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Gambia ranks 110th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Gambia?
- Over the last ten years it is up 244.3%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.