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Gambia - Gross capital formation in % of GDP

18.8 (%) in 2016

In 2016, gross capital formation for Gambia was 18.8 %. Though Gambia gross capital formation fluctuated substantially in recent years, it tended to decrease through 1997 - 2016 period ending at 18.8 % in 2016.

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What is gross capital formation?

Gross capital formation (also known as gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress'. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

What is Gambia gross capital formation?

Date Value Change, %
2016 18.8 -10.18 %
2015 20.9 -1.37 %
2014 21.2 -3.14 %
2013 21.9 -6.33 %
2012 23.4 -7.78 %
2011 25.4 37.99 %
2010 18.4 -31.33 %
2009 26.8 0.20 %
2008 26.7 -9.20 %
2007 29.4 -4.19 %
2006 30.7 4.19 %
2005 29.5