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Gambia - Gross capital formation in current prices

185,279,083 (US dollars) in 2016

In 2016, gross capital formation for Gambia was 185 million US dollars. Though Gambia gross capital formation fluctuated substantially in recent years, it tended to increase through 1997 - 2016 period ending at 185 million US dollars 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 185,279,083 -5.74 %
2015 196,558,087 9.11 %
2014 180,148,860 -9.00 %
2013 197,965,732 -7.23 %
2012 213,398,741 -6.93 %
2011 229,291,292 31.01 %
2010 175,017,068 -27.38 %
2009 240,992,079 -6.55 %
2008 257,892,472 9.77 %
2007 234,932,987 16.84 %
2006 201,074,799 9.35 %
2005 183,878,226