Gross Capital Formation (As % of GDP) rose to 21.1% in Gambia in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Gambia | January 1, 2020
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Gross capital formation as a share of GDP reached 21.1 % in 2019 in Gambia, according to the National Statistical Office. This is 2.09 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Gambia reached an all time high of 21.1 % in 2019 and an all time low of 0.046 % in 2000. When compared to Gambia's main peers, gross capital formation as a share of GDP in Guinea Bissau amounted to 12.3 %, 19.0 % in Mali, 43.3 % in Mauritania and 25.5 % in Senegal in 2019.

Gambia has been ranked 108th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 13 places above the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Algeria % 0.484% 50.6% 46.1% 40.9% 37.8%
Burkina Faso % 0.228% 16.3% 17.0% 17.1% 17.2%
Gambia % 19.9% 20.6% 21.1% 22.3% 22.1%
Guinea % 0.738% 19.8% 16.0% 20.1% 17.8%
Guinea Bissau % 0.105% 12.2% 12.3% 12.7% 13.0%
Mali % 0.221% 19.4% 19.0% 19.4% 19.5%
Mauritania % 0.498% 41.1% 43.3% 36.8% 35.9%
Morocco % 0.326% 34.4% 35.4% 35.9% 36.0%
Niger % 0.337% 38.5% 40.8% 42.3% 38.9%
Senegal % 0.286% 25.9% 25.5% 25.1% 25.7%