Gambia GM: GDP: Gross Capital Formation

Gambia GM: GDP: Gross Capital Formation data was reported at 9,065.767 GMD mn in 2017. This records an increase from the previous number of 7,913.874 GMD mn for 2016. Gambia GM: GDP: Gross Capital Formation data is updated yearly, averaging 430.521 GMD mn from Dec 1966 (Median) to 2017, with 52 observations. The data reached an all-time high of 9,065.767 GMD mn in 2017 and a record low of 6.404 GMD mn in 1971. Gambia GM: GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Gambia – Table GM.World Bank: Gross Domestic Product: Nominal. Gross capital formation (formerly 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. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

View Gambia's Gambia GM: GDP: Gross Capital Formation from 1966 to 2016 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

What was Gambia's Gambia GM: GDP: Gross Capital Formation in 2016?

Related Indicators for Gambia GM: GDP: Gross Capital Formation

Gambia Key Series

More Indicators for Gambia