Gambia - Gross capital formation (current LCU)

Gross capital formation (current LCU) in Gambia was at 8354938900 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 gambia gross capital formation current lcu wb data




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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.


Gambia | Economy & Growth

GDP (current US$)
938794719 USD
GDP (current LCU)
39904596100 LCU
GDP (constant 2000 US$)
1067687903 USD
GDP (constant LCU)
24251196000 LCU
GNI (current US$)
820322625 USD
GNI (current LCU)
34234524100 LCU
GNI (constant 2000 US$)
982267102 USD
GNI (constant LCU)
22310948691 LCU