Nominal Gross Capital Formation for Gambia, The
GMBNIGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.28
Year-over-Year Change
56.78%
Date Range
1/1/2000 - 1/1/2026
Summary
The Nominal Gross Capital Formation for Gambia, The measures the total value of investments in fixed assets and changes in inventories within the Gambian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator provides insight into the level of capital investment and business confidence in The Gambia. It is a key measure of economic growth and development, as increased investment in productive capacity signals expansionary economic conditions.
Methodology
The data is collected and calculated by the Gambian Bureau of Statistics based on national income and product accounts.
Historical Context
Policymakers and analysts use this metric to gauge the health of The Gambia's economy and inform economic and investment decisions.
Key Facts
- Gambia's Nominal Gross Capital Formation peaked at 11.63 billion GMD in 2021.
- Capital investment accounts for around 20% of Gambia's total GDP.
- The Gambian economy has experienced steady growth in capital formation since 2015.
FAQs
Q: What does this economic trend measure?
A: The Nominal Gross Capital Formation for Gambia, The measures the total value of investments in fixed assets and changes in inventories within the Gambian economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the level of capital investment and business confidence in The Gambia, which is a key measure of economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Gambian Bureau of Statistics based on national income and product accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the health of The Gambia's economy and inform economic and investment decisions.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and publication delays common for national statistics.
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Citation
U.S. Federal Reserve, Nominal Gross Capital Formation for Gambia, The (GMBNIGDPPT), retrieved from FRED.