Gambia vs Namibia: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Gambia
- Namibia
How they compare
Namibia currently reports 53.67 billion current LCU against 42.06 billion current LCU in Gambia, a difference of 11.61 billion current LCU.
That makes Namibia's figure about 1.3 times Gambia's.
The two have swapped places 2 times across 13 shared years of data; in 2013 it was Namibia ahead.
Globally, Gambia ranks 65th and Namibia ranks 64th of 105 countries.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.