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The Gambia

The Gambia Local currency at current prices Stats

Definitions

  • Aggregate indicators > Gross domestic savings > Current: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
  • Aggregate indicators > Gross savings > Current LCU: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency."
  • Aggregate indicators > Gross value added at factor cost: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency."
  • Aggregate indicators > Net current transfers from abroa: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.
  • Aggregate indicators > Net income from abroad > Current: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency."
  • Aggregate indicators > Net taxes on products > Current : Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency."
  • Expenditure on GDP > Changes in inventories > Current L: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current local currency."
  • Expenditure on GDP > Discrepancy in expenditure estimat: Discrepancy in expenditure estimate of GDP is the discrepancy included in final consumption expenditure, etc. (total consumption, etc.). This discrepancy is included to ensure that GDP from the expenditure side equals GDP measured by the income or output approach. Data are in current local currency."
  • Expenditure on GDP > Exports > Goods and services > Cu: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency."
  • Expenditure on GDP > Gross capital formation > Current : 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."
  • Expenditure on GDP > Gross fixed capital formation > Cu: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency."
  • Value added > Agriculture > Value added > Current LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Value added > Industry > Value added > Current LCU: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Value added > Manufacturing > Value added > Current LCU: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Value added > Services > Etc. > Value added > Current LCU: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
STAT AMOUNT DATE RANK HISTORY
Aggregate indicators > Gross domestic savings > Current 1.22 billion 2009 112th out of 130
Aggregate indicators > Gross savings > Current LCU 3.67 billion 2009 96th out of 109
Aggregate indicators > Gross value added at factor cost 17.4 billion 2009 104th out of 120
Aggregate indicators > Net current transfers from abroa 2.54 billion 2009 74th out of 124
Aggregate indicators > Net income from abroad > Current -1,348,850,000 2007 73th out of 161
Aggregate indicators > Net taxes on products > Current 2.54 billion 2009 85th out of 111
Expenditure on GDP > Changes in inventories > Current L 631.88 million 2004 84th out of 163
Expenditure on GDP > Discrepancy in expenditure estimat -489,700,000 2009 92nd out of 115
Expenditure on GDP > Exports > Goods and services > Cu 5.95 billion 2009 122nd out of 138
Expenditure on GDP > Gross capital formation > Current 5.06 billion 2009 113th out of 130
Expenditure on GDP > Gross fixed capital formation > Cu 2.98 billion 2004 132nd out of 163
Value added > Agriculture > Value added > Current LCU 4.78 billion 2009 87th out of 123
Value added > Industry > Value added > Current LCU 2.69 billion 2009 110th out of 123
Value added > Manufacturing > Value added > Current LCU 865.07 million 2009 109th out of 120
Value added > Services > Etc. > Value added > Current LCU 9.93 billion 2009 103th out of 121

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

Citation

"The Gambia Local currency at current prices Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/The-Gambia/Economy/National-accounts/Local-currency-at-current-prices

The Gambia Economy > National accounts > Local currency at current prices Profiles (Subcategories)

Aggregate indicators 8 Value added 4
Expenditure on GDP 12