Annual GDP growth (%) in Gambia
Gambia: Annual GDP growth (%) was 5.6% in 2024. ◆ Volatile
Annual GDP growth in Gambia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Gambia stood at 5.6%.
The figure is down 6.2% on the previous year and up 494.4% over ten years.
Over the whole period, annual gdp growth in Gambia peaked at 7.2% in 2018 and was at its lowest, -8.1%, in 2011.
Gambia ranks 36th of 230 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.5% | — |
| 2001 | 5.8% | +5.5% |
| 2002 | -3.2% | -156.0% |
| 2003 | 6.9% | -311.4% |
| 2004 | 7.0% | +2.6% |
| 2005 | -2.4% | -133.4% |
| 2006 | -0.6% | -76.4% |
| 2007 | 3.0% | -647.8% |
| 2008 | 6.3% | +105.6% |
| 2009 | 6.7% | +6.6% |
| 2010 | 5.9% | -11.4% |
| 2011 | -8.1% | -237.6% |
| 2012 | 5.2% | -164.5% |
| 2013 | 2.9% | -45.2% |
| 2014 | -1.4% | -149.0% |
| 2015 | 4.1% | -388.3% |
| 2016 | 1.9% | -52.1% |
| 2017 | 4.8% | +148.2% |
| 2018 | 7.2% | +50.0% |
| 2019 | 6.2% | -14.0% |
| 2020 | 0.6% | -90.5% |
| 2021 | 5.3% | +788.6% |
| 2022 | 5.5% | +4.5% |
| 2023 | 5.9% | +7.7% |
| 2024 | 5.6% | -6.2% |
Gambia compared with similar countries
- Gambia's 5.6% is above the median for low income countries, which is 4.1%, 1.3× the median. (23 countries reporting)
- Gambia's 5.6% is above the median for Sub-Saharan Africa, which is 4.1%, 1.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +788.6% | 0.6% | 5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5% | -3.2% | 7.0% | 10 |
| 2010s | 2.9% | -8.1% | 7.2% | 10 |
| 2020s | 4.6% | 0.6% | 5.9% | 5 |
Countries ranked near Gambia
- 33 Turks and Caicos Islands 5.6% compare
- 34 Micronesia 5.6% compare
- 35 Ghana 5.6% compare
- 37 United Republic of Tanzania 5.5% compare
- 38 Guinea 5.4% compare
- 39 Venezuela (Bolivarian Republic of) 5.3% compare
More economy & growth data for Gambia
- Real gdp growth, annual growth rate 7.72 % change on previous year (2023)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 50.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0378 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 34.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 43.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0276 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 25.35 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Gambia?
- Annual gdp growth in Gambia was 5.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Gambia?
- The highest recorded value was 7.2% in 2018.
- What is the lowest annual gdp growth recorded in Gambia?
- The lowest recorded value was -8.1% in 2011.
- How does Gambia rank for annual gdp growth?
- Gambia ranks 36th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Gambia?
- Over the last ten years it is up 494.4%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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