Annual GDP growth in Gambia
Gambia: Annual GDP growth was 5.6% in 2024. ◆ Volatile
Latest (2024)
5.6%
Change on year
down 6.2%
World rank
29th
of 196 countries
All-time high
7.2%
in 2018
All-time low
-8.1%
in 2011
Years of data
25
2000–2024
Annual GDP growth in Gambia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
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 29th of 196 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 | Value | 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% |
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
More economy & growth data for Gambia
- 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 14.48 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 66.54 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 61,155 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.15 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7807 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 717.55 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 6.15 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 29.36 constant LCU per US$ of GDP (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 29th out of 196 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).