Annual growth of exports of goods and services in Gambia
Gambia: Annual growth of exports of goods and services was 17.5% in 2024. ◆ Volatile
Latest (2024)
17.5%
Change on year
down 12.1%
World rank
21st
of 176 countries
All-time high
51.1%
in 2017
All-time low
-49.9%
in 2020
Years of data
20
2005–2024
Annual growth of exports of goods and services in Gambia, 2005–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of exports of goods and services in Gambia stood at 17.5%.
That represents a change of down 12.1% on the previous year and up 61.1% over ten years.
Over the whole period, annual growth of exports of goods and services in Gambia peaked at 51.1% in 2017 and was at its lowest, -49.9%, in 2020.
That places Gambia 21st out of 176 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | -4.9% | — |
| 2006 | 10.3% | -311.5% |
| 2007 | -9.4% | -191.5% |
| 2008 | -18.2% | +92.7% |
| 2009 | 16.6% | -191.0% |
| 2010 | -3.6% | -121.9% |
| 2011 | 11.8% | -424.6% |
| 2012 | 18.0% | +53.2% |
| 2013 | -2.3% | -113.0% |
| 2014 | 10.9% | -564.1% |
| 2015 | -23.5% | -316.0% |
| 2016 | -12.6% | -46.2% |
| 2017 | 51.1% | -505.1% |
| 2018 | 34.5% | -32.5% |
| 2019 | -6.3% | -118.3% |
| 2020 | -49.9% | +688.9% |
| 2021 | -26.8% | -46.3% |
| 2022 | 9.0% | -133.7% |
| 2023 | 19.9% | +120.7% |
| 2024 | 17.5% | -12.1% |
Gambia compared with similar countries
- Gambia's 17.5% is above the median for low income countries, which is 11.8%, 1.5× the median. (22 countries reporting)
- Gambia's 17.5% is above the median for Sub-Saharan Africa, which is 4.5%, 3.9× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.1% | -18.2% | 16.6% | 5 |
| 2010s | 7.8% | -23.5% | 51.1% | 10 |
| 2020s | -6.1% | -49.9% | 19.9% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -665,150 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0003 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -0.241 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 232.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.05 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0966 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is annual growth of exports of goods and services in Gambia?
- Annual growth of exports of goods and services in Gambia was 17.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Gambia?
- The highest recorded value was 51.1% in 2017.
- What is the lowest annual growth of exports of goods and services recorded in Gambia?
- The lowest recorded value was -49.9% in 2020.
- How does Gambia rank for annual growth of exports of goods and services?
- Gambia ranks 21st out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Gambia?
- Over the last ten years it is up 61.1%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).