Annual growth of the general government final consumption expenditure in Gambia
Gambia: Annual growth of the general government final consumption expenditure was 9.8% in 2024. ◆ Volatile
Latest (2024)
9.8%
Change on year
down 73.6%
World rank
13th
of 181 countries
All-time high
37.2%
in 2023
All-time low
-7.9%
in 2021
Years of data
20
2005–2024
Annual growth of the general government final consumption expenditure in Gambia, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Gambia is 9.8%, measured in 2024.
The figure is down 73.6% on the previous year and up 245.8% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Gambia peaked at 37.2% in 2023 and was at its lowest, -7.9%, in 2021.
Gambia ranks 13th of 181 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.6% | — |
| 2006 | 6.2% | +34.8% |
| 2007 | -0.3% | -104.2% |
| 2008 | 25.8% | -10038.2% |
| 2009 | 5.3% | -79.5% |
| 2010 | 9.2% | +75.6% |
| 2011 | -0.2% | -101.9% |
| 2012 | 2.5% | -1546.3% |
| 2013 | 5.4% | +115.2% |
| 2014 | -6.7% | -224.2% |
| 2015 | 0.7% | -110.8% |
| 2016 | 4.0% | +450.9% |
| 2017 | -6.1% | -252.8% |
| 2018 | 3.7% | -161.0% |
| 2019 | 14.6% | +293.8% |
| 2020 | 31.3% | +114.2% |
| 2021 | -7.9% | -125.2% |
| 2022 | -2.6% | -67.1% |
| 2023 | 37.2% | -1530.3% |
| 2024 | 9.8% | -73.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.3% | -0.3% | 25.8% | 5 |
| 2010s | 2.7% | -6.7% | 14.6% | 10 |
| 2020s | 13.5% | -7.9% | 37.2% | 5 |
Countries ranked near Gambia
- 10 Togo 12.7% compare
- 11 Guinea-Bissau 11.8% compare
- 12 Central African Republic 11.2% compare
- 14 Bangladesh 9.8% compare
- 15 United Republic of Tanzania 9.5% compare
- 16 Malta 9.2% compare
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 the general government final consumption expenditure in Gambia?
- Annual growth of the general government final consumption expenditure in Gambia was 9.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Gambia?
- The highest recorded value was 37.2% in 2023.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Gambia?
- The lowest recorded value was -7.9% in 2021.
- How does Gambia rank for annual growth of the general government final consumption expenditure?
- Gambia ranks 13th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Gambia?
- Over the last ten years it is up 245.8%. 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 growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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