Annual growth rate of real GDP per capita in Gambia
Gambia: Annual growth rate of real GDP per capita was 3.0% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Gambia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth rate of real gdp per capita in Gambia stood at 3.0%.
Compared with earlier readings it is up 15.4% on the previous year and up 171.4% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Gambia peaked at 6.3% in 2004 and was at its lowest, -10.8%, in 2011.
That places Gambia 78th out of 226 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.3% | — |
| 2001 | 3.0% | -9.1% |
| 2002 | -2.2% | -173.3% |
| 2003 | -0.4% | -81.8% |
| 2004 | 6.3% | -1675.0% |
| 2005 | -5.0% | -179.4% |
| 2006 | -3.4% | -32.0% |
| 2007 | 0.1% | -102.9% |
| 2008 | 3.2% | +3100.0% |
| 2009 | 3.6% | +12.5% |
| 2010 | 2.9% | -19.4% |
| 2011 | -10.8% | -472.4% |
| 2012 | 2.2% | -120.4% |
| 2013 | -0.1% | -104.5% |
| 2014 | -4.2% | +4100.0% |
| 2015 | 1.3% | -131.0% |
| 2016 | -0.7% | -153.8% |
| 2017 | 2.2% | -414.3% |
| 2018 | 4.7% | +113.6% |
| 2019 | 3.7% | -21.3% |
| 2020 | -1.8% | -148.6% |
| 2021 | 2.8% | -255.6% |
| 2022 | 3.1% | +10.7% |
| 2023 | 2.6% | -16.1% |
| 2024 | 3.0% | +15.4% |
Gambia compared with similar countries
- Gambia's 3.0% is above the median for low income countries, which is 1.0%, 3.0× the median. (23 countries reporting)
- Gambia's 3.0% is above the median for Sub-Saharan Africa, which is 1.7%, 1.8× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita 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 |
|---|---|---|---|
| 2014 | -4100.0% | -0.1% | -4.2% |
| 2008 | +3100.0% | 0.1% | 3.2% |
| 2004 | +1675.0% | -0.4% | 6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | -5.0% | 6.3% | 10 |
| 2010s | 0.1% | -10.8% | 4.7% | 10 |
| 2020s | 1.9% | -1.8% | 3.1% | 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 rate of real gdp per capita in Gambia?
- Annual growth rate of real gdp per capita in Gambia was 3.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Gambia?
- The highest recorded value was 6.3% in 2004.
- What is the lowest annual growth rate of real gdp per capita recorded in Gambia?
- The lowest recorded value was -10.8% in 2011.
- How does Gambia rank for annual growth rate of real gdp per capita?
- Gambia ranks 78th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Gambia?
- Over the last ten years it is up 171.4%. 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 growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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