External debt as a share of gross national income in Gambia
Gambia: External debt as a share of gross national income was 66.4% in 2024. ▼ Falling
External debt as a share of gross national income in Gambia, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, external debt as a share of gross national income in Gambia stood at 66.4%.
That represents a change of up 18.9% on the previous year and up 42.6% over ten years.
Over the whole period, external debt as a share of gross national income in Gambia peaked at 138.6% in 2003 and was at its lowest, 25.5%, in 2008.
Gambia ranks 32nd of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
External debt as a share of gross national income in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 65.1% | — |
| 2001 | 75.4% | +15.7% |
| 2002 | 107.1% | +42.1% |
| 2003 | 138.6% | +29.4% |
| 2004 | 72.2% | -47.9% |
| 2005 | 65.8% | -8.8% |
| 2006 | 68.9% | +4.7% |
| 2007 | 55.1% | -20.1% |
| 2008 | 25.5% | -53.8% |
| 2009 | 37.3% | +46.6% |
| 2010 | 35.9% | -3.8% |
| 2011 | 37.4% | +4.2% |
| 2012 | 40.8% | +9.0% |
| 2013 | 43.3% | +6.1% |
| 2014 | 46.5% | +7.4% |
| 2015 | 43.6% | -6.3% |
| 2016 | 42.8% | -1.8% |
| 2017 | 51.1% | +19.5% |
| 2018 | 47.4% | -7.2% |
| 2019 | 47.8% | +0.8% |
| 2020 | 54.0% | +13.1% |
| 2021 | 56.7% | +4.9% |
| 2022 | 54.3% | -4.2% |
| 2023 | 55.8% | +2.8% |
| 2024 | 66.4% | +18.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 71.1% | 25.5% | 138.6% | 10 |
| 2010s | 43.7% | 35.9% | 51.1% | 10 |
| 2020s | 57.4% | 54.0% | 66.4% | 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)
- Services, value added (constant LCU), per capita 15,359 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 7.89 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 8.07 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9275 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 852.41 current US$ per person (2025)
- 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)
Frequently asked questions
- What is external debt as a share of gross national income in Gambia?
- External debt as a share of gross national income in Gambia was 66.4% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest external debt as a share of gross national income recorded in Gambia?
- The highest recorded value was 138.6% in 2003.
- What is the lowest external debt as a share of gross national income recorded in Gambia?
- The lowest recorded value was 25.5% in 2008.
- How does Gambia rank for external debt as a share of gross national income?
- Gambia ranks 32nd out of 121 countries with data for 2024.
- Is external debt as a share of gross national income rising or falling in Gambia?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of External debt as a share of gross national income. Statizoid updates them automatically from the source API.
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About this data
External debt stocks as a proportion of GNI (%).