External debt stocks in Gambia
Gambia: External debt stocks was 66.4% in 2024. ◆ Volatile
External debt stocks in Gambia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, external debt stocks in Gambia stood at 66.4%.
The figure is up 18.9% on the previous year and up 42.7% over ten years.
Over the whole period, external debt stocks in Gambia peaked at 138.6% in 2003 and was at its lowest, 9.7%, in 1970.
That places Gambia 32nd out of 122 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.
External debt stocks in Gambia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 9.7% | — |
| 1971 | 10.1% | +3.7% |
| 1972 | 12.8% | +27.2% |
| 1973 | 12.0% | -6.3% |
| 1974 | 12.9% | +7.7% |
| 1975 | 11.7% | -9.5% |
| 1976 | 13.6% | +16.5% |
| 1977 | 27.2% | +99.7% |
| 1978 | 29.1% | +6.9% |
| 1979 | 39.7% | +36.5% |
| 1980 | 57.7% | +45.4% |
| 1981 | 81.9% | +41.8% |
| 1982 | 98.8% | +20.7% |
| 1983 | 106.0% | +7.3% |
| 1984 | 129.1% | +21.7% |
| 1985 | 97.6% | -24.4% |
| 1986 | 126.1% | +29.1% |
| 1987 | 130.4% | +3.4% |
| 1988 | 119.6% | -8.3% |
| 1989 | 126.4% | +5.7% |
| 1990 | 126.6% | +0.2% |
| 1991 | 57.2% | -54.8% |
| 1992 | 58.0% | +1.4% |
| 1993 | 57.9% | -0.2% |
| 1994 | 58.1% | +0.3% |
| 1995 | 55.3% | -4.8% |
| 1996 | 54.3% | -1.8% |
| 1997 | 54.5% | +0.2% |
| 1998 | 56.4% | +3.6% |
| 1999 | 60.0% | +6.5% |
| 2000 | 65.1% | +8.5% |
| 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% | -7.3% |
| 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 |
|---|---|---|---|---|
| 1970s | 17.9% | 9.7% | 39.7% | 10 |
| 1980s | 107.4% | 57.7% | 130.4% | 10 |
| 1990s | 63.8% | 54.3% | 126.6% | 10 |
| 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)
- Exports of goods and services (current LCU), annual growth rate 66.24 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 9.13 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 8,394 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 33.99 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1038 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 95.38 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 45.48 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.4039 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks in Gambia?
- External debt stocks in Gambia was 66.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Gambia?
- The highest recorded value was 138.6% in 2003.
- What is the lowest external debt stocks recorded in Gambia?
- The lowest recorded value was 9.7% in 1970.
- How does Gambia rank for external debt stocks?
- Gambia ranks 32nd out of 122 countries with data for 2024.
- Is external debt stocks rising or falling in Gambia?
- Over the last ten years it is up 42.7%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.