Gross domestic product (GDP), Constant prices, Purchasing power in Gambia
Gambia: Gross domestic product (GDP), Constant prices, Purchasing power was 5.54 in 2019. ◆ Volatile
Latest (2019)
5.54
Change on year
up 6.1%
World rank
164th
of 193 countries
All-time high
5.54
in 2019
All-time low
0.8336
in 1961
Years of data
60
1960–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Gambia, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Gambia stood at 5.54. That is the highest value across all 60 years on record.
That represents a change of up 6.1% on the previous year and up 31.9% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Gambia peaked at 5.54 in 2019 and was at its lowest, 0.8336, in 1961.
That places Gambia 164th out of 193 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.8848 | — |
| 1961 | 0.8336 | -5.8% |
| 1962 | 0.849 | +1.8% |
| 1963 | 0.859 | +1.2% |
| 1964 | 0.956 | +11.3% |
| 1965 | 1.05 | +10.2% |
| 1966 | 1.07 | +1.2% |
| 1967 | 1.07 | +0.0% |
| 1968 | 1.11 | +4.1% |
| 1969 | 1.15 | +3.2% |
| 1970 | 1.19 | +3.4% |
| 1971 | 1.18 | -0.1% |
| 1972 | 1.19 | +0.2% |
| 1973 | 1.3 | +9.3% |
| 1974 | 1.37 | +5.9% |
| 1975 | 1.46 | +6.1% |
| 1976 | 1.44 | -1.3% |
| 1977 | 1.46 | +1.6% |
| 1978 | 1.53 | +5.0% |
| 1979 | 1.48 | -3.2% |
| 1980 | 1.49 | +0.2% |
| 1981 | 1.76 | +18.0% |
| 1982 | 1.88 | +7.0% |
| 1983 | 1.81 | -3.5% |
| 1984 | 1.86 | +2.8% |
| 1985 | 1.93 | +3.4% |
| 1986 | 1.97 | +2.1% |
| 1987 | 2.03 | +3.1% |
| 1988 | 2.13 | +5.1% |
| 1989 | 2.21 | +3.6% |
| 1990 | 2.29 | +3.6% |
| 1991 | 2.35 | +2.9% |
| 1992 | 2.44 | +3.5% |
| 1993 | 2.51 | +3.0% |
| 1994 | 2.51 | +0.2% |
| 1995 | 2.54 | +0.9% |
| 1996 | 2.64 | +4.2% |
| 1997 | 2.66 | +0.4% |
| 1998 | 2.75 | +3.7% |
| 1999 | 2.94 | +6.8% |
| 2000 | 3.12 | +6.1% |
| 2001 | 3.3 | +5.8% |
| 2002 | 3.32 | +0.5% |
| 2003 | 3.39 | +2.3% |
| 2004 | 3.71 | +9.2% |
| 2005 | 3.62 | -2.4% |
| 2006 | 3.6 | -0.6% |
| 2007 | 3.71 | +3.0% |
| 2008 | 3.94 | +6.3% |
| 2009 | 4.2 | +6.7% |
| 2010 | 4.45 | +5.9% |
| 2011 | 4.09 | -8.1% |
| 2012 | 4.3 | +5.2% |
| 2013 | 4.43 | +2.9% |
| 2014 | 4.36 | -1.4% |
| 2015 | 4.54 | +4.1% |
| 2016 | 4.63 | +1.9% |
| 2017 | 4.85 | +4.8% |
| 2018 | 5.23 | +7.7% |
| 2019 | 5.54 | +6.1% |
Gambia compared with similar countries
- Gambia's 5.54 is below the median for low income countries, which is 29.44, 19% of the median. (23 countries reporting)
- Gambia's 5.54 is below the median for Sub-Saharan Africa, which is 30.24, 18% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.9826 | 0.8336 | 1.15 | 10 |
| 1970s | 1.36 | 1.18 | 1.53 | 10 |
| 1980s | 1.91 | 1.49 | 2.21 | 10 |
| 1990s | 2.56 | 2.29 | 2.94 | 10 |
| 2000s | 3.59 | 3.12 | 4.2 | 10 |
| 2010s | 4.64 | 4.09 | 5.54 | 10 |
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 gross domestic product (gdp), constant prices, purchasing power in Gambia?
- Gross domestic product (gdp), constant prices, purchasing power in Gambia was 5.54 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Gambia?
- The highest recorded value was 5.54 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Gambia?
- The lowest recorded value was 0.8336 in 1961.
- How does Gambia rank for gross domestic product (gdp), constant prices, purchasing power?
- Gambia ranks 164th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Gambia?
- Over the last ten years it is up 31.9%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.