Gross Domestic Product — Value Standard Local Currency, 2015 prices in Gambia
Gambia: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 88,262 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Gambia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Gambia recorded 88,262 million SLC for gross domestic product — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
The figure is up 5.7% on the previous year and up 56.8% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Gambia peaked at 88,262 million SLC in 2024 and was at its lowest, 15,275 million SLC, in 1971.
That places Gambia 128th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Gambia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 15,285 million SLC | — |
| 1971 | 15,275 million SLC | -0.1% |
| 1972 | 15,312 million SLC | +0.2% |
| 1973 | 16,728 million SLC | +9.3% |
| 1974 | 17,712 million SLC | +5.9% |
| 1975 | 18,791 million SLC | +6.1% |
| 1976 | 18,541 million SLC | -1.3% |
| 1977 | 18,830 million SLC | +1.6% |
| 1978 | 19,772 million SLC | +5.0% |
| 1979 | 19,137 million SLC | -3.2% |
| 1980 | 19,184 million SLC | +0.2% |
| 1981 | 22,645 million SLC | +18.0% |
| 1982 | 24,236 million SLC | +7.0% |
| 1983 | 23,386 million SLC | -3.5% |
| 1984 | 24,047 million SLC | +2.8% |
| 1985 | 24,863 million SLC | +3.4% |
| 1986 | 25,396 million SLC | +2.1% |
| 1987 | 26,175 million SLC | +3.1% |
| 1988 | 27,507 million SLC | +5.1% |
| 1989 | 28,493 million SLC | +3.6% |
| 1990 | 29,517 million SLC | +3.6% |
| 1991 | 30,367 million SLC | +2.9% |
| 1992 | 31,433 million SLC | +3.5% |
| 1993 | 32,380 million SLC | +3.0% |
| 1994 | 32,430 million SLC | +0.2% |
| 1995 | 32,716 million SLC | +0.9% |
| 1996 | 34,106 million SLC | +4.2% |
| 1997 | 34,249 million SLC | +0.4% |
| 1998 | 35,501 million SLC | +3.7% |
| 1999 | 37,931 million SLC | +6.8% |
| 2000 | 40,258 million SLC | +6.1% |
| 2001 | 42,587 million SLC | +5.8% |
| 2002 | 42,782 million SLC | +0.5% |
| 2003 | 43,767 million SLC | +2.3% |
| 2004 | 47,798 million SLC | +9.2% |
| 2005 | 46,673 million SLC | -2.4% |
| 2006 | 46,414 million SLC | -0.6% |
| 2007 | 47,827 million SLC | +3.0% |
| 2008 | 50,819 million SLC | +6.3% |
| 2009 | 54,206 million SLC | +6.7% |
| 2010 | 57,409 million SLC | +5.9% |
| 2011 | 52,741 million SLC | -8.1% |
| 2012 | 55,506 million SLC | +5.2% |
| 2013 | 57,100 million SLC | +2.9% |
| 2014 | 56,297 million SLC | -1.4% |
| 2015 | 58,581 million SLC | +4.1% |
| 2016 | 59,720 million SLC | +1.9% |
| 2017 | 62,600 million SLC | +4.8% |
| 2018 | 67,128 million SLC | +7.2% |
| 2019 | 71,305 million SLC | +6.2% |
| 2020 | 71,727 million SLC | +0.6% |
| 2021 | 75,497 million SLC | +5.3% |
| 2022 | 79,644 million SLC | +5.5% |
| 2023 | 83,465 million SLC | +4.8% |
| 2024 | 88,262 million SLC | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17,538 million SLC | 15,275 million SLC | 19,772 million SLC | 10 |
| 1980s | 24,593 million SLC | 19,184 million SLC | 28,493 million SLC | 10 |
| 1990s | 33,063 million SLC | 29,517 million SLC | 37,931 million SLC | 10 |
| 2000s | 46,313 million SLC | 40,258 million SLC | 54,206 million SLC | 10 |
| 2010s | 59,839 million SLC | 52,741 million SLC | 71,305 million SLC | 10 |
| 2020s | 79,719 million SLC | 71,727 million SLC | 88,262 million SLC | 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)
- Total reserves minus gold (current US$), annual growth rate 8.98 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.2615 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 227.84 current US$ per person (2024)
- General government final consumption expenditure (current US$) 15.4 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1022 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 93.92 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 22.25 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 7.33 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Gambia?
- Gross domestic product — value standard local currency, 2015 prices in Gambia was 88,262 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Gambia?
- The highest recorded value was 88,262 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Gambia?
- The lowest recorded value was 15,275 million SLC in 1971.
- How does Gambia rank for gross domestic product — value standard local currency, 2015 prices?
- Gambia ranks 128th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Gambia?
- Over the last ten years it is up 56.8%. The long-run trend across the full record is rising.
- Where does this Gambia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).