Gross Domestic Product — Value US$, annual growth rate in Gambia
Gambia: Gross Domestic Product — Value US$, annual growth rate was 2.09 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Gambia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value us$, annual growth rate in Gambia stood at 2.09 % change on previous year.
The figure is down 76.5% on the previous year and up 119.7% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Gambia peaked at 70.4 % change on previous year in 1973 and was at its lowest, -32.06 % change on previous year, in 1986.
Gambia ranks 194th of 236 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Gambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.87 % change on previous year | — |
| 1972 | 30.19 % change on previous year | +519.9% |
| 1973 | 70.4 % change on previous year | +133.2% |
| 1974 | 30.91 % change on previous year | -56.1% |
| 1975 | 19.9 % change on previous year | -35.6% |
| 1976 | -8.06 % change on previous year | -140.5% |
| 1977 | 5.64 % change on previous year | -170.0% |
| 1978 | 18.88 % change on previous year | +234.7% |
| 1979 | 9.64 % change on previous year | -49.0% |
| 1980 | 13.15 % change on previous year | +36.5% |
| 1981 | 5.93 % change on previous year | -54.9% |
| 1982 | 0.3819 % change on previous year | -93.6% |
| 1983 | -1.13 % change on previous year | -397.2% |
| 1984 | -2.12 % change on previous year | +86.6% |
| 1985 | 26.18 % change on previous year | -1336.1% |
| 1986 | -32.06 % change on previous year | -222.5% |
| 1987 | 11.84 % change on previous year | -136.9% |
| 1988 | 25.43 % change on previous year | +114.8% |
| 1989 | 3.95 % change on previous year | -84.5% |
| 1990 | 9.17 % change on previous year | +131.9% |
| 1991 | -2.45 % change on previous year | -126.7% |
| 1992 | 3.47 % change on previous year | -241.6% |
| 1993 | 5.71 % change on previous year | +64.6% |
| 1994 | -1.13 % change on previous year | -119.8% |
| 1995 | 5.29 % change on previous year | -567.6% |
| 1996 | 7.92 % change on previous year | +49.6% |
| 1997 | -5.26 % change on previous year | -166.4% |
| 1998 | 4.56 % change on previous year | -186.7% |
| 1999 | -3.04 % change on previous year | -166.7% |
| 2000 | -3.9 % change on previous year | +28.3% |
| 2001 | -12.2 % change on previous year | +212.5% |
| 2002 | -15.88 % change on previous year | +30.2% |
| 2003 | -15.77 % change on previous year | -0.7% |
| 2004 | 18.84 % change on previous year | -219.4% |
| 2005 | 6.84 % change on previous year | -63.7% |
| 2006 | 2.57 % change on previous year | -62.4% |
| 2007 | 21.4 % change on previous year | +732.8% |
| 2008 | 22.04 % change on previous year | +3.0% |
| 2009 | -7.15 % change on previous year | -132.4% |
| 2010 | 6.42 % change on previous year | -189.9% |
| 2011 | -8.66 % change on previous year | -234.8% |
| 2012 | 0.3767 % change on previous year | -104.4% |
| 2013 | -2.78 % change on previous year | -839.0% |
| 2014 | -10.62 % change on previous year | +281.7% |
| 2015 | 12.1 % change on previous year | -213.9% |
| 2016 | 7.72 % change on previous year | -36.2% |
| 2017 | 1.37 % change on previous year | -82.3% |
| 2018 | 10.82 % change on previous year | +689.8% |
| 2019 | 8.75 % change on previous year | -19.1% |
| 2020 | -0.0794 % change on previous year | -100.9% |
| 2021 | 13.06 % change on previous year | -16553.3% |
| 2022 | 7.61 % change on previous year | -41.8% |
| 2023 | 8.91 % change on previous year | +17.1% |
| 2024 | 2.09 % change on previous year | -76.5% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +16553.3% | -0.0794 % change on previous year | 13.06 % change on previous year |
| 1985 | +1336.1% | -2.12 % change on previous year | 26.18 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.26 % change on previous year | -8.06 % change on previous year | 70.4 % change on previous year | 9 |
| 1980s | 5.15 % change on previous year | -32.06 % change on previous year | 26.18 % change on previous year | 10 |
| 1990s | 2.42 % change on previous year | -5.26 % change on previous year | 9.17 % change on previous year | 10 |
| 2000s | 1.68 % change on previous year | -15.88 % change on previous year | 22.04 % change on previous year | 10 |
| 2010s | 2.55 % change on previous year | -10.62 % change on previous year | 12.1 % change on previous year | 10 |
| 2020s | 6.32 % change on previous year | -0.0794 % change on previous year | 13.06 % change on previous year | 5 |
Countries ranked near Gambia
- 191 Latvia 2.23 % change on previous year compare
- 192 Qatar 2.19 % change on previous year compare
- 193 Burundi 2.19 % change on previous year compare
- 195 Thailand 2.04 % change on previous year compare
- 196 Guinea-Bissau 2.02 % change on previous year compare
- 197 Democratic People's Republic of Korea 2 % change on previous year compare
More economy & growth data for Gambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Gambia?
- Gross domestic product — value us$, annual growth rate in Gambia was 2.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Gambia?
- The highest recorded value was 70.4 % change on previous year in 1973.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Gambia?
- The lowest recorded value was -32.06 % change on previous year in 1986.
- How does Gambia rank for gross domestic product — value us$, annual growth rate?
- Gambia ranks 194th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Gambia?
- Over the last ten years it is up 119.7%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.