Gross Domestic Product — Value US$ in Gambia
Gambia: Gross Domestic Product — Value US$ was 2,451 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ in Gambia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Gambia stood at 2,451 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 99.4% over ten years.
Over the whole period, gross domestic product — value us$ in Gambia peaked at 2,451 million USD in 2024 and was at its lowest, 160.12 million USD, in 1970.
That places Gambia 203rd out of 236 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ in Gambia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 160.12 million USD | — |
| 1971 | 167.92 million USD | +4.9% |
| 1972 | 218.62 million USD | +30.2% |
| 1973 | 372.53 million USD | +70.4% |
| 1974 | 487.69 million USD | +30.9% |
| 1975 | 584.75 million USD | +19.9% |
| 1976 | 537.62 million USD | -8.1% |
| 1977 | 567.94 million USD | +5.6% |
| 1978 | 675.16 million USD | +18.9% |
| 1979 | 740.23 million USD | +9.6% |
| 1980 | 837.58 million USD | +13.2% |
| 1981 | 887.21 million USD | +5.9% |
| 1982 | 890.6 million USD | +0.4% |
| 1983 | 880.49 million USD | -1.1% |
| 1984 | 861.84 million USD | -2.1% |
| 1985 | 1,087 million USD | +26.2% |
| 1986 | 738.8 million USD | -32.1% |
| 1987 | 826.25 million USD | +11.8% |
| 1988 | 1,036 million USD | +25.4% |
| 1989 | 1,077 million USD | +4.0% |
| 1990 | 1,176 million USD | +9.2% |
| 1991 | 1,147 million USD | -2.4% |
| 1992 | 1,187 million USD | +3.5% |
| 1993 | 1,255 million USD | +5.7% |
| 1994 | 1,241 million USD | -1.1% |
| 1995 | 1,306 million USD | +5.3% |
| 1996 | 1,410 million USD | +7.9% |
| 1997 | 1,336 million USD | -5.3% |
| 1998 | 1,396 million USD | +4.6% |
| 1999 | 1,354 million USD | -3.0% |
| 2000 | 1,301 million USD | -3.9% |
| 2001 | 1,142 million USD | -12.2% |
| 2002 | 960.99 million USD | -15.9% |
| 2003 | 809.42 million USD | -15.8% |
| 2004 | 961.9 million USD | +18.8% |
| 2005 | 1,028 million USD | +6.8% |
| 2006 | 1,054 million USD | +2.6% |
| 2007 | 1,280 million USD | +21.4% |
| 2008 | 1,562 million USD | +22.0% |
| 2009 | 1,450 million USD | -7.1% |
| 2010 | 1,543 million USD | +6.4% |
| 2011 | 1,410 million USD | -8.7% |
| 2012 | 1,415 million USD | +0.4% |
| 2013 | 1,376 million USD | -2.8% |
| 2014 | 1,229 million USD | -10.6% |
| 2015 | 1,378 million USD | +12.1% |
| 2016 | 1,485 million USD | +7.7% |
| 2017 | 1,505 million USD | +1.4% |
| 2018 | 1,668 million USD | +10.8% |
| 2019 | 1,814 million USD | +8.8% |
| 2020 | 1,812 million USD | -0.1% |
| 2021 | 2,049 million USD | +13.1% |
| 2022 | 2,205 million USD | +7.6% |
| 2023 | 2,401 million USD | +8.9% |
| 2024 | 2,451 million USD | +2.1% |
Gambia compared with similar countries
- Gambia's 2,451 million USD is below the median for low income countries, which is 14,019 million USD, 17% of the median. (23 countries reporting)
- Gambia's 2,451 million USD is below the median for Sub-Saharan Africa, which is 17,421 million USD, 14% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$ 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 |
|---|---|---|---|
| 1973 | +70.4% | 218.62 million USD | 372.53 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 451.26 million USD | 160.12 million USD | 740.23 million USD | 10 |
| 1980s | 912.38 million USD | 738.8 million USD | 1,087 million USD | 10 |
| 1990s | 1,281 million USD | 1,147 million USD | 1,410 million USD | 10 |
| 2000s | 1,155 million USD | 809.42 million USD | 1,562 million USD | 10 |
| 2010s | 1,482 million USD | 1,229 million USD | 1,814 million USD | 10 |
| 2020s | 2,184 million USD | 1,812 million USD | 2,451 million USD | 5 |
Countries ranked near Gambia
- 200 Central African Republic 2,752 million USD compare
- 201 Yemen Ar Rp 2,703 million USD compare
- 202 Saint Lucia 2,549 million USD compare
- 204 Eritrea 2,399 million USD compare
- 205 Lesotho 2,272 million USD compare
- 206 Antigua and Barbuda 2,255 million USD 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)
- SDRs holdings, US dollar, annual growth rate 50.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0378 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 34.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 43.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0276 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 25.35 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0279 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Gambia?
- Gross domestic product — value us$ in Gambia was 2,451 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Gambia?
- The highest recorded value was 2,451 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Gambia?
- The lowest recorded value was 160.12 million USD in 1970.
- How does Gambia rank for gross domestic product — value us$?
- Gambia ranks 203rd out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Gambia?
- Over the last ten years it is up 99.4%. 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 US$. 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).