Real gdp growth in Gambia, The
Gambia, The: Real gdp growth was 5.92 in 2023. ◆ Volatile
Real gdp growth in Gambia, The, 1980–2023
Source: Our World in Data.
Analysis
Gambia, The recorded 5.92 for real gdp growth in 2023.
Compared with earlier readings it is up 7.7% on the previous year and up 106.0% over ten years.
Over the whole period, real gdp growth in Gambia, The peaked at 20.76 in 1982 and was at its lowest, -9.52, in 1981.
That places Gambia, The 30th out of 196 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth in Gambia, The, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.705 | — |
| 1981 | -9.52 | -1450.8% |
| 1982 | 20.76 | -318.0% |
| 1983 | 13.52 | -34.9% |
| 1984 | -7.62 | -156.4% |
| 1985 | 3.65 | -147.9% |
| 1986 | 2.36 | -35.2% |
| 1987 | 2.8 | +18.4% |
| 1988 | 1.7 | -39.2% |
| 1989 | 4.33 | +154.5% |
| 1990 | 5.7 | +31.5% |
| 1991 | 2.16 | -62.0% |
| 1992 | 1.76 | -18.5% |
| 1993 | 3.83 | +117.4% |
| 1994 | -3.4 | -188.7% |
| 1995 | 3.32 | -197.7% |
| 1996 | 2.91 | -12.5% |
| 1997 | 1.42 | -51.2% |
| 1998 | 6.5 | +358.7% |
| 1999 | 6.4 | -1.6% |
| 2000 | 5.53 | -13.7% |
| 2001 | 5.75 | +4.1% |
| 2002 | -3.25 | -156.4% |
| 2003 | 6.87 | -311.7% |
| 2004 | 7.05 | +2.5% |
| 2005 | -2.35 | -133.4% |
| 2006 | -0.556 | -76.4% |
| 2007 | 3.04 | -647.3% |
| 2008 | 6.26 | +105.6% |
| 2009 | 6.67 | +6.6% |
| 2010 | 5.91 | -11.4% |
| 2011 | -8.13 | -237.6% |
| 2012 | 5.24 | -164.5% |
| 2013 | 2.87 | -45.2% |
| 2014 | -1.41 | -149.0% |
| 2015 | 4.06 | -388.4% |
| 2016 | 1.94 | -52.1% |
| 2017 | 4.82 | +148.2% |
| 2018 | 7.24 | +50.0% |
| 2019 | 6.22 | -14.0% |
| 2020 | 0.591 | -90.5% |
| 2021 | 5.26 | +789.3% |
| 2022 | 5.49 | +4.5% |
| 2023 | 5.92 | +7.7% |
Gambia, The compared with similar countries
- Gambia, The's 5.92 is above the median for low income countries, which is 4.56, 1.3× the median. (24 countries reporting)
- Gambia, The's 5.92 is above the median for Sub-Saharan Africa, which is 4.52, 1.3× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Gambia, The 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 |
|---|---|---|---|
| 1981 | -1450.8% | 0.705 | -9.52 |
| 2021 | +789.3% | 0.591 | 5.26 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.27 | -9.52 | 20.76 | 10 |
| 1990s | 3.06 | -3.4 | 6.5 | 10 |
| 2000s | 3.5 | -3.25 | 7.05 | 10 |
| 2010s | 2.88 | -8.13 | 7.24 | 10 |
| 2020s | 4.31 | 0.591 | 5.92 | 4 |
Countries ranked near Gambia, The
- 27 Cambodia 6.02 compare
- 27 Côte d'Ivoire 6.02 compare
- 29 Uganda 6 compare
- 31 Ghana 5.85 compare
- 32 Mozambique, Republic of 5.5 compare
- 33 Guinea-Bissau 5.2 compare
More economy & growth data for Gambia, The
- Real gdp growth, annual growth rate 7.72 % change on previous year (2023)
- 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)
Frequently asked questions
- What is real gdp growth in Gambia, The?
- Real gdp growth in Gambia, The was 5.92 in 2023, according to Our World in Data.
- What is the highest real gdp growth recorded in Gambia, The?
- The highest recorded value was 20.76 in 1982.
- What is the lowest real gdp growth recorded in Gambia, The?
- The lowest recorded value was -9.52 in 1981.
- How does Gambia, The rank for real gdp growth?
- Gambia, The ranks 30th out of 196 countries with data for 2023.
- Is real gdp growth rising or falling in Gambia, The?
- Over the last ten years it is up 106.0%. The long-run trend across the full record is volatile.
- Where does this Gambia, The data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).