Taxes less subsidies on products (current LCU), annual growth rate in Gambia
Gambia: Taxes less subsidies on products (current LCU), annual growth rate was 11.31 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Gambia, 2005–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), annual growth rate in Gambia is 11.31 % change on previous year, measured in 2025.
The figure is down 59.0% on the previous year and down 57.8% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Gambia peaked at 32.52 % change on previous year in 2023 and was at its lowest, -8.11 % change on previous year, in 2008.
Gambia ranks 66th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Gambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2005 | -3.65 % change on previous year | — |
| 2006 | 18.44 % change on previous year | -605.7% |
| 2007 | 16.06 % change on previous year | -12.9% |
| 2008 | -8.11 % change on previous year | -150.5% |
| 2009 | 27.64 % change on previous year | -441.0% |
| 2010 | -7.04 % change on previous year | -125.5% |
| 2011 | 6.16 % change on previous year | -187.5% |
| 2012 | 6.07 % change on previous year | -1.4% |
| 2013 | 18.83 % change on previous year | +210.0% |
| 2014 | 21.09 % change on previous year | +12.0% |
| 2015 | 26.77 % change on previous year | +26.9% |
| 2016 | 5.49 % change on previous year | -79.5% |
| 2017 | -0.4629 % change on previous year | -108.4% |
| 2018 | 18.19 % change on previous year | -4029.3% |
| 2019 | 13.22 % change on previous year | -27.3% |
| 2020 | 2.92 % change on previous year | -77.9% |
| 2021 | 1.61 % change on previous year | -44.9% |
| 2022 | -4.88 % change on previous year | -403.7% |
| 2023 | 32.52 % change on previous year | -767.0% |
| 2024 | 27.59 % change on previous year | -15.2% |
| 2025 | 11.31 % change on previous year | -59.0% |
Gambia compared with similar countries
- Gambia's 11.31 % change on previous year is below the median for low income countries, which is 12.28 % change on previous year, 92% of the median. (22 countries reporting)
- Gambia's 11.31 % change on previous year is above the median for Sub-Saharan Africa, which is 10.33 % change on previous year, 1.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), 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 |
|---|---|---|---|
| 2018 | +4029.3% | -0.4629 % change on previous year | 18.19 % change on previous year |
| 2023 | +767.0% | -4.88 % change on previous year | 32.52 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.08 % change on previous year | -8.11 % change on previous year | 27.64 % change on previous year | 5 |
| 2010s | 10.83 % change on previous year | -7.04 % change on previous year | 26.77 % change on previous year | 10 |
| 2020s | 11.84 % change on previous year | -4.88 % change on previous year | 32.52 % change on previous year | 6 |
Countries ranked near Gambia
- 63 Madagascar 11.63 % change on previous year compare
- 64 Nicaragua 11.52 % change on previous year compare
- 65 Djibouti 11.38 % change on previous year compare
- 67 Tanzania 11.27 % change on previous year compare
- 68 Russia 11.08 % change on previous year compare
- 69 Egypt 10.97 % change on previous year compare
More economy & growth data for Gambia
- 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 taxes less subsidies on products (current lcu), annual growth rate in Gambia?
- Taxes less subsidies on products (current lcu), annual growth rate in Gambia was 11.31 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Gambia?
- The highest recorded value was 32.52 % change on previous year in 2023.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Gambia?
- The lowest recorded value was -8.11 % change on previous year in 2008.
- How does Gambia rank for taxes less subsidies on products (current lcu), annual growth rate?
- Gambia ranks 66th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Gambia?
- Over the last ten years it is down 57.8%. 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 Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 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 Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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 Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.