Taxes less subsidies on products (current LCU), per unit of GDP in Gambia
Gambia: Taxes less subsidies on products (current LCU), per unit of GDP was 5.2 current LCU per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Gambia, 2004–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current lcu), per unit of gdp in Gambia stood at 5.2 current LCU per US$ of GDP. That is the highest value across all 22 years on record.
That represents a change of up 3.2% on the previous year and up 39.8% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Gambia peaked at 5.2 current LCU per US$ of GDP in 2025 and was at its lowest, 1.35 current LCU per US$ of GDP, in 2008.
Gambia ranks 67th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Gambia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2004 | 1.8 current LCU per US$ of GDP | — |
| 2005 | 1.62 current LCU per US$ of GDP | -9.8% |
| 2006 | 1.87 current LCU per US$ of GDP | +15.5% |
| 2007 | 1.79 current LCU per US$ of GDP | -4.4% |
| 2008 | 1.35 current LCU per US$ of GDP | -24.7% |
| 2009 | 1.85 current LCU per US$ of GDP | +37.5% |
| 2010 | 1.62 current LCU per US$ of GDP | -12.7% |
| 2011 | 1.88 current LCU per US$ of GDP | +16.2% |
| 2012 | 1.99 current LCU per US$ of GDP | +5.7% |
| 2013 | 2.43 current LCU per US$ of GDP | +22.2% |
| 2014 | 3.29 current LCU per US$ of GDP | +35.5% |
| 2015 | 3.72 current LCU per US$ of GDP | +13.1% |
| 2016 | 3.65 current LCU per US$ of GDP | -2.1% |
| 2017 | 3.58 current LCU per US$ of GDP | -1.8% |
| 2018 | 3.81 current LCU per US$ of GDP | +6.5% |
| 2019 | 3.97 current LCU per US$ of GDP | +4.3% |
| 2020 | 4.09 current LCU per US$ of GDP | +3.0% |
| 2021 | 3.74 current LCU per US$ of GDP | -8.6% |
| 2022 | 3.25 current LCU per US$ of GDP | -13.1% |
| 2023 | 3.99 current LCU per US$ of GDP | +22.6% |
| 2024 | 5.04 current LCU per US$ of GDP | +26.4% |
| 2025 | 5.2 current LCU per US$ of GDP | +3.2% |
Gambia compared with similar countries
- Gambia's 5.2 current LCU per US$ of GDP is below the median for low income countries, which is 23.98 current LCU per US$ of GDP, 22% of the median. (22 countries reporting)
- Gambia's 5.2 current LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 15.97 current LCU per US$ of GDP, 33% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.71 current LCU per US$ of GDP | 1.35 current LCU per US$ of GDP | 1.87 current LCU per US$ of GDP | 6 |
| 2010s | 2.99 current LCU per US$ of GDP | 1.62 current LCU per US$ of GDP | 3.97 current LCU per US$ of GDP | 10 |
| 2020s | 4.22 current LCU per US$ of GDP | 3.25 current LCU per US$ of GDP | 5.2 current LCU per US$ of GDP | 6 |
Countries ranked near Gambia
- 64 Guyana 6.29 current LCU per US$ of GDP compare
- 65 Ukraine 5.66 current LCU per US$ of GDP compare
- 66 Equatorial Guinea 5.36 current LCU per US$ of GDP compare
- 68 Uruguay 4.76 current LCU per US$ of GDP compare
- 69 Ethiopia 4.56 current LCU per US$ of GDP compare
- 70 Türkiye 4.48 current LCU per US$ of GDP 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$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Gambia?
- Taxes less subsidies on products (current lcu), per unit of gdp in Gambia was 5.2 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Gambia?
- The highest recorded value was 5.2 current LCU per US$ of GDP in 2025.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Gambia?
- The lowest recorded value was 1.35 current LCU per US$ of GDP in 2008.
- How does Gambia rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Gambia ranks 67th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Gambia?
- Over the last ten years it is up 39.8%. The long-run trend across the full record is rising.
- Where does this Gambia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.