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Total debt service in Gambia

Gambia: Total debt service was 8.1% in 2024. ▲ Rising

Latest (2024)
8.1%
Change on year
up 8.7%
World rank
90th
of 120 countries
All-time high
33.2%
in 1986
All-time low
4.7%
in 1978
Years of data
42
1978–2024

Total debt service in Gambia, 1978–2024

01020301978200120241978: 4.7 % of exports of goods, services and primary income1979: 6.5 % of exports of goods, services and primary income1980: 6.2 % of exports of goods, services and primary income1981: 10.5 % of exports of goods, services and primary income1982: 20.2 % of exports of goods, services and primary income1983: 17 % of exports of goods, services and primary income1984: 10.9 % of exports of goods, services and primary income1985: 10.3 % of exports of goods, services and primary income1986: 33.2 % of exports of goods, services and primary income1987: 20.4 % of exports of goods, services and primary income1988: 15.6 % of exports of goods, services and primary income1989: 14.2 % of exports of goods, services and primary income1990: 22.2 % of exports of goods, services and primary income1991: 13.6 % of exports of goods, services and primary income1992: 12.7 % of exports of goods, services and primary income1993: 11.5 % of exports of goods, services and primary income1994: 14.1 % of exports of goods, services and primary income1995: 15.6 % of exports of goods, services and primary income1996: 12.5 % of exports of goods, services and primary income1997: 11.8 % of exports of goods, services and primary income2003: 14.8 % of exports of goods, services and primary income2004: 20.9 % of exports of goods, services and primary income2005: 15.1 % of exports of goods, services and primary income2006: 14.7 % of exports of goods, services and primary income2007: 13.4 % of exports of goods, services and primary income2008: 5.4 % of exports of goods, services and primary income2009: 6.9 % of exports of goods, services and primary income2010: 9 % of exports of goods, services and primary income2011: 10.7 % of exports of goods, services and primary income2012: 9.7 % of exports of goods, services and primary income2013: 11.6 % of exports of goods, services and primary income2014: 17.9 % of exports of goods, services and primary income2015: 18.6 % of exports of goods, services and primary income2016: 23 % of exports of goods, services and primary income2017: 15.4 % of exports of goods, services and primary income2018: 13.2 % of exports of goods, services and primary income2019: 12.7 % of exports of goods, services and primary income2020: 22.2 % of exports of goods, services and primary income2021: 29 % of exports of goods, services and primary income2022: 14.7 % of exports of goods, services and primary income2023: 7.5 % of exports of goods, services and primary income2024: 8.1 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

In 2024, total debt service in Gambia stood at 8.1%.

Compared with earlier readings it is up 8.7% on the previous year and down 54.6% over ten years.

Over the whole period, total debt service in Gambia peaked at 33.2% in 1986 and was at its lowest, 4.7%, in 1978.

That places Gambia 90th out of 120 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 42 years of available data.

Total debt service in Gambia, year by year

Year % of exports of goods, services and primary income Change
1978 4.7% —
1979 6.5% +36.5%
1980 6.2% -3.5%
1981 10.5% +68.0%
1982 20.2% +92.3%
1983 17.0% -15.7%
1984 10.9% -36.1%
1985 10.3% -5.4%
1986 33.2% +223.5%
1987 20.4% -38.5%
1988 15.6% -23.5%
1989 14.2% -9.4%
1990 22.2% +57.0%
1991 13.6% -38.9%
1992 12.7% -6.2%
1993 11.5% -9.5%
1994 14.1% +22.4%
1995 15.6% +10.5%
1996 12.5% -19.6%
1997 11.8% -6.3%
2003 14.8% +25.8%
2004 20.9% +41.5%
2005 15.1% -28.0%
2006 14.7% -2.5%
2007 13.4% -8.9%
2008 5.4% -59.8%
2009 6.9% +27.3%
2010 9.0% +30.9%
2011 10.7% +18.9%
2012 9.7% -9.4%
2013 11.6% +19.6%
2014 17.9% +55.0%
2015 18.6% +3.9%
2016 23.0% +23.8%
2017 15.4% -33.2%
2018 13.2% -14.4%
2019 12.7% -3.5%
2020 22.2% +74.5%
2021 29.0% +30.7%
2022 14.7% -49.1%
2023 7.5% -49.2%
2024 8.1% +8.7%

Gambia compared with similar countries

  • Gambia's 8.1% is below the median for low income countries, which is 9.3%, 87% of the median. (22 countries reporting)
  • Gambia's 8.1% is below the median for Sub-Saharan Africa, which is 11.8%, 69% of the median. (44 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.6% 4.7% 6.5% 2
1980s 15.8% 6.2% 33.2% 10
1990s 14.3% 11.5% 22.2% 8
2000s 13.0% 5.4% 20.9% 7
2010s 14.2% 9.0% 23.0% 10
2020s 16.3% 7.5% 29.0% 5

Countries ranked near Gambia

  1. 87 China 8.6% compare
  2. 88 Mauritius 8.5% compare
  3. 89 Chad 8.5% compare
  4. 91 Albania 8.0% compare
  5. 92 Rwanda 8.0% compare
  6. 93 Vietnam 7.7% compare

See the full ranking of 132 places →

More economy & growth data for Gambia

All data for Gambia →

Frequently asked questions

What is total debt service in Gambia?
Total debt service in Gambia was 8.1% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest total debt service recorded in Gambia?
The highest recorded value was 33.2% in 1986.
What is the lowest total debt service recorded in Gambia?
The lowest recorded value was 4.7% in 1978.
How does Gambia rank for total debt service?
Gambia ranks 90th out of 120 countries with data for 2024.
Is total debt service rising or falling in Gambia?
Over the last ten years it is down 54.6%. The long-run trend across the full record is rising.
Where does this Gambia data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Total debt service in Gambia. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/total-debt-service-percent-of-exports-of-goods-services-and-primary-income/gambia-the/

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About this data

Indicator
Total debt service (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
132 places, 5,268 data points, 1970–2024
Last refreshed

Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.