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Macro

The Gambia

Sub-Saharan Africa · Low income · IMF WEO April 2026 · World Bank WDI

GDP▲ 7.6%
Current prices2025
3USD bn
GDP per capita▲ 4.9%
Current prices2025
904USD
Real GDP growth▲ 0.5 pp
Annual change2025
6.0%
Inflation▼ 3.7 pp
Average consumer prices2025
7.9%
Government debt▼ 4.6 pp
General government, gross2025
73.9% of GDP
Current account▲ 1.6 pp
Balance2025
-4.9% of GDP
Population▲ 2.5%
Total2025
2.86million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-8.10.07.21995: 3.3%1996: 2.9%1997: 1.4%1998: 6.5%1999: 6.4%2000: 5.5%2001: 5.8%2002: -3.2%2003: 6.9%2004: 7.0%2005: -2.4%2006: -0.6%2007: 3.0%2008: 6.3%2009: 6.7%2010: 5.9%2011: -8.1%2012: 5.2%2013: 2.9%2014: -1.4%2015: 4.1%2016: 1.9%2017: 4.8%2018: 7.2%2019: 6.2%2020: 0.6%2021: 5.3%2022: 5.5%2023: 5.9%2024: 5.6%2025: 6.0%2026: 5.1% (IMF projection)2027: 5.0% (IMF projection)2028: 5.0% (IMF projection)2029: 5.0% (IMF projection)2030: 5.0% (IMF projection)2031: 5.0% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.017.01995: 7.0%1996: 1.1%1997: 2.8%1998: 1.1%1999: 3.8%2000: 0.9%2001: 4.5%2002: 8.6%2003: 17.0%2004: 14.3%2005: 5.0%2006: 2.1%2007: 5.4%2008: 4.5%2009: 4.6%2010: 5.0%2011: 4.8%2012: 4.6%2013: 5.2%2014: 6.3%2015: 6.8%2016: 7.2%2017: 8.0%2018: 6.5%2019: 7.1%2020: 5.9%2021: 7.4%2022: 11.5%2023: 17.0%2024: 11.6%2025: 7.9%2026: 5.8% (IMF projection)2027: 5.0% (IMF projection)2028: 5.0% (IMF projection)2029: 5.0% (IMF projection)2030: 5.0% (IMF projection)2031: 5.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %5.35.55.95.66.05.15.05.05.05.0
Inflation, average consumer prices %7.411.517.011.67.95.85.05.05.05.0
GDP, current prices USD bn2222333344
GDP per capita, current prices USD7918058588629049531,0061,0631,1141,172
GDP per capita, PPP Int. USD2,7673,0493,2663,4473,6653,8654,0464,2134,3924,582
General government gross debt % of GDP83.183.977.478.573.968.361.656.451.848.1
General government net lending/borrowing % of GDP-4.8-5.7-3.6-4.0-2.9-1.0-0.4-0.6-0.5-0.5
Current account balance % of GDP-4.2-4.2-5.4-6.5-4.9-5.1-4.1-3.5-3.0-2.7
Population million2.592.652.722.792.862.933.003.083.163.24

Government debt, % of GDP

General government gross debt
0.093.92000: 73%2001: 75%2002: 94%2003: 92%2004: 81%2005: 83%2006: 87%2007: 38%2008: 40%2009: 39%2010: 43%2011: 49%2012: 49%2013: 58%2014: 71%2015: 69%2016: 80%2017: 87%2018: 84%2019: 83%2020: 86%2021: 83%2022: 84%2023: 77%2024: 78%2025: 74%2026: 68% (IMF projection)2027: 62% (IMF projection)2028: 56% (IMF projection)2029: 52% (IMF projection)2030: 48% (IMF projection)2031: 44% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-10.00.02000: -3.4%2001: -3.3%2002: -3.7%2003: -4.6%2004: -2.7%2005: -6.3%2006: -4.3%2007: -5.2%2008: -7.6%2009: -7.8%2010: -10.0%2011: -7.4%2012: -4.5%2013: -6.7%2014: -7.3%2015: -9.9%2016: -9.2%2017: -7.4%2018: -9.5%2019: -6.1%2020: -5.8%2021: -4.2%2022: -4.2%2023: -5.4%2024: -6.5%2025: -4.9%2026: -5.1% (IMF projection)2027: -4.1% (IMF projection)2028: -3.5% (IMF projection)2029: -3.0% (IMF projection)2030: -2.7% (IMF projection)2031: -2.3% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199521.414.98.263.8
200532.111.56.350.7
201522.217.16.351.9
202523.815.8–53.1

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method930USD2025+57.6%
GNI, Atlas method3USD bn2025+100.8%
Exports of goods and services12.7% of GDP2025-2.8 pp
Imports of goods and services49.4% of GDP2025+20.5 pp
Life expectancy at birth66.1years2024+5.6%
Urban population65.0% of total2025+5.7 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)