Gambia, The
GMBSub-Saharan Africa Low incomeCapital: Banjul▶About Gambia, The
Gambia, The's GDP is $2.67B (2026), with a population of 2.8M, and GDP per capita of $925. Key indicators include real GDP growth of 5.1%, inflation at 4.9%, government debt at 70.0% of GDP, life expectancy of 65.9 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
The economy of this Sub-Saharan African nation is classified as low income, with a projected GDP of $2.672 billion in 2026. The GDP growth rate is expected to reach 5.1% in the same year, indicating a moderate pace of economic expansion. The GDP per capita is forecasted to be $924.765 in 2026, reflecting the relatively low income levels. Inflation is projected to be 4.9% in 2026, while trade as a percentage of GDP was 42.17% in 2024. The unemployment rate is anticipated to be 6.52% in 2025. The capital city is Banjul. Societally, the population is estimated to be 2,759,988 in 2024. Life expectancy stands at 65.86 years as of 2023. The social landscape is influenced by a mix of traditional and modern elements, with agriculture playing a significant role in the economy and daily life.
▶Economy30 indicators · 2021–2027 · IMF / WB
▶Fiscal & Monetary15 indicators · 2023–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 5.0% | 2027 | ▲ 2.0% | IMF |
| Govt Gross Debt (% of GDP) | 64.2% | 2027 | ▼ 8.3% | IMF |
| Fiscal Balance (% of GDP) | -0.5% | 2027 | ▲ 0.0% | IMF |
| Current Account Balance (% of GDP) | -3.8% | 2027 | ▲ 17.4% | IMF |
| Total Investment (% of GDP) | 26.2% | 2026 | ▲ 8.3% | IMF |
| Gross National Savings (% of GDP) | 21.6% | 2026 | ▲ 12.2% | IMF |
| Inflation, CPI (%, World Bank) | 11.6% | 2024 | ▼ 31.9% | WB |
| Real Interest Rate (%) | 6.2% | 2023 | ▼ 33.9% | WB |
| Lending Interest Rate (%) | 20.8% | 2023 | ▲ 9.2% | WB |
| Deposit Interest Rate (%) | 7.7% | 2023 | ▲ 60.1% | WB |
| Total Reserves incl. Gold (USD) | $577.0M | 2023 | ▲ 1.5% | WB |
| Total Reserves (months of imports) | 5 | 2023 | ▼ 36.5% | WB |
| Official Exchange Rate (per USD) | 67.66 | 2024 | ▲ 10.7% | WB |
| PPP Conversion Factor | 16.98 | 2024 | ▲ 3.3% | WB |
| Broad Money (% of GDP) | 48.5% | 2023 | ▼ 9.3% | WB |
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 42.2% | 2024 | ▲ 5.5% | WB |
| Exports of Goods & Services (% of GDP) | 8.7% | 2024 | ▲ 24.0% | WB |
| Imports of Goods & Services (% of GDP) | 33.4% | 2024 | ▲ 1.6% | WB |
| Exports of Goods & Services (USD) | $210.4M | 2024 | ▲ 25.2% | WB |
| Imports of Goods & Services (USD) | $803.8M | 2024 | ▲ 2.5% | WB |
| Merchandise Exports (USD) | $264.0M | 2024 | ▼ 8.0% | WB |
| Merchandise Imports (USD) | $1.50B | 2024 | ▲ 5.1% | WB |
| FDI Inflows (% of GDP) | 9.7% | 2024 | ▲ 12.0% | WB |
| FDI Outflows (% of GDP) | -0.0% | 2024 | ▼ 8.2% | WB |
| FDI Net Inflows (USD) | $232.4M | 2024 | ▲ 13.0% | WB |
| Personal Remittances Received (USD) | $529.1M | 2024 | ▲ 2.7% | WB |
| Personal Remittances Received (% of GDP) | 22.0% | 2024 | ▲ 1.8% | WB |
| High-Tech Exports (% of manufactured) | 3.3% | 2024 | ▲ 42.9% | WB |
| Current Account Balance (% of GDP) | -4.1% | 2024 | ▲ 17.7% | WB |
| Current Account Balance (USD) | $-99.8M | 2024 | ▲ 16.9% | WB |
▶External Debt7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| External Debt (% of GNI) | 66.4% | 2024 | ▲ 18.9% | WB |
| External Debt Stocks (USD) | $1.64B | 2024 | ▲ 24.0% | WB |
| Total Debt Service (% of GNI) | 3.3% | 2024 | ▲ 38.3% | WB |
| Present Value of External Debt (USD) | $805.7M | 2024 | — | WB |
| Use of IMF Credit (USD) | $271.4M | 2024 | ▲ 8.1% | WB |
| Net ODA Received (% of GNI) | 14.6% | 2023 | ▲ 16.6% | WB |
| Net ODA Received (USD) | $343.9M | 2023 | ▲ 26.2% | WB |
▶Finance7 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 8.7% | 2023 | ▼ 9.3% | WB |
| Bank Capital to Assets Ratio (%) | 12.1% | 2022 | ▲ 9.6% | WB |
| Bank Nonperforming Loans (%) | 4.6% | 2022 | ▼ 11.5% | WB |
| Account Ownership at Financial Institution (%) | 38.2% | 2024 | ▲ 15.6% | WB |
| Account Ownership, Female (%) | 34.9% | 2024 | ▲ 24.2% | WB |
| Account Ownership, Male (%) | 41.7% | 2024 | ▲ 8.7% | WB |
| Firms Using Banks to Finance Investment (%) | 18.3% | 2023 | — | WB |
▶Business Environment1 indicator · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 32 | 2023 | — | WB |
▶Private Sector6 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 42.3% | 2023 | — | WB |
| Firms with Female Top Manager (%) | 17.1% | 2023 | — | WB |
| Firms with Female Participation in Ownership (%) | 8.2% | 2023 | — | WB |
| Firms Offering Training (%) | 20.4% | 2023 | — | WB |
| Average Firm Age (years) | 16 years | 2023 | — | WB |
| Firms Using Computers (%) | 70.5% | 2023 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 2.8M | 2024 | ▲ 2.3% | WB |
| Population Growth (%) | 2.3% | 2024 | ▼ 1.0% | WB |
| Population Density (per km²) | 267 | 2023 | ▲ 2.3% | WB |
| Surface Area (sq km) | 11,300 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 10,120 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 64.3% | 2024 | ▲ 0.8% | WB |
| Urban Population (total) | 1.8M | 2024 | ▲ 3.1% | WB |
| Rural Population (%) | 35.7% | 2024 | ▼ 1.4% | WB |
| Life Expectancy at Birth | 65.9 years | 2023 | ▲ 1.5% | WB |
| Life Expectancy, Male | 64.2 years | 2023 | ▲ 1.5% | WB |
| Life Expectancy, Female | 67.5 years | 2023 | ▲ 1.6% | WB |
| Fertility Rate (births per woman) | 4 | 2023 | ▼ 1.8% | WB |
| Birth Rate (per 1,000) | 30.4 | 2023 | ▼ 1.1% | WB |
| Death Rate (per 1,000) | 6.3 | 2023 | ▼ 5.2% | WB |
| Net Migration | -2,984 | 2025 | ▲ 0.2% | WB |
| Population Ages 0–14 (%) | 40.2% | 2024 | ▼ 1.2% | WB |
| Population Ages 15–64 (%) | 56.7% | 2024 | ▲ 0.7% | WB |
| Population Ages 65+ (%) | 3.1% | 2024 | ▲ 3.4% | WB |
| Age Dependency Ratio (%) | 76.4% | 2024 | ▼ 1.5% | WB |
| Old-Age Dependency Ratio (%) | 5.4% | 2024 | ▲ 2.7% | WB |
| Youth Dependency Ratio (%) | 71.0% | 2024 | ▼ 1.9% | WB |
| Mortality Rate, Adult Male (per 1,000) | 245.6 | 2023 | ▼ 6.6% | WB |
| Mortality Rate, Adult Female (per 1,000) | 196.1 | 2023 | ▼ 7.8% | WB |
▶Labor20 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 807,275 | 2025 | ▲ 3.0% | WB |
| Labor Force Participation (%) | 47.5% | 2025 | ▼ 0.1% | WB |
| Female Labor Force Participation (%) | 45.5% | 2025 | ▲ 0.1% | WB |
| Male Labor Force Participation (%) | 49.5% | 2025 | ▼ 0.3% | WB |
| Unemployment (%) | 6.5% | 2025 | ▲ 0.6% | WB |
| Female Unemployment (%) | 6.1% | 2025 | ▲ 5.9% | WB |
| Male Unemployment (%) | 6.9% | 2025 | ▼ 3.4% | WB |
| Youth Unemployment (%) | 10.9% | 2025 | ▲ 0.3% | WB |
| Employment in Agriculture (%) | 27.6% | 2025 | ▼ 2.6% | WB |
| Employment in Industry (%) | 18.8% | 2025 | ▲ 0.6% | WB |
| Employment in Services (%) | 53.6% | 2025 | ▲ 1.2% | WB |
| Self-Employed (%) | 47.5% | 2023 | — | WB |
| Vulnerable Employment (%) | 63.5% | 2025 | ▼ 0.6% | WB |
| Wage & Salaried Workers (% of total) | 31.4% | 2025 | ▲ 1.2% | WB |
| Part-Time Employment (%) | 39.5% | 2023 | — | WB |
| Employers (% of total employment) | 5.1% | 2025 | ▲ 0.0% | WB |
| Labor Force, Female (% of total) | 48.5% | 2025 | ▲ 0.1% | WB |
| Employment to Population Ratio (%) | 44.4% | 2025 | ▼ 0.1% | WB |
| Self-Employed (% of total) | 68.6% | 2025 | ▼ 0.5% | WB |
| NEET Youth (% not in education/employment) | 39.8% | 2023 | — | WB |
▶Education20 indicators · 2015–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 2.8% | 2023 | ▼ 2.9% | WB |
| Education Spending (% of govt expenditure) | 14.2% | 2025 | ▼ 5.9% | WB |
| Adult Literacy Rate (%) | 51.6% | 2021 | — | WB |
| Female Literacy Rate (%) | 40.5% | 2021 | — | WB |
| Male Literacy Rate (%) | 65.3% | 2021 | — | WB |
| Youth Literacy Rate (%) | 67.5% | 2021 | — | WB |
| Primary School Enrollment (%) | 100.4% | 2025 | ▲ 1.8% | WB |
| Secondary School Enrollment (%) | 107.0% | 2021 | — | WB |
| Tertiary School Enrollment (%) | 13.5% | 2024 | — | WB |
| Primary Completion Rate (%) | 84.2% | 2025 | ▲ 2.7% | WB |
| Lower Secondary Completion Rate (%) | 61.3% | 2025 | ▲ 2.1% | WB |
| Out-of-School Children, Primary | 74,577 | 2025 | ▼ 9.8% | WB |
| Out-of-School Girls, Primary | 22,326 | 2025 | ▼ 18.5% | WB |
| Primary School Teachers | 13,495 | 2025 | ▲ 0.0% | WB |
| Secondary School Teachers | 12,452 | 2021 | ▲ 12.8% | WB |
| Pupil-Teacher Ratio, Primary | 36 | 2018 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 55.8% | 2015 | — | WB |
| Pupil-Teacher Ratio (Primary) | 78.2 | 2020 | — | WB |
| Education Spending, Secondary (% of govt) | 32.8% | 2015 | — | WB |
| Education Spending, Tertiary (% of govt) | 11.3% | 2015 | — | WB |
▶Health42 indicators · 2019–2024 · WHO
▶Energy & Environment14 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 0.2 | 2024 | ▲ 1.6% | WB |
| CO₂ Emissions (total kilotonnes) | 0 | 2024 | ▲ 3.9% | WB |
| Renewable Electricity Output (%) | 1.6% | 2021 | ▼ 1.7% | WB |
| Renewable Energy Consumption (%) | 47.7% | 2022 | ▼ 1.9% | WB |
| Access to Electricity (%) | 66.9% | 2023 | ▲ 2.3% | WB |
| Access to Clean Fuels for Cooking (%) | 1.6% | 2023 | ▼ 5.9% | WB |
| PM2.5 Air Pollution (µg/m³) | 58.4 | 2020 | — | WB |
| Forest Area (%) | 22.3% | 2023 | ▼ 2.5% | WB |
| Forest Area (sq km) | 2,255 | 2023 | ▼ 2.5% | WB |
| Arable Land (%) | 43.5% | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 2.9% | 2024 | ▲ 0.0% | WB |
| Marine Protected Areas (%) | 0.6% | 2024 | ▲ 0.0% | WB |
| Access to Basic Drinking Water (%) | 87.1% | 2024 | ▲ 0.4% | WHO |
| Access to Basic Sanitation (%) | 48.2% | 2024 | ▲ 0.5% | WHO |
▶Agriculture11 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 62.6% | 2023 | ▲ 0.0% | WB |
| Cereal Yield (kg per hectare) | 801 | 2023 | ▼ 0.5% | WB |
| Food Production Index (2014–2016=100) | 71.1 | 2022 | ▲ 8.1% | WB |
| Crop Production Index (2014–2016=100) | 70.8 | 2022 | ▲ 12.3% | WB |
| Livestock Production Index (2014–2016=100) | 73.3 | 2022 | ▲ 0.2% | WB |
| Land Under Cereal Production (hectares) | 161,065 | 2023 | ▲ 20.4% | WB |
| Total Fisheries Production (metric tonnes) | 55,455 | 2023 | ▲ 2.8% | WB |
| Fertilizer Consumption (kg per hectare) | 15.6 | 2023 | ▲ 596.4% | WB |
| Prevalence of Undernourishment (%) | 16.8% | 2023 | ▼ 8.2% | WB |
| Annual Freshwater Withdrawals (% of internal) | 3.4% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 128,972 | 2023 | ▲ 19.7% | WB |
▶Technology9 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 45.9% | 2023 | ▲ 4.3% | WB |
| Mobile Subscriptions (per 100 people) | 107 | 2022 | ▼ 1.9% | WB |
| Fixed Broadband Subscriptions (per 100) | 0.2 | 2022 | ▲ 11.2% | WB |
| Secure Internet Servers (per million) | 58.7 | 2024 | ▲ 12.3% | WB |
| Patent Applications, Non-Residents | 91 | 2021 | ▲ 37.9% | WB |
| Scientific Journal Articles | 78 | 2022 | ▼ 2.5% | WB |
| High-Technology Exports (USD) | $7,739 | 2024 | ▼ 48.2% | WB |
| ICT Service Exports (% of service exports) | 0.3% | 2024 | ▼ 18.8% | WB |
| ICT Service Exports (USD) | $1.5M | 2024 | ▲ 0.4% | WB |
▶Infrastructure6 indicators · 2019–2022 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 109,542 | 2019 | — | WB |
| Air Transport, Freight (million ton-km) | 0 | 2019 | — | WB |
| Container Port Traffic (TEU) | 71,470 | 2019 | — | WB |
| Logistics Performance Index (1–5) | 2.30 | 2022 | — | WB |
| Electricity from Oil (%) | 98.4% | 2021 | ▲ 0.0% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender9 indicators · 2016–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 8.6% | 2023 | ▲ 0.0% | WB |
| Female Labor Force Participation, 15+ (%) | 45.4% | 2023 | — | WB |
| Female Wage & Salaried Workers (%) | 17.7% | 2025 | ▲ 1.3% | WB |
| Girls Out-of-School Rate (%) | 107.1% | 2016 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 58.1 | 2023 | ▼ 1.8% | WB |
| Women Who Believe Husband Can Beat Wife (%) | 51.4% | 2020 | — | WB |
| Gender Parity Index, Primary | 103.56 | 2016 | — | WB |
| Gender Parity Index, Secondary | 1.18 | 2021 | — | WB |
| Gender Parity in Primary Education | 1.12 | 2022 | ▼ 0.7% | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | -0.28 | 2023 | ▼ 2.0% | WB |
| Government Effectiveness | -0.59 | 2023 | ▲ 9.6% | WB |
| Political Stability | -0.01 | 2023 | ▼ 127.3% | WB |
| Regulatory Quality | -0.64 | 2023 | ▲ 10.5% | WB |
| Rule of Law | -0.37 | 2023 | ▲ 17.8% | WB |
| Voice & Accountability | -0.04 | 2023 | ▼ 0.6% | WB |
| Control of Corruption (percentile rank) | 46.2% | 2023 | ▼ 1.0% | WB |
| Government Effectiveness (percentile rank) | 29.7% | 2023 | ▲ 8.6% | WB |
| Rule of Law (percentile rank) | 38.2% | 2023 | ▲ 1.3% | WB |
| Political Stability (percentile rank) | 46.0% | 2023 | ▼ 4.5% | WB |
▶Military5 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 0.6% | 2024 | ▼ 1.1% | WB |
| Military Expenditure (USD) | $14.4M | 2024 | ▲ 3.5% | WB |
| Armed Forces Personnel | 4,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 0.6% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 2.5% | 2024 | ▲ 2.5% | WB |
▶Poverty & Inequality12 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Poverty at $2.15/day (%) | 22.0% | 2020 | — | WB |
| Poverty at $3.65/day (%) | 40.2% | 2020 | — | WB |
| Poverty at $6.85/day (%) | 78.2% | 2020 | — | WB |
| Poverty Headcount, National (%) | 53.4% | 2020 | — | WB |
| Gini Index | 38.8 | 2020 | — | WB |
| Income Share, Top 10% | 30.5% | 2020 | — | WB |
| Income Share, Bottom 10% | 2.6% | 2020 | — | WB |
| Income Share, Top 20% | 45.6% | 2020 | — | WB |
| Income Share, Bottom 20% | 6.6% | 2020 | — | WB |
| Shared Prosperity Premium (%) | -0.1% | 2020 | — | WB |
| Survey Mean Consumption (2017 PPP $ per day) | 6.47 | 2020 | — | WB |
| Poverty Gap at $2.15/day (%) | 5.9% | 2020 | — | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.42 | 2020 | — | WB |
| Human Capital Index, Female | 0.44 | 2020 | — | WB |
| Human Capital Index, Male | 0.41 | 2020 | — | WB |
| Learning-Adjusted Years of School | 5.4 years | 2020 | — | WB |
▶Tourism5 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 246,000 | 2020 | — | WB |
| Tourism Receipts (USD) | $53.0M | 2020 | — | WB |
| Tourism Expenditures (USD) | $5.2M | 2020 | — | WB |
| Tourism Receipts (% of total exports) | 30.2% | 2020 | — | WB |
| International Tourism, Transport Services (USD) | $6.0M | 2020 | — | WB |
▶Urban Development7 indicators · 2022–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 3.1% | 2024 | ▼ 1.9% | WB |
| Population in Largest City | 510,303 | 2025 | ▲ 3.1% | WB |
| Population in Largest City (% of urban) | 27.8% | 2025 | ▼ 0.3% | WB |
| Population in Slums (% of urban) | 37.1% | 2022 | ▼ 4.7% | WB |
| Rural Population Growth (%) | 0.9% | 2024 | ▲ 0.6% | WB |
| Access to Safely Managed Drinking Water (%) | 48.2% | 2024 | ▲ 1.0% | WHO |
| Access to Safely Managed Sanitation (%) | 28.1% | 2024 | ▲ 0.2% | WHO |