Gambia, The—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #45 of 192Updated August 2026
Latest Value
-0.5%
2031
YoY Change
+0.0%
2030 → 2031
Global Rank
#45
of 192 countries
Maximum
0.3%
2007
Minimum
-6.2%
2016
Last
-0.5%
Previous
-0.5%
Highest
0.3%
Lowest
-6.2%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Gambia, The's fiscal balance (% of GDP) was -1.0% in 2026, ranking #45 out of 192 countries. This represents a +0.0% change from 2030. Over the past 27 years, the highest recorded value was 0.3% (2007) and the lowest was -6.2% (2016). The IMF WEO projects -0.5% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -0.5% | +0.0% |
| 2030 | -0.5% | +0.0% |
| 2029 | -0.5% | +16.7% |
| 2028 | -0.6% | -50.0% |
| 2027 | -0.4% | +60.0% |
| 2026 | -1.0% | +65.5% |
| 2025 | -2.9% | +27.5% |
| 2024 | -4.0% | -11.1% |
| 2023 | -3.6% | +36.8% |
| 2022 | -5.7% | -18.8% |
| 2021 | -4.8% | -100.0% |
| 2020 | -2.4% | +11.1% |
| 2019 | -2.7% | +30.8% |
| 2018 | -3.9% | +9.3% |
| 2017 | -4.3% | +30.6% |
| 2016 | -6.2% | -14.8% |
| 2015 | -5.4% | -38.5% |
| 2014 | -3.9% | +23.5% |
| 2013 | -5.1% | -82.1% |
| 2012 | -2.8% | +6.7% |
| 2011 | -3.0% | -3.4% |
| 2010 | -2.9% | -81.2% |
| 2009 | -1.6% | -220.0% |
| 2008 | -0.5% | -266.7% |
| 2007 | 0.3% | +109.4% |
| 2006 | -3.2% | +3.0% |
| 2005 | -3.3% | -83.3% |
| 2004 | -1.8% | -5.9% |
| 2003 | -1.7% | -1800.0% |
| 2002 | 0.1% | +104.0% |
| 2001 | -2.5% | -2400.0% |
| 2000 | -0.1% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -1.0% | +65.5% |
| 2027Forecast | -0.4% | +60.0% |
| 2028Forecast | -0.6% | -50.0% |
| 2029Forecast | -0.5% | +16.7% |
| 2030Forecast | -0.5% | +0.0% |
| 2031Forecast | -0.5% | +0.0% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP