The Gross Domestic Product (GDP) in Gambia expanded 5.70 percent in the fourth quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Gambia averaged 3.82 percent from 1968 until 2024, reaching an all time high of 12.39 percent in 1975 and a record low of -8.10 percent in 2011. source: Central Bank of The Gambia

GDP Annual Growth Rate in Gambia is expected to reach 6.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia GDP Annual Growth Rate is projected to trend around 5.40 percent in 2026 and 5.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
GDP Annual Growth Rate 5.70 4.80 percent Dec 2024
GDP Constant Prices 21218439.00 18208728.00 GMD Thousand Mar 2025
GDP from Agriculture 3991467.00 3704411.00 GMD Thousand Mar 2025
GDP from Construction 2205684.00 2510752.00 GMD Thousand Mar 2025
GDP from Manufacturing 463986.00 341751.00 GMD Thousand Mar 2025
GDP from Public Administration 804744.00 699897.00 GMD Thousand Mar 2025
GDP from Services 12186784.00 9732024.00 GMD Thousand Mar 2025



Gambia GDP Annual Growth Rate
Gambia, the smallest country in continental Africa, is one of the poorest nations in the world. Over 60 percent of population live below poverty line and the country depends on regular foreign aid to balance its budget. The main sector of the economy is agriculture, 75 percent of population depend on crops and livestock. In recent years, Gambia’s economy has been steadily growing due to development of tourism, inflow of remittances and re-exports. And the government is trying to keep the pace of expansion by undertaking reforms focusing on the modernization of the agriculture.
Actual Previous Highest Lowest Dates Unit Frequency
5.70 4.80 12.39 -8.10 1968 - 2024 percent Yearly
2013=100, NSA