The Gross Domestic Product (GDP) in Gambia expanded 5.10 percent in 2017 from the previous year. GDP Annual Growth Rate in Gambia averaged 3.94 percent from 1968 until 2017, reaching an all time high of 12.39 percent in 1975 and a record low of -4.30 percent in 2011.

GDP Annual Growth Rate in Gambia is expected to be 5.40 percent by the end of this quarter, 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 4.59 percent in 2020, according to our econometric models.

Gambia GDP Annual Growth Rate
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Gambia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.10 2.20 12.39 -4.30 percent [+]
GDP 1.01 0.96 1.01 0.04 USD Billion [+]
GDP per capita 534.30 531.90 562.50 414.10 USD [+]
GDP per capita PPP 1561.77 1554.90 1644.24 1428.14 USD [+]
GDP Constant Prices 24697626.00 24163296.00 24697626.00 11741275.00 GMD Thousand [+]
GDP From Agriculture 4590110.00 4568401.00 5989273.00 2751330.00 GMD Thousand [+]
GDP From Construction 1294774.00 1375643.00 1375643.00 670393.00 GMD Thousand [+]
GDP From Manufacturing 1269924.00 1251156.00 1269924.00 795430.00 GMD Thousand [+]
GDP From Mining 541306.00 603530.00 718616.00 25920.00 GMD Thousand [+]
GDP From Public Administration 542972.00 528505.00 542972.00 278481.00 GMD Thousand [+]
GDP From Services 16007169.00 15226950.00 16007169.00 7708290.00 GMD Thousand [+]
GDP From Transport 4303923.00 3985893.00 4303923.00 935620.00 GMD Thousand [+]
GDP From Utilities 305022.00 284373.00 305022.00 91330.00 GMD Thousand [+]


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. This page provides - Gambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.10 2.20 12.39 -4.30 1968 - 2017 percent Yearly




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