Government Budget in Gambia increased to -2.40 percent of GDP in 2019 from -6.60 percent of GDP in 2018. source: Central Bank of The Gambia

Government Budget in Gambia averaged -5.09 percent of GDP from 2002 until 2019, reaching an all time high of 0.10 percent of GDP in 2007 and a record low of -8.10 percent of GDP in 2014. This page provides - Gambia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Government Budget - values, historical data and charts - was last updated on July of 2021.

Government Budget in Gambia is expected to reach -3.20 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Government Budget is projected to trend around -2.30 percent of GDP in 2022 and -2.50 percent of GDP in 2023, according to our econometric models.

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Gambia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.70 -2.40 0.10 -8.10 2002 - 2020 percent of GDP Yearly

Gambia Government Last Previous Highest Lowest Unit
Government Debt to GDP 83.10 81.00 117.40 35.10 percent of GDP [+]
Government Budget -3.70 -2.40 0.10 -8.10 percent of GDP [+]
Military Expenditure 14.30 14.50 17.20 0.70 USD Million [+]
Credit Rating 15.00 [+]
Government Budget Value -531.44 -507.06 761.94 -2831.62 Dalasi Million [+]
Government Revenues 3582.05 5940.50 6865.59 571.00 Dalasi Million [+]
Fiscal Expenditure 5641.15 6472.42 6472.42 893.96 Dalasi Million [+]


Gambia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.