Gambia recorded a Government Budget deficit equal to 3.90 percent of the country's Gross Domestic Product in 2018. Government Budget in Gambia averaged -5.09 percent of GDP from 2002 until 2018, 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.

Government Budget in Gambia is expected to be -3.50 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Government Budget is projected to trend around -3.30 percent of GDP in 2020, according to our econometric models.

Gambia Government Budget
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Gambia Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.60 60.30 117.40 35.10 percent [+]
Government Budget -3.90 -7.90 0.10 -8.10 percent of GDP [+]
Military Expenditure 11.30 14.90 16.40 0.70 USD Million [+]
Credit Rating 15.00 [+]
Government Budget Value -666.62 -1283.76 720.78 -2366.02 Dalasi Million [+]
Government Revenues 2377.68 2456.69 5576.38 647.10 Dalasi Million [+]
Fiscal Expenditure 3044.30 3740.45 4855.59 893.96 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. This page provides - Gambia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Government Budget - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3.90 -7.90 0.10 -8.10 2002 - 2018 percent of GDP Yearly

Country Last Previous
Argentina -5.50 Dec/18
Australia -0.60 Dec/18
Brazil -7.10 Dec/18
Canada -0.70 Dec/18
China -4.20 Dec/18
Euro Area -0.50 Dec/18
France -2.50 Dec/18
Germany 1.70 Dec/18
India -3.42 Dec/18
Indonesia -1.76 Dec/18
Italy -2.10 Dec/18
Japan -3.80 Dec/18
Mexico -2.00 Dec/18
Netherlands 1.50 Dec/18
Russia 2.70 Dec/18
Saudi Arabia -9.20 Dec/18
Singapore 0.40 Dec/18
South Africa -4.40 Dec/18
South Korea -1.60 Dec/18
Spain -2.50 Dec/18
Switzerland 1.30 Dec/18
Turkey -2.00 Dec/18
United Kingdom -2.00 Dec/18
United States -3.80 Dec/18