Debt on Non-concessional terms to GDP in Gambia
Gambia: Debt on Non-concessional terms to GDP was 9.5% in 2011. ◆ Volatile
Debt on Non-concessional terms to GDP in Gambia, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, debt on non-concessional terms to gdp in Gambia stood at 9.5%.
Compared with earlier readings it is down 29.5% on the previous year and down 9.5% over ten years.
Over the whole period, debt on non-concessional terms to gdp in Gambia peaked at 68.7% in 1984 and was at its lowest, 0.0%, in 1970.
Gambia ranks 31st of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt on Non-concessional terms to GDP in Gambia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.4% | — |
| 1972 | 0.3% | -15.4% |
| 1973 | 0.3% | -24.1% |
| 1974 | 0.2% | -22.3% |
| 1975 | 0.1% | -32.0% |
| 1976 | 1.1% | +699.7% |
| 1977 | 9.5% | +804.8% |
| 1978 | 15.2% | +58.9% |
| 1979 | 19.2% | +26.8% |
| 1980 | 28.4% | +47.8% |
| 1981 | 39.3% | +38.1% |
| 1982 | 49.5% | +26.1% |
| 1983 | 49.3% | -0.5% |
| 1984 | 68.7% | +39.5% |
| 1985 | 54.2% | -21.1% |
| 1986 | 59.8% | +10.2% |
| 1987 | 54.7% | -8.5% |
| 1988 | 42.3% | -22.6% |
| 1989 | 39.6% | -6.5% |
| 1990 | 37.5% | -5.1% |
| 1991 | 16.5% | -56.1% |
| 1992 | 14.7% | -10.5% |
| 1993 | 15.3% | +3.9% |
| 1994 | 11.7% | -23.8% |
| 1995 | 8.2% | -29.5% |
| 1996 | 6.9% | -16.8% |
| 1997 | 4.6% | -33.2% |
| 1998 | 5.0% | +10.3% |
| 1999 | 6.6% | +31.3% |
| 2000 | 8.8% | +33.4% |
| 2001 | 10.5% | +19.0% |
| 2002 | 15.6% | +48.3% |
| 2003 | 18.2% | +16.9% |
| 2004 | 12.6% | -31.1% |
| 2005 | 9.7% | -23.1% |
| 2006 | 8.1% | -16.2% |
| 2007 | 5.8% | -28.3% |
| 2008 | 4.2% | -27.3% |
| 2009 | 13.7% | +223.5% |
| 2010 | 13.5% | -1.1% |
| 2011 | 9.5% | -29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.6% | 0.0% | 19.2% | 10 |
| 1980s | 48.6% | 28.4% | 68.7% | 10 |
| 1990s | 12.7% | 4.6% | 37.5% | 10 |
| 2000s | 10.7% | 4.2% | 18.2% | 10 |
| 2010s | 11.5% | 9.5% | 13.5% | 2 |
Countries ranked near Gambia
More external debt data for Gambia
- IFC, private nonguaranteed -79,395 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.0288 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -30.29 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.0% (2024)
- Net financial flows, IDA -2.55 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.9239 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0011 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 5.2% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 163.93 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt on non-concessional terms to gdp in Gambia?
- Debt on non-concessional terms to gdp in Gambia was 9.5% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on non-concessional terms to gdp recorded in Gambia?
- The highest recorded value was 68.7% in 1984.
- What is the lowest debt on non-concessional terms to gdp recorded in Gambia?
- The lowest recorded value was 0.0% in 1970.
- How does Gambia rank for debt on non-concessional terms to gdp?
- Gambia ranks 31st out of 50 countries with data for 2011.
- Is debt on non-concessional terms to gdp rising or falling in Gambia?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Non-concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Non-concessional LDOD conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. Long-term debt outstanding and disbursed (LDOD) is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Data are in current U.S. dollars.