Gross external debt, Percent of GDP (Balance of Payments and) in Gambia
Gambia: Gross external debt, Percent of GDP (Balance of Payments and) was 41.11 in 2027. ▼ Falling
Gross external debt, Percent of GDP (Balance of Payments and) in Gambia, 2000–2027
Source: International Monetary Fund.
Analysis
Gambia recorded 41.11 for gross external debt, percent of gdp (balance of payments and) in 2027.
The figure is down 11.4% on the previous year and down 10.2% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Gambia peaked at 73.78 in 2003 and was at its lowest, 22.02, in 2008.
Gambia ranks 8th of 45 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Gross external debt, Percent of GDP (Balance of Payments and) in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 51.65 | — |
| 2001 | 54.79 | +6.1% |
| 2002 | 66.77 | +21.9% |
| 2003 | 73.78 | +10.5% |
| 2004 | 68.41 | -7.3% |
| 2005 | 67.72 | -1.0% |
| 2006 | 71.9 | +6.2% |
| 2007 | 26.2 | -63.6% |
| 2008 | 22.02 | -15.9% |
| 2009 | 25.43 | +15.5% |
| 2010 | 24.47 | -3.8% |
| 2011 | 27.39 | +12.0% |
| 2012 | 26.56 | -3.1% |
| 2013 | 32.25 | +21.4% |
| 2014 | 36.5 | +13.2% |
| 2015 | 36.83 | +0.9% |
| 2016 | 38.82 | +5.4% |
| 2017 | 45.76 | +17.9% |
| 2018 | 45.51 | -0.5% |
| 2019 | 46.39 | +1.9% |
| 2020 | 49.4 | +6.5% |
| 2021 | 47.23 | -4.4% |
| 2022 | 48.2 | +2.1% |
| 2023 | 48.04 | -0.3% |
| 2024 | 48.63 | +1.2% |
| 2025 | 50.75 | +4.4% |
| 2026 | 46.4 | -8.6% |
| 2027 | 41.11 | -11.4% |
Gambia compared with similar countries
- Gambia's 41.11 is above the median for Sub-Saharan Africa, which is 26.53, 1.5× the median. (45 countries reporting)
- Gambia's 41.11 is above the median for low income countries, which is 24.57, 1.7× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Gross external debt, Percent of GDP (Balance of Payments and) in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | -63.6% | 71.9 | 26.2 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52.87 | 22.02 | 73.78 | 10 |
| 2010s | 36.05 | 24.47 | 46.39 | 10 |
| 2020s | 47.47 | 41.11 | 50.75 | 8 |
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 gross external debt, percent of gdp (balance of payments and) in Gambia?
- Gross external debt, percent of gdp (balance of payments and) in Gambia was 41.11 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Gambia?
- The highest recorded value was 73.78 in 2003.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Gambia?
- The lowest recorded value was 22.02 in 2008.
- How does Gambia rank for gross external debt, percent of gdp (balance of payments and)?
- Gambia ranks 8th out of 45 countries with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Gambia?
- Over the last ten years it is down 10.2%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Gross external debt, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.