GDP Growth Rate
Year -
5.3%
In 2023, The Gambia experienced a significant an increase in its GDP growth rate, which rise to 5.3% from 4.92% in 2022. Additionally, the GDP per capita growth rate in The Gambia increase to 2.75% in 2023, compared to 2.36% in 2022.
In 2023, The Gambia experienced a increase in economic performance, with the GDP growth rate rising by 0.38%. Additionally, the GDP per capita growth rate increase by 0.39%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | -2.76 | - |
| 1968 | 9.58% | - | 6.5% | 9.26% |
| 1969 | 2.44% | -7.14% | -0.46% | -6.96% |
| 1970 | 6.15% | 3.71% | 3.13% | 3.59% |
| 1971 | -0.07% | -6.22% | -2.93% | -6.06% |
| 1972 | 0.24% | 0.31% | -2.66% | 0.27% |
| 1973 | 9.25% | 9.01% | 6.05% | 8.71% |
| 1974 | 5.88% | -3.37% | 2.78% | -3.27% |
| 1975 | 12.39% | 6.51% | 9.09% | 6.31% |
| 1976 | 7.35% | -5.04% | 4.13% | -4.96% |
| 1977 | 3.44% | -3.91% | 0.26% | -3.87% |
| 1978 | 6.32% | 2.88% | 2.99% | 2.73% |
| 1979 | -1.33% | -7.65% | -4.48% | -7.47% |
| 1980 | 6.27% | 7.60% | 2.8% | 7.28% |
| 1981 | 3.32% | -2.95% | -0.05% | -2.85% |
| 1982 | -0.76% | -4.08% | -4.05% | -4.00% |
| 1983 | 10.88% | 11.64% | 7.08% | 11.13% |
| 1984 | 3.54% | -7.34% | -0.13% | -7.21% |
| 1985 | -0.81% | -4.35% | -4.42% | -4.29% |
| 1986 | 4.09% | 4.90% | 0.22% | 4.64% |
| 1987 | 2.45% | -1.64% | -1.42% | -1.64% |
| 1988 | 4.48% | 2.03% | 0.46% | 1.88% |
| 1989 | 5.9% | 1.42% | 1.78% | 1.32% |
| 1990 | 3.56% | -2.34% | -0.51% | -2.29% |
| 1991 | 3.11% | -0.45% | -0.98% | -0.47% |
| 1992 | 3.38% | 0.27% | -0.62% | 0.36% |
| 1993 | 3.01% | -0.37% | -0.62% | 0.00% |
| 1994 | 0.15% | -2.86% | -2.97% | -2.35% |
| 1995 | 0.88% | 0.73% | -2.06% | 0.91% |
| 1996 | 2.22% | 1.34% | -0.73% | 1.33% |
| 1997 | 4.9% | 2.68% | 1.88% | 2.61% |
| 1998 | 3.5% | -1.40% | 0.51% | -1.37% |
| 1999 | 6.4% | 2.90% | 3.33% | 2.82% |
| 2000 | 5.5% | -0.90% | 2.49% | -0.84% |
| 2001 | 5.8% | 0.30% | 2.8% | 0.31% |
| 2002 | -3.25% | -9.05% | -5.97% | -8.77% |
| 2003 | 6.87% | 10.12% | 3.87% | 9.84% |
| 2004 | 7.05% | 0.18% | 4% | 0.13% |
| 2005 | -2.35% | -9.40% | -5.18% | -9.18% |
| 2006 | -0.56% | 1.79% | -3.51% | 1.67% |
| 2007 | 3.04% | 3.60% | -0.09% | 3.42% |
| 2008 | 6.26% | 3.22% | 3.01% | 3.10% |
| 2009 | 6.67% | 0.41% | 3.4% | 0.39% |
| 2010 | 5.91% | -0.76% | 2.67% | -0.73% |
| 2011 | -8.13% | -14.04% | -10.93% | -13.60% |
| 2012 | 5.24% | 13.37% | 2.03% | 12.96% |
| 2013 | 2.87% | -2.37% | -0.22% | -2.25% |
| 2014 | -1.41% | -4.28% | -4.3% | -4.08% |
| 2015 | 4.06% | 5.47% | 1.1% | 5.40% |
| 2016 | 1.94% | -2.12% | -0.88% | -1.98% |
| 2017 | 4.82% | 2.88% | 2.01% | 2.89% |
| 2018 | 7.23% | 2.41% | 4.44% | 2.43% |
| 2019 | 6.22% | -1.01% | 3.51% | -0.93% |
| 2020 | 0.59% | -5.63% | -1.95% | -5.46% |
| 2021 | 5.26% | 4.67% | 2.63% | 4.58% |
| 2022 | 4.92% | -0.34% | 2.36% | -0.27% |
| 2023 | 5.3% | 0.38% | 2.75% | 0.39% |