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Gambia, The Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

Gambia, The's government debt to gdp was 74.43% in 2025, ranked 45th globally. This represents a 6.9% decrease from 2024. Data from IMF WEO, covering 2000–2025.

74.43% −5.52% (-6.9%)
Year 2025 Rank #45 Global Peak 93.88% (2002) Source IMF WEO

Gambia, The Government Debt to GDP (2000–2025)

Overview

Gambia, The's government debt to gdp stood at 74.43% in 2025, a decline of +5.52% from 2024. The IMF projects 74.43% by 2025. Gambia, The ranked 45th globally.

Gambia’s government debt as a share of gross domestic product has hovered around the mid‑70 percent range over the past 26 years, rising from 73.25 in 2000 to 74.43 in 2025, which places the country 45th globally. The indicator peaked at 93.88 in 2002, a level that reflected the post‑conflict fiscal consolidation challenges of the early 2000s, before falling sharply to a trough of 38.02 in 2007 as external assistance and revenue reforms took effect. Since that low point, debt has gradually climbed, tracking a pattern similar to peer economies such as Hungary, whose 2025 ratio stands at 74.76, and the Bahamas at 74.07. The modest upward drift since 2007 suggests that debt dynamics remain sensitive to external shocks and domestic fiscal policy. Continued improvements in tax collection and prudent borrowing could stabilise the ratio, while any resurgence of financing needs or commodity price volatility may push the trajectory higher.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 49.66% - -
2029* IMF 53.52% - -
2028* IMF 58.65% - -
2027* IMF 64.18% - -
2026* IMF 69.98% - -
2025* IMF 74.43% - -
2025 74.43% −5.52% #45
2024 79.96% −0.28% #146
2023 80.24% −3.62% #147
2022 83.86% +0.75% #152
2021 83.11% −2.78% #145
2020 85.89% +2.92% #144
2019 82.97% −0.63% #159
2018 83.60% −3.38% #160
2017 86.98% +6.32% #165
2016 80.66% +11.29% #159
2015 69.37% −1.72% #147
2014 71.09% +12.84% #152
2013 58.24% +8.75% #139
2012 49.49% +0.25% #127
2011 49.24% +6.29% #125
Show all years (2000-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 17.0% Rate 20.8% Gap +3.8pp Reserves YoY +1.5%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Gambia, The matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Gambia, The's government debt to gdp?▾

Gambia, The's government debt to gdp was 74.43% in 2025. Ranked 45th globally. This represents a 6.9% decrease from the previous year.

What was the highest government debt to gdp in Gambia, The?▾

Gambia, The's government debt to gdp peaked at 93.88% in 2002.

What was the lowest government debt to gdp in Gambia, The?▾

The lowest government debt to gdp in Gambia, The was 38.02% in 2007.

How does Gambia, The rank in government debt to gdp?▾

Gambia, The ranks 45th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?▾

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Gambia, The in 2025?▾

Gambia, The's government debt to gdp is projected to reach 74.43% by 2025 based on IMF projection.

What is the government debt to gdp of Gambia, The in 2025?▾

The government debt to gdp of Gambia, The in 2025 was 74.43%. This ranks 45th in the world.

Cite this page

APA
Gambia, The Government Debt to GDP. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/gambia-the/government-debt-to-gdp/
BibTeX
@misc{historysaid_gambia-the_government-debt-to-gdp, title = {Gambia, The Government Debt to GDP}, url = {https://historysaid.com/gambia-the/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
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