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Gambia, The Income Share Top 10%

Income share held by highest 10%  SI.DST.10TH.10

Gambia, The's income share top 10% was 30.50% in 2020, ranked 55th globally. This represents a 6.3% increase from 2019. Data from World Bank, covering 1998–2020.

30.50% +1.80pp (+6.3%)
Year 2020 Rank #55 Global Peak 37.60% (1998) Source World Bank

Gambia, The Income Share Top 10% (1998–2020)

Overview

Gambia, The's income share top 10% stood at 30.50% in 2020, a rise of +1.80pp from 2015. Gambia, The ranked 55th globally.

The Gambia’s share of income accruing to the top 10 % of earners fell from its all‑time peak of 37.60 % in 1998 to a trough of 28.70 % in 2015, before rising modestly to 30.50 % in 2020, placing the country 55th in the global ranking. This decline over the 1998‑2015 period reflects a gradual redistribution of earnings, yet the recent rebound suggests a slowdown in that trend. The 2020 figure is closely aligned with peers such as the Dominican Republic (30.40 %) and Argentina (30.60 %), indicating that the Gambia now sits within a narrow band of middle‑income economies where elite income shares are relatively high but not extreme. The five‑year coverage of the data set captures only the most recent fluctuations, but the upward movement since the trough hints that without targeted fiscal or social policies, the share of top‑10 % income may continue to inch upward, modestly widening inequality.

Data & projection

Year Income Share Top 10% YoY change Rank
2020 30.50% +1.80pp #55
2015 28.70% −6.20pp #55
2010 34.90% −1.80pp #72
2003 36.70% −0.90pp #55
1998 37.60% – #40

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 income share top 10% improve within 24 months. View full analysis →

Frequently Asked Questions

What is Gambia, The's income share top 10%?▾

Gambia, The's income share top 10% was 30.50% in 2020. Ranked 55th globally. This represents a 6.3% increase from the previous year.

What was the highest income share top 10% in Gambia, The?▾

Gambia, The's income share top 10% peaked at 37.60% in 1998.

What was the lowest income share top 10% in Gambia, The?▾

The lowest income share top 10% in Gambia, The was 28.70% in 2015.

How does Gambia, The rank in income share top 10%?▾

Gambia, The ranks 55th globally in income share top 10% as of 2020.

What is the World Bank indicator code for income share top 10%?▾

The World Bank indicator code is SI.DST.10TH.10. Data sourced from World Bank.

What is the income share top 10% of Gambia, The in 2020?▾

The income share top 10% of Gambia, The in 2020 was 30.50%. This ranks 55th in the world.

Cite this page

APA
Gambia, The Income Share Top 10%. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/gambia-the/income-top-10/
BibTeX
@misc{historysaid_gambia-the_income-top-10, title = {Gambia, The Income Share Top 10%}, url = {https://historysaid.com/gambia-the/income-top-10/}, publisher = {HistorySaid}, year = {2026} }
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