Macro‑Economic Monitor

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Gambia economy

Gambia’s economy grew 5.9% in 2025, faster than the world as a whole (2.9%). Consumer prices rose 11.6% in 2024, and 6.5% of the labour force was out of work in 2025.

IndicatorLatestYear
Real GDP growth5.9%2025
Inflation (consumer prices)11.6%2024
Unemployment6.5%2025
GDP (US dollars)$2.6 bn2025
GDP per person (US dollars)$9192025
GDP per person (PPP, international dollars)$3,4762024
Current account balance, % of GDP−4.2%2024
Budget balance, % of GDP2.1%1990
Extreme poverty, % of people below $3.00 a day22.0%2020
Population2.8 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.