Economy · News
Gambia mobilises 827.6 million dalasis to cushion fuel price shock
Diesel absorbed 95% of the subsidies paid between March and September, while its retail price rose by 41.8% over the period.
Country
The Gambia
Gambia in figures
GDP growth
5.7%
2025 · 2026 : 5.1% (projection)
Inflation
7.9%
2025 · 2026 : 7.0% (projection)
Public debt
73.7%
2025 · % of GDP · 2026 : 67.4% (projection)
Fiscal balance
-4.7%
2025 · % of GDP · 2026 : 0.0% (projection)
Current account balance
-4.1%
2025 · % of GDP · 2026 : -5.9% (projection)
Nominal GDP
2.8 bn USD
2025 · 2026 : 3.0 bn USD (projection)
GDP per capita
974 USD
2025 · 2026 : 1,030 USD (projection)
Population
2.8 million
2025
In %
Source: IMF World Economic Outlook
View data
| Observed or estimated | IMF projection | |
|---|---|---|
| 2015 | 4.1 | – |
| 2016 | 1.9 | – |
| 2017 | 4.8 | – |
| 2018 | 7.2 | – |
| 2019 | 6.2 | – |
| 2020 | 0.6 | – |
| 2021 | 5.3 | – |
| 2022 | 5.5 | – |
| 2023 | 5.9 | – |
| 2024 | 6 | – |
| 2025 | 5.7 | 5.7 |
| 2026 | – | 5.1 |
| 2027 | – | 5.1 |
| 2028 | – | 5.1 |
| 2029 | – | 5 |
| 2030 | – | 5 |
| 2031 | – | 5 |
In %
Source: IMF World Economic Outlook
View data
| Observed or estimated | IMF projection | |
|---|---|---|
| 2015 | 6.8 | – |
| 2016 | 7.2 | – |
| 2017 | 8 | – |
| 2018 | 6.5 | – |
| 2019 | 7.1 | – |
| 2020 | 5.9 | – |
| 2021 | 7.4 | – |
| 2022 | 11.5 | – |
| 2023 | 17 | – |
| 2024 | 11.6 | – |
| 2025 | 7.9 | 7.9 |
| 2026 | – | 7 |
| 2027 | – | 5.7 |
| 2028 | – | 5.3 |
| 2029 | – | 5 |
| 2030 | – | 5 |
| 2031 | – | 5 |
- Access to electricity
- 69% (2024)
- Internet users
- 49% (2024)
- Foreign direct investment
- +10.6% (2025)
- Personal remittances
- 23.8% (2025)
Sources: IMF World Economic Outlook (key figures, growth and inflation; estimates and projections from 2026); World Bank World Development Indicators (population and structural indicators). The latest available year is shown for each figure.
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