Gambia recorded a government debt equivalent to 81.80 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Gambia averaged 66.38 percent from 2003 until 2018, reaching an all time high of 117.40 percent in 2003 and a record low of 35.10 percent in 2008. This page provides - Gambia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Gambia is expected to reach 120.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Government Debt to GDP is projected to trend around 125.00 percent in 2021 and 130.00 percent in 2022, according to our econometric models.

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Gambia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
81.80 65.60 117.40 35.10 2003 - 2018 percent Yearly

Gambia Government Last Previous Highest Lowest Unit
Government Debt to GDP 81.80 65.60 117.40 35.10 percent [+]
Government Budget -4.10 -6.60 0.10 -8.10 percent of GDP [+]
Military Expenditure 11.30 14.90 16.40 0.70 USD Million [+]
Credit Rating 15.00 [+]
Government Budget Value -1415.66 -700.68 95.19 -2929.01 Dalasi Million [+]
Government Revenues 4680.45 4372.09 4932.66 571.00 Dalasi Million [+]
Fiscal Expenditure 4296.59 4805.45 5525.46 893.96 Dalasi Million [+]

Gambia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.