Government Debt to GDP in Gambia decreased to 80 percent in 2019 from 81.80 percent in 2018. source: Central Bank of The Gambia

Government Debt to GDP in Gambia averaged 67.18 percent from 2003 until 2019, 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 May of 2021.

Government Debt to GDP in Gambia is expected to reach 83.00 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 77.00 percent in 2021 and 74.00 percent in 2022, according to our econometric models.

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Gambia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
80.00 81.80 117.40 35.10 2003 - 2019 percent Yearly

Gambia Government Last Previous Highest Lowest Unit
Government Debt to GDP 80.00 81.80 117.40 35.10 percent [+]
Government Budget -2.40 -6.60 0.10 -8.10 percent of GDP [+]
Fiscal Expenditure 6471.96 7518.68 7518.68 893.96 Dalasi Million [+]
Military Expenditure 14.10 11.50 16.70 0.70 USD Million [+]
Credit Rating 15.00 [+]
Government Budget Value -531.44 -507.06 761.94 -2831.62 Dalasi Million [+]
Government Revenues 5940.50 7011.60 7011.60 571.00 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.