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Gambia Trade (% GDP)

Gambia's trade (% GDP) rose to 43.74% in 2024, up from 42.44% in 2023, according to World Bank. This represents an increase of 1.3% from the previous year. The Gambia has trade (% GDP) lower than the global median (43.74% vs median 84.49%). Compared with the median in Africa, the Gambia is lower (43.74% vs regional median 62.95%) and ranks 37th out of 48 countries in Africa.

Yearly Historical Data (1966-2024)

(in %)
Year Trade (% GDP)
2024 43.74%
2023 42.44%
2022 44.72%
2021 42.1%
2020 47.4%
2019 56%
2018 64.81%
2017 55.73%
2016 38.11%
2015 44.52%
2014 58.26%
2013 45.46%
2012 47.7%
2011 42.64%
2010 41.01%
2009 41.78%
2008 39.09%
2007 44.29%
2006 50.37%
2005 50.02%
2004 49.93%
2003 68.86%
2002 59.64%
2001 46.93%
2000 56.36%
1999 52.41%
1998 53.87%
1997 48.32%
1996 50.95%
1995 59.28%
1994 49.92%
1993 64.63%
1992 67.44%
1991 64.1%
1990 131.49%
1989 120.34%
1988 108.82%
1987 108.7%
1986 102.72%
1985 97.78%
1984 115.91%
1983 112.97%
1982 103.97%
1981 110.72%
1980 106.33%
1979 98.21%
1978 93.57%
1977 84.25%
1976 87.41%
1975 88.32%
1974 82.69%
1973 77.48%
1972 74.53%
1971 69.55%
1970 78.7%
1969 91.48%
1968 90.98%
1967 87.71%
1966 79.75%
Gambia Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Gambia divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $83.45M $54.91M 2023
Annual Imports $2.45B $914.92M 2023
Exports (% GDP) 6.55% 9.6% 2024
FDI Inflows (% GDP) 9.27% 8.58% 2024
Imports (% GDP) 37.19% 32.83% 2024
Net Trade (Goods & Services, BoP) -$710.82M -$635.7M 2024
Tariff Rate 13.97% 14.02% 2022