Nomad Watch
GM

Gambia

GM · GMB · #159 · 12 cities

Nomad score 49/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$5,072
GDP (2031)
$4.1B
GDP growth (2031)
5.0% →
Inflation (2031)
5.0% →
Unemployment (2025)
6.5% ↑
Population (2031)
3.3M
Population growth (2031)
2.5% ↓
Gini index (2020)
38.8
Government debt (2031)
44.3% of GDP
Current account (2031)
-2.3% of GDP
FDI inflows (2024)
$232.4M
Life expectancy (2024)
66.1 yrs
Health spending (2023)
2.9% of GDP
Internet users (2024)
49.5%
Mobile subscriptions (2024)
126.2/100
Trade openness (2025)
62.2% of GDP
Exchange rate (2025)
71.29/USD
Foreign reserves (2024)
$628.8M
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
44.3% of GDP
Current account (2031)
-2.3% of GDP
FDI inflows (2024)
$232.4M

Income inequality (Gini)

Gini index (2020)
0.39
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
1.40/1k
Services sector (2025)
53.1% of GDP

Financial access and costs

ATMs per 100k (2024)
8.4
Bank branches per 100k (2024)
5.6
ICT service exports (2024)
0.3%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $4.1B $5,072 5.0% 5.0% - 3.3M - 44.3% -2.3% - - - - -
2030 * $3.8B $4,411 5.0% 5.0% - 3.2M - 48.1% -2.7% - - - - -
2029 * $3.5B $4,211 5.0% 5.0% - 3.2M - 51.8% -3.0% - - - - -
2028 * $3.3B $4,037 5.0% 5.0% - 3.1M - 56.4% -3.5% - - - - -
2027 * $3.0B $3,870 5.0% 5.0% - 3.0M - 61.6% -4.1% - - - - -
2026 * $2.8B $3,717 5.1% 5.8% - 2.9M - 68.3% -5.1% - - - - -
2025 $2.6B $3,706 6.0% 7.9% 6.5% 2.9M - 73.9% -4.9% - - - - 71.29
2024 $2.4B $3,481 5.6% 11.6% 6.5% 2.8M - 78.5% -6.5% $232.4M 66.1 - 49.5% 67.66
2023 $2.3B $3,292 5.9% 17.0% 6.5% 2.7M - 77.4% -5.4% $205.5M 65.9 2.9% 48.7% 61.10
2022 $2.1B $3,067 5.5% 11.5% 6.1% 2.7M - 83.9% -4.2% $231.5M 64.9 3.5% 48.2% 54.92
2021 $2.0B $2,778 5.3% 7.4% 6.2% 2.6M - 83.1% -4.2% $251.8M 63.9 3.7% 41.7% 51.48
2020 $1.8B $2,531 0.6% 5.9% 5.8% 2.5M 38.8 85.9% -5.8% $189.6M 64.4 4.0% 36.0% 51.50
2019 $1.8B $2,422 6.2% 7.1% 4.5% 2.5M - 83.0% -6.1% $71.1M 64.4 3.2% 31.1% 50.06
2018 $1.7B $2,277 7.2% 6.5% 4.1% 2.4M - 83.6% -9.5% $81.8M 64.0 3.2% 28.3% 48.15
2017 $1.5B $2,039 4.8% 8.0% 5.1% 2.3M - 87.0% -7.4% $64.3M 63.7 3.4% 22.5% 46.61
2016 $1.5B $2,013 1.9% 7.2% 6.2% 2.3M - 79.5% -9.2% $69.8M 63.4 3.2% 19.9% 43.37
2015 $1.4B $1,990 4.1% 6.8% 7.2% 2.2M 35.9 69.4% -9.9% $72.0M 63.0 3.2% 17.6% 42.51
2014 $1.2B $1,934 -1.4% 6.3% 8.2% 2.2M - 71.1% -7.3% $23.0M 62.6 3.1% 15.6% 41.73
2013 $1.4B $2,007 2.9% 5.2% 9.5% 2.1M - 58.2% -6.7% $68.3M 62.3 3.9% 14.0% 35.96
2012 $1.4B $2,065 5.2% 4.6% 10.4% 2.0M - 49.5% -4.5% $41.2M 61.9 4.3% 12.5% 32.08
2011 $1.4B $2,064 -8.1% 4.8% 10.3% 2.0M - 49.2% -7.4% $36.1M 61.6 4.4% 10.9% 29.46
2010 $1.5B $2,267 5.9% 5.0% 9.7% 1.9M 43.6 42.9% -10.0% $37.1M 61.2 4.1% 9.2% 28.01
2009 $1.5B $2,177 6.7% 4.6% 9.8% 1.9M - 38.9% -7.8% $39.4M 60.7 4.5% 7.6% 26.64
2008 $1.6B $2,088 6.3% 4.5% 10.1% 1.8M - 39.5% -7.6% $70.8M 60.5 4.7% 6.9% 22.19
2007 $1.3B $1,985 3.0% 5.4% 10.4% 1.8M - 38.0% -5.2% $78.1M 60.0 5.0% 6.2% 24.87
2006 $1.1B $1,931 -0.6% 2.1% 10.2% 1.7M - 87.3% -4.3% $82.2M 59.7 5.4% 5.2% 28.07
2005 $1.0B $1,938 -2.4% 5.0% 9.9% 1.7M - 82.6% -6.3% $53.7M 59.1 5.4% 3.8% 28.58
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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