Budget balance — all countries

Budget balance — Gambia

Budget balance in the Gambia in 2031 — -0.5%. Ranked 38 in the world out of 188. Since 2000, the indicator has fallen by 0.4 pp.

2031 -0.5% +0 pp vs 2030
World rank 38of 188
Period maximum 0.3%2007
Period minimum -6.2%2016

Trend over time

2000–2031 · % of GDP

Budget balance — Gambia, 2000–2031-8-6-4-2022000200420082012201620202024202820312000: -0.1%2001: -2.5%2002: 0.1%2003: -1.7%2004: -1.8%2005: -3.3%2006: -3.2%2007: 0.3%2008: -0.5%2009: -1.6%2010: -2.9%2011: -3%2012: -2.8%2013: -5.1%2014: -3.9%2015: -5.4%2016: -6.2%2017: -4.3%2018: -3.9%2019: -2.7%2020: -2.4%2021: -4.8%2022: -5.7%2023: -3.6%2024: -4%2025: -2.9%2026: -1%2027: -0.4%2028: -0.6%2029: -0.5%2030: -0.5%2031: -0.5%
Change over the period: −0.4 pp Annual average: -0.01 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Gambia

Gambia -0.5%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Western Africa computed -2.26%
Low-income countries computed -2.83%
Budget balance — Gambia, by year Gambia All countries CSV XLSX
Year % Change, pp
2031 -0.5 +0 pp
2030 -0.5 +0 pp
2029 -0.5 +0.1 pp
2028 -0.6 −0.2 pp
2027 -0.4 +0.6 pp
2026 -1 +1.9 pp
2025 -2.9 +1.1 pp
2024 -4 −0.4 pp
2023 -3.6 +2.1 pp
2022 -5.7 −0.9 pp
2021 -4.8 −2.4 pp
2020 -2.4 +0.3 pp
2019 -2.7 +1.2 pp
2018 -3.9 +0.4 pp
2017 -4.3 +1.9 pp
2016 -6.2 −0.8 pp
2015 -5.4 −1.5 pp
2014 -3.9 +1.2 pp
2013 -5.1 −2.3 pp
2012 -2.8 +0.2 pp
2011 -3 −0.1 pp
2010 -2.9 −1.3 pp
2009 -1.6 −1.1 pp
2008 -0.5 −0.8 pp
2007 0.3 +3.5 pp
2006 -3.2 +0.1 pp
2005 -3.3 −1.5 pp
2004 -1.8 −0.1 pp
2003 -1.7 −1.8 pp
2002 0.1 +2.6 pp
2001 -2.5 −2.4 pp
2000 -0.1

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.