Gambia recorded a Government Budget deficit equal to 3.50 percent of the country's Gross Domestic Product in 2023. Government Budget in Gambia averaged -4.84 percent of GDP from 2002 until 2023, reaching an all time high of 0.10 percent of GDP in 2007 and a record low of -8.10 percent of GDP in 2014. source: Central Bank of The Gambia
Government Budget in Gambia is expected to reach -2.80 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Government Budget is projected to trend around -3.00 percent of GDP in 2025 and -4.00 percent of GDP in 2026, according to our econometric models.