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household debts in the Gambia

Gross debt in the Gambia

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in the Gambia in the period from 1998 to 2020 was between 446.6 million and 1.5 billion USD. The highest level of the last years at two billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 588 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.


Back to overview: Gambia

Gross debt for the last 22 years in millions of USD




YearGambia totalGambia per capitaEU per capita
1998606.34 M USD490 USD14,079 USD
1999571.67 M USD448 USD14,032 USD
2000573.49 M USD435 USD11,232 USD
2001517.14 M USD380 USD11,255 USD
2002542.82 M USD387 USD12,258 USD
2003446.59 M USD308 USD15,286 USD
2004782.05 M USD523 USD17,595 USD
2005848.85 M USD550 USD18,327 USD
2006920.71 M USD579 USD18,877 USD
2007486.58 M USD297 USD20,898 USD
2008617.34 M USD365 USD24,086 USD
2009563.64 M USD324 USD25,361 USD
2010662.82 M USD370 USD26,496 USD
2011694.14 M USD376 USD29,231 USD
2012700.31 M USD368 USD28,174 USD
2013801.21 M USD408 USD29,981 USD
2014873.97 M USD432 USD30,648 USD
2015956.03 M USD424 USD25,918 USD
20161,201.74 M USD519 USD26,261 USD
20171,309.39 M USD550 USD27,024 USD
20181,413.57 M USD578 USD28,448 USD
20191,461.05 M USD582 USD27,168 USD
20201,512.93 M USD588 USD30,783 USD


Comparison of gross debt per capita with the European Union in U.S. dollars



      Gambia       European Union


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