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Gambia, The: Trade (% of GDP)

In , Gambia, The's Trade (% of GDP) was 42.17.

That's up 5.5% from 2023, the highest value since .

The global average for this indicator in 2024 was 92.19 . Gambia, The ranks #136 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #30 of 39.

Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Gambia, The Trade (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
64.81
Trough
38.11
1-year change
+5.5%
5-year change
-24.7%
-5.5% / yr
10-year change
-27.6%
-3.2% / yr

Historical Data — Last 10 Years

Year Trade (% of GDP)
42.1706
39.9620
44.7219
42.0980
47.3955
55.9979
64.8125
55.7336
38.1141
44.5224

About Trade (% of GDP)

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.TRD.GNFS.ZS • Category: Economy

Frequently asked questions

What was Gambia, The's Trade (% of GDP) in 2024?
In 2024, Gambia, The's Trade (% of GDP) was 42.17, according to World Bank Open Data.
Is Gambia, The's Trade (% of GDP) rising or falling?
Gambia, The's Trade (% of GDP) rose 5.5% from 2023 to 2024.
How does Gambia, The rank globally on Trade (% of GDP)?
In 2024, Gambia, The ranked #136 out of 160 countries reporting Trade (% of GDP).
How does Gambia, The's Trade (% of GDP) compare to the world average?
The global average for Trade (% of GDP) in 2024 was 92.19, so Gambia, The is below the world average. Within Sub-Saharan Africa, it ranks #30 of 39.
What is Trade (% of GDP) and how is it measured?
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.