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Gambia - General government gross debt in current LCU

61 (billion LCU) in 2017

In 2017, government debt for Gambia was 61 billion LCU. Government debt of Gambia increased from 22 billion LCU in 2003 to 61 billion LCU in 2017 growing at an average annual rate of 10.10 %.

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What is government debt?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Gambia government debt?

Date Value Change, %
2017 61 17.25 %
2016 52 28.26 %
2015 41 11.41 %
2014 36 26.60 %
2013 29 28.25 %
2012 22 9.85 %
2011 20 10.14 %
2010 19 23.63 %
2009 15 9.62 %
2008 14 13.20 %
2007 12 -53.16 %
2006 26