Gambia - Gross domestic product in constant prices of 2010

1,835,641,393 (US dollars) in 2022

In 2022, real GDP for Gambia was 1,835 million US dollars. Between 1973 and 2022, real GDP of Gambia grew substantially from 330 million to 1,835 million US dollars rising at an increasing annual rate that reached a maximum of 12.39% in 1975 and then decreased to 4.33% in 2022.

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What is real GDP?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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What is Gambia real GDP?