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Gross domestic product in current prices growth rate


In 2017, GDP growth in Gambia was 4.6 %. In the ranking by GDP growth including 188 countries, Gambia has the 103rd rank that is close to the positions of such countries as Niger and the Nigeria. Compared to Australia which at the top of the ranking with GDP growth of 2 % in 2017, Gambia has 132.83 % percent higher GDP growth.

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What is GDP growth?

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant U.S. dollars. GDP 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.