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Government Finance of the Gambia

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

10.2% 19.2% 69.6%
  • Personal income taxes: 10.2%
  • Corporate income taxes: 19.2%
  • Payroll taxes: 0.3%
  • Property taxes: 0.4%
  • Goods and services taxes: 69.6%
  • Other taxes: 0.2%
Show table
Personal income taxes
10.2%
Corporate income taxes
19.2%
Payroll taxes
0.3%
Property taxes
0.4%
Goods and services taxes
69.6%
Other taxes
0.2%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 68.3% #54 / 184 2026
Government Gross Debt (Local currency - GMD) 140B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - GMD) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -1% #42 / 189 2026
Fiscal Balance (Local currency - GMD) -2.04B - 2026
Primary Fiscal Balance (% of GDP) 2.4% #20 / 182 2026
Primary Fiscal Balance (Local currency - GMD) 4.86B - 2026

Revenue and Spending

Government Revenue (% of GDP) 24.5% #111 / 189 2026
Government Revenue (Local currency - GMD) 50.3B - 2026
Government Spending (% of GDP) 25.5% #119 / 189 2026
Government Spending (Local currency - GMD) 52.4B - 2026

International Reserves

Total Reserves (USD) 629M #143 / 163 2024

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