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Economy of Gambia vs Jordan compared: GDP & Debt

Updated on by Georank team

The Gambia has a GDP of $2.4B compared to $53.4B for Jordan, ranking 174/197 and 90/197 by economy size, respectively.

The Gambia has $1.92B in government debt (80% of GDP), compared to $48.1B (90.2% of GDP) in Jordan.

Gambia vs Jordan GDP by year

Gambia
Jordan
1x
Year GDP, current $
Gambia Jordan
2024 $2,404,888,749 $53,352,289,577
2023 $2,382,262,185 $51,088,476,338
2022 $2,204,734,528 $48,764,963,380
2021 $2,014,158,842 $46,296,100,141
2020 $1,812,170,891 $43,700,383,099
2019 $1,813,609,692 $44,503,006,338
2018 $1,670,671,328 $43,370,860,704
2017 $1,504,909,463 $41,608,435,915
2016 $1,484,578,886 $39,892,551,127
2015 $1,378,176,609 $38,587,017,887
2014 $1,229,461,721 $36,847,643,521
2013 $1,375,609,453 $34,454,440,141
2012 $1,415,004,738 $31,634,561,690
2011 $1,409,693,597 $29,524,149,155
2010 $1,543,294,927 $27,133,804,225
2009 $1,450,142,509 $24,537,876,056
2008 $1,561,766,956 $22,658,715,989
2007 $1,279,703,047 $17,110,437,236
2006 $1,054,112,488 $15,056,981,664
2005 $1,027,701,068 $12,588,998,590
2004 $961,900,651 $11,411,706,629
2003 $487,038,685 $10,195,627,645
2002 $578,235,309 $9,582,510,578
2001 $687,410,645 $8,975,814,653
2000 $782,913,872 $8,460,789,845
1999 $814,724,032 $8,149,929,478
1998 $840,285,265 $7,912,270,804
1997 $803,633,342 $7,245,839,210
1996 $848,239,446 $6,927,503,526
1995 $785,999,865 $6,727,597,032
1994 $746,493,952 $6,236,295,978
1993 $755,040,974 $5,606,400,222
1992 $714,254,256 $5,310,833,194
1991 $690,311,081 $4,344,467,193
1990 $317,083,695 $4,160,087,508
1989 $284,120,329 $4,221,373,674
1988 $266,672,212 $6,277,451,829
1987 $220,626,484 $6,756,209,762
1986 $185,646,987 $6,402,050,485
1985 $225,726,359 $4,993,601,520
1984 $177,340,880 $4,967,162,160
1983 $213,448,585 $4,920,692,191
1982 $216,050,552 $4,681,240,993
1981 $218,767,743 $4,383,944,703
1980 $241,083,090 $3,910,044,474
1979 $207,112,628 $3,271,368,781
1978 $171,833,086 $2,602,208,589
1977 $138,093,099 $2,096,778,602
1976 $112,190,829 $1,708,521,219
1975 $115,179,719 $1,363,073,498
1974 $95,796,022 $1,197,483,949
1973 $75,187,749 $943,783,840
1972 $59,160,569 $788,479,685
1971 $55,728,663 $678,159,729
1970 $52,296,084 $639,519,744
1969 $45,168,072 $698,879,720
1968 $41,160,066 $561,119,776
1967 $46,695,007 $631,679,747
1966 $44,212,081 $657,999,737
1965 - $599,759,760

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

GeoRank.org/economy/gambia/jordan | CC BY

GDP per capita in Gambia vs Jordan by year

Gambia
GDP per capita

GDP per capita, PPP
Jordan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gambia Jordan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $871 $3,476 $4,618 $10,821
2023 $883 $3,289 $4,466 $10,412
2022 $836 $3,067 $4,332 $9,927
2021 $782 $2,778 $4,183 $9,182
2020 $720 $2,531 $4,022 $9,579
2019 $738 $2,422 $4,170 $9,429
2018 $696 $2,277 $4,145 $9,042
2017 $643 $2,039 $4,066 $9,266
2016 $650 $2,013 $3,987 $8,748
2015 $620 $1,990 $4,043 $8,967
2014 $568 $1,934 $4,191 $9,145
2013 $654 $2,007 $4,311 $9,817
2012 $693 $2,065 $4,170 $9,739
2011 $711 $2,064 $3,947 $9,632
2010 $801 $2,267 $3,718 $9,417
2009 $775 $2,177 $3,436 $9,291
2008 $859 $2,088 $3,242 $8,983
2007 $725 $1,985 $2,506 $8,416
2006 $615 $1,931 $2,343 $8,046
2005 $616 $1,938 $2,088 $7,697
2004 $593 $1,979 $1,940 $7,074
2003 $309 $1,850 $1,776 $6,500
2002 $377 $1,744 $1,706 $6,256
2001 $460 $1,823 $1,632 $5,948
2000 $538 $1,731 $1,571 $5,641
1999 $575 $1,649 $1,545 $5,402
1998 $610 $1,572 $1,532 $5,264
1997 $600 $1,544 $1,436 $5,171
1996 $652 $1,489 $1,410 $5,055
1995 $622 $1,472 $1,416 $5,027
1994 $608 $1,473 $1,367 $4,830
1993 $635 $1,487 $1,289 $4,726
1992 $623 $1,462 $1,287 $4,654
1991 $628 $1,440 $1,110 $4,195
1990 $301 $1,409 $1,149 $4,317
1989 $280.9 - $1,260 -
1988 $274.9 - $1,966 -
1987 $237 - $2,217 -
1986 $207.7 - $2,200 -
1985 $262.8 - $1,797 -
1984 $214.8 - $1,871 -
1983 $268.6 - $1,939 -
1982 $282.1 - $1,929 -
1981 $296 - $1,885 -
1980 $338 - $1,750 -
1979 $300 - $1,519 -
1978 $257.6 - $1,249 -
1977 $213.8 - $1,039 -
1976 $179.3 - $873 -
1975 $189.8 - $718 -
1974 $162.6 - $651 -
1973 $131.4 - $531 -
1972 $106.5 - $460 -
1971 $103.3 - $412 -
1970 $99.8 - $409 -
1969 $88.7 - $474 -
1968 $83.1 - $409 -
1967 $97 - $497 -
1966 $94.4 - $558 -
1965 - - $546 -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

GeoRank.org/economy/gambia/jordan | CC BY

The Gambia's GDP per capita is $871, ranking 183/197, compared to $4,618 in Jordan, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), the Gambia ranks 172nd at $3,476, while Jordan ranks 131st at $10,821.

Economic indicators

Gambia Jordan
Gross domestic product
$2.4B
2024
$53.4B
2024
GDP rank
174/197
2024
90/197
2024
GDP growth
5.55%
2023-2024
2.49%
2023-2024
GDP per capita
$871
2024
$4,618
2024
GDP per capita rank
183/197
2024
123/197
2024
GDP per capita, PPP
$3,476
2024
$10,821
2024
GDP per capita PPP rank
172/197
2024
131/197
2024
Government debt
$1.92B
2024
$48.1B
2024
Debt-to-GDP ratio
80%
2024
90.2%
2024
Government debt per person
$697
2024
$4,167
2024
Government debt per person rank
155/185
2024
91/185
2024
Average annual personal income after taxes
$741
2026
$4,787
2026
Market capitalization of domestic companies n/a
$24.9B
2024
Income share by richest 10%
30.5%
2020
27.4%
2010
Income share by poorest 10%
2.6%
2020
3.5%
2010
Government expenditure, % of GDP
25.8%
2024
33%
2024
Consumer prices inflation
11.6%
2023-2024
1.56%
2023-2024
Central bank interest rate
17%
2023
5.75%
2025
Unemployment rate
6.48%
2023
16.6%
2023
Population
2902554
11555022

Spending and national debt comparison by year

Gambia
Spending

Debt
Jordan
Spending

Debt
1x
Year % of GDP
Gambia Jordan
Government spending Government debt Government spending Government debt
2024 25.8% 80% 33% 90.2%
2023 24.9% 80.2% 32.9% 89%
2022 24.6% 83.9% 33.3% 88.6%
2021 21.5% 83.1% 34.1% 87.6%
2020 25.3% 85.9% 33.7% 104.5%
2019 23.9% 83% 32.4% 92.9%
2018 19% 83.6% 32% 87.4%
2017 23.6% 87% 29.6% 86.1%
2016 19.4% 80.7% 29.8% 85%
2015 19.6% 69.4% 31.7% 83.4%
2014 19% 71.1% 39.2% 78.6%
2013 17.2% 58.2% 36.4% 78.1%
2012 19.1% 49.5% 32.2% 73.8%
2011 16.5% 49.2% 27.4% 63.9%
2010 14.6% 42.9% 29.8% 59.5%
2009 14.4% 38.9% 35.9% 55.5%
2008 11.6% 39.5% 35.8% 53.2%
2007 11.2% 38% 37.7% 64.4%
2006 14% 87.3% 34.7% 65.6%
2005 12.9% 82.6% 37.3% 80.5%
2004 12.4% 81.3% 36.6% 86%
2003 9.3% 91.7% 36% 94.6%
2002 8.59% 93.9% 32.9% 91.3%
2001 9.68% 75.2% 32.1% 89.7%
2000 9.54% 73.3% 33.1% 85.6%
1999 - - 32.7% 98.1%
1998 - - 34.9% 99.8%
1997 - - 33.9% 98.1%
1996 - - 36.2% 104.9%
1995 - - 35.5% 106.1%
1994 - - 34.3% 116.2%
1993 - - 36.4% 126.6%
1992 - - 35.5% 139.6%
1991 - - 44.9% 187%
1990 - - 44% 204.8%
1989 - - 42.5% 195.4%
1988 - - 44.3% 129.3%
1987 - - 42.1% 101.9%
1986 - - 33.8% 84.3%
1985 - - 42.4% 85.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/gambia/jordan | CC BY

In 2024, the Gambia's government spending was $621M, accounting for 25.8% of its GDP, while Jordan spent $17.6B, or 33% of GDP.

Debt-to-GDP ratio is 80% in the Gambia and 90.2% in Jordan, ranking 45/185 and 32/185, respectively.

Government deficit by year

Deficit/surplus
Gambia

Jordan
1x
Year Deficit/surplus, % of GDP
Gambia Jordan
2024 -4.08% -7.33%
2023 -3.69% -6.89%
2022 -5.72% -6.8%
2021 -4.77% -8.45%
2020 -2.37% -10.1%
2019 -2.75% -7.19%
2018 -3.92% -5.78%
2017 -4.35% -3.61%
2016 -6.22% -3.71%
2015 -5.38% -7.1%
2014 -3.94% -15.5%
2013 -5.11% -16.1%
2012 -2.85% -13.8%
2011 -3.03% -5.61%
2010 -2.93% -5.43%
2009 -1.65% -8.66%
2008 -0.45% -5.38%
2007 0.27% -5.45%
2006 -3.19% -3.82%
2005 -3.33% -5.36%
2004 -1.77% -1.09%
2003 -1.73% -2.52%
2002 0.06% -4.44%
2001 -2.52% -2.77%
2000 -0.09% -3.99%
1999 - -2.69%
1998 - -5.4%
1997 - -2.97%
1996 - -3.25%
1995 - -1.72%
1994 - -2.3%
1993 - -2.14%
1992 - 1.87%
1991 - -10.2%
1990 - -7.45%
1989 - -6.89%
1988 - -13%
1987 - -13.4%
1986 - -2.39%
1985 - -6.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/gambia/jordan | CC BY

In 2024, the Gambia's government deficit, the difference between spending and revenue, was $98.2M, equivalent to 4.08% of GDP. This compares to Jordan's deficit of $3.91B, or 7.33% of GDP.

Over the past 25 years, the Gambia recorded a fiscal deficit in 23 of those years, while Jordan ran a deficit in 25 years. On average, the Gambia posted an annual deficit equal to 3.02% of GDP, compared to deficit of 6.68% of GDP for Jordan.

Inflation comparison by year

Inflation
Gambia

Jordan
1x
Year Consumer prices inflation
Gambia Jordan
2024 11.6% 1.56%
2023 17% 2.08%
2022 11.5% 4.23%
2021 7.37% 1.35%
2020 5.93% 0.33%
2019 7.12% 0.76%
2018 6.52% 4.46%
2017 8.03% 3.32%
2016 7.23% -0.78%
2015 6.81% -0.88%
2014 5.95% 2.9%
2013 5.7% 4.82%
2012 4.25% 4.52%
2011 4.8% 4.16%
2010 5.05% 4.85%
2009 4.56% -0.74%
2008 4.44% 14%
2007 5.37% 4.74%
2006 2.06% 6.25%
2005 4.84% 3.49%
2004 14.2% 3.36%
2003 17% 1.63%
2002 8.61% 1.83%
2001 4.49% 1.77%
2000 0.84% 0.67%
1999 3.81% 0.61%
1998 1.11% 3.09%
1997 2.78% 3.04%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/gambia/jordan | CC BY

Over the past 28 years, the Gambia has recorded an average annual inflation rate of 6.75%, compared with 2.91% in Jordan. In 2024, inflation was 11.6% in the Gambia and 1.56% in Jordan.

Top exports between countries

Gambia
Export category Export value
Jordan
Export category Export value
Processed food, beverages & tobacco $470K
Chemicals & pharma $256K
Metals $38K
Machinery & equipment $33K
Miscellaneous $5K
Wood & paper products $4K
Raw agricultural goods $3K

Balance of trade

Gambia Jordan
Current account balance
-$99.8M
2024
-$3.13B
2024
Current account balance ranking
88/190
2024
158/190
2024
Current account balance, % of GDP
-4.15%
2024
-5.86%
2024
Goods imports
$1.39B
2024
$23.9B
2024
Goods exports
$363M
2024
$13.3B
2024
Service imports
$161M
2024
$6.5B
2024
Service exports
$485M
2024
$9.45B
2024
Imports of goods and services, % of GDP
33.4%
2024
57.1%
2024
Exports of goods and services, % of GDP
8.75%
2024
42.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Gambia Jordan
Economic freedom 56.3 59.3
Economic freedom ranking 123/197 104/197
Property rights 55.4 52.3
Government integrity 40.5 51
Judicial effectiveness 45.8 44
Tax burden 79.2 84.1
Government spending 81.1 67.2
Fiscal health 54.8 5.2
Business freedom 50.1 62.7
Labor freedom 46.4 51.3
Monetary freedom 57.3 81.2
Trade freedom 64.8 82
Investment freedom 50 70
Financial freedom 50 60

Economic freedom comparison by year

Gambia
Jordan
1x
Year Economic freedom index
Gambia Jordan
2026 56.3 59.3
2025 56.8 59.4
2024 58.2 58.3
2023 57.9 58.8
2022 58 60.1
2021 58.8 64.6
2020 56.3 66
2019 52.4 66.5
2018 52.3 64.9
2017 53.4 66.7
2016 57.1 68.3
2015 57.5 69.3
2014 59.5 69.2
2013 58.8 70.4
2012 58.8 69.9
2011 57.4 68.9
2010 55.1 66.1
2009 55.8 65.4
2008 56.9 64.1
2007 57.7 64.5
2006 57.3 63.7
2005 56.5 66.7
2004 55.3 66.1
2003 56.3 65.3
2002 57.7 66.2
2001 56.6 68.3
2000 52.7 67.5
1999 52.1 67.4
1998 53.4 66.8
1997 52.9 63.6
1996 - 60.8
1995 - 62.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/gambia/jordan | CC BY

The Economic Freedom Index for the Gambia is 56.3, ranking 123/197, compared to 59.3 for Jordan, ranking 104/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gambia Jordan
Services, % of GDP
56.8%
2024
60.4%
2024
Industry, % of GDP
15.3%
2024
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
20.4%
2024
5.07%
2024
GNI, Atlas method
$2.43B
2024
$51.2B
2024
GNI per capita, PPP
$3,430
2024
$10,570
2024
Total reserves including gold
$629M
2024
$21.9B
2024
Total reserves ranking
151/177
2024
60/177
2024
Net foreign direct investment
-$232M
2024
-$1.58B
2024
Net inflows of foreign direct investment
$232M
2024
$1.63B
2024
Net outflows of foreign direct investment
-$665K
2024
$54.1M
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
8.64%
2024
Poverty at national poverty lines
53.4%
2020
14.2%
2020
Gross capital formation, % of GDP
29.9%
2024
25.2%
2021

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/gambia/jordan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20)
  6. TradeMap (2020–2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.