Skip to content

Economy of Gambia vs Kazakhstan compared: GDP & Debt

Updated on by Georank team

The Gambia has a GDP of $2.4B compared to $291B for Kazakhstan, ranking 174/197 and 48/197 by economy size, respectively.

The Gambia has $1.92B in government debt (80% of GDP), compared to $71.1B (24.4% of GDP) in Kazakhstan.

Gambia vs Kazakhstan GDP by year

Gambia
Kazakhstan
1x
Year GDP, current $
Gambia Kazakhstan
2024 $2,404,888,749 $291,480,274,649
2023 $2,382,262,185 $261,840,101,060
2022 $2,204,734,528 $225,496,328,925
2021 $2,014,158,842 $197,112,255,361
2020 $1,812,170,891 $171,082,365,861
2019 $1,813,609,692 $181,667,184,855
2018 $1,670,671,328 $179,339,977,690
2017 $1,504,909,463 $166,805,788,827
2016 $1,484,578,886 $137,278,320,084
2015 $1,378,176,609 $184,388,404,706
2014 $1,229,461,721 $221,415,613,595
2013 $1,375,609,453 $236,634,603,409
2012 $1,415,004,738 $207,998,568,866
2011 $1,409,693,597 $192,626,464,617
2010 $1,543,294,927 $148,047,348,241
2009 $1,450,142,509 $115,308,686,941
2008 $1,561,766,956 $133,441,648,852
2007 $1,279,703,047 $104,849,915,058
2006 $1,054,112,488 $81,003,864,630
2005 $1,027,701,068 $57,123,671,734
2004 $961,900,651 $43,151,647,003
2003 $487,038,685 $30,833,692,900
2002 $578,235,309 $24,636,598,527
2001 $687,410,645 $22,152,689,180
2000 $782,913,872 $18,291,990,662
1999 $814,724,032 $16,870,817,182
1998 $840,285,265 $22,135,245,507
1997 $803,633,342 $22,165,932,063
1996 $848,239,446 $21,035,357,937
1995 $785,999,865 $20,374,302,652
1994 $746,493,952 $21,250,792,886
1993 $755,040,974 $23,409,260,880
1992 $714,254,256 $24,917,355,372
1991 $690,311,081 $24,923,076,923
1990 $317,083,695 $26,932,016,270
1989 $284,120,329 -
1988 $266,672,212 -
1987 $220,626,484 -
1986 $185,646,987 -
1985 $225,726,359 -
1984 $177,340,880 -
1983 $213,448,585 -
1982 $216,050,552 -
1981 $218,767,743 -
1980 $241,083,090 -
1979 $207,112,628 -
1978 $171,833,086 -
1977 $138,093,099 -
1976 $112,190,829 -
1975 $115,179,719 -
1974 $95,796,022 -
1973 $75,187,749 -
1972 $59,160,569 -
1971 $55,728,663 -
1970 $52,296,084 -
1969 $45,168,072 -
1968 $41,160,066 -
1967 $46,695,007 -
1966 $44,212,081 -

Data sources: World Bank | Economy & Growth (1966–2024, retrieved 2026-04-06).

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

GDP per capita in Gambia vs Kazakhstan by year

Gambia
GDP per capita

GDP per capita, PPP
Kazakhstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Gambia Kazakhstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $871 $3,476 $14,155 $40,891
2023 $883 $3,289 $12,879 $38,515
2022 $836 $3,067 $11,255 $35,895
2021 $782 $2,778 $9,984 $32,946
2020 $720 $2,531 $8,782 $29,040
2019 $738 $2,422 $9,457 $28,689
2018 $696 $2,277 $9,472 $25,096
2017 $643 $2,039 $8,943 $23,973
2016 $650 $2,013 $7,476 $23,023
2015 $620 $1,990 $10,196 $22,484
2014 $568 $1,934 $12,428 $23,958
2013 $654 $2,007 $13,478 $23,754
2012 $693 $2,065 $12,019 $21,367
2011 $711 $2,064 $11,287 $20,160
2010 $801 $2,267 $8,793 $18,642
2009 $775 $2,177 $6,938 $17,389
2008 $859 $2,088 $8,124 $17,278
2007 $725 $1,985 $6,449 $16,581
2006 $615 $1,931 $5,030 $14,966
2005 $616 $1,938 $3,577 $13,226
2004 $593 $1,979 $2,722 $11,777
2003 $309 $1,850 $1,958 $10,532
2002 $377 $1,744 $1,574 $9,504
2001 $460 $1,823 $1,422 $8,568
2000 $538 $1,731 $1,180 $7,418
1999 $575 $1,649 $1,092 $6,626
1998 $610 $1,572 $1,415 $6,284
1997 $600 $1,544 $1,382 $6,178
1996 $652 $1,489 $1,281 $5,836
1995 $622 $1,472 $1,218 $5,595
1994 $608 $1,473 $1,247 $5,860
1993 $635 $1,487 $1,355 $6,477
1992 $623 $1,462 $1,438 $6,945
1991 $628 $1,440 $1,442 $7,193
1990 $301 $1,409 $1,570 $7,874
1989 $280.9 - - -
1988 $274.9 - - -
1987 $237 - - -
1986 $207.7 - - -
1985 $262.8 - - -
1984 $214.8 - - -
1983 $268.6 - - -
1982 $282.1 - - -
1981 $296 - - -
1980 $338 - - -
1979 $300 - - -
1978 $257.6 - - -
1977 $213.8 - - -
1976 $179.3 - - -
1975 $189.8 - - -
1974 $162.6 - - -
1973 $131.4 - - -
1972 $106.5 - - -
1971 $103.3 - - -
1970 $99.8 - - -
1969 $88.7 - - -
1968 $83.1 - - -
1967 $97 - - -
1966 $94.4 - - -

Data sources: World Bank | Economy & Growth (1966–2024, retrieved 2026-04-06).

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

The Gambia's GDP per capita is $871, ranking 183/197, compared to $14,155 in Kazakhstan, ranking 71/197. Adjusted for purchasing power (GDP per capita PPP), the Gambia ranks 172nd at $3,476, while Kazakhstan ranks 58th at $40,891.

Economic indicators

Gambia Kazakhstan
Gross domestic product
$2.4B
2024
$291B
2024
GDP rank
174/197
2024
48/197
2024
GDP growth
5.55%
2023-2024
5%
2023-2024
GDP per capita
$871
2024
$14,155
2024
GDP per capita rank
183/197
2024
71/197
2024
GDP per capita, PPP
$3,476
2024
$40,891
2024
GDP per capita PPP rank
172/197
2024
58/197
2024
Government debt
$1.92B
2024
$71.1B
2024
Debt-to-GDP ratio
80%
2024
24.4%
2024
Government debt per person
$697
2024
$3,450
2024
Government debt per person rank
155/185
2024
95/185
2024
Average annual personal income after taxes
$741
2026
$7,486
2026
Market capitalization of domestic companies n/a
$62.8B
2024
Number of millionaires n/a
44,307
2025
Number of billionaires n/a
6
2025
Income share by richest 10%
30.5%
2020
24.8%
2021
Income share by poorest 10%
2.6%
2020
4.3%
2021
Government expenditure, % of GDP
25.8%
2024
20.7%
2024
Consumer prices inflation
11.6%
2023-2024
8.7%
2023-2024
Central bank interest rate
17%
2023
18%
2025
Unemployment rate
6.48%
2023
4.86%
2022
Population
2902554
21161809

Spending and national debt comparison by year

Gambia
Spending

Debt
Kazakhstan
Spending

Debt
1x
Year % of GDP
Gambia Kazakhstan
Government spending Government debt Government spending Government debt
2024 25.8% 80% 20.7% 24.4%
2023 24.9% 80.2% 23.4% 23%
2022 24.6% 83.9% 21.7% 23.5%
2021 21.5% 83.1% 22.1% 25.1%
2020 25.3% 85.9% 24.5% 26.4%
2019 23.9% 83% 20.2% 19.9%
2018 19% 83.6% 18.8% 20.3%
2017 23.6% 87% 24.1% 19.9%
2016 19.4% 80.7% 21.5% 19.7%
2015 19.6% 69.4% 22.9% 21.9%
2014 19% 71.1% 21.3% 14.5%
2013 17.2% 58.2% 19.8% 12.6%
2012 19.1% 49.5% 21.9% 12.1%
2011 16.5% 49.2% 21.2% 10.2%
2010 14.6% 42.9% 22.5% 10.7%
2009 14.4% 38.9% 23.5% 10.2%
2008 11.6% 39.5% 27.1% 6.77%
2007 11.2% 38% 23.7% 4.09%
2006 14% 87.3% 19.8% 6.68%
2005 12.9% 82.6% 22% 8.1%
2004 12.4% 81.3% 21.3% 11.4%
2003 9.3% 91.7% 21.4% 15%
2002 8.59% 93.9% 20.5% 17.6%
2001 9.68% 75.2% - -
2000 9.54% 73.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

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

In 2024, the Gambia's government spending was $621M, accounting for 25.8% of its GDP, while Kazakhstan spent $60.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 80% in the Gambia and 24.4% in Kazakhstan, ranking 45/185 and 167/185, respectively.

Government deficit by year

Deficit/surplus
Gambia

Kazakhstan
1x
Year Deficit/surplus, % of GDP
Gambia Kazakhstan
2024 -4.08% -1.6%
2023 -3.69% -1.52%
2022 -5.72% 0.11%
2021 -4.77% -4.97%
2020 -2.37% -7.04%
2019 -2.75% -0.57%
2018 -3.92% 2.58%
2017 -4.35% -4.27%
2016 -6.22% -4.5%
2015 -5.38% -6.26%
2014 -3.94% 2.48%
2013 -5.11% 4.95%
2012 -2.85% 4.43%
2011 -3.03% 5.81%
2010 -2.93% 1.47%
2009 -1.65% -1.33%
2008 -0.45% 1.23%
2007 0.27% 5.13%
2006 -3.19% 7.65%
2005 -3.33% 6.08%
2004 -1.77% 3.29%
2003 -1.73% 4%
2002 0.06% 1.92%
2001 -2.52% -
2000 -0.09% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

GeoRank.org/economy/gambia/kazakhstan | 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 Kazakhstan's deficit of $4.66B, or 1.6% of GDP.

Over the past 23 years, the Gambia recorded a fiscal deficit in 21 of those years, while Kazakhstan ran a deficit in 9 years. On average, the Gambia posted an annual deficit equal to 3.17% of GDP, compared to surplus of 0.83% of GDP for Kazakhstan.

Inflation comparison by year

Inflation
Gambia

Kazakhstan
1x
Year Consumer prices inflation
Gambia Kazakhstan
2024 11.6% 8.7%
2023 17% 14.5%
2022 11.5% 15%
2021 7.37% 8%
2020 5.93% 6.8%
2019 7.12% 5.3%
2018 6.52% 6%
2017 8.03% 7.5%
2016 7.23% 14.6%
2015 6.81% 6.8%
2014 5.95% 6.6%
2013 5.7% 5.8%
2012 4.25% 5.1%
2011 4.8% 8.4%
2010 5.05% 7.1%
2009 4.56% 7.3%
2008 4.44% 17.2%
2007 5.37% 10.8%
2006 2.06% 8.6%
2005 4.84% 7.4%
2004 14.2% 7%
2003 17% 6.4%
2002 8.61% 6%
2001 4.49% 8.4%
2000 0.84% 13.2%
1999 3.81% 8.3%
1998 1.11% 7.1%
1997 2.78% 17.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Gambia has recorded an average annual inflation rate of 6.75%, compared with 8.98% in Kazakhstan. In 2024, inflation was 11.6% in the Gambia and 8.7% in Kazakhstan.

Top exports between countries

Gambia
Export category Export value
Kazakhstan
Export category Export value
Machinery & equipment $2K

Balance of trade

Gambia Kazakhstan
Current account balance
-$99.8M
2024
-$7.94B
2024
Current account balance ranking
88/190
2024
173/190
2024
Current account balance, % of GDP
-4.15%
2024
-2.72%
2024
Goods imports
$1.39B
2024
$61.8B
2024
Goods exports
$363M
2024
$79B
2024
Service imports
$161M
2024
$13B
2024
Service exports
$485M
2024
$11.8B
2024
Imports of goods and services, % of GDP
33.4%
2024
25.6%
2024
Exports of goods and services, % of GDP
8.75%
2024
31.6%
2024

Economic freedom indices

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

Gambia Kazakhstan
Economic freedom 56.3 64.2
Economic freedom ranking 123/197 75/197
Property rights 55.4 54.9
Government integrity 40.5 40.7
Judicial effectiveness 45.8 33.8
Tax burden 79.2 91.2
Government spending 81.1 85.6
Fiscal health 54.8 97.2
Business freedom 50.1 64.9
Labor freedom 46.4 63.5
Monetary freedom 57.3 64.3
Trade freedom 64.8 74.4
Investment freedom 50 50
Financial freedom 50 50

Economic freedom comparison by year

Gambia
Kazakhstan
1x
Year Economic freedom index
Gambia Kazakhstan
2026 56.3 64.2
2025 56.8 63.8
2024 58.2 62
2023 57.9 62.1
2022 58 64.4
2021 58.8 71.1
2020 56.3 69.6
2019 52.4 65.4
2018 52.3 69.1
2017 53.4 69
2016 57.1 63.6
2015 57.5 63.3
2014 59.5 63.7
2013 58.8 63
2012 58.8 63.6
2011 57.4 62.1
2010 55.1 61
2009 55.8 60.1
2008 56.9 61.1
2007 57.7 59.6
2006 57.3 60.2
2005 56.5 53.9
2004 55.3 49.7
2003 56.3 52.3
2002 57.7 52.4
2001 56.6 51.8
2000 52.7 50.4
1999 52.1 47.3
1998 53.4 41.7
1997 52.9 -

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for the Gambia is 56.3, ranking 123/197, compared to 64.2 for Kazakhstan, ranking 75/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Gambia Kazakhstan
Services, % of GDP
56.8%
2024
57.9%
2024
Industry, % of GDP
15.3%
2024
32.1%
2024
Agriculture, forestry, and fishing, % of GDP
20.4%
2024
3.88%
2024
GNI, Atlas method
$2.43B
2024
$249B
2024
GNI per capita, PPP
$3,430
2024
$37,590
2024
Total reserves including gold
$629M
2024
$45.8B
2024
Total reserves ranking
151/177
2024
43/177
2024
Net foreign direct investment
-$232M
2024
-$3.9B
2024
Net inflows of foreign direct investment
$232M
2024
$1.98B
2024
Net outflows of foreign direct investment
-$665K
2024
-$1.92B
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
17.3%
2024
Poverty at national poverty lines
53.4%
2020
5%
2024
Gross capital formation, % of GDP
29.9%
2024
27.2%
2024

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/kazakhstan | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1966–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. TradeMap (2021, retrieved 2026-02-08)

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.