Foreign Debt (USD) rose 12.3% to USD 1,325 bil in Gambia in 2023

Foreign Debt (USD) (USD bil), 2023
Economy | Gambia | September 1, 2025
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Foreign debt rose 12.3% to USD 1,325 bil in Gambia in 2023, according to the National Statistical Office.

Historically, foreign debt in Gambia reached an all time high of USD 1,325 bil in 2023 and an all time low of USD 5.08 bil in 1970. When compared to Gambia's main peers, foreign debt in Guinea Bissau amounted to USD 1,128 bil, USD 6,457 bil in Mali, USD 4,604 bil in Mauritania and USD 39,950 bil in Senegal in 2023.

Gambia has been ranked 103rd within the group of 110 countries we follow in terms of foreign debt, 7 places above the position seen 10 years ago.

Foreign Debt (USD) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Algeria USD bil 5,707 5,710 5,492 5,178 7,379
Burkina Faso USD bil 12,771 10,624 9,159 9,761 10,296
Gambia USD bil 755 778 852 964 1,113
Guinea USD bil 2,390 2,591 3,540 4,117 4,642
Guinea Bissau USD bil 473 557 657 870 1,066
Mali USD bil 4,320 4,595 4,994 5,809 6,375
Mauritania USD bil 5,241 5,224 5,381 5,716 4,814
Morocco USD bil 51,358 50,686 55,279 66,010 65,687
Niger USD bil 3,035 3,176 3,584 4,549 4,967
Senegal USD bil 14,246 18,982 19,249 23,933 28,997

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