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 |