Gambia, The: Merchandise exports by the reporting economy (current US$)

Key figures

What the numbers say

In 2023, Gambia, The's merchandise exports by the reporting economy (current US$) rose 4,686.9% on 2022 (from US$59.16 million to US$2.83 billion).

Across the 30 yearly changes before that (1993 to 2022), the average change was +28.7% and a typical year strayed about 109% from that (the standard deviation). This year's change was 42.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 4,686.9% in 2023 and the biggest yearly fall was 82.7% in 2003. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 26% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Gambia, The had the 137th highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Gambia, The in the 2023 ranking

• Madagascar — 134th of 205: US$3.09 billion
• Syrian Arab Republic — 135th of 205: US$2.99 billion
• Ethiopia — 136th of 205: US$2.86 billion
• Faroe Islands — 138th of 205: US$2.35 billion
• Eswatini — 139th of 205: US$2.1 billion
• Jamaica — 140th of 205: US$1.96 billion

What this measures

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Regional and income-group figures are computed by the World Bank as a sum.

All 61 values

Merchandise exports by the reporting economy (current US$) in nearby economies

• Angola — US$38.48 billion (2023)
• Benin — US$1.05 billion (2023)
• Botswana — US$5.08 billion (2023)
• Burkina Faso — US$4.46 billion (2023)
• Burundi — US$156.8 million (2023)
• Cabo Verde — US$170.84 million (2023)
• Cameroon — US$4.45 billion (2023)
• Central African Republic — US$115.95 million (2023)
• Chad — US$4.22 billion (2023)

More private sector & trade data for Gambia, The

• Merchandise imports (current US$) — US$894 million (2025)
• Merchandise exports (current US$) — US$514 million (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 77.7% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 12.28% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 4.77% (2023)
• Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) — 3.84% (2023)
• Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)

Reading data like this

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Questions people ask

What is Gambia, The's merchandise exports by the reporting economy (current US$)?

US$2.83 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1963?

It is up 32,735% from US$8.63 million in 1963 (10.14% a year on average, compounded). The highest value was US$2.83 billion in 2023 and the lowest US$3.08 million in 2003.

How does Gambia, The rank?

137th highest of 205 economies with data for 2023.

Is the latest change in merchandise exports by the reporting economy (current US$) unusual for Gambia, The?

In 2023, Gambia, The's merchandise exports by the reporting economy (current US$) rose 4,686.9% on 2022 (from US$59.16 million to US$2.83 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +28.7% and a typical year strayed about 109% from that (the standard deviation). This year's change was 42.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.WL.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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