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Gross domestic product per capita in current prices

(US dollars)

In 2017, GDP per capita in Gambia was 705 US dollars. In the ranking by GDP per capita including 189 countries, Gambia has the 176th rank that is close to the positions of such countries as Uganda and the Liberia. Compared to Luxembourg which at the top of the ranking with GDP per capita of 105,863 US dollars in 2017, Gambia has 99.33 % percent lower GDP per capita.


What is GDP per capita?

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.