General Government Revenue for Gambia, The
GMBGGRG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.63
Year-over-Year Change
16.67%
Date Range
1/1/2000 - 1/1/2026
Summary
This economic trend measures the general government revenue as a percentage of GDP for The Gambia. It is a key indicator of a country's fiscal position and the government's ability to generate revenue to fund public expenditures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
General government revenue includes all money collected by the national, regional, and local governments through taxes, social contributions, grants, and other sources. Analyzing this metric provides insights into a country's overall fiscal health and its capacity to finance public services and investments.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on national accounts and fiscal data.
Historical Context
This trend is widely used by economists, policymakers, and international organizations to assess the fiscal sustainability and development priorities of The Gambia.
Key Facts
- General government revenue in The Gambia was 18.4% of GDP in 2021.
- The Gambia's government revenue has increased from 12.7% of GDP in 2000 to 18.4% in 2021.
- Improving tax collection and expanding the revenue base are key priorities for The Gambia's economic development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the general government revenue, which includes all money collected by the national, regional, and local governments in The Gambia through taxes, social contributions, grants, and other sources.
Q: Why is this trend relevant for users or analysts?
A: Analyzing the general government revenue as a percentage of GDP provides insights into The Gambia's fiscal health, the government's ability to generate revenue, and its capacity to finance public services and investments.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on national accounts and fiscal data.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and international organizations to assess the fiscal sustainability and development priorities of The Gambia.
Q: Are there update delays or limitations?
A: The data is updated annually by the IMF, and there may be some delays in the most recent years due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, General Government Revenue for Gambia, The (GMBGGRG01GDPPT), retrieved from FRED.