Wealth share of the richest 1% in Gambia
Gambia: Wealth share of the richest 1% was 26.4% in 2024. ▼ Falling
Wealth share of the richest 1% in Gambia, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, wealth share of the richest 1% in Gambia stood at 26.4%.
That represents a change of up 1.5% over ten years.
Over the whole period, wealth share of the richest 1% in Gambia peaked at 33.8% in 1982 and was at its lowest, 25.2%, in 2015.
Gambia ranks 123rd of 215 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Wealth share of the richest 1% in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 33.7% | — |
| 1981 | 33.8% | +0.1% |
| 1982 | 33.8% | +0.0% |
| 1983 | 33.8% | -0.0% |
| 1984 | 33.8% | +0.0% |
| 1985 | 33.8% | -0.1% |
| 1986 | 33.8% | -0.0% |
| 1987 | 33.8% | +0.1% |
| 1988 | 33.8% | +0.0% |
| 1989 | 33.8% | -0.0% |
| 1990 | 33.8% | +0.0% |
| 1991 | 33.7% | -0.1% |
| 1992 | 33.8% | +0.1% |
| 1993 | 33.8% | +0.0% |
| 1994 | 33.8% | -0.0% |
| 1995 | 33.8% | +0.1% |
| 1996 | 33.7% | -0.1% |
| 1997 | 33.8% | +0.0% |
| 1998 | 33.8% | +0.1% |
| 1999 | 33.7% | -0.3% |
| 2000 | 33.6% | -0.3% |
| 2001 | 33.4% | -0.6% |
| 2002 | 33.3% | -0.3% |
| 2003 | 32.9% | -1.2% |
| 2004 | 32.7% | -0.5% |
| 2005 | 32.4% | -1.0% |
| 2006 | 32.1% | -0.9% |
| 2007 | 31.9% | -0.6% |
| 2008 | 31.8% | -0.3% |
| 2009 | 31.6% | -0.6% |
| 2010 | 31.4% | -0.7% |
| 2011 | 30.1% | -4.1% |
| 2012 | 28.8% | -4.2% |
| 2013 | 27.1% | -6.0% |
| 2014 | 26.0% | -4.0% |
| 2015 | 25.2% | -3.0% |
| 2016 | 25.4% | +0.9% |
| 2017 | 25.7% | +1.0% |
| 2018 | 25.9% | +0.9% |
| 2019 | 26.1% | +0.7% |
| 2020 | 26.4% | +1.1% |
| 2021 | 26.4% | +0.0% |
| 2022 | 26.4% | +0.0% |
| 2023 | 26.4% | -0.0% |
| 2024 | 26.4% | +0.0% |
Gambia compared with similar countries
- Gambia's 26.4% is above the median for low income countries, which is 25.9%, 1.0× the median. (25 countries reporting)
- Gambia's 26.4% is above the median for Sub-Saharan Africa, which is 26.3%, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.8% | 33.7% | 33.8% | 10 |
| 1990s | 33.8% | 33.7% | 33.8% | 10 |
| 2000s | 32.5% | 31.6% | 33.6% | 10 |
| 2010s | 27.2% | 25.2% | 31.4% | 10 |
| 2020s | 26.4% | 26.4% | 26.4% | 5 |
Countries ranked near Gambia
More reference data data for Gambia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0121 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2798 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3524 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3524 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0407 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.72 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1264 (2050)
Frequently asked questions
- What is wealth share of the richest 1% in Gambia?
- Wealth share of the richest 1% in Gambia was 26.4% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Gambia?
- The highest recorded value was 33.8% in 1982.
- What is the lowest wealth share of the richest 1% recorded in Gambia?
- The lowest recorded value was 25.2% in 2015.
- How does Gambia rank for wealth share of the richest 1%?
- Gambia ranks 123rd out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Gambia?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
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About this data
Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.