Wealth share of the richest 1% in Gambia

Gambia: Wealth share of the richest 1% was 26.4% in 2024. ▼ Falling

Latest (2024)
26.4%
Change on year
up 0.0%
World rank
123rd
of 215 countries
All-time high
33.8%
in 1982
All-time low
25.2%
in 2015
Years of data
45
1980–2024

Wealth share of the richest 1% in Gambia, 1980–2024

01020301980200220241980: 33.7 %1981: 33.8 %1982: 33.8 %1983: 33.8 %1984: 33.8 %1985: 33.8 %1986: 33.8 %1987: 33.8 %1988: 33.8 %1989: 33.8 %1990: 33.8 %1991: 33.7 %1992: 33.8 %1993: 33.8 %1994: 33.8 %1995: 33.8 %1996: 33.7 %1997: 33.8 %1998: 33.8 %1999: 33.7 %2000: 33.6 %2001: 33.4 %2002: 33.3 %2003: 32.9 %2004: 32.7 %2005: 32.4 %2006: 32.1 %2007: 31.9 %2008: 31.8 %2009: 31.6 %2010: 31.4 %2011: 30.1 %2012: 28.8 %2013: 27.1 %2014: 26 %2015: 25.2 %2016: 25.4 %2017: 25.7 %2018: 25.9 %2019: 26.1 %2020: 26.4 %2021: 26.4 %2022: 26.4 %2023: 26.4 %2024: 26.4 %

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

Annual values for Wealth share of the richest 1% in Gambia, 1980 to 2024.
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

DecadeAverage LowestHighest 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

  1. 120 Morocco 26.6% compare
  2. 121 Somalia 26.5% compare
  3. 122 Laos 26.4% compare
  4. 124 Czechia 26.3% compare
  5. 125 Cameroon 26.1% compare
  6. 126 South Korea 26.1% compare

See the full ranking of 215 places →

More reference data data for Gambia

All data for Gambia →

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.

Download this data

CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Wealth share of the richest 1% in Gambia. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/gambia-the/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/wealth-share-richest/gambia-the/">Wealth share of the richest 1% in Gambia</a> — Statizoid

About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

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.