The Gambia aims to raise domestic revenue by about 3.21 percentage points of GDP by 2030 under its first Domestic Resource Mobilization Strategy, which covers 2026 to 2030, Finance Minister Seedy Keita told the African Tax Administration Forum in Cairo on November 4, Gambian newspaper The Point reported. Tax revenue rose to about 13% of GDP at the end of 2025 from 9.8% in 2020, he said.
Analysis: The target would roughly repeat the 3.2-point gain in the tax ratio since 2020, although it covers all domestic revenue rather than tax alone. The 2027 budget already assumes tax revenue of 31.47bn GMD (€370mn), or 13.5% of projected GDP, by our calculation. Most of any further gain would therefore have to come in 2028 to 2030. Each point of GDP is worth about 2.3bn GMD (€27mn) at projected 2027 output, by our calculation. The minister did not specify from which year the target is measured. The strategy, with any breakdown by tax, has not been published.
Source: The Point newspaper (Banjul), The Point, November 6, 2026, By 2030 and 2020 and March 2026; The Point newspaper (Banjul), The Point, 'Gambia targets D3.21B GDP revenue gain by 2030 under new strategy - finance minister', November 6, 2026, End-2025; Kerr Fatou, Kerr Fatou, reporting the 2027 draft estimates, FY2027; Foroyaa Newspaper (Serrekunda), Minister of Finance's 2027 Budget Speech to the National Assembly, October 23, 2026, as reported by Foroyaa (October 23, 2026), 2026