Gross savings in Gambia
Gambia: Gross savings was 42.23 billion current LCU in 2024. ◆ Volatile
Gross savings in Gambia, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for gross savings in Gambia is 42.23 billion current LCU, measured in 2024. That is the highest value across all 42 years on record.
That represents a change of up 52.0% on the previous year and up 621.4% over ten years.
Over the whole period, gross savings in Gambia peaked at 42.23 billion current LCU in 2024 and was at its lowest, -275.20 million current LCU, in 1996.
Gambia ranks 118th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.08 million current LCU | 13.64 million current LCU | 44.52 million current LCU | 2 |
| 1980s | 255.91 million current LCU | 56.55 million current LCU | 660.18 million current LCU | 10 |
| 1990s | 336.36 million current LCU | -275.20 million current LCU | 743.63 million current LCU | 8 |
| 2000s | 1.82 billion current LCU | 111.35 million current LCU | 3.48 billion current LCU | 7 |
| 2010s | 8.41 billion current LCU | -152.69 million current LCU | 16.30 billion current LCU | 10 |
| 2020s | 29.29 billion current LCU | 25.10 billion current LCU | 42.23 billion current LCU | 5 |
Countries ranked near Gambia
- 115 Tajikistan 60.37 billion current LCU compare
- 116 Libya 54.81 billion current LCU compare
- 117 Bolivia 52.33 billion current LCU compare
- 119 Ecuador 35.30 billion current LCU compare
- 120 Azerbaijan 30.29 billion current LCU compare
- 121 Sierra Leone 30.20 billion current LCU compare
More economy & growth data for Gambia
- DEC alternative conversion factor 71.74 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 37.29 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 550.65 million current US$ (2024)
- Taxes less subsidies on products 13.49 billion current LCU (2025)
- Taxes less subsidies on products 188.09 million current US$ (2025)
- Net primary income (Net income from abroad) -2.43 billion current LCU (2025)
- Net primary income (Net income from abroad) -33.93 million current US$ (2025)
- GNI per capita 65,074 current LCU (2025)
- GNI per capita, Atlas method 930 current US$ (2025)
- GNI 183.65 billion current LCU (2025)
Frequently asked questions
- What is gross savings in Gambia?
- Gross savings in Gambia was 42.23 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Gambia?
- The highest recorded value was 42.23 billion current LCU in 2024.
- What is the lowest gross savings recorded in Gambia?
- The lowest recorded value was -275.20 million current LCU in 1996.
- How does Gambia rank for gross savings?
- Gambia ranks 118th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Gambia?
- Over the last ten years it is up 621.4%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.