Gross savings in Gambia
Gambia: Gross savings was 623.58 million current US$ in 2024. ◆ Volatile
Gross savings in Gambia, 1978–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Gambia stood at 623.58 million current US$. That is the highest value across all 42 years on record.
The figure is up 37.4% on the previous year and up 344.5% over ten years.
Over the whole period, gross savings in Gambia peaked at 623.58 million current US$ in 2024 and was at its lowest, -28.09 million current US$, in 1996.
That places Gambia 153rd out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.06 million current US$ | 6.54 million current US$ | 23.58 million current US$ | 2 |
| 1980s | 50.78 million current US$ | 21.43 million current US$ | 93.32 million current US$ | 10 |
| 1990s | 37.68 million current US$ | -28.09 million current US$ | 83.59 million current US$ | 8 |
| 2000s | 66.70 million current US$ | 5.02 million current US$ | 123.83 million current US$ | 7 |
| 2010s | 194.74 million current US$ | -5.45 million current US$ | 325.61 million current US$ | 10 |
| 2020s | 504.43 million current US$ | 453.79 million current US$ | 623.58 million current US$ | 5 |
Countries ranked near Gambia
- 150 Belize 651.38 million current US$ compare
- 151 Montenegro 650.78 million current US$ compare
- 152 Cape Verde 646.00 million current US$ compare
- 154 Djibouti 617.06 million current US$ compare
- 155 Aruba 520.11 million current US$ compare
- 156 Guinea-Bissau 419.34 million current US$ 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 623.58 million current US$ 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 623.58 million current US$ in 2024.
- What is the lowest gross savings recorded in Gambia?
- The lowest recorded value was -28.09 million current US$ in 1996.
- How does Gambia rank for gross savings?
- Gambia ranks 153rd out of 177 countries with data for 2024.
- Is gross savings rising or falling in Gambia?
- Over the last ten years it is up 344.5%. 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 US$). 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 indicator is expressed in United States dollars.