Net financial account in Gambia
Gambia: Net financial account was -315.19 million BoP, current US$ in 2024. ◆ Volatile
Net financial account in Gambia, 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net financial account in Gambia stood at -315.19 million BoP, current US$. That is the lowest value across all 42 years on record.
That represents a change of down 18.0% on the previous year and down 2,650.9% over ten years.
Over the whole period, net financial account in Gambia peaked at 57.14 million BoP, current US$ in 2009 and was at its lowest, -315.19 million BoP, current US$, in 2024.
Gambia ranks 106th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -34.61 million BoP, current US$ | -40.05 million BoP, current US$ | -29.16 million BoP, current US$ | 2 |
| 1980s | -11.25 million BoP, current US$ | -42.04 million BoP, current US$ | 21.49 million BoP, current US$ | 10 |
| 1990s | -19.66 million BoP, current US$ | -48.84 million BoP, current US$ | 11.57 million BoP, current US$ | 8 |
| 2000s | -33.20 million BoP, current US$ | -76.41 million BoP, current US$ | 57.14 million BoP, current US$ | 7 |
| 2010s | -54.17 million BoP, current US$ | -122.79 million BoP, current US$ | 12.36 million BoP, current US$ | 10 |
| 2020s | -227.50 million BoP, current US$ | -315.19 million BoP, current US$ | -92.90 million BoP, current US$ | 5 |
Countries ranked near Gambia
- 103 Antigua and Barbuda -241.91 million BoP, current US$ compare
- 104 Grenada -248.95 million BoP, current US$ compare
- 105 Liberia -297.26 million BoP, current US$ compare
- 107 Equatorial Guinea -320.32 million BoP, current US$ compare
- 108 Burundi -410.29 million BoP, current US$ compare
- 109 Fiji -424.17 million BoP, current US$ compare
More economy & growth data for Gambia
- Industry (including construction), value added 448.58 million constant 2015 US$ (2025)
- Final consumption expenditure 4.1% (2025)
- Industry (including construction), value added 15.01 billion constant LCU (2025)
- Final consumption expenditure 96.3% (2025)
- Industry (including construction), value added 6.0% (2025)
- Gross national expenditure 3.55 billion current US$ (2025)
- Gross national expenditure 254.39 billion current LCU (2025)
- Gross national expenditure 2.78 billion constant 2015 US$ (2025)
- Exports of goods and services 34.0% (2025)
- Exports of goods and services 269.18 million constant 2015 US$ (2025)
Frequently asked questions
- What is net financial account in Gambia?
- Net financial account in Gambia was -315.19 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Gambia?
- The highest recorded value was 57.14 million BoP, current US$ in 2009.
- What is the lowest net financial account recorded in Gambia?
- The lowest recorded value was -315.19 million BoP, current US$ in 2024.
- How does Gambia rank for net financial account?
- Gambia ranks 106th out of 198 countries with data for 2024.
- Is net financial account rising or falling in Gambia?
- Over the last ten years it is down 2,650.9%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.