Financial account balance (assets less liabilities), Net (net) in Gambia
Gambia: Financial account balance (assets less liabilities), Net (net) was -374.76 million in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Gambia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, financial account balance (assets less liabilities), net (net) in Gambia stood at -374.76 million. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 27.9% on the previous year and down 19,109.5% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Gambia peaked at 48.80 million in 2009 and was at its lowest, -374.76 million, in 2024.
Gambia ranks 113th of 197 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.
Financial account balance (assets less liabilities), Net (net) in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -76.88 million | — |
| 2006 | -70.68 million | -8.1% |
| 2007 | -45.40 million | -35.8% |
| 2008 | -29.10 million | -35.9% |
| 2009 | 48.80 million | -267.7% |
| 2010 | 35.87 million | -26.5% |
| 2011 | -104.92 million | -392.5% |
| 2012 | -32.10 million | -69.4% |
| 2013 | -44.67 million | +39.1% |
| 2014 | 1.97 million | -104.4% |
| 2015 | -93.00 million | -4817.2% |
| 2016 | -81.55 million | -12.3% |
| 2017 | -63.91 million | -21.6% |
| 2018 | -60.81 million | -4.9% |
| 2019 | -4.05 million | -93.3% |
| 2020 | -91.13 million | +2150.8% |
| 2021 | -15.14 million | -83.4% |
| 2022 | -324.16 million | +2040.4% |
| 2023 | -292.92 million | -9.6% |
| 2024 | -374.76 million | +27.9% |
Gambia compared with similar countries
- Gambia's -374.76 million is above the median for low income countries, which is -695.48 million, 54% of the median. (20 countries reporting)
- Gambia's -374.76 million is above the median for Sub-Saharan Africa, which is -604.53 million, 62% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Financial account balance (assets less liabilities), Net (net) in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -4817.2% | 1.97 million | -93.00 million |
| 2020 | -2150.8% | -4.05 million | -91.13 million |
| 2022 | -2040.4% | -15.14 million | -324.16 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -34.65 million | -76.88 million | 48.80 million | 5 |
| 2010s | -44.72 million | -104.92 million | 35.87 million | 10 |
| 2020s | -219.62 million | -374.76 million | -15.14 million | 5 |
Countries ranked near Gambia
More external debt data for Gambia
- IFC, private nonguaranteed (NFL, US$), per capita -0.0288 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -30.29 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita -0.9239 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0011 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 163.93 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 333.31 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 1.05 billion DOD, current US$ (2025)
- External debt stocks, long-term 1.35 billion DOD, current US$ (2025)
- External debt stocks, short-term 112.06 million DOD, current US$ (2025)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Gambia?
- Financial account balance (assets less liabilities), net (net) in Gambia was -374.76 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Gambia?
- The highest recorded value was 48.80 million in 2009.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Gambia?
- The lowest recorded value was -374.76 million in 2024.
- How does Gambia rank for financial account balance (assets less liabilities), net (net)?
- Gambia ranks 113th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Gambia?
- Over the last ten years it is down 19,109.5%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.