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% |
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 -79,395 NFL, US$ (2024)
- 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)
- Public and publicly guaranteed debt service 2.0% (2024)
- Net financial flows, IDA -2.55 million NFL, current US$ (2024)
- 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)
- Public and publicly guaranteed debt service 5.2% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 163.93 NFL, current US$ per square kilometre (2023)
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.
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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.