Use of IMF credit (DOD, current US$) in Gambia
Gambia: Use of IMF credit (DOD, current US$) was 271.43 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Gambia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for use of imf credit in Gambia is 271.43 million DOD, current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 8.1% on the previous year and up 212.8% over ten years.
Over the whole period, use of imf credit in Gambia peaked at 271.43 million DOD, current US$ in 2024 and was at its lowest, 0 DOD, current US$, in 1970.
That places Gambia 97th out of 123 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit (DOD, current US$) in Gambia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 0 DOD, current US$ | — |
| 1971 | 0 DOD, current US$ | — |
| 1972 | 0 DOD, current US$ | — |
| 1973 | 0 DOD, current US$ | — |
| 1974 | 0 DOD, current US$ | — |
| 1975 | 0 DOD, current US$ | — |
| 1976 | 0 DOD, current US$ | — |
| 1977 | 5.17 million DOD, current US$ | — |
| 1978 | 15.24 million DOD, current US$ | +194.7% |
| 1979 | 13.65 million DOD, current US$ | -10.5% |
| 1980 | 16.19 million DOD, current US$ | +18.6% |
| 1981 | 25.26 million DOD, current US$ | +56.0% |
| 1982 | 40.05 million DOD, current US$ | +58.5% |
| 1983 | 35.08 million DOD, current US$ | -12.4% |
| 1984 | 32.94 million DOD, current US$ | -6.1% |
| 1985 | 32.98 million DOD, current US$ | +0.1% |
| 1986 | 29.53 million DOD, current US$ | -10.5% |
| 1987 | 37.80 million DOD, current US$ | +28.0% |
| 1988 | 34.57 million DOD, current US$ | -8.5% |
| 1989 | 37.67 million DOD, current US$ | +9.0% |
| 1990 | 44.93 million DOD, current US$ | +19.3% |
| 1991 | 40.21 million DOD, current US$ | -10.5% |
| 1992 | 35.59 million DOD, current US$ | -11.5% |
| 1993 | 33.21 million DOD, current US$ | -6.7% |
| 1994 | 31.30 million DOD, current US$ | -5.7% |
| 1995 | 25.77 million DOD, current US$ | -17.7% |
| 1996 | 17.55 million DOD, current US$ | -31.9% |
| 1997 | 10.22 million DOD, current US$ | -41.8% |
| 1998 | 10.43 million DOD, current US$ | +2.0% |
| 1999 | 18.37 million DOD, current US$ | +76.1% |
| 2000 | 24.81 million DOD, current US$ | +35.1% |
| 2001 | 32.34 million DOD, current US$ | +30.3% |
| 2002 | 38.91 million DOD, current US$ | +20.3% |
| 2003 | 42.53 million DOD, current US$ | +9.3% |
| 2004 | 32.71 million DOD, current US$ | -23.1% |
| 2005 | 28.14 million DOD, current US$ | -14.0% |
| 2006 | 25.49 million DOD, current US$ | -9.4% |
| 2007 | 14.41 million DOD, current US$ | -43.4% |
| 2008 | 20.21 million DOD, current US$ | +40.2% |
| 2009 | 75.23 million DOD, current US$ | +272.2% |
| 2010 | 76.98 million DOD, current US$ | +2.3% |
| 2011 | 80.32 million DOD, current US$ | +4.3% |
| 2012 | 94.44 million DOD, current US$ | +17.6% |
| 2013 | 95.48 million DOD, current US$ | +1.1% |
| 2014 | 86.77 million DOD, current US$ | -9.1% |
| 2015 | 88.44 million DOD, current US$ | +1.9% |
| 2016 | 80.05 million DOD, current US$ | -9.5% |
| 2017 | 93.94 million DOD, current US$ | +17.4% |
| 2018 | 84.05 million DOD, current US$ | -10.5% |
| 2019 | 77.24 million DOD, current US$ | -8.1% |
| 2020 | 103.38 million DOD, current US$ | +33.8% |
| 2021 | 227.66 million DOD, current US$ | +120.2% |
| 2022 | 247.79 million DOD, current US$ | +8.8% |
| 2023 | 251.09 million DOD, current US$ | +1.3% |
| 2024 | 271.43 million DOD, current US$ | +8.1% |
Gambia compared with similar countries
- Gambia's 271.43 million DOD, current US$ is below the median for low income countries, which is 779.87 million DOD, current US$, 35% of the median. (23 countries reporting)
- Gambia's 271.43 million DOD, current US$ is below the median for Sub-Saharan Africa, which is 842.15 million DOD, current US$, 32% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit (DOD, current US$) 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 |
|---|---|---|---|
| 2009 | +272.2% | 20.21 million DOD, current US$ | 75.23 million DOD, current US$ |
| 1978 | +194.7% | 5.17 million DOD, current US$ | 15.24 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.41 million DOD, current US$ | 0 DOD, current US$ | 15.24 million DOD, current US$ | 10 |
| 1980s | 32.21 million DOD, current US$ | 16.19 million DOD, current US$ | 40.05 million DOD, current US$ | 10 |
| 1990s | 26.76 million DOD, current US$ | 10.22 million DOD, current US$ | 44.93 million DOD, current US$ | 10 |
| 2000s | 33.48 million DOD, current US$ | 14.41 million DOD, current US$ | 75.23 million DOD, current US$ | 10 |
| 2010s | 85.77 million DOD, current US$ | 76.98 million DOD, current US$ | 95.48 million DOD, current US$ | 10 |
| 2020s | 220.27 million DOD, current US$ | 103.38 million DOD, current US$ | 271.43 million DOD, current US$ | 5 |
Countries ranked near Gambia
- 94 Botswana 321.39 million DOD, current US$ compare
- 95 Mauritius 303.99 million DOD, current US$ compare
- 96 Mongolia 287.85 million DOD, current US$ compare
- 98 Kosovo 259.61 million DOD, current US$ compare
- 98 Kosovo (UNSCR 1244) 259.61 million DOD, current US$ compare
- 100 Fiji 210.50 million DOD, current US$ compare
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 use of imf credit in Gambia?
- Use of imf credit in Gambia was 271.43 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Gambia?
- The highest recorded value was 271.43 million DOD, current US$ in 2024.
- What is the lowest use of imf credit recorded in Gambia?
- The lowest recorded value was 0 DOD, current US$ in 1970.
- How does Gambia rank for use of imf credit?
- Gambia ranks 97th out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Gambia?
- Over the last ten years it is up 212.8%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.