Current account balance excluding net official capital grants in Gambia
Gambia: Current account balance excluding net official capital grants was 7.5% in 2011. ◆ Volatile
Current account balance excluding net official capital grants in Gambia, 2005–2011
Source: World Bank country economists. Measured in % of GDP.
Analysis
In 2011, current account balance excluding net official capital grants in Gambia stood at 7.5%. That is the highest value across all 7 years on record.
The figure is up 26.2% on the previous year and up 207.3% over ten years.
Gambia ranks 4th of 41 countries on this measure, in the top 10%.
Current account balance excluding net official capital grants in Gambia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -7.0% | — |
| 2006 | -10.0% | +44.1% |
| 2007 | -7.3% | -27.0% |
| 2008 | 1.1% | -115.4% |
| 2009 | 7.0% | +522.4% |
| 2010 | 5.9% | -15.5% |
| 2011 | 7.5% | +26.2% |
Gambia compared with similar countries
- Gambia's 7.5% is above the median for low income countries, which is -12.4%. (14 countries reporting)
- Gambia's 7.5% is above the median for Sub-Saharan Africa, which is -8.9%. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.2% | -10.0% | 7.0% | 5 |
| 2010s | 6.7% | 5.9% | 7.5% | 2 |
Countries ranked near Gambia
More trade data for Gambia
- Commodity Net Export Price Index, Individual Commodities Weighted by 123.95 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.85 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.06 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 103.01 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.29 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 73.76 (2025)
- Imports of low carbon technology products, Percent of GDP 0.9095 (2024)
- Imports of low carbon technology products, US dollar (World), per 7.76 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0089 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 43,323 (2024)
Frequently asked questions
- What is current account balance excluding net official capital grants in Gambia?
- Current account balance excluding net official capital grants in Gambia was 7.5% in 2011, according to World Bank country economists.
- What is the highest current account balance excluding net official capital grants recorded in Gambia?
- The highest recorded value was 7.5% in 2011.
- What is the lowest current account balance excluding net official capital grants recorded in Gambia?
- The lowest recorded value was -10.0% in 2006.
- How does Gambia rank for current account balance excluding net official capital grants?
- Gambia ranks 4th out of 41 countries with data for 2011.
- Is current account balance excluding net official capital grants rising or falling in Gambia?
- Over the last ten years it is up 207.3%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from World Bank country economists, published as part of Current account balance excluding net official capital grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. This is divided by GDP at market prices, with both series expressed in current U.S. dollars.