Current account balance in Gambia
Gambia: Current account balance was 7.7% in 2011. ◆ Volatile
Current account balance in Gambia, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in % of GNP.
Analysis
In 2011, current account balance in Gambia stood at 7.7%. That is the highest value across all 7 years on record.
That represents a change of up 26.6% on the previous year and up 207.1% over ten years.
That places Gambia 4th out of 41 countries with data for 2011, putting it in the top 10%.
Current account balance in Gambia, year by year
| Year | % of GNP | Change |
|---|---|---|
| 2005 | -7.2% | — |
| 2006 | -10.4% | +44.4% |
| 2007 | -7.6% | -27.4% |
| 2008 | 1.2% | -115.3% |
| 2009 | 7.2% | +525.3% |
| 2010 | 6.1% | -15.5% |
| 2011 | 7.7% | +26.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.4% | -10.4% | 7.2% | 5 |
| 2010s | 6.9% | 6.1% | 7.7% | 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 in Gambia?
- Current account balance in Gambia was 7.7% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest current account balance recorded in Gambia?
- The highest recorded value was 7.7% in 2011.
- What is the lowest current account balance recorded in Gambia?
- The lowest recorded value was -10.4% in 2006.
- How does Gambia rank for current account balance?
- Gambia ranks 4th out of 41 countries with data for 2011.
- Is current account balance rising or falling in Gambia?
- Over the last ten years it is up 207.1%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Current account balance (% of GNP). 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. Data are in current U.S. dollars. Data are divided by GNP at market prices in U.S. dollars to facilitate comparison across economies.