Net current transfers in Gambia

Gambia: Net current transfers was 14.6% in 2011. ▲ Rising

Latest (2011)
14.6%
Change on year
up 23.7%
World rank
5th
of 41 countries
All-time high
15.0%
in 2009
All-time low
8.5%
in 2008
Years of data
7
2005–2011

Net current transfers in Gambia, 2005–2011

0510152005200820112005: 11.5 % of GDP2006: 13.4 % of GDP2007: 11.3 % of GDP2008: 8.5 % of GDP2009: 15 % of GDP2010: 11.8 % of GDP2011: 14.6 % of GDP

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.

Analysis

The most recent figure for net current transfers in Gambia is 14.6%, measured in 2011.

Compared with earlier readings it is up 23.7% on the previous year and up 27.2% over ten years.

Gambia ranks 5th of 41 countries on this measure, in the top 10%.

Net current transfers in Gambia, year by year

Annual values for Net current transfers (% of GDP) in Gambia, 2005 to 2011.
Year % of GDP Change
2005 11.5%
2006 13.4% +16.1%
2007 11.3% -15.6%
2008 8.5% -24.4%
2009 15.0% +75.9%
2010 11.8% -21.1%
2011 14.6% +23.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.9% 8.5% 15.0% 5
2010s 13.2% 11.8% 14.6% 2

Countries ranked near Gambia

  1. 2 Lesotho 25.8% compare
  2. 3 Cape Verde 18.9% compare
  3. 4 Ethiopia 17.0% compare
  4. 6 Rwanda 13.7% compare
  5. 7 Senegal 12.1% compare
  6. 8 Burundi 11.3% compare

See the full ranking of 41 places →

More trade data for Gambia

All data for Gambia →

Frequently asked questions

What is net current transfers in Gambia?
Net current transfers in Gambia was 14.6% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
What is the highest net current transfers recorded in Gambia?
The highest recorded value was 15.0% in 2009.
What is the lowest net current transfers recorded in Gambia?
The lowest recorded value was 8.5% in 2008.
How does Gambia rank for net current transfers?
Gambia ranks 5th out of 41 countries with data for 2011.
Is net current transfers rising or falling in Gambia?
Over the last ten years it is up 27.2%. The long-run trend across the full record is rising.
Where does this Gambia data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.

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Net current transfers in Gambia. Statizoid, drawing on International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Retrieved 26 August 2026, from https://trade.statizoid.com/stat/net-current-transfers-percent-of-gdp/gambia-the/

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About this data

Indicator
Net current transfers (% of GDP)
Unit
% of GDP
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
41 places, 272 data points, 2005–2011
Last refreshed

Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.