Official current transfers, net in Gambia

Gambia: Official current transfers, net was 44.77 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
44.77 million BoP, current US$
Change on year
up 29.1%
World rank
28th
of 33 countries
All-time high
44.77 million BoP, current US$
in 2011
All-time low
5.83 million BoP, current US$
in 2007
Years of data
7
2005–2011

Official current transfers, net in Gambia, 2005–2011

10.0M20.0M30.0M40.0M2005200820112005: 6.0M BoP, current US$2006: 6.0M BoP, current US$2007: 5.8M BoP, current US$2008: 6.3M BoP, current US$2009: 29.9M BoP, current US$2010: 34.7M BoP, current US$2011: 44.8M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

Gambia recorded 44.77 million BoP, current US$ for official current transfers, net in 2011. That is the highest value across all 7 years on record.

That represents a change of up 29.1% on the previous year and up 650.8% over ten years.

That places Gambia 28th out of 33 countries with data for 2011, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.80 million BoP, current US$ 5.83 million BoP, current US$ 29.87 million BoP, current US$ 5
2010s 39.72 million BoP, current US$ 34.67 million BoP, current US$ 44.77 million BoP, current US$ 2

Countries ranked near Gambia

  1. 25 Cape Verde 69.70 million BoP, current US$ compare
  2. 26 Senegal 67.52 million BoP, current US$ compare
  3. 27 Guinea 53.45 million BoP, current US$ compare
  4. 30 Burundi 21.35 million BoP, current US$ compare
  5. 31 Sao Tome and Principe 7.39 million BoP, current US$ compare

See the full ranking of 37 places →

More trade data for Gambia

All data for Gambia →

Frequently asked questions

What is official current transfers, net in Gambia?
Official current transfers, net in Gambia was 44.77 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest official current transfers, net recorded in Gambia?
The highest recorded value was 44.77 million BoP, current US$ in 2011.
What is the lowest official current transfers, net recorded in Gambia?
The lowest recorded value was 5.83 million BoP, current US$ in 2007.
How does Gambia rank for official current transfers, net?
Gambia ranks 28th out of 33 countries with data for 2011.
Is official current transfers, net rising or falling in Gambia?
Over the last ten years it is up 650.8%. 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 Official current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Official current transfers, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 287 data points, 1977–2011
Last refreshed

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.