Official current transfers, net (BoP, current US$) in Gambia
Gambia: Official current transfers, net (BoP, current US$) was 44.77 million BoP, current US$ in 2011. ◆ Volatile
Official current transfers, net in Gambia, 2005–2011
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.
Official current transfers, net (BoP, current US$) in Gambia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 5.96 million BoP, current US$ | — |
| 2006 | 6.01 million BoP, current US$ | +0.8% |
| 2007 | 5.83 million BoP, current US$ | -3.0% |
| 2008 | 6.30 million BoP, current US$ | +8.1% |
| 2009 | 29.87 million BoP, current US$ | +373.9% |
| 2010 | 34.67 million BoP, current US$ | +16.1% |
| 2011 | 44.77 million BoP, current US$ | +29.1% |
Gambia compared with similar countries
- Gambia's 44.77 million BoP, current US$ is below the median for low income countries, which is 316.44 million BoP, current US$, 14% of the median. (11 countries reporting)
- Gambia's 44.77 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 188.54 million BoP, current US$, 24% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.80 million BoP, current US$ | 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
- 25 Cape Verde 69.70 million BoP, current US$ compare
- 26 Senegal 67.52 million BoP, current US$ compare
- 27 Guinea 53.45 million BoP, current US$ compare
- 29 Djibouti 28.92 million BoP, current US$ compare
- 30 Burundi 21.35 million BoP, current US$ compare
- 31 Sao Tome and Principe 7.39 million BoP, current US$ compare
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 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
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.