Services, Debit/Expenditure in Gambia

Gambia: Services, Debit/Expenditure was 160.90 million in 2024. ▲ Rising

Latest (2024)
160.90 million
Change on year
up 7.1%
World rank
186th
of 198 countries
All-time high
160.90 million
in 2024
All-time low
46.88 million
in 2005
Years of data
20
2005–2024

Services, Debit/Expenditure in Gambia, 2005–2024

50.0M75.0M100.0M125.0M150.0M2005201420242005: 46.9M2006: 94.1M2007: 91.0M2008: 89.7M2009: 85.7M2010: 76.9M2011: 75.8M2012: 73.5M2013: 65.9M2014: 117.3M2015: 64.6M2016: 62.1M2017: 90.7M2018: 112.7M2019: 108.1M2020: 109.2M2021: 118.9M2022: 135.5M2023: 150.2M2024: 160.9M

Source: International Monetary Fund.

Analysis

Gambia recorded 160.90 million for services, debit/expenditure in 2024. That is the highest value across all 20 years on record.

That represents a change of up 7.1% on the previous year and up 37.2% over ten years.

Over the whole period, services, debit/expenditure in Gambia peaked at 160.90 million in 2024 and was at its lowest, 46.88 million, in 2005.

Gambia ranks 186th of 198 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Services, Debit/Expenditure in Gambia, year by year

Annual values for Services, Debit/Expenditure (US dollar) in Gambia, 2005 to 2024.
Year Value Change
2005 46.88 million —
2006 94.08 million +100.7%
2007 90.98 million -3.3%
2008 89.66 million -1.4%
2009 85.69 million -4.4%
2010 76.86 million -10.3%
2011 75.82 million -1.3%
2012 73.53 million -3.0%
2013 65.91 million -10.4%
2014 117.30 million +78.0%
2015 64.62 million -44.9%
2016 62.12 million -3.9%
2017 90.67 million +46.0%
2018 112.67 million +24.3%
2019 108.08 million -4.1%
2020 109.16 million +1.0%
2021 118.87 million +8.9%
2022 135.52 million +14.0%
2023 150.19 million +10.8%
2024 160.90 million +7.1%

Gambia compared with similar countries

  • Gambia's 160.90 million is below the median for low income countries, which is 1.45 billion, 11% of the median. (20 countries reporting)
  • Gambia's 160.90 million is below the median for Sub-Saharan Africa, which is 1.66 billion, 10% of the median. (43 countries reporting)

Biggest year-on-year movements

Years where Services, Debit/Expenditure in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2006 +100.7% 46.88 million 94.08 million

Averages by decade

DecadeAverage LowestHighest Years
2000s 81.46 million 46.88 million 94.08 million 5
2010s 84.76 million 62.12 million 117.30 million 10
2020s 134.93 million 109.16 million 160.90 million 5

Countries ranked near Gambia

  1. 183 Saint Vincent and the Grenadines 196.31 million compare
  2. 184 Guinea-Bissau 189.45 million compare
  3. 185 Tonga 161.06 million compare
  4. 187 Dominica 156.78 million compare
  5. 188 Samoa 128.03 million compare
  6. 189 Kiribati 108.20 million compare

See the full ranking of 207 places →

More trade data for Gambia

All data for Gambia →

Frequently asked questions

What is services, debit/expenditure in Gambia?
Services, debit/expenditure in Gambia was 160.90 million in 2024, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Gambia?
The highest recorded value was 160.90 million in 2024.
What is the lowest services, debit/expenditure recorded in Gambia?
The lowest recorded value was 46.88 million in 2005.
How does Gambia rank for services, debit/expenditure?
Gambia ranks 186th out of 198 countries with data for 2024.
Is services, debit/expenditure rising or falling in Gambia?
Over the last ten years it is up 37.2%. The long-run trend across the full record is rising.
Where does this Gambia data come from?
The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in Gambia. Statizoid, drawing on International Monetary Fund. Retrieved 03 October 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/gambia-the/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.