Current account balance (World Bank) — all countries

Current account balance (World Bank) — Gambia

Current account balance (World Bank) in the Gambia in 2024 — -4.15%. Ranked 114 in the world out of 165. Since 1978, the indicator has risen by 23.2 pp.

2024 -4.15% +0.89 pp vs 2023
World rank 114of 165
Period maximum 12.1%1988
Period minimum -37.57%1980

Trend over time

1978–2024 · % of GDP

Current account balance (World Bank) — Gambia, 1978–2024-40-2002019781983198819931998200320082013201820231978: -27.35%1979: -17.89%1980: -37.57%1981: -19.94%1982: -9.93%1983: -14.77%1984: 3.73%1985: 3.41%1986: 1.67%1987: 6.46%1988: 12.1%1989: 5.46%1990: 7.62%1991: 1.73%1992: 5.34%1993: -0.68%1994: 1.09%1995: -1.04%1996: -5.55%1997: -2.86%2003: 0.54%2004: -3.15%2005: -4.22%2006: -6.22%2007: -6.19%2008: -0.4%2009: 1.93%2010: 1.13%2011: -7.67%2012: -6.56%2013: -7.06%2014: -6.88%2015: -3.9%2016: -5.13%2017: -6.33%2018: -8.08%2019: -2.04%2020: -4.78%2021: -4.31%2022: -4.09%2023: -5.04%2024: -4.15%
Change over the period: +23.2 pp Annual average: 0.5 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Gambia

Gambia -4.15%
World computed 0.39%
Sub-Saharan Africa computed -0.73%
Western Africa computed 2.01%
Current account balance (World Bank) — Gambia, by year Gambia All countries CSV XLSX
Year % Change, pp
2024 -4.15 +0.89 pp
2023 -5.04 −0.95 pp
2022 -4.09 +0.22 pp
2021 -4.31 +0.46 pp
2020 -4.78 −2.73 pp
2019 -2.04 +6.04 pp
2018 -8.08 −1.75 pp
2017 -6.33 −1.2 pp
2016 -5.13 −1.23 pp
2015 -3.9 +2.98 pp
2014 -6.88 +0.18 pp
2013 -7.06 −0.5 pp
2012 -6.56 +1.11 pp
2011 -7.67 −8.81 pp
2010 1.13 −0.8 pp
2009 1.93 +2.33 pp
2008 -0.4 +5.79 pp
2007 -6.19 +0.03 pp
2006 -6.22 −2 pp
2005 -4.22 −1.07 pp
2004 -3.15 −3.69 pp
2003 0.54
1997 -2.86 +2.69 pp
1996 -5.55 −4.51 pp
1995 -1.04 −2.12 pp
1994 1.09 +1.77 pp
1993 -0.68 −6.03 pp
1992 5.34 +3.61 pp
1991 1.73 −5.89 pp
1990 7.62 +2.16 pp
1989 5.46 −6.64 pp
1988 12.1 +5.64 pp
1987 6.46 +4.79 pp
1986 1.67 −1.74 pp
1985 3.41 −0.32 pp
1984 3.73 +18.5 pp
1983 -14.77 −4.85 pp
1982 -9.93 +10.01 pp
1981 -19.94 +17.63 pp
1980 -37.57 −19.68 pp
1979 -17.89 +9.46 pp
1978 -27.35

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.