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Current account balance — all countries

Current account balance — Gambia

Current account balance in the Gambia in 2031 — -2.3%. Ranked 106 in the world out of 188. Since 1980, the indicator has risen by 17.1 pp.

2031 -2.3% +0.4 pp vs 2030
World rank 106of 188
Period maximum 1.6%1988
Period minimum -19.4%1980

Trend over time

1980–2031 · % of GDP

Current account balance — Gambia, 1980–2031-20-1001019801986199219982004201020162022202820311980: -19.4%1981: -6%1982: -1.2%1983: -0.6%1984: -3.4%1985: -1.3%1986: -0.4%1987: -0.8%1988: 1.6%1989: 0.8%1990: -1.1%1991: -0.1%1992: 0%1993: -1.9%1994: -1.1%1995: -1.7%1996: -5.5%1997: -0.5%1998: -1%1999: -1.2%2000: -3.4%2001: -3.3%2002: -3.7%2003: -4.6%2004: -2.7%2005: -6.3%2006: -4.3%2007: -5.2%2008: -7.6%2009: -7.8%2010: -10%2011: -7.4%2012: -4.5%2013: -6.7%2014: -7.3%2015: -9.9%2016: -9.2%2017: -7.4%2018: -9.5%2019: -6.1%2020: -5.8%2021: -4.2%2022: -4.2%2023: -5.4%2024: -6.5%2025: -4.9%2026: -5.1%2027: -4.1%2028: -3.5%2029: -3%2030: -2.7%2031: -2.3%
Change over the period: +17.1 pp Annual average: 0.34 pp

Comparison, 2031

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

Gambia -2.3%
World computed 0.28%
Sub-Saharan Africa computed -1.15%
Western Africa computed 1.16%
Low-income countries computed -2.62%
Current account balance — Gambia, by year Gambia All countries CSV XLSX
Year % Change, pp
2031 -2.3 +0.4 pp
2030 -2.7 +0.3 pp
2029 -3 +0.5 pp
2028 -3.5 +0.6 pp
2027 -4.1 +1 pp
2026 -5.1 −0.2 pp
2025 -4.9 +1.6 pp
2024 -6.5 −1.1 pp
2023 -5.4 −1.2 pp
2022 -4.2 +0 pp
2021 -4.2 +1.6 pp
2020 -5.8 +0.3 pp
2019 -6.1 +3.4 pp
2018 -9.5 −2.1 pp
2017 -7.4 +1.8 pp
2016 -9.2 +0.7 pp
2015 -9.9 −2.6 pp
2014 -7.3 −0.6 pp
2013 -6.7 −2.2 pp
2012 -4.5 +2.9 pp
2011 -7.4 +2.6 pp
2010 -10 −2.2 pp
2009 -7.8 −0.2 pp
2008 -7.6 −2.4 pp
2007 -5.2 −0.9 pp
2006 -4.3 +2 pp
2005 -6.3 −3.6 pp
2004 -2.7 +1.9 pp
2003 -4.6 −0.9 pp
2002 -3.7 −0.4 pp
2001 -3.3 +0.1 pp
2000 -3.4 −2.2 pp
1999 -1.2 −0.2 pp
1998 -1 −0.5 pp
1997 -0.5 +5 pp
1996 -5.5 −3.8 pp
1995 -1.7 −0.6 pp
1994 -1.1 +0.8 pp
1993 -1.9 −1.9 pp
1992 0 +0.1 pp
1991 -0.1 +1 pp
1990 -1.1 −1.9 pp
1989 0.8 −0.8 pp
1988 1.6 +2.4 pp
1987 -0.8 −0.4 pp
1986 -0.4 +0.9 pp
1985 -1.3 +2.1 pp
1984 -3.4 −2.8 pp
1983 -0.6 +0.6 pp
1982 -1.2 +4.8 pp
1981 -6 +13.4 pp
1980 -19.4 —

Western Africa, 2031

The same indicator for neighboring countries — with links to their pages

BF Burkina Faso 5.5 GH Ghana 4.9 NG Nigeria 3.3 ML Mali 0.8 GN Guinea -1.4 TG Togo -1.7 NE Niger -2 CV Cabo Verde -2.3 GM Gambia -2.3 CI Côte d'Ivoire -2.5 SL Sierra Leone -3 BJ Benin -4 GW Guinea-Bissau -4 SN Senegal -5.3 MR Mauritania -6.3 LR Liberia -14.3
Full table for all countries

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for the Gambia

Finance Current account balance in US dollars

How much more a country receives from abroad than it pays out there. A minus means it pays more.

Gambia by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Gambia by year Trade Trade openness

Exports plus imports as a percent of GDP — total foreign trade turnover.

Gambia by year Finance International reserves

The gold and foreign exchange reserves of a country in US dollars.

Gambia by year
All indicators for the Gambia