Bank concentration in Gambia
Gambia: Bank concentration was 70.2% in 2020. ▼ Falling
Bank concentration in Gambia, 2004–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2020, bank concentration in Gambia stood at 70.2%. That is the lowest value across all 12 years on record.
That represents a change of down 26.9% over ten years.
Over the whole period, bank concentration in Gambia peaked at 100.0% in 2004 and was at its lowest, 70.2%, in 2020.
Gambia ranks 91st of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 96.2% | 87.9% | 100.0% | 6 |
| 2010s | 88.1% | 70.2% | 100.0% | 5 |
| 2020s | 70.2% | 70.2% | 70.2% | 1 |
Countries ranked near Gambia
More financial sector data for Gambia
- Domestic credit to private sector by banks 9.1% (2024)
- Total reserves in months of imports 4.79 (2024)
- Net domestic credit 64.61 billion current LCU (2024)
- Net foreign assets 32.07 billion current LCU (2024)
- Monetary Sector credit to private sector 9.4% (2024)
- Broad money 46.9% (2024)
- Claims on central government, etc. 27.6% (2024)
- Domestic credit to private sector 9.4% (2024)
- Official exchange rate 71.29 LCU per US$, period average (2025)
- Net migration -2,984 (2025)
Frequently asked questions
- What is bank concentration in Gambia?
- Bank concentration in Gambia was 70.2% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Gambia?
- The highest recorded value was 100.0% in 2004.
- What is the lowest bank concentration recorded in Gambia?
- The lowest recorded value was 70.2% in 2020.
- How does Gambia rank for bank concentration?
- Gambia ranks 91st out of 169 countries with data for 2020.
- Is bank concentration rising or falling in Gambia?
- Over the last ten years it is down 26.9%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.