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 170 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.
Bank concentration (%) in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 100.0% | — |
| 2005 | 100.0% | +0.0% |
| 2006 | 93.6% | -6.4% |
| 2007 | 87.9% | -6.1% |
| 2008 | 100.0% | +13.8% |
| 2009 | 95.9% | -4.1% |
| 2015 | 100.0% | +4.2% |
| 2016 | 100.0% | +0.0% |
| 2017 | 100.0% | +0.0% |
| 2018 | 70.5% | -29.5% |
| 2019 | 70.2% | -0.5% |
| 2020 | 70.2% | -0.0% |
Gambia compared with similar countries
- Gambia's 70.2% is below the median for low income countries, which is 77.9%, 90% of the median. (20 countries reporting)
- Gambia's 70.2% is below the median for Sub-Saharan Africa, which is 77.1%, 91% of the median. (40 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.54 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0036 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.54 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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 170 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.