Broad money growth (annual %) in Gambia
Gambia: Broad money growth (annual %) was 7.8% in 2024. ◆ Volatile
Broad money growth in Gambia, 1965–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2024, broad money growth in Gambia stood at 7.8%.
That represents a change of down 15.6% on the previous year and down 13.1% over ten years.
Over the whole period, broad money growth in Gambia peaked at 51.3% in 1985 and was at its lowest, -12.1%, in 1977.
That places Gambia 106th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth (annual %) in Gambia, year by year
| Year | annual % | Change |
|---|---|---|
| 1965 | 6.2% | — |
| 1966 | 13.1% | +111.6% |
| 1967 | 4.7% | -64.4% |
| 1968 | 8.2% | +75.2% |
| 1969 | 4.5% | -45.0% |
| 1970 | 15.6% | +248.2% |
| 1971 | 0.5% | -97.0% |
| 1972 | 39.0% | +8283.3% |
| 1973 | 42.2% | +8.4% |
| 1974 | 9.9% | -76.7% |
| 1975 | 13.4% | +35.9% |
| 1976 | 45.9% | +242.9% |
| 1977 | -12.1% | -126.4% |
| 1978 | 45.9% | -479.2% |
| 1979 | -8.4% | -118.2% |
| 1980 | 10.4% | -224.0% |
| 1981 | 20.9% | +101.9% |
| 1982 | 15.8% | -24.3% |
| 1983 | 26.7% | +68.8% |
| 1984 | 5.5% | -79.5% |
| 1985 | 51.3% | +837.0% |
| 1986 | 7.3% | -85.8% |
| 1987 | 24.6% | +238.6% |
| 1988 | 14.7% | -40.1% |
| 1989 | 20.8% | +41.0% |
| 1990 | 8.4% | -59.7% |
| 1991 | 25.7% | +206.7% |
| 1992 | 13.8% | -46.3% |
| 1993 | 12.8% | -7.6% |
| 1994 | -3.8% | -129.7% |
| 1995 | 14.2% | -475.5% |
| 1996 | 5.8% | -59.4% |
| 1997 | 23.0% | +297.5% |
| 1998 | 10.2% | -55.5% |
| 1999 | 12.1% | +18.5% |
| 2000 | 34.8% | +187.8% |
| 2001 | 19.4% | -44.2% |
| 2002 | 35.3% | +81.7% |
| 2003 | 42.7% | +21.2% |
| 2004 | 22.5% | -47.5% |
| 2005 | 8.0% | -64.1% |
| 2006 | 26.6% | +231.0% |
| 2007 | 6.8% | -74.6% |
| 2008 | 18.2% | +167.8% |
| 2009 | 14.8% | -18.3% |
| 2010 | 17.8% | +20.3% |
| 2011 | 11.2% | -37.2% |
| 2012 | 7.3% | -35.1% |
| 2013 | 14.6% | +101.1% |
| 2014 | 9.0% | -38.4% |
| 2018 | 18.2% | +102.7% |
| 2019 | 27.0% | +48.0% |
| 2020 | 22.5% | -16.7% |
| 2021 | 21.7% | -3.4% |
| 2022 | 7.7% | -64.4% |
| 2023 | 9.3% | +19.8% |
| 2024 | 7.8% | -15.6% |
Gambia compared with similar countries
- Gambia's 7.8% is below the median for low income countries, which is 13.7%, 57% of the median. (24 countries reporting)
- Gambia's 7.8% is below the median for Sub-Saharan Africa, which is 12.5%, 63% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1972 | +8283.3% | 0.5% | 39.0% |
| 1985 | +837.0% | 5.5% | 51.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.3% | 4.5% | 13.1% | 5 |
| 1970s | 19.2% | -12.1% | 45.9% | 10 |
| 1980s | 19.8% | 5.5% | 51.3% | 10 |
| 1990s | 12.2% | -3.8% | 25.7% | 10 |
| 2000s | 22.9% | 6.8% | 42.7% | 10 |
| 2010s | 15.0% | 7.3% | 27.0% | 7 |
| 2020s | 13.8% | 7.7% | 22.5% | 5 |
Countries ranked near Gambia
- 103 Sri Lanka 8.3% compare
- 104 South Africa 8.2% compare
- 105 Bangladesh 8.1% compare
- 107 Philippines 7.8% compare
- 108 Macao 7.5% compare
- 109 Czechia 7.3% compare
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 broad money growth in Gambia?
- Broad money growth in Gambia was 7.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Gambia?
- The highest recorded value was 51.3% in 1985.
- What is the lowest broad money growth recorded in Gambia?
- The lowest recorded value was -12.1% in 1977.
- How does Gambia rank for broad money growth?
- Gambia ranks 106th out of 167 countries with data for 2024.
- Is broad money growth rising or falling in Gambia?
- Over the last ten years it is down 13.1%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.