Broad money in Gambia
Gambia: Broad money was 46.9% in 2024. ▲ Rising
Broad money in Gambia, 1966–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Gambia is 46.9%, measured in 2024.
Compared with earlier readings it is down 3.4% on the previous year and up 23.4% over ten years.
Over the whole period, broad money in Gambia peaked at 57.0% in 2021 and was at its lowest, 10.8%, in 1991.
Gambia ranks 107th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 57 years of available data.
Broad money in Gambia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1966 | 17.9% | — |
| 1967 | 17.3% | -3.6% |
| 1968 | 18.7% | +8.1% |
| 1969 | 17.8% | -4.8% |
| 1970 | 17.8% | -0.1% |
| 1971 | 17.0% | -4.4% |
| 1972 | 22.8% | +34.4% |
| 1973 | 30.0% | +31.6% |
| 1974 | 25.8% | -14.2% |
| 1975 | 23.0% | -10.8% |
| 1976 | 28.0% | +21.7% |
| 1977 | 19.4% | -30.7% |
| 1978 | 25.0% | +28.9% |
| 1979 | 21.0% | -16.0% |
| 1980 | 21.9% | +4.0% |
| 1981 | 25.2% | +15.2% |
| 1982 | 25.7% | +2.0% |
| 1983 | 28.6% | +11.3% |
| 1984 | 26.7% | -6.5% |
| 1985 | 29.2% | +9.4% |
| 1986 | 21.4% | -26.7% |
| 1987 | 22.0% | +2.7% |
| 1988 | 22.0% | +0.1% |
| 1989 | 22.1% | +0.3% |
| 1990 | 20.7% | -6.5% |
| 1991 | 10.8% | -47.9% |
| 1992 | 11.6% | +8.0% |
| 1993 | 12.1% | +4.1% |
| 1994 | 11.2% | -7.4% |
| 1995 | 12.2% | +8.9% |
| 1996 | 11.6% | -4.5% |
| 1997 | 14.5% | +24.7% |
| 1998 | 14.7% | +1.0% |
| 1999 | 15.8% | +8.0% |
| 2000 | 19.8% | +25.0% |
| 2001 | 22.0% | +10.9% |
| 2002 | 27.8% | +26.7% |
| 2003 | 32.9% | +18.3% |
| 2004 | 19.4% | -41.1% |
| 2005 | 20.6% | +6.3% |
| 2006 | 25.9% | +25.7% |
| 2007 | 25.7% | -0.8% |
| 2008 | 27.9% | +8.5% |
| 2009 | 28.7% | +3.0% |
| 2010 | 30.2% | +5.3% |
| 2011 | 35.0% | +15.7% |
| 2012 | 34.4% | -1.8% |
| 2013 | 36.1% | +5.2% |
| 2014 | 38.0% | +5.1% |
| 2017 | 38.3% | +0.8% |
| 2018 | 39.5% | +3.1% |
| 2019 | 44.4% | +12.5% |
| 2020 | 52.9% | +19.2% |
| 2021 | 57.0% | +7.7% |
| 2022 | 53.5% | -6.1% |
| 2023 | 48.5% | -9.3% |
| 2024 | 46.9% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.9% | 17.3% | 18.7% | 4 |
| 1970s | 23.0% | 17.0% | 30.0% | 10 |
| 1980s | 24.5% | 21.4% | 29.2% | 10 |
| 1990s | 13.5% | 10.8% | 20.7% | 10 |
| 2000s | 25.1% | 19.4% | 32.9% | 10 |
| 2010s | 37.0% | 30.2% | 44.4% | 8 |
| 2020s | 51.8% | 46.9% | 57.0% | 5 |
Countries ranked near Gambia
More financial sector data for Gambia
- Net domestic credit (current LCU), per capita 23,409 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 26.87 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 11.48 % change on previous year (2024)
- Reserves excluding gold, foreign exchange 423.08 million SDR (2024)
- Reserves excluding gold 482.20 million SDR (2024)
- Total reserves (gold at market value) 482.20 million SDR (2024)
- Total reserves (gold at national valuation) 482.20 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 174.71 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.12 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 174.71 SDR per person (2024)
Frequently asked questions
- What is broad money in Gambia?
- Broad money in Gambia was 46.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Gambia?
- The highest recorded value was 57.0% in 2021.
- What is the lowest broad money recorded in Gambia?
- The lowest recorded value was 10.8% in 1991.
- How does Gambia rank for broad money?
- Gambia ranks 107th out of 167 countries with data for 2024.
- Is broad money rising or falling in Gambia?
- Over the last ten years it is up 23.4%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.