Broad money to total reserves ratio (International Financial) in Gambia
Gambia: Broad money to total reserves ratio (International Financial) was 1.79 in 2024. ◆ Volatile
Broad money to total reserves ratio in Gambia, 1964–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in Gambia is 1.79, measured in 2024.
The figure is down 10.6% on the previous year and down 38.8% over ten years.
Over the whole period, broad money to total reserves ratio in Gambia peaked at 38.06 in 1985 and was at its lowest, 0.8391, in 1966.
That places Gambia 134th out of 159 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money to total reserves ratio (International Financial) in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 1.13 | — |
| 1965 | 0.8819 | -21.9% |
| 1966 | 0.8391 | -4.9% |
| 1967 | 0.9647 | +15.0% |
| 1968 | 1.17 | +21.8% |
| 1969 | 1.34 | +14.3% |
| 1970 | 1.15 | -14.6% |
| 1971 | 0.8658 | -24.5% |
| 1972 | 1.19 | +37.1% |
| 1973 | 1.39 | +17.2% |
| 1974 | 0.8805 | -36.7% |
| 1975 | 0.9281 | +5.4% |
| 1976 | 1.52 | +64.0% |
| 1977 | 1.1 | -27.8% |
| 1978 | 1.65 | +50.1% |
| 1979 | 22.56 | +1268.2% |
| 1980 | 9.29 | -58.8% |
| 1981 | 13.96 | +50.1% |
| 1982 | 6.62 | -52.6% |
| 1983 | 20.91 | +216.1% |
| 1984 | 20.97 | +0.3% |
| 1985 | 38.06 | +81.5% |
| 1986 | 2.93 | -92.3% |
| 1987 | 1.89 | -35.8% |
| 1988 | 3.08 | +63.6% |
| 1989 | 3.05 | -1.1% |
| 1990 | 1.18 | -61.2% |
| 1991 | 1.1 | -7.1% |
| 1992 | 0.8826 | -19.7% |
| 1993 | 0.8638 | -2.1% |
| 1994 | 0.8529 | -1.3% |
| 1995 | 0.9031 | +5.9% |
| 1996 | 0.9672 | +7.1% |
| 1997 | 1.21 | +25.6% |
| 1998 | 1.16 | -4.6% |
| 1999 | 1.16 | +0.1% |
| 2000 | 1.42 | +22.1% |
| 2001 | 1.42 | +0.5% |
| 2002 | 1.5 | +5.7% |
| 2003 | 2.7 | +79.6% |
| 2004 | 2.23 | -17.6% |
| 2005 | 2.15 | -3.2% |
| 2006 | 2.26 | +5.1% |
| 2007 | 2.3 | +1.8% |
| 2008 | 3.74 | +62.3% |
| 2009 | 1.86 | -50.3% |
| 2010 | 2.32 | +24.6% |
| 2011 | 2.21 | -4.5% |
| 2012 | 2.06 | -6.9% |
| 2013 | 2.36 | +14.7% |
| 2014 | 2.93 | +24.1% |
| 2017 | 3.39 | +15.7% |
| 2018 | 3.44 | +1.4% |
| 2019 | 3.14 | -8.8% |
| 2020 | 2.48 | -20.9% |
| 2021 | 1.76 | -29.0% |
| 2022 | 2.08 | +18.0% |
| 2023 | 2 | -3.5% |
| 2024 | 1.79 | -10.6% |
Gambia compared with similar countries
- Gambia's 1.79 is below the median for low income countries, which is 3.24, 55% of the median. (20 countries reporting)
- Gambia's 1.79 is below the median for Sub-Saharan Africa, which is 2.91, 62% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Broad money to total reserves ratio (International Financial) 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 |
|---|---|---|---|
| 1979 | +1268.2% | 1.65 | 22.56 |
| 1983 | +216.1% | 6.62 | 20.91 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.06 | 0.8391 | 1.34 | 6 |
| 1970s | 3.32 | 0.8658 | 22.56 | 10 |
| 1980s | 12.08 | 1.89 | 38.06 | 10 |
| 1990s | 1.03 | 0.8529 | 1.21 | 10 |
| 2000s | 2.16 | 1.42 | 3.74 | 10 |
| 2010s | 2.73 | 2.06 | 3.44 | 8 |
| 2020s | 2.02 | 1.76 | 2.48 | 5 |
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 broad money to total reserves ratio in Gambia?
- Broad money to total reserves ratio in Gambia was 1.79 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Gambia?
- The highest recorded value was 38.06 in 1985.
- What is the lowest broad money to total reserves ratio recorded in Gambia?
- The lowest recorded value was 0.8391 in 1966.
- How does Gambia rank for broad money to total reserves ratio?
- Gambia ranks 134th out of 159 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Gambia?
- Over the last ten years it is down 38.8%. 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 to total reserves ratio. Statizoid updates them automatically from the source API.
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CSV · JSON — 59 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. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).