Currency in circulation outside of depository corporations in Gambia
Gambia: Currency in circulation outside of depository corporations was 12.16 billion Domestic currency in 2024. ◆ Volatile
Latest (2024)
12.16 billion Domestic currency
Change on year
down 13.8%
World rank
108th
of 145 countries
All-time high
14.11 billion Domestic currency
in 2023
All-time low
600.75 million Domestic currency
in 2001
Years of data
22
2001–2024
Currency in circulation outside of depository corporations in Gambia, 2001–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Gambia recorded 12.16 billion Domestic currency for currency in circulation outside of depository corporations in 2024.
Compared with earlier readings it is down 13.8% on the previous year and up 246.6% over ten years.
Over the whole period, currency in circulation outside of depository corporations in Gambia peaked at 14.11 billion Domestic currency in 2023 and was at its lowest, 600.75 million Domestic currency, in 2001.
Gambia ranks 108th of 145 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Currency in circulation outside of depository corporations in Gambia, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 600.75 million Domestic currency | — |
| 2002 | 797.37 million Domestic currency | +32.7% |
| 2003 | 1.18 billion Domestic currency | +48.3% |
| 2004 | 1.63 billion Domestic currency | +38.1% |
| 2005 | 1.42 billion Domestic currency | -12.8% |
| 2006 | 1.94 billion Domestic currency | +36.1% |
| 2007 | 1.69 billion Domestic currency | -12.9% |
| 2008 | 1.83 billion Domestic currency | +8.5% |
| 2009 | 2.00 billion Domestic currency | +9.4% |
| 2010 | 2.06 billion Domestic currency | +3.0% |
| 2011 | 2.38 billion Domestic currency | +15.1% |
| 2012 | 2.82 billion Domestic currency | +18.6% |
| 2013 | 3.26 billion Domestic currency | +15.5% |
| 2014 | 3.51 billion Domestic currency | +7.8% |
| 2017 | 5.67 billion Domestic currency | +61.7% |
| 2018 | 6.57 billion Domestic currency | +15.8% |
| 2019 | 7.84 billion Domestic currency | +19.4% |
| 2020 | 10.07 billion Domestic currency | +28.4% |
| 2021 | 11.49 billion Domestic currency | +14.1% |
| 2022 | 12.89 billion Domestic currency | +12.2% |
| 2023 | 14.11 billion Domestic currency | +9.4% |
| 2024 | 12.16 billion Domestic currency | -13.8% |
Gambia compared with similar countries
- Gambia's 12.16 billion Domestic currency is below the median for low income countries, which is 586.67 billion Domestic currency, 2% of the median. (21 countries reporting)
- Gambia's 12.16 billion Domestic currency is below the median for Sub-Saharan Africa, which is 355.54 billion Domestic currency, 3% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.46 billion Domestic currency | 600.75 million Domestic currency | 2.00 billion Domestic currency | 9 |
| 2010s | 4.26 billion Domestic currency | 2.06 billion Domestic currency | 7.84 billion Domestic currency | 8 |
| 2020s | 12.14 billion Domestic currency | 10.07 billion Domestic currency | 14.11 billion Domestic currency | 5 |
Countries ranked near Gambia
- 105 Vanuatu 16.29 billion Domestic currency compare
- 106 Cape Verde 15.14 billion Domestic currency compare
- 107 Qatar 13.78 billion Domestic currency compare
- 109 Suriname 10.68 billion Domestic currency compare
- 110 Bhutan 10.31 billion Domestic currency compare
- 111 Sierra Leone 9.16 billion Domestic currency 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 currency in circulation outside of depository corporations in Gambia?
- Currency in circulation outside of depository corporations in Gambia was 12.16 billion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest currency in circulation outside of depository corporations recorded in Gambia?
- The highest recorded value was 14.11 billion Domestic currency in 2023.
- What is the lowest currency in circulation outside of depository corporations recorded in Gambia?
- The lowest recorded value was 600.75 million Domestic currency in 2001.
- How does Gambia rank for currency in circulation outside of depository corporations?
- Gambia ranks 108th out of 145 countries with data for 2024.
- Is currency in circulation outside of depository corporations rising or falling in Gambia?
- Over the last ten years it is up 246.6%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Currency in circulation outside of depository corporations (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.