Financial Development Index in Gambia, The
Gambia, The: Financial Development Index was 0.0935 in 2020. βΌ Falling
Financial Development Index in Gambia, The, 1980β2020
Source: International Monetary Fund.
Analysis
Gambia, The recorded 0.0935 for financial development index in 2020.
Compared with earlier readings it is up 0.7% on the previous year and up 8.9% over ten years.
Over the whole period, financial development index in Gambia, The peaked at 0.1133 in 1985 and was at its lowest, 0.0693, in 2007.
Gambia, The ranks 168th of 183 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0989 | 0.0862 | 0.1133 | 10 |
| 1990s | 0.0909 | 0.0816 | 0.0964 | 10 |
| 2000s | 0.0825 | 0.0693 | 0.096 | 10 |
| 2010s | 0.089 | 0.0697 | 0.0972 | 10 |
| 2020s | 0.0935 | 0.0935 | 0.0935 | 1 |
Countries ranked near Gambia, The
- 165 Marshall Islands 0.0966 compare
- 166 Malawi 0.0954 compare
- 167 Sudan 0.0947 compare
- 169 Solomon Islands 0.0929 compare
- 170 Haiti 0.0926 compare
- 171 Guinea-Bissau 0.0913 compare
More financial sector data for Gambia, The
- 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)
- Domestic credit to private sector by banks 9.1% (2024)
- Total reserves in months of imports 4.79 (2024)
- Net domestic credit 64.61 billion current LCU (2024)
Frequently asked questions
- What is financial development index in Gambia, The?
- Financial development index in Gambia, The was 0.0935 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Gambia, The?
- The highest recorded value was 0.1133 in 1985.
- What is the lowest financial development index recorded in Gambia, The?
- The lowest recorded value was 0.0693 in 2007.
- How does Gambia, The rank for financial development index?
- Gambia, The ranks 168th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Gambia, The?
- Over the last ten years it is up 8.9%. The long-run trend across the full record is falling.
- Where does this Gambia, The data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.