Financial Institutions Access Index in Gambia, The
Gambia, The: Financial Institutions Access Index was 0.1199 in 2020. β² Rising
Financial Institutions Access Index in Gambia, The, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions access index in Gambia, The is 0.1199, measured in 2020.
The figure is up 3.2% on the previous year and up 6.1% over ten years.
Over the whole period, financial institutions access index in Gambia, The peaked at 0.1205 in 2018 and was at its lowest, 0.0453, in 1992.
That places Gambia, The 141st out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0558 | 0.0472 | 0.065 | 10 |
| 1990s | 0.0495 | 0.0453 | 0.0526 | 10 |
| 2000s | 0.0629 | 0.0477 | 0.0942 | 10 |
| 2010s | 0.117 | 0.1129 | 0.1205 | 10 |
| 2020s | 0.1199 | 0.1199 | 0.1199 | 1 |
Countries ranked near Gambia, The
- 138 Kiribati 0.1284 compare
- 139 Timor-Leste, Democratic Republic of 0.1233 compare
- 140 Nigeria 0.1218 compare
- 142 Solomon Islands 0.1106 compare
- 143 Ecuador 0.1098 compare
- 144 Lesotho, Kingdom of 0.1045 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 institutions access index in Gambia, The?
- Financial institutions access index in Gambia, The was 0.1199 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Gambia, The?
- The highest recorded value was 0.1205 in 2018.
- What is the lowest financial institutions access index recorded in Gambia, The?
- The lowest recorded value was 0.0453 in 1992.
- How does Gambia, The rank for financial institutions access index?
- Gambia, The ranks 141st out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Gambia, The?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
- Where does this Gambia, The data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access 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.