Financial Institutions Depth Index in Gambia
Gambia: Financial Institutions Depth Index was 0.0382 in 2020. β² Rising
Financial Institutions Depth Index in Gambia, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Gambia stood at 0.0382.
The figure is down 1.8% on the previous year and down 14.4% over ten years.
Over the whole period, financial institutions depth index in Gambia peaked at 0.0488 in 2011 and was at its lowest, 0.0145, in 1992.
Gambia ranks 165th of 183 countries on this measure, 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 | 0.0328 | 0.0236 | 0.0426 | 10 |
| 1990s | 0.0204 | 0.0145 | 0.0238 | 10 |
| 2000s | 0.0319 | 0.0235 | 0.0431 | 10 |
| 2010s | 0.0416 | 0.0348 | 0.0488 | 10 |
| 2020s | 0.0382 | 0.0382 | 0.0382 | 1 |
Countries ranked near Gambia
- 162 Niger 0.0403 compare
- 163 Angola 0.0392 compare
- 164 Solomon Islands 0.0384 compare
- 166 Timor-Leste 0.0373 compare
- 167 Sao Tome and Principe 0.0363 compare
- 168 Tajikistan 0.0356 compare
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)
- 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 depth index in Gambia?
- Financial institutions depth index in Gambia was 0.0382 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Gambia?
- The highest recorded value was 0.0488 in 2011.
- What is the lowest financial institutions depth index recorded in Gambia?
- The lowest recorded value was 0.0145 in 1992.
- How does Gambia rank for financial institutions depth index?
- Gambia ranks 165th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Gambia?
- Over the last ten years it is down 14.4%. The long-run trend across the full record is rising.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Depth 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.