Financial Institutions Efficiency Index in Gambia
Gambia: Financial Institutions Efficiency Index was 0.449 in 2020. ▼ Falling
Financial Institutions Efficiency Index in Gambia, 1980–2020
Source: International Monetary Fund.
Analysis
Gambia recorded 0.449 for financial institutions efficiency index in 2020.
That represents a change of up 14.7% over ten years.
Over the whole period, financial institutions efficiency index in Gambia peaked at 0.6839 in 1985 and was at its lowest, 0.2772, in 2017.
Gambia ranks 165th 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.
Financial Institutions Efficiency Index in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.6269 | — |
| 1981 | 0.6095 | -2.8% |
| 1982 | 0.5271 | -13.5% |
| 1983 | 0.6136 | +16.4% |
| 1984 | 0.6611 | +7.7% |
| 1985 | 0.6839 | +3.5% |
| 1986 | 0.6314 | -7.7% |
| 1987 | 0.6203 | -1.8% |
| 1988 | 0.5302 | -14.5% |
| 1989 | 0.5539 | +4.5% |
| 1990 | 0.5053 | -8.8% |
| 1991 | 0.5587 | +10.6% |
| 1992 | 0.5918 | +5.9% |
| 1993 | 0.5855 | -1.1% |
| 1994 | 0.6108 | +4.3% |
| 1995 | 0.6061 | -0.8% |
| 1996 | 0.5887 | -2.9% |
| 1997 | 0.6062 | +3.0% |
| 1998 | 0.6071 | +0.2% |
| 1999 | 0.5094 | -16.1% |
| 2000 | 0.5953 | +16.9% |
| 2001 | 0.5925 | -0.5% |
| 2002 | 0.564 | -4.8% |
| 2003 | 0.4991 | -11.5% |
| 2004 | 0.46 | -7.8% |
| 2005 | 0.4302 | -6.5% |
| 2006 | 0.406 | -5.6% |
| 2007 | 0.3542 | -12.8% |
| 2008 | 0.4211 | +18.9% |
| 2009 | 0.3843 | -8.7% |
| 2010 | 0.3914 | +1.8% |
| 2011 | 0.4103 | +4.8% |
| 2012 | 0.4703 | +14.6% |
| 2013 | 0.4578 | -2.7% |
| 2014 | 0.462 | +0.9% |
| 2015 | 0.4447 | -3.8% |
| 2016 | 0.3757 | -15.5% |
| 2017 | 0.2772 | -26.2% |
| 2018 | 0.3969 | +43.2% |
| 2019 | 0.449 | +13.1% |
| 2020 | 0.449 | +0.0% |
Gambia compared with similar countries
- Gambia's 0.449 is below the median for low income countries, which is 0.5209, 86% of the median. (22 countries reporting)
- Gambia's 0.449 is below the median for Sub-Saharan Africa, which is 0.5175, 87% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6058 | 0.5271 | 0.6839 | 10 |
| 1990s | 0.577 | 0.5053 | 0.6108 | 10 |
| 2000s | 0.4707 | 0.3542 | 0.5953 | 10 |
| 2010s | 0.4135 | 0.2772 | 0.4703 | 10 |
| 2020s | 0.449 | 0.449 | 0.449 | 1 |
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 financial institutions efficiency index in Gambia?
- Financial institutions efficiency index in Gambia was 0.449 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Gambia?
- The highest recorded value was 0.6839 in 1985.
- What is the lowest financial institutions efficiency index recorded in Gambia?
- The lowest recorded value was 0.2772 in 2017.
- How does Gambia rank for financial institutions efficiency index?
- Gambia ranks 165th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Gambia?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Efficiency Index. Statizoid updates them automatically from the source API.
Download this data
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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.