Financial Institutions Efficiency Index in Gambia
Gambia: Financial Institutions Efficiency Index was 0.449 in 2020. βΌ Falling
Financial Institutions Efficiency Index in Gambia, 1980β2020
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.
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
- 162 Kyrgyzstan 0.4587 compare
- 163 Venezuela, Bolivarian Republic of 0.4533 compare
- 164 Argentina 0.4515 compare
- 166 Chad 0.4451 compare
- 167 Lesotho 0.4439 compare
- 168 Marshall Islands 0.4422 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 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
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.