Financial system deposits to GDP (%) in Gambia
Gambia: Financial system deposits to GDP (%) was 45.5% in 2021. ◆ Volatile
Financial system deposits to GDP in Gambia, 1966–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Gambia stood at 45.5%. That is the highest value across all 54 years on record.
That represents a change of up 9.0% on the previous year and up 52.6% over ten years.
Over the whole period, financial system deposits to gdp in Gambia peaked at 45.5% in 2021 and was at its lowest, 6.7%, in 1971.
That places Gambia 114th out of 185 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial system deposits to GDP (%) in Gambia, year by year
| Year | % | Change |
|---|---|---|
| 1966 | 8.3% | — |
| 1967 | 8.2% | -1.4% |
| 1968 | 9.0% | +10.6% |
| 1969 | 8.1% | -10.0% |
| 1970 | 7.6% | -6.2% |
| 1971 | 6.7% | -11.9% |
| 1972 | 11.1% | +65.1% |
| 1973 | 11.0% | -0.8% |
| 1974 | 11.6% | +5.3% |
| 1975 | 10.4% | -9.9% |
| 1976 | 15.6% | +49.7% |
| 1977 | 13.6% | -13.1% |
| 1978 | 15.6% | +14.9% |
| 1979 | 11.7% | -25.2% |
| 1980 | 13.1% | +12.5% |
| 1981 | 15.4% | +17.6% |
| 1982 | 14.4% | -6.8% |
| 1983 | 18.3% | +27.0% |
| 1984 | 17.5% | -4.1% |
| 1985 | 19.4% | +10.7% |
| 1986 | 14.3% | -26.4% |
| 1987 | 15.8% | +10.9% |
| 1988 | 15.6% | -1.2% |
| 1989 | 15.6% | +0.0% |
| 1990 | 14.4% | -8.2% |
| 1991 | 7.7% | -46.1% |
| 1992 | 8.4% | +8.1% |
| 1993 | 8.8% | +5.7% |
| 1994 | 8.3% | -6.1% |
| 1995 | 8.9% | +7.1% |
| 1996 | 8.6% | -3.5% |
| 1997 | 10.1% | +18.0% |
| 1998 | 10.8% | +6.5% |
| 1999 | 11.7% | +9.0% |
| 2000 | 14.4% | +22.6% |
| 2001 | 16.4% | +13.7% |
| 2002 | 20.9% | +27.5% |
| 2003 | 24.5% | +17.5% |
| 2004 | 13.9% | -43.4% |
| 2005 | 16.1% | +15.6% |
| 2006 | 19.7% | +22.4% |
| 2007 | 20.7% | +5.1% |
| 2008 | 23.0% | +11.1% |
| 2009 | 25.1% | +9.2% |
| 2010 | 26.0% | +3.6% |
| 2011 | 29.8% | +14.7% |
| 2012 | 28.2% | -5.5% |
| 2013 | 29.6% | +5.0% |
| 2014 | 31.1% | +5.4% |
| 2017 | 30.2% | -3.0% |
| 2018 | 31.3% | +3.7% |
| 2019 | 35.8% | +14.3% |
| 2020 | 41.7% | +16.6% |
| 2021 | 45.5% | +9.0% |
Gambia compared with similar countries
- Gambia's 45.5% is above the median for low income countries, which is 20.5%, 2.2× the median. (22 countries reporting)
- Gambia's 45.5% is above the median for Sub-Saharan Africa, which is 23.8%, 1.9× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.4% | 8.1% | 9.0% | 4 |
| 1970s | 11.5% | 6.7% | 15.6% | 10 |
| 1980s | 16.0% | 13.1% | 19.4% | 10 |
| 1990s | 9.8% | 7.7% | 14.4% | 10 |
| 2000s | 19.5% | 13.9% | 25.1% | 10 |
| 2010s | 30.2% | 26.0% | 35.8% | 8 |
| 2020s | 43.6% | 41.7% | 45.5% | 2 |
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 system deposits to gdp in Gambia?
- Financial system deposits to gdp in Gambia was 45.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Gambia?
- The highest recorded value was 45.5% in 2021.
- What is the lowest financial system deposits to gdp recorded in Gambia?
- The lowest recorded value was 6.7% in 1971.
- How does Gambia rank for financial system deposits to gdp?
- Gambia ranks 114th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Gambia?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).