Net domestic credit (current LCU), annual growth rate in Gambia
Gambia: Net domestic credit (current LCU), annual growth rate was 11.48 % change on previous year in 2024. ◆ Volatile
Latest (2024)
11.48 % change on previous year
Change on year
up 104.4%
World rank
71st
of 186 countries
All-time high
151.66 % change on previous year
in 1973
All-time low
-100.14 % change on previous year
in 1991
Years of data
56
1965–2024
Net domestic credit (current LCU), annual growth rate in Gambia, 1965–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Gambia recorded 11.48 % change on previous year for net domestic credit (current lcu), annual growth rate in 2024.
Compared with earlier readings it is up 104.4% on the previous year and down 38.7% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Gambia peaked at 151.66 % change on previous year in 1973 and was at its lowest, -100.14 % change on previous year, in 1991.
Gambia ranks 71st of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Gambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1965 | 9.71 % change on previous year | — |
| 1966 | -25.04 % change on previous year | -358.0% |
| 1967 | -0.6866 % change on previous year | -97.3% |
| 1968 | 59.88 % change on previous year | -8820.3% |
| 1969 | 11.78 % change on previous year | -80.3% |
| 1970 | 2.75 % change on previous year | -76.7% |
| 1971 | 32.23 % change on previous year | +1072.0% |
| 1972 | 11.38 % change on previous year | -64.7% |
| 1973 | 151.66 % change on previous year | +1232.3% |
| 1974 | 26.06 % change on previous year | -82.8% |
| 1975 | 17.9 % change on previous year | -31.3% |
| 1976 | 60.67 % change on previous year | +238.9% |
| 1977 | 14.09 % change on previous year | -76.8% |
| 1978 | 41.99 % change on previous year | +198.1% |
| 1979 | 35.15 % change on previous year | -16.3% |
| 1980 | 23.26 % change on previous year | -33.8% |
| 1981 | 20.42 % change on previous year | -12.2% |
| 1982 | 23.73 % change on previous year | +16.2% |
| 1983 | 26.98 % change on previous year | +13.7% |
| 1984 | 15.75 % change on previous year | -41.6% |
| 1985 | 23.18 % change on previous year | +47.2% |
| 1986 | -31.15 % change on previous year | -234.4% |
| 1987 | -43.36 % change on previous year | +39.2% |
| 1988 | 17.47 % change on previous year | -140.3% |
| 1989 | -10.48 % change on previous year | -160.0% |
| 1990 | -60.64 % change on previous year | +478.8% |
| 1991 | -100.14 % change on previous year | +65.1% |
| 1993 | -17.28 % change on previous year | -82.7% |
| 1994 | -13.39 % change on previous year | -22.5% |
| 1995 | 41.02 % change on previous year | -406.4% |
| 1996 | 8.82 % change on previous year | -78.5% |
| 1997 | 35.18 % change on previous year | +298.7% |
| 1998 | 17.27 % change on previous year | -50.9% |
| 1999 | 31.41 % change on previous year | +81.9% |
| 2000 | 16.32 % change on previous year | -48.1% |
| 2001 | 110.78 % change on previous year | +579.0% |
| 2002 | 28.28 % change on previous year | -74.5% |
| 2003 | 74.78 % change on previous year | +164.4% |
| 2004 | -14.12 % change on previous year | -118.9% |
| 2005 | 16.04 % change on previous year | -213.6% |
| 2006 | 23.2 % change on previous year | +44.6% |
| 2007 | -3.69 % change on previous year | -115.9% |
| 2008 | 45.45 % change on previous year | -1330.2% |
| 2009 | 24.16 % change on previous year | -46.8% |
| 2010 | 38.88 % change on previous year | +60.9% |
| 2011 | 11.67 % change on previous year | -70.0% |
| 2012 | 11.3 % change on previous year | -3.2% |
| 2013 | 24.36 % change on previous year | +115.6% |
| 2014 | 18.72 % change on previous year | -23.2% |
| 2018 | 10.33 % change on previous year | -44.8% |
| 2019 | 13.3 % change on previous year | +28.8% |
| 2020 | 16.9 % change on previous year | +27.1% |
| 2021 | 17.87 % change on previous year | +5.7% |
| 2022 | 19.2 % change on previous year | +7.4% |
| 2023 | 5.61 % change on previous year | -70.8% |
| 2024 | 11.48 % change on previous year | +104.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.13 % change on previous year | -25.04 % change on previous year | 59.88 % change on previous year | 5 |
| 1970s | 39.39 % change on previous year | 2.75 % change on previous year | 151.66 % change on previous year | 10 |
| 1980s | 6.58 % change on previous year | -43.36 % change on previous year | 26.98 % change on previous year | 10 |
| 1990s | -6.41 % change on previous year | -100.14 % change on previous year | 41.02 % change on previous year | 9 |
| 2000s | 32.12 % change on previous year | -14.12 % change on previous year | 110.78 % change on previous year | 10 |
| 2010s | 18.37 % change on previous year | 10.33 % change on previous year | 38.88 % change on previous year | 7 |
| 2020s | 14.21 % change on previous year | 5.61 % change on previous year | 19.2 % change on previous year | 5 |
Countries ranked near Gambia
- 68 Djibouti 12.22 % change on previous year compare
- 69 Belize 12.01 % change on previous year compare
- 70 Eswatini 11.71 % change on previous year compare
- 72 Cote d'Ivoire 11.47 % change on previous year compare
- 73 Viet Nam 11.41 % change on previous year compare
- 74 Colombia 11.36 % change on previous year 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)
- 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)
- Total reserves (gold at national valuation) (SDR), per capita 174.71 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.12 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 174.71 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 12.12 % change on previous year (2024)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Gambia?
- Net domestic credit (current lcu), annual growth rate in Gambia was 11.48 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Gambia?
- The highest recorded value was 151.66 % change on previous year in 1973.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Gambia?
- The lowest recorded value was -100.14 % change on previous year in 1991.
- How does Gambia rank for net domestic credit (current lcu), annual growth rate?
- Gambia ranks 71st out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Gambia?
- Over the last ten years it is down 38.7%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.