Net domestic credit (current LCU) in Gambia
Gambia: Net domestic credit (current LCU) was 64.61 billion current LCU in 2024. ◆ Volatile
Net domestic credit in Gambia, 1964–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Gambia is 64.61 billion current LCU, measured in 2024. That is the highest value across all 59 years on record.
That represents a change of up 11.5% on the previous year and up 238.9% over ten years.
Over the whole period, net domestic credit in Gambia peaked at 64.61 billion current LCU in 2024 and was at its lowest, -115,138 current LCU, in 1991.
That places Gambia 135th out of 187 countries with data for 2024, putting it 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) in Gambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1964 | 5.46 million current LCU | — |
| 1965 | 5.99 million current LCU | +9.7% |
| 1966 | 4.49 million current LCU | -25.0% |
| 1967 | 4.46 million current LCU | -0.7% |
| 1968 | 7.13 million current LCU | +59.9% |
| 1969 | 7.97 million current LCU | +11.8% |
| 1970 | 8.19 million current LCU | +2.8% |
| 1971 | 10.83 million current LCU | +32.2% |
| 1972 | 12.06 million current LCU | +11.4% |
| 1973 | 30.35 million current LCU | +151.7% |
| 1974 | 38.26 million current LCU | +26.1% |
| 1975 | 45.11 million current LCU | +17.9% |
| 1976 | 72.48 million current LCU | +60.7% |
| 1977 | 82.69 million current LCU | +14.1% |
| 1978 | 117.41 million current LCU | +42.0% |
| 1979 | 158.68 million current LCU | +35.2% |
| 1980 | 195.59 million current LCU | +23.3% |
| 1981 | 235.52 million current LCU | +20.4% |
| 1982 | 291.41 million current LCU | +23.7% |
| 1983 | 370.02 million current LCU | +27.0% |
| 1984 | 428.29 million current LCU | +15.7% |
| 1985 | 527.56 million current LCU | +23.2% |
| 1986 | 363.21 million current LCU | -31.2% |
| 1987 | 205.70 million current LCU | -43.4% |
| 1988 | 241.64 million current LCU | +17.5% |
| 1989 | 216.32 million current LCU | -10.5% |
| 1990 | 85.14 million current LCU | -60.6% |
| 1991 | -115,138 current LCU | -100.1% |
| 1992 | 278.23 million current LCU | -241747.4% |
| 1993 | 230.15 million current LCU | -17.3% |
| 1994 | 199.34 million current LCU | -13.4% |
| 1995 | 281.11 million current LCU | +41.0% |
| 1996 | 305.92 million current LCU | +8.8% |
| 1997 | 413.56 million current LCU | +35.2% |
| 1998 | 484.99 million current LCU | +17.3% |
| 1999 | 637.34 million current LCU | +31.4% |
| 2000 | 741.32 million current LCU | +16.3% |
| 2001 | 1.56 billion current LCU | +110.8% |
| 2002 | 2.00 billion current LCU | +28.3% |
| 2003 | 3.50 billion current LCU | +74.8% |
| 2004 | 3.01 billion current LCU | -14.1% |
| 2005 | 3.49 billion current LCU | +16.0% |
| 2006 | 4.30 billion current LCU | +23.2% |
| 2007 | 4.14 billion current LCU | -3.7% |
| 2008 | 6.02 billion current LCU | +45.5% |
| 2009 | 7.48 billion current LCU | +24.2% |
| 2010 | 10.39 billion current LCU | +38.9% |
| 2011 | 11.60 billion current LCU | +11.7% |
| 2012 | 12.91 billion current LCU | +11.3% |
| 2013 | 16.06 billion current LCU | +24.4% |
| 2014 | 19.06 billion current LCU | +18.7% |
| 2017 | 26.73 billion current LCU | +40.2% |
| 2018 | 29.49 billion current LCU | +10.3% |
| 2019 | 33.41 billion current LCU | +13.3% |
| 2020 | 39.06 billion current LCU | +16.9% |
| 2021 | 46.04 billion current LCU | +17.9% |
| 2022 | 54.88 billion current LCU | +19.2% |
| 2023 | 57.96 billion current LCU | +5.6% |
| 2024 | 64.61 billion current LCU | +11.5% |
Gambia compared with similar countries
- Gambia's 64.61 billion current LCU is below the median for low income countries, which is 2.33 trillion current LCU, 3% of the median. (24 countries reporting)
- Gambia's 64.61 billion current LCU is below the median for Sub-Saharan Africa, which is 1.92 trillion current LCU, 3% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +241747.4% | -115,138 current LCU | 278.23 million current LCU |
| 1973 | +151.7% | 12.06 million current LCU | 30.35 million current LCU |
| 1991 | -100.1% | 85.14 million current LCU | -115,138 current LCU |
| 2001 | +110.8% | 741.32 million current LCU | 1.56 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.92 million current LCU | 4.46 million current LCU | 7.97 million current LCU | 6 |
| 1970s | 57.61 million current LCU | 8.19 million current LCU | 158.68 million current LCU | 10 |
| 1980s | 307.53 million current LCU | 195.59 million current LCU | 527.56 million current LCU | 10 |
| 1990s | 291.57 million current LCU | -115,138 current LCU | 637.34 million current LCU | 10 |
| 2000s | 3.63 billion current LCU | 741.32 million current LCU | 7.48 billion current LCU | 10 |
| 2010s | 19.96 billion current LCU | 10.39 billion current LCU | 33.41 billion current LCU | 8 |
| 2020s | 52.51 billion current LCU | 39.06 billion current LCU | 64.61 billion current LCU | 5 |
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 net domestic credit in Gambia?
- Net domestic credit in Gambia was 64.61 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Gambia?
- The highest recorded value was 64.61 billion current LCU in 2024.
- What is the lowest net domestic credit recorded in Gambia?
- The lowest recorded value was -115,138 current LCU in 1991.
- How does Gambia rank for net domestic credit?
- Gambia ranks 135th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Gambia?
- Over the last ten years it is up 238.9%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.