Net domestic credit in Gambia
Gambia: Net domestic credit was 64.61 billion current LCU in 2024. ◆ Volatile
Latest (2024)
64.61 billion current LCU
Change on year
up 11.5%
World rank
135th
of 186 countries
All-time high
64.61 billion current LCU
in 2024
All-time low
-115,138 current LCU
in 1991
Years of data
59
1964–2024
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 186 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 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% |
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
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 15.62 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1759 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 153.29 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 12.12 % change on previous year (2024)
- Reserves excluding gold (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)
- Total reserves (gold at market value) (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 national valuation) (SDR), per capita 174.71 SDR per person (2024)
- Total reserves (gold at national valuation) 482.20 million SDR (2024)
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 186 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.