Net foreign assets in Gambia
Gambia: Net foreign assets was 32.07 billion current LCU in 2024. ◆ Volatile
Net foreign assets in Gambia, 1964–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Gambia recorded 32.07 billion current LCU for net foreign assets in 2024. That is the highest value across all 59 years on record.
That represents a change of up 22.6% on the previous year and up 807.3% over ten years.
Over the whole period, net foreign assets in Gambia peaked at 32.07 billion current LCU in 2024 and was at its lowest, -498.46 million current LCU, in 1986.
That places Gambia 118th 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 foreign assets in Gambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1964 | 6.00 million current LCU | — |
| 1965 | 6.79 million current LCU | +13.2% |
| 1966 | 11.12 million current LCU | +63.8% |
| 1967 | 10.50 million current LCU | -5.6% |
| 1968 | 8.96 million current LCU | -14.7% |
| 1969 | 10.00 million current LCU | +11.6% |
| 1970 | 16.31 million current LCU | +63.1% |
| 1971 | 15.39 million current LCU | -5.6% |
| 1972 | 23.68 million current LCU | +53.9% |
| 1973 | 28.93 million current LCU | +22.2% |
| 1974 | 51.75 million current LCU | +78.9% |
| 1975 | 61.07 million current LCU | +18.0% |
| 1976 | 49.91 million current LCU | -18.3% |
| 1977 | 39.93 million current LCU | -20.0% |
| 1978 | 15.75 million current LCU | -60.6% |
| 1979 | -30.46 million current LCU | -293.4% |
| 1980 | -53.95 million current LCU | +77.1% |
| 1981 | -90.21 million current LCU | +67.2% |
| 1982 | -131.69 million current LCU | +46.0% |
| 1983 | -192.57 million current LCU | +46.2% |
| 1984 | -334.70 million current LCU | +73.8% |
| 1985 | -359.14 million current LCU | +7.3% |
| 1986 | -498.46 million current LCU | +38.8% |
| 1987 | -388.11 million current LCU | -22.1% |
| 1988 | -271.28 million current LCU | -30.1% |
| 1989 | -266.70 million current LCU | -1.7% |
| 1990 | -67.86 million current LCU | -74.6% |
| 1991 | 40.14 million current LCU | -159.1% |
| 1992 | 450.07 million current LCU | +1021.3% |
| 1993 | 534.42 million current LCU | +18.7% |
| 1994 | 526.30 million current LCU | -1.5% |
| 1995 | 702.07 million current LCU | +33.4% |
| 1996 | 701.15 million current LCU | -0.1% |
| 1997 | 760.65 million current LCU | +8.5% |
| 1998 | 876.00 million current LCU | +15.2% |
| 1999 | 978.51 million current LCU | +11.7% |
| 2000 | 1.25 billion current LCU | +28.0% |
| 2001 | 1.09 billion current LCU | -13.4% |
| 2002 | 1.71 billion current LCU | +57.3% |
| 2003 | 1.49 billion current LCU | -12.5% |
| 2004 | 2.86 billion current LCU | +91.3% |
| 2005 | 2.91 billion current LCU | +2.0% |
| 2006 | 3.78 billion current LCU | +29.7% |
| 2007 | 3.72 billion current LCU | -1.6% |
| 2008 | 3.09 billion current LCU | -16.9% |
| 2009 | 3.02 billion current LCU | -2.0% |
| 2010 | 3.57 billion current LCU | +18.1% |
| 2011 | 4.31 billion current LCU | +20.7% |
| 2012 | 4.55 billion current LCU | +5.7% |
| 2013 | 4.05 billion current LCU | -11.1% |
| 2014 | 3.53 billion current LCU | -12.7% |
| 2017 | 4.96 billion current LCU | +40.2% |
| 2018 | 8.29 billion current LCU | +67.2% |
| 2019 | 14.01 billion current LCU | +69.1% |
| 2020 | 21.42 billion current LCU | +52.8% |
| 2021 | 26.49 billion current LCU | +23.7% |
| 2022 | 24.03 billion current LCU | -9.3% |
| 2023 | 26.15 billion current LCU | +8.8% |
| 2024 | 32.07 billion current LCU | +22.6% |
Gambia compared with similar countries
- Gambia's 32.07 billion current LCU is below the median for low income countries, which is 280.01 billion current LCU, 11% of the median. (24 countries reporting)
- Gambia's 32.07 billion current LCU is below the median for Sub-Saharan Africa, which is 241.93 billion current LCU, 13% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets 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 | +1021.3% | 40.14 million current LCU | 450.07 million current LCU |
| 1979 | -293.4% | 15.75 million current LCU | -30.46 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.89 million current LCU | 6.00 million current LCU | 11.12 million current LCU | 6 |
| 1970s | 27.23 million current LCU | -30.46 million current LCU | 61.07 million current LCU | 10 |
| 1980s | -258.68 million current LCU | -498.46 million current LCU | -53.95 million current LCU | 10 |
| 1990s | 550.14 million current LCU | -67.86 million current LCU | 978.51 million current LCU | 10 |
| 2000s | 2.49 billion current LCU | 1.09 billion current LCU | 3.78 billion current LCU | 10 |
| 2010s | 5.91 billion current LCU | 3.53 billion current LCU | 14.01 billion current LCU | 8 |
| 2020s | 26.03 billion current LCU | 21.42 billion current LCU | 32.07 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 foreign assets in Gambia?
- Net foreign assets in Gambia was 32.07 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Gambia?
- The highest recorded value was 32.07 billion current LCU in 2024.
- What is the lowest net foreign assets recorded in Gambia?
- The lowest recorded value was -498.46 million current LCU in 1986.
- How does Gambia rank for net foreign assets?
- Gambia ranks 118th out of 187 countries with data for 2024.
- Is net foreign assets rising or falling in Gambia?
- Over the last ten years it is up 807.3%. 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 foreign assets (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.