Savings Rate, Percent per annum in Gambia
Gambia: Savings Rate, Percent per annum was 6.89 in 2025. ▼ Falling
Savings Rate, Percent per annum in Gambia, 1981–2025
Source: International Monetary Fund.
Analysis
The most recent figure for savings rate, percent per annum in Gambia is 6.89, measured in 2025.
The figure is up 197.9% on the previous year and down 6.1% over ten years.
Over the whole period, savings rate, percent per annum in Gambia peaked at 17 in 2004 and was at its lowest, 2.31, in 2024.
That places Gambia 7th out of 63 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently falling across the 43 years of available data.
Savings Rate, Percent per annum in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 8.5 | — |
| 1982 | 8.5 | +0.0% |
| 1983 | 8.5 | +0.0% |
| 1984 | 10.5 | +23.5% |
| 1985 | 11.75 | +11.9% |
| 1986 | 16.12 | +37.2% |
| 1987 | 16.25 | +0.8% |
| 1988 | 15 | -7.7% |
| 1989 | 12.92 | -13.9% |
| 1990 | 12.5 | -3.2% |
| 1991 | 12.5 | +0.0% |
| 1992 | 13.08 | +4.7% |
| 1993 | 12.38 | -5.4% |
| 1994 | 11.88 | -4.0% |
| 1995 | 11.83 | -0.4% |
| 1996 | 11.5 | -2.8% |
| 1997 | 11.5 | +0.0% |
| 1998 | 11.5 | +0.0% |
| 1999 | 11.5 | +0.0% |
| 2000 | 10.25 | -10.9% |
| 2001 | 10 | -2.4% |
| 2002 | 9.92 | -0.8% |
| 2003 | 10.54 | +6.3% |
| 2004 | 17 | +61.3% |
| 2005 | 14.17 | -16.7% |
| 2006 | 8.75 | -38.2% |
| 2007 | 7 | -20.0% |
| 2008 | 7 | +0.0% |
| 2009 | 7.25 | +3.6% |
| 2010 | 8 | +10.3% |
| 2011 | 8 | +0.0% |
| 2012 | 8 | +0.0% |
| 2013 | 8 | +0.0% |
| 2014 | 7.33 | -8.3% |
| 2017 | 8 | +9.1% |
| 2018 | 8 | +0.0% |
| 2019 | 8 | +0.0% |
| 2020 | 7.17 | -10.4% |
| 2021 | 2.81 | -60.8% |
| 2022 | 2.85 | +1.5% |
| 2023 | 2.75 | -3.6% |
| 2024 | 2.31 | -15.9% |
| 2025 | 6.89 | +197.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12 | 8.5 | 16.25 | 9 |
| 1990s | 12.02 | 11.5 | 13.08 | 10 |
| 2000s | 10.19 | 7 | 17 | 10 |
| 2010s | 7.92 | 7.33 | 8 | 8 |
| 2020s | 4.13 | 2.31 | 7.17 | 6 |
Countries ranked near Gambia
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)
- Net domestic credit (current LCU), annual growth rate 11.48 % change on previous year (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)
Frequently asked questions
- What is savings rate, percent per annum in Gambia?
- Savings rate, percent per annum in Gambia was 6.89 in 2025, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Gambia?
- The highest recorded value was 17 in 2004.
- What is the lowest savings rate, percent per annum recorded in Gambia?
- The lowest recorded value was 2.31 in 2024.
- How does Gambia rank for savings rate, percent per annum?
- Gambia ranks 7th out of 63 countries with data for 2025.
- Is savings rate, percent per annum rising or falling in Gambia?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.