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% |
Gambia compared with similar countries
- Gambia's 6.89 is above the median for low income countries, which is 1.99, 3.5× the median. (5 countries reporting)
- Gambia's 6.89 is above the median for Sub-Saharan Africa, which is 2.92, 2.4× the median. (14 countries reporting)
Biggest year-on-year movements
Years where Savings Rate, Percent per annum 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 |
|---|---|---|---|
| 2025 | +197.9% | 2.31 | 6.89 |
| 2004 | +61.3% | 10.54 | 17 |
| 2021 | -60.8% | 7.17 | 2.81 |
| 2006 | -38.2% | 14.17 | 8.75 |
| 1986 | +37.2% | 11.75 | 16.12 |
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
- 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 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.