Services balance (credit less debit), Net (credits less debits) in Gambia
Gambia: Services balance (credit less debit), Net (credits less debits) was 323.63 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Gambia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Gambia stood at 323.63 million. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 33.9% on the previous year and up 1,068.7% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Gambia peaked at 323.63 million in 2024 and was at its lowest, -9.07 million, in 2021.
Gambia ranks 85th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 35.33 million | — |
| 2006 | -2.00 million | -105.6% |
| 2007 | 36.97 million | -1952.4% |
| 2008 | 27.91 million | -24.5% |
| 2009 | 18.50 million | -33.7% |
| 2010 | 53.79 million | +190.7% |
| 2011 | 59.60 million | +10.8% |
| 2012 | 75.37 million | +26.4% |
| 2013 | 64.19 million | -14.8% |
| 2014 | 27.69 million | -56.9% |
| 2015 | 42.45 million | +53.3% |
| 2016 | 34.11 million | -19.6% |
| 2017 | 48.06 million | +40.9% |
| 2018 | 92.15 million | +91.8% |
| 2019 | 97.67 million | +6.0% |
| 2020 | -3.54 million | -103.6% |
| 2021 | -9.07 million | +156.4% |
| 2022 | 80.24 million | -984.5% |
| 2023 | 241.69 million | +201.2% |
| 2024 | 323.63 million | +33.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.34 million | -2.00 million | 36.97 million | 5 |
| 2010s | 59.51 million | 27.69 million | 97.67 million | 10 |
| 2020s | 126.59 million | -9.07 million | 323.63 million | 5 |
Countries ranked near Gambia
More financial sector data for Gambia
- Total reserves in months of imports, annual growth rate -3.26 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- 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)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Gambia?
- Services balance (credit less debit), net (credits less debits) in Gambia was 323.63 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Gambia?
- The highest recorded value was 323.63 million in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Gambia?
- The lowest recorded value was -9.07 million in 2021.
- How does Gambia rank for services balance (credit less debit), net (credits less debits)?
- Gambia ranks 85th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Gambia?
- Over the last ten years it is up 1,068.7%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.