Total reserves in months of imports in Gambia
Gambia: Total reserves in months of imports was 4.79 in 2024. ◆ Volatile
Total reserves in months of imports in Gambia, 1978–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2024, total reserves in months of imports in Gambia stood at 4.79.
Compared with earlier readings it is down 3.3% on the previous year and up 20.0% over ten years.
Over the whole period, total reserves in months of imports in Gambia peaked at 10.02 in 2021 and was at its lowest, 0.1603, in 1979.
That places Gambia 75th out of 179 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.
Total reserves in months of imports in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1978 | 2.66 | — |
| 1979 | 0.1603 | -94.0% |
| 1980 | 0.3599 | +124.5% |
| 1981 | 0.3108 | -13.6% |
| 1982 | 0.7447 | +139.6% |
| 1983 | 0.2711 | -63.6% |
| 1984 | 0.2642 | -2.6% |
| 1985 | 0.2095 | -20.7% |
| 1986 | 2.11 | +909.1% |
| 1987 | 1.91 | -9.7% |
| 1988 | 1.36 | -28.8% |
| 1989 | 1.39 | +2.3% |
| 1990 | 3.14 | +125.7% |
| 1991 | 3.32 | +6.0% |
| 1992 | 4.36 | +31.2% |
| 1993 | 4.44 | +1.9% |
| 1994 | 4.68 | +5.2% |
| 1995 | 5.31 | +13.6% |
| 1996 | 4.09 | -23.0% |
| 1997 | 4.04 | -1.4% |
| 2003 | 3.8 | -5.9% |
| 2004 | 3.64 | -4.3% |
| 2005 | 3.87 | +6.3% |
| 2006 | 4.04 | +4.3% |
| 2007 | 4.12 | +2.1% |
| 2008 | 3.51 | -14.8% |
| 2009 | 7.43 | +111.6% |
| 2010 | 7.11 | -4.3% |
| 2011 | 6.4 | -10.0% |
| 2012 | 6.41 | +0.2% |
| 2013 | 6.34 | -1.1% |
| 2014 | 3.99 | -37.1% |
| 2015 | 3.11 | -22.1% |
| 2016 | 2.61 | -16.1% |
| 2017 | 3.44 | +31.6% |
| 2018 | 3.19 | -7.3% |
| 2019 | 4.61 | +44.9% |
| 2020 | 6.41 | +38.9% |
| 2021 | 10.02 | +56.4% |
| 2022 | 7.8 | -22.1% |
| 2023 | 4.95 | -36.5% |
| 2024 | 4.79 | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.41 | 0.1603 | 2.66 | 2 |
| 1980s | 0.8929 | 0.2095 | 2.11 | 10 |
| 1990s | 4.17 | 3.14 | 5.31 | 8 |
| 2000s | 4.34 | 3.51 | 7.43 | 7 |
| 2010s | 4.72 | 2.61 | 7.11 | 10 |
| 2020s | 6.79 | 4.79 | 10.02 | 5 |
Countries ranked near Gambia
- 72 Ukraine 5.03 compare
- 73 Azerbaijan 4.95 compare
- 74 Papua New Guinea 4.9 compare
- 76 Botswana 4.76 compare
- 77 Saint Vincent and the Grenadines 4.75 compare
- 78 Türkiye 4.73 compare
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 total reserves in months of imports in Gambia?
- Total reserves in months of imports in Gambia was 4.79 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Gambia?
- The highest recorded value was 10.02 in 2021.
- What is the lowest total reserves in months of imports recorded in Gambia?
- The lowest recorded value was 0.1603 in 1979.
- How does Gambia rank for total reserves in months of imports?
- Gambia ranks 75th out of 179 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Gambia?
- Over the last ten years it is up 20.0%. 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 Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].