Adjusted savings: net national savings in Gambia
Gambia: Adjusted savings: net national savings was 20.5% in 2021. ◆ Volatile
Adjusted savings: net national savings in Gambia, 1978–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Gambia is 20.5%, measured in 2021.
Compared with earlier readings it is up 99.7% on the previous year and up 265.1% over ten years.
Over the whole period, adjusted savings: net national savings in Gambia peaked at 28.5% in 1987 and was at its lowest, -16.9%, in 2010.
That places Gambia 33rd out of 177 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Gambia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1978 | -4.4% | — |
| 1979 | 2.4% | -155.3% |
| 1980 | 6.5% | +168.0% |
| 1981 | 12.5% | +93.0% |
| 1982 | 11.1% | -11.3% |
| 1983 | -0.6% | -105.5% |
| 1984 | 2.1% | -444.3% |
| 1985 | 11.2% | +425.8% |
| 1986 | 17.1% | +52.8% |
| 1987 | 28.5% | +66.7% |
| 1988 | 20.0% | -29.8% |
| 1989 | 8.3% | -58.5% |
| 1990 | 13.0% | +56.8% |
| 1991 | -1.4% | -110.9% |
| 1992 | 0.9% | -166.1% |
| 1993 | -11.7% | -1355.2% |
| 1994 | -14.2% | +21.2% |
| 1995 | -2.3% | -83.5% |
| 1996 | -15.8% | +573.8% |
| 1997 | -5.2% | -66.9% |
| 2003 | -4.1% | -21.3% |
| 2004 | -7.2% | +75.3% |
| 2005 | -9.6% | +33.1% |
| 2006 | -2.0% | -78.7% |
| 2007 | -4.8% | +136.1% |
| 2008 | -15.0% | +210.8% |
| 2009 | -10.5% | -29.8% |
| 2010 | -16.9% | +60.6% |
| 2011 | -12.4% | -26.7% |
| 2012 | -3.2% | -74.3% |
| 2013 | -13.1% | +312.1% |
| 2014 | -6.8% | -48.0% |
| 2015 | 0.8% | -111.1% |
| 2016 | 1.3% | +75.3% |
| 2017 | 0.7% | -44.2% |
| 2018 | -0.9% | -219.9% |
| 2019 | 1.1% | -220.6% |
| 2020 | 10.2% | +859.2% |
| 2021 | 20.5% | +99.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.0% | -4.4% | 2.4% | 2 |
| 1980s | 11.7% | -0.6% | 28.5% | 10 |
| 1990s | -4.6% | -15.8% | 13.0% | 8 |
| 2000s | -7.6% | -15.0% | -2.0% | 7 |
| 2010s | -4.9% | -16.9% | 1.3% | 10 |
| 2020s | 15.3% | 10.2% | 20.5% | 2 |
Countries ranked near Gambia
More economy & growth data for Gambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -665,150 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0003 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -0.241 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 232.36 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.05 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0966 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Gambia?
- Adjusted savings: net national savings in Gambia was 20.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Gambia?
- The highest recorded value was 28.5% in 1987.
- What is the lowest adjusted savings: net national savings recorded in Gambia?
- The lowest recorded value was -16.9% in 2010.
- How does Gambia rank for adjusted savings: net national savings?
- Gambia ranks 33rd out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Gambia?
- Over the last ten years it is up 265.1%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.