Current account balance (BoP, current US$), annual growth rate in Gambia
Gambia: Current account balance (BoP, current US$), annual growth rate was 16.88 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Gambia, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for current account balance (bop, current us$), annual growth rate in Gambia is 16.88 % change on previous year, measured in 2024.
The figure is up 151.1% on the previous year and up 30.6% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Gambia peaked at 545.32 % change on previous year in 2009 and was at its lowest, -717.97 % change on previous year, in 2011.
That places Gambia 75th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Gambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1979 | 21.17 % change on previous year | — |
| 1980 | -144.49 % change on previous year | -782.6% |
| 1981 | 51.83 % change on previous year | -135.9% |
| 1982 | 50.83 % change on previous year | -1.9% |
| 1983 | -47.01 % change on previous year | -192.5% |
| 1984 | 120.95 % change on previous year | -357.3% |
| 1985 | 16.33 % change on previous year | -86.5% |
| 1986 | -59.79 % change on previous year | -466.1% |
| 1987 | 360.73 % change on previous year | -703.4% |
| 1988 | 126.48 % change on previous year | -64.9% |
| 1989 | -51.92 % change on previous year | -141.0% |
| 1990 | 55.85 % change on previous year | -207.6% |
| 1991 | -50.53 % change on previous year | -190.5% |
| 1992 | 219.17 % change on previous year | -533.7% |
| 1993 | -113.53 % change on previous year | -151.8% |
| 1994 | 256.81 % change on previous year | -326.2% |
| 1995 | -200.48 % change on previous year | -178.1% |
| 1996 | -478.44 % change on previous year | +138.6% |
| 1997 | 51.24 % change on previous year | -110.7% |
| 2005 | -43.1 % change on previous year | -184.1% |
| 2006 | -51.18 % change on previous year | +18.7% |
| 2007 | -20.85 % change on previous year | -59.3% |
| 2008 | 92.07 % change on previous year | -541.7% |
| 2009 | 545.32 % change on previous year | +492.3% |
| 2010 | -37.51 % change on previous year | -106.9% |
| 2011 | -717.97 % change on previous year | +1814.1% |
| 2012 | 14.2 % change on previous year | -102.0% |
| 2013 | -4.66 % change on previous year | -132.8% |
| 2014 | 12.93 % change on previous year | -377.2% |
| 2015 | 36.4 % change on previous year | +181.6% |
| 2016 | -41.55 % change on previous year | -214.2% |
| 2017 | -25.11 % change on previous year | -39.6% |
| 2018 | -41.79 % change on previous year | +66.5% |
| 2019 | 72.54 % change on previous year | -273.6% |
| 2020 | -133.43 % change on previous year | -283.9% |
| 2021 | -0.3746 % change on previous year | -99.7% |
| 2022 | -3.88 % change on previous year | +936.7% |
| 2023 | -33.03 % change on previous year | +750.7% |
| 2024 | 16.88 % change on previous year | -151.1% |
Gambia compared with similar countries
- Gambia's 16.88 % change on previous year is above the median for low income countries, which is 9.73 % change on previous year, 1.7× the median. (23 countries reporting)
- Gambia's 16.88 % change on previous year is above the median for Sub-Saharan Africa, which is -1.03 % change on previous year. (47 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | -1814.1% | -37.51 % change on previous year | -717.97 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.17 % change on previous year | 21.17 % change on previous year | 21.17 % change on previous year | 1 |
| 1980s | 42.4 % change on previous year | -144.49 % change on previous year | 360.73 % change on previous year | 10 |
| 1990s | -32.49 % change on previous year | -478.44 % change on previous year | 256.81 % change on previous year | 8 |
| 2000s | 104.45 % change on previous year | -51.18 % change on previous year | 545.32 % change on previous year | 5 |
| 2010s | -73.25 % change on previous year | -717.97 % change on previous year | 72.54 % change on previous year | 10 |
| 2020s | -30.77 % change on previous year | -133.43 % change on previous year | 16.88 % change on previous year | 5 |
Countries ranked near Gambia
- 72 Costa Rica 18.19 % change on previous year compare
- 73 Afghanistan 17.28 % change on previous year compare
- 74 Vietnam 16.99 % change on previous year compare
- 76 Bermuda 16.35 % change on previous year compare
- 77 Denmark 16.21 % change on previous year compare
- 78 Cyprus 15.51 % change on previous year compare
More economy & growth data for Gambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Gambia?
- Current account balance (bop, current us$), annual growth rate in Gambia was 16.88 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Gambia?
- The highest recorded value was 545.32 % change on previous year in 2009.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Gambia?
- The lowest recorded value was -717.97 % change on previous year in 2011.
- How does Gambia rank for current account balance (bop, current us$), annual growth rate?
- Gambia ranks 75th out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Gambia?
- Over the last ten years it is up 30.6%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.