Financial and insurance activities (banking), value added in Gambia
Gambia: Financial and insurance activities (banking), value added was 94.53 million current US$ in 2011. ▲ Rising
Financial and insurance activities (banking), value added in Gambia, 1995–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
Gambia recorded 94.53 million current US$ for financial and insurance activities (banking), value added in 2011. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 12.8% on the previous year and up 83.8% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Gambia peaked at 94.53 million current US$ in 2011 and was at its lowest, 34.00 million current US$, in 2003.
That places Gambia 21st out of 37 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Financial and insurance activities (banking), value added in Gambia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 64.64 million current US$ | — |
| 1996 | 64.51 million current US$ | -0.2% |
| 1997 | 64.53 million current US$ | +0.0% |
| 1998 | 64.44 million current US$ | -0.1% |
| 1999 | 63.54 million current US$ | -1.4% |
| 2000 | 59.77 million current US$ | -5.9% |
| 2001 | 51.43 million current US$ | -13.9% |
| 2002 | 42.76 million current US$ | -16.9% |
| 2003 | 34.00 million current US$ | -20.5% |
| 2004 | 36.80 million current US$ | +8.2% |
| 2005 | 41.16 million current US$ | +11.9% |
| 2006 | 47.12 million current US$ | +14.5% |
| 2007 | 52.75 million current US$ | +11.9% |
| 2008 | 74.89 million current US$ | +42.0% |
| 2009 | 83.35 million current US$ | +11.3% |
| 2010 | 83.79 million current US$ | +0.5% |
| 2011 | 94.53 million current US$ | +12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 64.33 million current US$ | 63.54 million current US$ | 64.64 million current US$ | 5 |
| 2000s | 52.40 million current US$ | 34.00 million current US$ | 83.35 million current US$ | 10 |
| 2010s | 89.16 million current US$ | 83.79 million current US$ | 94.53 million current US$ | 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)
- Industry (including construction), value added (constant 2015 US$) 6 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.173 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 158.95 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 6 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 5.79 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 5,318 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 0.7864 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5307 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Gambia?
- Financial and insurance activities (banking), value added in Gambia was 94.53 million current US$ in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Gambia?
- The highest recorded value was 94.53 million current US$ in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Gambia?
- The lowest recorded value was 34.00 million current US$ in 2003.
- How does Gambia rank for financial and insurance activities (banking), value added?
- Gambia ranks 21st out of 37 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Gambia?
- Over the last ten years it is up 83.8%. The long-run trend across the full record is rising.
- Where does this Gambia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current U.S. dollars.