Gross savings (current LCU), per unit of GDP in Gambia
Gambia: Gross savings (current LCU), per unit of GDP was 17.56 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Gambia, 1978–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross savings (current lcu), per unit of gdp in Gambia stood at 17.56 current LCU per US$ of GDP. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 50.6% on the previous year and up 268.8% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Gambia peaked at 17.56 current LCU per US$ of GDP in 2024 and was at its lowest, -0.3244 current LCU per US$ of GDP, in 1996.
That places Gambia 60th out of 178 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.
Gross savings (current LCU), per unit of GDP in Gambia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1978 | 0.0794 current LCU per US$ of GDP | — |
| 1979 | 0.215 current LCU per US$ of GDP | +170.8% |
| 1980 | 0.2815 current LCU per US$ of GDP | +30.9% |
| 1981 | 0.4834 current LCU per US$ of GDP | +71.7% |
| 1982 | 0.4549 current LCU per US$ of GDP | -5.9% |
| 1983 | 0.2649 current LCU per US$ of GDP | -41.8% |
| 1984 | 0.435 current LCU per US$ of GDP | +64.2% |
| 1985 | 0.8909 current LCU per US$ of GDP | +104.8% |
| 1986 | 2.03 current LCU per US$ of GDP | +128.1% |
| 1987 | 2.99 current LCU per US$ of GDP | +47.2% |
| 1988 | 2.02 current LCU per US$ of GDP | -32.5% |
| 1989 | 1.32 current LCU per US$ of GDP | -34.5% |
| 1990 | 1.72 current LCU per US$ of GDP | +30.1% |
| 1991 | 0.7642 current LCU per US$ of GDP | -55.6% |
| 1992 | 1.04 current LCU per US$ of GDP | +36.2% |
| 1993 | -0.0144 current LCU per US$ of GDP | -101.4% |
| 1994 | -0.2241 current LCU per US$ of GDP | +1454.7% |
| 1995 | 0.9022 current LCU per US$ of GDP | -502.5% |
| 1996 | -0.3244 current LCU per US$ of GDP | -136.0% |
| 1997 | 0.769 current LCU per US$ of GDP | -337.0% |
| 2003 | 2.79 current LCU per US$ of GDP | +263.3% |
| 2004 | 1.82 current LCU per US$ of GDP | -35.0% |
| 2005 | 1.02 current LCU per US$ of GDP | -43.7% |
| 2006 | 3.3 current LCU per US$ of GDP | +222.1% |
| 2007 | 2.3 current LCU per US$ of GDP | -30.2% |
| 2008 | 0.0713 current LCU per US$ of GDP | -96.9% |
| 2009 | 1.41 current LCU per US$ of GDP | +1883.5% |
| 2010 | -0.0989 current LCU per US$ of GDP | -107.0% |
| 2011 | 1.85 current LCU per US$ of GDP | -1972.0% |
| 2012 | 5.04 current LCU per US$ of GDP | +172.3% |
| 2013 | 2.01 current LCU per US$ of GDP | -60.2% |
| 2014 | 4.76 current LCU per US$ of GDP | +137.0% |
| 2015 | 8.03 current LCU per US$ of GDP | +68.6% |
| 2016 | 8.64 current LCU per US$ of GDP | +7.6% |
| 2017 | 8.71 current LCU per US$ of GDP | +0.8% |
| 2018 | 7.55 current LCU per US$ of GDP | -13.3% |
| 2019 | 8.99 current LCU per US$ of GDP | +19.1% |
| 2020 | 13.85 current LCU per US$ of GDP | +54.1% |
| 2021 | 12.58 current LCU per US$ of GDP | -9.2% |
| 2022 | 11.8 current LCU per US$ of GDP | -6.2% |
| 2023 | 11.66 current LCU per US$ of GDP | -1.2% |
| 2024 | 17.56 current LCU per US$ of GDP | +50.6% |
Gambia compared with similar countries
- Gambia's 17.56 current LCU per US$ of GDP is below the median for low income countries, which is 79.11 current LCU per US$ of GDP, 22% of the median. (20 countries reporting)
- Gambia's 17.56 current LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 54.82 current LCU per US$ of GDP, 32% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit of GDP 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 | +1972.0% | -0.0989 current LCU per US$ of GDP | 1.85 current LCU per US$ of GDP |
| 2009 | +1883.5% | 0.0713 current LCU per US$ of GDP | 1.41 current LCU per US$ of GDP |
| 1994 | -1454.7% | -0.0144 current LCU per US$ of GDP | -0.2241 current LCU per US$ of GDP |
| 1995 | +502.5% | -0.2241 current LCU per US$ of GDP | 0.9022 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1472 current LCU per US$ of GDP | 0.0794 current LCU per US$ of GDP | 0.215 current LCU per US$ of GDP | 2 |
| 1980s | 1.12 current LCU per US$ of GDP | 0.2649 current LCU per US$ of GDP | 2.99 current LCU per US$ of GDP | 10 |
| 1990s | 0.5794 current LCU per US$ of GDP | -0.3244 current LCU per US$ of GDP | 1.72 current LCU per US$ of GDP | 8 |
| 2000s | 1.82 current LCU per US$ of GDP | 0.0713 current LCU per US$ of GDP | 3.3 current LCU per US$ of GDP | 7 |
| 2010s | 5.55 current LCU per US$ of GDP | -0.0989 current LCU per US$ of GDP | 8.99 current LCU per US$ of GDP | 10 |
| 2020s | 13.49 current LCU per US$ of GDP | 11.66 current LCU per US$ of GDP | 17.56 current LCU per US$ of GDP | 5 |
Countries ranked near Gambia
- 57 Serbia 19.72 current LCU per US$ of GDP compare
- 58 Bhutan 19.19 current LCU per US$ of GDP compare
- 59 Haiti 17.75 current LCU per US$ of GDP compare
- 61 Philippines 17.32 current LCU per US$ of GDP compare
- 62 Ethiopia 15.48 current LCU per US$ of GDP compare
- 63 North Macedonia 15.06 current LCU per US$ of GDP 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$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Gambia?
- Gross savings (current lcu), per unit of gdp in Gambia was 17.56 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Gambia?
- The highest recorded value was 17.56 current LCU per US$ of GDP in 2024.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Gambia?
- The lowest recorded value was -0.3244 current LCU per US$ of GDP in 1996.
- How does Gambia rank for gross savings (current lcu), per unit of gdp?
- Gambia ranks 60th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Gambia?
- Over the last ten years it is up 268.8%. 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 Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.