Gross savings (current US$), per unit of GDP in Gambia
Gambia: Gross savings (current US$), per unit of GDP was 0.2593 current US$ per US$ of GDP in 2024. ◆ Volatile
Gross savings (current US$), per unit of GDP in Gambia, 1978–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross savings (current us$), per unit of gdp in Gambia is 0.2593 current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 36.1% on the previous year and up 127.3% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Gambia peaked at 0.423 current US$ per US$ of GDP in 1987 and was at its lowest, -0.0331 current US$ per US$ of GDP, in 1996.
Gambia ranks 59th of 178 countries on this measure, 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 US$), per unit of GDP in Gambia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1978 | 0.0381 current US$ per US$ of GDP | — |
| 1979 | 0.1138 current US$ per US$ of GDP | +199.1% |
| 1980 | 0.1635 current US$ per US$ of GDP | +43.7% |
| 1981 | 0.2429 current US$ per US$ of GDP | +48.5% |
| 1982 | 0.1987 current US$ per US$ of GDP | -18.2% |
| 1983 | 0.1004 current US$ per US$ of GDP | -49.5% |
| 1984 | 0.1214 current US$ per US$ of GDP | +20.9% |
| 1985 | 0.2288 current US$ per US$ of GDP | +88.5% |
| 1986 | 0.2935 current US$ per US$ of GDP | +28.3% |
| 1987 | 0.423 current US$ per US$ of GDP | +44.1% |
| 1988 | 0.3011 current US$ per US$ of GDP | -28.8% |
| 1989 | 0.1746 current US$ per US$ of GDP | -42.0% |
| 1990 | 0.2185 current US$ per US$ of GDP | +25.2% |
| 1991 | 0.0875 current US$ per US$ of GDP | -60.0% |
| 1992 | 0.117 current US$ per US$ of GDP | +33.7% |
| 1993 | -0.0016 current US$ per US$ of GDP | -101.4% |
| 1994 | -0.0234 current US$ per US$ of GDP | +1378.9% |
| 1995 | 0.0945 current US$ per US$ of GDP | -504.1% |
| 1996 | -0.0331 current US$ per US$ of GDP | -135.0% |
| 1997 | 0.0754 current US$ per US$ of GDP | -327.7% |
| 2003 | 0.0979 current US$ per US$ of GDP | +29.9% |
| 2004 | 0.0605 current US$ per US$ of GDP | -38.2% |
| 2005 | 0.0358 current US$ per US$ of GDP | -40.8% |
| 2006 | 0.1175 current US$ per US$ of GDP | +228.0% |
| 2007 | 0.0925 current US$ per US$ of GDP | -21.2% |
| 2008 | 0.0032 current US$ per US$ of GDP | -96.5% |
| 2009 | 0.0531 current US$ per US$ of GDP | +1552.1% |
| 2010 | -0.0035 current US$ per US$ of GDP | -106.7% |
| 2011 | 0.0629 current US$ per US$ of GDP | -1879.9% |
| 2012 | 0.1572 current US$ per US$ of GDP | +150.1% |
| 2013 | 0.0559 current US$ per US$ of GDP | -64.5% |
| 2014 | 0.1141 current US$ per US$ of GDP | +104.2% |
| 2015 | 0.1889 current US$ per US$ of GDP | +65.6% |
| 2016 | 0.1991 current US$ per US$ of GDP | +5.4% |
| 2017 | 0.1868 current US$ per US$ of GDP | -6.2% |
| 2018 | 0.1568 current US$ per US$ of GDP | -16.1% |
| 2019 | 0.1795 current US$ per US$ of GDP | +14.5% |
| 2020 | 0.2689 current US$ per US$ of GDP | +49.8% |
| 2021 | 0.2402 current US$ per US$ of GDP | -10.7% |
| 2022 | 0.2149 current US$ per US$ of GDP | -10.5% |
| 2023 | 0.1905 current US$ per US$ of GDP | -11.3% |
| 2024 | 0.2593 current US$ per US$ of GDP | +36.1% |
Gambia compared with similar countries
- Gambia's 0.2593 current US$ per US$ of GDP is above the median for low income countries, which is 0.1668 current US$ per US$ of GDP, 1.6× the median. (20 countries reporting)
- Gambia's 0.2593 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.1747 current US$ per US$ of GDP, 1.5× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +1879.9% | -0.0035 current US$ per US$ of GDP | 0.0629 current US$ per US$ of GDP |
| 2009 | +1552.1% | 0.0032 current US$ per US$ of GDP | 0.0531 current US$ per US$ of GDP |
| 1994 | -1378.9% | -0.0016 current US$ per US$ of GDP | -0.0234 current US$ per US$ of GDP |
| 1995 | +504.1% | -0.0234 current US$ per US$ of GDP | 0.0945 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0759 current US$ per US$ of GDP | 0.0381 current US$ per US$ of GDP | 0.1138 current US$ per US$ of GDP | 2 |
| 1980s | 0.2248 current US$ per US$ of GDP | 0.1004 current US$ per US$ of GDP | 0.423 current US$ per US$ of GDP | 10 |
| 1990s | 0.0669 current US$ per US$ of GDP | -0.0331 current US$ per US$ of GDP | 0.2185 current US$ per US$ of GDP | 8 |
| 2000s | 0.0658 current US$ per US$ of GDP | 0.0032 current US$ per US$ of GDP | 0.1175 current US$ per US$ of GDP | 7 |
| 2010s | 0.1298 current US$ per US$ of GDP | -0.0035 current US$ per US$ of GDP | 0.1991 current US$ per US$ of GDP | 10 |
| 2020s | 0.2347 current US$ per US$ of GDP | 0.1905 current US$ per US$ of GDP | 0.2689 current US$ per US$ of GDP | 5 |
Countries ranked near Gambia
- 56 Ecuador 0.2709 current US$ per US$ of GDP compare
- 57 Honduras 0.2691 current US$ per US$ of GDP compare
- 58 Germany 0.2637 current US$ per US$ of GDP compare
- 60 Malta 0.2589 current US$ per US$ of GDP compare
- 61 Libya 0.2586 current US$ per US$ of GDP compare
- 62 Austria 0.2581 current US$ 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$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Gambia?
- Gross savings (current us$), per unit of gdp in Gambia was 0.2593 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Gambia?
- The highest recorded value was 0.423 current US$ per US$ of GDP in 1987.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Gambia?
- The lowest recorded value was -0.0331 current US$ per US$ of GDP in 1996.
- How does Gambia rank for gross savings (current us$), per unit of gdp?
- Gambia ranks 59th out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Gambia?
- Over the last ten years it is up 127.3%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.