Net secondary income in Gambia
Gambia: Net secondary income was 554.03 million BoP, current US$ in 2024. ◆ Volatile
Net secondary income in Gambia, 1978–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net secondary income in Gambia stood at 554.03 million BoP, current US$. That is the highest value across all 42 years on record.
That represents a change of up 2.6% on the previous year and up 349.4% over ten years.
Over the whole period, net secondary income in Gambia peaked at 554.03 million BoP, current US$ in 2024 and was at its lowest, 12.23 million BoP, current US$, in 1984.
Gambia ranks 82nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income in Gambia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | 12.43 million BoP, current US$ | — |
| 1979 | 24.60 million BoP, current US$ | +98.0% |
| 1980 | 29.47 million BoP, current US$ | +19.8% |
| 1981 | 51.30 million BoP, current US$ | +74.1% |
| 1982 | 33.90 million BoP, current US$ | -33.9% |
| 1983 | 20.50 million BoP, current US$ | -39.5% |
| 1984 | 12.23 million BoP, current US$ | -40.4% |
| 1985 | 15.03 million BoP, current US$ | +22.9% |
| 1986 | 12.71 million BoP, current US$ | -15.5% |
| 1987 | 47.46 million BoP, current US$ | +273.5% |
| 1988 | 53.01 million BoP, current US$ | +11.7% |
| 1989 | 37.62 million BoP, current US$ | -29.0% |
| 1990 | 60.99 million BoP, current US$ | +62.1% |
| 1991 | 49.55 million BoP, current US$ | -18.8% |
| 1992 | 58.04 million BoP, current US$ | +17.1% |
| 1993 | 45.03 million BoP, current US$ | -22.4% |
| 1994 | 41.29 million BoP, current US$ | -8.3% |
| 1995 | 51.77 million BoP, current US$ | +25.4% |
| 1996 | 29.36 million BoP, current US$ | -43.3% |
| 1997 | 35.87 million BoP, current US$ | +22.2% |
| 2003 | 51.35 million BoP, current US$ | +43.2% |
| 2004 | 66.00 million BoP, current US$ | +28.5% |
| 2005 | 71.89 million BoP, current US$ | +8.9% |
| 2006 | 87.61 million BoP, current US$ | +21.9% |
| 2007 | 82.83 million BoP, current US$ | -5.4% |
| 2008 | 75.84 million BoP, current US$ | -8.4% |
| 2009 | 104.92 million BoP, current US$ | +38.4% |
| 2010 | 77.66 million BoP, current US$ | -26.0% |
| 2011 | 52.41 million BoP, current US$ | -32.5% |
| 2012 | 69.75 million BoP, current US$ | +33.1% |
| 2013 | 35.25 million BoP, current US$ | -49.5% |
| 2014 | 123.27 million BoP, current US$ | +249.7% |
| 2015 | 155.43 million BoP, current US$ | +26.1% |
| 2016 | 136.83 million BoP, current US$ | -12.0% |
| 2017 | 217.52 million BoP, current US$ | +59.0% |
| 2018 | 212.97 million BoP, current US$ | -2.1% |
| 2019 | 258.57 million BoP, current US$ | +21.4% |
| 2020 | 454.99 million BoP, current US$ | +76.0% |
| 2021 | 547.16 million BoP, current US$ | +20.3% |
| 2022 | 503.00 million BoP, current US$ | -8.1% |
| 2023 | 540.07 million BoP, current US$ | +7.4% |
| 2024 | 554.03 million BoP, current US$ | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.51 million BoP, current US$ | 12.43 million BoP, current US$ | 24.60 million BoP, current US$ | 2 |
| 1980s | 31.32 million BoP, current US$ | 12.23 million BoP, current US$ | 53.01 million BoP, current US$ | 10 |
| 1990s | 46.49 million BoP, current US$ | 29.36 million BoP, current US$ | 60.99 million BoP, current US$ | 8 |
| 2000s | 77.21 million BoP, current US$ | 51.35 million BoP, current US$ | 104.92 million BoP, current US$ | 7 |
| 2010s | 133.97 million BoP, current US$ | 35.25 million BoP, current US$ | 258.57 million BoP, current US$ | 10 |
| 2020s | 519.85 million BoP, current US$ | 454.99 million BoP, current US$ | 554.03 million BoP, current US$ | 5 |
Countries ranked near Gambia
- 79 Costa Rica 632.90 million BoP, current US$ compare
- 80 Lesotho 625.90 million BoP, current US$ compare
- 81 Togo 604.14 million BoP, current US$ compare
- 83 French Polynesia 531.65 million BoP, current US$ compare
- 84 Tanzania, United Republic of 529.92 million BoP, current US$ compare
- 85 Fiji 510.04 million BoP, current US$ 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)
- GNI, Atlas method (current US$), annual growth rate 7.63 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 926.67 current US$ per person (2025)
- GNI (current US$), annual growth rate 7.86 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9869 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 907.04 current US$ per person (2025)
- GNI (current LCU), annual growth rate 14.26 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 70.81 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income in Gambia?
- Net secondary income in Gambia was 554.03 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Gambia?
- The highest recorded value was 554.03 million BoP, current US$ in 2024.
- What is the lowest net secondary income recorded in Gambia?
- The lowest recorded value was 12.23 million BoP, current US$ in 1984.
- How does Gambia rank for net secondary income?
- Gambia ranks 82nd out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Gambia?
- Over the last ten years it is up 349.4%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.