Net secondary income (Net current transfers from abroad) in Gambia
Gambia: Net secondary income (Net current transfers from abroad) was 37.29 billion current LCU in 2024. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Gambia, 1990–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Gambia recorded 37.29 billion current LCU for net secondary income (net current transfers from abroad) in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 11.6% on the previous year and up 618.6% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Gambia peaked at 37.29 billion current LCU in 2024 and was at its lowest, 67.40 million current LCU, in 1990.
That places Gambia 75th out of 202 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.
Net secondary income (Net current transfers from abroad) in Gambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 67.40 million current LCU | — |
| 1991 | 101.87 million current LCU | +51.2% |
| 1992 | 103.93 million current LCU | +2.0% |
| 1993 | 118.44 million current LCU | +14.0% |
| 1994 | 132.75 million current LCU | +12.1% |
| 1995 | 144.36 million current LCU | +8.7% |
| 1996 | 172.44 million current LCU | +19.5% |
| 1997 | 144.30 million current LCU | -16.3% |
| 1998 | 188.92 million current LCU | +30.9% |
| 1999 | 203.38 million current LCU | +7.7% |
| 2000 | 385.59 million current LCU | +89.6% |
| 2001 | 326.27 million current LCU | -15.4% |
| 2002 | 619.63 million current LCU | +89.9% |
| 2003 | 678.35 million current LCU | +9.5% |
| 2004 | 2.36 billion current LCU | +247.9% |
| 2005 | 1.80 billion current LCU | -23.9% |
| 2006 | 1.89 billion current LCU | +5.3% |
| 2007 | 1.61 billion current LCU | -14.7% |
| 2008 | 1.46 billion current LCU | -9.4% |
| 2009 | 1.71 billion current LCU | +17.2% |
| 2010 | 1.54 billion current LCU | -10.0% |
| 2011 | 1.54 billion current LCU | -0.0% |
| 2012 | 2.52 billion current LCU | +63.8% |
| 2013 | 1.27 billion current LCU | -49.5% |
| 2014 | 5.19 billion current LCU | +307.4% |
| 2015 | 5.68 billion current LCU | +9.5% |
| 2016 | 7.35 billion current LCU | +29.2% |
| 2017 | 9.63 billion current LCU | +31.1% |
| 2018 | 10.40 billion current LCU | +8.0% |
| 2019 | 12.16 billion current LCU | +16.9% |
| 2020 | 21.45 billion current LCU | +76.4% |
| 2021 | 28.14 billion current LCU | +31.2% |
| 2022 | 27.63 billion current LCU | -1.8% |
| 2023 | 33.40 billion current LCU | +20.9% |
| 2024 | 37.29 billion current LCU | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 137.78 million current LCU | 67.40 million current LCU | 203.38 million current LCU | 10 |
| 2000s | 1.28 billion current LCU | 326.27 million current LCU | 2.36 billion current LCU | 10 |
| 2010s | 5.73 billion current LCU | 1.27 billion current LCU | 12.16 billion current LCU | 10 |
| 2020s | 29.58 billion current LCU | 21.45 billion current LCU | 37.29 billion current LCU | 5 |
Countries ranked near Gambia
- 72 French Polynesia 65.57 billion current LCU compare
- 73 Zimbabwe 61.99 billion current LCU compare
- 74 Cape Verde 48.85 billion current LCU compare
- 76 Republic of Moldova 32.22 billion current LCU compare
- 77 Brazil 29.16 billion current LCU compare
- 78 Peru 28.34 billion current LCU 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)
- 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)
- Services, value added (current US$), per capita 487.75 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 6.76 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 38.07 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 34,993 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 6.64 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4335 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Gambia?
- Net secondary income (net current transfers from abroad) in Gambia was 37.29 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Gambia?
- The highest recorded value was 37.29 billion current LCU in 2024.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Gambia?
- The lowest recorded value was 67.40 million current LCU in 1990.
- How does Gambia rank for net secondary income (net current transfers from abroad)?
- Gambia ranks 75th out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Gambia?
- Over the last ten years it is up 618.6%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). 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 series is expressed in local currency units.