Personal remittances, received (current US$), annual growth rate in Gambia
Gambia: Personal remittances, received (current US$), annual growth rate was 2.75 % change on previous year in 2024. ◆ Volatile
Personal remittances, received (current US$), annual growth rate in Gambia, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Gambia recorded 2.75 % change on previous year for personal remittances, received (current us$), annual growth rate in 2024.
That represents a change of up 5.6% on the previous year and down 89.2% over ten years.
Over the whole period, personal remittances, received (current us$), annual growth rate in Gambia peaked at 273.32 % change on previous year in 1983 and was at its lowest, -35.1 % change on previous year, in 1982.
Gambia ranks 127th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), annual growth rate in Gambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1979 | 42.66 % change on previous year | — |
| 1980 | -20.62 % change on previous year | -148.3% |
| 1981 | -25.98 % change on previous year | +26.0% |
| 1982 | -35.1 % change on previous year | +35.1% |
| 1983 | 273.32 % change on previous year | -878.8% |
| 2004 | 12.35 % change on previous year | -95.5% |
| 2005 | -2.38 % change on previous year | -119.3% |
| 2006 | 7.54 % change on previous year | -416.9% |
| 2007 | -12.72 % change on previous year | -268.8% |
| 2008 | 16.44 % change on previous year | -229.2% |
| 2009 | 23.13 % change on previous year | +40.7% |
| 2010 | 44.98 % change on previous year | +94.5% |
| 2011 | -21.04 % change on previous year | -146.8% |
| 2012 | 16.41 % change on previous year | -178.0% |
| 2013 | 3.27 % change on previous year | -80.1% |
| 2014 | 25.44 % change on previous year | +677.5% |
| 2015 | 11.82 % change on previous year | -53.5% |
| 2016 | -5.44 % change on previous year | -146.0% |
| 2017 | 9.95 % change on previous year | -282.8% |
| 2018 | 32.38 % change on previous year | +225.6% |
| 2019 | 30.08 % change on previous year | -7.1% |
| 2020 | 50.97 % change on previous year | +69.4% |
| 2021 | 31.37 % change on previous year | -38.5% |
| 2022 | -8.26 % change on previous year | -126.3% |
| 2023 | 2.6 % change on previous year | -131.5% |
| 2024 | 2.75 % change on previous year | +5.6% |
Gambia compared with similar countries
- Gambia's 2.75 % change on previous year is below the median for low income countries, which is 5.99 % change on previous year, 46% of the median. (22 countries reporting)
- Gambia's 2.75 % change on previous year is below the median for Sub-Saharan Africa, which is 6.32 % change on previous year, 43% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42.66 % change on previous year | 42.66 % change on previous year | 42.66 % change on previous year | 1 |
| 1980s | 47.91 % change on previous year | -35.1 % change on previous year | 273.32 % change on previous year | 4 |
| 2000s | 7.39 % change on previous year | -12.72 % change on previous year | 23.13 % change on previous year | 6 |
| 2010s | 14.79 % change on previous year | -21.04 % change on previous year | 44.98 % change on previous year | 10 |
| 2020s | 15.89 % change on previous year | -8.26 % change on previous year | 50.97 % change on previous year | 5 |
Countries ranked near Gambia
- 124 Saint Lucia 3.03 % change on previous year compare
- 125 Nigeria 2.99 % change on previous year compare
- 126 Hungary 2.89 % change on previous year compare
- 128 Saint Kitts and Nevis 2.53 % change on previous year compare
- 129 Mali 2.28 % change on previous year compare
- 130 North Macedonia 2.08 % change on previous year 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$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, received (current us$), annual growth rate in Gambia?
- Personal remittances, received (current us$), annual growth rate in Gambia was 2.75 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), annual growth rate recorded in Gambia?
- The highest recorded value was 273.32 % change on previous year in 1983.
- What is the lowest personal remittances, received (current us$), annual growth rate recorded in Gambia?
- The lowest recorded value was -35.1 % change on previous year in 1982.
- How does Gambia rank for personal remittances, received (current us$), annual growth rate?
- Gambia ranks 127th out of 192 countries with data for 2024.
- Is personal remittances, received (current us$), annual growth rate rising or falling in Gambia?
- Over the last ten years it is down 89.2%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.