Service exports (BoP, current US$), annual growth rate in Gambia
Gambia: Service exports (BoP, current US$), annual growth rate was 23.65 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Gambia, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Gambia recorded 23.65 % change on previous year for service exports (bop, current us$), annual growth rate in 2024.
That represents a change of down 71.0% on the previous year and up 106.5% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Gambia peaked at 146.74 % change on previous year in 1987 and was at its lowest, -48.66 % change on previous year, in 2020.
Gambia ranks 25th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Gambia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1979 | 70.88 % change on previous year | — |
| 1980 | -21.47 % change on previous year | -130.3% |
| 1981 | -5.07 % change on previous year | -76.4% |
| 1982 | 30.3 % change on previous year | -698.1% |
| 1983 | 10.51 % change on previous year | -65.3% |
| 1984 | -11.23 % change on previous year | -206.8% |
| 1985 | 13.45 % change on previous year | -219.8% |
| 1986 | -19.79 % change on previous year | -247.1% |
| 1987 | 146.74 % change on previous year | -841.5% |
| 1988 | 22.76 % change on previous year | -84.5% |
| 1989 | -2.6 % change on previous year | -111.4% |
| 1990 | -2.69 % change on previous year | +3.6% |
| 1991 | 23.44 % change on previous year | -971.6% |
| 1992 | 13.4 % change on previous year | -42.8% |
| 1993 | -6.99 % change on previous year | -152.2% |
| 1994 | 16.05 % change on previous year | -329.6% |
| 1995 | -40.49 % change on previous year | -352.2% |
| 1996 | 87.27 % change on previous year | -315.5% |
| 1997 | 6.63 % change on previous year | -92.4% |
| 2004 | 2.31 % change on previous year | -65.1% |
| 2005 | 14.89 % change on previous year | +543.9% |
| 2006 | 12.01 % change on previous year | -19.4% |
| 2007 | 38.95 % change on previous year | +224.5% |
| 2008 | -8.1 % change on previous year | -120.8% |
| 2009 | -11.38 % change on previous year | +40.5% |
| 2010 | 25.39 % change on previous year | -323.0% |
| 2011 | 3.66 % change on previous year | -85.6% |
| 2012 | 9.95 % change on previous year | +172.0% |
| 2013 | -12.62 % change on previous year | -226.9% |
| 2014 | 11.45 % change on previous year | -190.7% |
| 2015 | -26.15 % change on previous year | -328.4% |
| 2016 | -10.13 % change on previous year | -61.3% |
| 2017 | 44.17 % change on previous year | -536.0% |
| 2018 | 47.64 % change on previous year | +7.8% |
| 2019 | 0.4555 % change on previous year | -99.0% |
| 2020 | -48.66 % change on previous year | -10782.5% |
| 2021 | 3.95 % change on previous year | -108.1% |
| 2022 | 96.5 % change on previous year | +2342.7% |
| 2023 | 81.63 % change on previous year | -15.4% |
| 2024 | 23.65 % change on previous year | -71.0% |
Gambia compared with similar countries
- Gambia's 23.65 % change on previous year is above the median for low income countries, which is 8.74 % change on previous year, 2.7× the median. (23 countries reporting)
- Gambia's 23.65 % change on previous year is above the median for Sub-Saharan Africa, which is 9.24 % change on previous year, 2.6× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Gambia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -10782.5% | 0.4555 % change on previous year | -48.66 % change on previous year |
| 2022 | +2342.7% | 3.95 % change on previous year | 96.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 70.88 % change on previous year | 70.88 % change on previous year | 70.88 % change on previous year | 1 |
| 1980s | 16.36 % change on previous year | -21.47 % change on previous year | 146.74 % change on previous year | 10 |
| 1990s | 12.08 % change on previous year | -40.49 % change on previous year | 87.27 % change on previous year | 8 |
| 2000s | 8.11 % change on previous year | -11.38 % change on previous year | 38.95 % change on previous year | 6 |
| 2010s | 9.38 % change on previous year | -26.15 % change on previous year | 47.64 % change on previous year | 10 |
| 2020s | 31.41 % change on previous year | -48.66 % change on previous year | 96.5 % change on previous year | 5 |
Countries ranked near Gambia
- 22 Sri Lanka 27.58 % change on previous year compare
- 23 Paraguay 26.97 % change on previous year compare
- 24 Malaysia 25.15 % change on previous year compare
- 26 Vietnam 23.46 % change on previous year compare
- 27 Kiribati 23.32 % change on previous year compare
- 28 Uganda 23 % change on previous year compare
More economy & growth data for Gambia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.02 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 8.98 % change on previous year (2024)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Gambia?
- Service exports (bop, current us$), annual growth rate in Gambia was 23.65 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Gambia?
- The highest recorded value was 146.74 % change on previous year in 1987.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Gambia?
- The lowest recorded value was -48.66 % change on previous year in 2020.
- How does Gambia rank for service exports (bop, current us$), annual growth rate?
- Gambia ranks 25th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Gambia?
- Over the last ten years it is up 106.5%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.