Short-term debt in Gambia
Gambia: Short-term debt was 9.8% in 2024. ◆ Volatile
Short-term debt in Gambia, 1977–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Gambia is 9.8%, measured in 2024.
The figure is down 38.2% on the previous year and up 14.3% over ten years.
Over the whole period, short-term debt in Gambia peaked at 2,041.7% in 1985 and was at its lowest, 0.4%, in 2011.
That places Gambia 85th out of 112 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Gambia, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1977 | 28.8% | — |
| 1978 | 38.5% | +33.9% |
| 1979 | 1,036.8% | +2593.1% |
| 1980 | 410.6% | -60.4% |
| 1981 | 468.4% | +14.1% |
| 1982 | 234.2% | -50.0% |
| 1983 | 854.2% | +264.8% |
| 1984 | 2,020.3% | +136.5% |
| 1985 | 2,041.7% | +1.1% |
| 1986 | 209.9% | -89.7% |
| 1987 | 90.8% | -56.8% |
| 1988 | 71.4% | -21.3% |
| 1989 | 53.9% | -24.5% |
| 1990 | 28.4% | -47.3% |
| 1991 | 30.3% | +6.8% |
| 1992 | 22.9% | -24.3% |
| 1993 | 40.3% | +75.6% |
| 1994 | 24.1% | -40.2% |
| 1995 | 14.0% | -42.0% |
| 1996 | 22.1% | +58.3% |
| 1997 | 13.8% | -37.7% |
| 1998 | 14.6% | +5.7% |
| 1999 | 19.9% | +36.9% |
| 2000 | 25.0% | +25.4% |
| 2001 | 25.3% | +1.1% |
| 2002 | 35.1% | +38.7% |
| 2003 | 55.2% | +57.6% |
| 2004 | 32.1% | -41.8% |
| 2005 | 22.9% | -28.9% |
| 2006 | 14.8% | -35.2% |
| 2007 | 15.1% | +2.2% |
| 2008 | 13.7% | -9.6% |
| 2009 | 19.4% | +41.6% |
| 2010 | 22.2% | +14.7% |
| 2011 | 0.4% | -98.2% |
| 2012 | 9.5% | +2267.6% |
| 2013 | 6.1% | -35.9% |
| 2014 | 8.6% | +40.1% |
| 2015 | 11.1% | +29.3% |
| 2016 | 20.4% | +84.3% |
| 2017 | 8.5% | -58.3% |
| 2018 | 9.8% | +15.2% |
| 2019 | 10.1% | +3.2% |
| 2020 | 7.5% | -26.2% |
| 2021 | 5.8% | -22.2% |
| 2022 | 7.1% | +22.6% |
| 2023 | 15.8% | +122.3% |
| 2024 | 9.8% | -38.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 368.0% | 28.8% | 1,036.8% | 3 |
| 1980s | 645.5% | 53.9% | 2,041.7% | 10 |
| 1990s | 23.0% | 13.8% | 40.3% | 10 |
| 2000s | 25.9% | 13.7% | 55.2% | 10 |
| 2010s | 10.7% | 0.4% | 22.2% | 10 |
| 2020s | 9.2% | 5.8% | 15.8% | 5 |
Countries ranked near Gambia
- 82 Eswatini 13.0% compare
- 83 Russian Federation 11.3% compare
- 84 Congo, Democratic Republic of the 11.2% compare
- 86 Ethiopia 9.3% compare
- 87 Ecuador 9.1% compare
- 88 Mauritania 8.8% 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)
- Gross capital formation (constant 2015 US$), annual growth rate 8.31 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3259 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 299.49 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 59.54 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4944 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 454.39 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 69.01 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 35.47 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Gambia?
- Short-term debt in Gambia was 9.8% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Gambia?
- The highest recorded value was 2,041.7% in 1985.
- What is the lowest short-term debt recorded in Gambia?
- The lowest recorded value was 0.4% in 2011.
- How does Gambia rank for short-term debt?
- Gambia ranks 85th out of 112 countries with data for 2024.
- Is short-term debt rising or falling in Gambia?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.