External borrowing, net in Gambia
Gambia: External borrowing, net was 857.00 million current LCU in 2011. ◆ Volatile
External borrowing, net in Gambia, 1983–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for external borrowing, net in Gambia is 857.00 million current LCU, measured in 2011.
That represents a change of down 18.6% on the previous year and up 3,731.4% over ten years.
Over the whole period, external borrowing, net in Gambia peaked at 1.05 billion current LCU in 2010 and was at its lowest, -45.60 million current LCU, in 2000.
That places Gambia 34th out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Gambia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1983 | 26.20 million current LCU | — |
| 1984 | 29.60 million current LCU | +13.0% |
| 1985 | 22.55 million current LCU | -23.8% |
| 1986 | 124.25 million current LCU | +451.0% |
| 1987 | 157.60 million current LCU | +26.8% |
| 1988 | 44.15 million current LCU | -72.0% |
| 1989 | 65.45 million current LCU | +48.2% |
| 1990 | 103.75 million current LCU | +58.5% |
| 1991 | 127.30 million current LCU | +22.7% |
| 1992 | 126.90 million current LCU | -0.3% |
| 1993 | 68.40 million current LCU | -46.1% |
| 1994 | 25.80 million current LCU | -62.3% |
| 1995 | 107.50 million current LCU | +316.7% |
| 1996 | 252.75 million current LCU | +135.1% |
| 1997 | 171.90 million current LCU | -32.0% |
| 1998 | 54.50 million current LCU | -68.3% |
| 1999 | 30.00 million current LCU | -45.0% |
| 2000 | -45.60 million current LCU | -252.0% |
| 2001 | -23.60 million current LCU | -48.2% |
| 2002 | 147.90 million current LCU | -726.7% |
| 2003 | 59.70 million current LCU | -59.6% |
| 2004 | 690.31 million current LCU | +1056.3% |
| 2005 | 727.70 million current LCU | +5.4% |
| 2006 | 876.00 million current LCU | +20.4% |
| 2007 | 158.00 million current LCU | -82.0% |
| 2008 | 627.00 million current LCU | +296.8% |
| 2009 | 903.00 million current LCU | +44.0% |
| 2010 | 1.05 billion current LCU | +16.6% |
| 2011 | 857.00 million current LCU | -18.6% |
Gambia compared with similar countries
- Gambia's 857.00 million current LCU is below the median for low income countries, which is 21.58 billion current LCU, 4% of the median. (18 countries reporting)
- Gambia's 857.00 million current LCU is below the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 9% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net 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 |
|---|---|---|---|
| 2004 | +1056.3% | 59.70 million current LCU | 690.31 million current LCU |
| 2002 | +726.7% | -23.60 million current LCU | 147.90 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 67.11 million current LCU | 22.55 million current LCU | 157.60 million current LCU | 7 |
| 1990s | 106.88 million current LCU | 25.80 million current LCU | 252.75 million current LCU | 10 |
| 2000s | 412.04 million current LCU | -45.60 million current LCU | 903.00 million current LCU | 10 |
| 2010s | 955.00 million current LCU | 857.00 million current LCU | 1.05 billion current LCU | 2 |
Countries ranked near Gambia
More science & technology data for Gambia
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 126.24 (2024)
- Mobile cellular subscriptions by country, per capita 1.26 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0014 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 3.48 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 312.21 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 7.79 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 10.28 % change on previous year (2024)
- Scientific and technical journal articles 79.8 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Gambia?
- External borrowing, net in Gambia was 857.00 million current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Gambia?
- The highest recorded value was 1.05 billion current LCU in 2010.
- What is the lowest external borrowing, net recorded in Gambia?
- The lowest recorded value was -45.60 million current LCU in 2000.
- How does Gambia rank for external borrowing, net?
- Gambia ranks 34th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Gambia?
- Over the last ten years it is up 3,731.4%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.