Gambia, The Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Gambia, The's current account balance was -4.94% in 2025, ranked 140th globally. This represents a 19.1% decrease from 2024. Data from World Bank, covering 1978–2025.
Overview
Gambia, The's current account balance stood at -4.94% in 2025, a decline of +0.79% from 2024. The IMF projects -4.94% by 2025. Gambia, The ranked 140th globally.
Gambia’s current‑account balance has remained in deficit for the entire 48‑year series, widening from a modest surplus of 12.10 in 1988 to a pronounced shortfall of –37.57 in 1980, the all‑time trough, before stabilising at –4.94 in 2025, placing the country 140th in the World Bank ranking. The 2025 figure represents a modest improvement relative to the early 2000s, when deficits regularly exceeded –10, yet it still lags behind peers such as Mauritius (–4.79) and Uganda (–5.04). The historic peak in 1988 coincided with a brief export boom in groundnuts, while the 1980 trough reflected severe drought and reduced tourism revenues. Recent modest gains stem from modest growth in services and remittances, but the persistent trade deficit and limited diversification keep the balance negative. Continued investment in export‑oriented agriculture and renewable‑energy tourism could shift the trajectory toward a sustainable surplus in the coming decade.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -1.28% | - | - |
| 2029* IMF | -2.40% | - | - |
| 2028* IMF | -3.05% | - | - |
| 2027* IMF | -3.80% | - | - |
| 2026* IMF | -4.59% | - | - |
| 2025* IMF | -4.94% | - | - |
| 2025 | -4.94% | −0.79% | #140 |
| 2024 | -4.15% | +1.49% | #60 |
| 2023 | -5.04% | −0.81% | #54 |
| 2022 | -4.09% | +0.09% | #80 |
| 2021 | -4.31% | +1.47% | #67 |
| 2020 | -4.78% | +1.37% | #65 |
| 2019 | -2.04% | +7.45% | #99 |
| 2018 | -8.08% | −0.71% | #38 |
| 2017 | -6.33% | +2.89% | #52 |
| 2016 | -5.13% | +4.76% | #65 |
| 2015 | -3.90% | +3.44% | #79 |
| 2014 | -6.88% | −0.14% | #51 |
| 2013 | -7.06% | −2.58% | #57 |
| 2012 | -6.56% | +0.88% | #66 |
| 2011 | -7.67% | +2.38% | #58 |
Detected Pattern
Analysis
Gambia, The matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Gambia, The's current account balance was -4.94% in 2025. Ranked 140th globally. This represents a 19.1% decrease from the previous year.
Gambia, The's current account balance peaked at 12.10% in 1988.
The lowest current account balance in Gambia, The was -37.57% in 1980.
Gambia, The ranks 140th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Gambia, The's current account balance is projected to reach -4.94% by 2025 based on IMF projection.
The current account balance of Gambia, The in 2025 was -4.94%. This ranks 140th in the world.
Cite this page
@misc{historysaid_gambia-the_current-account,
title = {Gambia, The Current Account Balance},
url = {https://historysaid.com/gambia-the/current-account/},
publisher = {HistorySaid},
year = {2026}
}