Home → Gambia, The → Trade → Remittances Received

Gambia, The Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Gambia, The's remittances received was $559.8M in 2025, ranked 114th globally. This represents a 5.8% increase from 2024. Data from World Bank, covering 1978–2025.

$559.8M +$30.7M (+5.8%)
Year 2025 Rank #114 Global Peak $559.8M (2025) Source World Bank

Gambia, The Remittances Received (1978–2025)

Overview

Gambia, The's remittances received stood at $559.8M in 2025, a rise of +$30.7M from 2024. Based on recent trends, this figure is projected to reach $559.8M by 2025. Gambia, The ranked 114th globally.

Remittances received by The Gambia have risen dramatically from a modest 345,200.36 in 1978 to an all‑time peak of 559,790,833.36 in 2025, placing the country at 114th globally. After a low of 187,813.10 in 1982, inflows accelerated steadily, reflecting expanding diaspora networks and improved financial channels. The 2025 figure surpasses the comparable receipts of Greece (526,805,400.17) and approaches those of Panama (577,107,872.77), underscoring the growing importance of external transfers for Gambian households and the balance of payments. While the upward trajectory aligns with broader regional trends in West Africa, future growth will depend on the resilience of migrant employment markets, exchange‑rate stability, and policy measures that lower transaction costs. Continued diversification of destination countries and digital remittance platforms could sustain the current expansion, whereas adverse shocks in host economies might temper the pace.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $598.4M - -
2026* trend $579.1M - -
2025* trend $559.8M - -
2025 $559.8M +$30.7M #114
2024 $529.1M +$14.1M #68
2023 $514.9M +$13.1M #69
2022 $501.8M −$45.2M #71
2021 $547.1M +$130.6M #75
2020 $416.4M +$140.6M #70
2019 $275.8M +$63.8M #58
2018 $212.0M +$51.9M #54
2017 $160.2M +$14.5M #52
2016 $145.7M −$8.4M #49
2015 $154.1M +$16.3M #50
2014 $137.8M +$27.9M #46
2013 $109.8M +$3.5M #44
2012 $106.3M +$15.0M #44
2011 $91.4M −$24.3M #43
Show all years (1978-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 17.0% Rate 20.8% Gap +3.8pp Reserves YoY +1.5%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Gambia, The matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Gambia, The's remittances received?▾

Gambia, The's remittances received was $559.8M in 2025. Ranked 114th globally. This represents a 5.8% increase from the previous year.

What was the highest remittances received in Gambia, The?▾

Gambia, The's remittances received peaked at $559.8M in 2025.

What was the lowest remittances received in Gambia, The?▾

The lowest remittances received in Gambia, The was $187,813 in 1982.

How does Gambia, The rank in remittances received?▾

Gambia, The ranks 114th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Gambia, The in 2025?▾

Gambia, The's remittances received is projected to reach $559.8M by 2025 based on trend extrapolation.

What is Gambia, The's remittances received in million?▾

Gambia, The's remittances received was approximately 559.79 million ($559.8M) in 2025.

What is the remittances received of Gambia, The in 2025?▾

The remittances received of Gambia, The in 2025 was $559.8M. This ranks 114th in the world.

Cite this page

APA
Gambia, The Remittances Received. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/gambia-the/remittances/
BibTeX
@misc{historysaid_gambia-the_remittances, title = {Gambia, The Remittances Received}, url = {https://historysaid.com/gambia-the/remittances/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub