Gambia, The: Export value index (2015 = 100)

Key figures

What the numbers say

In 2024, Gambia, The's export value index (2015 = 100) fell 19.6 on 2023 (from 251 to 231.4).

Across the 18 yearly changes before that (2006 to 2023), the average change was +13.59 and a typical year strayed about 55.25 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 215.8 in 2023 and the biggest yearly fall was 62.6 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 15% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Gambia, The had the 29th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Gambia, The in the 2024 ranking

• Mozambique — 26th of 204: 241
• Serbia — 27th of 204: 235.5
• Kiribati — 28th of 204: 232.9
• Costa Rica — 30th of 204: 230.2
• Zimbabwe — 31st of 204: 227.3
• Mauritania — 32nd of 204: 226.7

What this measures

Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.

All 20 values

Export value index (2015 = 100) in nearby economies

• Angola — 118.8 (2024)
• Benin — 225.3 (2024)
• Botswana — 73.6 (2024)
• Burkina Faso — 259.4 (2024)
• Burundi — 145.4 (2024)
• Cabo Verde — 112.7 (2024)
• Cameroon — 145.7 (2024)
• Central African Republic — 143.8 (2024)
• Chad — 186.6 (2024)
• Comoros — 175.7 (2024)
• Congo, Dem. Rep. — 346.1 (2024)

More trade data for Gambia, The

• Import volume index (2015 = 100) — 274.5 (2024)
• Import value index (2015 = 100) — 358.5 (2024)
• Net barter terms of trade index (2015 = 100) — 95.3 (2024)
• Export volume index (2015 = 100) — 185.9 (2024)
• Binding coverage, manufactured products (%) — 0% (2022)
• Tariff rate, applied, simple mean, manufactured products (%) — 13.19% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 11.72% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 15.33% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Gambia, The's export value index (2015 = 100)?

231.4 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 3,516% from 6.4 in 2005 (20.78% a year on average, compounded). The highest value was 251 in 2023 and the lowest 6.4 in 2005.

How does Gambia, The rank?

29th highest of 204 economies with data for 2024.

Is the latest change in export value index (2015 = 100) unusual for Gambia, The?

In 2024, Gambia, The's export value index (2015 = 100) fell 19.6 on 2023 (from 251 to 231.4). Across the 18 yearly changes before that (2006 to 2023), the average change was +13.59 and a typical year strayed about 55.25 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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