Gambia, The's net financial flows, IMF nonconcessional (NFL, current US$) was US$27.86 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 968.31% from −US$3.21 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$27.86 million | 2024 |
| Five years earlier | −US$6.32 million | 2019 |
| Ten years earlier | −US$3.21 million | 2014 |
| Highest | US$44.54 million | 2021 |
| Lowest | −US$11.2 million | 2004 |
| Average since 2015 | US$12.16 million | 2015–2024 |
| First recorded | −US$173,712 |
What the numbers say
In 2024, Gambia, The's net financial flows, IMF nonconcessional (NFL, current US$) rose US$26.58 million on 2023 (from US$1.28 million to US$27.86 million).
Across the 30 yearly changes before that (1992 to 2023), the average change was +US$697,860 and a typical year strayed about US$11.6 million from that (the standard deviation). This year's change was 2.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$28.5 million in 2020 and the biggest yearly fall was US$30.21 million in 2023. 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 the straight-line trend is upward, about US$3.34 million a year. A straight line explains 30% of the movement over 10 observed years.
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 74 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.
| Value | Year | |
|---|---|---|
| Gambia, The | US$27.86 million | 2024 |
| Low income | US$2.13 billion | 2024 |
Closest to Gambia, The in the 2024 ranking
- Burkina Faso — 26th of 74: US$42.31 million
- Cameroon — 27th of 74: US$34.81 million
- Nepal — 28th of 74: US$32.22 million
- Guinea — 30th of 74: US$21.23 million
- Somalia, Fed. Rep. — 31st of 74: US$19.91 million
- Cabo Verde — 32nd of 74: US$18.94 million
What this measures
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IMF is the International Monetary Fund, which provides nonconcessional lending through the credit it provides to its members, mainly to meet balance of payments needs. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 51 values
| Year | Net financial flows, IMF nonconcessional (NFL, current US$) |
|---|---|
| 2024 | 27,855,008 |
| 2023 | 1,276,685 |
| 2022 | 31,486,418 |
| 2021 | 44,543,322 |
| 2020 | 22,176,236 |
| 2019 | -6,322,583 |
| 2018 | -7,832,063 |
| 2017 | 8,902,861 |
| 2016 | -5,943,890 |
| 2015 | 5,499,959 |
Net financial flows, IMF nonconcessional (NFL, current US$) in nearby economies
- Angola — −US$237.41 million (2024)
- Benin — US$66.18 million (2024)
- Burkina Faso — US$42.31 million (2024)
- Burundi — US$0 (2022)
- Cabo Verde — US$18.94 million (2024)
- Cameroon — US$34.81 million (2024)
- Central African Republic — −US$9.54 million (2024)
- Chad — US$0 (2022)
- Comoros — US$2.57 million (2024)
More economic policy & debt data for Gambia, The
- Grants, excluding technical cooperation (BoP, current US$) — US$285.75 million (2023)
- Net bilateral aid flows from DAC donors, United Kingdom (current US$) — US$15.6 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$129.96 million (2023)
- Net official development assistance and official aid received (current US$) — US$343.86 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$343.86 million (2023)
- Net official development assistance received (current US$) — US$343.86 million (2023)
- Net official development assistance received (constant 2023 US$) — US$343.86 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Gambia, The's net financial flows, IMF nonconcessional (NFL, current US$)?
- US$27.86 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1972?
- It is up 16,135% from −US$173,712 in 1972. The highest value was US$44.54 million in 2021 and the lowest −US$11.2 million in 2004.
- How does Gambia, The rank?
- 29th highest of 74 economies with data for 2024.
- Is the latest change in net financial flows, IMF nonconcessional (NFL, current US$) unusual for Gambia, The?
- In 2024, Gambia, The's net financial flows, IMF nonconcessional (NFL, current US$) rose US$26.58 million on 2023 (from US$1.28 million to US$27.86 million). Across the 30 yearly changes before that (1992 to 2023), the average change was +US$697,860 and a typical year strayed about US$11.6 million from that (the standard deviation). This year's change was 2.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.NFL.IMFN.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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