Gambia, The's total reserves, excluding gold (current US$) was US$628.85 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 294.68% from US$159.33 million in 2014 (14.72% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$628.85 million | 2024 |
| Five years earlier | US$256.96 million | 2019 |
| Ten years earlier | US$159.33 million | 2014 |
| Highest | US$652.67 million | 2021 |
| Lowest | US$1.73 million | 1985 |
| Average since 2015 | US$363.12 million | 2015–2024 |
| First recorded | US$5.85 million |
What the numbers say
In 2024, Gambia, The's total reserves, excluding gold (current US$) rose 9% on 2023 (from US$577.03 million to US$628.85 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +10% and a typical year strayed about 32.7% from that (the standard deviation). This year's change was 0.0 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 682.2% in 1986 and the biggest yearly fall was 92.6% in 1979. 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$70.24 million a year. A straight line explains 88% 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 25th highest value of the 32 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
- Congo, Rep. — 22nd of 32: US$758.55 million
- Solomon Islands — 23rd of 32: US$680.59 million
- Gabon — 24th of 32: US$638.79 million
- Vanuatu — 26th of 32: US$614.65 million
- Eswatini — 27th of 32: US$536.57 million
- Central African Republic — 28th of 32: US$489.29 million
What this measures
This series includes external assets (excluding monetary gold) that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 61 values
| Year | Total reserves, excluding gold (current US$) |
|---|---|
| 2024 | 628,849,157 |
| 2023 | 577,028,229 |
| 2022 | 568,244,498 |
| 2021 | 652,670,952 |
| 2020 | 387,046,404 |
| 2019 | 256,957,422 |
| 2018 | 191,773,261 |
| 2017 | 169,969,976 |
| 2016 | 87,635,582 |
| 2015 | 111,040,203 |
| 2014 |
Total reserves, excluding gold (current US$) in nearby economies
- Angola — US$13.54 billion (2025)
- Botswana — US$3.46 billion (2024)
- Burundi — US$88.36 million (2023)
- Cabo Verde — US$1.26 billion (2025)
- Cameroon — US$5.06 billion (2024)
- Central African Republic — US$489.29 million (2024)
- Chad — US$1.55 billion (2024)
- Comoros — US$406.54 million (2025)
- Congo, Dem. Rep. — US$5.1 billion (2023)
- Congo, Rep.
More economic policy & debt data for Gambia, The
- Grants, excluding technical cooperation (BoP, current US$) — 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 total reserves, excluding gold (current US$)?
- US$628.85 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1964?
- It is up 10,650% from US$5.85 million in 1964 (8.11% a year on average, compounded). The highest value was US$652.67 million in 2021 and the lowest US$1.73 million in 1985.
- How does Gambia, The rank?
- 25th highest of 32 economies with data for 2024.
- Is the latest change in total reserves, excluding gold (current US$) unusual for Gambia, The?
- In 2024, Gambia, The's total reserves, excluding gold (current US$) rose 9% on 2023 (from US$577.03 million to US$628.85 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +10% and a typical year strayed about 32.7% from that (the standard deviation). This year's change was 0.0 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 FI.RES.XGLD.CD, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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