Bank Deposits Statistics in Gambia (2026)
As of 2024, outstanding bank deposits in the Gambia was 38.3% of GDP, per IMF Financial Access Survey data. Down from 40% of GDP in 2023 to 38.3% of GDP in 2024 (−1.7 percentage points). Gambia ranks #11 of 40 economies in Sub-Saharan Africa on this measure, and #121 of 172 globally.
Key Statistics
- Latest value (2024)
- 38.3% of GDP (2024)
- Bank Deposits in the Gambia as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- −1.7 pp (2024)
- Down from 40% of GDP in 2023 to 38.3% of GDP in 2024 (−1.7 percentage points).
- Earliest value in this dataset (2004)
- 13.9% of GDP (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 13.9% of GDP in 2004 to 38.3% of GDP in 2024.
- Peak value (2021)
- 48.4% of GDP (2021)
- Highest value in the available series; the 2024 value is 38.3% of GDP.
- Rank in Sub-Saharan Africa
- #11 of 40 (2024)
- The Gambia ranks 11 of 40 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #121 of 172 (2024)
- The Gambia ranks 121 of 172 countries with data globally.
- Sub-Saharan Africa average
- 39.2% of GDP (2024)
- The Gambia (38.3% of GDP) is below the average of 39.2% of GDP across the 40 countries in Sub-Saharan Africa with data.
- Internet use in the Gambia (2024)
- 49.5% (2024)
- 49.5% of the population in the Gambia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 2.8 million (2024)
- The Gambia had a population of 2.8 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 38.3% | −1.7 pp |
| 2023 | 40% | −4.6 pp |
| 2022 | 44.6% | −3.7 pp |
| 2021 | 48.4% | +3.1 pp |
| 2020 | 45.2% | +6.7 pp |
| 2019 | 38.6% | +4.8 pp |
| 2018 | 33.8% | +1.8 pp |
| 2017 | 32% | +3.2 pp |
| 2016 | 28.8% | +0.6 pp |
| 2015 | 28.2% | −4.6 pp |
| 2014 | 32.9% | +2.1 pp |
| 2013 | 30.7% | +1.7 pp |
| 2012 | 29.1% | −0.7 pp |
| 2011 | 29.8% | +3.8 pp |
| 2010 | 26% | +0.9 pp |
| 2009 | 25% | +2.0 pp |
| 2008 | 23% | +2.3 pp |
| 2007 | 20.7% | +1.0 pp |
| 2006 | 19.7% | +3.6 pp |
| 2005 | 16.1% | +2.2 pp |
| 2004 | 13.9% | — |
Frequently asked questions
What is the latest figure for outstanding bank deposits in the Gambia?
Outstanding bank deposits in the Gambia stood at 38.3% of GDP in 2024, according to IMF Financial Access Survey data.
Where does the Gambia rank globally on bank deposits?
The Gambia ranks 121 of 172 countries with data globally, based on the latest IMF Financial Access Survey value for each country.
When did bank deposits in the Gambia peak?
The highest value in the available series was 48.4% of GDP in 2021; the latest (2024) value is 38.3% of GDP.
Source & methodology
Source: IMF Financial Access Survey, indicator
OUTD_COMBANK.POGDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .