Remittance Outflows Statistics in Gambia (2026)
As of 2024, personal remittances paid in the Gambia was $9.8 million, per World Bank World Development Indicators data. Down from $34.9 million in 2023 to $9.8 million in 2024. Gambia ranks #37 of 42 economies in Sub-Saharan Africa on this measure, and #172 of 181 globally.
Key Statistics
- Latest value (2024)
- $9.8 million (2024)
- Remittance Outflows in the Gambia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −72% (2024)
- Down from $34.9 million in 2023 to $9.8 million in 2024.
- CAGR 2003–2024
- +14.9% per year (2024)
- Compound annual growth rate from $526,103.5 in 2003 to $9.8 million in 2024.
- Earliest value in this dataset (2003)
- $526,103.5 (2003)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $526,103.5 in 2003 to $9.8 million in 2024.
- Peak value (2011)
- $91.4 million (2011)
- Highest value in the available series; the 2024 value is $9.8 million.
- Rank in Sub-Saharan Africa
- #37 of 42 (2024)
- The Gambia ranks 37 of 42 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #172 of 181 (2024)
- The Gambia ranks 172 of 181 countries with data globally.
- Sub-Saharan Africa average
- $271 million (2024)
- The Gambia ($9.8 million) is below the average of $271 million across the 42 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- $8.2 million (2026)
- Projection based on 7-year trend (CAGR -8.5%); not an official figure.
- International migrant stock (% of population) (2024)
- 8.6% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in the Gambia (2024)
- 49.5% (2024)
- 49.5% of the population in the Gambia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 2.8 million (2024)
- The Gambia had a population of 2.8 million in 2024 (World Bank); shown for scale only.
Trend, 2003–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 9.8M | −72.0% |
| 2023 | 34.9M | +65.0% |
| 2022 | 21.1M | −21.2% |
| 2021 | 26.8M | +46.6% |
| 2020 | 18.3M | −3.3% |
| 2019 | 18.9M | −0.4% |
| 2018 | 19M | +4.6% |
| 2017 | 18.2M | +2.1% |
| 2016 | 17.8M | −13.1% |
| 2015 | 20.5M | −18.9% |
| 2014 | 25.2M | −63.7% |
| 2013 | 69.6M | +5.2% |
| 2012 | 66.1M | −27.6% |
| 2011 | 91.4M | +57.2% |
| 2010 | 58.1M | +590.9% |
| 2009 | 8.4M | +164.1% |
| 2008 | 3.2M | −78.2% |
| 2007 | 14.6M | +1446.5% |
| 2006 | 946,706 | +27.4% |
| 2005 | 742,946 | +42.3% |
| 2004 | 522,143 | −0.8% |
| 2003 | 526,103 | — |
Frequently asked questions
What is the latest figure for personal remittances paid in the Gambia?
Personal remittances paid in the Gambia stood at $9.8 million in 2024, according to World Bank World Development Indicators data.
How does the Gambia compare with other countries in Sub-Saharan Africa?
The Gambia ranks 37 of 42 countries in Sub-Saharan Africa with data, with $9.8 million versus a regional average of $271 million (latest values per country).
Where does the Gambia rank globally on remittance outflows?
The Gambia ranks 172 of 181 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
What could remittance outflows in the Gambia look like in 2026?
A trend-based projection puts it at $8.2 million in 2026. Projection based on 7-year trend (CAGR -8.5%); not an official figure.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BM.TRF.PWKR.CD.DT, 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 .