Gambia: Financial institutions development
* indicates monthly or quarterly data series
| Gambia |
Financial institutions development |
|---|---|
| Latest value | 0.210 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.184 |
| Min - Max | 0.139 - 0.230 |
| Source | International Monetary Fund |
| Available for | Data download |
The latest value from 2021 is 0.21 index points, an increase from 0.203 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for the Gambia from 1980 to 2021 is 0.184 index points. The minimum value, 0.139 index points, was reached in 2007 while the maximum of 0.23 index points was recorded in 1984.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | Gambia: Financial institutions development |
|---|---|
| 2021 | 0.210 |
| 2020 | 0.203 |
| 2019 | 0.206 |
| 2018 | 0.174 |
| 2017 | 0.140 |
| 2016 | 0.194 |
| 2015 | 0.186 |
| 2014 | 0.202 |
Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
Other resources:
Download data from our database
All indicators for the Gambia
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Financial development | 0.107 | 2021 | index points |
| Financial institutions development | 0.210 | 2021 | index points |
| Financial institutions development, depth | 0.039 | 2021 | index points |
| Financial institutions development, access | 0.125 | 2021 | index points |
| Financial institutions development, efficiency | 0.517 | 2021 | index points |