Gambia: Financial institutions development, efficiency

* indicates monthly or quarterly data series
 Gambia

Financial institutions development, efficiency

 Latest value 0.517
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.516
 Min - Max 0.275 - 0.683
 Source International Monetary Fund
 Available for Data download
The latest value from 2021 is 0.517 index points, an increase from 0.494 index points in 2020. In comparison, the world average is 0.585 index points, based on data from 178 countries. Historically, the average for the Gambia from 1980 to 2021 is 0.516 index points. The minimum value, 0.275 index points, was reached in 2017 while the maximum of 0.683 index points was recorded in 1981. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Gambia: Financial institutions development, efficiency
 2021 0.517
 2020 0.494
 2019 0.512
 2018 0.387
 2017 0.275
 2016 0.468
 2015 0.433
 2014 0.480




Definition: Measures the efficiency of financial institutions. Constructed using the Principal Component methodology using the following variables: Net interest margin, Lending-deposits spread, Non-interest income to total income, Overhead costs to total assets, Return on assets, and Return on equity. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 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
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