Gambia: Financial freedom

* indicates monthly or quarterly data series
 Gambia

Financial freedom index (0-100)

 Latest value 50
 Year 2024
 Measure points
 Data availability 1997 - 2024
 Average 48
 Min - Max 30 - 60
 Source The Heritage Foundation
The latest value from 2024 is 50 points, unchanged from 50 points in 2023. In comparison, the world average is 49 points, based on data from 175 countries. Historically, the average for the Gambia from 1997 to 2024 is 48 points. The minimum value, 30 points, was reached in 1997 while the maximum of 60 points was recorded in 2007. 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 data
Gambia - Financial freedom - Recent values chart

Historical series
Gambia - Financial freedom - historical chart - 1997-2024




The Financial Freedom index for the Gambia from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Property rights 55 2024 points
 Freedom from corruption 36 2024 points
 Fiscal freedom 63 2024 points
 Business freedom 49 2024 points
 Labor freedom 48 2024 points
 Monetary freedom 60.00 2024 points
 Trade freedom 64 2024 points
 Investment freedom 65 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 58 2024 index points
This site uses cookies.
Learn more here


OK