Gambia: Small firms with bank credit
* indicates monthly or quarterly data series
| Gambia |
Small firms with bank credit, percent of all small firms |
|---|---|
| Latest value | 9.70 |
| Year | 2018 |
| Measure | percent |
| Data availability | 2006 - 2018 |
| Average | 8.90 |
| Min - Max | 8.10 - 9.70 |
| Source | The World Bank |
The latest value from 2018 is 9.7 percent, an increase from 8.1 percent in 2006. In comparison, the world average is 20.33 percent, based on data from 8 countries. Historically, the average for the Gambia from 2006 to 2018 is 8.9 percent. The minimum value, 8.1 percent, was reached in 2006 while the maximum of 9.7 percent was recorded in 2018.
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Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 9.16 | 2021 | ATMs per 100,000 adults |
| Bank branches per 100,000 people | 7.23 | 2020 | bank branches |
| Firms using credit to finance investment | 10.10 | 2018 | percent |
| Small firms with bank credit | 9.70 | 2018 | percent |
| Percent people with credit cards | 1.75 | 2017 | percent |
| Percent people with debit cards | 3.88 | 2017 | percent |
| Domestic credit to the private sector | 8.07 | 2020 | percent |
| Bank credit to the private sector | 8.74 | 2023 | percent |
| Liquid liabilities, percent of GDP | 56.22 | 2021 | percent |
| Bank assets to GDP | 32.09 | 2021 | percent |
| Financial system deposits, percent of GDP | 45.48 | 2021 | percent |
| Bank credit to government | 21.81 | 2020 | percent |
| Banking system concentration | 70.16 | 2020 | percent |
| Percent people with bank accounts | 28.56 | 2017 | percent |