Current Account Balance: Gambia, The
Gambia, The's current account balance is currently -4.6 % of GDP as of 2026. # Gambia, The Current Account Balance Gambia's current account balance stands at -4.
Current (2026)
-4.6 % of GDP
+6.1% y/y
Peak (1988)
1.6 % of GDP
Low (1980)
-19.4 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Gambia, The
1980 — 2026
Current Account Balance — Gambia, The
Analysis# Gambia, The Current Account Balance
Gambia's current account balance stands at -4.6% of GDP in 2026, reflecting persistent external imbalances despite modest recent improvements. The deficit remains far from the country's all-time peak of 1.6% in 1988, yet substantially better than the severe -19.4% low recorded in 1980. Since 1980, the metric has improved by 76.3 percentage points, indicating a significant long-term correction from historically critical levels.
The most dramatic deterioration occurred between 2017 and 2018, when the deficit widened from -7.4% to -9.5% of GDP. Recovery began in 2019 and accelerated through 2021-2022, stabilizing near -4.2%. Recent volatility—spiking to -6.7% in 2024 before recovering to -4.6%—suggests ongoing sensitivity to external shocks. The projected deficit trajectory indicates Gambia continues managing external imbalances within manageable parameters, though structural vulnerabilities persist.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -1.3 % of GDP | +45.83% |
| 2029 | -2.4 % of GDP | +20.00% |
| 2028 | -3 % of GDP | +21.05% |
| 2027 | -3.8 % of GDP | +17.39% |
| 2026 | -4.6 % of GDP | +6.12% |
| 2025 | -4.9 % of GDP | +26.87% |
| 2024 | -6.7 % of GDP | -19.64% |
| 2023 | -5.6 % of GDP | -33.33% |
| 2022 | -4.2 % of GDP | +0.00% |
| 2021 | -4.2 % of GDP | +27.59% |
| 2020 | -5.8 % of GDP | +4.92% |
| 2019 | -6.1 % of GDP | +35.79% |
| 2018 | -9.5 % of GDP | -28.38% |
| 2017 | -7.4 % of GDP | +19.57% |
| 2016 | -9.2 % of GDP | +7.07% |
| 2015 | -9.9 % of GDP | -35.62% |
| 2014 | -7.3 % of GDP | -8.96% |
| 2013 | -6.7 % of GDP | -48.89% |
| 2012 | -4.5 % of GDP | +39.19% |
| 2011 | -7.4 % of GDP | +26.00% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -10 % of GDP | -28.21% |
| 2009 | -7.8 % of GDP | -2.63% |
| 2008 | -7.6 % of GDP | -46.15% |
| 2007 | -5.2 % of GDP | -20.93% |
| 2006 | -4.3 % of GDP | +31.75% |
| 2005 | -6.3 % of GDP | -133.33% |
| 2004 | -2.7 % of GDP | +41.30% |
| 2003 | -4.6 % of GDP | -24.32% |
| 2002 | -3.7 % of GDP | -12.12% |
| 2001 | -3.3 % of GDP | +2.94% |
| 2000 | -3.4 % of GDP | -183.33% |
| 1999 | -1.2 % of GDP | -20.00% |
| 1998 | -1 % of GDP | -100.00% |
| 1997 | -0.5 % of GDP | +90.91% |
| 1996 | -5.5 % of GDP | -223.53% |
| 1995 | -1.7 % of GDP | -54.55% |
| 1994 | -1.1 % of GDP | +42.11% |
| 1993 | -1.9 % of GDP | — |
| 1992 | 0 % of GDP | +100.00% |
| 1991 | -0.1 % of GDP | +90.91% |
| 1990 | -1.1 % of GDP | -237.50% |
| 1989 | 0.8 % of GDP | -50.00% |
| 1988 | 1.6 % of GDP | +300.00% |
| 1987 | -0.8 % of GDP | -100.00% |
| 1986 | -0.4 % of GDP | +69.23% |
| 1985 | -1.3 % of GDP | +61.76% |
| 1984 | -3.4 % of GDP | -466.67% |
| 1983 | -0.6 % of GDP | +50.00% |
| 1982 | -1.2 % of GDP | +80.00% |
| 1981 | -6 % of GDP | +69.07% |
| 1980 | -19.4 % of GDP | — |
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