Gambia Current Account to GDP  1978-2018 | Data | Chart | Calendar

Gambia recorded a Current Account deficit of 11.40 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Gambia averaged -6.61 percent from 1978 until 2016, reaching an all time high of 12.10 percent in 1988 and a record low of -37.57 percent in 1980.

Gambia Current Account to GDP
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Gambia Trade Last Previous Highest Lowest Unit
Balance of Trade -2344.80 -2046.00 -378.77 -3762.70 million GMD [+]
Exports 960.10 803.60 1452.73 42.59 million GMD [+]
Imports 3304.90 2849.50 4659.50 1520.40 million GMD [+]
Current Account -1631.53 -529.34 1152.42 -2603.20 Dalasi Million [+]
Current Account to GDP -11.40 -10.60 12.10 -37.57 percent [+]
Terrorism Index 0.00 0.00 0.38 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Gambia Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Gambia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-11.40 -10.60 12.10 -37.57 1978 - 2016 percent Yearly

current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.50 Dec/16
Germany 7.80 Dec/17
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.50 Dec/17
Italy 2.70 Dec/16
Spain 1.90 Dec/16
Russia 1.80 Dec/16
China 1.40 Dec/17
Brazil -0.48 Dec/17
India -0.70 Dec/16
France -0.90 Dec/16
Indonesia -1.70 Dec/17
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16