Gambia recorded a Current Account deficit of 0.96 USD Million in the fourth quarter of 2020. source: Central Bank of The Gambia

Current Account in Gambia averaged -20.52 USD Million from 2001 until 2020, reaching an all time high of 43 USD Million in the first quarter of 2010 and a record low of -89.11 USD Million in the fourth quarter of 2005. This page provides - Gambia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Current Account - values, historical data and charts - was last updated on September of 2021.

Current Account in Gambia is expected to be -9.40 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Gambia to stand at -8.84 in 12 months time. In the long-term, the Gambia Current Account is projected to trend around -8.77 USD Million in 2022, according to our econometric models.

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Gambia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-0.96 -8.80 43.00 -89.11 2001 - 2020 USD Million Quarterly

Gambia Trade Last Previous Highest Lowest Unit
Balance of Trade -3146306.00 -2838020.00 -18264.00 -6674476.00 GMD Thousands [+]
Current Account -0.96 -8.80 43.00 -89.11 USD Million [+]
Current Account to GDP -8.60 -5.30 12.10 -37.57 percent of GDP [+]
Imports 3167477.00 2873750.00 6688215.00 18264.00 GMD Thousands [+]
Exports 21171.00 35730.00 362879.00 0.00 GMD Thousands [+]
Terrorism Index 0.00 0.00 0.38 0.00 [+]
Tourist Arrivals 7380.00 6006.00 34596.00 0.00 Persons [+]
Capital Flows 17.44 24.13 90.64 -95.60 USD Million [+]

Gambia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).