The Gambia - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in The Gambia was $67,222,640 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $222,893,300 in 2017 and $8,553,992 in 1990.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $8,553,992
1991 $11,665,100
1992 $11,683,320
1993 $12,995,300
1994 $13,853,830
1995 $15,125,090
1996 $17,600,520
1997 $14,146,410
1998 $17,750,500
1999 $17,848,430
2000 $30,153,660
2001 $20,798,350
2002 $31,109,410
2003 $23,776,210
2004 $78,592,830
2005 $62,819,040
2006 $67,355,880
2007 $64,824,600
2008 $65,830,630
2009 $64,286,410
2010 $55,015,110
2011 $52,758,320
2012 $79,331,210
2013 $35,250,000
2014 $123,270,000
2015 $123,980,000
2016 $116,155,400
2017 $222,893,300
2018 $178,095,200
2019 $111,465,600
2020 $67,222,640

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in The Gambia was 3,462,080,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 10,388,810,000 in 2017 and a minimum value of 67,396,900 in 1990.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 67,396,900
1991 101,872,500
1992 103,931,300
1993 118,444,400
1994 132,744,600
1995 144,358,400
1996 172,435,800
1997 144,296,200
1998 188,920,300
1999 203,384,700
2000 385,593,000
2001 326,267,800
2002 619,631,100
2003 678,347,200
2004 2,360,151,000
2005 1,795,079,000
2006 1,890,390,000
2007 1,612,408,000
2008 1,460,940,000
2009 1,712,873,000
2010 1,541,083,000
2011 1,554,339,000
2012 2,544,715,000
2013 1,267,505,000
2014 5,144,427,000
2015 5,269,919,000
2016 5,037,952,000
2017 10,388,810,000
2018 8,575,604,000
2019 5,580,248,000
2020 3,462,080,000

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in The Gambia was 1,963,839,000 as of 2012. As the graph below shows, over the past 8 years this indicator reached a maximum value of 2,360,100,000 in 2004 and a minimum value of 1,234,950,000 in 2010.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2004 2,360,100,000
2005 1,732,192,000
2006 1,790,237,000
2007 1,464,206,000
2008 1,302,705,000
2009 1,449,392,000
2010 1,234,950,000
2011 1,325,594,000
2012 1,963,839,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts