The Gambia - External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in The Gambia was -27,796,000,000 as of 2020. As the graph below shows, over the past 54 years this indicator reached a maximum value of 2,278,200 in 1975 and a minimum value of -27,796,000,000 in 2020.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

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

Year Value
1966 -5,847,600
1967 -5,714,800
1968 -9,435,000
1969 -10,067,600
1970 -3,396,300
1971 -5,512,100
1972 -8,267,500
1973 -9,316,400
1974 -7,772,900
1975 2,278,200
1976 -13,229,200
1977 -34,140,000
1978 -93,925,000
1979 -110,668,500
1980 -86,557,500
1981 -99,250,100
1982 -75,700,100
1983 -67,550,000
1984 -86,850,000
1985 -88,350,000
1986 -121,799,900
1987 -154,032,500
1988 -144,682,500
1989 -220,150,000
1990 -291,800,000
1991 -315,000,000
1992 -397,600,000
1993 -567,462,400
1994 -531,937,600
1995 -879,622,500
1996 -611,396,600
1997 -201,084,800
1998 -291,532,900
1999 -335,943,300
2000 -476,800,000
2001 -354,526,200
2002 -613,656,800
2003 -926,996,800
2004 -2,526,000,000
2005 -2,999,000,000
2006 -2,457,000,000
2007 -2,619,000,000
2008 -3,514,000,000
2009 -3,974,000,000
2010 -5,048,000,000
2011 -3,705,000,000
2012 -3,639,000,000
2013 -3,711,546,000
2014 -7,482,988,000
2015 -8,051,872,000
2016 -9,142,328,000
2017 -13,846,170,000
2018 -15,812,630,000
2019 -14,152,000,000
2020 -27,796,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts