Gambia recorded a Current Account surplus of 0.79 USD Million in the fourth quarter of 2019.

Current Account in Gambia averaged -21.07 USD Million from 2001 until 2019, 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 October of 2020.

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 2021, according to our econometric models.

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Gambia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
0.79 -12.36 43.00 -89.11 2001 - 2019 USD Million Quarterly

Gambia Trade Last Previous Highest Lowest Unit
Balance of Trade -2272527.00 -2574149.00 -18264.00 -6674476.00 GMD Thousands [+]
Current Account 0.79 -12.36 43.00 -89.11 USD Million [+]
Current Account to GDP -5.40 -12.20 12.10 -37.57 percent [+]
Imports 2285401.00 2588114.00 6688215.00 18264.00 GMD Thousands [+]
Exports 12874.00 13964.00 362879.00 0.00 GMD Thousands [+]
Terrorism Index 0.00 0.00 0.38 0.00 [+]
Tourist Arrivals 0.00 0.00 34596.00 0.00 Persons [+]
Capital Flows 22.32 22.32 77.73 -53.96 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).