Broad Money (Local Currency) rose 37.80278749542% to GMD 26.9 bil in Gambia in 2017

Broad Money (Local Currency) (GMD bil)
Economy | Gambia | February 1, 2019
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Broad money reached 26.9 GMD bil in 2017 in Gambia, according to the National Statistical Office. This is 37.8 % more than in the previous year.

Historically, broad money in Gambia reached an all time high of 26.9 GMD bil in 2017 and an all time low of 0.012 GMD bil in 1964. When compared to Gambia's main peers, broad money in Guinea Bissau amounted to 344 GMT bil, 2,386 XOF bil in Mali and 4,608 XOF bil in Senegal in 2017.

Gambia has been ranked 106th within the group of 122 countries we follow in terms of broad money, 28 places above the position seen 10 years ago.

Broad money is the sum of currency outside banks, demand deposits other than those of the central government, the time, savings, and foreign currency deposits of resident sectors other than the central government, bank and traveller.

Broad Money (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria DZD bil 9,929 11,015 11,942 13,664 13,705
Burkina Faso XOF bil 1,466 1,694 1,878 2,085 2,490
Gambia GMD bil 14.5 15.6 17.9 19.5 ... ...
Guinea GNF bil 12,269 11,607 13,235 14,864 17,784 ...
Guinea Bissau GMT bil 163 154 162 241 306
Mali XOF bil 1,425 1,646 1,781 1,884 2,079
Mauritania MRO bil 376 43.8 53.6 54.4 54.2 ...
Morocco MAD bil 949 992 1,023 1,086 1,148
Niger XOF bil 590 777 852 1,065 1,113
Senegal XOF bil 2,433 2,583 2,795 3,109 3,708