Number of Household Sector Borrowers at All Microfinance Institutions in Gambia
Gambia: Number of Household Sector Borrowers at All Microfinance Institutions was 79.71 in 2024. ◆ Volatile
Number of Household Sector Borrowers at All Microfinance Institutions in Gambia, 2009–2024
Source: International Monetary Fund.
Analysis
Gambia recorded 79.71 for number of household sector borrowers at all microfinance institutions in 2024. That is the highest value across all 8 years on record.
That represents a change of up 19.9% on the previous year and up 9,929.5% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in Gambia peaked at 79.71 in 2024 and was at its lowest, 0.7948, in 2012.
That places Gambia 18th out of 60 countries with data for 2024, putting it in the middle of the range.
Number of Household Sector Borrowers at All Microfinance Institutions in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 3.83 | — |
| 2010 | 1.73 | -54.8% |
| 2011 | 1.61 | -6.7% |
| 2012 | 0.7948 | -50.8% |
| 2018 | 25.85 | +3151.9% |
| 2022 | 54.69 | +111.6% |
| 2023 | 66.5 | +21.6% |
| 2024 | 79.71 | +19.9% |
Gambia compared with similar countries
- Gambia's 79.71 is above the median for low income countries, which is 16.76, 4.8× the median. (12 countries reporting)
- Gambia's 79.71 is above the median for Sub-Saharan Africa, which is 18.51, 4.3× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.83 | 3.83 | 3.83 | 1 |
| 2010s | 7.5 | 0.7948 | 25.85 | 4 |
| 2020s | 66.97 | 54.69 | 79.71 | 3 |
Countries ranked near Gambia
More gender data for Gambia
- Child population (UN estimates and projections) 1,149 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 0.4019 % change on previous year (2030)
- Population 1,981 (2030)
- Working-age population (UN estimates and projections) 1,981 (2030)
- Population (UN estimates and projections), annual growth rate 2.94 % change on previous year (2030)
- Age population, age 00, female, interpolated 39,680 (2025)
- Age population, age 00, male, interpolated 40,675 (2025)
- Age population, age 01, female, interpolated 39,327 (2025)
- Age population, age 01, male, interpolated 40,247 (2025)
- Age population, age 02, female, interpolated 38,827 (2025)
Frequently asked questions
- What is number of household sector borrowers at all microfinance institutions in Gambia?
- Number of household sector borrowers at all microfinance institutions in Gambia was 79.71 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in Gambia?
- The highest recorded value was 79.71 in 2024.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in Gambia?
- The lowest recorded value was 0.7948 in 2012.
- How does Gambia rank for number of household sector borrowers at all microfinance institutions?
- Gambia ranks 18th out of 60 countries with data for 2024.
- Is number of household sector borrowers at all microfinance institutions rising or falling in Gambia?
- Over the last ten years it is up 9,929.5%. The long-run trend across the full record is volatile.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.