Gambia, The—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #80 of 117Updated May 2026
Latest Value
18.3%
2023
YoY Change
+81.7%
2018 → 2023
Global Rank
#80
of 117 countries
Maximum
18.3%
2023
Minimum
7.6%
2006
CAGR
+5.3%
3 years
Last
18.3%
Previous
10.1%
Highest
18.3%
Lowest
7.6%
Source
World Bank World Development Indicators
Gambia, The's firms using banks to finance investment (%) was 18.3% in 2023, ranking #80 out of 117 countries. This represents a +81.7% change from 2018. Over the past 3 years, the highest recorded value was 18.3% (2023) and the lowest was 7.6% (2006). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 18.3% | +81.7% |
| 2018 | 10.1% | +33.0% |
| 2006 | 7.6% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.