The Gambia - Balance of payments

The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of The Gambia's exports was $139.2 million while imports totaled $200.3 million resulting in a trade deficit of $61.1 million.

The International Monetary Fund (IMF) reports that in 1997 The Gambia had exports of goods totaling $120 million and imports totaling $207 million. The services credit totaled $109 million and debit $75 million. The following table summarizes The Gambia's balance of payments as reported by the IMF for 1997 in millions of US dollars.

The Gambia

Current Account -24
Balance on goods -87
Balance on services 35
Balance on income -8
Current transfers 37
Capital Account 6
Financial Account 39
Direct investment abroad
Direct investment in The Gambia 12
Portfolio investment assets
Portfolio investment liabilities
Other investment assets 10
Other investment liabilities 17
Net Errors and Omissions -14
Reserves and Related Items -7
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