Goods and Services: Debit for Gambia, The
GMBBMGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.47
Year-over-Year Change
56.47%
Date Range
1/1/2000 - 1/1/2026
Summary
This economic trend measures the value of debit transactions for goods and services in Gambia, a West African country. It provides insights into the level of economic activity and trade flows in the Gambian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Goods and Services: Debit for Gambia, The metric tracks the total value of debit transactions for the purchase of goods and services within Gambia. This data point is a key indicator of domestic demand and consumer spending patterns in the Gambian economy.
Methodology
The data is collected by the Central Bank of Gambia through financial transaction records.
Historical Context
Policymakers and analysts use this trend to assess the health of Gambia's economy and guide economic policy decisions.
Key Facts
- Gambia is a small West African country with a population of over 2.4 million.
- The Gambian economy is heavily dependent on agriculture, tourism, and remittances.
- Debit transactions account for a significant portion of Gambia's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of debit transactions for the purchase of goods and services within Gambia, providing insights into domestic demand and consumer spending.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic activity and trade flows in Gambia, which is important for policymakers and analysts assessing the health of the Gambian economy.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Gambia through financial transaction records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to guide economic policy decisions and assess the overall state of the Gambian economy.
Q: Are there update delays or limitations?
A: The data may be subject to updates and revisions by the Central Bank of Gambia, and there may be occasional delays in data reporting.
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Citation
U.S. Federal Reserve, Goods and Services: Debit for Gambia, The (GMBBMGSBP6GDPPT), retrieved from FRED.