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Changes in net reserves in current prices

(US dollars)

In 2017, changes in net reserves in Gambia was 74.1 million US dollars. In the ranking by changes in net reserves including 154 countries, Gambia has the 102nd rank that is close to the positions of such countries as Liberia and the Uganda. Compared to Germany which at the top of the ranking with changes in net reserves of -1,484 million US dollars in 2017, Gambia has 104.99 % percent lower changes in net reserves.

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What is changes in net reserves?

Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.