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Gambia, The
Introduction
Key Economic Facts
The Gambia is the smallest country in the continent of
Africa. It is located in Western Africa completely surrounded
by Senegal and borders the Northern Atlantic Ocean. The
government system is a republic; the chief
of state and head of government is the
president. The Gambia has a mixed
economic system with a heavy reliance on
agriculture, combined with relatively weak
centralized economic planning and government regulation.
The Gambia is a member of the Economic Community of
West African States (ECOWAS).
Income Level (by per capita
GNI):
Level of Development:
GDP, PPP (current international
$):
GDP growth (annual %):
GDP per capita, PPP (current
international $):
External debt stocks, total
(DOD, current US$):
Manufacturing, value added (%
of GDP):
Current account balance (BoP,
current US$):
Inflation, consumer prices
(annual %):
Labor force, total:
Unemployment, total (% of
total labor force) (modeled ILO
estimate):
Imports of goods and services
(current US$):
Exports of goods and services
(current US$):
Location:
Capital City:
Chief of State:
Head of Govt.:
Currency:
Major Languages:
Western Africa
Banjul (GMT)
President Adama Barrow
President Adama Barrow
Dalasi (GMD)
English (official), Mandinka, Wolof,
Fula, other indigenous vernaculars
Primary Religions: Muslim 95.7%, Christian 4.2%, none
0.1%, no answer 0.1%
Calling Code: 220
Voltage: 230
Key Websites
Main Government Page: statehouse.gm
Export Promotion Agency: giepa.gm
Investment Promotion giepa.gm
Agency:
U.S. Embassy
Low Income
Developing
$3.34 billion (2015)
4.72% (2015)
$1,679.68 (2015)
Kairaba Avenue, Fajara
P.M.B. 19
Banjul
The Gambia
Tel: (220) 439-2856
http://banjul.usembassy.gov/
$526,775,000.00 (2015)
5.13% (2015)
$0.06 billion (2012)
6.81% (2015)
854,838 (2016)
29.69% (2016)
$0.31 billion (2015)
$0.20 billion (2015)
GDP Composition %
Agriculture
Industry
21
15
Manufacturing
Services
64
5
*Although Manufacturing is included in the Industry figures, it is also separately
reported because it plays a critical role in economy.
Rankings
Index
Corruption Perceptions Index
Global Competitiveness Index
Global Enabling Trade Index
Index of Economic Freedom
Inward FDI Potential Index
KOF Index of Globalization
Networked Readiness Index (NRI)
Rank
145 / 176
123 / 138
99 / 136
136 / 180
113 / 139
112 / 187
113 / 139
Country Memo Provided by: globalEDGE.msu.edu and EXPORT.GOV