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Nominal GDP 2021: 104.9 billion (GMD)
Real GDP 2021: 64.8 billion (GMD)
GDP per Capita (USD) 2021: 867
GDP Growth (2021): 4.3%
Agriculture Contribution to GDP (2021): 24.1%
Industry Contribution to GDP (2021): 18.4%
Services Contribution to GDP (2021): 57.5%
Inflation Rate (December 2022): 20.5%
Overall CPI (December 2022) , (January 2020=100): 136.53
Food and Non-Alcoholic Beverages Index (December 2022): 142.41
Non-Food Products and Services Index (December 2022): 126.73
Population (Census 2013): 1,857,181
Unemployment rate (Labour Force 2018): 35.2%

Economy

International Trade Over Recent Years

The Gambia's volume of importation has been hovering around an average of GMD7,628,573,000 between 2005 and 2010 and has since been increasing.

Author: Lamin L. Dibba, Principal Statistician
Published: September 28, 2017 2:51 pm

GDP growth has been inconsistent over the years. What is the explanation?

These fluctuations have been driven by the main sectors of agriculture, industry and services. Agriculture sector has experience a negative growth rate for three years in a row between 2005 and 2007. In 2008, the sector improved and grew at a rate of 26.0% but immediately contracted over the following three years, registering a negative growth rate of -24.2%.

Author: Lamin L. Dibba, Principal Statistician
Published: October 2, 2017 4:37 pm

Consumer Price Index (CPI)

Year-on-year overall index has by 8.4% from June 2016 to June 2017 with a corresponding Food and Non Alcoholic Beverages increased by 9.0%.

Author: Lamin L. Dibba, Principal Statistician
Published: October 2, 2017 4:52 pm

PRESS RELEASE FOR THE REVISED 2020 AND PROVISIONAL 2021 GROSS DOMESTIC PRODUCT

Gambia Records 4.3% Economic Growth in 2021

Author: Sanna Manjang, Director of Coordination, Statistical Mehods, Quality Assurance & Dissemination
Published: May 24, 2022 12:00 am

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