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Nominal GDP 2019: 91.4 billion (GMD)
Real GDP 2019: 61.7 billion (GMD)
GDP per Capita (USD) 2019: 813
GDP Growth (2019): 6.1%
Agriculture Contribution to GDP (2019): 23.7%
Industry Contribution to GDP (2019): 17.1%
Services Contribution to GDP (2019): 59.2%%
Inflation Rate (September 2020): 5.6%
Overall CPI (October 2020) , (Jan 2020=100): 104.29
Food and Non-Alcoholic Beverages Index (October 2020): 104.54
Non-Food Products and Services Index (October 2020): 104.01
Population (Census 2013): 1,857,181
Unemployment rate (Labour Force 2018): 35.2%
Prices, Producer Price Index September 2020 (September 2017=100): 113.03

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

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