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GDP 2017 - (New 2013 base year): 69.4 billion (GMD)
GDP Growth - New Base Year (2017): 4.6%
2013 GDP change in level due to rebasing: 51%
Agriculture Contribution to GDP (2017): 25%
Industry Contribution to GDP (2017): 14%
Services Contribution to GDP (2017): 61%
Inflation Rate (January 2019): 6.1%
Overall CPI (January 2019) , (Base: August 2004=100): 211.75
Food and Non-Alcoholic Beverages Index (January 2019): 240.11
Non-Food Products and Services Index (January 2019): 175.16
Population (Census 2013): 1,857,181
Unemployment rate (Labour Force 2018): 35.2%
Prices, Producer Price Index, Base Year 2017 (December 2018): 107.2

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

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