Source
Central bank

Central Bank of The Gambia

International Reserves

US$ 236 million (Source: World Bank; Data updated: 2012)

Gross Domestic Product - GDP

US$ 1 billion (2014 estimate)

GDP (Purchasing Power Parity)

4 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
6.9% 7% -0.9% 1.1% 3.6% 5.7% 6.5% 6.5%
2011 2012 2013 2014*        
-4.3% 5.3% 6.3% 7.4%        

*Estimate

GDP per capita - current prices

US$ 476 (2014 estimate)

GDP per capita - PPP

$2,081 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.0% 0.0% 0.0% 0.0% 0.0%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 19.7% 
  • industry: 12.6% 
  • services: 67.7% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
4.8% 4.6% 5.2% 5.3%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
69.6% 77.3% 77.2% 82.1% 80.0%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-5.4% -4.7% -4.4% -8.2% -4.3%

*Estimate  

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in The Gambia

N/A

 
 
Source
Current account balance

US$ -131 million (2014 estimate)

Current account balance by percentage of GDP

-14.264% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

28.4% (2012)

(Data released on Oct 2014)

Shares in world total merchandising export

0% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0% (2012)

(Data were released in 2014)

Total exports

US$113.2 million (2008 estimate) 

Export commodities

peanut products, fish, cotton lint, palm kernels

Total imports

US$ 360 million (2013 estimate) 

 
 
Source
Import commodities

foodstuffs, manufactures, fuel, machinery and transport equipment

Exports - major partners

China 57.1%, India 18.6%, France 4.6%, UK 4% (2012)

Imports - major partners

China 27.6%, Senegal 8.5%, Brazil 8.1%, UK 6.4%, India 6.1%, Indonesia 4.1% (2012)

FDI inflows
2011 2012 2013
US$ 36 million US$ 25 million US$ 25 million
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 150 out of 189 countries (2013)

Subcategories:

Starting a business: 130 out of 189 countries

Enforcing Contracts: 60 out of 189 countries

Registering Property: 117 out of 189 countries

Getting credit: 165 out of 189 countries

Protecting investors: 178 out of 189 countries

Trading across border: 99 out of 189 countries

Paying Taxes: 184 out of 189 countries

Dealing with Construction Permits: 104 out of 189 countries

Getting Electricity: 120 out of 189 countries

Resolving Insolvency: 108 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

125

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 92 Score: 59.5 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC 0

Total area

11,295 sq km

Capital

Banjul

Currency

dalasis (GMD)

Government type

republic

Languages

English (official), Mandinka, Wolof, Fula, other indigenous vernaculars

Religions

Muslim 90%, Christian 8%, indigenous beliefs 2%

Total population
1990 2000 2010 2014* 2019**
0.891 million 1.297 million 1.728 million 1.927 million 2.208 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
12.1% 28% 48% 58%
Population median age

20.2 years (2014 est.)

Population growth rate

2.23% (2014 est.)

Life expectancy

64.36 years  (2014 est.)

Adult literacy

51.1% (2011 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 6
Civil Liberties: 6 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed  3.5%   Mobile  100.0% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

14.00% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Banjul 199th (2014)

CO2 emissions(Metric tons of CO2 per capita)

0.3 (2010)

World's Best Developed & Emerging Markets Banks

World’s Best Foreign Exchange Providers

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World's Best Banks

2013

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