Economy
Economic overview
The Gambia economy relies primarily on agriculture, tourism, and remittances for support. Gradual reforms in fiscal policies have helped to improve stability and growth in the economy. However, despite the global economic challenges, The Gambia Government remains cautiously optimistic that growth will be
Currency: Dalasis (D)
GDP (purchasing power parity)
$6.7 billion (2022 est.)
Real GDP per capita
$2,640 (2022 est.)
Agricultural products:
Industries:
peanuts, fish, hides, tourism, beverages, agricultural machinery assembly, woodworking, metalworking, clothing
- Remittances
26.84% of GDP (2021 est.)
22.98% of GDP (2020 est.)
15.21% of GDP (2019 est.)
- Exports
$135.448 million (2021 est.)
$175.682 million (2020 est.)
$360.208 million (2019 est.)
- Exports – partners
China 38%, India 22%, Mali 7%, Chile 5% (2017)
- Exports – commodities
cashews, lumber, refined petroleum, shellfish, scrap iron, fish, sesame seeds (2021)
- Imports
$726 million (2021 est.)
$691 million (2020 est.)
$641 million (2019 est.)
- Imports – partners
China 33%, India 10%, Senegal 5%, Brazil 5% (2019)
- Imports – commodities
clothing and apparel, refined petroleum, rice, raw sugar, palm oil (2019)