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 economyHowever, 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:

Groundnuts, milk, oil palm fruit, millet, sorghum, rice, maize, vegetables, cassava, fruit…

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)

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