Population: 1.85 million in 20131
GDP: $914 million in 20132
GDP per capita: $489 nominal3 ($1,666 PPP4) in 2013
GDP growth rate: 4.8% in 20135
GDP by Industry 20126
| Industry sector | Value added ($ millions) 2012 | Percent of total |
| Wholesale, retail trade, restaurants and hotels | 247 | 29.0% |
| Agriculture, hunting, forestry, fishing | 194 | 22.8% |
| Other activities | 167 | 19.6% |
| Transport, storage and communication | 118 | 13.8% |
| Manufacturing | 50 | 5.8% |
| Construction | 38 | 4.5% |
| Mining and utilities | 38 | 4.5% |
| Total value added | 853 | 100% |
Unemployment rate: 7.0% in 20137
Employment by Industry 19968
| Employment sector | Percent of total |
| Agriculture | 75% |
| Industry | 19% |
| Services | 6% |
| Total | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $1 billion (109% of GDP) in 201410
Household Wealth per Adult: $823 in 201410
Gini Coefficient: .473 in 201311
Central Government
Central Government Revenue: $230 million (25% of GDP) in 201312
Central Government Expenditure: $265 million (29% of GDP) in 201312
Central Government Budget Balance: -$35 million (-4% of GDP) in 201312
Central Government Public Debt: $731 million (80% of GDP) in Dec 2013* 13
Central Government 10 Year Bond Interest Rate: N/A
* Public debt calculated using the exchange rate 43.1 GMD = 1 USD
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 2013* 14
Corporate Tax Rate: 32% in 201315
* Individiaul tax thresholds calculated using the exchange rate 43.1 GMD = 1 USD
Money Supply (M1): $218 million (24% of GDP) in 2013* 16
Benchmark Interest Rate: 22.0% in Nov 201417
Total Reserves: $210 million (23% of GDP) in 201318
Exchange Rate: 43.1 Gambian Dalasi = 1 U.S. Dollar on Feb 24, 201519
Inflation: 5.7% in 201320
* Money supply calculated using the exchange rate 43.1 GMD = 1 USD
Top 10 Financial Institutions by Assets 201321
N/A (data not available at Relbanks.com)
Exports: $113 million (12% of GDP) in 201322
Imports: $360 million (39% of GDP) in 201322
Trade Balance: -$247 million (-27% of GDP) in 201322
Foreign Direct Investment Inflow: $25 million (3% of GDP) in 201323
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $139 million (15% of GDP) in 201224
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Central Bank of the Gambia, Publications, Annual Reports (Public debt) Go back
14. Source: PKF Tax Guide (Individual tax rates) Go back
15. Source: PKF Tax Guide (Corporate tax rate) Go back
16. Source: World Bank Indicators (Money supply) Go back
17. Source: Central Bank of the Gambia, Research & Statistics, Monetary Policy, Press Release (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: xe.com (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back