Gambia

Gambia Economic Outlook

  • The Gambia’s economic performance has been reasonable over the last few years, but it suffered in 2011 as a result of an agricultural harvest failure. Recovery started in 2012 and real GDP growth accelerated from -4.4% in 2011 to 1.0% in 2012. Economic growth is expected to rebound in 2013 and 2014 due to a recovery in agriculture and strong performance in the tourism sector. Growth will also depend on the efficacy of reforms and the response to the shock.
  • In 2012, the Gambia implemented its new poverty reduction strategy, the Program for Accelerated Growth and Employment (PAGE) 2012-2015. This program succeeds the Poverty Reduction Strategy II (PRSP) 2007-2012. The PAGE aims at improving employment and accelerating pro-poor growth.

Project Portfolio

Contacts

Senegal field office

Groupe de la Banque africaine de développement
Bureau Régional du Sénégal (SNFO)
Immeuble Coumba
Route de Ngor
Zone 12, Quartier des Almadies,
Dakar, Sénégal.
BP 50544 - CP 18524
RP Dakar, Senegal

Tel: (+221) 33.820.08.88 / (+221) 33.869.75.44 Ext. 6530-6599
Fax: (+221) 33.820.09.99

Contact
Mme. Leila Mokadem, Représentant Résident

Mr. F.J.M. Perrault
African Development Bank Group
Temporary Relocation Agency (TRA)
P.O.Box 323-1002, Tunis-Belvédère, Tunisia
Tel: (216) 71 10 24 00/71 10 21 58
Fax: (216) 71 10 37 46

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Key Facts

Flag:
Capital: Banjul
Area: 11,000 sq km
Total Population 2012: 1.8 Million
Urban Population 2012: 59.69%
Female Population 2012: 50.64%
GDP: US$ 932.0 Million
GNI Per Capita 2012: US$ 610
Inflation Rate: 4.20%
Crude Birth Rate (per 1000): 37.13%
Human Development Index (rank / 187): 165
Human Development Index (scale 0 to 1): 0.439
Membership Date: 02/07/1973
Cumulative Approvals (1967-2012): UA 248.6 Million

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