Gambia Economic Outlook

  • Economic growth is still driven by a recovery in agriculture and by a strong start up to the tourist season.
  • Incoherent macroeconomic policies have caused major disruptions to the Gambian foreign exchange market and created fiscal imbalances, increasing the country’s vulnerability to external shocks.
  • Despite the Gambia’s significant progress in reducing the overall incidence of poverty, inequality and high unemployment, especially among the youth, remain a challenge.


Bureau régional du Sénégal

Groupe de la Banque africaine de développement
Immeuble Coumba, 2eme étage
Route de Ngor, Zone 12
Les Almadies
BP 50544 - CP 18524 RP
Dakar, Sénégal

Tél : +221 338200888/338697544
Fax : +221 338200999

M. Mamadou Lamine Ndongo, Représentant Résident

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

African Development Bank Group
24ème  Etage, Immeuble  CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

Phone: (+225) 20 20 40 46

Key Facts

Capital: Banjul
Area: 11,000 sq km
Total Population 2013: 1.9 Million
Urban Population 2013: 58.41%
Female Population 2013: 50.53%
GDP: US$ 1.0 Billion
GNI Per Capita 2013: US$ 510
Inflation Rate: 5.00%
Crude Birth Rate (per 1000): 42.73%
Human Development Index (rank / 187): 165
Human Development Index (scale 0 to 1): 0.439
Membership Date: 02/07/1973
Cumulative Approvals (1967-2013): UA 249.2 Million

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