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.


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


Did you know

AfDB has contributed to a six-fold increase in crop production in project areas of the Gambia

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Key Facts

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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