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Gambia

Gambia Economic Outlook

In 2014, the economy experienced exogenous shocks caused by erratic rainfall and spillover effects of the regional Ebola crisis, causing GDP growth to fall from 5.6% to –0.2%. Growth rebounded to 4.4% in 2015 but declined to 2.2% in 2016 due to policy slippages, electoral uncertainty, an unusually short rainy season, and a three-month border blockade by Senegalese transporters. GDP growth rebounded to an estimated 5.1% in 2017, driven primarily by agriculture and services, and is projected to stabilize around 4% over the medium-term, depending on the new administration’s ability to conduct a robust transition, attract investors, and lay the foundations for economic transformation.

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Key Facts

Flag:
Capital: Banjul
Area: 11,000 sq km
Total Population 2017: 2.1 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 915.0 Million
GNI Per Capita 2015: US$ 480
Inflation Rate: 8.00%
Crude Birth Rate (per 1000): 40.70%
Human Development Index (rank / 188): 173
Human Development Index (scale 0 to 1): 0.452
Membership Date: 02/07/1973
Cumulative Approvals (1967-2016): UA 263.5 Million

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Contacts

Senegal Country Office

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

Mr Serge N'guessan, Country Manager

West Africa Region

Mrs Marie-Laure Akin-Olugbade, Director General

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

TEL. : (+225) 20 26 40 47

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