Gambia banner image


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.

Read more

Key Facts

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

Show more facts




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

You are currently offline. Some pages or content may fail to load.