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Gambia : economy statistics and industry reports
- Updated on : 27 August 2012 Source : The World Factbook
Imports
$327 million (2011 est.)$313.1 million (2010 est.)
Exports
$103.9 million (2011 est.)$98.2 million (2010 est.)
Inflation rate (consumer prices)
4.8% (2011 est.)5% (2010 est.)
Unemployment rate
NA%GDP - per capita (PPP)
$2,000 (2011 est.)$2,000 (2010 est.)
$1,900 (2009 est.)
note: data are in 2011 US dollars
National product real growth rate
5% (2010 est.)5.6% (2009 est.)
6.3% (2008 est.)
Internet users
130,100 (2009)Telephones - mobile cellular
1.478 million (2009)Population growth rate
2.344% (2012 est.)Population
1,840,454 (July 2012 est.)About this country
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Historical background
The Gambia gained its independence from the UK in 1965.
Geographically surrounded by Senegal, it formed a short-lived federation of Senegambia between 1982 and 1989.
In 1991 the two nations signed a friendship and cooperation treaty, but tensions have flared up intermittently since then.
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Economic overview
The Gambia has sparse natural resource deposits and a limited agricultural base, and relies in part on remittances from workers overseas and tourist receipts.
About three-quarters of the population depends on the agricultural sector for its livelihood.
Small-scale manufacturing activity features the processing of peanuts, fish, and hides.
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