The Gambia's GDP composition by sector in 2023 reveals a diversified economic structure, with wholesale, retail trade, restaurants, and hotels leading at 28.74%. Services and agriculture each contribute 20.55%, while transport, storage, and communication account for 16.34%. The mining, manufacturing, and utilities sector registers 8.19%, and construction comprises 5.63% of the GDP. Over the past two years, variations indicate stability in agricultural output and a slight increase in service sector participation, with a noticeable push in infrastructure contributing to the uptick in construction activities.
Future trends to watch include:
- Potential growth in the tourism sector, impacting wholesale, retail, and services positively.
- Infrastructure development may boost the construction and manufacturing sectors.
- Government policies and international investment interest could further diversify economic contributions.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Wholesale, retail trade, restaurants and hotels | 28.74 | 2016 | |
| 2 | 2 Services | 20.55 | 2016 | |
| 3 | 3 Agriculture, hunting, forestry, fishing | 20.55 | 2016 | |
| 4 | 4 Transport, storage and communication | 16.34 | 2016 | |
| 5 | 5 Mining, Manufacturing, Utilities | 8.19 | 2016 | |
| 6 | 6 Construction | 5.63 | 2016 |
