Labor force | 969,000 (2023 est.) |
---|---|
Industrial production growth rate | 6.5% (2023 est.) |
Industries | peanuts, fish, hides, tourism, beverages, agricultural machinery assembly, woodworking, metalworking, clothing |
Population below poverty line | 53.4% (2020 est.) |
Taxes and other revenues | 20.3% (of GDP) (2017 est.) |
Fiscal year | |
Exchange rates | |
Currency | dalasis (GMD) per US dollar - |
Exchange rates 2023 | 61.096 (2023 est.) |
Exchange rates 2022 | 54.923 (2022 est.) |
Exchange rates 2021 | 51.484 (2021 est.) |
Exchange rates 2020 | 51.502 (2020 est.) |
Exchange rates 2019 | 50.062 (2019 est.) |
Debt - external | |
Debt - external 2022 | $696.707 million (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $577.028 million (2023 est.) |
Reserves of foreign exchange and gold 2022 | $568.244 million (2022 est.) |
Reserves of foreign exchange and gold 2021 | $652.671 million (2021 est.) |
Current account balance | |
Current account balance 2022 | -$90.251 million (2022 est.) |
Current account balance 2021 | -$86.877 million (2021 est.) |
Current account balance 2020 | -$86.553 million (2020 est.) |
Public debt | |
Public debt 2017 | 88% of GDP (2017 est.) |
Budget | |
Revenues | $308.887 million (2018 est.) |
Expenditures | $221.137 million (2018 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 26.82% of GDP (2023 est.) |
Remittances 2022 | 23.07% of GDP (2022 est.) |
Remittances 2021 | 27.16% of GDP (2021 est.) |
Household income | |
Lowest 10% | 2.6% (2020 est.) |
Highest 10% | 30.6% (2020 est.) |
Imports | |
Imports 2022 | $829.516 million (2022 est.) |
Imports 2021 | $726.23 million (2021 est.) |
Imports 2020 | $690.979 million (2020 est.) |
Imports (partners) | China 31%, Senegal 12%, India 8%, Brazil 8%, US 5% (2022) |
Comodities Imports force | cotton fabric, rice, raw sugar, poultry, palm oil (2022) |
Exports | |
Imports 2022 | $829.516 million (2022 est.) |
Imports 2021 | $726.23 million (2021 est.) |
Imports 2020 | $690.979 million (2020 est.) |
Exports (partners) | India 31%, China 23%, Italy 7%, Chile 7%, Portugal 5% (2022) |
Comodities Exports force | coconuts/Brazil nuts/cashews, wood, shellfish, scrap iron, fish oil (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $7.905 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $7.508 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $7.156 billion (2021 est.) |
GDP (official exchange rate) | $2.34 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $2,900 (2023 est.) |
Real GDP per capita 2022 | $2,800 (2022 est.) |
Real GDP per capita 2021 | $2,700 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 24.6% (2023 est.) |
Industry | 15.2% (2023 est.) |
Services | 51.5% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 81.6% (2023 est.) |
Government consumption | 8.8% (2023 est.) |
Investment in fixed capital | 39.3% (2023 est.) |
Exports of goods and services | 5.4% (2023 est.) |
Imports of goods and services | -35.1% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 6.48% (2023 est.) |
Unemployment rate 2022 | 6.08% (2022 est.) |
Unemployment rate 2021 | 6.21% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 10.6% (2023 est.) |
Male | 10.9% (2023 est.) |
Female | 10.4% (2023 est.) |
Want to know more about Gambia? Check all different factbooks for Gambia below.