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Economy of Gambia. Statistics, Data and Indicators

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Gambia
N/AN/A Credit rank #
N/A Quality of life #
102 Corruption rank#88
155 Ease of doing business#132
Gambia


Gambia Major Economic Indicators

Indicator Data Period
GDP Value 2.08 USD Billion 2021
GDP Annual Growth Rate 5.6 % 2021
GDP per capita 711 USD 2021
Inflation Rate YoY 11.7 % Jun/22
Interest Rate 11 % May/22
Unemployment Rate 11.2 % 2021
Balance of Trade -4140070 USD Million | -4140.07 B USD 1Q/22
Current Account -21.66 USD Million | -0.022 B USD 3Q/21


GDP Indicators

Indicator Data Period
GDP Value 2.08 USD Billion 2021
GDP Annual Growth Rate 5.6 % 2021
GDP per capita 711 USD 2021
GDP Constant Prices 64784696 GMD Thousand | 1.196 B USD 2021
GDP per capita PPP 2215 USD 2021
GDP From Agriculture  4407753216 GMD Thousand | 81.395 B USD 2021
GDP From Construction  9823257600 GMD Thousand | 181.4 B USD 2021
GDP From Manufacturing  1166644480 GMD Thousand | 21.544 B USD 2021
GDP From Mining  445765216 GMD Thousand | 8.232 B USD 2021
GDP From Public Administration  1963997056 GMD Thousand | 36.268 B USD 2021
GDP From Services  34 GMD Thousand | 0 B USD 2021
GDP From Transport  2337182208 GMD Thousand | 43.159 B USD 2021
GDP From Utilities  836403072 GMD Thousand | 15.445 B USD 2021


Budget Indicators

Indicator Data Period
Government Debt to GDP 82.9 % 2021
Government Budget Value -2480 GMD | 0 B USD 1Q/22
Government Revenues 3953 GMD | 0 B USD 1Q/22
Fiscal Expenditure  6433 GMD | 0 B USD 1Q/22
Government Budget to GDP -4 % 2021
Military Expenditure 14.3 USD Million | 0.014 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 123 Index Points Jun/22
Food Inflation 13.72 % Jun/22
GDP Deflator 162 Index Points 2021
Inflation Rate YoY 11.7 % Jun/22
Inflation Rate Mom 0.66 % Jun/22
CPI Housing Utilities 110 Index Points Jun/22
CPI Transportation 126 Index Points Jun/22


Trade Indicators

Indicator Data Period
Current Account to GDP -9.3 % 2021
Balance of Trade -4140070 USD Million | -4140.07 B USD 1Q/22
Capital Flows 48.75 USD Million | 48750 B USD 1Q/21
Current Account -21.66 USD Million | -0.022 B USD 3Q/21
Exports 176329 USD Million | 176.329 B USD 1Q/22
Imports 4316399 USD Million | 4316.399 B USD 1Q/22


Money Indicators

Indicator Data Period
Interest Rate 11 % May/22
Money Supply M0 27629 GMD Million | 0.51 B USD Mar/22
Money Supply M1 37539 GMD Million | 0.693 B USD Mar/22
Money Supply M2 65168 GMD Million | 1.203 B USD Mar/22
Deposit Interest Rate 9 % 2Q/19


Labor Indicators

Indicator Data Period
Unemployment Rate 11.2 % 2021


Taxes

Indicator Data Period
Corporate Tax Rate 27 % 2021
Personal Income Tax Rate 30 % 2021
Sales Tax Rate 15 % 2020


Business Indicators

Indicator Data Period
Corruption Index 37 Index Points 2021
Corruption Rank 102 place 2021
Ease of Doing Business 155 place 2019
Competitiveness Index 45.92 Index Points 2019
Competitiveness Rank 124 2019