Gambia (The Gambia) Economic Statistics and Indicators

13, Feb 2012, CET. Welcome to the Gambia economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Gambia, The (The Gambia) › Change country
National or Regional Currency: Dalasi, GMD
Year of data: 2010 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 1,797,860 (July 2011 est.)
Area: total: 11,295 sq km land: 10,000 sq km water: 1,295 sq km
Natural Resources: fish, clay, silica sand, titanium (rutile and ilmenite), tin, zircon
Capital: name: Banjul geographic coordinates: 13 27 N, 16 34 W time difference: UTC 0 (5 hours ahead of Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Gambia's economy remains overwhelmingly dependent on the export of peanuts and their byproducts and the re-exporting of imported foreign goods to other African nations. About three quarters of the population is employed in agriculture. Re-export trade constitutes a significant portion of economic activity. Gambia's natural beauty and proximity to Europe has made it amongst the larger markets for tourism and transportation in West Africa.
More on the Gambia Economy
More on the Gambia Export, Import and Trade

Economic Indicator Listing
  For Gambia in year 2010 Indicator Value
GDP Growth (Constant Prices, National Currency) 5.73 %
GDP (Current Prices, National Currency)GMD 29.185 Billion.
GDP (Current Prices, US Dollars)US$ 1.067 Billion
GDP Deflator 127.533 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)GMD 13,219.74 .
GDP Per Capita (Current Prices, National Currency)GMD 16,859.48 .
GDP Per Capita (Current Prices, US Dollars)US$ 616.555
GDP (PPP), US DollarsUS$ 3.494 Billion
GDP Per Capita (PPP), US DollarsUS$ 2,018.23
GDP Share of World Total (PPP) 0.005 %
Implied PPP Conversion Rate 8.354
Investment (% of GDP) 17.433 %
Gross National Savings (% of GDP) 5.441 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 297.913 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 5.049 %
Inflation, End of Year (Indexed to Year 2000) 305.063 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 5.789 %
Import Volume of All Items Including Goods and Services (Percent Change) 10.144 %
Import Volumes of Goods Only (Percent Change) -10.152 %
Export Volume of All Items Including Goods and Services (Percent Change) 5.381 %
Export Volumes of Goods Only (Percent Change) 3.09 %
Value of Oil ImportsUS$ 0.037 Billions
Value of Oil ExportsUS$ 0 Billions
Population 1.731 Million
General government revenue (National Currency)GMD 5.026 Billions.
General government revenue (% of GDP) 17.222 %
General government total expenditure (National Currency)GMD 6.466 Billions.
General government total expenditure (% of GDP) 22.156 %
Total Government Net Lending/ Borrowing (National Currency)GMD -1.44 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -4.934 %
General Government Structural Balance (National Currency)GMD -1.414 Billion.
General Government Balance (National Currency)GMD -0.674 Billion.
General Government Balance (% of GDP) -2.309 %
Total Government Net Debt (National Currency)GMD 16.748 Billion.
Total Government Net Debt (% of GDP) 57.386 %
Total Government Gross Debt (National Currency)GMD 16.748 Billion.
Total Government Gross Debt (% of GDP) 57.386 %
Fiscal Year Gross Domestic Product, Current PricesGMD 29.185 Billions.
Current Account Balance (US Dollars)US$ -0.128 Billion
Current Account Balance (% GDP) -11.992 %
Economic Indicators for Gambia 2010

GDP (Constant Prices, National Currency) for Gambia in year 2010 is GMD 22.885 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Gambia in year 2010 is 5.73 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Gambia in year 2010 is GMD 29.185 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Gambia in year 2010 is US$ 1.067 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Gambia in year 2010 is 127.533 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Gambia in year 2010 is GMD 13,219.74 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Gambia in year 2010 is GMD 16,859.48 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Gambia in year 2010 is US$ 616.555 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Gambia in year 2010 is US$ 3.494 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Gambia in year 2010 is US$ 2,018.23 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Gambia in year 2010 is 0.005 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Gambia in year 2010 is 8.354 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Gambia in year 2010 is 17.433 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Gambia in year 2010 is 5.441 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Gambia in year 2010 is 297.913 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Gambia in year 2010 is 5.049 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Gambia in year 2010 is 305.063 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Gambia in year 2010 is 5.789 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Gambia in year 2010 is 10.144 %.

Import Volumes of Goods Only (Percent Change) for Gambia in year 2010 is -10.152 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Gambia in year 2010 is 5.381 %.

Export Volumes of Goods Only (Percent Change) for Gambia in year 2010 is 3.09 %.

Value of Oil Imports for Gambia in year 2010 is US$ 0.037 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Gambia in year 2010 is US$ 0 Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Population for Gambia in year 2010 is 1.731 Million .

General government revenue (National Currency) for Gambia in year 2010 is GMD 5.026 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Gambia in year 2010 is 17.222 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Gambia in year 2010 is GMD 6.466 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Gambia in year 2010 is 22.156 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Gambia in year 2010 is GMD -1.44 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Gambia in year 2010 is -4.934 %.

General Government Structural Balance (National Currency) for Gambia in year 2010 is GMD -1.414 Billion. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

General Government Balance (National Currency) for Gambia in year 2010 is GMD -0.674 Billion. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

General Government Balance (% of GDP) for Gambia in year 2010 is -2.309 %. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

Total Government Net Debt (National Currency) for Gambia in year 2010 is GMD 16.748 Billion. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.

Total Government Net Debt (% of GDP) for Gambia in year 2010 is 57.386 %. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.

Total Government Gross Debt (National Currency) for Gambia in year 2010 is GMD 16.748 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Gambia in year 2010 is 57.386 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Gambia in year 2010 is GMD 29.185 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Gambia in year 2010 is US$ -0.128 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Gambia in year 2010 is -11.992 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Gambia
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Gambia
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Gambia
  Natural Resources, Agricultural Products, Land Use and Water Use for Gambia
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Gambia
  Age Structure, Median Age, Gender and Urbanization for Gambia
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Gambia
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Gambia
  HIV, AIDS and Other Major Infectious Disease Rates for Gambia
  Nationality, Ethnic Groups, Languages and Religions for Gambia
  Literacy Rate, Educational Expenditure and School Life Expectancy for Gambia
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Gambia
  Labor Force by Occupation for Gambia
  Poverty Line, Gini Index, Household Income and Consumption for Gambia
  National Budget and Public Debt for Gambia
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Gambia
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Gambia
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Gambia
  Industries and Industrial Growth Production Rate for Gambia
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Gambia
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Gambia
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Gambia
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Gambia
  Foreign Exchange Reserves and Gold Reserves for Gambia
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Gambia
  Exchange Rate Statistics for Gambia
  Television and Radio Statistics (TV Stats, Radio Stats) for Gambia
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Gambia
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Gambia
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Gambia
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Gambia
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Gambia
* Source: CIA
Internet Indicators for Gambia
Indicators
  Number of Internet Users for Gambia
  Internet Penetration Rate for Gambia
  Number of Facebook Accounts for Gambia
  Facebook Penetration Rate for Gambia
* Source: IWS
Economic Freedom Indicators for Gambia
Indicators
  Economic Freedom World Rank for Gambia
  Economic Freedom Regional Ranking for Gambia
  Business Freedom for Gambia
  Trade Freedom for Gambia
  Fiscal Freedom for Gambia
  Government Spending for Gambia
  Monetary Freedom for Gambia
  Investment Freedom for Gambia
  Financial Freedom for Gambia
  Property Rights for Gambia
  Freedom from Corruption for Gambia
  Labor Freedom for Gambia
  Tariff Rate for Gambia
  Income Tax Rate for Gambia
  Corporate Tax Rate for Gambia
  Tax Burden % of GDP for Gambia
  Government Expenditure % of GDP for Gambia
* Source: HFO
Corruption Perceptions Index Rank and Score for Gambia
Indicator
  Corruption Perceptions Index Rank and Score for Gambia
* Source: TIO
Gambia Economic Indicators in other Years
  Gambia Economic Indicators for Year 2016 (Forecast)
  Gambia Economic Indicators for Year 2015 (Forecast)
  Gambia Economic Indicators for Year 2014 (Forecast)
  Gambia Economic Indicators for Year 2013 (Forecast)
  Gambia Economic Indicators for Year 2012 (Forecast)
  Gambia Economic Indicators for Year 2011 (Forecast)
Gambia Economic Indicators for Year 2010 (Current)
  Gambia Economic Indicators for Year 2009
  Gambia Economic Indicators for Year 2008
  Gambia Economic Indicators for Year 2007
  Gambia Economic Indicators for Year 2006
  Gambia Economic Indicators for Year 2005
  Gambia Economic Indicators for Year 2004
  Gambia Economic Indicators for Year 2003
  Gambia Economic Indicators for Year 2002
  Gambia Economic Indicators for Year 2001
  Gambia Economic Indicators for Year 2000
  Gambia Economic Indicators for Year 1999
  Gambia Economic Indicators for Year 1998
  Gambia Economic Indicators for Year 1997
  Gambia Economic Indicators for Year 1996
  Gambia Economic Indicators for Year 1995
  Gambia Economic Indicators for Year 1994
  Gambia Economic Indicators for Year 1993
  Gambia Economic Indicators for Year 1992
  Gambia Economic Indicators for Year 1991
  Gambia Economic Indicators for Year 1990
  Gambia Economic Indicators for Year 1989
  Gambia Economic Indicators for Year 1988
  Gambia Economic Indicators for Year 1987
  Gambia Economic Indicators for Year 1986
  Gambia Economic Indicators for Year 1985
  Gambia Economic Indicators for Year 1984
  Gambia Economic Indicators for Year 1983
  Gambia Economic Indicators for Year 1982
  Gambia Economic Indicators for Year 1981
  Gambia Economic Indicators for Year 1980